I will try to focus on your question as all others already explained more than enough why stake right to act like this (presumable this is not fake). Actually what happened to you in this situation already happened to a lot of other gamblers too. I know that for example the European Union is currently drafting laws to protect European customers from this kind of situation but on the other side stake.com - for now - didn't do anything wrong. As others had summarized you would have had enough alternative options available.