Best Online Betting Sites in Iceland | Review 2025

Your gateway to thrilling casino games and secure sports wagers in Iceland

Boomerang Bet

Boomerang Bet

Experience top-tier bonuses and immersive gameplay.

Play Now
RTbet

RTbet

Secure transactions and exceptional service await you.

Play Now
Tonybet

Tonybet

High payouts and endless rewards with every spin.

Play Now

While there are strict prohibitions on gambling activities in Iceland, online betting is legal. However, make sure you are aware of the regulations and restrictions before you enjoy top-notch experiences at the best platforms. Competitive odds, high payouts, helpful customer support, and convenient payment methods are only a few advantages you can get when dealing with the best sports betting websites. 

Our Top Recommended Betting Sites

The popularity of online betting sites is increasing, which makes the player’s choice bigger but more complicated. With the growing number of available betting platforms, selecting trustworthy and reliable ones has become harder. Fortunately, the struggle is real, and we are here to help you. There is no need to browse the web, analyze all the companies that offer sports betting in Iceland, compare their features, and test the most dependable ones. Instead, we have taken all these steps for you so that you can just read multiple reviews and make the decision. 

Pros and Cons of Online Betting

Sports betting is a risky but interesting experience. A lot of punters appreciate a chance to support their favorite soccer or basketball team and share in their victory. At the same time, it is indispensable to remember that responsible gambling is critical for sports betting. Therefore, make sure you are aware of potential advantages and downsides even before you dive into the experience. 

Pros

Cons

How Betting Platforms Operate

No matter if you are new to sports betting or you have some experience, understanding the basics is critical. It may help you save time and money, enhance your winning chances, and contribute to the advantages of the experience. Online betting websites function as digital hubs that provide gamblers with betting options. As you deal with a reputable online betting site, you are likely to relish sports and esports options. Some bookmakers also offer casino games, but such an option is prohibited in Iceland (unless you gamble online). 

The sportsbooks differ in their types, features, and characteristics, but there are multiple aspects they have in common.

Rating & Review Criteria

With the growing number of sports betting companies available online, choosing a reliable and trustworthy one has become a true challenge. Check out the criteria we take into account when analyzing betting services. 

License

A proven legal status of the betting platform is the first factor we consider. It is the guarantee that players will engage in the offered activities safely and anonymously. When dealing with offshore betting platforms, make sure the selected company is licensed by Curacao, Malta, the UK, or other reliable authorities. 

Security

Searching for the best sportsbook, double-check the safety and security measures the company offers. While the betting experience itself is related to certain risks, you do not want to deal with data-protection issues and related outcomes. 

Reputation

The number of sports betting sites is increasing, but not all of them are appreciated by users. We analyze the reviews and testimonials of previous bettors to make sure the platform offers transparent conditions and fair play. Additionally, the online reputation can reveal the truth about available bonuses, payouts, and related aspects.

Customer Support

No matter how experienced you are in sports betting, there might be instances when the assistance of customer support is inevitable. The availability of a helpful team ready to reply 24/7 is a must for an appreciated betting platform. 

Mobile Experience

Desktop betting is convenient, but the availability of the mobile version is also appreciated by gamblers. It gives freedom to place another bet and support their favorite team on the go, and track the process the same way.

Bonuses

Generous welcome offers and special bonuses for loyal gamblers are the exact options we are looking for. Bettors who want to play big should have a chance to enjoy a safe experience with extra promotions. Make sure you read the terms and conditions section carefully before you dive into the online betting experience. 

Payment Methods

Does the service accept the most popular payment methods? Are the available options safe and reliable? These are questions that help us estimate the dependability and overall rating of the sportsbook. 

Withdrawal and Deposit Speed

Convenient and quick payments are indispensable for online sports betting. Quick deposits and rapid withdrawals are critical for our rating.

Live Betting

The availability of live betting matters, as it can diversify the experience and make sports betting much more interesting and engaging. We test each platform to see the availability of such an option, as well as the collection of sports games offered within the feature. 

