The renowned crypto sports betting platform, Stake.com, marks Watford’s return to the Premier League by signing a new multi-year sponsorship.
The bookmaker will become the team’s main shirt sponsor from the start of 2021/22 season which begins on the 14th of August. Watford FC will be paid in cryptocurrency, but the value of the sponsorship remains unknown since both sides decided that the terms of the deal should not be disclosed to the press.
This is another deal that marks Stake’s effort to expand its sports sponsorship portfolio. Earlier this year, the company became the official betting partner for UFC in Latin America and Asia. Stake.com aims to receive brand awareness from the partnership in the U.K. as the company prepares to launch Stake.co.uk.
The bookmaker also plans to run a number of cryptocurrency-themed incentives, including a giveaway of 10 million Dogecoin, along with other promotions on its international platform
Mladen Vuckovic, Stake.co.uk CEO stated: “The past few years have seen consistent growth for Stake.com and this partnership with Watford marks the next chapter for our company. We could not be more thrilled to partner with a club that has such immense history yet still a true innovative spirit. We’re committed to becoming a key part of the Watford family and have a number of exciting initiatives planned for fans over the coming months!”
Watford FC chairman and CEO, Scott Duxbury, also commented on the deal: “This will be an extremely exciting campaign for the club as we return to the Premier League and we couldn’t be happier to join with a partner who matches our ambitious outlook and commitment to innovation in order to achieve success.”
Why choose Stake.com
- 95% overall live betting payout
- 500,000 pre-match events/year
- 100+ extra bets on top footy events
- Livestream on eSports and minor events
- Super low minimum bet
- 100% provably fair games
- Two-factor authentication
- 24/7 CS
Crypto sportsbooks are on the rise in the last few years and Stake.com is the last very promising addition. The sports betting section has been launched in 2020 and is normal to have some glitches, especially in live betting. The sportsbook is developed in-house, provides top odds on the major football leagues, but is not very competitive on the minor competitions. Stake has invested a lot in the community which is super helpful and efficient, while the website's interface is sleek and smooth. However, these are not the key reasons to pick a bookie. What I find more important is the group's financial backup and betting in anonymity. Stake succeeds in both. I expect much further improvement, in terms of betting experience, like quicker and more accurate bet settlements or adding handy feats such as Bet Builder and Partial Cash Out.
I will be patient before I wholly endorse them, they seem like they have the full potential.