Home I Latest News I MyBet Betting Odds and Markets
Sports bettors need a lot of skills and betting knowledge to be successful. In order to maximize your profit, you need to know a lot of details about the different betting markets and odds. We will check the MyBet Betting Odds and Markets available and make an analysis of the quality of odds offered by the bookie.
Founded in Malta back in January of 2003, Mybet.com is a brand of Personal Exchange International Limited (PEI Ltd.) Nowadays, the company is owned by mybet-Holding SE, Germany’s biggest gaming company.
The company holds a European and a German license in sports betting, casino, and poker. They are very popular in Germany with several branches and more than 300 franchise shops worldwide.
Betting markets offered by the sportsbook are varied.
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All of the most popular types of bets are available at MyBet. Money line betting for match winner, along with handicap and totals betting is waiting for you at the sportsbook. Moreover, a decent live betting section is ready for your in-play bets. MyBet betting markets of each type are varied and interesting, so you won’t regret betting at the company.
Here is a little example of what is offered:
For the Premier League Match between Manchester City and Liverpool, MyBet provides some very good betting opportunities including match results, handicap, half, team, and goal markets. As you can see, soccer games are full of different options. Some of their other sports are not so well covered, but still, MyBet can boast of its diversity.
MyBet is one of the few sportsbooks that has a special tab for the popular American racing sport of NASCAR. In general, they are covering a lot of different motorsports, so they are certainly appetizing for fans of this type of sport.
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Besides all usual suspects such as soccer, American football, tennis, basketball, volleyball, and boxing, MyBet is offering some relatively rare sports as well. By this, we mean cricket, table tennis, and golf.
Overall, we can say that MyBet betting markets and sports are varied and interesting. Sports fans won’t be disappointed when visiting the bookie. Below, you can find the full sports list:
Although MyBet is covering a wide range of different competitions and events, some of them are highlighted at the top of the website.
MyBet is giving priority to soccer’s main leagues: Bundesliga, Premier League, Primera Division, and Seria A, along with the World Cup qualifiers. Moreover, the biggest tennis tours, the ATP and WTA, are also highlighted.
Of course, choosing your favorite sports will open a new window, where you can bet on more competitions related to it.
Let’s check out the MyBet betting odds quality. To do that, we will use the bookmaker’s margin as the main factor.
You can calculate that margin by using this simple formula:
We will use the same example from above, the Premier League Derby between Manchester City and Liverpool to demonstrate. Odds are 1.85 for Citizens, 3.90 for a draw, and 3.90 for Liverpool’s win.
(1/1.85)*100 + (1/3.90)*100 + (1/3900)*100 = 54.05 + 25.65 + 25.64 = 105.33
In this match, the company’s margin is a little more than 5%. The betting odds quality in this example is considered to be very good. However, it differs from sport to sport. In the following table, we have calculated the average margin for each sport offered at the sportsbook.
We are taking the bookmaker’s margin for the main raking factor in odds quality because in the cases where you are using multiple systems, instead of just simple bets, the bigger margin value can eliminate your potential winnings. Because of that, you need to track it and bet on markets with decent odds quality in order to maximize your profit.
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