Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team

[NotATether]

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https://helpcentre.sportsbet.com.au/hc/en-us/articles/360052142091-Joe-Biden-Early-Payout Sportsbet.com has taken a risk by paying out early but they know it's not official and they assure and ensure to abide by the Law when the official result is there and they will eventually settle at a loss, this is a discretionary approach not mandatory, EVERY OTHER MAJOR PROVIDER is waiting for the rule of law as Stake.com is doing. You mentioned sportsbet.io, guess what, if sportsbet.io pays early and later won't settle accordingly to the Law (as Sportsbet.com ensured will do) they will be in big trouble and they can easily lose license and website. It's gross negligence and it's not legal approach, they don't know what they're doing.

(emphasis mine)

Not sure what you mean by paying early as legal action by Trump about the election result has already been exhausted. He has no other avenue of appealing the election result so it doesn't make a difference whether sportsbooks pay now or a few weeks later, they each have different internal policies about paying out customers in volatile markets.

Have you actually checked every other major crypto casino to see if they are also waiting on the payout?

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[Stunna]

These are the same who provided fake polls last month, how can you deny this? It's evident. Just wait for the process to end and for CERTIFIED results to come out through the Regulatory Authorities of the Election, regardless of the winner.

You don't seem to get it. The fact is that Biden is the 46th President of the USA(Thankfully) and Harris is the VP. Jared Kushner approached Trump to concede. No number of excuses will change the facts which is why you need to process the truth and accept the result.

This has got to be the longest settlement of a bet I have ever seen in my life.
Now we are crossing 5 days after the election has been done.

Didn't expect this from Stake. The facts are clear which is why them refusing to settle the bets giving for various reasons isn't right at all.

We are hoping that we can settle this for Biden bettors today instead of keeping them in limbo. Our team is going to get together and finalize the best way to move forward. Obviously this is a super contentious conversation and we do not want to rush it and make the wrong decision.

[maxreish]

What is going on here?
 

 Do you get your history and account information back? Or is this still not solved?
 Things like this, should not happen. What if they can not restore it? They should use a decent backup system to solve these things in minutes.
 

 They settled and fix it now.
 You just have to refresh  the browser for you to be able to see your updated transaction bets. Yesterday, even notifications isn't working but kinda okay now. They've been updating the site, that is why. But it wasn't lost its just slow in showing the updated bets.
 
 And about that us election voting, I voted for Trump   . Yeah, lose but anyway that's how it went.

[redsun114]

It is blocked by Indonesian ISP due to the political stance on gambling. It is not new thing here in my country, there are many other gambling sites getting blocked by our ISP. This kind of block depends on your own local government/regulation imo.

Never knew Indonesia was this strict with their people. Blocking crypto gambling sites seems like they are completely anti-crypto which is pretty sad considering that they could gain a lot by regulating cryptocurrencies.

This whole process of using proxies and VPNs to access crypto sites is a big hassle in my opinion. It's best to stick to sites that are allowed instead in order to abide by their T&C and not be deemed suspicious.

It is not just Indonesia, there are many many nations in the world that ban gambling, honestly we are having fun here and we see this as a fun thing but we do see it because it is something we do on our spare times as crypto people and gambling not being as common as you might think in regular life is actually quite good if you ask me.

Right now, right here crypto gambling is cool, maybe state lotteries and all that is good enough too, horse races? Sure why not. But think of a world where everywhere is like Vegas, casinos are as common as cinemas and theaters (not as common as cafes obviously) in that world everyone would constantly go to casinos to have fun and that would eventually lead to troubles.

So, I understand why many nations ban gambling, at decent dozes it is nice but when it becomes national problem, you can't stop it without making it illegal.

[xxjumperxx]

Trump hasn't lost, the result it's still pending. Some bookmakers are paying early for Biden but ensured to pay for Trump if when the election has ended is legally certified as the actual winner. To have a winner you need to have the Electoral College to vote and the loser to concede. None of this happened. These are all projections

All compliant bookmakers pay based on legal based win, those who are paying Biden now are doing it discretionary to calm those who are complaining because they see the news. But legally they're not binded to pay those. And most bookmakers put everything on hold because despite what the media says the result is still unknown and highly disputed. The elections hasn't ended officially and ZERO states have certified the win of either one or the other candidate. The result is when EC certifies and/or loser concedes.

Thank you.
Amazing to see how many people think the Media announces the new President.
Yes looks like Biden won, but this isnt over and this will continue to go on.

