FavBet is an Eastern-European bookmaker of many years that operates both offline and online in Europe, South America, Africa and Asia. With a number of betting shops in several countries and over 250,000 customers, they dominate the Eastern-European gambling market. Currently, there are four main products: live dealer casino, FavBet TV, sports betting, and casino. In this FavBet review, we will be focusing on the sports section, looking into the odds, betting options, payment methods and the like. Buckle up because we are taking you on a trip to an interesting destination. Let’s get this post going and give you what you want to know at once.
- Name: FavBet
- Live streaming: FavBet TV
- Currencies: EUR, UAH, RUB
- Promotions: Risk Free bet, Favbet Club, Multiple of the day
- Visa MasterCard Skrill Neteller
Bonus up to:
- Rating: 1.9 /10
- Not Recommended!
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|New Customers only. Up to £100 in Bet Credits. Sign up, deposit £5 or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.|
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|T&C: New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.|
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* T&C’s apply. Click on Join Now for details.
License Information on FavBet
One thing we need to clarify before moving on to the operator’s features is that FavBet operates legally all its platforms and offline shops. It has a sublicence provided by Favourite United N.V, a liability company of Curacao. In 2014, the agreement was extended by the Governor of Curacao by five more years and is valid until November 2018. When the time is up, the operator’s services and activity will be reassessed and a new licence will be issued if everything is fine with it.
What we mean to say by this is that whether you use FavBet mobile or the full site, your data will always be protected, your winnings paid out fast and the outcomes unaltered. As far as bets are concerned, you can rest assured that the prices on offer will be fair and that no malicious actions will be taken against bettors on the bookie’s part.
FavBet is a bookie that certainly explores the term variety. The sports you will find here are Football, Basketball, Tennis, Ice Hockey, Volleyball, Handball, Water Polo, American Football, Rugby League, Futsal, Biathlon, Snooker, Cricket, Chess, Lottery, Darts, Bandy, Baseball, Rugby Union, Cybersports, Billiard, Saling, Boxing, Motorsports, Golf, Cycling, Ski Jumping, Floorball, MMA, Formula 1, Cross-country skiing, Politics, and Specials.
It’s quite an impressive selection, isn’t it? An interesting addition here is Cybersports. Don’t get confused, though, this is not a new and intriguing discipline that is emerging on the betting sites. It turns out that this section on the site simply refers to eSports. Maybe FavBet wanted to appear creative. The operator assures that new stuff such as dog racing and horse racing will soon be added to the platform so that punters can enjoy a wider variety of betting options.
Types of Bets You Can Make Here
First half, Full time, Draw No Bet, Double Chance, Over/Under, Match winner, Handicap, Team total, Odd/Even, Who will win 9th game, Total games, Tiebreak in set, Who will score 3rd goal, etc. With such a rich selection of markets, FavBet might introduce additional bet types in the future; all we have to do, is just wait and see.
In-Play and Live Streaming
After discussing the pre-match platform in our FavBet review, it is time to have a look at the in-play betting system. Let’s see if it is worth it. Plenty of matches are covered, especially in terms of football. Additionally, you can place bets on sports like water polo, table tennis, ice hockey, squash, basketball, volleyball, and tennis. Not only that, but there are handy statistics and results pages so you can stay up to date with the games.
And now, FavBet TV is all we want to talk about. This is a noteworthy feature that brings live streaming to a whole new level. It is available on the site – you don’t actually need to own a TV or subscribe to a special channel. There is a FavBet sports Live calendar where you can check if an upcoming match you are eager to watch will be broadcast on the site. Alternatively, you may contact the staff for more information. Currently, the following countries have access to FavBet: Kazakhstan, Azerbaijan, Armenia, Georgia, Belarus, Russia, and Ukraine.
Banking Options – Depositing and Withdrawing Money
Next is deposit and withdrawal methods offered by FavBet. Starring with the deposit section, we have Skrill and Skrill 1-tap (available on mobile), Quiwi, Neteller, Wallet One, Yandex.Money, Visa, Sofort Banking, MasterCard/Maestro, iDeal, Girpay, Boku, Paysafcard, Russian Post, and a lot more local-based deposit methods. The withdrawal options offered by FavBet are ecoPays, Visa/MasterCard, Moneta.ru, Skrill, Qiwi, Maestro, Yandex.Money, and Wallet One.
