Mark all as read

Settings

Notifications
Betting Complaints

Permanently closed my account and withheld approximately 4785 USDT


5 days ago
My Stake account was permanently closed following an additional identity verification requested by their Compliance team.

Before this, Stake confirmed that my Level 2 identity verification had been successfully completed. I then completed the additional identity verification requested by the Compliance team.

Shortly afterward, my account was permanently closed. Stake stated that I had breached their Terms of Service. However, despite repeatedly asking, Stake has refused to tell me what specific rule or provision I allegedly violated.

At the time of the closure, I had approximately 785.4 USDT remaining in my account balance and approximately 4,000 USDT in a pending withdrawal that had already been requested before the account was closed.

I contacted Stake regarding the return of these funds. Stake support explicitly informed me in writing that I would not be able to withdraw the funds from the account and that their decision was final.

I am not requesting that Stake reopen my account. I am requesting the return of my funds, approximately 4,785.4 USDT in total.

I have also submitted a formal complaint directly to Stake and can provide all relevant correspondence and evidence.

I respectfully request AskGamblers’ assistance in resolving this dispute and recovering my remaining funds.
Disputed sportsbook Stake Sportsbook

Discussion

User name

Dear all,

Following a careful review and consideration of all the information, details and/or proof presented by the parties during the complaint process, the AskGamblers Complaint Team reached the conclusion that Stake Sportsbook management acted in accordance with their Terms and Conditions.

Based on the abovementioned information, the AskGamblers Complaint Team considers this case resolved and it is now officially closed. While we understand this might not be the outcome expected by the complainant, we would like to remind you that, in case of a disagreement with our decision, further assistance on the matter could be requested from the relevant regulatory body and/or appointed ADR entity.

User name loyalty-level-1
Dear Stake and AskGamblers Team,
Thank you for the response.
I understand that Stake is now referring to Clauses 4.7, 4.10, 14.1, 4.19 and 4.21.
However, the response still does not identify the specific conduct that Stake alleges occurred.
Stake states that information submitted during KYC was misleading, but does not identify which document or information was allegedly misleading, what information was considered inaccurate, or why it was considered intentionally misleading.
Stake also refers to Clauses 4.10 and 14.1 concerning multiple accounts, collusion and abuse of service, but does not state whether Stake is actually alleging that I operated multiple accounts, engaged in collusion, or abused the service, nor does it provide any details supporting such an allegation.
I fully cooperated with the verification process requested by Stake.
My complaint remains specifically about the withholding of approximately 4,785.4 USDT, including approximately 4,000 USDT that was already in a pending withdrawal before my account was permanently closed.
I am not requesting that my account be reopened.
If Stake cannot disclose account-specific compliance information publicly, I respectfully ask Stake to provide the relevant evidence confidentially to the AskGamblers Complaint Team so that AskGamblers can independently assess:
1. what specific information was allegedly misleading;
2. whether Stake is alleging multiple-accounting, collusion or another specific breach;
3. what evidence supports that allegation; and
4. whether withholding the entire approximately 4,785.4 USDT is justified under the cited Terms.
I am willing to cooperate and provide any additional information reasonably required to address the specific allegation.
Thank you.
User name
Dear RYDER JOSEPH H.,

As previously communicated by our Support team, following a thorough review of your account and the submitted Know Your Customer (KYC) documentation, we have determined that the information provided was misleading.

In line with Clause 4.7 of our Terms of Service and our regulatory obligations, all KYC documentation must be accurate and truthful in order to protect the integrity and security of our platform.

Additionally, under Clauses 4.10 and 14.1, users must maintain sole use of their account, and the creation of multiple accounts for the purpose of collusion, sports betting and/or abuse of service is strictly prohibited.

These actions constitute a serious breach of our Terms. As a result, and in strict accordance with Clauses 4.19 and 4.21, your account has been permanently restricted and the associated funds have been withheld.

For further details, please refer to our Terms of Service: https:­//s­tak­e.c­om/­pol­ici­es/­terms

We appreciate your understanding of the importance of compliance with our policies in maintaining a safe and secure community.

Dear AskGamblers Team,

As you are already aware, we have sent an email regarding this case. We remain available should you require any further information.

