Stake Referral Code India: Use XLPROMO to Get 200% Bonus up to ₹120,000 (August 2026)

The Stake referral code in India for August 2026 is XLPROMO. The code activates the Stake Welcome Bonus, giving users the chance to pick up a 200% first deposit bonus worth up to ₹120,000. This offer can be claimed only by new customers from India who are over the age of 18.

For more details about the Stake referral code, including a step-by-step guide on how it can be applied, read our full review below.

What offers can you claim with the Stake Referral Code – XLPROMO

Stake bonus code XLPROMO and Promotions – tested and verified on August 22, 2026

Stake Sports Welcome Bonus

The Sports Welcome Bonus can be claimed by using the Stake bonus code India XLPROMO and opting in during registration. The offer gives a 200% first deposit bonus worth up to ₹120,000. The minimum deposit to claim this promotion is ₹500.

200% bonus of up to ₹120,000

Claim Bonus

18+. New customers only. Deposit ₹500–₹60,000 to receive a 200% bonus (credited within 24–48 hours, subject to review). 40x wagering on deposit + bonus applies. Valid on Sportsbook & Casino. One bonus per customer. Bonus progress available in VIP section. Multi-accounting or canvassing will result in disqualification. Full Stake T&Cs & rollover rules apply.

Players must be over the age of 18, residing in India and new customers to the platform in order to claim this promotion. A 40X wagering requirement must be completed before bonus funds can be withdrawn. You will have 7 days to complete the wagering requirement, after which any bonus funds which have not been wagered through will expire.

Bonus funds can be used both at the Sportsbook at Casino. Bonus funds can take 24-48 hours to be credited into a player’s account.

Stake Casino Referral Code

The Casino Welcome Bonus is an introductory offer which can be claimed instead of the Sports Bonus. New customers must apply the Stake Casino referral code XLPROMO when registering and opt-in to successfully claim the offer. The promotion awards a 200% first deposit bonus worth up to ₹120,000. The minimum deposit for the offer is ₹500.

200% bonus of up to ₹1,75,000

Claim Bonus

Stake 200% Deposit Bonus – 18+. New customers only. Deposit ₹500–₹60,000 to receive a 200% bonus (credited within 24–48 hours, subject to review). 40x wagering on deposit + bonus applies. Valid on Sportsbook & Casino. One bonus per customer. Bonus progress available in VIP section. Multi-accounting or canvassing will result in disqualification. Full Stake T&Cs & rollover rules apply.

Players must be over the age of 18, residing in India and new customers to the platform in order to claim this promotion. A 40X wagering requirement of the deposit + the bonus value must be completed before bonus funds can be withdrawn. Users must claim the bonus within 24 hours of registration and fulfil the wagering requirements within 7 days of registration. 

Bonus funds can be used both at the Sportsbook at Casino. Bonus funds can take 24-48 hours to be credited into a player’s account.

Best Stake Football odds Today

How to Use the Stake Promo Code- Step-By-Step Guide

Using the Stake promo code to claim the operator’s welcome offers is a quick and easy process that should only take a few minutes of your time. Read through the step-by-step instructions which follow to help guide you through the claiming process:

Step 1: Visit Stake.com and Create Your Account

Click on this link to navigate to the Stake India website to begin the registration process. Fill out the sign-up form with the required details.

Step 2: Enter the Stake Referral Code

Click on the ‘Referral Code (Optional)’ tab and enter the code XLPROMO into the field that appears.

Step 3: Verify Your Account

Verify your account by uploading a clear photo ID and proof of address. Accepted identification include: Aadhar Card, Voter ID, Driving Licence, International Passport or PAN Card.

Step 4: Claim Your Bonus

Go to your ‘Wallet’ and make a qualifying deposit of ₹500 or more using a payment method of your choice. Bonus funds will automatically be credited into a player’s account within 24-48 hours.

Stake Bonus Drop Code India – Daily Updated Codes

Stake Bonus Code Drops are special promotional codes released by the operator to reward active players with bonus money, free spins and free bets. Drops work on a first-come, first-served basis. Once a specific number of players have claimed the offer, the code expires.

