Casinos

Stake Review

Stake is the largest crypto casino by volume and one of the few operators large enough to absorb a $41 million hot-wallet hack in September 2023 without missing a payout. Founded in 2017 and operated by Medium Rare N.V. out of Curaçao, it now functions as much as a sportsbook and esports sponsor as a casino.

Stake logo
Marcus VossTested by Marcus Voss
8.3/10Researched — not personally tested

Quick facts

Founded
2017
License
Curaçao (Curaçao Gaming Authority) — OGL/2024/1451/0918
Withdrawal speed
Instant
Min. deposit
$10
Bonus
200% up to $2,000
Wagering
40x
KYC
Risk-based, no fixed threshold
Support
Live chat, Email, Discord

Supported coins & Supported blockchains

USDT networks: ERC20, TRC20, BEP20, Solana

Pros

  • Processes most crypto withdrawals near-instantly with no stated withdrawal cap for verified accounts
  • Supports 20+ cryptocurrencies including BTC, ETH, SOL, and USDT across multiple networks
  • Deep game catalogue from Pragmatic Play, Evolution, Hacksaw Gaming, and Spribe alongside in-house Originals
  • Fully covered player balances after the September 2023 $41M hot-wallet hack attributed to the Lazarus Group

Cons

  • The 2023 hack exposed hot-wallet key-management weaknesses, even though player balances went untouched
  • 40x wagering on the 200% first-deposit bonus is steeper than some rivals' 30x offers
  • Level 3 KYC can be demanded before bonus funds release, despite the crypto-first marketing
  • Blocked or restricted in a growing list of jurisdictions as regulators tighten crypto-gambling rules

Our verdict

Stake's scale and near-instant payouts make it the default choice for high-volume crash-game players, but the 2023 hack is a reminder that even the biggest operator isn't immune to hot-wallet risk — recommended for experienced players, less so for anyone uneasy with light KYC ambiguity.

Game providers

Pragmatic PlayEvolutionHacksaw GamingNolimit CitySpribe