An interesting new name for cricket betting in India

New Customers Only | 18+ | T&Cs apply

Bonus Terms

  • Use promo code 1x_732619
  • 5x wagering requirement on bonus funds
  • Accumulator bets with odds of 1.40 or more will count
  • Minimum deposit is ₹75
  • Bonus is active for 30 days
  • Cryptocurrency deposits are excluded
1xBet Logo Review
Bonus: 100% Bonus up to ₹66,000
On this page

New Customers Only | 18+ | T&Cs apply

Bonus Terms

  • Use promo code 1x_732619
  • 5x wagering requirement on bonus funds
  • Accumulator bets with odds of 1.40 or more will count
  • Minimum deposit is ₹75
  • Bonus is active for 30 days
  • Cryptocurrency deposits are excluded
1xBet Logo Review
Bonus: 100% Bonus up to ₹66,000

Funbet Review

An interesting new name for cricket betting in India

Deposit at Funbet with:

Special features

Instant deposits in INR
High value welcome bonus
Wide choice of cricket odds
Great range of payment methods
24/7 customer support
Licenced in Malta
review by: Jim

Update: Funbet has terminated its operations in your market.

Keen to find out what Funbet is all about in India? Our team of gaming experts have analysed this new brand to explore what they offer Indian bettors.

Start with a welcome bonus worth up to ₹20000 and the early signs are positive, especially with instant deposits.

This FunBet review will uncover everything you need to know. Discover more about security, live betting plus how to maximise the free bet promotions.

Funbet Welcome Bonus – 100% Deposit Bonus up to ₹20,000

First of all, it’s great to see that Funbet have a welcome bonus available in rupees. Anyone opening a new account can get a 100% extra on their first deposit, up to ₹20,000.

This is one of the largest welcome offers available in India at the time of writing. It’s also one of the most flexible, which is particularly impressive.

Although a deposit of ₹20,000 is required to get the full bonus amount, it’s available for any new players depositing as little as ₹800. In this instance, a ₹800 bonus would be credited to your account as long as you follow the steps below.

While this betting site accepts deposits from a huge range of e-wallets, there aren’t accepted deposit methods for the welcome bonus. Because of this, you’ll need an alternative source of payment such as a debit card or bank transfer for the new customer offer. After that though, e-wallet transactions are available to you.

It’s also worth noting that the initial deposit and any bonus amount need to be wagered six times at odds of at least 2.0. Any single sports bets count towards this process and you have 30 days to complete it – that’s plenty of time given the number of sports on offer.

It’s also possible to wager more than once on a single event as long as the sportsbook bets are on different markets. For example, you could place ₹500 on India to beat Pakistan and ₹500 on Virat Kohli to score the most runs for his team.

Prefer multiple bets such as accumulators? They’re available to contribute towards the rollover process as long as each leg has odds of 1.3 (3/10) and the overall bet has minimum odds of at least 2.0 (Evens).

How to Claim the Funbet Welcome Offer

  1. Visit Funbet
  2. Click “Join Now” in the top right corner
  3. Enter your personal information, including name, date of birth and telephone number
  4. Choose a username, set your default currency to Indian rupees and create the account
  5. Head to the cashier section and make a qualifying deposit using promo code WFUNBETSBIN
  6. Get 50% extra, up to 20000 INR
  7. Wager the deposit and bonus amount 6x within 30 days on qualifying bets
  8. Congratulations, the welcome offer is now complete! Enjoy your winnings

18+. Full terms and conditions apply.

Casino Offer – 100% up to ₹16,000 and 50 Free Spins

As well as their sports betting bonus, there is a welcome offer for casino players too. New players can get a matched deposit of 100% up to ₹16,000 when opening an account. To claim this, you need to use promo code WFUNBET when depositing funds for the first time.

Although this is valid for up to ₹16,000, the minimum amount to qualify is only ₹800, so it should be accessible for lots of bettors who prefer slots or blackjack to cricket betting. As with the offer for sports betting, deposits via e-wallets such as Skrill or Neteller aren’t included so have an alternative method available if you want to claim this promotion.

The bonus amount must be wagered 40x and once this is completed, they will add 50 free spins to your account. These can be used on the popular slot Starburst, and the maximum win is ₹8000.

Overall, this is a pretty good casino offer for the Indian betting market. The promotion terms aren’t as restrictive as some others, and adding free spins on top of a generous matched deposit offer is a nice added extra. We’d recommend giving Funbet’s casino product a try if you feel this is better suited to your tastes.

Other Bonuses in India

While a generous welcome offer is a good start, we always like to see ongoing promotions in place to reward customer loyalty.

