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BOOKMAKER OF THE MONTH

Best Cyprus Betting Sites – Online Betting in Cyprus

Cyprus flag

Population: 1,200,125
Active players: 399,750
Currency: Euro 
Regulated gambling productsFixed-odds sports betting; National lottery (operated by OPAP)
Operator types: Online Sportsbooks and land-based betting shops
Designated authority: National Betting Authority
StatusRegulated Market - Betting Law of 2012 that was updated in 2016 to include licenses for foreign online bookmakers as well

All forms of gambling or games of chance have their place in Cypriot culture. From card games, football betting and even horse racing, gambling is intertwined with day to day activities of Cypriots. Even in the present day, the Cyprus betting landscape is perfectly balanced with many online bookies and a diverse offering of land-based casinos in the north. 

After several online betting acts and reforms, the road was paved for big international bookies to enter Cyprus. Before these regulations, Bet365, Betfair and Bwin were the ones to dominate the online betting scene. After licensing became mandatory, some companies decided not to apply for one. Other bookies, like Betfair and Sportingbet, initiated the process but pulled away in the end. All these movements created the proper environment for Bet365 and Stoiximan to secure their position as leaders in the regulated Cypriot betting scene, while many unlicensed bookmakers still accept CY players. So, for all punters looking for excellent online bookies to place a bet, Cyprus comes with several appealing options.

Bet in Cyprus - 5 things to know

  • The legal gambling age for Cypriots is 18
  • 75% of all Cypriots aged 15 and above participate in one or more forms of gambling.
  • Punters are not taxed on their winnings - the only exception comes for OPAP winnings of over €5,000.
  • Licensed online bookies pay a tax of 13%, of which 10% goes to the government, 2% to sporting bodies in Cyprus, while 1% is directed towards responsible gambling organisations
  • Big names like Betfair, Sportingbet or Bwin, decided to limit their Cypriot operations

Best betting sites in Cyprus

888sport
8.6/10
8.6/10

Players Rating: (5 Rates) 8.9

Betmaster
7.1/10
7.1/10

Players Rating: (1 Rate) 8.0

Tipwin
7.9/10
7.9/10

Players Rating: (2 Rates) 6.0

Cyprus Betting Online Environment

Even though the list of options for Cypriot punters when it comes to choosing a new online betting site isn’t that long, it doesn’t mean you shouldn’t do your homework on what everyone has to offer. The online betting Cyprus landscape is capable of delivering the perfect betting experience for those that make an informed decision.

Licensed Betting Sites in Cyprus

There is a total of 9 online licenses issued by the National Betting Authority at the moment and we are going to take a closer look at the main bookies legally operating in Cyprus.

Bet365 CY

With over 20 sports to bet on and tens or hundreds of betting markets for each event, Bet365 is one of the most diverse online bookmakers in Cyprus. Their odds are equally qualitative, while the British bookie has a vibrant list of bonuses for both new punters and existing customers. Some bonuses focus on particular sports, while deals like Bore Draw Money Back gives you the stake back if the match ends 0 - 0.

Winmasters CY

Winmasters comes with an even richer offer when it comes to sports you can bet on. There are over 30 choices to pick from with equally high betting markets for each. Odds-wise, they are very close to Bet365 and even top them in some sports. When it comes to bonuses, Winmasters doesn’t disappoint and deliver everything punters want. Odds boosts, free bets, cashback, refer a friend or the Pulse Bet features are all ready to make betting even more rewarding. More than just delivering an exceptional online betting experience, Winmasters is also involved in the main football events in Cyprus. Former sponsor for Apoel FC, the bookie also represents its special award in the Coach of the Season competition. Even more than that, punters can use the special market Coach of the Month to predict who’s going to get the award. 

Parimatch CY

Another excellent choice if you’re looking for top quality betting services, Parimatch.com.cy boasts a diverse range of sports you can wager on. Punters that want to make a profit can easily take full advantage of the high odds offered. Being one of the biggest bookmakers in Cyprus, Parimatch confirmed their domination by becoming the official sponsor of Apoel FC. The bonus and rewards section is also excellently covered by Parimatch with high bonuses for new players, exclusive gifts through the Gifts+ section, and all sorts of cashback and live bet insurances.

