Fonbet - Overview & Rating
Fonbet is the trademark that Fortune Entertainment RG Limited operates under. It was founded by the top managers of betting associations. Fonbet is one of the largest gambling companies in Russia and was founded in 1994 by Anatoly Machulsky. The company was licensed by the National Betting Authority of Cyprus on 19th October 2019 and it is due to expire on 19th October 2021.
Fonbet is one of the largest gambling companies in Cyprus.
The website by Fonbet is easy to navigate through because of how it is arranged. The colors used, blend in very well making it easy to spot different sections. The key features of the site are captured on the front page. They include the options of logging in and signing up, statistics and promotions among others.
In the app world, Fonbet is not left behind. Their easy to download and install application is both on the Android and iOS platforms. As a beginner or as a seasoned gambler, you will find it easy to navigate through the application.
Fonbet’s website gives a provision for downloading the app; whether for Android or iOS.
At Fonbet, betting services include different games. Some of those which are offered on the website and you can bet on include the following.
- Basketball 3×3
- Table tennis
- Beach volley
- Australian football
- Field hockey
- Mix fights
- Beach football
The list also includes Esports such as
- Cyber basketball
- Cyber football
- Cyber hockey
- Cyber tennis
- League of Legends
- PlayerUnknown’s Battlegrounds
- Rainbow Six Siege
- Rocket League
- StarCraft II
- UFC 3
- World of Tanks
Additionally, Fonbet offers both pre-match and live betting to its customers. Some of the sports offered on live mode are football, tennis, waterpolo, basketball, cycling and e-sports. Also, the company offers live streaming of some events enabling their clients to enjoy watching whether on the go in the comfort of their home.
Freebies, Bonuses and Promotions
Fonbet caters for its new customers in a unique way. There are cashable bonuses which are up to 250 Euros. All new customers are eligible for these bonuses. All you need to do is to deposit a minimum of 5 Euros and place bets on events that have odds above 2.00 Besides, there are other freebies lasting for some time all year long to motivate and engage seasoned bettors on the site. Bonus accumulator is one of the provisions at Fonbet to help players not lose their money while playing on the site.
A fully functional loyalty program by Fonbet gives customers a chance to feel part of the company. The program is available to those who are willing to cash in huge amounts of money. Those holding the silver status, get 7.5% of the money they have betted with in terms of free bets. Those who have gold status, get 10% cashback.
The customer care team working for this sports betting platform is professional and holds humanistic values. Bearing in mind the high number of bettors who stream into this site, the amount of time taken to respond is considerably okay. Delays are experienced once in a while at Fonbet when the system is under maintenance or the number of people waiting to be attended to is huge.
Scrolling down Fonbet’s website, the contact information is placed on the bottom right for ease of access. To email them, use [email protected] or you can call them via tel: +357 800 12 008. Also, a Live Chat option is there. If you have any query, you can reach out through these different channels.
Registration at this online sports betting platform is easy to follow. Fonbet requires one to give their name, title, passport or identity card number as issued by the country of residence, date of birth to confirm that you are not under the legally required18 years, email, phone number, city, country and region (for the region, it is not mandatory), address and postcode are also needed to prove your residence in your country. In addition, Fonbet has a provision where one can enter promo codes if any.
It is the first stage of registration which allows you to deposit money not exceeding 2000 Euros and place bets.
The second stage ends when you verify your identity on the verification page by attaching your scanned Identity Card or passport and confirmation to verify your place of residence.
Fonbet online sports betting company has a wide range of payment methods for their clients to choose from. They include Visa, Mastercard, wire transfer, PayPal, Skrill, Paysafecard, Neteller and OKTO.CASH.
At Fonbet, using Visa cards and MasterCard, the minimum you can deposit from them is €2 and the minimum you can withdraw is €5. Wire transfers are different because the minimum you can withdraw from the bank using this process is €200 while the minimum you can deposit to it is €100.
