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Cyprus Betting Sites – Best Online Bookmakers in Cyprus [2024]

Sports wagering in Cyprus has been legal for many years and there are lots of betting companies in Cyprus. Punters have been allowed to go to any of the many legal land-based bookmakers in Cyprus to place their action on a wide variety of sporting events.

Bet companies offer both online and “offline” online betting Cyprus activities. In other words, Cyprus best bets can be placed on physical betting booths or a betting website, similar to Greece bookmakers: it is your choice. The Cyprus Betting Law was passed in 2012 and it made provisions for the licensing and regulating of both brick and mortar Cyprus betting booths and online sports betting sites. This is the law that made all kinds of bookmakers by country (and online betting shops) legal.

Summary of the article

Top 10 Betting Sites for Cyprus in 21 November 2024 – Updated List

Rank
Bookmaker
Bonus
Safe & Trusted
Rating
Get Started
1

Stake Sports

Exclusive 10% Rakeback
Yes
Rating 9.99 out of 10
See moreGet bonus
2

Goldenbet Sports

100% up to 500 €/$/£
Yes
Rating 9.95 out of 10
See moreGet bonus
3

Bzeebet

Welcome Package 100% Up to 100EUR
Yes
Rating 9.12 out of 10
See moreGet bonus
4

Cryptoleo

FREBET Up to 50 USDT/EUR
Yes
Rating 8.89 out of 10
See moreGet bonus
5

Betway

Up to $/€ 30 in Free Bets
Yes
Rating 8.63 out of 10
See moreGet bonus
6

FreshBet Sports

100% up to 500 $/€/£
Yes
Rating 8.37 out of 10
See moreGet bonus
7

Fairspin

Welcome package: 200 TFS + up to 450% + 140 free spins
Yes
Rating 8.23 out of 10
See moreGet bonus
8

MyStake Sports

100% up to €500
Yes
Rating 8.12 out of 10
See moreGet bonus
9

Sportsbet.Io Sportsbook

N/A
Yes
Rating 7.51 out of 10
See moreGet bonus
10

Cloudbet

100% up to 5 BTC
Yes
Rating 7.31 out of 10
See moreGet bonus

The Legal Limits of Bet Online in Cyprus

Cyprus betting sites operate legally but the online casinos remain illegal. This is the “weird” part of the current system: Cyprus football betting, for example, is perfectly legal but you cannot play a slot machine or a poker game. Cyprus betting companies and their mobile betting sites are legal, but online casino operators are not. Nevertheless, the fact that online betting companies being legal helps to boost the popularity of Cyprus betting on this Mediterranean island.

Because the northern part of the island has been under Turkish occupation for several decades (see also Turkish betting sites), the Cypriot gambling laws are ignored there. Sports betting companies were also legal in the Turkish part of the island for a short while, and they still are, but the government in there does not issue new bookmakers Cyprus licenses anymore. We can say that the top betting companies (and the best bookmakers) are located in the southern part of the island.

Online Betting Cyprus Has Two “Sides”

In other words, bet Cyprus activities are not the same on the entire island. Gambling in Cyprus is perfectly and completely legal in the Turkish part, but in the southern part, only betting Cyprus activities are allowed. One thing is common: betting sites in Cyprus are legal on both sides and the answer to the “can I use bet365 in Cyprus” question is yes everywhere on the island. No matter which side you are on, you can place Cyprus best bets both online and offline.

In the Republic-controlled portion, betting laws are strictly enforced. There are numerous documented cases of Cypriot authorities conducting sting operations and arresting multiple participants. With so many options for Cypriot punters to bet, there is really no reason for them to participate in illegal betting anymore, unlike bettors from Poland betting sites where gambling is highly regulated. There are already lots of Cyprus betting sites that operate legally and it is easy to find betting sites in Cyprus nowadays. You don’t need to go abroad to find the best betting company. In this country offshore companies are, maybe the best, you can find out more from our 2024 update guide about the top 5 offshore sportsbooks.

