Review of Mybet Casino
Over the years I have become familiar with the Mybet name, as we have run news stories regarding the brand's various sponsorships and prizes that have been won at the site. With that being said, I had not really ever stopped by the site to give it a proper lookover, even though Mybet has been in operation since 2005. Recently I decided to dedicate some time to the site and ended up registering an account and depositing at their casino.
Warning: announced potential insolvency in August 2018
MyBet announced the decision to file for insolvency on August 14, 2018 after talks with a potential investor failed. The company is believed to owe €4 million in sportsbetting taxes to German authorities and, it would appear, it is unable to pay them. The terms at the site disclose that MyBet's handling of players funds only meets what the UK Gambling Commission classifies as "basic" protection, which as we have noted many times before, means that the funds are not segregated or protected from creditors in the event of insolvency.
Software and game selection
Mybet Casino is powered through a web based platform, which allows punters to participate directly through their web browsers and without downloading any software. The games are supplied by various developers, with the main attraction for slots players being the extensive collection of Novomatic and Aristocrat games. These are accompanied in the casino section by games from the likes of Leander, Amaya, and NextGen. There is also a "Games" tab on the site that is dedicated to a big collection of the popular Net Entertainment catalogue. You can switch between the casino games, sportsbetting and live casino in your browser, giving you a convenient and easy way to enjoy a whole betting experience. If I have one complaint about the organisation of the site, it is the lack of a quick search function to find a game amongst the many that are spread over various tabs. The best you can do is switch to the "All" tab then use your browser's text search function to find the game that you are looking for. This makes the site feel a little dated compared to some of the slick, newer casino sites that I have recently played at.
There are close to 200 casino games on offer at Mybet Casino, including dozens of slots, many of which include jackpots worth thousands of Euros. Some of the best Novomatic titles can be played there, including Book of Ra Deluxe, Lord of the Ocean, Katana, and Lucky Lady's Charm, although it should be noted that there is a long list of countries that are blocked from playing both the Novomatic and Aristocrat games, even if they are allowed to sign up and play the other games in the casino. There are a number of progressive jackpots on offer in both the Casino and Games tabs, totalling over half a million Euros in prizes at the time of this review. It was disappointing to find that there are only local Net Entertainment jackpots though, and none of the big multi-million Euro pooled jackpots like Hall of Gods or Mega Fortune.
Table games aren't quite as numerous as the slots, but there is still a healthy selection of titles for you to play, including Blackjack, Baccarat, Pai Gow, Hold'em, and other casino staples. Rounding things out are a limited selection of video poker and parlour games. If you are the type of player that enjoys live dealer games, Mybet offers this via a webcast service, giving you the chance to test your luck at live Roulette, Baccarat, and Blackjack.
Banking and Customer Support
Banking at Mybet is very well done, with the casino offering a large choice of methods to deposit and withdraw funds from the casino, and my experience has shown that processing times are very fast. Deposits are instant in just about all cases, while my withdrawal test to a Neteller account was handled within 12 hours. Needless to say I was impressed with this speed. I also noted that they process withdrawals on weekends as well as the regular business week schedule.
Customer support is adequate, with staff available through phone, live text chat and email. It is not available round the clock though, and the casino's focus is evident in the support hours of 10am to 10pm Central European time. I found the staff able to answer the few simple questions I threw their way about making sure I did not claim a bonus with my first deposit.
Security, fairness, and responsible gaming
Mybet Casino dedicates an entire page on their site to explaining to players how they secure their site. Mybet employs standard SSL encryption for all connections with their website, protecting information going to and coming from the casino. The site is licensed in both the United Kingdom and Malta, and utilises the independent arbitration organisation Independent Betting Adjudication Service (IBAS) to help settle any disputes that players may have with the casino. I was unable to find any published RTP figures or auditing information on the casino's site.
In accordance with UKGC regulations, MyBet discloses that its protection for player funds meets standards categorised by the UKGC as "basic". As we have noted before, this means that there is effectively no segregation or protection of your money from creditors should the casino go bankrupt.
On the responsible gaming side of things, Mybet is GamCare certified, and the casino has various controls to ensure that players are of age and can self-exclude or limit wagering through the site. These can be accessed through your account settings when you are logged in to the website.
Conclusion
I have spent a lot of time at Mybet Casino, checking out the games, bonuses, and banking options and have walked away pretty impressed. Although the casino could do some things better, such as offering the bigger Net Entertainment jackpots, I am generally impressed with what I have seen from Mybet and have no issues with recommending this casino to you.
Comments
MyBet has announced that it will be filing for insolvency this week. It owes millions in tax to German authorities and it looks like it is unable to pay them. As noted in the sidebar above, MyBet's handling of players funds only meets what the UK Gambling Commission classifies as "basic" protection, which essentially means that there is no protection at all from creditors in the event of insolvency. If you do have funds in a MyBet account I urge you to try to withdraw them as soon as possible before the site ceases trading. You are unlikely to receive your money if you leave it in there for the insolvency proceedings.
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Bad news for poker fans, the Poker section of MyBet will no longer be available from 30th June 2016.
Mybet is great casino room. This casino has a good selection games. It's powered by Novomatic, Netent, IGT, Amaya, Quickspin and other softwares. Is's also a good place for betting, and live betting. Minimum deposit here is only 5$. Cashouts are really fast. I'm using Mybet couple of years and I never had problems with them. I can recommend this casino as a realiabe rooom. Five stars to Mybet.
CL-Ed
Well, i tried mybet casino this year only once. At first i played poker at this website, and also made couple of sport bets, but also tried their casino(games section with netent games).
Well, first bad thing - there was no any bonus at games section. i mean i am just transfered my funds there - and do not received any deposit bonus. Only one promotion was available - some random monthly draw of freespins, not need to say that i do not win anything.
Never withdrawn from this casino, never tried their CS team. Games worked good, but lack of bonuses and promotions(read no bonuses and no promotions) is sad. A bit of good thing - they give 5FS on new netent games each time.
CL-Ed
i play there for long time now;) mybet is really good! i know when you wanna take your first withdrawal it takes long before they verify your documents:( took 3days for me too;) but after that i won lots of times there, and i always got it within 1hr on my skrill😉 usually it took 20minutes always hehe, they had a minimum of 30euro cashout first, but now you there's no limit on withdrawals:) and no fee's on withdrawals;) and if i go on livechat, asking if they can speed up my withdrawal it's mostly processed within 5minutes hehe, i always played there because of novomatic games, but they are blocked now to players from the netherlands, but Mybet is really good i'm still playing there;) other games hehe.! but they don't have very good promotions only 5 spins always for new netent games which is once a month!
Support Is good, but answers they give are mostly t automatic text's mostly, feels like you talk to a robot;)
Further more Mybet is safe, and an very great casino!
CL-Ed
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