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Author Topic: Stake.com - The World's largest Casino - Drake, UFC, Everton, Stake F1 Team  (Read 344639 times)
Nrcewker
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October 03, 2024, 02:11:30 AM
 #20521

So no more anonymous gambling at Stake.com? Stake was my favorite because they never asked for any KYC from the past 5-6 years. I have deposited thousands of dollars and gambled, but not a single time I was asked for KYC. This was one of the reasons for which I have praised and promoted Stake wherever I can. Nevertheless, I think the golden days are gone. I have also received a mail to do the KYC before the end of the year. I was offered $50 as a bonus. I have to think again before completing the KYC, as the main motive for crypto gambling was to gamble anonymously. Stake broke my heart; it was my love. Now it can only be accessed through a condition, which really makes me sad.
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October 03, 2024, 06:03:29 AM
Last edit: October 03, 2024, 07:37:10 AM by ryzaadit
 #20522

-snip
There is no such thing as "casino-anonymous" especially with the web2 website.

If you are not being requested "KYC" doesn't mean the casino is anonymous, it's not being needed at the time you are accessing but you still always getting requests at some time in the future. Never trust casinos that claims "anonymous", mostly in their term & conditions there always some words stated. Casino will have some right to ask you KYC in some case.

Anynomous or non KYC casino is only with smart contract casino site, but the game is limited mostly just dice on chain, guess character/number last hash or jackpot.

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October 03, 2024, 12:53:56 PM
 #20523

So no more anonymous gambling at Stake.com? Stake was my favorite because they never asked for any KYC from the past 5-6 years. I have deposited thousands of dollars and gambled, but not a single time I was asked for KYC. This was one of the reasons for which I have praised and promoted Stake wherever I can. Nevertheless, I think the golden days are gone. I have also received a mail to do the KYC before the end of the year. I was offered $50 as a bonus. I have to think again before completing the KYC, as the main motive for crypto gambling was to gamble anonymously. Stake broke my heart; it was my love. Now it can only be accessed through a condition, which really makes me sad.

Stake has taken a policy that has certainly been considered for many things, including how customers like you respond. I would not think that Stake's golden age is over. I am sure this is related to better planning in the future.
of course, there will be customers who will leave Stake because they do not want to verify their accounts for whatever reason they have. but I believe there will be more who will still verify their accounts immediately. not because of the various bonuses given. of course, that amount is nothing compared to what has been deposited into Stake. but Stake's intention to take this step is certainly for better business purposes.

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October 03, 2024, 01:21:43 PM
 #20524

The level 2 reward is big and it looks like a trap or using it to lure gambling participants to submit their KYC because ordinary many would not but with that amount users would submit because they would like to receive the 250$ and use it to play games and if there luck with them that day, they will win big. Be careful with big bait.
I don't know why such amount is given to level up.

Stake is a huge brand, I doubt this is a trap and I don’t find any reason to view it that way since most of the casino requires KYC to every players while they doesn’t offer any bonus for your KYC compliance.

At least at Stake they incentivize you for completing while you will just do it too in the future since they are allowed to require an account to do KYC anytime they want. A 250$ reward is already a sweet deal considering that Stake is the number brand on casino industry.

I will understand your sentiment if the casino we are talking about is a mediocre casino.

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October 03, 2024, 02:39:56 PM
 #20525

KYC is just going to make them lose players that were playing from a prohibited region.
My friend a PLAT IV user is playing from germany, without a vpn and has had not problems playing on Stake.
Now when he does his KYC, they will notice he is playing from germany, ban his account and he cant play anymore... and well, he will take his action and money elsewhere to play on a sportsbook where he is annonymous as Bitcoin was supposed to be...
I cant blame him and I will probably do the same, take my business elsewhere.
Later, stake
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October 03, 2024, 03:12:03 PM
 #20526

~snip~
Germany isn't only in the restricted countries list at Stake, but also in most other licensed casino. You will rarely find a perfect crypto casino where players from Germany are allowed to play anonymously. There are a lot of players at Stake who is a resident of Germany. Only the old players of Germany can still play at Stake as Germany wasn't in the restricted countries list in the past. Your friend is having this benefit. It is true that Stake will loss a decent number of users for this mandatory verification rule. Still, it isn’t going to create a significant impact there.

