Stake and Mystake are both very popular sportsbook and casino platforms that are drawing more and more players. In this article we are going to cover the main positives and differences between the two gambling platforms.
Stake: Company Info
Stake.com is a popular online cryptocurrency casino and sports betting platform Owned by Medium Rare N.V. It was founded in 2017 and has since gained a significant following, particularly among users who are interested in using cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others for online gambling and sports betting. Prior to Stake launch, it’s founders Ed Craven and Bijan Tehrani have already founded one of the first crypto gambling site primedice.com and Easygo (company developing games for online casinos), which eventually led to establishing www.stake.com in 2017.
Why Did Stake.com Become So Popular?
Stake.com has become popular for several reasons, including its innovative approach to online gambling, its focus on cryptocurrency, and its user-friendly interface. Here are some key factors contributing to Stake.com’s popularity:
- Cryptocurrency Integration: Stake.com was one of the early adopters of cryptocurrency in the online gambling industry. By accepting various cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others, Stake.com attracted users who preferred the anonymity, security, and convenience of using digital currencies for online transactions.
- Wide Range of Games: Stake.com offers a diverse selection of games, including traditional casino games like slots, blackjack, roulette, baccarat, and live dealer games. Additionally, it provides a comprehensive sportsbook section where users can bet on a variety of sports events, including popular leagues and tournaments.
- Provably Fair System: Stake offers their own provably-fair games. Stake originals include Dice, Crash, Plinko, Mines, Limbo and many others.
- Promotions and Bonuses: Stake.com offers various promotions, bonuses, and rewards to its users, including welcome bonuses, VIP programs, and Monthly bonuses based on activity of the player
- Accessibility – Stake started as no KYC Casino, where people could deposit and withdraw completely anonymous
MyStake: Company Info
Mystake.com is owned and operated by Santeda International B.V. Since it’s launch in 2020 it operated under Onyxion B.V., but since 2022 the website operated under the new name Santeda International. After it’s appearance many other sites sharing the same look appeared running on the same platform, which we have included in our MyStake Alternatives article, however to this date MyStake remains the most popular name from the group.
Why Did MyStake Become so Popular?
Although Mystake is not huge and popular like Stake, the site keeps on growing due to several factors:
- Payment methods: MyStake offers great selection of payment methods that may very depending on your location, but they include traditional and local payment methods as well as cryptocurrencies
- Wide Range of Games: The casino section has games from more than 100 casino providers.
- Provably Fair System: MyStake has Originals and Mini Games section that features Provably Fair Games
- Promotions and Bonuses: By providing bigger bonuses for new clients than the norm in the industry, MyStake managed to catch the eye of the players. Both sports and casino players can claim bonuses on pretty much every deposit they make
- Accessibility – Being able to provide services in as many territories as possible is very hard for gambling operators nowadays due to regulations. The list of countries accepted in MyStake is quite big and we hope it stays that way
Stake VS MyStake Payment Methods
Stake is crypto-only sportsbook and casino. You are only able to play with Cryptocurrencies, however if you want to use Fiat money, you can also buy directly from www.stake.com using MoonPay service. MyStake on the other side provides traditional payment methods like Visa and Mastercard as well as e-wallets and cryptocurrencies. Some local payment options are also available depending on your country of residence.
Stake VS MyStake Sportsbook
Both Stake and MyStake have their own sport platform. You can find the Upgaming platform that MyStake in several other sites part of Santeda International network, but Mystake was the first one to utilize the platform. Main negative regarding Stake is that lower and less-popular leagues have very limited coverage and markets, but limits on popular leagues on the other side are unmatched. Limits compared to MyСtake are much bigger.
Stake VS MyStake Accessibility
Being both offshore gambling sites, both Stake and MyStake are available in quite many territories. However due to extreme popularity Stake had some regulatory problems and had to leave some countries. Since 2022, Stake has started operating with local licenses in UK and USA, although both local versions are kind of resized versions of the original stake.com version. You can read more about Stake accessibility in our article regarding Stake and it’s alternatives. MyStake on the other side accepts clients from almost any country available. Both sites allow usage of VPN if they are are not accessible directly in your country.
Stake Vs MyStake Verification
Althoug Stake started as a site requiring no verification at all, this is no longer the case. Players might be required to provide profile information and ID at some point, so complete annonimity is no longer an option. MyStake also requires players to provide them with verification, but the process is quite simple. Players are required to upload ID and proof of deposit in order to verify their account.
Stake VS MyStake Withdrawal Limits
If you are a highroller than your option is Stake since there are no limits on deposits and withdrawals. When playing with cryptocurrencies you can withdraw as much as you want. Although MyStake limits are quite decent, if you are playing with higher amounts of money you might face a €15,000 monthly limit.
Stake VS MyStake: Which One To Choose?
The answer is simple – both 🙂 Having more accounts is always better option in order to take advantage of more promotions, diversify your betting, or simply to find other option a certain site does not provide, but the other one does. We have compared main positives and it is up to you to decide which one suits your needs. Stake is much more popular, but MyStake is much more accessible and also provides fiat deposit options. If you want more information regarding MyStake and Stake you also check our other articles on the subject or take a look at other sites at other alternatives similar to them.
🎯 More MyStake and Stake articles:
MyStake Alternatives
Stake Alternatives and sites similar to Stake
Is Stake.com legal in USA
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