Stake.com expands weekly giveaway prize pool to $75,000

Entry into the giveaway raffle requires a $1,000 wager

Stake.com, the popular crypto online betting platform, has boosted its weekly giveaway promotion to an impressive $75,000. Customers now have the opportunity to share in this substantial prize pool, up from the previous $50,000 offering. 

Engaging in the Weekly Giveaway is straightforward. A $1,000 wager qualifies for one entry into the raffle. Tickets can be obtained through both sportsbook and casino bets. Unique numbers for each entry can be tracked through the VIP section of the user's profile.

The draw is broadcast live through the provided link, with winners receiving Bitcoin-based prizes. Avoiding bets between 2 pm and 3 pm GMT on Saturdays is crucial, as this period marks the transition to the following week's offer.

There is no cap on ticket acquisition, giving high rollers a strategic advantage. A $75,000 prize pool is divided among 15 winners weekly, determined fairly through Google's random number generator.

For interested participants, Stake.com also provides two bonus codes that can heighten the experience. Users can leverage the “STRAFECASVIP” code for casino games and the “STRAFESPOVIP” code for sports betting.

Stake.com seamlessly blends casino and sports betting offerings, delivering a diverse experience. The platform offers an array of casino games, including slots, jackpots, and Stake Originals. The site offers a broad selection of sports markets, catering to both traditional and esports enthusiasts. 

The platform's transparency, backed by Curacao eGaming and the Crypto Gambling Foundation, enhances trust, while the inclusion of various cryptocurrencies and efficient customer support further solidify its appeal.

At the same time, Stake.com may soon become a regulated betting choice in the US. Stake.com’s CEO Ed Craven recently discussed that the company is planning a significant entry into the regulated US market through a major acquisition or merger. 

Later on, it was revealed that Stake.com may be eyeing Rush Street Interactive (RSI) as a potential candidate for a merger or acquisition. RSI, valued at $699.1m, aligns well with Stake.com's requirements, operating across various US states, and possessing online casino licenses that Stake.com finds appealing. 

Stake.com is also actively pursuing expansion into Australia‘s regulated Northern Territory market. The firm applied for a bookmaking license in July. Stake.com's founders, Edward Craven and Bijan Tehrani, are reportedly in the midst of the licensing process, seeking to enter a competitive market that includes established players like Sportsbet, Pointsbet, Tabcorp, and Ladbrokes. 

The company is also pursuing an iGaming license in Ontario, Canada.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by Silvia Pavlof

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