Stake doesn’t hand out cash just for signing up and walking away. All the bonuses you hear about come with conditions, such as wagering thresholds, VIP tiers, email verifications, or something else.
These perks aren’t “free” in the purest sense, but they can be highly advantageous when you’re actively playing and understand how they work.
Here are some of the bonuses you can take advantage of to grow your bankroll, starting with one of the best welcome offers in the business.
Use code ODDSMAX for 200% first deposit bonus
If you’re just getting started with Stake, the best deal available is the 200% deposit match bonus, unlocked via Stake bonus codeODDSMAX. For example, depositing $100 will give you $200 in bonus funds to use, for a total bankroll of $300 to start with.
Keep in mind, this isn’t instantly withdrawable cash. You’ll need to meet wagering requirements to unlock the bonus amount fully, so while it gives you more playing power, it’s far from “free money.” Think of it as a strategic head start, not a giveaway.
Oddspedia’s exclusive Stake welcome bonus is available in the following locations:
Stake rakeback is one of the platform’smost consistent and reliable player rewards. Once you reach Bronze status in the Stake VIP Club, you start earning back a portion of the house edge on your casino wagers, typically around 5%.
This bonus accumulates passively as you play, and while it won’t make you rich overnight, it does soften the blow of losses over time and gives something back on every roulette spin or blackjack hand. It’s important to note that rakeback only applies to casino games, not sports betting.
Rakeback is a long-term value mechanism for active players, not a free handout.
Weekly and monthly bonuses
Stake hands out rewards to regular players through two key systems: weekly bonuses and monthly bonuses.
Every Saturday, eligible VIPs get a weekly boost, usually distributed through Stake’s exclusive VIP Telegram groups. The amount you receive is based on your wagering activity over the previous week and your VIP level.
Mid-month, players may also receive a monthly bonus, typically delivered via email. This one is customized to your recent performance. The more active and engaged you’ve been, the better your reward.
These bonuses are a nice touch for consistent players, but you won’t receive them unless you’re regularly wagering and keeping your account in good standing.
Stake’s VIP program features 15 progressive tiers, beginning with Bronze and climbing all the way to the ultra-exclusive Obsidian level. Progress through the ranks is determined solely by your total wagered amount, regardless of wins or losses.
As you climb higher, you gain access to exclusive promos, private challenges, personalized gifts, and, at the top levels, invitations to real-world events. It takes a lot of betting activity just to qualify for the club, and only the true high rollers will make it to the higher levels.
VIP levels & wagering requirements:
Level
Required wager amount
Bronze
$10,000
Silver
$50,000
Gold
$100,000
Platinum I
$250,000
Platinum II
$500,000
Platinum III
$1 million
Platinum IV
$2.5 million
Platinum V
$5 million
Platinum VI
$10 million
Diamond I
$25 million
Diamond II
$50 million
Diamond III
$100 million
Diamond IV
$250 million
Diamond V
$500 million
Obsidian
$1 billion
If you have the financial means to play at the pace required, the perks at the top end can be quite luxurious. For more information, check out our guide to how the Stake VIP Club works.
Level-up bonuses
Stake’s VIP system is built around rewarding loyalty, and level-up bonuses are the clearest reflection of that.
Every time you move up a tier you’re awarded a one-time bonus. The size of the bonus scales with your level and your recent wagering activity, so higher-tier players can receive substantial amounts.
Some of these bonuses also factor in your recent wins or losses, offering you a tailored reward called a “recent play bonus.” It’s Stake’s way of recognizing your commitment and activity, but again, it’s all tied to how much you’re playing, so it’s not truly “free money.”
Stake promos for existing customers
Whether you prefer sports betting or casino gambling, Stake’s site is loaded with promotions for existing customers. It’s not uncommon for Stake to feature more than 30 promos on any given day.
Here are a few of my favourite ones, which are always available:
🎯 Stake Daily Races
Every day, Stake gives players the chance to compete for a share of $100,000 in bonus bets through its Daily Races. Simply play your favourite casino games to earn points. The more you wager, the more points you rack up.
Your position on the daily leaderboard determines your share of the prize pool, with higher ranks earning larger bonuses.
🎟️ Stake Weekly Raffle
Stake also runs a massive $150,000 Weekly Raffle, where 30 lucky winners are chosen every Saturday. For every $500 wagered on any casino or sportsbook game, you’ll automatically earn one raffle ticket. There’s no cap on how many tickets you can collect, meaning the more you play, the better your odds.
Whether you’re into slots, live table games, or betting on sports, all real-money wagers contribute. It’s a simple and exciting way to get rewarded just for playing.
🐎 Horse Racing Money Back Offer
Place a bet on any horse to win selected races, and if they finish 2nd-5th you will get your stake refunded up to $100. This promotion is a great way to give yourself some insurance on what can be a risky wager. This is just one of many Stake early payout bonuses.
Here’s a look at what else is available on the platform:
Stake won’t hand you free money, but it will reward you for loyalty, consistency, and smart gameplay. Whether it’s through rakeback, the VIP club, or one of the many ongoing sportsbook and casino promotions, the potential value is significant, especially when you start off with a strong welcome offer like the 200% first deposit bonus unlocked with code ODDSMAX.
If you’re already planning to play, these bonuses can enhance your experience and stretch your bankroll in meaningful ways. Nothing is truly free, but with the right strategy, the perks are real.
Check out our full Stake review for further details.
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.
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