Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 194. (Read 283333 times)

That might be a little too much, but I agree that if you do not follow the rules of a casino then you are basically giving them an open credit to just take all your money, I do hope that people do not lose all their money but if you break their rules then there is nothing I can say to support you in that case neither. We have seen plenty of people who complained about stake before, and if you look every single one of the broke one or the other rule, it doesn't have to be multi accounting, it could be something else but they just break rules.

This is why it's quite important to handle it with care and check each rule and make sure you do the right thing one way or another. If you do not do that then you are going to end up with an issue.

You never know when the big man Kevin might come past your stream

https://twitter.com/Stake/status/1682518061406990336

There are no concrete methods to find out which accounts abuse the bonus system, as you explained it is not flawless. Many promotions have been declined on some accounts and the support team has asked for additional KYC verification to let these users claim the promo coupon. Well, they don't disclose information how this system works. The support team has no concrete explanation for why such things happen to some users while other users are not affected from these changes. Maybe it is something related to the account activity but we may never guess it correctly, IMHO.

If we look at the complaints in the Stake forum, most of the complaints are even coming from Platinum 2-3 players.
It means that your assumption is not really correct that only lower than Gold accounts which are affected.
However I have to say that I do not feel significant deduction but I also have to say that my weekly/monthly bonus is a bit lower than I used to get although my wagering statistic is mostly similar every week or month.
I wont complain now but I think I'll do the same as other who make complaints in the stake forum if I get something which is unusual like $5-10 monthly bonus for Platinum 2-3 users.

How do we discuss it because what we discuss is vague with no clear source and is only based on personal opinion, if we talk about Stake.com revenue obviously no one can confirm except from their own team but we can calculate based on the weekly bonus. Last week Stake.com distributed $8.7 million for the weekly bonus they earned from house edge, according to the formula $8.7 million bonus is 20-35% of their total house edge revenue distributed among players so we can assume Stake.com probably earns 2-3 times higher than weekly bonus, with such income there shouldn't be budget constraints in some bonus /promotions.

Regarding bonus deductions, from what I know those affected are players who are at Gold level or lower (reload mode) which only affects monthly bonuses not weekly. Indeed, a few weeks ago we got a lower weekly bonus, but it was confirmed that there was a system error and it was doubled the following week. In the last week my weekly bonus was $11.9 for collecting 2 tickets my VIP level is Gold. I personally think there is no change in the weekly bonus but I don't know if some accounts experience it, just try to confirm through the VIP host there may be further explanation.

We have had similar promotions like these in the past one-years ago, there is nothing affected to us. Streamer, promotion with the club and other think but recently is just change and that effect us. They cost too much spending on something that is really burning money, is that what they offer to us and we have nothing wrong to complain about because we grind for the rank "VIP" as well and to be qualified we also need to Wagger & Potential losing money as well.  The change is really2 happening after the "Kicks.com", we all know "Stake" owned that. Kicks make a movement to try invite streamers to their stream with private deals, costing more or doing the same things "Mixer" did against Twitch. Kick not gonna make revenue for the next few years (There also have some chance failed because they burn too much money and do not make revenue from the streaming service just like Mixer).

Because of the other service, from (Kicks), they use the stake budget for covering Kicks spending financial. I don't mind, they spending on promotion even though we all know the stream/celebrity playing with affiliated money. The only problem because to much burning money our portion needed to be cut for covering it. Anyway about promotion, is not free too we off course need to deposit and wagering (not completed free). Unless is free, then I can agree with you too.

Yes my friend, I clearly stated in my comment there that all i said as well is nothing but my personal opinion and shouldn't be taken seriously..

All i can say as my concluding statement or comment on this issue of bonus is that, we all should relax and see what the bonus for this month will look like, if its still the same or even worst, then maybe we all can write to stake to explain in details what exactly is happening, if this was all about me, I did say I don't care very much about the bonus, i am not a high roller, so my weekly and monthly hasn't always been that much, and most of the time , I don't even remember to claim them, so this is pretty much not a problem to me, but for the sake of those who care very much about the bonuses, I think they deserve an explanation as to why the significant reduction.

You gotta look at the amount of money they spend on promotions. You have roughly 9 million dollars a week going out in weekly bonuses, you have streamers getting paid, you have the weekly raffle, 100k race daily, forum giveaways, celebrity sponsorships, and the signature campaign here. Stake is spending a shitload of money!!! They cannot just give away large amounts to users who earned a VIP level for life unless you are playing, depositing, active on the site, or whatever. I also heard you earn a little less if playing the stake originals only, but I have no idea if that's true.

Bottom line, they're a business and have to make cuts here and there. If you are level 2 verified and wager a decent amount weekly($8-10k) they do quite a few bonus drops as well as the weekly stream usually has $25-50 weekly for users to claim.

Instead of being pissed that you're not getting what you used to get every week, enjoy the fact that you get anything. Not all sites give you free money weekly. If you were the owner of the site, would you give away all your profits? Or would you look for ways to be generous, but also allow your business to grow and still profit?

What does this have to do with what I wrote???
Of course the player base will decrease if the incentive to play gets shortened. Why would players stay with stake if some other site has a better bonus/rabe back/ bet back system in place. Right now they are still on top because other sites didn't really catch up, but this can change at any time.

