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Mobilebet Sportsbook Review

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Mobilebet Summary

Mobilebet Sportsbook is operated by Co-Gaming Ltd which is licensed and regulated by the UK Gambling Commission. They first received their license back in 2014, and offer a sportsbook and a casino. It appears that Mobilebet are marketing their business to the UK and Scandinavian customers. We look at how good their services are.

  • US Players: No
  • Site founded: 2014
  • License: MGA
  • Bonus: 100% up to £250
  • Bonus Rollover: 10x
  • Last Updated: 01/03/2017
  • Mobile Compatible: Yes
  • Payment Methods: Mastercard, Visa, Moneybookers (Skrill), Skrill 1-Tap, Maestro, Entropay, Bank Transfer, Paysafecard, Neteller

Mobilebet Features

  • Up to £250 welcome bonus
  • Great for football
  • Slick mobile app

Mobilebet Pros

  • Wide range of sports to bet on
  • Early odds on horse racing
  • Good choice of deposit methods

Mobilebet Cons

  • Uncompetitive odds

Website Design

The website does not give the greatest first impression. It is slow loading, and looks a little congested. The list of sports are listed down the left hand side of the page and the text could be a little bigger. The most popular bets and in play action is displayed in the centre of the page, and the bet slip and promotions/graphics sit on the right hand side of the page. Mobilebet Sportsbook have adopted the ubiquitous online bookie layout, but they could have done a little better with their spacing and quality.

Mobilebet have invested in a statistics section, which is definitely a plus. Bettors are able to access data and information on teams and players, which can help them make more informed betting decisions. The statistics can be accessed by clicking on the bar chart to the right of the odds.

There is nothing fundamentally wrong with the website, but Mobilebet could implement a few changes to make things look a little more professional and smooth running.

Bonuses

For new bookmakers, providing attractive sign up bonuses and promotions is essential to try and garner new clientele. Mobilebet Sportsbook offers a very strong sign up bonus on paper – a 100% deposit bonus up to £50 on customer’s first five deposits (giving a maximum bonus of £250).

However, when looking a little closer, it turns out that the terms and conditions attached to the bonus are particularly harsh and make the chance of customers actually keeping any of their bonus (and indeed their initial deposit) money improbable. There is a requirement for clients to wager 10 x deposit + bonus amount, before they can withdraw their funds. For a bettor who deposited the maximum £50 each time, this would mean a rollover requirement of £1000 (£50 + £50 x 10). The rollover requirement in itself is not unusually stringent, but the kicker is that only bets with a minimum of 3 selections and combined odds of at least 3.00 will count towards the wagering requirements. Anyone with knowledge of how betting works, knows that the value tends to diminish with the more selections that are in a bit, and therefore, by requiring trebles and up for each qualifying stake, they are essentially giving bettors very little chance of recouping their money.

Deposits using Paysafe, Ukash, Moneybookers, Skrill or Neteller are exempt from the promotion. Residents of the following countries are not eligible for Mobilebet’s offer: Albania, Belarus, Bulgaria, Czech Republic, Cyprus, Estonia, Georgia, Greece, Hungary, Italy, Latvia, Lithuania, Moldova, Portugal, Romania, Russian Federation, Spain and Ukraine.

Betting Markets & Odds

Mobilebet Sportsbook has a healthy offering of different sports, with a total of 30 different disciplines for clients to choose from. On top of all of the staple sports such as football, golf, tennis, basketball, hockey and baseball, there are also less mainstream events such as badminton, floorball, speedway and e-sports.

Surprisingly, the also compile odds on UK horse racing. Many of the smaller and newer bookmakers avoid providing betting on the Sport of Kings, as it requires more significant resources than most other sports due to the constantly changing odds etc. Furthermore, they offer early prices for the following day’s action, which is also nice. There do not appear to be any concessions such as Best Odds Guaranteed which is typically offered by all of the established betting sites.

How are the odds at Mobilebet? We took a look at several of the sports on offer:

  • English football (FA Cup) – 105.5%
  • Spanish football (La Liga) – 106.1%
  • Tennis – 107.7%
  • Rugby – 110.1%
  • Futsal (Spain) – 115.8%
  • Volleyball – 108.9%

As expected, odds are at their most competitive when it comes to football matches, and in particular, with the English action. Their odds are the least generous for Futsal, which is a relatively minor sport, with lots of imperfect knowledge (hence why the bookmakers build in a bigger profit margin into their odds). Although the odds on the football are the most competitive when it comes to Mobilebet’s sportsbook, how do they compare industry wide? Not bad, but could definitely do better. Total book percentages of 105.5-106.1% are far from outrageous, but are also far from industry leading.

With regards to football, one area they do measure up well in, is the additional markets. For Champions League fixtures, BetVictor were offering between 95-97 extra bets on top of the 1X2 market, and Bet365 were offering 110-112. Mobilebet were right in the middle, with 105 extra markets. Competing with the major bookmakers for number of markets, is impressive.

Currency Options

Users can deposit in:

  • US Dollars
  • Pounds Sterling
  • Swedish Krona
  • Norwegian Krona
  • Australian Dollars

Banking Options

Customers can deposit into their Mobilebet account using the following methods:

  • Visa
  • MasterCard
  • Maestro
  • EntroPay
  • Online Bank Transfer
  • Neteller
  • Skrill Moneybookers
  • Skrill 1-Tap
  • Paysafecard

Users are allowed 4 free withdrawals in any 30-day cycle, further withdrawals approximately cost approximately £4 (applicable to any withdrawal method)

Geographical Restrictions

Customers from the following countries cannot sign up for an account with Mobilebet Sportsbook:

Australia, Czech Republic, USA (including its territories), France (including its territories), Turkey, Curacao, Croatia, Ireland, Spain, Hungary, Romania and Portugal, Colombia, Greece, Bulgaria, Israel, Poland Albania, Argentina, Armenia, Australia, Lithuania, Serbia, Tunisia, Ukraine and Uruguay.

Check our country guide to find the best bookies in your area.

Languages / Customer Support

The website can be viewed in several languages:

  • English
  • Swedish
  • Norwegian
  • German
  • Finnish

Bettors can contact customer services through live chat (available in English – open 09:00-21:00 GMT) or via e-mail at support@mobilebet.com (available 08:00-21:30pm GMT). Those customers who want to draw out their pad and quill, can send correspondence to:

Co-Gaming Ltd.
Forth Mansions,
Ground Floor & 1st Floor
Ta’ Xbiex Sea Front,
Ta’ Xbiex, XBX 1027
Malta

As always, it is a little frustrating when online firms do not have a telephone number for customers to use when they have queries/disputes etc. but it does seem to be a trend with the newer firms who are trying to streamline their costs.

Mobile Betting

With a name like Mobilebet, it would be embarrassing if the sportsbook didn’t have a mobile betting app. The mobile optimized sportsbook is well designed. The sports can be found on a sliding horizontal menu bar towards the top of the page, and the live events are in the centre of the page. Everything runs well.

Verdict

Mobilebet isn’t a bookmaker that bettors should shy away from, as they offer a strong range of sports and a decent depth of markets. There are definitely areas where the firm could improve, but they are worth having an account with.