Stake US Casino is not a website where you can directly deposit or withdraw from your account balance as with regular real money casinos. Instead, the casino relies on the sweepstakes casino model, which means that you redeem prizes rather than withdraw funds.
How Does Stake Casino Redeeming of Prizes Work?
Stake Casino operates two different virtual tokens – Gold Coins and Stake Cash. In order to redeem any prizes, you need to use your Stake Cash. Gold Coins are only used for fun play and cannot be redeemed for any prizes.
Although Stake Cash similarly has no actual monetary value, Stake Casino allows you to redeem it. Specifically, you can redeem it for a crypto prize. To do this you need to be a registered player, have an account balance of Stake Cash, head to your Wallet, and navigate to the Redeem section.
The prizes will vary and change in value, and you always need to look up the latest redemption terms and conditions to know the exact value of what you are getting.
Is It Legal to Redeem Prizes from Stake US Casino?
Yes, it’s perfectly legal to redeem prizes this way. As explained, you can use your Stake Cash and redeem it for cryptocurrency prizes. This follows the logic of the sweepstakes social casino model which has been time-tested in the United States and operates in a very specific regulatory framework.
Therefore, it’s completely safe and legal to redeem your Stake Cash for the aforementioned crypto prizes. Bear in mind that this is the only redeemable currency there is.
How Do I Get Stake Cash to Redeem It Later?
Naturally, you get Stake Cash when you bet in the currency and win bonuses, promotions, various challenges, and casino games. Another way is through the daily bonus which will award Stake Cash for free.
Have an exact theme or game name in mind? This is even better as you can use search to look up the specific titles that you are after. You may further filter down by game popularity or even pick a preferred supplier! BGaming, Pragmatic Play, and Hacksaw Gaming bring the best possible games to players at Stake Casino.
You cannot buy Stake Cash directly, although Stake Cash is offered as part of the Gold Coins bundle you can purchase on the platform. Please bear in mind that you cannot convert Gold Coins into Stake Cash, for example.
Redeeming Prizes – Is It Worth It?
Only you can decide if you want to redeem your Stake Cash into crypto prizes. Many players do, and many players find the appeal of Stake Cash to be a strong incentive to play more. Others, though, don’t mind sticking to Gold Coins. With enough promotions to go around, there is no one particular currency that is favored at Stake US Casino.
FAQs
Technically yes, as you can redeem your Stake Cash for cryptocurrency prizes that can later be exchanged for FIAT. There is no direct exchange for FIAT currencies, however.
No, not specifically. Sometimes you can purchase Gold Coin bundles which will credit extra bonus Stake Cash, but you are not buying the Stake Cash directly as per the social casino’s terms.
Yes, redeeming prizes at Stake US Casino is completely safe and you need not worry about anything. Just follow the process.
