MyBookie – Legit and Honest Sportsbook? Learn More Here in this 2021 MyBookie Review!
If you have been looking for a sportsbook online where you can bet on your favorite sports and enjoy top-notch customer service, MyBookie may just be the site you have been searching for.
MyBookie Scam or Not: Major Features Taken into Concern. For all the reasons above, we strongly advise against making accounts and betting with MyBookie but it’s only fair to check out all the important features in more detail, seeing what the bookmaker has to. MyBookie is one of the very few sportsbooks opened in the last handful of years that has stayed in business and garnered a great reputation. They have solid management in place and a top notch. MyBookie – Legit and Honest Sportsbook? Learn More Here in this 2021 MyBookie Review! If you have been looking for a sportsbook online where you can bet on your favorite sports and enjoy top-notch customer service, MyBookie may just be the site you have been searching for. About MyBookie.ag. As I mentioned, the owners of MyBooke.ag have ties to the old Bet on Sports brand. This is a good thing; even though that company did have a reputation for closing accounts of players who won too much, they were also the pioneers in many forms of the business.
It’s the best offer for MyBookie anywhere. You have have heard people talking about them in the gambler’s circles and wondered, how this is legal and legit?
There are a lot of reasons to recommend MyBookie.ag, but a few of their best features include:
- Official URL: https://mybookie.ag
- New players can get a 50% bonus up to $1000
- Live, in-game betting
- Above average customer service compared to other sportsbooks.
- A wide range of sports to wager on, as well as some additional markets like entertainment, politics and religion.
- Customer loyalty program.
- Web and phone betting options
- Live web-cam dealer casino that is very cool
The cream is rising to the top of the online betting world. MyBookie has proven over the past seven years that they are a legit, fair and reputable online bookmaker for US gamblers. They have consistently paid out winning players in a timely fashion. Your money is safe and your bets are fair. When you win you will get paid.
Let’s take a closer look at what MyBookie has to offer.
How Are They Legal? Can You Bet There Safely?
It is not illegal to bet online at sites like MyBookie for USA residents for the most part. Unfortunately, there are exceptions to every rule!
The following states are unfortunately not allowed at MyBookie,
- New Jersey
- New York
So while a handful of US states have legalized online sports betting with regulated bookies, MyBookie is not one of the regulated sports betting sites. They are one of the reputable and legit online bookies that have been servicing the US market for years.
Their reputation is mostly positive and players do get paid when they win. The lines are very competitive and will often be better than the regulated sportsbooks that have more overhead expenses.
Of course we are not lawyers and it depends on which state you live in. Nothing here should be taken as legal advice.
It is not illegal to bet on sports for US citizens.
MyBookie Bonuses and Promotions
Numerous different bonuses are offered on MyBookie.
- Use promo code MYB50 to lock in the 50% deposit bonus up to $1000
- 25% Reload Bonuses to $500
- Many more for casino and horse racing
- and so, so many more!
This is a site which rewards loyal customers and not just new sign-ups as well; you can get a 25% reload bonus up to $500. Also available are 8% rebates on the horses on an ongoing basis. You can also get a 200% bonus up to $200 if you successfully refer a friend.
On top of all of that, there are a number of different bonuses for casino games as well as specific sports. Some of these which may interest you include 10% for World Series Future Play and additional bonuses on MMA and boxing.
Sports Available For Wagering
Here is a list of the sports that you can currently bet on at the time of this update, fresh at the start of 2021!
- NCAA Basketball
- NCAA Football
- US Politics
- Motor Sports
- International Hockey
- Table Tennis
- Horse Racing
- Aussie Rules
- “Special Wagers”
As you can see unlike many other sportsbooks, MyBookie puts the “odder” selections right there in their main menu for you to find and peruse.
Also, you’ll see at the very bottom of the list, “Special Wagers”. There’s no telling what you’ll find under there from day to day. As of the time of this update you’ll find some bets you can place as to Who’s going to be the first to launch some human beings to Mars?
MyBookie also has a fully integrated casino with favorite casino games like blackjack, roulette, slots, poker and more, along with pretty much anything else you would expect from any brick-and-mortar casino. There is so much to do at MyBookie that you will never run out of markets to bet on and games to participate in.