Each Stake Bonus Drop Code India is released periodically on a variety of different channels including:

How to Redeem a Stake Bonus Drop Code Today?

After you get your hands on a Stake bonus drop code India, you can redeem the it in just a few quick steps:

1. Log in to your Stake account and visit the Settings section.
2. Select the Offers tab.
3. Enter the drop code in the “Redeem Bonus Drop” field and click “Submit”.
4. After you meet the wagering requirements and the code hasn’t reached its limit, bonus funds will be added to your balance instantly. 

As Stake bonus drop codes are time-limited, we recommend that you check back daily for the latest Stake promo code.

Stake Referral Code Wagering And Terms & Conditions

To successfully apply the Stake referral code certain terms and conditions must be completed. Get a list of important T&Cs you should consider when claiming the code in the section below.

Eligibility

To be eligible to claim the Stake code, players will need to be:

1) over the age of 18
2) residing in India
3) Registering for a new account. 

Existing customers will not be able to take part in the promotion. Creating multiple accounts can result in a ban from the operator.

Code Entry and Verification

The Stake promo code XLPROMO must be entered during registration into its corresponding field to activate the Welcome Bonus. Inability to use the code could result in the forfeiture of the offer.

After players have registered, they will be asked to complete KYC by providing valid government ID and proof of residence before the bonus can be claimed.

Wagering Requirements

The Stake Welcome Offer has a wagering requirement of 40X the deposit + bonus amount which must be completed before bonus funds will be available for withdrawal. Players will have 7 days to complete the wagering requirement, after which any bonus funds which have not been wagered through will expire.

Fair Play & Restrictions

Only one Stake code India can be used per a player/household/IP. Multi-accounting or canvassing will result in disqualification. 

Bonus money awarded from the promotion can be used on both the Sportsbook & Casino sections. Select markets may be restricted.

Withdrawal & Rollover

Bonus funds will require the 40X rollover requirement to be completed before they will be available for withdrawal. You can keep track of your rollover progress in the “VIP” section of your betting account.

While there is no specific minimum withdrawal amount for the bonus funds, the standard minimum is usually around ₹1,000 for e-wallets or bank transfers. 

How Does the Stake Bonus Code Compare With Competitors?

Now that you have an in-depth analysis of the Stake bonus code, let’s see how it stacks up against some of the other top Indian betting sites.

Where the Stake bonus code stands out is with its max bonus value. Players can claim up to ₹120,000 in bonus money, which is considerably higher than competitors like 1XBET and MelBet, which average around ₹50,000. 

Another key advantage is that the Stake welcome offer code provides bonus funds which can be used both at the Sportsbook and Casino.

200% bonus of up to ₹120,000

Claim Bonus

18+. New customers only. Deposit ₹500–₹60,000 to receive a 200% bonus (credited within 24–48 hours, subject to review). 40x wagering on deposit + bonus applies. Valid on Sportsbook & Casino. One bonus per customer. Bonus progress available in VIP section. Multi-accounting or canvassing will result in disqualification. Full Stake T&Cs & rollover rules apply.

Is Stake legal in India?

Stake.com operates within a legal grey area in India, as the site operates as an international offshore bookmaker. The site is licensed by the Government of Curaçao, ensuring it functions under strict international betting regulations. The Stake brand has a long-standing reputation for offering fair gambling practices.

Players from India will be able to access Stake via their official website or mirror site. The Stake promotional code XLPROMO can be applied when registering via any of the access methods to unlock the operator’s welcome offers.

Stake Promo Code vs Referral Code vs Bonus Code – What’s the Difference?

Typically, a Stake promo code, referral code, and bonus code all refer to the same type of unique identifier, which provides access to an exclusive welcome offer. This should not be mistaken with other types of codes, such as Refer A Friend codes or Bonus Drop Codes. Check out the table below to find out the difference.

The most important type of code for new Indian customers to keep track of is the Stake code. The code gives access to the Stake Welcome Bonus, which can get you up to ₹120,000 in bonuses. The Stake bonus code for August 2026 is XLPROMO.

Stake Promo Codes- Pros & Cons

After a thorough evaluation of the Stake promo codes, we came up with a list of their main pros and cons.

