Stake has built a reputation as a modern, promo-focused sportsbook with a clean interface, a comprehensive menu of markets, and a steady flow of offers aligned with current seasons. Stake ranks among the top betting sites on the market, and I appreciate that the promos usually feature a clear main attraction.
Stake’s bet insurance promotions are designed for the losses that feel the worst: the late equalizer after you were cruising, the horse that runs a monster race but just falls short, or the UFC fight that ends in a split decision (aka the judges turning your night into a coin flip).
These promos don’t eliminate risk, but they do provide a safety net when the game or sport goes sideways in the most expected ways.
Let’s take a look at Stake’s top bet insurance promos:
*Note: All dollar figures listed in USD. Only the first bet per match, per customer, per household qualifies. Minimum stake $5.
Champions League – Bad Beat Insurance
Stake’s Champions League promo is for pre-match, single bets. If your selection is leading at the 80th minute but doesn’t win, Stake refunds you up to $100.
This promo would have saved me when…
Real Madrid vs. Manchester City (May 4, 2022): City led 1-0 late in the Champions League semifinal and looked set to punch its ticket… until Rodrygo scored in the 90th and 91st minutes to force extra time (the two teams were tied on aggregate), and Madrid went on to win 3-1.
If I’d backed City, Bad Beat Insurance would’ve turned that late collapse into a refund instead of a total loss.
Horse Racing – Money Back Special
This one is simple: Stake offers a refund on selected races when your horse almost wins but comes up just short. It applies to the first pre-race, single bet in the win market, and your horse needs to finish 2nd–5th for you to get your stake back, up to $100.
You also need VIP Bronze or higher to qualify for the promotion.
This promo would have saved me when…
Kentucky Derby (May 4, 2024): Mystik Dan won a three-horse photo finish, with Sierra Leone second and Forever Young third. If I’d played Sierra Leone to win and that race fell under Stake’s selected list, Money Back Special would’ve taken the edge off a brutal near-miss and kicked back my stake.
UFC – Split Decision Insurance
Stake’s UFC Split Decision Insurance is exactly what it sounds like: protection against the most aggravating result in MMA. It’s for pre-match, single bets on winner markets only. If your fighter loses by split decision, Stake refunds you up to $250.
This promo would have saved me when…
Dricus du Plessis vs. Sean Strickland (UFC 297, Jan. 20, 2024): du Plessis won by split decision to capture the middleweight title. If I backed Strickland on the winner market to retain, Split Decision Insurance would’ve refunded my stake instead of forcing me to eat a loss that came down to the judges.
Bottom line: Bet insurance promos don’t alter the outcome, but they definitely change how the loss feels. For me, that’s the point. It means less worry and more enjoyment of the game without getting penalized for the sport’s usual chaos.
Other Stake promotions
If you’re new to Stake, make sure to use the Stake referral code ‘ODDSMAX’ for a 200% deposit match up to $4,000 USD. It’s a great way to boost your initial bankroll.
Beyond insurance promos, Stake early payout options exist across multiple sports. In the NHL, the 2 Goal Lead Payout can reward you if your team is up by 2 or more goals after the second period but still loses. In the NBA, the Half Time Payout can pay out if your team is up by 12 or more at halftime but fails to win.
The newest feature I’ve been watching is Stake Shield: it allows you to protect a multi by choosing how many losing legs you can absorb, in exchange for a smaller, fixed payout.
For existing users, Stake’s promos change with the calendar. I always check the promotions hub first because what’s live today might be replaced by something related to the next big event next week.
Sam brings years of hands-on journalism experience, as well as a passion for sports and sports betting, to his role as a Sports Betting Expert at Oddspedia. Sam began his sports and journalism career straight out of university, saying his motto in life is to do what he loves, and write home about it.
His career in the betting world is a mix of personal interest, professional curiosity, and a constant pursuit of the next adrenaline rush. As a diehard fan of the Minnesota Vikings when it comes to football, and Manchester United in soccer, Sam doesn’t just write about his teams, he backs them up with bets (mostly same-game parlays, which he says get him involved in all aspects of the game, not just one part).
Sam’s deep understanding of both the technical and strategic sides of sports betting is reflected in his writing. Whether he’s analyzing betting markets, dissecting odds, or offering his take on upcoming games, Sam combines insider knowledge with a fan’s perspective.
As an expert bettor and passionate fan of teams on both sides of the Atlantic, Sam brings his hands-on experience and knowledge to Oddspedia, playing a key role in content development, fact-checking, and ensuring that all information is clear, accurate, and useful for bettors around the world.
Learn how to watch live sports on Stake, access eligible live streams, and follow in-play odds, markets, and scores as the action unfolds. We rechecked Stake’s stream requirements, supported sports and regional limits.
When considering Betway vs. bet365, there are plenty of similarities to note. We compare these bookmakers’ odds value, betting markets, casinos, and more.
We use cookies to ensure you get the best experience on our website. You can manage your preferences and find out more by clicking the ‘Customise’ button below.
