MyBookie review: Scam or legal? [BLACKLISTED]
Is MyBookie legal for US players? Not yet
Is MyBookie legit? Nope. Some of the founding members of infamous Bet on Sports opened MyBookie for business in 2014, basing the operator in Costa Rica and largely focusing on customers from the United States, United Kingdom, and Canada. However, the operator holds no license to offer gambling services which begs the questions can MyBookie be trusted, is MyBookie legal in NJ, as well as many others.
While we have seen a mixed bag of MyBookie reviews from users across the web, we cannot recommend testing your luck with this or any other offshore casinos operator. Let’s get into a detailed MyBookie ag review and find all the crucial facts - first up, we'll answer the question to "Is MyBookie legal?".
MyBookie: Pros & Cons
- Accepts bitcoin and fiat currencies
- Not licensed in the USA
- Dismal odds
- Slow payouts
While MyBookie Bitcoin deposit bonus is no more, there is a MyBookie free play bonus for both new and existing players depositing. This includes a first deposit bonus of 50% up to USD 1,000 with a 10x rollover requirement – as well as a USD 20 risk-free bet where any stake up to 20 is reimbursed in case of a hit-and-miss. Both of these deals were pale shadows of what you can get elsewhere.
Additionally, the bookie offers reload bonuses of 25% up to USD 500, which hold a 5x rollover requirement but still has players arguing these seem unlikely to hit especially if one redeposits in order to cash in on the first bonus.
MyBookie betting is done through a fairly standard platform, which offers a modern design However, the loading times are slow and each event and market is not obvious to select, thanks to a confusing menu system and navigation tools.
The banking methods are many but the bookie doesn’t allow payments with e-wallets, rather turning towards Bitcoin, debit cards and bank transfers, ACH, and Person to Person transfers. These are limited between USD 25 for a minimum deposit to USD 10,000 for maximum, both represented by Bitcoin as the popular choice. To be fair, you can get better elsewhere.
Withdrawal options include fees from USD 10 to USD 50, depending on how much players actually cash out. The methods at hand include wire transfers and ACH well as MyBookie MoneyGram – who charge a fee of up to USD 37 with a maximum withdrawal amount of USD 375. Some withdrawal methods have even higher costs attached and the only free option is using Bitcoin.
Such fees are outrageous and are pushing players towards using an unregulated currency, just another reason not to sign up with MyBookie.
MyBookie has standard support channels in e-mail, telephone lines, and on-site Live Chat, which all complete well-rounded customer care and go some way to solve the issues players might have. But the brand has taken a step further and the agents can now be found on social media too, including Facebook and Twitter. However, they are not available 24/7 and this could be more worrying for players enjoying gaming at different times of the day. One more reason to avoid MyBookie.
MyBookie ag bases their headquarters in Costa Rica and holds a license in Curacao, which has many players asking is MyBookie as an offshore online casino legal to play at. However, getting a straightforward answer to the age-old question is MyBookie.ag legit is not an easy task. Is MyBookie legal? The operator has been around the block for five years already but has no intention of pursuing a license in the United States, in truth making it impossible to recommend playing here to US bettors.
Indeed, no regulatory body to consult in case of any dispute with MyBookie means the operator serves as the judge and the jury on such occasions, which provides no guarantee of fair play or player safety.
Furthermore, the ties MyBookie has with Bet on Sports feels reassuring but also brings on fears, where the old operator’s staff was prosecuted and the site was blacklisted. This has to trigger one’s thoughts the same could happen again, especially with the recent changes with US legislation.
MyBookie ag gives promises on fund safety but this also implies no guarantees to such claims, for both of the reasons listed above – where it would surely be next to impossible to retrieve funds if the site was closed or a player has an ongoing dispute with the operator.
Furthermore, sportsbook software here is provided by Digital Gaming Solutions but there are undisclosed details on data encryption and security, which holds further dangers when players engage.
Additionally, there is a history of closing player accounts and while MyBookie lv justifies this with a rule against professional bettors, sharp side movers, syndicate or propositional players – which can also be translated into plain English as those who win too much. While this is not a very common occurrence, it still comes off as a major worry for players looking to actually make MyBookie payouts.
The changing US laws and the availability of fully legal operators on US soil also adds to such worries, as offshore companies now provide competition to operators paying costly licenses as well as a number of additional fees. This means near future could bring more serious repercussions for offshore providers, which would ultimately hurt bettors just as well.
MyBookie does not have a regular loyalty program, but has other offers for existing customers. These include a reload bonus on your next deposit and a referral bonus for introducing friends to the site. Other deals include a horse racing betting rebate and a special pick’em bonus on every Friday.
Sadly, whilst all of these deals look good on paper, they are not quite so hot when you delve into the terms and conditions applied to them.
MyBookie Sport Sports Betting
We’ve already stated that MyBookie is largely focused on US markets and this most apparent in the betting offer, where bettors can find a number of popular sports and leagues – including NBA, MLB, NFL, NHL, MLS. However, lacking international betting opportunities and even some major events cannot be justified by such focus.
A glance at the sporting leagues above reveals that you can place your bets on your favorite basketball, baseball, football, hockey, and soccer games. But you are not limited to American sports. You might find other markets, including tennis, rugby, cricket, golf, racing, and more. Just remember that a legit US sportsbook will have all of this and much more.
The odds at MyBookie try to have the competitive edge and while they're not the top of the industry at this point, it's obvious they are at least trying. When you put this together with a low MyBookie minimum bet, it all adds to the value. Still, there are offshore operators who will get you more money for the same bets won.
Live betting - Fair amount of live betting options
MyBookie has a solid if unspectacular live betting platform. This lets you bet live on baseball, basketball and soccer all the way down to less popular sports like volleyball and so on. The odds were pretty much restricted to moneyline bets here though and the limited live streaming was of poor quality. A pretty lame choice for those into live sports betting.
The brand’s terms and conditions state that you can win anywhere up to $100,000 in a single day at this site which is a healthy amount, but we have seen reports of players having their winnings capped well below that figure without notice.
Although MyBookie does at least bother to show the minimum and maximum bet limits for each individual sporting event, bear in mind that McBookie might not actually pay you what you win.
MyBookie is an pretty poor sports betting site. It has fairly dire odds for most sports that you’re going to want to bet on, although it is easy enough to use. Chances are that you’ll find more betting markets and better odds at some other sportsbooks.
However, due to the lack of US licensing and a few other dubious things about this site, we still have MyBookie blacklisted for now.
While we’ve seen many reviews rating MyBookie legit, it’s obvious betting with offshore operators by itself brings many dangers and we just cannot advise players to do so. MyBookie has a history of issues with winning players too, which adds to such a belief and brings an overwhelming feeling bookie is to be avoided.
Furthermore, there is now a number of state-licensed operators to choose from and this adds to the equation, as you’re better off investigating those options and making accounts with US-based bookies. The rather new addition to the portfolio of offshore providers, MyBookie appears to have lucrative offers on the table but this just does not feel enough for us to risk parts of the bankroll just to enjoy such traits.
State-regulated casinos and bookies provide more stability and security – now imposing as prime choices for players in the United States. The lucrative bonuses and odds could be fading to hook players but only the future will tell if the gambling market sees stricter control. So, Is MyBookie legit? Not in the US, at least for the time being.