Stake India presents multiple deposit methods like UPI, Apple Pay, Samsung Pay, Credit/Debit Card, and Cryptocurrency on their platform. The entire process is simple, and you can accomplish it through the betting website with just a few clicks.
This page serves as a comprehensive guide to depositing funds with Stake. It covers essential details such as deposit procedures, minimum limits, and the accepted payment methods, offering you a complete understanding of the depositing process on this betting website.
So read on and learn how to make your first deposit at Stake!
How to Deposit with UPI at Stake?
Making deposits on the Stake platform is very simple. If you are 18 or above, you can get things started right away.
If you're new to the platform, the first thing you need to do is complete your registration process. Once you have done that, depositing money is a very easy process.
Although Stake.com is mostly known to be a crypto betting site, the bookmaker now also accepts deposits through UPI.
Below is a step-by-step guide specifically outlining how to make a deposit using UPI.
- Visit the Stake platform and log in using your credentials
- Look for the “Deposit” section on the navbar
- When prompted to choose a payment method, select UPI from the available options
- Input the amount you wish to deposit into your Stake account. The minimum amount for UPI is INR 500
- Follow the instructions provided by Stake to initiate the payment using UPI. This involves entering your UPI ID or scanning a QR code through your UPI-enabled mobile banking app
- After initiating the transaction through your UPI app, follow the prompts and confirm the payment
- Once the transaction is successful, Stake will confirm the deposit and credit the funds into your betting account
Important: Stake is a safe place for your money and private info. Your funds and personal details are kept safe using fancy codes and strong security rules, making it hard for anyone to get into your account or see your financial stuff.
Which Payment Does Stake Accept?
Stake offers quite a few ways to put money into your online betting account quickly. You can choose the one that works best for you and start betting right away.
We have listed all the payment options available for you.
- Phone Pe
- Apple Pay
- Samsung Pay
What is the Minimum Deposit?
Betting sites typically have minimum deposit limits for various reasons, including compliance with regulations set by licensing authorities. These limits ensure that the platform meets certain standards and safeguards against potential issues like money laundering or fraud.
Because Stake is legal, they follow these guidelines too, imposing specific minimum deposit amounts for each payment method. These minimum deposit limits can vary depending on the payment method chosen, providing you with flexibility.
Here's a table showing the minimum deposit allowed for each payment method to make things clear:
Tip: The minimum deposit of 400 INR is good, but some betting sites offer minimum deposits starting from just 50 INR. Make sure to check out our low deposit betting sites page to discover more.
Which Indian banks are Supported?
Stake has teamed up with several Indian banks to make depositing funds easy for you.
They've got payment options like UPI, Paytm, Google Pay, and PhonePe available, letting you connect these directly to your bank account for payments.
The fact that they accept UPI means that you can deposit funds through all major and minor banks available in India.
Whether it is HDFC or ICICI, whether it is SBI or PBN, you can do transactions on the platform without any fuss.
How to Change the Deposit Limit?
When it comes to depositing funds on Stake.com, you have considerable flexibility. For cryptocurrency deposits, there aren't any set maximum limits, allowing you to deposit as much as you're comfortable with.
However, it's essential to ensure that any significant deposits align with your betting budget and comfort level. Responsible gaming is key, so take a moment to evaluate before making larger deposits.
Meanwhile, if you're using UPI for deposits, India's government policy sets the maximum daily limit at INR 2,00,000. Do note that there are no deposit fees imposed by Stake.com.
If you still want to self-impose a deposit limit, then we recommend you connect with Stake’s customer support.
How to Get a Refund from Stake?
Stake, like many other bookmakers, operates under strict regulations established by gambling authorities in Europe. These rules are in place to prevent money laundering and ensure the integrity of financial transactions.
When you deposit funds into your Stake account, these regulations require that those funds be used for betting purposes within the platform.
As a result, refunds for deposits aren't available because the deposited money is intended for use in betting activities, and it cannot be transferred back to your account. This policy is not controlled by the Stake but rather mandated by the gambling authorities.
How to Transfer Funds from One Account to Another?
Sorry, it's not possible to transfer funds between accounts with bookmakers. It's a strict policy to prevent issues like money laundering.
Also, withdrawing funds to an account not registered in your name will not be allowed. For more details, check the general withdrawals guide of the Stake.
These rules are in place to maintain trust and follow legal requirements.