Legal In USA
Verified on Aug. 15, 2026
Last used 27 mins ago
2 min avg claim time
All Stake.com promo code and bonus offers
At Covers, we always confirm that sportsbook promos are accurate and achievable. To claim a welcome offer, simply register a new account and enter the appropriate Stake code.
|
Platform🏆 |
Welcome bonus 💰 |
Promo code ✅ |
|---|---|---|
|
Stake.com Sportsbook |
200% match up to $3,000 |
COVERSBONUS |
|
Stake.com Casino |
200% match up to $3,000 |
COVERSBONUS |
|
Stake.com VIP |
Dependent on VIP Club tier |
COVERSBONUS |
|
Stake.us |
$55 Stake Cash, 550,000 GC + 5% Rakeback |
COVERSBONUS |
|
Stake.us VIP |
Dependent on VIP Club tier |
COVERSBONUS |
What is the Stake COVERSBONUS offer?
Only new customers are eligible for the Stake welcome bonus.
Make an initial deposit of at least $10, and you will receive a 200% deposit bonus within 24 hours of depositing and account review. The maximum deposit value is $1,500, meaning you can earn up to $3,000 in bonus funds — and carries a steep 40x playthrough requirement.
VIP Club
Level up your status on Stake based on your wager amount to receive bonus drop codes, rakeback, special offers, Stake Cash, and bonus growth. The VIP Club tiers are as follows:
Stake promo code for existing users
| Type of Stake.com promo | Description of Stake.com promo |
|---|---|
| 👊 UFC Split Decision Insurance | Place a minimum $5 pre-fight wager on any UFC winners market and earn up to a $250 refund if your fighter loses via split decision. |
| ⚾ MLB - 9th Inning Payout | Place a pre-game $5 wager on any MLB game. If your backed team is leading at the start of the 9th inning, but loses the game, you'll still receive up to $100 payout. |
| ⚽ Soccer - Score First, You Win | Place a bet on La Liga matches on the 1x2 market, and if your selection scores the first goal of the match, you’ll be paid out as a winner if your bet goes on to lose. |
| 🎟️ $75K Weekly Raffle | For every $500 you wager in the Stake sportsbook and casino, you earn one ticket in Stake's Weekly Raffle. Stake selects 30 winners to split a $75,000 prize pool, and results are announced live on stream every Saturday at 4 p.m. ET. |
| 💸 Pragmatic Drops & Wins | Play a wide range of eligible Pragmatic games and qualify for $2.5 million in random drops and ongoing promotions. The Pragmatic Play network shares the prize pool for popular slot games and exciting live casino games. |
| 🏆 Stake's Daily Races | Climb the Daily Race Leaderboard by making sportsbook and casino bets to be one of the 5,000 racers to earn prizes that are instantly paid out into your account. |
| 🛡️ Stake Shield | Stake Shield allows you to still earn a payout on your parlay, even if a selected number of legs lose. This applies to pre-game parlays only. |
Stake promo code summary
| 💰 Stake sign-up bonus |
$55 Stake Cash, 550,000 GC + 5% Rakeback |
| ⏩ Stake promo code | COVERSBONUS |
| 💵 Minimum coin purchase |
Cryptocurrency dependent |
| 🏦 Purchase methods | Bitcoin, Bitcoin Cash, Ethereum & more |
| ⛔ Restricted states | ID, KY, MI, NY, NV, VT, WA |
| 📱 Stake mobile app | N/A |
| 🕒 Offer expiry | Ongoing |
| ✅ Last verified | Aug. 15, 2026 |
How to redeem the Stake.com promo code
Wondering how to create an account at Stake? Getting started with the Stake.com welcome bonus is simple, even for beginners:
Register
First, register with Stake promo code 'COVERSBONUS,' which only takes a short time. Enter some personal information into the registration form, including your date of birth and email address, to get started. The Stake site also features functionality that allows you to sign in with Facebook, Google, LINE, or Twitch, making it easier. We recommend verifying your identity right away by providing a photograph of your driver's license or passport. This way, when it's time to claim your winnings, you have already completed this step. You may also be asked to include an accompanying selfie to prove that it's you.
