Step 1: Concept
The standard equation of a parabola is $y^{2} = 4ax$, where $a$ is the focal length.
Step 2: Analysis
Given equation: $x = 2by^{2}$, which can be rewritten as $y^{2} = \frac{1}{2b}x$.
Step 3: Calculation
Comparing with $y^{2} = 4ax$:
$4a = \frac{1}{2b}$.
Solving for $a$: $a = \frac{1}{8b}$.
Step 4: Conclusion
Hence, the focal length is $\frac{1}{8b}$.
Final Answer:(B)