Stake Review - Most Famous Crypto Bookie

Stake Sportsbook and Casino is a famous online crypto betting site available in many countries. It has a good online reputation and thousands of games available to players worldwide.

Further, it’s known for its fast withdrawals, sometimes only taking a few minutes, and its many different supported cryptocurrencies. Another factor that made this platform a good choice is that it offers both a Stake casino section and a sportsbook section.

However, games and payment methods aren’t all you should consider when signing up at a casino. You should also consider whether it’s safe to use, how diverse the odds are and if it’s a reliable brand. In our Stake review, we’ll go the extra mile to see what sets this casino apart from other of the best crypto betting sites.

Stake - This is how they work

Stake Casino and Sportsbook is a well-designed online platform. It lets players across the world play their favorite games or bet on popular sporting events. As a crypto-focused betting site, you’ll largely have access to crypto payment options, with the rare fiat payment method available.

You can deposit, place bets and withdraw using cryptocurrencies at Stake Sportsbook. Further, if you don’t have cryptocurrency available, it’s possible to purchase cryptos on the site using MoonPay or Swapped.

Crypto transactions are typically much faster than transactions made using fiat methods. The blockchain and smart contracts make instant, irreversible payments. However, cryptos are also volatile, which means that you need to stay on top of the latest price fluctuations while playing so you know how much you’re betting.

However, using cryptocurrencies can provide more anonymity. To deposit and withdraw, you’ll need to verify your account and identity, and the level of verification required depends on local jurisdictions.

While the operator has to know your identity, you don’t need to provide your banking details. You can simply load a crypto wallet and play without placing your payment details at risk. This anonymity is one of the great benefits of the Stake crypto betting site.

Further, Stake Casino and Sportsbook go the extra mile, offering how-to guides on sports betting and casino games to help new bettors get started. It also explains how its cryptocurrency system works, details what terms like house edge mean and explains how to deposit and withdraw.

Armchair Analyst to Sports Betting on Stake

Stake Sportsbook is a popular site with hundreds of betting opportunities. It lists some of the top sports, such as football (soccer), tennis, basketball, American football, horse racing, MMA and ice hockey.

This site boasts competitive odds that are calculated using the latest data and statistics. As such, it offers dynamic odds that change as the situation changes. This way, you always have access to information that can influence your bet. As such, you’re able to make an informed decision on what bets to place.

You’re able to make pre-match and live bets at Stake Sportsbook. Pre-match odds are typically more stable than live odds unless something big happens that can influence the match unexpectedly, like an injury or bad weather report.

Meanwhile, live odds can be very volatile, as they change as the game is being played and reflect the real-life status of the ongoing match. The odds format can be changed, with formats like fractional, decimal, American, Indonesian, Hong Kong and Malaysian available.

Further, there are odds in different betting markets. The most common betting markets you might have heard of include Outrights, Moneyline, Over/Under, Spread and Handicap. Sports also have dedicated betting markets that wager on specific events or situations that can happen in the game.

For example, prop bets are popular when making live bets, as you can bet on things like the number of red cards, which player scores first or what way the coin flip will go. You’re also able to watch live streams of the games.

After all, it’s more fun to watch the match and wager on it as it happens than to mindlessly wager or read statistics. Further, Stake Sportsbook is a fair platform that does its best to offer players the latest odds and betting opportunities.

Stake Casino

Stake Casino has over 3,300 games in the gaming lobby. If you like the thrill of live dealer titles, then you’ll find close to 100 available. However, there are also Stake slots, instant win titles and table games at this casino.

The search bar is ideal for finding specific games if you’re not interested in browsing the titles. Underneath the game icons, you can see how many other players are currently playing this title. This feature creates a sense of community without having to interact with other players.

Slots

We start with Stake slots, which form the majority of the games. There are over 3,150 slots available. Use the provider filter to find specific slots, as providers like Booming Games, 3 Oaks Gaming, Big Time Gaming and Pragmatic Play are all available.

You’re also able to sort the games according to popularity, the alphabet or whether they’re featured. In the sidebar, categories like Bonus Buy and Enhanced RTP are available, but there aren’t many other slot categories available.

Still, we found and played Stake slots like Duel at Dawn, Sugar Rush 1000, Book of Dead and Immortal Romance.

The Stake crypto casino also offers Stake Exclusives, which you’re able to further identify by the small S banner and the word Exclusive on the game icon.

We had fun trying titles like Hot Rocks, Thunder vs Underworld, Puffer Stacks and Dragon Fiesta. There are also Stake Originals, though not all of them are Stake slots. Tomb of Live, Scarab Spin and Blue Samurai are some of the titles we found.

However, there are also instant-win titles like Pump, Limbo, Crash, Mines, Dragon Tower and Slide. Further, Stake Originals has a couple of table games, including Roulette, Blackjack, Video Poker and Baccarat.

Table Games

Besides these table games in the slot-section, there’s a small handful in the dedicated table games section. The operator also added some live dealer options in this heading, so you’ll have to look closely at which online tabletop games are live and which are live.

We played some titles, like Stake Blackjack, Ace Race and First Person Baccarat. However, most of the options are live dealer games. You’re able to play live dealer titles like Three Card Poker, Emperor Bac Bo, Red Door Roulette, Peek Baccarat and Lightning Blackjack.

However, you’re able to take a break from traditional casino games by playing a few game shows. It has a dedicated heading in the sidebar and lists games like Crazy Balls, Lightning Storm, Treasure Island, Snakes and Ladders and Cash or Crash, and a pretty decent shows from Evolutuion.

