MyLOOT is a mobile app that claims you can earn money by playing your favorite video games.
Over the years, I have tested hundreds of apps that make the same claim, so I know that not all are worth using or legit.
Now, the question is, is MyLOOT worth using?
In this MyLOOT app review, I will reveal the full details of the app so you will know exactly what to expect from it before you even install it. Then, you can properly identify whether MyLOOT is worth your time.
So, let’s now get into the review, shall we?
What is MyLOOT, and what does it offer?
MyLOOT is a mobile app that will allow you to potentially earn rewards by playing computer games.
And let me just reveal right away that it is a legit app since it will really reward you for playing. However, there are some things you need to know about MyLOOT so you can figure out if you should sign up for it.
The first step we’re going to take is to figure out how it works. The only way to do that is to look at the earning opportunities MyLOOT offers so you’ll have a clear idea of how much time and effort is needed to earn from it.
So, here’s how to earn from MyLOOT.
Option 1 – League
To earn from MyLOOT, you must participate in any of the leagues available. Just log in to the app, and you’ll immediately see all the leagues you can play in.
When I was testing the app, there were five available leagues to choose from.
Once you’ve chosen the league you want to play in, you’ll be asked to provide your game ID. You need to do this because this is how MyLOOT will be able to track your progress. After you’ve provided your game ID, you can start playing.
The goal of playing in a league is to rank among the top 20 players who joined the league. If you manage to do that, you will earn a reward. Each league has a time limit (usually several days). Within that period, you have to score the highest possible scores you can get to increase your chances of ranking in the top 20 players.
Take note that to be eligible for a reward, you must submit at least 10 scores. In other words, you have to play at least 10 games of the game you’ve chosen. To submit a score, you need to press the “Start Game” button before you begin playing.
If you choose a game like Valorant, PUBG, or League of Legends, you have to play the game on your PC or game console. After finishing a game, you must go back to the MyLOOT app and press the “End Game” button to submit your score.
The app will be able to track your score since you’ve linked your game ID to it. You just need to keep doing this until the league ends. And if you manage to rank among the top 20 players, you’ll receive a reward in the form of ML coins (the currency the app is using).
The number of ML coins you will receive if you manage to rank among the top 20 players will depend on the total number of scores submitted.
You see, every time a player submits a score, the pot money will increase. This pot money will be distributed to the top 20 players, with the 1st place getting the bulk of it. That’s why it is very important to rank as high as you can to maximize your earnings.
Later, I will discuss what you can do with the coins you’ve earned.
What I like about this opportunity is that it involves playing popular games, so you’ll likely have fun trying to rank among the top 20 players. But if you don’t play any of the games mentioned, there’s really no point in using this app, in my opinion.
Option 2 – Referral Program
Another way you can earn rewards is through its referral program. If you are not familiar with this opportunity, then let me explain it to you. The idea is to invite people to use the app by sharing your referral code with them.
Once they install the app and sign up, they must input your referral code. When that happens, they will become your referral, and they will receive 50 ML coins. For your part, you will receive ML coins depending on how many referrals you get (refer to the photo above).
For example, if you get your first referral, you’ll receive 50 ML coins. If you get your 10th referral, you’ll receive another 500 ML coins. Any referral you get beyond the 10th will net you 100 ML coins.
The reward is quite small compared to the other referral programs I have encountered in other apps. So, this opportunity is not that great, in my opinion.
How do you get paid?
As explained above, you’ll earn ML coins from the opportunities MyLOOT offers. But what can you do with the coins you’ve earned?
Well, you can convert them to various rewards like gift cards, in-game currency, game consoles, and even cash. As shown in the photo above, you can make a €1 PayPal withdrawal once you’ve earned 3,000 ML coins. This is the smallest amount you can withdraw.
For gift cards, the smallest amount you can redeem will be €10, and that will require you to earn at least 10,000 coins. If you want to redeem a game console like a PS5, you’ll need to earn at least 550,000 ML coins.
The value of an ML coin is a bit hard to calculate because the conversion rate varies depending on the reward you want to redeem. But overall, I do like the fact that it offers a convenient payment method like PayPal.
If you are interested in more sites and apps that offer a convenient payment method, I recommend you also check out the top sites that pay via PayPal.
How much money can you make?
The thing with MyLOOT is that there’s no guarantee you’ll earn from its main earning opportunity. As explained earlier, you must be among the top 20 players to qualify for a reward. And the reward you will receive will depend on how many players participate in the league.
Most of the time, you’ll win around 500 to 1,000 ML coins if you manage to rank 1st in the league. That’s quite a small amount, in my opinion (if you convert it to cash). That’s why I would say the earning potential of MyLOOT is very low.
It will take quite a long time before you can earn a significant amount from it. It will especially take long if you are gunning for the game console rewards (possibly more than a year). But if you already play the games featured anyway, then you can just consider what you can potentially earn from MyLOOT as a bonus.
That’s the best value this app has to offer, in my opinion.
Can you use it on a desktop?
MyLOOT is only available for mobile devices. It doesn’t have a web-based platform you can log in to unlike other online rewards apps.
The good thing, though, is that the app is available for both Android and iOS users, so you shouldn’t encounter any compatibility issues. The app is also relatively easy to use. However, you’ll encounter pop-up video ads from time to time when using the app.
This decreases the overall user experience MyLOOT provides, in my opinion.
Who can join MyLOOT?
The app doesn’t specify exactly which countries it is available in. But from what I can see, it is available more or less globally. So you shouldn’t have any trouble signing up.
To become a member of MyLOOT, you must install the app first. Then, when you open the app for the first time, you will be asked to register by providing your login details. This is also the part where you get to provide the referral code.
After you are done with the registration form, you can log in to the app and start earning. However, as explained earlier, you’ll also need to link your game accounts to MyLOOT if you want to earn.
Can you get support?
If you have any questions about the app or your account, you can check out the Info page inside the app. It discusses the basic topics you need to know about MyLOOT. But apart from that page, there’s no other support page available.
You’ll have to contact the support team if you have any questions. The app and the site don’t have any contact form you can use, but you can send your inquiry via email at email@example.com. You can also join their Discord channel if you want to speak to a representative immediately.
Overall, I would say MyLOOT provides the minimum required support to its members since it offers a couple of ways for you to contact the support department. However, I do wish they would at least provide a FAQ page or even a contact form inside the app so you don’t have to open your email account to submit your inquiry.
MyLOOT is a mobile app that will let you potentially earn by playing some of the most popular video games today. It has some decent features, but it also has a few limitations you need to consider.
To help you with your decision, I have summarized the pros and cons of MyLOOT to give you a better overview of what it offers.
- Offers payment via PayPal
- Features popular and fun games
- Doesn’t offer guaranteed earnings
- Low rewards
- The app doesn’t have a FAQ or support page
In my opinion, I would only suggest you join this app if you already play one of the games featured. The reason for this is that there’s no guarantee you’ll earn from its earning opportunities. So, if you already play one of the games, then you can, at least, just consider the earnings as a bonus.
But if you don’t play any of the games mentioned, then you are better off finding other ways to earn extra cash. I suggest you check out the top survey and GPT sites in your country instead. The sites on this list all have good earning potential, so you can earn a decent amount in a short period of time.
If you have any comments, questions, or experiences with MyLOOT, I would love to hear from you in a comment below.