MyStake sportsbook review

Editor’s View – Key Facts We Discovered About MyStake

• Wide range of sports, covering everything including soccer, basketball, tennis, baseball, Formula 1 and more
• Great selection of eSports markets, including CounterStrike, League of Legends and Dota 2
• Betbuilder, free bets, and a host of other attractive sports bonuses and promotions
• Support for deposits and withdrawals in major cryptocurrencies including Bitcoin and Ethereum
• Crypto casino, including live dealer games, is also on offer

General Information About MyStake

MyStake was launched in 2019. Registered and licensed in Curacao, it operates as a sportsbook and casino, with support for cryptocurrency payments on deposit and withdrawal. Aside from fiat deposit options like Visa, Skrill, Neteller, and Paysafecard, players can deposit and withdraw in cryptocurrencies including Bitcoin, Litecoin, Ethereum, and Ripple.

A comprehensive sports offering covers over 40 major sports, including popular eSports such as League of Legends and CounterStrike. MyStake also offers a casino, packed with games from leading developers.

New customers are offered the chance of a welcome bonus worth 100% up to €/$500 on the first deposit. A host of other bonuses and promotions, including free bets and reload bonuses, are available for loyal customers.

My User Experience on Mobile App and Website

I found MyStake to be easy to navigate on mobile and desktop. If you’ve used other online sportsbooks before, you’ll be familiar with the classic three-column layout. That’s what MyStake has used for setting out their sports betting options, so I had no difficulty finding my choice of sports, markets, odds, or the betslip.

I was a little disappointed to learn there are no mobile apps for MyStake. Still, accessing the site in a browser offers an easy enough alternative, especially if you add a shortcut to your phone’s home screen.

My Registration Experience with MyStake – Step-by-Step Sign-Up Guide

Registering for MyStake was easy, taking just a matter of seconds to get my account set up.

Payment Information and Options

I liked that MyStake supports payments in both fiat and cryptocurrencies. While I prefer to play with crypto personally, it’s good to see a range of payment methods for fiat options here too.

• On the crypto side, you can pay with Bitcoin, Litecoin, Ethereum, Ripple, Tether, Doge, and loads more.
• For fiat deposits and withdrawals, MyStake supports debit cards, Neteller, Skrill, Paysafecard, Trustly, and several others.

The minimum deposit is $20, which is the same as the minimum withdrawal. Payout times can run a little longer than usual, with up to 5 days of processing time and up to 72 hours for payout on the quickest payout methods.

However, I’ve always found withdrawals to be with me in around 24 hours for crypto.

How Was My Deposit Process?

Depositing to MyStake is simple, though the process differs slightly for crypto payments and fiat payments. If you work through the steps below, you can choose whether to send from your crypto wallet or any of the support fiat deposit methods.

1. Head over to the MyStake site.
2. Sign in to your new MyStake account.
3. Click on ‘Deposit’ to enter the deposit menu.
4. Choose your deposit method and minimum deposit amount.
5. Click through to enter your deposit details, or to copy the MyStake crypto wallet address
6. Complete your deposit to fund your account.

How Did I Place a Bet on MyStake?

It takes seconds to place a bet at MyStake. If you’ve already deposited funds to your account, it’s just a case of choosing the event you want to bet on, choosing the odds you want to back, and adding this to your betslip.

1. Login to your MyStake account.
2. Choose the sport you want to bet on from the list on the left nav menu, or the top bar in the middle panel.
3. Choose the event you want to bet on.
4. Look for the odds you want to get back.
5. Click on the odds to add the outcome to your betslip.
6. Choose your bet type and add your per-line stake on the betslip.
7. Confirm your bet to go live.

My Experience with Withdrawing Winnings at MyStake

I’ve always found it quite straightforward to withdraw winnings from MyStake. If you have more than the minimum $20 balance in your account, follow the steps below to request a withdrawal to your chosen withdrawal method.

1. Sign in to your MyStake account.
2. Click on your balance, or choose ‘Withdraw’ from the menu options.
3. Choose your withdrawal method, and whether you want to withdraw crypto or fiat.
4. Decide on your withdrawal amount.
5. Enter your withdrawal details where required, for example, your crypto wallet address.
6. Confirm your withdrawal to begin processing.

MyStake Sports Betting

Betting Market – Over 40 Sports

MyStake is home to over 40 different sports, covering everything you’d expect and some you might not. I was surprised to see the likes of Sumo, Floorball, and Stock Car Racing represented here – it just goes to show how in-depth they go with their sports coverage that these are sports you can bet on.

There’s also an impressive array of eSports betting options, including my personal favorites CounterStrike and League of Legends.

Odds

You can switch the odds between decimal and fractional, or even choose American odds formats if you prefer. If you compare MyStake odds against some of their closest rivals, you can see they are generally competitive, albeit a little tighter in some cases.

I feel that while MyStake could definitely do more to offer a better deal, they’re not too far away from the odds they offer from other leading sports betting platforms.

