How to Bet on Sports at Stake.com

Phil
27 Jun 2023
Phil Lowe 27 Jun 2023
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  • Find out all you need to know about betting on sports at Stake.com!
  • How to Bet on Sports Online
  • Types of Sports Bets
  • Types of Betting Odds
Stake.com is the world's biggest crypto betting site and has great odds on all major sports.

The Stake sportsbook is available all over the world, with hundreds of thousands of registered players logging in every day to place bets on everything from soccer to tennis to eSports.

If you’re a sports betting fan, or new to online betting, on this page you’ll find out everything you need to know about betting online at Stake.com, including an explanation of various betting terms.

If you’re yet to open a sports betting account, by registering at the world's biggest crypto betting site you can get up to $1000 bonus money when you use the Stake.com code NEWBONUS.

Once you have registered you can enjoy 24/7 sports betting, as well as live streaming, special offers and promotions, plus industry leading betting odds on many sporting events.

How to Bet on Sports Online

To bet, you need an account with a sportsbook. It takes less than one minute to register at Stake, as explained below:

  1. Go to Stake.com via this link. It takes you straight to the registration page at the Stake sportsbook. 
  2. Click the ‘Register’ button and complete the short form to open your account.
  3. When asked if you have a Code, type in the NEWBONUS promo code. By using this code, you can claim the maximum welcome bonus.
  4. Once registered, make a deposit. Simply decide which cryptocurrency you would like to add to your account. You can deposit using 19 different crypto coins, including Bitcoin, Dogecoin, Ethereum, Litecoin and others. If you don’t own any crypto, it can be purchased on site with a credit card, debit card, Apple Pay or Google Pay.

Once your account is open, you need to consider the different types of odds presented and look for your chosen markets. Take a look around the sportsbook to see the sports available and the choice of betting markets.

From there, it is simply a case of placing your bets! Whether you’re a fan of soccer, tennis, UFC or eSports, find the game you want to bet on and place your wager.

Finally, when the game ends, hopefully your bet will have won. If this is the case, all that’s left to do is withdraw and enjoy your winnings. It’s as simple as that!

Types of Sports Bets

Top sportsbooks offer a range of betting markets. At Stake.com there are lots of common types of bets to choose from, including:

Handicap: A handicap bet is where the favourite is given a handicap that they must overcome to win the bet. Equally, the underdog is typically given a head start. 

Asian Handicaps and European Handicaps are different types of bets that you can place at Stake.com.

1x2: A 1x2 bet type is as simple as it comes and allows you to bet on three possible outcomes – 1 refers to the home win, x refers to the draw, and 2 refers to the away win.

Futures and Outrights: A futures or outright bet is a wager on an outcome that won’t occur in the upcoming game week. So, for instance, you can place a bet on a team to win a championship or an event at the end of the season, such as the English Premier League or the NFL Super Bowl.

Goals/Points: You can also bet on the number of goals or points your favourite teams will score in a fixture, which is great if you’re unsure which team will emerge as the winner.

Over/Under: Also known as a totals bet, an over/under bet is where you are predicting the total number of goals or points to be scored in a game, above or below a specific number.

Winning Margin: Winning margin bets are popular in sports like basketball and soccer, allowing you to bet on how many points or goals a team will win by.

Player Props: Rather than betting on teams, player props allow you to bet on players’ performance on the field. For instance, a soccer player’s prop could be whether or not he or she will score in a game.

Correct Score: If you have a particularly good feeling about how a game will end, you can place a correct score bet on a whole many different sports.

Types of Betting Odds

There are several types of odds in the sports betting industry, as explained below:

Decimal odds - Sometimes known as European odds, decimal odds are straightforward to understand.

As an example, if you were backing Novak Djokovic to win the US Open tennis at odds of 6.0, you would place a $1 bet to return $6, giving you a $5 profit if Djokovic was victorious.

Fractional odds – These are popular with sportsbooks in the United Kingdom. Using our Novak Djokovic example, the only difference is that the odds would be displayed as 6/1.

American odds - American odds show a plus or minus followed by a number. For instance:

Cincinnati Bengals (+140) vs Cleveland Browns (-135)

Here, the Cleveland Browns are favourites to win this NFL fixture, as you can see by the negative odds. 

The Cincinnati Bengals are underdogs due to their positive odds.

If you thought the Browns were going to win, you would need to place a $135 bet for a profit of $100, while a $100 bet on the Bengals would return a profit of $140.