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Favbet Expert Review

Atanas Tanev
Approved by Atanas Tanev
Updated:
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5 related articles read

8 hours of testing

3 brand comparisons

5 edits by in-house experts

FAVBET was established in 1999 and since then has become one of the leading online bookmakers in Eastern Europe. The main focus of the company has been Ukraine, but in the past couple of years, the sportsbook has expanded to other markets such as Romania and the UK. FAVBET was one of the first bookmakers to offer bets on events such as elections, movie awards and e-sports. Players can rely on 24/7 customer support which is available through various methods such as email, live chat and Skype.

Our Expert Reviewers Panel

Giorgi Natsvlishvili
Giorgi Natsvlishvili
Tested 20-02-2023

Decent bookie, though lacks many promotions

I have been playing at this bookmaker for a long time. Like many others, you can bet on various sports disciplines, for example, football, on which I mainly bet. The odds here are normal, there are a lot of events, so there is room for many possibilities.

I should say a few words about the eSports section, which is present in a separate category. You will not find that in the majority of bookmakers. If there are major tournaments, they are always covered extensively at Favbet.

What I really did not like about the website was the promotions. I expected more offers from Favbet and the choice is limited. Yes, you can claim a welcome bonus but otherwise, there is not too much you can look for.

Deposits are carried out instantly with no commissions. However, on withdrawals, there is a 1.5% fee. The minimum withdrawal amount is decent starting at $10 or equivalent.

Overal Rating:
3/5
More about this expert »
Davey Hanson
Davey Hanson
Tested 16-10-2022

A casino definitely heading in the right direction

Favbet is a big name in Eastern Europe but its casino offering has not always been too strong. I’m glad to see the situation has improved though as Favbet now has a very decent casino to accompany its sportsbook, making it a fine two-in-one destination.

As well as boasting an impressive games selection from big-name providers, Favbet even has some of its own exclusively branded games. They have also branched out from pure casino gambling to offer some ‘other’ games too. These extra games will not interest all players but I personally enjoyed the extra variation just to mix up my gambling experience.

The ‘aviator’ game, which has its own page, was one particularly gripping addition as it was all a matter of timing. As well as this, Favbet has TV games, an excellent virtual sports section and some fantastic lottery/keno options.

Going back to your core casino gaming though and I felt the live casino was fantastic. I loved the available choice and tables were easy to find on the sensibly laid-out website. In another sign Favbet is moving with the times, I noticed they not only accept Bitcoin payments now, but they have official Telegram and Discord channels.

Overal Rating:
4/5
More about this expert »
Phillip Micallef
Phillip Micallef
Tested 03-10-2022

Favbet Casino radiates positivity!

Favbet Casino has an unusual landing page dominated by an angel statue holding golden leaves. I thought it made a nice change! Of course, I inevitably stumbled upon the games and promos further down the page, but that first impression remained. At least it's an original design, and I've seen some strange sites over the years. Favbet Casino is among the better sites out there, as I discovered upon further investigation!

I dug into Favbet Casino a bit deeper and wasn't dissatisfied with what I found there. The games include the latest slots by renowned software developers, and the choice of games is continually expanding with regular new releases. The betting options include sports and esports, and I downloaded the iOS app directly from the Apple App Store; and there's an Android version too.

I found lots of helpful information on the site, ranging from betting strategies to betting types for sports. The interface is pleasant to use, and Favbet Casino has an enticing theme. I wouldn't hesitate to recommend Favbet Casino to beginners and experienced players. Both will discover suitable options, and the bonuses and rewards add value. Favbet Casino is my kind of site and subsequently gets a decent rating.

Overal Rating:
3/5
More about this expert »
Ahmed Ibrahim
Ahmed Ibrahim
Tested 21-09-2022

Excellent Gambling Website, but Has Many Shortcomings!

The Favbet brand was launched more than two decades ago. However, throughout this period it has been focused on Eastern European markets only. So, the operator has not gained much fame on the global scale. However, after I tried Favbet I found that it has a lot to offer both casual and professional players alike. Nevertheless, there seem to be some aspects that need improvement.

