Online Sports Betting in Israel
The Law for the Regularization of Sports Betting 5727-1967 established the Israel Sports Betting Board (ISBB), providing it with the exclusive rights to organize sports betting in the country. As of May 2019, there are two games offered by the ISBB: Winner, which is a daily sports betting; and Toto, a weekly betting game. As a consequence of the law, the ISBB also has the only online sportsbook sites in Israel.
|Is online sports betting legal in Israel?||Yes.|
|Are sports betting sites in Israel trustworthy?||Yes.|
|Can I deposit via PayPal/Neteller/Skrill?||Yes.|
|Do online sports betting sites accept ILS?||Yes.|
Online Sports Betting Laws in Israel
Other than the ISBB, Article 12, section 224 of the Israeli Penal Law 5737 from 1977, prohibits “any arrangement under which it is possible to win money, valuable consideration or a benefit, the win depending on some guess, including lotteries connected to the outcomes of games and sports competitions”.
The ISBB started by offering football betting only, but it soon expanded to other activities. Even though betting on horse races from the UK and Ireland was permitted for a certain period, they have since been made illegal. The license held by the organization is perpetual.
Unlike the lottery, the ISBB has an online platform, allowing Israelis to place bets online. Nevertheless, it is still possible for them to access offshore websites that offer better odds and a wider variety of sports, such as Betsson where they can also claim some of the best online sportsbook bonuses and online sportsbook promotions.
Online Sports Betting Payment Methods in Israel
There are several ways through which Israeli bettors can deposit and withdraw winnings. Naturally, these are all transparent and legitimate so that operators are able to keep running safe platforms. In this way, the credit and debit cards of VISA and MasterCard are commonly accepted, but there are alternatives that are as efficient, such as Skrill, Neteller or PayPal. More information is available on the online sportsbook reviews directory.
Online Sports Betting Sites Accepting ILS
As the only licensed website is Israeli, it is possible for players to place bets on online sports betting sites accepting ILS. This way, citizens don’t have to pay conversion fees and are able to control better their accounts.