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Mbet Review

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Bonuses
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Payment options
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Support
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Betting variety
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Odds
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Live betting
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Website
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Mobile
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Up to 5m₿ in risk free bet in horse racing
Place a Fixed Odds win bet on any Thoroughbred, Greyhound or Harness & if your horse or Greyhound does NOT win you will receive the value of your first bet back, up to 5 mBTC in a bonus bet. Full T&Cs apply.
Esports Background
MBet is one of the leading bookmakers for horse racing on the market. A popular gaming site among African punters, it has earned rave reviews from new and seasoned bettors. This MBet sportsbook review will tell you more about what makes the site tick. MBet isn’t your typical bookie – it has strategically designed an excellent betting platform that ensures a smooth experience across various sports.

It’s one of the top crypto betting platforms in 2022, so it’s among your best options if you want to wager on horse racing or football with Bitcoin. Continue reading the review below to see why it’s a great choice.

MBet Website & Account Info

MBet was launched in 2017 to give horse racing punters the best possible betting experience online. It’s an independent gambling site that offers betting across many sports with hundreds of available markets.

Mbet Review

mbet.io

Focused on football and horse racing, it offers a one-of-a-kind experience. It’s a gentleman’s betting site, as can be seen by the logo. MBet also appeals to new punters because it accepts cryptocurrencies for deposits and withdrawals.

The popular sportsbook has everything a modern bettor needs. Our MBet review will touch upon the website’s top aspects, including the markets, odds, and available payment methods.

Banking Options

While traditional payment methods are accepted at MBet, the bookie prides itself on accepting cryptocurrencies. Cryptos are the darlings of the online betting industry in 2022, ensuring almost fee-free deposits and anonymous and secure withdrawals.

Min. deposit ₿0.001
Deposit Charge Free of charge
Min. Withdrawal ₿0.025
Withdrawal time Up to 2 working days
Payout 92%

The bookie appeals to the new generation of punters that are not afraid to experiment.

Deposit Methods

Deposits are fully automated and very simple to make. Your best option is to use one of the Bitcoins, but you can also use other coins if you want to.

Here’s a preview of the available payment options via the MBet app:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Dogecoin
  • Dash

Thanks to the fact that it accepts cryptos, you can join MBet.io and bet on it without opening up a bank account. Both deposits and withdrawals are instant and free of charge. Punters can use any coin they want, but check the limits as they differ.

Withdrawal Methods

Withdrawing is also possible via the methods above, with varying minimum/maximum limits. The blockchain is an exciting technology that allows cash-free transactions without involving third parties such as banks.

Unfortunately, no other payment options are accepted at the betting site. But you can use your cards to buy cryptos and transfer them to the betting platform.

MBet Bonuses

The bookmaker has a risk-free first bet for new punters available on horse racing. It’s a free bet worth up to 5 mBTC and is relatively easy to claim. And that’s just the beginning. MBet has plenty of other promos to get excited about, but you’ll need to register to see them. If you don’t know how to sign up and how to bet with MBet, the customer service agents can help.

MBet Welcome Bonus

The risk-free first bet at MBet.io is available to first-time depositors with BTC. To claim it, you must do the following:

  1. Register at the website
  2. Log in with your new credentials
  3. Deposit money and place a fixed-odds bet on horse racing, greyhounds or harness win markets
  4. Settle your win wager to claim a bonus of up to 5 mBTC

Expectedly, the welcome offer is available to new punters only. You have 14 days to use, with the rollover requirements at 10x at odds of 1.8 or better. Once you complete the terms, you will be able to claim your winnings.

3.6out of 5
Up to 5m₿ in risk free bet in horse racing
Place a Fixed Odds win bet on any Thoroughbred, Greyhound or Harness & if your horse or Greyhound does NOT win you will receive the value of your first bet back, up to 5 mBTC in a bonus bet. Full T&Cs apply.

MBet Free Bets

MBet has a variety of free bets for its punters. Aside from the risk-free first bet, you can claim a 6 BTC bonus available to all players. All Africans, including Kenyan punters, can have a free swing at a 10-leg multi which could be quite profitable. There’s a special offer for Asian punters too, so it’s safe to say that it covers all the basics for bonuses and promotions and then some.