Deposit funds
New Stake customers must make a first deposit of at least $10 following registration to activate the welcome bonus. You can make your deposit using one of the various banking methods available, which include cryptocurrencies. All of the top coins are available, including Bitcoin and Ethereum. We recommend depositing on the higher end to take full advantage of this offer, as it provides you with more value. Crypto payments are processed instantly.
Make a bet
Size up the market and place a wager on any sports betting market of your choice. This includes the NBA, NFL, MLB, and much more. Simply click the bet to add it to your bet slip. There is a 1% max bet applied to the qualifying deposit amount, so keep that in mind.
Withdraw winnings
You must satisfy the 40x wagering requirement before you can withdraw your winnings. For example, if you put in $10, you need to wager a combined $400. This is on the higher side compared to other sites, which is one of the drawbacks of Stake. You must also verify your identity by providing a photo of your driver's license or passport, as well as a selfie with you holding that ID. You may also be asked for proof of address, such as a utility bill.
Stake.com promo code terms and conditions
Use our exclusive Stake Sportsbook promo code 'COVERSBONUS' to claim the 200% deposit bonus new-customer welcome offer. Enjoy one of the best sportsbook promos available with this welcome bonus. Just remember, there are some pertinent terms and conditions to consider. We've broken them down for you below:
- Make a minimum deposit of $10 to access the bonus. The maximum deposit available is $1,500.
- Users receive a 200% deposit bonus — up to $3,000 in bonus bets.
- Bonus bets will be credited to your account within 24 hours of your deposit and once your account review is complete.
- The Stake bonus applies to all sportsbook and casino games.
- A 1% max bet applies to the qualifying deposit amount. Separately, a 40x wagering requirement applies. For example, a $10 deposit requires $400 in cumulative wagers before withdrawal.
Where is Stake.com legal?
Stake.com is legal and among the best sports betting sites in Canada in 2026, unless you are located in Ontario or Alberta where it is currently unavailable.
Players in Canada can enjoy mobile wagering and online gambling at Stake.com from anywhere within their province or territory. This is one of the few platforms where you can use crypto, featuring some of the top coins such as Bitcoin. What's great about using crypto as a payment is the quick transactions, which are processed almost instantly. You won't have to worry about delays with this payment method.
The Stake referral code is also among the best in the industry, providing you with a high limit to build your bankroll.
| Province/Territory | Stake sign-up bonus | Stake promo code |
|---|---|---|
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS | |
| Quebec | 200% Match up to $4,200 | COVERSBONUS |
| Québec (en français) | 200% Match up to $4,200 | COVERSBONUS |
| 200% Match up to $4,200 | COVERSBONUS | |
| 200% Match up to $4,200 | COVERSBONUS |
Outside of Canada, Stake India is also growing rapidly in popularity, and the platform claims to have the best cricket odds available. Check out our Stake Bonus Code India review page for more info.
Stake.com review
In my most recent review, Stake maintains a solid Covers BetSmart Rating of 4.7/5, thanks to a strong live betting platform, a huge variety of esports markets, and an extensive list of cryptocurrency banking options. The platform offers 24/7 live chat support, fast payout speeds, and a roster of high-profile celebrity endorsers, including global superstar Drake, Adin Ross, Israel Adesanya, Sergio Aguero, Esporte Clube Juventude, Everton Football Club, Alex Pereira, xQc, and more.
Stake mobile website
User reviews
Here's what users are saying online about Stake.com:
“Stake is really one of the best bookies — if not the best — I have ever played. Instant withdrawals, awesome bonuses, and really wide offerings for sports like the NFL and NBA is something that distinguishes Stake from others!"
- Sreeza, Trustpilot reviewer
"Lowest odds in the market. Games are suspended when there is no reason to, selections suddenly disappear."
- Trustpilot user
"If you are going to gamble, yes. Do it on Stake. Not only does it have the best reward system, they'll also never freeze your funds. Support is good. So are bonuses."
- Dinguijadouli, Reddit user
Check out our Stake Sportsbook review for a comprehensive look at the online operator.
Stake key features
The Stake sportsbook is packed with several standout features. Here are some of my favourites:
Live betting
Live betting on Stake.com offers easy access to a wide range of in-play events, with a user-friendly interface that displays current availability. Users can explore specific events in-depth, discovering additional bets, valuable information, and analysis, including insights from other bettors. Being able to read tips from other bettors is helpful as you place your wagers.
