This German-owned site mybet has been operating for more than 10 years and is regulated in the United Kingdom and Malta. Based in Malta, they offer a casino, poker rooms and over 14,000 online sports bets. They have a wide range of sports bets available, although for residents of many European countries you will only be able to access the casino section of the site due to licensing restrictions. As a result of this the site focuses on gaining clients from specific European countries such as Germany, Greece and Italy among others.
On August 10 2016, the new website went live, initially in English and German. It underwent a complete overhaul that made it more user friendly and easier to navigate. The number of sports betting markets was boosted and new offers were added to complement existing ones.
Key facts about mybet
mybet is an online casino and sport betting site offering a variety of traditional table games and slots games from major industry producers. One major factor to take into consideration is that the site cannot provide sports betting services for a number of European countries (including the UK) due to licensing restrictions.
- Live Casino
- Dedicated Poker rooms
- Over 120 casino games
- High value bonus offers
- VIP loyalty programme
- Sports Betting not available in all regions
How does mybet work?
This is an online sport betting site offering a reasonably wide range of bets on different sports. Sign up for sports betting or else to play in the poker rooms or the well-presented online casino section. You will be using a unified account that will meet all your gambling needs. As for the promotions, they are available to all players and can be found in the corresponding sections.
mybet offers more than ten thousand different sports bets every day, with ranges of different bets available on individual games. Featured sports on offer include football, hockey, basketball and tennis but they also take bets on eSports. This is a market not offered by many online betting sites, but one gaining a lot of traction. One can bet on all popular eSports and not only the top tournaments.
The casino site provides popular table games like blackjack, baccarat and craps, and the live dealer section of the site offers an enhanced playing experience in relation to those traditional games. Poker games and tournaments and the latest slots games make up the rest of the impressive package of online betting options.
Football is the principal sports market offered at mybet, with the focus on European leagues. A weekly jackpot of €1,000 is on offer for any players who can correctly pick an 11 game accumulator. Participants would have to choose from games played in the English, Spanish or German top divisions. The prize seems a little small relative to the odds of winning it though. Outside of European games you can also place bets on games from selected South American and African leagues.
mybet horse racing
While UK based firms place horse racing betting high up on the pecking order of their sports bet offerings The German mybet is not involved in this market at all. Given that they do not focus on UK and Irish business, horse racing is not offered. This is very much a minority sport in the central European countries targeted by the site. Until recently there was no point coming here with your horsey betting tips. They are now contemplating the possibility of adding more races, which is good news.
mybet live betting and live streaming
Live betting is a feature of all the best online sites and it is present here as well. The live sports offered by mybet include football, volleyball, tennis, ice hockey, basketball and beach volleyball. Of course there is also in-play betting on offer with an emphasis on football matches. The Live Casino area offers live streaming to real life dealers in the casino rooms, and you can pull up a seat at the baccarat, blackjack or roulette tables.
How are the limits and odds at mybet?
The mybet casino pays out more than 97% of money staked as profits, which is higher than the industry average. Maximum permitted winnings are €30,000 per day and no more than €50,000 per week. This means that the real high-rollers will not be interested in playing at mybet. Withdrawals must be a minimum of €30 in order for them to be processed.
Bingo is a hugely popular game in the UK and other parts of the world, but for a site with a central European focus bingo takes a little bit of a back seat. You can find a Mega Bingo Keno game in the casino section of the site, but that’s about all on offer here. In the wake of the relaunch, bingo fans got a juicy little nugget in the form of new games. The number of offers for bingo fans has also surged and more prizes are up for grabs.
The casino site is well appointed and features variations on traditional casino table games, along with a decent live casino area where you can play baccarat, blackjack and roulette. Nothing exceptional on offer here but the casino meets the standards expected from a decent sized player in the market. The main selling point is the variety of different types of games on offer, plus quality slots from respected games producers.
mybet offer their clients an in-depth poker school, which is a nice touch and a good way to encourage new players to get involved. You can download the free poker software or else log in direct from your browser. In any case, you will be able to play on single tables or in regular tournaments.
