Welcome Bonus 200% up to $2,000

Plus 3.5% weekly rakeback (code SMPBONUS)

Stake Casino 50 Free Spins No Deposit: What You Can Claim

If you are comparing bonus options, the useful bit is knowing exactly what you receive and how the wagering is calculated. Here is a clear look at the welcome offer, promo codes, game contributions, rakeback and cash-out rules.

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The welcome offer gives you a 200% match up to $2,000

The current promotion is a first-deposit match rather than a 50 Free Spins No Deposit deal. For a Stake Casino Australia player, that means depositing real funds is part of claiming the offer, with the bonus adding 200% of the qualifying deposit up to $2,000.

Review contents

The minimum deposit is $10. The welcome Deposit Bonus comes with 40× wagering on the combined deposit and bonus amount, so the size of your deposit affects both the bonus and the amount you need to wager.

Promo CodeOfferExtra detail
SMPBONUS200% first deposit bonus up to $2,000Adds 3.5% weekly rakeback
STAKESPIKE200% first deposit bonus up to $2,000Uses the welcome offer
EXTRA200200% first deposit bonus up to $1,000Includes 40× wagering

SMPBONUS is the code to look at if weekly rakeback matters to you. The rakeback element is tied to the Stake VIP Club, though, and becomes available after you reach Bronze VIP at $10,000 in lifetime wagering.

How to enter a Promo Code and claim the offer

The code has to be entered during registration or within 24 hours of signing up. You can add it in Settings > Offers > Welcome Offer. It is worth doing this before you start playing, because the offer is connected to the selected code.

Create the account

Visit Stake Casino, select Register, then provide your email address and create a username and password. Tick the box confirming that you are 18+ and agree to the terms and conditions.

Complete the first account details

After registration, enter your basic personal information, including your home address and date of birth. This forms the first KYC level.

Add the code

Enter SMPBONUS, STAKESPIKE or EXTRA200 at sign-up, or use Settings > Offers > Welcome Offer within 24 hours of registering.

Make the qualifying deposit

Deposit at least $10. The 200% match is based on the first deposit and is credited within 24-48 hours after review.

Finish verification before cashing out bonus winnings

Your account must be verified before bonus winnings can be withdrawn. Further checks can involve photo ID, proof of address or source-of-funds documents, depending on the account activity.

The bonus is not something to rush through. Pick the code first, check the wagering maths, and keep your bet size within the stated limit while the offer is active.

Choose your welcome code before depositing

Compare the $2,000 and $1,000 bonus caps, then decide whether the SMPBONUS rakeback extra suits the way you play.

Wagering rules: the 40× formula and game contributions

The 40× requirement applies to your deposit plus the bonus, not just the bonus on its own. Different products also contribute at different rates, so a $1 stake does not always add $1 to the wagering total.

ProductContributionWhat a $1 stake adds
Slots100%$1 toward wagering
Table games, such as blackjackApproximately 25%Approximately $0.25
Sports bets75%$0.75

Worked examples using the real numbers

  • $10 deposit: you receive a $20 bonus, creating a $30 combined amount. At 40×, the wagering target is $1,200. The maximum bet while wagering is 1% of the deposit, which is $0.10.
  • $500 deposit: you receive a $1,000 bonus, creating a $1,500 combined amount. The wagering target is $60,000. The maximum bet is $5.
  • $1,000 deposit: you receive the full $2,000 bonus, creating a $3,000 combined amount. The wagering target is $120,000. The maximum bet is $10.

The maximum bet during wagering is 1% of the deposit amount. It is based on the deposit, rather than the combined balance or the bonus value. That makes the deposit figure the key number to keep in mind whenever you place a bet under the offer.

Weekly rakeback starts with Bronze VIP

The weekly rakeback returns 3.5% of the house edge across every game, rather than 3.5% of the amount you wager. It runs automatically every week indefinitely once you reach Bronze in the Stake VIP Club.

Level or rangeLifetime wager amountExamples of available benefits
Bronze$10,000Weekly 3.5% rakeback becomes available
Next levels$50,000 and $100,000Boost bonuses and level-up benefits
Higher ranges$250,000-$2,500,000Increasing level-up rewards and VIP benefits
Upper range$2,500,000-$25,000,000Higher-tier benefits and host access
Highest tier$25,000,000+Top VIP Club benefits

The club also includes weekly and monthly Boost bonuses, level-up cash payments, money back on losses each time you level up, reloads and bespoke benefits. Dedicated VIP hosts are available at higher tiers. VIP bonuses are described as instantly withdrawable without wagering strings.