Limits are imposed on deposits and withdrawals. Refer to the FAQ page for more information. Deposits are instant, no commissions charged on the end of the bookie, except for Russian Post where 2% commission is incurred. The minimum deposit amount is €10 for most methods. The minimum withdrawal amount is €10 for the majority of options. Please note that these payment systems are available on FavBet mobile too.
The First FavBet Sports Bonus and Other Current Promotions
The promotional page on betting sites is normally one of the most lickerish parts of every online bookmaker, as it gives customers the opportunity to win extra money in the form of bonuses or to secure their stakes with refunds in case their bets lose. Usually, operators go above and beyond to provide enticing and jaw-dropping offers, a strategy to win more clients and to keep the existing ones coming back.
For those looking for a sign-up offer, there is a bit of bad news. With that said, we have to warn you that the promotions on FavBet could use some improvement, considering the heart-breaking news we did not detect any welcome bonuses on the site. How they attract new customers is a mystery to us. We guess that the TV is an incentive good enough to make up for the lack of adequate sign-up prizes.
Did you know that you can place risk-free bets on the site? Now you do. You’re welcome. This rule applies to all single bets, system bets or express bets placed on any event at odds of 2.5 or higher. The maximum amount you could win is €10 or currency equivalent. How does it work? You make a wager on a match. If you are successful, you win the corresponding amount resulting from the odds that you’ve agreed to and the size of the stake. If you lose, though, the bookmaker will refund you up to €10 based on the size of the stake. Terms and conditions apply.
The Mobile Bets Can Get You Rewards
The sportsbook makes placing wagers profitable to mobile users by introducing their mobile bonuses. Every 10th bet made from your phone or tablet will get you a FavBet sports mobile bonus in the form of a risk-free bet. The minimum amount to stake is €1.5 at odds of 2.1 or greater. The maximum bet to obtain is €10 . It works for both in-play and pre-match wagers. Terms and conditions apply, so make sure you check those out.
FavBet Club – the Loyalty Program
When you place bets at odds of 1.05 or greater, you accumulate points that can be converted into real cash, free bets or bonuses. Your status increases with every wager you make. Consult the promo page if you want to take part in the programme and if you want to know more about it. One thing is for certain – those who decide to venture further into the loyalty program, will discover a lot of benefits.
FavBet gives you the opportunity to discuss your problem via live chat. Just click on the icon when you see it and start a conversation. There is a blue corner on the right-hand side of the Live section with a few banners. Check out the one where customer support is and press the speech bubble. It will open the chat. Alternatively, you may find a red bar floating on the left side of the page as you scroll up and down. This is another shortcut to the feature.
- Website: www.favbet.com
- Company: Favorit United N.V
- Licence: Curacao
- Live chat: Yes
- Email: firstname.lastname@example.org
- Customer support: 24/7
- Adress: e-commerce Park Vredenberg Suite, Nr. C2, Office Center, Curacao
Now, FavBet can also be contacted by phone but not the old-fashioned way, meaning you don’t dial a number on your mobile device and get through with the staff. Instead, you need to give them a call through the site. The system will demand access to your microphone. If you don’t agree, you won’t be able to make that call. So, you give a ring to the agents directly from the site – this feels like an alternative live chat feature in which you can express your issues verbally instead of in writing.
For general enquiries and feedback, please use email@example.com.
What’s Cool and What Isn’t About This Bookie
If you are reading this, you’ve reached the end of our FavBet review. What is left to say is the general pros and cons of the operator, and the ranking we put to it. Among the advantages, we count the numerous sports and markets, the live streaming feature, multilingual interface, and the many available banking options. The few drawbacks are bonus related – an absence of a welcome offer, and a missing bonus variety.
In Conclusion – The Final Score
On one hand, we were impressed by FavBet TV as it offers the features every punter out there deserves. On the other hand, it is limited to a few countries and if you happen to live outside of these geographical areas, you will be unable to make good use of this platform. Finally, we can’t help but give this bookie a rating which is very good compared to many others. Check this bookie out; it might be just what you’re looking for.