FansBet Review: A Crowd-Pleasing Bookie

FansBet has been available in Canada since 2017, and since then has drawn countless sports bettors in with its unique offer to share 50% of its net profits with its users’ chosen causes. In this FansBet review, we’ve explored the most important facets of this betting operator, including the odds, platform and much more.

Our Rating of FansBet - CanadaCanada Flag

Overview – One Click to Your Topic
Sports to bet on 27
Avg. markets 25
Live streaming No
Payout rate 96.57%
Sponsorship N/A
Languages offered English, Norway, Finland, German
Customer service Live Chat/Email
Gambling licence Gambling Commission Number: 1013060
2 X $30 Free Bets $60 Bonus
Play Here Visit Site!
Website www.fansbet.com
Overall Rating 4.4 / 5
FansBet Highlights:
Rank Best Betting Sites
Payment Rank Top Neteller Betting Sites
Players must be 18+ to join. Full Terms and Conditions apply.

We are dedicated to ensuring that our readers find the perfect sportsbook for their personal needs and betting preferences. This is why we’ve covered in-depth criteria in our reviews, including things such as the available payment methods, customer support options, mobile betting and web design. Keep reading to discover a thorough assessment of the platform.

Introduction to the FansBet Sports Betting Platform

Not long after we began our FansBet review, we could see why this is such a popular bookmaker. As we will cover in the upcoming section, this is a betting platform that offers a great selection of sports with diverse markets all year round, with competitive odds for popular events always available.

Available Sports and Markets

FansBet hosts a total of 27 different sports categories to wager on, with many of these sports having dozens of local and international leagues to wager on at any time. Canadian bettors will be pleased to know that these include the National Hockey League as well as soccer, rugby, tennis and much more.

Other popular FansBet sports to bet on include cricket, rugby, golf, and a range of motorsports. Players are even able to wager on eSports, which are growing in popularity around the world due to the frequency and short time span of events. Below, we’ve listed some of the most popular sports, leagues and markets to bet on at the operator.

The Most Popular Sports Markets at FansBet
Football (110) Basketball (37) Ice Hockey (24) Tennis (30) E-Sports (31)
Premier League Euroleague NHL Wimbledon Dota 2
FA Cup Bundesliga AHL US Open League of Legends
Champions League Lega 1 Eishockey Liga WTA Tour Overwatch
Bundesliga NBA Champions League ATP Tour Rainbow Six
Championship ACB League KHL French Open Starcraft 2
La Liga NCAAB Swedish Hockey League Australian Open Counter-Strike: GO

Like many other top betting sites, soccer tends to be the most represented of all sports, with a staggering 180 international leagues and divisions available to wager on. Of course, this includes the English Premier League, which generates one of the largest betting handles in all global sports.

One of the biggest downsides to the site’s sports offerings is that it doesn’t include any markets for the Canadian Hockey League. That said, this remains uncommon at any sportsbook, so it can be overlooked. Overall, we are very satisfied with the betting options at FansBet and are confident that you will be too.

Live Betting and Match Streaming

If you’re looking for a fast-paced and thrilling way to bet on sports, you may be interested in live betting. At FansBet Canada, you are able to wager on a number of different sports and events as they unfold in real-time, with single, multi and system bets all supported from the In-Play Betting platform.

Within the In-Play tab, you’ll be able to see a well-categorized overview of all the events that are currently in play. If you click on an individual event, you’ll be able to find the full list of available live markets in addition to a myriad of helpful stats to help you wager. You can also track multiple events using a Match Tracker tool.

Some of the top bookmakers will also allow you to live stream matches as you wager on them. Streams often include betting tips and statistics so that you can wager quickly, which is important as live odds will fluctuate rapidly. One of the biggest downsides to using FansBet is that there is no live streaming available.

Multi Bets

Multi bets, or parlay bets as they’re often referred to, are a type of bet that combines a number of different events into one single wager. To create multi bets, you must click on several markets. The odds of each are calculated together, then players set a stake on the accumulated odds.

