MyStake is an excellent bookmaker that boasts a range of products including a crypto-focused sportsbook, excellent virtual betting offering, and an exhilarating casino with promotions like no other. Read on to find out why MyStake is for you.
Betting with Crypto at MyStake
MyStake accepts a number of cryptocurrencies and provides a good amount of promotions for us crypto bettors which I’ll expand on below. I reviewed this bookie while comparing it with the up-and-coming crypto betting scene to give you the main pros and cons below:
Amazing crypto focused promotionsExcellent amount of crypto payment options24/7 customer serviceExciting mini games and tournaments
Max win limit is €500,000Site had a couple of issues with loading speedsPayout margins are relatively low at around 93%
MyStake was founded in 2020, and has turned a lot of heads, including mine. I was particularly impressed by their pursuit to cater for an international audience with 12 languages and 20 payment methods.
MyStake Languages offered (12): English, Spanish, German, French, Italian, Czech, Finish, Swedish, Russian, Arabic, Argentinian, Brazilian (Portuguese)MyStake Crypto payment methods (14): Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, XRP, Dash, Tether USD, USD Coin, Tron, Dogecoin, Monero, Binance USD, BNB Coin.MyStake Traditional payment methods (6): Visa, Mastercard, NETELLER, Skrill, Paysafecard, MiFINITY.
MyStake – Is it a Scam or Legit?
It’s always a case of better safe than sorry when it comes to crypto betting sites, MyStake totally fits the bill and is a completely legitimate betting site to use.
When reviewing bookmakers, I also like to research reviews from other bettors, including reviews on Trustpilot. MyStake has a stellar record on the site with over 15,000 reviews with 83% of them having 5 stars. This gives them a 4.8 rating which is mightily impressive for a betting company.
MyStake goes the extra mile and keeps their site safe and secure . It’s a standout amongst many of the best crypto betting sites.
From a customer’s point of view, the ‘know your customer’ requirements to verify your account does a lot to hinder money laundering and identity theft. Although this means that you’re unable to bet with crypto anonymously.
Like many other crypto betting sites, MyStake holds a Curaçao Gambling Commission license which means they are authorised and regulated by the Government of Curacao.
Gaming license: 1669/JAZ
Requirements to Access MyStake
MyStake employs some fairly standard requirements to be able to access and use the site. These include an 18+ age limit and several ‘Know Your Customer’ criteria to verify your account.
It’s important to note that if you can’t access the site then you might be in one of their prohibited counties.
Here’s the full list of countries blocked by MyStake:
JordanAfghanistanBahrainBrunei DarussalamChinaIranIndonesia (Except lotteries)MaldivesQatarSaudi ArabiaSyriaThailand (Except lotteries)UAE
AlgeriaEritrea (Except online)Ethiopia (Except online)LibyaMauritaniaSomaliaSudan
My MyStake experience using a VPN went off without a hitch. Using a VPN is perfectly fine and won’t effect your betting experience. Check out the best VPN betting sites to choose the VPN that’s right for you.
Cryptocurrency Deposit Options
There are 14 crypto deposit options to choose from and each one has a 0% transaction fee. There’s also no limit to how much you can deposit.
Here’s the full list of cryptocurrencies which you can use to deposit to your MyStake account:
MyStake implements a withdrawal limit for all their payment options, unlike their deposit options. Here’s the breakdown for each crypto currency including the limit and processing times.
MethodMinMaxProcessing timeFeeBinance USD€50€7,500Up to 3 working daysNoneBitcoin€50€7,500Up to 3 working daysNoneBitcoin Cash€50€7,500Up to 3 working daysNoneBNB Coin€50€7,500Up to 3 working daysNoneDash€50€7,500Up to 3 working daysNoneDogecoin€50€7,500Up to 3 working daysNoneEthereum€50€7,500Up to 3 working daysNoneLitecoin€50€7,500Up to 3 working daysNoneMonero€50€7,500Up to 3 working daysNoneRipple€50€7,500Up to 3 working daysNoneTether USD€50€7,500Up to 3 working daysNoneUSD Coin€50€7,500Up to 3 working daysNoneXRP€50€7,500Up to 3 working daysNoneTron€50€1,000Up to 3 working daysNone
MyStake Registration Process
I love to see a one-page registration process, and MyStake have one that is extremely straightforward It took me less than 1 minute to fill in all my details.
