Stake Review 2025: A Look at This Crypto Betting Platform

Stake

200% up to $3,000 Welcome Bonus

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Overall 4.5/5
Registration Process on Stake 4
Stake Welcome Bonus and Promotions 4
Sports Betting Options on Stake 5
Stake Casino and Virtuals Section 4
User Interface & Mobile Experience 4
Deposits & Withdrawals 5
  • Live Betting
  • Cashout
  • Save Bet
  • eSport
  • Request a bet
  • Live Casino
  • Create a bet
  • Live Broadcast
  • Inflated Odds
  • Betting Exchange
  • Early withdrawal
  • Casino

Stake betting site has built a large global audience since launching in 2017, and after testing it in Nigeria, we can see why. Easy navigation, 30+ sports betting options, 5,000+ casino titles and full esports options are just some of the features that make the platform standout.

Nigerian players can bet with Naira or choose from over 20 crypto coins, and new users can claim a welcome bonus worth up to $3,000 by registering with our exclusive bonus code SOC100.

In this Stake review, we’ll break down how this online betting site performs in 2025 for Nigerians who want a smooth, crypto-friendly experience. Since it's among the best betting sites in the world, we'll give it our rating.

last update 04-12-2025
13 min reading

Pros and Cons

Advantages
  • Withdraw bonuses without wagering
  • Zero balance allowed: Start playing casino games with 0.00 Naira.
  • Supports 20+ cryptocurrencies, including, BTC, ETH, LTC, USDT, XRP, DOGE, TRX, and BNB.
  • Naira betting available
  • Free live streaming available on select sports and leagues (Ligue 1, MLS, Carabao Cup, NBA, NFL etc.)
  • Massive Game Library – Over 5,000 Titles
  • High Rollers Section – Copy Big Bets
  • Lightning-Fast Crypto Transactions
Disadvantages
  • Limited availability of Nigerian customer service channels
  • No native Android app

Registration Process on Stake

4.5/5

Signing up on Stake is simple and takes almost no time. All you need to get started is a username, email, password, and date of birth. The whole process works smoothly on both desktop and mobile, so it feels quick no matter what device you're using.

Overall, it’s a fast, low-effort registration process that makes it easy to get up and running right away.

Here's how you can register on Stake:

Stake Review 2025: A Look at This Crypto Betting Platform
Step 1

Go to the official Stake.com website and tap the “Register” button on the homepage's upper-right corner.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 2

Enter your email, username, password, and date of birth. Tap the ”Referral Code” box and enter our exclusive code: SOC100 to enable you claim the maximum Stake welcome bonus.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 3

Accept the terms and conditions. Note: you must be 18 years and above to open an account per Stake's terms and privacy policy.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 4

Select “Create an Account”. Your account is created instantly without any extended procedures or waiting periods. You can now enjoy the site.

Pro tip: To expedite the registration process, you can choose to sign up using your Google, Facebook, or Apple account.

SIGN UP WITH STAKE

KYC and Verification

Stake lets you sign up and look around the site without any verification. But if you want to start playing, you need to do an identity check. This means that it complies with international standards under Curacao eGaming regulations.

The verification process is split into levels, and each level requires different documents.

You can complete KYC with documents that confirm your identity, address, and source of funds. Stake accepts several options for each category (KYC level 1 to KYC level 4).

Accepted Documents:

For identity verification (Level 2), you can submit one of the following:

  • International Passport
  • National ID Card
  • Driver’s License

For address verification (Level 3), submitted documents must show your full name, address, issuing entity, and date, and be issued within the last 6 months:

  • Utility Bill
  • Bank Statement
  • Tenancy Agreement
  • Tax Returns
  • Letter from Employer or School
  • Bank Reference Letter

For the source of funds (Level 4), Stake requests this if you make large deposits or high withdrawals. Accepted documents include:

  • Bank Statements
  • Paychecks / Salary Slips
  • Tax Returns
  • Investment Statements
  • Gifts or Inheritance Documentation
  • And 6 other documents

Tip: To avoid delays or rejection, it’s best to upload photos or PDFs, since screenshots are not accepted. Make sure documents are clear and readable. Ensure at least six months of validity is left on your ID. Also, your name and address must match the information in your Stake account.

