Rank
Rank 85/100
Deposit bonus
Deposit bonus Up to UAH5000
Favbet
Favbet

Favbet review

Players:
No data about your country
Online Since:
1999
License:
Curaçao eGaming n°8048/JAZ2016-068
Location:
Curacao
Rating:
4.3
Owner:
Favorit United N.V.
Currencies:
USD, EUR, PLN, RUB
Minimum Deposit:
1€
Ratings Breakdown
Overall
86%
Banking
94%
Bonuses
80%
Customer Service
94%
User Interface
80%
Payment Methods
80%

Favbet is an international betting company founded in 1999 on the territory of Ukraine. Despite its origin, the company is focused not only on citizens of the CIS – the site has been translated into 15 languages. The company operates under a Curacao license. Among the advantages of the bookmaker, users note a wide variety of games and fairly high odds. In addition to sports betting, the company also offers its customers casinos, bet games, asian bets, bookmakers reviews, live dealer games, virtual sports, e-sports, TV lotto, politics and show business.

In addition, the bookmaker Favbet is a sponsor of the football club Dynamo Kyiv and the Ukrainian Premier League, and the face of the company is Barcelona midfielder, Ivan Rakitich. In this Favbet review, we will look at the main sections of the bookmaker’s website, Favbet user reviews, and find out what the advantages and disadvantages of this company are.

Overall info

If we are talking about the international version of the FavBet site, then players from any country can visit the site – the rules are the same for everyone. The only difference that exists is that in some countries the domain favbet.com is blocked.

If you use the services of the FavBet company on an ongoing basis, then the easiest way is to download the mobile application of this bookmaker company. The mobile application of the Favbet bookmaker includes all the functionality and capabilities of the company.

Favbet history

The betting company FavBet has Ukrainian roots and is known in the world betting market since 1999. Previously, the company was known under the name “Favorite”, including on the Internet since 2001. The company was quite successful and occupied a significant market share in Ukraine, Russia, and Belarus, and was also known in other post-Soviet countries.

Subsequently, after changes in the legislation regarding gambling in Ukraine and Russia, the bookmaker’s reputation suffered.

At the moment, FavBet accepts bets on the Internet-based on a sub-license issued by Antillephone N.V., which has the right to issue sub-licenses to online gambling companies under License No. 8048 / JAZ. The license was renewed by the Governor of Curacao on August 1, 2014 (Ordinance No. 14/1528) and is valid until November 2023.

Favbet review

Favbet official site

Bookmaker license

Favbet exists thanks to the license of the Ministry of Finance of Ukraine. In addition, the site’s activities are supported by licenses from Belarus and Curacao. The most popular and famous of these is the Curacao license. The main feature of the Curacao license is that the operator receives a license from an EU country and a net profit tax of 2%.

The company also had obtained local licenses in Ukraine, Croatia, Romania and Belarus. The sports betting platform is built in-house. The company, Favorit United N.V., maintains more than 400 betting points in several countries, including Russia, Ukraine, and Germany.

Favbet sportsbook review

Among sports, football is especially well represented on the FavBet website. For many years, the bookmaker has been cooperating with the leading football clubs and sports organizations of Ukraine, since the company was founded in this country. Much attention is also paid to the Belarusian football championship. For the most popular football tournaments, the bookmaker traditionally gives a wide line and a good action line.

Bet line:In addition to football, other sports are also well represented here – available sports Favbet are tennis, basketball, ice hockey volleyball, beach volleyball, table tennis, cross country skiing, alpine skiing, alternative handicap tennis, handball.

The company also has a well-developed eSports section. For some events, the list at FavBet is no worse than at specialized bookmakers.

The management of the FavBet company strives to provide the largest and most varied action line in its line. The analytical department of the bookmaker is constantly working on adding new markets to the list of sports, wishing to provide the largest number of betting proposals to the player.

