- Year founded: 1999
- License: Curacao
- Mobile version: YES
- Bonus: € 10
- Languages: multilingual
FavBet is a betting platform with 20+ years of experience on the market and established themselves as a trusted and very recognizable company. Primary area of expertise and being well-known is in the Eastern Europe area, but the ambitious people behind it aim to expand the horizon a bit. Started from scratch in Ukraine, now FavBet has over 500 000 users, and the number is getting bigger and bigger.
Creating an account
The procedure in creating an account is no different from other experienced and well-know platforms.
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- Go to JOIN section
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- Enter e-mail and password
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- Enter personal details
- Start winning and enjoy the platform!
On-boarding bonuses
On-boarding bonuses are not as the usual deposit match-up bonuses, but this is something which uprising platform as FavBet cannot afford. Despite that, FavBet offers a beautiful €10 welcome deposit. Here it is how it works out for you: the first bet you make on any sporting event is guaranteed a refund if you lose with the maximum amount of up to €10. It’s not a huge bonus, but as a starter, it could work out for you like insurance on a reasonable bet.
Deposit options and withdrawals
The platform offers a variety of options to deposit and withdrawal. There is a list of them below:
- E-wallets (PaySafe Card, Skrill, Neteller etc.)
- Debit/Credit VISA Card
- Internet banking/Banking wire transfers
- Cheques
- Local payment methods
Although the platform offers more than 25 different options to deposit money, the possibilities to withdrawal are much less limited.
Live Betting
Easy to navigate, the user-friendly section on which almost all live events are covered – this is what FavBet developed. To help you track even better the in-minute sporting events, FavBet developed a separate tab containing a list of live-betting events that could come to your attention. The sports mostly covered are tennis, cricket, soccer, American football, ice hockey, basketball, and even e-sports. Of course, traditional football is included, so don’t worry.
Mobile app & website user-friendly
FavBet is having a mobile app developed for all Android users and are keeping the pace set by other competitors, but one major miss here we are facing is the lack of iOS app. The Android app is .apk file which would raise some concerns to some of you, but don’t worry about it – it’s not a scam. You can either download it from the website or using the QR code, but you have to enable some of your security settings.
Customer service
Living in a technology century, FavBet couldn’t afford to have multi-channel support and 24/ assistance to their customers, so they are all answering that. The provided languages as you can imagine mostly Russian, Romania, other Eastern Europe languages, but classics such as English is represented as well, so don’t worry. The platform itself has translations in German, French, Spanish, Russian and plenty of other languages, so don’t worry, they’ve got you covered.
Big misses of the bookmaker
The platform is restricted in some countries without giving any form of notice such as France, the US, the Netherlands, Australia, Italy and many others. The customer support is being done by people from Eastern Europe, which is understandable, but when it comes to more “exotic” languages, they will struggle. Welcoming bonuses might be a bit higher for an uprising platform, and the options of withdrawals can also be a bit more flexible.
Overall Verdict
After having established on the Eastern European markets such as Ukraine and Romania, with limited and local payment/withdrawal options, WhaleBets team hopes that FavBet platform can outgrow that base and establish themselves at the market in Central and West Europe and the United States of America. The markets offered and platform benefits generally are more than an excellent foundation to become regular on FavBet.