CryptoGaming

Stake

Stake

Stake Review

Meta Description : Stake enjoys high ratings in the online gambling niche. Click here to read our Stakes sportsbook review and discover five reasons you should join the site.

How much do you have to stake while betting online? The answer doesn’t matter because Stake sportsbook accommodates all punters irrespective of their bankroll. Whether you plan on staking huge amounts or want to have a casual punt, Stake has your back. Continue reading this Stake sports betting review and discover what other exciting features it has hidden up its sleeves.

Introduction

Owned and operated by Medium Rare N.V., Stake is a relatively new brand in the online gambling niche. A little about how Stake came into being before I can go into the nitty-gritty of why it is such a force to reckon with.
The parent company – Easygo – was founded in 2016 by Ed Craven and Bijan Tehrani. Their original idea for Easygo was to develop software for online casino games. Due to the unprecedented success the outfit experienced, it decided to branch out and offer sports betting services. This is how Stake sportsbook was founded three years later, in October 2019.

Since then, they’ve been growing tremendously, especially after 2021, when they launched an aggressive marketing campaign to help put the brand in the global limelight

Despite not winning any significant awards in the iGaming industry, this strategy has helped enhance Stake’s image as a reputable and reliable brand.

I first saw them in July 2021 when they partnered with Watford. Soon afterward, they made Sergio Aguero and Drake, their brand ambassadors. Just recently, in July 2022, they became Everton FC’s main sponsor.

Does the brand ride on these partnerships to market itself as one of the best crypto sports betting sites?

On the contrary, they put their money where their mouth is by offering stellar services. The 5million plus active users and $80 billion yearly turnover are just a few reasons to show they are a big brand.

In their sports betting department, they have plenty going on. There are excellent features that make it easy and fun for you to bet. These include in-play betting, cashout, and live streaming features. The odds are decent, and payouts are made promptly, all because they offer their banking services using cryptocurrencies. They are also licensed and regulated by one of the best licensing bodies in the industry.

key information

  • Launch Year : 2019
  • Licensed By : Government of Curacao
  • Software Providers : In-house developed
  • Compatibility : PC, iOS, Android, Windows, and BlackBerry
  • Accepts US, UK, and AU players : Yes
  • Customer Support : Live Chat, Email, FAQ, and Forum/Community
  • Types : Sportsbook
  • Other Products : Online casino and live dealer platform
  • Currencies : Bitcoin, Ethereum, Binance Coin, Litecoin, Dogecoin, Bitcoin Cash, Ripple, Tron, EOS, IO, and Tether
  • Language Supported : English

pros

  • Supports most of the popular Cryptocurrencies
  • It is a brand deep-seated in the iGaming industry
  • Partnered with the teams it sponsors to bring you perked promotions
  • Decent odds across football, basketball, and eSports sports events

cons

  • No welcome bonus offer

Bonus and Promotions

There’s no welcome bonus for the sportsbook. Many crypto betting sites don’t offer the same, so it didn’t come as a surprise

I, however, liked their current roster of promotions. Stake has partnered with several sports betting brands and celebrities to bring you different types of promotions. The most notable promotions are those based on partnerships with sports teams.

Through Everton’s VIP package, you need to predict who scores the team’s first 2022/23 campaign goal. Correct picks will get a fully paid trip to watch one of the teams’ biggest matches.

Everton’s Guarantee Payout promo will see your bet get paid instantly when Everton scores two goals in a match. The best part? Your bet is a winner regardless of whether Everton loses the match. Can promotions get cooler than this?

Through Everton’s Road to Glory Cash Drops promo, the Stake community gets to share some money for every win the team records.

The Hornet’s “Watford x Stake – 1st Half Goal Payout” promo ensures you win some money equal to the odds you’d backed Watford to win for a goal scored during the first half. The only condition to this is you have to place a win pre-match bet.

These are the promotions that will be running throughout the season, but there are plenty more to benefit from.

Stake will update its promotions section depending on the sports calendar. Their focus is mostly on big events across the sports divide.

I almost forgot to mention the $50,000 weekly giveaway promotion. The prize money – $50,000 – is shared among ten lucky players. To participate, you need to spend $1,000 wagering, which is equal to one ticket. Like any other promotion, the more tickets, the better the chance of winnin

Does Stake offer reliable sports betting services?

It does. The betting site supports a wide variety of popular payment methods, offers superior customer support services, has an optimized mobile betting experience, features a responsive cashout and in-play betting feature as well as regulated services.

1. Supports Popular Payment Methods

It has ten (10) popular cryptocurrencies in its list of payment methods. This makes it easy for you to move your money in and out of your Stake betting account

2. Superior Customer Support Services

Which you can access 24/7 through multiple channels. It makes it easy for you to get help anytime you need it

3. An Optimized Mobile Betting Experience

Enables you to quickly and seamlessly place a bet, cash out, or access other services of the platform. No need to download extra software as you can use your device’s browser to do the same.

4. Responsive Cashout and In-play Betting Features

This is crucial in making quick money and placing bets while on the go. In addition to being responsive, the in-play betting feature has plenty of information/data to help you make the best decision when picking your bet.

