Betting Bonuses in Iceland

Bonuses enhance Icelanders' betting experience, allowing for more engagement and a greater adventure. These bonuses, including free bets, enhanced odds and other offers, boost bets and potentially increase winnings. If you want to get your hands on Iceland's most enticing promotions, keep reading. This article explores Iceland's betting bonuses, highlighting the best offers and where to find them.

Bookmakers with Best Bonus Offers

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
100% Welcome Bonus up to 22339 ISK
PlayRead review
2
4.8/5
100% first deposit bonus up to 15070 ISK
PlayRead review
3
4.5/5
100% welcome bonus up to 18000 ISK
PlayRead review
4
4.5/5
Welcome Bonus up to 100 EUR
PlayRead review
5
4.8/5
100% welcome bonus up to 15070 ISK
PlayRead review
6
4.8/5
100% welcome bonus up to 150700 ISK
PlayRead review

What to Look for in a Bonus as a Sports Bettor in Iceland

Iceland is home to some of the most careful and responsible bettors, clearly indicating their preference for bonuses. Here are several aspects that can satisfy the Icelandic appetite for attractive bonuses:

  • Validity Period: Pay attention to the bonus expiration date. The best bonuses provide ample time for you to meet wagering conditions without rushing your betting strategy.
  • Market Restrictions: Assess whether the bonus applies to a broad range of sports and events or is limited to specific markets. Versatile bonuses offer more freedom in betting choices.
  • Betting requirements: Look closely at the bettingconditions attached to bonuses. Optimal bonuses have lower wagering requirements, making it easier to cash out winnings.
  • Maximum Cashout: Finally, check if there is a cap on earnings derived from bonus funds. Bonuses with higher or no maximum cashout limits are more lucrative, allowing you to keep more of your winnings.

Activating Betting Bonuses in Four Simple Steps

If you already have your eyes on an accumulator bonus, first deposit bonus, free bets bonus, etc., but you don’t know how to activate it, here is how you can do it in four simple steps:

  • Sign Up on a Bookmaker:
    step 1

    Log on to a trustworthy bookmaker with attractive bonuses. Fill out their registration form and create an account. Enter usual credentials like name, birth year, email, contact, etc. You may also have to create a unique username and set a strong password.

  • Verify Your Account
    step 2

    The next step is verifying your account. Attach the needed identification documents, such as photo ID, address proof, and identity cards, as asked for account verification. This step will secure your sportsbook account in the long run.

  • Make a deposit:
    step 3

    Once your account has been verified, proceed to make a deposit. Select a convenient payment method. Be sure to check if your selected method qualifies for the bonus, as some bonuses may have specific requirements.

  • Activate the Bonus
    step 4

    Once you become eligible for the bonus, it will be activated. You may have to enter bonus codes or just go to the promotions page. Ensure that you read the bonus's validity.

Best Types of Sports Betting Bonuses

There are different types of bonuses, each with its own benefits, and some are tailored to your needs. See below the different bonus types you can find at bookmakers in Iceland:

Bonus

Bookmakers

💰 Free bet

Ivibet

💸 Cashback Offer

20bet

🔣 Reload Bonus

22bet

⚽ Football betting bonus

Megapari

🎁 No Deposit Bonus

1xbet

👑 Promo codes

20bet

 

Best Kinds of Bonus for Different Types of Betting Personalities

Not all bettors in Iceland are the same. For every type of betting personality, there are specific bonuses that align well. Betting bonuses in Reykjavik are just a tap away once you identify the one that suits you best. Find here new bookies bonuses matched to your personality:

Betting Personality

Type of Bonus

Conditions

Where to Claim

The Fan

Matched deposit bonus

Get 100% up to 10,000 ISK with a 5x wagering requirement

1xbet casino

The Casual Bettor

Free Bet

Bet 1,000 ISK, get 1,000 ISK free bet

22bet betting online

The Sharp Bettor

VIP Program

Exclusive bonuses and rewards on high stakes, invitation-only

20bet

The Researcher

Accumulator bonus

Place accumulator bets, get up to 50,000 ISK

ivibet logo

The High Roller

High roller bonuses

Get 50% up to 100,000 ISK on a 10X wagering requirement

Megapari betting online

Top 5 bookmakers with the best bonus offers in Iceland

To simplify your selection process, here is a comprehensive list of the top 5 betting sites bonuses available in Iceland!

Ivibet

ivibet live betting

Ivibet is a top online betting site known for its awesome 100% welcome deal of up to 22,339 ISK. The offer doubles new members' first deposit, giving a big boost to their bets. Besides the bonus, you can access multiple betting options, from football to less popular markets, when joining the platform.

Bonus specifications

Bonus requirements

Minimum deposit

Available deposit methods

Processing time of the offer

100% bonus up to 22,339 ISK

The bonus needs to be rolled over 40x

200 ISK

VISA, Mastercard, Skrill, Neteller, Bank wire transfer

Instant

Pluses
  • Generous welcome offer
  • A wide variety of sports and betting markets are involved
  • Wide range of deposit methods
Minuses
  • High wagering requirement

 

 

Megapari

Megapari betting online

Megapari holds one of the greatest welcome bonuses to boost your overall experience with a 100% bonus of up to 15,450 ISK on the first deposit. Additionally, you can enjoy various promotions like enhanced odds bets, virtual sports bonuses, deposit bonuses and a huge selection of sports, from football to tennis and eSports.

