Mystake

Steven D. Thompson

Updated:

Welcome to our comprehensive MyStake review – a crypto-friendly bookmaker that ticks the majority of the boxes for a world-class South African bookmaker! MyStake is licensed and regulated by the Government of Curaçao in 2020, so it is one of the most experienced names in the industry. Let’s take a look at what the buzz about MyStake is in South Africa!
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18+ | Gamble responsibly | GambleAware.org | T&C
Established: 2020
Minimum Deposit: $3
Licenses: Curacao
4.5/10 Betpack Rating

Mystake Review

Mystake Pros & Cons

Pros

Pros

  • Hefty welcome bonus for new punters
  • 100% secure operator
  • Fast withdrawals with various cryptocurrencies
Cons

Cons

  • No mobile app
  • No live streaming for all sports
  • No phone contact

Mystake Overview

Licenses
Curacao
Languages
English, Italian, Swedish, Russian, Spanish, Finnish, French, German, Portuguese
Established
2020
Loyalty/VIP Programme
No
Bonus
3+1 Free Bet
Mystake Extra Features
Bonuses, Tournaments, Casino
Withdrawal Limits
R400 Per transaction

Mystake Bonus

Bonus code
N/A
First Deposit Bonus
3+1 Free Bet
Minimum Deposit
$3
Minimum Odd
1.4
Period
N/A
Bet type
All
Excluded bonus payment methods
Maximum Payout
$6250

Mystake Payment Methods

Depositing Methods
Withdrawal Methods

Mystake Extra Features

Extra Features

Available Bonuses at Mystake

3+1 Free Bet

3+1 Free Bet

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Welcome offer

100% up to 520 $

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Sports Reload Bonus

35% up to 130 $

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Table of Contents

    MyStake Bonus Offers

    MyStake provides an excellent platform for a sports betting endeavour, and the fun starts with the bonus offers. They are often the shining light and the main marketing tool online betting sites in South Africa use to attract new punters to register. Let’s review the ongoing bonuses and promotions at MyStake and see whether they are worthy!


    MyStake Welcome Bonus

    Welcome bonuses are your first point of contact with a bookmaker, so it’s essential for the site to leave a good and lasting first impression. As such, MyStake has a hefty welcome bonus awaiting newly registered punters – a 100% bonus of up to 10,000 ZAR on your first deposit!

    Once you complete the short sign-up process, you will need to deposit at least 400 ZAR into your account to qualify for the welcome package.

    Note that the bonus will be credited into your account instantly after making the first deposit, but you have to activate it manually – only then place the bet!

    If you dig deeper into the terms and conditions of the first deposit bonus and its T&Cs, you will see other valuable information such as:

    • The wagering requirements stand at 10x the deposit and bonus amount
    • The wagering requirements apply on minimum 2 events – each of which must have odds of at least 1.4
    • You have 30 days to complete the wagering requirements before the bonus expires and all your possible generated wins are lost
    • Bets on baseball, tennis, handicap and draw no-bet wagers will not count towards the wagering requirements

    As a bookie that promotes eSports, the same welcome bonus is valid for eSports enthusiasts who have just signed up!

    MyStake Free Bets

    A good free bet offer goes a long way in incentivizing players to continue wagering on different sports, and MyStake’s free bets package is one of the most ingenious in the South African betting scene.

    It has a 3+1 structure – all players who bet three times will get one additional free bet. The amount of the free bet is the arithmetic mean of the previous three bets!

    An example here will make the free bet offer much clearer – let’s say you place 400 ZAR, 600 ZAR, and 800 ZAR bets consecutively. Then, you can expect the fourth bet to be a free bet offer with a 600 ZAR value – the arithmetic mean of the previous three bets.

    Note that the minimum deposit rate here is lower than the welcome bonus – to trigger the free bet package, you need to wager at least 200 ZAR on at least 3 events with odds 1.3.

