FAVBET Review
FAVBET is one of the oldest bookmakers around the world. The rich experience of the company guarantees a professional betting and gaming options on the website. The sports betting section of the bookmaker features all the leading sports and competitions around the world. Also, FAVBET comes with an online casino which includes different slots categories and live dealer games as well. Virtual Sports betting are part of the portfolio of this bookmaker as well. Various payment options are accepted, and there are good bonuses for players.
Layouts, Navigation and Menus
FavBet largely remains focused on its bookmaking product despite currently operating a crisp, modern online casino and highly lucrative poker rooms. Sportsbetting proves a highly entertaining activity at this sportsbook, due to its menus offering coverage over hundreds of major international and local tournaments.
A user-friendly GUI ensures it remains easy to find the events and leagues most of interest to you while placing bets requires minimal searching and navigation. For the dissenting punter wanting to simplify the process further, they also offer betting via telephone, currently a highly popular option amongst UK punters. Before the start of major tournaments, the brand regularly offers special promotions aimed specifically at promoting those events which encourages punters to join in on the action. Numerous of these promotional offers feature limited availability, where time is of the essence to interested punters.
A simplified interface presents punters with easy access to all the most important matches and leagues directly from the live betting market, with both stats and odds refreshed at regular intervals. Essentially, using the site, players do not need to look at other sources for complete information while engaging in the live betting action. That’s because they can find all relevant information and results directly from the betting module.
Moreover, the brand’s excellent live streaming services, called FavBet TV, serves to simplify further the cause of punters hoping to cash in on its fast-moving odds. While watching live stream matches, it enables them to take the greatest advantage of sudden changes in action across the complete duration of the game.
Interestingly, despite not accepting players from the United States FavBet provides great options and spends a lot of attention on coverage of American sports. The US major leagues remain its focal attention point with both regular-season coverage and playoff games receiving the attention they would deserve locally. Smart punters who realise the value of extracting the best options while betting on all forms of college sports will receive a pleasant surprise. That surprise will come in the form of all leagues being made available with each having a complete group of reserved markets.
Visually, FavBet offers great appeal via its good-looking, well-designed, and laid out website. This is especially so considering the emphasis and time spent on creating a hugely functional and easy to use interface. Interface colours create a crisp, modern image without becoming visually intrusive making exploration of the website and easy, straightforward affair without becoming tiresome on extended sessions. As such, punters will need little time to determine and find exactly what they are searching for with cashing out and deposits proving a breeze due to the numerous popular payment methods on offer. That also allows members to transfer their funds between the different products, i.e. sportsbook, casino, and Poker.
This capacity remains one of the principal advantages offered by unified wallets since it allows players to wager freely on sports. It then allows for the transfer of some proceeds to engage in poker play or even relax while spinning the reels at the casino. As is the norm and one would expect, members will only run into restrictions when utilising pending bonuses. Here they will first need to meet any outstanding wagering requirements before conducting any such transfers.
Registration
Punters wanting to register at FavBet will find the procedure straightforward and simple in keeping with the brand’s focus on a user-friendly experience. Doing so requires you navigate to any of the main pages of the site and adhering to the following steps:
- Step 1: Select the big green “Join” button in the top right corner of the page.
- Step 2: Оn the resultant drop-down screen that appears enter and submit your preferred email address, choose and enter a personal password then select the large blue “Next” button.
- Step 3: Оn the second registration page enter and submit your country of residence, first and last name, date of birth and choose male or female. Then add your mobile phone number, select a secret question and provide its answer, opt-in to participate in the FavBetClub loyalty program, enter any promo code you may already have, and select the large blue “Open Account and Start Winning!” button.
Activation and Verification of an account
By the rule of law, FavBet reserves the right to at any time verify all newly opened accounts in accordance with international regulations governing the control of gambling operations. To do so, their accounts department require a specific set of documents and details to positively establish the verification of each applicant and their validity of Claiming account ownership.
