Stake.com not paying out my money

[LEVSKI7]

https://igamingbusiness.com/legal-compliance/frankfurt-court-orders-online-casino-to-refund-player-e26000/ 
Many courts have ruled in favor of consumers. From a legal point of view stake are in violation

[Maasdamer]

It is up to stake to verify customers to make sure they are actually from where they say they are. They had no verification process at the time i was a member. Eddie also preached it was fine to open an account with them by using a VPN from Australia, as well as many streamers stake employ.

They legal issue is they have profited from money that's come from Australia, which is against their license and therefore cannot profit from this money. It's got nothing to do about a free roll. It's the fact they misguiding customers to bet with them when they weren't licensed or regulated in those countries, therefore they have broken many laws and are not entitled to those funds and they should be void back to the original source.

It's going to take me successfully proving this in court to prove my point. Then that's when stake are going to have A LOT of problems going forward. I hope Eddie hasn't spent all the unlawful money he has taken from unlicensed countries on his mansion. He may find he has to pay a lot of it back soon from people from those countries who have been misguiding and when these countries investigate it.

You have to look at this from a legal standpoint, which a lot of people are failing to do. As you are pro crypto casinos.

Following this thread, I am also not a big fan of stake. They put a lot of lies out there and I called them out for it several times.
But, I have a question for you. If you were up, would you make this accusation and give the money back which you unlawful won? Could you show us, when was your last withdrawal? When were your last deposits? This would also silence some doubters here.

Good luck with your lawsuit!

[Maasdamer]

If they had successfully verified customers at the time i was a member, there would be no issues and this wouldn't exist. We all know exactly why they turned a blind eye and didn't verify... because they were picking up customers they otherwise wouldn't have and they were free rolling people. The people who did win big they would put them on withdrawal mode and cancel bets, those losing however. They just ignore the fact you are from an unlicensed country.

It's great i am getting people PMing me and sharing their experiences. I welcome it and any other evidence people can provide me helps

You answered without answereing 1 single question I asked.
When was your last deposit and withdrawal? Also, when did you make your last bets?
Both replies with screenshot, otherwise it's not real proof.
The is essential to your credibility.

[Maasdamer]

If they had successfully verified customers at the time i was a member, there would be no issues and this wouldn't exist. We all know exactly why they turned a blind eye and didn't verify... because they were picking up customers they otherwise wouldn't have and they were free rolling people. The people who did win big they would put them on withdrawal mode and cancel bets, those losing however. They just ignore the fact you are from an unlicensed country.

It's great i am getting people PMing me and sharing their experiences. I welcome it and any other evidence people can provide me helps

You answered without answereing 1 single question I asked.
When was your last deposit and withdrawal? Also, when did you make your last bets?
Both replies with screenshot, otherwise it's not real proof.
The is essential to your credibility.

Sure thing i can do that for you.





I don't really know how it shows im credible or not? It just shows i am a past stake customer but nonetheless i have done what you asked.

Actually, all picturesdont show too much.
And picture number one does not show these are your recent deposits. Scroll down to show there was the "previous" button is grey and not white, so it shows it is actually page 1, like here.

https://imgur.com/a/30N6F5c

And, I didn't ask for your wins/losses site, but for the site where you can see your last bets. Also scrolled down so we can see it's the first page.
This proves you didn't make deposits/withdrawals/bets after knowing you are not allowed to play.
Actually it is already proved you did deposit after since your conversation in the chat was in May and your last deposit was from October.

As an alternative you can request your statistice , like on picture 3, to your email. This would at least prove you did not play in the past 30 days.

[Maasdamer]

That proves a lot more. We had people here making claims even though they just recently lost and everything. So we have to be careful who to support and listen to.

And like I said, it is nothing personal. I am also no friend of stake, not at all. But losing money and then saying I did not know, and request the money back is quite a big ask here.

[coolcoinz]

I wanted to give you a chance and defended you at first, but you're making it difficult.

We are talking hundreds of thousands of dollars that was deposited and they were 100% aware of this.

So, hundreds of thousands and all you post as proof of that is:

So, you've wagered
$300 BTC
$16k doge
$300k EOS

That doesn't tell us anything. Let's use EOS as an example, because it is the one you've wagered the most.
Based on the number of bets, your average bet was worth $3,5 and the win to loss ratio was 50%, so you could've deposited $50, which would have given you 14 rolls and kept auto betting with $3.5 85k times and end up with that number. This is not a proof of your deposits and (unless I missed something) you've failed to provide us with any proof that Stake owes you anything. You claim this is hundreds of thousands, but I haven't seen any proof that you've deposited more than $100 on their platform. Why do you hide the deposited amounts? Are you afraid we'll see that you were sending $10 worth of crypto and stop taking you seriously?

Also, you need to learn how to take screenshots. It's a useful skill

[AHOYBRAUSE]

Oh, we have updates here. 

Good observation coolcoinz!

On a 50% win ratio, considering house edge, it would be easy to wager 300k on a 3-5k loss, that’s it.
Unless all his wins are on small bets and all losses are on high amount bets, but who would bet like this .

Anyway, the numbers provided here don’t add up with "hundreds of thousands stolen“.

