Topic: STAKE IS SCAM ($12,000) (Read 2083 times)

OP,

Were you paid?


Even if paid, holding your money for 5+ months and requiring unnecessary documentation is unacceptable especially when Stake can share your information with a third party. You needed help from multiple entities just to get the case settled in 5 months. It was a fishing expedition on the part of Stake.

Tag as in mentioning them here to let them know of the situation or tag as in leaving them a feedback?

For the former, I was once... well, more than once, actually, informed that their employee who handle this section were taking a close monitoring to any cases and development of cases regarding stake, so you can rest assured that they know about the situation.

For the later, I can give you step by step of how to leave a feedback yourself if you want to, but I will not leave one myself for you. For the time being and from current situation [I am still waiting for their explanation why such complicated document is necessary], that'll be an abuse of DT power from me, for leaving a negative tag [feedback] without strong basis.

alright guys, i went and got a letter from my employer and uploaded it last night regardless of the trouble it has caused.

can someone tag the stake employee that posted here? i don’t know how to tag effectively.

OP, I think they've crossed a line with this one,



I think they've went from investigation to trying to make things as difficult as they can imagine. Depending on their explanation of your inquiry on AG for why it got rejected, and considering the many unresolved cases against them, I might leave a tag for the time being to warn others to be careful playing on Stake for the time being. I'll be waiting for their response on AG.

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As much as it exasperate me because they dragged this case for way too long and overcomplicate things, there's no other way to move forward... or backward. As I've explained on other thread for a relatively same inquiry you made, just because Stake is not happy with OP's level 4 KYC, it can't be translated into OP acceptably saying, "Ok, I've had enough, please close my account and send me back my money, I am not going to perform level 4 KYC anymore nor will I play on your platform anymore," and they'll comply.

Stake overcomplicate things and demanded impossible things aside, once the phase been initiated, it has to be seen into completion. Showing betting history and profiling won't do much.

If I may repeat myself, the KYC goes, no matter what.

This is absolutely insane. Your level 3 verification was approved on March 30. They should pay you your money and close your account if they don't like level 4. This case has nothing to do with money laundering so level 4 is irrelevant as far as being paid.

What would happen to a person that dealt 100% in crypto? Tell them to close the account and pay you.

What should the outcome be if Stake isn't happy with stage 4 verification source of funds?

https://www.askgamblers.com/casino-complaints/stake-casino-stake-will-not-verify-me-for-a-long-time#complaint_reply_form

they have denied my updated bank statements, payslips, bank letter. they now ask for a letter from my employer. this is beyond outrageous. currently at a loss again.

Ahh... I understand.

Anyway, someone else from neighboring thread with "similar case" as you [I mean he got stuck on KYC verification] managed to get verified, as per his own statement [I can't see it yet on AG], and his case will now goes into the investigation phase where Stake will confirm their suspicions and gather their findings.

I am hoping yours will get verified soon, and then we can get to the real issue of your account.

no sorry i did not address “  i gave this guy my bets. he can contact stake to see if i placed anything else in the last year (my prior bets i lost thousands on stake like 2 years ago)” to you.

i only wished to thank you for being here during all of this.

that quoted sentence was addressed to peeps for questioning my bets.

I am sorry if I misunderstand, but you're addressing that sentence to me? Which bets were this that you gave me so I can contact stake? I don't think I've receive any means of communication from you aside from this thread? Were you contacted by someone pretending to be me?

I was definitely skeptical until I saw your bets. There doesn't seem to be a reason to multi-account. There's no bonus. The lines don't seem to be off. I only took a quick glance of line history and matched up dates but not exact times since I'm not sure of time zones on ticket and history.

I take a little different approach than most when trying to figure out if someone is multi-accounting. The first thing I try to figure out is why the player would multi-account. Is there any reason to try and cheat the book or break rules.

thanks. once again i hope you understand it has only taken this long to provide documents because my first 10 documents and my 15 selfies were not good enough for some reason that was never clearly stated if you comb through the casino guru thread (whatever they said was made up on the spot, and when i tried to address specifics they ignored me)

Lines are good. Wishing you luck on getting paid.

hello everyone!!! sorry for no updates. have been very busy and stressed out. i just wanted to let everyone know that my bank letter, payslips, and bank statements have all been uploaded! lets see how drake responds so we can end this mess lol

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sure. i will post my bets. they were 3 or 4 different mma bets. once i find how to access history i will show you. i only try to withdraw a few thousand dollars of my profits and then this happened. definitely no money laundering flags.

it took me awhile to send these documents because i was waiting for stake response. i have sent stake around 15 different documents? various file conversions, file errors, i don’t even know where to start or begin. eventually this has become very stressful for me so you must understand that i have went from checking this everyday for 3 months straight to dreading even have to deal with this. please understand this from my shoes.

i am always very prompt with sending my documents and these sites make me seem like i am not prompt however i am more prompt than them.