Wagers made with free or bonus money count towards VIP progress, while voided bets do not. That gives you a simple way to track what moves your lifetime total and what does not.

Slots, live tables and other ways to use the bonus

The casino has 38,465 games, with slots, blackjack, roulette, baccarat, live casino, table games, game shows, arcade games, crash games, keno, video poker, jackpot games, scratch cards and peer-to-peer poker. There are also 170+ live dealer tables supplied by Evolution Gaming and Pragmatic Play.

More than 320 titles are exclusive to Stake, including Stake Originals using provably fair technology with results that can be verified. Some games offer demo mode, and the average published RTP across the library is 96.5%. RTP is a long-run mathematical figure, not a promise about the result of a particular session.

The sportsbook adds 8,842 events across 30+ sports and 15+ esports. Soccer, cricket, horse racing, American football, basketball, CS2 and Dota 2 are among the available areas, with sports bets contributing 75% towards the welcome wagering.

Deposits, verification and withdrawals explained

Deposit options include Mastercard, Visa, Visa Debit, Visa Credit, PayPal, Apple Pay, Google Pay, bank transfer and cryptocurrency. Supported cryptocurrencies include BTC, ETH, USDT, EOS, DOGE, LTC, SOL, TRX, XRP, Bitcoin Cash, USDC, BNB and LINK, with MoonPay also available for additional crypto purchases.

Crypto withdrawals are processed immediately, usually within seconds. Bank transfer withdrawals can take up to 3 business days to process. A withdrawal that has not been approved within that period should be followed up with customer support.

KYC levelInformation or documentWhen it applies
Level 1Home address and date of birthAfter registration
Level 2Photo IDBefore depositing
Level 3Proof of addressWhen prompted due to high transaction volume
Level 4Source of fundsHigh-volume betting, big wins or AML checks

There is no limit on the amount withdrawn in a single transaction. Withdrawals carry small transaction fees that vary by method, so check the cashier details for the payment option you choose. Completing verification is especially important when your balance includes bonus winnings.

Set play limits before you start

A bonus should fit your budget, not the other way around. Stake provides several controls that let you decide how much time and money you are comfortable putting into casino or sports play.

  • Loss limits can be set daily, weekly or monthly, including a net-loss option.
  • Wager limits can be set daily, weekly or monthly.
  • Fiat deposit limits are configured in USD and currently operate on a daily basis. Crypto deposits above the set limit are held in a withholding balance until the daily limit resets.
  • Product exclusion can cover Casino or Sports for 24 hours, 7 days, 30 days, 90 days or indefinitely.
  • Break in Play periods are 1 day, 1 week or 1 month.
  • Indefinite self-exclusion has a minimum 6-month period before an account reactivation review.
  • Decreasing a limit takes effect immediately, while increasing one has a 24-hour cooling-off period.

Account closure is available at any time. Using a limit before claiming the welcome offer can make the promotion easier to manage, particularly when the combined deposit-and-bonus wagering target is large.

Set your budget before you claim

Work out the deposit, bonus, wagering target and maximum bet first. Then use the available limits to keep your play within that plan.

50 Free Spins No Deposit: 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 offer carries 40× wagering on the deposit plus bonus amount.

Which Promo Code adds weekly rakeback?

SMPBONUS adds 3.5% weekly rakeback to the 200% first-deposit bonus up to $2,000. The rakeback becomes available after reaching Bronze VIP, which requires $10,000 in lifetime wagering.

How do I calculate the 40× wagering requirement?

Add your deposit and bonus, then multiply the total by 40. For example, a $10 deposit and $20 bonus create a $30 total, giving a $1,200 wagering target.

What is the maximum bet while clearing the bonus?

The maximum is 1% of your deposit amount. A $10 deposit gives a $0.10 maximum bet, while a $500 deposit gives a $5 maximum.

How long does the welcome bonus take to arrive?

The bonus is credited within 24-48 hours after review. You need to enter the code at registration or in Settings > Offers > Welcome Offer within 24 hours of signing up.

Can I withdraw bonus winnings straight away?

Your account must be verified before bonus winnings can be withdrawn. Verification can involve personal details, photo ID, proof of address or source-of-funds documents, depending on the account activity.

Which games contribute most to the wagering target?

Slots contribute 100%, sports bets contribute 75%, and table games such as blackjack contribute approximately 25%. The contribution rate changes how much each bet adds to the target.

How long do withdrawals take?

Crypto withdrawals are processed immediately, usually within seconds. Bank transfer withdrawals can take up to 3 business days, and transaction fees vary by method.