🔎 Is it safe to use online betting sites?

Yes, it is safe to sign up with any of our recommended online betting sites. Make sure that the site you use has a license and is regulated.

🔎 What should I look for when betting online?

Look for a betting site with a license from a reputable government agency. Check if it supports your preferred payment method. Also, find out if it offers many sports betting options and markets.

🔎 Is it safe to deposit money into a sportsbook account?

Yes, it is only safe if you deposit at a reputable sportsbook. You can safely make a deposit on any of our recommended online betting sites.

🔎 How can I download a mobile betting app on my phone?

You will often be able to get the app from the official website. Another option will be to download it from the Apple App Store or Google Play. Do not download betting apps from third-party sites.

Best Betting Sites Iceland in 2025

By Victoria Michael | Last update at 1 March, 2025⏲️ Reading time: 28 minutes

Fact checked by Martins Lasmanis

Fact checked by

Martins Lasmanis

With more than 10 years of experience in online marketing, and special focus on the gambling affiliation sector over 5 years, Martin Lasmanis is a true expert in his niche. Today, Martin's vision is to build the largest lead generator company in the world. Fortunately, we have the perfect team to make his dream come true!

Many sites in Iceland offer sports betting opportunities. The gambling industry in the country is growing quickly, and many residents are looking for legitimate sites. For this reason, we’ve compiled a list of the best betting sites in Iceland. Many of these sites offer betting opportunities on football, basketball, tennis, and more. Some of the leading sites even take it a step further, covering some niche competitions, too.

Best Sports Betting Sites in Iceland in 2025

Rank	Bookmaker	Rating	Bonus	Get bonus
1	Ivibet	4.5/5	Bonus: 100% Welcome Bonus up to 22339 ISK	Play Read review
2	Legiano	4.9/5	100% welcome bonus up to €100	Play Read review
3	MegaPari	4.8/5	Bonus: 100% first deposit bonus up to 15070 ISK	Play Read review
4	22Bet	4.5/5	Bonus: 100% welcome bonus up to 18000 ISK	Play Read review
5	1xBet	4.5/5	Bonus: Welcome Bonus up to 16,000 ISK	Play Read review
6	20Bet	4.8/5	Bonus: 100% welcome bonus up to 15070 ISK	Play Read review
7	888Starz	4.8/5	Bonus: 100% welcome bonus up to 150700 ISK	Play Read review

Is Sports Betting Legal in Iceland?

Despite the presence of legislation limiting internet betting in Iceland, regulators lack both the means and incentives to prohibit the operations of international betting companies. That’s great news for Icelandic punters who can choose where to wager. Furthermore, there is no regulation targeting residents who use international bookies; thus, there is absolutely no risk in betting using international platforms.

The Icelandic Penal Code was revised in 2016, with articles 183 and 184 indicating that the only punishable offense is professional betting or gambling or receiving direct or indirect revenue from such activities on one’s premises.

So, as long as online betting is done as a recreational activity, there is no need to fear legal consequences.

Other legal betting formats include lotteries. Only one gambling platform has been awarded a gaming license from the Icelandic Parliament (Alting). That is the Icelandic Lottery University. However, other lottery operators are free to apply to the Ministry of Justice for a license that will enable them to organize lotteries and coordinate bookie activities. In addition, there’s Lenslensk Getspágetraunir, which is involved with lotteries and sports betting.

Top 5 Betting Sites in Iceland

These are the top bookies we recommend for Icelandic sports fans:

#1 Ivibet

Ivibet Bookmaker Main Page(mobile),allbets.tv

Ivibet allows you to wager using Iceland’s local currency, meaning you won’t incur currency exchange costs. The substantial welcome bonus will increase your balance and your bet. Furthermore, the platform covers Icelandic football and handball leagues. The odds are outstanding, plus you get many betting options for the top European football leagues.

#2 Legiano

Legiano Bookmaker Main Page (mobile),allbets.tv

Legiano, a well-known name in the sports betting industry, is great for football fans. It offers a variety of promos and incentives dedicated to those who love the beautiful game. The site is user-friendly and is one of the best options for live streaming.

