Plus 3.5% weekly rakeback (code SMPBONUS)
Stake Casino 100% Deposit Bonus: How the Welcome Offer Works
Looking for a Stake Casino 100% Deposit Bonus? The current welcome offer is a 200% first deposit match up to $2,000, with clear code, wagering and verification rules to work through before you claim.
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How the deposit match works and what you receive
A 100% deposit bonus normally matches your deposit dollar for dollar. Stake's current welcome offer goes further: it adds 200% of your first deposit, up to a maximum bonus of $2,000. The minimum deposit to qualify is $10.
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For a simple example, a $10 deposit produces a $20 bonus. A $100 deposit produces a $200 bonus, taking the combined deposit and bonus amount to $300. Once your deposit reaches $1,000, the 200% calculation reaches the $2,000 bonus cap.
| Term | Rule | What it means |
|---|---|---|
| Bonus rate | 200% first deposit match | The bonus is twice the deposit amount until the cap applies |
| Maximum bonus | $2,000 | The bonus stops increasing once the calculation reaches $2,000 |
| Minimum deposit | $10 | Your first deposit must meet this minimum |
| Wagering | 40× deposit + bonus | The combined amount is multiplied by 40 |
| Maximum bet while wagering | 1% of deposit amount | Your bet must stay within this cap while clearing the bonus |
This is a real-money promotion, so the bonus does not remove the normal risk of gambling. Treat the match as extra play value rather than a promise of a result, and only deposit an amount that fits your budget.
Which promo code to use and when to enter it
The welcome offer has three listed code routes. SMPBONUS is the most feature-rich option because it combines the 200% first deposit bonus up to $2,000 with 3.5% weekly rakeback. STAKESPIKE gives the 200% bonus up to $2,000, while EXTRA200 gives a 200% bonus up to $1,000 with 40× wagering.
| Code | Bonus | Extra term |
|---|---|---|
| SMPBONUS | 200% up to $2,000 | 3.5% weekly rakeback |
| STAKESPIKE | 200% up to $2,000 | Welcome bonus route |
| EXTRA200 | 200% up to $1,000 | 40× wagering |
You can enter the code during registration or after opening the account through Settings > Offers > Welcome Offer. The code needs to be added within 24 hours of signing up, so it is worth deciding which route you want before completing registration.
Ready to set up the welcome offer?
Choose your code, make sure your first deposit meets the $10 minimum, and keep the wagering rules in mind before you start.
Wagering: the 40× maths, game contributions and bet cap
The wagering requirement is 40× the deposit plus the bonus. It is not calculated on the bonus alone. For example, if you deposit $100 and receive a $200 bonus, the starting total is $300. Multiply that by 40 and the wagering target is $12,000.
| Product | Contribution | Example using a $12,000 target |
|---|---|---|
| Slots | 100% | $12,000 in slot wagering contributes $12,000 |
| Sports bets | 75% | About $16,000 in sports bets contributes $12,000 |
| Table games, including blackjack | Approximately 25% | About $48,000 in table-game bets contributes $12,000 |
The table examples show why the product you choose matters. Slots make the full amount count, sports bets count at 75%, and table games such as blackjack count at approximately 25%. The exact contribution is applied to your wagering target rather than simply reducing the requirement by the same number of bets.
There is also a maximum bet while wagering: 1% of the deposit amount. A $100 deposit gives a $1 maximum bet during the wagering period, while a $500 deposit gives a $5 maximum. Keep each bet within the relevant cap until the requirement has been completed.
How to claim the offer from registration to credit
The process is fairly straightforward, but the code deadline matters. This is a deposit offer, so it works differently from a No Deposit Bonus: you need to make the first deposit and follow the welcome-offer steps.
Visit Stake, select Register, then provide your email address, username and password. Confirm that you are 18 or over and agree to the terms and conditions.
After registration, enter the basic personal information requested for Level 1 verification, including your home address and date of birth.
Enter SMPBONUS, STAKESPIKE or EXTRA200 during sign-up. If you have already registered, use Settings > Offers > Welcome Offer within 24 hours.
