Stake Sportsbook Review for 2024
Rating: 4/5
Get over 10 awesome promotions and enjoy high odds on top Indian sports like kabaddi, cricket, and football at Stake! The site offers lightning-fast transactions with cryptocurrency and showers you with personalised bonuses and cool perks through its tiered loyalty program.
Stake Sportsbook Overview
Year Launched:
2017
Licence:
Curaçao
Security:
128-bit SSL certificate |
Sports Offered:
Football, Cricket, Baseball, Basketball, Volleyball, eSports, Field Hockey, Kabaddi, Horse Racing, Martial Arts, Darts
Live Betting:
Yes
Payout:
1 hour
Banking Options:
Visa, MasterCard, Tiger Pay, Bank Transfer, Cryptocurrency
Languages:
Hindi, English, German, Finnish, Spanish
Stake Pros & Cons
Sports Betting
Stake is geared up for the Indian betting market, offering you the chance to bet on more than 35 different sports, including popular disciplines like cricket, football and tennis. You also get the chance to wager on more niche events, such as hockey, snooker and Gaelic football.
The lobby is very easy to follow and you can filter displayed events based on sport, event type and more. You also get the option to save your favourite events and view all the wagers that you have already placed.
Cricket betting is a central feature at Stake and the sportsbook offers you a wide range of markets for both national and international events happening in countries such as India, Pakistan and Australia. You have more than 80 betting markets to choose from for popular competitions like the T20 World Cup, Indian Premier League and Pakistan Super League SRL.
But it’s not just cricket you’ll be betting on, and the lobby also gives you access to other top tournaments such as the MLB, NBA and La Liga. If you’re into virtual sports, then you can wager on top competitions for games like CS: GO, DOTA 2 and League of Legends.
The site also has a bet builder, which makes it incredibly easy to put together accumulator bets from several different events.
Stake Sportsbook Bonuses
Bonuses Available at Stake
At Stake, you get more than 10 bonuses to choose from. Some of these are fixed deals that you can redeem on a daily, weekly or monthly basis, while others are limited one-time bonuses tied to a particular sport, league or match.
Stake has a leaderboard bonus called Daily Races, with a prize pot of 10,000,000, which is given out every day to top players. The money is divided between the top 5,000 players and all you need to do to climb higher up the ladder is to place bets at the sportsbook. The more consistent and bigger your bets, the better your chances of claiming a winning spot.
The sportsbook also runs the Stake Weekly Raffle. With every 100,000 you wager, you earn a ticket for the raffle and the more tickets you have, the better your chances of success. The raffle has a total prize pot of 7,500,000 and this gets divided between 15 players.
Stake’s Loyalty Programs
Upon signing up, you’re immediately enrolled on the Stake loyalty program. This is a tiered setup with 10 levels that offer increasingly better perks and deals. To progress through these levels, you’ll need to earn loyalty points by making real money bets. The bigger the bet, the more points you’ll earn.
Every month, you’re treated to tailored bonuses, as well as a cashback bonus, which gives you back a percentage of your losses. The higher your level, the better the cashback percentage you’ll receive. Once you hit the higher levels of the programme, you’ll also get a dedicated VIP host, who can add a more personal touch in terms of the offers you receive, as well as general support.
Live Sports Betting
You can bet on live events exactly as they unfold thanks to the site’s live betting capabilities. Hit the Live Events section from the sportsbook tab, to get a full look at all the events that are currently running. You can then filter according to the available sports to narrow it down to the matches you’re interested in. The odds in live sports betting are constantly being updated, so you’ll need to follow the action closely to make the most out of the opportunities that pop up.
That’s where live streaming comes in and Stake does a brilliant job of offering you high-quality video streams of live events. Pick the match you want to follow and if it’s available, the event will have a video tab with a live stream of the game.
Mobile Betting
All of the functions that you get on the desktop version of Stake are also available on mobile. You won’t need to download any dedicated mobile apps. Instead, simply access the site from your favourite mobile browser on an Android or iOS device and Stake will automatically adapt its interface to suit your screen size. It’s a straightforward process and you get a seamless experience across all platforms.
