Stake Casino

Stake Casino Review Highlights & Information

Is Stake Casino Legit?

Stake is legit, arguably one of the few online crypto casinos you can trust. Stake was launched in 2017 by Ed Craven and Bijan Tehrani, two entrepreneurs working in the casino game development space. Stake is registered under the Medium Rare N.V. company, which has offices in Australia, Cyprus, and several other countries.

Stake holds a Curacao eGaming license issued under Antillephone N.V. Although that’s not the strictest licensing body, it’s the only authority granting permits to crypto gambling sites. Stake has since acquired licenses from the UK Gambling Commission and several other countries to launch local sites per their regulations. For example, the Stake.uk.com site accepts £ only. In 2023, Stake.us was also launched based on the sweepstakes model and legally operates in 40+ states.

There is no questioning of the Stake casino games’ fairness, they are hosted by legit gaming vendors holding multiple licenses and being subjected to RNG and RTP checks at random times. Stake also allows real-time verification of its provably fair titles (Originals/Exclusives) through the blockchain.

Here is an overview of my review findings regarding Stake’s legitimacy:

What alarmed me, though, is that a Stake Ethereum wallet was hacked in 2023 by the Lazarus Group. The company lost $41 million as a result. Players didn’t suffer on an individual level, yet this shows that the security of the site might not be to the standard they claim.

Stake Casino Bonus Codes & Promotions

Stake.com doesn’t openly advertise welcome offers such as deposit bonuses and no deposit deals. Players in selected jurisdictions might get them, though. For instance, I found that a 200% first deposit bonus of up to $1,000 is available in selected countries. US players joining Stake.us also qualify for 10,000 GC and 1 SC no deposit.

Instead of fixed deals, Stake strives to maintain its player base through existing customer promotions and loyalty rewards. I cover some of the latest Stake bonuses in the following sections, here is a quick round-up.

Stake bonuses and promotions come with a set of qualification and wagering requirements. I urge you to go through the T&Cs of each bonus before claiming it, here are a few clauses to keep in mind:

• Most bonus funds come with a 40x wagering requirement.
• Games players cannot wager with an active wagering requirement are listed here.
• Challenges and promotions expire, grab them while you can.

Stake Casino No Deposit Bonus Code

No deposit bonuses are often employed by smaller casinos and newer brands. Stake doesn’t need such a deal to attract players, though its US sweepstakes casino skin, Stake.us, awards newcomers 10,000 GC and 1 SC on sign-up. Stake Cash wagered 3x can be redeemed for real cash prizes. Stake.us is available in 43+ states, so anyone based in the US is likely to have access to this bonus.

Keep an eye on the Stake social media channels for bonus drop codes, they expire quickly but unlock freebies to extend your gaming activity without spending any money.

Welcome Bonus

The Stake welcome bonus is a 200% deposit match up to $1,000. This means that when you sign-up and deposit $500 you’ll get $1,500 to play at Stake. The offer comes with a 40x wagering requirement you must complete to make the bonus funds cashable.

Promotions & Offers

Stake’s VIP scheme paves the way for the best rakeback deal in the iGaming industry. Rakeback cuts the casino edge by returning a percentage of the RTP to the player as a bonus, and Stake VIP players can enjoy up to 10%. Players start at the Bronze tier and can reach Platinum III for the best VIP rewards. Level-up bonuses, personalised deals, and progressive rakeback are some of the perks included in the scheme. The more funds you wager, the higher you climb in the Stake VIP ladder.

Another deal you shouldn’t let slip by is the affiliate scheme. You can generate an exclusive link and share it with friends to sign-up and play at Stake. Then, you get a commission based on their activity – there is no cap or expiration, and you will be getting your share for life.

Tournaments by prominent gaming vendors like Pragmatic Play are also featured on Stake. The tournament rules indicate the games you must play and the minimum wager to enter the leaderboard and hopefully win prizes.

Similar tournaments take place on a site level too. Stake hosts weekly raffles, daily races, forum and social media challenges, and more events you can partake in and potentially win a share of the prize pools.

Don’t forget to regularly check the Stake promotions tab for the latest casino and sports offers. You should consult this section to play games granting you entry to the amazing competitions hosted by the casino.

Stake Casino Registration

Stake takes a minimalistic approach crypto sites have adopted since its launch. The casino has a light black and grey background, and you are instantly presented with the registration page through the ‘Register Instantly’ banner. You can also sign-up by letting Stake take your info from Facebook, Google, or other social channels.

Information you must enter to manually register at the casino includes your email, username, password, and DOB. You must also tick that you agree with their T&Cs. These include the eligibility criteria – 18 as a minimum age and that you are in a supported jurisdiction. Players from countries where Stake operates under a different license/domain will be redirected automatically. Non-eligible players will be blocked, and usage of VPN is strictly prohibited. Stake conducts KYC checks to prevent underage and non-eligible users from engaging with their services.

After signing up at Stake, you can select Casino or Sports and use the menus to find your way to the deposit page, forum, games, promotions, and the like. The support of multiple languages, currencies, and contacts ensures a seamless gambling experience.

Casino Banking

Stake is a crypto only casino and sportsbook, meaning you can only deposit and withdraw in cryptocurrencies. The supported ones include:

• ApeCoin (APE)
• Binance Coin (BNB)
• Binance USD (BUSD)
• Bitcoin (BTC)
• Bitcoin Cash (BCH)
• Chainlink (LINK)
• Cronos (CRO)
• Dai (DAI)
• Dogecoin (DOGE)
• EOS (EOS)
• Ethereum (ETH)
• Litecoin (LTC)
• Polygon (MATIC)
• Ripple (XRP)
• The Sandbox (SAND)
• Shiba Inu (SHIB)
• Tether (USDT)
• TRON (TRX)
• Uniswap (UNI)
• USD Coin (USDC)

Players can utilise several fiat banking methods and currencies to instantly buy crypto through Stake. The exchange rates are not competitive, though, so you might want to buy crypto from one of the mainstream exchanges instead. Banking methods you can utilise to buy crypto at Stake include:

• Visa
• Mastercard
• Apple Pay
• Google Pay
• SEPA
• PIX
• Moonpay

Bank transfers might be accepted in selected jurisdictions. Likewise, currencies, payment methods, and banking limits differ in jurisdictions where Stake operates under a local license.

