The bookmaker company Favbet offers players to participate in the loyalty program. For each bet played, the client receives additional status points, which can be exchanged for prizes or tickets to the draws of exclusive gifts from Favbet. Every month you can increase your status and get up to 10% compensation for losses.
How to join the loyalty program?
- Be a registered user of Favbet website.
- Confirm your agreement to participate in the “Favbet CLUB” during registration or in your personal cabinet in the “Club” section.
- Place bets and earn points.
- Exchange bonuses for merchandise.
- Bets on sports events with the total odds higher than 1,05 take part in the loyalty program.
How does it work?
Depending on the status you achieve, you can get more bonuses as well as access to a wide range of merchandise in the Favbet Shop. The number of bonuses and your current status can be tracked in your personal cabinet under “Club”.
At the moment there are 4 membership statuses of the loyalty program, depending on the accumulated number of status-points:
The status Beginner is assigned automatically after 3 calendar months since the moment of registration in the loyalty program.
For status change a player must gain the necessary amount of status-points every month during 3 previous calendar months:
- Beginner – 0-3500;
- The Amateur – 3500-50000;
- Master – 50000-333000;
- VIP – more than 333000.
How is the compensation on the amount of loss calculated?
Compensation for losses covers the bets “Express” for 5 or more events with odds 5+ and “Express LIVE” bets for 3 or more events with odds 3+. Compensation is charged on the amount of loss (the difference between the bet amount and the winning amount) in bets on sports events (Live and Prematch). The compensation amount is credited in the first half of the current month for bets that were made in the previous month.
Please note that the amount of compensation for the previous month is added to the amount of winnings of the current month.
You must have Amateur, Master or VIP status to be able to purchase goods.
Pros and Cons
+ Loyalty program includes a large number of bonuses
+ Almost all bets take part in the loyalty program
– Bonus points can only be spent in the Favbet store
– Participation in the program becomes available only 3 months after registration.
Favbet loyalty program becomes available to all players three months after creating an account. It allows you to get back a part of the sum from the bets lost, to bet expresses on improved conditions, to win valuable prizes, and to automatically participate in all raffles of the company.