Is Stake Casino Legit? Stake Review and Verdict 2023
- Generous loyalty scheme with weekly rewards and racebacks
- Special promotions with no wagering requirements
- Instant payouts
- High deposit and withdrawal limits
- Availability of sports betting section
- Straightforward navigation
- Massive game collection
- Lack of welcome bonus
- Fees during the withdrawal process
- Absence of fiat currencies
- Complicated KYC procedure
Year Founded In:2017
Banking Available:Bitcoin, Ripple, Litecoin, Ethereum, Dogecoin, Tron, BNB, Tether
Payout Speed:Up to one hour
Gamblers are always on the lookout for places to spin the reels and play table games that can offer convenient gameplay with many benefits. But on the Internet, customers may encounter scams more often than reliable gambling destinations. Stake casino is an establishment that openly declares its legality and trustworthiness. By reading the Stake review, punters can find a lot of pieces of evidence confirming their numerous advantages, such as a massive game library, a wide variety of promos, straightforward registration, and others.
But are these indicators valid or falsified? To get an answer to this question, is Stake legit or not, we have gathered today in the courtroom. The judge must hear all the arguments of the prosecutor and defendant parties and analyze the evidence. Finally, the judge and jury must listen to the testimony and pass judgment on this Stake crypto casino. This decision will determine whether newcomers can start gambling here. Calling case of Gamblers of the United States versus Stake Casino. Are both sides ready?
Opening Statements for Stake Casino Review Case
The establishment appeared on the market in 2017. This platform only works with cryptocurrencies like Bitcoin, Litecoin, and others. Medium Rare N.V. manages this brand and provides stable operation and complete platform protection. Thanks to the operator’s efforts, the site created a unique atmosphere that attracts many people to Stake gambling here.
This venue can offer its players plenty of exciting features, such as a generous VIP program, an easy-to-use interface, compatibility with portable devices, a vast selection of payment methods, and so on. It holds all the necessary documents confirming its legality. Stake gaming platform operates under the regulation of Curacao iGaming Authority. This license allows working in other jurisdictions. Below, in this Stake.com review, gamblers will hear the arguments of both parties.
Stake Personnel File
|Year Founded In||2017|
|Software||iSoftBet, NetEnt, Pragmatic Play, Red Tiger Gaming, Spinomenal, Playson, Endorphina, Belatra|
|Provably Fair Games||Yes|
|Available Games||Slots, progressives, table games, live casino, video poker|
|Banking Available||Bitcoin, Ripple, Litecoin, Ethereum, Dogecoin, Tron, BNB, Tether,|
|Payout Speed||Up to one hour|
|Supported Fiat Currencies||No|
|Supported Cryptocurrencies||Bitcoin, Litecoin, Tether, Ethereum, BTC cash, Ripple, Dogecoin, Tron, BNB|
|Restricted Countries||Iran, North Korea, Syria, Czech Republic|
|Welcome Bonus and Offers||No|
|Customer Support||Live chat and email,|
Prosecutor Word: Stake Cons
At the start of the lawsuit, a summary of the main features of this casino was read out. Now the word is passed to the prosecutor. At first glance, it may seem that the gambling platform has only advantages and no disadvantages. Stake casino has specific weaknesses that can spoil the site’s impression and the gaming process. Below, the judge and jury can find out this establishment’s main drawbacks.
- Lack of welcome bonus.
- Fees during the withdrawal process.
- Absence of fiat currencies.
- Complicated KYC procedure.
As you can see above, this establishment has certain drawbacks that can make a negative impression during the gameplay. That is why the prosecutor advocates not granting legit status to this platform.
Defense Word: Stake Pros
The defendant party seeks to come up with counterarguments. Several shortcomings have been noted in this and other Stake casino reviews that can complicate the gaming process. In fact, this venue offers plenty of benefits, which can offset all the disadvantages described above. Below, you can see the main advantages.
- Generous loyalty scheme with weekly rewards and racebacks.
- Special promotions with no wagering requirements.
- Instant payouts.
- High deposit and withdrawal limits.
- Availability of sports betting section.
- Straightforward navigation.
