Online betting platform Stake has launched an exciting new promotion for Indian users, offering a 200% welcome bonus on first deposits. This latest move comes as India’s online betting market heats up ahead of major sporting events in 2026.
Under the new offer, players who register using the Stake referral code TIGSTA can claim a bonus of up to ₹1,20,000. To activate the promotion, a minimum deposit of ₹500 is required.
How the Stake Referral Code Works
New users who sign up with the Stake referral code receive bonus funds equal to 200% of their first deposit. For instance, a ₹5,000 deposit would unlock ₹10,000 in bonus credits, giving a total of ₹15,000 to wager across the platform.
The bonus comes with a 40x wagering requirement, meaning players must bet the combined total of their deposit and bonus 40 times before any winnings from the bonus can be withdrawn.
The bonus earned via the Stake referral code can be used on both sports betting and casino games available on the platform, giving players flexibility to explore different markets.
Strong Focus on Cryptocurrency
Stake positions itself as a crypto-friendly betting site. The platform supports major digital currencies like Bitcoin, Ethereum, and Tether. While Indian users can view balances in rupees (₹), deposits and withdrawals are primarily processed through cryptocurrency.
A key highlight of Stake is its fast withdrawal system, especially for crypto transactions, which are often completed within minutes, enhancing the betting experience for users who value speed.
Growing Online Betting Market in India
India’s online betting industry has expanded rapidly in recent years. To attract new users, operators are increasingly offering generous welcome bonuses, cashback deals, and referral incentives.
Referral codes, like the Stake referral code, have become a vital marketing tool, allowing platforms to grow their user base while offering attractive benefits to first-time players.
Terms, Conditions, and Responsible Play
The Stake referral code must be entered during registration and cannot be added after sign-up. The promotion is available exclusively to new users and is subject to standard terms and conditions.
Experts continue to emphasize that online betting carries financial risk. Players should always set spending limits and ensure they are aware of the legal regulations in their state before participating.
With the introduction of this new referral program, Stake aims to strengthen its presence in India’s competitive online betting market in 2026 while rewarding new players with one of the most attractive welcome bonuses available.