Stake Bonus Code Canada: CANBET for 200% Deposit match up To $1000

Written by: Matthew Eichhorn Fact checked by: Jaclyn Hurst

Last Updated: June 9, 2025

Stake is a popular online sportsbook and casino that has been gaining traction among Canadian bettors. New players to Stake.com can score themselves a generous welcome bonus by using our exclusive promo code CANBET to net themselves a 200% deposit match bonus, good for up to $1000.

Other awesome offers from Stake Canada include welcome bonuses for new players, referral bonuses for existing users, and a comprehensive VIP program with exclusive rewards.

Stake Registration Code Quick Facts

You can learn all the need-to-know details for the Stake bonus code below to make sure you understand how to redeem the 200% deposit match bonus, whether you’re eligible, and what you can expect to receive upon redemption.

How to Claim Stake Promo Code

Any new user joining Stake is eligible to redeem their new user bonus. During the account creation process, input the promo code CANBET when prompted. From here, you’ll be able to claim this 200% deposit match bonus up to $1000.

Users must meet the eligibility criteria in order to claim this sign-up bonus. This includes being of legal betting age within your region, are a new user to Stake, and are located within Canada (with the exclusion of Ontario).

For Example: Let’s say you deposited $500 into your Stake account; once the transaction is complete, you’ll instantly receive $1000 in bonus credits to play with.

1. Register at Stake.com

To get started with Stake, use our link to and click on the “Register” button. Fill in your personal details, ensuring they are accurate, to avoid any issues with future withdrawals.

During this process, this is where you’ll need to provide the Stake promo code CANBET in order to claim your 200% deposit match bonus up to $1000.

2. Make Your First Deposit

After creating your account, head to the cashier section and choose your preferred deposit method. Stake accepts both cryptocurrencies and traditional payment options. Enter the amount you wish to deposit and complete the transaction.

3. Place a Wager

Once your account is funded, explore Stake’s extensive range of sports betting markets. From popular leagues like the NHL, NBA, and NFL to niche sports, Stake offers competitive odds on a wide variety of events.

4. Claim Your Stake Bonus

Start placing bets and enjoy the various promotions Stake offers. Remember to bet responsibly and set limits for yourself. Stake encourages responsible gambling practices to ensure a safe and enjoyable experience.

Types of Stake Bonus Offers

Let’s dive into the different types of bonuses Stake offers.

Stake First Deposit Bonus

New to Stake? You can claim a generous 200% deposit match bonus up to $1,000 as a Stake sign-up bonus when you make your first deposit. Users simply need to input promo code CANBET during the account registration process and you’ll instantly unlock this juicy welcome bonus.

Stake No Deposit Bonus

Currently, there isn’t a specific Stake no-deposit bonus, but they do have other promotions that don’t require a deposit. Keep an eye out for their Daily Races and Weekly Raffles – they’re pretty sweet deals, and rival other Stake bonus offers. Typically, no-deposit bonuses are a risk-free way for new players to try out a betting platform without risking any of their own money. These bonuses are typically offered to new players upon registration and can take the form of free bets, free spins, or a small bonus amount to use on specific games or events. While they’re a great way to get started, these bonuses often come with playthrough requirements that need to be met before any winnings can be withdrawn.

Stake Referral Bonus

If you’ve got friends who enjoy betting, you can earn a percentage of their house edge by referring them to Stake. It’s a great way to share the fun and get rewarded for it. Referral bonuses are a way for sportsbooks and casinos to grow their player base by rewarding existing users who bring in new players. Typically, the existing user shares a unique link or code. When a new player signs up using that link and meets certain requirements, such as making a deposit and placing bets, the referrer earns a reward. These rewards often come in the form of bonus bets or cash, and there’s usually no limit to how many friends you can refer.

Stake VIP Bonus Program

Stake’s VIP program offers exclusive benefits to loyal players through both the Daily Races and Weekly Raffle. As you progress through the levels, you’ll enjoy personalized bonuses, increased rakeback, and dedicated VIP host support. The more you play, the better the rewards get.

Stake’s Daily Races

Stake’s Daily Races is an exciting promotional offer where players can compete for a share of a $100,000 daily prize pool. To participate, simply place bets on your favorite games across Stake’s Casino and Sportsbook, and you’ll climb the leaderboard based on your wagering activity. The top 5,000 players at the end of each day will receive instant payouts, making it a fun and rewarding way to engage with the platform. This promotion is open to all registered users, with no additional requirements beyond regular betting activity.

Stake’s Weekly Raffle

Stake’s Weekly Raffle provides players with a chance to win a share of $75,000 every week. To participate, simply wager $1,000 on any games or sports across Stake’s platform, and you’ll earn one entry ticket. The more you wager, the more tickets you’ll accumulate, increasing your odds of winning. Winners are announced live on Eddie’s stream every Saturday, with prizes split among 15 players selected using Google’s official random number generator to ensure a fair draw.

Maximize Your Stake Bonuses

New to Stake or to sports betting? Here’s some quick tips to get the most out of your money.

Tips for New Players

To make the most of Stake’s bonuses, keep an eye on their ongoing promotions, compare odds across different events, and always bet responsibly. Set a budget and stick to it, and explore different betting markets to diversify your strategy.

Long-term Benefits

Consistent play and engagement with Stake can lead to better bonuses over time through the VIP program. As you progress through the levels, you’ll unlock increased rakeback percentages, personalized bonuses, and dedicated support. This rewards system encourages long-term loyalty and provides additional value for regular players.

Is Stake Legal in Canada?

Stake is legal and available in most of Canada, operating under a Curacao gaming license. However, it’s important to note that Stake is not currently legal in Ontario. They are working towards obtaining a license from the Alcohol and Gaming Commission of Ontario and plan to launch Stake.ca in Ontario by 2025.

Stake Sports Betting Markets

Stake Bonus Code: Final Review

Stake offers a solid betting experience for Canadian players, with a variety of promotions and a rewarding VIP program. Offering one of the best sportsbook welcome bonuses on the market, be sure to redeem our Stake promo code CANBET in order to secure yourself a 200% deposit match bonus up to $1000.

Stake is not yet available in Ontario, but for the rest of Canada, it’s a great choice, especially for those interested in crypto betting. Remember to always bet responsibly and enjoy your experience on Stake.

Stake Promo Code FAQs

Matthew Eichhorn

Having worked in the sports gambling industry since 2021, Eichhorn has a plethora of experience to draw from when crafting his work. Previously published in Sports Betting Dime, The Hockey Writers, Prospects by Sports Illustrated, and FanSided, Eichhorn has expert knowledge of all major North American sports as well as the best ways to bet on them.