#3 MegaPari

Megapari Bookmaker Iceland Main Page, allbets.tv

Megapari Bookmaker Iceland Main Page(mobile),allbets.tv

MegaPari, a major betting platform, has some of the best odds for bettors. It offers a diverse range of betting options. The website is easy to use, especially on mobile devices. You also get competitive odds and quick payouts with MegaPari. The platform features substantial bonuses and promotions. MegaPari’s sports betting portfolio is impressive and covers popular sports like football and basketball extensively. It also provides football tips for punters.

#4 22Bet

22Bet’s website is easy to use for bettors in Iceland, and the mobile app is functional and convenient. There’s a welcome bonus and many other promotions for football fans. 22Bet also offers a wide range of betting markets, including features like the Bet Builder and cashouts.

#5 1xBet

1xBet Bookmaker Main Page (mobile), allbets.tv

This is one of the top betting platforms for sports fans. The sportsbook was founded in 2007, and the website has many promotional offers for new and existing users. 1xBet also boasts excellent customer service. The bookmaker has become popular because of the wide range of betting markets it covers. It also offers speedy deposit and withdrawal options.

Comparison of the Best Online Bookmakers in Iceland

Here we are going to compare some of the unique offers you will find at the best betting sites in Iceland.

No. of Sports	Welcome Bonus	Live Betting	Mobile App	Minimum Deposit	Minimum Withdrawal
30+	100% up to 21,765 ISK	Yes	Yes	2,902 ISK	2,902 ISK
30+	100% up to 14,510 ISK	Yes	No	2,902 ISK	2,902 ISK
45+	Bonus up to 30,400 ISK	Yes	Yes	145 ISK	217 ISK
25+	100% up to 18,000 ISK	Yes	Yes	150 ISK	208 ISK
30+	Bonus up to 16,000 ISK	Yes	Yes	145 ISK	145 ISK

How We Review Betting Sites in Iceland?

There are some things we consider before making our selections. Essentially, we compare the features of each bookmaker and consider the safety of their platforms. So, here are the criteria on which we base our assessments:

1
Betting Markets and Odds
Bookies determine odds across each betting market. They do so based on the likely outcome and most desired profit margin. The Odds show your potential payout if you win. Betting sites have varying odds depending on the sport, event, and market. They are often displayed in decimal format, so it’s easy to calculate your potential payout. The odds can change at any time, even during an event. The changes can happen due to various factors. For instance, they can change because of the weather, player injuries, or even the number of people placing wagers on the event.
2
Security and Trustworthiness
Trustworthy sports betting websites have a strong reputation. They are open about their activities and prioritize user protection and privacy. They hold valid licenses and are regulated by recognized bodies.
They put effort into maintaining security by investing in the latest technology. These sites have trusted encryption to keep hackers out. They are also dependable and have stellar reputations.
3
Bonuses and Promotions
Many bookies offer incentives to stay one step ahead of the competition. The market is flooded with providers, and bonuses are one way to attract customers. The best bookmakers in the business will offer highly attractive bonuses for Icelandic bettors. Some will give them a percentage of their original deposit as a match bonus. Others give out free bets or other rewards. Additionally, some bonuses may come in the form of boosted odds on specific events or markets.
4
Mobile Sport Betting Apps
Another to consider is that many sportsbooks launching mobile apps. The reason for this is that most people spend more time on their phones than on their computers. So, they are compelled to create mobile-friendly platforms that allow customers to make bets from wherever they are. This way, they can always access their accounts from their smartphones and tablets. Most bookies have apps for iOS and Android devices. They make them available on their website or through the App Store or Google Play Store.
5
Payment Methods
As betting involves real money, payments are also an important consideration. Most bettors are looking for bookies that support Iceland’s currency. So, we picked sites that support payment options that are popular in the country. It is an added advantage if the site accepts electronic wallets and cryptocurrencies. The top betting platforms will also process deposits and withdrawals quickly.
6
Customer Support
We selected sites that provide quality customer service: teams should be quick and responsive. Also, we picked the sites that provide accurate information and are always available. Users should be able to contact support teams across several channels, including live chat and email support. A detailed FAQ section can also be a great asset.