One thing we have to take into account though. The crypto price could have been higher back when he made his deposits. Still, the 50% win rate is what makes it a little strange to claim he lost that much.

[TwitchySeal]

You're not going to get your losses refunded so quit wasting your time.

Morally, legally, logically, you are not owed anything.  How much you wagered doesn't matter.  What you're trying to do is free roll the casino.  You gambled and lost.  If you would have won, you would have been paid.  When you did win you were paid.  In the end, you lost overall.  They didn't take your money, you gambled it and lost.  

Imagine if all you had to do to get your losses refunded from Stake is play from a prohibited jurisdiction.  Think of how many players would be lining up with their hand out.  They'd go broke.

Obviously they aren't broke, which means you're wasting your time.

[LalaLina69]

You're not going to get your losses refunded so quit wasting your time.

Morally, legally, logically, you are not owed anything.  How much you wagered doesn't matter.  What you're trying to do is free roll the casino.  You gambled and lost.  If you would have won, you would have been paid.  When you did win you were paid.  In the end, you lost overall.  They didn't take your money, you gambled it and lost.  

Imagine if all you had to do to get your losses refunded from Stake is play from a prohibited jurisdiction.  Think of how many players would be lining up with their hand out.  They'd go broke.

Obviously they aren't broke, which means you're wasting your time.

You are obviously a stake dick rider- I can guarantee you one thing, if OP has PROOF that stake allowed him to play from a BANNED jurisdiction- stake has NO choice but to refund him/her or else OP can file a lawsuit with their licensing body and stake will be fucked.

Maybe do some research before you talk.

[UwUSports]

Stake just updated their TOS today. It's not far fetched to think something like this can happen.

[UwUSports]

Stake just updated their TOS today. It's not far fetched to think something like this can happen.

Do you know what the specific changes were?

Nah i'd have no idea

[BenCodie]

I am not spouting nonsense at all whatsoever.
The reason I am here is because stake complaints and legal have blatantly just ignore my correspondence. So I have had to try get in contact with management in other ways so that hopefully if they are as reputable as you say my issues are resolved with them.

You need to post a lot more details in order for your thread to be taken seriously, such as:
- A full recount of the situation
- Any things that you may have done to violate the terms of service
- How the funds were confiscated (was your account banned, asked for kyc, denied after submitting kyc etc)
- How much was stolen (total balance)
- How much was initially deposited
- All of your attempts and records to contact support

Every detail will help the community to help you. Put these details in the original post. The more credible your claim, the more likely someone can advise you, or the platform will help you...However in saying that, there are many claims against unfair practice from Stake, so I would not get your hopes up on getting your funds back.

[robelneo]

Stake can simply repay the money and the issue is resolved. However, as they have been getting away with this, they think it isn't a big issue. Well I have news for them. It's about to be a very big issue for them.

Well bring it on if you think that you have a chance, or do you just want to make it appear that you are confident that you can win and you want to show Stake that you can win, we've been telling you that your case will not prosper and you have no right to ask for your money because you lose your money from betting, you are just an irresponsible gambler who cannot take his losses.

Still, a corrupt attorney will take your case because they can make money from your being gullible.

[AHOYBRAUSE]

I am not spouting nonsense at all whatsoever.
The reason I am here is because stake complaints and legal have blatantly just ignore my correspondence. So I have had to try get in contact with management in other ways so that hopefully if they are as reputable as you say my issues are resolved with them.

You need to post a lot more details in order for your thread to be taken seriously, such as:
- A full recount of the situation
- Any things that you may have done to violate the terms of service
- How the funds were confiscated (was your account banned, asked for kyc, denied after submitting kyc etc)
- How much was stolen (total balance)
- How much was initially deposited
- All of your attempts and records to contact support

Every detail will help the community to help you. Put these details in the original post. The more credible your claim, the more likely someone can advise you, or the platform will help you...However in saying that, there are many claims against unfair practice from Stake, so I would not get your hopes up on getting your funds back.

If you read the thread you could have saved yourself the time and know his funds were not confiscated or stolen.
There is no money they are "not paying them".

He just lost them and now wants them back because he played from a restricted area, basically you could say he is trying to freeroll them.

If he would have won this thread and all the countless double posts would not exist.

[coolcoinz]

First of all, eos/doge was much higher than you have calculated as you are comparing it to its current price (big mistake)

(...)

Here are a list of deposits for your reference, since i apparently potentially made a few deposits. Please also look at the price of eos in 2021.

That's a good one!
You don't want the casino to give you back the coins that were deposited. You want them to return the Australian Dollar value of EOS from 2021.
What do you think a casino is? Some kind of a savings account that retains the value of your crypto for you?
On top of that, when asked for proof of your deposits you show a spreadsheet that you made.

[AHOYBRAUSE]

First of all, eos/doge was much higher than you have calculated as you are comparing it to its current price (big mistake)

(...)

Here are a list of deposits for your reference, since i apparently potentially made a few deposits. Please also look at the price of eos in 2021.

