Rank
Rank 37/100
Mybet
Mybet

Mybet Review

Players:
No data about your country
Online Since:
2001
License:
Malta Gaming Authority (MGA) C 30759
Location:
Malta
Rating:
4.6
Owner:
Personal Exchange International Ltd.
Currencies:
EUR
Minimum Deposit:
10€
Withdrawal Speed:
1-3 days
Ratings Breakdown
Overall
92%
Banking
80%
Bonuses
80%
Customer Service
100%
User Interface
100%
Payment Methods
100%

Mybet is a classical sportsbook with casino games primarily famous in Germany and German-speaking countries. However, the German punters can not enter Mybet.com anymore and the platform is pretty much in demand globally as it accepts a pretty big number of jurisdictions and has gained a good reputation as an established sports betting brand. This review will tell you about My Bet’s services, features, and cons in detail to help you get an unbiased opinion of the bookmaker before you register and make your first deposit.

Overall Info

Mybet is a German bookmaker available for European punters and providing sports betting services and online casino games with a major focus on the activities popular within Germany. The website is available in German and English languages and accepts members from a great number of jurisdictions including the Netherlands, Austria, Luxembourg, Liechtenstein, Australia, Bahrain, Costa Rica, Ghana, Colombia, Finland, Hong Kong, Poland, Portugal, Turkey, and more.

Mybet claims to provide the punters with the top betting odds; we will discuss their odds and betting margin further in this Mybet review, but we noticed that the sportsbook cooperates with Kambi, one of the leading sports betting software providers, which means that Mybet can receive actual and lucrative pre-match and in-play odds for various games. Besides, Mybet has sponsorship deals with Fortuna Dusseldorf Football Club and various less popular German soccer clubs.

Mybet History

Mybet is one of the long-established sportsbooks: its history started in 1998 when Mybet Holding SE was opened in Germany. The company went online in 2002 and became an international bookmaker; its headquarters moved to Malta from Germany and later the owners added a casino section. In 2010, Mybet added live betting markets to its overall offer. In 2018, Mybet was acquired by the Rhinoceros Group, one of the most famous online casino providers in Germany; their most popular product is Wunderino casino. In 2019, Mybet has presented a newly updated platform.

Mybet review

Mybet official website

Bookmaker License

The Rhinoceros Operations Ltd, a part of the Rhinoceros Group is the legal entity operating Mybet casino and sports betting site. The company is registered in Malta and holds a Maltese gambling license from Malta Gaming Authority with the license number MGA/B2C/309/2015. We double-checked this information at the official website of the MGA and made sure that Mybet has an active valid license and can be easily found in the MGA Operators Register.

Rhinoceros also has a local license in Greece and operates as a legal Greek sports betting platform and casino operator. It used to hold a license in Germany, but at the moment Schleswig-Holstein residents are not allowed to gamble at Mybet since May 27.

Mybet Sportsbook Review

MyBet sportsbook design is extremely minimalistic: performed in a blue-and-white color scheme, it does not have any distinctive features but allows you to get quick and convenient access to all pre-match and live markets. The number of sports is pretty limited; as a German bookmaker aimed at European bettors, Mybet accepts bets on more than twenty sports.

Bet line:The top popular sports with the biggest selection of markers are Soccer, Basketball, Ice Hockey, Table Tennis, Olympic Games, and Baseball.

Besides, you can wager on a range of less promoted and crowd-pleasing disciplines like Trotting, Snooker, Cycling, and Darts; Virtual Sports and eSports are also in the action line. However, MyBet is not pretty much about exclusive and niche disciplines, and there is nothing you will not find at the other big sportsbooks.

The main focus is made on Soccer: MyBet is not innovative in these terms and provides the odds for events of more than fifty leagues worldwide, including African and Asian tournaments, but the most generous offer comes for Bundesliga, French League 1 and 2, MLS, and Super League. The number of available leagues for other sports is much more limited: for instance, you can only wager on American Basketball events within the NBA, NCAAB, and WNBA leagues.

Mybet line

Bet line

The maximum winning limit in the sportsbook is £250,000; this net payout amount is applicable for the selected soccer events, mainly related to Olympics, FIFA, and UEFA. The other sports have a payout varying from £100,000 to £50,000, or the equivalent in the other currencies.