Of course, we couldn’t end this presentation of top online bookmakers in Cyprus without including Stoiximan CY on the list. With their list of 33 sports to bet on, high odds and diverse bonuses, Stoiximan is an equally great choice as the bookies presented above. Other betting websites like Ubet CY, BetonAlfa, MeridianBet, MegaBetPlus or Fonbet come to complete the offer for Cypriot punters.

Bet Online In Cyprus: Important Information For Players

From a punters’ point of view, things are straightforward in Cyprus. All Cypriots of over 18 years of age are allowed to register an account on online bookies and use all their features. Accessing unlicensed online betting sites is strictly forbidden, and the NBA has a long list of over 2,300 blocked such websites. However,  there are no real risks to punters that use these websites. Unlike other territories where punters are allowed to bet online, Cyprus comes with a requirement regarding domestic competitions. Due to a high number of documented fixed matches in various Cypriot competitions, the NBA imposed a rule that states any bet on a local match has to be combined with three other selections on international matches, the so-called “3+1”. However, this is not at all an impediment for punters, especially when knowing that the government does not tax their winnings on sports betting.

Which .com Bookmakers accept players from Cyprus?

For passionate punters, the nine licensed bookmakers that are available in Cyprus won’t be enough. Moreover, this doesn’t apply only to experienced punters; even newbies will want more diversity. The solution? Betting at international sportsbooks that still accept punters from Cyprus. As we stated earlier, there are no real actions taken against bettors using international bookies, so you have nothing to worry about. So, what are the options for those punters pushed by the limitations of the Cyprus bet scene? Let’s take a look at three of the best international bookmakers to play at.

Spin Sports / If you’re eager to get rid of the 3 + 1 rule imposed by licensed online bookmakers, Spin Sports is a great choice. The welcome bonus is extremely appealing, and they even deliver a sign on a free bet for new customers. Besides that, the odds are high, and their mobile interface is flawless.

Betzest / Another great alternative to Cyprus licensed bookies, Betzest comes with a complete offer of payment options perfectly tailored for Cypriot punters. Wondering why we opened with payment options? It is well known that using your debit or credit card can easily expose your identity to Cypriot authorities, and that’s why it is always recommended that you choose the safety and speed of ewallets instead. And as for ewallet options, Betzest offers plenty.

Tonybet / Tonybet is the perfect bookmaker for veteran and rookie punters to enjoy a top-quality experience. Great odds on the majority of sports offered, coupled with a vibrant offer of betting markets makes Tonybet a strong competitor for any Cyprus-licensed bookie.

Cash Out Cyprus - Which Bookmakers Offer It?

taxThe cash out feature was present at most bookmakers in Cyprus in the past; however, since the update of the Betting Act in 2016, there were no bookies offering this option. Luckily for punters, cash out Cyprus is once again available on 7 out of the 9 legal bookies operating in the country. The two bookies in Cyprus not offering cash out are Ubet and MegaBet, and you should also note that Parimatch and Fonbet have limited cash out possibilities. 

The cash out feature on Cypriot bookies works the same as at any other international bookies. The only differences are that most of the international sportsbooks give their punters the option to cash out partially or use this feature automatically and on multiples as well.

Cyprus Bookmakers With the Best Welcome Bonus

All bookies licensed in Cyprus offer big welcome bonuses. However, it’s not just the size of the bonus that matters. Diversity is also essential and the nine bookies operating legally in the country will offer you amazing types of rewards. From a big match bonus to boost your balance or a nice free bet, all the way to a risk-free bet, everything is on the table. For a detailed overview of the bonuses offered by Cyprus betting sites, visit this page.

Licensed vs International Cyprus Betting Sites

Is it better to play on an international bookie than at one licensed in Cyprus? - the question every punter in Cyprus asks before creating a new account. Well, to answer your question, we’re going to do list some of the main differences that tip the scales towards the international bookmakers.

