Stake Sportsbook Review 2024

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OVERALL RATING:
3.1/5
Ziv Chen
Ziv Chen

Last Updated: 2024-07-18

Luke Jones

10 minutes read

Stake
Licenses: Curaçao
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Overall Rating

3.1/5
  • Wonderful user experience
  • Accepts wide variety of crypto
  • Exceptional customer support
  • Payment Methods
    Bitcoin Cash LogoLitecoin LogoEthereum LogoDogecoin LogoXRP LogoChainlink LogoPolygon Logo

    Stake is an online casino and sportsbook that went live in 2017 and has since become one of the most respected brands in the business. 

    As you will learn throughout this Stake betting review, this sports betting site has a lot to offer, including tight odds, a full range of sports, and in-demand features like stats, cashout, and live streaming.

    Stake is owned by Medium Rare N.V. and licensed in Curacao. As such, the bookie can accept players from many countries worldwide. 

    It also supports a variety of cryptocurrencies, which means bettors have access to secure, fast, and hassle-free withdrawals. This Stake sportsbook review will dive into all of those things and much more. 

    Sportsboom Event Table Logo
    OVERALL RATING
    3.1/5
    Promotions & VIP
    3.5/5
    Odds & Markets
    4.5/5
    Mobile
    0/5
    Customer Service
    4.5/5
    Deposit & Withdrawal
    3/5
  • Odds
  • Withdrawals
  • Live-Streaming
  • Only Cryptocurrency Accepted
  • Smaller Live Betting
  • Stake Key Features

    Live Streaming Feature Logo Live Streaming
    Esports Betting Feature Logo Esports Betting
    Partial Cash Out Feature Logo Partial Cash Out
    Bet Builder Feature Logo Bet Builder
    Casino Games Feature Logo Casino Games
    Live Casino Games Feature Logo Live Casino Games
    Poker Feature Logo Poker
    Deposit Bonus Feature Logo Deposit Bonus
    VIP Program Feature Logo VIP Program
    Ongoing Promotions Feature Logo Ongoing Promotions
    Mobile App Feature Logo Mobile App
    24/7 Support Feature Logo 24/7 Support

    Stake has all the characteristics shared by the most popular online sports betting sites. Let’s start with one of the most important attractions, which is the great odds. 

    When you wager on major competitions, you will find that the odds margins are often well below the 5% mark. In simple terms, this means that the bookie charges less commission on wagers, which equates to more money in your pockets when you win your bets.

    You can also enjoy various helpful features like cashout, statistics, and live streaming. Of course, you’ll want to take full advantage of Stake’s bonuses and promotions, as they can positively impact your bankroll. 

    In addition to the welcome bonus, the Stake website review came across an array of regular promotions through which bettors can earn cash, free bets, profit boosts, and other exciting perks.

    Comprehensive Review of Stake Bonus Offers

    Sportsboom Event Table Logo
    Promotions & VIP
    3.5/5

    Stake has a generous welcome bonus for new players. However, the bonus only works at Stake Casino and not the sportsbook. Just remember that you need to claim it within 24 hours of opening your account.

    To claim it, go into the “Settings” section of your account profile and select the “Offers” link. You will then be prompted to enter the Stake.com bonus code.

    Once you’ve submitted the code, the bonus will be activated by making your first deposit of at least $50. You should also know that Stake.com regularly releases new bonus codes through its social media pages like Facebook, X, and Instagram.

    Don’t let the fact that Stake doesn’t have a sportsbook welcome bonus turn you sour. Stake has an abundance of regular sports betting promotions such as Stake’s Daily Races, the Weekly Raffle, First Goal Wins, Double Winnings, and Brady’s Match of the Day

    These and other regular Stake offers allow you to win such things as cash, free bets, profit boosts, and cashback. 

    In a way, these regular promotions, along with the spectacular odds, more than makeup for the lack of a sports betting welcome bonus. 

    Stake Sports Betting Markets

    Sportsboom Event Table Logo
    Odds & Markets
    4.5/5

    You'll be very pleased with the number of sports and competitions on offer at Stake. In addition to covering mainstream sports and leagues, Stake offers odds on a huge selection of niche events and small-market leagues.

    Furthermore, you can wager on such things as politics, entertainment, and eSports like League of Legends, Dota 2, and Counter-Strike: Global Offense. The site also has horse racing. The full list of competitions includes:

    Alpine SkiingAmerican FootballAussie RulesBadmintonBaseball
    BasketballBasketball 3X3BiathlonBoxingCricket
    Cross CountryCyclingDartsField HockeyFormula 1
    FutsalGaelic GamesGolf HandballIce Hockey
    Indy RacingMMAMotocrossOlympicsPolitics
    EntertainmentRugbySki JumpingSnooker Soccer
    SquashStock CarsSurfingTable TennisVolleyball
    Water PoloeSportsHorse Racing  

    Most of these sports are made up of multiple leagues and special events. For instance, soccer fans can wager on Euro 2024, the World Cup, and almost any other international competition they can think of. 

