Stake.com Review and Rating - Is Stake.com Reliable?

Stake.com Expert Review - September 2023

Stake.com’s crypto-friendly sports betting platform along with its partnership with Drake has led it to become one of the most well-known online betting sites in the world. The Curaçao-based company provides both a sportsbook and an online casino, and stands out for two reasons: Firstly, you can get an incredible $1000 with Oddspedia’s exclusive Stake.com code ‘odds200’; Secondly, it is primarily a cryptocurrency betting site and its financial processes work within the digital money frameworks.

In this Stake.com review, I will conduct a detailed analysis of what the sportsbook has to offer. I’ll be looking at how easy it is to use and whether its odds are competitive when compared to an industry leader like bet365.

Cryptocurrency enthusiasts and sports bettors alike will likely find many reasons to bet with Stake.com. However, while the popular banking methods will draw you in, it’s the experience provided by the product, the bonuses and promotions, the value on offer to sports bettors, the quality of customer service, and its reliability as a betting platform (among many other things) that will keep you interested.

Is Stake.com A Good Betting Site?

Stake.com is one of the pioneers of cryptocurrency gambling. Although bookies have started embracing this mode of currency, they either do it on a small scale or as part of the payment system. However, conversions are costly since the bettor cannot directly use the cryptocurrency as it is. You have to first convert it to the known hard currency before they can place a bet with it. This is where Stake.com stands out, offering an easier way to use cryptocurrencies and save its customers money.

In terms of the odds, the Stake Sportsbook is also up there with the best in the industry. Much like its competitors, it has invested heavily in algorithms and data feeds to provide odds across a wide variety of sports and markets. These odds are fair and offer up a lot of valuable betting opportunities to sports bettors. To be a profitable business you expect some margin to be applied to the odds, but there isn’t much difference between betting with Stake.com and other global sportsbooks like bet365 or William Hill.

The increased popularity of Stake.com as a betting site shows that it does have a lot to offer, regardless of whether you are completely new to betting or consider yourself an experienced bettor. The company is also working hard to offer its services to people around the world. Bettors can register a stake account on the platform based on their nationalities. However, bettors from France, the USA, Spain, Italy and Australia cannot register on the Stake gambling site due to restrictive policies.

We’ll get into the finer details shortly but I have found Stake.com to be a very good sportsbook. There are some great bonuses on offer, it’s easy to use, the odds are very competitive, they have some great features, and there is plenty of choice when it comes to markets to bet on. Evidently, I believe the best aspect of this sportsbook is the savings you receive when using cryptocurrencies. 

Does Stake.com Offer Competitive Odds?

You can see from Oddspedia’s Odds Fairness Rating that Stake is up with the top 10 sportsbooks in the world in terms of its odds. Stake.com is close to Pinnacle, renowned for having the lowest margins of all when it comes to the quality of its odds.

This is obviously important to make sure the bets you make offer you the best possible value. The margin, a “tax” that bookmakers apply to the odds, is low enough at Stake.com that you can rest assured you’re getting good value. The lower this margin, the more profit you’ll make when your bets win. With Stake’s close to just 5%, you’ll find it hard to get better odds elsewhere. 

Stake.com Key Features

There are several betting features on Stake.com, as you would expect from a betting site quickly becoming known as one of the best around. These features include a great Bet Builder and Cash Out tool.

Although cash out is available on Stake.com, its usage is controlled. Selected live games and pregame wagers have the cash-out option. This is perhaps one thing to consider if you find this type of feature a must-have as some other bookmakers will offer cash out on more games. 

The Stake Bet Builder allows users to personalise their bets and select multiple markets for the same match. The bet builder feature is becoming increasingly popular with bettors and is found across many sports betting sites as a result, but this is one of the best. I particularly like how easy it is to add selections to your Bet Builder and get a good view of what it means for the odds on the single bets and when they are combined into one. You can see on one bet slip the odds for your individual selections, but also the combined odds as part of your Bet Builder to help make deciding what type of bet you want to place even easier.

Live Betting and Live Streaming At Stake.com

Stake.com has an active live betting page where all live games are featured.  Each game has different markets with odds that fluctuate based on the flow of the game. It also has an infographic detailing how the game goes on. A football game has elements such as ball possession, number of corner kicks, and offside. If a bettor follows these activities, he or she can have a clear picture of what is happening on the field of play.

Live streaming is also available on Stake.com for selected games. Among the games accessible for this option are top-flight soccer leagues, FIVB Volleyball games, ATP Tennis, and German, Chinese, and Greek basketball leagues.