Funbet sportsbook certainly have this covered with multiple offers available worldwide, including India. Here’s a look at what you can expect when opening an account. On top of these, you’ll also find promotions around their live casino product if that is of interest to you.

Combi Boost – Get a Bonus on Accumulator Winnings

If you’re a bettor who likes multiples, such as accumulators, then this promotion is likely to catch your eye. Any winning selections with five or more legs are eligible for a bonus of up to 50% at Funbet India.

These bets are often played for small stakes because of the large potential returns, so an extra percentage can make a significant difference to the overall equation.

There’s no need to opt in, simply bet as normal and if your acca of five legs or more wins, with each leg being at least 1.3 (3/10) and at total odds of 4.0 or more, the additional winnings will be applied automatically.

For example, if you hit a 10 fold worth ₹10,000, you’d receive an extra ₹2,500 on top of your initial returns thanks to the Combi Boost offer. Here’s a full list of how the extra boost is calculated:

Accumulator Type Profit Boost %
5 folds 5%
6 folds 7%
7 folds 10%
8 folds 15%
9 folds 20%
10 folds 25%
11 folds 30%
12 folds 35%
13 folds 40%
14 folds 45%
15 folds 50%


YourBet – Combine Picks from the Same Game

This is one for the football fans, but we’re hopeful it could be extended to other sports including cricket in the future. You can build your own accumulator with selections from a single game. What’s more, opt in on the promotions page, place ₹800 INR bet with minimum odds of 3.0 or more and you’ll get a ₹400 free bet.

Cricket Betting at Funbet India

Betting on cricket is certainly an enjoyable experience with Funbet.

They cover a wide range of tournaments with a good variety of markets to choose from. These covered domestic T20 tournaments, international fixtures, and long-term outright winner betting for both the Cricket World Cup and T20 World Cup.

funbet app mobile screenshot IPL winner

We were impressed to see that they’re already listing the first few matches of the IPL 2020 season when we undertook this review. That wasn’t the case everywhere so they certainly prioritise what’s most important to cricket fans and Indian players. The ante-post choices were varied too, which is good to see and bodes well for the future.

It’s easy to find each market and the bet slip is clearly laid out on both desktop and mobile devices. If you want to bet in round numbers such as 100, 250, 500 you can use the plus counter to add to your stake. Then simply click “Place Bets” and wait for confirmation.

How Do the Cricket Odds Compare?

Although there were plenty of cricket odds to choose from, Funbet seem to be adding more margin than some of their competition when it comes to match betting. For example, the “house edge” based on the odds for the opening game of IPL 2020 between Mumbai Indians and Chennai Super Kings was 12.97, higher than several of the best betting sites.

Bookmaker Margin % for MI vs CSK (IPL 2020)
bet365 5.52%
Dafabet 6.44%
LeoVegas 7.84%
Funbet 12.97%


As a new name on the Indian sports betting scene, this isn’t necessarily a surprise, but it’s something to be aware of as a bettor. As always when betting online, looking at the different prices available with different operators can help your winnings selections return more profit.

This only seemed to be the case with IPL matches, Funbet had competitive odds for the IPL 2020 winner market compared to other cricket betting sites.

Boosted Odds on Selected Markets

A Funbet boost is an opportunity to back bigger odds on selected outcomes. These are chosen by the betting site, so you can’t get a boosted price on everything.

However, if there’s something you are already considering, then why not take the better price and increase your potential returns. There’s a dedicated boost section in the main sports menu where you can see what’s available to bet on today.

In our experience, these are mostly based around football, but when top competitions such as the IPL or Big Bash League come around, we’d expect enhanced odds to be available on cricket too.

Get Statistics on Domestic Cricket Matches Including IPL

Looking to check out cricket statistics alongside the latest odds? Funbet have detailed breakdowns of many major domestic cricket tournaments including the Indian Premier League which might be of use.

You can find these clicking the small box next to the odds on the cricket section. The details include overall form, average runs per game, and head-to-head statistics. These may help you decide where the value lies before placing a wager. They’re not currently available for international matches such as Test, ODI, or T20 series though.

Betting on Football, Tennis, Esports and More

Of course, our primary sport to check out when it comes to this Funbet review is cricket, but there are dozens of other sports on offer too. We’ve seen a very in-depth choice for football betting, which may interest some customers in India.

This isn’t a huge surprise given this bookmaker have their routes in Europe and also operate in South America too. A lot of the enhanced odds promotions are based around top events from the Premier League and other popular divisions.

Funbet India IPL cricket odds 2020

In total, there are more than 30 sports available to bet on in India. These include the usual choices such as tennis, golf and American football.

