Stake

Stake is an international crypto-first casino and sportsbook launched in 2017, operated by Medium Rare N.V. The platform combines casino games, Stake Originals and sports betting under one account, with cryptocurrency remaining a core payment option alongside selected local-currency methods where available.

Stake.com is licensed by the Curaçao Gaming Authority under licence number OGL/2024/1451/0918. This licence applies specifically to Stake.com and establishes the regulatory framework under which Medium Rare N.V. operates the international platform. However, players remain responsible for ensuring that using Stake is permitted under the laws of their own jurisdiction.

Stake does not rely on a single universal deposit-match welcome bonus. Instead, new users can currently unlock instant rakeback by entering a valid affiliate or referral code within 24 hours of opening an account. The welcome rakeback returns 3.5% of the house edge generated by qualifying play rather than 3.5% of the total amount wagered. Stake also runs an ongoing VIP programme and other promotions whose availability and terms may change over time.

Stake.com access depends heavily on location because players located in or residing in a number of prohibited jurisdictions, including the United States, United Kingdom and Australia, cannot use the real-money platform. The Terms also prohibit attempts to bypass geographic restrictions through a VPN, proxy or false location information. Players should check both Stake’s current Terms and applicable local law before registering or depositing.

This ClickZen review breaks down each of these areas in detail, starting with how Stake works, followed by its licensing and verification requirements, bonuses, availability, betting products, payments and responsible gambling controls.

What Is Stake and How Does It Work?

Stake is a crypto-first online casino and sportsbook launched in 2017 and operated by Medium Rare N.V. The platform combines cryptocurrency-focused casino gaming with a full sportsbook under one account.

Users register an account, provide the required personal information and may be asked to complete identity or other compliance checks. Stake reserves the right to request KYC documentation and to restrict services, payments or withdrawals until a player’s identity and location have been sufficiently established.

The platform’s main products fall into three broad groups: a casino section with slots, table games and live dealer content; a sportsbook covering pre-match and live betting; and Stake Originals, a range of proprietary casino games developed for Stake. Cryptocurrency remains central to the platform, while selected local-currency payment options may also be available depending on the player’s location.

The sections below explain who operates Stake and how the platform positions its casino, sportsbook and VIP products.

Who Operates Stake and What Is Its Brand Positioning?

Stake.com is owned and operated by Medium Rare N.V., a Curaçao-registered company operating the international Stake casino and sportsbook. Some payment processing may be handled by Medium Rare Limited and MRS Tech Limited, which are separate payment-agent companies associated with the platform.

Stake positions itself as a combined casino and sportsbook rather than a single-product gambling site. Its offering is built around three main areas:

• A sportsbook covering pre-match and live betting across major sports and esports
• Casino content spanning slots, live dealer games, table games and Stake Originals
• A VIP loyalty programme offering rewards such as rakeback, weekly and monthly bonuses, reloads and level-based benefits

Stake Originals are developed in-house and use provably fair technology, allowing players to verify eligible game outcomes through Stake’s cryptographic fairness system rather than relying only on the platform’s own result display.

The Curaçao licence discussed throughout this review applies specifically to Stake.com. Stake-branded services operating under separate local frameworks should therefore be assessed according to the licence and entity governing that particular platform.

Is Stake Legit and Safe to Use?

Stake.com is a licensed gambling platform operated by Medium Rare N.V. under Curaçao Gaming Authority licence OGL/2024/1451/0918. It also uses KYC, AML and account-security procedures, although holding a gambling licence should not be interpreted as a guarantee that gambling is risk-free or that Stake is legally available in every jurisdiction.

Assessing whether Stake is suitable for a particular player requires looking beyond the licence itself. Account verification, withdrawal controls, geographic restrictions and responsible gambling tools are also relevant, as explained below.

What Licence Does Stake.com Hold?

Stake.com operates under Curaçao Gaming Authority licence number OGL/2024/1451/0918, held by Medium Rare N.V. This is the specific regulatory authorisation relevant to the international Stake.com platform.

