Best Betting Sites in Norway
Norway is located in Western Europe bordering Russia, Finland, and Sweden. Norway ranks firs based on the standards of living, education, and life expectancy. In fact, according to the UN, Norway is one of the best countries to live in.
Many social benefits coupled with high wages means that Norwegian citizens have a lot of money to spend on whatever they desire. When it comes to sports betting, estimates indicate that close to 30% of the adult population take part in sports betting at least once a week.
With the hope of profiting from sports betting, now, there are plenty of international sports betting operators offering their services to Norwegian citizens. All this is happening despite the government’s effort to protect the country’s state-run gambling monopoly of Norsk Tipping.
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5 things to be aware of before betting in Norway
- Besides Norsk Tipping, there’s no any other bookmaker with a Norwegian Gaming Authority license.
- Access isn’t limited to Norsk Tipping only. Players willing to access foreign sites can do so if they wish.
- Local citizens are by law required to declare winnings realized on foreign bookies.
- Most bookies in Norway accept Norwegian Krone as a form of standard currency. Also, many of them offer their services in Norwegian language.
- All brick-and-mortar casinos in Norway operate under the watchful eye of Norsk Tipping. Norsk Tipping holds the rights to offer online sports betting licenses.
Best 3 Betting Sites in Norway
There are plenty of online sports betting sites in Norway, all trying their best to outwit each other by offering their customers stellar sports betting services. Unfortunately, though, not all of them are who they say they are.
Some of them are on the record for leaving players with an unpleasant online sports betting experience. But we established 22BET, 888sport, and bwin to be the best in business so far. All of them offer their players high odds, regular promotions, and several secure banking options.
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How online sports betting sites in Norway work
Just as most countries based in the Nordic region, the sports betting landscape across Norway is interesting. It’s a division between unsteady state-enforced sports betting monopoly and international-based bookies. These foreign bookmakers offer their services freely without the fear of persecution.
A decade ago in 2010, matters to do with sports betting in Norway changed significantly. The Norwegian Gaming Authority did attempt to prevent unlicensed sites from operating through the implementation of measures aimed at blocking certain banking methods.
But unfortunately, there was no goodwill by both the government officials and payment institutions to adhere to these measures. For this reason, Norske players continued depositing and wagering on their favorite bookies. The Norwegian sports betting landscape is largely under the domination of foreign-owned bookies such as Bet365 and 10bet.
Betting on Norwegian-based bookies
The absence of taxes coupled with the compliance of sports betting requirements, is an aspect that sees Norwegian sports betting enthusiasts enjoying some of the highest odds. This comes with constant promotional offers, especially those that foreign sportsbooks offer.
Unfortunately, though, Norway isn’t a member of the European Union. For this reason, players betting from Norway aren’t under full protection of the European Union consumer protection laws. Much worse, they can’t launch appeals to the European Court of Justice in the event of bookmaker fraud. But many Norwegian punters are aware of such hazards, with plenty of them choosing to play at licensed bookies.
Bookmaker competition for Norwegian players
Relaxed sports betting laws and many sports betting lovers are big reasons as to why plenty of bookies choose to enter Norway’s sports betting industry. Reputable brands are now targeting Norwegian players like never before.
With such, fierce competition is evident among bookies with local bookies such as Nordicbet No, Unibet, and Betsson Norge, all engaging in fierce competition to attract customers. Initially, foreign bookmaker competition in Norway came under some threats.
At once, the Lotteri og Stiftelsestilsynet attempted to ban them from engaging in any form of advertising. But this was not to last for long. Lax Norwegian government controls meant that bookmaker competition could thrive. That’s the case even up to today.
Banking options available for Norwegian players
In 2017, Norway’s Regulatory Authority blocked all payment methods used by local banks. However, the local market did respond by immediately transitioning to online payment methods such as e-wallets. This aspect witnessed the sharp use of payment options such as Neteller, Skrill, Boku, and virtual cards.
Additionally, there was an unprecedented rise of locally accepted payment options such as BankAxept and Avtalegiro. Today, Norwegian players willing to fund their accounts enjoy plenty of banking options available to them.
