Stake sportsbook review

Stake.com was founded in 2017 by Ed Craven and Bijan Tehrani through their company, Medium Rare N.V., and has grown to be a prominent name in the iGaming industry. The company headquarters are in Curaçao, but it has acquired local licenses in Brazil, Colombia, Mexico, Peru, and Italy.

Highlights of the platform:

• A strong focus on cryptocurrency inclusion, supporting a large number of cryptocurrencies.
• No charge for a deposit, and withdrawal time is one of the fastest in the betting space.
• A wide range of sporting events and very competitive odds.
• A strong loyalty program
• Good customer service and security.
• Support for a wide range of languages to accommodate its international user base, including English, Spanish, Portuguese, Russian, German, French, Indonesian, Korean, Japanese, and eight others.

Stake’s License & Security

The site is a verified operator in the Crypto Gambling Foundation network, licensed by the Curaçao Gaming Authority. The platform holds various local licenses in different countries.

• In Brazil, it is licensed, regulated, and operated under Stake.bet.br.
• In Cambodia, the platform is operated under Stake.com.co.
• In Mexico, it is authorized to operate under the name Stake.mx.
• In Peru, the platform is licensed and regulated, with the site Stake.pe.

Regarding safety, Stake.com uses a range of measures to secure the information and funds of its clients.

• SSL Encryption: Any information exchanged on the servers is secured through 256-bit SSL (Secure Socket Layer). With SSL encryption certified by Let’s Encrypt, the personal information, financial transactions, and communications cannot be intercepted by unauthorized third parties.
• Two-Factor Authentication (2FA): The platform highly encourages and accepts 2FA to increase your account security. Users can enable it using an authenticator app, like Google Authenticator or Microsoft Authenticator.
• Cold Storage: As a crypto-first platform, it holds a significant portion of user funds in cold storage (offline wallets). This makes funds largely impervious to online hacking attempts.

Is there Anonymous Play at Stake.com?

No, the platform requires a KYC (Know Your Customer) verification process before you can make a withdrawal; the anonymous play, which offers individuals the opportunity to bet on online platforms without disclosing any personal information, is currently not available on Stake.com.

Stake.com offers a range of bonuses and promotions that enhance the overall experience. The active sports bonuses and promotions on the platform include:

Welcome Bonus:

New users can earn up to a 200% Deposit Match Bonus, with rewards as high as $3,000.

Stake F1 Team:

Get double winnings up to $100 when your F1 driver wins and a Sauber driver finishes in the top 10.
The minimum stake must be $5.

Close Lose Refund:

In the NBA Finals, if your single bet Winner selection loses by either 1 or 2 points, you can get refunded up to $100.

Power Play Prize Pool:

Contest with a prize of $20,000 when you win specific bets and the players you choose meet their performance objectives.

Stake’s Sport Raffle:

You receive one raffle ticket every time you use a qualifying bet on selected events.
Each extra bet made will get you an extra raffle ticket. The minimum bet should be $5.

June Sports Challenge:

Join the challenge to win a bet with the highest accumulated odds. The lowest wager to play is 1 dollar.
The prize pool is $10,000 and will be shared among the top 50 winners.

Horse Racing – Money Back Offer:

Get up to $100 refunds when the horse you buy back in the Win Market from selected races below finishes 2nd-5th.
Fixed odds bets are only available to the bronze VIP level and higher.

Perfect 10:

By betting on at least 10 matches, you are rewarded when your multi-bet wins at a minimum of x10.
On hitting x100 or more (all sports accepted), you stand to win $50.

Only those with level 2 KYC can take part in the competition, with the minimum bet being set at $1.

Stake.com offers one of the most rewarding VIP programs, making it appealing to both casual and high-roller users. Bettors are automatically enrolled in the program and earn rewards based on their total wagering amount.

The Stake.com VIP loyalty system is as follows:

1. Bronze: Requires $10,000 wagered
2. Silver: Requires $50,000 wagered
3. Gold: Requires $100,000 wagered
4. Platinum I – VI: Requires between $250,000 and $10,000,000 wagered for Platinum VI
5. Diamond I – V: Requires $25,000,000+ wagered
6. Obsidian: An unlisted level for the highest rollers.

The benefits of the loyalty program include rakebacks (5% whether you win or lose), weekly boosts, monthly bonuses, extra bonuses, and a dedicated VIP host (platinum IV members).

Stake.com sportsbook has an impressive lineup of sports and betting markets. The platform satisfies the demands of a wide variety of tastes with more than 40 different sports, and they include:

Football (Soccer): It has comprehensive coverage of major leagues such as the English Premier League, La Liga, Bundesliga, Serie A, and Champions League.
The platform also features many global tournaments and domestic leagues.

