Pros
- Good live betting.
- Beautiful on all devices.
- Simple and easy to use.
- Fast deposits and withdrawals.
Cons
- Forced address re-use.
- High minimum withdrawal.
Stake came from the team at Primedice, one of the oldest and most trusted crypto gambling sites. Stake has long been one of the best crypto casinos and dice sites, and now they have added a fantastic crypto sportsbook. Stake is a full-featured dedicated sportsbook, not a casino with a sportsbook squeezed in as an afterthought.
One great feature is the smallest minimum bet in the industry. At the time of writing the minimum bet of 100 satoshis is slightly more than $0.01 USD! This is perfect for testing new betting and staking strategies you are working on. In addition, Stake offers a very large max bet which is commendable.
User experience
What is Stake Sportsbook?
Stake Casino and Sportsbook was set up in 2017. It is owned and operated by Medium Rare N.V. With Primedice also under their belts, it’s no surprise the company took another step into the crypto space. Stake has an incredible reputation on the market and provides sports betting and casino gaming to crypto bettors.
Anyone looking for a high-quality sportsbook with excellent betting opportunities should take the time to engage with our Stake review. We have thoroughly reviewed all areas of the site, ensuring players understand precisely what’s available when signing up here.
The design is beautiful and intuitive on all devices. You will never be confused or left looking for something that is not where you expect it. Everything works and flows perfectly. The dark theme allows for long sessions in total comfort. The community chat – where you can pick your language – is always active and helpful with the sports betting chat kept separate from the casino chat.
Stake runs regular promotions on their site, for example, money-back specials, raffles and a VIP loyalty program. As you progress from bronze to diamond within this program you earn more promotions and benefits, which is a nice touch.
eSports
Crypto has an intrinsic link to eSports. The rise of eSports coincided with the rise of crypto, with crypto sportsbooks offering eSports as an option before any traditional sportsbook. As such, it’s always good for crypto sportsbooks to offer eSports as a betting option.
Stake ensures it respects the past of crypto betting by offering eSports betting to players. Players can bet on the biggest eSports in the world, including Call of Duty, Counterstrike, eFootball, and League of Legends. It could offer a slightly more extensive selection of lesser-known titles, but the most significant games are all available for betting. Stake also has good market selections for eSports, which is excellent for bettors looking for good value.
Crypto Gambling Awards
Stake Casino has won several gambling awards in the past. At the 2021 Crypto Gambling Awards, Stake won the best live betting and best dice site. It shows it’s dedicated to providing the best service to its players and has the recognition to show for it.
Mobile App
Stake doesn’t have a mobile app available to players. However, the mobile browser site is fantastic. It allows players to easily access Stake on the go, as long as their mobile device has a browser installed. In addition, the site is well-optimized, so it loads up rapidly, and there are no limits on what players can access. Although slightly slower than a mobile app, it still provides an overall excellent experience.
Odds
Sportsbook's overround: 4.8%
50:50 equivalent: 1.91
The odds are good value and competitive. Like everywhere, the live odds have quite a bit more overround built into them than the pre-live odds do.
NFL odds seem to be highly competitive, while the minor sports and more obscure markets do have a bigger edge.
Automated betting with the Stake API
The Stake website is excellent for general sports betting but what if you developed a betting strategy that requires you to place a large number of small bets or to react to information faster than a human can navigate the website? In these situations, you may want to develop a betting bot that places bets on your behalf. Fortunately, Stake has an API that makes it easy to place bets programmatically with only a small amount of code.
Although the Stake API is undocumented and it can be a bit annoying to have to reverse-engineer it from Stake’s website since it is the same API that powers stake.com it is extremely powerful and enables automation of anything that can be done manually through the website. With a small amount of code, it should be possible to build some clever betting applications.
Range of bets
Range of sports, leagues and events: Great. A huge range of sports are available.
Range of bet types per event: Huge, over 100 different markets on the big soccer leagues.
Live betting
The live betting is wonderful. You get a clear detailed scoreboard, real time odds changes and rising/falling odds indicators. The cashout feature is smooth and easy to use.
The coverage is very comprehensive including minor sports and leagues, however we are disappointed by the lack of integrated streams.
Transactions
Unique deposit addresses: Not available.
Confirmations before bet: 1.
Withdrawal time: Instant.
Player to player transfer: Available.
You can deposit with any of the hundreds of cryptos supported by Coinswitch and have it converted to any of the half a dozen main coins of your balance.
