Odds
Home » Countries » Cyprus

Online Betting in Cyprus – The Ultimate Guide

If you’re searching for the best Cyprus betting sites, you’ve come to the right place. We have created this online betting guide to cover everything Cypriot bettors need to know about betting in sunny Cyprus, including the laws that govern gambling in the country and the difference between licensed and international betting sites.

Best Betting Sites in Cyprus – December 2024

4.5/5
Rated by 413 users
Claimed by 742 people this week
Up To $1000 Welcome Bonus
Terms and conditions: The bonus code is only valid for a new customer's first deposit and must be redeemed immediately after the deposit and before a wager has been placed. The sum of the deposit and the bonus are subject to rollover requirements of 8x at min. odds of -200 (1.5) before a new bonus can be redeemed or a withdrawal can be made. Max. $1000 of each bet count towards the rollover requirements. Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

VISA
MasterCard
Bank Transfer
Neteller
Paysafecard
Skrill
Bitcoin
+5

Average Payout Speed

0 – 24 Hours

Currencies

  • AUD
  • CAD
  • USD
  • Competitive sign-up and promotional offers
  • Excellent statistics section to aid customers
  • Pain-free deposit options
  • Accepts both high and low limit bettors
  • Lengthy and expensive withdrawal procedure
4.6/5
Rated by 165 users
Claimed by 638 people this week
Get 500% + 400 Free Spins
Terms and conditions: Terms & Conditions Apply. New Players Aged18+. Please Gamble Responsibly. – Terms apply
Show More Details Show Less Details

Payment Options

Bitcoin
Ethereum
TRON
Tether
Litecoin
Dogecoin
BitcoinCash
+5

Average Payout Speed

0 – 24 Hours

Currencies

  • ETH
  • USDT
  • LTC
  • Claim a huge welcome bonus
  • Lots of options from archery to Overwatch 2
  • Make use of fantastic in-game statistics
  • Get extra freebies through the YBS token
  • Deposit and withdraw using crypto
4.5/5
Rated by 267 users
Claimed by 512 people this week
125% up to $3,125
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

VISA
MasterCard
Bitcoin
American Express
Moneygram
Ethereum
Litecoin

Average Payout Speed

0 – 24 Hours

Currencies

  • BTC
  • LTC
  • ETH
  • Premier destination for US bettors
  • Racebook covering daily races
  • Esports and virtual sports markets
  • In-depth sports stats and tips
  • Intuitive live betting markets
  • Limited withdrawal options
4.5/5
Rated by 313 users
Claimed by 557 people this week
50% Up to $250
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Amex
Bitcoin
MasterCard
Rapidtransfer
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • BTC
  • Top-rated US online sportsbook
  • Mobile site for iOS and Android users
  • Diverse range of betting markets
  • Excellent customer support options
  • Lines come out very late in the day
  • Odds not as favorable as other books
4.5/5
Rated by 321 users
Claimed by 430 people this week
150% Welcome Bonus
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Neteller
Skrill
Paypal

Average Payout Speed

0 – 24 Hours

Currencies

  • CAD
  • AUD
  • USD
  • Claim an array of generous bonuses
  • Climb the VIP program for extra perks
  • Instantly withdraw cash via crypto
  • Bet on niche markets like X-Factor
  • Visit the statistics center for insights
4.6/5
Rated by 504 users
Claimed by 289 people this week
Get 125% Deposit Boost to bet on sports up to $1250
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

VISA
MasterCard
Paypal
Bitcoin
Litecoin
Dogecoin
Ripple
+4

Average Payout Speed

0 – 24 Hours

Currencies

  • BTC
  • LTC
  • XRP
  • Deposit and bet using BTC
  • Choose from 25,000+ markets
  • Bet in-play on a huge range of sports
  • Get paid quickly with no fuss
  • Friendly customer support agents
4.57/5
Rated by 413 users
Claimed by 267 people this week
100% Up To $1000
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Bitcoin
BitcoinCash
MasterCard
Person to Person
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • LTC
  • USD
  • Generous bonuses and promotions
  • Great range of betting markets
  • Extensive racebook
  • Very good customer service
  • Only a few withdrawal options
  • Fees for withdrawing funds
4.62/5
Rated by 413 users
Claimed by 378 people this week
100% Up to $1000 + $25 casino chip
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