Odds

The odds the betting site offers are also critical for our choice. We make maximum effort to ensure that gamblers get the value for their bets. Therefore, the reasonable odds rate is a guarantee that the punters enjoy a substantial return in case they can predict the winning outcomes. 

How to Choose The Best Online Betting Sites

With the impressive number of betting sites in Iceland, singling out the best one may take some time and effort. Additionally, it is indispensable to mind Iceland's regulations and the illegal status of the betting sites. While the offshore online solutions are officially in the grey zone, they can be taken advantage of. Follow a few important tips and guidelines to succeed with the choice. 

Mobile vs. Desktop Experience

Dealing with the most reputable and appreciated Iceland betting sites, you will have a chance to relish both desktop and mobile versions of the services. Which one is safer? Which one offers the most convenient solutions? 

There are multiple aspects to mind here. First of all, make sure the platform you have picked offers a mobile version, or a downloadable app for maximum convenience. Secondly, check the solution for the key peculiarities, including the availability of the preferred payment methods, helpful customer support, and others. 

To compare the mobile and desktop betting experience, it is crucial to consider a few critical facts. The desktop version may be more appreciated by the dedicated bettors, who want to view statistics, manage multiple bets, and be aware of any changes or updates, especially when it comes to live betting. Mobile experience, in turn, gives more freedom and convenience, but has visibility and multitasking limitations. 

How to Bet in Iceland Online?

Online sports betting in Iceland is an engaging and interesting activity. Make sure you stick to the principles of responsible gambling so that you avoid devastating outcomes and critical issues. Check out a few steps that will guide you through the first betting experience. 

Emerging Betting Markets

While the popularity of traditional sports keeps increasing, there are multiple other markets that are starting to attract players. It is impossible to deny that the best betting sites in Iceland still dominate; there are multiple alternatives for the tech-savvy bettors and enthusiastic gamblers. 

eSports Betting

If you have ever played Counter-Strike or League of Legends, you know how excited players can be. Understanding the hype over such eSports, the bettors added the options for the dynamic gambling market. Thus, currently, punters can get unlimited access to competitive eSports, betting on the players’ performance, winners, and even maps. 

VR & AR Betting

Virtual and augmented reality betting is a rapidly advancing field that offers an immersive experience for bettors. How impressive can it be? You will not just bet on your favourite players, but will also participate in their performance. Currently, the market is still developing, but it will surely advance to something exclusive. 

Crypto Betting

This is another trend that is gaining unparalleled popularity. Maximum anonymity and safety of the experience, low fees, and quick transactions make crypto betting a preferred experience.

Virtual Sports

With the help of AI and RNG, virtual sports provide bettors with a chance to dive into real-world games in the comfort of their own homes. Available 24/7, these are the options perfect for quick bets with realistic animation. There is no need to wait for the live events, as virtual sports can be a perfect alternative. 

Best Betting Bonuses in Iceland

Do you prefer the desktop version of the website, or are you willing to download the online betting app? The availability of the promising bonuses and attractive discounts is a must anyway. Therefore, Icelandic players should check this aspect before diving into the betting experience. 

The types of available bonuses, as well as their terms and conditions, may vary depending on the selected casino. Check out the most common options offered by betting platforms. 

Welcome Offers

This is the most common bonus that most sportsbooks offer. Once you create the account and make a first deposit, you are likely to get a 100% or 150% match bonus. The size of the promotion may vary, as well as its conditions. However, it will definitely contribute to the safety of the experience. 

Deposit Bonus

While the welcome offers are usually associated with the first deposit, there are exceptional cases when the betting services provide users with a no-deposit promotion. In such cases, there are separate deposit bonuses. They are usually a percentage match or a fixed amount. Check the wagering requirements, which are also important here. 

Free Bets

Best sports betting sites offer free bets as part of a promotion for new and returning bettors. This way, you will not have to risk your own money to start gambling. Start with the solution to familiarize yourself with the betting basics and enhance your winning chances. 

