PLEASE NOTE: Mybet is withdrawing from the Australian market and closing its doors.
Unfortunately, Mybet is no longer open for players from Australia. If you are looking for a good and reputable online casino, you will always find it on FindCasinoBonus.com, because we test and present the best providers in the industry.
A list of alternatives can be found in our current casino recommendations
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Whether you want to profit from the Mybet welcome bonus or simply want to achieve real winnings want: In both cases, the deposit on the casino account is essential! Promotions are offered many, and that's exactly why it will be easy for you to decide on the first transaction.
Just 5$ is enoughto be able to join as a real money player. Invest at least 10$ and you are automatically eligible for bonuses as a Mybet customer. The concept is quite simple, but of course we were mainly interested in which deposit methods are provided to you at all and whether they can be classified as safe.
The good news is that Mybet has exclusively opted for reliable systems – starting with the classic bank transfer, through credit cards to reputable online wallets such as PayPal – although this method may only be used for sports betting. Deposits unfortunately do not work in unlimited amounts. Ultimately, this is at most a problem for high rollers, because: up to $5,000 can be easily booked to your player account as a registered user.
If you need a higher budget, then you just have to make several transactions be carried out. For starters, a medium amount should be enough. After all, most slot machines can be played for as little as a few cents – and are quite profitable, too, without you having to invest a fortune right away.
Mybet is known as a high quality licensed casino is of course anxious to offer you the best possible selection of payment methods also and especially when it comes to payouts. Security and speed are two attributes that our editors placed particular emphasis on in this test.
Winning payouts are quite uncomplicated at Mybet. The basic prerequisite is that there has previously been a Deposit to the casino account has given. If you also claim the welcome bonus, then the turnover requirements must also be met. Any winnings earned beyond that can be requested for withdrawal.
The company states, maximum 3 business days time for a transaction for a transaction. Withdrawals can be made here, as in any reputable online casino, only after verification. As a rule, it is sufficient to send a copy of your ID to the support team.
The uploading such documents is very simple and takes no more than a few minutes. The verification itself takes place within a few days. As in all online casinos, the payout via classic bank transfer takes the longest.
However, there are enough alternatives available, which we will discuss in detail. The decision is already made with the selected deposit method, because basically money can only be paid out in the same way – alternatively by bank transfer.
In order to give you an overview already now, all the available deposit methods have been tested by our editorial team. We have prepared these and divided them into categories, as some systems are quite similar.
Others in turn stand "alone", but are therefore no less secure. In addition to the options, of course, also play limits, fees and the payment period play an important role. After all, as a customer you do not want to wait longer than necessary until you can finally play for real winnings.
After registration you have access to all details about deposits and withdrawals are available to you. Of course, this makes it a little easier to get informed. The good news beforehand: For withdrawals of all kinds fall on the part of the provider no fees incurred. However, depending on the selected payment method, fees may be charged – for example, in the case of PayPal.
Secure deposit and withdrawal at MyBet – here's how it works
| Provider | Deposit / withdrawal. | Duration Deposit / withdrawal. |
Min. Euro Deposit / withdrawal. |
Max. Euro Deposit / withdrawal. |
|---|---|---|---|---|
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✔ / ❌ | immediately | 5$ | 3.000$ |
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✔ / ✔ | instant / 2-8 business days | 5$ / 10$ | 3.000$ / no limit |
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✔ / ✔ | immediately / 1 business day | 5$ / 10$ | 5.000$ / no limit |
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✔ / ❌ | immediately | 5$ | 100$ |
Basically, Mybet provides all withdrawal methods that are common in Australia – starting with the classic bank transfer to PayPal for sports betting.. We would like to see a little more transparency when it comes to the details of the payment methods.
Limits and further information are only provided after registration – as soon as you visit the cashier area afterwards. Depending on the planned game balance, it is best to look at the limits first before choosing a deposit method.
Some options allow transactions up to 5.000$, while others set the limit significantly lower. After all: you can play for free at will. No real money withdrawals are possible then, but at least this way you will get a non-binding impression of the games and their winning potential.
10$ is the minimum for each withdrawal – no matter which of the offered methods you choose. Since the upper limit varies and you will only details after registration, it may help you it may help you to contact the support directly in person. Basically, the response should not take more than a few minutes.
A little help in making a decision can never hurt, and this is exactly what you will receive from the competent service team. Mybet has the clear advantage that PayPal is offered as a payment method – but only if you want to place bets. For slot games, this option has not been available for some time. Balances are strictly separated, if the deposit is made this way. This alone proves the seriousness of the provider, because there are very strict requirements that must be met by casinos – if they want to work with PayPal.
Since payouts are always free of charge are always free of charge, at least this topic is not necessarily to be included in the decision for or against a method. Costs only arise if you want to have your winnings paid out in another currency.
