Canadian players can claim an exceptional welcome bonus with the Stake promo code “CANMAX” – a 200% deposit match up to $3,000 in bonus funds. New users can receive up to triple their initial deposit when signing up, with deposits between $50 and $1,500 eligible for this generous offer. This comprehensive guide covers everything you need to know about activating the Stake.com promo code, meeting the 40x rollover requirements, and maximizing your sports betting experience on one of Canada's top betting platforms.
Stake.com Canada Promo Code Overview for 2025
| Platform | Welcome bonus | Promo code |
|---|---|---|
| Stake.com Sportsbook | 200% match up to $3,000 | CANMAX |
| Stake.com Casino | 200% match up to $3,000 | CANMAX |
| Stake.com VIP Club | Dependent on the VIP Club tier | CANMAX |
Stake, a Curacao-headquartered online bookmaker and casino, is an emerging operator that launched in 2017 and is available in the United Kingdom, United States, Australia, and Canada, among other countries. The crypto-focused company, owned by Medium Rare NV, offers a variety of welcome bonuses to entice players to sign-up on its platform.
These are generally specific to each country. Prospective users in Canada can use the Stake.com promo code “CANMAX” to take advantage of a 200 percent initial deposit bonus. The bonus has minimum and maximum deposit limits of $50 and $1,500, respectively, and is subject to 40x rollover requirements. It's a straightforward process to activate the bonus.
How to Activate the Stake Bonus Code
Stake has arguably the quickest and easiest registration process among all online sportsbooks. When opening the site on either desktop or mobile, there is an option to “register instantly” by logging in either via your Facebook, Google, LINE, or Twitch account. However, I had issues signing up this way and often received authorization issues because of a pop-up blocker. The best way to sign up and use the Stake promo code is by clicking the blue register button in the upper-right corner.
Using the Stake drop bonus code is a great way for new users to significantly increase their starting bankroll with the online operator. Even with the required minimum deposit of $50, new users in Canada can receive $100 in bonus funds (200 percent of the initial deposit) for a total starting balance of $150 ($100 in bonus credits and $50 in cash). A maximum $1,500 initial deposit gives players a $4,500 starting balance ($3,000 in bonus credits and $1,500 in cash).
1 Go to the Stake.com website
Click any of the links in this article to go to the Stake website.
2. Start the Registration Process
In the upper right corner, you'll see a blue button that says “Register”. You can click that and enter the requested information (like your name, email address, date of birth, etc.). You'll then be asked to create a password.
2. Enter the Latest Stake Code (CANMAX)
Activating the bonus is as easy as putting the Stake.com promo code “CANMAX” in the appropriate box during the easy registration process.
There are also optional fields for phone number and promo code. Check the box for “code” and then enter “CANMAX” into the box to qualify for the Stake promo code. Scroll through and accept the terms and conditions, and then hit “create account” to open your account. That's it. You're now free to check out Stake's betting markets and casino games, although you need to verify identity and make an initial deposit to earn the Stake drop bonus code.
3. Make Your First Deposit
Immediately after creating an account, you'll notice a “Welcome to Stake!” pop-up that prompts you to set up your wallet. You can skip this for later, but it's recommended to do immediately as you need to make a minimum $50 deposit to qualify for the Stake promo code.
In order to set up your wallet, the first step you need to do is to verify your email. Once this is done, you have to verify your identity. Fortunately, both of these take almost no time at all, which is a nice change of pace compared to some operators which have exhaustive lists of consumer complaints for lengthy verification times.
Stake was founded as a crypto-focused online betting platform but, while many people do bet using crypto on the platform, it also accepts most commonly accepted forms of payment, including those listed below.
- MasterCard
- Visa
- Google Pay
- Apple Pay
Players can also purchase crypto (Bitcoin, Ethereum, Dogecoin, etc.) through the Stake.com website.
4. Find the Deposit Bonus Details
When making an initial deposit, Stake will inform you whether or not the Stake promo code has been applied. When you go to your wallet, click either “deposit” or “buy crypto” to begin the process.
After clicking “deposit,” you'll be directed to a pop-up where you can toggle between crypto and local currency. Below this you should see a dotted line box with the title “Deposit Bonus,” under which states “Your exclusive deposit bonus has been activated and will be applied once you deposit.” You can then click “Learn More” to see the terms of the offer.
Stake.com Promo Code Restrictions and Terms
As previously discussed, while Stake has one of the best welcome offers in terms of total dollars/bonus, it also has plenty of restrictions. Whereas many sportsbooks offer smaller one-time bonuses, usually up to $500, with minimal restrictions, Stake gives players in Canada the opportunity to receive up to $3,000 in bonus bets.
However, this bonus is subject to 40x rollover requirements, meaning you would need to wager the initial deposit at least 40 times to turn the bonus into withdrawable cash. For example, if you made an initial deposit of $100 you would receive an additional $200 in bonus bets. But, you have to make at least $8,000 worth of wagers in order to withdraw those funds. These bets also have to be placed within a 30-day window from the date you made your initial deposit.