Stake.com Bonuses and Promotions

The obvious place to start here is Oddspedia’s exclusive ‘odds200’ Stake.com bonus code that unlocks an incredible $1000 welcome bonus. This is certainly one of the best betting offers available among all sportsbooks and one I would definitely recommend taking advantage of.

There is still even more to Stake.com’s offering in terms of bonuses across both the sportsbook and casino. Once you’ve signed up, you will find that there are some fantastic promotions for existing customers, both standard and VIP, as well as live betting offers and other event-based promotions.

Sports Betting Licences and Coverage

Stake.com holding company is registered in Curacao. It has a betting licence from Curacao e-gaming and is a verified Crypto Gambling Foundation. Owing to its unique nature in payment, regulations for crypto gaming are still under development. The Curacao Laws, however, have statutory laws to govern this form of online gambling.

The majority of countries that accept Stake.com tend to have no resistance to the type of gambling products on offer.  Stake’s licence and business operations focus on due diligence for financial management, specifically anti-money laundering.

For the United Kingdom market Stake. UK has been granted a UKGC Licence (Account Number 38898). Unfortunately, this does not allow for crypto gambling so deposits are limited to FIAT Currencies only. There is an additional UKGC licence available for crypto gambling, but as yet Stake.com has not pursued this.

Given what we have seen in recent years and how much Stake.com has developed, I would expect to see this become a regulated betting site in the United States of America in the not-too-distant future. 

Credibility - Is Stake Trustworthy and Reliable?

I can say with confidence that Stake.com is a trustworthy betting site. Not only does it hold licences and is regulated by the UKGC and Curacao Licensing body, but it is also a certified Crypto Gambling Foundation verified operator.

Stake.com also has partnership deals with major sports teams and stars. Everton Football Club, UFC fighter Israel Adesanya, and rapper Drake have all put their name to Stake.com. Of course, these organisations and celebrities would only work with top-class companies to avoid damaging their own reputation.

In terms of reliability, I have not experienced any issues or come across any negative reviews for Stake.com. The site has functioned at a high level whenever I wager with it, and it constantly performs at a high standard. 

Available Payment Methods at Stake.com

Before I dive into some detail about the Stake.com payment methods, it will probably help if I explain why the cryptocurrency option is so appealing to some sports bettors.

Cryptocurrencies have no monetary control system, making them the desire of many contemporary bettors. Deposits and withdrawals have no transaction limit, making it possible for heavy spenders to explore gaming to the fullest. For those who have e-wallets, transferring their money to crypto wallets is fast and straightforward. Therefore, an end-to-end transaction is possible. However, currencies like Bitcoin and Ethereum do not affect the markets and betting. From football to basketball, tennis, esports, baseball, and rugby, the events remain the same.
As a bookmaker and online crypto casino, you can expect an array of cryptocurrencies for use with your crypto wallet. Some of the popular ones on the site include:

• Bitcoin
• Ethereum
• Litecoin
• Ripple
• Dogecoin

In terms of non-crypto deposit methods, you can use MasterCard, G Pay, Apple Pay, and Samsung Pay.

Other Products

With the reputation it has, you expect there to be more than just a sportsbook with Stake.com, and there certainly is. You can enjoy a fantastic casino experience, as well as the fun and excitement of virtual games.

Mobile Version - How Does it Perform?

The mobile betting experience is not different from a desktop computer with Stake.com. All the features and promotions found on the main website are found on the mobile browser. It also can facilitate Bitcoin conversion and load to the player’s personal account. This is great news for those looking to bet on the go with Stake.com.

A new customer can create a Stake.com betting account on their mobile browser the same way as if using a desktop computer. Importantly, you can also use the same Oddspedia Stake bonus code to get your $1000 from your mobile device. All the same features - the website navigation and user experience, the live stream links, markets and bet slips - are also found on the mobile site.

There are some slight nuances to the design across mobile and desktop. The menu has to be a bit longer on mobile, and some of the game options fall towards the bottom of the page because of this. I don’t really find this to be an issue though.

If you want to search any market or chat with the operator, the links to these functions are found on the menu bar. Scrolling to the bottom of the page shows Stake.com ownership, various functions, and the growing online community.

The bet slip is also on the menu bar and records any bets made on the account. In essence, all betting processes and activities found on the main website are customised to fit the mobile browser, irrespective of the window size.

How to Start Betting on A Mobile Device

Stake.com expert review summary

The level of detail in this Stake.com review should give you all the information you could need when assessing it as an option to bet with. It’s got one of the best bonuses available, it’s got great odds, it’s user-friendly, and there is a wide selection of events and betting markets to choose from. The value provided by its unique payment options really makes Stake.com stand out. But, as this review shows, there is much more to it than that.