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Stake Review for Sports Betting In India
There are many excellent sports betting sites available in India, and one of the most well-known names is Stake. However, simply being a famous bra...
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There are many excellent sports betting sites available in India, and one of the most well-known names is Stake. However, simply being a famous bra...
The Stake Betting India site is a well-known iGaming brand operating globally. It offers a comprehensive sports betting and casino platform with several promotions available.
| Stake - complete summary | |
|---|---|
Website | Minimum Withdrawal ₹ 0.00000 |
Mobile App Android, iOS | Minimum Deposit ₹ 500.00000 |
Customer Support Email, Live chat | Company Medium Rare N.V. |
License | |
Payment Methods | UPI and cryptocurrencies    |
| Stake - complete summary |
|---|
Website |
Minimum Withdrawal ₹ 0.00000 |
Mobile App Android, iOS |
Minimum Deposit ₹ 500.00000 |
Customer Support Email, Live chat |
Company Medium Rare N.V. |
License |
Payment Methods UPI and cryptocurrencies |
This bookie focuses on crypto betting, though it also allows punters to deposit and wager using fiat currencies like INR. With thousands of slots and hundreds of sports betting opportunities, it is an exceptional platform.
Nonetheless, we take the time to dive deeper and see whether its reputation is well-deserved. Our Stake review examines this bookmaker’s side. We discuss our key insights and evaluate its promotions, deposit, and withdrawal methods, as well as available sports.
There are many reasons why this bookmaker is an excellent one for Indian punters. Below are a few positives to use this betting site:
This betting site has a user-friendly interface and around 20 cryptocurrencies available for deposits and withdrawals. It also provides a comprehensive online casino with over 3,200 games, ranging from slots to table games.
Punters can play in INR or crypto, though only UPI/bank transfers are available for INR deposits. While it doesn’t offer a mobile app, it does have a perfectly optimised mobile website.
Support is available 24/7, but due to the bot mechanic, it can be challenging to reach a live agent on the live chat.
Explore the pros and cons of this bookmaker before deciding whether to sign up:
When reviewing this and any betting sites, we examine and evaluate the site according to strict criteria. This rating guideline includes the following aspects:
Medium Rare NV established this bookmaker in 2017 and has grown the brand since then. It still operates the dot-com platform available to Indian punters, though it has different operators for other jurisdictions.
The website is available in Hindi and English, ensuring an optimised and user-friendly Indian experience. Since this brand was established, over 206 billion sports bets have been placed on its platform. Further, it has seen some massive wins, such as a punter winning $7.6 million (₹63,80,78,520) on an NBA bet.
We examined the bookie’s security measures when answering the question, “Is Stake safe?” We found that this bookmaker uses SSL encryption and password-protected systems and databases.
These measures ensure that no unauthorised parties can access punters’ data. Still, punters can also protect their accounts even more by adding two-factor authentication.
When reviewing this bookmaker, one of our primary questions was, “Is Stake legit?” Medium Rare NV operates using a Curacao licence, which ensures it can offer its services to specific jurisdictions.
We investigated the answer to “Is Stake banned in India?” to see which Indian players can use the site. We found that punters from states in India that allow gambling can easily sign up on this platform.
However, some Indian states ban all forms of gambling, though no punter has undergone legal prosecution for using the Stake betting site. These states include Telangana and Andhra Pradesh.
By following our registration guide, you can sign up at Stake Sportsbook within minutes. We also discuss what verification you must complete when registering.
When looking at how to play at Stake, the first step is to create an account following the below steps:
Once you’ve created your account, you must complete your profile to make a deposit. It’ll automatically prompt you to add your details, but you can also access it through your profile button. Follow our guide below to verify your account:
The majority of the available payment methods are cryptocurrencies. If you’re a fiat player looking for a wide range of fiat methods, this site might not be ideal. If you’re a crypto player, you’ll have an excellent time, as the bookie supports:
When using INR, the only available payment method is UPI for deposits and withdrawals.
