Cyprus Betting Sites 2025: Best Sportsbooks & Online Betting Options

Sports betting is booming in Cyprus, with plenty of international platforms available alongside local options. The challenge? Finding out which ones are truly safe, fair, and rewarding.

In this guide, we cut through the noise and show you the best sports betting sites for Cyprus in 2025 — including bonuses, payments, mobile play, and legal details.

Whether you’re new to betting or looking for a better site, here’s everything you need to know.

Best Betting Sites for Cyprus: Sportbooks, Casino & Co.

Choosing the right platform makes all the difference — from getting better odds to enjoying smoother payouts.

Below you’ll find our top picks for betting sites in Cyprus, covering both sportsbooks and casino options. Each one has been tested for safety, bonuses, and ease of use.

Important: Some of our recommended platforms focus on online casino games, but all listed options also feature a huge dedicated sports betting section with their own bonuses. For example, at Megarich you can simply switch to the Sportsbook via the main menu.

How We Tested Cyprus Betting Sites

Not all betting platforms deliver the same experience. To separate the good from the bad, we ran real tests with a Cyprus-based IP, making deposits, claiming bonuses, and trying withdrawals. Our evaluation focused on the factors that matter most for local players — speed, fairness, usability, and support.

How to Pick a Cyprus Betting Site — 7 Must-Have Criteria

Not every sportsbook or casino targeting Cyprus players is worth your trust.

To avoid frustration and wasted money, here are the 7 key factors we recommend checking before you sign up:

Bonus Offered by the Best Cypriot Betting Sites: What to Expect and Look Out for

Bonuses are one of the main reasons players choose one betting site over another. From generous welcome packages to weekly reloads and cashback, promotions can add real value — but only if the terms are fair.

Below, you’ll find an overview of the most common bonus types offered by top Cyprus betting sites.

Welcome Bonus

The welcome bonus is usually the headline offer every betting site in Cyprus uses to attract new players. In most cases, it’s either a deposit match (for example, 100% up to €100 or €200) or a free bet package where you receive a risk-free stake once you’ve placed your first wager. Some operators also combine the two by adding casino free spins alongside the sportsbook credit.

When claiming a welcome bonus, the key things to look out for are:

• Wagering requirements: A €100 bonus with a 30x rollover means you must bet €3,000 before you can withdraw winnings. Always check the multiplier.
• Minimum odds: Free bets or bonus bets are often limited to odds of 1.5 or higher — making it harder to “grind” the bonus on very safe bets.
• Expiry dates: Most welcome bonuses expire within 7–14 days, so plan your betting activity accordingly.
• Stake vs. winnings: Some free bets return only your winnings, not the stake itself — so a €20 free bet at 2.0 odds may only give €20 back, not €40.

💡 Example:

If a site offers a 100% up to €100 bonus, and you deposit €100, you’ll start with €200 in total. To clear a 25x wagering requirement, you need to bet €2,500 before cashing out. On the other hand, if you only deposit €20, you’ll get €40 in total but need to wager €500 — which might be more manageable for casual players.

Free Bets & Risk-Free Bets

Free bets are one of the most common promotions on Cyprus betting sites. They typically work like this: once you place a qualifying bet — often €10 or more at minimum odds of 1.5–2.0 — the site rewards you with a free bet token of the same value.

The important detail: the stake of a free bet is not returned. For example, if you use a €20 free bet on odds of 2.0, you’ll only receive €20 winnings, not €40. That makes free bets less valuable than deposit-match bonuses, but they’re still a low-risk way to try a site.

Risk-free bets are slightly different. Here, if your first bet loses, the bookmaker refunds your stake — usually as bonus money or site credit. It’s a safety net for new players, but you’ll often need to wager the refunded amount before it can be withdrawn.

💡 What to look out for:

• Minimum odds requirement (can be restrictive).
• Whether refunds are cash or bonus funds.
• Expiry time (some free bets last only 7 days).

These offers are best for casual players who want to test the waters without risking much upfront.

