I think he figured it out, it is said ten times already and it is a quite easy concept to understand. There is a max win, which means you are allowed to gamble as much as 100 bitcoins but if your win maxed at 3 bitcoin, that means you can't bet higher odds, you can't bet on winning with x10000 or something, all you can bet is 3% to win, and that is 1.03 which usually doesn't exist.
It means there is very rare situations where you can bet the max amount but also win the max amount at the same time, so you bet less and you make sure you bet on guaranteed odds (not really guaranteed but very low chance to lose) to win that. Most of the time it is used by people who wager 3 btc and win 3 btc and that's it. Or maybe 10 btc to 10btc but there is no one that bets 100 btc to win 10 btc, that is rare.
Topic: Stake.com owners is richer than Microsoft and Amazon and apple come to see why. (Read 340 times)
June 03, 2020, 11:19:22 AM
June 03, 2020, 03:20:12 AM
Nice catch but I guess that is an error from their end.
OR when you try to bet with max bet they will give you error message as Bitinity says.
OR when you try to bet with max bet they will give you error message as Bitinity says.
This is not an error on Stake's end. Stake has max bet but they also have max win per bet. OP does not understand it correctly and thinks that someone is able to bet with the max bet using the max payout on specific games.
Max bet is usually different from max win, and I have seen cases where the site adjust the max bet depending on the payout, so that it is not able to place that big bet.
This is what I mean on the previous post. Stake will notify players whenever players set a bet and payout that may win more than the allowed max win per bet. You can click the bet button but it wont go as you will get error/warning notification.
June 03, 2020, 02:28:01 AM
Nice catch but I guess that is an error from their end.
OR when you try to bet with max bet they will give you error message as Bitinity says.
Max bet is usually different from max win, and I have seen cases where the site adjust the max bet depending on the payout, so that it is not able to place that big bet.
OR when you try to bet with max bet they will give you error message as Bitinity says.
Max bet is usually different from max win, and I have seen cases where the site adjust the max bet depending on the payout, so that it is not able to place that big bet.
June 03, 2020, 12:24:32 AM
Quote
100btc*1000000
There will never be enough btc in the world to pay that, lol.
And he is not that rich, i mean, 5BTC as a max win isn't big at all, you can compare it with Luckybit and their 15BTC as max profit. Or with the 28BTC jackpot on BitcoinVideoCasino.
OP is just misunderstanding what he see on Stake (probably in other sites as well). As pointed out by rzyaadit, every site has their own max profit per bet. OP did not notice about the max profit per bet, I believe he never tried to bet/play with a possible profit more than what is allowed on Stake. I suggest OP to try betting on Limbo with the max payout 1,000,000 and bet at least 501 satoshi. He wont be able to do it and he will get pop up notification that he cant win more than 5btc.
June 02, 2020, 02:48:22 PM
Quote
100btc*1000000
There will never be enough btc in the world to pay that, lol.
And he is not that rich, i mean, 5BTC as a max win isn't big at all, you can compare it with Luckybit and their 15BTC as max profit. Or with the 28BTC jackpot on BitcoinVideoCasino.
June 02, 2020, 01:45:34 PM
The max win on Limbo game is 5 Bitcoins!
So even if you place 100 Bitcoin bet, you wouldn't be able to set your target payout beyond 1.05x!
If you set your target payout beyond 1.05x (which can give you more than 5 btc profit), there will be shown an error.
Besides, it's not unfair. Because they aren't simply running with the 100 btc if you lose because the lower your target is, the higher the chance is that you are going to hit it. So if you hit 1.1x or 1000x, you get to keep your 1.05x which is 5 Bitcoins!
So even if you place 100 Bitcoin bet, you wouldn't be able to set your target payout beyond 1.05x!
If you set your target payout beyond 1.05x (which can give you more than 5 btc profit), there will be shown an error.
Besides, it's not unfair. Because they aren't simply running with the 100 btc if you lose because the lower your target is, the higher the chance is that you are going to hit it. So if you hit 1.1x or 1000x, you get to keep your 1.05x which is 5 Bitcoins!
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June 02, 2020, 01:37:20 PM
Maybe this is not the right section of this topic. And the suitable section for this topic is maybe gambling discussion. So I will suggest the topic creator to move this thread in gambling discussion- https://bitcointalk.org/index.php?board=228.0
Correct me anybody if I am wrong. That will be highly appreciated.
Correct me anybody if I am wrong. That will be highly appreciated.
June 02, 2020, 01:25:01 PM
The title and topic make no sense whatsoever in my opinion. Do you even realize how big and powerful MS, Apple etc are? The owners of Stake would probably be ants when compared to such mega-corporations.
In the topic, you talk about maximum bets which is completely different from the title. A small percentile bet the maximum in any casino site for obvious reasons.
Most elite gamblers take their time instead of going all in with their 1st bet and they usually never bet the maximum immediately.
In the topic, you talk about maximum bets which is completely different from the title. A small percentile bet the maximum in any casino site for obvious reasons.
Most elite gamblers take their time instead of going all in with their 1st bet and they usually never bet the maximum immediately.
June 02, 2020, 01:15:28 PM
No casino will also allow a 100 BTC bet.