Up to 20 selections can be added to a FansBet sports betting multi slip. One thing to consider is that for a multi bet to be successful, every selected market must be successful. The more you add, the lower your chances to win will be, hence why this is only recommended for seasoned bettors.

To create a multi bet, click on each market from the same or different events. Then, to change it from a single bet to a multi in the betting slip, click ‘Combo Bet’. You are also able to click ‘System’ to create a system bet. These are similar to multi bets, though can pay out even if all of your chosen markets aren’t successful.

Minimum Bets and Maximum Wins at FansBet Canada

All bookmakers will apply caps on how much can be won on a single bet, in a 24 hour period and/or in a week. These limits may vary depending on each sporting event and tend to be based on the popularity of each sport. No matter which sport you bet on at FansBet, the minimum wager is $0.01.

The maximum weekly win limit is $10,000, which is a very small value. This means that your weekly bets should never exceed a potential win of more than this amount. For high roller players during major sporting weeks, this may be far too small a limit, especially considering some competitor sites support maximum weekly payouts of $1 million.

The FansBet Odds8

The FansBet odds are quite competitive with many other popular Canadian sportsbooks. The average house edge for all sports is roughly 5%, which means that 95% of all revenues generated from bettors are returned as winners. That said, some sports tend to offer more favourable payouts than others.

For example, soccer tends to payout around 98% of generated revenues, especially with more popular games. On the other hand, sports such as soccer tend to hover around 93%. A general rule of thumb to remember is that the higher the payout percentage, the more fair and competitive a bookies’ odds will be.

Odds Levels for the Largest Sports Markets
  • .
  • Soccer93.11 - 97.88%
  • Basketball91.84 - 92.67%
  • Ice Hockey91.98 - 93.52%
  • Baseball91.38 - 93.87%
  • NFL92.15 - 96.09%
  • Golf91.81 - 93.79%
  • Motorsports92.33 - 94.91%
  • Cricket89.38 - 92.70%
  • ..
  • .....
  • Return to Player (%)

The in-play payouts are relatively competitive though odds will always fluctuate depending on the status of the game. Although it may be a bit more difficult to undertake an odds comparison during live events, we strongly suggest you compare odds with other bookies for pre-match wagers before placing your bets.

On the subject of odds, you’ll be pleased to know that FansBet displays odds in the decimal format, which tends to be the preferred display for Canadian players. However, if you prefer to view the odds in the American or Fractional display, this can be changed within your player account settings.

Available Payment Methods

There are several payment options available to make deposits into your FansBet account, with most of these also compatible for withdrawals. These include major credit cards Mastercard and Visa, eWallets such as Skrill and Neteller, and bank transfers. You can find details for these payment methods below.

Payment Methods Withdrawal Limits Deposit Limits Withdrawal Time Deposit Time Fees
Visa Unlimited $10 1 – 7 days Up to 24 hours At your bank’s discretion
MasterCard Unlimited $10 1 – 7 days Up to 24 hours At your bank’s discretion
Skrill Unlimited $10 Up to 1 day Instant Free
Neteller Unlimited $5 Up to 1 day Instant Free
Bank Transfer Unlimited $20 Up to 24 hours 2 – 10 days Free

As you can see, each payment method has varying transaction times and minimum withdrawal limits. While FansBet has a default cap of $2,000 on all deposits, players are able to adjust this within their accounts. Just keep in mind that credit card and eWallet providers may charge fees.

Web Design and Betting Platform

One of the most satisfying things that we found during our FansBet review was that the site uses a reliable, well-categorized web design. While the colour scheme and aesthetic are very simple, we found that navigating through betting categories was intuitive and fast. There are also some unique, helpful tools within the betting platform.

For instance, the betting functions were easy to use and supported a diverse set of betting options. Pages loaded quickly, which is especially important during in-play betting. Navigating through the site’s walkthroughs and helpful guides was also easy and we picked up the feel of the site in no time.

The same goes for the mobile platform, which has been customized to allow for seamless betting when accessed through the browser on smartphones and tablets. Overall, we found that the web design and betting platform at FansBet allows for a very enjoyable and stress-free experience which is a must for all betting sites in Canada.