However, this betting site is definitely worth considering if your interests are in sectors such as Esports betting, where there’s a comprehensive list of events including CS:GO and Dota 2. We’re confident that you’ll find the event you’re looking for.

No Funbet App Yet

Although there is no dedicated FunBet App available in India, the mobile site works quickly and easily on Android and Apple devices.

It’s been optimised for any operating system including Android, iOS, Linux and Windows with no download required. You’ll find the same range of cricket betting odds that are available on the desktop site, plus there are exclusive mobile offers to consider.

Funbet mobile screenshot India

When accessing the sportsbook on your smartphone you’ll find a simple, easy to use design. Once you’ve picked which selection you want, it’s added to the bet slip in a single click. This makes it a straightforward mobile betting experience.

Given that the YourBet promotion is only available on mobile devices, there is certainly a benefit to placing wagers on a smartphone or tablet. We’d like to see an app in the future though, especially for advanced security features such as facial recognition or thumbprint log in functionality.

Live Betting on Cricket

There are plenty of live betting markets available for cricket matches and other major sports. As well as the basics like match winner, FunBet have dozens of options for games across the cricketing world. We’ve seen a great selection of markets including total innings runs, next batsman out and many more.

funbet app mobile screenshot betslip

Simply click “Live Betting” on the FunBet site and you’ll see all the in-play odds that are currently available. They are organised by sport, so select cricket and you’ll be presented with everything that’s on offer at that point in time.

Live odds are generally accessible from the first ball of a match all the way until the result is decided. As always, there’s a few seconds of delay applied to live bets.

This is so the betting site can check that nothing important has happened, such as a wicket or boundary being hit. Such a delay stops those at the ground from having an unfair advantage over those of us watching at home or elsewhere.

Cash Out Your Bets

It’s good to see that cash out is available on the Funbet platform. However, the range of events offered is controlled by SBTech, the organisation providing the technology. It’s not directly controlled by the bookmaker directly. This isn’t unusual, with many betting sites opting for a third-party solution which is added to their core offering.

Because of this though, cash out – and partial cash out – is only available on selected sports, events, and markets. It’s important to keep this in mind if cash out is part of your betting activity.

No Live Streaming Available

Although the live betting odds available are very solid, live streaming can help set an online betting site apart. At the moment this functionality isn’t available with Funbet, although as a new entrant to the Indian market, this isn’t a surprise.

It’s certainly not something that should be viewed as a major negative given the overall positive experience of betting on live cricket markets during our review process.

Payment Methods Available in India

One of the most important factors when considering an Indian betting site is the ability to get funds in and out of your account. FunBet certainly cover a wide range of the most popular options in India, including Skrill, Neteller, MuchBetter.

Major credit and debit cards are accepted and with e-wallets excluded from the welcome bonus, it’s worth using one of these initially, even if you opt for a different solution once that promotion has been claimed.

Payment Method Minimum Deposit/Withdrawal Processing Time Max Withdrawal
Visa/MasterCard ₹800/₹1600 Instant ₹400,000
Skrill ₹800/₹1600 Instant ₹400,000
Neteller ₹800/₹1600 Instant ₹400,000
EcoPayz ₹800/₹1600 Instant ₹400,000
Jeton ₹800/₹1600 Instant ₹400,000
MuchBetter ₹800/₹1600 Instant ₹400,000
Netbanking & UPI ₹800/₹1600 Instant ₹400,000
Mifintiy ₹800/₹1600 Instant ₹400,000

Instant Deposits with No Fees

One of the most impressive elements of the offering in India is that every deposit is processed instantly in rupees. What’s more, there are no fees to you as the bettor, regardless of which method you choose.

This means you know that whatever funds you add to your account, you don’t need to factor in any reductions to process the transaction for processing or currency conversion.

Withdrawals via e-wallets are also processed instantly with reasonable timeframes for other methods including Visa, Mastercard, and Bank Transfer.

Low Minimum Deposits in INR

The minimum deposit in rupees is set at just ₹800 for every one of the banking methods offered by Funbet. This includes Skrill and Neteller, which are two of the most popular e-wallet choices when betting online in India. This should make them accessible for most bettors, even those with modest bankrolls.

For those looking to add higher amounts, the maximum deposits should be suitable. This betting site can process transactions up to 400,000 INR at any one time, which is likely to be enough for those with bigger bankrolls.

How Long Do Withdrawals Take?

We contacted Funbet to ask how long it would take to withdraw funds in India. Withdrawals are processed manually and can take up to five days, but once this is completed the transaction is instant for every method apart from bank transfers. This can take an additional 2-3 days.

It’s not a surprise that each withdrawal is done manually and hopefully five days is an exception, rather than a rule. We’ve often found it’s much faster before your funds are on their way back to your chosen payment method.

