Stake is one of the biggest crypto-focused gambling platforms, combining casino games, live casino, sports betting and its own Stake Originals under one account. The platform supports cryptocurrency as well as a range of local currencies.

The current welcome offer is 3.5% rakeback, which gives eligible new players access to the same rakeback normally unlocked through the Stake VIP programme.

For Canadian players, there is one important restriction: Ontario is excluded. Stake also supports CAD withdrawals for eligible Canadian players, including Interac e-Transfer.

Is Stake Legit?

Stake is operated by Medium Rare N.V., registered in Curaçao, and is licensed by the Curaçao Gaming Authority under licence OGL/2024/1451/0918. Stake publishes its operator and licence information directly on its website.

The platform has operated since 2017 and has developed into a large international gambling operation rather than a small crypto casino.

Stake also has formal AML and KYC procedures. Depending on the account and activity, players can be asked for identification, address information, source-of-funds information or other documentation.

So yes, Stake is a licensed operating casino, but players should understand that verification can be part of using the platform and making withdrawals.

Stake Bonus

The current Stake welcome promotion is:

3.5% Rakeback

Unlike a traditional deposit-match bonus, the offer gives eligible new players access to rakeback that would normally be unlocked through the Stake VIP programme.

Stake states that the welcome offer returns 3.5% of the house edge on eligible casino wagers. For example, if you wager 1 BTC on a game with a 2% house edge, the house edge would be 0.02 BTC and 3.5% of that amount would be returned as rakeback.

The offer needs to be activated using a valid affiliate code within 24 hours of opening the account. Stake says players who miss that window can contact live support for assistance.

Stake also operates a wider VIP programme with additional rewards, promotions and increasing benefits as players progress through the tiers.

This isn’t a conventional “deposit $500 and receive another $500” bonus, so players should understand the rakeback structure before signing up.

Stake Games

This is one of Stake’s strongest areas.

The current Stake casino advertises 6,000+ casino games, including slots, live dealer games, table games, poker, scratch cards, burst games and Stake Originals.

The casino covers the main categories you’d expect:

• Slots
• Live casino
• Blackjack
• Roulette
• Baccarat
• Table games
• Crash games
• Poker
• Stake Originals

Stake works with a large number of established providers, including Pragmatic Play, Play’n GO, Push Gaming, Relax Gaming, ELK Studios, Games Global, BGaming and Hacksaw Gaming, alongside a growing collection of Stake-exclusive studios.

The Stake Originals section is one of the platform’s defining features. It includes games such as Mines, Dice, Plinko, Crash, Limbo, Hilo, Keno, Chicken and Blackjack.

Stake states that its Originals use a provably fair system, allowing players to verify game outcomes using cryptographic methods rather than simply relying on a conventional RNG.

There is also a large live casino section with games from providers including Evolution and Pragmatic Play Live.

Stake Withdrawals

Stake supports cryptocurrency withdrawals as well as local-currency withdrawal methods in supported countries.

For Canadian players, Stake currently supports CAD withdrawals through Interac e-Transfer.

Stake’s current CAD withdrawal instructions require players to complete identity verification before making their first withdrawal. The withdrawal is processed through a third-party payment service, with the funds then transferred to the player’s Canadian bank account through Interac.

Stake says Interac transactions can take up to three business days, although they are normally faster.

Stake also currently supports CAD withdrawals back to eligible Visa and Mastercard cards when the card was previously used for a deposit. Card withdrawals can take up to three business days after Stake processes the withdrawal.

Crypto withdrawals can be faster, but blockchain confirmations and account verification can still affect the actual processing time.

So we wouldn’t describe every Stake withdrawal as instant.

Stake KYC

Stake isn’t a guaranteed no-KYC casino.

The platform’s AML policy states that Stake collects customer information and can request additional identification and source-of-funds information when required by its risk and compliance procedures.

For Canadian players using CAD withdrawals, the requirement is particularly clear: identity verification is required before the first CAD withdrawal. Accepted documents include a passport, national ID or driver’s licence.

Stake can also carry out enhanced verification where account activity triggers additional compliance checks.

The sensible approach is therefore simple:

Don’t sign up expecting guaranteed anonymous withdrawals.

If Stake asks for identification or additional information, you’ll need to complete the relevant verification before the account or withdrawal can proceed.

Stake for Canadian Players

Stake is available to Canadian players with an important exception: Ontario is specifically listed as a prohibited jurisdiction in Stake’s current terms.

That means the review should not describe Stake as available to all Canadian players.

Players elsewhere in Canada can access Stake where permitted, and the platform currently supports CAD withdrawals through Interac.

There can also be individual game restrictions. Stake’s provider policies show that some specific games have Canada-specific restrictions, even though Canada itself is not a prohibited jurisdiction for the platform as a whole.

If you’re in Ontario, don’t attempt to bypass the restriction with a VPN. Stake’s terms specifically prohibit attempts to circumvent its jurisdiction restrictions.

Stake Verdict

Stake is a substantial crypto gambling platform with a large casino catalogue, its own Originals, live casino and sportsbook all operating under one account.

The 3.5% rakeback welcome offer is different from a conventional deposit bonus and is most relevant to players who expect to wager regularly.

The game selection is extensive, the Stake Originals provide a large collection of provably fair games and the platform supports both cryptocurrency and local-currency payment options.

For Canadian players, CAD and Interac withdrawals are useful additions, but Ontario is specifically excluded and KYC is required for the first CAD withdrawal.

The main things to keep in mind are the rakeback structure, verification requirements and Canadian jurisdiction restrictions.

Welcome offer: 3.5% Rakeback
Games: 6,000+ casino games plus Originals and live casino
KYC: Required for first CAD withdrawal and may be requested otherwise
Withdrawals: Crypto, Interac CAD and other methods depending on location
Canada: Available outside Ontario
Best for: Crypto casino players looking for a large game selection and Stake Originals