Withdrawals are processed in crypto only, too. Payouts are usually instant, blockchain congestion might result in occasional delays, though. Stake doesn’t limit deposits and maximum withdrawals in any way. Minimum payout limits apply, though, as well as blockchain fees. Here are a few examples of this.

One unique aspect to note here is that Stake allows players to tip each other.

Stake Gaming Features & Software

Stake primarily offers casino and sports betting. Although sites of this calibre tend to also offer poker and horse racing, Stake sticks to what it knows best.

I could not identify who sets the odds for the Stake sportsbook, so this is probably done by an internal team. Stake Originals are proprietary games developed by the casino dev team – meaning that you can only play the following there:

• Mines
• Plinko
• Dice
• Limbo
• Crash
• Dragon Tower
• Wheel
• Blue Samurai
• Tome of Life
• Scarab
• Spin
• Slide
• Keno
• Hilo

Stake has partnered with nearly 50 independent casino studios, too. Evolution, Pragmatic Play, and Nolimit are some of the companies packing the Stake lobby with over 3500 games.

Stake Casino

Stake casino games are grouped across several categories to ensure seamless access despite the sheer number of gaming options. They include:

• Stake Originals
• Stake Exclusives
• Slots
• Live Casino
• Game Shows
• New Releases
• Bonus Buy
• Enhanced RTP
• Table Games
• Blackjack
• Baccarat
• Roulette
• Providers

Although the majority of the above categories can be found elsewhere, the Enhanced RTP slots and Stake games are exclusive to this casino. You can find mainstream games with RTPs boosted to over 98% in the Enhanced category. The Stake Originals are renowned for their solid odds and nearly 99% RTPs as well.

Players can wager as little as $0.01 to $500k or more per round at Stake. This casino welcomes everyone, truly. Another great feature is that you can view how many people are playing every game through the lobby.

Sports Betting

Thousands of odds are listed daily on the Stake sportsbook. You can view them in your chosen format, decimal, fractional, American, Hong Kong, etc. Basketball, Baseball, Tennis, Soccer, Cricket, Table Tennis, and various other sports markets are covered in-depth. Straight, accumulator, over/under, and a range of prop bets apply to each event. With over 30 sports betting markets and 15 eSports, any sports bettor should find something worthwhile.

The promotional tab helps quickly identify big events you can wager on for extra winning opportunities, while the live section is perfect for fast-paced betting with quick returns.

Having said that, the depth of Stake Sportsbook doesn’t compete with the features of household names like bet365 and Betway. On the other hand, the Stake Casino sits right up there with the best gambling sites in the world.

Mobile Casino

Crypto gambling sites operating across multiple countries are unable to develop native apps for Android and iOS users. Stake is no different. Instead, it has taken a more intuitive approach by developing a mobile-compatible site and optimising it to ensure seamless navigation.

During the evenings, I usually play through my iPhone and Stake has never let me down. The mobile casino works on Safari and loads instantly. The layout of the site is slightly different but ensures easy access to games and all menus with a single tap.

The games featured at Stake use Flash software which is compatible with both desktop and mobile, so you won’t face any problems playing either.

What needs to be stated, though, is that playing at Stake through tablets offers the best gaming experience. Especially for live casino games and sports betting, where the interface is busier. In any case, accessibility is never an issue with this casino.

Support Methods

User testimonials regarding Stake support services range. The live chat has always worked best for me. It is available right away through the headphones icon placed near the footer. You first have to engage with the chatbot before being connected with a real agent, which is not ideal. Stake agents are efficient, so you should eventually resolve any problems.

Email support is available 24/7 but it took an average of 24 hours to get a response when I used this route. Others have reported shorter waiting times.

The good news is that the forum, blog, and help centre let you manually resolve your queries without even getting in touch with Stake.  

Pokies.bet Verdict: Stake Remains an Excellent Option

I have reviewed hundreds of online casinos, many of which are crypto-first gambling sites. The problem with most of them is questionable reputation – crypto sites hold second-class licenses and often disappear without notice.

Stake was met with the same challenge when it first launched back in 2017. However, the casino has since established a real presence by collaborating with notable companies and celebrities, while also launching in regulated markets like the UK. As such, Stake tops the charts when it comes to safely gambling online using crypto.

In terms of features, Stake packs top-notch casino and sportsbook segments. I didn’t identify any major gaming category or provider missing. Navigation, support, mobile compatibility, registration, and all major departments check out. They don’t fall second to any casino I have previously reviewed, ticking all my benchmarking criteria.

Still, players who select casinos based on their welcome bonuses and those who prefer gambling using fiat money must look for an alternative gambling platform.  

• About the Author
• Affiliate Disclosure

Mike Fatouros Chief Editor

Michael has reviewed and verified all information on this page. Having worked in the iGaming industry for over 8 years, he is the most capable person to help you navigate online casinos, pokies, and the Australian gambling landscape.

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Our company receives financial compensation when players click the links and use the services of websites we promote through Pokies.bet.

The above does not affect our evaluation criteria. We take pride in what we do, always sourcing readers with honest reviews and guides. The Australian gambling landscape is a complicated one, and our editorial team strives to direct you to legit and safe operators.