Important Information About MyBookie

Mybookie, which first opened its doors to the public in 2014, is another popular online sportsbetting site that operates out of Costa Rica. Mybookie ag, like many other similar sportsbooks in the market, focuses on serving players from the United States, however it also accepts customers from other regions of the world, such as Canada and the United Kingdom.

Russia, China, and France are among the countries with restrictions. Overall, this online betting platform has a solid reputation among rival sportsbooks because of its Mybookie bonus, early betting odds for all of the most popular sports, a large number of player props, and other gaming advantages. The staff behind the scenes has made some solid decisions in the past, particularly with the Mybookie mobile service, which now attracts a large number of mobile gaming fans.

This operator not only offers a sportsbook, but also an online casino with a variety of games like roulette and blackjack, as well as a racebook on its main site. Overall, the brand has become a popular online gambling business, particularly among American bettors. Even though there is no denying that this sportsbook offers some excellent features in terms of online betting, the greatest question is if it is legitimate in the United States.

The Mybookie betting platform is licensed in Curacao, but it does not require any additional permission to operate in the United States. It has been engaged in this sector from its inception by exploiting the market’s flaws. Despite this, it operates completely off the grid due to a lack of legal license. Staying away from this sportsbook is the best option for US gamblers, and we never recommend registering for an online gambling account with an illegal, unregulated platform. We also look into whether Mybookie is legal in New Jersey and other states, as well as answer some key questions about the service in general.

Is it legal to gamble with MyBookie?

We examine the operator’s validity in terms of its operations in the United States in this section of our MyBookie ag evaluation. To evaluate the online sportsbetting sector in the United States, we must first investigate the federal rules that govern the industry’s operations, services, and products in general given to American bettors who join such gaming platforms.

On a federal level, there are three primary statutes in the United States that once addressed and continue to affect the field of online sportsbetting in the states. The Professional and Amateur Sports Protection Act of 1992, which posed the most serious challenge to legalized sportsbetting, was struck down by the US Supreme Court in May of last year.

For more than twenty-five years, this federal prohibition was the most significant impediment to legal, licensed sportsbetting activity in the states. After this law was repealed, each state was granted the authority to administer the business on its own terms. In other words, each state was given the authority to fully or partially legalize online sportsbetting activity.

The Unlawful Internet Gambling Enforcement Act, which has been in effect since 2006, specifically targets the offshore betting business by hurting the finances of non-licensed, unregulated offshore sportsbetting operators like Mybookie. In other words, the UIGEA makes it illegal for firms, banks, and payment processors situated in the United States to conduct any type of transaction to or from illegally operated offshore sites.

As a result, you should avoid betting with this operator.

While the UIGEA regulation has had mixed results in terms of banning offshore betting sites from functioning in the United States, it has been tremendously effective in disrupting regularly utilized deposit and withdrawal methods. As a result, the bulk of offshore betting sites have been forced to switch to digital currency, while other significant players have decided to exit the market entirely. In this sense, betting at an offshore sportsbetting operator, regardless of its repute, is never a good idea.

While we cannot deny that the Mybookie live betting platform has some betting benefits, like as bonuses and promotions, a respectable sports collection with competitive odds, it all boils down to the operator’s lack of licensing to sell its product to US bettors in the first place. The operator cannot assure its clients that their money is safe without such licensing on the board.

In addition to money security concerns, bettors who register with this operator despite our strong advice not to do so suffer a slew of other issues, including the loss of their private, highly sensitive data. This is due to the operator’s failure to implement some of the most critical data encryption technology, the primary goal of which is to secure the safety of customers at all times.

This naturally leads to a number of other potential risks and dangers, such as a lack of transparency in the operator’s service in general, as well as a lack of fair play, which are two of the most important characteristics of fully state-licensed, fully-regulated, well-known, and reputable operators. Additionally, players’ bank accounts may be closed because sending and withdrawing monies through offshore betting platforms is deemed a violation of US federal law.

MyBookie Review: Are MyBookie’s Operations Legit?

We evaluate the operator’s sportsbetting platform objectively, just like many other Mybookie reviews available on the Internet. To put it another way, we look at MyBookie customer service, MyBookie minimum bet, MyBookie free play bonuses, MyBookie promo, MyBookie rollover conditions, banking alternatives available, payout timeframes, betting odds, and sports collection, among other things. Despite the fact that we highly advise against using this operator, we nonetheless want to give our honest review of its service.

Focused on the North American Sports Market and Live Betting
Mybookie, like the bulk of other offshore sportsbooks that cater to American customers, is entirely focused on the North American sports market. Customers can gamble real money on a variety of popular American leagues and sports, as well as a variety of other alternatives, such as:

MLB, NFL, NBA, MLS, and NHL are some of the most popular sports in the world.

In addition, gamblers can wager on horse racing, eSports, motor sports, boxing, MMA, cycling, and rugby, as well as participate in live betting events with favorable lines and earn Mybookie points that can be redeemed for bonuses later. Non-US bettors complain about the absence of foreign events, despite the fact that the sports selection is quite good.

Customers can take advantage of incredibly competitive betting odds on various markets, including the top-ranked North American sports and leagues, when it comes to the operator’s betting odds. While the betting odds offered are often higher than the industry average, they are still well behind the top-ranked betting sites in terms of money value.

Bonuses and Promotions: There are a plethora of ongoing bonuses and promotions.
One area where this sportsbook shines is in its bonuses and promotions section, which features a plethora of ongoing incentives that provide excellent value to bettors who have completed the Mybookie login registration process. The operator has prepared a 100 percent match deposit incentive worth up to USD 1,000 for newly enrolled clients, with ten times rollover requirements.

