Can You Bet Online In Iceland?
Yes, online betting is legal in Iceland, but certain restrictions exist. However, no rule prohibits players from betting on international betting sites.
Best Online Betting in Iceland 2025
Checked by Max Fox
Updated
Iceland is one of the countries in Europe where online betting is permitted. However, there are so many betting sites to choose from. This is why OddsSurfer.com has created this review to help you select the right bookmaker. See 8 major sports betting sites in Iceland.
The Best Online Sports Betting Sites in Iceland
Our experts at OddsSurfer have written this review to help you choose the ideal bookmaker. When selecting these options, we aimed at the legality, sports coverage, and bonuses. We also outlined the first-rate betting apps, bonuses, and top sports. Please continue reading to choose one of the best bookmakers in Iceland today.
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100% up to €100- Generous Bonuses and Promotions
- Diverse Sports Betting Markets
- User-Friendly Interface
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100% up to €100- Monthly free bets are part of the loyalty program
- Tons of sporting markets covered
- Grants convenient transaction methods, e.g. PaysafeCard, Visa, and crypto
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100% up to €100- 30+ Sports and Niche Market Coverage
- Generous Bonuses and Promotions
- Advanced Features for In-Play Betting
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100% welcome bonus up to 150,700 ISK- Mobile app for iOS and Android phones
- 50+ payment methods (PaysafeCard, Neteller, & Sticpay)
- High winning limits
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100% up to €100- 1000+ markets for major events
- Extensive live betting with real-time odds
- Supports over 20 payment methods
Table of Contents
List of Top Betting Sites In Iceland
100% welcome bonus up to 150,700 ISK
888Starz
888Starz is best betting sites in Iceland with a license from the Curaçao Government.
Getting started is easy with 4 different registration methods. Register by one click, phone, email, or social network. After signing up, you get a 100% bonus of up to 150,700 ISK. Lucky Ticket, Big Football Cashback, & Jackpot League are other promos.
888Starz integrates cryptocurrency as a payment means in Iceland. The company supports about 50 cryptocurrency coins. Algorand, Cosmos Atom, Cardano, Bitcoin, Solana, & Toncoin are examples. Your deposits and withdrawals are almost instant, and you remain anonymous.
The betting site covers 50+ sports in Iceland. Bettors can play sports like soccer, snooker, & tennis. Some of the top events are the DFB Pokal, CEV Cup, & Challenger San Diego.
Pros
- Mobile app for iOS and Android phones
- 50+ payment methods (PaysafeCard, Neteller, & Sticpay)
Cons
- High wagering requirements on bonuses
Key Betting Information in Iceland
| 🌏 Country | Iceland |
|---|---|
| 👌 Language | Icelandic |
| 💰 Currency | Icelandic króna (ISK) |
| ⚽ Popular sports | Football, Handball, Basketball, Ice Hockey, Esports |
| ⚖️ Is betting legal? | Yes, with certain restrictions |
| 🏛️ Regulator | The national lottery company, Íslensk Getspá/Getraunir, holds a monopoly on sports betting. |
| 🧾 Gambling taxes | Winnings from legal gambling may be taxed depending on the amount and overall income. |
| 💳 Most popular payments methods | Visa, MasterCard, E-wallets, Bank Transfers, Cryptocurrencies, PaysafeCard |
Best Mobile Betting Apps
Mobile apps have become necessary for betting companies because they make betting more appealing. With mobile apps, users can access payment methods and live updates with ease. OddsSurfer experts have tested a few online betting sites in Iceland. Below are superb picks for betting apps.
Bet365
The bookmaker has a mobile app compatible with Android 7.0 and iOS 13.0+. Players can download it from the Google Play and Apple Store within 3–5 minutes. The application holds live betting, streaming, cash out, bet builder, and Bet Boost.
Unibet
The bookie owns a mobile app compatible with Android 6.0 and iOS 13.0 or above. You may install it within 3 minutes. The app has free bets, cash out, push notifications, & Unibet TV for streaming.
22Bet
22Bet has a mobile betting application for iOS 13.0 and Android 4.0 devices. Players can download it from the 22Bet website. The mobile app keeps all the features. You can register, cash out, play live betting, and use live streaming.