That's a good one!
You don't want the casino to give you back the coins that were deposited. You want them to return the Australian Dollar value of EOS from 2021.
What do you think a casino is? Some kind of a savings account that retains the value of your crypto for you?
On top of that, when asked for proof of your deposits you show a spreadsheet that you made.

In his defense, the spread sheet is what you get when you request a list of your deposits to your email address on the stake website. He didn't make this himself.

About the rest, I couldn't agree more.

[BenCodie]

I am not spouting nonsense at all whatsoever.
The reason I am here is because stake complaints and legal have blatantly just ignore my correspondence. So I have had to try get in contact with management in other ways so that hopefully if they are as reputable as you say my issues are resolved with them.

You need to post a lot more details in order for your thread to be taken seriously, such as:
- A full recount of the situation
- Any things that you may have done to violate the terms of service
- How the funds were confiscated (was your account banned, asked for kyc, denied after submitting kyc etc)
- How much was stolen (total balance)
- How much was initially deposited
- All of your attempts and records to contact support

Every detail will help the community to help you. Put these details in the original post. The more credible your claim, the more likely someone can advise you, or the platform will help you...However in saying that, there are many claims against unfair practice from Stake, so I would not get your hopes up on getting your funds back.

If you read the thread you could have saved yourself the time and know his funds were not confiscated or stolen.
There is no money they are "not paying them".

He just lost them and now wants them back because he played from a restricted area, basically you could say he is trying to freeroll them.

If he would have won this thread and all the countless double posts would not exist.

I understand that, however he should still update the OP with all of the information because he still has a valid complaint. If Stake want to ban Australian players, they should have stringent policies to stop them from playing...and if they allow them to use VPNs (or in fact endorse them as stated in this thread) then they are legally liable to be accountable for that. While there are many people bashing this player, there is a genuine argument here, and he should still update the OP with the full extent of the story for recording purposes.

First of all, eos/doge was much higher than you have calculated as you are comparing it to its current price (big mistake)

(...)

Here are a list of deposits for your reference, since i apparently potentially made a few deposits. Please also look at the price of eos in 2021.

That's a good one!
You don't want the casino to give you back the coins that were deposited. You want them to return the Australian Dollar value of EOS from 2021.
What do you think a casino is? Some kind of a savings account that retains the value of your crypto for you?
On top of that, when asked for proof of your deposits you show a spreadsheet that you made.

EOS is an asset. The amount of EOS to be returned (if ever) should be the same amount. If 1,000 EOS is the amount, 1,000 EOS should be returned. I agree that market value is irrelevant when it comes to a refund, unless the asset is converted upon deposit (which it isn't on most sites).

It is up to stake to verify customers to make sure they are actually from where they say they are. They had no verification process at the time i was a member. Eddie also preached it was fine to open an account with them by using a VPN from Australia, as well as many streamers stake employ.

They legal issue is they have profited from money that's come from Australia, which is against their license and therefore cannot profit from this money. It's got nothing to do about a free roll. It's the fact they misguiding customers to bet with them when they weren't licensed or regulated in those countries, therefore they have broken many laws and are not entitled to those funds and they should be void back to the original source.

It's going to take me successfully proving this in court to prove my point. Then that's when stake are going to have A LOT of problems going forward. I hope Eddie hasn't spent all the unlawful money he has taken from unlicensed countries on his mansion. He may find he has to pay a lot of it back soon from people from those countries who have been misguiding and when these countries investigate it.

You have to look at this from a legal standpoint, which a lot of people are failing to do. As you are pro crypto casinos.

Take them to court and get your money. If you have legal advice, then pursue. What is stopping you?

[aioc]

Take them to court and get your money. If you have legal advice, then pursue. What is stopping you?

I don't think this guy is serious he just wants to create FUD he keeps posting about getting a lawyer and charging Stake in court, his action betrays him if he is serious he will post proof that he is serious like proofs of documents charging Stake.com.
He is just all talks and no action he can go on like this for months and we will not see a single document that will prove that he really charges Stake in court.

[BenCodie]

Get a lawyer and that. In principle, the user is not subject to sanctions if he plays on unlicensed sites, there must be a sanction from the state for the stake. And they will condemn them for a lot of money, and the user will get his money back

How sure you are of that, so if a guy plays in an unlicensed site and he loses money then he has the right to get a refund?
Going back to the topic we have established that OP just wants a free roll he is not ok losing money because, in the first place, he should not be playing here.
He picks a casino to play in this case Stake, he bets, he loses then he wants a refund, logic tells us it is your fault but if you want to go to court a cunning attorney will make you his cash cow for believing you have a case.
I think you hate OP that is why you encouraging him to get an attorney to sue because we all know it's a lost cause.

As hard as it is to believe, the OP does potentially have a strong/winnable case. If it can be proven that the Co-founder/founder of Stake, Edward/Stunna, has been condoning/encouraging the usage of VPN to those who are using the Stake platform, then Kingrojie will likely win in court and Stake/Edward will likely face a penalty for the misconduct.

While I agree that it is a free-roll for Kingrojie, it's a free roll that was enabled by Stake and their own (supposed) misconduct. If Kingrojie has the resources, the proof, the case and the attorney to win in court, then why shouldn't he go for it?