Popular online betting platform Stake offers a wide range of betting options, including sports betting, casino games, and live dealer games.
While the legality of online gambling in India is complex, you can generally access Stake without legal concerns as it operates with a Curaçao license (No. 8048/JAZ).
The bookmaker ensures a secure and trustworthy experience through its licensed status, robust encryption, and strict anti-fraud measures.
Read on to find out everything about the legality of Stake.com in India.
Is Stake Banned in My State?
The legality of online betting in India is a complex issue due to the lack of clear-cut legislation throughout the country.
While the Information Technology Act of 2000 prohibits most forms of betting, it doesn't explicitly address online betting. This absence has led to varying interpretations and regulations across different states.
Stake operates under a gaming license from Medium Rare N.V., a company authorized and regulated by the Government of Curacao. This means that Stake adheres to strict gambling regulations and undergoes regular audits to ensure fairness.
In most states , online betting is generally allowed as long as the bookmaker is located in an offshore location and has a valid license. Stake complies with both of these regulations and is therefore legal in India.
However, Telangana and Andhra Pradesh have banned online betting altogether, making Stake.com unavailable in those states.
Check out the table below for an overview of states in which the bookmaker is legal.
|List of Indian States
Can Indian Players Bet at Stake?
If you're an Indian looking to place bets on Stake, it's important to ensure that you're in a state where online betting is legally permitted. If you are not located in Telangana or Andhra Pradesh, you’re free to sign up with them.
To begin, visit the official website, then click on ‘Register’ and then follow the on-screen instructions accordingly.
Ensure you provide accurate information during the registration process. This typically includes details like your name, email, and age verification. After successfully creating your account, you can explore the various betting options available on Stake.
Familiarize yourself with the platform's interface, and make sure to claim the Stake welcome bonus of 200% up to INR 100,000.
What is the Minimum Age to Bet at Stake.com?
To bet at Stake, you must be at least 18 years old. This age requirement is strictly enforced, and bookmakers, including Stake, undergo regular checks to ensure compliance.
Stake uses a variety of methods to verify the age of its users, including ID checks and age verification software. If you are caught trying to bet at Stake while underage, you will have your account banned.
Remember, there is no way to bypass this age requirement, and it's important that you follow these rules.
What Licenses Does Stake Have?
Stake operates under an official Curaçao eGaming License, which is a reputable and respected license in the online gambling industry.
This means that Stake is subject to regular audits and checks by the Curaçao Gaming Control Board to ensure that it operates fairly and responsibly.
In addition to its Curaçao license, Stake also holds licenses from the following regulators:
- United Kingdom Gambling Commission (UKGC): The UKGC is the regulator of gambling in the United Kingdom. It is responsible for ensuring that gambling is conducted fairly and responsibly. Stake’s registration no. at UKGC is 38898.
- Crypto Gambling: Stake is a recognized and trusted member of the Crypto Gambling Foundation network. This foundation promotes and enforces strict standards for provably fair gambling at crypto betting sites, ensuring that outcomes are transparent and verifiable.
Stake is a reputable and secure online betting sites that offers a wide variety of betting options. It is licensed and regulated by multiple gaming authorities, ensuring fair and transparent gameplay.
With its user-friendly interface, competitive odds, and generous bonuses, Stake provides an exciting and rewarding sports betting experience.
If you're seeking a top-notch online gambling platform, Stake is an excellent choice. Sign up today and start exploring the world of online betting with Stake!