Betting Types Available
The “Betting Slip”, the way you see it over at MyBookie.
- Straight bets
- Open wagers
- If bets
- Buy points
- Live betting
- Action points
- Moneyline bets
- Round robin
- If bets
- Parlay bets
- Daily Doubles
Deposits & Withdrawals
You can make your deposit via any of the following methods:
- Credit Card, (Visa or MasterCard)
- Bitcoin Cash
- Wire Transfer
- Money Gram
The minimum withdrawal amount for bitcoin is $50, but for all other methods, it is $100. The maximum amount for MoneyGram is $400 per week. For bitcoin or ACH, it is $1,000 weekly, and for a wire transfer, it is $2,000 per week.
There are pretty hefty fees for each of these methods to be honest. They range depending on how much you are withdrawing and which method you are using. For a wire transfer between $1,000-$2,000 for example, you can expect to pay $50 in fees—this is the highest fee amount.
Are USA Players Allowed to Wager at MyBookie? (Yes!)
Yes. When you register to open an account, you will input your basic details, including your country and state of residence. You can enter any state in the USA and join the site and deposit money to bet.
Just remember that it is your responsibility to follow all state and local laws concerning sports betting where you live. See the other recommended USA sportsbooks here.
What Are The Wager Limits At MyBookie?
The minimum and maximum wager sizes depend on how you will be placing your bets. If you use the internet to wager, then the minimum is $10 and the maximum is $1,000. This is not a very high ceiling. Between that and the restrictions on weekly withdrawals, it does not seem like MyBookie is geared at punters with big accounts.
If however you use the phone to place your wagers, the minimum is $25, and there is no maximum bet size. It is unclear how this would impact your withdrawals; it seems you would still be subject to the same limits. This means that even with the ceiling removed on betting, this may not be the best site if you are going to be wagering (and winning) a lot of money.
Not a ton of bonuses out there that are better than this one!
Use the code GOOD2020 to get yourself a 100% Bonus of up to $1,000 to go along with your initial deposit.
This bonus does come in the form of free plays and there is a 10x rollover requirement attached.
Minimum deposit of $45 required to take advantage.
You do not need a code here to use this one, but it is only good for your first deposit and for one time only.
Use this one to get a smaller bonus, but a considerably smaller rollover requirement.
The rollover requirement with this one is only 1x!
Once again, the minimum deposit required is $45.
For the existing customer that needs to top off their account.
Just use the code MYB25 to get 25% of their deposit put into their account as free plays.
This will have a 5x rollover requirement with it as well as a minimum of $100 and a maximum bonus of $500.
3 Reasons To Play At MyBookie Versus A Casino Based Sportsbook
Why should you wager at MyBookie instead of at your local brick-and-mortar casino?
- You can wager anywhere you want, anytime you’d like. Whether you are at home on your desktop computer or you are on the metro on your mobile device, you can bet on your favorite sports, never missing an opportunity.
- You can take advantage of exciting bonuses. A 50% match bonus on your deposit is a much bigger bonus than free food at your local casino’s buffet!
- You have access to a wider range of markets. You can bet on more than a dozen different types of sports plus some other events on MyBookie.ag.
Final Thoughts: MyBookie Is a Great Choice for Punters with Small to Medium-Sized Accounts
One thing I have not yet delved into which is worth a mention is the excellent customer service on MyBookie. Customer service is hit or miss with online sportsbooks, so you never know what to expect.
I was very pleased when I contacted MyBookie on live chat with a quick question. An agent was available to talk to me immediately. I asked my question and got a succinct and concrete answer within half a second. These agents are fast, friendly, and very knowledgeable. I could not have been more pleased.
If you have a really large account, you probably are going to want to bet on another site, because you will struggle with the betting limits and the restrictions on withdrawals. For customers with a meduim sized or smaller account however, MyBookie is an ideal choice.
I have had a great time exploring the site, and I have already won my first few bets here. I will continue to keep this review up-to-date with my experiences and I am sure that if you join, you will have a great time just like me!