I searched the whole platform up and down for the casino welcome bonus and was surprised to know that the operator only offers a welcome bonus for sports bettors. New casino players here lack a strong start.

As for the gaming content, it is overall good, but it didn't impress me. Frankly put, the casino does not offer exclusive games, nor does it offer dazzling new titles. However, here you find all the classic titles and modern variants; that's just it! The great thing about the game library is that it is carefully curated and contains many sorting and categorizing options that make it easy to find your favourite titles.

The cashier section is not much different from the game selection as the casino here too focuses on the essentials only! There are no cryptocurrencies or e-wallets here, only bank cards and transfers.

Overal Rating:
3/5
More about this expert »

Available Sports

FAVBET is known for its sportsbook, and it comes as no surprise that there is an extensive selection of sports you can choose from. Along with high odds and placing bets, this online bookie can be really profitable. In addition to well-known sports like football, tennis, ice hockey and basketball, FAVBET presents exciting options like netball, floorball and Gaelic football.

Ultimately, it is up to you to choose the sport you like and place your bet. The only thing we can help you with is the full list of games you will find at the Ukrainian bookmaker.

  • Football
  • Basketball
  • Tennis
  • Ice Hockey
  • Volleyball
  • Handball
  • Cyber Sports
  • Australian Football
  • American Football
  • Alpine Skiing
  • Badminton
  • Baseball
  • Biathlon
  • Bawls
  • Water Polo
  • Darts
  • Futsal
  • Rugby Union
  • Futsal
  • Cricket
  • Rugby League
  • Netball
  • Bandy
  • Chess
  • Snooker
  • Formula 1
  • MMA
  • Golf
  • Table Tennis
  • Cross-Country Skiing
  • Motorsports
  • Floorball
  • Cycling
  • Hurling
  • Boxing
  • Autosport
  • Sumo
  • Crossfit Games
  • Gaelic Football

Betting Coverage

FAVBET provides coverage of many different sports and markets. Players can enjoy betting on popular sports such as football and tennis and not so popular ones such as sumo and table tennis. The bookmaker also provides rarely seen options such as betting on elections and movie awards. FAVBET is also one of the few online bookmakers that cover financial betting.

The available markets and betting options vary on the sports, but at Favbet you will find many variations of the famous markets like match winner, over/under, handicaps and more.

Even though American members are not allowed to open an account, sports like American football can also be found at the sports book. To the convenience of punters from different parts of the world, FAVBET presents its bets in all possible odds formats including decimal, fractional, American and Hong Kong.


Website Design, Structure, Layouts and User Experience

favbet sports page

The FAVBET website design and layout retain the classic online bookmaker look. All major leagues and sports are located on the left sidebar, while a handy section with the most frequently asked questions is on the right. On the top of the site you can see your bet slip, while the upper right corner is reserved for the “Sign In” and “Register” buttons. In its main navigation features, beyond that of the Sports and Live Betting sections, you can access FAVBET’s other products which include a Casino, Live Casino and Lottery area.

The user experience is close to perfect, and the colour theme is pleasing to the eye. The layout should not surprise any experienced better since it is kept as classical as possible. The navigation is intuitive, something that hugely helps for a first-class experience if you play through the mobile version of the site.


How to Make a Registration

Opening an account at FAVBET is straightforward and easy. There are 3 steps required before you can start betting, but they will not take you more than a couple of minutes.

favbet registration process
  1. Step 1: Click on the green “JOIN” button in the upper-right corner.
  2. Step 2: Enter your email and password in the pop-up that has appeared and click “NEXT”.
  3. Step 3: Enter the following personal data in the newly-displayed pop-up: country, name, gender, date of birth, your secret question and respective answer.
  4. Step 4: Once completed, click the “OPEN ACCOUNT AND START WINNING” button at the bottom.

Create your Account

Activation and Verification

Like most online gambling sites, FAVBET may require some additional documents concerning identity verification. This is made for safety regulations, and you should not be concerned about your personal data. The online bookmaker is governed by the regulatory body of Curacao meaning all your data is safe and will not be sold to third parties.

