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Shiny on the surface — but can MyStake crypto casino be trusted?
Launched in 2019, MyStake.bet is a crypto casino that packs a serious punch, offering thousands of slots, instant games, live dealer tables, provably fair titles, and even sports and esports betting. According to ahrefs, MyStake’s biggest player bases were Argentina and the United Kingdom, making up 71% and 14% of the site’s organic traffic, respectively.
In this original CoinBets review, I’m diving deep into everything MyStake has to offer. I’ll be signing up, testing the welcome bonus, exploring the payment options, playing games, checking out the VIP program, and much more. As always, I’ll be betting with real crypto to ensure an authentic player experience.
Let’s find out if MyStake has what it takes to compete in today’s crowded market.
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Casino credentials and player protection -
Bonus size, terms, and fairness
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Sign-up speed and steps
License and Security
Casino credentials and player protection
Righty, let’s start by checking out MetaWin’s credentials
MyStake crypto casino is operated by Santeda International B.V, which is based in Curacao (company no. 151296) and has a Curacao license (OGL/2024/1798/1048).
Santeda International Limited, based in Cyprus, acts as a payment agent for the platform.
The site connection is secure and the security certificate is valid
Rather suspiciously, if you access MyStake from some locations, for example, Ireland, all references to the operating company and license have been scrubbed from the footer, terms, and even the “Company Details” page. Interestingly, AskGamblers states that MyStake also has an Anjouan license, though I didn’t see any information regarding that.
Welcome Bonus
Bonus size, terms, and fairness
The MyStake casino welcome bonus is advertised as worth “300% up to €1,500”, structured as follows:
Sounds okay, but let’s check out the small print.
1st Deposit: 150% bonus up to €/$750
2nd Deposit: 100% bonus up to €/$500
3rd Deposit: 50% bonus up to €/$250
Okay, sounds reasonable, but let’s look at the small print. The minimum deposit to qualify for each bonus is €/$20 (which includes US, Australian, and Canadian dollars – despite their significantly different values!). Fair enough. But then we get to wagering requirements. Oh dear. Yep, this is one of those casinos that claims “30x” wagering when, in reality, it’s 30x the bonus + deposit. So, for the 100% deposit bonus, that makes the effective wagering requirement a whopping 60x the bonus amount!
On the plus side, each part of the bonus can be used independently. For example, you can choose to ignore the bonus for your first two deposits and only activate the third part. Also, despite the high requirements, you do get 30 days to complete wagering, which is more generous than many casinos.
Opening a New Account
Sign-up speed and steps
Getting started with MyStake.bet is quick and easy, although you can only sign up with your email – there are no third-party registration options like Google, Steam, or Telegram.
Click the red “Register” tab. Enter your name and email address. Select your country and preferred currency from the drop-down lists. Choose a username and set a strong password. Enter a promo code if you have one, then check the box to confirm you are 18+ and have accepted the Terms and Conditions and Privacy Policy. Finally, click “REGISTER”. ”
Payments
MyStake.bet accepts a range of popular cryptocurrencies and fiat payment options. But remember, whichever you use, make sure you secure your crypto properly when gambling.
Crypto Deposits & Withdrawals:
To make a crypto deposit, select the blue “DEPOSIT” tab, then select your desired payment method (scroll down for cryptos). You will be provided with your unique casino wallet address in both alphanumeric and QR code formats. Crypto deposits are not subject to limits. MyStake does not charge transaction fees for any deposits (though you will, of course, need to pay gas fees).
To withdraw crypto, select “Withdraw Money” (under your Account Menu), select the crypto you would like to withdraw. Provide the wallet address you want to withdraw to, and enter the amount you want to transfer (in USD). If all the details are correct and acceptable, click “Confirm” to begin the process.
MyStake online casino enforces withdrawal limits of 7,500 USD/GBP/EUR per week and 15,000 USD/GBP/EUR per month.
CoinBets.com Tip: Always double-check crypto wallet addresses after pasting them – you don’t want to fall victim to ‘PasteJacking’. This is when hackers exploit the copy-paste function to change wallet addresses to steal funds.
Buying Crypto
Unusually, MyStake casino doesn’t offer a way to purchase crypto on-site via third parties like MoonPay or Changelly.
Game Selection
At the time of writing this MyStake.bet review, the platform offered over 7,000 casino games from 86 providers. Overall, games are reasonably well organized into useful categories, making browsing relatively easy. However, something to note is that MyStake.bet has a hard win limit of $/€100,000 per spin, regardless of the game.
