Favbet Review
FavBet Bookmaker are an established online bookmaker from Eastern Europe. Founded in 1999, they serve clients from around the world both in an online and physical capacity (with over 1000 betting shops in operation). Licenced in the Curacao, FavBet offer an extensive number of betting opportunities, including a bookmaker, live betting, virtual sports, Forex+, TV lotto and more.
Markets
FavBet offers a reasonable selection of 17 different sports/markets, with a focus on European sports. In addition to popular sports like football, basketball, and tennis, the bookmaker also covers sports like American football, rugby union, rugby league, handball, chess, table tennis, alpine skiing, and even e-sports like League of Legends. The football coverage includes odds from 15 different countries, although the market depth for football and some other sports lags behind top competitors.
Odds
FavBet's odds are competitive for some sports but less so for others. The English Premier League matches have more competitive odds, with the bookmaker offering around a 106-107% book. However, odds for matches from other top European leagues like La Liga and Serie A are less competitive, averaging around 108.5%. The NBA odds are also reasonable, with moneyline odds being more generous compared to some competitors.
Customer Services
Customer support is available 24/7 and can be reached through email, live chat, or Skype. Availability of English-speaking representatives may vary based on the time, and in such cases, customers are advised to email for a response.
Promotions
While there is no sign-up bonus, FavBet offers other promotions to both new and existing players. This includes a "multiple of the day" feature where selected bets with 3-5 selections are boosted by 10%. There's also a loyalty club that allows customers to accumulate points for bonuses on accumulators, cashback on losses, and access to the FavBet shop for products.
Payments
FavBet provides a variety of payment options for deposits and withdrawals, with most methods being fee-free. However, using Visa or Mastercard for withdrawals incurs a 1.5% fee, and using QIWI incurs a 2.5% fee. The bookmaker seems to encourage the use of e-wallets for free transactions.
Conclusion
FavBet is an experienced bookmaker with a solid customer service, a reasonable range of markets, and enticing loyalty programs. While odds for some sports could be more competitive, the bookmaker holds its ground in basketball and offers a variety of payment options. The website design might need some improvement, but overall, FavBet provides a reliable platform for bettors.