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Fastbet – Overview & Rating

Player ratings
5/5
Bookmakers rated 3 offer mid-level services and are currently in trial period.

Contents

Video review

Video review

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Pros and cons

Pros
High odds
Average line
Cash out option available
Cons
No mobile app
No live streaming option

Company information

Company name
Fastbet
Address
Malta St. Julians STJ3141 Burlington Complex, Level 1, Dragonara Road, Paceville
Visit Site
Founder
Unknown
CEO
Unknown

Website languages

Fastbet.com operates in English, Finnish and Swedish.

English
Finnish
Swedish

Company Review

Paruyr Shahbazyan
The founder of the website

Fastbet is a sports betting and casino site owned by BetHard Group Limited, a group of companies founded by Erik Skarp and Johan Svensson in 2012. Six years later, in 2018, Fastbet was already a licensed sport betting online platform, regulated by the Malta Gaming Authority: B2C Gaming Service License (license number MGA/B2C/312/2015). Fastbet (Bethard Group Limited) is also licensed and regulated in Sweden (SGA).

Fastbet offers Type 1, Type 2, and Type 4 gaming services under the Approved Service Provider licenses. You can find further details about all the licenses in the terms and conditions of the website.

Fastbet’s objective is to be the fastest online betting site among bookmakers worldwide. To start playing takes a few seconds due to a hassle-free SWIFT registration. Just make a deposit and enjoy your game.

On the bottom of the sport’s home page, you can find the Affiliates program. A whole separate website is dedicated to this www.bethardgroupaffiliates.com. Additional information can be found in terms and conditions of the website by clicking “Create Account”. The most important information that you should know is that you can earn up to 50% commissions by cooperating with Fastbet.

A whole list of restricted countries can be found in terms and conditions of their website. Fastbet warns that all winnings from players betting from restricted countries will be confiscated and accounts will be shut down. Fastbet is mostly popular in Sweden, Norway, Finland, and the Netherlands.

Design and user-friendliness of the site/app

The website design is very unique, user-friendly, and completely in turquoise color. Fastbet’s slogan “Play it simple, play it fast” very much corresponds to their website design.

When you are on the home page of FastBet and ready to play, just click on the center icon “Deposit”, choose your bank and go! If you want to navigate through the website and see all the offers and sportsbooks, just click the FastBet icon on the top left side of the hope page. You will be redirected to a new page with a dark-colored, modern styled background. On the top left side of the screen, you will see the main tabs of the website: Sport, Casino, Live Casino, and Promotions.

Under the tabs, you can find a live betting option. Most popular sports are highlighted on the left side of the webpage: Football, Tennis, Basketball, Ice Hockey, Esports. The only colorful panel is the upcoming important sports events and esports’ advertisements right in the top center of the screen.  

On the right side of the page, you can change how you want the odds to appear: decimal, fractional or American. Scrolling down on the left side you can select your preferred language: Finnish, English or Swedish.

Although Fastbet doesn’t have a mobile app, it is still easy to use this betting site on other gadgets with 24/7 live chat and customer support.

Services and live    

Fastbet offers three main activities on their betting site: Sport, Casino, and Live Casino.

Sports betting has the pre-match and in-play betting option. Also, they have a cash-out option for bets. Sportsbook includes football, basketball, tennis, handball, volleyball, cricket, American football, baseball, rugby, MMA, golf, snooker and pool, motor racing, darts, cycling, speedway, boxing, field hockey. From table games, chess and table tennis can be chosen. Futsal, water polo, beach volleyball, badminton, Gaelic football, Gaelic hurling, softball, and politics made up of mostly election results in the US, UK, Ireland, Sweden, Australia, and France are also on the betting list. A new one on us, there is a bet on who is leaving the EU next.  

FastBet Casino offers a variety of games. You can choose slots, jackpots, virtual sports, and table games on the top of the panel. On the Fastbet Live casino section, you can find all the classics: roulette, blackjack, baccarat, poker, and table games.

Live line

Live betting is available for particular sports only. There is a special section dedicated to this option on the top left side of the sports page. In-play betting sports are football, tennis, basketball, volleyball, esports, cricket, golf, table tennis, beach volleyball, and badminton.

Live streaming is not an option on Fastbet at the moment.

