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Topic: Stake vs Drake Event: a total ripoff - page 2. (Read 201 times)

staff
Activity: 1316
Merit: 1610
The Naija & BSFL Sherrif 📛
December 18, 2023, 01:04:41 PM
#6
These types of promotions are quite common.
It actually makes sense to reward those putting the most at stake in a casino but you should never take it as a sign to gamble more than you can afford to lose.

Those high stakers who can afford to stake more than $20k per week don't need this pathetic $5 and will never engage in something so meagre. This type of offer should have been reserved for smaller or lower stakes players for whom $5 is significant to

I'm a silver VIP on stake, but this promotion is a slap in the face. Spend $20k for $5 Lol
sr. member
Activity: 1820
Merit: 386
December 18, 2023, 12:12:00 PM
#5
For sure it looks insignificant in comparison to the amount of required bet but it's not like players will knowingly risk the $15K because they will be getting $5. I think you're making a big deal out of this. It's as simple as don't participate if you don't like it and just do your usual bets. There's no need to be riled up over a promotion.

On the one hand you're right, but on the other hand you're creating a very big hype here, $1,000,000, 1 million dollars, it sounds tempting, and in the end of the day you give out perhaps 5% of it to your users.

We promoted the event as part of our partnership with Stake but seeing the end result this creates a bad image for us, as affiliates, telling our users about a massive $1m promo, which eventually shed a bad light on us.

So it's not just a matter of being an individual here electing not to participate, there's more to it unfortunately.
sr. member
Activity: 1526
Merit: 412
December 18, 2023, 11:09:29 AM
#4
Any comments?
For sure it looks insignificant in comparison to the amount of required bet but it's not like players will knowingly risk the $15K because they will be getting $5. I think you're making a big deal out of this. It's as simple as don't participate if you don't like it and just do your usual bets. There's no need to be riled up over a promotion.
legendary
Activity: 2394
Merit: 1412
Leading Crypto Sports Betting & Casino Platform
December 18, 2023, 10:41:30 AM
#3
These types of promotions are quite common.
It actually makes sense to reward those putting the most at stake in a casino but you should never take it as a sign to gamble more than you can afford to lose.
It's just a complementary tip for being a high stakes gambler.
Big exchanges like Binance also run such promotions.
The advertised amount is probably actually given away for real to those participating, but you shouldn't really go out of your way to hunt rewards. In order for them to spread the rewards to as many people as possible naturally individual rewards won't be too high, and also the stakes can be high for a single reward.

So it would be smart to just see it as a side activity with your regular gsmbling.
sr. member
Activity: 1820
Merit: 386
December 18, 2023, 08:31:43 AM
#2
Any comments?
sr. member
Activity: 1820
Merit: 386
December 18, 2023, 02:51:19 AM
#1
The event Stake had several hours ago was truly a ripoff.  Angry

How can you promise $1,000,000 giveaway where you don't really give it all away?!

And giving away $5.00 only to those who wagered $20,000 in the past 7 days? $5?

Most users don't wager $20,000 ... let alone $10,000 in the past 7 days .... and even if hypothetically someone would have done it, risking $20k to win $5 is more than absurd. This is a borderline scam.

Feel free to watch a video reaction to the event here:
https://youtu.be/7fWeTLaWhTY


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