Stake VIP Program & Why You Ought to Check It Out
In just a few months, Stake online casinos and sportsbooks will be a decade old. The festivities they prepare for the tenth anniversary are probably out of this world. Indeed, they will be, but you know what’s even better than being rewarded just for an anniversary? When you can reap the rewards of your hard work almost daily. Back in 2019, Stake made some massive changes to its VIP rewards program. According to the company’s CEO Ed Craven, they’ve paid out somewhere around $14 billion in bonuses and rewards to their VIP members.
The bonuses on these online casinos and sportsbooks are quite diverse, and they touch both the online casino and the sports betting section of the outlet. Currently, Stake is close to having 1 million VIP users on its platform. This unique VIP program offers some of the top rewards and promotions in this domain, which are aimed at enhancing players’ online betting experience. If you are interested in joining this selected group, you are better off if you first learn about what the VIP Club at Stake brings to the table.
Talking about the place where loyalty gets rewarded, on his X account, the company’s CEO Ed Craven wrote: “In 2019, @Stake reinvented VIP rewards. Stake introduced daily reloads, weekly boosts, monthly bonuses, and many more of the reward mechanics that have since become the industry standard. Since then, we have paid out over 14 billion USD in cash bonuses to our VIP’s.” Here’s what being a member of the Stake VIP program is all about.
What is the VIP Program on Stake?
First of all, it is an open club. All Stake users can enter to get a chance to earn exclusive rewards and bonuses. For starters, you’ll need an account on the platform and playing time at online casinos or wagering slips at the sports betting side of the website. Creating an account is free, but to enter the race for VIP membership, you’ll need to wager on sports or play online casino games. The formula is simple. Points come your way the more you bet. For each level of the VIP ladder, you will need to collect a certain number of wagering requirements. Casino betting is the slower way, as sports betting is calculated 3x faster. Below you have the wagering requirements:
— Bronze: 10,000
— Silver: 50,000
— Gold: 100,000
— Platinum I, II, & III: 250,000 / 500,000 / 1,000,000
— Platinum IV, V & VI: 2,500,000 / 5,000,000 / 10,000,000
If you thought that it ends with Platinum levels, you’re wrong. It gets even better after that level. After Platinum IV, you get your personal VIP host who is in charge of your support and delivering rewards. If you reach beyond this level what awaits is:
— Diamond I, II, III & IV: 25,000,000 / 50,000,000 / 100,000,000 / 250,000,000
— Diamond V: 500,000,000
— Obsidian: 1,000,000,000
Becoming a VIP Stake Member
We’re not going to say that’s easy, but it is a straight line to getting there. It all starts with creating a free account at Stake. Once you do that, you need to reach the wagering requirements for each level of the Stake VIP ladder. The moment you reach a certain threshold, you will be marked at that level. From the first point on, you will be moving up with each next wager that brings you closer to the next threshold. With each new level, the rewards, promotions, and bonuses get better and better.
Who’s Eligible for VIP Membership?
As we said, the line is straight, and anyone can walk the path to becoming a VIP on Stake. The one issue is that you need an invitation to join. The invitation will come your way only the moment you meet the first wagering requirement, which is set at 10,000. This is the landmark you need to be at to get the Bronze loyalty program as your standard on this platform. Once there, the road to moving up is open, and you can go through levels to reach the top VIP rewards that Stale has in store for its most loyal customers.
What Does This Status Give You
Benefits! A lot of benefits. From the first step on the VIP ladder on Stake, you will benefit from the platform’s range of exclusive sports and casino promotions, reload bonuses, and bonus codes to be used at both online casinos and when wagering on sports. Also, once you become a VIP member, the way you get treated changes, too, and we’re talking especially about customer support and a dedicated VIP host once you reach that level. By becoming a VIP at Stake, you will get a chance to experience the best service this company has to offer.
Stake VIP Members Benefits & Rewards
When we say that this program is one of the best in the business, we’re not exaggerating. With it, you can get access to a different spectrum of features not available to ordinary players, which come in the form of weekly bonuses, rakeback, and monthly bonuses. All of these benefits are meant to serve players as a means of boosting their odds of winning at both casinos and when sports betting.
What is a Rakeback?
It is the first sign that you are now a VIP. From the first moment you’re invited to the Bronze level, a rakeback comes your way. A rakeback is a portion of your wager that comes back to you, whether you win or lose a certain wager. It is a precisely calculated percentage you will get back from every wager. It is not only tied to online casino games. You will get one back even when you’re wagering on sports. If you don’t get a full picture of what rakeback truly is, worry not, as at Stake, you get a full guide dedicated to it, which could explain matters more thoroughly. Either way, with rakeback, you immediately get your first taste of what it means to be a VIP at Stake.
