Stake Weekly Raffle Explained: How it Works, How to Enter, Payouts

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Stake has firmly established itself as a leading name in the online gambling industry, offering a powerful combination of casino gaming and sports betting on a single platform. With a strong focus on innovation, transparency, and player rewards, Stake continues to attract a global audience of bettors.

One of the key reasons Stake is frequently mentioned among the best betting sites is its lineup of high-value promotions, with Stake’s Weekly Raffle standing out as a top perk. This weekly giveaway rewards active players with automatic raffle entries based on wagering activity, offering a massive $75,000 prize pool.

    How does Stake Weekly Raffle work?

    Stake’s Weekly Raffle is a simple yet thrilling promotion that gives players a chance to win a share of $75,000 every week just by wagering on the platform. Whether you’re placing bets in the Sportsbook or spinning slots in the Casino, every $1,000 wagered earns you one raffle ticket without any Stake bonus codes required.

    What makes this promotion especially exciting is its live draw. Winners are announced in real time on Eddie’s Kick stream. This adds a social element that few other bookmaker reward programs offer.

    As highlighted in our Stake review, the Weekly Raffle is one of Stake’s standout promotions with the potential for significant weekly returns. For regular players, it’s a compelling reason to keep wagering throughout the week.

    How to enter the Stake Weekly Raffle

    Entering the Stake Weekly Raffle is completely automatic and requires no extra registration. Every time you wager on Stake’s Casino or Sportsbook, you start earning entries toward the raffle.

    For every $1,000 wagered, you receive one raffle ticket, with no caps on how many tickets you can earn. So, if you wagered $10,000 in a week, you’d receive 10 raffle tickets.

    Each ticket is assigned a unique entry number, which you can view under the $75K Weekly Raffle section in the Promotions tab. 

    Stake Weekly Raffle payouts

    The Stake Weekly Raffle features a $75,000 prize pool that is split evenly between 15 winners every week. That means the lucky winners receive $5,000 each.

    Once the raffle period ends, winning entry numbers are selected during a live draw held every Saturday at 2 PM (GMT). The draw takes place on Eddie’s live stream and uses Google’s official random number generator, which makes it a transparent draw process

    Winners are announced in real time, and prizes are credited directly to eligible accounts after any required verification checks. A new raffle begins an hour after the draw, allowing players to start earning tickets again for the following week.

    Stake Weekly Raffle terms and conditions

    Below are the key terms and conditions players should be aware of before taking part in the Stake Weekly Raffle:

    • You must have a Stake account in good standing
    • Your account must not violate Stake’s terms of service
    • Both Casino and Sportsbook wagers count toward raffle entries
    • You earn 1 raffle ticket for every $1,000 wagered
    • Stake partners and employees are not eligible to win
    • Entries will be voided if fraud, hacking, or exploitation is detected
    • Stake may require additional KYC/AML verification before paying out prizes
    • Wagers placed between 2 PM and 3 PM (GMT) on Saturdays do not count due to the raffle changeover
    • Crypto wagers are calculated using live exchange rates, which may affect ticket eligibility

    Additional Information:
    Raffle tickets are calculated using USD values, and if you wager using cryptocurrency while viewing your account in fiat mode, live exchange rates are applied. This means fluctuations in crypto prices can affect how much wagering counts toward promotions.

    It’s also important to remember that all promotions on Stake run on fixed schedules, with clear start and end times. For the Weekly Raffle specifically, there is a one-hour transition window each Saturday where wagering does not count toward tickets.

    Other Stake promotions

    Beyond the Weekly Raffle, Stake is packed with high-value promotions that appeal to both new and experienced players. New users can take advantage of the welcome bonus worth up to $4,000 USD, which can be unlocked by using Stake referral code ODDSMAX when signing up. This bonus is designed to boost your starting bankroll.

    Regular players also benefit from ongoing promotions such as Stake’s Daily Races, which distribute $100,000 every 24 hours, and the $500,000 All in or Fold Jackpot, adding extra excitement to poker sessions.

    Slot enthusiasts can participate in events like Conquer the Casino, Reel Bounty, and Pragmatic Drops & Wins, which features a massive $2,000,000 prize pool. With the VIP club, competitive challenges, and huge prize pools, Stake consistently offers some of the best promotions in the industry.

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