Visit MyBookie and claim your deposit bonus
It’s not often that offshore online sportsbooks — where tens of billions of dollars are wagered by Americans every year — get much in the way of bad press. In fact, they’re often really good at getting good press mentions in the US.
That’s why it captivated the sports betting world and some of the mainstream media when Barstool Sports — and its leader, Dave Portnoy — suddenly took aim at one offshore book, called MyBookie.
We won’t detail the feud, but here’s a pretty good summation of what happened from Portnoy (warning, not at all suitable for work):
Only idiots would gamble with @betmybookiepic.twitter.com/4QqoMnbKF5
— Dave Portnoy (@stoolpresidente) April 9, 2019
Anyway, we’re not here to recount the blow by blow of the simmering feud. What we are here to tell you is what you should know about offshore sportsbooks, if you’re familiar with them or not:
Offshore sportsbooks like MyBookie operate illegally
Offshore sportsbooks are not sort of illegal or kind of illegal. They are operating illegally if they are taking wagers from bettors in the US. Full stop.
MyBookie is hardly the only sportsbook site or app that does this. There are dozens, if not more, although there are a handful of truly major players offshore.
Offshore sportsbooks violate at a minimum:
- The federal Wire Act
- Likely some other federal laws
- A variety of state laws that prohibit unregulated sports betting, or just ban it altogether.
The fact that some offshore books have a license to operate in Costa Rica or some Caribbean nation is great and all, and it makes them legal in that jurisdiction. People might cite an ongoing World Trade Organization dispute between the US and Antigua, but that is not a magic elixir for legality, either.
I’ll preface this next part as saying I am not a lawyer, and don’t take this as legal advice. But individual bettors at offshore sportsbook don’t seem to be under any kind of legal threat.
That doesn’t mean it’s entirely safe to do so, or that your money is under no threat if US law enforcement suddenly decided to start enforcing existing laws.
Is Mybookie Safe
Anyway, the takeaway is that MyBookie (and other books) are illegally operating, like Portnoy says. Lots of people think, erroneously, that the US Supreme Court just legalized sports betting everywhere last year, which is not at all the case.
Legal US sportsbooks have an inherent disadvantage vs. offshore books
Other than the fact that you are trying to evade US authorities and likely have difficulties with payment processing, offshore books have a decided advantage over legal ones in the US.
First off, there aren’t many of the legal variety. There are legal mobile apps only in New Jersey and Nevada. There will be later this year in Pennsylvania and West Virginiaand possibly Rhode Island.
If you’re in any other state — and this is important — you’re not betting on a legal app. That’s one of just several advantages that offshore books have that legal books don’t have to contend with. Offshore books:
- Operate in just about any state they choose to serve. Legal sportsbooks must operate only in the states in which they are authorized.
- The regulatory regime for offshore sportsbooks is basically non-existent, while legal books have to deal with more strict regulation, and different regulations in every state. This takes money and manpower to deal with.
- Offshore sportsbooks don’t have to pay the same kinds of fees and taxes that regulated books do, especially a .25 percent tax on all wagers that the US government levies.
MyBookie going away doesn’t solve much for legal sports betting
Portnoy’s rant against an illegal bookmaker is certainly welcome news for proponents of legal betting. But let’s not make it out to be more than it is, which is a pissing match between a media outlet that thrives on such things and exactly one (1) illegal sportsbook.
It does shine a light on something that doesn’t get much play in the US — the fact that a sportsbook is taking wagers illegally. Far too often I see media outlets citing offshore books for quotes or odds, with no mention of their status in the US.
But Portnoy wasn’t ranting against ALL illegal sports betting. Portnoy got mad at one of them on Twitter, and he is trying to shut them down.
Mybookie Ag A Scam
That’s great. But if MyBookie gets shut down, all of that action just moves to another offshore sportsbook. Nothing is really solved.
There are plenty of believers and supporters of the offshore books, and I don’t take any issue with people who have no other options for legal betting.
But in order to have a legal sports betting market truly succeed, you can’t just let these sportsbooks exist in the status quo. Normalizing them alongside the legal bookmakers just reinforces their inherent advantages, as they ride the wave of popularity and increased search traffic around sports betting.
So it starts with MyBookie. But it doesn’t end there.