Mybet online casino came to rise in 2003 when both the internet and the gambling industry were still very young. The establishment has over time amassed a huge following that has made it one of the most visited online gaming sites. This casino is owned and operated by Personal Exchange Limited Casinos, a company based in Malta. This gambling entity is big on the provision of not only casino services but also sports betting and online poker rooms, which accommodates diverse needs.
Even though Mybet casino site has proved itself worthy of players’ attention, it recently announced that it is going under maintenance, which means its games and other services cannot be accessed. Personal Exchange Limited Casinos declared insolvency in August of 2018.
Even with the gambling establishment going bankrupt, Mybet clients’ funds are well protected under the Gaming Protection Regulation of Malta. However, due to this sudden closure, cashing out may take a lot longer than usual; this is due to the numerous checks applied by the Malta Gaming Authority to confirm their legitimacy.
Online gambling destinations are some of the most avid providers of bonuses and promotions to woe clients into trying out their products. Mybet online casino also employs this tactic to charm new players and keep them coming back for more gameplay.
Among the most significant provisions is the welcome bonus, which is given after the first deposit has been made. The offer is granted as a one hundred per cent match promotion that can go as high as five hundred pounds. Some of the terms that apply to receive the offer and the wins it generates include:
- The gambler has to make a minimum deposit of five pounds to trigger the package.
- The highest amount eligible for the offer is five hundred pounds, which is also the most that one can receive. Any amount above this limit is not considered for the incentive.
- The amount has to be played through thirty times before cashing out. This condition applies to the deposit used to claim the offer as well.
- Only new players can claim the bonus, and it can just be done once per household.
Players are not limited to the winnings they can collect using this offer, and once the playthrough condition is met, the bonus is made cashable. Even though the bonus amount can be used to play in any game category, slot machines are the only ones that table a one hundred per cent clearance rate for the terms and conditions.
Player points are also awarded depending on how much the gambler spends in Mybet. One receives ten pounds spent in any Novomatic games, slots, video poker, and casual sets. All other game classes award a point for fifty pounds. These points can then be exchanged for cash or bonuses. Players should note that these offers come with terms of play attached to them.
Due to the current maintenance status of this gambling establishment, the welcome bonus and player points cannot be collected as of the moment. Even so, while operating, it does offer additional rewards to existing clientele in the form of reload bonuses, cashbacks, and free spins.
This casino’s location in one of the most thriving gambling markets in the world, which has allowed it to forge partnerships with leading online gambling software developers, providing players with access to Net Entertainment, Novomatic, Thunderkick, NYX Interactive, Blueprint Gaming, NextGen Gaming, and Aristocrat slots at Mybet.
These software developers contribute to a game catalogue of about two hundred games to give players enough choices. Some of the categories that players can choose from include:
- Slots – Over 150 options are listed in Mybet slots, with most of the popular titles being from NetEnt. This software company has made a global name for itself as a leader in the use of three-dimensional graphics in slot machine development. Players can engage some of Net Entertainment’s biggest hits such as Gonzo’s Quest, When Pigs Fly, and many others. The category also holds the biggest progressive jackpots in the casino.
- Table games – Only twenty-three games are provided under table games, which is a small number in comparison to that of slots. Nevertheless, gamers get to indulge in a few variations of roulette, blackjack, poker, baccarat, and craps.
- Video Poker – This is the smallest casino game category and has options like Joker Poker, Double Bonus Poker, All Aces, and Jacks or Better.
These Mybet games can be launched in both desktop and mobile devices that run on some of the most popular operating systems. All games are provided in instant play mode, which does not require any app download.
Mybet real money play is provided for every game listed in the casino’s catalogue. The entity has listed a couple of options for cashing in and out of the casino, and those use for the former include:
- Bank Wire Transfer
- Visa Electron.
Despite the option used, deposits are processed immediately or almost immediately, and gamblers have to adhere to a minimum deposit limit of ten euros per transaction.
This list gets a lot shorter in the case of withdrawals. Bank Wire Transfer, Visa, Skrill, PayPal, and Neteller are the only cashier options that can conduct withdrawals. Each of these methods takes different processing times on top of the twenty-four-hour pending period put in place by Mybet online casino.
Like in most other sites, e-Wallets process cash-out requests the fastest, taking between twenty-four and forty-eight hours. Credit and debit card take from two to five days while bank transfers have to wait as much as seven days. When using either of these options, gamblers have to adhere to a set withdrawal limit of ten thousand euros per day, which brings the monthly limit to about fifty thousand dollars excluding weekend transactions.
Mybet’s success in traversing most gambling markets in Europe has prompted the gambling destination to adopt the use of three major currencies: US dollars, euros, and pounds. Gamblers using other currencies can use cashier options such as PayPal that come with currency conversion services.
Mybet online casino is based in Malta, which means it runs with a license from the Malta Gaming Authority. This licensing body applies some of the toughest gambling regulations that their licensees have to adhere to for the security of gamblers. The fact that Mybet has obtained and retained the license stands as proof that the entity is trustworthy.
MGA is responsible for testing the random number generators used in Mybet to ensure that they produce fair results. The institution also handles complaints for gamblers about their licensees. Since MGA was revamped in 2012, they have come second to none in client care services, so players can trust that free and real money play in Mybet is safe and legitimate. The solid reputation of Malta Gaming Authority has allowed Mybet online casino to operate in several jurisdictions outside Malta where its opinion carries weight.
The UK is one of the most notable markets that cannot access Mybet services; this is because the gambling club does not hold a license from the UK Gambling Commission, and doesn’t look too keen to venture into the region. The reason varies diversely for other countries like Pakistan and Iraq where gambling is punishable by law.
Other countries that cannot access Mybet slots and its other games include:
- The United States
- Australia, etc.
Players can use virtual private networks to access the site from some of these countries that have not restricted the use of this platforms as well. Some restrictions are placed on some of the countries that can register as casino bonuses in the case of bonuses and promotions.
Advantages and Disadvantages of Mybet Casino
Mybet Casino may be under as of the moment, but the establishment promises to resolve the issue and get back on their feet as soon as possible. The establishment has various channels that they can be contacted with including live chat, phone, and email. Live chat gets the swiftest responses that only take a few minutes. The phone option may share this upside, but charges will apply according to the service provider rates.