Let Us Help You with Cyprus Betting and Gaming

As always, we are here to ease your job. We will show you the best bets sites for all kinds of online betting in Cyprus. Then, we will continue with a list of the top bookmakers on this island. Below, you can see our picks for all kinds of betting activities, including e-sports betting and live betting Cyprus.

If you are looking for the best betting sites offers, you can pick any of these websites – they have the best bonuses you can find. Don’t forget to take a look at our Cyprus betting tips section too. Good luck!

History of Cyprus Gambling

If we had prepared a gambling sites by country list, we would have divided Cyprus into two periods, before and after the EU. Until 2012, there were many Cyprus betting sites in the country, but none of them were legal. At that time, there was no real regulation on gambling in the country and it was enough to open a company. No one questioned what kind of service this company would offer. In other words, unlike European betting sites, you did not have to declare that your company would engage in gambling activities.

After Cyprus was admitted to the EU, it had to make legal arrangements on many issues and legal gambling & betting were one of them. The law, which came into force in 2012, regulated legal betting sites and determined the license conditions. In this regard, the National Betting Authority was established and created commissions to regulate everything related to gambling in the country.

As we will detail below, gambling is currently legal in the country and Cyprus betting sites can continue their activities in a licensed manner. In fact, the country plans to offer a kind of mixed license by working together with Greece on this issue. Cypriot punters can play either at sites in the country or at any multi-currency betting sites that have Euro options. In other words, there is no restriction for international betting sites.

What are the Best Sports Betting Sites and Bookmakers for Cyprus?

Cypriot sports bettors have a pretty good selection when it comes to bookmakers to choose from. They can legally place bets at any of the land-based betting Cyprus booths and they can also legally wager at online Cyprus betting sites. Some of the most recognized brands in bookmakers accept bets from Cypriot punters.

888 Sport Cyprus offer their customers a wide range of betting markets and the latest options like text/SMS betting in-play wagering, and live streaming. With SMS betting you fund your gambling account just with your phone number and literally later with your phone bill. At Boku betting sites you can make this kind of deposit through Boku mobile payments.

Novibet CY along with popular UK bookmakers like Fortune Jack, and Betfair are just a few of the other highly rated bookmakers that are trusted to deliver excellent bet Cyprus services and competitive odds margins on a variety of sports wagering markets. However, William Hill Cyprus website is still not available, if you are looking for this particular operator.

Until William Hill starts to accept players from Cyprus, you can keep using Betfair Cyprus, bet365, Tornado Bet, and ZigZag777. They are also popular and respected bet Cyprus sportsbooks that Cypriot punters confidently use. They also offer the most competitive Cyprus football odds, if you are interested in these sports.

Basically, you have a lot of options for Cyprus of sports betting companies and we are ready to give you lots of Cyprus betting tips that will ease your job.

In this regard, we think that the following operators are the best Cyprus betting sites as of 2023:

  • Stake: Stake Sports is a good choice of a bookmaker for crypto betting: It accepts all kinds of cryptocurrencies, including Bitcoin. It is one of the best live betting sites you can find and offers very low minimum deposit/withdrawal limits – they are as low as 1 Euro.
  • Campeonbet: Campeonbet is operated by CW Marketing, one of the most reputable operators in the iGaming industry. You can start playing with a 100% match bonus and double your bankroll as a new member. On average, you can place a bet for more than 100 markets.
  • Zig Zag: Zig Zag offers you the chance to start with a free bet bonus that is worth 10 EUR. You can also win up to 100 EUR with your first deposit. Established in 2018, this is one of the newest operators in the market and offers lots of opportunities.
  • Mostbet: Mostbet was established in 2009 and works with a Cyprus license. It has a loyalty program that offers you exclusive bonuses at each level, and the minimum deposit limit is as low as 2 EUR. It also offers detailed sports statistics that can help you to make better predictions.
  • Betway: Betway is licensed in more than a dozen countries and it is a member of ESSA (European Sports Security Association). It is accredited by eCOGRA for fairness and the company behind it (Betway Group) is a sponsor of the major football teams in the UK.

