Plus 3.5% weekly rakeback with SMPBONUS
- Wagering
- 40× deposit + bonus
- Max bet
- 1% of deposit while wagering
- Min deposit
- $10
- Bonus credited
- Within 24-48 hours
Stake Casino 300% Deposit Bonus: What Australian Players Can Claim
Stake Casino operates under two Curaçao licences: one issued by the Curaçao Gaming Authority under registration number 145353, and a second issued by Curaçao eGaming under licence number 8048/JAZ.
The current welcome offer and what you receive
The welcome offer gives you a 200% match on your first deposit, up to $2,000. So, a $10 deposit produces a $20 bonus, while a $1,000 deposit produces a $2,000 bonus. The offer has a minimum deposit of $10 and carries a 40× wagering requirement based on the deposit and bonus added together.
For example, deposit $100 and the bonus adds $200, creating $300 in deposit-plus-bonus funds for the wagering calculation. At 40×, you would need to place $12,000 in qualifying wagers before the bonus winnings can be cashed out. That is the practical figure to work out before you claim, honestly, this is the part most people skip.
| Deposit | Bonus | Wagering base | Required wagering |
|---|---|---|---|
| $10 | $20 | $30 | $1,200 |
| $100 | $200 | $300 | $12,000 |
| $1,000 | $2,000 | $3,000 | $120,000 |
The key difference
The offer is a 200% match up to $2,000, rather than a 300% match. The terms still matter more than the headline: check the wagering amount and maximum bet before playing.
How to claim the bonus with the right code
You can claim the welcome promotion during registration or add the code through Settings > Offers > Welcome Offer. The code needs to be entered within 24 hours of signing up, so it is worth deciding which version you want before you finish the account setup.
Create your account
Visit Stake Casino, select Register, then provide your email address and create a username and password.
Confirm the account conditions
Tick the box confirming that you are 18 or older and agree to the terms and conditions.
Choose a promotion code
Enter SMPBONUS for the 200% match up to $2,000 plus 3.5% weekly rakeback, or use STAKESPIKE for the 200% match up to $2,000.
Make at least the minimum deposit
Deposit $10 or more using an available payment method.
Allow the bonus review
The bonus is credited within 24-48 hours after review.
There is also an EXTRA200 code for a 200% first-deposit bonus up to $1,000 with 40× wagering. The main difference between the codes is the maximum bonus and, with SMPBONUS, the added rakeback feature.
Wagering rules: contribution rates and the maximum bet
The 40× requirement applies to the combined deposit and bonus, not just the bonus amount. Different products contribute at different rates, which changes how quickly your qualifying wagering total builds.
| Product | Contribution | What it means |
|---|---|---|
| Slots | 100% | Every $1 wagered adds $1 to the wagering total. |
| Table games, such as blackjack | Approximately 25% | A $1 wager adds approximately $0.25. |
| Sports bets | 75% | A $1 wager adds $0.75. |
Using the $100 deposit example, $12,000 of slots wagering would count as $12,000. At the approximate 25% table-game contribution, you would need about $48,000 in table-game wagers to produce $12,000 of wagering credit. Sports betting would require $16,000 in wagers to create $12,000 of contribution.
Keep the 1% maximum bet in mind
While wagering the welcome bonus, the maximum allowed bet is 1% of the original deposit amount. With a $100 deposit, that means a maximum bet of $1. Treat this as a firm working limit whenever bonus wagering is active.
Your account must also be verified before bonus winnings can be cashed out. Verification follows several levels, beginning with basic personal details and potentially including photo ID, proof of address or source-of-funds information, depending on the account activity.
Weekly rakeback and the Loyalty Program
The SMPBONUS code adds 3.5% weekly rakeback to the welcome promotion. Rakeback returns a percentage of the house edge, rather than a percentage of every dollar wagered. It becomes available through the Stake VIP Club after you reach Bronze level.
| Level or range | Wagering milestone | Benefits described |
|---|---|---|
| Bronze | $10,000 lifetime wagering | Weekly 3.5% rakeback |
| Next level | $50,000 wagering | VIP Club progression and Boost benefits |
| Next level | $100,000 wagering | Higher-tier VIP progression |
| Further ranges | $250,000-$2,500,000 and $2,500,000-$25,000,000 | Increasing level benefits |
| Highest tier | $25,000,000+ | Top VIP Club tier |
The broader VIP benefits include weekly and monthly Boost bonuses, level-up cash payments, reloads, money back on losses each time you level up and tailored benefits from dedicated VIP hosts at higher tiers. Wagers made with free or bonus money count towards VIP progress, while voided bets do not.