Norwegian betting sites that accept the Krone
Its frustrating signing up with a betting site that doesn’t accept the local currency. Unfortunately, this is the case with many sports betting sites across the globe. Mostly, many foreign-owned sports betting sites don’t accept local currencies. Many players find this somewhat frustrating.
The same is true when it comes to the Norwegian sports betting industry. There are several bookies across the country that doesn’t accept Norwegian Krone. But there are those that accept deposits and withdrawals in Krone. Some of them include Unibet NO, Betsson, and Nordicbet. Also, 1xBet is another bookmaker that accept Norwegian Krone.
Of importance to note is that sites that accept the Norwegian Krone when depositing call for the same method when withdrawing any winnings. For example if you funded your account via Neteller, then you must use Neteller to withdraw or cashout your winnings.
New sports betting sites in Norway
As indicated earlier, gambling and sports betting in Norway is an activity that any sport lover is free to enjoy. Norwegian sports betting laws are somewhat fair and relaxed. Any operator (local or international) with the intention of penetrating the country’s sports betting industry can do so freely.
Due to Norway’s relaxed sports betting laws and increased number of sport betting lovers, new sports betting sites are now seeking licenses to operate in Norway. Now more than ever, new online sports betting sites are mushrooming on almost a daily basis. While there are plenty of established names in the industry, some are new to the scene.
Established names include Bet365, Betway, Ladbrokes, and 1XBet. However, new ones that have managed to enter Norway’s sports betting industry include brands such as Redbet, Comeon, and MANSIONBET, to mention but a few. These are but a few new sports betting sites that are offering fierce competition to old and established brands in Norway.
Bookspy’s remarks
Just like its neighbors, Norway has attempted to strike a balance between its social heritage and a liberal approach when it comes to sports betting in the country. Unlike before where all sorts of gambling and sports betting was punishable by law, such is not the case as of today.
Now, all forms of gambling and sports betting in Norway are under regulation. Norwegian players are at will to engage in any form of sports betting with their favorite bookies without the fear of persecution. Of importance to note, though, for Norwegian punters is that they lack protection if they register and play at unlicensed bookies.
Norway should borrow from Denmark if it wants to ensure that it fosters a favorable sports betting environment. Denmark has one of the strictest, but fair licensing systems in place. The Norwegian government needs to borrow a leaf from Denmark
Top betting sites in Norway
There are many sports betting sites in Norway with a license to operate. While almost all of them claim to be the best in business, examined closely, that’s not the case.
Most of them aren’t who they say they are at all. Are you in the market for the best betting sites in Norway to register with and begin playing? The following are some of the best ones that accept Norwegian players:
- MELBET – here, you’ll find more than 200 live events daily and more than 160 alternative in-play bets.
- Bettilt – there are many outrights and special bets here.
- Bet365 – this bookie offers several Asian handicap markets and more than 150 sports on top leagues.
- 1XBET – at 1XBet, players can wager on more than 1,000 live matches daily and place bets on more than 50 sporting events.
- Rolletto – here, players get the assurance of 95%+ on tennis, and alternative spreads on basketball.
- 888sport – 888sports has more than 40 sports for players to bet on, a Bet Builder, and 10,000 live events monthly.
- 22BET – here, players get the assurance of more than 1,000 live events daily, cashout, 95% payout on top leagues.
- Bwin – at bwin, players can bet on more than 50 sports in addition to a chance to bet on cards and corners.
FAQ:
- Is online sports betting legal in NorwayAll forms of online gambling are under the consideration of being illegal in Norway. For this reason, the government has in place an environment that’s less welcoming, especially to online bookies.
- Are there other bookies that don’t accept Norwegian players?Based on a tightly regulated jurisdiction, some bookies are under the prohibition not to accept players from Norway. However, with the internet and everything, it becomes hard to block them.
- Does Bet365 accept players from Norway?Absolutely! If you reside in Norway, you can wager comfortably at Bet365. Many Norwegians already play here. There’s no need to worry when playing here.
- Are offshore online bookies licensed?Caution is the word here. Before you sign up with them, ensure that they have a licensed to operate. This way, you’ll ensure that you work with reputable firms.
- Is reading the terms and conditions of a site that accept Norwegian players a waste of time?No. In fact, you’ll be doing yourself too much justice by doing that. You’ll get to know important information about the site before signing up.