VISA
MasterCard
Bitcoin

Average Payout Speed

0 – 24 Hours

Currencies

  • BTC
  • Trusted by publications such as ESPN
  • Access a dedicated racing section
  • Crypto-friendly sportsbook
  • Adjust odds format and time zone
  • Support options include call back
  • Quite low sportsbook limits
4.5/5
Rated by 413 users
Claimed by 230 people this week
50% Up To $1000
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Bank Wire
Bitcoin
Cheque
Discover
MasterCard
Neteller
Skrill
+1

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • Accepts players from all over the world
  • Known for their live betting offers
  • Lots of secure banking options
  • Great bonuses and promotions
  • High fees for some deposit options
  • Support agents are often slow to reply
4.5/5
Rated by 232 users
Claimed by 178 people this week
15% up to $600
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Amex
Bank Wire
Bitcoin
Cheque
MasterCard
Neteller
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • BPS
  • CAD
  • EUR
  • Popular book that accepts large max bets
  • Huge focus on football and basketball
  • High-spec live in-play platform available
  • Downloadable client for Windows & Mac
  • Odds are not amazing on non-US sports
  • User interface could be improved
Flag of Cyprus

Licensed vs International Cyprus Betting Sites

When searching for Cyprus betting sites, you’ll typically encounter two options. Licensed betting sites which have been approved to accept bet in Cyprus, and international sites. But which option is better?

There’s not really a straightforward answer to that question. Licensed betting sites in Cyprus have robust offerings, but when you’re betting online, live and in-game options are limited.

For this reason, we recommend international sites for Cypriot bettors. These sites typically offer much better benefits because they aren’t beholden to strict regulations governing Cyprus’ licences.

As a result, you’ll find better bonuses, such as free bets and promotions, at international sites. Foreign operators also allow in-game betting, so you can enjoy the action while your favourite team is playing live.

You might also encounter better odds and payouts at international betting sites for Cypriots because those sites have stiffer competition from surrounding regions. Overall, international sites offer several more advantages.

However, you’ll be happy with all of our recommended Cyprus betting sites, whether they’re licensed or international. We only list the very best sports betting sites for Cypriot bettors, so you know you’ll have an enjoyable experience from start to finish.

What Deposit Methods Are Available for Cypriot Bettors?

When you deposit and withdraw at a Cyprus betting site, the process should be seamless. And fortunately for Cypriot bettors, our recommended sites make it easy to fund your account.

Here are some of the most popular payment methods for Cypriot bettors. Keep in mind that other methods, such as cheque deposits, are occasionally available as well, though not at every betting site.

Bank Transfer

Bank Transfer

Bank transfer is one of the most popular deposit methods for Cypriot sports betting enthusiasts. That’s probably because it’s one of the easiest methods to use.

Simply connect your bank account and you can transfer funds to a betting site within minutes. Some transfers take slightly longer than others, and there may be the occasional fee attached. Always check the fine print so you know how to most efficiently use your money.

Credit Cards

Credit Cards

Another favourite among Cyprus bettors: credit cards. Depositing at a Cyprus bookmaker with a credit card is a lot like online shopping. Simply enter your credit card information, including expiration date and security code, and you’re ready.

One note of caution, however. Your bank may decline attempts to deposit at some Cyprus betting sites.. It doesn’t happen too often, but it’s a possibility, so have an alternative payment method ready just in case.

E-Wallets

E-Wallets

Services such as Skrill and NETELLER remain popular among online bettors around the world, and Cyprus is no exception. Almost every single one of our recommended sites will accept these online payment services.

There’s also a strong chance that similar e-wallets are available for use as well. We highly recommend using e-wallets because they allow you to make semi-anonymous payments. Plus, they have a near 100% success rate for deposits.