Pre Match Line

The pre-match betting options impressed us by the variety of markets for German soccer tournaments involving more than a hundred betting options. For instance, Borussia Monchengladbach vs. Bayern Munchen match has 117 markets with Match Events and Asian Lines; the examples of the available bets are below:

  • Moneyline, Handicap, Total Goals;
  • Both Teams to Score;
  • Double Chance;
  • Correct Score;
  • Draw No Bet;
  • Total Goals by Team;
  • A Team to Win and Both Teams to Score;
  • Draw and Both Teams to Score;
  • Goal In Both Halves;
  • Exact Winning Margin;
  • Three-Way Handicap;
  • Asian Handicap, Asian Total;
  • Asian Handicap First Half, Asian Total First Half;
  • Team 1/Team 2 to Win To Nil;
  • A Team to Win both halves;
  • A Team to Win at least on Half;
  • Total Goals by a Team, and more match events bets.

You can also find from fifty to sixty markets on Tennis matches, and the coverage for other sports can be extremely limited by two-ten betting options.

odds mybet

Betting Markets

Speaking about eSports wagering, MyBet is not superior in terms of covered games: the offer is limited by five cybersports  disciplines:

  • Counter-Strike: GO;
  • Dota 2;
  • League of Legends;
  • StarCraft 2;
  • FIFA.

Compared to the other bookmakers, such an offer is ridiculously small and does not include even a half of the top popular eSports tournaments. Moreover, you will only have a couple of betting options for every event, and each sport involves only the most popular leagues or tournaments. For instance, there are only BTS Pro Series and The International odds available for Dota 2; the coverage is better for LOL, but the overall eSports offer is not superior.

Live Betting

Mybet always has in-play betting options and the coverage is sometimes better than many other bookmakers can offer. Soccer, Tennis, Table Tennis and other sports tournaments may involve more than fifty markets, including the Instant Betting options. Soccer matches include Bet Builder for the in-play events, and some of them have Asian lines: Asian Totals and Handicaps. The live streaming option is not available and the current events happening on a field are shown with graphical tables. Overall,  there is a significant lack of live statistics and actual information, so punters may have to find side services to monitor the games. The match results are only available in the personal betting history.

mybet live

Live betting

Betting Odds

As Mybet does not feature their own team of oddsmakers and gets the odds from Kambi, their overall prices are not significantly different from the other European bookmakers working with Kambi. The odds can vary from pretty high to very mediocre, and the margins depend on the event’s level.

Margin:The average margin for Soccer varies from 6,5% to 7%; the Basketball offer is a bit better and the margin is not usually higher than 4,5%; Ice Hockey, and Tennis betting margin does not typically exceed 4,4%.

My Bet Live section has a larger margin, as do all bookmakers, so it can reach about 10,5%, depending on how popular an event is.

Mybet Casino Review

Mybet casino library consists of more than two thousand titles with slots prevailing over the rest of the games. Among the providers powering the casino are Netent, Quickspin, Play’N Go, Microgaming, Gamomat, Leander, Yggdrasil, Playson, Lega, Booming Games, and others.

The library comes in the instant play format and is available without downloading: you can access it via any PC browser or mobile device. You can always find new titles under a dedicated tab, but at the moment,  the overall offer lacks any live dealer games. However, the members had access to all sorts of casino gaming, including live table and card games, but at the moment this section is not available in the international version of the website; the Mybet.com users can only enter the Slots library. Although a live dealer games library can be found in the German version: Mybet.de, no titles are shown at the moment, either.

Slots

The Slots are divided into several categories; among them are the following:

  • New Titles: at the moment, there are more than a hundred games under the ‘New’ tab; among them are Megaways and classical slots, for instance, Five Lions Megaways, Big Buffalo Megaways, Pack Cash, Viking Towers, and more;
  • Popular Games: top selections offered by Mybet, including Fancy Fruits, Ramses Book, Rise of Olympus, Aztec Gold, Fire Joker, and more;
  • Feature Buy Slots: twenty-two titles, for instance, Mavi Millions, Rise of the Mountain King, Iron Bank, Bonus Bunnies, etc;
  • Classic Slots: Book of Aztec, Diamond Cats, Magic Forest, Lucky Coin, and others;
  • Highly Volatile Slots: a selection of twenty-four titles, for example, Gorilla Kingdom, The Book Beyond, Money Train, Ramses Book;
  • Rising Stars selection: Crystal Book, Wild Sun, Boombastic, Starburst, and more.