How We Rate/Rank
BetSerfer gurus based their rankings on lots of factors to add betting sites to the review. Here are some of the factors the research team considered before rating Icelandic betting sites.
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Licensing And Regulation
When ranking the best betting sites in Iceland, we first check licensing and regulation. The online betting sites we’ve added have licenses from the Curaçao, Malta, and Gibraltar governments.
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User Interface And Mobile App Quality
We’ve only added sports betting sites with intuitive designs and excellent user interfaces. We also considered the availability of mobile apps. The top bookmakers must enable easy access to live betting, payment options & sports pages.
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Bonuses And Promotions
Bonuses are essential to keep customers in Iceland happy. As a result, there are sports betting operators with welcome bonuses and ongoing promotions. Plus, we considered the T&Cs and betting requirements of the promos.
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Live Betting Options
Great Icelandic bookmakers offer live betting options. The online betting sites we added enable customers to bet on ongoing matches. Most also provide live streaming to watch games.
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Payment Methods Availability And Security
All sports betting sites we added have strong SSL encryption to protect user information and finances. BetSutfer pros added sports betting companies with fast payment options.
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Customer Service Quality
The quality of customer support is key to keeping customers happy in Iceland. We checked for response time and support channels available. Most of our betting sites have a live chat and email address and reply within a few hours.
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Betting Odds Competitiveness
Betting odds determine a bettor’s potential payout. We only added betting sites in Iceland with competitive odds to maximize winnings.
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Reputation And Trustworthiness Of The Bookmaker
All betting operators in Iceland that we’ve added have a track record of paying out. OddsSurfer pros checked reviews from bettors to confirm their reputations.
Top Bookmakers by Sport
Our experts believe most bettors in Iceland wager on sports. Hence, finding the bookmaker that delivers your preferred sport is essential. We’ve highlighted some of the most popular sports and provided information on where to find them.
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Football
Best Bookies: Bet365, Unibet, William Hill
Football is one of the most popular sports in Iceland. The Iceland national football team competes in the UEFA Nations League & European Championships. Bet on the Strákarnir Okkar in any of these competitions. Other popular events to punt in Iceland are Besta Deild Karla, Ligue 1, & Series A.
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Handball
Best Bookmakers: Betsson, 888Starz, NordicBet
Handball is another popular sport in Iceland. The Icelandic men’s national team has played in the Olympics and EHF Euro. The top bookmakers offer markets for the Commonwealth Games, France Division 2, and the World Championship.
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Basketball
Best Bookies: Unibet, 22Bet, FortuneJack
Basketball is popular in Iceland. The Iceland men’s national basketball team competes at the EuroBasket. Bookmakers also enable bettors to stake on the NBA, Iceland Premier League Women, & Italy Serie A2.
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Ice Hockey
Best Bookmakers: 888Starz, Betsson
Our team’s found that one in 512 Icelanders is an ice hockey player. This shows the popularity of the sport in Iceland. The Icelandic men’s national ice hockey team competes in the IIHF World Championships. Other popular events on top bookies are Finland Liiga, SHL, and Austria EHL.
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Esports
Best Bookies: 22Bet, William Hill, FortuneJack
Esports have continued to gain popularity in many countries, and Icelanders are not left behind. Iceland has many eSports leagues. The Northern League of Legends Championship is an example. Many bookmakers offer Dota2 Duels: Berserk League & CS: Mesa Asian Masters Asia Qualifiers.
Best Betting Odds
The odds difference across sports betting operators determines if you’ll maximise your stake. This is why BetSerfer team suggests signing-up at a bookmaker with competitive odds. If you want great payouts, stake with the sportsbooks below.
- Bet365
- 22Bet
- Betsson
- William Hill
Betting Site Bonuses and Promotions
Promotions are as important as the sports coverage. This is because bonuses help customers explore more betting markets without using their money. Outlined below are some of the common promotions.
Welcome Bonus
A welcome reward gives you a soft start on a betting site in Iceland. You could receive a deposit bonus, free bet, or cashback. For example, Bet365 gives new users $30 in bet credits when they deposit $10 after registering.
No Deposit Bonus
A no-deposit reward is a bonus you get without needing to first make a deposit. This could also be a free bet. An example is the Birthday Bonus from 22Bet. The sportsbook gives members 500 bonus points on their birthday.
