Cryptocurrency

History of Stake | BitcoinChaser

Stake.com has become a big name in cryptocurrency gambling, and it didn’t get there by accident. It was all about creativity, persistence, and smart growth.

By mid-2024, Stake has achieved a huge milestone. Over 253 billion bets have been placed, a huge jump from 65 billion in 2022. This is a huge number and shows how big and successful Stake is in the crypto betting world. They have gotten to this point by constantly coming up with new ideas and using great and effective marketing.

But how did Stake become the powerhouse it is today? Let’s look back at its history and see how it got to where it is today.

But before that, learn more about this top-notch crypto casino and betting platform with our comprehensive Stake review.

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Pre-launch

Primedice was founded and launched in 2013 by Ed Craven, Bijan Tehrani, and Chris Freeman. This dice gambling site was the beginning of what would become Stake.com, and while it may seem odd to mention Primedice in a Stake.com article, they are still very closely linked.

Not only are both gambling sites linked to each other in their footer navigation tool called “About Us,” but both have had Mladen Vučković as their CEO since 2017.

2016: Lead-up

In 2016, the two co-founders of Primedice came together to create a new and exciting gambling experience. Ed Craven and Bijan Tehrani founded Easygo, a company that develops games for online casinos. Although the two are known to have started the company together, Ed Craven is the sole shareholder.

Steak Casino HomepageSteak Casino Homepage

In August 2017, Ed Craven and Bijan Tehrani joined forces again to create another exciting addition to the gambling industry. The two helped co-found Stake.com.

Stake is a completely unique game that has been released and includes the following titles:

  • Plinko
  • mine
  • Chartbet
  • Hilo
  • club
  • Diamond Poker
  • roulette
  • Keno
  • baccarat
  • dice
  • wheel

2019: Stakes Sportsbook

Founder of Steak, Ed Craven Finally Joins Twitter In June 2019, he posted giveaways and updates for Stake.com and Primedice Casino. He seemed to present himself as an influencer rather than a founder.

We’ve got a monumental update coming up that brings lots of hints and early beta test access. Stake.com launches sportsbook. In November.

Steak Major Sports Sponsorships Steak Major Sports Sponsorships

Stake has had an incredible year since launching its sportsbook, securing several high-level partnerships with major athletes.

In January, Stake secured a sponsorship deal with MMA fighter and UFC champion Israel Adesanya. Shortly after, it announced a partnership with UFC. Continuing its UFC acquisition, Stake partners with heavyweight champion Francis Ngannou.

The Stake began its foray into football betting in July when it announced a sponsorship deal with Premier League side Watford FC, which will see them become the club’s main shirt sponsor.

Stake has grown steadily over the past few years and this partnership with Watford signals the next chapter for our company. We couldn’t be more excited to be partnering with a club with such a rich history, yet still with a truly innovative spirit.

Stake CEO Mladen Vuckovic

Then to finish the year, Stake.uk.com has teamed up with TGP Europe to bring Stake quality gambling to the UK. It’s been a productive year, but there are even more exciting things to come.

2022: More Sports, Stake.US and Streaming

Stake Casino now accepts US players.Stake Casino now accepts US players.

Stake.com kicks off 2022 by announcing another football partnership with Argentine football icon Sergio Aguero as its global brand ambassador. However, Stake.com is not giving up on its UFC acquisition and continues to expand its UFC partnership to include Brazil.

Our relationship with UFC continues to grow and we look forward to welcoming UFC fans from around the world to our platform. Our current player base has enjoyed the partnership, taking advantage of VIP experiences and exclusive content to give them an experience with one of the biggest sports organizations in the world. This is something they can’t find anywhere else.

Stake CEO Mladen Vuckovic

As March approaches, Stake announced its biggest partnership to date in the gambling industry. Stake has partnered with Drake, a global celebrity and rapper who has done exclusive Stake streams and given viewers thousands of dollars.

Stake.com continues to expand into the Brazilian market with sponsorship deals securing partnerships with Brazilian rugby league and Brazilian UFC fighter Jose Aldo. It has also expanded its football betting presence by becoming a major partner of Everton Football Club from 1 July 2022. The casino is believed to have secured the highest value shirt front deal in the club’s 144-year history.

It is a great honour for everyone at Stake.com to join the Everton family and help support the club as it transitions to a new stadium. We look forward to celebrating this exciting chapter in the club’s history with Evertonians around the world.

Akhil Sarin, Head of Acquisitions at Stake.com

Since the launch of Stake.uk.com in 2021 Stake.us officially launched in August 2022. In order to bypass regulations and provide the same great quality to US players, Stake.us launched using SC coins.

Things are getting worse. Streaming platform Twitch has banned gambling streams, specifically targeting cryptocurrency gambling platforms like Stake, Rollbit, Duelbits, and Roobet.

This was especially harsh because Stake had gained a huge reputation through influencer marketing, especially streamers. But their prayers were answered when Twitch sensation and Stake.com partner Trainwreckstv announced Kick.com. The platform was not owned by Stake.com, but was tied to casino founder Ed Craven as an investor. Many believe Craven led the platform after Twitch banned gambling streamers.

2023: Launch of Kick.com and key sports partnerships

Alfa Romeo F1 Team Partners with StakeAlfa Romeo F1 Team Partners with Stake

The Kick.com streaming platform officially launched to the public. In the same month, it was announced that F1 racing team Alfa Romeo joined the Stake.com list of partners as a title sponsor, with the Stake logo appearing on their cars. And most recently, Primedice celebrated its 10th anniversary, and Stake founder Ed Craven wished them another birthday.

2024: New racing options, stake bets reach 253 billion

Stake.com founders Ed Craven and Bijan Tehrani have signed a new sponsorship deal with Formula 1 team Sauber Motorsport.

In 2024, Stake celebrated its 7th anniversary with exciting new features. They introduced horse racing and greyhound racing, giving sports bettors more ways to bet and win.

July was a big month for Stake Casino. Someone hit a massive $9 million jackpot on the game Zeus vs Hades: Gods of War. Another lucky player at Stake Sportsbook won $860,000 on a multi-bet involving tennis and badminton.

This year, Stake has also achieved a significant milestone. Since its launch, over 253 billion bets have been placed, a huge leap from the 65 billion bets in 2022. It is clear that more and more people are loving the service Stake offers, especially the easy-to-use platform and popular promotions such as Daily Races and Multiplier Races.

In addition, Stake will continue to position its brand at the forefront of motorsport by partnering with Alfa Romeo in 2023 and the Sauber F1 Team in the 2024 and 2025 seasons.

The Future of Steak

Stake.com has come a long way and is just getting started. After starting with a few original games and becoming one of the biggest names in crypto gambling, the future of Stake looks very bright.

In 2024, they have already added some great new things for sports fans like horse racing and greyhound racing. Plus, they have reached a huge milestone with over 253 billion bets. That’s a big deal! And working with a big brand like Sauber F1 Team shows that they are not slowing down.

So what’s next? Stake will continue to grow, no doubt about it. We’ll see them add more games, enter new markets, and even try new ideas as crypto becomes more mainstream. They’re all about keeping things fun, fair, and safe, so they’ll definitely stay on top.

In short, Stake.com will continue to be successful with many exciting things ahead. I can’t wait to see where they go next!

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