Kind regards,
User name

Dear Stake Sportsbook,

The AskGamblers Complaint Team strongly encourages you to post a public message containing a detailed explanation on the matter, including but not limited to clarifying all the relevant reasons that led to the occurrence of the issue, the actions taken by your management and quoting of all the relevant terms that were breached by the complainant.

Please be notified that, should you fail to respond within the given timeframe, we will consider your case unresolved and it will be closed accordingly. As a direct consequence of such closure, the operator's ranking score on AskGamblers will be decreased accordingly.

Thanks in advance for your cooperation.

Stake Sportsbook Complaint Stats

Resolved 10 / 10
Avg. Amount $912
Avg. Complaint Duration 6 days
Avg. Response Time 2 days

Stake Sportsbook Complaint Summary

Most user complaints about this operator fall under the Payment category.
So far, 4 out of 4 complaints in this category have been resolved.
This operator's average complaint duration is 6 days, while the average duration across all operators is 7 days.

Stake Sportsbook Complaints

See all complaints for this sportsbook
Stake KYC Level 4 impossible
I would like to express my deep frustration regarding this KYC verification process. Honestly, it feels like it is designed to discourage users from completing it rather than simply verifying their identity.

I almost gave up several times because of how exhausting this process has been. However, I need to recover my money, so I have no choice but to keep going despite all these obstacles.

The starting point should be simple: I am not a fraudster, a thief, or a cheater. I still do not understand why I am being subjected to such an extensive verification process. Nevertheless, I have cooperated from the very beginning and have done everything that has been asked of me. The problem is that every time I complete a requirement, a new one appears.

To make things clearer, here are the main issues I have encountered:

1. Customer support is not the actual verification team. They only act as intermediaries and keep sending the same pre-written responses without being able to provide any meaningful assistance or explanations.
2. The upload system only allows one document at a time. This makes the process unnecessarily complicated when multiple documents are required.
3. Scanned documents are not accepted. Only photos of the original documents are allowed. However, when you need to submit several payslips and several bank statements, this results in a large number of photos. Combining them into a single file often exceeds the maximum file size allowed by the website.
4. The requirement for signed and stamped documents is unrealistic. My employer does not sign or stamp payslips, so how am I supposed to provide something that simply does not exist? The same applies to bank statements. As far as I know, no bank signs or stamps standard bank statements. This requirement is almost impossible to fulfill.
5. The verification process is extremely slow. I waited four days just to be told that the document I submitted was not acceptable. Every rejection means starting over and waiting several more days for another response.
6. I am seriously concerned about my privacy. I have already submitted my ID, selfies, proof of address, bank statements, payslips, and other personal documents. At this point, I feel like I have shared my entire private life, yet I still don’t know if it will ever be enough.

I am simply asking for someone qualified to review my case properly and tell me, clearly and definitively, exactly what is required. I am doing everything I can to cooperate, but right now it feels like I am trapped in an endless verification process.

Please, I am asking for your help. I am genuinely desperate. I only want to complete this verification and withdraw the money that rightfully belongs to me.
Status rejected Rejected
Rejecting all KYC docs and asking for the impossible
I recently hit Diamond VIP and Stake requested lvl 3+4 KYC, which shouldn't be an issue as I can provide everything needed. They rejected countless bank statements saying I needed to produce something more. They rejected both my old and new lease agreements. They rejected proof of my bank transfers matching my rental payments. I have no way of producing a utility bill in my name as its paid for by the landlord, and I showed correspondence with the landlord stating this very clearly, that although it can be produced it would be in their name as stated on the rental contract, yet Stake insists that I come up with 3 months of utility bills in my name+bank transfers proving it. They keep demanding a council tax bill when that is impossible to produce as I don't own real estate.

In order to satisfy level 4 KYC I have shown bank statements proving my sale of old crypto investments and a larger bank transfer which was the result of an inheritance. They have rejected all of this, demanding payslips from my employer, a letter from my employer, and bank statements matching these payslips. These are impossible to produce as I am self-employed, but they insist I must have payslips and there is no other way to resolve this.

As you can see they are completely unreasonable and have no intention of unbanning my account. There is nothing wrong with any of my documents, yet they just keep asking for what is impossible to provide. According to them I have to be a landowner and have an employer with a high level of income just for the privilege of losing money on their site. I want to remind you that there has been 0 mention of breaking any TOS, this is simply impossible KYC that they are demanding.
Status solved Resolved