Stake.com desktop image
Same-game parlays
Are you interested in wagering on a same-game parlay? Stake offers SGPs on all major sports, adding significant multipliers to your potential winnings. You can combine spreads, moneylines, props, and totals as you build your SGP.
Massive jackpots
Both sportsbook and online casino players can take advantage of the massive jackpots on Stake.com. Millions of dollars are available, as users with the highest activity levels receive the most opportunities for glory.
Stake odds pricing and betting limits
Stake sports betting offers competitive odds pricing to its customers. You will notice the odds are quite fluid but not as responsive to market changes as some competitors. This gives you a chance to pounce on a favorable number before the line moves.
Stake's odds provider — Sportradar — determines betting limits, which can vary depending on the match or tournament you are betting on. As per the Stake customer service team, they have no insight or control over the betting limits. Most third-party casino games have a minimum wager limit of $0.10 or $0.20, with some exceptions. In terms of maximum bet amounts, you will see an extremely high limit of $500,000 or 100 Bitcoin (BTC) in Canada.
Stake customer support
Stake provides 24/7 customer service via its live chat agents.
While you won't find phone support, you can always contact Stake by email. There is also a Stake community forum where you can ask questions, discuss your recent victories, or learn more about the platform. Stake has an active X account, but social media enthusiasts cannot receive support using this contact method.
To keep abreast of the latest updates, Stake maintains a blog highlighting news and addressing FAQs.
- Live chat: Available 24/7
- Email: support@stake.com
- Phone: N/A
- Support languages: English
- X (Twitter): @Stake
Stake.com pros and cons
Stake is an extremely well-rounded sports betting site, although no platform is without its flaws. Here are the highlights and areas where Stake excels and falls short in 2026.
Pros
Abundance of betting markets Live streaming Crypto exchangeCons
No Android mobile app Not new-user friendlyStake.com + Drake Live Stream Giveaways
Drake has partnered with Stake.com to host live stream giveaways on Kick.com, featuring high-stakes casino games and sports betting, with prizes totaling $1 million to $2 million per event. In one stream last year, he gave $100,000 to a Toronto artist, $250,000 for two winners, a dream vacation, a trip to see Drake perform in Australia, a year’s rent for two people, three cars for families, and a choice between a Lamborghini or G-Wagon. Drake's live streams are often co-hosted by streamer Adin Ross, and can often exceed 125,000 concurrent viewers.
Covers Expert Analysis
Sports and events that you can bet on with Stake.com
Stake Sportsbook has an expansive range of markets available, including all major North American sports leagues, such as the following:
Stake offers NFL live streaming. This is an awesome feature that allows you to sweat your bet as you watch. Combat sports fans will love to hear that Stake.com is the official betting partner of the UFC and offers excellent betting odds on all MMA matches. You'll also find F1, college football, darts, snooker, squash, table tennis, cricket, handball, politics, and other sports betting options.
Tennis fans will be happy to hear that Stake.com is the official betting partner of both the Davis Cup and the Billie Jean King Cup. You'll also see election markets, making it a standout among the best political betting sites.
There is an especially wide variety of esports to wager on, including Call of Duty, CS:GO, FIFA 25, League of Legends, Overwatch, Rocket League, Starcraft, NBA 2K, and Valorant. Stake is the exclusive partner of the legendary esports organization Team Secret.
The convenient 'Starting Soon' tab lets you see upcoming sporting events, so there's never a shortage of options to wager on.
Stake.com bet types
You'll find all of the bet types you will need at Stake.com, including moneyline, point spreads, Over/Under, prop bets, parlays, live betting, and futures. This diverse selection of betting markets keeps Stake ahead of the competition.