Best New Betting Sites in Iceland in March 2025

These are some of the newest sites that now offer their service in Iceland:

🎉 Legiano: Although Legiano is quite new to Iceland, it offers many sports options. It currently lists over 20 different disciplines on its website, so you will find thousands of events to bet on. The platform is user-friendly.
📲 Ivibet: This site is also very new, but it already has a fantastic selection of betting opportunities with good odds. The best part of their platform is the live section, and the site is very modern and easily accessible on phones and tablets.
🏅 888Starz: This platform is great for major sporting leagues. It features many of the top international competitions. It’s also great for live betting and streaming.
⚽ Boomerang: This site has many attractive offers for bettors. Icelandic bettors benefit from cashback and many other incentives. The platform features many games, and the odds are impressive.
🌟 20Bet: As another relatively new platform, 20Bet provides many betting options and markets. It also has impressive features that make it especially easy to use.

These new betting sites are making great strides on the market, offering top-notch customer service and innovative features for bettors.

Bonuses You May Get at Icelandic Betting Sites

The top bookies provide excellent bonuses that can increase your winnings. There are many types of incentives you will find in Iceland’s sportsbooks. Some of them include:

Deposit Bonuses: Deposit bonuses are usually designed for new customers. They are provided after they register and make their first deposit. The bonus amount is often a percentage of the deposit they make.
Welcome Offers: Bettors can take advantage of a welcome bonus when they register. This can be in the form of a deposit bonus. The bettor must generally top up with a minimum amount to qualify. After that, the bonus will be added to their account.
Free bets: Some operators will give free bets to their customers, which they can use to place a wager without risking any of their own money. This is rare, but it is one of the most attractive bonuses.
Cashback: With a cashback bonus, the bookie returns part of the customer’s deposit. It’s a reward that usually appears on the promotional pages of a platform. This offer can also be used as part of a customer loyalty program.
VIP Offers: These promotions are given to regular platform clients. People who bet constantly will accumulate points. Then, they can redeem them to get different rewards, such as free bets and cashback.

There are several different rewards you can get you sign up with the best sportsbooks. Below is a summary of the bonuses you will receive when you join the top betting sites:

Bonus offer	Advantages	Find Out More
100% up to 21,765 ISK	• Wide range of sports • Excellent interface	Get Bonus
100% up to 14,510 ISK	• User-friendly platform • Functional apps for iOS/ Android	Get Bonus
Bonus up to 30,400 ISK	• Convenient payment options • Competitive odds	Get Bonus
100% up to 18,000 ISK	• Covers local sports • Safe and secure platform	Get Bonus
Bonus up to 16,000 ISK	• Excellent customer service • Impressive markets	Get Bonus

Best Payment Methods on Icelandic Betting Sites

Icelandic gamblers can use various payment platforms to fund their accounts. Many bookies accept online payments like eWallets, cryptocurrencies, credit/debit cards, and bank transfers. It is important that you use a betting site that accepts your preferred payment method. This way, it will be very easy for you to deposit funds and withdraw your winnings.

Credit and Debit Cards
eWallets
Cryptocurrency

eWallets are the most common choice for Icelandic bettors. They are faster, more secure, and easier to use than debit cards. They also afford you privacy if you don’t want your gambling record on your bank statement. Make sure that the bookie you use supports Iceland’s local currency, ISK, to avoid paying conversion rates.

Here’s some information you should be aware of about the various payment providers:

Type	Deposit Limits	Deposit/Withdrawal	Payment Fee
Card	1,500 ISK – 1,000,000 ISK	✅/❌	No fees
Card	1,500 ISK – 1,000,000 ISK	✅/❌	No fees
eWallet	1,500 ISK – 900,000 ISK	✅/✅	Yes
eWallet	1,500 ISK – 1,200,000 ISK	✅/✅	Yes
eWallet	1,500 ISK – 800,000 ISK	✅/✅	Yes
Crypro	1,500 ISK – 800,000 ISK	✅/✅	Yes

How to Place a Bet at an Iceland Sportsbook?

Ivibet Bookmaker Place Bets(mobile),allbets.tv

After creating a new sportsbook account, you may be asked to complete a verification process. The bookie will ask you to upload your identity documents. They will need to see a scan of your ID card or your passport. Additionally, they may ask to see a utility bill to confirm your address. You can opt to provide a bank statement if that’s more convenient for you. Usually, it will take a couple of days for them to fully verify your account. After verification, you will have full, unrestricted access to the betting platform.

