Terms and conditions apply
- Crypto banking options accepted.
- Competitive odds.
- Simple platform.
Your Region united states
Speedy payout within 24 hours
Not applicable for mobile app
Stake Review
Affiliate Disclosure: Underscoreg Review may earn advertising commissions for referrals to sportsbook or casino betting sites.
Must be 21 or older. Remember, gambling can lead to addiction so please gamble responsibly.
Stake Underscoreg Summary
It’s understandable if you only recognize Stake as “the betting app Drake uses.” However, this Cyprus-based, Curacao-licensed casino and sportsbook offers much more than celebrity endorsements. In particular, it stands out for players seeking a sports betting platform that welcomes cryptocurrency transactions.
Even if you’re not into cryptocurrency, Stake remains one of the leading online sportsbooks in Canada for various reasons. With its user-friendly interface and highly competitive odds, it’s a top choice for many bettors. Don’t forget to take advantage of the Stake promo code ‘SBR3000’.
Stake Quick Facts
| Rating | B- |
| Founded | 2017 |
| Casino | ✅ Yes |
| ₿ Cryptocurrency | ✅ Yes |
| Mobile Apps | ❌ No |
| ✅ Promo Code | SBR3000 |
Stake Locations
Stake can be used by all Canadian residents, but it is not licensed in the country, making it a “grey market” option. This means that if anything were to happen to your account, you would not have legal protection in Canada.
Sports Leagues to Bet On
There are not many Canadian sportsbooks that can compete with Stake in terms of the variety and range of sports offered.
Take a look at the top betting markets available for Canadian customers at Stake.
NFL Betting
Stake offers NFL bettors numerous chances to make money on their preferred teams. Options include pre-game markets like moneylines, spreads, totals, and quarter- or half-specific markets, as well as in-game betting opportunities.
NBA Betting
Stake is catering to the growing popularity of basketball betting by offering a variety of markets including moneyline, spread, and total bets for the hoops enthusiasts. While player and team props are also available, larger sportsbook operators have a wider range of offerings in this area.
College Football
Stake is prepared to cater to the growing interest in college football betting in Canada by offering moneylines, spreads, and totals for the majority of Division I NCAA football games throughout the season. Stay tuned for additional markets during bowl season to further serve the enthusiastic True North audience.
College Basketball
Stake is a sure bet for NCAA basketball betting, providing a wide range of traditional markets during the regular season and conference tournaments. Like many other platforms, Stake ramps up its offerings just in time for March Madness.
NHL Betting
Those betting on hockey will appreciate that Stake offers a variety of daily betting options that cater to their preferences. Players can place bets on moneylines, pucklines, or totals, with a decent selection of in-game bets available. Team and player props are particularly popular choices for live betting.
MLB Betting
During the summer, baseball fans can enjoy MLB betting with Stake, which offers a variety of baseball odds. From moneyline and runline bets to player props and inning-specific markets, there are plenty of options to choose from.
Other Sports Leagues
Stake is a reliable platform for soccer enthusiasts, providing a diverse range of betting options in top European leagues and tournaments. Additionally, the operator excels in tennis betting, with a focus on live betting opportunities.
Stake offers a wide range of secondary competitions such as cricket, cycling, darts, futsal, Gaelic sports, handball, snooker, and squash, as well as Alpine sports like ski jumping and biathlon, in addition to its main leagues. This extensive selection competes well not only with the top Canadian sportsbooks but also with prominent Ontario and U.S. sites like FanDuel and BetMGM.
Fans of esports will be happy to find that Stake provides a diverse range of betting options for popular games like Dota 2, Rainbow Six, and League of Legends. However, these options are integrated within the main sports section rather than having their own separate menu. In addition, there are also betting options for politics and entertainment, but these are limited to British personalities.
Online Betting Experience
At this time, Stake does not have a mobile app available, so users can only access the platform through either the desktop or mobile web interface.
