MyStake Canada review 2025

MyStake Canada launched in 2020. The site is operated by Santeda International B.V, which possesses licenсe no. OGL/2024/1798/1048, as issued by the Curacao Gaming Control Board.

This bookie offers low odds margins, free live streaming, and access to over 40+ sports and competitions. Perks like boosted odds, VIP rewards, and a steady stream of regular promotions provide ongoing added value. Keep reading this MyStake review to learn all you need to know about this popular Canadian bookie.

Pros and cons

Sports coverage

You can bet on 40+ sports at MyStake Canada, which aligns with most other top Canadian bookmakers. MyStake covers all mainstream sports like ice hockey, soccer, cricket, American football, and basketball, as well as niche sports like kabaddi, hurling, and darts. You’ll find over a dozen eSports, including Valorant, King of Glory, and League of Legends.

Betting markets

Betting menus at MyStake Canada are jam-packed with betting options. This includes all primary markets and a diverse range of secondary markets. For example, English Premier League matches routinely serve up over 150 options, including Correct Score, Winning Margin, and Clean Sheet. The MightyTips experts have seen more robust selections of betting options, but MyStake’s offerings compare well to most top Canadian online sportsbook sites.

Football markets

The American Football tab features the NFL, NCAAF, UFL, and CFL. NFL matches typically offer over 100 betting options. In addition to sides and totals, you can wager on things like Total Touchdowns, First Field Goal, Quarter Results, and races to 10, 15, 20, 25, or 30 points.

We found an average of 12 options per CFL menu, including Odd/Even Points, Home Totals, and Will There Be Overtime?

Hockey markets

MyStake offers odds on more than a dozen hockey leagues in over a dozen countries, including Sweden, Germany, and Denmark. This includes the SHL, KHL, DEL, and NCAA.

NHL bettors can expect to be presented with no fewer than 50 betting options per match. Moneylines, pucklines, and totals are among the most popular options, but alternative spreads, Highest Scoring Period, and Correct Score are trendy too.

Basketball markets

MyStake covers 15 basketball leagues in 10 countries. You can expect access to over 100 betting options for NBA games, which is more than many competitors offer. Quarter betting, alternative spreads and totals, and an abundance of game props are just the beginning. The variety of player props is outstanding. You also have several other leagues to bet on, including NCAA, WNBA, EuroLeague, and Liga ACB.

Soccer markets

You can bet on over 100 soccer leagues in 75+ countries at MyStake. It covers all of the top leagues, like EPL, Champions League, and MLS. These leagues typically generate over 150 betting options, like Correct Score, Highest-Scoring Half, and a variety of specials and player props. This also holds true for lesser-known leagues, including Brazil Serie A, Croatia’s HNL, and the Swiss Super League.

Betting odds

An odds margin of 5% to 5.5% on primary betting markets is generally seen as competitive in the Canadian market. We found that MyStake’s moneylines for mainstream events tended to offer the lowest margins. They average about 5.25%. However, we did find much lower margins for MLB moneylines. They hover around the 4.5% to 4.75% mark.

Football odds

Odds margins for NFL moneylines usually range between 5% and 5.5%. However, the margins for NFL spreads and totals typically fall in the 6% to 6.5% range. Meanwhile, secondary markets have margins of 7% to 8%. CFL fans are looking at margins of 7% to 8% on moneylines, spreads, and totals. This is consistent with the NCAAF margins. 

Hockey odds

The NHL moneyline margins are high. We’re talking 7%-plus. For totals and pucklines, the margins are approaching the 8% mark, which isn’t very good at all. These margins are consistent throughout most secondary NHL betting markets as well as most other leagues, including KHL, Liiga, and Superialigaen. Live bettors can expect major live hockey markets to have margins ranging from 7% up to 10%.

Basketball odds

We scoured the NBA menus and found that the average moneyline margin was about 7%. For totals and spreads, they ranged between 7.5% and 8%. WNBA moneylines hover in the 6.25% range, while total and spreads ring in at about 6%. Again, this is a bit high, but not egregious. These odds margins are consistent across most basketball leagues offered at MyStake.

Soccer Odds

Primary soccer betting markets for major leagues like EPL, Champions League, and MLS have moneyline margins ranging between 5.25% and 6.25%. Meanwhile, spreads and totals have average margins of 5.5% to 6.12%. 

For smaller leagues like Vysshaya League and Belgium Division B, moneylines margins come in at 9.5%-plus, while spreads and totals were a tad over 10%. 