Steps to Complete Your Stake.com Verification

Follow this guide to see how to do a KYC verification at Stake in Nigeria:

Stake Review 2025: A Look at This Crypto Betting Platform
Step 1

Log in to your Stake account.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 2

Go to Settings. Simply click on your profile icon and then choose ‘Settings.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 3

Click on Verification right in the middle of the screen.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 4

Complete Level 1 by filling out your personal details.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 6

Upload your ID for Level 2.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 7

Submit proof of address for Level 3.

Stake Review 2025: A Look at This Crypto Betting Platform
Step 8

Upload your source of funds documents for Level 4, if requested.

Step 9

Wait for Stake to review your information.

Qualifications:

18 years old is the minimum age.

Crypto Wallet Optional but Suggested:

You can register for Stake without a crypto wallet initially, but you will need one later to deposit funds into your account. You can also deposit in Naira using OPay, if you’re not comfortable with Crypto.

Stake Welcome Bonus and Promotions

4.8/5

Stake doesn’t use the typical first-deposit bonus you see on many betting sites. Instead, it focuses on ongoing promotions, cashback, and event-based offers that run throughout the year.

However, new players who join with our Stake promo code SOC100 can claim an exclusive Stake bonus with extra benefits.

Stake review: Stake.com promotions

For sports bettors, Stake has one of the strongest promo lineups in the crypto betting space. Many offers trigger automatically while you bet, which means no confusing terms or complicated steps to opt in.

Stake Welcome Offer

Stake doesn’t offer the traditional first-deposit bonus you see on most betting sites. Instead, new players get ongoing rewards from day one, mainly through rake back, cashback, and the VIP system.

But, if you sign up using our exclusive promo code, SOC100, you’ll get a 200% welcome bonus of up to $3,000 on your first deposit. There’s a 30-day timeframe to wager it. Also, you need to deposit at least $10 before you can get the welcome offer.

This style of welcome offer is simple, transparent, and better suited for players who prefer long-term rewards over a one-time deposit bonus.

GET STAKE WELCOME BONUS

Additional Promotions

Beyond the welcome bonus, Stake runs a steady rotation of sports promos that give players, especially those who love betting on the EPL, extra value through early payouts, insurance, and prize pools.

Here are the top offers most bettors will want to know about:

  • Champions League – Bad Beat Insurance: If your team is leading at the 80th minute but ends up losing, Stake refunds your bet. Great for high-stakes Champions League matches where late goals are common.
  • Premier League – 2 Goal Lead Payout: Win your 1×2 bet if your team goes two goals up at any point, even if they fail to win the match. Exclusive to EPL matches and requires a $5 stake to qualify, with payouts capped at $100 (or Naira equivalent).
  • Everton – Prize Pool: Earn a share of the $25,000 prize pool whenever Everton wins by 2+ goals. A fun promo tied to Stake’s official club partnership.
  • NFL – 3rd Quarter Payout: If your team leads by 7+ points at the end of the 3rd quarter, Stake settles your bet as a win.
  • NBA – Half-Time Payout: If your team leads by 12+ points at half-time, your bet is settled as a winner, no matter what happens next.

Stake VIP & Cashback Program

The real benefit of using this platform is its VIP program. As you play, you will gain access to daily, weekly, and monthly perks that reward your active participation.

The VIP program at Stake online site offers benefits such as instant rakeback and cashback on losses, personalised reloads, and a personal VIP manager at higher levels.

The system operates through genuine engagement and loyalty rather than complex terminology and implicit conditions.