Here are the following documents you may be required to provide:

  • ID Card or a driver’s license
  • A recent utility bill or a bank statement to confirm your address
  • The first 6 and last 4 digits of your credit or debit card is used to process a transaction at FAVBET
Lost Password

Login problems often occur when trying to enter an account. Sometimes, there are technical issues, others, you have just forgotten your password. Here’s what you can do if you have lost your FAVBET password:

Click on the “LOG IN” button and then choose “LOST PASSWORD”. You will then be prompted to enter the email which you used to register your account. The bookmaker will then send an email with instructions on resetting your password.


Exclusive Bonus – A Risk-Free Bet Of Up To 10€

favbet sports bonus

FAVBET offers all new members a way not to worry if their first bet loses. Customers can rely on the Risk-Free Bet of up to €10 bonus that currently is offered at the bookmaker. It promises to cover your bet if it ends in a loss. Here are the most essential wagering requirements:

  • Single bets must be with minimum odds of 1.5, while the system and multiple stakes with odds start from 2.5;
  • The maximum amount you can receive if your bet loses is €10;
  • Bets can be placed on all sports events as well as on the following virtual sports: virtual basketball, virtual tennis, virtual football and virtual football league;
  • This bonus does not require the use of a bonus code, and will, once approved, be credited within one working day to your account;
Sign Up & Get 100% up to €10
Amount
€10
In Percent
100%
Min. Deposit
€10
Min. Odd
1.5
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Welcome Bonus
€10
Rating
8
Bonus Percentage
100%
Minimum Deposit
€10
Turnover
-
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18+ T&C apply | Play Responsibly
Welcome Bonus
€122
Rating
9.7
Bonus Percentage
100%
Minimum Deposit
€1
Turnover
5x
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Live Streaming
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Visit 22BET Casino
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In-Play Sports Betting

Just like its other betting markets, the FAVBET in-play betting area is intuitive and user-friendly. This is mainly due to the fantastic overall design that makes locating the vast number of sports and different games easy to find.

favbet live betting

The online bookmaker provides more than 10,000 live betting events per month and presents punters a vast choice of betting markets and options. Despite this impressive number, most in-play fixtures are football games, although members can also place live bets on volleyball, hockey and table tennis. A really spectacular asset is the various number of handicap bets you can place on live games and the cutting-edge Speedbet option. This tool lets you determine your wager and then automatically sets your bets on prearranged fixtures.

During your live betting, you are allowed to see events’ statistics and the game’s time. One disadvantage of the platform is the missing live animations feature, but you can watch a lot of games with a live video stream. The markets you can bet on are different, and the odds are changing dynamically with the change of the result and game time.


Sports Betting Products

Despite providing a fantastic casino and lotto sections, FAVBET is focused on sports, and that is evident by the range of betting products they offer. Players have many features they can use to make their betting experience one of a kind.

Cash Out Feature

FAVBET, being one of the leading online bookmakers in Eastern Europe, have still not developed cash out feature. It is unknown if this is planned for the future but would be beneficial to punters as it provides better control on their bets.

Live Streaming

FAVBET provides a nicely-developed and attractive live streaming area. Players can enjoy watching more than 200,000 events yearly when accessing FAVBET TV. To access any of the FAVBET TV events, a minimum balance of €10 is required, or for those with a positive balance, a minimum bet of €1 is required. Unfortunately, the live streaming feature is available only in some countries, but to compensate for that, the bookmaker displays an innovative calendar that will notify you if there are interesting upcoming events.


Virtual Sports

favbet virtual sports

Virtual sports have been increasing in popularity lately, and it comes to nobody’s surprise that every respected online bookmaker offers them. FAVBET is no exception and provides virtual sports from various providers.

Players can place bets on virtual tennis, Nations Cup, basketball and Football League, provided by Betradar, Inspired and Vermantia. The most extensive range comes by the UK-based company Inspired Gaming as it allows for options such as F1, cycling, horse and dog racing, and Speedway.

With the variety of virtual sports, FAVBET is definitely one of the best places for younger punters who like to try something different.


FAVBET Casino

FAVBET offers an impressive casino section to all customers who want to escape from sports betting for a while. Of course, it cannot compete with the leading online casinos but has all the right ingredients to become one in the future.

