What a clueless take. Let’s break this nonsense down.
“If I choose shady way to send my money...”
Buddy — the shady way was literally listed on Stake.com’s own website. The UPI option was displayed, facilitated, and marketed by Stake. The customer didn’t go rogue — he clicked what Stake offered. So let’s stop pretending this was some back-alley deal gone wrong.
“Stake can’t do much about it…”
Then why did they partner with these shady third parties in the first place? When real money flows through your platform, due diligence is your job. If I book a flight on a travel site and the airline vanishes, I don’t go hunt the airline — I go after the platform that took my money.
“Feeling scammed ≠ Being scammed”
Cute. But Stake advertised an official-looking deposit method, took advantage of India’s lax crypto oversight, and when it backfired — washed their hands clean. That’s not just a feeling. That’s a textbook scam through willful negligence.
“This is like blaming the casino when Trump Coin drops…”
No, it's like blaming the casino when the cashier steals your chips and they pretend they never saw you. Total false equivalence. We’re not talking crypto volatility — we’re talking real-world money sent through Stake’s own UPI gateway.
Let’s be honest — you're not defending logic, you’re defending a paycheck from Stake’s signature campaign. Users like you are the reason scams like this survive. You twist the blame back on victims while collecting chips from the very casino screwing people over.
Stake routed Indians through illegal UPI methods. Users got scammed. Stake denied refunds. And now they hide behind “payment providers.” That’s the truth.
Stop gaslighting and stop deflecting.
If Stake is so innocent, let them provide:
The name of this “payment provider”
The date of partnership termination
A public refund policy for failed UPI deposits
Until then, they’re not a platform. They’re a polished criminal enterprise. And your defense? Just another puppet dance.
Stake can't refund you money they don't get. Otherwise everyone would pretend that they had send them money. If my bank / paypal, moonpay or what ever messes up my transaction i would contact them. Not complain to company that didn't get my transaction.
I am not even acting like i have heard about UPI before, but if they are using shady third party option, then that's only case you have against them.
But from what i read, UPI isn't even banned in India, they just updated regulations for it starting this month. So they seem to be perfectly legit payment option. In your other posts you are referring to UPI when talking about Indian legal restrictions on online gambling and financial regulations, even though you aren't quoting any of those laws.
This is the kind of
scripted excuse you’d expect from someone either willfully ignorant or paid to protect Stake’s reputation.
Let’s clear the fog.
❌ “Stake didn’t receive the money” That’s the illusion they create by laundering your deposit through shady third-party vendors. But here’s the truth:
Stake.com
displayed UPI as a legitimate payment method on their platform.
They partnered with third-party payment processors who disguised these transactions as something else — often labeled as “consulting” or “digital services.”
When the money goes missing, Stake shrugs, pretends they weren’t involved, and tells you to chase ghosts.
This isn’t a one-off.
Hundreds of Indian users faced frozen bank accounts and blocked cards — not because of some error, but because
Stake knowingly broke Indian financial regulations and let others take the fall.
[flag=IN]
Let’s talk about UPI and Indian Law[/flag]
“From what I read, UPI isn’t even banned in India…”Nobody said UPI is banned.
What’s illegal is
using UPI for gambling transactions, especially involving offshore casinos like Stake. This isn’t some grey area — the RBI and Indian Cybercrime authorities have made it crystal clear:
- 🔹 Facilitating gambling payments through UPI
- 🔹 Laundering deposits through unauthorized vendors
- 🔹 Encouraging Indian users to bypass laws under the guise of “crypto” or “entertainment”
All of that = blatant violation.🧾 Let’s be real — if it’s not a scam, why the coverup?- Why was my post exposing this deleted from Stake’s own forum?
- Why are users not warned about the legal risk of UPI deposits?
- Why does Stake now charge “provider fees” when UPI deposits fail?
- Why are affiliates like ‘bleed blue’ still promoting UPI to Indians without legal disclaimers?
Because it’s not about transparency.
It’s about maximizing revenue during IPL season, even if it means burning Indian users.🧠 To Anyone Still Defending This:Stake wants the Indian market. But they know 99% of users there don’t know how to use crypto wallets or convert INR to BTC/USDT. So instead of educating,
they exploit.
They shove UPI into the checkout page, wash their hands if it fails, then point fingers at the "provider" —
one they selected and profited from.
So yes —
Stake is responsible. Legally, morally, and financially.If they can’t vet their own payment gateways,
If they won’t refund victims,
If they delete posts exposing their lies —
Then what else do you call them, if not a scam?