Terms
What you are agreeing to.
Last updated October 2026.
We make the prices. The instruments here are synthetic. Their prices come out of our own software, not from any exchange, broker or market. Nothing you see is the price of anything in the world. You are betting against this house, on numbers this house generates — which is why every one of them is published and checkable, as described in section 7.
The odds favour us. The payout on a winning call is less than the stake you risk to win it, so the longer you play the more certain a loss becomes. This is not a way to make money. Stake only what you can lose without it mattering.
1. Who we are
This platform is operated by StakeOption Limited, licensed by the Betting Control and Licensing Board of Kenya under licence numbers BK-0005245 and PG-0008545.
We are a betting operator. We are not a broker, a dealer, an exchange, an investment firm or a financial adviser, we are not licensed as any of those, and nothing here is investment advice or an offer to trade a financial instrument. What we offer is a bet on whether a synthetic price will be higher or lower at a fixed time.
2. Real money, and how a call works
On a real-money account, a stake is deducted when you place a call and it is gone unless the call wins. If it wins you receive the stake back plus the payout published for that clock. If the price at expiry is exactly the price at entry, the stake is returned.
The payout rates are published in full on how a call settles, alongside the edge they give us. A call that expires while our price feed is not running is voided and the stake returned, rather than settled against a price nobody saw.
3. You must be 18, and your money goes back where it came from
Betting is for adults. You confirm you are 18 or over when you register, and you must be legally allowed to bet where you are. We will close an account we believe belongs to a minor and return its deposits, keeping no winnings from it.
We do not ask you for identity documents to withdraw ordinary amounts, and that is a deliberate decision rather than a gap. Your money can only go back to an M-Pesa number that has already paid in, and Safaricom registered that line against an ID before it could send us anything — so asking you to photograph the same ID for us would delay your payout to repeat a check that has already been done.
Two things change that. Once more than $770.00 has left your account in total, we check once who you are before sending more. And we may ask sooner if something about an account needs explaining, which is an obligation on us rather than a judgement about you. One account per person; we may merge or close duplicates.
4. Your account is in US dollars
Balances, stakes and payouts are US dollars. M-Pesa moves shillings, so every deposit and every withdrawal is converted at the mid-market rate when you ask. You name dollars; your phone is asked for the matching shillings.
We add nothing to the rate in either direction. On a deposit, the rate is fixed when the prompt is sent, so the dollars you asked for are the dollars credited however long M-Pesa takes to confirm. On a withdrawal, it is the rate at the moment you ask. Every conversion is recorded against the transaction.
What this means for you: while your money sits in a dollar balance, its value in shillings moves with the exchange rate, and that works both ways. If the shilling weakens you get more shillings back than you put in; if it strengthens you get fewer. That is not a fee and it is not something we take — it is what holding a dollar balance means, and it is worth understanding before you fund one.
5. Paying money in
Deposits are by M-Pesa prompt to a number you give us. You enter your PIN on your own phone. We never see it, never ask for it on this site, and hold no standing authority over your M-Pesa line — every deposit needs your PIN again.
Between $10.00 and $1,750.00 per deposit. More than that is another prompt. You name dollars; M-Pesa asks your phone for the shillings. A deposit reaches your balance when Safaricom confirms it, which is usually seconds and occasionally longer. If money leaves your M-Pesa and does not appear on your balance, tell us — we can query it against Safaricom's records and credit it, and we would rather you told us than assumed it was lost.
6. Taking money out
Withdrawals go back by M-Pesa, and only to a number you have deposited from. We will not send your balance to a different number, however it is asked for. You ask in dollars. Between $10.00 and $1,750.00 per withdrawal. More than that is another withdrawal.
Past the total in section 3, a withdrawal waits on the one identity check described there. Below it, nothing waits on us. Occasionally M-Pesa does not confirm a payment either way — the money may have been sent or may not. When that happens we hold the amount off your balance and check it against Safaricom's own records rather than guessing, because guessing wrong either pays you twice or leaves you short. It takes as long as it takes to get a definite answer, and we will tell you what we find.
7. Checking that we did not rig it
We generate the prices, so you should not have to take our word for how they came out.
Prices are produced in ten-minute epochs from a secret seed. Before an epoch begins we publish a hash of its seed; when it ends we publish the seed itself. Anyone can then recompute every tick in that epoch and check it matches what we showed and what your calls settled against. The algorithm is published on how a call settles and you can verify any call you placed.
Because the seed is committed before the epoch runs and revealed after it, we cannot choose a price once we know what you staked on. Settled calls are never re-priced: we do not have a facility to change the result of a call after the fact, and we do not adjust prices in response to positions.
8. The demo account
Every account also has a demo balance. It is play money with no value, on the same price feed, and it exists so you can see how the platform behaves before risking anything. Demo results are not a prediction of real ones — the edge in section 2 applies to real calls exactly as it does to demo ones, and a good run on demo money is not evidence of anything. Demo balances can be reset by you or by us at any time.
9. Staying in control
If betting here stops being something you enjoy, ask us and we will shut your account to betting — for a set period or permanently, as you prefer. Say so at support@stakeoption.com and we will act on it; a permanent exclusion will not be reversed on request, which is the point of it. We will pay out any balance you are owed either way. We would rather lose your custom than take money from somebody who wants to stop.
Be honest with yourself about three things: chasing a loss with a bigger stake is how a bad hour becomes a bad month, borrowed money should never be staked, and the arithmetic in section 2 does not change however well you are reading the chart.
10. Your account and fair use
Keep your password to yourself; you are responsible for what happens under your login, so tell us at once if you think somebody else has it. Do not automate against the platform, do not try to reach other people's accounts, and do not interfere with the price feed or the settlement engine.
We may suspend an account while we investigate suspected fraud, collusion, money laundering, multiple accounts, or an attempt to exploit a fault in the platform. If we find nothing, the suspension is lifted and the balance is untouched. If we find that money was won by one of those means, we may withhold it and will explain why. Your own deposits are returned in either case, unless the law requires us to hold them.
11. Faults, and what we do about them
If a defect in our software causes a call to settle wrongly — the wrong price, the wrong payout, a payout that should not have been paid — we will correct the record and say what happened. Where a fault paid you more than the rules provide, we may reverse the excess. Where it paid you less, we will pay the difference. We will not use this clause to reverse a loss you incurred fairly, or to undo a win merely because it was large.
12. Changes, and stopping
We may change payout rates, add or remove instruments, and adjust limits. Rate changes apply to calls placed after them: a call already open keeps the payout it was filled at.
If we close the platform, we will say so in advance where we can, stop accepting deposits and calls, and pay out every real balance owed. Closing does not cancel what we owe you.
13. If you think we have got something wrong
Tell us at support@stakeoption.com, with your account address and what happened. We will look at the record — every call carries a hash and every movement of money is on your statement — and give you a reasoned answer rather than a form reply.
If we cannot resolve it between us, you can take the complaint to the Betting Control and Licensing Board. Nothing in these terms removes a right you have under Kenyan law.
14. No warranty, and the limit of what we owe
The platform is provided as-is, with no guarantee that it will be available, uninterrupted or free of defects. We are not liable for a loss caused by your own device, your connection, or your decisions about what to stake.
Where we are liable, our liability is limited to the money in your account plus anything you have paid us, except where the law does not permit that limit — and it does not permit us to limit liability for our own fraud. A losing call is not a loss we caused; it is the product working as described.
15. Contact
Questions about these terms go to support@stakeoption.com. If any part of them is unenforceable, the rest still applies. These terms are governed by Kenyan law.