Reload Bonuses & Weekly Offers

Reload bonuses are designed to keep existing players active after the welcome phase. Instead of a one-time offer, you’ll often find weekly or even daily reloads — for example, 50% up to €50 every Friday or 20% up to €100 mid-week. Some sites also pair reloads with free bets or casino spins.

These offers can be valuable if you’re a regular bettor, but the key is to check the fine print:

• Wagering requirements: Often between 20x and 35x for sports bonuses.
• Activation rules: Some reloads require an opt-in code or minimum deposit (e.g., €20).
• Frequency: Not every site offers reloads consistently; the best ones make them a standing weekly perk.

💡 Example:

A site offers “20% up to €100 every Wednesday.” If you deposit €50, you’ll receive €10 extra. With a 25x rollover, that means wagering €250 in bets before you can withdraw the €10 bonus. The reward isn’t huge, but for players who deposit regularly, it helps stretch the bankroll.

Cashback & Loyalty Programs

Cashback is one of the fairest bonus types you’ll find on Cypriot betting sites. Instead of boosting your deposit with strict rollover, cashback gives you a percentage of your net losses back — often daily or weekly. Typical rates range from 5% to 15%, and the wagering on cashback is usually very low (1x–3x).

Some platforms also tie cashback to VIP programs: the higher your tier, the more you get back. In addition, loyalty schemes may award points for every bet you place. These points can be exchanged for free bets, bonus money, or even physical rewards.

💡 Example:

If you lose €200 in a week and your site offers 10% cashback, you’ll get €20 back — often credited automatically. With just 1x wagering, you only need to bet €20 before cashing it out, which makes cashback much more player-friendly compared to traditional bonuses.

👉 Loyalty programs also matter: consistent betting can unlock exclusive reloads, faster withdrawals, and dedicated support — perks not visible to casual players.

Online Betting: What Payment Options Are Being Offered?

Smooth and reliable payments are essential for any betting site in Cyprus. The best platforms support a mix of traditional methods (Visa, Mastercard, bank transfer), e-wallets (Skrill, Neteller, Jeton, Revolut), and increasingly cryptocurrencies (Bitcoin, USDT, Ethereum).

What sets the good sites apart is speed and transparency. Deposits should be instant and free of extra charges, while withdrawals should arrive within hours if you’re using e-wallets or crypto. Bank cards and wire transfers may still take several days.

Deposits

Depositing into a Cyprus betting site is usually quick and straightforward. Most platforms support instant funding via Visa, Mastercard, Skrill, Neteller, Jeton, Revolut, and crypto wallets. Paysafecard is also a popular option for smaller top-ups, though it can’t be used for withdrawals.

The key things to check are the minimum deposit amount (typically €10–€20) and whether the bookmaker charges any processing fees. Reliable sites never add hidden costs, while shady ones might. Another point: if you plan to withdraw later, always deposit with a method that also supports cashing out (for example, avoid Paysafecard if you don’t have a backup).

💡 Pro tip: Some Cypriot banks can be strict with gambling transactions. Using e-wallets or crypto helps avoid blocks and ensures faster access to funds.

👉 Here’s how the deposit process usually works:

1. Log in to your betting account and go to the Cashier / Deposit section.
2. Select your preferred payment method (card, e-wallet, or crypto).
3. Enter the deposit amount (at least the site’s minimum).
4. Confirm the transaction — e-wallets and crypto are instant, cards may take a bit longer.
5. Your funds will appear in your betting balance and can be used right away.

Withdrawals

Cashing out is where many betting sites in Cyprus separate themselves from the rest. While deposits are almost always instant, withdrawals can vary widely depending on the method you choose.

• Fastest options: E-wallets (Skrill, Neteller, Jeton) and crypto (BTC, ETH, USDT) usually pay out within a few hours once your account is verified.
• Slower options: Bank cards and wire transfers can take anywhere from 2 to 5 business days.
• Limits: Most sites set minimum withdrawals at €20 and maximums around €2,000–€5,000 per transaction, unless you’re a VIP.
• KYC check: Before your first withdrawal, you’ll need to complete identity verification (upload ID + proof of address). Good sites approve this within hours; slow ones may delay for days.

