Favbet is a popular bookmaker that has been working in the gambling industry for more than 20 years. During this time, it managed to create several online betting platforms, as well as to develop modern and reliable software.
The sponsorship of the bookmaker and its targeted support of youth sports also deserve special attention.
The Favorit company began its activities in Ukraine in 1999. It turned into a major player in the local betting market very quickly. The bookmaker had over 500 land-based betting establishments in 2000. They were located in Ukraine and in some CIS countries (Russia, Kazakhstan, and Belarus).
In 2001, the company entered the online market. It became one of the first bookmakers that offered online betting for users. The heyday of online totalizer was in 2006-2008. It was associated with such large-scale sporting events as the 2006 FIFA World Cup and the 2008 Summer Olympics.
The crisis period began in 2009 when the Russian Federation and Ukraine banned all gambling activities in national tax jurisdictions almost simultaneously. The company was forced to rebrand and rethink its business approach.
In 2011, the brand entered the international market, changing its name to Favbet. The legal entity Favorit Sport has also remained in the Ukrainian media space, which has been acting as the operator of the national lottery to this day.
Thus, two companies are parts of one large international Favbet concern today:
- Favorit Sport operates in the Ukrainian legal field and, in addition to the exclusive sale of lottery tickets, is engaged in sports betting.
- Favbet Sport operates in international tax jurisdiction under Curacao (Antilles) license issued in January 2011. The range of services presented here largely repeats the previous company. The exception is the lottery operator options.
The concern’s advertising campaign is aimed primarily at the Ukrainian user. For example, the famous boxer Alexander Usyk is the face of the bookmaker. The company is the title sponsor of the Professional Football League of Ukraine. It also supports FC Karpaty (Lviv).
The activities of Favbet can be divided into two areas:
- Business to consumer (focused on consumers). The betting shop remains the leading figure of post-Soviet betting space, offering original betting lines and high odds.
- Business to business (interaction with gambling market subjects). First of all, the company will be interesting for terminal owners and novice businessmen who are just planning to open their own Internet platforms or buy franchise Favorit Sport.
The service supplier operates without a Ukrainian licence. However, the company is registered in Cyprus and holds a Curacao permit. Although its operations are not legally recognised in Ukraine, international registration allows it to accept clients from the country and assures the quality of its propositions.
There are two resources on the Internet with the same name, stylistic design, and functionality, favbet.com and favoritsport.com.ua. Let us consider them in more detail.
| Parameter | favbet.com | favoritsport.com.ua |
| Audience | The whole world | Ukraine |
| Specificity | Betting, Online Casino, Totalizer, Forex | Betting, lottery tickets sale |
| Winning taxation | Not taxable | 18% income tax |
Thus, Favbet Sport has two resources operating in the “.ua” and “.com” domain zones. The first service is focused on Ukrainian users, and the second one provides access for gamblers from all over the world.
The main differences are in the opportunities presented on two sites. An international version has more possibilities. In addition to bets, users can find online totalizer and such casino games as poker, roulette, and baccarat here. The built-in application for trading in the Forex financial market is a non-standard, but a very successful solution.
As for the Ukrainian platform, an additional betting section with political and entertainment events of the country looks quite non-trivial and fresh. One of the last bets, for example, offers to suggest whether the fare on the subway will rise to the end of this year.
The design of both sites is implemented in blue and white tints with slight red shades. The title page is characterised by lots of banners and tables. However, it is quite simple to navigate in this diversity:
- A block with the nearest matches and events, as well as their live broadcasts, is located in the centre of the page.
- The left corner is created in the slider format. All kinds of sports available for betting are presented on the site in a very convenient form.
- The right corner includes banners with promotions and last minute offers. A block with frequently asked questions also can be found here.
As mentioned earlier, Favorit Sport cooperates with business in the format of affiliate programs and according to franchise agreements rather actively. Nevertheless, the lion's share of the revenue comes from selling Favbet's bookmaker software.
The company experts are engaged in developing, testing, and implementing a script that can be introduced into the functionality of any betting site fast and easily. The software like at Favorit Sport is suitable for land-based betting establishments, as well as for Internet resources.
Favbet Sport offers to try product demos that can be used absolutely free. To do this, contact the company’s distributor, for example, Bett-Market.
It is also possible to purchase individual betting lines. This offer will be attractive for small bookmakers that are just entering the gambling market and plan to expand their business in the future.
When operators connect the provider’s bookmaker’s system, they become a part of a successful network that is guided by time-tested services. Betting with Favorit Sport’s content is designed to be engaging and streamlined. With an array of events, users can participate in pre-match and live wagering.
The nuances of the betting environment:
- Substantial assortment of disciplines. The provider presents wagering opportunities on over 25 sports types. This is more than enough to cover punters’ preferences within the participation environment.
- Live betting. Real-time activities are abundant as well. With around 200 daily matches and events, live wagering is one of the main interests for players who try the Favorit Sport system.
- Competitive odds. The provider is known to offer average to high winning possibilities with its betting line. Since the market is very tight, punters receive competitive odds to ensure exciting participation.
- Specialised bets. Beyond standard wins, draws, or losses, advanced wagering possibilities like handicaps and exact scores are available. This diversifies the engagement and makes users return for more.
The betting software provider takes pride in presenting reactive client service to ensure the operability of all systems is on the highest level. This support system alleviates operators’ platform management and grants streamlined participation for the audience.
