Stake Sportsbook Review
Strong live betting and esports coverage
Cryptocurrency and CAD banking options
200% welcome bonus worth up to $5,600
Crypto-Friendly
Covers BetSmart Rating:
Bonuses & Promotions
Banking & Payout Speed
Key Features
Security & Trust
Customer Support
User Experience
Betting Odds
Payout Speed:
Within 24 hours
Deposits & withdrawals
Why Stake?
Strong live betting and esports coverage
Cryptocurrency and CAD banking options
200% welcome bonus worth up to $5,600
Payout Speed:
Within 24 hours
Covers BetSmart Rating:
Covers BetSmart Rating:
Deposits & withdrawals
Pros and cons
Stake offers one of the largest sportsbook promos in Canada. New customers who register with the Stake promo code COVERSBONUS can receive a 200% deposit match worth up to $5,600.
Stake sign-up bonus
Make a minimum first deposit of $15 to qualify for the Stake welcome offer. Stake matches the qualifying deposit by 200%, with bonus funds generally credited within 24 hours following the deposit and account review.
The biggest drawback is the rollover. A 40x wagering requirement applies, while individual qualifying wagers are limited to 1% of your initial deposit. This makes the offer much more demanding to clear than a traditional bet-and-get promotion.
Stake VIP Club
Stake's VIP Club is open to customers who meet its wagering thresholds rather than being available by invitation only. Bronze status starts at $10,000 wagered, followed by Silver at $50,000 and Gold at $100,000, with multiple Platinum and Diamond tiers above them.
Depending on your level, rewards can include weekly and monthly bonuses, rakeback, level-up rewards, reload bonuses, and eventually a dedicated VIP host. Stake currently pays 3.5% rakeback based on the theoretical value of qualifying sportsbook bets.
Ongoing promotions and bonuses
The cryptocurrency-based sportsbook has an unrivaled supply of ongoing promotions, including bonuses touching on every bet type and market you can imagine. Some bonuses promise winners a share of up to $100,000.
Cryptocurrency remains one of Stake's biggest banking strengths, with support for options including Bitcoin, Ethereum, Litecoin, Dogecoin, USDT, and several other coins. However, Canadian players aren't limited to crypto.
Stake also supports Canadian-dollar deposits through its local-currency banking system. Select CAD when depositing and Stake redirects you to its payment provider, where you can choose your financial institution and complete the transaction directly from your bank.
| Deposit Method | Fee | Process Time | |
|---|---|---|---|
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Free | Instant | $5 |
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Free | Instant | $5 |
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$0 | Instant | $5 |
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$0 | Instant | $5 |
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$0 | Instant | $5 |
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Free | Instant | $5 |
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$0 | Instant | $5 |
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$0 | Instant | None |
The online betting website facilitates withdrawals to the same cryptocurrencies and fiat options used for deposits. Processing is normally very fast, especially for crypto.
| Withdrawal Method | Fee | Process Time | |
|---|---|---|---|
|
|
Free | instant | BTC 0.00020000 |
|
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Free | instant | BCH 0.02000000 |
|
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Free | instant | DOGE 30.00000000 |
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Free | Within 24 hours | EOS 2.00000000 |
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Free | instant | ETH 0.00400000 |
|
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Free | instant | LTC 0.04000000 |
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Free | instant | XRP 7.00000000 |
|
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Free | instant | TRX 30.00000000 |
Stake Sportsbook has all the features you’d expect from one of the best betting sites in Canada, including a vast number of sports to bet on (over 100), a solid live betting platform that includes eSports and most other markets, an incredibly lengthy list of ongoing promotions, some of which are particularly lucrative. An informative blog is also available on-site as well as a group chat for account holders.
Live betting
Live betting is easily accessible and shows how many in-play events are available at any given time. Click on a specific event and, like other sportsbooks, you can do a deep dive, finding additional bets along with other useful information and analysis. Uniquely, you can also see other fellow bettors’ picks. Bettors also have access to an impressive number of markets.
Live streaming
Stake Sportsbook offers live streaming on a number of sports and events and has teamed up with Drake, who will play online casino roulette live with his fans. Viewers will also have the opportunity to play alongside the singer and share a portion of his potential winnings.
Poker
You can select from more than six different poker games, one of which – Texas Hold’Em Bonus Poker – resides in the Live Casino category
Notable partnerships
Stake believes wholeheartedly in the importance of high-profile partnerships with celebrities, influential sports teams, and athletes. It’s the main sponsor of Everton FC and has partnerships with Drake, Kun Aguero, Israel Adesanya, Jose Aldo, Alexa Grasso, and others.
Early cash out
Early cash outs are available on selected events and markets, both pre-match and live for singles and multi-bets. Akin to other sportsbooks, the option is not available for some markets and events.
Casino
Stake does everything in abundance and with great fervor. Their online casino has 12 categories to choose from, including Table Games, Live Casino, Feature Buy-in, Stake Originals, and Stake Exclusives. Like the sportsbook, Stake’s online casino has seemingly innumerable ongoing promotions to sink your teeth into.
Crypto exchange
Users can exchange a wide range of cryptocurrencies into the popular ones supported for deposits. This feature can be very useful and exchanges are done through CoinSwitch, a trusted operator. You can convert from many alt-coins and immediately get the funds into your account for betting. Note that it can take up to 30 minutes to complete exchanges.
Stake does not rely on a conventional App Store or Google Play download for its main sportsbook experience. Instead, it offers a Progressive Web App (PWA) that works on both iOS and Android.
On iPhone or iPad, you can open Stake in Safari and select Add to Home Screen. Android users can install it through their browser in a similar way. Once installed, the PWA provides an app-like shortcut with access to the sportsbook, casino, live betting, promotions, and account features.
Stake.com currently serves players across much of Canada, although its regulatory position differs by province.
The biggest recent development came on Sept. 24, 2026, when Stake Canada Ltd. received iGaming operator registration from Alberta Gaming, Liquor and Cannabis. Stake plans to bring a regulated sportsbook and online casino to Alberta soon. Its planned Alberta offering will not include poker or daily fantasy sports.
Stake is also pursuing regulated entry into Ontario, but Stake.com remains unavailable to Ontario bettors while that process is ongoing.
Outside those regulated provincial markets, Stake.com is operated by Medium Rare N.V. and licensed by the Curaçao Gaming Authority under licence OGL/2024/1451/0918.
Government of Curaçao
In many respects, Stake’s customer service falls short of expectations. Bettors have a live chat option and email support at their disposal, but you need to be logged into your account to gain access to the live chat option. The one thing missing is an FAQ section with extra information regarding common topics about online betting.
However, fitting in nicely with the Stake Sportsbook theme, the chat forum for account users is an excellent resource where sports bettors can rely on each other’s expertise. It is not an official channel, though, so keep that in mind when using it to source information
- Live chat available 24/7
- Email: support@Stake
- Phone: Not available
- Support languages: English
- X/Twitter: @Stake
Stake is a strong option for bettors who value live betting, esports, cryptocurrency banking, and long-term rewards. Its VIP system is one of its biggest differentiators, with rakeback, recurring bonuses, reloads, and higher-tier benefits rewarding frequent users.
The welcome offer also has an unusually high ceiling at up to $5,600, but the 40x wagering requirement and 1% maximum-bet rule significantly reduce its appeal for casual bettors. Stake's interface can also feel busy initially, while its PWA setup isn't as straightforward as downloading a traditional sportsbook app.
For experienced bettors willing to work within those limitations, Stake offers a combination of betting markets, promotions, live wagering, and rewards that few crypto-friendly sportsbooks can match.
Stake FAQ
Stake.com is operated by Medium Rare N.V. and holds licence OGL/2024/1451/0918 from the Curaçao Gaming Authority. Stake Canada Ltd. also received AGLC operator registration in September 2026 as part of its move into Alberta's regulated market.
Yes, you can sign up and wager from anywhere in Canada except Ontario.
Stake offers an installable Progressive Web App for both iOS and Android. It works like an app from your phone's home screen without requiring a conventional App Store or Google Play download.
Stake Sportsbook is offering a 200% deposit match bonus, up to $5,600.
Yes. Bitcoin remains one of Stake's supported cryptocurrencies, alongside Ethereum, Litecoin, USDT, Dogecoin, and several other digital currencies.
Yes. Stake supports Canadian-dollar deposits in addition to cryptocurrency. Select CAD from the Stake wallet and follow the banking instructions to complete your deposit through the available payment provider.
Yes, you can withdraw winnings.
Processing times, once verified by the sportsbook, are immediate for cryptocurrency. Fiat options take up to 48 hours.
Contact Stake customer support through live chat or via their customer services email address, support@stake.com.
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