Conversely in the Turkish north, there are a dearth of casinos in operation. This legislation caused a shift in approach by the Turkish casino operators who relocated to northern Cyprus, due to its status as an unrecognised territory. As such it became a new gambling haven for Turkey and the Middle East due to the laid back gambling laws, and quickly developed into a holiday destination. Furthermore, since , Greek Cypriots have been able to cross the Green Line to the north of the country and as such the Turkish Cypriot betting market has been inflated further.
As online betting has grown since the turn of the millennium, betting companies have explored every possible avenue in order to minimise their costs and derive a competitive advantage. Furthermore, certain firms may not meet the requirements of the countries where their business originated and as such have to relocate.
In the government tried to address the problem of unfit betting firms operating out of the country, and the regulation they implemented went some way to controlling the proliferation of new bookmakers. Although there was some improvement in terms of the number of rogue companies basing themselves in Cyprus, the authorities saw further need to provide regulation to control what their citizens gambled on, and they introduced the Betting Act , which regulated fixed sports betting and lotteries, but banned all other forms of internet gambling, with casino style games such as roulette and poker the main casualties.
On top of the casinos being banned, sports betting exchanges were also outlawed, as they allowed live gambling. Betfair challenged this ruling, believing it to be unlawful and they continue to offer their services to Cypriot citizens. In reality, Cypriot bettors will have no trouble finding a bookmaker who is willing to accept their bets and it is easy to circumvent any restrictions by using a Virtual Private Network VPN. The majority of the established firms are happy to accept sign-ups from residents of the country.
Some of the most popular bookmakers used by Cypriots include:. Greek and Turkish are naturally the two most commonly spoken languages in the country. More bookmakers translate their pages into Greek than Turkish, but there are still plenty of sportsbooks such as Betfair and Marathonbet who also offer language translation suitable for those in the northern part of the island.
All of the bookmakers accept Euros as a currency. As Cypriots have access to all of the big bookmakers, their deposit options are vast. Some of the main methods to fund accounts include:.
E-wallets are probably the safest and fastest payment methods to use, as bettors can quickly transfer their funds between betting accounts. As an island formerly under British rule, it comes as no surprise that football is the most popular sport in Cyprus. The Cypriot Football Association has been overseeing events since , and the Cypriot First Division is the top standard of domestic competition, with a mix of professional and semi-professional clubs.
Sports betting has been one of the gambling categories that Cypriots have been able to wager on for many years. Online sports betting was officially legalized in and now punters have an unbelievably wide range of options for sports gambling. Betting on sports is the only legal online gambling platform. All other online gambling in Cyprus is illegal and these rules are strictly enforced.
When it comes to choosing a top-rated online bookmaker that offers welcome bonuses and attractive ongoing bonuses for existing players , Cypriot punters have a huge number of excellent options. It is well-known that some punters would rather have cash bonuses and there is no shortage of these. There are so many more bonuses and free bets that are easily found at Gamblingjudge.
Check out our promotions section to find a reputable bookie and the best and latest bonuses. Remember to read the terms and conditions that apply to these bonuses and be sure to read our in-depth sportsbook reviews. There is a lot of helpful information here that will assist you in finding the best bookmaker.
Cyprus betting sites and bookmakers. Cyprus Betting Sites and Bookmakers. Play with the best bookmaker for Cyprus Dozens of bonuses are waiting. Visit the bookmaker here.