Rank
Rank 120/100
Fonbet
Fonbet

Fonbet review

Published on July 16, 2021 Last updated on April 09, 2022
Players:
No data about your country
Online Since:
1994
License:
Cyprus, Russia, Kazakhstan
Location:
27 Michalacopoulou Street, Office 301, 1075 Nicosia, Cyprus
Rating:
4.1
Currencies:
EUR, RUB, KZT
Minimum Deposit:
2€
Withdrawal Speed:
1-3 days
Ratings Breakdown
Overall
82%
Banking
80%
Bonuses
78%
Customer Service
80%
User Interface
86%
Payment Methods
82%

Fonbet is mainly famous among Russian, Belarus, and Kazakhstan gamblers, but they also provide sports betting services in Cyprus and other European countries. Our Fonbet review is dedicated to the Cyprus division of Fonbet operating under the local license and located on a separate betting platform. We will speak about the lines, margins, betting odds, betting services, and opportunities and will also touch on essential infrastructure points like customer support, deposit and withdrawal methods, mobile gaming, and more.

Overall info

Fonbet is the largest Russian sportsbook network, with more than a thousand bookmaker offices in CIS countries and sports betting online platform available for European gamblers. Fonbet’s central area is sports betting; our Fonbet review is mainly dedicated to www fonbet.com cy, the website version for Cyprus users, which does not offer any casino entertainment or poker and bingo rooms.

Fonbet is mainly famous among Russian bettors but gained a reputation as a trusted sportsbook globally. They cooperate with various Russian and international sports teams and leagues; among their sponsorship deals are contracts with the Russian National Football Team, The IIHF World Championships, La Liga, Champions League, and more. Besides, Fonbet is the official sponsor of Match TV, a top Russian sports channel.

Fonbet history

Fonbet started its operations as an offline bookmaker in 1994 when Russian chess grandmaster Anatoly Machulsky founded his first sports betting office in Moscow. Within several years, Fonbet expanded its services all over Russia and Kazakhstan. In 2002, Fonbet opened its first online betting site Fonbet.ru and grew into one of the largest online bookmakers in CIS countries. In two years, Fonbet became one of the first Russian sportsbooks to accept in-play bets. In 2016, with more than a thousand offices in Russia, Fonbet’s headquarters moved to Cyprus and started working under the local license allowing Fonbet to provide the services for local punters at the Fon bet Com.cy website.

Fonbet review

Bookmaker license

Fonbet is owned by Fortune Entertainment RG Ltd. This legal entity holds a license of the National Betting Authority of Cyprus; the license number is B0012. In Russia, Fonbet.ru performs under another legal entity and is registered under the local gambling license. Some Fonbet reviews mention the Curacao license, but there is no official source confirming this information. Besides, Fonbet puts much effort into protecting from match-fixing in the sports betting industry. It cooperated with the FIFA Early Warning System and Tennis Integrity Unit and became a member of the European Sports Security Association.

Fonbet Sportsbook Review

Fonbet has a neat and convenient layout; what we liked the most is settings allowing bettors to customize the sportsbook view according to their preference. You can set a Bet Slip view and choose how the Event details, Pages, and Navigation look like.

Attention!:Beginning bettors can visit a Help Center to read about sports betting rules, the simplest strategies, and basic betting terms.

When you first enter the sportsbook main page, Fonbet offers you a quick visual lesson on the website navigation.

The overall selection of sports involves almost thirty disciplines; the collection does not look very standard and is mainly focused on summer games. You will, of course, find plenty of markets for the top popular sports like Soccer, Tennis, Basketball, eSports, MMA, and Hockey, but there are also more niche games, for instance, Floorball, Water Polo, Netball, Darts, Cycling, Billiard, Badminton, Squash, and more.

The main page contains a link to the top popular markets with enhanced odds.

Fonbet betting

Bet line

Pre Match line

The number of markets depends on the game; some Soccer events can have a very impressive coverage involving around six hundred markets. For instance, the UEFA Champions League match between Lincoln Red Imps and CFR Cluj has the following bet types:

  • Standard: Moneyline, Spread, Totals;
  • Goal – No Goal;
  • Half Time/Full Time;
  • Halves Compare;
  • Team Totals;
  • Who Will Score the Goal N;
  • Both Score;
  • At Least One Doesn’t Score;
  • Specials, for instance, Even Total, Last Goal from 75 to 90 min, Score Draw, and more;
  • Score in Both Halves;
  • Period of the Goal;
  • Goals Min;
  • Total Specials;
  • Digit Score;
  • Interim Result, and many more, including various team and player props.

Overall, Soccer involves a vast number of leagues: from the top famous International ones to local European football clubs. However, there are no lines for American football, so if you are keen on the North American leagues, you better opt for Basketball or Baseball, which also has in-depth coverage with up to two hundred bet types per single event.

Speaking about popular eSports, you can find many cyber events available for pre-match and live wagering. The covered eSports disciplines include Counter-Strike: GO, League of Legends, Call Of Duty, Rainbow Six Siege, Dota 2, and Valorant. The markets in the digital sports events also include various props like Overtime or Even Total, and Round, Win, Draw, and Regular Time wagers for each map.

