Favbet - Overview & Rating
Pros and cons
Characteristics of the Bookmaker – short
Favbet.com operates in 15 languages: Arabic, Croatian, English, French, German, Greek, Italian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Turkish and Ukrainian.
The name Favbet will be familiar to Ukrainian sports betting fans. Favbet began operations in Ukraine in 1999 and quickly became a successful bookmaker in Eastern Europe.
They’ve been providing gamblers in Eastern Europe and beyond with a diverse selection of sports betting options. Favbet attracts a large number of customers on their website and stores. Favbet operates about 1000 betting shops in Europe.
Favbet is one of the most well-known betting brands on the market. Favbet has developed itself as a major online betting site with a wide range of betting markets in its two decades of service. They recently decided to join the online casino world and expand their operations internationally. The United Kingdom and Romania are the target countries.
Favbet is a top-tier sportsbook. It now has a stronghold in Russian-speaking countries, where it accepts a variety of local currencies. Favbet strives to repay the confidence of its more than 250,000 customers regularly by providing a high-quality service.
The Favbet brand is owned by Favorit United N.V that manages the Favbet gaming website daily. In Germany, Russia and Ukraine, they have more than 400 shops for betting. The government of Curacao has given an online gaming license to Favbet. Antillephone N.V has given the sublicense to Favbet.
The Ukrainian Premier League has Favbet as its title sponsor. Favbet is powered by Betsoft, Microgaming, Belatra Games, Evolution Gaming, NetGame Entertainment, Dragon Gaming, Net Entertainment, Authentic Gaming and several other software providers.
Favbet is available for users in English, Russian and Ukrainian.
Players from Austria, Australia, Switzerland, China, France, Isle of Man, Jersey, Netherlands, Singapore, United States, Vatican, and some other countries are not accepted at Favbet.
Design and layout user-friendliness of the site/app
As technology advances, many companies started developing mobile applications for online gaming.
The mobile edition of Favbet online betting is identical to the regular website in terms of features. Favbet is simple to use on a smartphone. A fully functional Mobile Version app is available for all smartphones (from Android version 7), including Apple’s iPhones (from version 11). The setup is easy, and the download only takes a few minutes. Download the.apk file from the Favbet website. This is a non-Google Play store app. You must disable your phone’s security settings to enable installation from unknown sources.
Favbet’s website is well-designed and well-organized. It has a user-friendly GUI. The interface colours produce a clean, modern image without being visually distracting. This makes the website exploration simple.
Many of the major leagues and sports are represented in the middle. Most of the bookmakers make you scroll to view the events list. Favbet makes it easy to view all events with just one swipe. The “Login” and “Create” options are located in the upper right corner. You can navigate to Favbet’s other items, such as a Casino, Live Casino, Lottery and more through its pancake menu.
The website is mostly blue and white, with some green. The site’s overall appearance and simplicity are enhanced by the fonts used.
The old edition of the website is still available to view on Favbet. The website’s overall design and layout are similar to many other online betting sites’ overall GUI.
Favbet is well-known for its sportsbook, so it’s no surprise that there’s a wide range of sports to pick from. Soccer, Olympics, Basketball, Tennis, Boxing, Cricket, Chess, Golf, Cycling and more sports are available in Favbet sportsbook.
The major leagues in the United States remain the subject of attention. Favbet pays particular attention to major international sporting competitions such as the FIFA World Cup, the Champions League, the Europa League, the EFL as well as other important leagues.
You may also use Favbet’s System Bet Calculator to calculate the possible winnings of a system wager. One of the reasons that make Favbet so famous is the brand’s generous winning limits.
The degree of user-friendliness of any online sportsbook is determined not just by the availability of a wide variety of markets. It’s the degree of simplicity, versatility, consistency and continued availability of its range of betting items.
Favbet offers the industry’s best offerings in this regard. It also gives players the option of cashing out their winnings.
Virtual sports have become increasingly common in recent years. So it’s no surprise that they’re available at any reputable online bookmaker. Favbet is no different, offering virtual sports from a variety of sources.
Favbet is a great place for younger gamblers.
Members can bet on virtual sports, realistic virtual teams, and virtual racing events through the Favbet Virtual Sports feature. This feature will let members earn money quickly.
Favbet delivers a variety of virtual sports. Betradar, Inspired, and Vermantia all offer Virtual Tennis, Basketball, and Football League Betting. Inspired Gaming, based in the United Kingdom, has the most comprehensive collection. This includes Cycling, Horse Racing and Dog Racing.
