Can you pass stakes proof of income verfiication?

[swogerino]

If I understand correctly, the OP meant who managed to provide documents about their income in accordance with the list. which have been verified by stake. For example, I don't have such a need since I play on stake.com only by what I get from the signature campaign.

I do the same and I also play with deposited money of my own but since stake is well known to have whales at VIP levels IV which have wagered a huge amount for these persons sure they need KYC and proof of income as it is natural for any entity,in this case stake casino to have doubts that maybe money laundering is taking place through their website and they don't want to have legal problems with the law because of such happenings.

Most likely these whales always have a solid proof of income verification which entitles them to keep playing there at these high levels,some wager more than 100.000 dollars daily there so for this it is an absolute necessity to have proof of income.

[ralle14]

I voted not sure since I don't think I could pass the verification if Stake suddenly requires that personal information right now but I'll probably pass it in the future if my account somehow reaches that point.

If I understand correctly, the OP meant who managed to provide documents about their income in accordance with the list. which have been verified by stake. For example, I don't have such a need since I play on stake.com only by what I get from the signature campaign.

It still depends because even if you're only putting in a small deposit you could still trigger their KYC if you suddenly get a big win. The chances for this to happen are very low but it can still happen so it doesn't hurt to prepare.

[QueenVera]

Based on your question, I guess you're asking if we have any of the listed documents for presentation at stake.com for proof of income verification if yes then yes I have over three of the listed documents for presentation if the need arises some day.
But from my perspective, I really don't see any reasons for all this long proof of income verification bevaue one can still show you a nice proof of income for verification and still end up Indulging in a whole lot of criminal activities on the site and because he has proven and passed his proof of income verification, automatically he wouldn't be noticed because a prove of income verification has been successfully done and all transactions under such a user might be tagged pure.

[Darker45]

I'm afraid I won't pass this proof of income verification. I'm living on savings. If I provide proofs of my weekly salary it might not be accepted as well since it is not in the form of bank statement indicating receipt of my salary. I don't have a payslip, either.

This is exactly the same thing that I am having a hard time whenever the bank asks for an update on my account. I cannot provide them official documents that support my money.

[Bitinity]

If I understand correctly, the OP meant who managed to provide documents about their income in accordance with the list. which have been verified by stake. For example, I don't have such a need since I play on stake.com only by what I get from the signature campaign.

I do the same and I also play with deposited money of my own but since stake is well known to have whales at VIP levels IV which have wagered a huge amount for these persons sure they need KYC and proof of income as it is natural for any entity,in this case stake casino to have doubts that maybe money laundering is taking place through their website and they don't want to have legal problems with the law because of such happenings.

Most likely these whales always have a solid proof of income verification which entitles them to keep playing there at these high levels,some wager more than 100.000 dollars daily there so for this it is an absolute necessity to have proof of income.

VIP Level can be achieved without being a whales, means that VIP level IV is not always a whale. Some normal people can reach this level within years by betting small amount as long as they play regularly. Imo Proof of Income verification has nothing to do with VIP level, it is more about how much a players spend (deposit/withdraw). A new user can be asked to verify proof of income if there is something suspicious. By the way, looking at the list of accepted document for proof of income. I my self believe that I can verify proof of income because I own betslip, but I will never do it because I do not want to reveal my real name, the company name where I work, etc.

[robelneo]

I can pass on their two requirements because it can support the amount of money I wager on all the casinos I'm playing not really a high roller player I understand that this is for the last 6 months, I just sold a property three months ago so it's still qualified as part of the document, but if your main source of income is bounty or projects from Cryptocurrency, you will have a hard time because they only accept mining, I hope they added more options for online Crypto free lancers.

Salary ( You will need to send us a recent bank statement indicating receipt of your salary or the original of your payslip )
Sale of property ( You will need to send us a copy of the contract of sale and a bank statement showing the proceeds of the sale )

[Wexnident]

That's a relief for signature participants. Those who earn from other campaigns or some who are just trading may just have some problems with this. But like usual, they may just ask for the source of funds for those high rollers.

They're not asking just the KYC this time. Stake asking all these means other casinos will also do. Only the DEXes don't require documents.

I'd actually think it's more of just a proper source as to where the funds actually came from (except for casino wins as OP's words) and KYC only came as a side thing since it's needed to verify whether the source of funds you actually sent was legal and properly tied to an identity. I guess it's their own method of guarding against money laundering or something similar.

winning funds from another casino is not acceptable

That means the casino where you won those funds will ask for the source of funds from you. Maybe Stake will consider it if you show it to them.

