Iceland is a small island country in the North Atlantic Ocean. It’s known for its beautiful landscapes, including volcanoes, glaciers, and hot springs. Online sports betting is very popular in Iceland. Gambling in Iceland generally doesn’t have many legal concerns. However, there is a wide array of sports markets available, from football to ice hockey and even live betting, so Icelandic punters have many choices to explore. Also, in case anyone wants to mix the fun, online casinos in Iceland are also popular.
Whether you’re new to betting or have experience, this guide will help you understand everything you need to know. You’ll learn about the rules and how online betting works in Iceland. We’ll explain how to make sure you’re betting responsibly and securely. Plus, you’ll discover tips on how to find the best odds and use multi-bets to increase your chances of winning.
We are experts in online gambling with many years of experience to back it up. We know just what a sports bookie needs to make it inviting for players. Our goal is to give Icelandic players a safe and fun place to gamble online. We’ve put together a list of the criteria we look out for when choosing the best Icelandic betting sites. They are:
On our website, we only recommend sports bookmakers with good reputations. We believe the first indication that a betting site is good is its online reputation. Here are the things we look at to make sure the websites we list are trustworthy:
In Iceland, there aren’t specific rules for online betting, so local licenses for sports betting companies don’t exist. Instead, we list international websites that have licenses from well-known places like the Malta Gaming Authority (MGA) Curaçao eGaming, and the United Kingdom Gambling Commission. This makes sure you’re safe when playing online.
Customer support is one of many factors that can affect how good your betting session will be. Good customer support services allow for good gaming experiences. We rate Iceland’s online betting sites based on how helpful and fast their support is. We make sure they have:
Promotions and bonuses definitely make betting online more fun. People bet to make profits, and anything that helps you win more automatically makes gaming more fun. Because of this, we make sure the betting sites we recommend in Iceland have fair offers for players.
There are so many options for online games. In Iceland, you can wager on different betting markets on top-class betting websites. Before listing any of these websites, we check that they offer the following:
It’s essential to have easy ways to pay and withdraw money when gambling online. That’s why we only recommend sports bookies in Iceland that offer safe and easy payment options.
For more information about sports betting, check out our guides on:
Are you feeling pumped to get in on the action and maybe win some money playing online? Look at our list of the best online sports betting sites in Iceland below.
Online betting in Iceland has recently become very popular. People can now easily bet on sporting events from anywhere they are, as long as they have a stable internet connection. Here’s what you need to know:
In Iceland, you can bet on a wide variety of sports. Popular choices include football, basketball, handball, ice hockey, and skiing. There are options for both local and international sports events, giving everyone something to bet on.
Online betting in Iceland isn’t regulated locally. However, residents can play through licensed international sites that accept Icelandic players.
Safety is a priority in online betting. Websites use strong encryption to protect your money and personal information. They also promote responsible gambling by setting deposit limits and options to stop gambling if it becomes a problem.
Online sportsbooks in Iceland offer competitive odds. This means you have an excellent chance to win more money than other places. Competitive odds attract bettors looking for the best deals on their bets.
You can make multi-bets when betting online in Iceland. This means you can combine different bets into one. It’s a fun way to increase your potential winnings by betting on more than one game at a time. Multi-bet options add excitement and strategy to your betting experience.
The customer support team is the bridge between players and the sports bookmaker. When players have concerns or run into trouble, who do they contact? Customer support! That’s why it is so vital for betting sites to offer top-notch support services. This section explains the key characteristics of a good customer support team.
We know questions can come up at any time. That’s why it’s so important to have customer support available all day and night. This way, players can get help whenever they need it.
Having a live chat attracts points from us when rating betting sites. We always come across sites with chatbots, which prove helpful at times, but we prefer sites with a live chat feature. This option is way more convenient than any chatbot. You get to converse with a real agent to guide you where you have issues in a way you can understand. Chatbots can’t do that so well.
Getting replies to your queries fast is crucial when you’re wagering online. It doesn’t matter if you contact the bookie via email, chat, or phone. The best betting sites in Iceland make sure to respond quickly so players don’t have to wait long for help.
Every customer support should have a vast knowledge of the bookie and be able to help with different issues. Whether it’s about bonuses, games, or managing your account, good support makes a big difference.