Our practical test was conducted by various editors. This allows us to highlight the strengths and weaknesses of individual payment methods and give you valuable tips along the way.
Details about deposit and withdrawal at Mybet
- Transactions with the bank account
- Deposit with Sofortüberweisung
- Withdraw with bank transfer
- Transactions with e-wallets
- Deposits and withdrawals with PayPal
- Transactions with Prepaid Cards
- Deposits with Paysafecard
Transactions with bank account
1.) Deposits with Sofortüberweisung
| Provider | Deposit / withdrawal. | Duration Deposit / withdrawal. |
Min. Euro Deposit / withdrawal. |
Max. Euro Deposit / withdrawal. |
|---|---|---|---|---|
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✔ / ❌ | immediately | 5$ | 3.000$ |
Deposit: Sofortüberweisung has now made its mark in Australia, Austria and various other countries in Europe. The operating SOFORT AG is a service provider independent of banks and savings banks, but its system does not work without said banks. So that you can make deposits via Sofortüberweisung you also need an online banking account at your bank.
The payment method is so popular precisely because registration with an alternative service provider is not required. You just need to have your online banking login details ready. Sofortüberweisung itself works without your own registration – and of course in real time.
The only "drawback", if you will, is the rather low deposit limit. Up to $3,000 can be booked to the Mybet player account in one step. E-wallets have a significantly higher limit here. However, if you only play occasionally anyway, the set maximum amount should be perfectly sufficient.
Once again, it is clear that instant bank transfer does not work without online banking. You can apply for the same at the bank or savings bank that manages your current account. The service is nowadays free of charge at almost all credit institutions.
And also Mybet itself does not charge you any fees when you deposit money to your player account via Sofortüberweisung. The bookings are all made in a secure way. In addition to your account number and online pin, you need a TAN generator, SMS Tan or else a classic list. Only after entering the correct sequence of digits can the booking be made.
2.) Withdraw with bank transfer
| Provider | Deposit / Withdrawal. | Duration Deposit / withdrawal. |
Min. Euro Deposit / withdrawal. |
Max. Euro Deposit / withdrawal. |
|---|---|---|---|---|
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✔ / ✔ | immediately / 2-8 business days | 5$ / 10$ | 3.000$ / no limit |
Payout: Just like the deposit, the withdrawal at Mybet can also be made via bank transfer. In addition, this option automatically takes effect if a deposit method does not allow winnings withdrawals – for example, in the case of Paysafecard or also MasterCard. Due to the modern banking systems, you can be sure that all transactions work very securely.
Only the payment speed is a shortcoming, because unlike the other methods, a classic bank transfer takes sometimes up to 8 bank working days.
Accordingly, you should calmly think about which way to make your deposit. On the other hand, the advantage is that after the transfer the money is directly in your checking account. Now you can make local payments either with the EC card or in cash.
Probably just this flexibility ensures until today that the payout with bank transfer is still not out of fashion. Basically, you do not do not have to use online bankingto be able to make a booking.
At the end of the day, it is just as possible to refer to the classic variant. You can see the money coming in when you visit the ATM or you can get information at the counter of your bank or savings bank. Online banking only simplifies things, because it gives you a much better overview and saves you a lot of time.
Transactions with e-wallets
3.) Deposit and withdraw with PayPal
| Provider | Deposit / withdrawal. | Duration Deposit / withdrawal. |
Min. Euro Deposit / withdrawal. |
Max. Euro Deposit / withdrawal. |
|---|---|---|---|---|
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✔ / ✔ | instant / 1 business day | 5$ / 10$ | 5.000$ / no limit |
Deposit: For those who want to deposit money quickly, securely and without giving sensitive bank data, PayPal is a good choice. PayPal is a good choice. The online wallet is the best known in the world, and now there is hardly a household that can do without a virtual real money account with PayPal.
Thanks to Ebay, the system has developed very quickly. Security and transparency are a matter of course for the operators. The big advantage is that an account can be set up free of charge. On deposits made via PayPal up to 5.000 Euro are possible no fees are incurred.
Disadvantageously, we evaluate the additional costs that arise when you withdraw winnings. In the best case, you should inform yourself about this directly, because the extensive service is not completely free. Overall, however, the fees are kept within limits, so that the provider is still the undefeated number 1 among virtual wallets.
Another disadvantage is that you can only use the method when you want to place sports bets. Slots games are not usable with the funds paid via PayPal, as the law in force here prohibits it.
And this is how the deposit with PayPal at Mybet Sport works:First of all, you need to visit the wallet's website and register personally. Mybet allows deposits only from accounts that are in the name of the registered customer. Use the account of the partner, this does not work for reasons of player protection.
Registration as such should not take more than a few minutes. Once the account is verified, it can be used without any restrictions. In the cashier area of the casino, you select PayPal as the payment method and enter an amount between 5$ and 5.000$. enter.