Range of Bets

There’s a broad range of bets available – everything from singles through multiples, system bets, trixies, and the like. There’s also a cool Betbuilder feature, which allows you much more customization over how you want to bet. I’ve yet to use this to its full potential, but I can imagine this feature being especially useful for some customers.

It’s easy to switch between different types of bets on the betslip, with simple functionality that’s self-explanatory.

Live Betting and Streaming

I was impressed by the range of live betting markets at MyStake. There’s even a dedicated Live Sports tab, so you can flick directly to the events that are happening now, for up-to-the-second odds on the action. When I was last there, I saw a ton of soccer, basketball and CounterStrike events happening in live time, with odds quoted for each under the Live Sports tab.

Unfortunately, there is no live-streaming offering at MyStake, which I must admit was a little bit disappointing.

Betting Bonuses and Promotions

1. Welcome Bonus

Description: Deposit match worth up to €/$500 on your first deposit, at a 100% deposit match
How it works: New customers can get up to €/$500, based on a 100% match of their first deposit

• Minimum deposit is €/$20
• Reasonable wagering requirement of 10x
• Wagering on a minimum of 2 events at 1.4 odds or greater
• Available one time only for new customers making their first deposit

Experience: The welcome bonus at MyStake is pretty good. I thought the wagering was relatively low, and the deposit match limit generous. As sports welcomes go, this is right up there with the best of them. Withdrawing from the bonus was easy too – I met the wagering comfortably to withdraw my winnings in BTC.

2. Reload Bonus

Description: Deposit between €/$20 and €/$350 for a 35% reload bonus on subsequent deposits.
How it works: Reload your account with between €/$20 and €/$350 for a 35% deposit match, up to a maximum of €/$125.

• Minimum deposit is €/$20
• Reasonable wagering requirement of 7x
• Wagering on a minimum of 2 events at 1.4 odds or greater
• Available on a recurring basis for subsequent deposits

Experience: Reload bonuses are available as standard here, another good feature of MyStake over other crypto sportsbooks. With 35% deposit match bonuses on your sports reloads it feels like MyStake is always looking for ways to reward its more loyal customers. A win for me as someone who likes to bet frequently.

3. Bet 3 Times, Get a Free Bet

Description: Bet 3 times through your account and get a free bet worth the average (mean) of your stake across your first three bets.
How it works: Place three bets in your account. You’ll receive a free bet calculated at the average of your first three bets.

• Maximum free bet is €/$/$100
  
• Get 15% of the average of your three bets as a free bet
• Single and system bets are excluded
• Participating bets must be a minimum €/$10 across a minimum of 3 positions at odds of 1.3 or greater

Experience: This is a pretty cool free bet bonus, giving you extra in return for betting regularly through the platform. I didn’t win on my free bet, but I appreciated the offer – for me, I got a €/$30 free bet on my fourth bet. It’s a good retention offer with some pretty generous terms.

Limits

The limits in force at MyStake are pretty low for a crypto betting site. At just €/$15,000 maximum withdrawal per month, this is going to cause high rollers some issues. But for the most part, the €/$7,500 weekly limit will be fine for small, casual betting.

The minimum deposits and withdrawals are also higher than I’d like at €/$20 or equivalent. There are also very limited responsible gambling tools here, so be extra careful in managing your own deposit limits and play frequency.

MyStake Esports

Games – Over 10 Esports

One of the main highlights for me with MyStake is the sheer number of options available for eSports betting. If you’re into eSports like me, it’s a joy to see the likes of Rocket League, Overwatch, and Arena of Valor alongside CounterStrike, League of Legends, and Dota 2.
Tournaments

MyStake has odds on all major eSports tournaments, including in-play events for live betting. The matches are all shown down the left-hand side on the eSports tab, which makes it easy to find anything you’re looking to bet on.

Odds

The odds on the eSports side actually feel pretty good, and broadly in line with what I’ve seen on other bookmakers. It’s impossible to know if this holds true for every tournament and match, but from quick comparisons, MyStake looks to be competitive with its odds for eSports.

Live Betting and Streaming

Live betting options are plentiful, but again, there’s no live streaming option. This is definitely something for MyStake to work on in the future – especially if they are to capitalize on the impressive eSports offering they already have.

eSports Betting Bonuses and Promotions

eSports Welcome Bonus

Description: Equivalent to the usual welcome bonus, 100% match up to €/$500
How it works: If you’re betting on eSports, you can get up to €/$500 as a new customer, based on a 100% match of your first deposit amount

• Minimum deposit from €/$20
• Wagering requirement of 10x deposit + bonus
• Wagering on a minimum of 2 events at 1.4 odds or greater

Experience: There’s a specific bonus here for eSports betting, which mirrors the general sports welcome bonus. The wagering requirements are very reasonable at 10x. While I chose the main sports bonus for my signup, the eSports bonus is an equally generous welcome package for new customers.