Cashback Offers

Do you keep losing? To encourage the bettors, some platforms offer cashback, which refunds a certain percentage of the losses. 

VIP Offers

Are you ready to make a significant deposit? The high-rollers can participate in the VIP and loyalty programs that offer higher limits, a personal customer support manager, exclusive bonuses, and quicker withdrawals. 

Popular Payment Methods

When betting online or using sports betting apps, the choice of the best payment method is critical. It will help you eliminate safety risks and other critical downsides. Go to the payment section and check the availability of the most common payment solutions before you create an account and start making deposits. 

E-wallets

E-wallets are truly the fastest, simplest, and most commonly used payment solutions for Icelandic bettors. They provide the perfect options for players who do not want to deal with the volatility of cryptocurrency, but care for the safety of the transactions. The diversity of the accepted e-wallets can be impressive, but Neteller, Skrill, ecoPays, PayPal, and similar ones are usually preferred by bettors. 

Cards

Visa, Master Card, and similar options are a perfect match for new bettors who are still afraid of everything new. Reliability and convenience of the solutions keep them relevant in the gambling market. 

 Bank Transfer

Although online betting is not completely legal in Iceland, bettors can still take advantage of bank-based payment methods. Bank transfers usually take time, but are considered to be the safest and most reliable way to make a deposit and withdraw money from the gambling account. 

Cryptocurrencies

Iceland is one of the countries that is actively using cryptocurrency for online gambling. It is undeniably the most anonymous, safe, and beneficial way to deal with financial transactions. Instant processing and zero fees make it stand out. 

Prepaid Options

Such options are perfect for privacy, but there are certain limitations to mind. While most bettors appreciate the anonymity they guarantee, there is no chance to use them for withdrawals, which is a significant downside.

How to Deposit & Withdraw at Online Betting Sites

If you manage to find the best betting sites in Iceland, you will have no issues with the payments. Check out the terms and conditions before you make a deposit and place the first bet. 

How to Deposit

Create your account and verify your identity. Go to the payment section, choose a preferred payment solution, set the amount you want to deposit, and confirm the transaction. In most instances, the money will appear on your account immediately. 

How to Withdraw

The withdrawal process starts with the payment section, as well. Opt for the preferred payment method and choose the sum you want to get. Confirm the transaction and wait for the money to be transferred (which can take up to 7 business days, depending on the method you select). 

FAQ

Which betting site gives a bonus on registration without a deposit?

The diversity of legitimate betting sites is impressive, but finding the ones that offer no-deposit bonuses can be challenging. Check out the most reputable offshore services, like Sky Vegas, Novibet, NetBet Casino, and similar platforms that provide bettors with a chance to start the experience with zero risk. 

How does live betting work?

Live betting is one of the options appreciated by gamblers. It gives a chance to place bets on the event that is in action. All the information is updated in real time, which helps to make better decisions and win more money. Settle a bet before the end of the event and relish lucrative payouts. 

How to make sports bets?

The choice of a dependable betting platform is the first step to success. Then, you need to create an account and make the first deposit. Check out the available payment methods before you select a preferred sport and event. Analyze the bet types and pick the one you want to start with. Enter the stake and confirm the bet. Watch the event and enjoy the outcomes. 

Is it safe to bet online?

All betting sites that are reputable and licensed offer a 100% safe experience. Icelandic players should look for trusted offshore platforms that guarantee the highest level of data protection and transparency of policies. If you manage to make the right choice, you will be able to experience a completely secure experience. 

How to find the best betting website in Iceland?

A number of reliable betting platforms in Iceland is impressive. However, it is still challenging and time-consuming to find one worth trusting. Check out the reviews offered above and compare the platforms you enjoy the most. Pay attention to safety aspects, licensing details, bonuses, live betting features, customer support, payment methods, and other factors that may draw you to the final decision.