If your account is unverified, you may be able to place bets but not withdraw your money. Here’s how you can place your very first bet on any betting site:

Betting Site Features

When you visit a betting site, you will notice that they have many features. The best sites do everything in their power to make your experience straightforward and pleasurable. For instance, some have betting apps that you can install, while others create mobile-optimized versions of their websites. Some allow you to choose how you want your odds displayed.

Here are some of the features that make the best betting sites in Iceland:

Live Streaming	Cashout	Live Score	Fast Bet	Virtual Sports
✔️	✔️	✔️	✔️	✔️
✔️	✔️	✔️	✔️	✔️
✔️	✔️	✔️	✔️	✔️
✔️	✔️	✔️	✔️	✔️
✔️	✔️	✔️	✔️	✔️

How Popular Is Mobile Betting in Iceland?

Mobile betting is very popular in Iceland. In fact, a recent report showed that approximately 75% of gamblers placed bets using mobile devices. 40% of bettors in the country use iPhones to wager, 35% use Android devices, while the remaining 25% stick with their computers. Because the majority of the country’s population uses smartphones to bet, many bookmakers create dedicated apps for Android and iOS. These applications make the mobile experience even smoother.

Bettors who want to use an iOS application must go to the App Store and download it from there. Unfortunately, Android users may not always have the luxury of downloading from the Play Store, so most brands include an apk file for download on their websites.

Although applications are popular, some sportsbooks only offer mobile versions of their websites.

Best Betting Apps

When selecting a sports betting app in Iceland, you should examine the user interface, accessible features, payment choices, and overall credibility and trustworthiness. After reviewing the applications available on the market using these criteria, we compiled a list of the best ones:

#1 1xBet App

The 1xBet app offers gamblers a comprehensive sports betting experience, with a variety of sports and markets to choose from. You may also play casino slots and lottery games here. You can browse, search for future events, and place bets directly from your cellphone.

Rank	Bookmaker	Rating	Bonus	Get bonus
1	1xBet	4.5/5	Welcome Bonus up to 16,000 ISK	Play Read review

1xBet App Bonus	How to Download?	Available on	Deposit Methods
Welcome bonus up to 16,000 ISK	Official website/ Apple App Store	Android + iOS	Cards, eWallets, bank transfers, prepaid cards.

#2 22Bet App

The app has a user-friendly layout with easy navigation and clear labeling of all accessible functions and marketplaces. Furthermore, it contains a variety of helpful features, such as live streaming of local and international events, live in-play betting, and the opportunity to personalize notifications and alerts for certain sports and markets.

Rank	Bookmaker	Rating	Bonus	Get bonus
1	22Bet	4.5/5	100% welcome bonus up to 18000 ISK	Play Read review

22Bet App Bonus	How to Download?	Available on	Deposit Methods
100% up to 18,000 ISK	Official website/ Apple App Store	iOS + Android	Cards, eWallets, bank transfers, prepaid cards.

#3 IviBet App

This app provides top-notch bonuses. Furthermore, it boasts speedy payout services and exclusive features. It has a virtual sports section where users may gamble on simulated events, such as virtual horse racing, football, and basketball.

Rank	Bookmaker	Rating	Bonus	Get bonus
1	Ivibet	4.5/5	100% Welcome Bonus up to 22339 ISK	Play Read review

Ivibet App Bonus	How to Download?	Available on	Deposit Methods
100% up to 21,765 ISK	Official website	Android	Cards, eWallets, bank transfers, prepaid cards.

Don’t Overspend
It’s easy to lose track of time and money when betting. As such, try to limit yourself. It is better to set a budget before you gamble. If you prefer, you can set up a limit on how much you can spend on the betting site.
View Game Stats
Before the event kicks off, make sure to do some research. Find out which teams are leading in the tournament. This will help you understand which is the strongest team and which is the underdog.
Take Advantage of Bonuses
Use sportsbook bonuses to increase your potential winnings. You can take advantage of them to bet on your favorite sports.
Bet on Live Sports
It may be better to bet on live games because you will have a better idea of what is happening. You can change your mind if your prediction looks like it was wrong and potentially get back part of what you staked. You can also place wagers when you recognize a potentially lucrative opportunity during the game.
Check the Team’s Morale
Try to understand their morale by checking their recent performance. A team that won their last few games will be motivated to maintain their winning streak.

