Mission Statement
Stake is dedicated to fostering responsible gambling practices to all customers on our platform and within our community. We are committed to ensuring that our customers are educated on our various responsible gambling tools available for use, promote gambling as a form of entertainment and empowering individuals to make informed decisions about their gambling activities.
6 Tips For Effective Management Of Your Gambling Activities
Effective management of your gambling activities can be done by prioritizing other recreational activities too
Before a gambling session, have a plan in mind of how much you want to spend gambling, and how long you will be gambling for
Do not spend more than what you can afford to lose
Understanding the odds and knowing the risks associated with gambling
Identify when you are no longer having fun or where gambling has become a problem for you, and stop
Set loss limits, wager limits to assist with managing your gambling activities
House Advantage/House Edge
Games have a house edge to ensure a percentage of the total amount wagered is returned to the House, which in this case is Stake.
Randomness
Games/Spins are not related. Their outcomes are not dependent on how much, or how long, you’ve previously played the game for.
Independent Outcomes
Games/Spins are not related. Their outcomes are not dependent on how much, or how long, you’ve previously played the game for.
Odds and Probability
Odds and probability are ways to describe your chances of winning. Whilst the odds can appear to be low, there are no certainties in betting.
Introducing Our Responsible Gambling Tools
Gambling should always be a form of entertainment. In order to assist you in keeping your gambling activities fun, Stake has a range of responsible gambling tools which you are able to make use of at any point in time. Play for fun, not for funds.
Gambling Limits
Loss Limits
A loss limit allows you to set a limit on how much you can afford to lose over your set period of time. The limit can be set over a period of one day, one week or one month. It is a net loss limit. Profits made during your set period will not count towards your limit amount. If you are profitable during the set period, you are able to use your profits to continue to wager and bet until you reach your loss limit. Unsettled bets count towards the limit. Please check your unsettled bets if you are unable to place bets, as these unsettled bets may be causing you to reach your limit.
Wager Limits
A wager limit (or betting limit) allows you to set a limit on how much you can wager over your set period of time. The maximum bet limit can be set over a period of one day, one week or one month. The limit is not a net limit so profits are excluded. This means, if you are profitable during the period these profits are not offset against your maximum bet limit.
Decreasing an existing limit(s) is effective immediately. When increasing your limit(s), your new limit(s) will be subject to a24-hour cool off periodbefore your new limit takes effect.
Deposit Limits
At Stake, we are committed to promoting responsible gambling and giving you greater control over your gambling activities. That’s why we offer deposit limits, a tool designed to help you manage how much money you can deposit and play with over a set period.
What are Deposit Limits?
Deposit limits allow you to cap the amount of money you can deposit daily. Once you reach your set limit, you won’t be able to deposit more funds until the daily limit resets.
How to Set a Deposit Limit:
You have the ability to:
- Set a deposit limit
- Increase a deposit limit
- Decrease a deposit limit Remove a deposit limit
Note: Cooling-Off Periods
Setting or decreasing your deposit limit is effective immediately. Increasing or removing your existing deposit limit is subject to a 24-hour cooling off period.
Self-Exclusion
Aself-exclusiontool offers the ability to suspend all access to your account should you feel that you are at risk of developing agambling problem, or in some cases, believe you currently have one.
The available periods are as follows:
- 6 Months
- 1 Year
- 2 Years
- 3 Years
- 4 Years
- 5 Years
- 10 years
- Indefinite
In the event anindefinite exclusionis set, access to your account(s) will remain blocked until such time should you actively request to revoke the indefinite exclusion. The indefinite exclusion imposes aminimum exclusion period of at least 6 months, from the date of application. Once the 6 month period has lapsed, your account can be considered for reactivation subject to a formal return to play review.
In order to initiate the review process, please contact our support team via email.
Break in Play
Stake also provides alternative options to suspend your account temporary, known asBreak in Play. Whether you would like to take a break from gambling to re-evaluate your personal goals, save some money or simply spend time on other activities, the option is made available to you.
In order to initiate the review process, please contact our support team via email.
- 1 Day
- 1 Week
- 1 Month
- 2 Month
- 3 Month
Note:Stake reserves the right to self-exclude a customers account should we determine that gambling may not be safe for you to continue.
