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Best Sportsbooks US / Stake.us Review / Stake.us Real Money

Stake.us Real Money: Is Stake.us Real Money?

Last Updated on 12/08/2024
Fact checked by: Sam

Stake.us is the number 1 social gaming platform in the US where players can enjoy casino-style games without making an initial purchase. However, new social casino gamers often wonder if Stake.us is a real money site.

The simple answer is no! Stake.us isn’t a real money gaming platform. However, players can redeem one of the in-house currencies (Stake Cash) for real prizes. But how does prize redemption work at Stake.us? In this review, I’ll analyze Stake.us as a sweepstakes site, its prize redemption process, and minimum redemption threshold.

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Stake.us Highlights
  • Exclusive promo code: PROMOBOY
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  • Sweepstakes casino approved by Drake!

Does Stake.us pay real money?

Stake.us is a sweepstakes gaming platform, so if you’re wondering whether you can win money on Stake.us, well you can't!

As a social casino that complies with sweepstakes regulations, players at Stake.us use two virtual currencies: Gold Coins and Stake Cash. Gold Coins are strictly for fun gameplay while Stake Cash is the token you can redeem for real prizes.

Also, you don’t need to fund your account as the social gaming platform offers numerous ways to get tokens for free gameplay. For example, upon signing up at Stake.us, I received $55 Stake Cash + 260k Gold Coins + 5% Rakeback. There are also other available promotions on the site to help you accumulate enough Stake Cash for redemption.

You can use Stake Cash to enter sweepstakes contests and play games in sweepstakes mode. Your reward for playing these games or emerging in the first position in the contests isn’t real money. Instead, you’ll get more Stake Cash. So, if you’ve been wondering whether you can win real money on Stake.us by playing games, the answer is NO.

You can't exchange Gold Coins for Stake Cash as both coins serve different purposes

How virtual currencies work at Stake.us

Let me reiterate, Stake.us isn't a real money site, so players can only enjoy casino-style games at Stake.us via two virtual currencies: Gold Coins and Stake Cash. Here’s how the two gameplay tokens work:

1. Gold Coins

Players use Gold Coins for free and fun gameplay at Stake.us without an initial purchase. Nearly all the promotions on the social gaming platforms feature a considerable amount of GCs. For instance, when I signed up at Stake.us, I received 260,000 Gold Coins. Impressive, right?

The best part is that you can purchase Gold Coins when you deplete your stash. However, Stake.us is a social casino. As such, the site offers multiple ways for players to get more free Gold Coins. That way, they can play over 850 casino-style games on the site without an initial purchase.

2. Stake Cash

Stake Cash is Stake.us’ version of Sweepstakes Coins. This game currency offers you access to play Promotional Sweepstakes to accumulate more SC. Unlike Gold Coins, you can’t purchase Stake Cash. Also, you can redeem SC for real prizes at Stake.us. However, you’ll need to meet certain requirements like having to play through your Stake Cash a certain number of times first. Note that prize redemption doesn't imply that Stake.us is a real money site.

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How to redeem real money prizes at Stake.us

Stake.us is a crypto social casino. So, redeeming Stake Cash for real prizes is a fast and seamless affair. If you’ve played with your SC on the site and accumulated enough to redeem for real prizes, here are the vital steps to follow:

  • Step 1: Move to the Account section
  • Step 2: Navigate to Wallet and click on Redeem
  • Step 3: Input the amount you wish to withdraw and the destination address
  • Step 4: If you had set two-factor authentication (2FA), enter the active code and press the Redeem button to finalize the redemption process

Players can redeem their SC in the crypto used for coin purchase. However, if you didn’t set two-factor authentication (which I highly encourage you to use as additional security), you’ll receive a code in the email address used during registration. Input this code in the corresponding field to proceed with the prize redemption process.

Note that the minimum amount of SC you can redeem depends on your redemption channel. For instance, the minimum SC you can redeem via USDT is 50, while for BTC, it’s 51.92. However, note that any Stake Cash you receive from a GC purchase is subject to a 3x playthrough requirement before being eligible for redemption.

Before kick-starting the redemption process, contact the customer support as these minimum redemption thresholds are subject to change, depending on your preferred crypto

Payment method and withdraw waiting times

You might be wondering, if Stake.us isn't a real money site, why is there a need for payment options. Well, some players quickly run through their free coin stash and would want to still continue gameplay before more promotions are available. So, there’s an option to purchase Gold Coins at Stake.us.

Stake.us is primarily a crypto social casino, so you can only purchase non-mandatory coin packages via crypto or redeem your Stake Cash for real prizes via the same cryptocurrency.

Below are top crypto payment methods I found during my Stake.us review and their processing times:

CryptocurrencyProcessing time
BitcoinInstant
EthereumInstant
Litecoin1 to 5 minutes
Dogecoin1 to 5 minutes
Ripple1 to 5 minutes
Bitcoin CashInstant
Tron1 to 5 minutes
EOS1 to 5 minutes
USDTInstant

Besides these crypto payment options, there are other altcoins on the site for transactions. Overall, Stake.us offers over 20 cryptocurrencies for fast and anonymous coin purchase and prize redemptions.