Betting line

Favbet offers users to place bets on more than 20 sports. The choice of bets on the site is average (about 30 championships of different countries are offered for football), the line has no advantages compared to other bookmakers. About 70 positions are given for the top event in football.

On the company’s website, you can place bets on events in show business, politics, Versus, cyber (Counter-Strike, Dota 2, LOL, StarCraft II, and StarCraft: Brood War), and virtual sports.

Favbet betting

Bet line

By the type of line formation, the FavBet bookmaker belongs to hybrid bookmakers – part of the line is drawn up by the company’s own analytical department, the rest – by leading IT suppliers. Compared to competitors, the line comes out a little late.

The FavBet company most often provides the largest and most variable action line in its line. The analytical department of the bookmaker is constantly working on adding new markets to the action line of sports. thus, the company provides its clients with the largest number of betting offers.

By the level of listings, FavBet can be classified as one of the best bookmakers in the world. However, there is also a drawback here – small market limits and errors in quotes, which are fraught with a possible return of bets to the player.

The tennis line should be noted separately. There is a very rich list of matches (about 25-30 markets), regardless of the category of the tournament. The client can place bets on the course of the drawing of each point in the game. It is also possible to place a bet on a unique market: for example, to guess whether the score will be 40:40 in a game.

Live betting

The Live line at FavBet has a large number of sports and matches. The entire Live Betting platform is implemented at a high level, but there are no particularly unique offers here.

The list on football is at an average level – a line for the statistics of teams is available for the matches of major tournaments.

You should also pay attention to the tennis line – here you can find a very rich list of matches – about 25-30 markets, regardless of the category of the tournament. Users can place bets on the course of each point in a game. You can also place a bet on a unique market: for example, guess whether the score will be 40:40 in a game.

Favbet live

Live betting

The company has average coefficients for the Live section – margin in the range of 5.5% – 10%, which is typical for most bookmakers. Bets are accepted within 5 seconds.

In the live section, there is also the option “1-Click Bet” – it allows to partially eliminate the problem of accepting a Live bet at the current odds in dynamic sports, which is standard for most platforms. It is necessary to determine in advance the amount of the bet for the option and fix it for automatic placing. The option works only for single bets.

To speed up the process of placing a bet in the Live section, there is an option to configure the mode of accepting a bet – “Notify when the odds change” Options: Yes; Reduced only; No.

Betting odds

As for the odds, the margin for top events is about 5% – this is a standard value for non-professional bookmakers. On less popular tournaments and live matches, the margin can be up to 10%. If you are betting on leading sporting events, then FavBet is a great choice for you. The odds in this bookmaker will delight those who like to bet on large markets.

Margin:The average margin for a bet before the start of the event is about 4-5%.

What makes the sportsbook popular are the 200+ football markets pre-match and the high basketball odds.

Favbet casino review

It should be noted that the casino is only available in the international version of the site. For the Belarusian version of the casino, other gambling games are not available – only sports bets can be found there. The international bookmaker favbet.com offers its clients a very wide section with casinos and various online games. Blackjack, roulette, all kinds of table games – all this is on the site. The advantage of the casino is that the limits on classic card games are usually high. In addition, the bookmaker often gives bonuses to beginners and experienced gamblers.

Card and table games are very popular at Favbet Casino. Among these games are the following: baccarat, poker, blackjack and many others. Poker is especially widely represented in this gaming club – here you can find its various types, which differ from each other in the size of payments, winning combinations of cards, the number of hands and other features.

Blackjack is also very popular with Favbet casino players. All kinds of its variations are presented on the pages of the casino: European, American and others. The main task of a casino user in all types of blackjack is to collect a combination of cards, the amount of which will be more than that of the dealer, but not exceed 21 points.

