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The Complete Guide to Betting with Fonbet

Author: Catherine Lysenko
13 May 2021, 15:42
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Votes: 2

To find out more about the broad world of sportsbook companies and news about betting, we offer our readers to get acquainted with Fonbet. This Russian company has something to offer even the most demanding bettors from all over the world. 

The Complete Guide to Betting with Fonbet

If you are passionate about sports betting, read the information about this online sports betting site, which you will surely have heard about at some time. Fonbet is a Russian company and betting platform. It was founded in the 90s, becoming one of the first sports betting sites in Russia. From its launch until today, it has received several awards.

One of the things that Fonbet is proud of is that it is always at the forefront of new technologies, and that makes betting with it more attractive for punters.

It began to operate all over the country and to work in franchises in other CIS states, thus obtaining well-known ambassadors, as well as offering an attractive bonus program.

What business representatives should know about BK Fonbet

It’s the leading company in the Russian sports betting market, as shown by the award obtained at the Bookmaker Ratings. Fonbet won the Grand Prize in the nomination for the best online bookmaker of the year. Their loyalty program was rated the best in Runet's opinion.

Countries using its services

Fonbet's main market is Russia, although the sports betting operator is also represented in Cyprus. Fonbet is also available in 6 other countries:

  1. Russian Federation;
  2. Kazakhstan;
  3. Armenia;
  4. Georgia;
  5. Ukraine;
  6. Cyprus.

Fonbet live betting rules

The bet amounts may differ not only for different events but also be set for each of the clients on an individual basis. You can see the amount of the minimum or maximum rate in the entry line. The amount of the winnings also has limitations. 

In pre-match bets, the client will not be able to receive payment from all bets on one specific event more than 15 000 000 rubles ($200-$250). In live mode, this amount is reduced 15 times, amounting to only 1 000 000 rubles ($13-$350).

Registration and identification

To start playing at Fonbet, you will need to register. Creating your user account will take a few minutes before you start placing your sports bets. You can do it on the site or in the web application. In any of the sites, the “Register” button will appear, click and fill in the questionnaire fields and accept the agreement of the Fonbet rules.

fonbet

At the registration stage, it is best to indicate a number that has been verified in the QIWI system (if any). This will greatly simplify the subsequent identification procedure, as Fonbet works through QIWI Bank. Otherwise, the client will have to go through another process included in the registry. Without identification, they will not have access to account recharge or bets.

Identification can be done by several methods:

  1. By video call: an innovative way for customer account verification. The only thing you will have to do is to upload the documents required for identification and a BK Fonbet operator will call you and ask you to show them your passport and a few minutes later they will verify your account.
  2. At the bookmaker office: you must find a Fonbet sports betting office in your city, then, you must visit it with your passport and you will obtain a card at the cashier.
  3. By QIWI: you can verify your number in the QIWI system by contacting Euroset or Contact stores. The process is similar to the previous one. Here only the service will be paid.
  4. Via the support portal: another remote option available only to residents of the Russian Federation.

Margin indicator for major disciplines

For a long time, Fonbet has not offered high odds, wishing not to get into the quote battle with other bookmakers. The margin level is medium, but the company has its own analytical department. In Fonbet, they know what are the most popular sports in the world right now. On this online sports betting site, you have more than 24 sports in which to make your sports predictions, but we are going to highlight the most important ones.

In general, the odds markets are fairly stable. There are no events here that exceed the 10% margin on unpopular events.

Football

This discipline is best represented at Fonbet. In the big five leagues, along with the RPL, the margin is 4%. The rest of the tournaments have a bookmaker commission of 5% on average.

fonbet live

Note: prior to rushing to the Fonbet’s soccer section, be sure to find out major football betting tips.

Tennis

This kind of sport is presented at an intermediate level. Major tournaments have a margin of 5%. In other events, this figure rises up to 7.5%.

Hockey

The odds here may vary depending on the event. Usually, in the NHL and KHL, the margin is 5%, but in some cases, it can reach only 2.5%. European tournaments are presented slightly worse, and in other championships, the margin sometimes reaches 8%.

Basketball

In the current discipline, quotes are average. The NBA tournament has a margin rate of 5%, while the rest of the leagues already have 7.5%.

Fonbet results in sponsorship 

Fonbet actively sponsors sports competitions and tournaments. Its name sounds for sponsoring Real Madrid, PSG, or the Russian football teams. It also acts as the main sponsor of the KHL and supports the Spartak and Avangard hockey clubs. We cannot forget to highlight the sponsorship of the VTB United League in basketball and partnership with Federbet and EWS-FIFA to lead the battle against illicit match-fixing activity in soccer. The company has also been a sponsor of the 2016 EuroLeague Final Four and is a permanent partner of the EuroLeague.

Features of the Fonbet mobile app

As we have mentioned before, Fonbet is always leading the technology market and it shows this once again when it comes to making things easier for users to play.

You can find the mobile application for iOS and Android to be able to play from your mobile phone, although you can also play on your tablet. In the same way, from its website, you can download the desktop version to download to your Windows computer. If you do not want to download an application form on your mobile phone, you can also play the same on the Fonbet website.

Fonbet bonus system

bk fonbet

If you are a high roller, you want to keep reading until the end because Fonbet promotions are great. It has one of the largest welcome bonuses in the sports betting market. New registered users will be able to get 15 000 rubles ($200). To get this promotion, all you have to do is to register and recharge your wallet.

Fonbet players can also find guarantees for express wagers, this consists of obtaining a refund of the sports bet made if one of the coupon events is lost. For you to be eligible for this promotion, you must meet the conditions of the promotion.

This bookmaker has a wonderful VIP system, with which you can get cashback depending on the level you have. The highest percentage of refunds is 12.5% ​​and the lowest is 7.5%. To obtain VIP status, you will need to place bets for the amount specified in the rules within a month.

Deposit and withdrawal methods at Fonbet

Another thing that stands the company out from its competitors and that makes Fonbet always be among the best bookmakers is that you can find more than 24 payments and withdrawal methods, among which players can use electronic wallets, credit, or debit cards and local payment methods.

Fonbet’s pros and cons

Pros:

  1. great odds;
  2. casino, Toto, virtual sports, esports;
  3. wide range of alternative betting markets;
  4. easy to use live betting session;
  5. lots of payment methods;
  6. quick withdrawals;
  7. mobile application;
  8. appealing promotions.

Cons:

  1. a bit outdated website;
  2. charged withdrawals on some payment methods;
  3. no live streaming.

Read more: All you need to know about betting on sports

Read more: Top soccer clubs in the world

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