Sports Betting in Iceland: A Quick Summary

Now you know all about the best betting sites in Iceland, we hope this has helped you make your choice! Remember to sign up only with licensed bookies and always bet responsibly. Avoid overspending and never gamble with funds that you will need for life’s essentials.

Here’s a quick summary of what sports betting is like in Iceland.

Responsible Gambling

The best betting sites usually have measures in place to deter unsafe gambling habits. They monitor accounts, and when they notice any signs of addiction, they will lock them. However, members also have the option of restricting themselves.

One thing to note is that gambling is never permitted for minors. In almost all jurisdictions, only those aged 18 and over may participate. If an account violates this policy, it will immediately be suspended.

Bettors should always gamble safety. If you ever feel you are becoming addicted, you should take precautions. You have the following options:

Self-Exclusion
Setting Limits
Check Betting History

Bettors can also seek support through organizations like:

EGBA
Islandsspil
Responsible Gambling Council

There are many ways that betting operators control gambling activities. Generally, they will verify your account to be sure you’re not underage. They do this by requesting scans of your identity documents.

If you know you’re struggling with addiction, seek help. There are many resources and communities that can provide support. Remember to always bet responsibly, as gambling always comes with the risk of losing money. Make sure you spend funds you can afford to lose. Do not spend money that you have set aside for other things.

FAQ. Frequently Asked Questions

Yes, it is safe to sign up with any of our recommended online betting sites. Make sure that the site you use has a license and is regulated.
Look for a betting site with a license from a reputable government agency. Check if it supports your preferred payment method. Also, find out if it offers many sports betting options and markets.
Yes, it is only safe if you deposit at a reputable sportsbook. You can safely make a deposit on any of our recommended online betting sites.
You will often be able to get the app from the official website. Another option will be to download it from the Apple App Store or Google Play. Do not download betting apps from third-party sites.

🇮🇸 Country	Iceland
🌏 Language	Icelandic
🪙 Currency	Icelandic Króna (ISK)
⚽ Popular Sports	Football, Golf, and Handball
⚖️ Is Betting Legal?	No
🏦 Regulator	The Icelandic Financial Services Authority
📜 Gambling Taxes	18%
💳 Most Popular Payment Methods	Visa, Mastercard, Maestro, Applepay, and PayPal

🌐 Official Website	ivibet.com
🎁 Welcome Bonus	100% up to 21,765 ISK
⚽️ Sports	30+
💳 Payment Methods	Visa, Mastercard, Maestro, Interac, Paysafecard, Skrill, Neteller, Bitcoin, Wireless Transfer
➡️ Minimum Deposit	2,902 ISK
⬅️ Minimum Withdrawal	2,902 ISK

🌐 Official Website	legiano.com
🎁 Welcome Bonus	100% up to 14,510 ISK
⚽ Sports	30+
💳 Payment Methods	PayPal, Skrill, Neteller, Payz, Paysafe
➡️ Minimum Deposit	2,902 ISK
⬅️ Minimum Withdrawal	2,902 ISK

🌐 Official Website	megapari.com
🎁 Welcome Bonus	Bonus up to 30,400 ISK
⚽️ Sports	45+
💳 Payment Methods	Visa, Mastercard, eWallets, Bank Transfer
➡️ Minimum Deposit	145 ISK
⬅️ Minimum Withdrawal	217 ISK

🌐 Official Website	22bet.com
🎁 Welcome Bonus	100% up to 18,000 ISK
⚽ Sports	25+
💳 Payment Methods	Mastercard, Maestro, Visa, eWallets, Bank Wire, PayPal, Check
▶️ Minimum Deposit	150 ISK
◀️ Minimum Withdrawal	208 ISK

Best Betting Sites Iceland in 2025

Best Sports Betting Sites in Iceland in 2025

What You Will Find in This Article?

Best Betting Sites in Iceland by Category

Is Sports Betting Legal in Iceland?

Top 5 Betting Sites in Iceland

#1 Ivibet

#2 Legiano

#3 MegaPari

#4 22Bet

#5 1xBet

Comparison of the Best Online Bookmakers in Iceland

How We Review Betting Sites in Iceland?

Betting Markets and Odds

Security and Trustworthiness

Bonuses and Promotions

Mobile Sport Betting Apps

Payment Methods

Customer Support