- Massive game collection.
After reviewing the main positive aspects of the platform, customers can conclude that the benefits cover all the drawbacks entirely. In case of a negative gaming experience, players can always take advantage of the permanent bonus and try their hand at another game.
Evidence #1: Stake Promo Codes
After hearing the arguments of both sides, the prosecutor and the defendant, the judge and the jury can proceed to the analysis of the evidence. Careful examination of all the facts is one of the determining aspects of answering the question is Stake.com legit or not. The judge and jury must first analyze the bonus selection on the platform. This establishment owns a massive list of permanent promotions offering bonus money, free spins, and unique prizes.
Despite the absence of a welcome bonus, gamblers can find more than ten regular promos on the site. One of the leading visiting cards of the platform is daily races. They allow customers to win $100,000 every day. All that is needed from the players is only to replenish the account on the site and spin the reels or play table games. For every bet, gamblers get points and move up the leaderboards. The promotion prize fund will be distributed among the racers who took the first 100 places.
Stake bitcoin casino holds giveaways every week among high-roller gamblers. All people who depend on reaching $1000 over time will get in the way with the opportunity to win $50000. For every $1000, punters can get one ticket. The more tickets punters own, the more chances they have of winning. The prize fund will be drawn between the ten gamblers who received the highest number.
Another excellent promotion that should be mentioned is Stake vs. Eddie. The player’s task is to reach a 250.00x multiplier. If the customers manage to do this, they will be able to receive a share of the $20,000 prize. Each week, gamblers must reach a selected score in a specific game. The minimum bet amount is 5 cents.
Stake Casino No Deposit Bonus
Newcomers will be disappointed that the site does not have a no-deposit bonus. Stake casino has created on its platform promotions only for players who regularly spin the reels or play table games. Some may think they can get a prize by using the bonus code during registration. With the promo code, players can only increase the number of bonus rewards. In addition, they are automatically entered into the sports car draw.
Stake Sign Up Bonus
In many stake.com reviews, customers can find information that the casino offers a huge welcome package immediately after the first deposit. In fact, the establishment did not create promotions dedicated to newcomers. But punters can significantly boost their bankroll through other promos, such as daily races, Stake vs. Eddie, drops and wins, casino challenges, and others.
Stake VIP Club
The casino offers its gamblers to take part in a loyalty scheme and gain advantages over other players. There are five ranks: Bronze, Silver, Gold, Platinum, and Diamond. In turn, the Platinum rank is divided into six levels. People must play on the website and earn points to achieve a new class. The system rewards customers with sweet prizes for getting a new level. In addition, VIP members can take advantage of daily, weekly, and monthly bonuses. At the highest levels, players receive a dedicated VIP host that helps manage all prizes and solve gambling issues.
Evidence #2: Stake Games
The next piece of evidence, which is no less crucial in the context of this court trial, is the game selection. Stake casino has created a massive collection of high-quality titles powered by prestigious providers such as NetEnt, Pragmatic Play, Red Tiger Gaming, Spinomenal, iSoftBet, and others.
There are more than 4000 options on the site in various categories such as slots, live casino, table games, video poker, and so on. All titles are divided into separate tabs to make it easier to find the desired game. Players can sort them alphabetically, by the provider, and by other criteria.
If gamblers don’t know what gambling option to select, they can check the New section. The game lobby is only part of the easy-to-use interface of the platform. This website has a minimalistic design dominated by dark colors. The sidecar menu allows customers to access all gaming sections, view promotions and challenges, and move to the sports betting page. The workflow is smooth and fast. Below, gamblers can find out more information about the main gaming sections.
With a detailed analysis of the Stake platform, it is also worth doing a short Stake sports betting review. In addition to the casino section, the site also has a sportsbook page where players can place a wager on their favorite sports team. The establishment makes it possible to put pre-match and in-game bets on popular disciplines, such as football, tennis, esports, basketball, and others. Apart from this, punters can also try their hands at betting on political elections or TV shows. Stake offers plenty of markets and high-quality odds to help make a profit here.