What to Bet On

All those free bets can be spent on various markets at MBet, including European football leagues. Horse racing is also in focus at MBet.io, so expect plenty of markets, including regular and exotic bets with competitive odds.

Number of Sport Games 11
Number of Sport Events 71
Live Events Daily -
Live Events Monthly -
Pre-match Events per Month 2400

It’s a full-fledged sportsbook that covers more than just football, making it a perfect pick for all types of punters. And while football and horse racing are definitely in MBet’s focus, there are plenty of other sports to bet on. You have basketball spreads on offer, tennis betting, virtual betting, ice hockey, rugby, darts, water polo, badminton, and cricket.

Sports Betting

You have more than a dozen sports to pick from at MBet. Like any modern sportsbook, it sports a long list of events, tournaments, and competitions punters can put their money on. Any MBet prediction you can think of should be in the lobby. From football to Esports and everything in between, this bookmaker’s offer can go against the best in the business.

As mentioned several times during this review, the focus is on football. But don’t despair – there are plenty of other sports you can bet on paired with a range of markets and competitive odds.

Available Sports

You can easily see that it starts with football. The list of sports available in MBet can be found on the left side of the website. The featured games offer regular football markets, multiple football bets, handicaps, O/U, totals, etc. You also get quick links to all these offers and more, so you can make every MBet prediction count.

As soon as you click on a sport, the markets will instantly be loaded in the screen’s central part. You can search fixtures by name or date. Another great thing about MBet is that the bookmaker has included a handy how-to guide that explains each market in detail. For new Kenyan punters, this is a true blessing.

Racing is among the top options available on the left, with a popular harness, thoroughbred, next to jump, and greyhound races nicely covered. Futures are also available, so you can spend more than what’s listed on the widget.

MMA/UFC, boxing, motorsports, baseball, basketball, darts, and cricket make the list. The website is nicely organized to easily switch from markets to sports and see what’s on offer. Once you click on a link, the platform will open up all the available competitions, tournaments, and events, giving you a clear overview of what you’d like to bet on.

It’s an easy system to use, and one new punter will be delighted to bet at it.

Sport Competitions

In terms of competitions, MBet.io covers the most popular in each sport available on the website. Soccer, for example, covers the top 5 European leagues, while the football section covers NFL and NCAA matches. Just click on a sport to see all the available competitions and the hundreds of markets.

The competitions for specific sports are listed per country, so you have a better overview of your favourite contests in the world. For horse racing, you get the biggest UK and Ireland races and major internationals, including the Prix, the Dubai Cup, and more. Changing the odds for each competition is easy –select between decimal, fractional, and moneyline to whatever you see fit.

Special Events

There aren’t many special events to bet on at MBet.io. It is primarily a soccer and horse racing sportsbook, although there are unique picks such as Aussie Rules football and Rugby League and Union. Granted, those aren’t the most special picks, but that’s as far as special events go.

The MBet app might feature specials such as politics and other markets in the future. But you can only stick to what’s on offer.

Esports Betting

Surprisingly, Esports isn’t among the options available in MBet’s lobby. It’s an emerging betting market, so the decision not to include it in its offer is strange. We saw no mention of introducing it soon during our MBet review, but who knows? Knowing that it attracts many young punters, the bookie might soon add it to its list.

MBet Live Betting & Live Streaming

The live betting platform at MBet.io is generally available on horse races. The bookie covers the most prominent events with live stats and even streams for registered customers. Thoroughbreds and harness races are among the most streamed races. Players can bet on the live odds easily, but be ready to act fast as the odds change.

Live streams are great as they allow punters to watch the races just like they’re on track. They can make you a better punter in live betting markets as you see how each horse runs from the get-go.

In terms of live betting odds, we can say they’re competitive. Certainly not the best in the industry, but MBet’s live betting platform has solid odds.

Mobile Betting

As we saw during our MBet sportsbook review, there’s no dedicated mobile app, but to be honest, the bookie doesn’t even need one. The regular betting website works perfectly on any smartphone or tablet. Regardless of the screen size or the OS (Android/iOS), it worked smoothly from a mobile browser, and we enjoyed a great experience on the go.

