Legal In USA
Verified on Oct. 25, 2026
Last used 59 mins ago
2 min avg claim time
Signing up with the Stake promo code COVERSBONUS in Canada gives bettors an exclusive 200% bonus, yielding up to $5,600 in bonus bets. That's $1,400 more than you can get with any other code thanks to Covers' official partnership with Stake.
Learn how to access the top Stake bonuses in October 2026.
Located outside of Canada? Check out our Stake.us bonus code guide.
Why COVERSBONUS is the best Stake promo code available
The Stake promo code COVERSBONUS gives you up to $1,400 more in bonus bets than the standard Stake offer available elsewhere online.
Most Stake codes unlock a 200% deposit match, but cap the bonus at $4,200 on a maximum qualifying deposit of $2,100. COVERSBONUS raises those limits to a $5,600 maximum bonus on a deposit of up to $2,800.
That's a 33% higher maximum bonus without taking on tougher wagering requirements or different terms and conditions.
| COVERSBONUS | Other Stake promo codes | |
|---|---|---|
|
Deposit match |
200% |
200% |
|
Maximum bonus |
$5,600 |
$4,200 |
|
Maximum qualifying deposit |
$2,800 |
$2,100 |
|
Extra value |
+$1,400 |
Expert Verdict
I think the Stake bonus code is best suited for serious bettors who are willing to meet the wagering requirements to unlock the full bonus amount. With COVERSBONUS, you get the highest Stake welcome offer available: a 200% match up to $5,600, well above what Stake offers with other codes. If you're comfortable making the $2,800 initial deposit and completing the 40x wagering requirement, it is the strongest way to start an account with Stake.
If you're new to sports betting or prefer a lower-commitment offer, a straightforward bet-and-get promo with a smaller deposit may suit you better. For maximum bonus value, though, COVERSBONUS is the one to use.
.jpg?w=64&auto=compress&auto=format)
.jpg?w=48&auto=compress&auto=format){kind=small}
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 codes, which unlock 33% more than what you'll find anywhere else online.
|
Platform🏆 |
Welcome bonus 💰 |
Promo code ✅ |
|---|---|---|
|
Stake.com Sportsbook |
200% deposit match up to $5,600 |
COVERSBONUS |
|
Stake.com Casino |
200% deposit match up to $5,600 |
COVERSBONUS |
|
Stake.com VIP |
Dependent on VIP Club tier |
COVERSBONUS |
Does Stake have a promo code?
Yes. You must use the Stake promo code COVERSBONUS during registration to qualify for the following sportsbook promos.
What is the Stake bonus code COVERSBONUS offer?
Only new customers are eligible for the exclusive COVERSBONUS Stake bonus code offer, which gives players 33% more value than they get with other codes.
Make an initial deposit of at least $15, and you will receive a 200% deposit bonus within 24 hours of your deposit and account review. The maximum qualifying deposit is $2,800, and the bonus carries a steep 40x playthrough requirement.
I've provided an example of how the bonus works below:
- You deposit the maximum $2,800 ($2,000 USD).
- The total value of the bonus is now $5,600 ($4,000 USD).
- The bonus carries a 40x playthrough requirement. For this example, you'd need to wager $224,000 to satisfy the attached stipulations.
My experience with the Stake welcome bonus code
| 💵 My deposit amount | $50 |
| 💰 My bonus amount | $100 |
| 🎁 My starting balance | $150 |
| 🎯 Wagering requirement | $2,000 ($50 x 40) |
| 🫰 My first bet | $5 MLB moneyline bet at +100 odds |
| 📊 Progress after 7 days | $161 balance with 20% of wagering requirement complete |
I'm not a crypto user, so I deposited $50 using Interac, which qualified me for a $100 Stake sign-up bonus. That gave me a starting balance of $150, although the important number for this test was the $2,000 wagering requirement I needed to work through before withdrawing.
I started with a $5 MLB moneyline bet at +100 odds, which settled as a win. Stake limits individual wagers to 10% of the qualifying deposit amount while the bonus is being worked on, so my $50 deposit meant keeping each qualifying wager at $5 or less. Over the next seven days, I spread my action across MLB, NFL, and soccer markets, betting the full $5 each time.
After a week, my account balance was $161, and I had completed just 20% ($400) of the wagering requirement. I had to place 80 bets at $5 each just to reach that number. If I continued at that pace, it would be difficult to complete the playthrough requirement in the allotted 30 days.