Finland Betting

Mexico Bookmakers

Montenegro Bookmakers

Nepal Bookmakers

Norway Bookmakers

Panama Bookmakers

Isle of Man Betting

Jamaica Bookmakers

You can also check Slotica Sports and Campobet Sports if you want to start playing with advantageous bonuses. Don’t forget that we have an option for everyone. If you are on a low budget, check our list of low deposit betting sites. If you recently started playing, we have tutorials and strategies that can help you, such as how to win at sports betting and sports betting math.

Most Popular Sports to Bet on in Cyprus

Cypriots enjoy a large number of sports. Tennis, cycling, golf, and badminton have a large following, while auto racing, basketball, and the annual Cyprus Rally get a lot of attention as well. Skiing, paragliding, and rugby are favorites but as in Argentina bookmakers, it is soccer that is the most widely participated in, followed, and wagered on sport in this country.

In other words, Cyprus football betting is the most popular option in this island country and the majority of betting in Cyprus focuses on this sport. This is because the British, who ruled the island for a long time, brought football to Cyprus at the beginning of the 20th century and popularized it. The Cyprus Football Association (CFA) is the only professional football league in the country and a FIFA member since 1948.

Tennis is also a popular sport and Marcos Baghdatis is considered the most popular tennis player in the country. Baghdatis had competed in the 2006 Australian Open finals.

Most Common Bet Types in Cyprus Bookmakers

In general, we can say that Cypriot punters follow global trends in this regard. In other words, a large portion of the bettor community is most likely to bet on the outcome of a particular match.

Combination bets are quite common, as is usually the case in Mediterranean cultures such as Italy betting sites, so accumulators are often preferred. (Check out our other guides to learn about this sports betting system.)

Exotic bets are played by a small part of the bettor community, but we can say that the overall bet values are above average. Do not forget that there is a betting guide we have prepared for all these techniques.

Cyprus Gambling Laws & Betting Companies in Cyprus

Sports betting has been one of the gambling categories that Cypriots have been able to wager on for many years. Online sports betting was officially legalized in 2012 and now punters have an unbelievably wide range of options for sports gambling. Betting on sports is the only legal online gambling platform. All other online gambling in Cyprus is illegal and these rules are strictly enforced.

We can analyze the history of Cyprus gambling sites and laws by dividing it into two periods: pre-EU and post-EU. In the pre-EU era, there was no real legislation for online and offline operators in the country. In this respect, we can say that the “Wild West” rules were valid. There were many small-scale operators operating in the country, but none of them had legal status.

After Cyprus was admitted to the EU, a legal basis was created for gambling and casino games like many other things. In this context, “Betting Law” came into force in 2012 and brought the following regulations:

  • Online and offline gambling (including Cyprus betting sites) is now legal.
  • Cyprus new betting sites must obtain a license in order to operate.
  • A commission will be established to issue and oversee this license. (This commission was established in 2015.)
  • Land-based operators must obtain a Class A license, and online operators must obtain a Class B license.
  • Companies wishing to obtain a license must physically operate in Cyprus (e.g. open a branch) and present a bank guarantee of 550,000 EUR. Licensing betting sites in Cyprus requires both.

Cyprus betting laws have not changed significantly in recent years and the general regulations listed above still apply. Moreover, there is an extremely interesting situation: local laws do not contain any regulation as to whether Cyprus betting sites can accept players outside the country. So, this means that an operator can accept members from anywhere in the world (as long as gambling is not prohibited in that country) after obtaining a Cyprus license. In other words, Cyprus betting sites are also international betting sites, similar to the Sweden bookmakers situation.

Tax for Cyprus Online Betting

Due to local laws, winnings of players (whether they originate from Cyprus betting activity or international betting sites) are tax-free. You don’t have to pay a single penny. Gambling operators and betting sites in Cyprus, on the other hand, must pay a 13% tax based on their net revenues.

How to Create an Account for Cyprus Sports Betting?

Tip

  • Check our list of recommended Cyprus betting sites and sports betting exchanges and pick one.
  • Visit the website of that operator and look for a button that says “join” (or something similar) on the home page.
  • Click that button and fill out the membership form. Make sure to give accurate information because you will be asked to verify it later.
  • The operator will send a message to your email account. That message will contain a link – click on it.
  • Doing so will take back you to the website of the operator. You just activated your account.
  • Log in with your credentials, make your first deposit, and start playing!