You will now automatically be taken to the Login form of the wallet redirected. Here you enter your access data and confirm the payment. The booked amount will be deducted from your checking account or the registered credit card a few days later.
It is also possible to pay with credit on your PayPal account. However, this must also have been earned through sports betting. Winnings from slot games can only be paid out in other ways. Here, as mentioned, a clear differentiation is made. The whole thing works like an electronic wallet, with PayPal clearly having the advantage of being able to pay in advance if there is not enough credit available. Here you will find the best PayPal casinos in Australia.
Dhe payout: PayPal is and remains the most popular electronic wallet of all time. The fact that Mybet Sport offers this option alone speaks for the seriousness of the company. Still, PayPal is very cautious about getting involved in collaborations – especially when it comes to virtual gambling and related betting providers.
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You can withdraw all sports betting winnings via PayPal, as long as this option was also used during the deposit. As usual, a minimum amount of 10 euros. An upper limit has not been set up by Mybet. |
As pleasant and fast as the payment method for winnings withdrawals is, it is important to familiarize yourself with the costs incurred beforehand. Each receipt of money to the PayPal customer account is subject to a fee. And this fee can be very high, especially for larger sums.
The system is always safe and reliable, but whether you want to save the fees is something that everyone has to decide for themselves. How good that there are various alternatives in the Mybet online casino, which are in no way inferior to PayPal today. These are especially important for players who have a desire for slots, roulette and the like.
Transactions with prepaid cards
4.) Depositing with Paysafecard
| Provider | Deposit / withdrawal. | Duration Deposit / withdrawal. |
Min. Euro Deposit / withdrawal. |
Max. Euro Deposit / withdrawal. |
|---|---|---|---|---|
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✔ / ❌ | immediately | 5$ | 100$ |
Deposit: All the way without account and registration is possible to deposit with Paysafecard. You can get the prepaid cards almost everywhere these days – whether in the supermarket, at the gas station or in the kiosk. They are available in different values up to 100$, so that cost control is particularly easy.
If you are in possession of a Paysafecard you don't have to do anything more than specify this payment method and, of course, the desired deposit amount. Then enter the code that is on your prepaid credit card.
This is valid until the entire credit has been used up. The advantage: You can use a single card to make multiple payments – if necessary, of course, in different online casinos. In terms of security, the Paysafecard is hard to beat. After all, third parties (including the provider) have no insight into account data, nor is it even necessary to register anywhere. In the worst case, the card is lost. But then only the credit on it is gone. Of course, there are no personal details on the Paysafecard.
Mybet deposits – our conclusion
Mybet is, when it comes to deposits, very well positioned. The fact alone that the company is allowed to offer PayPal for sports betting speaks for its seriousness. Ultimately, you make the decision yourself. Among other things, you can make it dependent on whether the payout works in the desired way. Another criterion is the upper limit, because this can vary depending on the system.
The payment methods as such are all rated as very secure by our editorial team. The payment speed is identical for all optionsbecause the desired amount is always credited in real time.
The provider deliberately dispenses with the classic bank transfer. Alternatives that work with the current account are Sofortüberweisung and Giropay. Ultimately, Mybet has earned a high score for this test area, because there is no reason for criticism at this point.
Winnings payouts – important notes and conclusion
The list of withdrawal methods is not overly long, but it is ultimately enough to cover almost every taste. What is far more important is that all of the options offered are are absolutely safe and work very fast. The only method that takes a little more time is the bank transfer. Fortunately, with your deposit you decide yourself which variant you prefer.
The casino itself does not provide any information about the processing time. Accordingly, we had to do it ourselves and have subjected almost all systems to a practical test. The result is impressive, because we rarely had to wait longer than three business days for the credit.
Another plus point is that there are is that there are no upper there are. So, if you have won a million jackpot and have reached the turnover requirements that may still need to be completed, then there is nothing standing in the way of such a payout.
Overall, Mybet performs very well in the area of payouts. This benefits you as a player, but the operators are of course also happy if they can satisfy their customers – especially when it comes to money and payouts.
| Test category | Score | Recommendation | More Info |
|---|---|---|---|
| Odds | 80% | good | Mybet odds |
| Game offer | 92% | excellent | Mybet game offer |
| deposit/withdrawal | 92% | excellent | Mybet deposit/withdrawal |
| Customer service | 91% | excellent | Mybet Customer Service |
| Website | 89% | very good | Mybet website |
| Gaming App | 90% | excellent | Mybet App |
| New customer bonus | 89% | very good | Mybet Bonus |
| Security | 90% | excellent | Mybet Security |
| Experience | 79% | average | Mybet experiences |
| Overall rating | 88% | very good | Mybet Test |
Author: William BrownRated: Mybet deposit/withdrawalAuthor Rating:
