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Esports Betting / Stake Review

Stake Reviews & Ratings for December 2022 - Is it legit and safe to play?

Drake approves: Read our Stake verdict for casino, sports & esports

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Last Updated on 22/11/2022
Fact checked by: Alyx Tzamantanis

With the ever-rising popularity of cryptocurrency, it was inevitable that an eSports sportsbook was coming our way. Luckily, we have Stake. A Bitcoin-friendly sportsbook and casino combining eSports betting and crypto.

Stake has slowly become one of the best eSports sites reviewed by us at Strafe.com, one of the reasons would be their great promotions, at sign-up enter code STRAFESPOVIP for the sportsbook, and STRAFECASVIP for the casino. It is not every day that we come across a site that provides such eSports betting options! Keep reading this review for our honest opinions of Stake.

Stake.com: Pros & Cons
  • 500,000 betting events annually
  • Super fast withdrawals
  • 24/7 customer sercice
  • Live Chat
  • Large selection of cryptcurrencies
  • Two-factor authentification
  • Limited international markets
  • Sport betting odds aren't the best in the market

eSports Bonus

When it comes to offering bonuses and promotions, you can rely on Stake to provide some of the best in the business in order to help bring more excitement to your betting experience. If there’s one thing that really makes the Stake rating skyrocket - it is definitely Stake’s ability to reward its players.

Stake offers a multitude of eSports bonuses that can be paired alongside any bet. These eSports bonuses come in the form of cashback, bet insurance, and even the opportunity to enter a raffle. However, the most popular bonus offered at Stake is the challenges section. These eSports challenges not only add excitement to your bet but are pretty easy to participate in.

Lastly, Stake offers an exclusive eSports betting VIP program. This program allows players the opportunity to earn weekly and monthly bonuses which significantly improve as they move up in rank. In addition, Stake likes to surprise its VIP members by sending promotions via email every now and then.

How to use promo codes: STRAFECASVIP and STRAFESPOVIP

Step 1 Registration

Begin by clicking the "register instantly" button at the top of your screen.

Step 2 Information

You will now be faced with a registration form, fill out the details of your personal information; input your email address, choose a username and password, and state your date of birth.

Step 3 Bonus code

Enter the promo code of your choice here; STRAFECASVIP for Stake.com Casino, or STRAFESPOVIP for the Sportsbook. Ensure the promo code is included and spelt correctly, failure to do so could result in being unable to claim the offer.

Step 4 Complete registration

Once you are sure all the information is correct, read the T&Cs and click the box to confirm this. After this, click the "play now" button to complete your registration.

Step 5 Verification

After registration, you will be sent an email. Click the link provided to verify your account.

Strafe promo codes - are they worth it?

Now that you know how to use the Strafe promo codes at the Stake.com casino and sportsbook, you likely want to know if they're worth the extra steps. We'll rest assured that they indeed are. Whenever you enter the STRAFECASVIP and STRAFESPOVIP, you'll get awesome bonuses you won't get anywhere else. You'll receive a 10% rakeback on your losses, and an awesome deposit match bonus of 200% of up to $1000. These are some awesome promo codes, and remember that they are exclusive to Strafe!

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Usability, Look and Feel

This Bitcoin-friendly sportsbook offers a wonderfully user-friendly interface that is very straightforward to navigate, granting you easy access to sports and casino within a click or two. This design is intuitive on all devices, and so your experience will not be compromised if you decide to bet using a smaller screen.

Additionally, Stake has its own blog which not only offers wonderful betting tips from professionals but also answers the community’s most popular questions. In addition to the blog, you can find a forum and community chat accessible in 8 different languages. In our opinion, this feature alone gives it one of the best Stake reviews from us!

Those who need further help and scroll to the footer of the homepage and click on the "Help Center" link. There is a good chance that this section will be able to help you with all your queries without you having to seek live assistance.

Stake review 2022 hompage

Mobile Experience

So far, there have been very few downsides to Stake. However, if you are one of those individuals who likes to bet on the go using the convenience of a mobile app, then we are sorry to say that Stake has not yet designed one. 

Now, we’re not saying you cannot use Stake on your mobile, we’re simply saying there is no app. Luckily the Stake browser is heavily optimized for mobile use. The browser is responsive, smooth, has no lag, and offers all betting options found on the desktop.

Gambling Aware Program

A cool thing about Stake.com Casino: they offer help to people with an real addiction to gambling.

If at some point you feel things are getting out of hand, you have access to Stake's responsible gaming tools:

  • Deposit limits;
  • Self-exclusion;
  • Alerts the user when you spend too much time playing.

You can find further info on Stake.com footer section!

Payment Options

As discussed above, Stake is a cryptocurrency-friendly sportsbook and casino that only accepts cryptocurrency. However, this doesn’t mean that players are only limited to Bitcoin. Instead, punters are able to choose various cryptocurrencies to play with such as:

A Table of Stake's Payment Options and Details

Crypto Payment Options
  • Bitcoin - (BTC)
  • Litecoin - (LTC)
  • Dogecoin - (DOGE)
  • Ethereum - (ETH)
  • Bitcoin Cash - (BCH)
  • Ripple (XRP)
  • Tron- (TRX)
  • EOS - (EOS)

Deposit Info

Should you want to make a deposit in cryptocurrency on the site, you will need to place a Stake.com minimum deposit of $10 on all cryptocurrencies except Bitcoin. Bitcoin requires a $20 deposit minimum.

All deposits are cleared immediately meaning that there is no delay between making your payment and being able to enjoy the entertainmentent on offer.

Withdrawal Info

The cashout times at Stake.com are extremely fast. Most withdrawals are processed within half an hour, which means you should receive your money the same day.

Additionally, as of recently, Stake has added a function that allows players to buy crypto directly on their website using FIAT currency. This means that you can use Stake as your primary online gambling provider without having a cryptocurrency account elsewhere. While you deposit and withdraw in crypto, all gameplay is completed in your fiat currency of choice. However, the transaction rates offered here are not the best, and so your best option would be to create a crypto wallet and purchase crypto using other means before participating in Stake betting.

With that being said, one of the best perks of using cryptocurrency is the speed at which you can cash out bets. At Stake, you can expect some of the fastest withdrawals amongst online betting platforms. The withdrawals here are all automatically and instantly processed which means that you can get your winnings as quickly as the cash travels through the crypto blockchain.

Hand-in-hand with fast withdrawals, you can expect a speedy settlement of bets. Bets are settled as soon as the bet has won. For example, betting on a team to take first blood and first blood occurs within 4 seconds of the game starts, your bet will be settled within 4 seconds. These experiences significantly improved our Stake rating, similar to those found at our 1xbet rating.

Customer Support

Customer services are typically the make or break for many online betting providers. Fantastic customer support can help answer such questions as “is Stake legit?” and “is Stake safe?”.

The live chat option is Stake’s favorite way of communicating with its players. This live chat feature is available 24/7 and an expert team will always be on hand to offer you the advice you need. According to various statistics, most customers will receive help within 5 minutes.

The only issue we could find with the Stake customer support system is the lack of a telephone line.

Overall, the customer support offered at Stake is exceptional, regardless of the lack of telephone communications.

Is Stake legit?

In short, yes. Stake is one of the most legitimate cryptocurrency sportsbooks and casinos out there. When asking yourself “is Stake legit?” You need to first check the licensing. Stake is licensed by the appropriate Gambling Committee of Curacao, and also holds licenses from Saint Kitts and Nevis. The company is owned by Matthew Leibowitz, and was founded in 2017.

To put things into perspective - no other cryptocurrency gambling platform has been guaranteed a more reputable license than Stake.

Second, we’re going to answer the question “is Stake safe?”. Our research of the Stake website has concluded that Stake is indeed safe, using various privacy and safety measures to ensure your information is encrypted. Additionally, cryptocurrency - as the name suggests - is entirely encrypted and anonymous, and so you need not worry about your money going elsewhere.

Stake also offers a 2FA security system which is standard safety for crypto. Lastly, Strafe has recently become a verified member of the Crypto Gambling Foundation, guaranteeing fairness in all crypto games offered at Stake.

Restricted Jurisdictions

Please be aware that players in certain regions may not be able to enjoy the gameplay at Stake. Here is a list of the prohibited countries:

Australia, Belarus, Ivory Coast, Cuba, Curacao, Czech Republic, Congo (Brazzaville and Kinshasa), France, Iran, Iraq, Liberia, Lithuania, Netherlands, Portugal, Serbia, Slovakia, Sudan, Syria, United Kingdom, United States, Zimbabwe, Germany, Libya, South Sudan, and Spain.

Stake wars that certain countries not listed may still be banned. It all depends on your country's stance on online gambling, so please be sure that you are allowed to gamble legally from your jurisdiction before signing up.

Regular Rewards for Regular Players

Stake.com is devoted to ensuring that its players never get bored with the platform. That's why there are so many different promotions available across the various channels. You can enjoy weekly races with prize pools of up to $50K available. The platform offers random drops, level-up opportunities, special sports promos, and loads of tournament actions. You can scroll through literal pages of fresh offers.

All Stake players can climb the VIP ranks as well. Once you've reached various spending benchmarks, you will unlock new status tiers which provide you with a heightened experience on the platform. Your Rakeback, bonuses offers, and perks increase each time you climb. There are 5 base status tiers:

  • Bronze - Spend $10K or more
  • Silver and Gold - Spend between $50K and $100K
  • Platinum I to III- Spend $250K to $1 Million
  • Platinum IV to VI - Spend $2.5 million to $10 Million
  • Diamond - Spend $25 million

Stake also incentivizes users who watch the Stake Drake channel. Drake frequently gives away cash prizes and benefits to his viewers compliments of Stake.com.

 

Stake Sports Betting

Stake Sports Betting

Stake is not only an eSports bookmaker but also provides various odds and markets on a multitude of sports. In fact, Stake hosts betting options for over 25 different sports and events, so you can ensure that your time spent here will not result in any boredom.

Betting Markets

Stake offers wonderful odds on large sporting events such as the English Premier League. Stake pays out an average of 95%+ of its bets made on these events, and so you can ensure that your money is in safe hands when asking yourself the question “is Stake legit?”.

Still interested in sports betting? Did you read our VulkanBet review and decide you want more? Well, you’re in luck. Those of you interested in sports betting will be interested to know that Stake betting is divided into 35 different categories.

Stake review 2022 Sportsbook UI

Odds

Each of these events comes with over 100 different betting options. The odds are displayed as either fractions or decimals, and you can choose to your liking. However, one major downfall of Stake is that these offered odds are competitive but still lower than the majority of Stake’s competitors.

Live Betting and Streaming

One of the best features of the Stake website is its live betting and streaming services. If you prefer to place bets on live games, then you’ll seriously appreciate the efforts Stake has gone through to provide one of the best live betting services.

Simply click on the “live events” section in the navigation bar in order to find all in-play matches. Once here, find the match or sport of your choosing and go wild. For each match, you can expect to find continuously changing odds - as often as every 10 to 20 seconds. You can also place multiple bets at the same time during in-play bets and you can cancel your bet if the odds do not change in your favor.

Limits

At Stake, there are no maximum betting limits. Since you are betting with fully encrypted cryptocurrency, you can bet as much as you like. Of course, we are not saying you bet all of your Bitcoins on one event, but the option is there if you need it.

If you feel safer with a betting limit, you can place your own limits so you don’t make any accidental huge bets.

Stake Sports Conclusion

As well as being a wonderful eSports betting platform, Stake reviews have agreed that this platform does well in providing a full sportsbook experience. The sports betting features offered here are fantastic and can compare to some of the best sportsbooks out there, and the odds offered are extremely competitive. The exclusive Strafe promo code STRAFESPOVIP for the Stake.com sportsbook adds to the allure of this awesome betting site.

Stake Casino

Stake Casino

Before Stake became the renowned cryptocurrency sportsbook it is today, it started off as one of the first Bitcoin-friendly crypto casinos in the world. When asking “is Stake legit?”, when it comes to the casino, you’ll be pleased to know that the Stake casino holds a gambling license offered by Curacao.

Software

The main software provider for the Stake casino games is Evolution Gaming, a leader in casino game development and one of Stake Crash Game creators. This means that you can ensure your games will load quickly and if you are a casino expert, you can find the games you know will be tailored to you.

Games Portfolio

The Stake casino features a plethora of games such as:

  • Slots (over 800 titles)
  • Live Casino (over 20 games)
  • Game shows (over 7 games)
  • Progressive Jackpots (over 40 games)
  • Table Games (over 40 games)
  • and many others!

Each of these categories has multiple games, as well as 16 original games that are both developed and owned by Stake. In total, the Stake casino uses over 25 providers to create over 1000 games for players to enjoy.

Stake Casino is especially well known for its "Originals" and "Exclusives" game selections. The original games are made by the operator themselves and cannot be enjoyed anywhere else on the planet. Games such as Crash and Mines are real player favorites. The exclusive games include a joining up of forces. Stake and other reputable game makers have partnered up to produce slots, arcade games, and live casino games that provide bespoke limits and gameplay for Stake members.

Stake Video Poker

Stake Casino also has a poker section you can play around with. And well, it's not an regular poker game, instead, you'll challenge the house in a simple one deck showdown.

How to play Stake Video Poker

  1. The house deals 5 cards to start a round;
  2. You can choose which cards to keep or discard.
  3. Discarded cards are replaced by new ones from the deck;
  4. Payout is based on your poker hand.

You can get 2x your initial bet if you hit 2 pairs, and up to 800x if you score a Royal Flush!

Live Casino

Stake offers a wonderful live casino that provides the most popular table games using real dealers! You can expect to find the likes of roulette, baccarat, poker, and craps, along with various other Stake-only games!

Those that prefer gameshow entertainment can load up options from Evolution Gaming, including Crazy Time, Dreamcatcher, Deal or No Deal, Football Studio, and a few more.

Limits

As with the Stake sportsbook section, there are no betting limits when it comes to the Stake casino. Having said that, certain tables cater to different budget levels. Low-risk players can play for between $1 and $500 per round, while high rollers can increase their stakes considerably, depending on their status tier.

Conclusion

Although Stake is most commonly used as a sportsbook, this and various other Stake reviews have agreed that the Stake casino is not only one-of-a-kind but is very good. It offers nearly all features of a standard online casino and allows players to bet cryptocurrency, which is a feature rarely seen. Use our STRAFECASVIP promo code upon sign up for a headstart!

Stake Esports

Stake eSports

One of the prime features of this crypto-based sportsbook is its wide availability of eSports games for you to place a bet on. Various other Stake reviews have confirmed that Stake is one of the best eSports betting platforms out there. Let’s see why, shall we?

Games

Various Stake reviews have agreed that the range of eSports available to wager on at Stake is colossal, and so you can expect to find betting markets for the following eSports games:

  • Counter-Strike: Global Offensive
  • League of Legends
  • Dota 2
  • StarCraft
  • Fifa
  • And many more.

Tournaments

To improve Stake ratings, Stake offers various betting events and tournaments on the many eSports listed above. Additionally, you can expect to find competitive odds on eSports tournaments - both minor and major competitions. The best part? Stake eSports betting gives you the opportunity to live stream various eSports competitions. This feature was significantly praised in multiple Stake reviews.

However, there is one downfall when it comes to eSports betting here at Stake and that is some smaller game franchises such as Hearthstone, Overwatch, and Quake are not yet covered.

Odds

Immersing yourself in the world of eSports betting at Stake will not only be rewarding and exciting but also a highly satisfying experience. Stake offers some of the best odds when it comes to eSports betting, all of which can be paired with the best Stake bonus code in order to increase your potential winnings.

Live Betting and Streaming

Still, think everything else isn’t enough? Stake has gone above and beyond, yet again! Stake live streaming now includes some of the most elite and prestigious sporting events. In fact, Stake offers live streaming on over 170,000 different events!

Alongside live streaming, punters are also allowed to place in-play live bets to make sure they can use the knowledge of the goings-on within a game to place a strategic bet.

Overall eSports Conclusion

All in all, we think this is one of the many Stake reviews that has concluded the sheer brilliance of Stake. The eSports coverage and betting options are sublime. With wonderful odds offered, a plethora of games to choose from, and a variety of live streaming and live betting options, we truly think you can not go wrong using this cryptocurrency sportsbook!

FAQs

✨Is there a maximum or minimum withdrawal?

Withdrawal limits depend on the cryptocurrency used for betting. There are no maximum withdrawals, but minimal withdrawals vary between currencies. Check the terms and conditions on your crypto of choice to find the best answers.

💰How can I withdraw my crypto?

As Stake is a crypto-optimized sportsbook, you can withdraw your winnings directly into a crypto wallet of your choice. Alternatively, you can convert your winnings into FIAT for withdrawal.

👌Which countries are prohibited from Stake?

The following countries restrict the use of Stake:

  • Czech Republic
  • Netherlands
  • United Kingdom
  • United States of America
  • Italy 

Overall conclusion - True player opinions and our round-up

We take care not to make our opinions of the sites we cover to be the only influence on you in our online casino reviews. As such, we have searched the internet for real player reviews, to see what they have to say about the platform. What we discovered was a mixed reaction of comments. Many of the complaints had to do with bonuses and promotional offers, or confiscated funds. These sorts of opinions are common among top sites by players who do not read through the terms and conditions page before they sign-up. It's vital to know what the bonus policy is and what regions are allowed to play on the platform. If you are ever in doubt be sure to contact customer services.

A quick survey of rating pages like Trustpilot reveals the true picture of how good a site Stake.com is. The player ratings are as follows:

  • Excellent - 79%
  • Great - 8%Average - 2%
  • Poor - 1%
  • Bad - 11%

We hope you have enjoyed this comprehensive review of Stake.com - one of the world’s first and foremost cryptocurrency betting websites that offer fantastic eSports betting. A small but easy-to-claim bonus, weekly and monthly promotions, and a fantastic casino really set the standard high for future crypto-friendly betting platforms. Don't forget the awesome STRAFECASVIP and STRAFESPOVIP promo codes on offer if you decide to take Stake.com a try!

User Reviews for Stake

5/5 – 1 User Review
  1. Perfect for BTC gambling
    arjun sharma

    It's the perfect online site for crypto and gambling enthusiasts. Moreover, with Stake's partnership with Moonpay, you can buy crypto directly on the site. There are also the exclusive Stake Originals casino games, some of which are really fun.

    Only crypto withdrawals

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For the gamers:

First and foremost we're gamers — and this spills through into everything we do in the Strafe esports betting section.  Since our reviews are tailored for those interested in punting on esports, you can expect us to look at key elements such as finding the best Dota 2 odds, or the latest League of Legends betting promo codes, and even a few helpful guides along the way.

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

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