Poker

If your poker face is one you can count on, then try live poker games. Some possible options include Three-Card Poker, Video Poker and the standard poker game. The casino lobby is easy to navigate, which is a plus in our books.

What’s in it for me? Stake bonuses

We were surprised that when we started our Stake review, we couldn’t find any mention of a welcome bonus Stake list. Upon digging deeper into the Help center, we learned that players and bettors can enter affiliate bonus codes when registering to get exclusive welcome bonuses.

The operator doesn’t offer a dedicated welcome bonus at Stake Casino and Sportsbook for players or bettors. Instead, you can look through the different official affiliates of Stake Casino to see what welcome bonuses are currently available.

These welcome offers can offer you rakeback, where you get 5% of the house edge back with every game you play. However, you should note that no matter what welcome bonus you claim, you have to claim it within 24 hours of registering. Otherwise, you lose the chance to claim a welcome offer.

Other Loyalty Programs and Promotions

While there are no dedicated welcome bonus Stake offers, there is a VIP program and several regular offers available weekly and monthly.

VIP Programs

You automatically join the VIP program when you sign up, with six levels ranked Bronze, Silver, Gold, Platinum I-III, Platinum IV-VI and Diamond. You must have a specific wager amount to level up and must wager at least $10k to join the Bronze level of the VIP tiers.

When making sports bets, your wager amount progresses 3x faster than casino wagers, which have a 1x progression rate. The VIP system offers weekly and monthly bonuses, rakeback and level-up offers.

Depending on your level, you can also receive bonus growth and daily offers, or even renewable reload options and a dedicated VIP host. Further, the more you play, the higher the bonuses you receive, giving you a tailored VIP experience.

Other Ongoing Promotions

There are many Stake casino and sportsbook bonuses, with some regular offers while others are seasonal.

The best one is Stake’s Daily Races and Weekly Raffle are always around. The Daily Races gives away $100,000 every 24 hours to players climbing the leaderboard by wagering on the platform.

The Weekly Raffle provides one raffle ticket to the $75,000 overall prize every time your total wagers accumulate to $1,000. The $75,000 is split between 15 lucky players each week. There are also other promotions that repeat frequently.

These offers include the Multiplier Race, The Level Up, Slots Forum Challenge and Chaos Collector. For all of these types of promotions, you must play the eligible games to possibly win a share of prize money.

There are also custom casino challenges you can complete to win prizes across different games. For bettors, there are several sports bonuses available. Many of them are time-limited, as it deals with specific events or tournaments.

For example, at the time of this Stake review, there were promotions for Super Bowl LIX, Champions League - First Half Payout and Premier League - 3 Goal Payout. However, these are only available for a limited time, so they’ll change to other bonuses after a while.

There are also offers like getting double the winnings if your selected NBA player hits their performance target. Some of the bonuses will last the entire year, such as the UFC Split Decision Insurance. This bonus Stake lists offer you a credit of up to $250 in Split Decision cases.

You can also get the Money Back Offer (up to $100) on horse racing if your horse runs 2nd to 5th on specific matches. All of these offers are available whether you’re playing in fiat or cryptocurrency. However, most will be geared towards crypto players, as that’s the chosen form of payment at Stake Sportsbook.

Supported Currencies at Stake

It should come as no surprise that, as a crypto-focused website, the main payment method used is cryptocurrency. There are over 20 cryptos available, including the most popular ones. That means you’ll find Bitcoin, Tether, Litecoin, Ethereum, Solana and Dogecoin, among others.

Some countries will also allow you to deposit in your local currency. However, this isn’t available in every jurisdiction. For example, while in India, you can deposit using UPI and NETBanking in Rupee, in New Zealand, you’re only able to use cryptos.

As such, it’s important to check what fiat methods, if any, are available to you before you set yourself on playing in fiat. Luckily, you have an alternative if you only have fiat currencies but no fiat payment methods.

It’s possible to buy cryptos via the Stake crypto betting site. In the wallet section, there’s the Deposit option, but there’s also a Buy Crypto option. You can use MoonPay and Swapper to purchase crypto. Pay using one of 13 available fiat currencies, such as USD, EUR, CAD and JPY.

Wagering and withdrawal limits

As cryptos are the main payment method, Stake Casino doesn’t place many limits on your transactions. Deposits don’t have minimum or maximum limits, and there’s no maximum withdrawal limit. While there’s a minimum withdrawal limit, it varies depending on the crypto.

For example, Bitcoin has a minimum limit of 0.00002 BTC, Tether has a limit of 2.5 USDT and Dogecoin has a limit of 5.49 DOGE. Still, you should remember that cryptos can be volatile, and so the minimum limits can vary slightly depending on the current market value.

Most withdrawals take only a few minutes, thanks to blockchain’s fast processing speeds. However, depending on how busy the financial department is and the amount you’re withdrawing, it can also take up to three days.

All crypto withdrawals will have a small fee, which you’ll see in the cashier when making the withdrawal request. This fee varies depending on the crypto network and currency you’re using. For example, Bitcoin has a 0.000015 BTC fee, while Ethereum has a 0.00067 ETH fee and Tether has a 1 USDT fee.

Stake’s stash: storage on Stake

Stake stores funds of all types in its Vault, which requires an additional form of 2FA for extra security. Not only is the Vault where one will access their currencies, but it also stores rewards, prizes, and giveaways.

However, it’s worth noting that Vault storage on stake is hot storage, meaning it’s always online and susceptible to bad actors. The platform does not offer a form of cold storage.