The necessary verification documents comprise of the following:
- National photo identification document such as ID card, Passport, or Drivers License
- Scanned copy of the front face of each applicant’s physical credit card clearly denoting the first six as well as the last four digits of the card number, with the rest blanked out to maintain its security
- To verify your residential address, submit a scanned copy of your most recent personal bank statement, residential utility bill, or latest credit card statement
FavBet collects and stores all personal data that will under no circumstances be sold and used to verify future withdrawals on an ad hoc basis purely. However, the company may use it to inform customers and distribute promotional material about the latest offers, new products and features.
Forgotten password
Punters in the unfortunate situation of having mislaid or lost their password will find recovering and resetting a forgotten password proves an exceedingly straightforward affair. This only involves following the few short, quick and easy steps described below:
- On any of the main site’s pages select the blue “Log in” button in the top right corner.
- On the drop-down cover, page menu select the “Lost Password” option.
- On the next “Password Recovery” page enter your email address, thereafter, enter the characters in the displayed image, and submit by selecting the big blue “Next” button.
In response, you will receive a near instant email containing the necessary details guiding you to reset and select a new password.
Welcome Offer – Bonus Up To €10
FavBet offers no welcome bonus per se, but punters will find participating in FavBet’s Risk-Free Bet Insurance a nice touch as it offers you up to €10 free when your bet has lost. The bookmaker insures wagers on all sporting events, covering single bets on events offering odds of 1.5 or better as well as system or multiple bets made on events offering odds totalling to 2.5 or greater.
The maximum allowable “Risk-Free Bet” is €10 on bets placed on sporting events including virtual events such as Football League, Basketball, and football, with all refunds made upon final settlement of lost single bets and multiples upon settlement of the final bet.
Compare Favbet with more bookies
| Welcome Bonus | Live Betting | Live Streaming | Cashout | Apps | Bonus Percentage | Turnover | ||
€10 | 100% | - | ||||||
18+ T&C apply | gambleaware.org | gamstop.co.uk | Play Responsibly | ||||||||
￡30 | 300% | - | ||||||
New Customers only. Registration required. Bet £10* & Get £30* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. +18 | Terms & Conditions time limits & exclusions apply. | gambleaware.org
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Sports covered
FavBet provides extensive coverage over numerous sports markets which include all popular sporting types across the complete spectrum of local and international sports types. They particularly have comprehensive coverage for football enthusiasts who will benefit from an extensive range of betting options. Single soccer games could deliver a grand total of 200 bet selections including alternative betting options such as Team to Win to Nil, Team to Score in Both Halves, generally with many other options also available.
One of the factors counting greatly in favour of FavBet amongst high rolling punters is its high limits that the brand allows for winnings.
Sports markets
The sportsbook provides coverage of 31 individual markets, ranging from niche options such as badminton and Biathlon to the universally popular types such as football and boxing. Punters will also find an excellent variety of Special Bets and Asian Handicaps that are combined with excellent odds on popular sports such as Basketball. This often sees margins set at only 1.9%. However, to ensure their competitiveness in the more saturated and highly competitive markets of Western Europe, they may need to improve the brand’s odds further especially so when it comes to the more popular sporting types like football. The company may also consider obtaining alternative licenses to their currently held Cura?ao international license. That will allow the attractive brand to operate within the borders of other regulated regions.
Available sports include Basketball, Tennis, Soccer, Ice Hockey, Handball, Volleyball, Australian Football, Cyber Sports, American Football, Badminton, Alpine Skiing, Baseball, Biathlon, Darts, Biathlon, Lottery, Futsal, Curling, Rugby Union, Rugby League, Cricket, Netball, Snooker, Chess, Beach Volleyball, Politics, Specials, Formula 1, Politics, Golf, MMA, Table Tennis, Motor Sports, Cross-Country Skiing, Cycling, Boxing, Curling, Auto Sport, NASCAR, Rally, Gaelic Football, and CrossFit Games.
