Is a Scam? Verify the Legitimacy of Stake Crypto Casino

by Stephen R. Tabone
23 Feb 2023

Stephen is a high roller. However, this was not always the case. First, he was a brick-and-mortar denizen. Then, he shifted to online gambling (and we all know why, don’t we?). With the rise of cryptocurrencies, Stephen realized how much more it could help him get the most out of his gambling experience. By trial and error, through multiple losses and seven-figure winnings, he finally has tremendous sway with high rollers. Learn wisdom by the follies of others as it will save lots of your time and thousands of your money.

a person holding his phone and thinking about something serious 
Verify the Legitimacy of Stake Crypto Casino

If you are looking for a good real-money casino to test your luck at, you’ve surely stumbled upon Stake — a famous name in the gambling industry. With its impressive portfolio of games and betting options, Stake online casino looks like a good place for fun gambling. 

But before you rush to register on this gambling site, you probably want to do your research. “Is a scam?”, “looks too good to be true” — thoughts like these may cross your mind, and that’s okay. 

Is there any reason to believe that is a scam? Then keep reading this post!

Stake Online Casino Overview

Stake homepage
A screenshot of the Stake homepage

Stake is a reputable crypto-gambling platform that has been around for 6 years. Today, Stake prides itself on being the largest cryptocurrency casino globally — 5.9% of all BTC transactions occur through this platform. features both a crypto casino and an online sportsbook. You can use Bitcoin or any other cryptocurrency supported to play your favorite casino games or place bets on various sporting events. To elevate your gambling experience, Stake has a range of lucrative promotions in place.

Stake casino
A screenshot of the Stake casino lobby

While cannot accept players from the US and some other countries, American gamblers can still play casino games at Stake US.

Is Stake Legit?

Is a scam? Let’s look at the Stake crypto gambling site through the prism of the sure signs of a legit casino.

License and regulation

Like most well-respected crypto gambling sites, Stake holds the license issued by the Government of Curaçao. This license speaks of Stake’s compliance with gambling regulations in jurisdictions where it operates.

Stake license
A license that Stake holds

In addition, Stake has a membership with the Crypto Gambling Foundation network. Being a part of this network means meeting the high standards of ensuring fair play.

Stake as a member of the Crypto Gambling Foundation
Stake is among gambling operators verified by the Crypto Gambling Foundation

Terms and conditions 

When it comes to Terms and Conditions, they are misleading at scammy casinos. Dishonest casinos also take advantage of people who don’t read T&Cs and include unfair terms. Thus, it is essential to see if any terms can disadvantage you as a customer.

As for Stake’s Terms of Service are pretty transparent and fair enough — no predatory terms to take advantage of you. Here, you will find all the essential rules that govern your relations with Stake

  • The registration process
  • KYC procedures
  • Warranties of both sides
  • Deposit and withdrawal rules
  • Bonus terms and conditions.
Terms of Service on Stake
Stake casino’s Terms and Conditions

Such transparency of T&Cs should dispel your concerns about facing a Stake gambling scam.

Privacy and security

According to the Stake Privacy Policy, this online gambling site utilizes the latest Secure Socket Layer (SSL) technology to protect sensitive information. Stake casino’s 100% crypto focus provides an extra layer of security for your data and funds. In a crypto casino, transactions go directly from one crypto wallet to another, eliminating third-party involvement and lowering the risk of fraud.

Customer support 

One more sign of a reliable gambling platform is customer service in place. Absent contact information is a warning signal to stay away from that casino.

Stake casino is transparent about how to reach their customer support team — you can contact them by email or live chat on the site. In addition, you can find answers to your questions through the self-service Help Center.

After a quick look at Stake online casino, we found no signs that is a scam. Let’s dive deeper to see how legit Stake is.

Is Stake Gambling Scam Or Honest?

Fair play is a common concern among gamblers. Although it’s no secret that the house always wins in the long run, some players suspect casinos of faking game results.

So, how to make sure you won’t face a Stake casino scam? Let’s see how ensures the fairness of its games.

Provably fair gaming

Stake game fairness checker 
Every player can check the fairness of each game by using this tool 

One of the ways that Stake ensures fair play is by offering provably fair games. These games guarantee random outcomes and enable players to check the result themselves. The encryption mechanisms embedded in Stake Originals and other games make it impossible for any side — either a player or a casino — to manipulate the game results.  

So, you can rest assured that provable fairness eliminates the risks of a potential Stake casino scam.

Stake Originals
The Stake Originals game selection on Stake. All are provably fair 

Software providers with certified RNGs

When it comes to provider games, Stake needs access to their source code to check the fairness of their RNG. Does it put you at risk of facing a Stake gambling scam? Not at all!