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Game variety
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Fast gameplay
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Dealer quality
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Classic tables
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Casual games
Slots
Game variety
Unsurprisingly, slots make up the vast bulk of MyStake’s games catalog. You’ll find titles from big-name providers like Pragmatic Play, BGaming, Hacksaw, and Play’n GO, plus games from smaller studios like Slotmill, GameArt, and Fugaso. The slots lineup also includes some “exclusive” titles, like Gates of MyStake from Pragmatic Play and Diamonds MyStake from Evoplay.
Browsing Megaways slots is easy because they have their own category. In total, there are around 60 titles available, including Buffalo Rising Megaways from Blueprint Gaming, Pirate Kingdom Megaways from IronDog, and Legend of Cleopatra Megaways from Playson.
Likewise, Drops & Wins, Bonus Buy, and Jackpot Games also get dedicated categories for convenience. In the latter, you’ll find slots like Jelly Reels from Wazdan, Gold Express from Booongo, and Blue Panther from Spinomenal. However, if you’re looking for the biggest progressive jackpots like the Mega Moolah series, you’re out of luck at MyStake.
CoinBets Experience
MyStake Splash (Lambda)
Whether this game is called “MyStake Splash” or “MyStake Candy” is anyone’s guess – it’s called the former on the lobby thumbnail and the latter in the game. But hey ho, as one of the MyStake exclusive slots, I figured I’d give it a go.
Basically, it’s just an off-the-shelf Sweet Bonanza knock-off from Lambda that’s been MyStake-branded. Still, it’s bright, features a bonus game, a tumble feature, and double chance (requires you to increase your bet by 25%), and is actually quite a lot of fun.
So, what happened when I played, I hear you ask? Well, it’s a highly volatile game with a theoretical RTP of 96.48%, but after betting $49, I won $58.80, making a real RTP of 118% —not bad.
And, if you’re wondering why I bet $49, I intended to bet $50 in $1 bets, but the server disconnected before the last spin. Quite annoying, but I checked and all the wins up to that point had been credited, so it’s not the end of the world.
3 Coin Volcanos (Booongo)
MyStake seems to heavily promote Booongo slots — which isn’t a brand I usually play much. So, I figured I check a new one out, and chose 3 Coin Volcanoes.
Now, I have to admit, when I first opened the game, I wasn’t expecting much, but this jackpot slot was surprisingly good. The 4×3 game grid and graphics may look simple and rather tacky initially, but give it a chance — it’s really quite an unusual game.
Indeed, it contains no regular symbols at all, and the symbols there are only pay in the bonus game — which is triggered by landing 4 symbols on any active line. However, the slot features no fewer than 5 jackpots — Mini (10.00), Minor (20.00), Major (50.00), Grand (500.00), and Royal (2,000.00) — and sticky coins. It all adds up to some pretty intense action — watch the video to see what I mean.
And how did I fare? Well, pretty good! After betting $50, I won $55.20, giving a real RTP of 110.4% – much better than the theoretical 95.66%.
Crash & Instant Wins
Fast gameplay
Various crash and instant win games, like Aero, Aquarings, and Chicken Run from Upgaming are available under the “Mini Games” category. However, other crash games, like Speed Crash from Hacksaw, Crash Hamster Crash! from Mascot, and Crash Birds from Apollo Play are mixed in with the general casino games, so you’ll need to use search to find them.
The same goes for scratch cards and other instant wins like plinko and dice games. Though in the case of the former, there are plenty to choose from. For example, there’s Cash Scratch and Chaos Crew Scratch from Hacksaw, Lost Vegas Zombie Scratch from Microgaming, and Luxor Scratch from PariPlay.
Live Casino
Dealer quality
With around 200 live dealer games available, the Mystake live casino offers a decent choice. Thankfully, convenient filters are provided: Live Roulette, Live Blackjack, Game Shows, Live Poker, and Live Baccarat.
Although Pragmatic Play Live and Evolution are both listed, no Evolution games were available at the time of reviewing. However, there were live dealer games from Amusnet, Iconic21, Lucky Streak, SA Gaming, Winfinity, Skywind, BetGames TV, ProGaming, 7Mojos, and Platipus. At the time of creating this MyStake crypto casino review, popular live games included MyStake Roulette, Dragon Tiger, Sweet Bonanza Candyland, Tao Yuan Baccarat, and Bet-on-Poker.
Table Games and Video Poker
Classic tables
A lack of categories and filters means you’ll need to search to find RNG (Random Number Generator) based video table games and video poker. However, there are plenty of games available, with many blackjack, roulette, and baccarat variants from Jili, Microgaming, Platipus, Switch Studios, 1×2 Gaming, and others.
The video poker line-up includes around 60 games. This includes Deuces Wild Video Poker from BetSoft, Fruit Poker from Amatic, Poker Ways from Spadegaming, Aces & Deuces Bonus Poker from Red Rake Gaming, and Joker Poker from Wazdan.