Website Experience
Creating a multi-bet card is easy: just choose the games you want to bet on, select your bet type, and click “Place Bet.” The sleek white and blue interface is clean and user-friendly.
Stake offers a unique feature: a real-time list of all bets currently being placed on the site, including details such as the event, user (unless their names are hidden), time, odds, and bet amount. While the constant scrolling of bets during popular events may become overwhelming, users can opt for the “high rollers” scroll menu to easily identify the major bettors on the platform.
One major drawback of Stake is its occasional mind-numbingly slow load times. I encountered frequent issues where some pages would take up to 30 seconds to load, only to display a blank screen or an error message. Improving the speed of these load times should be a top priority for this book.
Mobile Betting and Betting App
The mobile web version of the sportsbook closely resembles the desktop version in both function and user experience. However, I experienced fewer page load errors on my mobile device. One thing to note is that the live bet tracker display on mobile occupies a significant portion of the bottom half of the screen. It might be beneficial to have the option to display fewer entries for a more streamlined experience.
Live Betting
Stake excels in offering sports bettors a wide range of live betting options. By clicking on the “Live Events” tab in the sports menu on the left-hand side of the screen, users can easily access all the current live events covered by Stake, sorted by sport, with soccer being the first listed.
Stake provides rapid live odds updates, comparable to any sportsbook in Canada. Users can easily track the movement of odds with quick-flash green and red arrows. There is a standard countdown period between placing a bet and its confirmation, varying by the sports being bet on. While not the quickest, it is still efficient.
While Stake may not completely transform the live betting experience, it does offer a solid platform for sports bettors to place live wagers on a wide range of sports. Additionally, Stake provides live streaming for certain sports, displayed in a small box in the bottom left corner of the site when activated.
Casino, Poker, & Other Gaming Options
Stake provides a wide selection of over 2,400 slot machines, including popular jackpot machines found elsewhere. You can easily navigate through the left-side menu to filter the machines into categories such as New Releases, Stake Exclusives, and Feature Buy-In.
This surpasses the number of slots available at other Canadian sportsbooks such as bet365 or Sports Interaction by a significant margin.
If that wasn’t appealing already, Stake also offers an impressive selection of 16 exclusive games that are not available elsewhere. Alongside partnerships with over 30 gaming providers, Stake lets players enjoy unique games such as Dice, Plinko, Blue Samurai, and Limbo.
Stake caters to high-stakes casino players with some of the highest limits on slots and table games in North America. This may not interest casual gamers, but it is worth considering for those seeking a big win.
Finally, although Stake offers a variety of table games like blackjack, Baccarat, and roulette, there is no poker room available. If you are looking to play No-Limit Hold ‘Em, you will need to find another platform to satisfy your poker needs.
Stake History
Stake quickly established itself in the worldwide casino industry after being founded by Easygo’s Ed Craven and Bijan Tehrani in 2017. The online platform, based in Australia, gained immediate popularity, causing concern among traditional casino operators in the region who feared potential profit losses.
Luckily for them, online casinos are still prohibited in Australia; Craven and Tehrani were running their business from there, which is legal as long as Australians cannot access it. Obtaining a Curacao license was another strategy for Craven and Tehrani to separate themselves from the Australian gaming industry.
After quickly establishing itself, Stake focused on securing sponsorships and has built an impressive roster in just five years. Some of the site’s partners include Watford FC, the Fittipaldi brothers in auto racing, MMA fighters Israel Adesanya and Jose Aldo, and, naturally, His Drakeness.
The recent significant development, especially for Canadian bettors, is the introduction of the option to use regular currency for deposits and withdrawals instead of just cryptocurrency. Stake initially started as a crypto-only platform but has now expanded to include more traditional payment methods.
Customer Ratings & Reputation
The range of customer opinions on Stake varies greatly, so it may be beneficial to conduct some extra research before deciding to try out this site.
To begin with, players have praised the high quality of odds offered by Stake, and for good reason. Unlike many operators with a smaller market share in Canada, Stake does not inflate both pre-game and live odds. In fact, Stake’s odds are among the best in the industry, even when compared to the biggest players in the business.
