Best Betting Sites in Israel

Israel bettors are fortunate to have many bookmakers offering the opportunity to punt online. They are among the most respected betting sites online and offer Israelis a diverse range of unrestricted services. When registering with an online bookie, consider our list of the top 5 best bookmakers in Israel.

Best Bookies in Israel Ranked & Reviewed

1. Stake.com – Number 1 bookie for Israel
2. Pinnacle – Great odds and sports markets
3. MyStake – Lots of bonuses and high odds
4. 1xbit – Crypto bookie and casino
5. Megapari – Awesome odds payout percentages

Let’s now take a closer look at the leading betting sites in Israel for 2024.

Stake

As one of our best Israeli bookmakers, Stake.com has become a favourite betting destination for Israeli punters. The bookmaker has built its reputation on trust and is known for processing billions in bets every year. Stake.com also comes equipped with a superior interface and features thousands of sporting events like soccer and basketball. The operator also features multiple fixtures for live betting events, and with live streaming, coverage is exceptional.

Another compelling reason for Stake.com’s success is they’re being the official betting partner of UFC and Watford Football Club. As the official partner, punters at Stake are guaranteed access to the latest UFC and football betting events. Moreso, they offer exceptional match betting markets, improved odds for live betting, and many other features. In addition to sports, Stake offers an outstanding casino, live casino and player incentives.

Pinnacle

Another of our top bookmakers in Israel, Pinnacle Sports, is a shining example of what it takes to excel as a bookmaker. The Pinnacle betting platform has been a fixture in the online sports betting market since 1998 and continue to rank high. Pinnacle delivers hundreds of daily fixtures for pre-match and live betting as a leading bookmaker. They are known for their competing odds for sports like soccer, tennis and basketball. That generosity is extended to their esports and virtual sports betting platforms, and likewise, the remainder of their 20+ sports.

However, if you love betting on casino games, you will be equally impressed with the available options for gaming. The Pinnacle casino is an extension of their sports platform and appropriately features a wide selection of casino games. With live dealer games being a featured part of their casino platform, slots and table games complement the more than 2.000 slots.

MyStake

Mystake is an online bookmaker that promises the highest odds and the most generous welcome bonus for sports bettors. Local customers can see for themselves that this is a decent bookmaker indeed. Given the limited number of sportsbooks accepting Israeli players, opening a MyStake account is a wonderful way to fuel your sports betting passion and enjoy the best possible returns.

1xbit

As a Russian bookmaker, this site has seen itself rise to levels others in the betting industry envy. The rapid rise in the sports betting market has resulted in 1xbit having a global presence. While mostly seen as a European crypto bookie, 1xBit has a strong Israel presence and includes coverage for 36 sport types. Their live betting comes equipped with an equal number of markets and includes live previews and a multi-live feature.

However, one of 1xBit’s greatest achievements is the extensive features punters can avail. Along with options for mobile apps, the bookie includes statistics, post-match and live results. In addition, 1xBit exceeds expectations by including virtual sports, esports, casino, poker and lotto. The combination is one seldom delivered by other crypto bookies and one that includes untapped potential. As compelling as this is, what really sets 1xBit apart is its rapid payments, options for Toto betting and bitcoin deposits.

Megapari

The last brand on our list has seen its status as one of the best betting sites in Israel increase since opening in 2019. As one of the top betting sites operating in Israel, MegaPari is known for offering everything Israelis need for sports betting. For starters, that begins with a top-notch sportsbook featuring over 50 sports and a supportive live betting platform. The live betting platform comes appropriately designed with player-preferred features such as a results page, statistics and multiple odds formats. The sportsbook and live section also include options for the top championships and matches, all of which are mobile-friendly.

Besides the sports disciplines available and the superior interface qualities, MegaPari features a casino, TV games, esports and a live casino. The esports are of particular interest as they include CS: GO and Dota2 events. The live casino is packed with over a hundred live dealer games, while the casino is extraordinaire. Here you will find almost every type of game represented by some of the best suppliers in the business.

Picking the Best Israeli Bookmakers

When picking the best betting sites in Israel, it is important to consider certain criteria. To ensure you pick the best online bookies in Israel, here is a list of things you should look for:

• Markets – The best betting sites in Israel offer bettors a wide selection of markets. Take time to evaluate the markets for the sports you punt most frequently.
• Odds – The odds a bookie offers has an impact on profits. When selecting from our list of top bookmakers in Israel, make sure the bookie offers competitive odds.
• Live Betting – Live betting is key to an effective betting strategy. Make sure the bookie includes the option for live betting.
• Live Streaming – Next to live betting, live streaming is a major feature for most punters. When selecting a bookie, verify if they offer live streaming.
• Bonuses – The best betting sites in Israel offer a wide range of bonuses to complement their betting platforms. Only chose Israeli bookies with competitive bonuses and promotions.
• Cash-out – The cash out is an important feature that should never be overlooked. This feature lets you cash out your bets in advance of an events conclusion.

Gambling in Israel at a Glance

Unlike some countries, gambling in Israel is an often debated topic that leaves punters with limited options. The 1977 Israeli Penal Law is outdated, and all but bans every form of gambling in the country except for sport and lottery betting. Worse, the law fails to mention online betting, nor has it been updated to clarify the legality of online betting.

Unfortunately, that matter has been left to the courts to determine its legality based on the outdated.

