An Honest Review of Stake - Is Stake Legit?

Stake is the biggest online crypto casino and sportsbook in the world, with over 50,000 players online at any given time. They've been around since 2017 and have partnered with Drake, sponsor an F1 team, and the founders also created Kick.com. If you've heard of crypto gambling, you've heard of Stake.

Is Stake Safe and Legit?

Stake has a 3.8 out of 5 from 5,000 reviews and a Good Trust Score of 70/100 based on our methodology. They hold a Curacao Gaming Authority license, which is one of the stronger licenses in crypto gambling.

The Trustpilot rating sits at 3.8/5, which is solid for a gambling platform. The negative reviews that do come up usually involve account locks after winning big, with support requiring additional verification documents. These seem to be isolated cases rather than a pattern, but it's worth knowing about if you're planning to play with large amounts.

They're run by Ed Craven and Bijan Tehrani, who are publicly known figures in the crypto space. The fact that they also built Kick.com (a major streaming platform) adds credibility - these aren't anonymous operators hiding behind a shell company.

What Games Does Stake Have?

Stake has one of the widest game selections of any crypto casino - 21+ game modes across multiple categories:

• Stake Originals: Limbo, Wheel, Crash, Coinflip, Dice, Plinko, Towers, Mines, Hi-Lo
• Table games: Roulette, Blackjack, Baccarat, Poker, Craps
• Third-party: Slots, Live Casino, Game Shows, Monopoly, Bingo
• Betting: Esports and traditional sports betting

The Stake Originals are the main draw. These are in-house games where you can verify the fairness of each round. The sportsbook covers everything from CS2 esports to mainstream football and basketball.

What Are the Rewards on Stake?

This is where Stake really stands out. The reward system is massive, but it's aimed at high-volume players:

• $100K Daily Race - the top 5,000 players each day split a $100,000 prize pool. That's the largest daily race in crypto gambling by far.
• $75K Weekly Raffle - every $1,000 you wager earns an entry. 15 winners split the pot.
• VIP Club - starts at $10,000 wagered. You get rakeback, level-up bonuses, weekly and monthly rewards, and the quality scales up with each tier.
• Rain - random crypto drops every hour for players who've wagered at least $500.

The prize pools are industry-leading ($175K+ per week), but the entry barriers are high. The VIP Club needs $10K wagered just to start, and Rain requires $500 minimum. This isn't a platform for casual $5 bettors.

How to Deposit and Withdraw on Stake

Stake is crypto-only. That's both the biggest strength and biggest limitation.

You can deposit and withdraw using 17 different cryptocurrencies: Bitcoin, Ethereum, Litecoin, Solana, Tether, Tron, XRP, Dogecoin, BNB, Bitcoin Cash, Chainlink, DAI, SHIB, Stellar, APE, EOS, and USD. The deposit and withdrawal lists are identical - what you can put in, you can take out. That symmetry is rare in crypto gambling.

If you don't already have crypto, Stake partners with Moonpay so you can buy crypto directly on the site with a card. But there's no way to deposit or withdraw fiat currency directly.

KYC is required to deposit - you'll need to verify your identity before you can start playing. This is stricter than most crypto casinos, where KYC is often only triggered at withdrawal.

What Countries Does Stake Block?

Stake has one of the longest restricted country lists in crypto gambling - 32 countries are blocked, including the US, UK, Australia, and most of Western Europe (Germany, France, Italy, Spain, Netherlands, etc.). US players have a separate platform at stake.us, but it operates independently from the main site with different features and restrictions.

Stake Bonuses and Promo Codes

Stake's reward system is massive but aimed squarely at high-volume players. The $100K Daily Race splits a prize pool among the top 5,000 wagerers each day - the largest daily competition in crypto gambling. The $75K Weekly Raffle gives one entry per $1,000 wagered, with 15 winners splitting the pot. Rain drops hourly for players who've wagered at least $500.

The VIP Club is the core long-term reward. It starts at $10,000 wagered and unlocks rakeback, level-up bonuses, and weekly and monthly rewards that scale with each tier. Top-tier VIP players get dedicated hosts and significantly larger bonuses.

Claim your Stake bonus:

1. Go to Stake and create your account
2. Enter code tested when signing up
3. Get free VIP rakeback

Should You Use Stake?

If you're a crypto holder looking for the biggest, most established crypto casino with the largest prize pools and widest game selection, Stake is the obvious choice. The $100K daily race and VIP Club are unmatched, and 50,000+ concurrent players means every game mode and sportsbook market has real liquidity.

But it's not for everyone. If you don't use crypto, there's no fiat path. If you're in one of the 32 blocked countries, you're out. And if you're a casual player, the VIP thresholds start at $10K wagered - the best rewards are reserved for high-volume players.