Updated
FunBet Review
Advantages:
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Easy-To-Understand Main Menu
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Over 15 Distinct Sports
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Many Active Promotions
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Live Betting Section
Payment Methods:
Specifications
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Bonuses & Promotions
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Odds
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Mobile
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Usability
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Types of Bets
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Credibility
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Payment Methods
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Support
Bonuses & Promotions
There are plenty of bonuses and promos that can be redeemed by FunBet users. Below you will find a brief explanation of the most popular offers:
- Sports Welcome Bonus
- Combi Boost
Welcome Bonus
This bookmaker offers a promotion that is called FunBet Sports Welcome Bonus. It allows users to redeem free bets with a value of 50% of their initial deposit. This promotion can only be redeemed by new users that use the promo code WFUNBETSB.
The value of the bonus can not exceed 50 EUR or $50 (depending on the type of the account).
Combi Boost
Besides the FunBet welcome offer, this platform allows its users to redeem a bonus every time they place a combi bet. This promotion is only applicable for combi bets that include 5 or more selections. The bonus is calculated as a percentage of the potential winning. This percentage varies anywhere between 5% and 50%.
The minimum odds for each event can not be lower than 1.30.
The total combined odds can not be lower than 4.00. Depending on the number of selections, you obtain a different bonus.
For example, if your combi bet includes 5 events you will receive a 5% bonus. If your bet includes 10 selections then you will be able to redeem a 25% bet. This promotion goes as much as 50% of the total winnings if your bet contains 15 or more folds.
Odds
FunBet allows its users to enjoy above-average odds. Compared to other bookies, the available odds for current sports events are higher, resulting in increased revenue for gamblers. The odds for live bets fluctuate in accordance with the events that take place during matches (the current score, statistics).
However, they do not vary that much compared to other bookmakers.
Overall, FunBet has nice but not excellent odds. This is an aspect that you should definitely keep in mind when choosing your preferred bookie.
Less popular sports (such as futsal, greyhounds, and golf) enjoy even better odds. For example, at FunBet cricket events the odds are even 10-15% higher than the ones offered by other well-known companies that perform on the betting market.
Betting margin
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Baseball
8.3%
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Basketball
10.32%
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Football
7.38%
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Volleyball
12.64%
Overall betting margin: 9.69%
Mobile
Currently, there is no FunBet app available on the Internet. However, considering the increased interest on Google of the keyword FunBet APK we assume that this bookmaker will probably release an application dedicated to mobile devices (at least for the ones running Android and iOS).
Please note that there is no such a statement on their website. This is only our assumption.
Mobile Browser
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Opera Mini
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Usability
Fun Bet welcomes its users with one of the most user-friendly interfaces available on the gambling market. It is amongst the newest bookies in the world. It was launched in July 2020 and obtained valid gambling licenses in a few countries within the first month of online activity.
One interesting aspect regarding this bookmaker is that the minimum deposit is as low as 10 EUR / $10 (depending on the type of the account you are using). This minimum amount is applicable regardless of the payment method you have chosen you for deposit.
Advantages
Limitations
User-friendly interface that contains plenty of interesting information
Plenty of events that can be included in your bet slip
Well-optimized live betting section
Digital bet slip for combi bets (multiple events)
The first page of the website does not show up the available events
Types of Bets
When it comes to the available types of bets, FunBet performs well, but it is not excellent. All the basic types of bets can be placed on this platform. This category includes 1X2 bets, a total number of goals, and so on. Besides these bet types, you can make use of the live betting section that includes plenty of other bets.
Moreover, there are several interesting bets you can place on the FunBet platform. This category includes politics and world events. For example, you can win up to $80 by betting $10 if the next election year in the UK will be 2022.
Funbet Types of Bets:
Credibility
Being a new pick on the market it is normal for people to doubt the credibility of FunBet.
However, according to the available information on their website, this bookmaker is licensed in Malta and works under the regulations of the Malta Gaming Authority. Their main franchise is licensed under another company’s name, Genesis Global Limited, that enjoys a gambling license MGA/B2C/314/2015 issued on the 5th August 2016 by the above-mentioned authority.