Stake promo code comparison
 Stake |
 Sports Interaction |
 bet365 Sportsbook |
 TonyBet |
 BET99 |
 Betway |
|
|---|---|---|---|---|---|---|
| Compare | ||||||
| Welcome bonus | 200% Match up to $4,200 | 125% Match up to $750 | Choose: $50 or $1,000 Bonus | 100% Match Bonus up to $700 | $800 First Bet Encore | $300 Deposit Match |
| Promo code | COVERSBONUS | Code applied automatically | COVERS365 | COVERSTB | COVERS99 | Code applied automatically |
| Bonus type | Deposit match | Deposit match | Bet-and-get or First bet offer | Deposit match | First bet offer | Deposit match |
| Bonus form | Up to $4,200 in bonus bets | Up to $750 in bonus bets | $50 bonus bet or up to $1,000 in bonus bets | Up to $700 in bonus bets | Four bonus bets, each worth 25% of your qualifying wager | Up to $300 in bonus bets |
| Max value | $4,200 | $750 | $50 or $1,000 | $700 | $800 | $300 |
| Qualifying deposit | $10 | $10 | $10 | $15 | $20 | $10 |
| Qualifying odds | N/A | -200 | -500 or longer | -200 for singles or -143 for multiples | N/A | Between -135 and -333 |
| Bonus expiration | N/A | 60 days | 30 days | 14 days | 30 days | Seven days |
| Best for | High-rollers | Experienced bettors | New bettors | Experienced bettors | Knowledgeable bettors | Casual bettors |
| Additional promo code info | Continue reading | Sports Interaction bonus code | bet365 bonus code | TonyBet bonus code | BET99 promo code | Betway bonus code |
| Claim Bonus | Claim $4,200 | Claim $750 | Claim $50 | Claim $700 | Claim $800 | Claim $300 |
Expert Verdict
I think the current Stake bonus code offer is best suited for serious bettors who are willing to meet the wagering requirements to unlock the full bonus amount. If you're comfortable making the $1,500 USD initial deposit and completing the 40x wagering requirement, the Stake welcome bonus is a great way to kickstart your account.
If you're new to sports betting or a more casual bettor, I'd recommend bet365's or Betway's welcome offers instead. They're much more straightforward and require only a fraction of the investment needed to qualify for the Stake bonus.
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Stake payment methods
Stake offers several banking methods, making it a breeze to fund your account and access your sportsbook winnings. Interac and especially cryptocurrency are among the most popular deposit and withdrawal methods. What's helpful is that there are several coins available for you, including Bitcoin, Ethereum, and more. This makes it an ideal platform for crypto users, since there are some of the most popular coins available here, making it more convenient.
You can also use Moonpay, which lets you purchase crypto with MasterCard, Google Pay, Apple Pay, and Samsung Pay. We have been informed that soon, Stake.com will possibly offer credit cards, such as Visa, Mastercard, or AMEX, so keep an eye out for that in the near future. More payment methods mean more convenience for you.
To be clear: You can make deposits in your local currency and don't have to use crypto. Just make sure you enable local currency on your account by accessing your wallet, selecting 'deposits,' and flipping the toggle from crypto to fiat currency. It's nice to have other options besides crypto, making Stake more accessible to every type of user. With this assortment of options, Stake is one of the best for payment methods.
| Payment Method 💵 | Deposit 📥 | Withdrawal 📤 |
|---|---|---|
| Interac |
✅ |
✅ |
| Bitcoin |
✅ |
✅ |
| Bitcoin Cash |
✅ |
✅ |
| Dogecoin |
✅ |
✅ |
| EOS |
✅ |
✅ |
| Ethereum |
✅ |
✅ |
| Litecoin |
✅ |
✅ |
| Ripple |
✅ |
✅ |
| Tron |
✅ |
✅ |
| Moonpay |
✅ |
✅ |
🌕 If you're a crypto user thinking of getting started with prediction markets, check out Covers' Moon promo code. Moon is Stake's prediction market product, giving players the opportunity to trade event contracts tied to real-world outcomes.
Recent Stake.com updates
Follow along to hear about new betting markets and casino games on Stake.com. Here's the latest news from Stake:
July 10, 2026: Stake's “Score First, You Win” promotion automatically grades bets as wins if the user’s wagered team scores the first goal in a match, no matter the final result.
June 29, 2026: Stake names UFC’s Tracy Cortez as Global Ambassador in new partnership.
June 1, 2026: Online casino and sports betting company Stake announced on Monday its launch in Argentina, continuing the platform’s expansion in Latin America.
May 4, 2026: Online casino and sports betting platform Stake announced that it is expanding into Mexico ahead of the 2026 FIFA World Cup, which will be held across North America.
