General Provisions and Legal Status in India
The use of the Stake App in India is regulated by an international Curaçao license, allowing the platform to accept players from various regions. However, the Terms and Conditions clearly state that the responsibility for complying with local laws lies with the user. While there is no federal law in India explicitly banning online betting, individual states (such as Telangana or Andhra Pradesh) have strict restrictions. Therefore, by accepting the user agreement, the player confirms that they are not located in a territory where gambling is prohibited by law.
Registration Requirements and Age Restrictions
One of the strictest points in the Stake India rules is the user’s eligible age. Only individuals who have reached the age of 18 years have the right to create an account and place bets. The platform reserves the right to request proof of age at any time. Additionally, the rules strictly prohibit multi-accounting (the creation of multiple profiles by one person). If the security team detects duplicate accounts, all of them will be blocked, and the funds on them will be frozen without the right to a refund.
KYC Policy and Identity Verification
To fully utilize the functionality, specifically for withdrawing large sums, every player must undergo the KYC (Know Your Customer) procedure. According to Stake’s terms, a user from India must provide documents confirming their identity (e.g., Aadhaar card, PAN card, or passport) and proof of residence. This is necessary to prevent money laundering and fraud. Without completing verification, access to financial operations may be temporarily restricted by the administration.
Financial Transaction Conditions and Cryptocurrency
Since Stake positions itself as a crypto-casino and sportsbook, the Terms and Conditions pay significant attention to digital asset rules. Deposits and withdrawals are primarily processed in cryptocurrency (Bitcoin, Ethereum, USDT, etc.), although fiat gateways via third-party providers may be offered for the Indian market. It is important to remember that all deposits must be wagered at least once before they can be withdrawn. This is a standard rule to combat financial manipulation.
Bonus Usage Rules and Wagering
The Stake App bonus policy has clear conditions that new players often overlook. All welcome bonuses, rakeback, and promotional offers are subject to mandatory wagering. The rules state that bonus abuse or the use of strategies to guarantee profit from bonus funds are grounds for voiding winnings. Before activating any promotion in India, it is recommended to carefully read the specific rollover requirements.
Responsible Gambling and Account Blocking
The section on responsible gambling is an integral part of the user agreement. Stake provides self-exclusion tools that allow players to temporarily or permanently block access to their accounts. The Terms and Conditions also stipulate that the company has the right to close an account unilaterally if it detects signs of gambling addiction or violations of fair play principles. User safety and mental health are prioritized, so ignoring these rules can lead to a permanent ban.