Free Bets
Free bets could result from no deposit, cashback or deposit bonuses. Sports betting sites give members this reward to punt on more games or lottery choices. For instance, Betsson offers bettors €35 in free bets after signing up.
Cashback
Cashback is a bonus you get for depositing and betting on a bookmaker. Many sports betting operators give punters a percentage of the money they’ve deposited as cashback. For example, 888Starz offers users up to 20% cashback from football bets.
Payment Methods
Payment is an essential part of any betting operator. Most times, players need to fund their accounts to place a bet. Likewise, they need options to withdraw their winnings. As a result, our team has discovered that Icelandic bookmakers offer many payment methods. We’ve highlighted the leading ones below.
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Credit/Debit cards (Visa, MasterCard)
Most Icelandic bookmakers accept debit/credit cards as a payment method. While deposits are immediate, many online betting sites don’t enable Visa/MasterCard withdrawals. The bookmakers we added don’t charge a fee, but the card provider may charge a small fee.
Debit/credit cards are safe thanks to encryption from the sportsbook and card provider. However, you may need to undergo verification if necessary. The minimum and maximum amount allowed using Visa/MasterCard depends on chosen bookie. -
E-wallets (Skrill, Neteller, PayPal, Apple Pay)
E-wallets like Neteller, Skrill, and PayPal are popular paying methods across different countries. Sportsbooks in Iceland accept this method. Deposits take about 30 minutes, but withdrawals can take up to 1 hour.
This method is safe because most e-wallets use SSL encryption to protect your details. However, you must submit ID to verify your account with the e-wallet provider.
Most e-wallets charge no fee, but some may charge a fee, depending on their policies. The minimum deposit and withdrawal amount is around 500 ISK. On the other hand, the maximum amount varies according to your sportsbook. -
Bank Transfers
Most sports betting companies accept bank transfers for deposits and payouts. Depositing takes about 30 minutes, but withdrawing could take up to 5 business days.
Banks use tokenization and OTPs to secure the transactions. As a result, you may fund your betting account and withdraw winnings without issues.
The sportsbook will confirm that your name on betting site and bank account match. You may also need to submit your bank statements if necessary.
The minimum deposit and withdrawal limits depend on the betting company. Most permit a minimum transaction amount of 3000 ISK. The bookmaker will not ask for a fee, but your bank may do. -
Cryptocurrencies (Bitcoin, Ethereum)
Iceland is one of the countries that has accepted cryptocurrencies. Hence, many sports betting sites in Iceland have implemented crypto as a paying method. Thanks to cryptography, this option is safe. Your exchange site will verify your identity to block fraudulent activities.
Crypto payments are fast. Deposits and withdrawals take less than 10 minutes to reflect. However, the exchange site will collect a crypto fee.
The transaction limits vary. The minimum and maximum amount depends on the coin and sportsbook involved. -
Prepaid Cards (PaysafeCard)
PaysafeCard is another safe-paying option for betting companies in Iceland. It uses SSL encryption to keep your data secure.
With PaysafeCard, you can deposit and withdraw without providing your information. As a result, verification is unnecessary. You’ll generate a 16-digit code that you might use to pay online or at a merchant.
Payments are fast, and deposits & withdrawals take at most 30 minutes. Also, using this method is free.
The deposit and payout limits vary. We found that players could deposit as low as 1500 ISK using PaysafeCard.
Conclusion
We’ve completed the review of best betting sites in Iceland. Our experts at OddsSurfer considered several factors during the process. We checked the market range, payment choices, mobile applications, & user interface. We suggest you check the lottery choices, bonuses, & customer support before choosing your bookie. Above all, watch out for illegal sports betting sites. For safety, we recommend betting only on legal Icelandic bookmakers. Now select one of our online betting sites to get started today.
Frequently Asked Questions
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Which Site Is Best For Betting In Iceland?
There are many top sports betting sites in Iceland. Well-known ones are Bet365, Betsson, NordicBet, 22Bet, FortuneJack, Unibet, 888Starz, and William Hill.
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Which Betting Site Gives The Best Odds In Iceland?
Bet365, Betsson, and William Hill give the best betting odds for various sports in Iceland.