You will find a lot of NetEnt slots games on offer at the mybet site, and Net Entertainment can generally be relied upon to provide an excellent gaming experience. Note that a number of slots games are not available in certain countries, so you will need to check the casino help section to figure out whether you are affected. As an example, Novomatic games on the site are not available to residents of a large number of European countries.
How do you register at mybet?
Registration for mybet is quick and easy. Simply enter a username and password along with your email address and mobile phone number. You will receive an activation email immediately and asked to provide more details such as full name and date of birth. After that you are ready to start betting and gain access to all their promotions and bonuses. If you need assistance during the registration process, feel free to contact customer support.
Is mybet safe and reliable?
Having been in business since 2002, mybet is certainly a reliable option. Because they are regulated in the UK and Malta this company must abide by strict licensing agreements, and thus players need not have any concerns about security when using the site. The changes made to the website made it not only easier to navigate, but also safer. If this was a good place to gamble before August 10 2016, it just got better.
What payment options does mybet offer?
A number of payment methods are available for deposits with mybet, including: debit and credit cards; paypal (Germany only); bank transfers; skrill; paysafe; neteller; giropay and qiwi, among others. You must withdraw funds using the same method you used for your deposits, and you cannot withdraw money to a third party account. Players are not charged commission when depositing or withdrawing funds. The waiting time includes a 24 hours pending period that applies to all transactions.
How fast can I cash out at mybet?
All withdrawal requests are checked and processed within 24 hours, although it may take a bit longer for the cash to reach you, depending on the pay-out method used. Bank transfers are the slowest method, as they can take up to four working days before hitting your account.
mybet promo & bonus codes
You can avail of bonus offers here without needing a mybet bonus code. There is a bonus of up to €500 for new casino players based on your deposits, and monthly bonuses which will give you a percentage of your next deposit as a bonus. Meanwhile the separate poker bonus goes up to €600, and eligible players can also obtain sports betting bonuses too.
mybet mobile app
Locating the mobile section of this site is a little tricky, but once you do you will discover that mybet does cater for the mobile market. Simply scan the QR code to start betting on the move.
How does mybet compare to other bookmakers?
mybet compares favourably to other online bookmakers in terms of the odds on offer and their large selection of sports bets. It is just unfortunate that many people are unable to take those bets due to the licensing restrictions in place at the moment. The poker and casino sites are available across Europe (although not in the US) and are professionally presented if hardly outstanding. International players such as William Hill, Paddy Power and Ladbrokes are head and shoulders above them
What are others saying about mybet?
Generally customers seem to be happy with their experiences playing on mybet, with many commenting positively on the quality of the slots games available. Likewise the poker site garners a lot of positive reviews. Some expressed the opinion that the site is not too generous in terms of the promotions and bonuses on offer. This remains one of their biggest problems and one that needs to be fixed soon.
Pretty much all those who wrote articles in the wake of the relaunch were happy with the new format. The graphics are better and navigation is more intuitive on the new website. Players appreciate the bigger number of markets available on all sports. The emergence of eSports didn't go unnoticed, especially the superior options for live betting.
My experience and rating of mybet
The restrictions on which countries can take sports bets means that this site will not be suitable for everyone. However there is a large swathe of slots games which are of a high standard, and the casino section is pretty decent if unspectacular. mybet style themselves as one of the best online sportsbooks out there. Licensing restrictions mean that many players in Europe and the US will not be able to place sports bets.
Maximum levels of winnings are not overly generous meaning that the biggest players will probably choose to go elsewhere. Otherwise the offerings in the sportsbook combined with the casino and poker rooms make mybet a valid option for low to medium stakes players, and it is always reassuring to know that an online betting site has been operating for such a long period of time.
I give mybet a rating of 8 out of 10.