Bonus specifications

Bonus requirements

Minimum deposit

Available deposit methods

Processing time of the offer

100% up to 15,450 ISK

35x wagering within 7 days

154 ISK

VISA, Mastercard, Skrill, Neteller, Bank wire, Payz

Instant

Pluses
  • Offers a comprehensive range of betting markets.
  • Attractive bonuses and promotions for new and existing users.
  • Supports various payment methods, including cryptocurrencies.
  • Live-streaming feature for select sports events.
  • User-friendly interface with easy navigation.
Minuses
  • Limited presence and recognition in the Ghanaian market compared to other bookies.
  • Customer service can be enhanced for a better user experience.

 

 

1xBet

1xbet review

With a 100% welcome bonus of up to 16,000 ISK, 1xbet offers new users the chance to begin their betting journey on the right foot. Additionally, with its extensive collection of promotions for loyal customers, including a VIP bonus and tennis bonus, the bookie stands as one of the best options for bettors in Iceland.

Bonus specifications

Bonus requirements

Minimum deposit

Available deposit methods

Processing time of the offer

100% up to 16,000 ISK

Complete user profile and verify identity

1 ISK

Credit and Debit cards, VISA, Mastercard, Maestro, Cryptocurrency

Instant

Pluses
  • Extensive sportsbook with various sports and events.
  • Offers high odds, especially for football matches.
  • Provides a range of promotions and bonuses for Ghanaian bettors.
  • Supports multiple payment methods, including mobile money.
  • User-friendly website and mobile app for on-the-go betting.
Minuses
  • Complex website design can be overwhelming for new users.
  • Customer service response can sometimes be slow.

 

 

22Bet

22bet casino

22bet greets new players with a 100% welcome offer of up to 18,000 ISK for a strong start.  This welcome bonus can be used in different markets, including important football, tennis and basketball tournaments, matches and events.

Bonus specifications

Bonus requirements

Minimum deposit

Available deposit methods

Processing time of the offer

Welcome bonus of 100% up to 18,000 ISK

5x wagering requirement on accumulator bets with three selections at least and 1.40 odds

150 ISK

Debit cards (VISA/ Mastercard), Skrill, Jeton, Sticpay

Instant

Pluses
  • There is a wide range of sports and events to bet on.
  • Competitive odds that appeal to seasoned bettors.
  • Multiple deposit and withdrawal options are suitable for Ghanaians.
  • Regular promotions and bonuses tailored for the Ghanaian market.
  • Efficient mobile app for betting anytime, anywhere.
Minuses
  • Customer support can be improved in terms of response time.
  • Some users might find the verification process tedious.

 

 

20Bet

20bet

20bet boosts the betting experience with a generous welcome offer, giving new users a 100% bonus on their initial deposit. The platform also offers money-back bonuses appealing to simulated sports fans. Alongside these bonuses, 20bet provides incredible betting features, such as diverse sports markets and live betting.

Bonus specifications

Bonus requirements

Minimum deposit

Available deposit methods

Processing time of the offer

100% up to 16,000 ISK

Complete user profile and verify identity

1 ISK

Credit and Debit cards, VISA, Mastercard, Maestro, Cryptocurrency

Instant

Pluses
  • A wide variety of sportsbooks;
  • An interface that is both modern and immersive;
  • New casino bonuses are updated regularly.
Minuses
  • High wagering requirements.

 

 

Pros and Cons of Betting Bonuses

Betting bonuses present several advantages for Icelandic bettors. Primarily, the best bookie offers enhance the overall betting experience by providing additional funds or opportunities to bet without risking your own money. Live betting bonuses, for example, allow players to engage more dynamically with ongoing matches, offering a chance to capitalize on the evolving odds as the game progresses. Bonuses not only enhance the excitement of betting but also can significantly increase the potential winnings without increasing the risk.

However, bonuses can also have drawbacks, such as strict wagering requirements and limited market applicability, which can potentially offset financial gains. Bettors need to carefully assess whether these bonuses fit their betting strategies and preferences.

 

Sports Betting Bonuses Vs. Casino Bonuses

Sports betting bonuses and casino bonuses serve as incentives to engage players, yet they fundamentally differ in their application and structure. Let’s take a look:

Criteria

Sports Betting Websites

Sports Betting Apps

Accessibility

Websites can be accessed on any device with a web browser

Apps require downloading and are specific to mobile devices

User Experience

Websites may offer a broader view but can be less streamlined on mobile devices.

Apps often provide a smoother and more intuitive user experience tailored for mobile use

Notifications

A feature not available through a website unless using browser notifications

Apps can send push notifications for updates and offers directly to your device

Internet Speed

Websites require a stable and faster internet connection for optimal performance

Apps generally perform better with slow internet connections since they store some data locally

Updates

Website improvements are automatic and require no action from the user

Apps require regular updates from the app store for new features and security

Features

You get the standard feature set

Some advanced features like live streaming or in-app betting tools might be better integrated or exclusively available on apps

FAQ. Frequently Asked Questions
Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
5/5
1 vote
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