Deposit at least $10 using a payment method available in the cashier. The 200% calculation then applies up to the relevant maximum for the code you selected.
The bonus is credited within 24-48 hours after review. Keep the account details consistent with your verification information while this takes place.
For Stake Casino Australia players, the practical points are the same: choose the code first, meet the minimum deposit, and check the amount added before planning your wagering. The offer is easier to manage when you know the target and bet cap in advance.
Verification and cashing out bonus winnings
Your account must be verified before bonus winnings can be cashed out. Verification can involve different documents as activity increases, so completing the basic account information early is a sensible part of claiming the offer.
| Level | Information or document | When it applies |
|---|---|---|
| Level 1 | Home address and date of birth | After registering |
| Level 2 | Photo ID | Before depositing |
| Level 3 | Proof of address | When prompted due to high transaction volume |
| Level 4 | Source-of-funds information | High-volume betting, big wins or AML checks |
Once a withdrawal is available, cryptocurrency withdrawals are processed immediately, within seconds. Bank transfer withdrawals can take up to 3 business days to process. There is no limit on the amount withdrawn in a single transaction, although withdrawals carry small transaction fees that vary by method.
If a bank transfer withdrawal has not been approved within 3 business days, customer support should be contacted. Live chat operates 24/7 with responses within 20 minutes, while email support also operates 24/7 with responses within 24 hours.
Rakeback, Cashback and VIP rewards after the welcome offer
If you are interested in Cashback, the main ongoing reward is 3.5% weekly rakeback, which returns a percentage of the house edge. The SMPBONUS route includes 3.5% weekly rakeback in its listed offer, while the Stake VIP Club also provides automatic weekly rakeback after you reach Bronze.
Bronze requires $10,000 in lifetime wagering. The VIP Club then moves through higher wagering milestones, including $50,000, $100,000, the $250,000-$2,500,000 range, the $2,500,000-$25,000,000 range and the highest tier at $25,000,000+.
- Weekly and monthly Boost bonuses based on recent play
- Level-up cash payments that increase at higher levels
- Recent Play Bonuses, which provide money back on losses when levelling up
- A dedicated VIP host at higher tiers
- Reloads and rakeback
- Bespoke benefits tailored by a dedicated VIP host
VIP bonuses are instantly withdrawable without wagering strings. Wagers made with free or bonus money count towards VIP progress, while voided bets do not. That makes the loyalty programme separate from the welcome offer's 40× requirement.
Check the numbers before you start
A quick calculation of your deposit, bonus, 40× target and maximum bet can help you decide whether the offer suits the way you prefer to play.
100% Deposit Bonus: your questions
What is the Stake Casino welcome bonus?
It is a 200% first deposit match up to $2,000, with a $10 minimum deposit. The main route has wagering of 40× the combined deposit and bonus amount.
Which code adds weekly rakeback?
SMPBONUS adds 3.5% weekly rakeback to the 200% first deposit bonus up to $2,000.
When do I enter the welcome bonus code?
Enter the code during registration or through Settings > Offers > Welcome Offer within 24 hours of signing up.
How is the 40× wagering requirement calculated?
Add your deposit and bonus together, then multiply that total by 40. A $100 deposit with a $200 bonus creates a $300 total and a $12,000 wagering target.
Do all games contribute equally to wagering?
No. Slots contribute 100%, sports bets contribute 75%, and table games such as blackjack contribute approximately 25%.
What is the maximum bet while clearing the bonus?
The maximum bet is 1% of your deposit amount. For example, a $100 deposit gives a $1 maximum bet while the bonus is being wagered.
Can I withdraw bonus winnings before verification?
Your account must be verified before bonus winnings can be cashed out. Verification can include personal details, photo ID, proof of address or source-of-funds information depending on the account activity.
How long do crypto withdrawals take?
Cryptocurrency withdrawals are processed immediately, within seconds. Bank transfer withdrawals can take up to 3 business days to process.