Step 1: Click create account. You’ll be met by a single page registration form. A thing of beauty and simplicity.
Step 2: Verify your account. Once you register, head over to the ‘Account Verification’ page found in the dropdown menu of your account.
Step 3: Provide details. You need to provide three documents as follows:
Proof of identity such as a passport or driver’s licenseProof of address such a bank statement or utility billMail verification. An email will be sent to you and you must accept it
MyStake Offering, Features and Functionality
This is where MyStake truly shines. Their offering, features and functionality on different devices is seamless.
MyStake boasts a well-designed site, which for the most part is easy to navigate. The ‘My Account’ sections is particularly well organised and the support services are easy to find.
The promotions tab is brilliant, with five welcome offers and a phenomenal 14 promotions on offer, ranging from sports to online casino to mini games. The number of offers means that there’ll definitely be something that piques your interest.
The MyStake mobile version as well as the app are excellent – probably even easier than the website to use with all the same features. We highly recommend giving either of them a go if you like betting on mobile.
As you can see above the app has everything you need within thumb reach, ensuring that your mobile betting experience is an enjoyable one.
MyStake Crypto Welcome offer
In my opinion, the best welcome offer MyStake have is the ‘Crypto Deposit Bonus’ offering a whopping 170% bonus when making a first crypto deposit between €20 and €600.
Here are some terms to keep in mind:
The maximum bonus you can get is €1,000This must be the first deposit you ever make on the siteYou must activate the offer before placing your first betYou can only use one welcome bonus
A first look at the sportsbook may be slightly overwhelming with a lot of information crammed into one page. This changes once you enter specific match pages and event pages which are much more well designed.
MyStake offers 32 sports and 8 esports to bet on, which is decent but nothing out of the ordinary. What I do like is that they have sections focused on horse racing, virtuals and esports.
When it comes to margins, the average payout from a bet is around 92-93% this is quite low and doesn’t really compare with the top traditional bookmakers. I suggest using a betting calculator whenever you’re unsure if a bet is worth placing.
On the casino page you will find over 6,000 games to play, featuring some of the biggest online casino names including Red Tiger.
The welcome offer is a first deposit bonus that gives you a 150% deposit match for €20 to €200 or a 100% bonus if you deposit between €201 and €1000.
Basically, if you decide to deposit €1,000, you’ll receive a further €1000. If you deposit €200, you’ll be rewarded with a further €300 – talk about value for money.
Customer service is an aspect which can make or break a bookie. A bad service could easily turn a good experience sour. I’m happy to report that my experience with MyStake’s customer service was a good one. I expand on why below.
MyStake have an excellent live chat, which is quick and efficient. I used it several times and I got all the answers I needed within a couple of minutes.
The FAQ section leaves a lot to be desired and only features two questions: ‘How can we contact you?’ and ‘How to register?’ This is just not enough to be worth checking.
Email – firstname.lastname@example.org
When I sent an email to the MyStake support, they literally responded in less than a minute. This is by far the fastest I’ve ever experienced, and you can expect to wait on average for a few minutes.
During my MyStake review I lived the full betting experience, and I can safely say that the site has a lot to offer especially when it comes to promotions. The main issue for me is the payout margins which are on the low side – but my overall experience was great!
What cryptocurrencies does MyStake accept?
MyStake accepts a total of fourteen cryptocurrencies which are Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, XRP, Dash, Tether USD, USD Coin, Tron, Dogecoin, Monero, Binance USD, BNB Coin.