Stake Referral Code 2026: WHSMAX | Up to ₹1,20,000 Bonus

Enter the Stake referral code WHSMAX during registration to receive a 200% welcome bonus, up to ₹1,20,000, on your first deposit.

Make sure to deposit a minimum of ₹500 within 24 hours of joining to qualify for the bonus.

More details on the actual wagering requirements and the validity of the welcome code offer on Stake are given below.

Bonus Eligibility and Terms

• Bonus Eligibility: Only available to new players (18+) from India
  This is a standard requirement across any betting platform in India.
• Minimum Deposit: ₹500
  Though it’s slightly higher compared to other Indian bookmakers, the maximum bonus amount does make up for it. When you deposit ₹500 or more, you’ll receive a bonus worth 200% of your deposit..
• Bonus Claim Timeline: Claim within 24 hours of signing up
  It means you must fund your account with minimum ₹500 within 1 day of registration, otherwise you lose the bonus.
• Wagering Requirement: 40x
  The turnover requirement for this sports bonus is really high. Most other betting sites have lower wagering requirements.
• Bonus Validity: 7 days
  The Stake new user offer gives you very little time to meet the high 40x wagering requirement, which can be especially tough for beginners.

If you prefer sportsbooks with more flexible wagering and longer validity, check the Dafabet bonus code page to claim a bonus of up to ₹20,000 and a ₹500 free bet.

Stake Bonus Wagering Example

Let’s say you deposit ₹500; when it goes through, you’ll get a Stake sports betting bonus worth ₹1,000 (200% of your deposit) credited immediately.

Before making any withdrawal, you need to wager the bonus 40x, which comes to ₹40,000 in total bets, to be placed within 7 days.

To apply the Stake welcome offer code and claim the registration bonus, follow the steps listed below.

Registering on Stake

To activate the promo code for Stake during registration, you need to follow the simple steps below:

1. Tap ‘Claim Stake Referral Code’ at the top of this page to go to the official site.
2. Click the blue ‘Registration’ button in the top right corner.
3. Enter your Email address, Username, Password, and Date of Birth.
4. Tap the ‘Referral Code (Optional)’ dropdown to open the field
5. Enter the code WHSMAX.
6. Check the box to confirm that you accept the agreement.
7. Tap ‘Register’ to finish signing up.

After registration, you’ll have to verify your account to proceed further. Just follow the steps below to complete the KYC and verification of your Stake account:

1. Set ‘INR’ as the currency, then tap on ‘Wallet’ and ‘Set up wallet’.
2. Verify email address and click on ‘Set up wallet’ again.
3. Enter name, country, place and date of birth, address, city, and postal code.
4. Select ‘Enable Indian Rupee’ and enter your mobile number.
5. Tap on ‘Save and continue’ to complete account verification.

Making your First Deposit on Stake

To get your welcome bonus, you need to first make a minimum deposit of ₹500. Here are the steps you should follow:

If You’re Depositing with FIAT Currency

1. Tap on ‘Wallet’ at the top-centre of the homepage.
2. Click on ‘Deposit’ and select ‘local currency’ as your preferred option.
3. Click ‘Deposit’ again and enter the amount.
4. Enter Aadhaar number in the designated field.
5. Tap ‘Deposit’ to confirm.

If You’re Depositing with Crypto

1. Click on ‘Wallet’ → ‘Deposit’, then choose ‘Crypto’.
2. Select the deposit address and copy it.
3. Paste the address into your digital wallet and enter the deposit amount.
4. Review the payment details and network.
5. Confirm your deposit.

The only FIAT option supported on Stake is UPI, which means you can fund your account with any UPI app, including PhonePe, Google Pay, and Paytm. The minimum limit is ₹500.

The bookmaker also accepts 20+ cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dogecoin, and USD Tether. There are no minimum or maximum limits with crypto payments on Stake.

If you want to check out more platforms supporting UPI payments with low minimum limits, here’s our guide to the top 10 UPI betting sites in India.

The table below lists the main advantages and limitations of using the Stake com referral code, WHSMAX, during sign-up. Before you make a final decision on whether to use the code or not, make sure to review these benefits and drawbacks.

The 40x wagering is one of the highest on the Indian market, significantly more than what some of the best bookmakers, including Parimatch, 4rabet, and Betwinner ask for.

One month after signing up with Stake using the WHSMAX code, most players find the platform offers a large welcome bonus and a wide range of games, but the higher wagering requirement means you will need to play more before cashing out. Bonus credits arrive instantly, and withdrawals are usually processed within 24 hours once wagering is complete.

Here’s how Stake compares to its closest competitors:

Stake After 30 Days – Why Players Stick Around

✅ Fast withdrawals – most processed within 24 hours once wagering is complete
✅ Frequent promotions – weekly reloads, slot races, and prize drops
✅ Smooth mobile experience – responsive site and app for both casino & sports
✅ Active VIP club –  tailored rewards for loyal players

While Parimatch, and 4rabet offer appealing welcome packages, Stake stands out long-term thanks to bigger ongoing promos, speedy payouts, and a polished mobile platform. After the first 30 days, players often stay engaged not only for the bonus but for the variety of features and consistent offers that follow.

If you’re on Stake, you get more beyond just the welcome bonus, with the bookmaker rolling out new offers for both new and existing players. In this section, we look at the top four Stake betting promotions available to Indian players in September 2026.

• Stake Shield

With the Stake Shield, you can protect your pre-match multi-bets by choosing how many losing legs you want to cover, in return for a lower, fixed payout rate.

When you use Stake Shield, your bet is paid out at the agreed fixed odds as long as you meet the required number of winning legs, no matter if some selections lose. To use this promotion to your advantage, make sure your chosen protection level odds are higher than 1.01.

There are a few catches though. You can’t use this offer on Live markets, Same Game Multis, Racing, Player Props, Outrights or Cash Out bets.

• Soccer– Boosted Odds

Get more from your soccer bets with Stake’s Boosted Odds on select games this season. Place a pre-match single bet on any special market (highlighted in yellow) to enjoy better odds before the game starts.

• Tennis– Final Set Tiebreaker Payout

Bet at least $5 on a player in the match-winner market on select ATP and WTA events and get a bonus of up to $100 (or ₹9500) if your selection loses the final set tiebreak. You use this bonus to bet on the US open (both men’s and women’s events qualify). Only the first bet per match counts. Offer open to existing users.

• Soccer– 90th Minute Payout

Bet at least $5 USD on a single 1×2 market before the match in the EPL, La Liga, or Champions League. If your team is ahead at the 90th minute (89:59) but does not win, you can receive a payout up to $100 USD.

Stake offers a live chat option for customer support, but you cannot bypass the virtual chatbot in any way. We tested live chat support and raised several queries just to get in touch with a human agent, but none of it helped. There is no option to type in your message; instead, the chatbot interacts with specific prompts to understand your query.

Overall, chat support feels underwhelming and limiting, with no way to interact with an actual human being.

The Stake referral code is definitely worth it, but only for seasoned punters with deep pockets. Let’s break it down.

The minimum deposit is ₹500, which is reasonable and standard. The maximum bonus is also substantial. Also, UPI deposits are available, making it easy to fund your account. So far, so good.

However, the offer has two major caveats limiting its usability: high 40x wagering and a narrow 7-day validity. Both factors make it difficult for beginners to claim and make use of the welcome offer.

Overall, the stake welcome offer is good if you’re looking for a large bonus, but if you’re on a budget, it’s not ideal.  Instead, we will recommend the Parimatch promo code, which comes with much softer bonus wagering terms.