Best betting sites in Israel ✅
Israel is a country on the Mediterranean’s southern coast and the Red Sea’s northern shore. In 1948, the State of Israel declared independence from Britain. When people hear the terms “gaming” and “Israel,” they are likely to have incorrect assumptions. This is because it is the home country of some of the world’s most well-known gaming providers and operators, including Playtech, SBTech, and 888 Holdings. As a result, one may easily get carried away and conclude that gambling is thriving in the country. However, this is not the case because most kinds of gambling are now prohibited throughout the country. Gambling is quite popular among the locals. Nonetheless, the government’s tight position on it has limited their desire to only two state-run options. Mifal Hapayis, the lottery, and Winner il, the bookmaker. The online betting sector is unregulated and unaffected by any specific legal framework. Furthermore, Israel has no regulated betting sites. Despite the betting limitations, gamblers are discovering ways to access the few international bookies that operate in the country, such as Betsson and Pinnacle.
Israel betting- 5 things to know
- The legal minimum gambling age in Israel is 18
- Only the state lottery and betting on the state-run bookie are permitted
- Horse racing betting was prohibited in 2018;
- there is no particular regulation governing online betting;
- and there are no offline casinos
Active players: 1.800.000
Currency: New Shekel (ILS)
Regulated gambling products: Lottery, sports betting
Operator types: Unlicensed online bookies & casinos, online lottery, licensed land-based betting shops
Designated authority: Israel Sports Betting Board (ISBB)
Status: Regulated – State monopoly
The Legal Framework for Online Gambling in Israel 📝
The 1977 Penal Law is the only item of gambling legislation. It has a definition of illegal games, which are those that “where a person has a chance to earn money, value, or profit The outcome of the game should be determined by chance rather than skill or ability “. As you might expect, gambling is nearly entirely outlawed in the absence of any other special law governing it. The only legal types of gambling are those owned by the government: Winner Israel operates one land-based lottery and one bookmaker.
The ISBB (Israel Sports Betting Board), which oversees gaming and reports to the Ministry of Finance, is the only approved gambling regulator. No other operator has a licence, and there is no system in place for someone who wants to apply for one. Furthermore, the state has occasionally prohibited access to gambling websites. Furthermore, it has directed banks to cease approving transactions involving them. Measures have not targeted players because the state is primarily targeting operators. There have been no reports of local bettors being fined or prosecuted. As a result, they’ve been progressively working their way around to gain access to offshore bookies.
Important information for bettors 📢
When you place a wager, Israel is one of the countries that will tax your gains (only when betting with the state bookie). There is no cost for winnings up to 30.500 ILS (€7.000-8.000), winnings between 30.500-61.000 ILS are taxed at the source, and profits above 61.000 ILS (€15.500) are taxed at 35%. When you use overseas bookies, you should be aware that banks may, at their discretion, prohibit gambling-related transactions. However, there have been no reports of sanctions or fines being taken directly against players in Israel. If you’re looking for a casino, you might only find one on a cruise ship, because brick-and-mortar establishments don’t exist.
Betting on Sports in Israel ⚽
Although Israel is not geographically located in Europe, its clubs and national teams compete in European events such as the Champions League, the Europa League, and European qualifying. Basketball is as popular as football in the country, and the Euroleague is equally popular, with Maccabi Tel Aviv being a prominent brand name in it. These two sports are the most popular among Israeli punters, with Betsson il and Unibet Israel offering a wide range of betting markets and high odds on both, far exceeding those of Winner.il. Tennis is the third most popular sport, thanks to former legend Shahar Pe’er, who won five singles and three doubles titles on the WTA Tour in her heyday.
How Do We Determine The Best Betting Sites? 🧐
- Security – Bettors want to know that they may play online and that their personal information will not be compromised. To keep their consumers safe, several of the online betting companies we’ve advised have implemented SSL (Secure Socket Layer) technology.
- Bonuses – Many of the greatest betting companies will provide generous promotions to entice new clients, in addition to existing promos. Betway, for example, thrives in this area since it offers free bets to newly joined consumers.
- Betting markets – Bookmakers worth their salt will offer a wide range of sports markets, both pre-match and in-play. Esports, on the other hand, has made a significant impression, and you can find dedicated CS:GO and Dota 2 markets at Sportsbet.io.
- Odds – Many of the better betting sites will provide competitive odds in order to keep returning clients. Look for sites that display odds in decimal, fractional, and American format, as well as those that offer their own bet calculator that will instantly calculate any returns for singles, doubles, or accumulators.