Hoping for a repeat of 2000. 

[coin.princess]

Guys what happened with the Lamborghini that could be won? Is the promotion finished?

It looks like the Lamborghini promotion is back on track. Or at least has been announced again.
I thought the draw was in December, so it's just a matter of holding out for everyone. Incidentally, I have no ticket myself.

[aomakun]

On which moment does Stake.com asks for KYC ?

[xxjumperxx]

On which moment does Stake.com asks for KYC ?

I havent had stake even mention KYC to me...

I think a KYC can be requested if there is doubt that the account is yours..

[xandry]

On which moment does Stake.com asks for KYC ?

I think at least a couple of years ago. I found a quote with this rule in theirs terms of service:

Terms Of Service


6. KNOW YOUR CUSTOMER (“KYC”)

Stake reserves the right, at any time, to ask for any KYC documentation it deems necessary to determine the identity and location of a User. Stake reserves the right to restrict service and payment until identity is sufficiently determined.

The text has been amended as follows:

6. Know your Customer (“KYC”)
Stake reserves the right, at any time, to ask for any KYC documentation it deems necessary to determine the identity and location of a User. Stake reserves the right to restrict the Service, payment or withdrawal until identity is sufficiently determined, or for any other reason in Stake’s sole discretion. Stake also reserves the right to disclose a User’s information as appropriate to comply with legal process or as otherwise permitted by the privacy policy of Medium Rare N.V. (owner and operator of Stake), and by using the Service, you acknowledge and consent to the possibility of such disclosure.

https://stake.games/policies/terms

[Stunna]

We will be making a statement within the next 24h regarding how we will handle the US election settlement. As noted we need to take our time to get this right.

[xxjumperxx]

We will be making a statement within the next 24h regarding how we will handle the US election settlement. As noted we need to take our time to get this right.

Thank you for this message.
Excited to see how stake will handle these bets.

[scammed-by-nitro]

I cant even make 6$ bets .

Stake has become a real joke. I understand personal limits to some degree but max bet exceeded while betting 0.00046 btc, wtf???

https://ibb.co/3BbtjRC
https://ibb.co/3Ybts8W

PS: Limit for this bet for me was 0.0001, hahahahahaha.

[Haunebu]

We will be making a statement within the next 24h regarding how we will handle the US election settlement. As noted we need to take our time to get this right.

Seriously? Way too slow guys. It's already been a while since the entire world learnt about the new 46th POTUS, but you still need 24 hours. Georgia is basically Biden's at this point which would put him over 300 votes.

Biden will still win by a decent margin even if he loses Arizona though I doubt this would happen.

Yes looks like Biden won, but this isnt over and this will continue to go on.

Hoping for a repeat of 2000. 

Lol. It's over and the facts won't change just because you Trump supporters are in denial. It's a miracle that such an absolute idiot was elected as President for a single term. Accept the result and move on.

[gadado]

On which moment does Stake.com asks for KYC ?

I think at least a couple of years ago. I found a quote with this rule in theirs terms of service:

Terms Of Service


6. KNOW YOUR CUSTOMER (“KYC”)

Stake reserves the right, at any time, to ask for any KYC documentation it deems necessary to determine the identity and location of a User. Stake reserves the right to restrict service and payment until identity is sufficiently determined.

The text has been amended as follows:

6. Know your Customer (“KYC”)
Stake reserves the right, at any time, to ask for any KYC documentation it deems necessary to determine the identity and location of a User. Stake reserves the right to restrict the Service, payment or withdrawal until identity is sufficiently determined, or for any other reason in Stake’s sole discretion. Stake also reserves the right to disclose a User’s information as appropriate to comply with legal process or as otherwise permitted by the privacy policy of Medium Rare N.V. (owner and operator of Stake), and by using the Service, you acknowledge and consent to the possibility of such disclosure.

https://stake.games/policies/terms

The big question now is only at what amount or at what time does Stake decide to request these documents? It doesn't seem to me that it is completely random.

[xxjumperxx]

We will be making a statement within the next 24h regarding how we will handle the US election settlement. As noted we need to take our time to get this right.

Seriously? Way too slow guys. It's already been a while since the entire world learnt about the new 46th POTUS, but you still need 24 hours. Georgia is basically Biden's at this point which would put him over 300 votes.

Biden will still win by a decent margin even if he loses Arizona though I doubt this would happen.