What is a Reload?
Getting to reload is not an easy task. To truly feel its strength, you will have to wager enough to reach the Platinum level of Stake membership. The best part about it is that it’s a bonus that comes your way daily. To get to the number you will receive, you need to calculate the amount you’ve wagered in the past 7 to 42 days. This range ties to your VIP level. Those who are at the Platinum III level can get a reload bonus for each of the 42 past days.
Here, you should know that whether you’re winning or losing matters too. If your profit margin is nonexistent, and you’ve been losing for the past 42 days, your reload bonus will come with additional funds. The situation gets even better if you go past Platinum IV level and above. Here’s where a personalized host comes into play. It is up to them to give you renewable reloads, with the only condition being that you’re active on the website. Of course, it will have to be on the level that your VIP status requires. If you’re already paving your way toward the levels of Stake VIP membership that could grant you reload bonuses, this is the right moment to learn more about how they work on Stake’s blog.
What Are the Weekly Bonuses & How Do You Enter Them?
To show you that their VIP program is no joke, the rewards come pouring starting off with the entry, Bronze level. There, you will receive your first dose of weekly bonuses that can be used on both the sports betting and online casino games. The amount you receive depends on how much you’ve spent during the past seven days. Also, your VIP level at the moment matters too. The higher the level, the higher the amount you get as your weekly bonus. This is a scheduled event for VIP users, and your weekly bonus will arrive on time each week at 12.30 pm GMT on Saturday. Also, to keep track of everything that comes your way, you ought to join the company’s designated Telegram VIP group.
As if having a set weekly boost to your sports betting and online casino endeavours, Stake has upped the game some more. There is also a giveaway each week, which has a prize pool set at $75,000. To get a ticket for this giveaway, you need to wager at least $1,000. With each $1,000, you get an additional ticket, giving yourself more chances to win big. Weekly giveaway can be an amazing boost, but you need to keep a tab on your spending, and follow the news regarding weekly rewards at Stake.
A Welcome Bonus in Play?
Yes, sir, there certainly is a welcome bonus for all new members on the platform. The platform has a redemption code system in place, which will lead the way toward your welcome bonus. To get the bonus, you need to enter the affiliate referral code of the latest offer you’ve received when you opened the account. It needs to be done within the first 24 hours since your first sign-in. Also, pay attention to the terms and conditions of the welcome bonus, as if you do not meet some, you will not be able to claim it and get a head start advantage in your online casino and sportsbook adventure at Stake.
Progressing as a VIP
The Stake VIP program is super popular, and not just because we say so. The reason why so many users join is that it is easy to understand. A straightforward program similar to a video game where you reach a threshold and move up levels. Reaching up levels requires no special skill, as it is based on how much you wager and the percentage of your profit/loss, which is directly tied to the size of the rewards you’ll reap. Also, the best part of the equation is that you can rise up in any way you like. The VIP program allows joining and moving up through playing card games, Stake Originals, live casino games, table games, and, of course, sports betting. The trick lies in the fact that sports betting allows you to progress way faster than you would from playing casino games, as we already mentioned earlier in the article. By knowing this, you can create a strategy on how to move faster through the ranks at Stake, and even the platform itself offers help with this in its how-to guides.
Calculating Your VIP Progress
Most players who go on this adventure want to track their progress. Just like everything tied to the Stake VIP program, this is easy to do. The calculation is straightforward, and with one simple example, we’re going to present to you just how far you have come, or need still to go. Let’s say you’re at the Bronze level. The platform shows you’re 30% far away from Silver. First thing to do is to subtract the amount needed for Bronze (10,000), from the Silver level requirement (50,000). The number you get is 40,000. Here, you move to a bit more complex equation, as you need to multiply the 30% necessary to the next level by the remaining amount of 40,000 and divide all of it by 100 (30% x 40,000/100). This is how you get the needed amount still left to wager, which in this case is 12,000. What’s left to do is to subtract the amount you already wagered, 12,000, from the number you need to go to (40,000), and you get the result, which is 28,000 still left to go. Want to hear good news? This calculus is for casino games only, and sports betting will get you there 3x as fast.
Bottom Line
Becoming a VIP at Stake is not only about status. There is much more to it than that. You get rewards, bonuses, and the more you move up, the perks get better and better. Awards, promotions, and giveaways are only a part of it. To learn more about what rewards you get when you level up, how to claim your VIP bonus on Stake, and why you should become one in the first place, you definitely need to join their platform and learn more about it on their blog pages.