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panjul07
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October 03, 2024, 03:15:20 PM
 #20527

KYC is just going to make them lose players that were playing from a prohibited region.
My friend a PLAT IV user is playing from germany, without a vpn and has had not problems playing on Stake.
Now when he does his KYC, they will notice he is playing from germany, ban his account and he cant play anymore... and well, he will take his action and money elsewhere to play on a sportsbook where he is annonymous as Bitcoin was supposed to be...
I cant blame him and I will probably do the same, take my business elsewhere.
Later, stake

I guess so, I'm sure that there are still many players (even whales) who do not like to submit their personal document.
Of course I also believe that Stake is aware about this possibility so they must be ready to lose some players due to this new rule.
Any decision must have advantages and disadvantages at the same time.
Btw I think some users here have predicted about this mandatory KYC to all users since last year IIRC or since they apply a rule for new registered player to complete at least level 1 verification.

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October 03, 2024, 03:55:35 PM
 #20528

I don't think right now is about the user.

But, about the revenue is being generated. These can only be answered after 1 Jan 2025, and it's quite simple to see these changes. You just need to take a look on how much money they're sharing for each weekly claim. They shared the information that the amount of money is being shared on weekly claims, at this time they're in the range of 15-16M$. IMO, Stake.com is no longer focused on the user base line.

They already reached 50,000+ user online almost everyday. It's really really bigs for online casino, I don't think any other casino can competed in these number. If the number amount weekly share on 1 Jan 2025 under 15M$ meaning the change is effecting their revenue but if not under those number then nothings effected at all for the revenue.

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October 03, 2024, 06:04:48 PM
 #20529

~snip~
Germany isn't only in the restricted countries list at Stake, but also in most other licensed casino. You will rarely find a perfect crypto casino where players from Germany are allowed to play anonymously. There are a lot of players at Stake who is a resident of Germany. Only the old players of Germany can still play at Stake as Germany wasn't in the restricted countries list in the past. Your friend is having this benefit. It is true that Stake will loss a decent number of users for this mandatory verification rule. Still, it isn’t going to create a significant impact there.

Casinos never want to lose their players because they are losing potential profit making but it's all the regulations by the government so if casino has to operate without facing legal consequences then they need to comply whatever they have to answer it's also the government's responsibility to give the freedom of choosing what they wanted to do or else they will end up on a scam site and eventually lose their money.

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October 03, 2024, 11:53:04 PM
 #20530

because it will be unfair if those who have done it for a long time do not receive any offers. I just want to know how this rule system works.
Fair or not, you verified user got more bonus from level 2 account 20%. Meanwhile, non - KYC account not getting any bonus, you can multiply with around 2 years+.
True, I can prove this. I didn't get a bonus because I am a non-kyc and just recently complied to the level 2 and my verification is complete. So, to those that have been verified already prior to this, you're getting the bonus instead or if not, it's something to do with the wagers that you've done for the whole stay you guys did with stake. I don't know, that's just a speculation and maybe the recent users that just verified will have to wait for some sort of bonus.  Tongue
Otherwise, it's okay if there's none.
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October 04, 2024, 12:46:38 AM
 #20531


Well, whatever it will be. I am curious if other sites will also take this approach and make KYC mandatory. I mean there must be a reason stake took this step. Maybe they were forced to because of license stuff or whatever.

I am also eager to know how fast they can handle such a high amount of verification requests. They said you have 1 week time ti do the KYC to get the bonus. Who knows how many people right now have done this and I honestly doubt they can handle such a high volume in such a short time. So it might be that even if the KYC was made in the 1st or 2nd day of the bonus window the bonus might not be paid due to time issues.

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October 04, 2024, 01:47:53 AM
Last edit: October 04, 2024, 02:58:16 AM by ryzaadit
 #20532

Well, whatever it will be. I am curious if other sites will also take this approach and make KYC mandatory. I mean there must be a reason stake took this step. Maybe they were forced to because of license stuff or whatever.
Unless, other casino have the same business operation. Stake has been operating legally with specific side especially (US & UK) while most of these casino is really strictly, the force could be not coming from license.

