Important Note: Funbet do not currently accept bettors from the UK. Their application for a license with the UK Gambling Commission has been approved, though, and they will accept British users soon.
Even in its very name, Funbet taps into the essence of what we love about sports gambling. After all, above all else, betting should be fun. It should be a way to challenge yourself, or enhance the experience of viewing a live event. If a bookie’s main aim is to simply make things ‘fun’, therefore, they’re certainly getting things off to a good start in our book!
Of course, there’s plenty more to a sportsbook than just a name, and we’ll be diving deep into the substance of Funbet in this comprehensive review. We’ll evaluate not only their promotions and betting markets, but their security measures, customer support, mobile features, and plenty more besides. Overall, we’ll judge whether this brand-new bookie is worth your time and money.
Funbet Sports Sign Up Offer
Given that they only launched in September 2020, it’s pretty fair to say that Funbet qualifies as a new bookie! In circumstances like these, a mouthwatering welcome offer can be exactly what a sportsbook needs to get itself on the map.
The Funbet welcome offer certainly catches your attention, offering new customers a bonus of up to €50 (or currency equivalent). That comes courtesy of a classic ‘deposit match’, wherein – however much you deposit – you get some of that back as a bonus. In this case, it’s 50% of your first deposit.
So far, so good for this offer, then, but how exactly do you go about using it? Here’s a quick and easy step-by-step guide:
- Head to Funbet.com
- Click ‘Join Now’ in the top-right, and complete all relevant fields
- Deposit at least €10, using eligible payment method
- Enter promo code ‘WFUNBETSB’ in the ‘Bonus Code’ field when making your deposit
- You will now receive your welcome bonus
- Complete wagering requirements within 30 days (see below)
As you can see, for the most part this is a fairly simple offer to take advantage of. Before doing so, however, you must be aware of the terms and conditions. Here are the main T’s & C’s:
- Minimum qualifying deposit of €10
- Skrill, Neteller, Paysafe, PayPal and Ecopayz deposits are ineligible
- Qualifying deposit and bonus must be wagered a total of six times, at minimum odds of evens (2.0)
- Wagering requirements must be completed within 30 days of first deposit
- Ineligible bet types include Starting Price, Asian Handicap, and Draw No Bet
Obviously, the most noteworthy point here is those wagering requirements. Needing to bet through your deposit and bonus six times is a seriously big ask. Even if you deposit the minimum amount of €10, that still means €90 in wagers before you actually get to withdraw your bonus, or any winnings from it.
On the flip-side, having 30 days to complete this rollover is pretty generous, and the minimum odds of 2.0 are fair. And overall, if you do commit to completing these requirements, getting a 50% match on your first deposit is a valuable proposition in anyone’s book.
Funbet Ongoing Promotions
As a sportsbook, simply being new isn’t really a good excuse for having lackluster promotions. After all, the time when you’re most desperate to bring in new customers is when you should have the best deals on offer! Time and again, though, we’ve seen brands launching without a competitive range of promotions in place.
Unfortunately, Funbet fall into this category too. Despite presumably wanting to entice as many people into signing up as possible, they currently only have two ongoing promotions. Considering the welcome offer isn’t exactly a knockout, this is a very strange decision indeed.
Let’s take a closer look at the two deals Funbet are running at the time of writing.
Freebet with YourBet
Despite having a pretty weird name, we’re pleased to say that Freebet’s first promotion is actually very good indeed!
As the name suggests, you’re being given the chance here to win a free bet, which is worth €5. To get it, you must use the ‘YourBet’ feature. This is essentially just a bet builder, allowing you to craft same-game multiples bets with ease.
Triggering the offer is as simple as staking at least €10 on a bet with three or more selections. The combined odds must be at least 2/1 (3.0), and all pre-match and ongoing football and basketball matches are eligible. Crucially, you must also place the bet using a mobile device.
Whether your actual wager wins or loses, you’ll still be given a sweet €5 free bet. You’ll have a full seven days to use it, and all sports except horse racing are eligible. Best of all, Funbet customers can repeat this offer once per week, every week, to keep those free bets rolling in.
In Funbet’s ‘Combi Boost’, we find another promotion with an awkward name, but which undoubtedly delivers value anyway!