- Live betting and streaming – Live betting has become an essential component of online sports betting. Look for sites that feature a good mix of in-play markets and, of course, a live broadcast. You must have an account with the bookmaker in question to watch a live stream.
- Features – Having a Cash Out option or a ‘Edit my Bet’ area will help some bookmakers differentiate themselves from the competition. Betfair is well-known for enabling Cash Out, but before placing a wager, double-check with the bookmaker of your choice that the markets they offer enable Cash Out.
- Payment options – Although many Israeli betting sites do not accept Shekels, internet betting sites will convert withdrawals and payments to US dollars or British pounds. More sites, including Melbet, are now accepting bitcoin, so they are a smart bet if that is your preferred payment method.
- Customer service – The finest betting sites will prioritise delivering excellent customer service. For example, Sportsbet.io has a live chat feature, so if you have a problem when playing online, you can contact an agent.
Considerations – Gambling in Israel 🎯
The Israeli gambling industry is an intriguing one, with a robust private sector and minimal licenced gaming. On the one hand, some of the world’s most successful betting enterprises employ over 4,000 individuals in the private sector. On the other hand, the state of Israel considers most types of gambling to be prohibited.
While this may appear to be paradoxical, there are several factors to consider when betting in Israel. Here are a few to think about:
Is it legal to gamble online in Israel?
Sports betting and lottery are the two types of permitted betting in Israel. Beyond those two, betting is prohibited in Israel.
Are Israeli bettors restricted by bookmakers?
The bulk of offshore bookies in Israel do not ban Israeli bettors. However, due to geographical licencing restrictions, Israelis may be unable to use certain gaming applications.
Are gambling winnings taxed?
The state of Israel taxes all winnings from gambling activities based on the amount won. The highest taxation rate is 35%, but this amount is decreased for winnings between ISL 30,361 and ISL 60,720, while earnings under ISL 30,360 are completely tax-free.
Is Sports Betting Popular in Israel? 💡
Israelis are well-known for their love of sports betting and their devotion to their local and national teams. The popularity of sports betting in Israel is not surprising given the country’s distinct cultural background. Here is a list of the most well-known:
- Soccer- Soccer is the most popular sport in Israel in terms of popularity, live streaming, and betting. For decades, it has drawn the most interest, with many soccer tournaments attracting crowds of 20,000 or more.
- Basketball– Basketball is the nation’s second most popular sport for live betting. Its popularity has been boosted in part by the country’s success in European competitions such as the EuroLeague.
- Tennis –In recent years, tennis has grown in popularity as a betting sport, resulting in Israeli tennis players competing on the international stage. Andy Ram and Yoni Erlich won the Australian Open Doubles championship in 2008.
- Swimming– Many swimming associations in Israel have contributed to the sport’s popularity. Many local events have contributed to its popularity, as has Israel’s Anastasia Gorbenko’s gold medal at the European Short Course Swimming Championship.
- Chess, an unexpected entry as a leading sport for betting in Israel, has widespread popularity in the country. This is due, in part, to the annual Israeli Open Chess Championship and its intellectual appeal.
Are Online Casinos Popular? 💭
Because land-based casinos are outlawed in Israel, it is difficult to establish how popular online casinos are. Despite the Israeli government’s efforts to prohibit ISPs from accessing online casino sites, many remain prevalent. Online betting in Israel is likewise projected to be worth more than $3.5 billion. That implies that online casinos are common, and more significantly, that Israelis actively participate in online casino activity.
Deposits, Withdrawals, and Currency 💰
The leading online bookmakers in Israel provide a variety of handy deposit and withdrawal methods. E-wallets and cryptocurrencies are among the most convenient, as they provide Israelis with greater anonymity.
Furthermore, when it comes to facilitating online gambling transactions, the country’s banking laws are very rigorous. As a result, bank transfers are out of the question, however most offshore betting sites allow prepaid cards. Unfortunately, not all betting sites accept the Shekel, and transactions are frequently converted into euros.
Mobile Betting 📱
In Israel, mobile bets are a popular way to gamble. Mobile betting apps are available from the best Israeli bookmakers, including 1xBit, Pinnacle, 22Bet, Stake, and Unibet. They also offer a terrific option by allowing Israelis to register an account through a mobile website. Both provide several mobile wagering possibilities and incorporate a variety of mobile betting features.