Banking Services

Many betting sites online offer banking services for different territories. For example, a UK bettor will have options customized for the UK. A bettor from Australia will access options not available in the UK market.

This is not the case for Stake betting site. Cryptocurrencies are universal and thus enable bettors from different parts of the world to use the same currency. You can pick from Bitcoin, Ethereum, Binance Coin, Litecoin, Dogecoin, Bitcoin Cash, Ripple, Tron, EOS.IO, and Tether.

All these options can be used to make both deposits and withdrawals. You must use the same payment method you used to deposit when withdrawing.

Deposit limits range from a low of 0.00127076BTC to a maximum of 0.50830446BTC or equivalent currency. For all deposits, 1 confirmation is required, and Stake does not support BEP20 from Binance.

Withdrawals, on the other hand, start from 0.00025000BTC. There’s no maximum as to how much you can withdraw. There is, however, a 0.00007BTC processing fee on all withdrawals.

Support at Stake Sportsbook

Stake sportsbook has one of the best customer support teams in the business I’ve come across in a while. The email, live chat, and social media support teams work in tandem to ensure you get help when you need it in time.

All the channels are readily available throughout the day and night. Whether you contact them in the middle of the night or early in the morning, you are sure of getting help fast and professionally.

I must comment that I liked their live chat feature. They included a feature that lets you attach documents. This way, you can quickly get help instead of attaching or sending the document via email and waiting hours or days for a response.

Stake Sports Betting Features

Since the site’s launch, Stake has undergone several upgrades to make its offering as smooth to use as possible. These upgrades have incorporated several features, including partial cashout, automatic cashout, live streaming, streamlined mobile betting, and much more.

**Note that some of these features are subject to availability depending on your location/region. They may not be available to bettors from certain countries or regions.

1. Cash Out Feature

Stake cashout, which enables you to close your bet any time before the end of the event, is a popular feature among sports bettors. It allows you to decide the fate of your bet. With Stake’s cashout feature, you can expect a smooth user experience. Locating it is easy, and cashing out has been made seamless. It features all sorts of events but mainly focuses on big competitions.

2. Betting Odds

Stake has been praised in several Bitcoin sports betting communities and forums for its pricing. They are certainly not the best for margins, but they offer decent odds for anyone not to want to try them.

These odds were consistent and incredible for many sports and markets. The special focus is on sporting events popular in the European and Asian markets.

Football, especially, has slight positives compared to CloudBet and Betcoin – other popular crypto betting sites.

Usually, many betting sites will have three odds formats – Fraction, American, and Decimal. At Stake, there are also Indonesian, Hong Kong, and Malaysian, in addition to the three standard odds formats.

3. Live Streaming

Stake’s live streaming feature allows you to stream some of the events – live. Football, horse racing, greyhound racing, and tennis are some of the events covered in this. You can stream these events after wagering an equivalent of $5 or more within the last 24 hours. You can still stream without wagering if you have money in your account.

I liked the clarity and reliability of the streams. Every time I’ve used it, I’ve not experienced any difficulty. The only disappointing thing is the lack of variety of sporting events to stream.

4. In-Play Betting

Any astute bettor knows the best way to place a bet is through in-play betting. Stake may not have many events covered in its live betting, but the few available offer more value than pre-match betting.

On average, the popular sporting events offer 60 markets. Niche sports, on the other hand, have around 20-40 in-play betting markets. This is still better than what some sites offer, even in pre-match betting.

The odds are also decent. As you’d expect, they’ll keep fluctuating depending on how events unfold in the match. Horse racing, football betting, and basketball have the best in-play odds.

5. Mobile Betting

At the time of writing this Stake review, there’s no mobile application. Bettors and casino players should use their device’s browser to access all the services offered. And I’m 100% sure many of you will appreciate how easy and convenient it is to use the site.

I liked the simple interface, which makes it easy to navigate. You can find the bets of your choice in a few swipes, and owing to how responsive their mobile platform is, you can do so fast. Punters from the UK will have a different website from what other bettors are using. Despite this, their platform is equally responsive, easy to use, and navigate.

Conclusion

Forget gimmicks that most online sports betting platforms have, Stake is an online gambling company with one thing in mind – to become the best!

From its in-play betting, live streaming, user-friendliness, and reliable banking services, few companies can compete with Stake in the online cryptocurrency betting industry. Many of these started way back when the cryptocurrency niche was relatively new.

But as I can tell you, don’t take my word for it. Sign up today and give them a try. As long as you are 18 years and above, living in a region where online gambling is legal, you can become part of the huge Stake community.

Faq

Does Stake offer price boosts?

Yes, Stake offer price boosts from time to time. These usually affect the teams they sponsor or have a partnership going on.

How many sporting events can I bet on at Stake?

At the time of writing this Stake review, there are 34 sporting events from which you can wager. This includes entertainment, politics and eSports bets.

Does Stake offer virtual betting services?

Unfortunately, there are no virtual sports betting services. The alternative to sports betting is online casino and live dealer games.

How much can I stake while betting at Stake?

Stake offers a very flexible bet limit. From as little as 0.000047BTC or equivalent currency you can place a bet. The maximum limit per bet is set at 1BTC or equivalent currency.