It’s important that you can talk to customer support in the language you prefer. Most sports bookies offer help in languages like Icelandic, English, or Spanish. If you speak a less common language, it’s good to check if the support team can understand you well before you start playing.
Online bookmakers have made betting on sports titles super easy. If you wish to get started betting on sports online in Iceland, follow these steps:
We have done a lot of research and reviews to bring you the best betting sites. Here is our list of the top five online bookmakers in Iceland:
Fairspin is a popular betting site in Iceland known for being fair and transparent. It uses blockchain technology so players can trust that games are fair. Fairspin offers many sports to bet on, like football, basketball, and eSports. It also has a variety of casino games. With secure payment methods and a focus on keeping players happy, Fairspin is a great choice.
Winz is another top betting site in Iceland with an easy-to-use interface and many sports to bet on. It covers popular sports like football and tennis, as well as less common ones like darts and snooker. Winz offers live betting, so you can bet on games while they are happening. The site is known for good odds and quick payouts. Winz also promotes responsible wagering and provides tools to help players stay in control.
Dunder is famous for its large selection of games and sports to bet on. The site is modern and easy to navigate, making it good for both new and experienced players. Dunder offers betting on sports like football, basketball, and horse racing, along with many casino games. The site also has generous bonuses and promotions to make betting more fun.
Casumo is a favorite among Icelandic bettors because of its unique and fun approach to betting. It offers many sports to bet on, covering big sports events and leagues around the world. Casumo has a special loyalty program where players can earn rewards as they play. The site is easy to use and provides great customer support. Casumo also focuses on safety and fairness for all players.
Rizk has a fun theme and a simple way to bet on many sports, such as football, basketball, and motorsports. It is known for its “Wheel of Rizk,” where players can spin to win prizes and bonuses. The site offers fast payouts and a clear, fair gaming experience. With its focus on fun and player satisfaction, Rizk is a top choice for many in Iceland.
Online betting is prevalent these days. In Iceland, many betting enthusiasts are sports fans. This section explores the sports that many people in Iceland enjoy betting on the most. They are:
While sports betting is very popular, there are many other fun betting games you can play online. These games offer different experiences and chances to win, so there is something for everyone.
Let’s look at some of the other games you can play besides sports wagering:
Redeeming bonuses and promotions is a great way to make more profit when you bet online at sports bookies. Before redeeming a bonus, a responsible player must first understand the website’s bonus terms. This is an essential precaution against unregulated betting sites. Sadly, some websites are so dubious that they lie about their offers to attract players. These sites end up not delivering as they promised. This is why we suggest reading and understanding bonus terms well. This will help you avoid problems and make sure you get your winnings.
Below, we have listed some of the offers that Icelandic players can benefit from:
To read more about casino bonuses and their guide, visit our online casino bonus guide!
Having multiple payment choices available allows you to enjoy smooth gaming. People have different preferences when it comes to how they make transactions, so online bookies need to provide many options for their users. Offering choices makes it easier for everyone. Also, payments must be processed quickly, depending on your chosen payment type. In this section, we will look at the best methods available at reliable bookmakers in Iceland and discuss why different methods matter.
Here are some of the most popularly-used payment methods in Iceland Bookmakers:
Credit and debit cards like Visa and Mastercard are widely accepted at online sports betting websites in Iceland. They are easy to use for adding money to your betting account quickly. Many people like using these cards because they are safe and work well with banks.
E-wallets such as PayPal and Skrill are fast and secure ways to manage your wagering money. You can store your cash digitally and move it to and from your sportsbook account easily. E-wallets are known for being quick and safe, and they keep your financial information protected.
Bank transfers provide a safe way to move money directly from your bank account to your sportsbook account. This method is straightforward, although it may take a bit longer than other options. Many people feel secure using bank transfers because they are familiar with how banks work.
Cryptocurrencies like Bitcoin are becoming popular payment methods in Iceland for sports betting. Bitcoin offers privacy and efficiency because it is decentralized and keeps your identity safe. Bitcoin transactions are fast and have low fees, making them attractive to people who like using new technology.
Prepaid cards are safe and controlled ways to manage your spending. You load them with money before using them online, so they help you stay within your budget. Prepaid cards do not need a bank account linked to them, which adds extra security.