Payment Methods Accepted 💸
Before you gamble in Israel, you should be aware that the government frequently blocks funds made to gambling websites. Even if offshore bookmakers accept card payments in Israel, avoid using MasterCard and VISA.
Consider using e-wallets, which are popular in sportsbooks. Skrill, ecoPayz, and Neteller are among the most popular digital payment options. Furthermore, Israeli online gaming companies accept PayPal. The payment method is well-known for its speed and security. Furthermore, PayPal is simple to use, making it appealing to gamblers. Finally, bookmakers in Israel provide punters with access to cryptocurrency payment methods. Most bookmakers accept BTC, ETH, LTC, and BCH cryptocurrencies.
In Israel, what sports can you bet on? 🥇
Most bookmakers will have a good selection of sports betting markets. Aside from popular sports like football, most punters will be able to wager on anything from football to tennis, darts to basketball. You will be able to find odds for domestic and European competitions, as well as the NBA, using the latter.
Odds on Sports Betting
Most online sports betting companies will display odds in decimal, American, or fractional format. The favourites will be labelled with a negative sign in the American style. After you fill out a betting slip, the bookmaker will offer the odds and compute any potential earnings. Some websites, such as Betfair, charge a commission, which is a proportion of your net gains.
Sites for Live Betting
Bookmakers worth their salt will make it simple for bettors to put in-play wagers. Bettors want to be in the thick of the action, and sites like Betfair, Betway, and Melbet deliver. Most online sports betting companies will provide extensive in-play markets for most sports, but double-check before proceeding.
New Sports Betting Websites
Some of the newest betting sites will offer novel promotions across a wide range of sports, as well as features like ‘Quickbet,’ which streamlines the betting procedure. Others will have a live chat service that is regularly monitored, as well as more detailed payment alternatives that will be discussed later.
Sports Betting on the Go
Nowadays, having a fantastic desktop online sports betting service is simply not enough. Many of the bookmakers we’ve mentioned will offer an equally fantastic mobile app that will cater to both Apple and Android users. There may be some special promotions, such as free bets or better odds, but the applications will load pages swiftly and have a few technological faults. It will thus make betting on the go more convenient.
Payment Options for Sports Betting Websites 🏆
Betting choices will flood the best betting sites. While not all online betting companies offer Shekles as a currency, many do accept various debit cards or e-wallets as a form of payment. This includes everything from VISA and PayPal to Skrill, Neteller, and ecoPAYZ.
Check that you may deposit and withdraw with the same payment method. Processing periods vary by payment method, although withdrawals can be processed practically instantaneously on some sites. Many of the greatest betting sites in Israel will also accept cryptocurrencies, such as Bitcoin and Ethereum, so if that interests you, hunt for sites that do.
Legality of Online Sports Betting in Israel 📢
In Israel, online sports betting is strictly regulated. The Israel Sports Betting Board (ISBB) operates the country’s digital sports betting platforms, while bingo and casino gambling are strictly prohibited. When the Israeli Penal Law was passed in 1977, this became law.
Bookmakers can apply for licenses, which must be approved by the ISBB. Here are the other major key points concerning the legal parameters of betting in Israel:
- The legal gambling age in Israel is 18;
- Only state-run bookies accept online sports betting;
- Horse racing was banned in 2018; and
- There are no brick and mortar casinos in Israel.
Online Sports Betting Strategies 📊
When it comes to online sports betting, there are a few things to keep in mind. We’ll go over our top five options below:
Utilize expert knowledge – Nowadays, information is at our fingertips. Before you begin making bets, it is always a good idea to read blogs or betting tips so you are aware of the form guide and any potential injuries, giving yourself the best chance of success.
Do your research – Before committing to a certain bookmaker, take the time to identify one that best meets your requirements. This includes evaluating the odds, inspecting the website’s usability, and, of course, reviewing any betting deals and bonuses that are available. On this front, the best betting sites in Israel will be adequately covered.
Don’t bet more than you can afford – Always play responsibly. This is one of the most crucial betting advice. Set a budget for yourself and stick to it. After all, once the fun is over, it’s over!
Don’t be overly ambitious – As a new bettor, it can be tempting to explore a variety of markets. It is preferable to begin with simple ‘Match winner’ markets before moving on to more complicated betting methods.
Stay secure – The top betting sites in Israel will be well-regulated and completely licenced. If they aren’t, this should raise a red warning, so avoid them if you aren’t sure.