How to Place a Bet

Whether you’re new to online betting or a regular online bettor, you will find that placing your first wager is an easy and intuitive process. This applies to all bets, no matter which FansBet sports or markets you’re interested in wagering on. To begin, you just need to create a player account.

Before you sign up, make sure you have your identification documents on hand, ready to submit. This will ensure that verifying your identity and age is as seamless as possible. From there, it’s a matter of claiming your bonus, choosing your markets, and setting your stake. You can find a more detailed guide below.

  • [1] Open an Account Fansbet Account OpeningProvide your identification documents and personal details to open an account. Verification can take up to 48 hours. Make your first deposit.
  • [2] Find Sports Market Fansbet Sports MarketsFind sports and markets that interest you in the betting lobby. Click on the markets that interest you to add them to your bet slip.
  • [3] Enter Stake Fansbet Placing betChoose whether to make a single, combo or system bet. Set your stake, then click to ‘Place Bet’. Be sure to confirm your bet after.

If you wish to make a live bet, the above guide is exactly the same. You just need to make sure that you are selecting from within the In-Play tab. You may find that certain markets are quickly suspended or will expire depending on what happens in the game, so you need to be sure to place your bet to secure the odds.

Before you begin your FansBet betting, it’s also worth claiming the betting bonus. The promotion may require that you make a deposit of a certain value or place an initial qualifying bet before it is awarded to you, so be sure to read the terms and conditions before depositing or betting.

About FansBet

Launched in early 2017, FansBet Canada immediately impressed users with a unique premise: that 50% of its net profits are distributed to causes of fans choosing. In the upcoming sections, you will learn more about the business, its licensing details and security, and the quality of its customer support options.

More About the Business

FansBet’s profit distribution cause is perhaps the most unique feature of the site. When players sign up, they can choose a cause or team to be affiliated with. This means that the site works closely with sports fans so that their betting can fund their teams in the case that they are not successful.

For the first two years of its operation, the number of users was relatively low. In time, the bookmaker began to gain traction as it signed up dozens of more fan partners. It is now a sponsor of several sports clubs around the world, including AFC Wimbledon. You can find more details about the site below.

All About the FansBet Business
Company Support Security Player Protection
Name: FansBet Live Chat: 24/7 Encryption: CloudFare 256-bit SSL Deposit Limits: Adjustable
Head Office: Level 3, 203, BMW Building, Rue D’Argens, Gzira GZR 1368, Malta Phone: N/A Licence Number: 1013060 Betting Limits: Adjustable
Owner: Rush Gaming Limited Email: support@fansbet.com Testing Agency: eCOGRA Self Exclusion: Available
Employees: 30 + Fax: N/A Audit Organisation: IBAS Child Protection: Guaranteed
Registered Players: Unknown Other: FAQ, Contact forms Anti Money Laundering Controls: KYC Partner Organisations: GamCare, Gambling Therapy

There are more than 30 employees working for FansBet, which is a subsidiary of Rush Gaming. The company was founded in 2016 and is licensed in both the UK and Malta. It also operates several other up-and-coming betting sites such as Fantasy Bet, OneBet and RedBet.

Customer Support Options9

When you sign up to any online betting site, you should be prepared for the possibility of issues arising. The best way to be prepared is by checking that the site offers a reliable, regularly available and helpful customer service team. This will guarantee that all your issues are addressed in a timely manner.

The best customer support is available 24/7 and in a number of different contact methods. Our FansBet review found that while 24/7 support is available, it is only on offer for live chat. Fortunately, this is the most effective of all support methods. FansBet also offers a contact form and email service.

You can talk to customer service in several languages, including English, Norwegian and German. Unfortunately, many Canadian players won’t be catered to due to the lack of French support. That said, our experience with the FansBet customer care team was pleasant, with agents being friendly, helpful and professional.

Licensing, Safety & Security10

In order for a sportsbook to be trustworthy, it must first be licensed by a reputable international gaming regulator. While Canadian bettors are able to sign up to unlicensed bookmakers without fear of legal retribution, this is an extremely bad idea. This is because there is no way to verify if an unlicensed bookmaker is legitimate.

