Stake is a cryptocurrency-based online casino operated by Medium Rare N.V., established in 2017. The platform offers over 3,000 games, supports 25+ cryptocurrencies, and provides instant withdrawal processing for crypto transactions.
Stake Casino has established itself as a leading cryptocurrency-focused gaming platform since its 2017 launch. Operating exclusively with digital currencies, the casino processes over $2.6 billion in annual revenue as of 2022, serving a global player base through its Curaçao-licensed operation. The platform distinguishes itself through instant withdrawal processing, an extensive game library exceeding 3,000 titles, and a unique approach to player rewards through its rakeback system rather than traditional welcome bonuses.
The casino's infrastructure supports transactions in more than 25 cryptocurrencies, eliminating traditional banking delays and offering enhanced privacy for players. With staff distributed across offices in Serbia, Australia, and Cyprus, Stake maintains round-the-clock operations and multilingual support covering 12 languages. The platform has expanded its reach through strategic partnerships, including a 2021 expansion to the United Kingdom and the 2022 launch of Stake.us for U.S. residents.
Understanding Stake Casino requires examining its position within the cryptocurrency gaming sector and how it differentiates from traditional online casinos. Unlike conventional platforms that process fiat currency deposits and withdrawals through banks and payment processors, Stake operates entirely within the cryptocurrency ecosystem. This fundamental difference affects everything from transaction speed to regulatory compliance and player anonymity.
The platform emerged during a period when cryptocurrency adoption was accelerating, and online gaming operators were exploring blockchain technology's potential. By focusing exclusively on crypto payments, Stake eliminated the friction points that plague traditional online casinos, including withdrawal delays, payment processor fees, and geographic banking restrictions. This strategic decision positioned the casino to serve a tech-savvy demographic comfortable with digital asset management.
Stake Casino's game library exceeds 3,000 titles, sourced from over 30 software providers alongside proprietary games developed in-house. The platform emphasizes slot games, which constitute the majority of its offerings, while maintaining smaller but curated selections of table games and live dealer experiences.
The slot collection represents Stake's primary strength, featuring titles from industry-leading providers including Pragmatic Play, Evolution Gaming, Betsoft Gaming, Thunderkick, and Relax Gaming. The platform maintains an average return-to-player percentage of 96.89% across its game portfolio. Players can filter games by provider, volatility, theme, and features, facilitating navigation through the extensive catalog.
Stake's promotional calendar includes provider-specific campaigns such as Pragmatic Drops and Wins, which add tournament-style competition layers to standard slot gameplay. The platform updates its game selection regularly, adding new releases within days of their market debut.
Leveraging the founders' background in game development through their Easygo company, Stake offers proprietary titles unavailable on competing platforms. These original games include variations on dice, mines, plinko, and other provably fair games where players can verify outcome randomness through cryptographic methods. The provably fair system allows players to check the integrity of each game round using hash functions and seed values.
While Stake's table game selection is smaller compared to its slot offerings, the platform provides essential variants of blackjack, roulette, baccarat, and craps. The live dealer section features real-time video streams with professional dealers, powered primarily by Evolution Gaming's infrastructure. Live game options include standard table games plus game show formats like Crazy Time, Monopoly Live, and other interactive experiences.
The live dealer catalog represents a comparative weakness in Stake's offering, with fewer tables and game variants than specialized live casino platforms. Players seeking extensive live dealer variety may find the selection limited, though the available games maintain high production quality and professional dealing standards.
Stake's exclusive focus on cryptocurrency payments defines its operational model and user experience. The platform supports over 25 different digital currencies, including major options like Bitcoin, Ethereum, Litecoin, and numerous altcoins. This multi-currency approach allows players to maintain their preferred cryptocurrency holdings while gaming.
Deposits occur through blockchain transactions sent to unique wallet addresses generated for each player account. The platform credits accounts after receiving blockchain confirmations, with timing varying by cryptocurrency. Bitcoin deposits typically require 2-3 confirmations, while faster networks like Litecoin may need only 1-2 confirmations. The entire deposit process usually completes within 10-30 minutes depending on network congestion and the specific cryptocurrency used.
Stake does not impose minimum deposit requirements beyond the practical limitations of blockchain transaction fees. Players can deposit amounts as small as their chosen cryptocurrency's transaction costs allow, providing flexibility for casual players and high rollers alike.