Several factors can affect how quickly you receive your money from online casinos in Iceland. These factors vary depending on the casino. Here are some things that can make a difference:
Before you can withdraw your bonus money, you usually have to bet it a certain number of times. This is known as the wagering requirement. The higher your bonus, the more times you have to bet it. For withdrawals without a bonus, the requirement is usually 1x. Some casinos may allow withdrawals without meeting the wagering requirement, but if you’re using a bonus, it typically ranges from betting it 25x to 50x.
To prevent fraud and money laundering, casinos in Iceland need to verify who you are. This process is called Know Your Customer (KYC) verification. You must verify your identity before you can withdraw your money. This verification process can take some time, so it’s a good idea to complete it before you plan to withdraw. Different casinos may ask for different documents, such as ID cards or bank statements.
Every online casino in Iceland has rules about how much money you can withdraw at once. These limits might apply daily, weekly, or monthly. Casinos with higher withdrawal limits or no limits make it easier for you to access your money without restrictions when you need it.
The online sports betting market is growing and becoming even more competitive. New websites emerge every day, promising the best services. Here’s a list of new online betting sites for Iceland players.
Mobile sports betting refers to wagering on online bookies on a mobile device. In 2024, everyone’s using their phones everywhere they go and for everything. This also includes betting. It’s just so much more convenient to play any of your favorite games on your phone. It gives you the freedom to play from anywhere and even multitask.
These days, most betting sites have a mobile version to give you access to their platform on your phone or tab. But sometimes, these mobile bookmaker sites aren’t very compatible with some devices. The best Iceland betting sites have solved this problem by developing apps that fit your device’s specifications perfectly. You can download any betting app from either the Play Store (Android) or the App Store (Apple).
If you bet online, you should never ignore gambling laws, whether local or international. It is essential to know the legalities of the region of the website you wager on. Ignoring gambling regulations could lead to accidental breaking of the law. This could attract consequences such as fines and blocking of accounts. You may also fall victim to cyber crimes from unregulated websites.
This section will highlight the important legalities of online betting in Iceland.
Online gambling in Iceland exists in gray areas. There are no clear laws allowing or banning it. Iceland residents can comfortably wager on international sports betting sites without worrying about local authorities.
The Icelandic government does not license any local gambling websites, so there are no licensed local betting operators. People mostly use international betting sites like Bet365 and Betsson, which are usually licensed by the UK Gambling Commission (UKGC) and the Malta Gaming Authority (MGA). These sites accept Icelandic players and different currencies. However, most do not accept the Icelandic króna for payments.
The legal age for gambling in Iceland is 18 years old. This means you must be 18 or older to play lotteries, casino games, and sports betting. If you play on offshore betting sites, check the legal age for gambling in that country to avoid getting your account disabled.
The history of gambling in Iceland is fascinating. There have been many changes over the years. Different laws have shaped how people gamble within the country. This section looks at how gambling has changed from the early 1900s to today. We’ll highlight some important events and laws that were implemented.
In 1926, the Lotteries and Tombola Act allowed lotteries and tombolas for charity. This law controlled gambling to make sure the money helped communities and not private businesses.
In 1933, the University of Iceland started its own lottery to raise money for the school. This lottery showed that gambling could actually support public institutions. In fact, it helped the university grow.
In 1972, Iceland expanded the legal lottery market. The government allowed more types of lotteries to increase public revenue, which supported social and cultural projects.
In 1986, Iceland introduced its first state lottery. This state-run lottery provided money for public services and charities. The government wanted to regulate gambling while ensuring that cash helped everyone.
In 1994, Iceland legalized slots. These gambling machines appeared in many places, aiming to boost tourism and state revenue. However, this also led to concerns about gambling addiction.
In 2004, Iceland allowed people to join foreign lotteries. This gave Icelandic bettors more choices. But it also raised worries about controlling gambling operations outside the country.
In 2016, Iceland updated its criminal code to address new gambling issues. This was primarily directed at online gambling. The new rules provided more precise guidelines and stricter control of illegal gambling. This change showed the government’s effort to protect people from the risks of unregulated online gambling.
The best betting site in Iceland is Bet365. It has many sports and is easy to use.
Most big betting websites do not take Icelandic króna. But using other leading currencies, you can still use sites like Bet365, Betsson, and 888sport.
No, you do not have to pay tax on gambling winnings in Iceland.
No, you will not go to jail for wagering online in Iceland. Online betting is not regulated, so it is not illegal.
