MyStake Affiliates Audit Report - No Bonus Used

[Guard Dog]

Hello AGD community,

Today we present to you the new real revenue share audit report for Casino partners (formerly known as Mystake affiliates), without a welcome bonus used.
The result of the audit report done with a welcome bonus can be seen here.

They have MyStake Casino as their brand.

Affiliate Reporting Platform: CELLXPERT

Casino Partners Affiliates

Admin fee figure found in terms and conditions/or on the website:
20% admin fee is stated in the affiliate program T&C

https://mystake.com/assets/Mystakegeneral-EN.pdf

“The general admin fee applied on the standard commission plan is 20% from the Gross Revenue, however in case of special affiliate commission structures (fixed % revenue share plan, hybrid commission, fixed payments, set up fee’s charged by an affiliate, listing fee’s charged by an affiliate and other advance fee charged by the affiliate, etc.) MyStake reserves the right to set a higher admin fee rate without notice.”

Test signup and deposit is made from the Country ‘Serbia’.
Date of deposit: 4th June 2024

We deposited €20.61 / 0.0003169274 BTC via BTC without a welcome bonus.

We started playing some slots with our balance of €20.61

Eventually, we lost all the funds and checked the earnings report:

For the deposit of €20.61 NGR was €15.46
Since we have a 45% deal our commission was €6.96

To summarize, the Effective Net Gaming Revenue (the amount of money deposited and lost) is 15.46/20.61=75.88%.

Finally, multiply the advertised revenue share rate with the Effective NGR to see your real revenue share rate, e.g:

• 25% = 18.97 %
• 30% = 22.76 %
• 35% = 26.55 %
• 40% = 30.35 %
• 45% = 34.14 %
• 50% = 37.94 %

 

[AussieDave]

How many players don't use a bonus, or received some type of bonus for making a deposit. Whether it be free spins, weekly comp, slot race wins etc., etc. You can bet your bottom dollar, there would be some type of bonus or free spins on the table here.

Therefore this no-bonus commission, would amount to a small-number of players.

Which would bring us back to the bonus deduction commissions of:

• 25% = 3.13 %
• 30% = 3.76 %
• 35% = 4.40 %
• 40% = 5.02 %
• 45% = 5.65 %
• 50% = 6.27 %

It's all smoke and mirrors.

There is no ethical or honest reason why, commission %'s are this low, other than clip-joint theft!

 

[AussieDave]

Couldn't find anything about their casino licensing on the home page of MyStake.com. I'm 99.999% sure, if you hold a Curacao igaming license, then that licensing logo (with its GREEN tick - and link to license), needs to be CLEARLY displayed on one's home page footer, at ALL times.

Had to go digging for it. And even then, the Curacao license logo tick, was not being displayed.

This is all they had, which is not openly public. Instead, it's populated with javascript, or hybrid iframe:
mystake.com/en/static/terms/aboutus

Mystake.com is owned and operated by Santeda International B.V. registration number: 151296, registered address: Zuikertuintjeweg z/n (zuikertuin tower), Willemstad, Curacao. Contact us: support@mystake.email. Mystake is licensed and regulated by the Government of the Autonomous Island of Anjouan, Union of Comoros and operates under License No. ALSI-072403002-F17. Mystake has passed all regulatory compliance and is legally authorized to conduct gaming operations for any and all games of chance and wagering.