Medium Rare N.V. is registered in Curaçao under company registration number 145353, with a registered address at Seru Loraweg 17 B, Curaçao. Stake’s Terms also identify Medium Rare Limited and MRS Tech Limited as companies that may handle some payment processing.

The Curaçao licence applies to Stake.com itself. It should not be treated as a universal licence covering every Stake-branded service or as confirmation that Stake.com may legally accept players from every country. Stake’s own Terms require users to ensure that their use of the service is lawful in their jurisdiction.

How Does Stake Verify Player Identity (KYC)?

Stake uses a KYC process and reserves the right to request identity and location documents whenever it considers verification necessary. The platform can restrict access to services, payments or withdrawals until a player’s identity has been sufficiently determined.

Registration requires personal information such as an email address, full name, date of birth and address. When proof of identity is requested, accepted documents generally include:

• International passport
• National identity card
• Driving licence

Stake’s compliance team may also request additional documents depending on the circumstances. These can include:

• Proof of address, such as an eligible utility bill or bank statement
• Source-of-income or source-of-funds documentation
• Additional information needed for compliance or enhanced due diligence

Withdrawals may also be subject to identity verification or additional KYC procedures before funds are released. Stake should therefore not be presented as a guaranteed no-KYC casino. The level of verification required can depend on the account and compliance circumstances.

What Bonuses and Promotions Does Stake Currently Offer?

Stake currently uses several reward formats rather than relying on one standard deposit-match welcome bonus. These include a welcome rakeback offer, VIP rewards and rotating promotions such as races, raffles, reloads and sportsbook-related offers, subject to eligibility and promotion-specific terms.

Because promotional terms can change, players should always check the current offer page before depositing or wagering specifically to qualify for a reward.

How Does the Instant Rakeback Welcome Offer Work?

Stake’s current welcome offer lets new players unlock rakeback by entering a valid affiliate or referral code within 24 hours of opening an account. The rakeback returns 3.5% of the house edge generated by qualifying play.

This distinction is important because 3.5% does not mean the player receives 3.5% of every deposit or the total amount wagered. Instead, the calculation is based on the house edge associated with the qualifying game or activity.

The 24-hour code window also matters. If more than 24 hours have passed, a player cannot normally enter the code through the offer field. Stake’s Help Center advises users who signed up through a code but encounter an issue to contact support for assistance.

Rakeback is otherwise a standard VIP benefit once the relevant VIP level is reached. Players intending to claim the new-user offer should therefore confirm the affiliate or referral code and current conditions before registration.

What Are the VIP Club Levels and Benefits?

Stake currently lists 15 named VIP levels, starting at Bronze and progressing through Silver, Gold, six Platinum levels, five Diamond levels and Obsidian. Progress is based on wagering activity, with higher levels requiring progressively larger amounts of eligible play.

The listed progression thresholds are:

• Bronze: 10,000 points
• Silver: 50,000 points
• Gold: 100,000 points
• Platinum I: 250,000 points
• Platinum II: 500,000 points
• Platinum III: 1,000,000 points
• Platinum IV: 2,500,000 points
• Platinum V: 5,000,000 points
• Platinum VI: 10,000,000 points
• Diamond I: 25,000,000 points
• Diamond II: 50,000,000 points
• Diamond III: 100,000,000 points
• Diamond IV: 250,000,000 points
• Diamond V: 500,000,000 points
• Obsidian: 1,000,000,000 points

Benefits expand as players move through the programme. Depending on level, these can include:

• Weekly and monthly bonuses
• Rakeback
• Level-up bonuses
• Bonus growth
• Daily or reload-style rewards at qualifying higher levels
• Access to a dedicated VIP host at higher levels
• Customised benefits at qualifying Diamond levels

Sports betting receives 3x weighting toward VIP progress compared with standard wagering calculations. For example, $1 of eligible sports betting activity can count as $3 toward the relevant VIP wagering calculation. This means sportsbook-focused players can progress with less nominal turnover than would otherwise be required under standard casino weighting.

Is Stake Available in My Country?

Stake.com is available internationally but does not permit real-money use by people located in or residing in jurisdictions listed as prohibited in its Terms. Availability therefore depends on the player’s actual location and place of residence rather than one universal rule.

