Make the most out of your Stake Sportsbook account

Stake online sportsbook offers a diverse range of sports, leagues, and betting markets, catering to bettors of all experience levels in Korea. Whether you’re new to online sports betting sites, Stake provides an engaging platform to explore and enjoy the thrill of placing bets.

Discover what sets the Stake Sportsbook apart from other Korean sportsbooks, including answers on managing your account, understanding betting odds and navigating Stake Sportsbook terms and conditions. The site’s help center guides you through everything you need to know to enhance your sports betting experience. 

What is Stake’s Sportsbook?

Sports betting is a gambling activity involving wagering on the outcome of sporting events. You can place bets on things like the winner of a game, which team scores the most points, or how well a team did against their opponent. All of these are available at Stake Sportsbook. In addition, you can enjoy the thrill of placing bets and winning big from the comfort of your home. 

Here’s a brief list of the Stake sports betting site options:

  • Alpine Skiing
  • American Football
  • Aussie Rules
  • Baseball
  • Basketball
  • Biathlon
  • Boxing
  • Chess
  • Cross-Country
  • Cycling
  • Darts
  • Electronic Leagues
  • Floorball
  • Football
  • Formula 1
  • Futsal
  • Gaelic Football
  • Gaelic Hurling
  • Golf
  • Handball
  • Ice hockey
  • Indy Racing
  • Lacrosse
  • Motorcycle Racing
  • Motorsport
  • MMA
  • Politics & Entertainment
  • Rugby
  • Ski Jumping
  • Soccer
  • Snooker
  • Stock Car Racing
  • Tennis
  • Volleyball
  • Waterpolo

In addition to that, Stake also has exciting esports betting options, including huge games like:

Can I play Stake in Korea?

South Korea has strict gambling laws that work to protect its citizens. Stake understands this and complies with international gambling regulations. With this in mind, you’ll be glad to know that Stake is licensed in Curaçao and operates globally, including in South Korea.

How can I manage my Stake Sportsbook account?

Managing and securing your Stake sportsbook account is essential for responsible account ownership. In this section, find out more about the most important steps to protect and manage your account effectively, including how to verify your identity and enable 2FA to authenticate your account for added security. 

Verifying your identity

Once you’ve created your Stake account, it’s highly recommended that you verify your identity. Doing so will help you unlock Stake’s full features, such as withdrawals and deposits. 

To start the process, check your welcome email for a verification link. You’ll need various documents to prove your capacity as a player in the Korean online sportsbook. These include:

  • Documents for proof of address: This refers to utility bills, bank or credit card statements or bank reference letters. 
  • Proof of identity: This refers to IDs issued by the government, detailing who you are. Examples are passports, national IDs or a driver’s licence. 
  • Source of funds: These can include financial statements like your salary, sales on investments and lottery winnings. 

You’ll need to provide these and ensure they’re clean and clear so Stake’s staff can verify them. Doing so will help make the verification process much smoother.

The 2FA process

Stake offers two-factor authentication (2FA) for better account security. This adds an extra layer of protection to your account by requiring a second verification level.

To set up 2FA:

STEP 1
Download the Authy or Google Authenticator app on your smartphone or computer.
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STEP 2
Go to your Stake profile, then click the 'Settings' tab.
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STEP 3
Then, go to the 'Security' section.
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STEP 4
Scan the QR code or manually enter the provided code into your authenticator app.
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STEP 5
Enter the generated code from the app into the Stake form.
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STEP 6
Confirm your email address to activate 2FA.

With this already set up, keep your QR and generated codes private to maintain account security.

Healthy log-in and log-out habits 

To protect your personal and financial information, constantly log out of your Stake account after each use to prevent unauthorised access. Additionally, ensure you use a secure internet connection when accessing your account to minimise the risk of hacking.

How do I understand betting odds on Stake Sportsbook?

Online bookmakers use odds in various formats to indicate the likelihood of a team’s success. Stake Casino offers six types: American (Moneyline), European (Decimal), British (Fractional), Indonesian, Hong Kong, and Malaysian. Understanding these odds is crucial for informed betting. Read on to learn more about each type and how to recognise them:

American (Moneyline) odds
European (Decimal) odds
British (Fractional) odds
Indonesian odds
Hong Kong odds
Malaysian odds

These odds use plus (+) and minus (-) signs. A negative number shows how much you need to bet to win $100, while a positive number shows how much you would win on a $100 bet.