    Single and system bets don’t count for the free bet offer, with the maximum amount of the free bet being 2,000 ZAR

    MyStake VIP Program

    All loyal players at MyStake are entitled to receive a 10% Loyalty Cashback promotion by satisfying the following criteria:

    • The sum of your total deposits must be above 2,000 ZAR;
    • Free bets are not considered as part of the promotion;
    • The maximum cashback you can receive at once is 1,000 ZAR;
    • The bonus is valid for 15 days.

    Reload Bonus

    Moving on, the 35% reload bonus of up to 2,500 ZAR is there to boost your potential profits – should you decide to claim it.

    You can trigger this bonus by wagering at least 400 ZAR into your account and then activating the bonus manually. The wagering requirements of the reload bonus are more user-friendly – you need to play through the bonus and deposit amount 7 times on at least 2 events with 1.4 odds before you request a withdrawal.

    Once you claim the reload bonus at MyStake, you have 30 days to play through the amount, but bets on baseball, tennis, handicaps and draw no-bet wagers won’t count towards the wagering requirements. The maximum bet per betslip is 2,000 ZAR.

    Bet Builder

    Do you like the idea of creating your own market? If so, then MyStake has the perfect feature for you – the bet builder. It is an innovative function that allows all registered users to craft their unique markets from one game into a single bet – even the ones you may have thought are incompatible!

    The main rules for using the bet builder function at MyStake require you to:

    • Integrate a maximum of 10 markets from a single sport
    • Accept that there are no edit bet and cashout functions available
    • Know that one losing selection means the whole bet is a losing one
    • Understand that if a game is postponed or void, the whole bet is the same
    • Know that you will win only if all selections win.

    Tournaments

    From time to time, MyStake organizes tournaments in which you can win free bets. You can then use the free bets on pre-selected games from the sports betting section. Note that the tickets with your free bets must contain at least 3 events with minimum odds of 1.3

    The exact nature of the tournament will be specified by MyStake, so stay tuned for all developments in the promo section!

    Social Media Giveaways

    MyStake has a strong presence on all social media platforms, so by following them, you might be among the lucky free bet winners from time to time! Free bets here have the same T&Cs as the standard 3+1 free bet offer mentioned above.

    Crypto Cashback

    One of the reasons why MyStake ranks high among our crypto-friendly bookies in South Africa is that it offers special promotions for all users who use cryptocurrencies.

    As such, all your crypto deposits during the month will be added together and you will be eligible for 10% cashback on your losses. That is not all, as the other perks of this promotion include:

    • No wagering requirements
    • No maximum bet
    • Mo maximum withdrawal limits
    • Instant withdrawals

    MyStake Design & UX

    The website design is a key way for a bookie to “sell itself” to its potential customers. No one likes overcomplicated designs with buttons everywhere and colours flashing around.

    The struggle for bookies is to make the website look neat and tidy but with all functionalities just a click away. We have to say that MyStake has succeeded in that, as the website will serve no problems to anyone who loads it.

    Upon loading the homepage, you will notice that the most important sections are on the top of the screen. Then, just click on the Sports section and boom – all the sports will flash instantly, alongside promotional materials on the bookie’s ongoing bonus offers.

    As for the colours, black and blue are the dominating ones, which may seem like a bit of a dark choice when reading it here, but your perception will change as soon as you open the website!

    Mobile bettors can also look forward to a pleasant UX. The colours are the same as in the desktop version, with slight changes in the menu structure. Here, you will find all the sports in the hamburger menu on the top-left side of your screen.


    MyStake Sports

    The comprehensive sports section at MyStake will ensure you never enjoy a dull betting adventure. All the sports are listed on the left side of your screen, and you can narrow down the games by using the time filters. Let’s check out the sports South Africans love to bet on at MyStake.

    Football

    Ever since the historic World Cup in 2010 that was held in South Africa, football in the country has gone in one direction – upwards.

    As is the case with plenty of African countries, football is a sport that unifies different communities in South Africa. Players such as Steven Pienaar are great role models for every young prospect who seeks to make their name.

    Therefore, MyStake puts great focus on football bets, and it allows you to wager on all domestic and international competitions:

    • The Premier Soccer League in South Africa
    • English Premier League
    • Bundesliga
    • Serie A
    • Champions League
    • La Liga
    • MLS

    Regardless of whether you are attracted by the crazy scoring numbers of Cristiano Ronaldo in Saudi Arabia or you love the little magician Messi – you can bet on every niche and widespread football league in the world.

