Stake Review: Bonuses, Features, and Pros & Cons
Stake.com is a name that everyone recognizes in the world of cryptocurrency and betting. They have been around for a while, and they were one of the first platforms to focus solely on crypto gambling. The official partnerships with Everton and Watford add an additional layer of credibility.
What we like about Stake is their in-house sports betting: They offer a wide range of sporting events and provide competitive odds for a variety of markets. This is a welcome change from the white-label bookmakers from Curacao that all seem to offer the same thing.
Stake is undoubtedly a top player in the crypto-friendly sports betting and casino scene. They started out in Serbia in 2017 as one of the earliest Bitcoin casinos. And recently, they added sports betting to their platform. It’s on a brand new, custom-developed platform that feels modern and exciting.
Stake.com offers a variety of pros, such as few country restrictions, a wide range of pre-game and live events, multiple sports and betting options, full cash out, high limits, direct crypto transactions, and fast registration. Additionally, it provides 24/7 live support, public chat for social gambling, and supports multiple languages.
On the other hand, Stake.com has some cons, such as a Curacao license, low odds on secondary leagues, no Bet Builder or Edit Bet feature, lack of Partial/Auto Cash Out and mobile apps, no conventional banking options, and withdrawal fees.
Stake Sports Betting Bonus
Stake’s bonus offer for new customers is a generous 200% up to a maximum of $1000 + 10% Rakeback when you enter our Stake bonus code: “BestCryptoBookies”.
To take full advantage of the bonus, you’ll need to deposit cryptocurrencies worth $500 to receive $1000 from Stake as a bonus.
However, the wagering requirements are quite challenging. Before you can withdraw your winnings, you’ll need to wager the deposit amount + bonus 40 times. For example, if you deposit $500, you’ll need to place bets worth $60,000 (40 x 1500). It’s not impossible, but it’s certainly ambitious, in our opinion. For full details, please check the terms and conditions on the Stake website.
Stake Casino & Bonus
Stake Casino offers a vast selection of virtual casino games, but the most popular product on the platform is slot machines. Among the top slot games at Stake are Money Train 2, Sweet Bonanza, Poison Eve, and Great Rhino Megaways. Those looking for big wins should try their luck at the Stake jackpot slots, such as 5 Lions Gold, Fire 88, Power Force Villains, Jackpot Quest, or Chilli Heat. Stake also has a large selection of live casino games and table games.
Stake also offers a new customer bonus for its casino section of 200% up to a maximum of $1000. Like the sports betting bonus, the casino welcome bonus also requires you to wager the deposit amount + bonus 40 times before withdrawing.
Stake.com Bonuses for Existing Customers
In addition to the welcome bonus, Stake also offers many other exciting bonuses and promotions. We especially love the promos with their advertising and sponsorship partners, which are unique and quite appealing. Here are some examples:
Everton Clean Sheet Bonus:
Double the betting winnings on Everton FC Premier League games where Everton wins without conceding a goal (valid for pre-match bets on a Toffee victory with a minimum stake of USD 5 and a maximum stake of USD 100).
Watford Road to Promotion:
Half the bet amount returned on Watford Premier League game win bets if Watford loses (valid for pre-match bets on a Hornets victory with a minimum stake of USD 5 and a maximum stake of USD 50).
Formula 1 Runners Up Insurance:
Bet amount returned on race or qualifying win bets for a driver who places second instead of first (valid for pre-race bets on Formula 1 with a minimum stake of USD 5 and a maximum stake of USD 100).
UFC Split Decision Insurance:
Bet amount returned for UFC fights when a split decision results in a lost bet (valid for pre-fight bets on the winner of the match with a minimum stake of USD 5 and a maximum stake of USD 250).
Let’s take a look at how much Stake pays out in case of a win. The calculation of the odds will tell you how much they deduct from your winnings. The normal range for pre-match bets is 95% and above, but we rarely saw this percentage at Stake. We have summarized the payout odds for the most popular sports in a table below.
Here are the average odds for the most popular sports:
- Football Top Leagues: 94.7% – 96%
- Football Smaller Leagues: ø 92.9%
- Ice Hockey Top Leagues: ø 96.4%
- Ice Hockey Smaller Leagues: 92.3% – 94.2%
- Basketball Top Leagues: ø 96.3%
- Basketball Smaller Leagues: ø 92.5%
As you can see in the list, even for major or well-known events, the odds can vary greatly. So, there’s no fixed pattern to follow. Regardless of which sport we looked at, we only found volatile odds ranging from 90.8% to 96%. Unfortunately, we are forced to deduct some points here.
Deposits and Withdrawals
The Stake cashier section offers separate cryptocurrency wallets for more than 20 popular currencies, and players can easily and hassle-free deposit to their betting account via their own anonymous cryptocurrency exchanges.