Live betting

MyStake’s live menus offer access to all primary markets and a strong selection of secondary markets, like Match Winner, Winning Margin, and inning/quarter/period/half betting. You can also find lots of team, game, and player props. MyStake’s live streaming feature takes the live betting experience to the next level, although it doesn’t cover many major events, like the NFL, NBA, or MLB. The live betting odds are on par with most major bookmakers. 

Statistics

MyStake Canada provides in-depth statistics for every sport and competition on the menu. You can dive into things like head-to-head stats, team stats, player stats, and even referee and stadium stats. 

You’ll see a graph symbol on the far right of each match listed on the menu. It’s directly to the right of the posted odd. You just have to click or tap on it to launch the statistics page. 

Minimum and maximum wagers

The minimum wager amount at MyStake is just CAD 0.10. The maximum bet amount can vary depending on the sport. Major events like NHL, MLB, and EPL matches offer much higher limits than niche events, like badminton or darts.

Instead of capping bet limits, MyStake caps the maximum win amount for single bets and parlays at CAD 200,000, which is low when compared to the top dogs.

Key features

• Free live streaming available for select sports and events
• Cryptocurrency support including Bitcoin, Ethereum, Dogecoin, and more
• Low odds margins as low as 4.5% on select MLB moneylines
• Fast payouts, with crypto processed instantly and fiat in under 24 hours
• Thousands of betting markets across 40+ sports and 100+ competitions
• Weekly cashback, reloads, free bets, and a 120% welcome bonus
• Full mobile access with a responsive app for iOS and Android users

Terms and Conditions

The link to MyStake’s terms and conditions is displayed at the bottom of the main page, under the “Help” heading. You must agree to accept these terms and conditions when you register. 

Among other things, the T&Cs tell you what you can and can’t do. For instance, the following actions could result in suspension or banishment. In some cases, you may even have to forfeit your account balance.

You may not:

• Create multiple accounts
• Place bets on behalf of someone else
• Bonus abuse
• Transfer your account to another person
• Collude with other players to gain an unfair advantage
• Irregular activity
• Underage account use

You can open your new MyStake account by following these steps.

1. Hit the red “Register” button at the top of the page to launch the registration form.
2. On the registration form, provide your full name, email address, country, and preferred currency. You also need to create a username and password.
3. Claim your welcome bonus. Simply select the bonus you wish to claim on the left side of the registration form. Hit the “Register” button after agreeing to MyStake’s Terms and Conditions.
4. Get verified. Go into your account profile and select the “Verification” tab. You can then upload the required documents and verify your email address. You’ll need a copy of your driver’s licence or passport. MyStake normally takes under an hour to verify your documents.
5. You now have a fully verified MyStake account.

Deposit methods

All deposits are free and processed instantly.

• Credit card: Visa, Mastercard
• Debit card: Interac
• Online banking: Interac
• eWallets: eZee Wallet, MiFinity, Jetonbank, Neteller, Paysafecard, eCashout
• Vouchers: eVoucher
• Cryptocurrency: Bitcoin, Ethereum, Dogecoin, USD Coin, Litecoin, Ripple, Dash, Tron, Tether

With Visa and Mastercard, the minimum deposit is set at CAD 20. All other methods have a CAD 10 minimum. Maximum deposit amounts vary. Paysafecard and eVoucher are limited to CAD 1,000, while MiFinity and Interac deposits are capped at CAD 2,000. Visa, Mastercard, and eZee Wallet provide a CAD 3,000 deposit limit, while it’s CAD 4,000 for Neteller and CAD 5,000 for Jetonbank deposits.

To make your deposit, log in and hit the blue “Deposit” button at the top of the page. You can then select a payment option, enter the deposit amount, and submit the deposit slip.

Withdrawal methods

Like deposits, withdrawals are very easy to do, and MyStake doesn’t charge you for them. However, unlike deposits, withdrawals are processed manually and can take some time to reach you. It depends on which method you use. You can choose from:

• Debit card: Interac
• Online banking: Interac
• eWallets: MyFinity, Jetonbank, eCashout
• Cryptocurrency: Bitcoin, Ethereum, Dogecoin, USD Coin, Litecoin, Ripple, Dash, Tron, Tether

The minimum withdrawal limit for all payment methods is CAD 20. You can use MiFinity to withdraw up to CAD 2,000, while Interac, Jetonbank, and eCashout allow you to cash out up to CAD 5,000. Crypto withdrawals are capped at the currency equivalent of CAD 7,500.

To collect your winnings, log in and head to the banking section. Select the “Withdraw” tab, choose a payment method, and then enter the withdrawal amount. Once submitted, MyStake will process it and send you your money. On average, MyStake processes Canadian dollar withdrawals within an hour or two, but it can sometimes take up to 24 hours. Cryptocurrency withdrawals are processed instantly.