    On top of MLB, those who love baseball can wager on leagues in places like Japan, Korea, China, and Germany.
    There are also many betting options that each event presents bettors with. You can stick to the standard moneylines, spreads, and totals or alter the risk/reward by selecting alternative spreads and totals. 

    You can bet on the full-time results or place wagers on specific quarters/halves/periods/innings. 

    You’ll find a solid assortment of game props, team props, and other wagers such as correct score, winning margin, Asian handicap, and double chance. 

    Stake’s betting menus might not be the most expansive, but they still offer many betting options.

    Mobile Experience

    Sportsboom Event Table Logo
    Mobile
    0/5

    While there's no separate Stake app to download, their HTML5-optimized mobile site offers a flawless, app-like experience. Bet on sports, play casino games and enjoy life streaming directly from your mobile browser. 

    The platform is user-friendly, secure, and packed with features, such as cashout options, excellent odds, and regular promotions. 

    Compatible with both iOS and Android, Stake ensures you can place pre-match and live bets anytime, anywhere. You can enjoy Stake’s mobile site's flexibility without downloading an app.

    Customer Support

    Sportsboom Event Table Logo
    Customer Service
    4.5/5

    Stake is committed to providing customers with the highest levels of customer support. You can connect with a customer service rep 24/7 via the live chat feature or email. If you are in the USA, their email address is [support@stake.us]

    Stake also maintains a strong social media presence on platforms like Instagram, Facebook, YouTube, and X. 

    We suggest using the live chat feature, which is the fastest and most efficient option. This feature allows you to contact an agent within seconds. We tried it, and Stake’s support team exceeded our expectations. They were quick, helpful, polite, and professional. 

    If you like to solve problems independently, you’ll be happy to learn that Stake has an excellent FAQ section that offers in-depth answers to a wide range of questions and other issues.

    Deposit & Withdrawal Options at Stake (Updated 2024)

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    Deposit & Withdrawal
    3/5

    Deposits and withdrawals at Stake are fast, secure, and easy to conduct. As mentioned, you may only use cryptocurrency for these transactions.

    However, you can purchase cryptocurrency through MoonPay using fiat payment options.

    Simply hit the “Buy Crypto” option on the deposit form and follow the on-screen instructions. The whole process only takes about 2 minutes.

    If you want to find out more about deposits and withdrawals at Stake.com, make sure to check out our in-depth Stake deposits and Stake withdrawals tutorials.

    By the way, Stake does not have a maximum deposit limit. Here are the most popular payment options.

    Payment Methods

    Payment ProviderFeeProcess TimeMinimum DepositDepositWithdrawal
    Sportsbook payment method
    0.00007 BTCInstantNone
    Bitcoin Cash Logo
    0.00001 BCHInstantNone
    Litecoin Logo
    0.0005 LTCInstantNone
    Ethereum Logo
    0.0005 ETHInstantNone
    Dogecoin Logo
    1.5 DOGEInstantNone

    Supported Currencies

    Stake is unlike many other online sports betting sites in that it only accepts cryptocurrencies. Even your account balance is expressed in the crypto of your choice.

    Don’t feel left out if you do not own cryptocurrency because you can instantly and easily buy some using fiat currencies and traditional payment methods through Stake.com and MoonPay. Just hit the “Buy Crypto” icon on the deposit slip.

    Stake Review: Pros and Cons

    Pros

  • Odds: One of the most underrated benefits of Stake.com is the excellent odds. Whereas many of the best online sports betting sites build a commission of 5% or more into their odds, the odds margins at Stake often hover around the 4% to 5% range. While such a discrepancy may seem minor, it can make a massive difference in the long run.

  • Withdrawals: This Stake sportsbook review is also very happy with the fast withdrawal times. The site says it will process withdrawals within 24 hours, but customers typically receive their payouts in just a few hours or less. These aren’t the fastest times on the planet, but they are fast nonetheless.

  • Perhaps the most exciting aspect of Stake is the live streaming. This is one feature that separates your run-of-the-mill sports betting sites from the top-tier bookmakers. What’s so great about Stake’s streaming service is that you just need an account to use it. You don’t even have to have money in your account to watch.