Favbet casino

Casino Games

Favbet casino has a wide variety of gambling games, and is also able to offer many other important advantages: various ways of making a deposit and withdrawing funds, a convenient and modern site, a mobile version of the site, responsive technical support, generous bonuses. On the website you may find american football, table tennis, rugby union, ice hockey, online casinos, gaelic football, dog racing, australian football. YOu may also find here popular online bookmakers, casino bonuses, online betting markets, live bets, different sports markets, live streaming, auto roulette at Favbet online casinoand much more. All these advantages make Favbet casino a popular option among many gamblers.

Slots

The main feature of the slots section is that all gambling games in this category have certain parameters, the most common of which are: paylines and reels. There are classic slot machines that differ in simple rules – they usually have three reels and 5 active lines.

Modern slot machines are especially popular among players, which, in most cases, have a number of different features: special symbols, bonus rounds, free spins, risk games, additional multipliers and much more.

Licensed slot slots presented in Favbet online casino differ in that the result of each spin is determined by random numbers. Thanks to this, the gaming club is able to guarantee all its users one hundred percent honesty and transparency.

Live casino

The official casino website has many exciting games and live games from such popular providers as Novomatic, Igrosoft, Playtech. Licensed software used by FavBet casino guarantees honesty and transparency of the gaming process. All games in the catalog are divided into categories:

  • Popular – high-rated games that have become classics of online gambling: Book of Ra, Dolphin’s Pearl Deluxe, Crazy Monkey, Lords of the Ocean and others;
  • FavBet Slots – a wide selection of slot machines;
  • Table games – Caribbean poker;
  • The Chosen – games that participate in tournaments with a large prize pool.

Each game can be found using the search bar. Games differ in theme, design, game mechanics, bonus option and jackpot availability.

Favbet live casino

Live dealers

Customer Service

If you have any problems while working on the bookmaker’s website, you can always contact the support service. You can contact the operators using the hotline number indicated on the website. In addition, you can also write by email or Skype. The site also has an online chat that works at any time of the day.

Favbet bonuses

BonusesHow to get
Express of the Day (10% profit)You have to place an express bet from 3 to 5 events with an increased odds. If customers agree with the outcome of this express, then they can bet on it with a 10% profit.
Risk free betYou have to register on the site and place your first bet.

There is also an interesting offer for new players – “Risk Free Bet”. The player must register on the site and place his first bet. If it passes, then the player receives his winnings, if not, then the money is returned to his account. Keep in mind that the stake cannot be more than 50 euros; the coefficient for the single bet is not less than 1.5, for the express and the system – not less than 2.5. It is important to indicate on the coupon before placing a bet that you are placing a risk-free bet.

Deposit and withdrawal

Since the bookmaker Favbet operates in different countries, it uses different payment methods. Favbet, like most bookmakers, accepts Visa and MasterCard bank cards for payment. Using these methods, you can replenish the deposit in two currencies – in euros and hryvnia. In both cases, you will need to enter the number and other card details. Moreover, it must be registered to the person who owns the account in the bookmaker’s office.

In addition, you can also make a deposit using electronic payment systems: Skrill; Neteller; Qiwi and some others.

The company’s website states that making a deposit takes no more than an hour. In practice, funds are credited to the user’s account usually within a few minutes.

Attention!:The bookmaker Favbet does not charge a commission on deposits, but most payment operators have money transfers as a paid service. The minimum deposit amount to fund your account is 10 euros.

To withdraw funds from your account, you can use the same methods as for crediting funds – these are bank cards, as well as Skrill systems; Neteller; Qiwi and some others.

The possibility of withdrawing funds to cards with the MasterCard system is limited – it depends on which country the card is issued in. Money is withdrawn to bank cards of the Visa system without restrictions.

It takes no more than a day to withdraw funds, but a 1.5% commission is charged. If the client withdraws euros, then he will have to wait up to three working days, but he will not have additional costs.

Payments to electronic payment systems are made per day and no commission is charged. The maximum amounts for withdrawing funds are: Skrill – 3,000 EUR; Neteller – 3,000 EUR. The minimum withdrawal amount is € 10.