This is separate from the initial welcome match. If you are mainly interested in the first deposit, focus on the 40× calculation and 1% maximum bet first. The Loyalty Program becomes more relevant when you expect to keep playing and build lifetime wagering.
Deposits, withdrawals and verification after claiming
Stake Casino supports card and digital payment options including Mastercard, Visa, PayPal, Apple Pay, Google Pay and bank transfer. Crypto options include BTC, ETH, USDT, LTC, DOGE, SOL, XRP, BCH, USDC and BNB, while MoonPay supports crypto purchases using Mastercard, Visa or Maestro cards.
Crypto withdrawals are processed within seconds and have no cap on the amount withdrawn in a single transaction. Bank transfers can take up to 3 business days to process. Withdrawals carry small transaction fees that vary by method, and bonus winnings require a verified account before cashout.
There is no win limit and no single-transaction withdrawal limit. If a bank-transfer withdrawal is not approved within 3 business days, customer support can be contacted.
A sensible way to use the promotion
A bonus should fit your budget rather than decide it for you. Set the amount you are comfortable losing before depositing, then compare that amount with the wagering figure created by the match. A bigger deposit creates a bigger bonus, but it also creates a bigger 40× wagering target.
- Pick a deposit that stays within your entertainment budget.
- Write down the combined deposit-plus-bonus amount.
- Multiply that figure by 40 to get the wagering target.
- Use the contribution rates to estimate how much play is needed.
- Keep every bet at or below 1% of the original deposit while wagering.
- Use loss, wager and deposit limits if you want a fixed spending boundary.
Stake provides daily, weekly and monthly loss limits, wager limits and deposit limits. You can also choose product exclusion for casino or sports, take a Break in Play for 1 day, 1 week or 1 month, or use indefinite self-exclusion. Decreasing limits take effect immediately, while increases have a 24-hour cooling-off period.
Give yourself a clear stopping point
If the wagering target no longer feels comfortable, stop playing rather than increasing your deposit to chase it. Gambling is entertainment with real financial risk.
What else you can play at Stake Casino
The casino offers 38,465 games, including slots, blackjack, roulette, baccarat, game shows, crash games, keno, video poker, jackpot games, scratch cards and peer-to-peer poker. There are more than 170 live dealer tables, with live content supplied by Evolution Gaming and Pragmatic Play.
More than 320 titles are exclusive to the platform. Stake Originals such as Stake Slide and Limbo use provably fair technology, while games are checked by GameCheck, an independent auditing body. The average RTP across the platform is 96.5%, though individual game results can vary and no RTP guarantees a win.
The sportsbook covers 30+ sports and 15+ esports, including soccer, cricket, horse racing, American football, basketball, CS2 and Dota 2. Mobile access is available through a Progressive Web App, an Android APK, an iOS home-screen shortcut and a mobile browser.
Support and account security while you play
Support is available 24/7 through live chat and email, with live chat responses typically within 20 minutes and email responses within 24 hours. Support covers 17 languages, including English, Arabic, French, German, Hindi, Japanese, Korean, Portuguese and Spanish.
Account protection includes SSL encryption, two-factor authentication, passkey login and Stake Vault, which adds another security layer for stored funds. These tools are useful alongside a strong, unique password and sensible account limits.
FAQ
300% Deposit Bonus 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 combined deposit and bonus.
Which code gives the bonus and weekly rakeback?
Use SMPBONUS for the 200% match up to $2,000 plus 3.5% weekly rakeback. Rakeback becomes available after reaching Bronze VIP level, which requires $10,000 in lifetime wagering.
How long do I have to enter the code?
The code must be entered at sign-up or through Settings > Offers > Welcome Offer within 24 hours of registration.
How is the wagering requirement calculated?
Multiply the deposit plus bonus by 40. A $100 deposit with a $200 bonus creates a $300 wagering base, so the target is $12,000.
What is the maximum bet during bonus wagering?
The maximum bet is 1% of the original deposit amount. For a $100 deposit, the maximum bet is $1 while the bonus wagering requirement is active.
Do table games count towards wagering?
Yes. Table games such as blackjack contribute approximately 25%, while slots contribute 100% and sports bets contribute 75%.
Can I withdraw bonus winnings straight away?
Your account must be verified and the wagering requirement must be completed before bonus winnings can be cashed out.
How quickly are crypto withdrawals processed?
Crypto withdrawals are processed within seconds. There is no cap on the amount withdrawn in a single transaction.