Key highlights of Favorit Sport’s customer service:
- 24/7 availability. The supplier ensures that their support team can be reached around the clock to assist customers from various time zones.
- Multilingual communication. All services are offered in different languages, including Ukrainian for the primary target audience and English for all-rounded comprehension.
- Expert guidance. The support team is well-trained to provide proficient advice and assistance to help navigate betting participation or resolve any issues.
- Versatile contact channels. Clients can reach the team via different comfortable methods like a hotline, email, or a feedback form for the sake of flexibility based on their preferences.
The company is engaged in developing high-quality and multifunctional betting software. It has practically no analogues in the post-Soviet space. Here are the most significant advantages of the bookmaker office Favorit Sport.
The site has its own analytical department, which is involved in the development and correction of betting lines. Therefore, all offers from Favbet are characterised by originality and a non-standard approach to the situation. The margin is 8-10%, and the odds for equivalent events vary in 1.9-4.3 range.
Favbet offers more than 30 sports for betting:
- The most popular directions are football, hockey, basketball, volleyball, and handball.
- Tennis, biathlon, boxing, and MMA stand out among individual sports.
- Moreover, users can bet on such unusual sports as surfing, chess, and futsal.
- Major international events (championships, local football leagues, Grand Slam tournaments, Grand Prix Races, etc.) are represented most widely.
- The second and third divisions, as well as national tournaments, are also present on the site.
Favbet bookmaker has diverse betting line. It consists of two components, such as standard outcomes and totals, as well as lots of additional bets. The user can try to guess the result of the game, the final position in the standings, and the number of scored and missed goals.
Players may also bet on individual statistics specific players (corner kicks, cards, overall performance), and time intervals. The underdogs’ odds are especially popular among gamblers. These are bets placed on the team or athlete with initially less chance of winning.
The company offers to make pre-match bets during online broadcasts. The live betting section practically does not differ from the pre-match mode. About 90% of the standard betting lines, which are updated during the tournament, are presented here. You can find unit odds, multiple bets, system bets, and online totalizer in this section. The margin is slightly increased to 10-12%.
The platform is available in 12 languages, among which are Russian, Ukrainian, English, German, Italian, and others.
The system supports several currencies, including the US dollar, euro, Russian ruble, and Ukrainian hryvnia. Players can replenish their accounts using special terminals or bank's cash desk.
The script is integrated with Visa, Maestro, MasterCard debit and credit cards, Qiwi, Yandex.Money and Webmoney e-wallets. In addition, you can connect Privat24 (online banking system) to your platform.
The mobile app is designed for iOS and Android operating systems. The full range of services is available for users. You can bet on exciting events, watch competitions in a live format, and participate in a totalizator.
All analytical and statistical data, as well as announcements of future events, are presented in a convenient format.
The bookmaker has several advantageous offers for both users and operators. For example, the “Multiple Bet of the Day” campaign can increase the final coefficient by 15%. The “Favorit Club” savings program will allow you to receive points for each operation.
Earned bonuses can be spent in the official bookmaker store. Players will get access to branded clothing and accessories, stationery, household appliances, and sporting event tickets.
The smooth and uninterrupted functioning of the software is the basic principle of new products developing. The programs provide transparent and reliable operating, and unauthorised access by third parties is impossible.
Apart from these, Favorit Sport is also advantageous thanks to the following nuances:
- Long-standing reputation. After being founded in 1999, the developer has built a trusted image with extensive sphere expertise.
- Knowledgeable assistance. Commitment to resolving client issues promptly and effectively underlines the reliability of the brand.
- Generous bonuses. Enticing motivation for longer sessions and elaborate loyalty programs increase retention of any portal with the system.
- Integrated platform. The collaboration with Favorit Sport grants access not just to the bookmaker’s content but also includes casino games for full-rounded participation.
- Betting tools. Helpful instruments and resources assist in conducting strong wagering decisions, help identify problem participants, and limit access to dishonest users.
Favorit Sport is a recognized leader in the bookmaker industry. It offers high-quality and modern solutions for all gambling market participants. Players prefer this company because of the full range of betting lines. Operators are interested in progressive Favbet's software and franchise Favorit Sport.
You can buy betting script like at Favbet as well as bookmaker software or order free product demos from Bett-Market. Our company is the official Favorit Sport distributor. We propose only the best solutions at the most attractive prices.
Open Favbet office today and start earning tomorrow!
A bookmaker’s platform in the contemporary business world has all the chances of becoming a lucrative venture with the correct setup. Cooperation with a reliable supplier of content typically results in proficient elaboration of the participation environment that grants high acquisition and retention rates
- Partnering with Favorit Sport is synonymous with reliability, based on the following highlights:
- The company began its path in 1999 in CIS countries and entered the international arena in 2011 under the name Favbet.
- Favorit Sport is a Ukrainian-oriented subsidiary with a Curacao licence that offers B2B and B2C bookmaker services.
- The supplier presents a wide array of disciplines, live events, and regions with competitive odds.
- Responsive customer support is accessible 24/7 in multiple languages with various contact methods.
- Attractive bonuses, loyalty programs, and additional gaming options consider modern trends and personal inclinations.
- The trusted brand and its system won the global audience with over two decades of experience with stability and trustworthiness of operations.
Bett-Market is delighted to partner with such a renowned brand. We offer our clients only the most reliable software and integration assistance to ensure the sustainability of activities. Order the Favorit Sport bookmaker system or inquire about a turnkey solution at the Bett-Market experts.
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