FavoritoBet Casino Review

FavoritoBet offers a wide range of payment options and currencies, making it accessible to players from many different regions. Players can choose from popular payment methods such as Visa, Mastercard, Interac, MiFinity, Jetonbank, Boleto, AstroPay, Revolut, Сбербанк, Pix, and Perfect Money. For those who prefer to use cryptocurrencies, FavoritoBet supports Bitcoin, Ethereum, Litecoin, USDT, Binance Coin, BUSD, Cardano, Monero, Ripple, and USDC. Additionally, the platform accepts multiple currencies, including the Euro (EUR), Russian Ruble (RUB), United States Dollar (USD), Canadian Dollar (CAD), Brazilian Real (BRL), Argentine Peso (ARS), Chilean Peso (CLP), Peruvian Sol (PEN), Colombian Peso (COP), Uruguayan Peso (UYU), Bolivian Boliviano (BOB), and Paraguayan Guarani (PYG).

Please note that the minimum deposit and withdrawal amounts per transaction range between €1 and €10, depending on the payment method chosen.

The maximum deposit amount will depend on the specific payment method and will be displayed when you select your preferred option. Withdrawals are subject to limits: players can withdraw up to €1000 per day, €3000 per week, and €10000 per month.

All payout requests are processed within 24 hours if the requested amount does not exceed €1000, as long as no additional security procedures are required. FavoritoBet processes withdrawals without any commission, while deposit commissions depend solely on the chosen payment method.
For any approved withdrawal, the appropriate funds will be refunded to the player minus any applicable fees or deductions required by law. While FavoritoBet will try to use the player’s requested payment method and currency, this cannot always be guaranteed. In some cases, withdrawals may be processed using alternative methods such as payment providers, bank checks, or wire transfers. Any fees related to these methods are clearly indicated on the website.

It is important to note that FavoritoBet follows a three-step verification process. Step one requires all users to verify their information before making a withdrawal, including filling out personal details such as name, date of birth, address, and country of residence. Step two is required for users who deposit or withdraw over $2000, and it involves submitting a photo of a valid ID. Step three is necessary for deposits or withdrawals over $5000, where the process may include additional security measures, such as a source of wealth (SOW) request, depending on the risk assessment.

Inactive Accounts

In FavoritoBet’s Terms and Conditions, there is no mention of how inactive accounts are handled. There is no information on when an account is considered inactive, whether there are any fees for inactivity, or how long an account must remain unused before it becomes inactive. This is unusual because most online casinos have clear rules about inactive accounts. Typically, casinos define how long an account must be inactive before it is subject to fees, or when it may be closed due to inactivity. The absence of information could leave players wondering what happens if they take a break from the platform.

According to its Terms and Conditions, FavoritoBet is owned and operated by Games & More B.V., a company registered in Curacao. This is a significant plus since Curacao is one of the most respected licensing jurisdictions in the online gaming industry. FavoritoBet is fully licensed by the Curacao Gaming Control Board, and players can verify this by scrolling to the bottom of the homepage and clicking on the GCB logo. This link provides details such as the company number, license number, and certification, proving that FavoritoBet holds a legitimate e-gaming license. Additionally, payment processing is handled by Power Gaming Ltd, a company registered in Malta. The fact that FavoritoBet has such regulatory backing is a good sign for those looking for a reliable and secure platform to play on.

However, on the other side of the coin, FavoritoBet offers limited responsible gambling tools. They suggest that players set limits on how much they want to wager or deposit and to keep track of time while gambling. They recommend that players avoid letting gambling interfere with their daily responsibilities and encourage users to visit Responsible Gambling Initiatives for more guidance. While these suggestions are helpful, some players may expect more concrete tools, such as customizable deposit limits or session time reminders. FavoritoBet does offer a self-exclusion option, where players can exclude themselves from the platform for a minimum period of six months. Once activated, the account cannot be reactivated under any circumstances until the chosen period has expired. To initiate self-exclusion, players simply need to contact customer support at [email protected]

Each game provider on FavoritoBet has its own list of restrictions, meaning certain games may not be accessible in specific regions. For example, Ezugi games are blocked in countries like Bulgaria, Colombia, and South Africa unless operators comply with local regulations. Permanently restricted regions for Ezugi include Australia, Canada (specific provinces), France, the USA, Taiwan, and more. Be sure to check these details for each provider to avoid any access issues.

Do you have an issue? FavoritoBet makes it easy to get in touch with their customer support. You can reach them via live chat, email, or directly through their website. If you prefer email, simply contact them at [email protected], and you can ask whatever you need help with. The estimated response time is around 24 hours, so while it may not be instant, they aim to get back to you quickly.

One unique feature that stands out is the large form available on the contact page of their website. When you click on it, you will see a simple form asking for your name, email, subject, and message. It’s an easy process, and filling out the form should only take a minute. This streamlined approach makes reaching out to customer support quite straightforward.

However, one downside is the lack of a Frequently Asked Questions (FAQ) section. This is something many online platforms offer to provide quick answers without the need to contact support. Having an FAQ could save players time by allowing them to find common answers without waiting for a response from live chat or email support.