Fonbet Live

The live betting section at Fonbet also has much to offer; you can find more than a thousand bets to pick daily. Even special sports like Beach Volley can involve about thirty markets, for instance, Point Race, Team Totals, Handicaps, and more.

Live odds:You can monitor odds; when they become higher, they are highlighted in green, and if the odds become less profitable, you will see a red arrow on the odds amount.

Many events are available to watch via the embedded live streaming service; you can also visit a Match Center to check live statistics. Fonbet accepts live bets in a couple of seconds, and if you wager via a mobile phone, you will receive notifications of the most important events during a game.

live betting

Live line

Betting Odds

Fonbet has a pretty lucrative Soccer offering; an average betting margin for soccer events is approximately 4,5% which is competitive compared to many leading sportsbooks. However, many of them can come with a margin of about 5%-6,5%, which is not the most competitive offer. Hockey and Tennis margins are also kept on about 6% level.

The odds are overall competitive but are not extraordinary; the line moves pretty quickly during the live events, so you can fix the odds by setting the Bet acceptance mode. As the lines are deeply covered, you can find many unique markets, but the most popular bet types are worth comparing with the other sportsbooks.

Fonbet has their own oddsmakers’ team, so their odds are pretty elaborated; some of them are published earlier than at the other online sports betting sites.

Customer Service

We have already mentioned Fonbet Help Center. It is an extensive collection of articles divided into several categories: FAQ, Instructions (how to set the interface and how to download apps), Training (tips for beginners and betting strategies), and a Sports Betting Glossary. You can search the articles by the keywords, so we suppose most members can solve their issues without contacting the customer support advisors.

However, if you still need to talk to the agents, you have the following options of contacting the support:

  • Fonbet Live Chat: available 24/7 in Russian, English, and Greek languages;
  • Phone: local Cyprus phone number, available during the working hours;
  • Email: [email protected]; email inquiries are replied to within a couple of hours;
  • Social Networks: Facebook, Twitter, Instagram;
  • Messengers: Telegram Support Bot.

The reviews show that the agents work professionally and answer the questions promptly in most cases.

Fonbet Bonuses

Fonbet provides its new customers with a generous number of bonuses and promotions; among them are the first deposit and no deposit welcome free bets, free cash and seasonal offers. You can find all promotions at the dedicated sections of Fonbet and check all terms and conditions of each bonus. However, we have not found a sign of any promotions for regular customers, like rebate bonuses or any loyalty program.

Overall, the offers are not the most lucrative compared to various global online sportsbooks, but the fair wagering requirements and a choice of welcome promotions compensate for pretty moderate maximum amounts you can receive in a free bet or free cash. Besides, there are no country or payment method restrictions, but the stakes you make with the sports betting bonuses can not exceed a certain amount.

Bonus typeBonus conditions
Welcome BonusCreate an account, make your first deposit, opt for the promotion and get a 100% deposit of up to €300. You can receive the bonus money as free cash on your account or in the form of a free bet.
No Deposit BonusEnter the promo code WELCOME during the registration, and within 48 hours, you will receive a free bet of €15 before you make any deposits. You can use the bonus within a month; some betting markets can be excluded from the offer.
Account Verification BonusEnter the promo code FONBET20 when you register and verify your account. After the verification procedure is over, you receive €20 in the form of a free bet.
Bonus AccumulatorCreate an accumulator bet consisting of at least six events at odds from 1,6 or more. If one of the Accumulator’s legs loses, you will receive your stake back to your account.
Seasonal packagesFonbet provides a limited number of the newly-registered members with the gift box; for instance, a Summer Package involves a branded beach bag, tennis rackets, a beach towel, and a jockey cap.

Deposit and withdrawal

Fonbet offers a limited number of banking methods, but most of them do not imply paying large deposit and withdrawal commissions, and the list involves the most popular banking options familiar to the European punters. Fonbet applies the system where you can only withdraw funds to the banking options used for deposits. If the chosen method is not available for withdrawals, you can opt for an alternative. If you can not use the same option you selected for a deposit, you must contact customer support agents to ask for an exception.

Fonbet does not accept cryptocurrencies; the available options are the following:

  • Visa/Mastercard credit and debit cards; the minimum deposit is €2, deposits are instant, while withdrawals might take up to five working days. Fonbet does not charge fees for credit and debit card transactions, but your bank may apply extra commissions. The minimum withdrawal is €5;
  • Direct Wire Transfer: The minimum deposit is €200, and the minimum withdrawal is €100; all transactions are processed within 2 – 10 working days. No fees are charged;
  • Skrill: The minimum deposit is €5, and the minimum withdrawal is €15; the payments are instant and may take a maximum of three hours. Withdrawal commission is 1%;
  • PaySafeCard: The minimum deposit is €5, all deposits are free of charge and instant;
  • Neteller: The minimum deposit is €5, all deposits are free of charge and instant; the minimum withdrawal is €15, the payout may take up to three hours;
  • PayPal: The minimum deposit is €5, all deposits are free of charge and instant;
  • CASH: The minimum deposit is €5. All deposits are free of charge and instant.