Football loving punters will especially find great benefit in partnering with FavBet since coverage includes a vast number of both local and international games of all competitive countries from around the world. It includes special attention given to key international events such as the soccer World Cup, Champions League, Europa League, EFL, Bundesliga, La Liga as well as other key leagues.
Its extensive sports coverage allows for additional bet selections such as Alternative Handicap Tennis, Alternative Handicap Basketball, Cards, Asian Bets, and Corners.
Live betting section
The bookmaker’s webpage providing access to its live betting product proved extremely user-friendly and easy-to-use. This is in part due to it offering an extensive number of betting options, where aside from its regular betting punters will find numerous Handicaps with alternative totals.
The live section provides punters with the opportunity of selecting their bets from a range providing access to over 10,000 live events each month. It offers a variety of innovative features such as the “Speed-Bet” option that allows them to place quick bets throughout each event conveniently. In addition, the feature offers you the capacity to automatically place live bets with values as per your predetermined settings without performing any further necessary action.
Coverage of sports types leans heavily in favour of football events with additional attention given to sports such as Table Tennis, Water Polo, Squash, Ice Hockey, Volleyball, As Well As Tennis and numerous others.
Betting Odds
While offering decent odds, the sportsbook may need to improve this aspect which currently is not overly competitive and unable to meet the best offered by the industry elite. This is despite them offering their most competitive bookmaking rates on games forming part of the English Premier League.
FavBet typically compile matches producing a 106 to 107% margin, while the top online bookmakers compile Premier League 1 X 2 football markets to produce 102.5 to 104% margins, with the greater majority averaging around 105.5 to 106.5%.
Similarly, the offered odds covering matches throughout other major European leagues are proving even less competitive.
The website caters to all general punter preferences via easily switchable selections. This includes the UK, Decimal, American, and Hong Kong odds formats. The purpose of this is to ensure they have access to whichever they most prefer at the time.
Betting products
Any discerning punter will instantly testify that any online sportsbook’s level of user-friendliness is not only determined by the expected availability of a wide range of markets and a huge selection of betting options. The quality and continued availability of its range of betting products play an equally important part in its inherent level of convenience, flexibility, and user-friendliness. In this aspect, FavBet certainly offers services on par with the best in the business. It includes the ability for punters to Cash Out at a moment’s notice while using the website’s next level Live Streaming option. One that, in our estimation, serves to heighten the brand’s appeal further.
Cash out
One of the most exciting aspects delivered by a high-quality live betting experience is its ability to provide punters with instant betting opportunities during in-play events. One of these opportunities is the cash-out feature, but unfortunately, it is not available for Favbet’s customers. This is a bit disappointing because the bookmaker provides excellent options and one of the main features in the face of Cash-out is missing.
Live streaming option
FavBet TV is a truly remarkable feature well-worth discussing since it elevates the streaming of live sports events to an entirely new level. Conveniently, all sportsbook members have access to the full feature-rich experience which becomes instantly available while on the live sports betting site. It negates any need to subscribe to any special channels or having to revert to traditional televised coverage.
In addition to this innovative feature, the bookmaker offers a Live Sports calendar where punters can periodically check for any interesting upcoming matches which they might be interested in watching. Currently, FavBet only provides coverage to the following countries: Azerbaijan, Kazakhstan, Georgia, Armenia, Russia, Belarus, as well as Ukraine.
Virtual Sports
Any modern sportsbook interested in attracting the younger crowd as potential punters should ensure that offers all the latest gamification features that generally appeal to the younger generations such as the millennials and younger. In the sports betting arena, Virtual Sports has proven more likely to attract younger punters, and that makes the inclusion of a wide range of virtual sports markets and options essential.
In this respect, FavBet certainly produces the goods with a range of products that includes Football League, Nations Cup, Tennis, and Basketball from BetRadar. Top products from Vermantia further bolsters the Virtual Sports range with markets including Dashing Derby, Football, Horse Racing Roulette, and Table Tennis. Leading virtual sports producer Inspired enters the Virtual Sports fray with products including Football, Speedway, Tennis, Horse Racing, Dog Racing, and F1 racing.