Slot machines are the most popular casino game in the world, so it is not surprising that this is the most extensive section on the platform. The establishment offers gamblers various slots with modern or classic layouts and so on. All titles have many unique features, such as bonus rounds, wild symbols, multipliers, scatters, gold coins, and others. If players want to win a lot of money, they should test their luck in progressives. Such options have no limits on winnings.
In addition to slots, there are many table games on the site, such as poker, roulette, baccarat, and others. Blackjack deserves special attention. This is one of the varieties of card games in which players do not play against other gamblers but the bank. The game outcome, in most cases, depends not only on chance but also on the players’ abilities. The most popular versions are Lightning Blackjack, Multihand Blackjack Pro, One Blackjack, and others. Customers can also try their hands at live dealer variations. Here, they will play against a real croupier.
Evidence #3: Stake Casino Safety
When determining is Stake rigged or not, the judge and jury must necessarily analyze how secure the platform is. Stake casino is a legal place for gambling because it owns the Curaçao iGaming Authority license. This document allows providing gambling services all over the world. Medium Rare N.V., owner of this brand, will ensure the platform is entirely secure and gamblers’ personal and financial information is protected.
The casino team applies various technologies that help secure databases from hackers and fraudsters. These include fraud-prevention systems, SSL encryption, firewall technologies, and others. Thanks to these tools, the venue created a multilayer security system that protects players’ confidential information and all transactions passing through the platform. In addition, the site uses two-factor authentication.
After registering on the site, each newcomer must also undergo KYC verification. Thus, the venue can protect the website from fraudsters. As noted in many Stake reviews, this procedure is simple and does not take much time. Newbies only need to provide certain documents to prove their identity. They must upload a photo or scanned copy of their ID card, passport, or driving license. In addition, people must provide a bank statement or utility bill to confirm their place of residence.
One of the essential aspects of whether Stake casino is legit or not is the fairness and randomness of gaming results. People can independently verify on the site that the results of all games are fair. The establishment uses a commitment scheme that ensures that people have no influence on all outcomes generated. In addition, cryptographic hashing is used here, which testify that the casino remains honest with the commitment scheme. Stake casino cooperates with third-party websites verifying all the bets on the platform.
Considering that the casino operates under the regulation of Curacao authority, it must comply with all the rules that this company requires. That is why the establishment fight against money laundering on the platform. They also do not support terrorist financing. The venue regularly checks the site and tries to eliminate all such issues.
Evidence #4: Stake Casino Withdrawal and Banking
Any reliable casino should have a wide variety of payment methods. That is why the judge and jury must also take this aspect into account. Stake is a crypto casino. This means that players cannot use credit cards to replenish their balances. Gamblers can only use cryptocurrencies like Ripple, Bitcoin, Litecoin, Ethereum, Tether, BTC cash, Dogecoin, Tron, and others. The minimum deposit amount is $10. All transactions process instantly. There is also no deposit limit.
If gamblers want to withdraw their winnings, they can use the same list of cryptocurrencies. All payment systems support both cash-in and cash-out options. The minimum withdrawal sum is $20. All transactions are instant or take up to 1 hour. Gamblers should remember that the casino takes a small commission for withdrawals of winnings.
Evidence #5: Stake Casino App and Mobile Casino
Players cannot find the Stake gambling app as it is still developing. Regardless, punters can still enjoy their favorite games on the move. To do this, they must use the browser version of the website. It is compatible with smartphones and tablets with two major operating systems, iOS and Android. People won’t feel the difference after switching to the mobile version, as the system automatically adjusts to the gamers screen resolution.
The interface of the platform is no different from the desktop version. The same Stake crypto gambling features and instruments are available here. Customers can access the whole game library and play against computers or dealers in real time. They can quickly register on the website, replenish their balance, and even apply for promotions.
Evidence #6: How to Play Stake Casino?
Many newcomers often face problems when creating a profile, so the simplicity of this process is an equally important aspect of this Stake gambling review. The establishment simplified this procedure as much as possible, leaving only the most essential stages. The registration process is not complicated and takes only a few minutes of free time. Below, gamblers can find the details of this procedure.
- Click on the blue Register button at the top-right corner of the main page.