Sports Betting Options on Stake

5/5

Stake.com offers a lot of betting markets, and it stands right next to BC.Game, 22Bet, Betano, and other popular Nigerian sportsbooks. Also, this betting site provides a global sportsbook platform that includes 35 sports, 13 esports, and 3 racing betting options.

Stake online sports betting options.

Stake’s sportsbook is easy to use and works really well for Nigerian bettors. While the bookmaker no longer covers NPFL games, Nigerian players can still wager on favourites like the AFCON, Champions League, Premier League, NBA, and UFC.

Gamers are also well catered for with a solid esports section for games like CS2 and League of Legends.

Everything loads quickly, and the layout makes it simple to find the matches you want.

From our testing, Stake football betting odds are very competitive, and Asian handicaps are often about 0.1 higher than what we see on other high-odds sites like BetKing. Live betting updates fast, with a variety options available in-play, and the Stake cash-out feature is quite effective both for pre-match and live bets.

Even on regular mobile data, the site runs without issues, which is great for Nigerian users with limited connectivity.

Top Sports Categories on Stake:

Stake Football Betting Markets

Stake offers all the football markets Nigerian bettors expect, plus a few advanced options for experienced players. Here’s what you can bet on:

  • 1X2 (Match Result) – Home win, draw, or away win.
  • Double Chance – Cover two outcomes with one bet.
  • Over/Under Goals – Predict the total number of goals in the match.
  • Asian & European Handicaps – Great for balancing one-sided fixtures.
  • Correct Score – Try to predict the exact final score.
  • Half-Time/Full-Time – Choose how both halves will play out.
  • Draw No Bet – A safe option that refunds your stake if the match ends in a draw.
  • Goalscorer Markets – First, last, or anytime scorer.
  • Both Teams to Score – Whether both sides find the net.
  • Player Specials – Shots, assists, tackles, cards, and more.
  • Multibets & Bet Builder – Combine markets to create custom slips.

Stake Live Betting and Odds Updates

Stake’s live betting feels quicker and more responsive than many local sportsbooks we’ve tested.

During our review, we placed in-play bets on Premier League and Champions League matches and saw the odds update immediately after key moments such as corners, red cards, or goals.

Cash out was available every time we checked, which gives you control to secure a win or limit a loss depending on the game state. That’s not always the case on sites like SportyBet where cash out gets locked without warning.

Stake.com also offers live streaming on selected leagues like Ligue 1 and MLS, along with cup games such as the Carabao Cup. You can watch these matches at no cost, and all you need is an active account to access the streams.

During live matches, you can see a full pitch map showing which team is attacking, a moment-by-moment momentum graph, live stats like shots, corners, fouls, and cards, plus quick access to different betting markets, all on one screen.

Stake Casino and Virtuals Section

4/5

There are over 5,000 games on this iGaming site. This includes provably fair games, live dealer tables, premium slots, and exclusive Stake Originals.

Its Bitcoin casino is equally big. Also, all games allow for quick and safe Bitcoin and Naira deposits and withdrawals, and users are free to wager.

Stake casino betting

Unlike traditional casinos, the Stake casino game catalog features a lot of dynamic, high-RTP content suitable for both desktop and mobile players.

The entire system is optimized for low latency, fast animations, and real-time interactions with progressive jackpots and live dealers (HTML5 tech supported).

Available Games:

These are the most popular games at the time of writing this Stake review:

Game Name RTP Provider
Wanted Dead or a Wild 96.38% Hacksaw Gaming
Donny & Danny 96.26% Hacksaw Gaming
Sugar Rush 1000 96.50% Pragmatic Play
Sweet Bonanza 1000 96.51% Pragmatic Play
Gates of Olympus 1000 96.50% Pragmatic Play
Gates of Eddie Super Button 96.00% Stake Exclusive / Sexy Rabbit
Super Gummy Strike 96.06% Pragmatic Play
Le Santa 96.30% Hacksaw Gaming

Stake Originals & Exclusives

There are 29 titles in this section. Here are the most popular ones:

  • Dice
  • Plinko
  • Crash
  • Mines
  • Keno

Virtual Sports (3/5 coverage)

Stake does not heavily focus on virtual sports but offers occasional access through slot-style games or simulation bets.