But the reality according to pictures from @OP "stake" accepted bet 100 BTC XD.First of all I think they should update their rules so I think I'm. It wrong how can a player know the maximum win if the site doesn't show it .
And your third. Maybe you tall about crash talking about limbo
Once I got ×13000
And also there some crazy gamblers and nig holders of BTC like the early guys a big guy who hold 5000btc for him putting 100btc bet is nothing it's a possibility
They already give the information on "Bet Amount !" when you placing the bets what u need just "Move/Click the cursor to ! on the side Bet Amount, so the rules and everything is clear enough. If you already gambling on every casino most of the casinos give the information of maximum bet by doing that action.And your third. Maybe you tall about crash talking about limbo
Once I got ×13000
And also there some crazy gamblers and nig holders of BTC like the early guys a big guy who hold 5000btc for him putting 100btc bet is nothing it's a possibility
It is no different at all, everything was answered by the same answer even you want to compare it with other game crash or etc. You can complain if they don't have maximum bet and maximum payout they can handle. But, according to your question stake already have all of the information they give to the user for your question.
About "crazy gamble" but he has some chance to get a low multiplier with a low risk right? Most of user who doing an maximum bet or high bet always want to get a low multiplier to make a safest bets. Aslong the cassino already give an information, they not really wrong.
https://imgur.com/a/osrTmKU
Every casino always giving the maximum bet by doing this, so you can easily know the max bet you can get without go to another tabs or looking at T&C/Blog casino.
June 02, 2020, 01:08:31 PM
So am I wrong ?
Yeah wrong.[1] @joksim299 already said they have maximum bets.
[2] The maximum bets all depend on every casino bankroll if their bankroll fund was increasing most of the casinos will also increase their maximum amount of user can win. Basically, all depends on the situation bankroll of each casino.
[3] Every user places a bet with a high bet to chasing a big payout with a high percentage winning and low chance to lose. But sometimes, most of people believe if you placing big bets then the bots will chasing you. No one wants to take the risk because of that, even if the player placing a bets with 100 BTC they could cant resist the temptation by cashout with x1.01-x1.30 multiplier. It's more than enough for them.
So if someone lose with that odds they will take all his 100btc
But when he wins ×100 or ×10000 they will say sorry we have maximum win
And this hide. Maximum win why not in rules?
They already give the information a maximum profit every user can win.But when he wins ×100 or ×10000 they will say sorry we have maximum win
And this hide. Maximum win why not in rules?
Go to every game, side of "Bet Amount" you see this "!" move/click your cursor to thats then you will see the maximum profit they can give. Maximum payout for limbo "5 BTC".
And your third. Maybe you tall about crash talking about limbo
Once I got ×13000
And also there some crazy gamblers and nig holders of BTC like the early guys a big guy who hold 5000btc for him putting 100btc bet is nothing it's a possibility
June 02, 2020, 01:08:01 PM
Hi. So stake is a provably fair casino well mayne as I play there sometimes .
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
They have max win in place.
But when he wins ×100 or ×10000 they will say sorry we have maximum win
And this hide. Maximum win why not in rules?
If your stake x odds is more than the maximum payout allowed, the bet will not be accepted in the sites that I use.
There is also maximum bet amount for some casinos, No casino will also allow a 100 BTC bet.
June 02, 2020, 12:59:43 PM
So am I wrong ?
Yeah wrong.[1] @joksim299 already said they have maximum bets.
[2] The maximum bets all depend on every casino bankroll if their bankroll fund was increasing most of the casinos will also increase their maximum amount of user can win. Basically, all depends on the situation bankroll of each casino.
[3] Every user places a bet with a high bet to chasing a big payout with a high percentage winning and low chance to lose. But sometimes, most of people believe if you placing big bets then the bots will chasing you. No one wants to take the risk because of that, even if the player placing a bets with 100 BTC they could cant resist the temptation by cashout with x1.01-x1.30 multiplier. It's more than enough for them.
So if someone lose with that odds they will take all his 100btc
But when he wins ×100 or ×10000 they will say sorry we have maximum win
And this hide. Maximum win why not in rules?
They already give the information a maximum profit every user can win.But when he wins ×100 or ×10000 they will say sorry we have maximum win
And this hide. Maximum win why not in rules?
Go to every game, side of "Bet Amount" you see this "!" move/click your cursor to thats then you will see the maximum profit they can give. Maximum payout for limbo "5 BTC".
June 02, 2020, 12:58:05 PM
Hi. So stake is a provably fair casino well mayne as I play there sometimes .
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
They have max win in place.
But when he wins ×100 or ×10000 they will say sorry we have maximum win
And this hide. Maximum win why not in rules?
June 02, 2020, 12:51:22 PM
Hi. So stake is a provably fair casino well mayne as I play there sometimes .
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
They have max win in place.
June 02, 2020, 12:47:26 PM
Hi. So stake is a provably fair casino well mayne as I play there sometimes .
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
But as we know the potential win on limbo per stake can reach ×1000000
https://imgur.com/VabigPu
https://imgur.com/8lcFXxM
And maximum bet on limbo at stake is 100btc
Means 100btc*1000000 its even more than btc marketcap
So am I wrong ?
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