Bonuses, promotions

If you are a new player to Fastbet you can claim your welcome offer– a maximum bonus of 100% up to €100. You can get your bonus offer by making your first deposit and use your bonuses in the sportsbook, Casino, and Live Casino. To claim your bonus, you should make a minimum deposit of €20. You should be aware that different wagering requirements are applied depending on which product you play: Sport is x4, Casino is x20, and Live Casino is x20. If you have an active bonus, the maximum acceptable bet in Fastbet Casino and Live Casino is €10 per bet/spin.  After bookies bonuses have been credited you have 60 days to use them, otherwise, they’re gone. For more bonus offer information visit the Fastbet site, promotions section. You should be advised that only betters in Finland are eligible for the bonus offer.

Customer care

The best way to get answers to your questions instantly is Live Chat and luckily it’s an available option for you if you are playing with Fastbet. The professional support team is ready 24/7 to assist you with any question concerning betting, site navigation, bonus offer, etc. They are super friendly, fast, and very patient. They give comprehensive answers to your questions in a couple of minutes. 

If somehow you can’t get the help via live chat, you still have an option to write an email, which can be found in the support section. They reply to you in about 2 hours. Fastbet has one of the fastest and the most qualified support teams amongst the online betting sites.

Registration

With this online betting site, you don’t have to register, create an account and wait for verification for days. You can just make your first deposit and you are in! It’s a super easy, comfortable, and time-saving way to join Fastbet.

Financial

The acceptable currencies on Fastbet are Euro and SEK (Swedish krona). Fastbet accepts only Trustly as a payment method. 

Unlike other online betting sites where if you need to cash out your winnings you have to send personal documents and wait, with Fastbet as soon as you request the withdrawal, your money will immediately be back to your bank account. However, before requesting a real money withdrawal, a minimum deposit of €30 is required. You have to bet with your deposit at least one time before you can claim cash-out.

To make a successful withdrawal, you must select withdrawal in your profile and select the same payment method with which you have made the deposit, then select the amount and make the request. It will be verified by the financial department and as soon as it is approved you will receive a confirmation email. Depending on how overloaded the system can be, it may take 1 to 24 hours for Fastbet to approve. Soon you’ll receive a verification email and your money will be returned. 

Although they have an instant cash-out option, your money is safe with Fastbet. You don’t need to withdraw your money every time. They will maintain your balance until the next time you want to play.

The minimum amount for a bet is £/€0.10 according to sports betting terms and conditions. Your maximum amount for a bet depends on different sports, bets and leagues. You will see the exact value (maximum bet) when placing a bet. The maximum daily payout to any customer is £100,000.00 or equivalent.

Responsible gambling is a priority for Fastbet. They suggest a variety of options on how to control your gambling habits. Setting limits for you is a good way to take control over the time and money you spend on gambling. To do so you should set the type of limit you prefer in your account settings. Fastbet suggests a wide range of options. Play session limit alerts you to control the amount of time you spend betting on site. If you choose the deposit limit option, you can manage your money spending within a specific period of time. Loss limit allows you to indicate the maximum amount of money you possibly can lose within a given period of time. The wager limit gives you control over the maximum amount of money you can wager. Time out option is for the players who want to pause their gambling. Self-exclusion is the utmost option that you can choose if you feel that gambling has stopped being fun, but an obsessive idea for you or you feel that you are at risk of developing a gambling problem. This tool will forbid you from gambling with Fastbet for a given time period or forever.

There is a guideline on how to indicate whether you have a gambling problem or not in the section of responsible gambling. Plus, you can always ask for help from the support team, who are trained to provide you with the help you need. On the section of responsible gambling, you can also find links, directing you to the programs on how to prohibit underage minors from using the computer for gambling or how to fight gambling addiction. Fastbet also suggests you a very useful thing to control your gambling. You simply can install software that will deny access to gambling websites. All the links and websites you can find in the section of responsible gambling.

Reliability, Integrity, and Safety

The safety level of any bookie can be measured by the availability of the bookmakers’ license. Fastbet (Bethard Group Limited) is licensed by the Malta Gaming Authority and by SGA in Sweden.  

