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Although it is illegal to bet online in Iceland, the government does nothing to prevent citizens from placing bets at international sports betting sites. Players are not prosecuted due to a 2024 EU Court of Justice ruling, meaning you are free to bet on your favourite sports.

Parimutuel bet types

1
Win: to succeed the bettor must pick the horse that wins the race.
2
Place: the bettor must pick a horse that finishes either first or second.
3
Show: the bettor must pick a horse that finishes first, second or third.
4
Across the board: the bettor places three separate bets to win, place or show.
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    Sportingbet is a British online gambling operator, owned by Entain plc. The company was listed on the London Stock Exchange and was a constituent of the FTSE SmallCap Index prior to its acquisition by GVC holdings.
    Mark Blandford
    Sportingbet Founder. Mark Blandford, a British entrepreneur, is the originator of Sportingbet. He established Sportingbet in 1998. It was one of the first online gambling companies to offer sports wagering, and it quickly grew to become a major player in the industry.
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