While founded in the late ā90s, the Germany-based bookie MyBet has undergone many management changes over the years. Itās latest is the Rhinoceros Group, which helped re-launch the site in early 2019.
Editor’s rating
Even with the diverse sportsbook available, with the 5% fee on all winning tickets, we recommend finding another site to place your bets on.
Our Review
Pros & Cons
Good amount of betting markets that know no borders throughout the world
A five-percent fee on ALL winning tickets
Basic Information
MyBet Key Facts
HQ
Malta islands
LAUNCHED
1998
HOW MANY PLAYERS
Not disclosed publicly
WHERE IS IT AVAILABLE
Germany and throughout Europe
SPORTSBOOK
Baseball, Basketball, Boxing, Cricket, Cycling, eSports, Football, Golf, Horse Racing, Hockey, MMA, Motorsports, Soccer, Tennis
CASINO
Blackjack, Poker, Roulette, Slots
VIP PROGRAM
No
Account creation
Signing up on MyBet appeared to be going fine. We entered our usual account info like name, address, phone number, email, etc. But then MyBet was supposed to text us a verification code to our phone number ā only it never came. We double-checked our phone number to make sure it was correct, it indeed was, but still nothing.
MyBet botching a minute detail such as a text verification code was a sign of bad things to come throughout the site. Moreover, since we couldnāt finish the registration process, we didnāt have full access to MyBet, either. Consequently, some details of this review had to be filled out via Google searches and not our own experience.
Welcome Bonuses
Most online sportsbooksā sign-up bonus consists of a single match on a playerās first deposit. MyBet does this as well, but it actually goes one step further and matches the following three deposits, too. The first deposit is matched at 200 percent, followed by 100 percent, 50 percent, and 40 percent in that order. When maxed out, the deal can reach as much as ā¬250 in free play.
Deposits
Without an actual account, MyBet locked us out of the banking section. But we were able to gleam what deposit methods are supported by looking at its website footer. MyBet features the logo icons for Mastercard, Paysafecard, SOFORT banking (popular in Germany), and Trustly. Though, we couldnāt confirm any other details such as deposit limits or if fees are charged at all.
Withdraw Winnings
As we alluded before while speaking about deposits, we arenāt 100-percent sure what banking options MyBet offers. We can only guess by what payment icons are displayed on its site ā Mastercard, Paysafecard, SOFORT banking, and Trustly. Being this discreet is doing more harm than good to MyBet.
Placing a Bet
Despite a huge betting selection that covers a range of sports and leagues, itās actually quite easy to find what youāre looking for at MyBet. Thatās because the sportsbook can be sorted by sport and league. Once thereās a line you like, just tap on the listed odd. This will automatically add it to your betting slip. Enter how much you want to wager then finalize the bet by tapping the blue āplace betā button.
But wait, thereās fine print on the betting ticket. It says āplease note that we have to keep a 5% fee on winning bets.ā We wish we were kidding, but this is a real thing and applies to all wagers. Honestly, a surcharge like this is a deal-breaker. In the long run, a five-percent tax will eat up your earnings big time.
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Politics Betting
While many online sportsbooks keep its politics menu centered on US affairs, MyBet does not. Betting lines for elections in the UK, Australia, and Norway were also readily available on the site. However, the offerings across most of these countries were pretty slim. Besides picking an outright winner for upcoming elections, there werenāt many additional bets to speak of.
eSports
Counter-Strike, DOTA, League of Legends, Overwatch, Starcraft ā those are the video game titles that can be wagered on at MyBet. While sure, those are the most-followed eSport games today, we wouldāve loved to see sports franchises like FIFA or NBA 2K also be part of the selection.
Virtual Sports Betting
It appears that MyBet does in-fact offer virtual sports gambling. At least, itās an option on the top menu. However, upon clicking into the link, our web page never loaded. Ever. We tried again on other devices and Internet connections to no avail. Another red flag among many with MyBet.
NBA
MyBet doesnāt miss with its basketball betting selection. Between the NBA and college basketball, hoop heads will have most of their betting needs met by the site. The wagering catalogue runs deep for both leagues.
US Open
You can find betting action on tennis practically year-round at MyBet. There always seems to be a tourney somewhere in the world. However, come Grand Slam events ā such as Wimbledon or the US Open ā MyBet really ramps up its tennis selection. Big time. Youāll find a bevy of lines for all events, whether that be the men, womens, singles, or doubles competitions.
