You are absolutely right, and to add, I personally have not come across any casino that listed a token that belongs to another casino on the platform, I believe it's safe to say that this is due to the heavy competition among online casinos, every one of them is trying their possible best to become the best, and I believe they probably see listing a token belonging to another casino as helping such a casino to climb up, which is something they don't want to do, this is just pure business ethics I believe.
Apart from the competition so far there has been no casino token that has impressed its performance so that it can attract many people to invest in it, even some casino tokens that can be said to be famous have trading volumes that are also very small compared to the coins that many casinos use as their means of payment, so if some casino put it in maybe not many will play with the token because there is a fear that it will be difficult to sell it because of the low trading volume. 
Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 244. (Read 270729 times)
February 08, 2023, 02:43:20 AM
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 08, 2023, 12:56:47 AM
You are absolutely right, and to add, I personally have not come across any casino that listed a token that belongs to another casino on the platform, I believe it's safe to say that this is due to the heavy competition among online casinos, every one of them is trying their possible best to become the best, and I believe they probably see listing a token belonging to another casino as helping such a casino to climb up, which is something they don't want to do, this is just pure business ethics I believe.
There are also not so many casinos that have their own tokens (I only know 4) and as you mention, it makes no sense at all that another casino would list a competitors casino token. Most of these tokens are also only traded on smaller exchanges so the liquidity is low which could be another factor why not to list these tokens.
February 07, 2023, 11:41:05 PM
You are absolutely right, and to add, I personally have not come across any casino that listed a token that belongs to another casino on the platform, I believe it's safe to say that this is due to the heavy competition among online casinos, every one of them is trying their possible best to become the best, and I believe they probably see listing a token belonging to another casino as helping such a casino to climb up, which is something they don't want to do, this is just pure business ethics I believe.
There are also not so many casinos that have their own tokens (I only know 4) and as you mention, it makes no sense at all that another casino would list a competitors casino token. Most of these tokens are also only traded on smaller exchanges so the liquidity is low which could be another factor why not to list these tokens.
February 07, 2023, 06:49:44 PM
You are absolutely right, and to add, I personally have not come across any casino that listed a token that belongs to another casino on the platform, I believe it's safe to say that this is due to the heavy competition among online casinos, every one of them is trying their possible best to become the best, and I believe they probably see listing a token belonging to another casino as helping such a casino to climb up, which is something they don't want to do, this is just pure business ethics I believe.
No casino will accept another casinos token and not even all exchanges list them, that shows how limited supply the tokens could be since it function and scalability is limited to only their platform and a few of Depp's exchanges.
-But then that lead me to the question of whether casinos must spend such a huge amount of capital to develop those tokens and if yes, what is the way the casino aims to gain back the capital if the token can't be used outside their platform?
-shouldn't casino tokens be limited to only reward in-house and no need for hype since they are designed with short-term services in view?
February 07, 2023, 06:27:00 PM
Well said and I completely agree on your point of view.
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
It is better to put your money where your mouth is, altcoins most especially Casino based tokens have really performed below expectation in the past few months back, and up till now there is no recovery sign for most of them after the last market crash. It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
*I do advise people to avoid investing in them but rather they can use those tokens to place bets on the casino and earn extra rewards on them from time to time, aside from that, those tokens are suitable for long-term holding, because of their highly volatility.
This is why they don't have any, and that means whatever other token we are talking about doesn't belong here. There is definitely a potential out there, Stake could definitely consider it, they probably did consider it so far, and it must have turned out to be not a bright idea when they can already make millions without one.
Their reputation earned for more years will be their piece to earned support and success if they create their very own token. But do they really need it? I don't think so since they are very popular already and they can spend a lot of money for advertising their casino so for having that this casino is self sustaining already. Creating token might also give them bad taste to other group of people since some can't understand how the market work and maybe they will be tag bad if the price dump for some reason. So its good to remain like this and stick with no token on created since this is best for them.
Its not really that not necessary or really that much needed because i do agree on what you had said that they had established out their names already into this gambling industry on which
there's no need for them to add up more specially on this token idea where it isnt much needed.They are earning sufficient if we do speak about revenue and it is really that
obvious basing up on how they do run off their marketing and their bonuses and perks which we could say that they are really that on generous side.
February 07, 2023, 06:22:50 PM
Well said and I completely agree on your point of view.
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
It is better to put your money where your mouth is, altcoins most especially Casino based tokens have really performed below expectation in the past few months back, and up till now there is no recovery sign for most of them after the last market crash. It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
*I do advise people to avoid investing in them but rather they can use those tokens to place bets on the casino and earn extra rewards on them from time to time, aside from that, those tokens are suitable for long-term holding, because of their highly volatility.
