Stake Review India - Casino & Betting Reviews (2024)

If you are reading this Stake review, you might have heard about Stake.com and perhaps have questions like, "Is Stake legal in India?". The short answer is, "Yes, it is". But before diving into why it's legal, let's start with a brief look at who they are. Stake is an online gambling site that was launched in 2017 with its primary focus on cryptocurrency gambling. Their platform offers both online sports betting and casino experiences.

What makes them so unique is their chat room, where users can mingle, check others' stats, trophies and race results, and even send tips in any currency available on Stake to each other. The chat room is available in many languages, including English, and there's even one dedicated to India. There is also a community forum page where you can find multiple threads and discuss more specific topics.

It sounds fun, doesn't it? But let's make sure that all their services can meet your expectations before signing up.

Stake Partnerships

Stake has partnered with various professional sports teams and even the famous Canadian rapper Drake. Being an online gambling platform gives Stake a sense of shadiness, and its strong focus on cryptocurrencies only adds to it. However, these gambling sites like Stake can also be trustworthy, which is why they form partnerships. For example, Stake and Crypto Gambling Foundation (CGF) are partners. CGF promotes the concept called Provably Fair and aims to change the perception of the online gambling industry.

Stake Betting Review

Stake allows betting on 35+ sports from India, including the popular cricket leagues, NBA, UFC, English Premier League, etc. Like many other top betting sites in India, Stake offers multiple betting features, such as live betting, pre-match odds and live-streaming of matches.

Cricket's Indian Premier League is one of the most important betting events for many Indian users, and it is indeed covered at Stake. To determine the overall standard, let's have a look at their IPL betting markets and IPL match odds. A solid selection of 48+ markets for IPL matches allows users to bet on various unique events during the games, categorised into the Main, Innings, Overs, Players and Specials sections.

Betting margins are another important factor to consider when comparing odds, as they're basically the fees that bookies charge their punters for placing bets. We tested and found that Stake's odds show an average margin of 4.80%, which is decently low even among India's best betting apps. Low margins like this can tell that Stake offers relatively high odds beneficial to users.

Stake Casino Review

Evaluating the quality of casinos may be difficult given that there are too many casinos in the market, and many offer the same games from the same game studios. However, after checking several factors, we would like to say Stake is undoubtedly one of the best online casinos for Indian users for many reasons. Let's see what kind of games they have to begin with.

Stake's game portfolio contains 3000+ games from the top game providers, such as Pragmatic Play, Evlution, Hackaw Gaming, Nolimit City, Play'n Go, etc. They have also developed Stake original games in various genres. There are titles like Mines, Plinko, Dice, Limbo, and Crash, as well as other table games, so you will surely find something that interests you regardless of whether you're a slot devotee, table tapper or more into the new genre of crash games.

You will also find games that are only available at Stake in their Stake Exclusives section. Some of the exclusives are further categorised into the Enhanced RTP section. They're chiefly slot games that have relatively high RTPs. We checked those allegedly high-paying slots and observed their average house edge is merely 2%. This means the games have RTPs of 98%, which is surprisingly high for slots, as slots payout in the ballpark of 93 - 95% in general.

Stake has also developed its original games, which you can find in the Stake Originals section. From Mines to Baccarat, you can try various games in popular genres with unique features. Stake's Plinko is one of the most popular games for its easiness and high RTP of 99%. Although it's the only plinko game available on the platform, Stake is one of the best plinko apps for its features to change the risk levels, the number of rows and transparency.

Stake.com India Promotions

Stake caters to casino and sports enthusiasts' needs and continuously holds rewarding promotions. Some are dedicated to casino games, whilst others are more for sports betting. You can always join the daily races and weekly raffles by simply wagering and playing there, regardless of your preference. For the Daily Races, Stake gives away a total of $100,000 every 24 hours to the top 5,000 players.

Stake IPL Promotions

Cricket must be of great interest to many Indian bettors. In 2024, Stake has had at least a few promotions for IPL betting. On their IPL predictor competition promotion, they gave all eligible users the opportunity to win a grand prize of ₹1,00,00,000 and a weekly prize of ₹5,000 just by making predictions for each IPL game.

Stake vs Eddie

With this promotion, you can compete against Eddie each week to win a share of $30,000. Ed Craven, aka Eddie, is a co-founder of Stake and the rising live-streaming platform Kick. Eddie will try to earn the highest multiplier possible in a different game each week. If you surpass Eddie's multiplier, you'll qualify to win part of the prize pool. The $30,000 prize will be divided among all players who beat Eddie's multiplier.

Stake Deposit

Stake doesn't impose deposit fees regardless of your currencies and payment methods. However, small fees may be incurred when transferring currencies from your crypto exchange. Depositing with cryptocurrencies is helpful for those with some cryptocurrency, but you can also purchase it through the Stake's deposit page using your credit cards. For Indian rupees, a UPI casino payment method is available. Remember to check the Stake minimum deposit to ensure your transaction goes smoothly.

Stake Withdrawal

Stake's payment system allows withdrawals in Indian rupees and all cryptocurrencies. For the Indian local currency, you can use the bank transfer option, which takes 1 - 3 banking days to transfer your withdrawn money. In contrast to the deposit system, Stake takes small withdrawal fees for cryptocurrencies.

Check out the video below for more details about withdrawing rupees at Stake.

Join the Fun at Stake India

After all this review, do you still feel like joining the fun at Stake India? We got you! Let us guide you through the account registration process.