Instant withdrawals represent one of Stake's most significant competitive advantages. Once players request a withdrawal, the platform processes it immediately without pending periods or manual review delays common at traditional online casinos. Funds leave Stake's hot wallets and enter the blockchain within minutes of withdrawal requests.
The actual time until players receive funds depends on blockchain confirmation speeds rather than casino processing. This system eliminates the multi-day withdrawal windows that frustrate players at conventional online casinos. However, players must maintain adequate cryptocurrency wallet infrastructure to receive and manage their winnings.
Stake operates under a Curaçao online casino license, exclusively processing transactions through cryptocurrency payments. The platform was co-founded by Ed Craven and Bijan Tehrani, who initially established Easygo in 2016 to develop games for online casinos before launching Stake in 2017.
The casino features a multi-tiered structure including traditional casino games, live dealer streams, sports betting, and proprietary game titles. Players access the platform through web browsers on desktop and mobile devices, with dedicated apps available including a recent Apple Vision Pro application released in December 2024.
Stake Casino diverges from industry norms by not offering a traditional welcome bonus prominently displayed on its homepage. Instead, the platform operates a rakeback system through its VIP program, providing ongoing value rather than front-loaded promotional offers.
The 5% rakeback offer returns a portion of wagered amounts to players regardless of win or loss outcomes. This system rewards consistent play rather than incentivizing large initial deposits. Players access rakeback details through the VIP section of their account dashboard rather than through promotional banners or landing pages.
Rakeback accumulates based on total wagering volume and gets distributed according to VIP tier status. Higher VIP levels unlock increased rakeback percentages and additional benefits. This structure favors regular players over one-time visitors, aligning with Stake's retention-focused business model.
Beyond rakeback, Stake operates recurring promotional campaigns including a $75,000 weekly raffle and $100,000 race competitions. These promotions create additional value layers for active players without requiring opt-in bonuses with restrictive wagering requirements. The raffle system awards entries based on wagering activity, while races rank players by performance metrics during specified timeframes.
Operating under a Curaçao gaming license, Stake maintains regulatory compliance within one of the online gambling industry's established jurisdictions. The Curaçao license permits international operations while imposing operational standards and player protection requirements.
Stake implements standard security protocols including SSL encryption for data transmission and two-factor authentication for account access. The platform stores the majority of cryptocurrency holdings in cold wallets isolated from internet connectivity, reducing exposure to hacking attempts.
In September 2023, Stake experienced a security breach resulting in over $41 million stolen from one of its Ethereum hot wallets. The FBI attributed the attack to North Korea's Lazarus Group. Following the incident, Stake reinforced security measures and compensated affected operations, though the event highlighted vulnerabilities inherent in cryptocurrency custody.
The platform provides responsible gaming tools including deposit limits, loss limits, and self-exclusion options. Players can set daily, weekly, or monthly restrictions on their gambling activity through account settings. The casino also maintains links to problem gambling support organizations and resources.
Stake operates as a web-based platform accessible through mobile browsers on iOS and Android devices. The responsive design adapts to various screen sizes without requiring dedicated app downloads for most users. In December 2024, Stake became the first online casino to release an application for Apple Vision Pro, exploring spatial computing interfaces for gambling.
The mobile experience maintains full functionality including game access, account management, deposits, and withdrawals. Navigation simplifies for touchscreen interaction, and games load with mobile-optimized graphics and controls. Players can switch between devices seamlessly, with account states synchronizing across platforms.
Stake provides customer support through live chat and email channels, operating 24/7 to serve its international player base. The live chat system connects players with support representatives typically within minutes, addressing common questions about deposits, withdrawals, game rules, and account issues.
The platform maintains an FAQ section covering standard topics, though some users report difficulty locating specific information about bonus terms and promotional details. Support quality receives generally positive feedback, with representatives demonstrating knowledge of cryptocurrency transactions and platform-specific features.
Stake has invested heavily in high-profile sponsorships to build brand recognition. The casino sponsors Drake, the Stake F1 Team, UFC, Everton Football Club, Esporte Clube Juventude, and FBC Melgar. These partnerships place Stake branding in front of massive audiences across music, motorsports, mixed martial arts, and football.
