Stake Review

Launched in 2017, Stake is a fairly new operator in the sports betting market. The site offers a sportsbook, casino lobby, and live dealer rooms, so you have all major gambling products.

I found the design simple and user-friendly, with convenient navigation menus and buttons. The sports coverage is also massive, so you can explore soccer, football, hockey, tennis, baseball, and more. Stake also has competitive odds compared to other sports betting websites.

The sign-up process is simple, and crypto payments are instant. I also find the live chat support helpful for generic inquiries. In this Stake review, we unpack everything you need to know about the sportsbook, including the key features, sports coverage, markets, odds, bonuses, payments, security, support, and more. Let’s dive in!

Like all legitimate betting websites, Stake has many strengths and weaknesses. Here are three pros and cons you should know about:

Stake Strengths ✅

• Extensive Sports Coverage

Stake has comprehensive coverage of all major sports, leagues, and tournaments. You can bet on various sports, including soccer, basketball, football, baseball, tennis, hockey, and more.

• Exciting Sports Betting Features

Like most sportsbooks we review, Stake has exciting betting features, including live betting, live streaming, early cash-out, bet builder function, parlays, and more. You can also leverage odds boosts.

• Convenient Crypto Payments

Stake Canada supports cryptocurrencies like Bitcoin, Litecoin, Ethereum, Tron, Ripple, Dogecoin, and Tether. You can enjoy instant deposits, and withdrawals are processed within one hour, which is faster than most Canadian sportsbooks.

Stake Weaknesses ❌

• No Sports Betting App

I couldn’t find a sports betting app you can download for your smartphone or tablet. However, the site is fully optimized for Android and iOS devices, so you can achieve everything directly from your phone browser.

• No Loyalty Reward Program

There’s no loyalty reward program for punters on Stake. You can explore some exciting sportsbook bonuses and promotions, so regular punters can access enough deals. Just no loyalty programs.

• High Minimum Deposit for Welcome Bonus

The minimum deposit for the sign-up bonus is $100, which is higher than most sportsbooks. Many sportsbooks require a minimum deposit of $10 to $20, so $100 seems pretty steep.

Conclusion

Stake Canada is a legitimate Curacao-based sportsbook with a casino and live dealer lobby. The site has everything you need to bet real money on sports. You can explore various sports and markets and have promotions to claim every day of the week. The sportsbook is also user-friendly and fully optimized for mobile devices.

Stake is a fairly new sportsbook that has caught many fans' eyes over the last few years. I first noticed the operator from its sponsorship deals in Europe. The operator is licensed in Curacao but offers gambling products to online punters in various jurisdictions.

I found the sign-up process straightforward. You can have an account ready for real money betting in a few minutes. I found some great bonuses and promotions, and the sports coverage covers pretty much everything.
The sportsbook could use more betting lines on NFL games, but everything else seems great. Stake Canada has great odds and swift crypto payments. The support team is also readily available via 24/7 live chat.

Stake is one of my favourite offshore sports betting platforms for Canadian punters. The sportsbook is user-friendly, modern, and secure. You can bet on all kinds of sports, including major tournaments. The sportsbook also has many betting features and standard markets. You can bet effortlessly and leverage competitive odds to make more from your slips. Although I recommend the sportsbook, your experience may be different. My highlighted merits and drawbacks are based on personal preferences.

• Bonuses & Offers: ⭐⭐⭐⭐⭐

The bonus section on the Stake sportsbook easily gets a five-star rating because of all the options available. Although there’s no loyalty program, punters can claim various deals daily. New users have up to $1,000 in the welcome bonus and various reload deals. The bonuses are easy to claim and offer average playthrough requirements. Players can also exploit odds boosts and free bets.

• Betting Variety: ⭐⭐⭐⭐⭐

I've given Stake five stars for the betting variety because you'll find everything you need. The sportsbook features nearly 40 sports, including football, soccer, basketball, hockey, tennis, racing, eSports, and more. You can bet on popular leagues like the NFL, MLS, EPL, UCL, NBA, NHL, MLB, UFC, etc. There are many events from different tournaments, leagues and championships in North America, Europe, and worldwide.

• Banking Options: ⭐⭐⭐⭐

I love the banking options on Stake because all of them are cryptocurrencies. Cryptos are fast becoming a favourite in casinos and sportsbooks. They offer instant deposits and withdrawals, which is what most punters seek. Cryptos like Bitcoin, Ethereum, Litecoin, Tether, and Dogecoin are some of the best coins in the market. However, I give it four stars because there's nothing much besides cryptocurrencies. I still love to have options like eWallets and credit cards.

