Stake Sportsbook Review: Our $500 Real-Money Test
If all sections of Stake were as strong as its marketing, this would be the ultimate gambling site. However, the essence of the sportsbook falls a bit short compared to direct competitors. The platform may not meet the needs of those seeking a wide range of event and market offerings on lower leagues or less popular sports.
Live betting could be significantly improved, as there are currently no live statistics for in-play games. Still, the high betting limits, no withdrawal limits, and transparency make the site perfect for high rollers, who will avoid non-mainstream sporting events anyway.
Stake’s Crucial Terms & Conditions
We carefully examined Stake’s T&Cs for over 2 hours and concluded they are reasonable and user-friendly, and there aren’t any fishy rules or conditions you should be worried about. There aren’t any win or withdrawal limits, so you can always count on receiving the full amount of your winnings. Stake’s excellent online image is further enhanced by the platform’s official iGaming awards:
- AffPapa iGaming Awards 2024 - Crypto Casino of the Year
- AffPapa iGaming Awards 2023 - Crypto Casino of the Year
Still, there are some notable terms in Stake you should consider:
- You must be at least 18 years old to open an account at Stake.
- You can’t create an account on Stake if you are diagnosed or classified as a compulsive or problem gambler.
- You can’t access Stake from a territory where online gambling is prohibited.
- You are solely responsible for any applicable taxes which may be payable on cryptocurrency and FIAT awarded to you through your using Stake.
- You must wager 100% of your deposit amount before you can proceed with a withdrawal.
KYC Policy (Level 4)
The standard verification at Stake is pretty simple and only takes a few minutes. The process includes submitting an identification document like a driver’s license, national ID card, or international passport. However, that’s only the first part of the verification. At any given moment, Stake can request additional verification from you, which includes two more levels - proof of address and source of funds.
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** Proof of Address Documents**: Utility Bill (electricity, water, rent, gas), Bank or Credit Card Statement, Council Tax, Tenancy Agreement, Bank Reference Letter.
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Source of Funds Documents: Salary, Investment Portfolio, Sale of Property, Inheritance, Company Sale, Winning the Lottery, Divorce Settlement, Loan, Mining.
VPN Policy
At Stake, players cannot use any service or tool to mask their actual location. Using a VPN is strictly forbidden and could easily result in blocking your account, so avoid using tools like that at all costs.
Responsible Gaming Practices and Tools available
Stake has a dedicated page for responsible gambling equips you with everything you need to proactively recognize and address potential issues. It's a resource that helps you take the necessary measures to limit your gambling activity, before it becomes a serious problem.
The best thing is that you can self-exclude or set limits entirely on your own without the need to go through the support first.
Stake’s Customer Support: Personal Assistant a Click Away
Part of the information in this Stake review has been extracted directly from customer support. Regardless of how weird or descriptive our questions were, we always received detailed responses from the support agent within a few minutes.
The messages were not just responses, but also came with a variety of resources such as pictures, explanations, and links to the site’s help center, providing us with the necessary support and guidance to resolve our issues. The FAQ section and the support center, with their extensive collection of articles, cover every issue, question, or problem you could think of. Despite being available only through live chat and email, Stake’s customer support is one of the best you can come around in the crypto space.
Stake’s Platform to the Test: Straightforward & Optimized
Stake's platform perfectly combines modern graphic elements with a basic and straightforward interface, catering to professional and rookie sports bettors. Each section of the site is a click away, and it's almost impossible to feel lost on the platform as everything is structured correctly. While lacking the multi-view option for live betting events, Stake's sportsbook is still user-friendly. The platform's optimization for mobile gaming means you can enjoy casino games and sports betting without any issues, bugs, or delays, even without a dedicated mobile app.
The casino section has an excellent filter that allows you to search titles by type and provider. This will help you find the desired titles from the 4,000+ options.