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MBet sportsbook review
Overall Rating
38 %
Mbet Overview
Mbet sportsbook is a crypto gambling operator that launched in 2017 with an ICO. It's strictly a sportsbook with categories like baseball, hockey, rugby, and soccer. The operator puts a lot of focus on horse racing, offering various bet types like next to jump, thoroughbred, and harness.
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Bitcoin
Dash
Ethereum
Litecoin
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General Information
They have greyhound dog racing and virtual camel racing. But if you’re into basketball, American football, or tennis, you’re out of luck. Less popular bets like darts, chess, pesäpallo, and futsal aren’t available either. You’ll need to convert your fiat into crypto to wager here, but they do accept a lot of digital coins including Bitcoin, Ethereum, Dash, and Dogecoin. Withdrawals need to be approved first, and it can take up to 48 hours. Honestly, that feels pretty long and unnecessary for a crypto gambling site. The website is simple and easy to navigate, though not very attractive. The homepage has links to betting rules, terms and conditions, and an affiliate link. Clicking “contact us” opens a live chat, but it sometimes crashes and the response time is slow. There’s no phone number or email for support.
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Pros
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Multiple crypto options
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Mobile device support
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No minimum deposits
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Cons
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Unattractive odds
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Narrow betting options
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Unlicensed operator
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No live betting
License and Security – Is Mbet Safe & Legit?
When it comes to recommending a betting platform, safety and legality are my top priorities. Mbet attempts to offer a safe betting environment by using an industry-standard SSL certificate to protect user data from hackers, but that’s all. It lacks two-factor authentication or any additional methods to enhance user safety, which worries me. Plus, the casino operates without a license. So, is Mbet safe and legit? My honest opinion is no!
Reputation – What do Mbet Player Reviews Say?
Mbet has a pretty balanced reputation with a mix of negative and positive reviews. Some users, such as Aaron on TrustPilot, have complained about being unfairly targeted to submit KYC details before making withdrawals, even though the operator says KYC isn’t mandatory. The annoying part is that some KYC details were rejected multiple times even when they were correct. On the flip side, horse racing fans seem to like the platform. Mike said on TrustPilot, “Being a horse racing fan, I liked their no-nonsense, straight-to-the-point interface. Also, I felt the deposit and withdrawal process was faster compared to others.” Overall, there are concerns about the legality of the platform, with some users worried Mbet might vanish with their funds someday.
Why Did I Give Mbet Crypto Sportsbook a Rating of 2.0?
Using our TOPScore rating tool, which evaluates trust and fairness, game selection, bonuses, payout speed, customer support, and overall feeling, I found Mbet worthy of a 2.0 out of 5 rating. Trust and fairness took the biggest hit because of the lack of licensing and poor security measures like missing two-factor authentication. The game selection is limited to sports betting, focusing heavily on horse racing, with no options for popular sports like basketball or eSports, leading to a mediocre score there. Bonuses and promotions are virtually nonexistent, reducing its appeal. Payout speed was also disappointing, with withdrawal approvals taking up to 48 hours, which is slow for a crypto-based platform. Customer support was another weak point, with slow live chat connection and no phone or email support. Overall, Mbet has a niche appeal for horse racing fans but lacks the comprehensive features and robust security to be a top-tier sportsbook. That’s why it got an average score of 2.0, reflecting these various shortcomings.
It appears my Rating Aligns with Several Review websites.
After doing some research, I found that several review websites have ratings for Mbet that are pretty close to mine. Trustpilot gives it a 3.0, which is higher than my 2.0 but still shows a lot of low ratings. Casino Guru rates it at 3.2, and Cryptomaniaks at 3.0. These consistent low to mid-range ratings show that a lot of people have the same concerns about Mbet’s issues and that it really needs a major overhaul to rank higher.
My Final Verdict – Do I Recommend Betting at Mbet?
I’ve seen way better sports betting sites than Mbet. Even though it’s focused on horse racing, there are plenty of crypto sportsbooks that offer a wide range of betting options, including horse racing, and rank much higher.Unless you have a specific reason to try this platform, I do not recommend depositing your money and placing bets at Mbet.io. I find it to be unsafe and illegitimate. The lack of attention to customer care features suggests a gambling site with little regard for its users.
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A pro gambling writer since 2015, immersed in the world of crypto since 2016. I've built up a wealth of knowledge and experience in both crypto gambling and crypto betting, making me one of the most prominent voices in the industry as my high-quality reviews have been featured on prominent gaming platforms, making me a trusted authority in the field.
Nationality
British
Lives In
England
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Facts Checked by Vlad Hategan