Media doesnt elect and announce Presidents
A little school lesson

Yes looks like Biden won, but this isnt over and this will continue to go on.

Hoping for a repeat of 2000. 

Lol. It's over and the facts won't change just because you Trump supporters are in denial. It's a miracle that such an absolute idiot was elected as President for a single term. Accept the result and move on.

Again, Media doesnt announce Presidents, he isnt the President yet.
Oh and Dems can accuse (see 2016),
God you are delusional  

[Hybridverse]

"Before settling the markets, we must therefore wait for clarity around ongoing vote counts, recounts and any potential legal challenges to the results." Betfair latest statement.

Is obvious that the election is still pending, reason why only the Media is pushing this narrative but Betfair, unlike 2012 and 2016 aren't following the media in 2020 because they clearly know that this is far from over and that there are too many facts that need to be clarified by proper authorities and not the media before concluding. This is very important to understand and very delicate so I look forward to a transparent, factual and legal approach by Stake


https://betting.betfair.com/politics/us-politics/us-election-betfair-market-settlement-latest-051120-204.html

[xxjumperxx]

"Before settling the markets, we must therefore wait for clarity around ongoing vote counts, recounts and any potential legal challenges to the results." Betfair latest statement.

Is obvious that the election is still pending, reason why only the Media is pushing this narrative but Betfair, unlike 2012 and 2016 aren't following the media in 2020 because they clearly know that this is far from over and that there are too many facts that need to be clarified by proper authorities and not the media before. This is very important to understand and very delicate so I look forward to a balanced and transparent approach by Stake


https://betting.betfair.com/politics/us-politics/us-election-betfair-market-settlement-latest-051120-204.html

Dems dont want to hear this.
Biden, Biden my President... 

[rdbase]

"Before settling the markets, we must therefore wait for clarity around ongoing vote counts, recounts and any potential legal challenges to the results." Betfair latest statement.

Is obvious that the election is still pending, reason why only the Media is pushing this narrative but Betfair, unlike 2012 and 2016 aren't following the media in 2020 because they clearly know that this is far from over and that there are too many facts that need to be clarified by proper authorities and not the media before concluding. This is very important to understand and very delicate so I look forward to a transparent, factual and legal approach by Stake


https://betting.betfair.com/politics/us-politics/us-election-betfair-market-settlement-latest-051120-204.html

With everything that you keep posting about the betting process and procedure each and every site should take to determine the winner of the election,
have you even placed a bet on this site and on this market?
If so then by all means post a screen of it here for all to see as proof.
Much like trump needs to have proof/evidence for his case(s) to stand up in a court of law.
Do you even know what bet provider this site in question uses as a source for their decision making?
I certainly do.

[rdbase]

You are on a betting thread not in the politics section, if you want to keep posting about it then go there.
If you haven't placed a bet on the site then why are you posting on their announcement thread for?
That to me seems illogical to the extreme.
And you are speaking for others now, saying I am for media rules. I am going by what other bet providers are doing.
We are talking about the outcome solely on the what the betting odd providers declare here right?
If you don't have a bet and refuse to show proof that you have placed a bet on the site then why even comment?
This is truly absurd to be discussing this with some one who does not have any stake involved on this matter and on this site.

Here are why people want stake to settle this asap and not have it drag out due too the grasping of straws feeble attempts for keeping themselves in the white house.

As stunna has stated: it not who you wants to win, it is what the odds providers dictates who is declared as the outright winner of the market in question.


sport:808680
I will ask once again:
Do you know which odds providers they use? Clearly you haven't been on stake for a lengthy amount of time.
Because from what you are posting, you are clearly stating they will be going with whatever betfair uses.
Which as far as I know is wrong.

[xxjumperxx]

I have placed a bet on Trump on Stake and I am all for a FAIR grading of the bet.
Only because the media announced Biden to have won doesnt change the fact that the media does NOT decide who the winner is...

And the comment reaching for straws, just look at the year 2000, ring a bell, Al Gore and Bush?
Al Gore was announced the Winner by the media but Supreme Court overturned the decision and guess who became President. Oh yeah Bush.

So the bet clearly states, next president, which does not mean whoever gets announced President by the Media.
The next president is who the Electoral College deems President and that Decision has not happened, therefore the bets should not be graded...

Whoever bet and now wants to have their Biden Bets graded should have thought about what they are betting on, it has not been declared and therefore cannot be graded.

I wont post my bet, because a) none of your business b) I have posted on here plenty of times and am an active bettor on Stake.