You can filter the online casino games by a provider or use the Search bar to find the games by title. Unfortunately, Mybet does separate table games into a separate section, so you will have to type the keywords to find them. However, the selection does not involve much variety in terms of casino games. The options are the following:

  • Blackjack: Atlantic City Multi-Hand and Single Hand, Lucky Ladies Blackjack, Lucky Lucky, Perfect Pairs, Suit Em Up, Twenty-One Plus Three;
  • Roulette: only two versions: Double Ball and Single Zero;
  • Video Poker Games: American Poker Gold, Four Card Poker;
  • Various Games: Snake, Monopoly, Dice, and others.

As you see, the collection of the other activities except slots is modest and hard to find in the whole list of titles, so if you enjoy various video poker games or want to have a big choice of roulette variants, you may want to look for a bigger casino elsewhere.

Mybet Casino

Casino games

Live Casino

Although live dealer games are not available at the moment at Mybet.com, you can opt for Virtual Sports instead. The offer includes the following options:

  • Instant Football;
  • Instant Horses;
  • Instant Greyhounds;
  • Virtual Football;
  • Instant Speedway;
  • Instant Velodrome;
  • Virtual Racing;
  • Instant Trotting;
  • Instant Racing;
  • Virtual Tennis.

The section is provided by OneXTwoGaming.

The live dealer casino options are not available at the moment, although the library has live Blackjack and Game Shows tab; unfortunately, they are empty at the moment so we can not rate Mybet live casino.

Customer Service

The customer service is available in English and German; you can opt for the two most typical contact methods:

  • Email (you can send an email from your mailbox or use the email form at the About Us Page); you may expect the reply to your email within two-four hours;
  • Live Chat: to enter the chat, you must find the Live Chat tab on the bottom of the page; the operators reply instantly.

We did not find any other contact information but the link to the Rhinoceros Group website; there is no phone number or social networks you can use to speak to the customer support advisors. However, email and chat support are quick and helpful enough to compensate for the lack of the other methods, including a FAQ section.

If you want to learn any information by yourself, you will have to search in the Terms and Conditions or Betting Rules section that comes in the form of a large text file without any convenient search or navigation. It all looks shapeless and old-fashioned but as long as you can contact a Live Chat agent within a couple of seconds, the absence of a neat FAQ will not cause major inconvenience.

Bonuses

Mybet offers a comparatively small selection of bonuses and promotions. It has a pretty generous welcome bonus package and regularly updates the Promotions section where they publish seasonal offers related to particular events, for instance, Soccer major tournaments, or Olympic Games, etc. The range of promotions is related to slot games, but there are none at the moment, except the welcome bonus. Residents of particular countries can find various promo codes to activate extra bonuses.

However, Mybet applies country and payment methods restrictions so only a limited number of customers are eligible to claim the welcome bonus and the other offers. Besides, the promotions include tournaments where you can win a part of a prize pool. Overall the number of bonuses and promotions lacks various cashback offers, free bets, and the other familiar bonus types you can find at various top betting sites.

Bonus typeBonus conditions
MyBet Welcome Bonus: SportsOpen the Mybet account and receive four bonuses for your first four deposits. The first deposit will bring you a 200% deposit match of up to €40; the second deposit is a subject of a 100% deposit match of up to €60. The third deposit brings a 50% bonus match of up to €70 and the fourth one — a 40% deposit bonus of up to €80.

match of up to €70 and the fourth one — 40% deposit bonus of up to €80.

MyBet Welcome Bonus: CasinoOpen an account and make your first deposit of up to €100. You will receive a 100% deposit match of up to €200 and ten free spins for the Book of Dead slot.
Acca BoostCreate Accumulator bets on any sports available in the Mybet offer; during the promotional period, you will receive up to a 15% boost to your payout if the accumulator wins. Qualifying accumulators must contain five legs.
Goalscorer BattleMybet offers you a match-up of two top goal scorers; you must predict who will score more goals within an event and receive a cash prize.
Favorite ComboMybet offers you a combination of markets; if you wager on them, your payout will be increased. The odds boost amount depends on the particular promotion.

Deposit and Withdrawal

Mybet has all popular deposit and withdrawal methods; the selection is not very big, but most likely you will find a convenient way to top up your account or request a payout.

The minimum withdrawal amount is €20; the maximum payout depends on a payment method. If your first withdrawal exceeds €2,300, Mybet representatives will contact you to check your identity; they may request you to through the same procedure if you withdraw more than €2,000 within 24 hours.

