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Fonbet
Fonbet is licensed in Greece, where PLUMO LTD holds Hellenic Gaming Commission licences to May 2028, and in Cyprus. It covers about 30 sports, charges no payment fees and pays e-wallet withdrawals within 1 to 3 hours, with instant cash out and free live streaming.
About Fonbet
Fonbet runs licensed sportsbooks in Greece and Cyprus. Fonbet.gr is licensed by the Hellenic Gaming Commission and serves players located in Greece, while fonbet.com.cy is licensed by the Cyprus National Betting Authority.
Who Runs Fonbet?
PLUMO LTD, a company registered in Cyprus, holds the Greek licences for fonbet.gr and publishes the Fonbet app for Greece. Fortune Entertainment RG Limited holds the Cyprus licence for fonbet.com.cy.
Is Fonbet Licensed?
Yes. The Hellenic Gaming Commission (HGC) register shows PLUMO LTD with licence HGC-000003-LH for betting (Type 1) and HGC-000004-LH for other online games (Type 2) on fonbet.gr, both valid to 21 May 2028.
Cyprus: Fonbet also runs fonbet.com.cy, through a separate company. The Cyprus National Betting Authority lists Fortune Entertainment RG Limited, of Strovolos in Nicosia, with Class B online betting licence B012 under the Fonbet trade name, valid from 20 October 2025 to 19 October 2027.
What Can You Bet on at Fonbet?
Fonbet covers about 30 sports before and during play: football, basketball, volleyball, tennis, handball, water polo, table tennis, ice hockey, futsal, motorsport, esports, American football, baseball, bandy, floorball, rugby, cricket, badminton, snooker, padel, darts, MMA, boxing, Gaelic football, biathlon, alpine skiing, ski jumping, sumo and chess. There is no horse racing. Its main features:
- Instant cash out on open bets.
- Free live streaming of selected events.
- Match Centre with live data on games in progress.
- Special bets alongside the main markets.
- Fast settlement during races.
How Do Deposits and Withdrawals Work?
Fonbet charges no fees on deposits or withdrawals. Deposits are instant:
- Bank cards and Apple Pay: €5 to €10,000.
- Skrill, Neteller, Viva Wallet and PayPal: €5 to €5,000.
- Bank payments: IRIS from €10 and DIAS from €5, both up to €5,000.
- Cash: Viva Spot from €5 to €2,500, and paysafecard from €10 to €5,000.
Withdrawals go only to a card or method in your own name that you deposited with, once your account is verified:
- Skrill, Neteller, Viva Wallet, PayPal and paysafecard: €15 to €5,000, paid within 1 to 3 hours.
- Bank transfer (DIAS): €30 to €5,000, within 24 hours.
- Bank cards: €10 to €10,000, in 2 to 5 working days.
Apple Pay, Viva Spot and IRIS are for deposits only.
Is There a Fonbet App?
Yes. The Fonbet app has been on the Greek App Store since September 2021 and is available only to users located in Greece. Its average rating is low, at about 2 out of 5 from more than 270 ratings.
Who Can Bet in Greece?
The legal age for online betting in Greece is 21, and HGC licensees must verify every player's age and identity. Only players located in Greece can bet on a Greek-licensed site. Free, confidential support is available from the KETHEA helpline on 210 9237777.
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Pros & Cons
What We Like
- +HGC betting and casino licences to 2028
- +No fees and e-wallet payouts within 1 to 3 hours
- +About 30 sports, from football to chess
Worth Knowing
- −Separate sites for Greece and Cyprus
- −Low App Store rating