Customers who want to take a break from sports betting can visit Favbet’s impressive casino site. Novomatic and Microgaming are some of the casino slot game providers of Favbet.
Favbet’s casino segment includes a large selection of online slots. Slots are pre-sorted into logical groups, allowing players to quickly find a favourite. Many of the casino table games, such as Roulette, Blackjack, and other Card Games, are also available at Favbet casino.
The games are simple to play because they include the best slots from industry leaders including EGT, NetEnt, Microgaming, MrSlotty, and Endorphina.
Users can also use the TV Lotto connect to participate in some live betting options. Lottery fans will appreciate having access to lotteries from countries around the world. Favbet members have access to the world’s best lottery games.
The markets and betting choices available differ by sport. Over/Under, Winner, handicaps are some of the markets that Favbet provides.
Betting margins are determined by combining odds from various sporting events. Please keep in mind that margins vary by sport and even league.
The odds format provided in Favbet is Decimal in Europe, Hong Kong format, Fractional in the UK and American in the US.
One of the most common sought-after features in the betting industry right now is in-play betting. Bettors can watch live matches and put live bets on Favbet TV. More than 150 live events daily. The “Live” tab displays a variety of in-play betting choices.
To get free live broadcasts, log in to Favbet. To watch video broadcasts, there is a minimum balance and minimum bet criteria. Please check the website as it changes over time.
Look for a green Play icon next to a sporting event. For a few events, Favbet provides free live streaming without logging in. Users will see a red play button if the event live is not free. Before the beginning of the live stream, the play button will be grey. Favbet live video streams are of excellent quality. There are no advertisements during live streaming.
Favbet TV is an incredible feature that deserves to be discussed because it takes live sports streaming to a whole new level. It eliminates the need for special channels or conventional television coverage. More than 200,000 live broadcasts are available.
The Live Casino gives immediate access to the most creative, immersive, and thrilling experiences. Recent technical developments have made this possible. Blackjack, Casino Hold’em, Roulette, and Baccarat are a few among the live casino games offered by Favbet.
To access the live casino lobby, go to the menu bar and press the “Live Casino” icon. HD video streams and crisp audio effects bring the action to life. This is the segment to play if you want to have a practical casino experience in the comfort of your own home.
Football is the most common in-play sport. Members can also bet on basketball, hockey, and table tennis in real-time. You can view event statistics and game time during live betting.
Odds will be dynamic during live betting. The bookmaker settles the bet depending on the match’s result.
A few live betting events in the TV lotto are Baccarat, War of Bets, Lucky 7, Bet on Poker, Dice, Lucky 5, and Wheel of Fortune. For those who enjoy making predictions on the results of different games, TV Lotto is a fun choice.
Freebies, bonuses and promotions
Let’s start with the most important considerations when entering a new casino. That is bonuses and promotions. Favbet understands the value of choice, and players can choose from a wide range of promotions.
Favbet not only looks after new clients but also gives weekly discounts to current customers.
Favbet offers a risk-free bet to new users. This protects them against losing their first wager. You can bet on any event in Favbet. If your bet loses, they will refund your money. For betting limits, please refer to the Favbet website.
Users should select the risk-free bet in the bet slip during betting. When you make a risk-free bet, the sum wagered is deducted from your account in the same way as every other bet is deducted. If the wager fails, the fund will be returned to your account. This deal is only available to customers once. Currently, the maximum risk-free bet sum is €15. The minimal odds of each event is 1.5.
For sports bets, you will get a 100% deposit bonus of up to €75. Deposit at least €10 or equivalent. To claim your bonus, go to “Start” and place Sports bets worth a total of 10 times the bonus amount. You can monitor bonus status in “My Account”. Click on “Accept” to have your bonus credited to your account. Only the wallet from which the deposit was made would receive bonus funds.
For 10 days, the bonus offer is valid. €1 is the minimum stake for Sports bets. Sport has a maximum stake of €50. The bonus excludes bets that are labelled “risk-free” or “cash out.”
Favbet’s casino customers can take advantage of a variety of ongoing deals in addition to its welcome bonus. They give a special deal to their customers every day of the week.
The casino deposit bonus is also similar to that of the sports deposit bonus. €75 is the maximum casino deposit bonus. Bets should be placed 25 times the bonus amount to get the casino deposit bonus. The minimum bet in the casino is €0.2.
