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In the world of online betting, Stake.com has rapidly emerged as a standout platform, mostly due to its innovation, simplicity, and extensive support for cryptocurrencies.
Stake.com was Launched in 2017 by Edward Craven and Bijan Tehrani. The platform has quickly become a leader in crypto gambling, endorsed by multiple celebrities and sponsors companies such as the UFC and brands like Formula 1.
What is Stake.com?
Stake.com is a popular betting platform with a strong presence in sports sponsorships, an elaborate VIP program, numerous bonuses and promotions, a vast selection of slot games, and extensive cryptocurrency support.
Operating as both an online casino and a sports betting platform, Stake.com offers a plethora of gambling options, including:
- Traditional casino games like slots, blackjack, and roulette
- Sports betting
- Live dealer games with video streams
Stake Giveaways
Stake.com is all about rewarding its players with exciting promotions, and its standout offer is the weekly $75,000 giveaway. Here’s what you need to know:
- Prize Pool: $75,000 (up from the previous $50,000)
- Frequency: Every Saturday at 2 pm GMT
- Entry Criteria: You get one entry ticket for every $1,000 wagered on casino games or sports
- Number of Winners: 15 winners each week
- Prize Distribution: $75,000 shared among the 15 winners
- Payout: Prizes are paid in Bitcoin
To join in, simply wager at least $1,000 on Stake.com to snag an entry ticket. The more you play, the higher your chances of winning. Winners are picked during a live raffle stream every Saturday, and you can check your entry numbers in your account’s VIP section.
That’s not all, however. Stake also hosts daily races with a whopping $100,000 prize pool up for grabs every 24 hours.
In short, Stake.com is making waves in the online casino world with its generous $75,000 weekly giveaway and thrilling daily races, boasting $100,000 in prizes.
Sponsorships in Sports and Athletes
It’s one of the leading online betting platforms, boasting an extensive portfolio of sponsorships across various sports and entertainment sectors, including the Stake F1 Team, being an official UFC Betting Partner and for football teams such as Everton FC, Enyimba FC and Juventude.
Stake.com sponsors two of the most popular fighters in the UFC: Israel Adesanya and Alex Pereira (UFC). To add to that, they also have Alexa Grasso, Alexandre Pantoja and Jailton Almeida giving them visibility in the South American region. In football, Sergio Agüero is an international ambassador for the platform.
Source: UFC Stake
In music, Stake sponsors the North American artist Drake and Puerto Rican rapper Anuel AA. Both artists frequently post their bettings on their social media platforms. Notably, the platform has a $100 million annual endorsement deal with Drake since 2022.
Stake also has a presence in the world of racing, sponsoring Pietro Fittipaldi (F1 reserve driver) and Enzo Fittipaldi (Formula 2).
What is Stake’s VIP Club, and What Are Its Benefits?
Source: Stake.com VIP Club
Stake’s VIP program offers multiple levels, each with different benefits. The levels go from Bronze to Obsidian, based on wagering amounts. Some of the benefits include:
- Rakeback: Earn money on every bet placed
- Weekly Boost: Based on the previous seven days’ wagering and VIP level
- Monthly Bonus: Calculated on wagering since the last monthly bonus
- VIP Host: Personalized service at Platinum IV level
- Reload Bonuses: Daily bonuses at higher levels
- Customized Benefits: Available for Diamond level and above
Stake provides a variety of bonuses and promotions, including:
- Casino and sports betting promotions
- Monthly bonuses
- Reload bonuses for VIP members
- Exclusive promotions for specific events or games
Stake: Slot Games
Stake.com boasts an impressive collection of over 3,000 online slot games, including a mix of video slots, classic slots, and three-reel fruit machines. Some fan-favorite titles are Sugar Rush, Blue Samurai, Chaos Crew, Gems Bonanza, Fruit Party, and Gates of Olympus.
Collaborating with top-tier game studios like Pragmatic Play, Hacksaw Gaming, and Relax Gaming, Stake.com offers slots loaded with exciting features such as multiplier wilds, random multipliers, tumbling reels, bonus spins, and progressive jackpots.
Source: Stake.com
Each game shows its RTP (Return to Player) percentage, with many exceeding 96%, ensuring a fair and thrilling gaming experience.
The slot games are neatly organized into categories like New Releases, Recommended Slots, Jackpot Slots, and Stake Exclusives. Plus, there’s a free play option for many games, so you can try them out without signing up or making a deposit.
Cryptocurrency Support
Stake supports a wide range of cryptocurrencies. Over 20 digital assets to cover users’ gambling needs. These include, but are not limited to:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Tether (USDT), USD Coin (USDC), and Binance USD (BUSD)
- Dogecoin (DOGE), Sand Coin, (SAND), and Shiba Inu (SHIB)
- Bitcoin Cash (BCH)
- Ripple (XRP)
Stake supports various networks for these cryptocurrencies, including native networks, ERC20, BSC (BEP20), Polygon, and TRC20.
Company Growth and Revenue
Stake.com’s growth has been nothing short of phenomenal. By 2022, the company reported an estimated $2.6 billion in revenue, a testament to its rapid rise in the online gambling sector.
This success isn’t confined to one region; Stake has established offices in Serbia, Australia, and Cyprus. In a strategic move, they entered the UK market in December 2021 through a partnership with TGP Europe, further cementing their international presence.
A distinctive feature of Stake’s model is its focus on cryptocurrency transactions, although it also offers fiat currency options in regions like the UK. This blend of digital and traditional currencies reflects the founders’ deep roots in cryptocurrency.
Founders and Management
Edward Craven and Bijan Tehrani are the brains behind Stake.com. Their journey into the online gambling arena began in 2013 with Primedice, a pioneering cryptocurrency-based dice game. Three years later, they established Easygo in 2016, a company dedicated to developing online casino games. These ventures were the stepping stones to the game-changing platform Stake.com.
While Craven and Tehrani are the directors behind Stake, the day-to-day operations are managed by CEO Mladen Vučković. Under Vučković’s leadership, Stake continues to innovate and expand, maintaining its competitive edge in the online gambling market.
In 2022, Craven and Tehrani expanded their entrepreneurial horizon by launching Kick, a live-streaming platform designed to compete with Amazon’s Twitch. Offering content creators a more favorable revenue split of 95-5%, Kick is attracting a new wave of users and creators into their ecosystem.
Closing Thoughts – Stake.com
Stake.com’s meteoric rise in the online gambling industry is a testament to its innovative approach and strategic growth. It has become a significant player in the global betting market by embracing cryptocurrency transactions and forging high-profile partnerships.
The platform’s impressive revenue and continuous expansion underscore its significant impact on the evolving landscape of online gambling and entertainment.
