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Mystake Payment Methods Guide April 2024

by Oddspedia Experts
Last update: 26 Apr 24
MyStake sportsbook payment methods make it easy to transact on the platform. You can choose from popular debit cards like Mastercard and cryptocurrencies like Bitcoin. Depositing on the platform takes nothing but visiting the cashier and selecting a payment method. I completed the transaction once I filled in the amount I wanted to cash out. Likewise, I experienced no difficulty with withdrawals. Like depositing, I visited the cashier, selected the withdrawal option, followed the onscreen instructions, and submitted the request. Read on for my complete MyStake review of its available deposit and withdrawal methods to see if it ranks amongst the best betting sites.
Table of contents:
  1. Mystake Deposit Options and Limits
  2. Mystake Withdrawal Options and Transaction Times
  3. Mystake Payment Methods FAQ

Mystake Deposit Options and Limits

I had no problems funding my account as a first-timer on the site. MyStake sportsbook had enough deposit options to select from to make payments. Among these were popular debit cards like Mastercard and other payment systems. It accepts payments in different currencies, including EUR and USD. 

The minimum and maximum deposit limits vary with the payment method. For instance, I saw that the minimum deposit with Neosurf is $10. However, the sportsbook's minimum first deposit amount is $20. 

Like other betting sites, I selected the "Deposit" option at the top right corner of the site to fund my account. The following page contains the list of available payment methods for this transaction. I selected the preferred payment method and keyed in the amount I wanted. Once I completed the transaction, I only had to wait a few minutes for the cash to reflect in my account. 

Visa

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

MasterCard

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
10.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

Neteller

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
20.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

Skrill

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
20.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

Webmoney

 
Deposit
Withdraw
Max. limit
0.00
15,000.00€
Processing time
Instant
1 Hour
Min. limit
20.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

Sofortuberweisung.de

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
-
Min. limit
10.00€
0.00
Transaction fee
No fee
No fee
Visit Site

Bank Transfer

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
24.00 Hours
-
Min. limit
5.00€
50.00€
Transaction fee
No fee
No fee
Visit Site

PaySafe

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
-
Min. limit
20.00€
0.00
Transaction fee
No fee
No fee
Visit Site

EcoPayz

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
20.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

Bitcoin

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
5.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

QIWI

 
Deposit
Withdraw
Max. limit
0.00
15,000.00€
Processing time
Instant
1 Hour
Min. limit
20.00€
20.00€
Transaction fee
No fee
0.00€
Visit Site

Trustly

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
-
Min. limit
10.00€
0.00
Transaction fee
No fee
No fee
Visit Site

Neosurf

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
-
Min. limit
20.00€
0.00
Transaction fee
No fee
No fee
Visit Site

Ethereum

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
5.00€
24.00€
Transaction fee
No fee
0.00€
Visit Site

Ripple

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
5.00€
25.00€
Transaction fee
No fee
0.00€
Visit Site

Litecoin

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
5.00€
25.00€
Transaction fee
No fee
0.00€
Visit Site

Tether

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
1 Hour
Min. limit
5.00€
25.00€
Transaction fee
No fee
0.00€
Visit Site

What Debit Cards Can I Use at Mystake?

The only debit card that I could use on this platform was Mastercard. I found this disappointing because I expected more options like Visa and Maestro. What I found more disappointing was that it was only available for deposits, not withdrawals at the online casino. 

On the bright side, depositing with Mastercard is easy and safe. Like other payment alternatives, I only waited a few minutes for the cash I deposited to reflect in my gambling account. There were no fees for using this method for transactions.

Is PayPal Accepted?

MyStake does not offer PayPal or any other electronic wallet for Australian bettors to use for deposits or withdrawals. While I would have loved to see this payment option, I wasn't ruffled. This is because I could easily use other methods to fund my account and even obtain the sports welcome bonus. These different payment methods are trustworthy, and most apply to the deposit bonus wagering requirements. 

How To Fund Your Account

Everything You Need To Know In 5 Easy Steps!

Go To Your Sports Betting Site

Log in to your sports betting account

Visit the Cashier Page

Locate and enter the cashier/payments page

Select A Payment Method

Choose your preferred deposit method and input required details *With most sportsbooks you need to set a payment method in the registration process, this is then used for both deposits and withdrawals

Enter The Deposit Amount

Enter the total amount of funds that you wish to deposit into your sports betting account and click on the deposit button.