This is why they don't have any, and that means whatever other token we are talking about doesn't belong here. There is definitely a potential out there, Stake could definitely consider it, they probably did consider it so far, and it must have turned out to be not a bright idea when they can already make millions without one.
Their reputation earned for more years will be their piece to earned support and success if they create their very own token. But do they really need it? I don't think so since they are very popular already and they can spend a lot of money for advertising their casino so for having that this casino is self sustaining already. Creating token might also give them bad taste to other group of people since some can't understand how the market work and maybe they will be tag bad if the price dump for some reason. So its good to remain like this and stick with no token on created since this is best for them.
February 07, 2023, 05:23:22 PM
Well said and I completely agree on your point of view.
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
It is better to put your money where your mouth is, altcoins most especially Casino based tokens have really performed below expectation in the past few months back, and up till now there is no recovery sign for most of them after the last market crash. It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
*I do advise people to avoid investing in them but rather they can use those tokens to place bets on the casino and earn extra rewards on them from time to time, aside from that, those tokens are suitable for long-term holding, because of their highly volatility.
This is why they don't have any, and that means whatever other token we are talking about doesn't belong here. There is definitely a potential out there, Stake could definitely consider it, they probably did consider it so far, and it must have turned out to be not a bright idea when they can already make millions without one.
legendary
Activity: 2394
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
February 07, 2023, 04:59:15 PM
Easy, tokens are supposed to be for perk and bonus hunters and those who trade short term
Bitcoin and Ether for those who also wish to hold long term, in the end at least with Bitcoin one can cash out in more exchanges, deposit onto most of casinos regardless of the price, that is the charm of high liquidity.
100% of casinos accept Bitcoin deposits even though they may have their own tokens, but because of the dominant feature of Bitcoin, it is always number one on the payment method of most casinos.
February 07, 2023, 04:37:22 PM
Easy, tokens are supposed to be for perk and bonus hunters and those who trade short term
Bitcoin and Ether for those who also wish to hold long term, in the end at least with Bitcoin one can cash out in more exchanges, deposit onto most of casinos regardless of the price, that is the charm of high liquidity.
100% of casinos accept Bitcoin deposits even though they may have their own tokens, but because of the dominant feature of Bitcoin, it is always number one on the payment method of most casinos.
legendary
Activity: 2394
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
February 07, 2023, 03:00:45 PM
~snip~ and something around 300x I did many times. Let's see what this new promo brings to us, shall we? 
The 'Money Train 3' slot has high volatility with low hit ratio. You should try the game if you are feeling lucky. Because, this game will drain your account balance if you don't get the big multipliers within a few hundred spins.Stake weekly slots challenge is very easy to complete as we need to hit 40× multiplier only. Although the prizepool is low for the forum slots challenge, but you should try it before going for the big one.
I have been watching a lot of videos lately about streamers play money train 3 and they never really got lucky or hit a big multiplier. One of them got a 1500x after multiple super bonus buys but other than that he just kept getting low multipliers. But you only need 1 spin to get lucky offcourse lol.
.So now, I am really wondering if the game is new.
If the game is actually new on the gambling market, then I personally believe it's understandable why making a good win from it is pretty difficult, casinos might be keeping a close watch on the game to make sure they don't lose money unduly to the gamblers due to manipulation.
If the above be the case, it will only take some time before the game becomes stabilized like every other game I believe, though this is if the game is actually new like I stated initially.
February 07, 2023, 02:43:43 PM
~snip~ and something around 300x I did many times. Let's see what this new promo brings to us, shall we?
The 'Money Train 3' slot has high volatility with low hit ratio. You should try the game if you are feeling lucky. Because, this game will drain your account balance if you don't get the big multipliers within a few hundred spins.Stake weekly slots challenge is very easy to complete as we need to hit 40× multiplier only. Although the prizepool is low for the forum slots challenge, but you should try it before going for the big one.
I have been watching a lot of videos lately about streamers play money train 3 and they never really got lucky or hit a big multiplier. One of them got a 1500x after multiple super bonus buys but other than that he just kept getting low multipliers. But you only need 1 spin to get lucky offcourse lol.
February 07, 2023, 01:07:15 PM
Well said and I completely agree on your point of view.
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
It is better to put your money where your mouth is, altcoins most especially Casino based tokens have really performed below expectation in the past few months back, and up till now there is no recovery sign for most of them after the last market crash.
*I do advise people to avoid investing in them but rather they can use those tokens to place bets on the casino and earn extra rewards on them from time to time, aside from that, those tokens are suitable for long-term holding, because of their highly volatility.