Prepaid Cards

Prepaid Cards

If you prefer to keep a specific card handy to deposit at Cyprus betting sites, prepaid cards might be the route for you. Services such as paysafecard make it easy to add funds to your card, then use them to fund your account.

What Are the Most Popular Sports in Cyprus?

Associations under the umbrella of the Cyprus Sport Organisation (CSO) govern most sports in Cyprus. That said, sports played around the world are popular in the island country. This results in a rich betting market for Cypriots that features fan-favourite sports from all corners of the globe.

Football

Football

As an island formerly under British rule, it’s likely no surprise that football is the most popular sports in Cyprus. The Cypriot Football Association (CFA) has been overseeing events since 1934, and the Cypriot First Divisions is the top standard of domestic competition. The CFA organises the Cypriot Cup and other national events.

Cyprus betting sites typically feature CFA events. But you won’t be limited to domestic events. Football is the world’s most popular sport and betting sites take notice. You’ll find bets available on major events like the FIFA World Cup and on various leagues such as the Spanish La Liga, German Bundesliga, and the English Premier League.

Basketball

Basketball

Basketball has a similar standing to football in Cyprus. There is a domestic league comprising professional and semi-professional teams. Though Cypriot basketball teams don’t compete on a global scale, some teams such as EKA AEL have performed well in European competitions.

Of course, international competitions are also popular among the basketball community. European leagues and the NBA (the US National Basketball Association, not to be confused with the National Betting Authority in Cyprus) provide plenty of betting opportunities for Cypriot bettors.

Tennis

Tennis

Tennis is a popular sport in Cyprus. It’s played recreationally by many Cypriots and spiked in popularity in the mid-2000s when native Marcos Baghdatis reached a career high ranking of 8th in the world. Baghdatis’ success came thanks to his finish as a runner-up in the 2006 Australian Open and reaching the semi-finals of Wimbledon in the same year.

No Cypriot tennis player has emerged to usurp Baghdatis’ position, even since his retirement in 2019. Still, tennis in Cyprus remains a very popular pastime, both in the recreational play and sports betting arenas.

Cypriot bettors will find a plethora of tennis bets on offer at our recommended sites, especially for the four major tennis tournaments: Wimbledon, the US Open, the French Open, and the Australian Open.

Rally Racing

Rally Racing

Rally racing is a unique motorsport that sees drivers race across all types of terrain. The cars made for rally racing are road-legal and can run at normal speeds, which sets the sport apart from other race types like Formula One or NASCAR.

Cyprus betting sites naturally feature rally racing. In particular, the annual Cyprus Rally is extremely popular among Cypriot bettors. The annual event joined the World Rally Championship in 2009 to become the organisation’s only mixed-surface rally racing event. International rally races are thus quite popular with Cypriots, as their country hosts one of the sport’s premier races.

Athletics

Athletics

Individual feats of athletic achievement are a source of national pride worldwide, and this is especially true of the Olympics. Cyprus has sent athletes to every Olympic Games since 1980. However, it took some time for the country to come home with a medal. In 2012, Pavlos Kontides won the silver medal in men’s laser sailing.

To date, Cyprus has yet to win another Olympic medal, but the country will continue to take part in future games. With a population of about 1 million, Cyprus struggles to compete on the global scale with countries such as the US, Australia, the UK, and China. However, you can still bet on your favourite athletes, Cypriot or otherwise.

Rugby Union

Rugby Union

Rugby is still relatively new to Cyprus, but it is quickly growing in popularity. The Mighty Mouflons is Cyprus’ national rugby team. The name derives from a horned sheep, which is also the country’s national animal.

Though they have occasionally been disqualified from tournaments for not meeting rugby union requirements, the Cyprus team has a huge claim to fame. The team holds the world record for most consecutive international rugby union wins at 24. The streak lasted for six years and was ended by a loss to Latvia.

Thanks to the growing influence of the Mighty Mouflons, rugby is steadily increasing in popularity in the island country.