    Athletics

    In close second place in terms of popularity in South Africa, we have athletics. The most prominent name here would probably the Caster Semenya, and at the moment, there are over 2 million people who seek to follow in his footsteps.

    Nurturing athletic talents is a key strategy in South Africa, and the country is never short of people who compete at the highest levels of all athletic divisions.

    The country will surely continue to flourish on the global stage, and if you are interested in backing them, you can always place various wagers under the Olympics tab among MyStake’s sports!

    Cricket

    You might be surprised, but cricket shares a great portion of popularity in South Africa. There are more than 200,000 active cricket players in the country – all looking to break into the Proteas – the national team in South Africa.

    You will find a host of cricket events to wager on at MyStake, with the T20 World Cup, Indian Premier League, and the domestic T20 League just a few honourable mentions here.

    Basketball

    Lastly, the fourth most prominent sport in South Africa and one with a rich betting offer in MyStake is basketball. It is still far from the top three sports in terms of viewership in the country, but the numbers are growing with each passing year.

    The South African youth is especially fond of basketball, and if you are a betting enthusiast for the sport, some of the leagues available at MyStake are:

    • NBA
    • Euroleague
    • Champions League
    • ABA League
    • Champions League

    MyStake Betting Markets

    If you think that the sports offer at MyStake is world-class, wait until you see the betting markets you can utilize! Regardless of which sport or game you choose, you will never be short of options, so let’s make a few examples, so you know what you are dealing with.

    Football betting is the first example. Any football event will feature the standard betting markets, such as total goals, handicaps, half-time/full-time, etc. but you can also utilize more niche markets, such as:

    • Player speciality bets
    • Fast markets
    • Goals specials
    • Teams specials
    • Cards
    • Fouls
    • Shots
    • Saves
    • Winning method

    Up next, when the Olympic Games start, you will enjoy an abundance of sports betting markets, but before it does, you can only utilize the outright markets. For now, you will have to bet on which nation will emerge as the one with the most gold medals.

    Cricket is also rich in betting markets, as it allows you to place outright bets, alongside match winners and handicaps.

    Let’s switch our focus to basketball now. Basketball is among the sports you can use for your bet builders, but that is not all. Alongside football, basketball evidently has the richest betting markets section at MyStake, with some of the available betting markets being:

    • Match result
    • Draw no bet
    • Totals
    • 1st half, 2nd half
    • Handicaps
    • Overtime specials
    • Odd/even

    MyStake allows you to wager on virtual sports, eSports, horse racing and greyhound racing. Live streaming is available for virtual sports.

    In-play betting & Live Betting

    Live betting is a big attraction to plenty of South African punters as they seek to utilize the likelihood of increased odds compared to the pre-match offer.

    A general rule of thumb is that live odds favour bettors much more than pre-match odds, so if you have the required sports knowledge and eye for detail, then the live betting section at MyStake is the right place to be!

    The Event View section is where all the games currently going will be displayed. Then, a sheer variety of betting markets will await - from player specials all the way to the next goal, winner of the game, extra time, overtime bets, and so on!

    MyStake Odds

    All of the above-mentioned will fall into the water if MyStake doesn't have competitive odds that South African bettors can use to profit. Our research has shown that MyStake is on par with the biggest bookies in the market in terms of odds, which can only mean great potential profits for punters!

    MyStake Live Streaming

    At the moment, live streaming is only available for virtual sports at MyStake. It is one of the rare negatives we can attach MyStake, but should this change in the near future, our experts will update this section accordingly!

    MyStake Mobile App

    MyStake is 100% optimized to run smoothly on all mobile devices, but there is no mobile app at the moment. Nevertheless, we encourage you to load MyStake’s website from your mobile browser, regardless of your location.

    You can log in with your existing credentials, and then proceed with claiming bonuses, constructing bet slips and making payouts at your convenience!