• Payout Speed: ⭐⭐⭐⭐⭐

There's no doubt about the payout speed rating because cryptocurrencies offer some of the fastest transactions. At Stake, you only need to worry about the pending time, which is 0-1 hour. Stake is one of the Canadian sports betting sites with the fastest payouts and features efficient cryptocurrencies. I've given the payout speed five stars because most Curacao-based gambling sites take longer to process withdrawals.

• Key Features: ⭐⭐⭐⭐⭐

Stake sports betting site has many standard betting features, including live streaming and live betting. You can leverage competitive in-play odds and markets. The sportsbook also features early cash out to help you save your bet slip from losses. Other features include the bet builder, multi-bet, and odds boost. The betting features deserve a five-star rating as it offers the usual features that make betting effortless and more convenient.  

• App & Mobile experience: ⭐⭐⭐⭐⭐

I didn’t find a dedicated app from the Android or iOS markets, but you don’t need them to explore Stake casino or sportsbook on your phone. The website is fully optimized for mobile browsers and works with smartphones, tablets, and iPads. You’ll enjoy a sleek website with a responsive design. The mobile browser version features everything you’ll find in the desktop version.

• Security and Trust: ⭐⭐⭐⭐⭐

Security is one of the first things I review about real money sportsbooks and casinos. Like most legitimate platforms, Stake comes with a legitimate license and advanced SSL Certificates. The website also runs 24/7 malware to keep viruses at bay and has a strict privacy policy. Since its launch, Stake has maintained a clean record with no breaches, so It naturally gets a five-star rating.

• Licensing: ⭐⭐⭐⭐

I give Stake a four-star rating concerning its license because Curacao trails jurisdictions like UK and Malta. I rank sites with a license from the UK Gambling Commission, Malta Gaming Authority, and Ontario iGO first, then those from Kahnawake and Curacao a level below that. The sportsbook is still legitimate and trustworthy, so you can enjoy real money betting with peace of mind.

• Software & Games: ⭐⭐⭐⭐⭐

The game lobby on Stake Canada gets a five-star rating because of the thousands of options available for punters. You can bet on slots, blackjacks, roulettes, baccarat, poker, bingo, and scratchcards. The lobby also features live dealer shows, so you can wager against other punters in real-time. Stake is also powered by leading software developers, including NetEnt, Playtech, Play’n GO, Pragmatic Play, Evolution Gaming, etc.

• User Betting Experience: ⭐⭐⭐⭐⭐

The user betting experience on Stake sportsbook is like other leading platforms. You can explore various sports and standard markets, including money lines, point spreads, totals, props, futures, and multi-bets. The odds are great, and you have access to various features. You'll also enjoy a smooth transition from page to page, and the features load smoothly without glitches. The mobile interface is also responsive.

• Sign-up Process: ⭐⭐⭐⭐⭐

The sign-up process is simple and takes a few steps to complete. You can click the blue Register button to launch the sign-up page and enter your information. Getting set up only takes a few minutes, and you can link your payment account immediately. I give the sign-up process a solid five-star as it doesn't involve lengthy KYC verification requirements.

• Customer Support: ⭐⭐⭐⭐⭐

The customer support services on Stake include live chat and email. Live chat is available 24/7 and answers general questions about the sportsbook and casino. Email responses are also quick, and there’s a robust help center. The customer service team is friendly and easily accessible. You can explore footer links to learn about the site’s features, bonuses, licenses, privacy, AML, and more. I rate the support services anything between 4 and 5.

Stake sportsbook is legal in Canada, meaning punters from Canada are free to join the platform, claim its bonuses, and place real money bets. Canadian punters can join any sportsbook, including offshore sites licensed in Curacao. Stake is owned by Medium Rare N.V., which has a legitimate license from the Curacao Gaming Commission. The operator is currently working on obtaining a license from Ontario iGO, so it will soon be able to advertise to local punters in Ontario, Canada. Currently, punters can join it as an offshore betting site.

Is Stake Legal in Ontario?

The legality of Stake in Ontario is similar to its legality in Canada. However, Stake is in the process of getting a license from Ontario iGO. Punters in Ontario will be able to join the sportsbook and explore real money bets. The operator may soon have a valid license from Ontario.

🚨 Ontario Changes in 24 hours🚨

Please read ⬇️

On Sunday at midnight Toronto (EST) time, https://t.co/XEgJ9Bq54Z will become unavailable to customers who are currently located from an IP address in Ontario.