How to use the Stake.com Promo Code When Betting Today
After making a deposit and activating the Stake promo code today, new users can begin fulfilling their rollover requirements by wagering on one of Stake's more than 35 available sports, including the major North American leagues (NFL, MLB, NHL, MLS, and NBA) and niche sports like table tennis, waterpolo, volleyball, and stock car racing. It also has esports betting and a casino with hundreds of slots, live table games, and daily jackpots.
New users can also explore the “Challenges” section, which lists various casino and sports challenges players can complete to earn prizes, play Stake poker, or explore other sports and casino promotions.
Overview of Stake's Diverse Sports Betting Markets
The Stake.com promo code can be used on more than 35 sports, including ice hockey, basketball, baseball, and MMA. Stake also caters to Canadian bettors with access to Canadian betting markets like the Canadian Football League (CFL).
Stake also has a substantial soccer betting market, which isn't surprising considering it has partnership deals with English football teams Everton and Watford. It also maintains partnerships with Canadian musician Drake, UFC fighter Israel Adesanya, and the Alfa Romeo Formula-1 team.
Other Stake.com Promos in Canada
There are many other Stake.com promo code bonuses, most of which are available for use in the operator's online casino. Latest promotions include Stake's Daily Races, Stake's Weekly Raffle, and Conquer the Casino! Players can earn progressive rewards in these and other Stake casino games.
Stake Promos for Existing Users
For sports bonuses, existing users on Stake can still take advantage of some decent offers. In June, Stake had a close loss payout for the NBA Finals that allowed players to win their moneyline bets or get up to $100 in payout if the team they backed lost by 1 or 2 points. There were also NBA Double Winnings and multiple other NBA promos as well as promos for MMA (UFC Split Decision Insurance), baseball (MLB Double Winnings and 9th Inning Payout), and soccer.
What to Know about Stake's Reputation and History
Stake has a license in Curacao and, thus, is able to operate in Canada and other countries via the ambiguous grey market. It is not available to bettors in Ontario as the province has a regulated and legal online betting market, where all operators require an iGaming Ontario license.
Since it was created in 2017, Stake has become one of the leading online operators due in part to its partnership with Drake, who often shares his picks with his millions of followers on Instagram. The operator has partnerships with many other sports teams and athletes and is one of the most reputable and trusted online bookmakers. It's also the best option for those who prefer to wager using cryptocurrency.
What to do if the Stake.com Promo Code Doesn't Work
Most importantly, make sure you see the “Deposit Bonus” dotted line box before making your initial withdrawal to ensure you receive the Stake.com welcome bonus. If for some reason this is displayed and you still didn't receive the bonus bets, you can get in touch with Stake's customer support team by clicking the user icon in the upper-right corner of the site and then “live support.” Here, players can send direct messages to Stake's support team or find helpful articles on topics, including “How to get my welcome offer?”
If the bonus still isn't working or you're unsatisfied with Stake, there are several other popular and well-reviewed Canadian sportsbooks you can try, including Bet365, Pinnacle, and 888 Sport.
Stake Promo Code FAQs
Is Stake a reliable bookmaker?
Yes, Stake is a reliable and trusted bookmaker. The company has been in business since 2017 and entered the Canadian market in 2022. It has partnerships with many notable athletes (Israel Adesanya), teams (Everton), and celebrities (Drake).
Does Stake only accept crypto?
While Stake is the most notable crypto-based sportsbook, it does accept other forms of traditional payment, including Visa and MasterCard and Google Pay.
Does Stake have a mobile app?
As of right now, Stake does not have a dedicated mobile app.
In which legal provinces can I use Stake in Canada?
With its offshore licensing, it's possible to use stake in all Canadian provinces.
Is the Stake promo code available for players in Ontario?
Due to legal restrictions around the use of incentives to gamble, there is no promo code in Ontario.
Stake.com Promo Code Recap
Overall, the Stake.com promo code “CANMAX” is a great option for Canadian bettors who are looking to try out a new sportsbook and don't mind adhering to over-the-top rollover requirements. Depending on the initial deposit amount, players can earn up to $3,000 in bonus bets, but it will take a long time to turn that into withdrawable cash.
The primary reason to use the Stake.com promo code is the amount of bonus bets you can receive. In fact, no other sportsbook or online casino offers as much in bonus bets as Stake, although again, it's worth noting this welcome offer is highly restrictive. The bonus expires within 30 days if it is not wagered to the rollover requirements.
Thus, Stake's welcome offer can be properly utilized by beginners and those with minimal bankrolls, but it's best for sharp, high-volume bettors who will have no problem meeting the lofty rollover requirements as it can be difficult to win enough to turn the bonus into withdrawable cash
In regard to Stake as a bookmaker and online casino, it is a secure and trustworthy platform with expansive betting markets and decent odds, but it could be improved with a dedicated mobile app and more free-to-play games.