Stake’s Terms also prohibit attempts to circumvent location restrictions by using a VPN, proxy or misleading information about a player’s residence or physical location. Because both platform restrictions and local gambling laws can change, players should check the latest Terms and applicable law before opening an account.

Is Stake Legal in the UK, US or Australia?

Stake.com does not permit people located in or residing in the United Kingdom, United States or Australia to use its real-money service. All three are currently listed as Prohibited Jurisdictions in Stake.com’s Terms.

This is more precise than stating that Stake is universally “illegal” in each country, because the legal status of online gambling depends on local legislation and regulatory frameworks. What can be stated directly from Stake’s current Terms is that Stake.com does not permit real-money use from these jurisdictions.

• United Kingdom: Stake.com lists the UK as a Prohibited Jurisdiction.
• United States: Stake.com lists the US as a Prohibited Jurisdiction.
• Australia: Stake.com lists Australia as a Prohibited Jurisdiction.

Stake.us is a separate US-facing social casino and should not be confused with Stake.com. It uses virtual tokens including Gold Coins and Stake Cash and operates under a different business entity and product model. Its availability is also subject to its own state-level restrictions and Terms.

Attempting to access Stake.com from a prohibited jurisdiction through a VPN, proxy or misleading location information violates Stake.com’s Terms.

Which Other Countries Are Restricted on Stake.com?

Stake.com’s current Prohibited Jurisdictions list extends well beyond the UK, US and Australia. Under the current Terms, people located in or residing in the following jurisdictions are not permitted to use the service:

• Afghanistan
• Argentina
• Austria
• Australia
• Belgium
• Brazil
• Cayman Islands
• Colombia
• Croatia
• Cuba
• Curaçao
• Czech Republic
• Cyprus
• Democratic Republic of the Congo
• Denmark
• France
• Germany
• Greece
• Iran
• Iraq
• Israel
• Italy
• Liberia
• Libya
• Lithuania
• Malta
• Mexico
• Netherlands
• North Korea
• Ontario
• Peru
• Poland
• Portugal
• Serbia
• Slovakia
• South Africa
• South Sudan
• Spain
• Sudan
• Syria
• Sweden
• United Kingdom
• United States
• Zimbabwe

This list applies specifically to Stake.com and may change when Stake updates its Terms. It should also not be interpreted as a complete statement of gambling law in each jurisdiction. Players remain responsible for ensuring that their use of any gambling service complies with local legislation.

What Casino and Sports Betting Products Does Stake Offer?

Stake combines a sportsbook offering pre-match and live betting with a casino featuring third-party games and proprietary Stake Originals. Both products are accessible through the same account and wallet system.

The sportsbook includes major sports and esports markets, while the casino combines slots, live dealer products, table games and in-house titles. The sections below explain the main features of each product group.

What Sports and Betting Features Does Stake’s Sportsbook Include?

Stake’s sportsbook covers pre-match and live betting across a broad range of sports and esports, with standard singles and multiples alongside more advanced event-based betting tools.

Sports commonly available include football, basketball, tennis, American football, baseball, ice hockey, cricket, golf, MMA, boxing, rugby, volleyball, table tennis, motorsports, horse racing and major esports competitions.

Depending on the event and market, available betting structures can include:

• Pre-match and live/in-play betting
• Single and multiple bets
• Bet Builder or Same Game Multi-style markets
• Player props
• Asian Handicap
• Over/Under markets
• Moneyline and 1X2 markets

Cash Out may be available on eligible bets, while live streaming is offered for selected sporting events. Availability of individual features, streams, markets and promotional tools can vary by event, sport and location.

What Are Stake Originals and Are They Provably Fair?

Stake Originals are proprietary casino games developed for Stake, and Stake states that all Stake Original games use provably fair technology. This allows players to independently verify game outcomes through cryptographic data rather than relying only on the displayed result.

The Stake Originals range includes games such as Dice, Mines, Plinko, Crash, Keno, Limbo, Hilo, Chicken, Dragon Tower, Blackjack, Roulette and Baccarat, alongside other proprietary titles added to the platform over time.

