WHY STAKE IS THE EXPAT'S BEST FRIEND
Stake solves the biggest problem expats face: banking. While other sportsbooks require local bank accounts, CPF numbers, or specific payment apps, Stake accepts cryptocurrency—bypassing all that friction entirely.
If you've struggled to deposit at local sportsbooks because you don't have a Colombian cédula, Brazilian CPF, or local bank account, Stake is your answer. Buy Bitcoin or USDT on Coinbase, transfer to Stake, bet. Done.
Beyond crypto convenience, Stake is a legitimate, well-funded operator with full English support, excellent US sports coverage, and competitive odds. They hold licenses in multiple Latin American countries (including Colombia and Brazil) and have become the go-to choice for international bettors across the region.
✅ Pros
- Crypto deposits bypass local banking requirements
- Full English interface
- Instant withdrawals (minutes, not days)
- Passport verification accepted
- Licensed in Colombia, Brazil, Argentina
- Excellent NFL, NBA, MLB coverage
- 20+ cryptocurrencies accepted
- No currency conversion fees
❌ Cons
- Crypto-only (requires buying BTC/ETH/USDT)
- No traditional banking options
- Crypto volatility if not using stablecoins
- Not available in Chile (blocked)
- Learning curve for crypto newbies
STAKE OVERVIEW
| Founded | 2017 |
| Licenses | Coljuegos (Colombia), SPA (Brazil), Curaçao |
| Language | Full English + Spanish + Portuguese |
| Currencies | BTC, ETH, USDT, USDC, LTC + 15 more |
| Welcome Bonus | 200% up to $3,000 |
| Deposit Speed | 5-30 minutes (blockchain confirmation) |
| Withdrawal Speed | Minutes (instant processing) |
| Verification | Passport accepted |
WHY STAKE WORKS FOR EXPATS
1. No Local ID Required
Most Latin American sportsbooks require local identification—CPF in Brazil, cédula in Colombia, CURP in Mexico. Stake accepts US passport verification. Upload your passport, get verified, start betting.
2. No Local Bank Account Needed
Traditional sportsbooks require PSE in Colombia, PIX in Brazil, SPEI in Mexico. These payment methods need local bank accounts that are difficult for foreigners to open. Stake's crypto deposits bypass this entirely.
3. Bet in USD-Equivalent
Worried about peso devaluation in Argentina? Real volatility in Brazil? Use USDT (Tether) or USDC to bet in dollar-equivalent. Your balance maintains USD value regardless of local currency fluctuations.
4. Instant Withdrawals
Traditional sportsbooks take 1-5 business days to process withdrawals. Stake processes crypto withdrawals instantly—funds appear in your wallet within minutes. No waiting, no weekend delays.
🎯 The Expat Advantage
Stake removes every barrier that makes sports betting difficult for foreigners: local ID requirements, local banking, slow withdrawals, and currency exposure. It's the closest thing to "US sportsbook convenience" available in Latin America.
STAKE AVAILABILITY BY COUNTRY
| Country | Available | License | Notes |
|---|---|---|---|
| Colombia | ✓ Yes | Coljuegos | Fully licensed, all features |
| Brazil | ✓ Yes | SPA | Licensed since Jan 2025 |
| Mexico | ✓ Yes | Offshore | Works but not SEGOB licensed |
| Argentina | ✓ Yes | Varies | Works in most provinces |
| Peru | ✓ Yes | MINCETUR | Fully licensed |
| Chile | ⚠️ Gray | None | ISP blocks, but accessible |
| Costa Rica | ✓ Yes | Offshore | Best option in CR |
HOW TO GET STARTED WITH CRYPTO
Never used cryptocurrency before? Here's the quick path:
- Create a Coinbase account (or Kraken, Gemini, etc.)
- Verify your identity with US passport/driver's license
- Link your US bank account or debit card
- Buy USDT (Tether) - this is a stablecoin pegged to USD
- Create Stake account and get your deposit address
- Send USDT from Coinbase to Stake
- Start betting - funds arrive in 5-30 minutes
Why USDT? It's a "stablecoin" worth $1 USD. Unlike Bitcoin or Ethereum, it doesn't fluctuate. Your $100 deposit stays worth $100.
🎰 JOIN STAKE
The crypto sportsbook built for international bettors. 20+ coins. Instant withdrawals. Full English. Licensed across Latin America.
Join Stake →18+ | Crypto Only | Gamble Responsibly
SPORTS COVERAGE
Stake offers comprehensive coverage of US and international sports:
US Sports
- NFL: Full game lines, props, futures, live betting
- NBA: Extensive player props, quarter betting, live
- MLB: Complete coverage including spring training
- NHL: All games, period betting, player props
- College Football/Basketball: Major games covered
- MLS: Full coverage
International Football
- Premier League, La Liga, Serie A, Bundesliga: Deep markets
- Champions League: Extensive prop betting
- Latin American Leagues: Liga MX, Liga BetPlay, Brasileirão
Other Sports
- Tennis, Golf, UFC/MMA, Boxing, Esports, Cricket, Rugby
FINAL VERDICT
Stake is the best sportsbook option for American expats in Latin America. It solves every friction point: no local ID needed, no local bank account required, instant withdrawals, full English interface, and you can bet in USD-equivalent with stablecoins.
The only downside is the crypto learning curve. If you've never used Bitcoin or USDT before, there's a 30-minute setup process. But once configured, Stake is easier than any traditional sportsbook.
Who should use Stake:
- Expats without local bank accounts
- Anyone frustrated by PIX/PSE/SPEI requirements
- Bettors who want instant withdrawals
- People worried about local currency devaluation
- Anyone who values English-language support
Who might prefer alternatives:
- Those who refuse to use cryptocurrency
- People who prefer traditional banking
- Bettors in Chile (where ISP blocks create friction)
For most American expats, Stake is the answer. Give it a try. 🚀