The nation of Iceland sits in the north Atlantic between Great Britain and Greenland. Its natural beauty is highlighted by geysers, glaciers, active volcanoes, and spectacular waterfalls.
It also provides a front row seat for viewing Aurora Borealis. One thing that you won’t find dotting the landscape is casinos.
Most forms of gambling, including casino gambling and poker, are illegal and virtually non-existent in this sparsely populated country of just over 330,000 inhabitants.
Residents are relegated to lotteries, a few slot machines, bingo, and a narrow selection of sports wagering.
With the exception of the lottery, these activities are not offered on a large scale mainly due to the fact that operators must hand over all profits to charity.
So, if you wanted to be a legal bookmaker you would need to run it as a non-profit enterprise.
The ban on betting extends to internet gambling. There are no online bookmakers in Iceland but the government has been very lenient when it comes to Icelandic sports betting fans who want to lay wagers with online betting companies.
The authorities do not block foreign betting websites nor do they prosecute those who place bets with them. In essence, Icelandic sports betting is alive and well and there doesn’t appear to be any changes in the works.
Top 10 Betting Sites for Iceland
What are the Best Sports Betting Sites and Bookmakers for Iceland?
With the Icelandic authorities virtually giving online bookmaking activities their blessing, Icelandic punters are looking for the world’s best internet bookmakers to place their action with. Punters have no shortage of options with most of the top-rated bookmakers accepting their bets.
Bet at Home, 10Bet, Nordicbet, and Betsafe are trusted by Icelandic sports bettors just as they are trusted worldwide. Seasoned punters know that internet bookmakers such as Bets10, Betway, and Doxxbet can also be relied on to give customers competitive odds, player protection, and the latest customer loyalty options.
What are the Most Popular Sports in Iceland?
For a relatively small population, Iceland is a huge supporter of sports. Naturally, winter sports are very popular here. Skiing, bobsledding, snowboarding, and ice climbing have a solid following while track and field, basketball, wrestling, and aquatics appeal to many. It should go without saying that soccer gets a lot of attention too.
Is Online Sports Betting Legal in Iceland?
Icelanders are allowed some opportunities for sports wagering and online gambling is one of them. However, because bookmakers need to be run as a non-profit enterprise, there are none operating here. This leaves punters with only one other option and that is to seek out foreign operated internet bookies.
While these foreign operators are not licensed in Iceland, the government makes no attempt at stopping them from accessing the Icelandic gambling market. Sites are not blocked and punters are not punished.
Are there any Sports Betting Bonuses and Free Bets for Icelandic Players?
Even though the Icelandic betting market is small, online bookmakers fight just as hard here as they do anywhere else to lure and retain customers. This bodes well for Icelandic punters who like receiving bonuses from the world’s best online bookmakers.
18Bet is an industry leader and they are giving away €50 worth of free plays as are 12Bet and BestBetToday. Up to €500 freebies at Top Bet. You are an instant winner with MyBookie’s free $1,000 bets and SLBets‘ 100 EUR in free bet bonuses will make your day.
Everyone loves cash and many of the best bookmakers on the planet are throwing stacks of it right at you. Netbet will give Icelandic sports gamblers €50 in bonus cash.
With so many free bets and other bonuses available, Icelandic punters should check out Gambling Judge’s sportsbook promotions. These valuable bonuses are easy to claim and simple to use. Just be sure to read the terms and conditions that apply to each one.