Mybet Reviewed: Upsides, Downsides and Unique Features
- MarketsHandball, Golf, Darts, Volleyball
- Not verified
Well-known for their wide selection of sports, markets, and casino games, the company has been making a name for themselves since 1998 and continue to grow year on year.
In the following mybet betting review we’re going to be giving you a complete overview of the service’s website. As well as tackling low-level features such as the way the site is designed, the registration process, and what kind of customer support is available, we’re also going to be diving into more deeper topics, such as what kind of licensing and regulation the company complies with and which security protocols they have in place, as well as information about their bonuses and promotional structure. Lastly, we’ll give our own conclusion as to what the site’s pluses and minuses are.
Which Licenses Are Held by mybet?
As a company owned by Rhinoceros Operations Ltd., mybet operate as a fully licensed gambling company under the regulation of the Malta Gaming Authority, which is responsible for the governance of all forms of gaming based in Malta. In addition to this initial regulation, they also work with various third-party regulation services, such as Comodo Secure and PCI DSS, which vouchsafes their security and fairness measures, respectively. Finally, mybet work in conjunction with GamCare to promote healthy gaming habits and to help fight against gambling addiction and compulsive behaviour.
In Bet Credits
100% Up to £100
|Open Account Offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.|
Money Back as a Bonus
up to £40
* T&C’s apply, 18+. More:
|New customers only. 18+, BeGambleAware.org. Min deposit £10. Money back as bonus. Wagering requirements: Sportsbook 3x at min. odds of 1.40 (2/5), Casino 25x. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus will expire after 7 days of opt-in.|
Bet £10 Get £40
* T&C’s apply, 18+. More:
* T&C’s apply, 18+.
What Is mybet’s Registration Procedure Like?
Instead of making use of the typical, cookie-cutter registration form, mybet have created their own procedure, which consists of three main steps and which is unique to their site. The first step is to enter the email address with which you’d like to register.
After this, the user is prompted to enter the password they’d like to use for their account, followed by their mobile phone number. These two pieces of information comprise the ‘Set Logins’ step, which is the second in the list.
The next stage in the process is to confirm the user’s full name, the country they live in, the city they live in, their full street address, and the date of their birth. Following the completion of these fields, a verification code is texted to the number that was inputted.
Once the code in the text message is entered into the website’s prompt, the user is all ready to go. As a whole, the sign-up process is easy to perform. The design of the form makes sense, focusing on the important bits of information without getting too bogged down on specifics, and the functionality is well-designed, making it a breeze to use.
Which Methods Are Supported by mybet for Deposits and Withdrawals?
mybet offer a wide range of payment methods for deposits, such as cards like Visa / Visa Debit, Mastercard / Maestro, and paysafecard, e-wallets like Skrill and NETELLER, and bank transfers. paysafecard charges a deposit fee of 2%, while the others don’t, and the minimum deposit is €5.
Making a deposit is easy. All the user has to do is go to the banking section of their account, find the Cashier section, and select deposit. Next, they must choose the payment method of their choice, and enter the amount of money they’d like to deposit, as well as their chosen currency (even though it will be converted into Euros for processing by the site. The final step is to enter any additional information—this will vary based on the finance provider.
Withdrawals can be made by bank transfer, credit cards (except paysafecard), and e-wallets (except PayPal). Euro withdrawals are free, but non-euro currency withdrawals made with a bank transfer cost €9.50 + €3 from the bank up to €250, and €14.50 + €3 from the bank for amounts over €250. Bank transfers can take a few days, while e-wallet withdrawals happen within 24 hours. The minimum withdrawal amount is €30.
How Well Does mybet’s Website Function?
mybet is organised differently from most of its competition. The main page has two large sections to select, one for the live sports betting area and one for the casino section of the website: this is what really sets them apart from the rest, and it works in their favour.
On the top left of the screen, a drop-down menu can be selected, which contains more detailed information that changes depending on whether the user is currently in the sports or the casino section of the site. On the whole, the website is organised very well—it’s easy to find the most important features, such as account details, help, and where the various betting services are located. Looking up markets or placing a bet is straightforward, on account of the intuitive, user-friendly layout.
What Kinds of Bonuses Are on Offer from mybet?
mybet’s welcome offer is a 100% matched deposit, up to a maximum value of €100. It’s worth noting that the welcome offer money can only be used in sports and isn’t available for use in the casino. The wagering requirement for the money won using the offer to be withdrawn is 5x, and only bets at a 1.50 rate are going to be counted in the final calculation. Another interesting bit of information is the fact that bets can be placed on Friday without the 5% betting tax in operation.
The VIP Club available on mybet is available for players who are making use of both the casino section of the site and the sports betting section. Top members can enjoy serious benefits like faster payouts, specialised account support services, an upgraded VIP welcoming bonus, monthly cash bonuses, and increased deposit limits. In addition, VIP members are privy to exclusive weekly promotions not available to standard users of the site’s services.
What Markets Are Supported by the mybet Sportsbook Service?
A wide variety of markets are provided for each sport. For example, in football, players can bet on the final score / result, the number of goals scored, and which players will score. In addition, some football games offer different markets to bet on as well, which can include the amount of cards given, how many corners are taken during the game, and some player-specific special bets such as whether or not a given player will score & get booked, give an assist, or score & give an assist.