The Stake minimum deposit changes depending on which payment method you use. For UPI deposits, there’s a ₹500 minimum deposit limit. The maximum deposit limit is ₹49,999. When it comes to cryptocurrencies, there’s no stated minimum or maximum deposit limit. As such, it allows punters to control their bankroll finely while wagering.
UPI deposits can take up to 75 minutes to appear in your account, but cryptos are often instant. If it’s been more than 24 hours since you made the deposit and it’s still not showing, you should contact customer support for assistance.
You can switch to the sportsbook section of this platform at the top of the sidebar. The sports lobby will show you a selection of the most popular sports and current hot bets. There are over 45 sports and around 15 esports available on the Stake online betting site.
We look at a few of its most popular options Indian players can bet on.
You can make a Stake IPL bet on a live match while watching it live. If you see a TV icon next to the odds, it means a live stream is available. Several fun sports betting markets, such as prop bets and outrights, are available for live betting.
The sidebar shows the number of live events available at any time. You can click on this tab to open all the live betting options or use the Starting Soon tab for upcoming events.
The live betting lobby lists all the sports with live events and states the number of events each has. For example, if you want to find odds for the IPL on Stake, you can navigate to the cricket heading and scroll through the available options.
A betting exchange is a feature that some bookmakers offer, where punters take the role of the bookie. Punters bet against each other, as one user can set odds for a specific match, and another user can choose to bet on it. However, we didn’t find this feature available at this bookmaker.
We examined the sports betting rules and terms to see what punters have to do when wagering. For the most part, the standard rules apply regarding when bets are void and what constitutes a win.
For example, the Stake cricket rules state that in the Hundred format, an over constitutes five legal deliveries. As such, 20 overs make up a full inning. Further, no sports betting market will consider super overs unless the specific terms of a bonus or bet state otherwise.
We look at how to bet on Stake and consider some of the best tips. While there are no tricks that’ll guarantee you a win, you can use some tactics to minimise your possible losses and better manage your bankroll.
Stake’s blog also has articles with helpful betting tips, and you can use the community forum to get advice from other punters. Below, we discuss some of our expert tips and Stake tricks to keep your losses as low as possible.
Punters will find that the same payment methods are available for deposits and withdrawals. That’s to say, cryptocurrencies and bank transfers for fiat punters. The cryptos have specific minimum withdrawal limits, which depend on the crypto.
For example, Bitcoin has a 0.00003928 BTC limit, while Ripple has an 11 XRP limit. There are no maximum limits when withdrawing with cryptos.
Meanwhile, for bank transfer withdrawals, the limits are the same as the deposit limits. That’s to say, you can withdraw between ₹500 and ₹49,999 per transaction.
Crypto withdrawals will also have a fee, though the cost varies depending on the cryptocurrency. Bank transfer withdrawals typically reach your bank in one to three days, while crypto withdrawals are faster.
Earlier in the review, we asked the question, “Is Stake legal in India?” Now that we know some Indian punters can use the site, we checked whether this bookmaker offers a mobile app. Unfortunately, we didn’t find an official Stake app.
While there are no mobile apps for Android/iOS users, the mobile website is perfectly optimised for mobile punters. The sidebar menu moves to the bottom of the screen for easy access, with the “Browse” button opening the collapsible sidebar.
Otherwise, the mobile site offers the same games and bonuses as the betting site. It has fast-loading pages and a user-friendly interface. You can always use this site, provided you have access to the Internet on your mobile browser.
There are over 3,200 Stake games on this site, making its casino an excellent section to use when taking a break from sports betting. The operator lists thousands of slots from providers like Pragmatic Play, Play’n GO, NoLimit City, and Hacksaw Gaming.
It also offers several original games, like Dice, Plinko, Wheel, Limbo, Hilo, and Mines titles. These instant games are available in the gaming lobby under the header Stake Originals. There are also exclusive titles under the Stake Exclusives heading, including options like Pixel Farm and Sweet Fiesta.