I actually think it's allowed, I never really saw in OPs post where it said that casino winnings weren't allowed. I mean technically it should fall under to something similar to lottery winnings, and as indicated, users just need to show proof of their deposit as well as source for said deposit which is enough imo.

[aioc]

I'm not sure what Stake's income verification requirements are, but I assume that most people would be able to pass them.  They aren't there to try and scare players away.  They're there to make sure the casino can still continue operating legally.  I'm sure a couple of paycheck stubs or bank account screenshots would probably do the trick, but who knows.  Nowadays some places want multiple years of tax returns and proof of residence.  As others have stated though, this is for the big boys with a lot to gamble.  I don't think they're harassing users who bet a few dollars a week for the fun of it.

And yet many of us here picked that they are not sure if we can pass the proof of income verification there are a lot of options and you only need to pass one but if you have spent a lot of money and you can not back it up with documents they allow then that's the time that you will be in trouble so its best to always play with money that you can back up not only money that you can afford to lose.


yes   - 6 (46.2%)
no   - 2 (15.4%)
not sure   - 5 (38.5%)
I don't gamble but want to see the results   - 0 (0%)

[Reid]

the poll is to check if real gamblers can pass the proof of income at stake and other casino's
here is the requirements:
https://help.stake.com/en/articles/5328395-acceptable-documents-for-source-of-funds
winning funds from another casino is not acceptable

The salary option to pass the proof of income verification might be the simplest on those listed. That's if you have a job on a company. But I have experienced flexible KYC companies that accepts proof of income from freelancers too, like me. All they need are paperworks, withdrawal amounts, anything near on how you made that money as long as it's legal.
It's a very different world now and lots of people are doing their own small business.
IMO, this is just formality, they don't want to be messing around and them being punished when proven about money laundering.

[coin-investor]

My salary alone from my offline is just enough to cover my bankroll plus my income from the signature campaign, gamblers of Stake.com should understand that Stake is a fully compliant casino and if you're going to have a huge bankroll you should be aware of what they are going to ask in case they ask you to verify your account, this condition also applies to every casino that you are going to play, it should be 20 to 30% of your salary if you pick coming from your salary.

[roslinpl]

I had other works offline apart from the forum. I am receiving decent salary from my offline job. So I feel it’s enough to enroll in bank account. When the account is salary account, they won’t investigate your salary account because you get certain amount every month. And you will hold certain part of salary to use on gambling. Playing gambling will allow to earn more. So it’s easy take that balance to the bank accounts and use for our personal expenses. When we had regular salary we can use this for the gambling and for the longer period. It’s easy to earn good money from the gambling with certain period of time.

[wiss19]

I'm afraid I won't pass this proof of income verification. I'm living on savings. If I provide proofs of my weekly salary it might not be accepted as well since it is not in the form of bank statement indicating receipt of my salary. I don't have a payslip, either.

This is exactly the same thing that I am having a hard time whenever the bank asks for an update on my account. I cannot provide them official documents that support my money.

I think many of us can relate when it comes to this matter. We usually lack documents therefore the things that we do are only limited. The only documents that most of us have are the very basic ones but anyway I think this proof of income from stake is not mandatory so stake players shouldn't worry. What I know is that this are only needed for higher levels of KYC verification.

We can still pass the first or second level by submitting basic documents. Again this isn't mandatory. This is the good thing about stake but we must only be careful when depositing and winning big amounts because that maybe be the time they will ask about it.

[Johnyz]

I had other works offline apart from the forum. I am receiving decent salary from my offline job. So I feel it’s enough to enroll in bank account. When the account is salary account, they won’t investigate your salary account because you get certain amount every month. And you will hold certain part of salary to use on gambling. Playing gambling will allow to earn more.

Having your real job can make things easy for you especially on providing such documents, and if its ok for you then why not.
Many are just having profit from crypto, and if a site still asking for some proof of income hopefully those site will always accept a proof of account here in cryptomarket, either an exchange account or just a wallet details, because if they will not accept it then how a crypto enthusiast will pass those verification, maybe they have to consider this.

[bitbollo]

anyone with a salary paid through a bank account is able to pass such a check.
(more or less all bettors in western countries who have a more or less stable job).
Obviously if you bet 100K usd and receive 500usd per month it's really difficult, indeed impossible to overcome it.

Since we are talking about a site that manages cryptocurrencies, a "proof of bitcoin purchase", for example from a bank statement, would also have been interesting.
Additionally, I believe winning from another (reputable) casino should be included.