Pros

• Can be claimed by Indian-based players
• Easy to Use- Simply apply during registration 
• Bonus money released immediately upon successful qualifying deposit
• Daily bonus drop codes available for recurring rewards
• Bonus funds can be used at Sportsbook or Casino

Cons

• Code must be added during registration – cannot be entered later
• Available to new customers only
• Wagering requirement must be fulfilled before bonus funds will be available for withdrawal
• Promotions may be geo-restricted
• Bonus amounts can vary over time

Additional Stake.com Promotions and Special Offers

There are a number of seasonal and recurring promotions and special offers available at Stake on top of the welcome offers. Promos give existing customers the chance to claim rewards like bonus money, bet insurances, free spins and free bets. 

Some top existing customer promotions currently available at the operator include:

Popular Sports to Bet on at Stake in India

There are over 30 sports in total which are available for wagering at Stake India. A majority of the sports are available for both pre-match and live betting. Popular sports on offer include:

Stake App & Mobile Bonus Offers

Stake India currently does not offer a dedicated mobile app. Players can still access the platform through the fully optimized mobile website on Android and iOS devices. The Stake promo code and welcome bonus can also be claimed directly through the mobile site during registration.

Stake Payment Methods Eligible for Bonus Offers

Indian players can use several secure payment options to qualify for Stake bonus offers. Both fiat and cryptocurrency payment methods are supported for deposits and withdrawals.

• UPI via PhonePe, Google Pay or Paytm
• Net Banking & Bank Transfers
• Credit/Debit Cards 
• E-Wallets (Skrill, Neteller, AstroPay)
• Buy Crypto via Moon Pay, Apple Pay or Google Pay
• Bitcoin (BTC)
• Litecoin (LTC)
• Dogecoin (DOGE)
• Tether (USDT)
• Tron (TRX)

What are players saying about the Stake welcome offer code India?

“Firstly the interface is so good, makes it easy to navigate through the website and most importantly great bonus.” – Opeyemi on TrustPilot 

“I had a great experience with this company. The support team was very helpful and clearly explained everything I needed to know about the available bonuses. Their guidance was transparent and easy to follow. Highly recommended!” – White on Trustpilot 

“The fairness and huge bonus is amazing. the tools available for gambling responsibly is soo effective. never had a problem with transactions. and overall gameplay is a 10/10 for me. keep going stake.” – Nellynells on Trustpilot 

Is Stake Legal & Safe in India?

Stake operates through offshore licenses and accepts users from India. Online betting laws in India are still unclear in many states. Players should always check local regulations before using the platform. Stake also uses SSL encryption and account verification for user security.

Licensing Details

Stake is licensed and regulated by Curaçao eGaming. The platform follows standard security and compliance measures to protect user accounts, payments, and betting activity. It also supports secure crypto and fiat transactions for Indian users.

Responsible Gambling

Stake promotes responsible gambling through several safety tools. Users can set deposit and loss limits, enable reality checks, take short time-outs, or activate self-exclusion for longer periods. The platform also provides access to support resources like Gamblers Anonymous and Gambling Therapy.

Summary: Stake India Referral Code Verdict

The Stake referral code offer gives Indian bettors a strong welcome package with extra value on both sports betting and casino games. The low minimum deposit, crypto support, and large bonus limit make it suitable for casual and regular users looking to maximize their starting bankroll.

For Indian users, the offer is easy to claim and works well for cricket betting, live sports markets, and online casino games. Stake also supports multiple payment options, including cryptocurrency, which adds flexibility for faster deposits and withdrawals.

Pros

• High welcome bonus for new users
• Low ₹500 minimum deposit requirement

Cons

• 40x wagering requirement applies
• Full bonus amount may require higher deposits to unlock

Stake Referral Code FAQ

Emmanuel Taiwo

nba

soccer

casino

I am a lover and fan of sports and iGaming with a passion for writing about what I love. I have over 4 years of writing experience in iGaming, sports betting, casinos, and slots. I have always been enthusiastic about the sports betting space, and in 2020, I began writing content on related topics. I have written for multiple websites since then. The interesting aspect of writing sports betting content is the constant need to research and stay current, as the space is constantly evolving. My writing is engaging and promises to provide you with the exact information you seek.

Read more