VIP/Rewards Grade: 3/5 Summary: MyBookie is an offshore sportsbook with regular deposit matches.
Updated: Dec 09, 2025
4 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
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What To Know
MyBookie is regulated by your local gaming commission. Regulated sportsbooks provide customer protections that you will not have when using an unregulated sportsbooks or sweepstakes sportsbooks.
MyBookie is unregulated. Unregulated sportsbooks do not provide the same customer proctections that regulated sportsbooks have.
MyBookie is CFTC-Regulated. CFTC-regulated platforms are federally regulated futures markets, which offer different protections than sportsbooks regulated by a state gaming commission.
MyBookie follows a sweepstakes model. Sweepstakes platforms are regulated by the Federal Trade Commission and state sweepstakes laws instead of your jurisdiction's gaming commisison. These protections are less than those provided by a regulated sportsbook, and are designed for traditional sweepstakes, not a sportsbook.
MyBookie is a sportsbook. Sportsbooks, unlike exchanges, act as "The House" and often have more vig than a betting exchange.
MyBookie is an exchange. Exchanges often offer better odds than a traditional sportsbook, do not limit players, and are matched betting friendly.
MyBookie is a P2P/Marketplace. P2P/Marketplace betting platforms often operate like a Betting Exchange. There might be minor differences, such as commission and fee structure.
MyBookie is an Prediction Market. Prediction markets work like a stock market, but instead of trading shares, you’re buying and selling contracts based on future events, from sports to weather to elections.
In some states MyBookie operates as a betting exchange, and others they operate as a sportsbook. In both situations MyBookie will not limit bettors.
MyBookie is "Player Friendly". Player friendly sportsbooks/exchanges do not enact limits on players making them perfect for matched betting.
MyBookie is "Slower-to-Limit". Slower-to-Limit sportsbooks take longer than average to enact limits on winning bettors.
MyBookie is "Quick-to-Limit". Quick-to-Limit sportsbooks enact limits signifcantly faster than your average sportsbook. If you show signs of being a winning bettor, limits will quickly follow.
MyBookie has high limits. Sportsbooks with higher limits are useful for generating VIP status and hedging large promotions.
MyBookie has low limits. Sportsbooks with lower limits are can make hedging larger promootions, such as those assocaited with VIP status, difficult.
MyBookie seems to be more likely than other sportsbooks to limit bettors after a withdraw. Avoid withdraws from MyBookie as much as possible.
Notes: 10x rollover requirement on the deposit and bonus results in a total wager requirement of $30,000.
Available in: Offshore
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VIP/Rewards Program
MyBookie has a VIP program with multiple tiers. As you increase tiers you get weekly, monthly, and rakeback bonus that continue to increase.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Cards: Visa and Mastercard accepted; often carry higher deposit fees.
Other methods: Person-to-person (MoneyGram-style), depending on your location.
Typical minimums:
Crypto: around 20 to 25 dollars
Cards: 45 to 50 dollars
Person-to-person: 100 dollars
Typical maximums:
Cards: 1,000 to 2,500 dollars
Crypto: limits vary by coin but generally higher than card maxes.
Withdrawals
Crypto is the primary withdrawal method offered to most U.S. players.
No direct bank withdrawal in most cases.
Minimum withdrawal: around 10 dollars for many coins, and 100 dollars for Bitcoin depending on the help page.
Transaction caps: often $2,000 to $5,000 per payout, though some coins support higher limits.
Speed: once verified, crypto payouts often processed within 24 to 48 hours. First withdrawals can take longer due to KYC.
Verification is required before any withdrawal, including if you deposited with a card.
Key rules and betting limitations
Parlay restrictions:
Maximum parlay payout often capped at $50,000.
Legs with odds shorter than −500 cannot be included.
Rollover tracking:
Rollover applies to deposit + bonus, and only graded bets count.
Betting opposite sides or placing bets that cancel each other may void rollover.
Market availability: some prop markets or alternate lines may be limited compared to larger books.
Overall Experience
MyBookie offers a wide market menu and frequent promotions.
Crypto banking is reliable once verified, but card deposits carry higher friction.
Interface is modern, mobile-friendly, and simple to navigate.
Customer support is available, but quality is variable depending on issue and method of contact.
State regulators in places like Michigan and Florida issued actions against MyBookie in 2025, so access is inconsistent depending on location.
Risks and limitations
Offshore, not U.S. licensed.
No regulator support if a dispute arises.
Strict rollover terms; players must read promo rules carefully.
Card deposits may incur extra fees, and withdrawal methods are crypto-only for most users.
Some users report delays if KYC is incomplete or bonus rules are misunderstood.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