A risk-free bet bonus of up to USD 20 is also available, as well as a 25% reload bonus of up to USD 500 with five times rollover restrictions. Furthermore, bettors can benefit from the operator’s 200 percent referral bonus. Some of them will demand the use of a Mybookie Bonus Max Promo Code or a Mybookie bonus code. In general, the bonuses and promos offered are good value for money, although some of them have large rollover requirements, which is usually a drawback.

Payment Options: There are only a few options for making a payment.

Customers can utilize eCheck, Bitcoin, Person-to-Person, MasterCard, and Visa credit cards to fund their Mybookie accounts. The minimum and maximum deposit amounts are limited to USD 25 and USD 10,000, respectively, including Mybookie Bitcoin payment. While there are a variety of deposit choices, most US bettors are obliged to use Bitcoin, which comes with its own set of concerns.

Customers can choose from bank wire transfers, Bitcoin, and MoneyGram as withdrawal methods. There are a few drawbacks. To begin with, when employing specific alternatives, the withdrawal pending time can take up to one week. Second, depending on the withdrawal option consumers select and how much money they seek to pay out, there are withdrawal fees that can range from USD 10 to USD 50.

Usability / User Interface: User-Friendly, Interesting Design

Both the mobile app and the desktop edition of the operator’s gaming platform have a pretty current design with various interesting visual components that make the overall look highly unique. Regardless of which gaming gadget gamblers use, the website and app are both incredibly stable and responsive.

The homepage is jam-packed with many sections for simple navigation, as well as distinctive banners that advertise upcoming live betting events as well as currently active bonuses and promotions. While the overall experience for bettors when gaming here is positive, there is always space for improvement, and this is true of the Mybookie website as well.

Customer service is available through social media.

The operator provides a variety of contact options. In addition to phone help, the operator offers Mybookie live chat and Mybookie email support. Aside from the conventional methods of contacting customer service representatives, bettors can also reach out to them via social media platforms such as Twitter and Facebook, which is something that isn’t seen very often these days. While the customer service is generally solid, one major drawback is that it is not available 24 hours a day, seven days a week.

Offshore Betting Sites in the Future

Here, we take a look at what the future may hold for the offshore sportsbetting sector following the Supreme Court’s verdict from May of last year, which removed the largest barrier to legal gambling sites. Despite popular assumption, the offshore sportsbetting sector, which is exceptionally well-established, massive, and successful, will most likely maintain its position in the internet gambling market in the United States.

While new laws and regulations allowing state-licensed bookies to open their doors to the public in several states will affect the offshore sportsbetting industry, this deeply ingrained market has been one of the most popular online destinations for Americans since the inception of Internet gambling. In truth, Americans gamble billions on the black market, which includes real-money wagers at overseas sportsbooks like the one we’re talking about.

On the other hand, offshore operators will face certain changes in the wake of the Supreme Court’s decision from last year, which kicked off the expansion of the authorized sportsbetting business. While they are expected to lose some of their key players, they are more likely to expand rather than shut down their business. Even though certain changes are unavoidable, the offshore betting sector has been prospering for years, and the newly emerging legislation and regulations that allow authorized sportsbooks have had a significant impact on it.

Please don’t try this at home.

AmericaGambles.com is a 100 percent legal directory that only suggests and promotes legal online gambling sites that have been licensed by US authorities. The information on offshore providers provided here is provided solely for educational reasons and is designed to demonstrate the negative implications of using these providers. We do not endorse or link to these companies in any way. We also have no business ties to these service providers. Please only play with US providers who are 100 percent legal, licensed, and regulated by US authorities, as demonstrated in our comparison. You can only play safely and reliably with these providers.

FAQ

Is it legal for MyBookie to operate in the United States?

MyBookie is based on the island of Costa Rica and is governed by the Curacao jurisdiction. The sportsbook operates unlawfully and continues to accept American players despite the lack of official licensing given by the US governing agency. As a result, American players are strongly advised to stay away from MyBookie.

Can I be prosecuted if I play at MyBookie?

Residents of the United States are prohibited from depositing to and withdrawing from offshore operators under the UIGEA. In this sense, bettors may face legal consequences in states where such conduct are authorized to be prosecuted. However, no gambler has ever experienced such problems because governments normally target operators rather than gamblers.

Is using Bitcoin and other cryptocurrencies with offshore operators risky?

While US bettors are frequently forced to utilize digital currencies such as Bitcoin with offshore operators, these techniques are dangerous to employ because to a lack of oversight and the significant volatility of the crypto currencies. Players who want to utilize Bitcoin do so at their own risk, and there is no one to turn to in the event that something goes wrong.

Do I have to pay taxes on my earnings from MyBookie?

Yes, this is required of every US person who gambles online, whether at a state-licensed or offshore operator. Any gains withdrawn into a bank account when gambling online are taxed. As a result, all winnings associated to your Mybookie account should be reported and taxed.

Is it possible for me to register at MyBookie if I am under the age of twenty-one?

MyBookie is an international service that accepts players under the age of 21. However, if you are under the age of 21, you should not play here, and if you are an American, we strongly advise you not to gambling anyplace online until you have reached the legal age in your home country.

Conclusion

Is it illegal to bet with Mybookie?

While numerous reviews of the operator encourage US bettors to join the site, it is clear that betting at such online gambling venues comes with a slew of problems and risks. As a result, regardless of their excellent reputation or other perks, we cannot ever recommend joining such platforms.

It all boils down to making the best decision, which in this case means choosing only state-licensed operators who must adhere to all of the highest requirements because they are regularly inspected by the most powerful regulatory organizations. Those looking to stay on the right side of the law can consult our list of state-licensed, trustworthy, and well-known operators that cater to US bettors.