The live casino lobby offers over 85 titles from providers like Pragmatic Play Live and Evolution. Sort the casino games using the provider filter or game headings. For a more detailed account of this bookie’s casino, read our dedicated Stake casino review.
We delved into the bonuses and promotions to see whether there’s a Stake IPL offer available to punters. But, we found limited sports betting promotions available, with the majority of the bonuses being for casino players.
There isn’t a sports welcome offer, for example. There are several time-limited promotions for sports bettors, though, with offers such as the following frequently available:
While a Stake IPL Early Six bonus isn’t regularly available, there’s another IPL offer. If your team scores three goals but doesn’t win the match, you can receive up to $100 USD.
Many different time-limited promotions are available, but there are also regular offers like Stake’s Daily Races and Weekly Raffle. Simply by betting, you can climb the daily race leaderboard, with the top 5,000 racers winning prizes.
Further, for every $1,000 USD (₹83,960) you wager, you receive one ticket into the weekly raffle. In addition to these regular offers, there’s also a VIP Club. Punters can climb through Bronze, Silver, Gold, and Platinum tiers as they place bets on the site.
Their wager amount determines their VIP tier, with the following limits:
VIP members can receive daily, weekly, monthly, and level-up bonuses, rakeback, and bonus growth benefits.
Part of our investigation into the answer to “Is Stake trustworthy?” is checking its customer support. You learn a lot about a bookie by looking at how efficient and accessible its customer support is. There’s a live chat available 24/7, but we found it challenging to reach a live agent through it.
When accessing the chat, a bot will guide your request through specific channels. Often, there’s no option to contact a live agent after the bot has helped you. Instead, the chat will recommend you use the support email to contact live agents.
The support email is available 24/7, but it can still take a while to receive an answer. While we received a response within 24 hours when testing the support email, it still took the team a few hours to contact us after we reached out.
Still, this bookmaker’s Help Centre is detailed, allowing punters to search for answers to questions easily. The search bar enables punters to type in keywords to find articles concerning their issues.
The centre is also divided into different categories, such as Account, Payments, Casino, Sports, Bonuses & Promotions, VIP Program, and FAQ.
While Stake’s website is available to punters in India, the company doesn’t have an office there. Its headquarters are in Willemstad, Curacao, at Korporaalweg 10. Its payment agent company, Medium Rare Limited, is based in Nicosia, Cyprus, at 7-9 Riga Feraiou, Lizantia Court, Office 310, Agioi Omologites.
Medium Rare NV owns the Stake brand and operates the dot-com site. It doesn’t own or operate another website like Stake, so there’s not much else known about this operator.
Still, it turned this bookmaker into an excellent site, so we can see it puts in the effort to offer the best to its Indian users.
While this bookmaker is an excellent choice, you might prefer something else. In that case, we examined various bookmakers with similar offers. Excellent Stake alternatives are Betway and 10CRIC, which also support crypto casinos.
Another alternative is Dafabet, which offers a host of cryptos and optimises its platform for punters in India. It has a comprehensive VIP program, a stacked welcome bonus, and several other promotions.
If you prefer a more balanced approach, then we recommend Parimatch. This bookmaker is ideal for Indian punters, offering several crypto and fiat payment methods. It also provides odds and betting markets for popular sports such as cricket and kabaddi.
We delved deep into Stake’s features and aspects to see whether it’s a worthwhile option for punters in India. While we found a few areas the bookie could improve on, it was an impressive site overall. Our biggest complaints are the difficulty in reaching a live chat agent and the lack of a mobile app.
All the same, Stake more than makes up for these issues, as it provides a comprehensive Help Centre and a fully optimised mobile website. While we would like to see more regular promotions available, we appreciate the VIP program and variety of cryptocurrencies.
We recommend this bookmaker to punters in India who prefer playing with crypto but would like another option.
If you’d like to see what Stake offers at a glance, here are some common questions and answers.