Displayed as a single number, these odds show the total return for every $1 bet, including your initial stake. The higher the number, the more likely the team is to win.

Represented as a fraction (e.g., 3/2), where the top number (numerator) is your potential profit, and the bottom number (denominators) is your stake.

Similar to American odds, but based on one unit bet. Positive numbers show how much you can win, and negative ones indicate how much you must bet to win 1 unit.

These odds show potential winnings, similar to decimal odds, but without including your original stake in total.

Like the American odds, these also use plus and minus signs, but they start at 0 for even odds.

What payment methods are accepted at Stake?

The platform wants you to pay and fund your account how you want to; that’s why it supports various payment method types like bank transfers, cryptos, credit cards, and e-wallets. Learn more about each option in the table below:

Payment method

Description

Bank Transfers

Bank transfers are traditional methods of moving money between accounts. They involve multiple security steps to protect your funds.

Cryptocurrencies

Cryptocurrency deposits use blockchain technology for secure and anonymous transactions. There's no need for intermediaries, making transfers fast and efficient.

Credit Cards

Credit cards from providers like Visa and Mastercard are widely accepted. To use a credit card, you'll need to verify your identity through the KYC process.

E-wallets

E-wallets are digital payment systems that store your financial information. They offer a convenient way to make deposits and withdrawals.

Available crypto and fiat payments

Stake is a crypto casino prides itself on offering fiat currencies and crypto payment methods. By doing so, the platform makes depositing and withdrawing funds more accessible to its members. 

See crypto and fiat currency options you can use at Stake. 

Crypto options

Stake offers fast and secure cryptocurrency betting options for your ease of mind. Below is a list of supported digital tokens:

  • Binance (BNB)
  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Tron (TRX)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Tether (USDT)
  • Dogecoin (DOGE)
  • Ripple (XRP)
  • EOS.IO (EOS)
  • USD Coin (USDC)
  • ApeCoin (APE)
  • Binance USD (BUSD)
  • Cronos (CRO)
  • DAI (DAI)
  • Chainlink (LINK)
  • Sandbox (SAND)
  • Shiba Inu (SHIB)
  • Uniswap (UNI)
  • Polygon (MATIC)

While this list includes a lot of digital tokens, they can change at different times. Knowing this, it’s best to check which tokens you can use at Stake. 

Fiat currencies

As previously mentioned, the platform also supports fiat transactions. See the list below for available options.

  • Japanese yen (JPY)
  • Euro (EUR)
  • Brazilian real (BRL) 
  • Canadian dollar (CAD)
  • Argentinian peso (ARS)
  • Chilean peso (CPL)
  • Indian rupee (INR)
  • Peruvian sol (PEN)

What are the Terms and Conditions for Stake Sports Bonuses? 

Stake Sportsbook offers bonuses and promotions like races, coupons, or reload offers. To be eligible, you must have a Stake account and agree to the promotion's terms and conditions.

All bonuses have specific rules. You must use cash before bonus funds and understand that bonuses can be withdrawn anytime. Some of the most essential points you need to know are:

  • Bonuses have expiration dates. Once expired, they cannot be used. 
  • Stake Casino can change bonus policies at any time.
  • Bonus abuse, such as creating multiple accounts to claim bonuses, is not allowed. Stake Casino can withhold or remove bonuses from players who abuse promotions.
  • Stake reserves the right to remove bonuses from inactive accounts or accounts suspected of abuse. 
  • Unused bonuses may be cancelled after a certain period. Stake Casino can also cancel any bonus at its discretion.

By accepting any Stake bonus, you automatically agree to these terms. Because of this, it’s best to give yourself some time and consider if a bonus will help you and your betting goals before opting in.

Can I set betting limits on my Stake Sportsbook account?

Healthy gambling is vital if you want to enjoy it without hassle. Part of this means setting a limit or using self-exclusion tools to ensure you don’t exceed your sports betting budget. Read this section as it guides you on how to set gambling limits at Stake Casino and the special terms and conditions.

Gambling limits

The Stake sports betting site promotes responsible gambling, so limits are offered to control your account and betting activities. To set gambling limits:

  • Find the ‘Responsible Gambling’ button on the left sidebar.
  • From the displayed options, select 'Gambling Limit'. 
  • Choose your limit type, amount, and duration. 
  • Click the 'Add Limit’ button and wait about 30 seconds for it to finish.