How Did I Connect with MyStake Customer Support?

Live chat is the easiest way to reach support at MyStake. If you click on the live chat button at any time of the day or night, you’ll find a willing support agent on hand to help resolve your issue.

Alternatively, email support is available via support@mystake.com.

Licence and Security – Is MyStake Safe & Legit?

One of the most common questions people ask me about MyStake is if it’s safe and legit.

If you want my honest opinion, I’d say this is amongst the most safe sites out there, on account of its Curacao license.

Curacao is now a stronger regulator than it has been in the past, and any sportsbook that maintains its license is a safe bet for an honest, trustworthy place to bet.

From a security point of view, MyStake is robust.

Full encryption technology protects your logins, as well as ensures payments are safe – no matter which payment methods you are using.

Reputation – What do MyStake player reviews say?

MyStake has a surprisingly strong reputation amongst its players online. AskGamblers has a player rating of 8.8 over 355 reviews, while Trust Pilot has a 4.6 out of 5 rating across over 21,000+ reviews.

Casino Guru has MyStake at 8.6 out of 10 on its security index, though there are some players there who have had a bad experience – mainly on the casino side.

User Berkoo from Denmark was furious after €/$36,000 in winnings were canceled for a bonus violation, while Marttipastak mentioned the high deposit and withdrawal minimums, which I suppose could be an issue for some players.

Nejo242 praised the simple interface and easy access to sports betting, while Sean from the UK was happy with a successful withdrawal that took just a couple of days to reach his bank account. Players are generally reporting good things about MyStake, which aligns with my own experiences here.

Restricted Countries

The following countries are blocked from betting at MyStake. If you’re in any of these countries, you will be unable to sign up or deposit to an account with MyStake.

United States of America, the United Kingdom, Spain, France, French Guiana, French Polynesia, Netherlands, Saint Martin.

MyStake Commitment to Responsible Gambling

I was surprised to see that MyStake had very little in the way of responsible gambling tools. Aside from self-exclusion, which is now available at basically every online betting site, there wasn’t much here for controlling your gambling. No time limits, and no deposit limits.

I’d like to see MyStake do more here. Without the usual array of tools, you need to take extra care when managing your own deposit and spending limits.

Did I Have Any Problems Playing on MyStake?

I haven’t personally experienced any issues with playing on MyStake, but I can see that some players have had problems along the way. Issues with customer support for example, or with falling foul of bonus terms, tend to crop up often in complaints about MyStake. The platform itself is seldom the issue – but customers do report problems from time to time with their bonuses and customer support interactions.

How Does This Crypto Sportsbook Stand Out From Competitors?

MyStake compared to BC.Game

MyStake has the edge for me over BC.Game, despite being a much less well-known platform. I feel that MyStake is better as a sports platform, while BC.Game tends to excel as a crypto casino. I prefer the bonus structure at MyStake too, which is a lot more straightforward. While BC.Game does have a lot to offer, particularly in customer support, and in its highly impressive casino offering, the sports lineup and odds feel more comfortable for me at MyStake.

MyStake compared to Stake.com

Don’t be fooled by the similarities in the name – these two are unrelated platforms. While both offer support for a range of cryptocurrencies, Stake.com offers options for more niche coins. I’d say I prefer the eSports betting options at MyStake, though the odds are roughly equivalent for most eSports matches I checked. The bonuses at MyStake are a little more reasonable in their terms, but Stake is a market leader for a reason. It’s a toss up for me between these two, both of which are excellent for crypto sports betting.

Why Did I Give MyStake Crypto Sportsbook a Rating of 4.2?

My job reviewing MyStake boils down to giving a rating, based on our TOPScore ranking system. For me, this nets out at 4.2 out of a possible 5, a solid score compared to many of the other sportsbooks I’ve reviewed.

There’s still room for improvement. Odds could be slightly more competitive at points, and the minimum withdrawal threshold feels needlessly high. Most importantly, the withdrawal limits are very low for high rollers.

But on the whole, this is a really impressive crypto sportsbook, and one I have no hesitation in recommending.

This checks out with reviews from elsewhere, which find MyStake to be well above average. AskGamblers has it at 8.8 out of 10, while Trust Pilot lands at 4.6 out of 5.

My Final Verdict – Do I Recommend Betting at this Sportsbook?

I really like what I’ve seen of MyStake. The selection of sports is broad, and I’m certain most punters will find as many sports and markets as they want from the lineup on offer. The eSports markets give this a competitive edge, especially with such extensive coverage of major CounterStrike and League of Legends tournaments.

The bonuses, free bets, and other promos are attractive with fair terms, and the ease of payments by major cryptocurrencies like Bitcoin, Ethereum, and Litecoin will serve most crypto gamblers well.

While there’s work to be done on the odds and the withdrawal limits, it’s not a massive deal for most casual gamblers. As such, I’m happy to offer my recommendation to others who want an excellent crypto sportsbook with fast payments and a wide range of sports on offer.