You can use the following deposit and withdrawal methods:

  • Visa/Mastercard Credit and Debit Cards;
  • PayPal: for sports betting only; you can not use funds sent via PayPal to bet on slots and casino games;
  • Trustly;
  • Sofort;
  • PaySafeCard: for deposits only;
  • Neteller: not qualifying to claim a welcome bonus;
  • Skrill: not qualifying to claim a welcome bonus;
  • Bank Transfer.

Special Betting Options

Mybet is not a kind of platform that features many various services; they are mainly focused on providing good competitive odds and betting options on the selected Soccer markets, but you can still find a range of standard extra offers. Among them are the following options:

  • BetBuilder: offered for particular in-play and pre-match events, Bet Builder allows you to add several picks to your bet slip combining them into a single bet coming with better odds;
  • Cash Out: an option of a full or partial stake refund before a game ends; available exclusively for the selected markets. You can not request a cash out if you used a free bet in your wager;
  • Boosts and Specials: Mybet regularly publishes markets that come with the enhanced odds; in most cases, this offer is available for Soccer games. For instance, at the moment of creating this review, there are the following Specials:
  • Benfica, Dinamo Zagreb & Slavia Praha: Enhanced Acca: All Teams to Win their Matches at odds 9.50; Goal scored between 00:01 – 09:59 in any Champions League Qualification match on a certain date at odds 2.00.

There are no specific bet types or any other betting services. We usually mention Live Statistics and Scores among the special options, but Mybet can not be proud of any convenient schedules, or score tables, and statistical data for pre-match and live bettors.

Mybet App

Attention!:At the moment, MyBet does not offer any native apps for a convenient on-the-go betting experience; we do not have information about MyBet’s plans for the app’s release, but we find their mobile version convenient enough to replace a downloadable app.

MyBet mobile betting version looks like a dedicated app and is compatible with various screen sizes. The main sections (Sports, Slots, Virtual Sports, Promotions, Live Chat) are available in a pop-up tab on the left; the other services are located at the bottom of the page.

You can make deposits and withdrawals, make live and pre-match wagers, play casino games and search for sports, leagues, table games, and slots with the mobile version. All pages download quickly so you will not face any issues with making bets quickly.

Our Verdict

Mybet can have interesting betting offers for German soccer leagues, but it is a pretty mediocre European sports wagering provider when it comes to the other events. The variety of disciplines is too modest for recreational bettors, and the betting limits are too low for professionals. The casino does not have live dealer games and mainly consists of slots; although there are many exclusive titles, a small choice of card games and any other activities besides slots is pretty disappointing.

What we liked about Mybet is its approach towards the customers and helpful customer support, the number of betting markets for the selected Soccer markets, and the odds for a range of games. However, we did not find anything that significantly separates Mybet from the similar online sportsbooks and casinos, but regard it as an established and reliable provider that we can recommend as a safe and stable place.

Is Mybet legal in the USA?

Mybet is not legal in the USA and does not accept American players. If you manage to register at Mybet, you will most likely have issues with the withdrawals and account verification, so if you want to bet on sports and play Mybet casino games in the USA, we recommend you to opt for the websites officially approved by the New Jersey Gambling Commission.

Which license does Mybet have?

Mybet has a top-tier license from Malta Gaming Authority. The license is valid and means Mybet is regulated by the MGA in terms of fair gaming policies, high customer approach standards, and anti-laundering and anti-fraud measures. Besides, Mybet is registered in Greece. Although Mybet is a German bookmaker and cooperates with German teams, it can not operate in Germany at the moment as the local license is void since May 27.

Who can access Mybet casino?

MyBet accepts users from Europe, Africa, and Asia; among the approved countries are Netherlands, Austria, Luxembourg, Liechtenstein, Australia, Bahrain, Costa Rica, Ghana, Colombia, Finland, Hong Kong, Poland, Portugal, Turkey. You can not play Mybet casino games or wager on sports if you reside in the United States, United Kingdom, Belgium, Turkey, Spain, Romania, Qatar.

Does Mybet offer a registration bonus

Mybet offers two welcome bonuses for new customers who registered an account and made their first deposit. You can either opt for sports betting bonus or a casino bonus. The first one implies providing you with 200%, 100%, 50%, and 40% deposit matches for your first four deposits respectively; the maximum total bonus amount is €250. Another bonus gives you a 100% deposit match on your first deposit; the maximum bonus is €200. In addition, a casino bonus involves ten free spins for the Book of Dead slot.

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