Players at FAVBET Casino can enjoy a wide range of slot games from leading software providers such as Novomatic and Microgaming, while their rights are being protected by the authorities of Curacao. Except for the variety of slots, the casino also provides classic table games.

Go to Favbet Casino


Casino Daily Bonuses

favbet casino daily bonus

FAVBET offers various daily promotions that have loyal members covered throughout the week. Currently, these promotions include:

  • Monday might bring you up to €50 as a bonus. For every €2000 wagered, you will receive €10 as a bonus. The maximum bonus you can get through this promo is limited to €50.
  • Tuesday is the day in which the casino refunds the daily losses of three random players. For you to take part in the promotion, you must have lost at least €10.
  • Wednesdays at the casino provide a slot of the day. If you spend more than €1000, you will get €10 as a compliment from the casino.
  • On Thursdays, you might get your daily win doubled if you happen to be one of the three lucky members who is being chosen randomly. If you want to qualify for this truly fantastic promotion, you need to win at least €10 on a variety of qualifying games.
  • Friday is a day for a special Slots Tournament. FAVBET Casino will choose a daily slot game and will provide a bonus of €150 for players with the highest rating in the tournament.
  • Saturday offers competition with the difference that this time being on a chosen Live Dealer game. Again, the bonus amount is €150 and is distributed among those players with the highest ranking.
  • Sunday provides customers with a 10% compensation on bets made in the last 48 hours. If you want to apply for this promotion, you must have lost at least €10. The maximum amount you can receive is limited up to €100.
Important!

Please note that the daily casino offers at FavBet are subject to constant revision and might change from time to time thus giving a greater variety of promotional offers to the casino enthusiasts. If you want to see the current daily casino bonus options visit Favbet directly and take a look at the offers.

Claim your Casino Bonus


Live Casino

favbet live casino

FAVBET Live Casino is a preferred place by players who favour a brick and mortar casino experience. The live casino provides favourite games accompanied by beautiful live dealers. Members can choose from classic blackjack, Texas hold’ em, classic roulette and baccarat. There are also different types of roulette such as auto roulette and immersive roulette. High rollers can sit-in on some of the virtual VIP tables for blackjack or roulette, making their experience genuinely outstanding. The software for the live casino is developed by some of the leading software providers, guaranteeing fairness during play.


Lottery

FAVBET presents a remarkable lotto section. It provides players with many lotteries from throughout the world. Here, they can find lotteries from Euromillions, Spain, Slovakia, Turkey, the USA and many other countries.


TV Lotto

TV Lotto is an entertaining option for those interested in making predictions on the outcome of various games. The section features the following betting possibilities: War of Bets, Bet on Poker, Baccarat, Wheel, Lucky 7, Lucky 5 and Dice.


FAVBET Mobile App

favbet mobile website version

With there is an increasing number of users who play on their mobile device, it comes to nobody’s surprise the effort FAVBET puts into making a dedicated mobile app for Android devices. Players can download the .apk file directly from the FAVBET site. The .apk cannot be found at the Google Play Store, and there is no other alternative link. The installation is fast and convenient, and in a few minutes, you will be able to create your account on your mobile phone or tablet.

The online bookmaker also has developed a fantastic and intuitive mobile version of its site. Thus, all mobile players, including iOS and Windows Phone users can enjoy their time at the bookie.


Payment Options

Like every respected online bookmaker, FAVBET provides its players with a wide range of payment options. The number of deposit and withdrawal methods is impressive making transfers a breeze. Customers can rely on traditional options like bank transfers, credit and debit cards, along with more conventional ones like e-wallets. You can find all available payment options, along with the minimum deposit and maximum withdrawal limits below:

Payment Method Deposit Minimum Time for Deposit Minimum Withdrawal Withdrawal Maximum Time for Withdrawal 
Visa Logo Visa€10Instantly€10€300024 Hours
Neteller Logo Neteller€10Instantly€10€300024 Hours
Skrill Logo Skrill€10Instantly€10€300024 Hours
Paysafe Card Logo Paysafe Card€10Instantly
EcoPayz Logo EcoPayz€10Instantly€10€300024 Hours
MasterCard Logo MasterCard€10Instantly€10€300024 Hours
Skrill 1-Tap Logo Skrill 1-Tap€10Instantly
EPS Logo EPS€10Instantly
iDeal Logo iDeal€10Instantly
PayTrail Logo PayTrail€10Instantly
WalletOne Logo WalletOne€10Instantly€10€300024 Hours
Boku Logo Boku€10Instantly
POLI Logo POLI€10Instantly
Bank Wire Transfer Logo Bank Wire Transfer₽50Instantly
Yandex Money Logo Yandex Money₽50Instantly₽50₽15000Within 24 hours
Qiwi Logo Qiwi₽50Instantly₽50₽15000Within 24 hours
Russian post Logo Russian post₽50Instantly
Moneta.ru Logo Moneta.ru₽50Instantly₽50₽15000Within 24 hours
Alfa-Click Logo Alfa-Click₽50Instantly
Netellergo! Logo Netellergo!€10Instantly
Bradesco Logo Bradesco€10Instantly
Webpay Logo Webpay€10Instantly
Banco do Brasil Logo Banco do Brasil€10Instantly
Itau Logo Itau€10Instantly
Promsvyazbank Logo Promsvyazbank₽50Instantly
Faktura.ru Logo Faktura.ru₽50Instantly

Security & Regulations

FAVBET is a trusted and respected online gambling site that has been operating for more than two decades. It has a valid license issued by the government of Curacao that grants it the right to operate in most European markets in compliance with the EU GDPR act.


Affiliate Program

Due to its popularity and recognition, FAVBET has become a desired affiliate partner for many. With its extensive sportsbook options and constantly-growing casino, the Ukrainian bookmaker has plenty to offer to anybody who wants to work with the company as an affiliate. Partners will reach more than 600,000 players, receive prompt payments and generate high conversion from promotional materials.


FAQ’s

What Are the Bonus Conditions of the Sports Betting Offer?

You must place a bet of up to €10 on any sports event with odds of 1.5 for single bets and 2.5 for system bets.

Do I Need Any Promo Code?

No. FAVBET do not require a promo code for any of their sports betting or casino promotions.

Do I Need a Mirror Link to Play at FAVBET?

If you are not a resident of some of the restricted countries mentioned by the bookmaker, then, no, you do not need a mirror link.

Can I Play Directly from my iPhone? Is There a Dedicated App?

Yes, you can use your iPhone and play in the mobile version of the site. Unfortunately, the bookmaker does not offer a dedicated iOS app yet.

Can I Play for Free in FAVBET Casino?

Yes, all games can be played in free mode, but if you want to win real money, you will have to make a deposit and play with your deposit cash.

Will My Account Verification Take Long?

No. Usually, accounts are verified within 24 hours.

Can I Find the Lucky Six Game at FAVBET?

Unfortunately, the answer is no. You can, however, try your luck on Lucky 5 and Lucky 7 which are very similar.


Company Info

FAVBET is owned by Favourite United N.V, a company based and licensed in Curacao. It is located at e-commerce Park Vredenberg Suite, Nr. C2, Office Center, Curacao. In addition to the sportsbook, FAVBET offers a remarkable casino and live casino, all of which are powered by industry leading software providers. On top of that, players can find superbly developed Loto and TV lotto sections that promise a high level of excitement. Our thorough FAVBET review will guide you through the registration process, how to obtain various bonuses and withdrawing winnings via the many payment methods.


Customer Support & Contacts

FAVBET customer support is qualified, helpful and available 24/7. Members have different options to contact the support team:


Overall Rating

FAVBET clearly has a lot to offer to new and loyal players. With excellent sports betting section and constantly-expanding casino area, the Ukrainian bookmaker is the most preferred place for customers from Eastern Europe. The diversity of betting markets and options are the highlight features that FAVBET propose and the main reason the company has more than 600,000 customers. There are still some small things that need to be improved, although we are sure this will take little time. Even so, we rate FAVBET with 8/10.

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Author: Teodor Todorov
Certified Betting Expert
Teodor Todorov
Teodor is a certified gambling & investment expert. He is the author of some of the most helpful reviews you will find on Silentbet.

Authoritative Sources Review

62
Favbet Score from Top100Bookmakers.com