ISRAELIAN BOOKMAKERS’ BETTING FEATURES AND OPTIONS 🛠️
The betting features and alternatives accessible at Israeli bookmakers are virtually as diverse as the sports betting options. Betting services, which range from live betting and streaming to bet builder facilities, can define a bookmaker’s lifespan. While these are the most prevalent characteristics that Israelis will come across with online bookies, there are others. Betting in Real Time
It is uncommon to come across an online bookmaker who does not offer live betting as part of their sports betting platform. This tool enables bettors to wager on sporting events in real time, access up-to-the-minute odds, and select from a variety of markets. Streaming in Real Time
Many bookmakers provide live broadcasting to its Israeli clientele. They are free to use, offer live commentary, and may be used with live betting and are available for a wide range of sport kinds. Builder of Bets
The Bet Builder feature is ideal for Israeli punters who want to put multiple or accumulator bets. Its functioning is straightforward, allowing bettors to combine several selections and betting odds from a single event into a single wager. Get Paid
By far the finest choice for money management, this feature allows bettors to cash out their bets early. While a negative outcome is less desirable than a good outcome, it does return a portion of the bet while keeping the other as a fee for cancelling the bet.
A BETTOR’S PROFILE IN ISRAEL 🙂
Due to the social shame connected with gambling in Israel, determining the profile of an Israeli bettor is difficult. However, most people who are happy betting online are also satisfied with other internet activities.
As a result, the majority of Israeli bettors are between the ages of 25 and 45, and most prefer betting on sports or playing card games. The most popular are live dealer games, but fantasy and virtual sports betting are also popular.
Israel offers a plethora of sports betting sites and has enormous potential. Although the regulatory structure may be more stringent than in other nations, there are still a variety of bookies offering a diverse selection of sports, including football and basketball. Whether you want to wager on pre-match or in-play markets, odds should be easy to find. Also, the best betting sites will accept cryptocurrency as payment, so study up on our suggested bookmakers before determining which one is ideal for you.
QUESTIONS AND ANSWERS ABOUT ONLINE BETTING IN ISRAEL
Is online gambling legal in Israel?
When it comes to online gambling, Israel only has one legal bookmaker, Winner.il. Betting on international bookies is lawful because they operate outside of Israel and have respectable gambling licence. However, using a VPN may help you bypass such ISP limits.
Q: Who are the best Israeli bookmakers?
Because of the lack of true competition, the state-owned operator has become notorious for offering poor odds. Betsson, Pinnacle, and Unibet are the most reputable bookies that welcome Israeli players.
Q: Will I be restricted from betting on international bookmakers?
Local laws have no effect on the online betting environment, however authorities have occasionally barred or restricted access to particular bookies. However, in most circumstances, players are not subject to any restrictions or fines.
Q: Is internet gambling safe in Israel?
When betting online, choose respected international bookmakers such as Pinnacle if you want more possibilities than those provided by the state-owned firm. At these top-tier bookmakers, safety comes first, so you won’t have to worry about anything.
Q: Which basketball betting site in Israel is the best?
Israeli basketball fans like wagering on the Ligat Ha’Al (Super League), the Euroleague, and the NBA. Pinnacle is well-known for paying out up to 98% on US sports, including the NBA.
Where Can I Find Betting Advice?
Most bookmakers will have a dedicated section on their website where you may gain insight from expert authors before placing a wager.
How Do I Interpret Betting Odds?
Betting odds are straightforward and are typically offered in decimal, fractional, and American formats. When you fill out a betting slip and enter the amount of your investment, most bookmakers will calculate the odds for you and show you your potential profits if your bet wins.
Can I Make a Shekel Deposit at a Betting Site?
Some Israeli betting sites permit this, while others do not. Before starting, always check to see if your selected bookmaker permits you to fund your playing account.
In Israel, how old do I have to be to gamble online?
The legal age for online betting is 18, as it is in most nations.
Will I have to pay taxes on my lottery earnings if I play the lottery?
Yes, based on the amount won, taxes will be taken from your earnings.
Are there any betting limitations for Israeli players?
Israeli gamers may occasionally face software limitations. They will not, however, be barred from betting on sports or casino games.
Will I face a fine if I gamble on sports in Israel?
Fines are provided for under the Penal Code, but they are rarely imposed on gamblers who wager online.
Is it difficult to sign up for a sportsbook in Israel?
It is simple to sign up for a sportsbook in Israel. The procedure is straightforward and will just take a few minutes. You must provide your details as part of the process.