Game Providers:

  • Pragmatic Play
  • Evolution Gaming
  • Hacksaw Gaming
  • Push Gaming
  • BGaming
  • Stake Originals

Betting Limits:

  • Minimum Stake: As low as 0.00 Naira
  • Maximum Payouts: Up to 2 Billion Naira or more, depending on the game and the currency used.
  • Customizable Bet Sizes: Ideal for both micro-stakes and high rollers.

User Interface & Mobile Experience

4/5

The Stake.com online site offers a straightforward, modern platform designed to be quick and easy to use.

We were pleased to discover that the website works like a native app, especially on mobile devices, so Android users can enjoy the same experience even though there isn't a dedicated Android app or APK.

For iOS users, however, the Stake app, downloadable from the App Store offers the same, intuitive experience as the mobile site, so you won't miss a thing by betting from your phone.

We downloaded the app on an iPhone 11 and found that the dark mode, which is activated by default, and the clean structure, with clearly labelled menus make it simple to move between the sportsbook, casino, and promotions.

While testing on mobile, we discovered that all key features, including live streaming, live chat, game filters, casino gaming and wallet access, are always available. These features run without latency or performance problems on both iOS and Android, adjusting well even in areas with slow internet connections.

Fast in-play betting, smooth functionality across all devices, and quick Naira and crypto withdrawals are all advantages for mobile bettors.

Note: All promotions for mobile users are the same as for desktop users.

Desktop vs Mobile:

Feature App Experience Mobile Browser Experience
Speed Quick, optimally optimised scrolling. Quick, optimally optimised scrolling.
Ideal Use Real-time Real-time, mobile wagering
Functionality Support cryptocurrencies, Naira payments, and access to complete sportsbooks Full feature parity

Deposits & Withdrawals

5/5

As one of the earliest betting sites to offer crypto options to local punters, Stake in Nigeria occupies a prominent niche. Users can utilise over 20 cryptocurrencies like Bitcoin, Ethereum, Tether (USDT), Litecoin, and others to make deposits and withdrawals.

However, the platform now also caters to non-crypto bettors with Naira payments now possible with three gateways: OPay, Skrill and direct bank transfer options.

All three local payment methods are fully integrated in the platform, so you can deposit without actually leaving the app or mobile site. This results in faster transaction speeds, and zero limitations.

Deposits are usually confirmed in five minutes or less, depending on network load. Withdrawals happen almost as quickly, both for Naira (OPay) and crypto withdrawals.

However, bank transfers can take up to 3 business days to be processed. If it takes longer, then make sure to reach out to the customer support team for resolution.

DEPOSITING TABLE

Method Min. Deposit (₦) Max. Deposit (₦) Processing Time
OPay 1,000 7,000,000 Instant
Skrill 2,000 7,000,000 Instant
Bank Transfer 1,000 7,000,000 Instant

Note: Stake.com does not have a minimum or maximum deposit limit for any cryptocurrency.

WITHDRAWAL TABLE

Currencies Min. Withdrawal Withdrawal Fee Processing Time
USDT 2.50000000 1.00000000 Instant
Bitcoin 0.00002504 0.00001571 Instant
Ethereum  0.00062610 0.00067447 Instant
Dogecoin 5.49925970 0.52151198 Instant
USDC 2.50000000 1.00000000 Instant
BNB 0.00335730 0.00002542 Instant
Litecoin 0.01857329 0.00013800 Instant
Tron 7.82408913 0.07336170 Instant
Naira (OPay) 1,000 None Instant

Note: There are no restrictions on the maximum withdrawal amount for crypto. You can withdraw as much money as you have available in your account.

Stake Customer Service

4.5/5

When we tested Stake’s support, the live chat was impressively fast. We got connected to an agent in under a minute, and the responses were clear and helpful. It’s definitely the best option if you need quick assistance with payments, bonuses, or account issues.

