MyStake Affiliates Audit Report - Welcome Bonus Used

Do You Work With MyStake Affiliates?

  • Yes - and I'm happy

    Votes: 0 0.0%
  • Yes - but after this audit, I will consider lowering exposure

    Votes: 2 50.0%
  • Yes - and after this audit, I will consider increasing their exposure

    Votes: 0 0.0%
  • No, and I won't try them

    Votes: 2 50.0%
  • I may consider giving them a go

    Votes: 0 0.0%
  • I will definitely give them a go

    Votes: 0 0.0%

  • Total voters
    4

Guard Dog

Guard Dog
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Hello AGD community,

Today we present to you the new real revenue share audit report for MyStake Affiliates, with the welcome bonus used.
The result of the audit report done without a welcome bonus can be seen here.

They have MyStake Casino as their brand.

Affiliate Reporting Platform: CELLXPERT

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

“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 ‘Norway’.
Date of deposit: 31st May 2024

Affiliate Reporting Platform.png

We deposited €20 / 0.0003169274 BTC via BTC with a 150% welcome bonus.
Cashier.png



We started playing some slots with our balance of €50.25
Game 1.png


Game 2.png


Game 3.png


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


For the deposit of €20 our commission was €1.23
Since we have a 45% deal NGR is €2.51

To summarize, the Effective Net Gaming Revenue (the amount of money deposited and lost) is 2.51/20=12.55%.

Finally, multiply the advertised revenue share rate with the Effective NGR to see your real revenue share rate, e.g:
  • 25% = 3.13 %
  • 30% = 3.76 %
  • 35% = 4.40 %
  • 40% = 5.02 %
  • 45% = 5.65 %
  • 50% = 6.27 %
Representatives advised the following:

"NGR is calculated using the following formula:
Net Gaming Revenue = (bets - wins – bonuses - admin fee)
Thus, the amount of effective NGR is highly dependent on several variables and can't be fixed.
So, basically, if you repeat the test time and time again, you'll find that the results vary from each other depending on the actions you've made as a user."
 

Madz

New Member
Joined
Jan 25, 2017
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36
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This report about Mystake affiliates must be one of the worst so far. Has anyone seen anything as bad as this before?
 

AussieDave

24 years & still going!
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Didn't think it was possible BUT this is worse than the thieves at VideoSlots.com et al.

Two possibilities... Either the calculations are wrong or it's a total affiliate scam.

If it's the later then places like this should be thrown into the rogue-pit.
 

AussieDave

24 years & still going!
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Nov 28, 2013
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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.
 

Jack Jelinek

Affiliate Program Representative
Joined
Oct 17, 2016
Messages
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Good grief, any Affiliate Manager willing to work for such an establishment must either be stripped of the last bit of their virtues, or completely brain-dead

Said it billion times already, let me say it again: Massive kudos @AGD for making the gambling affiliate landscape a better place!
 

Conft

Affiliate Guard Dog Member
Joined
Aug 4, 2019
Messages
109
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Mystake have been partnering with those that promote "non gamstop" casinos for years, no surprise that they are shady .
 
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