The layout will fully adapt to the screen and have the same design as the desktop website. You won’t need to study it further before betting – if you learned how to wager on a desktop, betting on the go will be a breeze.

Everything remains the same as on the desktop. The favourite sports are still to the left, and the bet slip works the same. Of course, you will need a stable internet connection to bet on the go. That’s the only ‘requirement’ the mobile website asks for.

MBet App

There is no mobile MBet mobile app to install on your phone. Don’t look for it in the Google Play or App stores – you can bet from your smartphone via a mobile browser. And it’s much easier if you ask us. Why go through the hassle of downloading and installing an app when you can do without it? Log in with your credentials from a mobile browser and enjoy an immersive sports betting experience.

MBet Pros & Cons

MBet is a pretty solid bookie, in our opinion, but there are a few things bettors should know before joining the website.

PROS CONS
  • Experienced bookie online since 2017
  • Crypto native betting platform
  • A simplistic interface that’s easy to navigate
  • Great welcome offer
  • Plenty of bonuses and promotions
  • No mobile app
  • Mostly focused on horse racing and football

Cash Out

If you’re a regular visitor of MBet’s live betting platform, you’ve surely come across the Cash Out feature. The feature is unavailable on all matches, so look for the flashing icon to cash out a part of your winnings. You can also cash the whole sum out, but not without a loss. In short, it allows you to take your winnings and run if things aren’t going your way.

Use the feature sparingly and at the right time when making a live MBet prediction. It is a feature for more experienced bettors, so don’t go wild with it, as your goal is to make a profit.

MBet Odds

The odds at MBet.io may not be industry-leading, but they’re far from the worst. The bookie has a few great odds on football and some of the best odds offered on the biggest horse races.

You will get solid odds if you place your bets at the right time. Of course, you’re welcome to shop for odds at other sites, although we doubt you’ll find much better for horse and harness racing.

Other Products

Aside from being a sportsbook and racebook, MBet has no other products. While most gambling sites come with casino games these days, this one decided to follow the sports road.

Which isn’t anything bad. The bookie is focused on sports betting instead of being stretched thin in other directions.

Contacts & Support

MBet.io’s customer support team is always ready to help bettors in need. Getting in touch is simple – fill out the form, and an available agent will contact you ASAP. As far as we could see during our MBet review, customer service is always available.

Support email [email protected]
Support Phone Number No
Live chat Yes

If live chat isn’t your preferred way of getting in touch, you can write the sportsbook an email, but it’s the slower option.

MBet Verdict

A crypto-native platform that focuses on horse (and harness) racing and football, MBet.io is a delight for cryptocurrency enthusiasts. It sports a great minimalistic design that makes things easy to reach regardless of the device. New punters can earn a cool free bet for horse races, and there are fixed odds and live betting markets for the top races worldwide.

Of course, there’s plenty of variety in the sports lobby, so you can bet on other sports too. The bookie is quite generous, so look forward to plenty of bonuses and free bets to amplify your betting experience at MBet.io.

Open Acc at MBet

Frequently Asked Questions

  • How do you use MBet?

    MBet has a very minimalistic design that new punters can use easily. All the sports are to the left, the selected markets in the centre, while the bet slip is to the right. The layout is the same on desktop and mobile.

  • How do I register with MBet?

    Visit the website, click on Register, and follow the on-screen instructions. You should have your account created in a few minutes.

  • How do I add money to my MBet wallet?

    Choose a cryptocurrency from the list of options and send the money from your crypto wallet to the bookie’s address. If you need any help, the customer support agents are there 24/7.

  • How do I install the MBet app?

    There’s no MBet mobile app to install, but the mobile website works well. Visit the bookie from your phone and enjoy betting on the go.

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Jimmy Daytona
Writer & Tipster

Jimmy is our on-duty tipster and writer. His favorite sports are cricket, tennis, and basketball. If you’re looking for the best betting tips in the business, Jimmy’s your guy. His tips and events previews are among the most read at BetZillion.

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