I am so glad that I didn't wagered on that. Plus I was doing hooooorrrible on euros for the longest time, but I got my head straight and wagered on the last 4 bets a lot better and got lucky, it was a horrible fear that I would end up with pure losses but ended up breaking even and even making a tiny profit (nothing much just chump change).

So just keep it up, I am sure you will either eventually make it back or this is gambling we all know in the long run we all lose, that means we will end up losing eventually and maybe it is your time now, you will eventually recover a bit of it and deposit a bit more and get back to your peak again thanks to those, but losing is part of the game in gambling, we all have to lose according to house edge in order for casinos and books to keep it alive, otherwise they would bankrupt quite quickly if we all kept on winning.

Its been a while since Stake offers extra bonuses for players who want to do verification level 1-2, but since it is just an offer means that players are still free whether to do it or not. I also hope that it will not be a mandatory in the future but for sure we cant hope too much especially when Stake is forced to make it mandatory due to regulation.

Based on my experience, Stake only asks for KYC related to certain promotions and they inform you beforehand without playing any sort of tricks or anything.

I was never asked to submit my KYC so far(Am a small-scale gambler) and I have been playing here for sometime now. Also, they will require KYC if they find something suspicious just like any other crypto gambling site(Listed in their T&C).

Nope.

KYC is not mandatory as long there is no shady activity on your account, I deposit and withdraw really a lot from them never meet any problem at all. I also agree with @panjul07 say.

I think the reason why a lot of people prefer to gamble at Stake and not at some of these other casinos ...are their relaxed view on KYC verification... The whole point of KYC verification is to identify people that are using casinos for criminal actions and Stake are monitoring people's accounts for that in any way.

The only way to launder "dirty" money... is to withdraw it.. so if you just deposit money and you play, without any funny business.. then no red flag will be raised.... but if you are pushing lots of money through your account and hardly gamble and then withdraw it.... then your account will be flagged. (Or... if you have multiple Alt accounts linked to your main account and you pushing money through them)

Some people just want their private details to be private.... even if they are playing from a legal location. (Identity theft is a real problem and KYC documents can be used on other sites)

Suspicious actions under your account will trigger any casino to freeze and ask for verification, not new to every casino owners as they needed to make sure that their business are safe with those money launderer.

The government is asking for this and the owners needs to comply if in any how there's something bad or something that the team
are seeing with the movements of your accounts.

But if there's none and you are just enjoying then nothing to fear as Stake won't harmed your account.

Dude everyone saying "KYC is not mandatory" no need to worry.

Even they started to make KYC is mandatory then feels free to leave no need to force yourself to do that, they ask but the only one who does that is you so you are the person who controls that. If he doesn't mind doing that, then that was good for him means they have a good experience with the site may be the reward is not worth for you but for the user who has big wagering amount maybe more than 200,000$ or even half-million $ wagers, 10% is good chunk money.

It is not mandatory in certain situations and I agree with that logic, it should not be forced to people and unfortunately we are seeing more and more places start forcing KYC to people which is a damn shame, I rather not give my information to any place as long as I can avoid it, why would I basically declare to the whole world about where I gamble and how much I gamble and what I gamble basically everything about me, even on exchanges it was a hard move towards KYC but now we are basically forced everywhere so I can't do much.

In other news we are talking about still not being able to participate in many things unless we give our KYC which is still not a good deal, I rather have some of my privacy kept while still enjoying gambling but it is getting harder and harder, I can probably just gamble regular games without anything else, but then I am missing out on so many promotions here as well.

That is a cool promotion.  I might have to toss a few bits on the Americans and see if the men and women's teams can live up to their reputation.  I think the exhibition stuff was a fluke and when medals are on the line the United States teams will step up, but we'll see.  International competition has grown so much since the Dream Team days that I think it won't be long before the US team is no longer considered the favorite.