STAKE BETTING REVIEW: TOP SPORTS BETTING ODDS AND CASINO
Stake is described as a sportsbook and casino that allows users to place their bets by using bitcoins and other major cryptocurrencies. Operated by Medium Rare N.V., Stake was founded in 2008 and launched in 2017. It received a license from the Gambling Committee of Curacao while also holding Saint Kitts and Nevis licenses.
Stake: PROS AND CONS
REPUTATION & HISTORY
Stake assures users that it is safe to use, as the company takes pride in its long track record. Conducting our Stake.com research, we noticed that the platform offers a feature where bets can be verified through third-party websites with an open-source verification procedure. A verified member of the Crypto Gambling Foundation, Stake guarantees that all games on the platform are fair. It also offers the 2FA feature to protect the bettor’s account.
Stake bookmaker operates legally in more than 100 countries, including Europe, Asia, Oceania, and Africa. However, it is prohibited in 17 countries, notably the United States, United Kingdom, Italy, Netherlands, and the Czech Republic, among others.
COVERAGE OF SPORTS
Stake offers bets for over 35 sports, led by football, baseball, basketball, and boxing. Other notable sports available in the platform include American Football, Aussie Rules, bandy, bowls, curling, cycling, floorball, Formula 1, Futsal, golf, handball ice hockey, kabaddi, MMA, motorsports, Olympics rugby, snooker, stock car racing, table tennis, tennis, volleyball and water polo.
The platform offers events that come with over 100 different betting options. The displayed odds are either fractions or decimals, and users can choose their preferences. Stake’s odds are competitive but still lower than most other sportsbooks.
Stake can only accept payments through cryptocurrencies but is not limited to Bitcoin. The platform is open for payments through Ripple XRP, Ethereum, Litecoin, Tron, EOS, and DogeCoin. Stake also supports MoonPay, a third-party service that allows users to buy cryptocurrencies via traditional banking methods directly.
BONUS & REWARDS
There are no welcome bonus or deposit bonuses at Stake as of the moment. But the platform offers at least 15 different promotions, including a chance to win a Lamborghini Huracan Evo worth no less than 212, 266 USD. There is also an NBA 16+ Payout wherein users can still payout as a winner on their NBA bets even if their team loses the game.
Bettors can only withdraw funds at Stake through a crypto wallet. But the platform’s withdrawal speed is fast and instant, with users needing to only wait after the usual confirmation times associated with the different blockchains.
SECURITY & SAFETY
Users need to visit the Stake.com website, click on “Register” and fill out the form with the necessary information, notably, username, password, email address, and date of birth. Stake assures its users’ security with its three levels of verification. The first verification level should see the user entering his basic information. The second level can be completed only if a proof ID like ID cards or a passport is uploaded, while the third level would see the user uploading proof of source of duns and proof of address.