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please read my thread and understand that i provided stake all of what they requested within your “15 minutes” they just chose to deny everything that i sent them. please read my thread and casino guru page and ask gamblers page before spamming my thread. thanks. hope you enjoy my bets on a UFC title fight.


also thank you darkness for standing up for truth. words cannot describe my appreciation. i gave this guy my bets. he can contact stake to see if i placed anything else in the last year (my prior bets i lost thousands on stake like 2 years ago)

Agree 100%. These long investigations are scammy. They are looking to steal or hope the player loses money while the investigation is ongoing. Stake is guilty of it over and over again.

I wouldn't say it's unlawful or unfair to limit or to close accounts of such bettors. Or even to do that to just good bettors if it's clearly stated in ToS previously agreed by the customer at least. AFAIK fiat sportsbooks are doing it, but unlike those offshore crypto sportsbooks they will never keep customers' funds, and ask dubious extra KYC.
Some crypto sportsbooks will have no problem with users' KYC for receiving their funds, and to take their money when they are losing, even when amounts are way higher than what the user is usually betting and could be obviously critical for him, but weirdly they need highly private and specific documents when the user made some profits in order to withdraw his funds. It looks a scammy practice, bad for the reputation of crypto ecosystem for me.

I'm not saying some, I'm saying all bets at a line that is off. If a line is 2.2 everywhere he's betting 2.4 where he can arb or just take the off line, this guy is going to get banned or limited. In major markets you can use a line service and pick off bad lines manually whether just off or slow moving. Some people try to throw the book off by making some bad bets. Every single crypto book is going to ban or limit winning players that make bets on lines that are off. Always betting off lines in small markets screams bot use. There's a lot of arb software out there but sooner or later you'll get caught.

I wouldn't accuse someone of being a "casino scammer" just because he placed some weird bets, except maybe if it's not physically possible for a human being obviously. But betting history of plaintiffs would at least show if those offshore crypto casinos are only blocking suspected professional abuser, or any random bettor winning too much/too frequently according to their business model.

Example - We look at the players bets and his bets show that he limit bets many obscure markets and is picking off bad lines. No one can do this manually without electronic means. He's obviously using a bot. Now you go to Stake and ask for some proof that he's using a bot. Stake is really making it difficult too because they aren't telling you the infraction. Maybe they would if this type of evidence was open on the forum and the case would be closed in our minds.

Ahh! Do I understand that what you try to propose here is: if OP's profiling [shown from his betting history] come out questionable and indicates that he's the bad actor here, then it'll safe us all our time if we just leave this be as it'll just a waste of time?

If so, I appreciate your concern and kind gesture. However, things can't simply be left behind just because the OP of a scam accusation is the guilty one. Speaking for myself, we are here simply to oversee cases. We couldn't [shouldn't] care less who come out to be wrong and who come out as the real victim. We get no benefits from the outcomes of every cases, thus we are neutral. We just have the concern to keep the forum a safe place for every user to roam.

And in the case where an OP of a case is the wrong one, then the case --IMO-- should still be seen toward the end of it, because the victim still needs to be proven not guilty, the narrative simply shifted, where the victim is the casino instead of the gambler.

The KYC goes on no matter what happens. What I'm doing is simple profiling and probability. With how long it's taken to get all of his documents together, profiling says he's going to be guilty. In the country that I'm in, if I were innocent I could produce my passport, utility bill and bank statement in 15 minutes. It could be a lot tougher for him because of the country he lives in and not having a utility bill in his name but an innocent person would figure out a way to get documents verified in under 4 months.

You are looking at it from a judge's perspective which you should do and is very valuable to the forum. I think your line of questioning would change and make it much easier if you knew exactly what he was betting. It's just a time saver for you and the posters.