I don't know how such a thing can be proven legally.

A Gift from a family member or close relative ( You will need to send us a donor's letter explaining the reason for the gift and the source of their wealth. Also, we will require certified identification documents from donor )

Do you need a notary who certifies the donation? It's ok a letter with documents from donor?

[Saisher]

the poll is to check if real gamblers can pass the proof of income at stake and other casino's
here is the requirements:
https://help.stake.com/en/articles/5328395-acceptable-documents-for-source-of-funds
winning funds from another casino is not acceptable

I have two documents that I can submit and pass their proof of income verification, salary, and salep property if they asked me today to undergo proof of income verification, there are a lot of ways to prove it but its best to always have a business or a job outside of Cryptocurrency if you are going to gamble because if all of your income comes from the bounty campaign it will be denied and you will fail the verification.

[Plaguedeath]

if all of your income comes from the bounty campaign it will be denied and you will fail the verification.

Is there any proof to back up your words? what if the gambler is gamble on stake and the funds come from stake campaign? obviously they're know how long their campaign will last and he wouldn't lie about it. Having a job in your country doesn't always mean his job is fixed and he's also genuine to report his income because he could fake the proof easily.

Although many users will doubt if Stake will ask for low amount money, but there's a chance if the system trigger false positive.

[fortunecrypto]

All the requirements are good and complete, you can pass any of these as long as it did not exceed your bankroll if you have a big bankroll or wage a big amount of money, if you're going to play be sure you read this first because there's a time limit on all
these documents and be sure you have a job so you can sustain your gambling session and gamble within your means.

All documents must be issued within the last 6 months and need to be in Latin international format

[ethereumhunter]

And yet many of us here picked that they are not sure if we can pass the proof of income verification there are a lot of options and you only need to pass one but if you have spent a lot of money and you can not back it up with documents they allow then that's the time that you will be in trouble so its best to always play with money that you can back up not only money that you can afford to lose.

Maybe they don't know whether they can pass income verification because many play crypto gambling to find fun. And we really have to be able to play using the money we can afford to control everything properly. And to verify that, if we've only been playing with small money all this time, it's likely that the casinos won't mind either because we're not gamblers playing with big money. But indeed, we must be prepared if the casino asks or asks us to verify our income. But let's hope we won't be asked to do so.

[coinerer]

Here a bank statement of money received from any medium is required for account verification.  But first of all I do not support it and I will not give my bank statement to any gambling site.  Because if these documents are sold in places like Darkweb.  My bank account may attacked by a powerful hackers .  But if I go to a trusted site to gamble and have a large fund deposited there, then if they don't allow me to withdraw that fund without proof of income, then I will be forced to do so.  So I'm not sure if I'll do it or not it depends on the casino's reliability

[Yatsan]

And yet many of us here picked that they are not sure if we can pass the proof of income verification there are a lot of options and you only need to pass one but if you have spent a lot of money and you can not back it up with documents they allow then that's the time that you will be in trouble so its best to always play with money that you can back up not only money that you can afford to lose.

Maybe they don't know whether they can pass income verification because many play crypto gambling to find fun. And we really have to be able to play using the money we can afford to control everything properly. And to verify that, if we've only been playing with small money all this time, it's likely that the casinos won't mind either because we're not gamblers playing with big money. But indeed, we must be prepared if the casino asks or asks us to verify our income. But let's hope we won't be asked to do so.

I agree, this might only promote discrimination in this industry. Not all gamblers are willing to lose huge amount of money and for sure there are players who are here just to kill time and not to dream of being rich.

Here a bank statement of money received from any medium is required for account verification.  But first of all I do not support it and I will not give my bank statement to any gambling site.  Because if these documents are sold in places like Darkweb.  My bank account may attacked by a powerful hackers .  But if I go to a trusted site to gamble and have a large fund deposited there, then if they don't allow me to withdraw that fund without proof of income, then I will be forced to do so.  So I'm not sure if I'll do it or not it depends on the casino's reliability

Online gambling industry is under web 3.0 and that means decentralization is being supported here. And such thing would only complicate things. How would it be decentralized if wallets would be monitored in particular with gains? Gambling sites has nothing to do with players' earnings. And if they do, they should also mind the losses to be equal 'coz if they are only after gains to allow a player to continue, they are nothing less than government of different countries.

Last thing. There are players who are playing on multiple gambling sites. That would be a lot of work on their end to verify whether announced values are legitimate or not. They should rather focus on improving the ',game' than to look into such thing players won't comply.