Confirm Deposit

Visually confirm that the funds have been added to your account balance, and then you are free to wager them. Good Luck. *The time it takes the funds to be credited to your account differs between payment methods. But the best methods will instantly credit your account

Can I Deposit with Cryptocurrencies?

Cryptocurrencies are among the payment options that I can use for deposits. These virtual currencies include Bitcoin, Litecoin, Bitcoin Cash, Ripple, Monero, Dash, and Tether. The minimum deposit I could make with Bitcoin is $20, while the maximum is $100,000. MyStake didn't specify any limit for depositing with other virtual currencies. 

Mystake Withdrawal Options and Transaction Times

The payment methods available for withdrawals at the sports betting site were fewer than those I could use for deposits. For fiat payments, I could only use bank transfers. The least amount I could cash out with this payment method is $20, while the maximum is $7,500 weekly and $15,000 monthly. 

There were a plethora of payment options to use for crypto withdrawals. Cryptocurrencies I could use include Bitcoin, Litecoin, Bitcoin Cash, Ripple, Dash, and Monero. With cryptocurrency, I could cash out as little as $70 or as much as $7,000. Other crypto options at MyStake Sportsbook had a minimum withdrawal limit of $50 and a maximum of $10,000.

MyStake processes withdrawal requests within 3 business days. However, I had to wait a few more days to get my funds via bank transfer. 

Accepted currencies
  • EUR
    EUR
  • USD
    USD
  • BTC
    BTC
  • ETH
    ETH
  • XRP
    XRP
  • BCH
    BCH
  • USDT
    USDT

Mystake Payment Methods FAQ

Can I Change the Currency in My Mystake Sports Betting Account?

Unfortunately, you cannot change the currency in your sports betting account. So, when registering at MyStake Sportsbook, select your preferred currency before completing the process. 

How Do I Withdraw Winnings From My Mystake Account?

Withdrawing from your gambling account is simple. Here are the steps to follow:

  1. Log into your MyStake sportsbook account and select the deposit option at the top corner of the screen
  2. Choose the "Withdraw money" option from the left side of the page
  3. Select your payment method and enter the amount you want to cash out
  4. Enter any other necessary information
  5. Submit the request

Are The Banking Options Suitable for Casual Betting Market Users?

The banking options on the sportsbook are suitable for casual bettors. You can deposit with options like Mastercard and cryptocurrencies. Likewise, you can cash out using bank transfer and other payment options.

Can I Use Different Options for Depositing and Withdrawals?

You can use different payment options for deposits and withdrawals. The gambling platform does not make it mandatory to cash out using the same method you use for deposits. However, pay attention to the payment limit before making a transaction. 

How Long Does a Withdrawal Take?

Withdrawals at the sports betting site can take up to three business days to process. However, the time the funds take to reach you depends on your payment methods. 

Is the Deposit and Withdrawal Limit Changeable?

You cannot change the deposit and withdrawal limit that the operator has specified. This means the minimum you can deposit and cash out is $20. Deposit limits vary with payment options, but the maximum you can cash out is $7,500 weekly and $15,000 monthly.

Are There Any Deposit or Withdrawal Fees?

There are no fees for deposits and withdrawals on the part of the MyStake sportsbook. However, your financial institution might charge you for transactions, so you should note this. 

Why Can’t I Deposit Funds into My Mystake Account?

If you cannot deposit funds into your MyStake account, you are probably entering the wrong banking details. Another reason might be that you're" trying to deposit less or more than the limit. So, double-check the details you entered on the deposit page to ensure they're correct. If you still have problems with depositing, contact customer support at MyStake Sportsbook. 

Do Payment Method Exclusions Apply for The Mystake Welcome Bonus?

There are no exclusions on the site-approved payment methods you can use to make deposits to claim the welcome bonus. In other words, you can fund your MyStake sportsbook account with any option available on the site and still claim the offer. 

How Do I Register a New Card to My Mystake Account?

If you use a debit card, you must enter your information whenever you want to deposit. This means you can easily use any card you prefer when making payments. 

What Does 3D Secure Mean?

3D Secure is a security mechanism specific to your bank. It implies that you must enter a password when making an online deposit. Only you and your bank know this password.

Does the Mystake Casino Have Different Payment Methods?

Checking on the site and with MyStake Casino reviews, the payment methods are the same that are available for the sportsbook.

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