Stake is a bookmaker that was founded in 2017. During this time, the company has established itself in the market. The bookmaker offers betting on sporting events including football, basketball, tennis, baseball, baseball, hockey and other sports. In addition, Stake offers the opportunity to bet on cyber sports, including games such as Dota 2, CS:GO, League of Legends and others.
In this article, we will tell you about the bookmaker before you choose this company to bet with.
How to start playing?
In order to bet on sports and casino and use the bookmaker's bonuses, you need to be a client. To do this, you have to either register or authorise.
Registration
To become a client of the bookmaker, click on the "Register" button. Registration will be quick and will not take you much time.
Registration takes place in several stages. You will need to provide personal data, contact details, and agree to the terms and conditions of the company.
We have told you more about registering with a bookmaker here.
Authorisation
You can log in to your account if you have previously registered on the bookmaker's platform. To do this, click on the "Sign in" button next to the registration at the top of the page.
Website
The bookmaker has designed the site to make it easy for customers to navigate. In order to switch between the sports/cybersports and casino sections, there are two blocks at the top of the page. It is convenient for customers to switch between the sections.
In the side left section on the site are presented events in the sphere of sports and cybersports for betting. In the centre of the page, the bookmaker has marked up upcoming and current events for betting. Players can navigate between views and familiarise themselves with the events. In the same section, when selecting an event, customers can familiarise themselves with the participants and odds.
Mobile site
The bookmaker has developed a mobile version of the site for customers who find it more convenient to place bets from their phones. It is simple and easy to use. Navigation and design does not differ from the full-fledged site. Therefore, customers will easily find the necessary sections and topics.
The bookmaker's mobile version is supported on the following browsers:
- Chrome;
- Firefox;
- Safari;
- Opera;
- Opera mini;
- Microsoft Edge.
Promotions and bonuses
The bookmaker has developed many bonuses for its customers. In addition to promotions for sports, the company has developed special offers for casinos.
The bookmaker offers:
- 22 bonuses for sports. Among the options available are weekly draws, gifts for winning bets, bonuses for betting on football, basketball, UFC, racing and more;
- 13 casino bonuses. Special offers include Drops&Wins bonuses, challendge, casino promotions, etc;
- VIP-club.
Application
Unfortunately, the bookmaker does not have a mobile application yet. However, in order for players to bet comfortably, they have developed a good mobile version of the site. This is the only option to bet on sports and casino from a mobile device.
Types of bets, sports and lines
The bookmaker offers a wide range of sports to bet on, as well as different types of bets and lines.
The sports that can be bet on on the online operator's platform include both the most popular and less popular events. For example, customers can choose from:
- Football;
- Basketball;
- Tennis;
- Hockey;
- Baseball;
- American football;
- Boxing;
- MMA;
- Golf;
- Water Polo;
- Volleyball;
- Combat sports;
- Snooker;
- Cybersports and others.
Among the types of bets available at the bookmaker, customers can make:
- Single bets (1X2, odds, totals, etc.);
- Express bets;
- System bets;
- Special bets (e.g. on specific events in a match or on the outcome of a tournament).
Lines at Stake can be either classic or alternative. Classic lines include bet types such as 1X2, handicaps, totals, and various bets on events in the match. Alternative lines can provide other totals values as well as other unique bet types.
Odds and margins
The bookmaker provides various odds for sporting events. Odds can be expressed in decimal, fractional or American form.
The decimal odds are the number by which a bet is multiplied to determine the possible payout. For example, if a bet on an event is $10 and the odds are 2.00, the possible payout is $20 ($10 x 2.00).
The fractional odds is a number that indicates the ratio between the possible profit and the bet. For example, if the ratio is 2/1, then the possible profit would be $2 for every dollar invested.
The American odds expresses the degree of risk and reward. If the coefficient is positive, it means that the possible profit will be greater than the bet invested. For example, if the coefficient is +200, you can get $2 profit for every dollar invested. If the coefficient is negative, it means that the invested bet will be greater than the possible profit. For example, if the odds are -200, then you need to invest $2 to make $1 profit.
Margin is the percentage that the bookmaker includes in the odds to ensure his profit. Margin can vary from event to event and can be higher or lower. To calculate the margin, you need to add up the inverse odds (1/coefficients) and subtract one. The resulting value is multiplied by 100% and gives the margin as a percentage. For example, if the odds for an event are 1.91 and 1.91, the margin will be: ((1/1.91) + (1/1.91) - 1) x 100% = 4.18%. This means that the bookmaker has included 4.18% in the odds to ensure his profit.
Payment systems
In order to place bets, gamers must make a deposit on the bookmaker's platform.
Supported currencies
For customers from Nigeria, the bookmaker accepts several currencies to choose from. Unfortunately for Nigerians, the platform does not offer the country's national currency as payment. However, players can use the euro.
Replenishment and withdrawal
The bookmaker does not support making a deposit and withdrawing winnings using a credit card. However, you can make a deposit using these alternative payment methods: PIX, Muchbetter, Vcreditos, or cryptocurrency.
Conclusion
The bookmaker Stake has a number of advantages and disadvantages. Among the pros of the bookmaker we emphasise a well-functioning website with a support service and a blog. There players can ask questions and familiarise themselves with topics of interest to solve problems. The company has a wide range of events for betting, as well as a wide list of bonuses and special offers.
From the minuses of the bookmaker we note the missing application and limited payment methods. Also, without account confirmation, you can not familiarise yourself with payment methods. Note that the bookmaker does not offer the national currency of Nigeria for payment transactions.
If you have doubts about Stake bookmaker, we recommend you to familiarise yourself with other available bookmakers in Nigeria here.
FAQ
Is Stake trustworthy?
The activity of the bookmaker's office is legal.
Does Stake have an app?
No. The bookmaker has not developed an app for customers.
Does Stake have a welcome bonus?
No. The bookmaker has a lot of promotions, however, there is no welcome bonus.