FastBet Review

FastBet is an international sports betting operator that also offers online casino gaming, including live dealer games. FastBet went online in 2016 and the website is available in a range of languages – English, Finnish, Norwegian, Swedish and German.

Company Details

The website is operated by Bethard Group Limited, a company which is based in Malta and is certified and licenced by Malta Gaming Authority. The bookmaker is also licenced by the authorities of Curacao, an island in the Dutch Antilles. Currently, FastBet is not licenced by the UK Gambling Commission and UK is not listed as one of the countries whose residents are welcome.

Despite the fact that FastBet is a relatively new betting brand, its owners and founders are people with rich experience in the online betting and casino gaming industry.

Bonuses and Promotions

New customers at FastBet can claim a Sports Bonus up to a maximum of €100 or NZ$100 that is available after the first deposit. The bonus is a 50% match of your first deposit, which means that you’ll need to deposit at least €200 to claim a €100 bonus. You will need to choose the betting bonus upon registering, before you make your first deposit. The bonus will then be awarded to you automatically.

Only players from certain countries, including the Scandinavian countries, as well as Germany, Austria, Canada, Switzerland and New Zealand can claim the bonus. The bonus wagering requirement is 4 times the deposit plus bonus and the amount has to be stacked at evens (2.00 odds) or higher. Only single bets contribute towards the requirement and the bets mustn’t be on American football or baseball. You can’t deposit via Neteller, Skrill or Paysafecard if you wish to claim this bonus.

Sports Markets and Odds Value

FastBet offers both pre-match and live sports betting on a range of different sports. More than 30 sports are available, including football, tennis, and basketball, as well as chess, pesapallo and trotting. Plus you can also bet on eSports and virtual sports, and under ‘Specials’ you will find various betting markets for issues that are not directly connected to sports, most notably – politics.

Football is definitely the most popular sport at FastBet, which can be seen in the fact that most of the competitions listed in the ‘Quick Links’ menu are football leagues and events. Usually, there are over 100 betting markets per match. The markets are grouped in several groups, including main markets, goals, halves, corners, specials, cards and period.

Total goals, BBTS, double chance, draw no bet, 3-way handicap and Asian handicap are only some of the main markets. You may also bet whether a team will score, whether they’ll keep a clean sheet, whether a player will score, or even whether he’ll score the first or the last goal, score at least two or three goals and few other options. You may also bet on the result at halftime, on the number of corners and whether there will be a red card or not. The special markets are usually a combination of two selections which can be wagered as one, e.g. both teams to score and home team to win.

Match betting isn’t the only type of betting when it comes to football, there are also league bet markets, including outright, relegation, special bets, top goal scorer and top finish. Outright is betting on the next champion, relegation bet is a bet on a team you think is going to finish the season in the relegation zone, top goal scorer is betting on individual goal scorer statistics and top finish is betting on if a team is going to finish in the top 4. Special bets may be introduced occasionally, these are unique betting markets.

Banking Options

In addition to Visa and MasterCard credit and debit cards, FastBet also accepts Trustly, Skrill, Neteller, Paysafecard and Zimpler. Whichever method you choose as a deposit method will have to be used for withdrawals as well. The minimum deposit amount is €10. The minimum withdrawal amount may vary and it generally depends on the chosen payment method and the chosen currency/the player’s country of residence.

There isn’t a specific number of free withdrawals that are allowed, but FastBet deserves the right to limit your payments to a certain amount and a number of withdrawals per period. If you stay within the limit there are no fees or charges on deposits or withdrawals. You will need to deposit at least €30 before you can request your first withdrawal and you won’t be able to withdraw anything before you wager the deposited amount at least once.

Your account and financial details will need to be verified before you can withdraw your winnings and you will be required to provide necessary documents in order to complete the security check.

Customer Service

FastBet offers customer support via email and live chat. You can fill in the requested information and start talking to a member of staff immediately, directly from the website, or you can send an email to the provided email address and wait for their response. Either way, they are helpful and friendly.

Conclusion

FastBet is an international bookmaker that accepts punters from various countries, but not UK residents. You can bet on a wide range of sports and events and claim a welcome bonus, but for the time being there are no other available bonuses. All in all, FastBet’s betting offer is alright and there are plenty of markets to choose from.

Pros and Cons

Pros

  • Multiple football match betting markets
  • More than 30 sports
  • No deposit or withdrawal fees

Cons

  • Currently doesn’t accept UK punters
  • Only one betting bonus