However, there are certain warning signs to take into account. Let’s begin with the two primary promotions featured in the left navigation menu: a $50,000 weekly giveaway draw that requires players to wager at least $1,000 to receive a single ticket, and a $100,000 daily race where bettors are ranked based on their daily betting amounts. If you only wager $5 at a time, then these promotions may not be suitable for you.
Stake has an impressive Trustpilot rating of 4.4 with over 1,200 reviews, but upon further inspection, it appears that the site has had some fake reviews removed recently. This raises a red flag for me.
Customer Service
Stake values exceptional customer service, as shown by the quick response times in their live chat feature. Their response time is one of the best in the Canadian gaming industry, and their knowledgeable representatives can easily address any site-related inquiries.
Unfortunately, if you prefer alternative methods of communicating with customer service representatives, you may be out of luck. Contacting Stake through their general support email requires a minimum wait time of 24-48 hours for a response, and there is no listed phone number for Canadians seeking to speak directly with a representative.
Stake Contact
- 24/7 Live Chat
- Email: [email protected]
Stake Legal Betting
Medium Rare N.V., based in Cyprus, owns Stake and is permitted to operate in Canada because it is licensed, authorized, and regulated by the government of Curacao (License No. 8048/JAZ).
Responsible Gambling
Stake provides players with a variety of resources to assist with problem gambling, starting with the ability to self-exclude, which can be easily accessed through their account settings.
Stake ensures its customer service representatives receive ongoing training to assist players with problem gambling and responsible gambling. Representatives are trained to direct players to support services for gambling-related issues in their countries.
Below are some additional recommended resources.
- BeGambleAware.org: offers free, confidential help and support to anyone worried about gambling for themselves or others.
- Gambling Therapy: a global service provided by Gordon Moody offering free emotional support and advice to anyone affected by gambling.
- ResponsibleGambling.org: The Responsible Gambling Council (RGC) is a respected, independent non-profit organization. They have been a leader in preventing problem gambling in Canada and globally for over 35 years.
Why Choose Stake?
Although Stake is not without flaws, it offers numerous significant redeeming qualities. New users will be drawn to its simple interface and high-quality odds, and those interested in casino games will find Stake to be a pleasant surprise.
However, there are numerous issues that require attention. The slow loading pages may deter users, while the lack of accessible promotions for low-limit players makes this app unattractive to casual bettors. Paired with the Trustpilot review scandal, new Stake users may understandably feel hesitant to continue using the app.
I suggest trying out Stake, but it’s important to keep your expectations in check.
Play NowBonuses
200% Deposit Match up to $3,000
Terms and conditions apply
New users at Stake.com can receive a generous sign-up bonus by depositing at least $50 with the bonus code SBR3000. This offer includes a 200% deposit match up to $3,000 at the sportsbook.
Banking
Accepted Currencies
- CAD
Methods of Deposit
Until recently, the only way to fund your Stake account was through various cryptocurrency options. Stake offers a wide range of choices for players after their initial crypto deposit.
Stake allows players to transfer funds between their available balance and a feature called the Vault, which acts as a secure storage option. There are no minimum or maximum deposit limits set by Stake. Players can choose to keep some of their funds in the Vault for later use, and prize winnings are paid to the Vault instead of directly into the player’s balance.
Stake accepts a variety of cryptocurrencies, including Bitcoin, LiteCoin, Dogecoin, Ethereum, Bitcoin Cash, Ripple, Tron, and EOS. Players can also deposit using Interac, with a minimum deposit of five dollars and no current upper limit.
Methods of Withdrawal
Withdrawals are completed using the same method that players used to make a deposit. Cryptocurrency transactions are typically processed within 30 minutes, while Interac clients may experience a wait time of up to 24 hours.
Minimum withdrawals vary based on your crypto of choice, while the low-end Interac withdrawal is 50 dollars. There is no withdrawal maximum for either cryptocurrency or Interac.