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— Stake.com (@Stake) October 30, 2022

Like most sportsbooks, Stake has a welcome bonus for new players on the platform. The welcome bonus is based on your first deposit on the platform and is only available for new players who’ve never signed up with Stake. Here’s what you should know about the Stake welcome bonus and its terms:

Stake Sign-Up Bonus

200% up to $1,000 in Bet Credits

You’ll get a 200% match of your first deposit of at least $100. The maximum bet you can get is $1,000.

How to Claim Stake Welcome Bonus?

• Click on our claim bonus button above to launch the bonus page.
• If you don’t have a betting account, sign up for your free betting account.
• Deposit a minimum of $100 to claim the 200% match bonus up to $1,000.
• Wager the bonus on qualifying odds and games, and complete the playthrough requirements.
• After qualifying bets are settled, you can withdraw or reinvest your winnings to continue betting.

Stake Welcome Bonus Terms and Conditions 📝

Stake sign-up bonus comes with unique terms and conditions, just like nearly all gambling promotions. The welcome bonus is for new players and is restricted to those who make a minimum bet of $100. You should read all the terms and conditions before claiming any bonus. The Stake welcome bonus has a 4x rollover you must meet before claiming a withdrawal.

Any Other Bonuses for New Users

New players on Stake can claim the sportsbook or casino bonuses. The casino bonus is for classic casino games like slots, blackjacks, and roulettes. Here’s the casino bonus for new players:

• Stake Casino Welcome Bonus: Deposit $50 To Claim 200% Up To $1,000 In Your First Deposit Bonus.

Several other bonuses and promotions are available once you exhaust the sign-up bonus. You can claim reload deals, free bets, giveaways, odds boosts, player props, and more. Here are some of the sports betting bonuses and promotions you can claim at Stake:

• Stake’s $100,000 Daily Race
• Stake’s $75,000 Giveaway Every Week
• Stake’s Everton Clean Sheet Bonus Up To $100
• Stake’s NHL 2+ Lead Payout Up To $100
• Stake’s NBA 9+ Lead Payout Up To $100

Casino Bonuses 🎰

You can claim various Stake Casino bonuses, including free spins, drops and wins, tournament giveaways, and more. Simply click on Promotions, then select Casino. Here are some of the long-running casino bonuses and promotions:

• Stake’s Pragmatic Drops & Wins Over $1,000,000 per month.
• Stake’s $25,000 Stake vs Eddie Prize Pool
• Stake’s The Level Up Weekly Prizes Up To $15,000
• Stake’s $10,000 Multiplier Race
• Stake’s $75,000 Giveaway Every Week

Like most real money sportsbooks we review, Stake has various betting features, including live betting and streaming, bet building, odds boosts, and more. Here are the best features of Stake Canada:

Stake Live Betting

You can bet on live (ongoing) games to leverage higher odds. Live betting lets you explore fluid in-play odds, player props and markets.

Stake Live Streaming

The live streaming feature is perfect when betting on live games. You can get real-time updates to inform your next betting decision or learn more about the game.

Stake Cash Out

The cash-out feature prevents you from losing your entire slip over last-minute outcomes. You can create a multi-bet and use the cash-out feature to cash out part of your winnings before the last games are played out.

Stake Bet Builder

I love the bet builder because it makes creating combo bets effortless. You can create bets from different markets to multiply your odds and leverage boosts from the sportsbook.

Stake online sportsbook offers a wide range of sports, including football, soccer, baseball, hockey, basketball, tennis, volleyball, golf, and more. You can find major tournaments like the NBA, MLS, NHL, MLB, UFC, Champions League, and more. Here’s an overview of Stake’s sports coverage:

Stake Soccer ⚽

Stake is big on soccer and features events and markets from popular leagues like the MLS, EPL, UEFA Champions League, Euros, World Cup, and Olympics. You’ll encounter traditional markets like the moneyline, spread, over/under, player props, multi-bets, and futures.

Stake Basketball 🏀

Basketball is a popular sport in North America and the world. Stake offers bets on leading basketball events, including the NBA conference, super bowl, and championships. You’ll also encounter standard bet types, including outright winners, point spreads, totals, and props.

Stake Football 🏈

Stake is a decent choice if you fancy football betting sites from Curacao. You can bet on the NFL and CFL and have access to thousands of markets every week. The bet types are also standard, and Stake has some of the most competitive NFL odds.

Stake Hockey 🏒

Hockey is another sport loved by millions of fans, especially in Canada. Stake offers a decent choice for punters seeking hockey betting sites and features major leagues like the NHL. You can also find puck line odds, money lines, props, totals, futures, parlays, and more.