Up to this date, there are no valid complaints on the Internet regarding this bookmaker. However, there are several people that complained about unclear and unjustified limitations being applied to their accounts.
This bookmaker clearly states in their Terms and Conditions that they can take measures (apply limitations) on accounts that are suspect of fraud or misuse of the platform.
Payment Methods
This bookmaker allows its user to make use of a wide variety of payment methods. Below you will find a detailed explanation regarding each type of available transaction on this platform.
Deposit
FunBet allows its users to take advantage of nine distinct payment methods that are supported for deposits. These methods include:
- VISA / VISA Electron
- Maestro
- Paysafecard
- Zimpler
- Skrill
- Neteller
- EcoPayz
The minimum deposit is as low as 10 EUR / $10 while the maximum deposit goes as much as 5000 EUR / $5000.
The maximum amount depends on the chosen payment method. There are no service fees applicable to deposits.
All deposits are processed within a few seconds and the funds are immediately available on your account. For a detailed explanation, make sure to check out the table below.
Withdrawal & deposit in USD
Amount | Time | Fees | Amount | Time | Fees | |
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$10–n/a | Instant | 0% | $20–$5,000 | Up to 24 hours | 0% | |
$10–n/a | Instant | 0% | $20–$5,000 | Up to 1-3 days | 0% | |
$10–n/a | Instant | 0% | $20–$5,000 | Up to 24 hours | 0% | |
$10–n/a | Instant | 0% | $20–$5,000 | Up to 24 hours | 0% | |
$10–n/a | Instant | 0% | ❌ | ❌ | ❌ | |
$10–n/a | Instant | 0% | $20–$5,000 | Up to 24 hours | 0% | |
$10–n/a | Instant | 0% | $20–$5,000 | Up to 1-3 days | 0% | |
$10–n/a | Instant | 0% | ❌ | ❌ | ❌ |
Withdrawal & deposit in Euro
Amount | Time | Fees | Amount | Time | Fees | |
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€10–n/a | Instant | 0% | €20–€5,000 | Up to 24 hours | 0% | |
€10–n/a | Instant | 0% | €20–€5,000 | Up to 1-3 days | 0% | |
€10–n/a | Instant | 0% | €20–€5,000 | Up to 24 hours | 0% | |
€10–n/a | Instant | 0% | €20–€5,000 | Up to 24 hours | 0% | |
€10–n/a | Instant | 0% | ❌ | ❌ | ❌ | |
€10–n/a | Instant | 0% | €20–€5,000 | Up to 24 hours | 0% | |
€10–n/a | Instant | 0% | €20–€5,000 | Up to 1-3 days | 0% | |
€10–n/a | Instant | 0% | ❌ | ❌ | ❌ |
Support
The support team is always available to help you with any issue you may encounter when betting on the FunBet platform. There are three possibilities when it comes to contacting the Support Department as follows:
- Live Chat (24/7 using the appropriate button on the website)
- Phone Call at +442031503775 (Unspecified Schedule)
- Email at support@funbet.com (Unspecified Schedule)
After getting in touch with the Customer Support Department using all three methods we can conclude that their services are just as we expected.
To make it easier to understand, we have prepared a brief comparison between the above-mentioned contact methods.
Phone +442031503775 |
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Live chat |
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Competence | 5 / 5 | 4 / 5 | 4 / 5 |
Politeness | 4 / 5 | 5 / 5 | 4 / 5 |
Response Time | Instant | Up to 1 day | Instant |
Overall
In conclusion, FunBet is a decent bookmaker that is definitely worth a try. Their website is well-optimized and allows any users (regardless of their experience) to place a bet within seconds. In terms of bonuses and promotions, they excel. The welcome offer is amazing and so is the Combi Boost promotion.
- Advantages
- Amazing promotions
- Wide market
- Well-optimized website
- 0 fees for deposits & withdrawals
- Limitations
- No mobile application
- Restricted countries are not harshly specified
There are plenty of payment methods that you can use both for deposits and withdrawals. All transfers enjoy 0 fees. The processing times are quite shorter compared to other bookmakers. When it comes to the available types of bets, this bookmaker is not the best yet the available options include several interesting possibilities.