Combi Boost is a classic example of the ‘acca boost’ offer type, in which your multiples winnings are inflated. To qualify for this version, you must place an acca of at least five selections. Each selection must have minimum odds of 3/10 (1.30), and the total odds for your acca must be at least 3/1 (4.0). Both are fair requirements, in our eyes. Most of the biggest markets are eligible for this promotion, including football, tennis, and all four major American sports.
If your acca comes in, then you’ll collect your normal winnings, plus a boost on top. As with other such offers, the size of that boost increases as you add more selections. With the minimum five selections, you’ll get 5% extra, six selections gets you 7%, seven gets you 10%, and so on, all the way up to a mighty 50% boost on a 15-folds.
Funbet Markets & Betting Options
The modern-day sports bettor expects to be able to wager on whatever they like, whenever they like, however they like. The responsibility to meet this expectation falls squarely on the sportsbook. If they can’t manage it… the bettor will simply go to one of the many other bookies who can! It’s certainly a tough business, but this competition has driven sportsbooks to their incredible current heights.
We’re delighted to say that Funbet slots seamlessly into this super-competitive environment. Despite having only launched in September 2020, they already have a very strong selection of markets. Naturally football is at the top of the list, and we’ll delve deeper into that section later, but heavy-hitters like tennis, cricket, golf, rugby, boxing, and motor racing are all included too. The typical quartet of American leagues – the NFL, NBA, MLB, and NHL – are also in place, as are some more niche inclusions, like gaelic hurling and table tennis.
In fact, the only major omission we can currently see is horse racing. Given that it’s the second-biggest market for British bettors, this is obviously disappointing. It’s also pretty common for new sportsbooks, though, and we’d expect to see it added with time. The fact that horse racing is mentioned in the site’s T’s & C’s – including those for the YourBet offer – makes this seem extremely likely.
Of course, it’s not just the breadth of betting markets which is important, but the depth too. Again, Funbet impresses here. Their coverage of the larger sports is extremely widespread, encompassing competitions large and small, and there’s a nice variety in terms of bet types too. On top of all that, Funbet also provide short-term ‘FanBoosts’ – boosting the odds on certain popular markets – which constantly keeps things fresh.
For all the evolution in sports betting over recent years, some things have stayed the same. Football being the number one market for bettors – by far – is one of those. All credit should go to Funbet, therefore, for giving the beautiful game the attention it requires.
For starters, their coverage is absolutely ridiculous. Naturally all of the top continental contests are covered – including the Champions League – as are the biggest domestic competitions like the Premier League, La Liga, and Serie A. The depth below those, though, is pretty amazing, encompassing leagues and cups from all around the world. To give you an idea of the scale of the markets here, we counted 30 different competitions available for betting in Australia alone!
Of course, with football especially, it’s not only a question of what you can bet on, but how you can bet on it. Funbet offer outstanding variety here too, with these being just a handful of the available bet types:
- Match Result
- Over/Under Goals
- Both Teams to Score
- Draw No Bet
- Handicap/Asian Handicap
In addition to those old favourites, you can also place some more specific wagers on outcomes like total corners, a certain player to score the first goal, or a player to be carded. It’s also worth mentioning that the majority of these markets aren’t only available pre-match, but in-play too, giving you constant opportunities to profit from what’s taking place.
Rounding out this already-impressive selection is a tidy range of outright betting markets. While these aren’t available for all competitions, most of the major ones are covered: the Premier League, Euros, and so on. Those markets will always include the Winner, and may also feature the likes of To Be Relegated and Top Goalscorer, depending on the competition.
Funbet have not fallen into the trap of underrating tennis, instead giving it the respect it deserves as a betting market. It’s second on the main list of sports on the website, and – while the coverage isn’t quite as ridiculous as that of football – it certainly gets the job done.
All of the four slams are included, not only with match-by-match markets, but with outright Winner bets too. Plenty of other events across both the men’s and women’s tours are represented too, both pre-match and in-play, and there’s a respectable amount of variety in the bet types within each match.
As touched upon earlier, Funbet do a great job of catering for a nice variety of sports fans, rather than focusing all their attention on one or two massive markets. In all, there are approximately 25 distinct sports markets to bet on. Even within some of those, you’ll find further variety in markets; the wider ‘Motor racing’ section, for example, houses the likes of F1, IndyCar, and Nascar.