At Fonbet, the electronic wallets, the minimum you can deposit from them is €5. There is a 0% commission charged in the process of depositing money from the electronic wallets.
For you to withdraw money from the website to any of the methods accepted you have to give proof of residence as a security check.
The currency accepted in the payment methods at this sports betting site is the Euro. It is because of the huge acceptance rate and traffic from European countries at Fonbet.
Reliability and Safety
At Fonbet, one of the major commitments to their clients is safer gambling. When you scroll down the website main page, it is clearly displayed how you can gamble safely. They have included advice such as:
- You should gamble within your means
- You should chase not your losses
- Gambling is a venture that should be looked into as a fun activity
- Betting should not be primarily to earn you money but as a leisure activity
- Gambling should not be done when one is depressed or upset
- As a bettor, you should track your money as you navigate through the payment methods.
On the other hand, encryption services are offered between the end-user and this sports betting site, Fonbet, to ensure that there is a safe transfer of personal data between the two.
Luke Massey from SBC News featured Fonbet’s journey from 1994 to 2021. The major highlights of the news were the milestones that this sports betting company has taken to beat all odds into becoming one of the leading online betting companies on the globe.
Since this sports betting company has attracted a big number of gamblers around the world, it would be a good move to introduce live streaming of events for more events. Also, we recommend Fonbet to add some deep colors to the lower part of the website to allow for clearer visibility.
Fonbet.com.cy operates in English, Russian and Greek.
Products and apps
Fonbet offers sports betting and in-play betting for its users. The same services are available in mobile mode and mobile app. The mobile app is available for Android and iOS platforms. The iOS app can be found in the App Store, while the Android app directly from the website.
You can fund deposits in Fonbet via VISA, Mastercard, Skrill, Neteller, PayPal, paysafecard, OKTO and bank transfer. The minimum deposit sum is €2 for cards; €200 for bank transfer; €5 for the rest of the payment methods. The maximum limit is €20,000 for cards; €10,000 for Skrill. The processing is usually done instantly. The bookmaker charges no fees for deposits.
The withdrawal can be made via VISA, Mastercard, Skrill, Neteller and bank transfer. The minimum withdrawal sum is €5 for cards; €15 for Skrill and Neteller; €100 for bank transfer. The maximum limit is €20,000 for cards; €10,000 for Skrill. The processing takes 2-5 business days for cards; 2-10 business days for bank transfer; up to 3 hours for Skrill and Neteller. The bookmaker charges no fees for withdrawals for all payment methods except for Skrill – 1% (capped at €0.5).
|from €2 to €20,000||instant||0%||from €5 to €20,000||2-5 business d.||0%|
|from €2 to €20,000||instant||0%||from €5 to €20,000||2-5 business d.||0%|
|from €5 to €10,000||instant||0%||from €15 to €10,000||up to 3 h.||1% (capped at €0.5)|
Fonbet only accepts Euro.
Fonbet offers live chat, email and phone call for contacting its support service team.
as an arbitrator
Lower the maximums
You can learn about the feedback and opinion on sum withdrawals and betting in Fonbet in the “Feedback” and in the comment to the review. Learn here about the experience of Fonbet users. Share your experience with everyone.
Pros and cons
You can make deposits on the site or in the app. Money is transferred instantly. The depositing protocol is detailed here: Go to My Account and select the Deposits and Withdrawals tab. A list will pop up with different options for making a deposit. You can also make a deposit by clicking on the balance button in the top right corner of the screen.
To use a free bet, you will need to follow this procedure: select one or several events; in the bet slip window, click on the button with the gift icon; click the Place Free Bet button.
Fonbet offers new customers bonuses or free bets with a nominal value of up to EUR 250 for their first deposit. To receive these, make a deposit of at least EUR 5 and place bets on events with odds 2.00+.
Go to the verification page; take photos of your passport or ID card and attach them; take photos of the document confirming your place of registration and attach them.