- In the registration form, enter some personal information. This includes email, username, and date of birth. You should also come up with a password and submit a promo code if you have one.
- Tick the box opposite Terms and Conditions and click Play Now.
After the end of registration, newcomers have to go through the Verification procedure. They must upload some appropriate documents. Players have to provide an ID card, driving license, or passport. They should also prove their place of residence, by providing a utility bill or bank statement. After verification is completed, gamblers can proceed to replenish their account. Keep reading to find out how to do this.
- Go to the personal account.
- Find the Deposit section in the sidebar menu.
- Select the payment method from the list.
- Enter your email address and send the amount. Click OK.
After a few seconds, the money should appear in the player’s account. After that, they can immediately go to the gaming processes. Customers can just as quickly withdraw their winnings from the platform. To do this, they can use the same payment systems.
Stake Casino Witness Testimony
After thoroughly analyzing all the evidence, the judge invites the witnesses, who must express an honest impression of the gaming process on the platform. On different forums, players can find both positive and negative reviews. Many complain that there are many cases of money laundering on the platform. Gamblers cannot access RTP of slots. Moreover, the establishment did not shut services down during DDoS attacks, which led to the money stealing of many players. Below, punters can check out some honest punters’ reviews.
Witness #1: Trustpilot Customer Review
The casino offers plenty of benefits during Stake online gambling, such as massive game selection, instant cash-ins, and cash-outs. The witness also indicates that the website is full of promotions and giveaways you can participate in every week. This person has applied two-factor authentication to protect personal data and funds.
Witness #2: Sitejabber Review
Call your next witness! This platform is ideal for those who enjoy spinning the reels and playing table games. Gamblers can have fun here and also make a profit. This casino does not have dramatic drawbacks and issues that gamers should pay attention to.
Witness #3: Complaint on Customer Support
The casino must improve its customer support service. Players have to wait a long time for managers to respond to issues that arise during gameplay. Furthermore, support service representatives who have helped with registration problems were not friendly.
Is Stake.com Legit or SCAM?
Before deciding the question is Stake a legit casino or not, everyone in the courtroom should mention the main features of this platform. This establishment has been online since 2017. It holds a license from Curacao iGaming Authority, which testifies its legality and trustworthiness. This is a crypto casino, so gamblers can replenish the balance and withdraw winnings only with the help of stablecoins and altcoins. Transaction processing is instant.
Players can access a massive game selection with over 4000 titles. They can try their hands at slots, table games, live casino, and video poker. Undoubtedly, the casino has prepared a wide variety of promotions, such as daily races, giveaways, challenges, tournaments, VIP program, and others. The venue also has some disadvantages. It requires a small commission on cash-out of winnings. Players also complain about the low protection of confidential data and funds and frequent money-laundering cases.
Stake 2023 Verdict
After a thorough analysis of all the benefits and drawbacks, evidence, and witness testimonies, the judge is ready to pass the verdict considering the question is Stake casino legal or not. The judge acknowledged that this casino is a legal and trustworthy place for gambling. It can offer customers plenty of benefits, such as vast game selection, straightforward registration, an easy-to-use interface, and others. The brand has some shortcomings, which are entirely offset by advantages. If crypto holders want to have fun at the casino, they must visit the Stake platform.
Is Stake casino legit?
In this Stake online casino review, it was repeatedly noted that the brand is legal because it holds a license from the Curacao authority.
Does Stake casino have a mobile app?
The mobile application is under development, but gamblers can use the browser version of the site via portable devices.
Is Stake legal in the US?
Stake casino is not available for residents of the USA.
Where to get Stake bonus codes?
The casino regularly posts some promo codes on social media accounts on Facebook, Instagram, and also you can find them on this page.
What is the best crypto wallet for Stake casino?
One of the best e-wallets on the crypto market is Metamask and Coinbase wallet.
Where is Stake casino located?
Stake casino location is in the virtual world. This is an online gaming platform, so it has no gambling houses. People can only place through the official website.
Where is Stake legal?
Stake casino legally operates in most countries of the world. It is restricted to Iran, North Korea, Syria, the Czech Republic, and the USA.