    How to Register at MyStake

    You now have almost all the information you need, so all that is left for you is to register and start betting. To do so, kindly follow the guidelines below!

    • Estimated Time Needed: 10:00
    • Tools Needed: Account
    • Supplies Needed: Time, Money
    Locate and Click the Red Register Button Step 1

    Locate and Click the Red Register Button

    Begin by identifying the red Register button located prominently at the top of MyStake's homepage. Click on this button to proceed to the registration form.

    Complete the Registration Form Step 2

    Complete the Registration Form

    Fill in all required fields on the form, including your full name, email address, country of residence, preferred currency, username, and password. After entering your information, click on the Register button to submit your registration.

    Check Your Email for a Confirmation Message Step 3

    Check Your Email for a Confirmation Message

    Shortly after submitting your registration, you will receive a confirmation email from MyStake. This is an essential step in the process.

    Verify Your Account Step 4

    Verify Your Account

    Open the confirmation email sent by MyStake and follow the instructions contained within to verify your account. This step is usually quick and straightforward, completing your registration process.

    MyStake Customer Service

    MyStake allows all users who have queries or betting problems to get in touch via email and live chat at any time. Our experts tested the contact channels and we are content with the response rate. Email inquiries can take up to 24 hours, but live chat is instant!

    We also noticed a FAQ section on MyStake’s homepage, but we were disconcerted at how thin it was, so there is still room for improvement there.

    Claim the Welcome Bonus & Bet

    You are all set for the welcome bonus mentioned above! Choose your payment method, deposit at least 400 ZAR and bet on your favourite events!

    MyStake Payment Methods

    As stated above, the minimum deposit amount at MyStake is 400 ZAR, while the maximum varies, depending on the payment method you use. Speaking of payment methods, you have an array of options for your transactions:

    • Visa
    • MasterCard
    • Neteller
    • Diners Club
    • WebMoney (not available for withdrawals)
    • Bitcoin
    • Discover
    • PayOp (not available for withdrawals)
    • Payz
    • Qiwi
    • Skrill
    • Paysafecard (not available for withdrawals)
    • JCB
    • Interac
    • MiFinity
    • AstroPay
    • Jeton

    The policy is very similar when it comes to withdrawals – the minimum amount you can withdraw is 400 ZAR, but the maximum varies – 150,000 ZAR per week and 300,000 ZAR per month for all players. Note that there might be some changes to these limits, depending on your VIP status on the site.

    Is MyStake Safe?

    MyStake utilizes the latest SSL encryption software to protect punters from unauthorized hacker attacks. No unwanted third party can ever obtain access to your sensitive data at MyStake, so you are as safe as it gets!

    MyStake Gaming License

    MyStake’s license further emphasizes the company’s determination to offer a safe gambling platform for punters.

    Santeda International B.V. owns MyStake, and it is a company licensed by the Government of Curacao under license No. 1668/JAZ.

    MyStake Review Conclusion

    A wide range of bonuses and promotions, rich betting markets, a crypto-friendly site, and a comprehensive sports section – what more could you ask for from a bookie?

    The biggest compliment we can give MyStake is that it surely lives up to its hype. MyStake constantly improves and pays close attention to bettors’ feedback, so it definitely has the potential to solidify its position as a top choice for South Africans!

    Frequently Asked Questions

    Does MyStake have a Gambling License?

    MyStake is licensed by the Government of Curacao since 2020, so it is a 100% legit operator.

    Which Payment Methods are Available at MyStake?

    Both fiat and crypto payment methods are available for deposits and withdrawals at MyStake. Bitcoin, Visa, MasterCard, Skrill, Neteller, WebMoney, Jeton and AstroPay are just a small portion of the payment methods list at MyStake!

    Does MyStake have a Mobile App for Android and iOS?

    Even though MyStake is a 100% mobile-friendly bookie, it still hasn’t released a mobile app.

    What is the Maximum Payout at MyStake?

    All players can withdraw up to 150,000 ZAR per week and 300,000 ZAR per month.

    Is Live Streaming Available at MyStake?

    Yes, but only for virtual sports. The other sports don’t have live streaming as a function.

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