That made the biggest drawback of the Stake welcome bonus code pretty obvious: the headline 200% match gives you a large bonus relative to your deposit, but the 40x rollover means this isn't a promotion you can expect to clear after a handful of bets.
My takeaway from the play test was that the Stake bonus code works better for patient, high-volume bettors than gamblers looking for a quick bonus conversion. The extra funds gave me much more room to bet, but the combination of the wagering requirement and max-bet restriction meant I had to treat it as a longer-term endeavour.
Stake promo code for existing users
| Type of Stake.com promo | Description of Stake.com promo |
|---|---|
| 🏀 NBA Halftime Refund | If the team you backed on the moneyline leads by 16+ at halftime but goes on to lose the game, your bet will be refunded in full. |
| 📈 Boosted Odds | Enjoy daily enhanced odds on various markets across NFL, MLB, NBA NHL, soccer, and UFC. Check out today's selection. |
| ⚽ Soccer - 90th Minute Payout | Place a bet on select matches in the 1x2 market and if your team is leading at the 90th minute but doesn’t win, you’ll be paid out up to $100. |
| 👊 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 Refund | 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 have your bet refunded. |
| 🎟️ $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. |
Once you're signed up, the Stake referral code is also among the best in the industry, providing you with a high limit to build your bankroll with each friend who signs up using your unique link.
Stake 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:
Check out the Only on Stake VIP Boost that offers 2x VIP Progression.
Covers Expert Analysis
Stake bonus drop codes
Stake bonus drop codes give active casino players another way to earn extra rewards beyond the standard Stake bonus codes available at sign-up. Each drop uses a unique, case-sensitive code and is available on a first-come, first-served basis, with eligibility generally depending on how much you've wagered over the previous seven days. Codes may be shared through Stake's Telegram channels, X account, or livestreams.
Stake promo code: Key details at a glance
| 💰 Stake.com sign-up bonus |
Exclusive 200% Bonus up to $5,600 |
| ⏩ Stake.com promo code | COVERSBONUS |
| 💵 Minimum deposit |
$15 |
| 💲 Eligible bet types | All bet types |
| 🌎 Eligible provinces | BC, MB, NB, NL, NS, PE, QC, SK, NT, NU, YT |
| 📱 Stake.com mobile app | iOS |
| 🕒 Offer expiry | Ongoing |
| ✅ Last verified | Oct. 25, 2026 |
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 worth up to $5,600 in bonus bets. Our offer unlocks $1,400 more in bonus bets than you get with other Stake new-user codes.
Just remember, there are some pertinent terms and conditions to consider. We've broken them down for you below:
- Make a minimum deposit of $15 to access the bonus. The maximum deposit available is $2,800.
- Users receive a 200% deposit bonus — up to $5,600 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 10% 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.
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 licence 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 $15 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 10% 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 from the bonus code for Stake. For example, if you put in $15, you need to wager a combined $600. 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 licence 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.
What I like about the Stake promo code
The highest match and bonus cap of any Stake promo code
Using the exclusive Stake promo code COVERSBONUS ensures you receive the best possible promotion during registration. The $5,600 reward is 33% more than you get with any other Stake bonus code.
Unlocks 20+ existing-user promos
You won’t find many sportsbooks offering upwards of 20 daily promos for existing users. These bonuses cover the biggest sports, plus casino gaming, eSports and more.
Flexible wagering
Stake generally lets you wager the bonus across a wide selection of sports, markets, and odds ranges, giving you room to strategize.
Crypto-friendly deposits
Because Stake is crypto-based, deposits are instant and fee-light, making it easy to scale up the bonus quickly if you’re chasing the maximum reward.
What I don't like about the Stake promo code
The Stake promo code does have drawbacks that need to be considered:
Massive Stake playthrough requirement
You must wager the combined deposit and bonus 40 times over, making the true cost of clearing the offer much higher than the headline number.
Limited real withdrawal value
Only a fraction of the bonus turns into withdrawable cash after wagering. Many Stake bettors won’t come close to the full $5,600 benefit.
Tight contribution rules
Certain markets, odds levels, or bet types may contribute less (or not at all) toward the rollover, forcing you into a narrower betting strategy.