Our experts studied all 6 sports bonuses listed at MyStake Canada. The headliner is the welcome bonus which offers a 120% match bonus up to CAD 600 when you make your first deposit of at least CAD 20. The 10X rollover is lower than most other bonuses in Canada offer.

Other offers include:

• 200% Free Bet on US Open
• Top 5 Leagues 20% Cashback
• Sports Reload Bonus
• 3+1 Free Bet
• 10% Crypto Cashback

Pay close attention to the T&Cs, especially wagering requirements, odds limitations, and time limits. We found that the wagering requirements at MyStake usually apply to both the deposit and bonus amounts. And while the betting restrictions for the welcome bonus are a little excessive, they are fairly relaxed for the reload bonus.

MyStake was created using HTML5 technology. This enables Canadians to access MyStake Canada sportsbook and all of its features using their mobile browsers. The mobile version has all of the same features and functions as the desktop platform.

If you like, you can get the Mystake app for iOS and Android when you arrive at MyStake’s mobile site. Like most Canadian sportsbook apps, it’s far faster than the desktop and mobile platforms. Pages loaded much quicker, and it wasn’t buggy. Everything was clearly labelled and easy to find. We checked with sites like Trustpilot, and we didn’t see many complaints about the platform or the app.

• Live chat: 24/7
• Email: support@mystake.com
• Telephone: N/A
• FAQs: Yes
• Social media:X, Discord, Telegram
• Supported languages: English, Spanish, Russian, German, Finnish, Swedish, French, Italian, Arabic, Czech, Thai, Tagalog

It took about 30 seconds to connect with a live support rep. He was polite and quick to answer our questions. Live chat is the most convenient contact method.

We then sent an email asking for clarification on the bonus wagering requirements. We received a thorough, professional reply in about 45 minutes. The site’s FAQs are extensive, and MyStake Canada sportsbook is also quite active on X, Discord, and Telegram. You can check them out to find exclusive offers and promo codes.

MyStake is operated by Santeda International B.V, which operates under licenсe number OGL/2024/1798/1048 from the Curacao Gaming Control Board. This licenсe doesn’t allow the operator to offer its services in several countries, like the UK, United States, and Sweden, but it can accept players from all Canadian provinces, except Ontario. It’s also available in parts of South America, Asia, Africa, Europe, and Australia. MyStake received its licenсe in 2020.

MyStake utilizes the latest and most effective security technology, including SSL encryption (128-bit TLS), a 24/7 security team, and fraud detection. All payment providers are PCI DSS compliant. If information is stored on the site’s servers, then it’s safeguarded by firewalls and access controls.

MyStake Canada sportsbook’s verification process is also a layer of security, designed to prevent identity theft and other types of fraud.

MyStake provides a variety of tools to help keep your gambling under control. You can set limits on how much you spend. You can take a time-out or self-exclude. If you want to seek advice or help, Mystake provides quick links to free and confidential gambling support groups, like:

• Gamblers Anonymous
• GamCare
• Gambling Therapy

If you would like to use any of these tools, you can contact MyStake’s support team. You can find more information about responsible gambling by hitting the Responsible Gambling link near the bottom of the main page.

• Slots
• Progressive jackpots
• Blackjack
• Roulette
• Baccarat
• Craps
• Sic bo
• Keno
• Video poker
• Bingo
• Plinko
• Mines
• Crash
• Aviator
• Scratch cards
• Casino poker

MyStake Casino boasts over 7,000 games from 80+ providers. You can choose from thousands of fixed jackpot and progressive jackpot slots. Play your favourite table games like blackjack, roulette, and casino poker. It also has a massive live dealer section that offers the trendiest game shows, like Sweet Bonanza Candyland and Wheel of Fortune.

Remember that MyStake Casino has some great bonuses and promotions that can earn you bonus cash, free spins, cashback, and more.

MyStake Canada is an established and trusted site that is best suited for novices and recreational bettors. It has a decent welcome bonus, thousands of daily betting options, and live streaming, albeit limited. 

You can find some real bargains in terms of odds, such as those sub-5% MLB moneyline bets. However, a lot of sub-standard odds are always lurking, especially in the NHL and NBA menus. If those are your favourite sports, then MyStake Canada may not be the best option. You may want to check out one of our other top Canadian bookmakers. Also, this site probably won’t appeal to high rollers because of the low withdrawal limits.

We conclude that MyStake is a reliable, fair, and legit bookmaker. 

Quick facts