We also tried email support to ask about downloading the mobile app, and were pleasantly surprised to receive a reply in under 5 minutes. That’s far quicker than what we usually get from sites like 1xBet, where email responses often take hours.

The agent gave clear guidance and shared an official download link so we could avoid any fake apps.

Email interaction between Soccernet team and Stake customer support.

Stake doesn’t offer phone support, which might bother some users, but the platform makes up for it with a solid Help Centre, active community forums, and regular updates in their Telegram groups.

Overall, support feels reliable and well-equipped to handle both crypto and regular betting questions.

Should You Use Stake in 2025?

As of 2025, Stake remains one of the world's most innovative cryptocurrency sportsbooks and casinos.

Although Stake.com Nigeria is not a local bookmaker like Bet9ja, its deep betting markets, quick payouts, and global reach make it an excellent choice for experienced players who are comfortable with cryptocurrencies.

What makes it even better for many Nigerians is that the platform now supports Naira payments, extending their world-class offerings to non-crypto bettors and making the platform one of the best hybrid betting sites around.

The site is ideal for players seeking speed, transparency, and comprehensive odds coverage in both established sports and emerging markets, such as eSports or bitcoin crash games.

Football bettors seeking the top range for Asian handicaps will also be well served by the Stake online betting site.

Our Verdict: Is Stake the Best Sports Betting Site?

After five days of analysis and testing, we can say you've just read the review of the best betting site for cryptocurrency bettors in Nigeria. Quick and reliable crypto payment methods are paired with a variety of sports markets, high betting odds, a safe betting environment and exclusive in-house games with provably fair mechanisms.

Without any restrictions imposed by traditional payment systems, users in Nigeria enjoy a rewarding betting experience. If you're looking for a cryptocurrency-focused platform that prioritises speed, reliability, and innovation, Stake is one of the most reliable options for Nigerians today.

It's no surprise we've rated this bookmaker a solid 4.5 out of 5 in this Stake.com review.

Feature Stake Bet9ja SportyBet
Live Betting Experience ✅ Excellent ✅ Excellent ✅ Good
Casino Options Extensive (Crypto + Live) Moderate Basic
Crypto Payment Support ✅Yes ❌No ❌No
Local Payment Support ✅Yes ✅Yes ✅Yes
Mobile App ✅ App + Web ✅ App + Web ✅ App + Web
Fast Withdrawals ✅ 1-15 mins ✅5 mins-24 hrs ✅ Instant (some)
Privacy & Anonymity ✅ Full (Crypto) ❌ Limited ❌ Limited

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FAQs

Stake.com is a trustworthy and well-known betting website worldwide and is fully licensed by Curaçao eGaming. The bookmaker has partnerships with well-known sports brands, including Everton FC and the UFC. Nigerian players can legally register and use the platform for sports and casino betting.

Yes. Both your crypto and Naira deposits and winnings are 100% safe on the platform. Until you choose to withdraw or wager with it, your funds stay in your cryptocurrency or fiat wallet. Every transaction is encrypted. Blockchain technology enhances the system's dependability and transparency.

As shown in this Stake review, withdrawals are processed rapidly. Ethereum, Bitcoin, and other cryptocurrencies often take five to fifteen minutes to process. Litecoin, USDT (especially TRC20), and Naira payments are even faster, usually taking only a few minutes. There won't be any unnecessary waits after your account has been verified.

No, Stake.com is purely an online website. An internet connection is necessary for gaming, betting, Fiat and cryptocurrency transactions.

For Naira payment, the minimum deposit is 1,000 Naira. Cryptocurrencies do not have a minimum deposit limit on Stake.

You can create an account on Stake without completing KYC right away, but you will need to verify your identity to fully use the platform. Deposits, withdrawals, and higher account limits require KYC, and Stake may request additional documents if you make large transactions or trigger security checks.