Favbet
- Asian handicaps available
- Many different payment methods
- High definition live streaming
- Really quick payouts
- Financial betting available
Well known among Eastern European punters and with over 15 years of experience in the betting industry, Favbet was hotly anticipated to take the next step by expanding into Western Europe as well. They focus on their website structure, trying to make it as user friendly as possible, and their wide range of betting options on any event. They also offer financial betting, something that is rarely found on certain world renown bookmakers. In order to become even more competitive they need to improve their odds, especially on popular sports such as football and consider obtaining another license, besides their current in Curacao.
Why choose Favbet
- Popular Eastern-European operator
- Asian Handicaps
- Great choice for basketball players
- High limits in winnings
- Huge variety of sports
- 24/7 customer service
- Quick withdrawals, lots of payment methods
- Mobile application
Bookmaker Profile
Favbet is one of the most popular online bookmakers in Eastern Europe and an always improving Ukrainian operator. They were established in 1999 and since then they have been online with a huge success. Favbet has more than 500.000 customers from all over the world and except from their online operations, they are known for the great number of 1.000 betting shops they own. The Russian bookie is licensed in Curacao.
The players can find 31 different markets, from football to badminton and from boxing to biathlon. Favbet covers a great range of sports, while the football lovers will find that the bookie provides a great number of betting options. A single soccer game may have a total of 200 selections. Alternative bets such as “Team to score in both Halves”, “Team to win to Nil” and more are available, whilst players can find a great variety of Asian Handicaps and Special bets. Moreover, Favbet is a great choice for the players who love to place bets on basketball, since their margin is only at 1.9%.
The live betting section is easy to use and offers a great number of betting selections, since except from the regular bets, the players can find lots of handicaps, alternative totals. You have the opportunity to choose where to place your bets among 10.000 live events every month. Another innovation is the feature “speed bet”. It allows you to automatically place a live bet with the predetermined (by you) amount of money without any other action being necessary.
Deposits and withdrawals are processed through a satisfying number of payment methods, while the withdrawals are being concluded quickly. After all, most of the payouts are being completed within 24 hours maximum. A welcome bonus is not available, but the players may find the Favbet loyalty program which awards a number of bonus and benefits. In addition, through the promotion “Multiple of the day” they enhance your winnings, giving you a 10% on top of your earnings for multiple bets.
Favbet is popular in Eastern Europe and it is not a coincidence that they have been a sponsor to the Ukranian football side Karpaty Lyiv and the official sponsor of the second league in Ukraine, the фавбет Liha 1 as it is named. Furthermore, they currently are the official sponsor of the 2nd tier in the Croatian football.
| Website |
|---|
| www.favbet.com |
| Year established |
| 1999 |
| Online Since |
| 1999 |
| Owner |
| WORLDWIDE STANDARD LP |
| Favbet CEO |
| Sergei Ivanof |
| Address |
| Emancipatie Boulevard 29, New Haven Office Center, Curacao |
| License |
| Curacao |
| Bookmaker Type |
| Traditional |
Deposits
| Charge | Min. Deposit | ||
|---|---|---|---|
 | Free of charge | 50 RUB | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | €10 | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ | |
 | Free of charge | 10€ |
Withdrawals
| Charge | Time | ||
|---|---|---|---|
| 1.5% | Up to 24 Hours | |
| 1.5% | Up to 24 Hours | |
| 1.5% | Up to 24 Hours | |
| 1.5% | Up to 24 Hours | |
| Free of charge | Up to 24 Hours | |
| Free of charge | Up to 24 Hours | |
| Free of charge | Up to 24 Hours | |
| Free of charge | Up to 24 hours |
Favbet Pros
- Wide range of matches and betting options
- Financial betting
- Asian Bets
- Great live betting section
- Live streaming
- User friendly website
- Satisfying range of payment methods
- Mobile app
Favbet Cons
- Withdrawals are charged
- Lack of welcome bonus
- Low payout rate on football and tennis
More Information about Favbet
Customer Support
| Hours | 24/7 |
|---|---|
| Support channels | Email, Live Chat, Skype |
| [email protected] | |
| Support languages | Croatian, English, German, Russian, Ukranian |
Betting
| Min. Bet | 0.10€ |
|---|---|
| Max. profit | 100.000 € |
| Type of odds | American, Decimal, Fractional, Hong Kong |
Payout
| Overall | 95.3% |
|---|---|
| Football | 94.0% |
| Basketball | 98.1% |
| Tennis | 93.8% |
TV Spot
Website Info
| Services | Live Streaming |
|---|---|
| Websites Languages |                  |
| Restricted Countries | Armenia, Australia, Bonaire, Canada, Colombia, Croatia, Curacao, France, Greece, Hungary, Italy, Romania, Serbia, Singapore, Spain, UK, USA |
| Currencies | EUR, RUB, USD, UAH |
| Platforms | PC, Mobile, Tablet |
| Mobile App | Android |
| App | No |
| Alexa Rank | 218470 |
| Products | Casino, E-Sports, Games, Live Casino, Lottery, Virtual Sports |
| Common Misspellings | favoritbet, www favbet com, www fav, wwwfav |
Sports & Markets
| Sports | American Football, Athletics, Australian Football, Awards, Badminton, Bandy, Basketball, Beach Volleyball, Biathlon, Boxing, Chess, Cricket, Cross county Skiing, Darts, Field Hockey, Football, Formula 1, Futsal, Golf, Handball, Ice Hockey, MMA, MotoGP, Motor Sports, Motorbikes, Olympic Games, Politics, Rugby, Snooker, Special Bets, Table Tennis, Tennis, Volleyball, Water Polo, Winter Sports, Βaseball |
|---|---|
| Additional Betting Selections | Alternative Handicap Basketball, Alternative Handicap Tennis, Asian Bets, Cards, Corners |
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Well known among Eastern European punters and with over 15 years of experience in the betting industry, Favbet was hotly anticipated to take the next step by expanding into Western Europe as well. They focus on their website structure, trying to make it as user friendly as possible, and their wide range of betting options on any event. They also offer financial betting, something that is rarely found on certain world renown bookmakers. In order to become even more competitive they need to improve their odds, especially on popular sports such as football and consider obtaining another license, besides their current in Curacao.