Almost all major European and North American sports are covered in style, with horse racing being the only noticeable absence. Funbet have also devoted time and effort to eSports – one of the fastest-growing markets around – with Dota 2, CS:GO, LoL, and more all available to bet on.
Pre-match and outright markets are obviously still incredibly important. Nowadays, though, they only form two points of the sports betting triangle. Live betting represents the other, and it’s only getting more popular with time.
Funbet have clearly recognised this and devoted plenty of effort to it. Live betting has its own entire section of the website – accessible via the top menu – in which you’ll find the full range of available markets at any given time. Naturally these aren’t as numerous as the pre-match markets, but the coverage is still impressive. Throughout the day, you’re likely to find a variety of betting opportunities not only for football, but for tennis, basketball, eSports, and more besides.
Again, there’s plenty of room for creativity in how you bet on these live events. Within a single football match, for example, you’ll often get around 90 individual bets to choose from. While there’s no streaming to back this up, Funbet do still provide live stats and a visualisation tool, to help you choose between all those wagers.
Funbet Mobile Betting And Sports App
If we had to identify one area in which most new sportsbooks tended to disappoint, this would be it. Despite on-the-go betting being incredibly popular, fresh-faced bookies routinely neglect to put time and effort into their mobile features.
Things don’t get off to a great start here for Funbet, either. There’s no mobile app whatsoever available, for iOS or Android users. The extent to which that actually matters is down to you, but – with apps being so omnipresent nowadays – it doesn’t make Funbet seem like the most prepared bookie in the world at launch!
Of course, the blow of not having an app can be softened by a top quality mobile site. And, in this case, we were actually pretty impressed with what we found. Funbet have kept the interface for their mobile site consistent in both appearance and layout with the desktop version, while making certain adjustments for a smaller screen size. The menu system has been restructured, for example, and scrolling menus have been installed where necessary.
Most importantly, everything works smoothly. Pages load extremely quickly, whether using mobile data or WiFi. All the functionality has been carried over too, allowing you to place live and in-play bets, manage your account, and so on, using your phone or tablet.
Funbet Bookmaker Features
There are certain fundamentals which we expect all sportsbooks to execute, regardless of how new they are: security, customer service, a user-friendly platform, and so on. When it comes to ‘special features’, however, we’re somewhat willing to give them the benefit of the doubt. After all, when you’ve literally just launched – like Funbet – those aforementioned aspects are simply more important.
Funbet is indeed lacking in headline-grabbing special features. There’s no live streaming of ongoing matches, for example, which comes as standard for premium bookies nowadays. Virtual sports are another notable absence. While they’re certainly not everyone’s cup of tea, they have also become commonplace in the modern day.
Of course, none of this is to say that Funbet is a Stone Age sportsbook! It certainly does have all the most important bases covered, with live betting not just included, but executed extremely well. As touched upon earlier, a bet builder has also been included, which isn’t a given with a new sportsbook. It’s called YourBet here, and – as bet builders usually do – helps to simplify same-game multiples wagers.
Funbet Banking Options
More and more over the years, we’ve seen newer brands close the gap on established bookies when it comes to banking options. We were pleased to see that Funbet have managed to continue this trend in style.
There’s an excellent range of payment methods waiting for you here. Naturally, heavy hitters like Visa and Mastercard are present and correct. There’s also Paysafecard, and a nice selection of eWallets in place too, though, including Skrill, Neteller, MuchBetter, and ecoPayz. All deposits are processed instantly, there are no fees attached, and the minimum deposit amount is an industry-standard €10 for all methods.
Essentially all the same options are available when making a deposit, minus Paysafecard, although the minimum transaction amount has annoyingly been raised to €20. eWallet withdrawals are processed instantly, whilst others generally take 1-3 business days.
Funbet Sign Up Process
From a punter’s perspective, you only want two things from a sportsbook’s sign up process. Firstly, it should be explained clearly. Secondly, you should be able to get it out of the way as quickly as possible, so that you can get on with the betting!
Funbet’s sign up process ticks both boxes. Everything is presented in a smooth and simple manner, and the entire thing requires only a couple of minutes of your time.
The process is split up into three main stages. At the first stage, you provide your name, date of birth, and email address. Next, you enter a couple more personal details; namely your phone number and address. Finally, you’re asked to set a username and password for your account, and also have the option to change your odds format, preferred currency, and marketing preferences, and set deposit limits. When you’re ready, simply complete the reCAPTCHA form, and hit the big yellow button at the bottom.