Is Funbet India Safe?

Secure Socket Layer (SSL) technology is in place across the Funbet site. This ensures that the information passed between the customer and the betting site remains secure. Although this isn’t unique in the modern era of online betting, it’s good to see that the standard is being upheld.

Where are FunBet Licenced?

We’re pleased to report that FunBet are licenced by the Malta Gaming Authority (MGA) under their parent brand Genesis Global Limited. This is one of the strictest licencing authorities on the market and should be taken as a definite seal of approval.

There are very comprehensive criteria that licence holders must adhere to around fairness, safety and responsible gambling. These are regularly reviewed to ensure the high standards are being upheld.

They have previously held a licence with the United Kingdom Gambling Commission too and may return to this market in the future according to our research. Given these factors, we have no concerns over FunBet being a safe and secure betting site. Don’t be fooled by their 2020 launch in india, this is a brand that have built up a solid reputation over several years.

Responsible Gambling Tools in Place

As they’re licenced with the MGA, Funbet must provide a specific set of responsible gambling tools. These are in place across the site, regardless of where your account is set up. This is great to see as it offers players even more control over their betting activity. The tools on offer are as follows:

  • Full transaction history – full visibility of your account
  • Reality check reminder – get notifications on how long you’ve been logged in
  • Self-assessment test – set a budget for betting
  • Deposit limits – cap the amount you can add to your account
  • Cool off period – take a break from betting for a day, a week or longer if required
  • Self-Exclusion – block access to your account

No Loyalty or VIP Program Yet

At the moment, there is no publically available information on a loyalty or VIP program in place. This isn’t usual from a newer betting site that is just getting started in the country, though.

There are still some worthwhile ongoing promotions available to all customers which can reward regular bettors. It’s possible that players who are betting at bigger stakes will be contacted individually with regards to VIP rewards to suit their needs.

If there is any more information available about a new loyalty scheme or benefits specifically for VIP players, we’ll update our FunBet review accordingly.

How to Contact Customer Support

There are multiple ways to get in touch with FunBet India if you have a question. Firstly, we’d recommend checking out the live chat service which is available 24 hours a day, seven days a week.

We tested this service on several occasions, including during a busy sporting weekend, and found the response times to be extremely fast. On most occasions, we were connected to someone who could answer our query instantly. It’s good to know that if you do have a question, a quick response is just around the corner.

If you’d prefer an email or telephone conversation with FunBet, both of those are options available to customers in India. Alternatively, check out the Frequently Asked Questions area where some of the most common issues are covered in depth without the need to contact anyone.

Email and Telephone Support

Email address: [email protected]

Telephone number: +442031503775

How to Find FunBet Live Chat

It’s easy to speak to a customer service agent on the live chat service. Here’s how to get started

  • If you’re on desktop, just click the red “Open Live Chat” button on the bottom left of any screen.
  • On mobile devices, click the menu bar in the top left corner then select the live chat icon form the bottom left of the screen.

Once you’ve done either of these steps, simply put in a few details and an agent will be with you quickly. In our experience during the review process, it takes just a few seconds until you’re online with a helpful customer service representative.

Where Else is FunBet Available?

FunBet are a truly worldwide betting site, offering their services to customers around the globe. At the time of writing, customers from the following countries can hold a Fun Bet account online:

  • India
  • Finland
  • Norway
  • Canada
  • New Zealand
  • Brazil
  • Chile
  • Argentina
  • Peru
  • Iceland
  • Slovakia
  • Austria

This shows that this betting site can satisfy plenty of licensing and regulatory bodies within the online gaming world, an encouraging sign for potential customers in India and elsewhere.


Overall, Funbet are an exciting new betting site. Although only recently launched in India, the brand itself has been around for a while in Europe, South America, and elsewhere. They’re definitely a trusted option thanks to being licenced in Malta, one of the toughest authorities in the gambling world.

The website, including the mobile version, is well designed and easy to use with a welcome bonus that should appeal to recreational players or those new to online betting. With a good range of cricket markets including the IPL, Fun Bet are definitely a candidate for consideration.

Valuable welcome offer in rupees
Instant INR deposits with no fees
Low minimum deposits
Good choice of cricket betting markets
Many top payment methods listed
24/7 customer support
Hold a licence with the MGA
No VIP or loyalty program information available
E-wallets excluded from welcome bonus
Higher margin on some cricket betting markets
Withdrawals can be slower than some other betting sites

New title

Jim is a cricket fanatic with a decade of experience in the iGaming industry. He is a real sports nerd and since falling in love with betting while at University he has combined his passions. He strives to provide sports fans and gamblers alike with the most insightful, accurate analysis possible.