NFL
To be frank, we didnāt expect much out of a foreign bookmaker like MyBet in this department. Maybe some weekly NFL pregame lines and thatās it. However, we were surprised by its prop selection. MyBet offers wagers on just about every team ā e.g. win total, will they make playoffs, and for some, which quarterback will start week 1.
MLB
If thereās an opportune league to wager on, itās definitely the MLB. During the season, thereās a multitude of games to bet on every single day ā that includes run lines, run totals, props, and more. MyBet features the league heavily in its sportsbook during the Summer months. On top of MLB, MyBet also offers betting for foreign baseball leagues throughout Asia.
More Betting Options
Make no mistake about it, global soccer dominates the MyBet sportsbook. After all, would you expect anything less from a bookie based out of Germany, a soccer powerhouse in its own right? Of course not. Pick a pro league around the world and itās probably available for gambling at MyBet.
Casino
For casino play, you can either opt for the live or simulated casino. While thereās over 100 games to play, the vast majority of those are slot machines. It would be beneficial for MyBet to add more table games and balance the casino experience. As is, thereās only a few games of blackjack and roulette to play.
Casino Screenshot
Live Betting
MyBet could do a better job at making its live betting section more visible. As is, itās tucked away in the corner. When inside the sportsbook, in the top menu, thereās an easy-to-miss tab titled āliveā that houses all in-play wagers. More than anything else, youāll find a ton of soccer games with in-play capability.
Parlay Betting
Honestly, weāre still fuming over that five-percent surcharge on winning tickets that we mentioned earlier. This ridiculous rule also applies to parlays on MyBet and itās completely out of line. Why should bettors have to fork over five percent of money theyāve rightfully won? This rule alone is why you should think twice about wagering at MyBet.
Additional Betting Help
MyBet does indeed have a blog that features handy articles on betting know-how like mistakes to avoid or 10 tips for using its casino. However, itās written in German. While you could always use a translator tool, the German-to-English translation wonāt be 100-percent accurate. But we do appreciate MyBet at least attempting to educate newbie players, which is not always a top priority among sportsbooks.
Promotions
On an almost weekly basis, MyBet offers a new site-wide promo. More times than note, these are competition- or challenge-based deals. For instance, MyBet will regularly pick three soccer matchups and give users a free bet to use on any one of them. Whoever can pick the most longshot odds, and hit on it, wins a grand prize. We saw one of these promos reach as high as ā¬5000 in prize money for the top winner.
Customer Service
English-speaking bettors, fear not, MyBet provides support in your native language. Thereās two ways to reach MyBet, either email (hallo@mybet.com) or the live chat. We opted for the latter and had no problems communicating with its customer service reps, minus a few misspellings here and there.
Emails
Since we werenāt able to register for an account on MyBet, we consequently were also not able to join its mailing list. Therefore, we canāt speak to the siteās emailing habits, whether good or bad.
Live Streaming
Those looking to live stream games they have action on through MyBet will be disappointed to find out the feature isnāt offered. Perhaps you should push pause on cutting the cord because this capability is largely missing across the online betting industry.
VPN
MyBet does not take members from a host of countries. That list includes the United States and the United Kingdom, but thereās plenty more. However, for users from those countries, you could always use a virtual private network (VPN) to bypass any restrictions. A VPN hides your IP address in favor of another, thus ātrickingā a website into thinking your location is coming from elsewhere (in this case, ideally, youāll pick a spot where MyBet is not restricted).
Picking a VPN can be a daunting task given how many services can be found online. Though, in a sea of options, HMA stands tall. This popular service hosts 300 servers around the world that users can connect to and mark their IP address to be coming from. That variety is great for a site like MyBet that isnāt widely available everywhere. Using HMA, we connected to MyBet and were able to bypass all its restrictions, with not so much as lag to speak of.
Conclusion
We mentioned it before, but it bears repeating: a five-percent fee on winning tickets is what ultimately dooms MyBet. Thatās a hefty price tag to pay ā and one that can be avoided by choosing another betting site. Our recommendation is to skip out on MyBet until that surcharge is completely gone.
About the Author
Trent's your man when it comes to all things sports. He covers a wide range of sports for Sports Betting Sites, and has been published in some pretty reputable outlets, such as USA Today Sports, Vice, Bloody Elbow, Fight! Magazine, UFC 360, and Narratively. Trent's got the inside track on all the happenings in the world of sports.
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