I am also eager to know how fast they can handle such a high amount of verification requests. They said you have 1 week time ti do the KYC to get the bonus. Who knows how many people right now have done this and I honestly doubt they can handle such a high volume in such a short time. So it might be that even if the KYC was made in the 1st or 2nd day of the bonus window the bonus might not be paid due to time issues.
Level 2 should be at least 30 mins, If more than 24 days just contact the live support. They will forwarded to push the verification, mine was waiting 24 hour and asking to the support. He response me with those statement, after those message my level 2 getting accepted.

Symphonized
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October 04, 2024, 03:40:47 AM
 #20533

How's your Week going so far with Stake?

tadingu
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October 04, 2024, 06:39:48 AM
 #20534

i have heard someone need to submit KYC level 3-4 to be eligible to withdraw.

any Stake's support here? is it a reality?
AHOYBRAUSE
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October 04, 2024, 07:13:07 AM
 #20535

i have heard someone need to submit KYC level 3-4 to be eligible to withdraw.

any Stake's support here? is it a reality?

Only if there is something up with your account or in cases where there was a big win sometimes.
Under normal circumstances you don't have to go through level 3 and 4, normally not even level 2 but obviously this is changing from next January.
And, there is no stake support here. The rep hasn't been see for a while now so you better ask the official live support on site or (if you have one) your vip host via telegram. You can also ask your questions in the official stake forum and maybe some mod can answer it for you.


tadingu
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October 04, 2024, 07:43:46 AM
 #20536

i have heard someone need to submit KYC level 3-4 to be eligible to withdraw.

any Stake's support here? is it a reality?

Only if there is something up with your account or in cases where there was a big win sometimes.
Under normal circumstances you don't have to go through level 3 and 4, normally not even level 2 but obviously this is changing from next January.
And, there is no stake support here. The rep hasn't been see for a while now so you better ask the official live support on site or (if you have one) your vip host via telegram. You can also ask your questions in the official stake forum and maybe some mod can answer it for you.



thanks bro.
ethereumhunter
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October 04, 2024, 09:24:01 AM
 #20537

How's your Week going so far with Stake?
This time I have some good experience playing slot and bet for some sports. I play three slot from different provider. I am lose some money for two slots but I get BEP in one last slot games called Big Bass BOOM Enhanced RTP from Pragmatic Play. It's long time I can not win from that provider so that cover my losses before from the two slot.

I also win for one sport which give me nice winning although I loss in three sports. But that is okay for me as I can use my time to gamble.
TravelMug
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October 04, 2024, 09:27:16 AM
 #20538



I'm just curious though if anyone here has bet on the US Presidential Election? There seems to be a swing in favor of Kamala as she was the slight favorite like 2 days ago and now I was just surprised to see her going back again at Trump's lead?

Maybe there is someone big that really put a lot of money on Kamala in this community and bet on her in Stake?

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xxjumperxx
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October 04, 2024, 10:06:03 AM
 #20539



I'm just curious though if anyone here has bet on the US Presidential Election? There seems to be a swing in favor of Kamala as she was the slight favorite like 2 days ago and now I was just surprised to see her going back again at Trump's lead?

Maybe there is someone big that really put a lot of money on Kamala in this community and bet on her in Stake?

Trump has mostly been the Underdog on Stake, I bet on him while he was the underdog while odds were still 2.1...
Its been going back and forth every couple of days, excited to see how odds swing closer to election.
panjul07
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October 04, 2024, 12:03:09 PM
 #20540

I am also eager to know how fast they can handle such a high amount of verification requests. They said you have 1 week time ti do the KYC to get the bonus. Who knows how many people right now have done this and I honestly doubt they can handle such a high volume in such a short time. So it might be that even if the KYC was made in the 1st or 2nd day of the bonus window the bonus might not be paid due to time issues.
Level 2 should be at least 30 mins, If more than 24 days just contact the live support. They will forwarded to push the verification, mine was waiting 24 hour and asking to the support. He response me with those statement, after those message my level 2 getting accepted.

With the current situation especially due to the bonus offered for those who are willing to do KYC level 2, there must be big number of users who submitted their ID and I think the staff who is in charge to do the verification is quite busy this week.
If you have been verified after 24 hours and after you contacted live support, I think you are lucky enough because I heard some people are still waiting for the verification although they submitted their ID just after they received the email.
Congrats for you, now you are waiting for the bonus which will come within the next several days, dont lose it all quickly or better to withdraw it straight away unless the bonus comes with at least 1x rollover.

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