MyBet Review by GoBet Not a GoBet partner Looking for the latest MyBet bonus codes? Want to learn about the odds, payment methods and withdrawal speeds? Perhaps you just want to know whether or not this online betting platform is legal and licensed?
Well, you’re in luck – we’ll provide all of this information and more, in our comprehensive MyBet review.
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MyBet at a Glance
| Launched | 2024 |
| License | Victorian Gambling and Casino Control Commission |
| Number of Sports | 15+ |
| Horse Racing | Yes |
| Greyhound Racing | Yes |
| Esports | Yes |
| Live Streams | Yes |
| Cashout | No |
| Multi Builder | Yes |
| Mobile App | Yes App Store: 4.5* Google Play: 4.6* |
| Minimum Deposit | $10 |
| Minimum Withdrawal | $20 |
| Withdrawal Times | 4 hours to 5 days |
| Customer Support | Live chat: 9am to 7pm (9am to 10pm Friday) Email: support@mybet.com.au |
A Brief History of MyBet
MyBet.com.au is an online-only betting firm that launched in January 2024. The owner is MyBet Pty Ltd, a company registered with ABN 16 667 462 188 in May 2023.
We’ve read suggestions that the team behind Just Horse Racing, a popular website, are responsible for running MyBet Pty Ltd. We couldn’t verify that claim, but a 2025 ASIC record names Roumpos Group as a major shareholder, with Dimitri Roumpos listed as a director and secretary.
Pros
Best odds on most major sports Watch live horse and dog racing Innovative “Multi Gen” feature Two brilliant native mobile appsCons
No live chat after 7pm most days Can’t cash active bets out earlyIs MyBet a Trustworthy Betting Site?
Yes. MyBet is licensed by the Victorian Gambling and Casino Control Commission and adheres to South Australia’s gambling codes of practice.
It’s also affiliated with BetStop, Australia’s national self-exclusion program, as all legal and licensed operators must be.
MyBet Online Betting Platform Review
Both the MyBet website and sports betting app are easy to use, with a familiar and straightforward design that makes navigation a breeze. Pages and odds load quickly, while the betslip is both compact and highly intuitive.
This bookmaker uses the white-label Generation Web platform, along with dozens of other well-known bookies. However, the MyBet version appears to be a newer, more modern iteration, with a slightly different layout and extra features.
Some of the biggest odds in Australia
The odds at MyBet are consistently good, regardless of your chosen sport. Take NRL rugby league matches, for instance, where win lines are priced at 105%.
This low margin means the odds are consistently at the top of the market, in line with most of the country’s biggest names. They also go toe-to-toe with independent bookies like Palmerbet, who often have the best NRL prices in Australia.
Other Sports
This pattern repeats across all of the nation’s favourite sports. AFL win lines, for example, are also fixed at 105%, continually producing better odds than brands like Ladbrokes and Unibet.
The same can be said for IPL games, and many other major T20 cricket tournaments. Newer betting sites like BetNova and PandaBet often take a much bigger cut, with prices set around 108% to 109%. But MyBet also prices IPL games at 105%.
Innovative Features
Although the MyBet platform lacks a cashout facility, it does boast a number of other useful features. You can watch live horse and dog races, for instance, as well as building Same Game and Same Race Multis.
However, our favourite is the “Multi Gen” tool, which quickly suggests bets for you at the touch of a button.
Use the filters to include a variety of sports, including esports, then pick a timeframe and the desired number of legs. MyBet then suggests a bet meeting all of your criteria, which can be added to your betslip with a single click.
Payment Methods at MyBet
Your choice of banking options at MyBet is severely limited – more so than most bookies in Australia, as the table below illustrates:
| Payment Method | Deposit | Withdrawal |
| Debit Card | ✅ | ✅ |
| PayID | ✅ | ✅ |
| Bank Transfer | ❌ | ✅ |
The minimum deposit requirement is $10. According to the terms and conditions, you’re not allowed to deposit cash under any circumstances.
Withdrawals start from $20, which is fine, but we’d prefer to see a lower figure. Transactions can take up to 48 hours to complete, though they’re usually a little quicker. Same-day payouts are possible, but not guaranteed.
Is There a MyBet Mobile App?
Yes. The MyBet app is available for iOS and Android devices.