At Stake, players can choose from popular coins such as BTC, ETH, LTC, BCH, XRP, TRX, BNB, and EOS, which are suitable for cheap and fast transactions. The top stablecoins USDT, USDC, BUSD, and DAI are also available at Stake. For most of these cryptocurrencies, players can choose between ERC-20, BEP20, and MATIC networks, dramatically increasing flexibility.
Each supported coin has its own wallet in the game at Stake, so players don’t have to worry about exchange fees. They can simply select the coin they want to bet with and deposit directly. Of course, it’s also possible to purchase cryptocurrencies through a third-party fiat service, but additional fees will apply.
It’s incredibly convenient that the cryptocurrency balance can be displayed in a selected fiat currency such as dollars, euros, or GBP to make calculations easier for players. The minimum bet is $0.001 (in cryptocurrency), and the maximum amount can reach up to 5 BTC in some betting markets. This makes Stake a great choice for both low-stakes players and high rollers.
Stake is also very accommodating to high rollers, as there is no limit to withdrawals. This makes Stake one of the very few providers that handles this, making it even more attractive for players who like to play for high stakes.
We can recommend Stake with a clear conscience. The crypto betting provider accepts more than 20 cryptocurrencies and is a great choice for both sports fans and casino players. Sports fans can expect good odds, a variety of great features including cash-out, bet-builder, and betting insurance. Additionally, Stake also offers a large number of attractive promo offers. Stake is especially interesting for high rollers because there are no limits on maximum withdrawals.
The Stake casino, on the other hand, impresses with a wide selection of slots, including jackpot slots, and also offers live casino and table games. All in all, Stake offers a very attractive overall package and is one of the most popular crypto betting providers and crypto casino sites for good reason.
|Few country restrictions||Curacao license|
|Wide range of pre-game and live events||Low odds on secondary leagues|
|Multiple sports and betting options||No Bet Builder or Edit Bet feature|
|Full Cash Out and High Limits||Lack of Partial/Auto Cash Out and Mobile Apps|
|Direct crypto transactions and Fast registration||No Conventional Banking Options and Withdrawal fees|
FAQs about Stake.com 2023
Don’t feel like reading the entire stakes.com review? We’ve summarized the most important points for you in the frequently asked questions section, and we hope you find all the information you need.
What is Stake.com?
Stake.com is a widely recognized platform for cryptocurrency gambling and betting. They specialize in sports betting and casino games, offering a wide range of events and have quite competitive odds. They started as a Bitcoin casino in Serbia in 2017 and have since added sports betting to their platform.
What are the benefits of using Stake.com?
Stake.com offers numerous benefits like few country restrictions, a wide range of pre-game and live events, multiple sports and betting options, full cash out, high limits, direct crypto transactions, and fast registration. They also provide 24/7 live support, public chat for social gambling, and support multiple languages.
What are the disadvantages of using Stake.com?
Some cons of Stake.com include a Curacao license, low odds on secondary leagues, lack of a Bet Builder or Edit Bet feature, lack of Partial/Auto Cash Out and mobile apps, no conventional banking options, and withdrawal fees.
What bonuses does Stake.com offer?
Stake.com provides a generous 200% bonus up to $1,000 for new customers. There are also unique promotions and bonuses for existing customers, such as the Everton Clean Sheet Bonus, Watford Road to Promotion, Formula 1 Runners Up Insurance, and UFC Split Decision Insurance.
What are the wagering requirements at Stake.com?
The wagering requirements at Stake.com require you to wager the deposit amount + bonus 40 times before you can withdraw your winnings.
What are the payment options at Stake.com?
Stake.com supports over 20 popular cryptocurrencies for transactions. You can select any of these currencies to deposit and bet with, without worrying about exchange fees. You can also convert your cryptocurrency balance to fiat currency like dollars, euros, or GBP for easier calculations.
Does Stake.com have withdrawal limits?
Stake.com doesn’t set any limits on withdrawals, making it a great choice for high-stakes players.
What games are available at Stake.com Casino?
Stake Casino offers a large variety of virtual casino games, including popular slot machines like Money Train 2, Sweet Bonanza, Poison Eve, and Great Rhino Megaways, as well as a selection of live casino games and table games.
What are the odds at Stake.com?
Odds at Stake.com vary across different sports. For popular sports like Football, Ice Hockey, and Basketball, the odds range between 92.5% and 96.4%.
Is Stake.com trustworthy and legit?
Yes, Stake.com is a credible provider with a Premier League sponsorship. They have been operating since 2017 and have partnerships with Everton and Watford. However, as with all betting platforms, users should exercise discretion and responsibility.
When assessing bookmakers, we typically evaluate “classic” categories such as bonuses, odds, betting markets, licenses, and customer support. However, we also pay close attention to payment options, particularly the number of available coins and withdrawal fees.