Despite having existed only since 2017, Stake.com is one of the go-to sources for online casino gaming for many people. Its transaction features are second to none, contributing as one of the major factors behind its success.
For Indian users like you, it is possible to transact using the INR as the medium of exchange, with the process easily carried out in a few clicks.
This page will focus on the withdrawal facet of Stake. Before putting forward a request to withdraw funds, you should have made a deposit using the same medium.
While the casino site is cryptocurrency-heavy, you can cash out using different currencies, including INR. The minimum withdrawal amount on the platform is INR 830.
How to Withdraw Money to UPI from Stake Casino?
Say, you have collected a chunk of winnings by playing casino games on Stake, and now you wish to withdraw some or all of it.
The online casino allows you to cash out using multiple payment methods, including UPI, which is one of the most used transaction sources in India.
To be able to withdraw funds, you must ensure that you have completed the KYC process, including verifying your email address. You can do it by visiting the ‘Settings’ section of the website.
At the same time, get your phone number verified, too, thus preventing any future complications.
Once done, follow the below step-by-step guidelines –
- On the top-center of the Stake website, click on the ‘Wallet’ icon
- In the new dialog box, click on ‘Withdraw’
- In the currencies drop-down, select INR and enter the amount that you wish to withdraw
- Click on the ‘Withdraw’ button
- Now, the site will redirect you to a 3rd party service where you can click on UPI
- Enter the withdrawal amount again and fill out the form by entering all the relevant details
- Enter the IFSC and enter other details such as the bank name, branch address of the bank and the branch name
Once done, click on ‘Confirm’ and checkout
Do note that the withdrawals have a transaction fee of INR 166, whereas the minimum cash-out limit is set at INR 830.
What is the Minimum Withdrawal at Stake?
It is well-known that many transactions carried out on Stake are through cryptocurrencies. However, they have introduced alternate payment methods, thus making it simple for non-crypto users to pay for the services through mediums convenient to them.
While cryptocurrency is largely preferred on the casino site, you can make your withdrawals through UPI as well.
Below is a table highlighting the different payment methods available on Stake and their withdrawal limits:
|Minimum Withdrawal Limit
How Long is the Stake Withdrawal Time?
All withdrawal requests are usually completed in under 24 hours, with the amount reflected in your account within the stipulated time frame.
However, Stake urges you to allow up to 4 days before reaching out to customer support for assistance in case of a delay.
If it has been more than 4 days and you still have not received your withdrawal amount, you can write about the same to firstname.lastname@example.org.
How to Cancel a Withdrawal?
Stake processes its withdrawal requests quickly, meaning you may not be able to cancel or reverse them. However, be sure to check the status of your cash-out request immediately in case you change your mind.
If the status reads as ‘Pending’, then you can contact their customer support team for its cancellation. In case it has been processed, you cannot cancel it.
Why Can't I Withdraw Money from Stake?
Stake is a user-friendly casino platform that allows for easier withdrawals. Nevertheless, if you are unable to withdraw your winnings, it may be due to many reasons.
Firstly, ensure that you have verified your phone number and email address. You can do this at the time of registering with Stake.
Secondly, your transaction request may be an unconfirmed one. On your part, you should confirm every transaction to enable it to be credited to your account.
You may also want to check the number of confirmations required by your preferred transaction method. For instance, Bitcoin requires 1 confirmation, but there are other wallets wherein you may require over 3 confirmations.
If your withdrawal amount is a large one, it may be stuck at the casino’s end because it needs to be manually processed by the administrators. At such times, patience is requested at your end, and you will be duly notified about the progress.