It took place between 21 July 1968 and 5 October 1968, with the final played at Melavöllur in Reykjavik. The cup was important, as winners qualified for the UEFA Cup Winners' Cup (if a club won both the league and the cup, the defeated finalists would take their place in the Cup Winners' Cup). Teams from the Úrvalsdeild karla (1st division) did not enter until the quarter finals. In prior rounds, teams from the 2. Deild (2nd division), as well as reserve teams, played in one-legged matches. In case of a draw, lots were drawn. From the semi-finals, after a replay, lots were drawn.
ÍBV Vestmannaeyjar, newly promoted to the 1. Deild won the Icelandic Cup for the first time in their history, and therefore progressed into Europe. Another first came when a reserve team reached the final - KR Reykjavik, who beat their own first team in the quarter final.
The Besta-deild karla is the highest men's football league in Iceland. It has been played since 1912. Because of the harsh winters in Iceland, it is generally played in the spring and summer. It is governed by the Football Association of Iceland (KSI) and has 12 teams. By end of season 2015–2016, UEFA ranked the league No. 35 in Europe.
Football is the most popular sport in Iceland. Iceland hosted the U-18 European Championship in 1997, but an Icelandic national team has qualified for the final competition of a major tournament only five times—thrice by the women's national team at UEFA Women's Euro in 2009, 2013 and 2017, and twice by the men's team at UEFA Euro 2016 and the 2018 FIFA World Cup. The only Iceland teams to advance past the group stage at a major tournament are the women in 2013 and the men in 2016.
The ÍBV women's football team is the women's football department of the ÍBV-íþróttafélag multi-sport club. It is based in Vestmannaeyjar, Iceland, and currently plays in the Úrvalsdeild kvenna, the top-tier women's football league in Iceland. The team plays it home games at the Hásteinsvöllur. ÍBV has won the Icelandic Cup twice, in 2004 and 2017.
The 1972 Icelandic Cup was the 13th edition of the National Football Cup.
The 1960 Icelandic Cup was the first edition of the National Football Cup.
The 1961 Icelandic Cup was the second edition of the National Football Cup.
The 1962 Icelandic Cup was the third edition of the National Football Cup.
The 1963 Icelandic Cup was the fourth edition of the National Football Cup.
The 1964 Icelandic Cup was the fifth edition of the National Football Cup.
The 1965 Icelandic Cup was the sixth edition of the National Football Cup.
The 1966 Icelandic Cup was the seventh edition of the National Football Cup.
The 1967 Icelandic Cup was the eighth edition of the National Football Cup.
The 1969 Icelandic Cup was the 10th edition of the National Football Cup.
The 1970 Icelandic Cup was the 11th edition of the National Football Cup.
The 1971 Icelandic Cup was the 12th edition of the National Football Cup. Vikingur Reykjavik were winners.
The 1973 Icelandic Cup was the 14th edition of the National Football Cup.
The 1974 Icelandic Cup was the 15th edition of the National Football Cup.
The 1980 Icelandic Cup was the 21st edition of the National Football Cup.
The 1981 Icelandic Cup was the 22nd edition of the National Football Cup.
The 1983 Icelandic Cup was the 24th edition of the National Football Cup.
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