MyStake’s Space-Themed VIP System Clarified

OnyxioN B.V. runs MyStake, a crypto gambling site this operator of Locasbet and Rolletto established in 2019. It implements the Upgaming sports betting solution, and do not let this hub’s somewhat amateurish design flaws fool you. It has plenty to offer, including live streams, a terrific selection of football markets, quality support, and different bonuses. On top of this, it also has a loyalty system that we will be analyzing here, explaining to you how it works in detail.

If you have not checked out MyStake, please do, it is one of our top reviewed crypto sportsbooks, and a brand that many online gamblers are still unfamiliar with, but is loads better than other high-profile platforms that have captured the limelight in recent years. With that said, let’s clarify what gets offered here for frequent betting fun.

Your Path to MyStake VIP Rewards

At MyStake Crypto Casino and Sportsbook, you instantly participate in this site’s VIP loyalty system. It is a scheme that revolves around point accumulation. You earn credits by gambling on this hub, with slot, mini-game, and sports gambling giving you one VIP point for every $100 you wager on this site.

Note that if you plan on participating in some live dealer action here, doing such wagering at MyStake will not result in you attaining any VIP benefits, as no points can be earned through live casino bets. For the other types of gambling, 1% of your wagers get contributed toward your VIP tally, with points collected through sports betting getting awarded only after the bet’s outcome has been decided. Excluded from this system are wagers on specific games. These are roulette slots, double option spinner, and video poker. You can look at other MyStake promos, casino ones for these. Additionally, if you’re playing a mini-game and cash out with odds lower than 1.3x, you won’t earn any VIP points. You will collect VIP credits at 0.5% if you are gambling with an active bonus. So, during this period, your accumulation rate will be halved.

The MyStake VIP Levels: Traveling Through a Galaxy of Rewards

We used this subheading title because the MyStake VIP system is built around the concept of a galactic journey. How does that work? Well, each VIP level within this scheme represents a different planet in our solar system. You begin your MyStake VIP journey on Pluto, which is the initial tier of this system, and you progress through the VIP ladder on this site by earning more VIP points. Each level unlocks increasingly more valuable rewards, with the last one being Sun, the tenth one.

At Pluto, a level where you stay in with anything below five hundred points, you only get a welcome bonus. For sports, here you get a 100% match up to $500 on your first deposit. It requires a minimum deposit of $20, with the promo funds awarded not being applicable to outright position bets like racing. This is a deal that comes with an x10 rollover on the deposit and bonus, fulfillable with wagers on at least two events with odds of 1.4 or higher. You have thirty days to use this offer, or it will get forfeited.

When you accumulate more than five hundred points, you attain Neptune status, which will unlock a 2% Rakeback and fifty free spins. Your journey then continues through this gambling solar system, with each planet offering more generous rewards. By the time you reach Level 5, or Jupiter, with 25,000–40,000 points in your tally, you will get a VIP Manager, two hundred free spins, and a 7% weekly cashback.

There is no milestone for you to hit to get the Sun rank. Sun-level gamblers get handpicked by the site staff at MyStake, and they get a 10% Rakeback, custom benefits, and exclusive rewards.

The chief mechanism of this VIP system is the increasing Rakeback and Cashback. Starting at Level 3 (Uranus), you begin benefiting from weekly cashback, beginning at 5% and rising to 13% by the ninth level, or Mercury. Rakeback similarly starts at 2% and increases steadily, with the top tier, as mentioned above, offering a 10% rebate of this kind.

Free spins are another notable benefit of this scheme, with these gratis gaming rounds getting automatically credited upon you reaching a new level. The great thing about them is they come with no wagering requirements attached. Hence, you can take out your winnings immediately.

Types of Points & Point Redemption

Your MyStake VIP points get tracked in two separate bars. So, you have Lifetime and Current points. Lifetime points reflect your overall progression, while Current ones determine the amount of cash you can redeem at any given time. For example, at the Jupiter tier, or level five, you can exchange five hundred points for $25, thanks to the 5% Rakeback rate at that level.

You can redeem points for cash at any time if you have accumulated at least 500 Current points. Redeeming points does not affect your Lifetime tally. That one will remain intact and continue to determine your VIP level, even if your Current points balance drops to zero. So, this system allows you the option and the flexibility to cash out whenever you wish without jeopardizing your overall VIP standing.

Important Tidbits of Info

Attempt to manipulate this VIP program through whatever means, including strategic point-collection behavior will result in exclusion from the system.

In the site’s general terms, it is noted that the weekly and monthly withdrawals at MyStake are capped at €7,500 and €15,000, respectively. That is, unless it has gotten stated otherwise by a specific promotion. However, exceptions do get made for high-level VIPs. That will get decided at the staff’s discretion, but if you are super loyal, you may get special treatment in multiple departments.

If you win more than €15,000 on this platform, your payout will get split into monthly installments, and this gambling website has a maximum win limit of €100,000 per bet, which is pretty standard. According to them, this cap ensures that the system remains sustainable while still offering generous payouts for users.

Top Bitcoin Betting Sites