1977 Penal Law. Essentially, the courts ruled the Penal law applies to online betting and resultantly, the government introduced “Powers to Prevent Offenses through an Internet Site” law. This was put in place to give authorities the ability to restrict online betting sites.

However, this is a grey area as many betting sites operate freely in Israel without the risk of punitive action. The same applies to punters, although Israeli law has fines and possible imprisonment provisions.

• Currency: Israel Shekel
• Population: 9.217 million
• Active Players: Unknown
• Designated Authority: Ministry of Finance
• Regulated Gambling Products: Sports betting, bingo, horse racing, lotteries
• Types of Operators: Licensed bookmakers, offshore operators

Did you know that?

• The state of Israel only has two legalized forms of gambling, the national lottery and sports betting.
• Israel has a thriving gambling industry whose 170+ companies employs over 4,000 people.
• Offshore gambling in Israel is estimated to be worth $3.5 billion per year.

First Steps to Betting in Israel

If ready to begin betting online, here are the first steps to betting in Israel you need to get started. Be sure to follow each step carefully.

1. Choose a bookmaker from our list of approved Israel bookies.
2. Register an account and confirm your email address
3. Fund your account using one of the available funding methods.
4. Select a market and compare the odds.
5. Choose your stake.
6. Submit your betslip.

Things to Consider – Gambling in Israel

The Israeli gambling sector is an interesting landscape that consists of a thriving private sector and limited legalized gambling. On one hand, the private sector employs over 4,000 people by some of the worlds most successful betting companies. On the other, the state of Israel deems most forms of betting illegal.

While this may seem contradictory, there are some things to consider about betting in Israel. Here are a few worth considering:

Is it allowed to bet online in Israel?

The only forms of legalized betting in Israel is sports betting and lotteries. Beyond the two, betting in Israel is illegal.

Do bookmakers restrict Israeli bettors?

The majority of bookmakers operating offshore in Israel do not restrict Israeli bettors. However, Israelis may be restricted from accessing certain gaming software due to the geographical licensing limitations.

Are winnings from betting taxed?

All winnings resultant from gambling activities are taxed by the state of Israel depending on the amount won. The maximum taxation rate is 35%, but this amount is reduced on winnings ranging between ISL 30,361 and ISL 60,720, while wining under ISL 30,360 are fully exempt from paying taxes.

Top Betting Offers & Specials

The best Israeli bookmakers are known for their generosity when it comes to top betting offers and special promotions. One of the most common offers made available to Israelis come in the form of welcome bonuses and free bets. In addition to welcome bonuses and free bets, exclusive bonuses and VIP rewards are also common.

How Popular is Sports Betting in Israel?

Israelis are known for their love of sports betting and for supporting their local and national sports teams. As a nation that has such a unique cultural background, the popularity of sports betting in Israel is not surprising. Here is a list of those most popular:

• Soccer
  Soccer is the leading sport for popularity, live streaming and betting in Israel. It has attracted the greatest attention for decades, with many soccer events attacking crowds of 20,000 or more.
• Basketball
  Basketball ranked as the second most popular for live betting in the nation. Its popularity if partly fueled by the countries success in European competitions such as the EuroLeague.
• Tennis
  In recent years, tennis has grown into a popular sport for betting, resultant in Israeli tennis players competing on the world stage. This includes Andy Ram and Yoni Erlich winning the 2008 Australian Open Doubles competition.

Are Online Casinos Common?

Due to land-based casinos being illegal, it is difficult to determine how common online casinos are common in Israel. However, while the Israeli government activity blocks ISP’s from online casino sites, many are still prevalent. It is also estimated that online betting in Israel is worth in excess of $3.5 billion. That suggests that online casinos are common, and more importantly, Israelis actively engage in online casino activity.

Deposits, Withdrawals & Currency

The best online bookies in Israel offer multiple convenient deposit and withdrawal options. The most convenient of those offered include e-wallets and cryptocurrencies, as they provide Israelis a higher degree of privacy.

Additionally, banking laws in the country follow strict guidelines when facilitating online gambling transactions. Therefore, bank transfers are not an option, although most offshore betting sites accept prepaid cards. Unfortunately, not all betting sites accept the Shekel and often will convert transactions into euros.

Mobile Wagers

Mobile wagers are a frequent preference for punting in Israel. The best Israeli bookmakers like 1xBit, Pinnacle, 22Bet, Stake and Unibet all offer mobile betting apps. They also allow Israelis to open an account via a mobile website and provide a great alternative. Both offer many options for mobile wagers and include various mobile betting features.

Number 1 Site for Betting in Israel

The number 1 site for betting in Israel is Stake. With Stake, bettors have access to a broad selection of markets and sport types and are able to enjoy a wide range of features. As part of the stake platform, bettors have access live betting and can view live streams for major events.

Another reason that makes Stake the number 1 betting site in Israel is their competitive odds, sponsorships and promotions. As a leading crypto betting site, Stake also delivers a full casino experience packed with live games and exclusive features. The combination makes Stake a leading choice for Israelis who value quality and privacy.

Final Words

While the legalities surrounding online betting sites in Israel remain somewhat unclear, its presence is undeniable. Israelis have the unique opportunity to access multiple high-quality betting sites and an equal number of betting services. While it is unlikely they’ll never have legalised online gambling, the industry in Israel is substantial, which tends to result in the government turning a blind eye to online gambling.

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