What other prizes you can redeem at Stake.us

Stake.us allows you to redeem your SC for real prizes via crypto, especially the cryptocurrency used for Gold Coin purchase. I couldn't find any option to redeem for merchandise or gift cards on the site during this review.

What are the biggest wins at Stake.us

From my experience, Stake.us updates its site with the highest prizes received on its game regularly, so check the homepage for the latest information. Some players get as much as 2500 Stake Cash, which is equivalent to $2500 by playing the best slots on Stake.us and even Stake Originals.

For example, a player called Kayloe received 1,300,000 Gold Coins after landing a 26x multiplier while playing Plinko. Another user got 400 Stake Cash by unlocking a 76x multiplier while also playing Plinko.

What do people on Reddit say about redeeming real money at Stake.us

You'll find lots of opinions and reviews about Stake.us on Reddit, including the popular question, is Stake.us a real money site?

While there are a few complaints on the Reddit page I opened, most comments there are generally positive. I also saw some players dropping referral codes. It's not a surprise as most sweepstakes casino promo codes are usually found in these types of review groups.

One of the players remarked upon Stake.us’ fast and seamless verification process, while most users praised the gaming process’ transparency.

Be careful of clicking any link promising more bonuses and promotions on these Reddit groups

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How to get more free Sweeps Coins at Stake.us

Firstly, before I discuss ways to get more SC at Stake.us, I need to point out that Stake.us' version of Sweeps Coins is called Stake Cash. Also, Stake.us isn't a real money site, so while you can exchange SC for real prizes via crypto, it still doesn't mean you can engage in real money gameplay at the social casino.

That said, you can get more free SC Coins at Stake.us through the following ways:

Gold Coins purchase bonus

There are currently 6 Gold Coins packages at Stake.us, and 5 of them come with Stake Cash bonus when purchased. Therefore, when you buy Gold Coins, you get the corresponding Stake Cash. For example, when I purchased $50 worth of Gold Coins, I received 500,000 Gold Coins plus 50 free Stake Cash.

Daily login bonus

After signing up at Stake.us, I received $55 Stake Cash as part of the welcome bonus. However, the initial offer was $25 SC while the social gaming platform offered me $1 Stake Cash daily for 30 days.

Promotions

You can get Stake Cash from regular promotions on the site. For example, there's an ongoing weekly raffle where 25,000 Stake Cash and millions of Gold Coins are up for grab.

VIP rewards

Players are automatically enrolled into the Stake.us VIP program, which promises generous rewards, including Stake Cash as they climb through the 13 tiers.

Social media giveaways

Players who follow Stake.us on X and Facebook enjoy access to numerous giveaways, including Stake Cash.

Sending a direct mail to Stake.us

You can send a handwritten postcard containing your address, full name, and a statement requesting free SC to Stake.us headquarter at Dallas, Texas to get free Stake Cash.

Pros and cons of playing at Stake.us

There are numerous benefits of playing at Stake.us, including its impressive game lobby containing 850+ games across slots, table games, social live dealer games, scratch cards, and in-house developed Stake Originals. These extensive game selections are better than what you’ll find at similar social casinos like WOW Vegas which features only slots.

Besides its game, Stake.us welcomes new players with a generous sign-up bonus of $55 Stake Cash + 260k Gold Coins + 5% Rakeback using a valid Stake promo code. There are also promotions to leverage on the site, including daily login bonus, raffles, and races.

Customer support is excellent at Stake.us and although there’s no mobile app, the website is optimized for mobile gaming.

Here's a summary of Stake.us pros and cons:

Stake.us Pro Contra US
Pros & Cons
  • An extensive game lobby
  • Generous welcome bonus and promotions
  • Diverse game selections
  • Excellent customer support
  • No mobile app

Conclusion – Enjoy a rewarding social casino gaming at Stake.us

Stake.us is a leading sweepstakes gaming platform in the US. However, new social casino fans often wonder if Stake.us is a real money site. The simple answer is no! While the social casino features transaction channels for Gold Coin purchase and Stake Cash prize redemption, it's not a real money site.

Players only enjoy the 850+ casino-style games with two in-house virtual currencies: Gold Coins and Stake Cash. So, if you've been asking, is Stake a real money gaming platform, now you know the answer.

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Stake.us real money FAQs

💰 Can I exchange Gold Coins for Stake Cash?

No. You can't exchange Gold Coins for Stake Cash at Stake.us. Gold Coins are non-redeemable. So, it's strictly for fun gameplay. However, Stake Cash is redeemable for real prizes. Simply put, both virtual currencies serve different purposes.

🤑 Does Stake.us use real money?

No. Stake.us is a social casino adopting the sweepstakes model. As such, players can redeem their SC for real prizes. However, it doesn't use real money for gameplay. Players can only play with Gold Coins and Stake Cash. While Gold Coins are purchasable with crypto at the social gaming platform, Stake Cash can't be purchased.

🎮 Is Stake.us a real money gaming platform?

No. Stake.us is a sweepstakes gaming site that uses Gold Coins and Stake Cash for gameplay, rather than real money. So, if you’ve been asking, does Stake use real money, the answer is NO.

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