FavBet Review: A Popular Online Bookmaker in Eastern Europe
Introduction:
Established in 1999, FavBet is a renowned online bookmaker that is popular among bettors in Eastern Europe. The company, Favorit United N.V., maintains more than 400 betting shops in several countries, including Russia and Ukraine. In this review, we will take a closer look at FavBet and its offerings.
Here are some additional details about FavBet:
- In addition to sports betting, FavBet also offers online casino games, including slots, table games, and live dealer games from top providers like NetEnt, Microgaming, and Evolution Gaming. The casino section is also available on mobile devices and offers various promotions and bonuses.
- FavBet offers a range of promotions and bonuses for both new and existing customers, including a welcome bonus for sports betting and a casino welcome package. Other promotions include cashback offers, free bets, and accumulator bonuses.
- The bookmaker also has a loyalty program called FavPoints, where players can earn points for every bet they place and then redeem them for various rewards, such as free bets, cashback, and exclusive offers.
- FavBet has a strong presence in Ukraine and is a major sponsor of Dynamo Kyiv, one of the country’s top football clubs. The bookmaker also sponsors other sports events and teams, including basketball, tennis, and ice hockey.
- The website is available in more than 15 languages, including English, Russian, Ukrainian, German, Spanish, and Polish, making it accessible to a wide range of customers from different countries.
- FavBet’s customer support team is available 24/7 via live chat, email, and phone, and they can assist customers in multiple languages. The bookmaker also has an extensive FAQ section on its website, which covers various topics related to betting, payments, and account management.
- Finally, FavBet takes security and responsible gambling seriously and uses SSL encryption to protect customers’ personal and financial information. The bookmaker also offers various tools and resources to help customers manage their gambling habits, including self-exclusion and deposit limits.
Pros
- Established and reputable bookmaker since 1999
- Multiple licenses and strong presence in Eastern Europe
- 200+ football markets and high basketball odds
- Overall pre-match payout of 95% and more than 30 sports available
- Five player levels from Beginner to VIP with regular upgrades
- System Bet Calculator available for potential winnings
- Live betting zone with 5,000 events monthly and average payout of 95%
- Quick Bet feature for 1-click wagers with pre-determined stake
- Easy-to-navigate platform and mobile app for Android devices
- 24/7 customer support in multiple languages
- Supports many local currencies and payments
- Strong focus on security and responsible gambling
Cons
- Live bets require 7 seconds to be processed
- Live streaming only available for minor leagues and competitions
- Cash Out and Bet Builder features not available
- VISA withdrawals with UAH have a 1.5% commission fee
- Winning limit of a single bet is €/$100,000
Conclusion:
FavBet is a solid choice for bettors looking for a reputable online bookmaker in Eastern Europe. With a wide range of sports and betting markets, as well as a user-friendly platform and excellent customer support, FavBet is a bookmaker worth considering. However, the lack of some popular features such as Cash Out and Bet Builder may be a drawback for some bettors.