Current promotions available on sports are a welcome bonus(€150), euro result prediction(€745), risk-free bet(€20) and multiple of the day(+10% bonus). For the complete terms and conditions, visit the Favbet website.
Current promotions running on Casino are, Money Totem Tournament(€7000), Lucky Weeks Tournament (€60000), May Madness Tournament (€60,000), Its Booongo Birthday Tournament(€120,000), The Reel Of Fortune By Playson and Casino Branded Games every Tuesday and Wednesday.
Please keep in mind that the Favbet casino regular deals can change at any time. Please visit the website to get the most up-to-date details on casino bonuses.
Favbet’s loyalty scheme, which rewards players when they play, has earned them a great reputation. Players with the ranks Amateur, Master, or VIP will be able to purchase products from Favbet Sports Shop with the points earned from the loyalty program. A player must accumulate the appropriate number of status points per month. You are then able to swap the accumulated points for prizes at the event running at the Favbet store.
3500 – 50000 bonus points needed for Amateur status. 50,000 – 333000 bonus points needed for Master status. 333000 or unlimited points needed for VIP status. In addition, the Master status has a monthly cashback of 5%, and the VIP status of 10%, as well as 7% for the casino product.
Customer service, live chat, email support, tel call
Favbet’s customer service team is efficient and accessible 24/7. We know from the representatives that they can provide support in any language as required. Favbet customer care team members are friendly.
Customer service is offered in Ukrainian, Russian, French, German, Greek, Italian and Romanian in addition to English. This makes communicating with them far easier. You can contact the support team via live chat, email, Telegram, 24/7 hotline and Viber.
Smaller websites often provide great customer service, and Favbet is no different. Favbet is also registered on Facebook and YouTube media.
Players who want to register at Favbet can find the process easy. Click the “Create” button on the top of the website. Select your country, enter your mobile number, enter your email, enter a password, and then click the “Join Now” button. Choose a password that is difficult to guess while still being simple to remember.
Your account will be created successfully and you can update further details on the profile page. Enter first name, middle name, last name, date of birth, and gender. Then choose a confidential question and answer it.
It’s important to remember that the information you provide during the account registration process is permanent. After you have submitted your account details, you will receive an automated email confirmation that your account has been successfully registered.
Account registration isn’t always the last phase in getting started with an online betting platform. In compliance with international laws of gambling activities, Favbet reserves the right to check all newly opened accounts at any time. To do so, their accounts department needs to gather particular documentation and information. If you want to withdraw your earnings, you must get your account verified. Your email address is also used for account verification.
Favbet gathers and retains all personal information, which is never sold and is only used to validate potential withdrawals. The company, on the other hand, can use it to notify customers and distribute promotional material about new products and features. Your information is secure and will not be shared with third parties since the online bookmaker is controlled by Curacao Gaming Authority.
The verification procedure is also very straightforward. Before your account can be checked, you’ll need to have some paperwork on hand. Your identity document is the priority. You may also need to have proof of address in addition to the identity document.
It is necessary to present a national photo identification document such as a passport, a driver’s license or an ID card. Credit card front side displaying initial 6 digits and final 4 digits should be submitted. Users should hide the remaining digits on the credit card when submitting the scanned image. For proof of your residence, submit a recent bank statement, residential utility bills or recent credit card statement.
The verification is possible for the clients, who have already placed at least one bet or used the casino product. ID card information has to be saved in your account’s “Withdrawal -> Balance” tab after this.
Later you should contact Favbet via email and provide scanned copies or photographs of your ID card. A clear copy has to be submitted strictly. ID card copy should be on one page. ID details and stamps and seals must be visible on the page as it is in the original.
Once you’ve sent the necessary paperwork, Favbet will complete the verification within 24 hours. If your records are fine, you will receive an email with a verification success message. Else, Favbet will ask you for any clarification required in the information submitted.
Favbet offers a wide variety of payment options to its customers. Favbet accepts payment methods such as VISA, Poli, MasterCard, iDeal, MuchBetter, Advcash, Skrill 1-Tap, Skrill, EcoPayz, Wallet One, BPAY, RunPay, Neteller
and more. Payment methods can vary depending on where you live.
You should deposit €8 or an equivalent minimum. The minimum withdrawal is also €8. The minimum bet required is €0.1 or equivalent. Maximum bet varies depending on events.
Deposits are immediate and secure. Withdrawals take 1-3 days maximum. The payout times for eWallets are fast (24 hours).
The withdrawal limit of each payment mode differs. Please refer to Favbet payment rules for more details.
