Top Sports Betting Websites in Iceland
The small Nordic nation of Iceland is not exactly known for its bustling sports betting industry. Still, many Icelanders are in constant search of top-quality sportsbooks where they can wager on their favorite sports, such as football, handball, basketball, and more.
If you’re one of them, you’ll be happy to know that this page will provide you with everything you need. We’ll begin with a list of top sports betting websites in Iceland and follow it up with beginner guides on how to start betting online, which sports and markets to bet on, how to read sports betting odds, and more.
Best Icelandic Betting Sites
After testing all betting websites that accept customers from Iceland, we compiled a shortlist featuring only the finest online sportsbooks for Icelanders. On these sites, you can expect competitive odds, rewarding bonuses, outstanding sports and market range, excellent user experience, and responsive customer service, among other things.
Is Sports Betting in Iceland Legal?
Before we proceed, let’s address the most important question: Is it legal for Icelanders to place sports bets online?
Since there are no specific laws regarding online betting in Iceland, offshore sportsbooks freely offer their services to Icelandic customers without worrying about legal repercussions. Furthermore, no specific laws target Icelandic citizens who visit and place bets on these websites, leaving them worry-free as well.
Of course, this still doesn’t mean that betting on offshore sportsbooks in Iceland is legal, only that there are no official restrictions for those who decide to participate in this activity.
Pool-based sports lotteries have been legal since 1972, but only through officially licensed providers. The country’s sports and lotto components then merged in 2001 to create Íslensk Getspágetraunir, which, to this day, remains the only legally licensed sportsbook in Iceland.
How We Made Our Top X List of Sports Betting Sites in Iceland
With easy access to the country’s market, there are quite a few online sportsbooks that accept customers from Iceland. So, how did we decide that these exact betting sites would grace our top list?
Well, we simply looked at each website’s aspects and performance indicators that we feel should be most important to bettors, including the following.
Odds
The odds determine your potential payout. After all, it’s all about winning, and when you win, you should win big, which is guaranteed by competitive odds. To determine whether the given sportsbook’s odds are reasonable, we set them against the market and calculate their juice (the sportsbook’s commission).
Sports and Market Range
Next, we looked into the betting sites’ sports menus and all the betting options available within those sports. Our focus was on sports that are popular among Icelanders, including football, basketball, and handball, but we also made sure that our top selections offered globally popular sports like golf, boxing, tennis, and more.
We dug deeper to find which competitions are available within these popular sports and which betting markets are available for specific events. For instance, a sportsbook that offers live tennis betting on Challenger tournaments and features plenty of prop bets will score higher than one that only provides a few standard bets on the majors.
Betting Features
Showcasing advanced betting features is always a plus in our book. We value when a sportsbook has a bet builder, provides odds boosts on selected events, and allows users to set odds to a preferred format, among other things.
Bonuses and Promotions
You’ll get a bonus no matter which online sportsbook in Iceland you select, but some betting sites are way more generous than others when it comes to rewarding customers, so we pay close attention to this aspect as well.
When investigating bonuses, we note a sportsbook’s wagering requirements and other limitations, check the range of promotions available for returning bettors, see if there are any promos exclusive to big sporting events, and evaluate the operator’s loyalty program.
User Experience
We know how frustrating it can be when a betting site is laggy, has slow loading times, or provides awkward navigation routes. To be considered top-rated, an Icelandic betting site must provide visitors with a smooth user experience through a well-designed interface, excellent functionality, and helpful features.
Banking
Accepting a wide range of payment options ensures that a betting site can accommodate players of different financial preferences. We also ensure that a sportsbook has optimal deposit and withdrawal limits, doesn’t charge any fees, and has prompt processing times.
Customer Care
A top-rated betting site should have 24/7 support ready to tackle any potential problems, from claiming bonuses to questioning various betting rules and asking about when your winnings will arrive.
How to Start Betting on an Iceland-Friendly Online Sportsbook
Here’s a quick walkthrough of how to place your first bet on our top betting sites in Iceland:
- Pick any sportsbook from our list and head to its website by clicking on the corresponding link.
- Register using your personal details, including your name, date of birth, address, and more. Don’t worry; we have made sure that all of these sites are 100% safe and that your sensitive data won’t be exposed in any way.
- Go to the cashier, place a deposit using a preferred banking method, and claim the sportsbook’s welcome bonus.
- Browse the list of sports and find an event you want to bet on. Click/tap on the corresponding odds to place your selection on the betting slip.
- Enter your stake, review the betting slip, and submit your wager.
- If you win, return to the cashier, go to the withdrawal tab, pick a payment method, type in the desired amount, and submit your withdrawal request.
Frequently asked Questions and Answers (FAQ)
Are Iceland betting sites safe?
The Iceland-friendly sportsbooks listed on this page are all completely safe. These sites use high-end encryption, firewalls, and other technology to protect your personal information and keep anyone from hacking into your account.
Can I bet on mobile in Iceland?
Yes, all top-rated sportsbooks that accept players from Iceland can be accessed on smartphones and tablets, while some even have dedicated apps that you can download and install for free.
Do Iceland betting sites accept the Icelandic Króna (ISK)?
Some betting sites that accept Icelandic customers also accept ISK deposits and withdrawals, but not all of them. Sometimes, you will have to convert your krónas into euros or another accepted currency.
How quickly can I get my winnings from an Iceland sports betting site?
This depends on the sportsbook and their withdrawal policies, but withdrawal requests at betting sites are typically processed within 24 to 72 hours. This doesn’t include the time it takes for the money to reach your bank account once it has been cleared by the sportsbook, which may take additional time, depending on the payment method.