If you look at the list of providers powering Stake casino, you will see top-tier casino software developers — Play’n Go, Evolution Gaming, and Red Tiger, to name a few. These providers have their RNGs regularly audited by independent testing laboratories. Thus, you can have a piece of mind that provider games at Stake are honest.

Software providers at Stake
Software providers powering the Stake casino

Still, despite the obvious fairness of the games, users occasionally complain in their reviews that is a scam. Fortunately, Stake representatives and forum moderators address the reviews about the “Stake gambling scam” timely and elaborate on the fairness of crypto casino games.

A Stake forum thread about the fairness of Stake Originals games
A screenshot from the Stake forum thread where a moderator illustrates the fairness of Stake’s casino games

Other Amazing Features Of Stake Crypto Casino

The features described above give every reason to answer the question “Is a scam” in the negative. Need more arguments in favor of Stake? Let’s look through other incredible features it offers.

Online sportsbook

A screenshot from the Stake sportsbook
Stake sportsbook

A common concern among sports bettors is having fair chances of winning real money. Stake’s sports betting platform offers highly competitive odds for betting on popular sports like soccer, basketball, or American football. With live betting, you can get the advantage of odds adjustments made throughout the game. A rich assortment of betting options enables you to stick with the market that fits your gambling needs best.

Online casino 

Stake casino lobby
A variety of games at the Stake casino lobby

Stake casino hosts many games to play with Bitcoin or other crypto coins. Here you will find numerous variations of slots and table games like dice, roulette, blackjack, baccarat, and craps. There is the Feature Buy-in section at Stake for those who want extra rounds for slot games. For a more immersive experience, Stake offers live casino games and game shows.  

Can you win real money at Stake casino? As discussed previously, Stake ensures the honesty of its games through provable fairness and partnerships with reputable providers. In addition, its games feature a competitive Return-To-Player rate (RTP), which doesn’t speak of the Stake gambling scam. In most Stake Originals games, the house edge is as low as 1%.

Bonuses and promotions 

Stake promotions
Latest promotions on Stake

Stake has lucrative promotions to reward loyal customers and motivate them to spend more time on the platform. You enter daily, or weekly cash prize draws as you place your bets (both sports and casino). The requirements toward wagers differ across the promotions. In addition, Stake features game-specific bonuses and special promotions tied to certain events.

Responsible gambling policy

Stake Self-Exclusion Policy
Self-Exclusion Policy at Stake

Another feature that inspires confidence in Stake casino is its responsible gambling policy. Whenever you spot any signs of problem gambling in your behavior, you can choose to self-exclude from playing at Stake. 

In addition, Stake links to the BeGambleAware website, where you can find help with gambling issues.

Is Stake Casino Scam? See What Players Have to Say

If you are still unsure of your answer to the question, “Is a scam?” check out what fellow gamblers think.

Stake on Trustpilot
A screenshot of the Stake page on Trustpilot

On Trustpilot, Stake scores 4.5 out of 5, which is great compared to many competitor gambling sites. The good thing is that Stake representatives react promptly to negative feedback and offer constructive problem-solving. Such concern for reputation leaves no suspicion that is a scam.

Now, let’s see what gamblers like and dislike about the Stake crypto gambling site.

What players love about Stake

Numerous Stake reviews on the Internet reflect the amazing features of this gambling platform we’ve covered above. In particular, players are excited about the following:

  • The variety of gambling options
  • Fast payouts
  • Plethora of rewards and promotions
  • The attentive customer service team
  • A strong community around the casino.

Given their positive reviews, it’s highly unlikely these users experienced any Stake gambling scam.

Stake reviews on AskGamblers
A screenshot of positive user reviews on AskGamblers

Areas that Stake online casino can improve

Besides the abundance of positive feedback, some reviews indicate where Stake could improve. Here are the common suggestions from players:

  • Support for fiat currencies
  • Stricter moderation in chats and on forums
  • Extending the loyalty program to fit not only high-rollers but also average players.

Of course, you can stumble upon reviews complaining about the Stake casino scam. But, as mentioned previously, Stake representatives react to such comments promptly by requesting additional details or offering solutions to problems. 

Often, players claim that is a scam due to the following reasons:

  • Unfamiliarity with how casinos work
  • Failure to check out the Terms of Service beforehand.

In these cases, complaints about the Stake casino scam have nothing to do with constructive criticism and valuable feedback.

Final Thoughts

We hope our guide has helped you confirm the credibility of the Stake crypto gambling site. Compliance with gambling regulations, advanced security measures, fair gaming, lucrative promotions, and professional customer service make Stake a safe and fun place to gamble. Once you join this platform, you will hardly complain about facing a Stake casino scam. 

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