  • Cons

  • Only Cryptocurrency Accepted: Perhaps the biggest drawback that this Stake review encountered was that the site only accepts cryptocurrency. It does not accept credit cards, debit cards, e-wallets, or other traditional fiat payment options. That said, you can use those fiat currency payment methods to instantly and securely purchase a variety of cryptocurrencies through MoonPay.

  • Smaller Live Betting: We also noticed that the live and pre-match betting menus aren’t quite as big as they are at other top sites. Whereas many premier bookmakers serve up over 1,000 betting options on an EPL betting menu, Stake might offer somewhere between 100 and 200 options. Still, the options go far beyond the standard sides and totals. 

  • Step-by-Step Guide to Stake Registration

    Stake Registration

    Opening a new account at Stake Sportsbook starts with a visit to the bookie’s webpage. You can use your desktop or mobile browser. Stake gives new players two ways to sign up. You can sign up via your Google, Facebook, or Twitch account by hitting the appropriate icon beneath the blue “Register Instantly” button. The other option, which this Stake sports betting review will walk you through, is to smash the blue “Register” icon located at the top-right corner of the screen. 

    1. 1

      Select “Register” to launch the registration form.

      Registration Step for Stake

    2. 2

      Fill out the first page of the registration form. Hit the “Continue” bar when finished.

      Stake Registration Process

    3. 3

      Acknowledge that you have read, understand, and accept the terms & conditions.

      Stake Registration Procedure

    4. 4

      Select the “Play Now” button.

    5. 5

      Congratulations! You now have a Stake Sportsbook account.

    Live Betting on Stake: Wager on Games as They Happen

    Almost all online sports betting sites offer live betting. The fact that Stake also provides live betting isn’t special. 

    However, Stake’s addition of the streaming feature makes the live betting experience more complete. After all, live bettors need to know what’s going on in real-time. 

    They need to be able to identify momentum shifts, injuries, and penalties as they happen, not a couple of minutes after the fact. 

    Every live betting menu at Stake offers a solid selection of betting options, such as:

    MoneylinesSpreads/Alternative Spreads
    Totals/Alternative TotalsAsian Handicap
    Correct ScoreNext Team to Score
    Will There Be a OvertimeWinning Margin
    1X2Double Chance

    When you read our Stake app review, you will find out that you can take Stake with you wherever you go as long as you are connected to the internet and have a browser. 

    You can tune into a match using the live streaming feature and then start placing bets while the game’s in progress. 

    Stake gives you access to all of the site’s features, including cashout, which is available for select games. Those who want to place live bets will need to respond quickly, as the odds are always constantly updating.
     

    Stake.com Review: Exploring Security Measures

    Our Stake Casino review team closely examined the site’s security and can confirm that Stake is highly secure. The site uses various modern internet security tools like SSL encryption, firewalls, anti-fraud software, and other layers. 

    Be sure to activate the 2FA feature to keep your account even more secure. Stake.com is licensed in Curacao, and it is verified by the Crypto Gambling Foundation.

    Review Conclusion

    Stake is one of the best online sportsbooks out there regarding the core product. Punters can get excellent odds on nearly any sport or competition they can imagine. Add in things like cashout, live streaming, fast payouts, and a steady stream of sports betting promotions, and you have a top-tier sportsbook. 

    The only thing we can complain about is that the betting menus aren’t quite as extensive as other top sportsbooks. 

    Plus, we’d love to see other payment methods besides crypto, which would appeal to a wider range of sports bettors. 

    While this isn’t a Stake online casino review, it’s worth pointing out that the online casino is very good, too. You’ll find a collection of over 1,000 RNG and live dealer games that go way beyond slots and standard table games like blackjack, roulette, and baccarat. 

    Promote Responsible Betting 

    Betting on sports is a lot of fun, but bettors need to make sure they keep their gambling under control. It’s a good idea to check out the Responsible Gambling link at the bottom of the site.

    Stake offers a good selection of safe gambling tools that allow you to do things like set limits, self-exclude, set a budget, and take self-assessment tests. 

    FAQs

    Why should I choose Stake?

    If you are a serious sports bettor, then you should choose Stake because it offers the best odds on a huge variety of sports and other competitions. You can also enjoy features like cashout and live streaming while accessing plenty of regular promotions.

    Is Stake safe?

    Yes. Stake is an established bookie that is licensed in Curacao. The site uses the latest technology, like SSL encryption and firewalls, to protect and secure your information.

    Which countries are restricted on Stake?

    Even though a Curacao license gives sports betting operators a near-global reach, there are still several regions that are restricted from using the site. The list of prohibited countries is pretty long and includes areas like Australia, France, Germany, Zimbabwe, Ontario, and the United Kingdom.