Casino
Historically online bookmakers included watered-down versions of online casinos as an afterthought paying homage to the alternative needs of their members. However, high-end modern online sportsbooks such as FavBet offer members access to a huge number of top titles including the latest gaming entertainment formats, as well as the newest, most exciting games from many of the foremost developers in the online casino industry.
As with any quality casino product catering to the needs of its clients and due to their popularity, FavBet’s casino section features a huge range of online slots. That includes popular titles such as Asgardian Stones, Immortal Romance, Gonzo’s Quest, Starburst, and numerous others from critically acclaimed leading designers including Microgaming, Habanero, NetEnt, Endorphina, EGT, Amatic, and BetSoft.
Players will find slots come pre-sorted into logical categories that help in finding a favourite into a quick, easy routine. In addition to its extensive slots range, FavBet casino provides all the classic casino table games including multiple varieties of roulette, blackjack, poker, baccarat, and other card games. Having instant access to such an extensive range of casino entertainment options certainly ensures Players can always find new and exciting gaming opportunities.
Casino daily offers
*Important info: Note that the following casino daily offers from FAVBET could be changed from time to time. Please, check the website for most accuarate information about casino bonuses.
- Mondays: Starting off their weekly gaming sessions, members can claim up to €50 in free bonus funds each Monday as a reward for having wagered €2000 on gaming in the casino. The casino will automatically award €10 as a bonus for every €2000 spent in stakes without any need to submit a special bonus code or promo code to a maximum of €50 per member per week, immaterial whether you’ve won or lost.
- Tuesdays: Tuesdays at FavBet leaves players with a new mystery they need to solve. It will see one of the participants having an opportunity to win back all losses they may have incurred for the day. All players who opt-in and lost more than €10 while playing any casino games qualify for inclusion in a random draw to determine the winner.
- Wednesdays: At FavBet, the third day of the week becomes the perfect moment to play any of the indicated games specially selected for the event. Doing so will see players having spent over €1000 while any or all the qualifying slot games receive up to €10 as a bonus.
- Thursdays: Thursdays will see three randomly selected participants receive doubled profits. To qualify, they must have won more than €10 on any slot from any of the selected developers.
- Fridays: On Fridays, members can partake in a massive slots tournament. I if they win the tournament by occupying any one of the top five positions, they will each receive a slice of the €150 prize pot. The first position receives €50, 2nd – €40, 3rd – €30, 4th – €20, and 5th – €10.
- Saturdays: On the first day of the weekend, promo participants have an opportunity to find additional profit in FavBet’s first-rate Live Casino. The promo follows the same rules, guidelines, and €150 prize pool as described above in the Friday offer.
- Sundays: Each Sunday participating members would receive compensation totalling to 10% of any losses they may have incurred for the day if they lost more than €10 for the day.
Live Casino Section
In addition to all the marvellous entertainment offered by regular online casino gaming, the Live Casino provides members with instant access to one of the most innovative, immersive, and exciting experiences made possible by latter-day advancements in available technologies.
FavBet’s Live Casino product features a truly remarkable variety of Live dealer entertainment by offering multiple variants of all the classically popular types including Blackjack, Casino Hold’em, Roulette, and Baccarat from some of the foremost branded developers in the industry.
Upon entering the live dealer, lobby members meet variants such as Dream Catcher, Lightning Roulette, Speed Auto Roulette, Immersive Roulette, Top Card, Blackjack Party, and No Commission Baccarat in addition to a huge selection of others. The live dealer selection will certainly never leave members wanting for any additional live dealer action.
Other sections
Aside from the huge range of exciting gaming opportunities discussed above, members still left wanting for alternative casino entertainment types may also enjoy an opportunity to buy into any number of grand international lotteries from around the world. They may also engage in some Live betting options offered via the TV Lotto link.