Best Payment Methods for Cypriot Bettors

Cyprus laws do not contain any restrictions in terms of bookmakers by payment methods, and even if you play at international betting sites, you can use all available options without any problems. Therefore, we recommend that you choose the payment method that suits you best. For example:

  • Wire Transfer: A method we recommend using through payment providers such as Trustly and Klarna (see our list of Trustly betting sites). Because in this way, you can complete all transactions in a maximum of 24 hours.
  • Electronic Wallets: You can use all e-wallet services operating in Cyprus such as PayPal, Skrill, and Neteller for deposit and withdrawal.
  • Credit Cards: VISA and MasterCard can be used for all gambling-related payments. Transfers are instant and free.

Cyprus Betting Apps for Cypriot Punters

Mobile betting is possible without any restrictions in Cyprus and can be used seamlessly as long as the operator supports it. However, there is no special mobile application developed for Cypriot punters. You can use the Cyprus betting sites’ apps if you have them: they usually only work on Android and the installation files are downloaded from the operator’s site, not from the Play Store.

If you are using iOS or want a more practical experience, we recommend using the mobile versions of Cyprus betting sites. You can do this simply by visiting the operator’s website with your mobile device’s browser, no download is required. We test all the sites we recommend with different mobile devices (iOS/Android) and make sure you get the same experience in terms of performance and features.

Are there any Sports Betting Bonuses and Free Bets for Cypriot Players?

We promised a Cyprus betting tips section, so here it is: When it comes to choosing a top-rated online bookmaker that offers welcome bonuses, live betting Cyprus services, and attractive ongoing bonuses for existing players, Cypriot punters have a huge number of excellent options to place a CY bet.

Among these trusted and highly regarded online sportsbooks is Argo Casino, which will give new customers from Cyprus a free €50 bet. IVI Casino also makes it simple to claim its €50 free bet and ReloadBet’s $120 free play is impressive. Even better is Casinia Bet’s $150 in free bets.

It is well-known that some punters would rather have cash bonuses and there is no shortage of these. Malina Sports will add €150 to Cypriot accounts. If you use Bitcoin then check out Cloudbet’s offer that sees them giving away 5 Bitcoins to new customers from Cyprus.

There are so many more bonuses and free bets that are easily found at Gamblingjudge.com. Check out our promotions section to find a reputable bookie and the best Cyprus bookies betting offers. Remember to read the terms and conditions that apply to these bonuses and be sure to read our in-depth sportsbook reviews. There is a lot of helpful information here that will assist you in finding the best bookmaker.

What to Expect from Cyprus Betting

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PROS

  • Legal betting & gambling
  • Cyprus betting sites can accept international members
  • No tax for gambling winnings

CONS

  • The number of local operators is low
  • Tax rates are high for operators

FAQ About Cypriot Bookies & International Cyprus Betting Sites

As a general rule, we recommend having an account at two different Cyprus betting sites. This way, you can take advantage of the best bonuses and use competitive betting odds.

As long as they are licensed by the government & National Betting Authority, yes. If you have doubts, note that you can still play at international betting sites from Cyprus.

Yes. Due to a legal loophole, Cyprus betting sites can accept members from any country in the world, as long as gambling is not considered illegal in that country.

Yes. Our list of recommended Cyprus online betting sites contains brands that offer this option. You can place live bets from any device you want.

No, online gambling (both casinos and Cyprus online betting sites) is legal in Cyprus, as long as they are licensed by the National Betting Authority.

Play at the Best Betting Sites in Cyprus

You can now start playing at the best Cyprus betting sites: We picked them for you and reviewed each of them in detail. They all offer advantageous bonuses, competitive odds, and a big market that covers dozens of sports options.

Pick one, place your bet, and win big. Check our best sports betting strategies guide too so you can increase your chances. We will keep updating our list of betting sites in Cyprus, so don’t forget to visit us often. Good luck!

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