One of the largest bookmakers out there, mybet covers a wide range of sports like soccer, ice hockey, basketball, tennis, and American football. mybet is a German company and its subsidiary PEI Ltd. has been in the market since 2002. Headquartered in Malta, PEI Ltd. has a European license in casino, sports betting and poker.
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With some of the best odds on every league, you can place your bets on live sporting events as well. They have such a huge variety of games and betting types that they are able to offer more than 14,000 online sports bets. No other bookmaker has been able to match up to them. All the bets that they offer are user-friendly and with the proper stake can very easily give high profits.
They offer only one odds format which is the European one. Their overall profit margin is 7.1%. Basically, a profit margin of any bookmaker gives an idea as to what their payouts will be like. Usually, high profit margins translate into low payouts while low profit margins mean higher payouts will be released.
The profit margin of each sport is set differently. The profit margin for soccer at mybet is 4.8%, baseball is 4.9%, basketball and tennis is 7.6% and ice hockey is 10.4%. If you wish to place bets on soccer through mybet, then your payouts will be higher for soccer games as opposed to placing bets on an ice hockey game. The minimum bet that you can place through mybet is €0.5, while the maximum bet varies based on the sporting event and its popularity. In terms of maximum winnings, a bettor can expect up to €20,000 per day and €50,000 per week.
Mybet offers a chance to bet on other markets as well. You can bet on politics and awards. The only currency that they support is Euros. However, they offer varied modes of payment, so depositing and withdrawing at mybet is fairly simple.
At mybet sports bet, as a new customer, you’ll be eligible for a welcome bonus of up to €50. To qualify for the welcome bonus, you’ll need to make a deposit of a minimum €5. They offer a 25% bonus amount of your first deposit. However, before you can withdraw your winnings, you’ll need to turn over the deposit amount once and the bonus amount a minimum of five times within 60 days. You’re allowed to place your stake on more than one sports bets. Also, you’ll need to ensure that it has a minimum odd of 2.00.
If you’re having trouble signing up or need assistance to figure out the website, you can always get in touch with their customer support team. You can contact them via telephone, email, fax, or even live chat. If you’d like, you can also explore their poker, casino, games and live casino sections that are quite entertaining as well. With some of the top games featured in there, you’re bound to have a great time at mybet. All of the other sections have interesting bonuses that you can take advantage of as well.