We love the max withdrawal button which saves you from having to enter your full balance down to 8 decimal places, although the minimum you can withdraw is 2 m฿, which is high.
Customer service
Customer service channels available: Live chat and community chat.
Speed of replies: Nearly instant.
Accuracy of replies: Good, staff are well trained and knowledgeable.
Real life customer service test
Question: Hi, how many confirmations does a deposit need before I can bet with it?
Answer:It depends on a coin you deposit actually.
Kindly check the list below to see how many confirmations is needed for your deposit to be credited to your balance:
BTC: 1 confirmation
ETH: 12 confirmations
LTC: 6 confirmations
DOGE: 6 confirmations
BCH: 2 confirmations
XRP: 1 confirmation
TRX: 1 confirmation
EOS: 1 confirmation
Notes: The agent responded quickly, with an easy to read answer which covered my question.
Privacy and security
Information required at signup: Email address.
2 factor authentication: Available.
Stake has 3 levels of verification:
- Level 1: Name, date of birth and address.
- Level 2: Proof of identity (passport or driver’s license)
- Level 3: Source of funds and proof of address
Stake says this is to stop bonus abuse and respect the privacy of the players. They insist this is optional, offering bonus incentives if you do. We haven’t ever been asked to provide documents upon withdrawal.
Crypto Gambling Awards
Geo-targeting
Bettors in the following countries are geo-blocked by Stake:
- Australia
- Cuba
- Curaçao
- France
- Iran (Islamic Republic of)
- Italy
- Korea (Democratic People's Republic of)
- Netherlands
- Poland
- Portugal
- Slovakia
- Sudan
- Syrian Arab Republic
- Venezuela (Bolivarian Republic of)
- Czech Republic
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Bonuses
Stake Bonuses & Promos
Stake doesn’t give players a welcome bonus, which is a slight downside. However, plenty of other promotions help bettors boost their budgets. The loyalty program is also excellent, which makes it easier for regular bettors to grab additional rewards.
Existing Customer Promos
Every day Stake offers a daily race promotion. Here players can battle other players for a stake of a $100,000 prize fund. Players can also earn tickets for a weekly $75,000 prize by placing bets. There are also seasonal promotions where sporting events have special betting conditions making them more appealing. So, the World Cup, NBA and NFL playoffs and other significant events all see special bets available to players.
Loyalty Program
Players earn points for every bet they place at Stake. The points can help players to increase their VIP level, which will then provide higher rewards. There are nine levels, which will increase everything from their total wager amount to the potential rakeback available.
Stake run a VIP program where you can earn rakeback, weekly & monthly bonuses and level-up bonuses (awarded when you progress up a level).
The bonuses ramp up the higher ranked you get (starting at bronze and ending at diamond). Keeping tabs on your current status is easy using the tracking bar, which is clear and beautifully designed.
The bonuses also increase if you verify your account, although Stake insists this isn’t mandatory.
- Level 1 verification: 10% extra
- Level 2 verification: 12% extra
- Level 3 verification: 13% extra
Stake will also add random promotions to your account and notify you via email – always a welcome surprise!
Overall
How does Stake Compare to Sportsbet.io and BC.Game?
Many players consider Stake one of the best sportsbooks in the crypto space. Part of this is due to its fantastic service and the overall features available at its site. With crypto gambling awards, it’s rightly built up an incredible reputation. So, we’ve chosen to compare it to two other powerhouses with superb reputations.
Sportsbet.io has a slight edge when it comes to its eSports choice. Stake has a good range of top-level eSports, but Sportsbet.io provides a few more lesser-known options. In terms of bonuses, Stake and Sportsbet.io are pretty much neck-and-neck. Stake has more seasonal promotions, so big event bettors may prefer the overall Stake experience.
The majority of the betting market holds BC.Game as the pinnacle of the crypto sportsbook market. Of course, this is a subjective point, as different players will have different needs. Despite this, Stake manages to compete with it on an even level. BC.Game provides a better crypto reward scheme, but Stake still has a good range of promotions. It’s a tough choice between each site, with some players likely to prefer Stake, but on the whole, BC.Game is a slightly better choice.
Stake Sportsbook Expert Verdict
Stake is a fun sportsbook to bet on with good odds, a great website, tiny minimum bets and large max bets. The sportsbook is close to perfect and as a bonus you get great dice and casino games to play from the same account balance. The overall high quality of operation and how everything just works lets you know you are in good hands and your funds are safe.