There are also a number of different ways to predict the outcome, including Home / Away Team to score first & win the match, or win after being a goal behind; or even the Last Goal — No Goal, No Bet option, which promises that if no goal is scored the bettor won’t lose any money. Similarly, specific markets exist for each other kind of sport as well, and those on offer vary from game to game as well as from sport to sport.
How Many Different Sports Can Users Bet on?
When it comes to mybet sports betting, the site offers a wide range of different sports for its users to make bets on. Among them are football, basketball, tennis, ice hockey, handball, volleyball, American football, athletics, Australian rules, badminton, baseball, boxing, chess, cricket, cycling, darts, esports, Gaelic sports, golf, motorsports, netball, Olympic Games, rugby league / union, snooker, surfing, swimming, winter sports / Olympic Games, water polo, and fighting sports such as UFC, MMA, and WWE.
According to The London Economic, a popular English newspaper, the five most popular sports to bet on in the UK in 2019 are greyhounds racing, football, golf, tennis, and boxing. mybet have accounted for every one of these, as well as offering some less common choices in order to appeal to a more niche betting market, ensuring that all kinds of gamers will be able to make use of their site.
How Easy Is It to Make a Bet on mybet?
Making a bet on mybet’s sports betting page is straightforward. The bet-slip itself is easy to understand, and constantly adjusts the payout amount it lists in accordance with the unique terms of the bet placed and the current conditions of the match in question. mybet offers a ton of different kinds of bets, some of which are specific to different sports. The live commentary helps punters figure out which kind of bet they should be placing, and the actual mechanism for doing so is just a matter of a few clicks: one to select the kind of mybet bet from the large list, and then another to submit it once the amount in question has been entered into the relevant field.
Cashing out can happen at any point during the process, even before the match has finished, minimising the chance for players to lose money by being locked into a bad bet, and withdrawals are processed quickly, usually being ready for collection within a day. The most popular types of bets are the various forms of moneyline bets and handicap bets offered by the site, though they provide an extensive range of outright bets as well.
Is Live Betting One of the Supported Features?
mybet offers a live betting service. By making use of it, users of the site can track the current score in a variety of currently on-going games and can make bets accordingly. There are no mybet free bets. The bet slip is located on the right-hand side of the live betting page and includes a readout of the user’s current possible payout. The sports supported in the live betting area of the site are football, basketball, tennis, volleyball, cricket, cycling, esports, Gaelic sports, golf, and motorsports. Users can also sort by country-specific leagues, which are listed below the main collection of live games at the bottom of the page. While there is no live streaming, there is live commentary, and there’s a detailed page for each game which includes information about odds and statistics, as well as a variety of ways to bet on the outcome.
How Well Does mybet’s Site Support Mobile Devices?
mybet doesn’t offer a dedicated mobile app, but that doesn’t mean users can’t play on their portable devices. The site is fully mobile-responsive, and it’s possible to make bets and access every area of the site simply by navigating to the website in the mobile device’s built-in browser. The page looks exactly like it does on desktop, making it even easier to use given that there’s no learning curve required—it responds well to changes in orientation (portrait / landscape), and the drop-down menu functions smoothly and without delay. Users can make use of their existing login details, so there’s no need to make a whole new account. There are no mobile bonuses available at present, even though there used to be at one time.
How Secure and Safe Is mybet?
mybet makes use of state-of-the-art security technologies, implementing the latest in SSL 128-bit encryption to protect any sensitive data during the time it’s being transmitted from one server to another. While information isn’t being transmitted, it’s stored behind industry-standard firewalls in one of the company’s dedicated data vaults, guaranteeing that any personal information shared with the site is safe from compromise or exposure. Their SSL protocols are certified by Thawte, and they also hold an ISO certificate, which confirms their compliance with IT security standards.
How Helpful Are mybet’s Customer Support Options?
Among the most impressive things about mybet is their dedication to customer support. Their telephone line, which isn’t free, is available between 10am and 10pm. They also offer an email service, which is extremely responsive and competent when compared to some of the company’s competitors. To round off the range of features available to their users seeking support, they offer a comprehensive FAQ section that covers questions ranging from the most straightforward gambling queries to more advanced technical issues.
A Brief Company History of mybet
mybet is one of the most popular gambling providers on the internet. Currently owned by Rhinoceros Operations Ltd., the company is based in Malta, where it is also licensed. Counting their yearly profit figures in the tens of millions, mybet launched in the UK in 2002 and has continued to grow in that country since its inception. They can boast more than a million registered users, which statistic confirms their status as one of the biggest names in the industry, and they’ve garnered an excellent reputation over the years with the committed gamblers who make up the majority of their customer base. mybet themselves are not listed on the stock exchange.
Mybet is one of the most popular sportsbook betting websites currently available on the web. In summary, mybet is a comprehensive sportsbook website that contains all of the main features users will be looking for, as well as a host of innovative design choices that make it easy and fun to use. The main benefit to the company is their level of experience in the industry—having been around for more than a decade, they understand what their customers want (clean-cut design scheme, easy bet-making and bet-slip functionality, and multiple deposit / withdrawal options), and work hard to deliver everything as simplistically as possible.
The biggest downside to the service is the lack of any live streaming for the sports betting options. Still, though, we recommend betting there, because the plethora of statistics on offer about the sports in question more than makes up for the lack of a live feed, and the rest of the site is too well-made to pass up.