Stake.com gets a UKGC license

28 Dec 2021

Stake.com has made its official entry into the UK market since securing a UK Gambling Commission (UKGC) license earlier this year. The bookmaker will have a partnership with TGP Europe, which will power sportsbook, casino and gaming products. Moreover, Stake.com has announced detailed plans for the launch of “unique and exclusive betting markets and propositions” for its new UK players.

“Following a successful launch our UK-facing and licensed website stake.uk.com is now live, offering sportsbook, casino and gaming products to the UK. Players will have access to a range of sportsbook markets including odds coverage of unique betting events in Esports as well as a full suite of responsible gambling tools, designed to offer a safe and entertaining experience to all players.” said Dominic Rae, Sponsorships Manager for Stake.com.

Stake.com was founded in 2017 and has a partnership with Premier League club Watford FC, covering the ongoing 2021/22 season. As a part of the deal, the bookmaker will offer fans of the team a ‘Stake x Watford First Goal Payout’ promotion, paying out on all bets on a Watford victory should the Hornets score first in any game and fail to win.

The company is also a known member of the Crypto Gambling Foundation, but as the company has announced: “Stake.com’s UK offering will not accept cryptocurrency payments or transactions, processing all payments in fiat currency only in line with UK licensing regulations.”

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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.

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