Fastbet treats your data very carefully and in the strictest fashion. They guarantee that all personal information collected on their site is treated securely according to their policies and strict data protection standards. Fastbet tries to adhere to ISO27001 principles as much as possible.

Recommendations

The number of restricted countries is very high. With this quality service, Fastbet creates high standards in the industry and can be an excellent example of how bookies should operate. So it will be great if players from more countries could bet and play on a quality betting site.

At the time of this review writing, there are no casino or live casino bonus offer or promotions on the site. It would be nice to have a casino welcome offer for free spins for example.

Read more Fold
Characteristics of the bookmaker

Products and apps

Fastbet offers sports bettin, live betting, betting on virtuals, casino, live casino, poker and games options. The same services are available in mobile mode. Fastbet doens’t offer any mobile app.

Sport products
Sport
eSports
Virtual sport
Match Center
Casino
Slots
Casino
Live casino
Skill games
Poker
Games
Services
Registration
Deposit
Live chat
- - Mobile version

Payment methods

Deposit

You can only fund deposits via Trustly. The minimum deposit sum is €10. There’s no maximum deposit limit, though you can set the limit on your own. The processing usually takes a few minutes. The bookmaker doesn’t charge any fees for deposits.

Withdrawal

The withdrawal can be made via Trustly. The minimum deposit sum is €0. There’s no maximum deposit limit, though Trustly may set a limit. The processing usually takes 1-24 hours. The bookmaker doesn’t charge any fees for withdrawals.

Deposit Withdrawal
Sum Time Commission Sum Time Commission
from €10 to unlimited a few min. 0% from €20 to unlimited [1] 1-24 h. 0%

Accepted currencies

Fastbet accepts Euro and Swedish krona.

Euro
Swedish krona

Licenses (2)

Fastbet is licenced by the Malta Gaming Authority and Swedish Gaming Commission.

Malta Gaming Authority
Validity period of license is unknown Details
Swedish Gambling Authority (Spelinspectionen)
Validity period of license is unknown Details

Reliability

Doesn't accept Bookmaker Ratings
as an arbitrator
There is no company representative on Bookmaker Ratings website
Attitude to speculators:
Confiscate winnings

Organisations (2)

Gamblers Anonymous
Gambling Therapy

Support

Fastbet offers live chat and email for users to contact the support service team.

Competence
Politeness
Response time
~ 2 h.
Competence
Politeness
Response time
Live chat
~ 1-5 min.

Questions from users

Assessment history

17.06.2021
Fastbet has been added to the Rating

Feedbacks (1)

You can learn about the feedback and opinion on sum withdrawals and betting in Fastbet in the “Feedback” and in the comment to the review. Learn here about the experience of Fastbet users. Share your experience with everyone.

Reliability
5/5
Convenience of payments
5/5
Pre-match
4/5
Support
3/5
In-game
5/5
Bonuses & Promotions
5/5
Odds
5/5

Very fast withdrawal, no need to wait for several days, it’s nice, because many bookmakers do not want to give the money and thus the withdrawal has to wait for weeks.

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FAQ

? How to activate a Fastbet account?
There is no need to register on Fastbet and wait for verification. Just make your first deposit minimum of €20 and you are in.
? How to withdraw money on Fastbet?
To make a successful withdrawal, you must select withdrawal in your profile and select the same payment method with which you have made the deposit, then select the amount and make the request. After the financial department’s approval, you will receive a confirmation email and your money will be on its way.
✏️ How to get a Fastbet bonus?
For now, Fastbet offers a welcome offer- a maximum bonus of up to €100. Just make a minimum €20 deposit and you can claim your bonus. For more information on how to use your bonus visit the Fastbet site.
?️ How to get free bet credits on Fastbet?
Remember, all bonus offers, free spins, free bets, or other offers that have been marketed via affiliates, email, text message, or through other channels, need to be wagered in games in Group A, B, or C. It is not permitted to play on Group D while having an active bonus. Wagering on Group D may lead to confiscation of bonus money and winnings generated from bonuses. Group A – Slots, Video Slots, Scratch Cards = 100%; Group B – Sportsbook = 100% with odds of 1.80 or higher; Group C – Live Casino and Authentic Casino = 20; Group D – Video Poker, Virtual sports, table games, and other games excluding Live Casino = 0%.
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