The provably fair system uses cryptographic inputs including a server seed, client seed and nonce to generate verifiable outcomes. Players can use Stake’s fairness tools to inspect the relevant seed data and confirm the result of a verifiable bet.

• Plinko uses provably fair verification for game outcomes
• Mines uses provably fair verification for grid results
• Dice uses provably fair verification for rolls
• Crash uses provably fair verification for rounds
• Limbo uses provably fair verification for outcomes
• Keno uses provably fair verification for draws

Provably fair technology provides a method for verifying whether a result was generated according to the disclosed cryptographic process. It does not remove the house edge or guarantee that a player will win.

How Does Stake Handle Payments and Player Protection?

Stake remains a crypto-first platform but also supports selected local-currency payment methods depending on the player’s location. Alongside payments, Stake provides responsible gambling controls designed to help users manage deposits, wagering, losses and access to gambling products.

Available payment methods, currencies and blockchain networks can change, so users should confirm the supported options shown in their account before sending funds. On the player-protection side, Stake Smart provides limits, temporary breaks and self-exclusion tools.

Which Cryptocurrencies and Payment Methods Does Stake Support?

Stake supports a broad range of cryptocurrencies, including major assets such as Bitcoin, Ethereum, USDT, Solana, XRP and Dogecoin. The exact currencies and payment methods available can depend on location and may change over time.

Examples of supported cryptocurrencies include:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Dogecoin (DOGE)
• Bitcoin Cash (BCH)
• Tether (USDT)
• BNB
• USD Coin (USDC)
• Solana (SOL)
• XRP

Stake also supports selected local-currency payment methods in eligible markets. This means the platform is better described as crypto-first rather than crypto-only.

For cryptocurrency transactions, players must select the correct asset, blockchain network and wallet address. Sending funds through an unsupported or incorrect network can result in processing problems or loss of funds.

Withdrawals may require security verification and can also trigger additional KYC or enhanced due diligence. Stake’s Terms specifically reserve the right to refuse or delay withdrawals until the required identity and account checks have been completed.

What Responsible Gambling Tools Does Stake Smart Provide?

Stake Smart provides several responsible gambling controls, including deposit, wager and loss limits, Break in Play and self-exclusion options. These tools allow players to apply different levels of restriction depending on how much control or separation from gambling they need.

Deposit, wager and loss limits allow users to restrict account activity. Reducing a limit generally takes effect more quickly than increasing or removing one, with cooling-off rules intended to prevent an immediate reversal of a protective setting.

Break in Play provides temporary account breaks for set periods, including:

• 1 Day
• 2 Days
• 1 Week
• 1 Month

Stake also offers longer self-exclusion controls. General self-exclusion can restrict access for an extended period, while casino-specific exclusion can be used to block casino products separately from other eligible products.

These tools can help players manage gambling activity, but they do not eliminate financial risk. Anyone experiencing difficulty controlling gambling should stop playing and use the available restriction or self-exclusion functions.

Conclusion

Stake is an established crypto-first casino and sportsbook operated by Medium Rare N.V. under Curaçao Gaming Authority licence OGL/2024/1451/0918. Its main strengths are the combination of sportsbook markets, a large casino catalogue, provably fair Stake Originals and a structured VIP rewards programme under one account.

The platform also applies KYC and AML controls and may require identity, address or source-of-funds documentation, particularly where compliance checks or withdrawals require further verification. Stake should therefore not be described as a guaranteed no-KYC gambling site.

The most important limitation is geographic availability. Stake.com prohibits real-money use from a substantial list of jurisdictions, including the UK, US and Australia, and its Terms prohibit attempts to bypass these restrictions through a VPN or false location data. Players should always verify the latest Stake Terms, available payment methods, promotion conditions and applicable local law before registering or depositing.

Marcus Zeno

Marcus Zeno is a Betting Analyst and Review Editor at Clickzen.io with over eight years of experience in the online betting industry. He specializes in reviewing sports betting platforms and online casinos, analyzing odds, bonuses, and market trends. With a background in economics and finance, Marcus delivers objective, data-driven insights to help readers make informed and responsible betting decisions. Email: [email protected]