The Icelandic Premier League is the top professional football division in Iceland.  Despite the nation's small population, the quality of this league has helped to foster one of the most successful periods in history for the Icelandic national football team.  OddsJet compares Icelandic Premier League odds from several reputable online sportsbook companies that serve customers in Norway and offer NOK accounts.  This allows OddsJet to display the best odds for every match on the schedule and to maximize potential returns for Norwegian bettors.  Users can toggle between 1X2 match odds as well as Double Chance odds.  Once you have determined which provider has the highest potential payout for your selections, you may then wish to see if they offer new customer Norway bookmaker bonus offers.

Icelandic Premier League Odds Explained  

1X2 Match Betting

This is the most popular betting market for Iceland’s top football division.  Here, one is simply wagering on the Full-Time result of a given match: 1 – a Home Win, X – a Draw, 2 – an Away win.

Double Chance Betting

This is a variation of typical 1X2 match betting whereby one selects any two of the three possible outcomes: 1,X – Home Win or Draw.  X,2 - Draw or Away Win.  1,2 - Home Win or Away Win.  This allows for a hedging of one’s bet.  In doing so, the odds will be lower than for a typical 1X2 match result odds.

Icelandic Premier League odds expressed in American, Decimal and Fractional formats

For American odds format, there are two sets of expressions to remember, but both revolve around the figure of NOK 100. First, negative numbers express how much one needs to wager in order to win a profit of NOK 100.  When the odds are below even-money, one will see a negative number.  An example would be Stjarnan to win at -320, which means that one would need to stake NOK 320 in order to win a profit of NOK 100, for a total return of NOK 420.  If you only wanted to bet NOK 50, your potential profit would be NOK 15.63.  When the odds are above even, American odds format displays a positive figure which expresses how much one could win when NOK 100 is staked.  For example, match odds of +350 for a draw means that a stake of NOK 100 wins NOK 350 in profit for a total return of NOK 450. 

For Decimal odds format, the odds express the full amount that will be returned on your wager including the stake amount.  Simply multiply the odds by the stake. For example, if Valur is listed to win at 1.67, a NOK 100 bet would return a total of NOK 167 including your stake, so the profit is NOK 67.  A draw with decimal odds of 3.45 would return NOK 345 on a bet of NOK 100. 

For Fractional format, the odds express the amount of profit that will be returned on a wager.  So for example, with a wager of NOK 100 and odds of 4/9 (said four-to-nine) on FH to win, one would see a profit of NOK 44.44 (100 X 4/9) plus the stake for a total return of NOK 144.44.