Special betting options

A feature of the FavBet company is the FavBetTV service. The bookmaker is one of the leaders in the world betting market in terms of the number of broadcasts. Many players open an account at FavBet just for the sake of sports broadcasts. Here you can watch broadcasts on such sports as:

  • football;
  • basketball;
  • tennis;
  • hockey;
  • horse racing;
  • cybetsport.

Competitions for these and many other sports can be viewed on the FavBet website. There is only one condition for players – the account balance at the time of watching the broadcast must be at least 10 euros or you must place any bet within 24 hours before the broadcast starts. Otherwise, the player will not be able to watch any broadcast on the site. The advantage is the efficiency of the service – broadcast delays are extremely rare, and if they are, they are no more than 5 seconds.

Mobile apps

The bookmaker has a mobile version of the site, which helps players save time – the mobile version loads much faster, and the functionality is no different from the main version of the site. Here you can also register an account, make a deposit, as well as view all promotions, and place bets. To switch to the mobile version – you need to go to the official website of the bookmaker from a mobile device – the mobile version will be loaded automatically.

AppSpecifications
 IOs

  • Size – 88MB
  • Language — Ukrainian, English, Russian, Romanian
  • IOS or iPadOS software version must be 11.0 or newer
  • Where can i download it: at the official website of the company
Android

  • Size – 17MB
  • Language — Ukrainian, English, Russian, Romanian
  • IOS or iPadOS software version must be 5.0 or newer
  • Where can i download it: at the official website of the company

Surprisingly, the iOS mobile app is only available for the Belarusian version of the FavBet website. It can be downloaded from the same page as the Android app by going to the company’s main website. Make sure that in the AppStore settings you have the Republic of Belarus, and download the mobile application for Apple devices. Installation takes place in seconds, and you can immediately wager on your favorite sporting events. For downloading ANdroid version of the application, the operating system version must be 5.0 or newer. For devices with iOS или iPadOS systems — 11.0 or newer. The link to the application can be found on the official website of the bookmaker Favbet.

Our verdict

Thus, we can conclude that the bookmaker Favbet is an average company that severely limits the ability of players to place bets due to its geographic location and focus on the CIS countries. However, despite this, the bookmaker has a number of advantages. First, it is worth noting the possibility of having wallets in different currencies. In addition, the company offers an excellent list for all sports, and the bonus system allows players to regularly participate in promotions and receive good rewards. The company offers players a good statistics section with detailed information on matches. Among the disadvantages, I would like to note the low limits, as well as the fact that sometimes the company’s management can block a user’s account if he does not go through the verification procedure in time. Recovering your account back can be extremely difficult.

Which licenses does Favbet have?

Favbet exists thanks to the license of the Ministry of Finance of Ukraine. In addition, the site's activities are supported by licenses from Belarus and Curacao. The most popular and famous of these is the Curacao license. The main feature of the Curacao license is that the operator receives a license from an EU country and a net profit tax of 2%. The company also had obtained local licenses in Ukraine, Croatia, Romania and Belarus. The sports betting platform is built in-house. The company,

Is Favbet available in the USA?

Unfortunately, Favbet is not available in the USA. In some other countries, direct access to the bookmaker's portal may also be restricted for a number of reasons. Most often, providers are blocked due to the peculiarities of the legislation of a particular country in the field of gambling.

How to withdraw money from Favbet website?

To withdraw funds from your account, you can use different methods - these are bank cards, as well as Skrill systems; Neteller; Qiwi and some others.
The possibility of withdrawing funds to cards with the MasterCard system is limited - it depends on which country the card is issued in. Money is withdrawn to bank cards of the Visa system without restrictions.

Is there a bonus for registering at Favbet?

No, there is no bonus for registering st the website. But there is an interesting offer for new players - "Risk Free Bet". The player must register on the site and place his first bet. If it passes, then the player receives his winnings, if not, then the money is returned to his account.

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