Stake Sponsorship Deals

Our Stake review identified many sponsorship deals, especially in Europe, where the brand sponsors jerseys for soccer teams Everton and Watford. Stake is also the official betting partner of UFC.

If you’ve been betting for a minute, you probably know the standard markets and bet types. Moneyline, spread and totals are the three most popular markets, but you can find player props, futures, parlays, in-play odds, and more. Here’s what you should know about Stake’s betting markets:

Betting Markets

• Moneyline: This is the most popular betting market and involves wagering on the match's outright winner (favourite or underdog).
• Spread: The point spread bet involves betting on point/goal variation between the teams, like Team A scoring X number of goals more than Team B.
• Totals: The totals (over/under) betting market involves wagering on the total number of points/goals/outcomes. You can bet on a soccer match between Team A and Team B to end in over or under 5.5 goals.

Types of Bets Available

• Parlays: A parlay is a multi-bet that involves wagering on two or more outcomes within the same bet slip. You can combine a moneyline and a total bet to form a parlay.
• Single Bet: A single bet is when you only place a wager on one event, like who wins the moneyline or whether a team will cover the spread.
• Props & Futures: A prop involves betting on micro events within a game, like how many goals a soccer player will score in the match. Futures involve betting on future outcomes, like who wins the 2023 NBA Championship.

How to Place a Bet at Stake?

Placing a bet at Stake sportsbook is effortless and no different from other legal betting sites in Canada. Here are the steps involved:

• Sign up for a free betting account at Stake
• Deposit a minimum of $100 to claim your welcome bonu You can cancel the bonus if you don’t want it.
• Navigate to the sportsbook by clicking Sports from the main navigation.
• Select a sport like soccer or basketball and pick a tournament.
• Find the event you want, launch it and check the betting markets.
• Place your bet and verify it on the betting slip.

One thing I love about Stake is the design is sleek and user-friendly. You can quickly find matches using the search tab. The site also prompts you to double-check the bet slip before betting, so you can remove accidental selections. I’m also impressed by the bet builder function.

Stake is a mobile-friendly betting site you can access on your Android and iOS smartphone, tablet, or iPad. I couldn’t find a downloadable Stake app, but the web version is more than adequate.

The site adapts to your screen’s configuration and features premium graphics with seamless navigation. You’ll find the same betting features, markets, and promos available for desktop punters.

Stake Casino offers a fully-fledged gambling platform with thousands of games from leading software providers. You can play games from Play’n GO, Pragmatic Play, NetEnt, Evolution Gaming, Quickspin, Blueprint, and more. With over 30 software providers, you can expect enough real money games, including slots, roulettes, blackjacks, poker, bingo, baccarat, jackpots, live games, and more. Stake Casino games are also audited for fair results, so you have a good chance of winning real money.

Opening an account at Stake is effortless and takes a few minutes to complete. All you need is to enter your details and verify account ownership. Make sure you use accurate details you can verify.

Steps to open an account on Stake:

• Launch Registration Page – Click the Sign In button to launch the registration page.
• Enter Account Details – Enter your username, password, email, and other personal information.
• Verify Information – Stake will send a verification link to your email. Click on the link to verify the account.

Before you claim a Stake bonus and bet on real money games, you need to set up a payment account. Stake only accepts cryptocurrencies (except Interac), so you must set up your crypto wallet and use an exchange to buy supported cryptocurrencies.

You can use Bitcoin, Litecoin, Ethereum, Tether, Dogecoin, Ripple, Tron, Bitcoin Cash, and more. Deposits are instant, and withdrawals are processed within an hour. No transaction limits are imposed, except for bonuses that can require up to $100. Here are the top deposit and withdrawal methods:

Deposits & Withdrawal Options: Litecoin, Bitcoin, Ethereum, Tron, Ripple, Dogecoin and Interac.

Stake casino and sportsbook users can access multiple support channels, including 24/7 live chat and email. You’ll also find a robust help center with many articles and resourceful links. The FAQ section features answers to popular questions, and a friendly support team is always ready to help you resolve issues.

We end our Stake review positively by recommending the sportsbook to Canadian punters seeking real money betting opportunities. Stake is a secure, legitimate, mobile-friendly website with sports betting, casino betting, and live dealer shows.

The site also offers generous bonuses, modern betting features, exceptional support, and instant payouts. Everything from sports coverage to casino games and banking is optimized for a superior betting experience, making Stake an exciting choice for Canadian betters.