Stake is really professional but their promotions department definitely is not. Also this "Kevin" nonsense on twitter tells a good story about it. I have never seen a site mocking/trolling their player base as much as stake does. Hopefully more people wake up soon and go play somewhere else. What makes stake great if not the bonus? Less bonus = less great -> people find other places with better offers.

Stake is like a drug dealer. Getting people hocked with a cheap price (high bonus) and when they are addicted they raise it up (lower the bonus).

I'm not really sure what was the reason why Stake decide to change their bonus mechanism while it has been running for years and this is what make players stay in Stake. I think I have to agree with ryzaadit because it seems that the number of online players is starting to get lower than before and maybe it will continue to get lower number in the future. Well they are going to celebrate their 6th anniversary next month, if there will be no more special thing like what they used to have in the previous years then we can expect that they will lose players more and more.

Your opinion is also nothing without their statement ~LOL.

People talking like that are based the experience and how the result they get comparing to old time, there has some people playing and waggering but getting less like under 10$. Meanwhile a long time ago, even my self only waggering a lot waggering with (around 3000-5000$) still can get at least 30$. Without waggering in the current month, if you waggering in the last month you still can get the base amount bonus (depends on your rank).

It's true, the system could be change without the notice for everyone.

Well, if you would have followed the weekly stream regularly you would know that in fact it is true and the bonus mechanism has been changed. Eddie mentioned that several times, also at the official stake community some mods explained this after many people complained about way to small bonus amounts.

Before the bonus was calculated by VIP level and wager amount. For weekly it was base amount plus approximately 1$ for every 1k wagered. These days are over. Now wins/losses, deposits/withdrawals and wager (the higher the house edge the more it counts towards the bonus). VIP level doesn't really come into play anymore, which really is a shame. People worked hard to reach a certain level and now it's pretty much worthless. 

Without an official statement from stake, your statement that they changed the bonus mechanism since last Christmas is nothing but a personal opinion to the issue, what i was even assuming some days ago was that, the bonus probably was reduced maybe due to reduction in user activities on the casino, with their recent development in terms of mandatory KYC for newly registered users, its not out of place to assume that the casino might or will lose a lot of potential customers who are not wiling to under go the kyc before depositing and playing, and knowing that the bonuses are paid from the profit the casino made from gamblers loses, it just ok to expect that the bonus will drop if user activities drop on the casino .

Anyways, this is another personal opinion though, just my thought., nothing to be taken serious.

I'm not compared with from low to growing.

But my comparation is from the highest we got and current moment, like we got from 2K-3K people to around 15-20K people from usually time and in some section we got around 20K-30K. Now is just around 7-10K and in some section around 12-15K maybe in weekly we got around 20K but is only for the stream after that the number will be decrease.

Is truly showing the downfall, with the promotion they are using.

Is that your own observation or do you get the data from some other source? (Google Analytics) ?  There are different time zones, so if that is your own observation, then you might miss the "active" chat users that are online in other time zones.

I can say from my own experience, chat numbers have been stable and slightly growing over the years. I started gambling at Stake when the "rain" requirement were much less than what it is now.... and even with all the rain farmers, Stake chat had about 3000+ users per session.

I think with all the counter measures for bots that has been implemented by Stake, numbers have been kept under control... so we are just seeing genuine players now. 

"I went with Gates of Olympus. Didn't deliver the way I had hoped."

$40 coming to someone who comments their username below.

https://twitter.com/Stake/status/1682194059434024960

If their multi account detection is flawless, their casino will be either compromised by cheaters or their reputation will be damaged by mistaken bans against their users.

After years, Stake.com has still maintains its high reputation which says all about their platform, available games, multi account detection tools as well as their trusted operations from provably fair to withdrawal process and customer support.

If you run a casino which has flaws behind the scene, it will be exploited by cheaters and just one or few big wins can destroy your casino budget and if you refuse to proceed withdrawal, break your Terms of Service, your casino reputation will be damaged and nearly impossible to recover.

I can still see 10k-15k users online per day (depends on the time of the day too). I don't think there's much of a change in the number of players there is. At it's highest peak it goes from 18k-23k online users.
It's having some troubleshooting sometimes which leads to sudden maintenance but I think they are okay, it's not taking that long, maybe less than 5 minutes, and perhaps it's because of the change in UI which I think Stake.com did a great job with.
It looks cooler now and in order especially in the sports betting section. Thank you for that. I just wish the update won't lead to a heavier website but more on a smoother one for the best playtime experience.

I think their multi account detection is not flawless. Many of the accused players say they only have this 1 account they are playing with.There have been many complaints in the stake forum, many of them sound genuine and also a little bit desperate .
If it's true what they say, nobody knows, but I think stake also makes mistakes.

I on the other hand, know several people that have 2-3 accounts at stake, and none of them is being blocked from promotions. Last monthly was normal for them, for all accounts. So obviously they are not detected, or at least not yet. 

They have changed the bonus system since last Christmas and now many high-roller VIP users are not satisfied with the current bonus mechanism, IMHO. Multiple accounts are detected by their system, as you can see so many users get very low monthly bonuses like a $5 monthly coupon for plat 2 users. It is not acceptable ration to get a few dollars worth bonuses for such high-level VIP users, Eddie has not explanation for this bonus system probably. I dunno why it is so dead bonus for high plat users, they are responsible to motivate plat users, IMO.