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Barry Ollman

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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