Bingo
Casual games
Searching for “Bingo” at Mystake delivers over 35 results, including titles like Hanuman Bingo from CQ9, Super Bingo from Jili, and 88 Bingo 88 from Belatra. The video keno range is limited to just a dozen games, mostly from Mascot, 1×2 Gaming, and PariPlay — but still, it’s pretty good compared to most crypto casinos.
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Testing transparency and randomness
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Our real-money gameplay results
Provably Fair Games
Testing transparency and randomness
As is so often the case at crypto casinos, the provably fair games found in the “Originals” category at MyStake are not original at all. For example, Aviator from Spribe, JetX from SmartSoft, and Big Bass Crash from Pragmatic are all miscategorized in the originals section. There is a MyStake Avia Masters game, but this is just a custom-branded version of the standard BGaming title.
You can find out more about provably fair games in the CoinBets Introduction to Provably Fair Gaming
CoinBets Challenge: Playing it Safe with Plinko
Our real-money gameplay results
A few days ago, I watched the original The Fast & the Furious for about the 17th time (yes, I know it’s terrible in so many ways, but movies from the early 2000s have a certain, erm, “unwoke charm” to them). And, it obviously put me in the mood, because for today’s CoinBets Challenge, I felt compelled to play Adrenaline Rush: XCrash. Now, MyStake has been cheeky and put this provably fair crash game in the “Originals” category, whereas it’s actually an EvoPlay game. Still, I’ll look past that.
So, here’s the challenge I set up — in 50 bets, could I hit a 100x multiplier? Well, theoretically, it’s possible to hit a 999x multiplier, so it didn’t seem too crazy.
But, to help protect my balance, I used a double-betting strategy, which in this case means having two cars in the race. One was set to auto-cashout at just x2, while the other was set to x100. I set 50 $1 bets for each and pushed the pedal to the metal.
And what happened? Well, what I can say is that this game is always fun. The graphics and animations — like your car getting hit by a truck, or the race being stopped by a police car, keep the action exciting. And, at one point, the multiplier reached into the 70s…
But alas, I failed to reach a 100x multiplier. In the end, after betting $100, I’d only won back $52. I guess that means I’ve got to hand over the pink slip. Oh well, it’s still a great game…from EvoPlay, not MyStake!
Virtual Sports
If you like the thrill of sports betting, but don’t have the patience to wait for real-world events, you can try MyStake’s virtual sports from Kiron Interactive.
There’s a choice of virtual football, including Bundesliga, Euro Cup, World Cup, and Champions Cup, plus Virtual NBA, Horse Racing, Dog Racing, Live Tennis, Live Baseball, and Live Cricket. All feature instant betting action and realistic graphics.
Sportsbook
Of course, the MyStake sportsbook also offers standard and live in-play betting on real-life sports, including soccer, basketball, tennis, baseball, and ice hockey. Esports betting is available too, for disciplines including Counter-Strike, League of Legends, Dota 2, Valorant, and Starcraft.
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Current bonuses and real value
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Rewards, rakeback, and VIP perks
Promotional Offers
Current bonuses and real value
In addition to the MyStake welcome offer, you’ll find various bonuses and promos available for existing players. While the specific offers will change over time, here’s what was available at the time of writing this MyStake crypto casino review:
First Week’s Cashback – Up to €300 credited to your account 7 days after registration. Covers casino slots, sports betting, and mini games.
MyStake Tournaments – Compete against other players to win free spins, free bets, and real money.
10% Loyalty Deposit Bonus – If you’ve deposited over €100 (after bonus activity/withdrawals) in the last 30 days, and meet various other criteria, you can contact support to request a deposit bonus.
10% Crypto Cashback – Cashback on all crypto deposits.
MyStake Social Media Giveaways – Follow the casino on Discord, Telegram, Twitter, and YouTube for the chance to win exclusive prizes.
Loyalty Program & VIP Club
Rewards, rakeback, and VIP perks
MyStake casino runs a fairly typical 10-level VIP loyalty program called MyStake Galaxy. You’ll earn points as you play slots and mini games, or bet on sports, at a rate of 1 VIP point for every $100 bet. Note that you won’t earn VIP points when betting on live games.
