FavBet is a Ukrainian bookmaker that was founded in 1999, the same year they launched their online bookmakers website. They are based and licensed in the Island of Curacao, Netherlands Antilles. This bookmaker has the similar on and offline betting offer strategy as TipBet or Tipico with more than 1.000 shops around the world. Since FavBet have launched their businesses, they have gained more than 250.000 customers all over the world with clients in Europa, Asia, Africa and South America. With more than 150 daily in-play events, interesting betting options wide range of sports coverage and competitive odds they have gained a reputation of delivering a being a reliable and very professional bookmaker that always delivers high-quality products.
In this FavBet review we will we present to you all the basic information about the company betting odds, sport, market coverage and user experience. But first let us take a look at the some basic information about this bookmaker in the FavBet review table.
FavBet betting interface has a nice clean and organised layout with a clear structure. Website is simple and clear, well organized with no additional unnecessary features. Everything is where you would expect it to be and the site is really user-friendly and easy to use even if this is your first time visiting this website. The site is very colorful with the blue background and green prevailing in the front in addition to several different graphics. On the first note it is maybe too much of everything but surprisingly it doesn’t interfere with the clean design.
Nevertheless, Favbet focuses mainly on the usability than on special effects and design. Thereby, new customers can easily orientate within the portfolio and the whole access is connected to very short loading times. The homepage of Favbet has a classical structure, just like most of the other operators on the market. On top of the website the headers sport, live, virtual sports, casino, live dealer, tv lotto and promotions are placed. On the left side the different service option are clearly listed. To reach for the sports betting program, the bettors only have to open the header sports. A complete presentation of all available disciplines, including the connected odds will be presented.
Favbet follows the general conditions and standards regarding the registration procedure. Like most of the operating bookmaker’s Favbet also does not allow betting fans to access the full portfolio and bonus system of the bookmaker without completing an obligatory registration procedure. This procedure is not binding or connected to any costs or conditions. The easiest way to realise the registration is in the registration section of the website.
To start registration, the bookmaker’s website must be open and fully loaded. On the top of the page, a red button is visible placed, which directs the customers to the registration formula. The sports betting operator Favbet requires the entry of several data in this formula. It is important that all the personal data like name, birthdate, gender, nationality and contact address are provided completely correct and true at this bookmaker. Favbet has the full right to ask the customers to verify the identity by valid documents at any time. In case the provided data is not correct, Favbet can refuse pay-outs and exclude the customer from further access to the portfolio and services. As soon as the formula with the personal data is submitted, the betting fan has to confirm the acceptance of the general terms and conditions of Favbet. Last but not least it is advised, to place the first deposit directly, in order to be able to participate at the bonus program and enjoy the betting fun as soon as possible.
Lines, bets, odds of the FavBet
This bookmaker offers a decent range of different sports on which you can place your bets including all the traditional one such as Soccer, Basketball, Ice Hockey to the ches, futsal, table tennis and more. They are known to have very competitive odds and interesting special offers. They have a good offer of different sports in Live betting section with very attractive and functional live betting interface.
Around 26 single disciplines are included in the sports betting portfolio of Favbet. With this number the operator can compete with the top operators on the international market.
The portfolio is dominated by the king discipline soccer and several other mainstream sports, such as ice hockey, basketball, volleyball and tennis. It was surprising for the sports betting test to find out that also several offbeat sports are included in this selection. Very popular sports as chess, boxing, formula 1 and cycling, as well as other very interesting options are linked to it. The portfolio of Favbet is very perse and meets thereby the expectations of the customers from central Europe.
The pay-out key of Favbet is settled around a highly respected value of 95 percent. With this value Favbet achieves a top position in the ranking of the bookmakers.
FavBet Special Features
The special features of the bookmaker Favbet are settled mainly in the live betting program. Very appreciated is the live dealer section, which provides the betting fans with a thrilling atmosphere. Another outstanding aspect is the advisor, which analyses the betting strategy of the customers and provides helpful comments how to optimise it.
FavBet Mobile Betting program
The bookmaker Favbet is a very modern and customer orientated. Therefore, it is obligatory that a mobile betting program is available for the bettors. The customers of Favbet can choose between the options of a mobile application to download and install or access the mobile optimised version of the desktop website. The mobile optimised application is compatible for all mobile devices without any restrictions. For mobile devices operated by Android and iOS the application is available in the app store to download. The mobile betting program, independent on the version the user prefers, is very well structured and equipped with a high level of usability. Therefore, the operator Favbet is absolutely up-to-date in meeting the expectations of the customers.
FavBet deposit and withdrawal
Customers can choose between different deposit options. All of them are free of charge and can be progressed completely online. Available transaction methods are:
- Visa Card,
- Master Card,
- Wallet One,
- as well as electronical and classic bank transfer.
Based on the security standards Favbet prefers to handle pay-out requests on the same channel as the deposits were placed. In general, pay-outs can be requested by bank transfer, credit cards and Moneybookers. Unfortunately, a service fee of 2,5 percent applies for pay-out requests. Nevertheless, due to the high security standards and the big variety of payment options, the bookmaker Favbet can achieve a very good rating.
FavBet bonus and promotions
When it comes to the bonuses, this is the company that has decided not to attract customers with different promotion offers. To keep the competitive level, the bookmaker Favbet introduced a bonus system for regular bettors. Although this includes some convenient options, it is insufficient in comparison to other bookmakers operating on the international sports betting market.
FavBet customer support center is on a very high level. You can reach them via Telephone, mail or even Live Chat.
The employees of the customer service are responding to inquirers 24/7 on each single day of the year. Problems and inquirers can be forwarded by the betting fans on different communication channels. All of them are free of charge and on a professional level. The customer can choose between the email formula, live chat and the appreciated Skype function. The sports betting test described all responding employees as friendly and competent. The service is able to answer questions in 12 different languages, English, German, Spanish, French, Italian, Polish, Greek, Turkish, Romanian, Slovakian, and Russian as well as of course Ukrainian.
Conclusion of FavBet review
FavBet is a modern, professional bookmaker with up to date service. On a daily basis, they offer a wide range of matches and betting offers with competitive odds. Live betting section is also very interesting with more than 12.000 events per months and with the extensive database of statistics for all main events. Overall this is an reliable bookmaker with experienced staff and a quality history.
This is the end of our FavBet review. If you would like to comment or live your short version of Mybookie review, you are welcome to live comment bellow or rate this bookmaker with the five stare rating system.