Deposits and Withdrawals
You can pick from a variety of popular payment methods to process deposits and withdrawals at Stake Sportsbook. This includes bank transfers, e-wallets, credit cards and cryptocurrency solutions.
But Stake is a purely crypto casino, so you cannot use Indian Rupees. Instead, all of your transactions must be done using crypto. Even if you use e-wallets, bank transfers and credit cards to make deposits, these will then need to be converted into cryptocurrency. You can pick from 10 different cryptocurrencies, including popular blockchains like Bitcoin, Dogecoin and Litecoin.
Deposits are all processed immediately but withdrawals may take up to an hour to reach your account. There are no minimum or maximum deposit caps on deposits, but withdrawals do have a minimum requirement as you’ll see from the table below.
Payment Method | Minimum Withdrawal |
Ethereum | 0.06 ETH |
Bitcoin | 0.002 BTC |
Dogecoin | 5000 DOGE |
Litecoin | 0.25 LTC |
Ripple | 50 XRP |
Start Betting at Stake
Customer Support
All issues and concerns you may have can be forwarded to the Stake customer support team. They can be reached by email and live chat and are available on a 24/7 basis. The live chat option is generally the better of the two and we got a fast response time of under three minutes. The sportsbook also has an FAQ section, as well as a help centre where you can find articles about all kinds of elements related to Stake, including bonuses, payments, wagering and more.
KYC
Hit the Register button to start up the registration process at Stake. The form asks you to enter data such as your full name, email, password and date of birth, before agreeing to the terms and conditions. But before you can make any deposits, you’ll need to verify your identity, address and payment method. For this you’ll need to upload a photo of your identity card, driver’s licence or passport, as well as a bank statement, utility bill and/or rental agreement. The checks can take anywhere between 24 to 72 hours to get verified.
Safe Gambling at Stake
Stake runs on a Curaçao licence and the regulator guarantees that the sportsbook is keeping up with the best levels of fairness possible. It does so by constantly auditing the sportsbook’s practices, making sure you’re getting a safe and secure experience. You get loads of helpful tools in the responsible gambling section. The site gives you recommendations towards safer gambling, including a walkthrough to do a self-assessment of your gambling habits. You can then use features like a monthly budget calculator, as well as loss and wager limits. Lastly is the self-exclusion option, where you can self-suspend your account by one month, six months or a year. If gambling has become an issue in your life, you can get in touch with associations such as GamCare, Gambling Therapy and Gamblers Anonymous. These organisations are all equipped with excellent tools and loads of experience to get you the help you need.
Our Verdict - Do We Recommend Stake?
Stake is a solid Indian sportsbook, complete with a great variety of sports to choose from, excellent bonuses and high odds. You get some very useful features too including live streaming and a bet builder. The site also has a very rewarding loyalty program which adds loads of value thanks to its tailored offers, monthly cashbacks and personal account management.
But that’s not to say that the sportsbook doesn’t have its fair share of downsides. Although exclusive cryptocurrency support means you get lightning-fast, secure transactions it also means you cannot deposit or withdraw using Indian Rupees. You’re also missing a crucial welcome bonus, which would go a long way in helping you out on your initial wagers.
Despite these setbacks, Stake still gives you a great experience and is still one of the best Indian sportsbooks around.
Questions About Stake (FAQs)
Stake doesn’t have a welcome bonus, but it offers you a daily leaderboard prize, monthly raffle and loads of reload bonuses that give you bonus bets for all your favourite sports.
Yes, Stake offers above-average value odds.
Yes, you can bet on live games at Stake, with odds that are constantly changing according to the game’s progression. You can also stream some live games.
Stake has a 10-tier loyalty program offering tailored bonuses, special perks, cashbacks and more.
You cannot make deposits with Indian Rupees at Stake, instead, you’ll need to deposit using cryptocurrencies such as Bitcoin, Dogecoin and Litecoin.