Favbet Review

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Overview

Company Information Favbet is an international bookmaking company from Ukraine founded in 1999. The website and online platform of the bookie are operational since 2001. The company has a large… more

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Details

BookmakerFavbet
Website URLhttps://www.favbet.com/
Online Since1999
Excluded CountriesU.S.A.
Website LanguagesEnglish, German, Greek, Spanish, French, Croatian, Italian, Romanian, Russian, Polish, Slovak, Ukrainian, Turkish, Norwegian, Danish, Swedish, Bulgarian
Account CurrencyUAH, EUR, RUB
Odds FormatsDecimal, American, Hong Kong, Fractional
Betting OfferSoccer, Tennis, Basketball, Volleyball, Handball, American Football, Baseball, Water Polo, Lottery, Futsal, Cricket, Rugby League, Chess, Specials, Cybersports, Formula One, MMA, Field Hockey, Golf, Table Tennis, Motor Sports, Cycling, Boxing
Deposit MethodsBank transfer, Visa/Visa Electron, MasterCard, Maestro, Skrill, Skrill 1-Tap, Webmoney, PayPal, Neteller, Netellergo!, Wallet One, Yandex.Money, Sofort Banking, Moneta, ecoPayz, Bradesco, Webpay, Banco do Brasil, Boku, Giropay, iDeal, Itau, Poli, Sofort, ePay Bulgaria by Skrill, EPS Netpay by Skrill, Payolution by Skrill, Paysafecard by Skrill, Paytrail by Skrill, Przelewy24 by Skrill, Trustly by Skrill
Withdrawal MethodsVisa, MasterCard, Neteller, Skrill, Webmoney, Qiwi, Wallet One, Yandex.Money, Moneta, ecoPayz
Support TypesPhone, Live Chat, E-mail
Customer Support E-mailinfo@favbet.com
Minimum 1st Deposit€10
Maximum Winning€100,000
Minimum Bet Amount€0,1
Maximum Bet Amount(Limits)€300
Asian Handicap Yes
Mobile Betting Yes
USA Players Allowed No

Pros

  • Great selection of payment options; Multilingual website

Cons

  • Only in three currencies

Full Review

Company Information

Favbet is an international bookmaking company from Ukraine founded in 1999. The website and online platform of the bookie are operational since 2001. The company has a large affiliate network in many countries worldwide, such as Belarus, Moldova, Russia, Germany, Romania, Kazakhstan, Tajikistan, Tanzania and Rwanda. The total number of offices is more than 1000. Favbet is the leading gambling and entertainment provider in its home country Ukraine. The bookmaker offers various betting opportunities for almost every taste, and its clientele grows rapidly with more than 250 000 active players nowadays. The owner behind the scene is Favorit United N.V., which has its gambling activities and licence under the jurisdiction of Curacao. Favbet is one of the many online bookmakers that has strict policy against players from the USA. Gamblers from the States are not allowed to play on the online platform as well as citizens of Puerto Rico and the Virgin Islands. As a big name from the industry, Favbet has a well-established reputation of a traditional bookmaker and a favourite choice of many professional and amateur gamblers from different parts of the world. The website of the company now allows everyone with intention to use their service to do it easier and faster than ever before.

 

Betting Information

Online sports betting is one of the main activities operated by Favbet. With more than 20 sports and 120 different leagues available to this date, the bookie offers a great number of choices for its customers. Of course, the most popular sports worldwide are included, as well as some of the “exotic” ones. Live betting is also presented for more than 200 sports events every single day. Live streaming is also part of the offered services, but only on football games. One of the best additions to Favbet’s website is the huge database full with the various statistic that will make every hardcore sports bettor happy. And all of this available on both mobile and desktop devices.

 

Apart from the sports gambling, the company offers both standard and live casino games for its players. Games like Baccarat, blackjack, roulette and hold’em can be played 24/7. The bookie offers real casino games, live dealers and all of that 24/7 There is also a nice selection of virtual sports to pick from, but probably one of the most attractive offers is the financial market trading provided, where any registered player can choose a price direction and place a wager.

 

Odds Information

Players can expect an amazing range of great odds listed in EU format. With an overall betting margin of 5.4% and a great average payout of 92.67%, Favbet is surely an excellent choice for every recreational gambler. There is a minimum stake of €0.5 for all the sports and maximum boundary that usually varies depending on the sport in question. It’s natural for winnings to have a limit and according to Favbet it’s €100 000. Another fine feature is the betting history, which can be reviewed at any time by the player.

 

Talking about odds, we can’t miss the football betting options presented by Favbet. There are numerous choices for every dedicated fan of the most favourite game of all, such as the usual 1X2, Correct Score, Under/Over, Half-Time, Full Time, Both Teams to Score, Goalscorer, Corners, Cards and many other possibilities. Favbet also gives bettors the chance to make complicated betting schemes, such as Combinations and Systems.

 

Security and Customer Services

The Ukrainian bookmaker employs a high level of security for almost every aspect of their platform. The website uses SSL encryption and protects all the traffic in both directions. The databases with account information are also perfectly secured. According to the online bookmaker, all rules for fair gaming and responsibility are followed to the letter.

 

The support department of Favbet is quite responsive but, unfortunately, does not offer help over the phone. The only way to contact the customer service is by email or live chat. The bookie representatives are ready to assist any queries 24/7 and 365 days a year. Alternatively, players are also free to contact the company on Skype.

 

Deposits and Withdraws

Payments can be made by a large number of currencies available on customers’ accounts, and the most popular ones are surely presented. All of the currency you can see in the table. When it comes to deposits and withdraws, however, options are not that colourful. Only the most widely used payment methods are supported by the bookmaker. All of them you can see in the table. The good thing is that there are no fees calculated on both deposits and withdraws. Transaction history is also linked to every account, so users can freely check their statements every time.

 

Deposit Bonuses and Loyalty Programs

All kinds of bonuses are completely absent from Favbet’s offering. New players might be disappointed, but the only type of promotion, which applies to this online sports betting provider is their loyalty program. Existing players are welcome to join the Favbet Club, which has free membership, and enjoy some fine rewards and gift from the Favbet Shop. There are different statuses available, which unlock different types of presents. The whole system relies on great gamification, and it is an attractive experience for most players.

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