These days it is vital to have a trustworthy online casino and sportsbook as your gambling partner. After all, the Internet can be an unsafe place. If Stake is your chosen partner you’ve come to the right place to find out whether it’s a good choice as far as privacy, safety & security are concerned. If you’re not in the mood for a bit of reading, we can say it right away – yes, it’s a good choice and yes it’s safe to spend your time and money gambling on Stake.
Yet, for most people it is important to know why the answer is yes and not, no or maybe. If you’re one of those folks then keep reading as we’re going to answer it with a bit of depth. Once you finish reading this article you will be able to give an answer by yourself instead of relying on our word. After all, the world wide web is full of online casinos and sportsbooks and it is important to know why exactly you can trust Stake.
Why Does Your Safety Matters at an Online Casino?
As we said, the Internet can be an unsafe place. Back in the early days of the web, safety mattered a little. Because of that, you have many online casinos that can’t guarantee their roots. When the roots are rotten, so is the tree. Many online casinos have decided to remain loyal to their shady roots and not to provide safety and security to their users even today. So, if you sign up with an untrustworthy online gambling establishment, you could easily encounter one of the following issues:
– Depositing funds and not being able to withdraw them, use them for betting or casinos games, or have any form of access to them no more.
– Having your personal data used without your consent and even sold to third parties.
– Depositing, betting, winning, and not being able to withdraw the funds to your bank account or digital wallet.
– Losing access to your financial details, compromising your personal data, and having your money withdrawn from your bank account or digital wallet.
– Personal & financial data provided to third parties only to be later used for scams and phishing projects, or getting your device infected by malware and viruses.
– Playing games that are not provably fair, and being scammed in the process.
Encountering any of these issues poses a major risk for any player at an online casino. When you’re faced with these it is too late to seek help from authorities or to check online betting and gaming regulations. Yet, the world of online sports betting and web casinos was like this back in the day. To make the world and the web a safer place, legitimate companies such as Stake have begun to develop different means of protection to ensure the safety of their users. Just some of the best known ones include:
– Licensing, Firewalls & Data Encryption (SSL Technology)
– Passwords, Anti-Money-Laundering Policies, and Protocols & Verification tied to knowledge of your customers
– Promotion of Responsible Gambling and Provably Fairness being tested by third parties.
– Help & Advice for folks who are having issues with problem gambling.
Knowing everything above, you now ought to ask yourself what makes Stake different: what makes it safe for users? This is a legitimate question to be asked, and we’re more than eager to answer it.
Stake.com – Security & Safety Measures
We said it from the start, for many of you who didn’t want to read further, that Stake online crypto casino is a safe place for all of you bettors. We also said that it’s better to continue reading than to take our word for it. We’re glad you’re still with us. To know why we say it’s safe you have to use it for a while the same way as we did. Considering that you’re a rookie waiting to open an account, we’re better off talking about more than a few security features available with this provider. It is a safe, secure, and fun place to be, where games are provably fair and you can gamble responsibly. Here’s why:
Licensing
No trustworthy online casinos can operate without a license. The one Stake has was provided by the Curacao Gaming Commission. This license is rather common and it allows providers to run a legal gambling operation in most parts of the world. To obtain and retain a gaming license the provider needs to comply with various rules and requirements. Stake did all of that, and it even obtained local licenses in places that are not covered by the Curacao Gaming License. Stake is even present in the UK which is well known for its strict rules tied to regulations and rules about gambling and that should tell you enough about the legitimacy of this website.
Stake is at the forefront of the battle to keep the users and their data safe. With this company you’re ensured as a customer that you’re spending your time and money in a safe and fair gambling environment.
Firewall & SSL-128 Bit Encryption
As we mentioned it earlier, one of the best ways to keep the hackers and the cybercriminals at bay is to employ Firewall. Stake.com has its website and app encrypted with SSL encryption which is one of the top ways of ensuring customer’s safety and security, and above all else privacy. You need to know that this is the industry standard, and if you’re on a website that doesn’t provide it you ought to turn around and leave. Major online betting websites and casinos use SSL protection, and those that do not do not have their intentions high on the honesty scale.