Favbet’s payment choices are remarkably good by regional standards. The wait times aren’t ideal, but we agree this is the responsibility of the suppliers.
Your preferred currency is determined by your country of residence. Since the majority of the bonuses here are in Euros, current Forex rates will be applicable in money deals.
Currencies accepted in Favbet are USD – American Dollar, EUR – Euro, RUB – Russian Ruble, UAH – Ukrainian Hryvnia, TRY – Turkish lira, CAD – Canadian dollar, MDL – Moldovan leu, PLN – Poland złoty, BRL – Brazilian real, MXN – Mexican Peso, RON – Romanian Leu, INR – Indian rupee and GBP – Pound sterling.
Favbet does not collect any tax on winnings, but the commission is applicable for payment methods.
Reliability, Integrity and Safety
Favbet is a well-known and well-respected online gaming platform that has been in business for over two decades. Favbet has a valid licence from the Curacao government, which is one of the most dependable licences available.
Favbet offers completely legalised gaming venues on all sites and in-person locations. It also has a sub-license from Favorit United N.V, a Curacao-based company. Favorit follows all of the laws and regulations of Curacao.
When data travels between the player’s device and the casino’s server, data might get stolen by hackers. The Favbet casino uses 128-bit SSL encryption to secure player information.
What does the site not have?
To continue to develop in highly competitive markets, Favbet will need to boost the brand’s odds even more. More common sporting types like football have to be the priority. For certain matches, cash-out is not always open. The live streaming functionality is only available in a few countries. Sometimes there are no broadcasts since Favbet does not have a source of broadcast for some events.
Live chat service takes just a few minutes delay to respond when compared with other bookmakers. Users post complaints in forums about verification documents acceptance issues in Favbet. Players also complain that Favbet focuses mainly on top-level players.
Products and apps
Favbet offers sports betting, in-play betting, betting on virtual sports, casino, live casino, slots, poker, lotto games, TV games options. The same services are available in mobile mode and in the Android app. The app can be downloaded directly from the website. Favbet also offers iOS sports betting app. It can be found in the App Store.
You can fund deposits in Favbet via VISA, Mastercard, Maestro cards, Skrill, Skrill 1-Tap, Neteller, ecoPayz, MuchBetter, Safecharge, paysafecard, Wallet One, BPay, Runpay, advCash, Monetix Wallet, Bradesco, Webpay, Banco do Brasil, Boku, iDeal, Itau, Poli and eps. The minimum deposit sum is €10 for all methods except for Monetix Wallet – 50 RUB, BPay and Runpay – 10 MDL, Wallet One – 25 UAH. There is no maximum limit. The processing is usually done instantly. The bookmaker charges no fees for deposits.
The withdrawal can be made via VISA, Mastercard, Maestro cards, Skrill, Neteller, ecoPayz, MuchBetter, Safecharge, Wallet One, BPay, Runpay, advCash and Monetix Wallet. The minimum withdrawal amount is €10 for all methods except for BPay and Runpay – 20 MDL, Monetix Wallet – 50 RUB. The maximum limit is €3,000 for all methods except for BPay and Runpay – 20,000 MDL, Monetix Wallet – 15,000 RUB. The processing takes from 1 to 3 days for cards and is done within 24 hours for other payment methods. The bookmaker charges no fees for withdrawal. The bookmaker offers an instant withdrawal option available for cards and UAH accounts and charges a 1,5% fee for that.
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Favbet accepts 11 currencies: British pound, Euro, US dollar, Russian ruble, Turkish lira, Brazilian real, Ukrainian hryvnia, Indian rupee, Polish zloty, Moldovan leu and Mexican peso.
as an arbitrator
Lower the maximums
Favbet offers email, live chat, call centre, Telegram and Viber options for contacting its support service.
You can learn about the feedback and opinion on sum withdrawals and betting in Favbet in the “Feedback” and in the comment to the review. Learn here about the experience of Favbet users. Share your experience with everyone.
To use the bonus, users need to make a minimum deposit and should meet the bet requirements. Users can keep track of bonus status in “My Account” and accept it once the bonus gets credited.
Favbet, at the time of publishing, does not offer a free bet. When there is an offer, users will get a message in the inbox of the Favbet account with complete details of how to claim this.
To withdraw winnings from Favbet, users should complete document verification first. And then they can proceed to withdrawal by selecting a withdrawal option.
No, currently Favbet doesn’t offer the best odds guaranteed, but we suggest they do.