Better odds are the most important aspect of all. Due to the increased competition between international betting sites, the odds are most of the times higher than any Cyprus bookie can offer. Cyprus betting sites offer diverse betting markets. Sure, Cyprus licensed bookies also offer a good range of betting markets. However, it’s not until you try an international bookie that you realize how many other options are out there.

Also, since online casinos are not allowed in Cyprus, signing up with an international sportsbook that also has a casino component gives you access to both products.

Due to the 3+1 rule you can bet solely on Cypriot competitions without having to add international matches as well. Also you’ll enjoy improved live betting. When it comes to placing a live bet, Cyprus-licensed bookies only offer you the basic stuff. On an international sportsbook, you will be able to use the entire range of in-play bets to boost your profit.

New CY Bet Sites To Check Out

Since the National Betting Authority is not quick to issue any new licenses, the latest additions to the list were MeridianBet, MegaBetPlus, and Winmasters. So, these are the names veteran punters should check out if they want to try something new. On the other hand, if you're going to enjoy a genuinely complete betting experience, you should look towards international bookmakers. Bonkersbet, KTO or Reloadbet are top-quality bookmakers where you will find bigger bonuses, higher odds and improved live betting and cash out features. When you also add the lack of any restrictions for Cypriot competitions, you really get the best possible betting environment!

Complete list of online bookmakers in Cyprus

Bookmakers Why to Bet Why to Bet Bookmakers Rating    
888sport
  • Experienced bookmaker
  • Abundance of markets
  • Cash out available
  • 1. Experienced bookmaker
  • 2. Abundance of markets
  • 3. Cash out available
888sport
Review Bet Now
Betmaster
  • Up to 100+ extra markets/match
  • Asian Handicaps
  • Easy to use desktop/mobile site
  • 1. Up to 100+ extra markets/match
  • 2. Asian Handicaps
  • 3. Easy to use desktop/mobile site
Betmaster
Review Bet Now
Tipwin
  • 25+ sports
  • High odds on football
  • Loyalty Bonus for permanent customers
  • 1. 25+ sports
  • 2. High odds on football
  • 3. Loyalty Bonus for permanent customers
Tipwin
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Bonkersbet
  • 300+ football markets
  • Asian handicaps
  • 45+ sports available
  • 1. 300+ football markets
  • 2. Asian handicaps
  • 3. 45+ sports available
Bonkersbet
Review Bet Now
b-Bets
  • Fast expanding bookie
  • One of the best welcome bonuses
  • Clean & fast website
  • 1. Fast expanding bookie
  • 2. One of the best welcome bonuses
  • 3. Clean & fast website
b-Bets
Review Bet Now
KTO
  • High odds on basketball (97% +)
  • Above 96% payout on EPL
  • 40+ Sports
  • 1. High odds on basketball (97% +)
  • 2. Above 96% payout on EPL
  • 3. 40+ Sports
KTO
Review Bet Now
Pinnacle
  • Best choice for professional bettors
  • Huge average payout rate of 97,7%
  • No limits at maximum winnings per bet
  • 1. Best choice for professional bettors
  • 2. Huge average payout rate of 97,7%
  • 3. No limits at maximum winnings per bet
Pinnacle
Review Bet Now
Melbet
  • 100% up to €130 welcome bonus
  • Ηigh odds
  • Tons of alternative markets
  • 1. 100% up to €130 welcome bonus
  • 2. Ηigh odds
  • 3. Tons of alternative markets
Melbet
Review Bet Now
Reloadbet
  • Enhanced accumulators
  • Lots of special bets
  • 20+ sports available
  • 1. Enhanced accumulators
  • 2. Lots of special bets
  • 3. 20+ sports available
Reloadbet
Review Bet Now
Betzest
  • Rapidly expanding operator
  • High odds
  • Up to 1000 alternative markets
  • 1. Rapidly expanding operator
  • 2. High odds
  • 3. Up to 1000 alternative markets
Betzest
Review Bet Now

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