Jan. 2, 2026: A class action lawsuit was filed, with defendants claiming Drake and influencer Adin Ross encouraged users to illegally gamble on the Stake.us website.
Oct. 27, 2025: Stake, which has had a partnership with rapper Drake, known for his extravagant wagers, since 2022, gifted him $1 million for his 39th birthday.
May 9, 2025: Over 20 games were added to Stake's library, with titles from leading providers like Pragmatic Play, Hacksaw Gaming, and more.
May 5, 2025: Stake is facing an Alabama lawsuit that alleges the platform is performing "internet cafe gambling."
March 28, 2025: A California lawsuit is targeting Stake, alleging that it is operating a gambling website illegally in the state.
March 7, 2025: Concerns arise among fans of recording superstar Drake after he's seen renting out an entire nightclub to play on Stake.
Feb. 12, 2025: The Great Britain Gambling Commission revoked Stake's gaming license after an investigation found its logo displayed on a social media post featuring an adult actress near Nottingham Trent University.
Jan. 9, 2025: Stake signs a deal with Kambi Group ahead of Brazil launch, allowing the online operator to go live in Brazil's newly regulated market.
Oct. 8, 2024: Stake joins the list of firms approved to continue operations in Brazil ahead of the country's regulated market launch.
Aug. 20, 2024: Stake continues its global expansion with a new gaming license in Peru.
July 2, 2024: Stake appoints Kris Abbott as its Country Manager for Canada. Covers' own Geoff Zochodne sat down for an exclusive interview with Abbott to discuss regulated iGaming expansion and all things Stake.
June 3, 2024: Stake.com operator boosts its stake in PointsBet, as Easygo increased its minority position in the company from 4.2% to more than 5%.
Jan. 23, 2024: Stake partners with Race and Sports (RAS) on a two-year deal to launch a turnkey horse racing solution.
Jan. 2, 2024: Stake announces it will compete in Formula 1 as the 'Stake F1' team, replacing Alfa Romeo.
Dec. 8, 2023: Stake.com releases new sports promos and 16 Christmas-centric casino games.
Nov. 12, 2023: Stake.com releases October 2023 statistics, indicating over 4 million sportsbook wagers and 960 million casino wagers. Popular streamer Roshtein won over $7 million playing Zeus vs. Hades: Gods of War.
Stake responsible gambling features
Stake Smart is a responsible gambling program that prioritizes player safety through self-assessment tools, self-exclusion options, and customizable limits. Players can evaluate their gaming habits, set deposit and wager limits, or take a break with time-outs and self-exclusion. These tools help players monitor their gambling habits and set boundaries. The robust selection of responsible gambling features helps make Stake one of the most trusted operators. Rest assured, they have your best interests in mind with these tools.
The program also provides access to support resources for those struggling with problem gambling, ensuring a safer betting environment. If you ever have any questions about implementing preventive measures, don't hesitate to contact the 24/7 customer support team. In my experience, they were easily accessible. I had a question about their responsible gaming tools, and it was answered quickly. These responsible gaming features help emphasize player safety at Stake. Make sure to visit Stake.com's Responsible Gaming Resources to learn more.
More sportsbook sign-up bonuses
After you've claimed your Stake.com promo codes, check out some of our other favourite Canadian sign-up offers available in 2026:
Stake promo code FAQ
The exclusive Stake.com promo code is COVERSBONUS in 2026 to register and claim the welcome bonus.
As a new customer, you can make a minimum initial deposit of $10 and receive a 200% deposit match up to a $4,200 maximum bonus.
You can claim the Stake code everywhere Stake sportsbook operates, including India, Russia, the Netherlands, Germany, Poland, Italy, and more. Stake sports betting is becoming readily available in more and more countries.
Yes, Stake.com is licensed to operate in Canada, excluding Alberta and Ontario. The online sportsbook and casino are licensed, authorized, and regulated by the Government of Curaçao.
Sports bettors registering at Stake.com can simply follow one of the sign-up links on this page to register and claim the bonus funds. Use Stake promo code 'COVERSBONUS' when prompted.
Stake promo codes can be used by any sports bettors registering for the first time, as long as they are not physically located in Ontario or Alberta.
Yes, players in Italy can use Stake.com.
Yes, India can use Stake.com.