Basketball: NBA, EuroLeague, and other national basketball leagues are well represented.

Tennis: Stake.com has Grand Slams, ATP, WTA, tours, and ITF on offer.

Cricket: The IPL, the Big Bash League, and the T20 World Cup can all be found on Stake.com.

More sports markets also include American Football (NFL), Ice Hockey (NHL), Baseball (MLB), Formula 1, MMA/UFC, Rugby, Golf, Darts, Snooker, Boxing, Table Tennis, Volleyball, Political events, and Virtual sports.

eSports

Stake.com boasts of having a significantly large number of esports events on offer. This usually includes hundreds of daily events and thousands in a week, even in off-peak seasons.

Deposits

As a crypto-first platform, there’s a wide range of assets. However, Stake.com stands out in offering no minimum deposit on all its supported cryptos. Additionally, the platform charges zero deposit fees on all transactions. The speed of crypto transactions means that these deposits can appear in your accounts in a few minutes.

If you do not own crypto, Stake.com offers access to third-party providers, such as MoonPay. This means you can purchase cryptocurrency directly on the platform using debit/credit cards, Apple Pay, Google Pay, and bank transfers.

Deposits may incur a fee of 2-3%, and MoonPay typically takes several hours to process transactions. Stake.com provides local fiat payment options for deposits and withdrawals in supported locations.

While deposits may occur within a few hours, banks can take up to three working days to process withdrawals.

The Canadian Dollar (CAD), Indian Rupee (INR), Peruvian Sol (PEN), Mexican Peso (MXN), Nigerian Naira (NGN), and Brazilian Real (BRL) are some supported currencies.

Withdrawals

Customer Support

Quality customer service is one of the main pillars of any respectable online betting service, and Stake.com knows that. They also offer comprehensive support to ensure a stress-free user experience. The available options include:

24/7 Live Chat:

The primary and most efficient method of communication is live chat support, which is available around the clock. It will enable you to obtain prompt assistance with the majority of the queries and issues you may run into on the platform.

Email Support:

Users can use the email support address at support@stake.com if they have more detailed questions or problems that may need documentation.

Help Centre/FAQ:

Stake.com has a stellar help center FAQ and guide on how to use the site. It’s a great option for users who do not need to use customer support to get answers to their questions.

Community Forum:

Through community threads, Stake.com provides a highly active and interactive community forum allowing punters to interact, share information, tip, discuss tactics, and solve common issues with community managers who often help them.

Phone support:

It is not available, but the live chat, email, and detailed knowledge base of its customer service team will address most of the problems you may encounter on the platform.

Stake Reputation & Player Reviews

Stake.com is largely viewed as an innovative and user-friendly platform. Its users complement the platform on quick and secure withdrawal of winnings, a wide variety of games, and very favorable sports/esports odds.

The numerous bonuses, daily races, weekly raffles, and rich multi-level VIP program, especially on the rakeback feature, are also things we liked about the platform. We also found the platform’s design to be genuinely top-tier. It is smooth, user-friendly, and highly optimized to work on mobile devices.

However, we would like to mention there’s no dedicated mobile app on the platform. In addition, we found the KYC restriction on withdrawals a bit bothersome.

Responsible Gambling Tools

Stake.com is also committed to responsible gambling with multiple resources and features that assist players in controlling and managing their betting behavior. These include:

• Deposit Limits:

Its users can impose a deposit cap on their accounts daily, weekly, and monthly to restrict the amount they spend on the platform.

• Loss Limits:

These are just like the Deposit Limits, as loss limits restrict the amount of money a user can lose at any given period.

• Session Reminders:

These notifications inform users of the duration of gaming so that they are encouraged to take breaks.

• Self-Exclusion:

Users who require longer breaks due to their need to have more time off have the opportunity to use the self-exclusion options of either six months or indefinitely. In self-exclusion, accounts are put into a restricted mode, taking only withdrawals.

• Betting History:

Users can check their full betting history, which allows them to keep track of their betting.

These features are crucial in the promotion of healthy gambling behaviors and are readily available in the account settings.

Conclusion

Stake.com Sportsbook is an excellent option for sports betting. We found the platform to have a great user interface, extensive sports coverage, competitive odds, great customer service, and swift deposits and withdrawals.

The welcome bonus and the robust VIP program also contribute to making the platform more rewarding to both new and existing users. But we wish to have dedicated mobile apps and more options for fiat deposits and withdrawals.