GPS Stadium

Is Online Betting Legal in Cyprus?

Cyprus is an island country that provides ample opportunities for betting enthusiasts. While there are some options for online betting in Cyprus itself, international sites are the best option for Cypriots. The country has an interesting history with online betting, but now there are more ways to bet than ever before.

Cyprus: A Brief History

Cyprus: A Brief History

Cyprus is nestled in the Mediterranean Sea surrounded by Africa, Europe, and the Middle East. An island nation, Cyprus is unique because it is partitioned into two parts. The internationally recognised and primarily Greek Republic of Cyprus controls the south and west of the island, approximately 60% of the country. The remaining portion in the north is controlled by the self-declared Turkish Republic of Northern Cyprus.

This situation has been in place since 1974, when Turkey invaded the island. Turkey remains the only country to recognise the north as an independent nation, while the wider international community considers the northern end of the island as a territory occupied by Turkish forces. Though tensions have lifted somewhat in recent years, Cyprus remains a nation divided.

Online Betting in Cyprus

Online Betting in Cyprus

In Cyprus, online betting is legal in some forms, as long as the operator holds a license to operate in the country. This means that popular gambling pastimes such as horse racing and sports betting are accessible to Cypriots.

However, Cyprus betting sites must have a license. The country’s laws prohibit betting sites from accepting bets without one. For individuals, though, international betting sites are a viable alternative. Cyprus authorities occasionally crackdown on illegal operations, but they remain focused on the larger scale rather than individuals. For this reason, you can safely bet on your favourite sports at our recommended sites.

Cyprus Gambling Oversight

Cyprus Gambling Oversight

In 2012, Cyprus passed the fittingly named Betting Law 2012. The law’s main purpose was to place the newly established National Betting Authority (NBA) as the organization to oversee Cyprus betting activity. Cyprus NBA sets the rules and regulations, and grants licenses to gambling operators.

Betting Law 2012 regulated sports betting and lotteries in Cyprus, but it also banned other forms of internet gambling. Popular gaming types like online poker and online casinos were the main casualties of the law. Sports betting exchanges were also outlawed, as they allowed live betting.

Three years later in 2015, the country passed the Cyprus Casino Control Law. This law allowed for the construction of a Cyprus casino and four satellite locations. Melco Resorts won the licence and built the City of Dreams Mediterranean Casino Resort, which still operates today.

Claimed by 742 people this week
Get up to €50 in Bet Credits
Terms and conditions: Terms and Conditions apply. – Terms apply

FAQs

Can I bet online in Cyprus?

Yes, there are several Cyprus betting sites available to bet on your favourite sports. The country has two types of betting sites: licensed and international. Licensed sites are sanctioned and approved by the Cyprus government. International sites are licensed in foreign jurisdictions. International sites offer better odds and bonuses because they face stiffer competition from other sites. They also can offer live betting, which Cypriot sites cannot do.

Do you pay taxes on sports betting winnings in Cyprus?

Cyprus betting site operators pay taxes to operate in the country, so long as they’re licensed. As a bettor, you do not need to pay taxes on your sports betting winnings in Cyprus. The only form of gambling that requires players to pay taxes in Cyprus is the lottery, which taxes winnings over €5,000.

Can I bet on the Cypriot First Division online?

Absolutely. You can bet on the Cypriot First Division at most Cyprus betting sites, including international bookmakers. You’ll also find a wide variety of other Cyprus sports available, plus an array of events that are popular around the globe.
Q.

What is the most popular sport in Cyprus?

A.
Football reigns supreme in Cyprus, just as it does in many other countries around the world. It’s an incredibly popular pastime to play, to watch, and to bet on. Basketball, tennis, and rally racing are also extremely popular among Cypriots.

About the author

Alan Penny
Alan Penny

Editor-in-Chief

Alan hails from Northern Ireland and is an avid fan of all sports. He has been with us since 2017 and serves as SBO’s Editor-in-Chief. Alan passionately covers everything from the latest regulatory developments across the globe to tips on the latest football matches.