The aggressive marketing approach has generated controversy, particularly regarding advertising standards and the promotion of gambling to young audiences. In February 2025, Stake announced it would surrender its UK gambling license and close UK operations by March 11, 2025, following complaints about a social media advertisement featuring adult content creator Bonnie Blue that critics argued used sexual content to attract young customers.
Stake Casino excels in specific areas while presenting limitations that may affect certain player segments. The instant withdrawal system and extensive cryptocurrency support create exceptional convenience for crypto-native users. The large slot selection and original games provide variety, while the rakeback system offers transparent, ongoing value without complex bonus terms.
However, the platform's limitations include the absence of traditional payment methods, which excludes players uncomfortable with cryptocurrency. The smaller live dealer selection may disappoint players who prioritize that game category. The lack of prominent welcome bonus information can confuse new players expecting standard promotional offers. Additionally, the cryptocurrency-only model exposes players to digital asset volatility and requires technical knowledge of wallet management.
Stake Casino represents a mature cryptocurrency gaming platform that has successfully carved a niche within the online gambling industry. Its exclusive focus on crypto payments enables operational efficiencies that translate to instant withdrawals and reduced transaction friction. The extensive game library, particularly in slots, provides sufficient variety for most players, while original games add unique value propositions.
The platform suits cryptocurrency-comfortable players who prioritize withdrawal speed and appreciate rakeback rewards over traditional bonuses. The security incident in 2023 and regulatory challenges including the UK market exit demonstrate ongoing risks in the crypto gambling sector. Players considering Stake should evaluate their comfort with cryptocurrency management, assess whether the game selection matches their preferences, and understand the platform's regulatory positioning in their jurisdiction.
For crypto-native gamblers seeking a established platform with proven operational history, Stake offers a compelling option. Traditional online casino players expecting fiat currency options and conventional bonus structures should look elsewhere. The platform's continued evolution, including ventures into emerging technologies like spatial computing, suggests ongoing adaptation to market trends and player preferences.
No, Stake operates exclusively with cryptocurrencies and does not accept fiat currency deposits through credit cards, bank transfers, or e-wallets. Players must use one of the 25+ supported cryptocurrencies to fund their accounts.
Stake processes withdrawals instantly without pending periods. Once requested, funds enter the blockchain immediately, with total receipt time depending on the specific cryptocurrency's confirmation speed, typically 10-30 minutes.
Stake offers a 5% rakeback system through its VIP program, returning a portion of total wagered amounts to players regardless of wins or losses. Rakeback percentages increase with higher VIP tiers based on wagering volume.
Yes, Stake operates under a Curaçao online casino license held by Medium Rare N.V. The platform is not licensed in all jurisdictions and has exited certain markets including the United Kingdom as of March 2025.
In September 2023, hackers stole over $41 million from one of Stake's Ethereum hot wallets. The FBI attributed the attack to North Korea's Lazarus Group. Stake reinforced security measures following the incident and maintained operations.
Stake primarily operates as a real-money casino requiring cryptocurrency deposits. While some platforms offer demo modes, Stake's model focuses on real-money wagering with its rakeback and promotional systems designed for active players.
Stake partners with over 30 software providers including Evolution Gaming, Pragmatic Play, Betsoft Gaming, Thunderkick, and Relax Gaming. The platform also offers proprietary games developed in-house with provably fair technology.
Stake announced in February 2025 that it would surrender its UK gambling license and close UK operations by March 11, 2025, following regulatory complaints about advertising practices that allegedly used inappropriate content to attract young customers.
Stake maintains high-profile partnerships across entertainment and sports to build global brand recognition and reach diverse audiences.
Explore over 3,000 slot games from 30+ providers with instant crypto payouts and provably fair mechanics. Features titles from Pragmatic Play, Evolution Gaming, and exclusive Stake originals.
Real-time casino action with professional dealers streaming blackjack, roulette, baccarat, and game show formats powered by Evolution Gaming infrastructure.
Stake Casino closed its UK operations and surrendered its gambling license after complaints regarding advertising practices involving inappropriate content.
Stake became the first online casino to release an application for Apple Vision Pro, introducing spatial computing interfaces for gambling experiences.
The Federal Bureau of Investigation confirmed that North Korea's Lazarus Group was responsible for stealing over $41 million from Stake's Ethereum wallet.