High risk if chasing the maximum
Clearing the bonus requires substantial volume; thus, variance becomes a real factor. One cold streak can wipe out the bankroll necessary to complete the rollover.
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, where it is currently unavailable.
Stake is set to enter Alberta’s regulated online gambling market soon after receiving operator registration from Alberta Gaming, Liquor and Cannabis (AGLC) on Sept. 24. Stake plans to launch both a sportsbook and online casino in the province. Poker and daily fantasy sports are not expected to be part of its Alberta offering.
Once live, Stake will likely become one of the best Alberta sportsbooks.
Players in the rest of 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 active bonus code is the same across Canada.
| Province/Territory | Stake sign-up bonus | Stake promo code |
|---|---|---|
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Quebec | Exclusive 200% Bonus up to $5,600 | COVERSBONUS |
| Québec (en français) | Exclusive 200% Bonus up to $5,600 | COVERSBONUS |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS | |
| Exclusive 200% Bonus up to $5,600 | COVERSBONUS |
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 favourable 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 totalling $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 exceed 125,000 concurrent viewers.
Stake app review
The Stake.com sports betting app stands out as one of the most polished mobile sportsbooks available to Canadian bettors. Designed with a clean, modern interface, the app delivers fast navigation, deep market coverage, and a seamless in-play betting experience across major sports and global leagues.
Performance on mobile is a clear priority, with layouts and workflows that feel more intuitive than the desktop platform, making the app the preferred way to place wagers on the go.
Security and accessibility are also strong points. The Stake iOS app supports built-in biometric authentication, including Face ID and fingerprint login, allowing users to access their accounts quickly without compromising security. Recent optimizations have focused on improving app stability, reducing load times, and streamlining bet placement for a smoother overall experience across supported iOS devices.
Canadian users can click here to download the Stake Sports mobile app for iOS (size 37.9 MB) directly from the Apple App Store, where it currently holds a 4.5/5 rating. The app is free to install and provides full access to Stake’s sportsbook features for eligible players in Canada.
User reviews "Easy to sign up and navigate. Gameplay runs smoothly and the interface is simple to use."
- Kaje78, App Store reviewer
Tips to maximize your Stake bonus code value
Claiming the Stake code bonus is the easy part; it's maximizing the bonus value that can make all the difference in whether or not you're profitable. Here are some of my crucial tips to best maximize your Stake.com bonus code.
📖 Understand the terms and conditions
Read Stake's fine print on wagering requirements, eligible markets, odds restrictions, and expiration dates so you know exactly how to use the bonus. This helps ensure that you don't miss out on anything.
📊 Bet on reasonable odds
Stake is not immune to excluding heavy favourites (like -300 or worse). Sticking to bets between -150 and +200 often gives you the best balance of meeting requirements without reckless risk-taking.
🏈 Use bonuses on familiar markets
Wager on sports, leagues, or bet types you follow and understand closely, since knowledge gives you an edge in turning bonus money into withdrawable cash.
⚡ Don’t ignore boosts or insurance
If you are presented with an opportunity to stack Stake promotions like profit boosts or parlay insurance on top of bonus play, you can multiply your value with enhanced odds.
💸 Manage your bankroll carefully
Break up your bonus bets rather than going all-in; this increases your chances of surviving variance and meeting the playthrough requirement.
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. You can use the Stake bonus code COVERSBONUS on all the most popular markets.
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.
The funds from the bonus Stake code COVERSBONUS can be used on all these bet types.
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 |
✅ |
✅ |
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, it has 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 Stake's 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. Use it to register and claim a welcome bonus worth $1,400 more than you get with other Stake codes.
Yes. COVERSBONUS is the highest-value Stake promo code we have found, giving new users a 200% deposit match up to $5,600 in bonus bets. That is 33% more than Stake's standard sign-up offer and any other Stake promo code we reviewed. The code is exclusive to Covers through our partnership with Stake.
As a new customer, you can make a minimum initial deposit of $15 and receive a 200% deposit match up to a $5,600 maximum bonus. The offer comes with a 40x wagering requirement.
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, Stake.com is licensed to operate in Canada, excluding Ontario. The online sportsbook and casino are licensed, authorized, and regulated by the Government of Curaçao.
You can claim the Stake code everywhere Stake sportsbook operates, including India, Russia, the Netherlands, Poland, and more. Stake sports betting is becoming readily available in more and more countries.
