The hosts are on a three-match unbeaten run but our tipster believes that they will face a stiff test against Lars Lagerback's side in Cardiff on Wednesday evening
Chris Coleman's side are unbeaten in their last three matches and will be keen to extend their unbeaten run to four when they face Lars Lagerback's men at the Millennium Stadium.
Iceland narrowly missed out on a place at World Cup 2014 after suffering a 2-0 aggregate defeat against Croatia in the play-off round and are likely to provide a stiff test for Wales here.
Nevertheless, the hosts are chalked up as 21/20 (2.05) favourites with William Hill to enjoy a morale-boosting victory on home soil.
The visitors are available at an appealing 11/4 (3.75) with William Hill to claim victory in Cardiff while the same firm go 11/5 (3.20) the Wednesday's tussle ends all square.
Gareth Bale has been in superb form for Real Madrid in recent weeks, notching five goals in his last nine matches for the Spanish giants, and the 24-year-old is good value at 7/2 (4.50) with William Hill to break the deadlock.
Those looking to back Bale may also be tempted by William Hill's generous "headline offer" quote of 2/1 (3.0) for the former Tottenham star to net at any time in a victory for Wales.
Bale's former Spurs team-mate, Gylfi Sigurdsson, is likely to line up for the visitors on Wednesday and the 24-year-old can be backed at a juicy 10/1 (11.0) to net at any time in an Icelandic triumph as part of another "headline offer" from William Hill.
Sigurdsson has been largely frozen out at White Hart Lane under the stewardship of Tim Sherwood and the former Swansea City midfielder may feel that he has a point to prove here.
He is rated as an 8/1 (9.0) chance with William Hill to open the scoring on Wednesday and that is a price that is likely to prove popular with those backing against the hosts.
Prior to the play-off defeat against Croatia, Iceland had gone five matches on the road without defeat and appear to have been underrated by the odds compilers ahead of their trip to Cardiff.
Therefore, punters are advised to snap up the generous 7/4 (2.75) quote from William Hill for Lagerback's men in the draw no bet market here.
|Iceland draw no bet at 9/4 (2.75) 2pts with William Hill
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Al Hain-Cole is an experienced tipster and avid follower of European football. He specialises in accumulators and if you would like to read more from Al you can follow him on Twitter here.