| VIP Loyalty Tier | VIP Points Required | Rakeback | Free Spins | Weekly Cashback | VIP Manager | Other Perks |
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| Level 1: Pluto | 0-500 | 0% | 0 | 0% |  | |
| Level 2: Neptune | 500 – 5,000 | 2% | 50 | 0% | | |
| Level 3: Uranus | 5,000 – 13,000 | 3% | 100 | 5% | | |
| Level 4: Saturn | 13,000 – 25,000 | 4% | 150 | 6% | | |
| Level 5: Jupiter | 25,000 – 40,000 | 5% | 200 | 7% | | |
| Level 6: Mars | 40,000 – 60,000 | 6% | 250 | 8% |  | |
| Level 7: Earth | 60,000 – 80,000 | 7% | 300 | 10% | | |
| Level 8: Venus | 80,000 – 100,000 | 8% | 350 | 12% | | |
| Level 9: Mercury | 100,000 – 150,000 | 9% | 400 | 13% | | |
| Level 10: Sun | Invite Only | 10% | Custom | Custom | | Custom |
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Quality and Speed
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Navigation, layout, and performance
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Gameplay and usability on mobile
Player Support
Quality and Speed
Like most crypto casinos, MyStake.bet provides 24/7 live player support via live chat. You can also email support@mystake.email if you prefer. Beyond that, support is limited to a basic FAQ section providing information about things like registering and withdrawal limits.
You can also connect with MyStake.bet via social media, including Discord, Telegram, and X (Twitter).
User Experience & Website Design
Navigation, layout, and performance
Visually, MyStake is a bright, attractive place to be – but (there’s always a “but”), I found that pages were extremely slow to load. Maybe it was just an off day, but it was quite frustrating. Other than that, everything is laid out logically and seems to work well enough. The terms and conditions for the various promos are readily available, so that’s a big plus.
Unfortunately, as is so often the case at crypto casinos, MyStake fails miserably when it comes to responsible gambling. Of course, there’s a page linked from the footer with some extremely basic blurb, and you can request self-exclusion, but that’s it. There are no convenient safer gambling tools, so you can’t set deposit, loss, wagering, or time limits.
In addition to English, MyStake is available in:
Mobile apps
Gameplay and usability on mobile
In common with most contemporary crypto casinos, MyStake doesn’t offer a dedicated mobile app for iOS or Android devices. However, the web platform is optimized to run smoothly on mobile browsers, so you can still enjoy mobile gaming using your smartphone.
Overall Reputation
So, what do players think of MyStake crypto casino? Well, here are some ratings from popular review platforms:
| Platform | Overall Rating | Notes |
|---|---|---|
 | 4.3/5 Great | 25,433 reviews |
 | Overall: 9.6/10 Safety Index: Very High User Feedback: Mixed | 75 user ratings |
 | CasinoRank: 5.8/10 Player Rating: 9.2/10 | 883 reviews |
 | Overall: 4.41/5 |
Now, at first glance, they seem pretty impressive, right? Well, assessing the reputation of any crypto casino is becoming increasingly difficult. On the one hand,most casino review sites are run by affiliate marketers, and on the other, review sites like Trustpilot have been fake scam reviews from AI bots.
For example, a closer look at the Trustpilot raises some suspicions. For one, although the vast majority of “reviews” are 5-star (79%), many recent reviews are extremely negative. One possible explanation is that, initially, the casino may have maintained an intensive marketing campaign utilizing fake positive reviews, and as soon as it “took its foot off the gas,” the genuine reviews started to dominate.
The Casino Guru rating is troubling, too. Despite the official review rating it 9.6/10, much of the user feedback is bad or poor. Again, you need to keep in mind that Casino Guru is operated by iGaming affiliate marketers who have a financial interest in promoting casinos.
MyStake
MyStake looks solid at first, but red flags in bonuses, licensing, and reviews make it hard to trust.
Verdict
So, what’s my final take on MyStake?
On the one hand, it looks pretty good, supports plenty of crypto and fiat payment options, and has a good choice of games.
However, there are red flags. The nasty welcome bonus wagering, slow website and use of mirrors, questionable licensing, missing company information, lack of responsible gambling tools, and highly suspect reviews and ratings.
Basically, if you do decide to give MyStake a go, proceed carefully — consider keeping your balance low and making frequent withdrawals.
But hey, that’s just what I think. Have you played at MyStake? Why not write a CoinBets review and share your thoughts with the player community?
Thanks for reading, and until next time, stay safe and have fun!
| Category | Score (1-5) | Weight | Weighted Score |
|---|---|---|---|
Overall Reputation
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2.5 | 15% | 0.375 |
Size and Revenue
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2.5 | 10% | 0.25 |
Deposits & Withdrawals
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3.0 | 15% | 0.45 |
Bonuses & VIP Program
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2.0 | 15% | 0.3 |
Fairness of Terms
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1.0 | 15% | 0.15 |
User Experience
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1.5 | 20% | 0.3 |
Crypto-Specific Features
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1.5 | 15% | 0.225 |
Final Score
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2.05 / 5 |
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