Both pieces of software are approved for listing in their respective marketplace, which is another sign of quality and trust. It’s extremely difficult to gain the approval of both Google Play and the App Store.
Real users rate the betting apps very highly indeed. The App Store software currently scores 4.5 out of 5, with Google Play users awarding a slightly higher 4.6 mark.
We should point out these ratings come from just over 400 reviews in total, which isn’t the biggest sample size. But it’s enough to gain a fair understanding of what people generally think about the app.
MyBet Promo Codes
In 2019, gambling reforms meant that betting site sign up codes were banned in Australia. That’s why MyBet doesn’t advertise a welcome bonus. But existing players can still benefit from ongoing rewards.
Log into your account and you’ll find a number of daily bonuses. These include promos like enhanced odds for selected markets, or price boosts on winning multi bets.
Loyalty Rewards Program
All new accounts are automatically enrolled into the MyBet Loyalty Rewards Program. You’ll then accrue 1 Loyalty Rewards Point (LRP) for every $2 wagered on racing or $5 on sports. There’s also 1 LRP for every $2 spent on multi bets.
LRPs can be exchanged for various goodies in the Reward Store, found within the “My Account” section of the MyBet app and website.
Customer Support at MyBet
MyBet has just two support channels – live chat and email.
The latter (support@mybet.com.au) is fine for those less urgent matters. But if you’re in any sort of a hurry, live chat is the superior option. This service runs from 9am to 7pm all week, but Fridays are extended until 10pm.
Click the speech bubble icon to get started, followed by “Send us a message”. You’ll then have to provide your name, username and DOB, before an agent greets you.
MyBet claims to reply in less than two minutes, and that certainly seems to be true during the week. The fastest we’ve seen them respond was literally just a few seconds. However, we’ve noticed much slower response times on Sundays.
How to Create a MyBet Account
If you like what you’ve read in this MyBet betting site review, here’s how to get started with a new account:
- Go to www.mybet.com.au or just click a link in this guide
- Tap the bright green “JOIN” button to get started
- Provide your name, DOB, email, number and address
- Press “SUBMIT” to move to the next step
- Now set a username, password and deposit limit
- Confirm your details and acknowledge the Ts&Cs
- Hit “COMPLETE REGISTRATION” to finish up
Assuming MyBet is able to verify your details automatically, you’re now free to deposit and start betting. Otherwise, you’ll need to speak to a live chat agent before continuing any further.
MyBet Review – Final Verdict
This relatively new bookmaker shows a lot of promise. We really liked the innovative “Multi Gen” tool, which we’d not come across in Australia before. It’s always good to see racing streams, too, as not every site offers this feature.
You can’t argue with the odds, either. While many new sites refuse to take on the country’s most established platforms, MyBet has declared war. Punters consistently get the biggest prices on a wide range of competitions, including the NRL, AFL and IPL.
On the negative side, we’d like to see some extra payment methods and longer live chat hours. 7pm is too early to cut off access to support. But overall, this is a solid betting platform.
MyBet FAQs
Who owns MyBet?
MyBet.com.au is operated by MyBet Pty Ltd, a Darwin City-based company registered in May 2023 with ABN 16 667 462 188. Dimitri Roumpos is listed as director and secretary, with Morgan Payne also named as a director.
How do I download and install the MyBet betting app?
To download and set up the MyBet sports betting app, head directly to your device’s online marketplace. If you’re using an iPhone, for example, go to the App Store, search “MyBet” and follow the instructions. For Android hardware, use Google Play.
What is the MyBet welcome bonus code?
MyBet does not advertise a promo code for new accounts, as this would be against local regulations. Existing players may log into their accounts to see a number of ongoing promotions.
Does MyBet have any bonuses and promotions?
Yes. As detailed elsewhere in this MyBet site review, regular punters can enjoy all kinds of promotions but you’ll have to log in to your account to see what they are.
Is there a MyBet friend referral code?
No, MyBet doesn’t have a friend referral code, as this sort of promotion goes against Australia’s current regulations. Bookies are not allowed to induce players to register and place bets.
How do I reset my MyBet login and password?
Tap the grey “LOGIN” button on the homepage, then use the “Trouble Logging In?” link. Insert your username, date of birth and full name to recover your MyBet password. If you’re still having problems, reach out to the live chat team.