The RTP Percentages
Being open to your players in terms of services you provide is one way to buy trust. Stake does this by making public the RTP percentages to their customers. Return to Player matters a lot to gamblers, especially those who enjoy playing slots. RTP indicates how much of money invested in each game is returned to the player in the end. It takes into account the amount of time players spend playing, and based on RTP percentage it calculates what it should pay out on average. Those games that have a high RTP % will give higher returns to players the more money is put into the machine. Knowing which RTP percentage the game you play has an effect on your decision when choosing a game. It is important to know that it needs to be differentiated from volatility as they do not represent the same thing. Volatility affects the volume in which the RTP is paid out (low, medium, high).
Provably Fair Games at Stake
Stake is an gambling establishment that made a name for itself by partnering with many big games within and outside of the gambling industry. Just some of the entities and people they sponsor, include Everton FC, UFC fighters such as Alex Pereira and Alexandre Pantoja, F1 Team Sauber, and Sergio Aguero among many others. As you can see, Stake has plenty of partners and thus it needs to ensure to appease both them and the customers it has. This is best done by providing provably fair games and Stake does just that.
Not only does Stake provide provably fair games, they ensure that all of the products they have at disposal are tested by third parties to ensure fairness. Just some of their partners in this domain include the names of GLI, i-Tech Labs and eCogra. Furthermore, they are proud partners with companies such as Pragmatic Play, Hacksaw gaming, Evolution, No Limit City, and Push Gaming among many others, and we’re talking more than forty partners.
Password Protected Accounts
Just like your Facebook, Instagram, or X accounts, the account you open on Stake comes with a user name and a password. The password is generated by the user, and your safety is ensured by using a password that’s not easy to break and that only you as the user know. While in most instances a well designed password should do the trick, Stake offers plenty more. Most players are filled with joy the moment they know that Stake also provides its users with 2FA protection, better known as the 2-factor Authentication. What it does, in addition to login into your Stake account with your email and password, is that you can add an additional step of verification to your login. This is done by enabling an option that will send a message to your phone, or a code via email in order to have another way to confirm the user’s identity. If a well designed password is not enough for you, using the option of 2-Factor Authentication needs to be the next step you’ll make. At the end of the day you can never have enough protection when dealing with finances online.
Responsible Gambling Promotion
If you’ve been in touch with any online gambling establishment or a casino and sportsbook in general, you’ve probably heard the terms: responsible gambling. These days it is necessary for a casino to promote responsible gambling. It is not just a norm that needs to be fulfilled, but it is a legal and moral duty of every casino. Stake does a very good job in promoting responsible gambling. This needs to be done both on their website and at physical locations if there are any.
Casinos and online sportsbooks that do this with honest commitment are able to provide their users with real help if need be. This is best done through a variety of tools located on the website, links to articles of help, and contacts to agencies that can aid in battling problems gambling and habits it creates.
The best way to do this from the get-go is to promote the responsible gambling habits to your players from the moment they open an account and this is precisely what Stake has been doing all this time.
Know Your Customer and Verification
Online casinos must ensure that their platforms are not used for money laundering schemes. This is best done by establishing trust with customers by always knowing who they are. In addition to requiring identification of your customers, on a base level, Stake has elevated its game in this particular domain. They use a system titled Know Your Customer policy. KYC is a system that plays a major role in verifying the user identity. To ensure the end user’s identity, Stake requires you to add proof of identity to your account in a form of personal ID. Name, surname, and address are vital for the process of verification. For users who intend to gamble using fiat currency this is a must. For those opting to use digital currencies there are other ways of ensuring their identity is who they say they are. Most online casinos, and Stake, require the user to provide a photo ID such as passport or driving license, and as far as address goes it is often required to provide a recently paid utility bill by the user as a proof of address. For most users eager to start playing it is better to get over with registration and identification by providing the needed documentation, as it’s not possible to deposit and withdraw funds before the full registration is completed.
Cryptocurrency Payment Options
At Stake, Crypto is the king, but it’s only available in some countries. Users who turn their heads toward using digital currencies on Stake buy themselves additional layers of protection. Crypto on its own comes with a set of safety features with the option of anonymous transactions coming in rather handy for many users. Having your identity protected by the shadow of anonymity is what many players like and at Stake when using crypto you have this option.
When all things said in this article are combined you get a picture of why we deemed Stake as a safe place for your sports bets and casino endeavours. All that is left is to see it for yourself.