Once you have done this, a limit should be installed on your casino account, preventing you from going over your gambling budget.

Self-exclusion and account closure

Due to legal requirements, Stake cannot permanently delete your account. However, you can choose the site’s self-exclusion option. Please complete the form at Stake Smart > Self-Exclusion to start this process.

The self-exclusion process involves two steps:

  1. 24-hour cool-down: A 24-hour period begins after you submit your request. You will receive a confirmation email.
  2. Setting exclusion period: After the cool-down, you'll receive an email with a link to choose your self-exclusion duration. You have 24 hours to do this. If you don't, the process restarts.

With this said, you should know that if you choose to self-exclude, you agree to the following:

  • You will not place bets or deposit transactions on your Stake accounts during the self-exclusion period.
  • You will not open any new accounts at Stake during this time.
  • Stake Casino will attempt to close any new accounts opened during a self-exclusion period.
  • While Stake will take steps to prevent you from gambling, you are responsible for adhering to the self-exclusion agreement.
  • Self-exclusion is voluntary, and Stake Casino is not liable for any losses incurred during this period.
  • Stake Casino reserves the right to void bets and take other actions if you break the self-exclusion agreement.
  • Your account will automatically reopen at the end of the self-exclusion period. You will receive a confirmation email.

Exclusion from Stake’s Casino site

If you visit Stake Casino mainly to place bets on sports, you can opt for a partial exclusion. This restricts access to casino games while allowing continued use of the sportsbook. Your account functions remain unaffected, including deposits, withdrawals, chat, and tipping.

What should I do if I encounter a problem on Stake when betting?

While Stake Casino runs smoothly, there are instances where you need help with problems or have concerns about things like bonuses, their accounts, or how a game works. 

No matter the issue, the Stake help sportsbook page is ready to help. In this section, you’ll find steps to contact the customer support team and find out more details about Stake’s live support and email channels.

How to find Stake support options

If you encounter issues while playing at Stake, don’t hesitate to contact Stake's customer support. You can visit the sports betting help or support section on the Stake platform. The site also has live chat and email support channels, so you can contact the support team directly.

If you feel your issue is more common and others may have had the same concerns, check the FAQ page and look for similar topics and questions. 

Live chat support

To ensure that you have fast access to assistance and guidance, Stake Casino offers a 24/7 live chat feature. With this, expect to have a professional Stake sportsbook customer service representative who will cater to your needs and inquiries. 

To start chatting with live Stake sportsbook support staff, follow the guide below:

STEP 1
Click the headphones icon in the bottom right corner of the website.
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STEP 2
Select the ‘Message’ tab.
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STEP 3
Click ‘Send us a message’ to connect with a live representative.
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STEP 4
Type your message.
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STEP 5
A friendly support agent will be there shortly.

Email support

If you prefer to explain your situation in detail or feel you have a more complex issue, send an inquiry to [email protected]. Include all the essential details and attach pictures of your concern for a better response from Stake’s online sportsbook support team.

Frequently Asked Questions (FAQs)

Yes, you can! Stake is compatible with both computer and mobile device interfaces. You can access the site using your preferred browser and search for the official Stake Casino site.

Stake Casino is a premiere sports betting platform offering many sports leagues, betting markets, and teams. The site also offers some of the most competitive betting odds, making the platform a favourite among gamblers. 

Moreover, Stake prioritises your safety by offering robust security measures, such as SSL encryption, so you can enjoy betting without worrying about your account.

Yes, it does. The Stake Daily Races and Stake Weekly Raffle are among the sports' most popular stake bonuses. Both require you to keep betting until the top 5,000 racers are decided. Once the time’s up, prizes will be given.

Stake Casino requires that players be at least 18 years old when creating an account.

Players will be happy to know that Stake doesn’t have deposit fees. The platform aims for transparency, so there are no hidden charges from us. However, depending on your chosen payment method, you might have fees from external providers.

Cryptocurrency deposits at Stake Casino are great since they’re quick and easy. Compared to traditional payment methods, crypto transactions often have lower fees, allowing you to enjoy more of your deposit on your favourite games.

Once your transaction has been completed, you’ll receive a confirmation email from Stake. Another way you can check if your payment is made is if it’s reflected on your balance. For deposits, check your Stake Casino wallet for your updated balance. On the other hand, you’ll be able to verify your withdrawals on your chosen wallet or exchange.

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