💡 Tip: Always use the same method for deposits and withdrawals if possible. This avoids delays and is often required by the betting site for anti-fraud reasons.

👉 Typical withdrawal steps:

1. Go to the Cashier / Withdrawal section in your betting account.
2. Select the payment method you used to deposit (or an approved alternative).
3. Enter the amount you want to cash out.
4. Submit the request — the site may process it instantly (e-wallet/crypto) or within a few days (bank cards/transfers).
5. Once approved, funds are transferred to your account.

Mobile & UX: Betting on the Go in Cyprus

In Cyprus, mobile betting isn’t just an extra feature — it’s how most players actually place their bets.

Football matches, tennis tournaments, or quick in-play wagers often happen while you’re on the move, and a clunky mobile site can ruin the experience.

From our own testing with a Cyprus-based connection, we noticed clear differences:

• Top-tier sites loaded quickly on both iOS and Android, with odds and bet slips updating instantly even on 4G. Live betting markets were responsive, and we could place a bet in seconds without errors.
• Weaker sites sometimes lagged, froze during peak matches, or required endless scrolling to find the right market. On a few, confirming a live bet took so long that the odds had already changed.

We also tested the cashier on mobile. The best platforms made deposits and withdrawals seamless — just a couple of taps with Skrill, Neteller, or Revolut, and funds were ready to use. On slower sites, the cashier wasn’t fully optimized for smaller screens, which meant awkward zooming or failed transactions.

Our takeaway: a good mobile sportsbook in Cyprus should feel like a native betting app, even if you’re just using the browser. Fast menus, clear bet slips, instant updates, and an easy cashier are what separate the top sites from the rest.

Are Online Betting Sites and Casinos Legal in Cyprus?

Yes — but the situation is more complex than it looks at first glance.

Cyprus has its own Betting Law, which regulates sports betting through the National Betting Authority (NBA). Licensed operators can legally offer online sports betting to Cypriot players. You can verify whether a bookmaker is officially recognized by checking the National Betting Authority’s register.

However, there are a few important points:

• Sports betting vs. casino games: The law allows licensed online sports betting, but online casino games (slots, roulette, blackjack) are restricted. These are only available in land-based venues like the City of Dreams Mediterranean Casino in Limassol. Despite this, many offshore casinos with EU-friendly licenses still accept Cypriot players.
• EU and Curacao licenses: International betting sites operating under a Curacao or MGA (Malta Gaming Authority) license are accessible from Cyprus and widely used. While not locally regulated, they provide legal access for players and are generally safe if the operator is reputable.
• Player responsibility: Cypriot players are not penalized for using international sites. The responsibility lies with operators, not individuals. Still, it’s best to stick with licensed and recognized platforms.
• Taxation: Winnings from betting may be subject to taxation. According to Cypriot law, a 10% tax applies on net betting winnings (after deducting stakes). More details can be found on the Tax Department of Cyprus website.

Our experience: We tested both locally licensed sportsbooks and international EU-licensed sites. The biggest difference was in payment handling — local sites process bank transfers more smoothly, while offshore platforms tend to be faster with e-wallets and crypto. Both worked reliably, but international operators usually offered more betting markets and better odds.

In short: sports betting is legal in Cyprus if the bookmaker holds a license, and many international platforms also serve players safely under EU or Curacao regulations. Always check a site’s license status before depositing.

Conclusion: Cypriots Love Sports Betting – A Lot

Betting online in Cyprus has never been easier, but not all platforms deliver the same value. The best betting sites combine fair bonuses, fast payouts, and a smooth mobile experience with a valid license and solid player protections.

From our testing, e-wallets and crypto gave the fastest transactions, while international sportsbooks often offered broader markets and better odds compared to local operators.

If you’re looking to get started, stick to the sites we’ve highlighted as safe and reliable. Always check the license, read bonus terms carefully, and choose payment options that work best for you. With the right bookmaker, betting in Cyprus can be both secure and enjoyable.

FAQ: Frequently Asked Questions for Betting in Cyprus