Lottery
Lottery aficionados will enjoy their specific type of action offered by having access to lotteries from more than 25 countries worldwide including Italy, USA, Iceland, France, Bosnia-Herzegovina, Singapore, Spain, Slovakia, Slovenia, Turkey, Switzerland, Great Britain with additional access to specialized lotteries such as Grecian Kino Lotto, Canada AT Bucko, Australia OZ, Belgium Keno, and many others.
TV Lotto
Entering the TV Lotto section players meet an extensive range of live wagering opportunities covering War of Bets, Baccarat, Bet on Poker, Lucky 7, Lucky 5, Dice, and Wheel of fortune.
Mobile App
As one of the most preferred online entertainment providers amongst CIS countries, FavBet distinguishes itself as one of the few operators still going to the trouble of developing an offering a dedicated mobile app specifically aimed at providing a first-rate experience via all Android platformed devices. With it not being available on Google’s play store, members wanting to download and install the required .apk file will need to select the alternative link. This is supplied directly on the website to initiate the download.
A fully comprehensive Mobile Version offers complete cross form compatibility to all devices including the iOS software environment of Apple’s iPhones. Please note utilising a mobile device for access will require users to log in using their existing username and password to access their account. Any attempt at opening a second account will see both accounts blocked and closed possibly even permanently or until the matter is resolved.
Payment methods
Joining up and playing at FavBet will provide punters and casino players from around the globe with a satisfying range of finance methods, with payment options covering the complete spectrum of big international as well as several locally recognised banking institutions. The casino and bookmaker continually focus on providing their customers with the best player experience possible and as a result, commits itself to processing and completing payouts within 24 hours or less. We dissect the list of internationally recognised options in greater detail in our table below.
| Payment Method | Deposit Minimum | Time for Deposit |
|---|---|---|
 Visa | €10 | Instantly |
 Neteller | €10 | Instantly |
 Skrill | €10 | Instantly |
 Paysafe Card | €10 | Instantly |
 MasterCard | €10 | Instantly |
 Skrill 1-Tap | €10 | Instantly |
 EPS | €10 | Instantly |
 iDeal | €10 | Instantly |
 PayTrail | €10 | Instantly |
 WalletOne | €10 | Instantly |
 Boku | €10 | Instantly |
 POLI | €10 | Instantly |
 Bank Wire Transfer | ?50 | Instantly |
 Yandex Money | ?50 | Instantly |
 Qiwi | ?50 | Instantly |
 Russian post | ?50 | Instantly |
 Moneta.ru | ?50 | Instantly |
 Alfa-Click | ?50 | Instantly |
 Netellergo! | €10 | Instantly |
 Bradesco | €10 | Instantly |
 Webpay | €10 | Instantly |
 Banco do Brasil | €10 | Instantly |
 Itau | €10 | Instantly |
 Promsvyazbank | ?50 | Instantly |
 Faktura.ru | ?50 | Instantly |
| Payment Method | Withdrawal Minimum | Withdrawal Maximum | Time for Withdrawal |
|---|---|---|---|
| Visa | €10 | €3000 | 24 Hours |
| Neteller | €10 | €3000 | 24 Hours |
| Skrill | €10 | €3000 | 24 Hours |
| Paysafe Card | |||
| MasterCard | €10 | €3000 | 24 Hours |
| Skrill 1-Tap | |||
| EPS | |||
| iDeal | |||
| PayTrail | |||
| WalletOne | €10 | €3000 | 24 Hours |
| Boku | |||
| POLI | |||
| Bank Wire Transfer | |||
| Yandex Money | ?50 | ?15000 | Within 24 hours |
| Qiwi | ?50 | ?15000 | Within 24 hours |
| Russian post | |||
| Moneta.ru | ?50 | ?15000 | Within 24 hours |
| Alfa-Click | |||
| Netellergo! | |||
| Bradesco | |||
| Webpay | |||
| Banco do Brasil | |||
| Itau | |||
| Promsvyazbank | |||
| Faktura.ru |
Security & License
FavBet maintains fully legalised gambling venues across all platforms and off-line outlets. In addition, it holds a sublicense from Favorit United N.V; a Curacao registered limited liability enterprise.