You will now get a verification email sent to the address you provided. Simply click another big yellow button within that email to activate your account, and you’re good to go!
Funbet ID Verification Process
ID verification isn’t much fun as a bettor, and we doubt it’s particularly exciting for a bookie’s customer service team either. Thanks to industry regulations, however, it’s something which all legitimate sportsbooks must do in order to stay on the right side of the law, and keep our accounts safe.
Naturally, it’s no different with this bookie. Within their T’s & C’s, Funbet technically reserve the right to ‘determine the circumstances when the Player is asked for verification documents’. As with other sportsbooks, though, we’d expect this only to really apply when you’re making a withdrawal from your account.
There are a whole series of pieces of ID you may be asked for. These range from the commonplace – like your passport, copies of utility bills, and so on – to financial documents like bank statements. When these documents are requested, you’ll be given a time frame in which you must provide them. Failure to do so may see your account suspended indefinitely, and naturally – if any information you provide is found to be false – both your account and funds may be taken from you.
It’s fair to say that Funbet doesn’t make the most striking first impression. Visually, the mostly-grey colour scheme simply looks drab and dreary, and there aren’t many graphics to spice things up. Much more important, however, is how the layout handles mechanically, and in this respect we were very impressed indeed.
The interface here has clearly been designed to be as minimalist and straightforward as possible. Rather than overwhelming you with options and odds, as new bookies often do, Funbet have instead focused on making their platform approachable and intuitive. Basically every important section you’ll need can be accessed via either a couple of simple top menus, or another menu down the left-hand side of the screen.
That left-hand menu is where you’ll find the betting markets housed, and browsing them couldn’t be easier. You just click a sport from that menu to open its eligible markets in the main section, or simply use the search function to locate a league or matchup directly. Even within a particular match, the markets are arranged in the clearest manner imaginable.
Overall, the Funbet layout is the absolute definition of substance over style. Start using it and – within a couple of minutes – you’ll be navigating the entire platform effortlessly and confidently.
As with banking options, this is another area in which we’ve really seen younger sportsbooks close the gap on the industry veterans in recent times. Again, Funbet fit the bill nicely here.
All the support options which you’d expect from a modern-day bookie are in place. Both phone and email are viable options, but – most importantly – live chat is also included. Accessing it is extremely straightforward too, merely requiring you to hit an ever-present button in the bottom-left of your screen. Best of all, the support team is available 24/7 to answer any queries you might have.
The indirect support, however, is… less impressive! There is an FAQ section in place, but – quite frankly – it’s still a bit of a mess. There are a reasonable number of entries, but they’ve all been dumped on one big page, with little care taken to arrange them in an intuitive way. Basically, if you do have a problem on Funbet, just save yourself some time and use the live chat!
More On The Bookmaker
One minor issue when using a new bookie like this is the obvious lack of a track record. Funbet do hold licenses with both the Malta Gaming Authority and UK Gambling Commission, so they’re certainly a legitimate brand, but there are few other details available.
We do know that they launched in September 2020, and – like their parent company, Genesis Global Limited – are based in Malta. Genesis Global are also a relatively new company, but have already enjoyed success with a series of online casino websites.
Funbet Bottom Line
Generally speaking, it’s not fair to judge a new sportsbook by the same standards as an established one. They simply haven’t had the time to iron out the kinks, add in all their features and betting markets, and so on. Even bearing this in mind, we must say… Funbet is pretty darn impressive.
Above all, it already feels like a highly professional sportsbook. The interface – while not exactly beautiful – handles brilliantly. The range of markets is incredibly deep, not only for pre-match betting, but for in-play too. Even what should be a drawback – in the lack of an app – is made up for by the quality of the mobile website. Likewise, even though the range of ongoing promotions is pretty small, the ones which are in place are very good indeed.
In fact, it’s very hard to find any major complaints with Funbet. Horse racing is an important omission right now, but – as noted – we’d expect that to be fixed soon. Likewise, the FAQ section could use some work, and – again – we believe Funbet will take care of this sooner rather than later.
Overall, despite being extremely young, Funbet is already an exciting proposition. Even in its current state, we can recommend signing up now, taking advantage of the 50% bonus on your first deposit, and enjoying the ride as this sportsbook gets even better with time.
UK + IRE only, 18+, Full T&Cs apply