We have verified that the FansBet sports betting platform has been licensed by the Malta Gaming Authority and the UK Gambling Commission. This ensures that the bookmaker is not rigged, that it implements strong SSL encryption technology, and works with responsible gambling organizations to protect vulnerable players.

The platform implements self-exclusion and self-limitations to ensure that problem gamblers will not be tempted to gamble. It also prevents underage gamblers from using the site. If you have any issues with slow payouts, you will also be able to make a formal complaint with the site’s regulators.

Bonus Points5

As we wrap up our FansBet review, we want to acknowledge a few more points that are worth considering that affect our final score of the website. In this section, we’ve awarded some additional marks for the bookie’s other features, including whether it offers novelty markets, special promotions, sponsorships and if it has won any awards.

We have not been able to give any marks for the live streams category as the site is yet to offer streaming of any sporting events. However, as FanBet partners with plenty of different sporting groups around the world, we’ve awarded full marks for the sponsorship category.

  • Live Streams 0/3
  • Sponsorship 3/3
  • Awards 0/2
  • Extra Markets 1/1
  • Bonuses 1/1
  • Bonus Points 5

The FansBet betting platform has not won any industry awards yet, which isn’t too surprising considering that it’s only a few years old. We do want to acknowledge its special eSports markets though with a special point, as well as its regular promotions and loyalty scheme.

Conclusion: A Fair and Legitimate Canadian Betting Site

Our FansBet review found that this is a very satisfying sports betting provider. The site has a unique premise in that it gives back to local sporting groups, making it an ideal platform for sports lovers. Furthermore, the betting lobby is stocked with more than 20 sports, some of which have more than 50 leagues to bet on.

Our FansBet odds comparisons found that the site offers competitive payouts compared to other major bookmakers. There are numerous popular payment providers available for deposits and withdrawals too, so it will appeal to most players. The web platform is well categorized, fast and stable, so newbies won’t have any trouble getting used to it.

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Strengths and Weaknesses of FansBet
  • Major Strengths
  • Plenty of sports leagues
  • Fast web platform
  • Major Weaknesses
  • No live streaming
  • Minor Strengths
  • 24/7 support
  • Great betting options
  • Minor Weaknesses
  • Low maximum wins
Players must be 18+ to join. Full Terms and Conditions apply.

The biggest issue that we had with this website was that it does not host any live streams of sporting events. It also has much smaller weekly win maximums than other top Canadian betting sites. If these issues don’t bother you though, we suggest using the link above to claim the new player welcome bonus.

FAQs

Below, we have provided answers to commonly asked questions about the FansBet betting platform. We’ve provided a jump link to the relevant sections of our review in each answer if you want to find more information on each topic. If you have further questions, email us at info@bestbettingsites.com and one of our friendly sports betting experts will get back to you as soon as possible.

 📺 Can I place a live bet at FansBet?

Yes, you can place a live bet at FansBet. All you need to do is head to the In-Play tab and you’ll be able to find odds for several betting markets. Click on the markets to add them to your bet slip, where you can create either a single, combo or systems bet. While you can’t live stream events, you will have access to some useful statistics to inform your real-time wagers.

 🏆 Does FansBet have a welcome bonus?

Yes, FansBet has a welcome bonus for new players. This generous welcome offer will be available as soon as you’ve created an account and make the minimum first-time deposit amount. Remember to read the terms and conditions closely to learn the requirements of your bonus.

 🔍 What are FansBet odds levels like?

The FansBet odds are similar to some of the top bookie’s odds in Canada. In some cases, the FansBet odds were some of the best on the market, as the site works closely with several leagues to provide the most accurate and up-to-date betting data. In any case, be sure to do an odds comparison before any pre-match bet.

 💻 What are the customer service options available at FansBet?

There are a number of customer support options at FansBet. These include a contact form, an email address and a 24/7 live chat. For the fastest and most helpful response, we always recommend using the live chat function. At this operator, support is available in English, German, Norwegian and Finnish.