Favorit complies and adheres to all stipulated rules and requirements set out in Curacao’s Personal Data Protection Act as well as those outlined by the European General Data Protection Regulation act.
Affiliates
As a leading internationally recognised betting enterprise with an established track record of activity in the marketplace since 1999, FavBet has become a preferred destination to over 600,000 punters and casino players. Currently fielding more than 1,000 land-based betting outlets in addition to 400 partnered betting retailers.
To affiliates, the well-known brand represents and offers reliable international branding, prompt payments of commissions, and access to the top of the range gambling products.
FAQs
As an American resident can I register and play at FavBet?
No, FavBet does currently not accept players from the USA.
After verifying my account upon first registration, will FavBet require me to verify my account again?
Yes, as stipulated by law and in the interest of maintaining the best security for the protection of all members, the company will require you re-verify your account when accessing sensitive personal data or requesting withdrawals.
After registration will I still be able to change my personal details?
Yes, you can, subject to specific restrictions relevant to the data you wish to change, for further information it is best you refer to the company Ts&Cs.
Where must I send my verification documentation?
All documents required for account ownership verification should be sent to [email protected].
If I have forgotten all pertinent details allowing me to log into my FavBet account including the answer to my secret question what am I to do to regain access to my account?
Immediately contact FavBet support via an email to [email protected] or the website messaging function, an agent will guide you through the necessary steps.
If I sign-up how long will FavBet take to verify my details?
Your account verification procedure requires up to 24 hrs. However, clearly legible, high-quality scans may reduce the waiting period significantly.
What is FavBet Club?
It is the name for FavBet’s customer loyalty program aimed at rewarding loyal members for their continued patronage in various ways and means.
Company information
FavBet, founded in Ukraine during mid-1999 with its central focus on the land-based sector, quickly established itself as one of Eastern Europe’s most favoured bookmakers. The brand currently operates over 1,000 main-street betting stores and having gained a robust reputation amongst locals certainly made a major contribution to assuring the success of its online endeavour launched around the same time.
The brand, operating internationally under a licence obtained from the government of Curacao, attracted a membership totalling over 500,000 from nations across the globe. With 15 years of experience gained FavBet became well-known in and enjoys high levels of popularity amongst all CIS countries such as Romania wherein it legally operates. The bookmaker hotly anticipated to rise to the occasion that will see it make the next evolutionary step with a future drive expanding into the rest of Western Europe. Their concerted focus on the brand’s website structure to create an increasingly user-friendly interface, combined with a vast range of betting options on a variety of sports events will to a significant part ensure their future success in the industry.
FavBet also remains one of the few online bookmakers to offer coverage for financial betting, which currently is a relatively uncommon phenomenon amongst leading bookmakers. Their popularity amongst the brand’s home country punters also comes as no surprise considering FavBet’s official sponsorships deals with local sports teams. This includes the Ukrainian football team Karpaty Lyiv as well as their official sponsorship of the Ukrainian second league Favbet Liha 1.
Another factor counting heavily towards its popularity stakes is the regular media coverage in local newsprint and social media such as Zerkalo (The Mirror). This is a popular illustrated humour page in Ukraine published on a semimonthly basis which comes as a spinoff of its sponsorship deals. FavBet also became a firm favourite amongst Zagreb locals and indeed throughout Croatia after establishing a firm, positive relationship with locals in the country as the official sponsor of Croatia’s 2nd tier football league.
Customer care & contact details
Final verdict & rating
We hope FavBet continues to build on all of its outstanding products and eventually makes a large-scale online crossing into Western Europe. After its expansion, the sportsbook and its related services will soon rank highly on the list of preferred betting partners of all discerning punters deciding to benefit from its services. A great selection of sports markets and an even more impressive list of betting options make FavBet a solid potential betting partner with few points subtracting from its international appeal. We rate this experienced online entertainment provider a promising 8/10, which would significantly improve along with better odds.
This bookmaker does not accept the national identity card (European model) as proof of identity, same model of stealing money like all curacao stealers.