Special betting options

Although the Fonbet website we reviewed is entirely focused on sports betting, we felt a little lack of special opportunities making sports betting more exciting and lucrative. However, Fonbet still offers the most popular enhanced options you can find at the other online bookmakers. They include bet insurances like Cash Out, Accumulator bets, and some features making your experience more convenient; for instance, you can bookmark the most common stakes amount to wager within a couple of clicks.

Fonbet com Predictor section

Predictor section

Besides, you have a very comprehensive glossary where you can learn all basics about sports betting. Among the special betting options, you can find the following variants:

  • Cash Out: If you want to refuse from the bet you made or need money to wager on another market, you can opt for a Cash-Out and request a refund of your stake. Cash Out is available for a limited number of markets;
  • Predictor: Predictor is a list of the upcoming match showing the most popular winner picks of Fonbet customers. For instance, you can see how many people (in percentage) wagered on Rostov and how many voted for Dinamo in the upcoming match between two teams;
  • Match Center: you can visit Statistics and Fonbet Result tabs to check all games available for wagering; you receive convenient tables with statistics and scores in pre-match or in-play modes;
  • Accumulator: an accumulator is a bet consisting of two or more legs; you can add wagers from different events and combine them into one Accumulator to receive a higher payout. If at least one leg loses, you lose the whole Accumulator;
  • System Bet: a combination of bets from three to sixteen picks; the difference from Accumulator is that you do not need to have all predictions correct to win. You determine the minimum number of correct bets which will make your system bet work;
  • Favorite Bets: you can save the stake amounts you use most of the time and pick them within one click in your bet slip.

Mobile apps

Fonbet.com, the Cyprus division, offers a native app for Android and iOS users. You can not find them in both stores directly, so you must visit the mobile version of Fonbet.com, enter the Apps tab, choose an app and read the download instructions. The apps include all features of the desktop version, including the live streaming service, match center, payments, and customer support. The iOS app supports Apple Watch for notifications and updates.

According to the users’ reviews, the apps work fine, allow making deposits, claim payouts, and create quick bets without errors and lags. All markets, promotions, and odds are the same as on the main website.

Mobile app platformSpecifications
iOS

ios logo

  • Size: 150,0 MB
  • Version: n/a
  • Languages: English, Russian, Greek
  • Compatibility: iOS 8.0+
  • Where can I download: Fonbet website
Android

android icon

  • Size: 30.0 MB
  • Version: n/a
  • Languages: English, Russian, Greek
  • Compatibility: Android 4.4+
  • Where can I download: Fonbet website

Our verdict

Fonbet makes an impression of a trusted online bookmaker and offers very wide coverage of many sports disciplines. This place may interest recreational bettors who do not require having large winning and betting limits but want to have plenty of betting variants and go beyond the most standard pre-match and in-play markets. Besides, Fonbet has a solid technical constituent: its website, mobile version and mobile apps, odds updates, and the overall betting process is kept on the high level; no lags, errors, or any other issues arise provided you have a stable internet connection. We suppose that Fonbet will be a good option for beginners; although their layout may seem confusing when you open the full range of markets for a single event, the general interface is very user-friendly.

The odds are not the best in the industry; still, it is possible to find lucrative options for betting; combined with the welcome bonuses, the overall offer is very decent. The users are primarily content with Fonbet, and we did not find any evidence of fraud or problematic issues related to Fonbet operations.

Does Fonbet offer a registration bonus?

When you register at Fonbet, you become eligible to claim two no-deposit bonuses. The first one is a no deposit bonus activated with the WELCOME promo code; it brings you a €15 of a free bet that you can use for the qualifying betting markets. Another no deposit offer requires a FONBET20 promo code; you will have a free bet of €20. Finally, your first deposit is subject to a 100% deposit match.

Which license does Fonbet hold?

Fonbet holds several licenses; if we speak about Fonbet legal entities operating in Russia, they have a local Russian Gambling License; Fortune Entertainment Ltd, the Cyprus project working under the Fonbet brand, is registered by the National Betting Authority of Cyprus and has a licensed number B0012.

How to withdraw money from a Fonbet account?

To claim a payout of your winnings, you must go to the Deposits and Withdrawals page; it is available in the desktop version, a mobile app, and a mobile version of Fonbet. Choose a Payout of Winnings tab and select a withdrawal method. If you want to withdraw funds on your debit and credit card, you must link your card with your account first; for the e-wallets, you simply have to enter your details at the moment of withdrawal.

How to make a quick bet at Fonbet?

You must be a registered user to place bets. Select an event or several events to create an Accumulator, and add them to the bet slip. Indicate the amount of your stake and click the Place a Bet button. To make it faster, you can save up to three stakes amounts, and they will appear in your Bet Slip; you will have to simply choose a stake amount by clicking on it.

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