Easy, tokens are supposed to be for perk and bonus hunters and those who trade short term
Bitcoin and Ether for those who also wish to hold long term, in the end at least with Bitcoin one can cash out in more exchanges, deposit onto most of casinos regardless of the price, that is the charm of high liquidity.
February 07, 2023, 12:31:23 PM
A new promo is on now. Game: Money Train 3. Target Multiplier: 300.00x. Minimum Bet: 0.10c USD.
I will definitely try my luck with this one because 300s isn't something unattainable. My personal record is 1,009x, set it not that long ago:
and something around 300x I did many times. Let's see what this new promo brings to us, shall we?
I will definitely try my luck with this one because 300s isn't something unattainable. My personal record is 1,009x, set it not that long ago:
and something around 300x I did many times. Let's see what this new promo brings to us, shall we?
Good luck, I tried the previous challenge with same minimum 300x multiplier but I had no luck after 500 spins.
This new one seems to be more difficult or maybe equal difficulty with the previous one because both are slots with extreme volatility.
I'll try later (maybe) although I doubt that I'll hit it, but I always have maximum spins for this Stake vs Eddie challenge.
500 spins is my maximum number to play, I will not continue hunting if I've reached 500 spins.
February 07, 2023, 11:28:26 AM
The 'Money Train 3' slot has high volatility with low hit ratio. You should try the game if you are feeling lucky. Because, this game will drain your account balance if you don't get the big multipliers within a few hundred spins.
I think we all agree.Any slot provider except "Pragmatic Play & PlanNGo" are suck money machine (drain money) ~XD because they have more unpredictable pattern and cost more money to hit the bonus rather than this 2 slot.
So, not just because the slot but also the provider it self who provided the slot game.
February 07, 2023, 09:19:50 AM
Yeah, it's true that having a high-level VIP account can be tempting, but it's important to keep a balance. The priority should always be making smart, informed bets that have a higher chance of winning rather than just trying to rack up enough money to level up the VIP account.
It's easy to get caught up in the excitement of trying to reach a certain status, but in the end, it's about making a profit and enjoying the game. Losing sight of that can lead to disappointment and regret. So, it's always good to have a clear idea of your goals and stick to a well-thought-out strategy.
While i do envy people with higher vip levels i am not going to chase them. As i am playing with low volume anyway chasing big jackpots and occasionally betting sports for high multiplier combination bets. That's not an effective way to level up from what i gather. For me to change tactics, level up perks should be something else completely. Like free raffles for life etc.It's easy to get caught up in the excitement of trying to reach a certain status, but in the end, it's about making a profit and enjoying the game. Losing sight of that can lead to disappointment and regret. So, it's always good to have a clear idea of your goals and stick to a well-thought-out strategy.
Also i don't have enough money so it would be worth it in terms of profit. It's all about just gambling for fun for me.
Do I still get some VIP levels the way I gamble? Sure, slowly but I do get it, I have seen people who start and pass me in a single day because of how much they gambled, I see people who wager more than my entire wagered amount, in a single bet. However, none of that matters as long as I am doing the responsible thing for myself.
February 07, 2023, 08:26:06 AM
~snip~ and something around 300x I did many times. Let's see what this new promo brings to us, shall we?
The 'Money Train 3' slot has high volatility with low hit ratio. You should try the game if you are feeling lucky. Because, this game will drain your account balance if you don't get the big multipliers within a few hundred spins.Stake weekly slots challenge is very easy to complete as we need to hit 40× multiplier only. Although the prizepool is low for the forum slots challenge, but you should try it before going for the big one.
February 07, 2023, 05:29:05 AM
[$3,000] Royal Club of Originals Week 18|Roulette
Post a winning bet on Roulette by hitting number 17.
Bet ID has to end on one of these numbers (5 or 6)
0.03 USD minimum bet amount (in any currency).
Giveaway's Topic: https://stakecommunity.com/topic/68994-%F0%9F%92%B03000-royal-club-of-originals-week-18roulette/
Post a winning bet on Roulette by hitting number 17.
Bet ID has to end on one of these numbers (5 or 6)
0.03 USD minimum bet amount (in any currency).
Giveaway's Topic: https://stakecommunity.com/topic/68994-%F0%9F%92%B03000-royal-club-of-originals-week-18roulette/
February 07, 2023, 04:57:45 AM
This is a great promo with an amazing prize pool! I especially like that it is about the highest multiplier, not the highest win. Regular folks like us, not big sharks, have a chance to win something too.
A bit correction, Stake vs Eddie promotions is not about highest multiplier but it is about beat eddie's multiplier.
The target is just to hit higher multiplier than Eddie's in the specified game, once we did it, we are eligible for the prize.
This promo is the one that I like the most, the prize is good enough but still we need to set a losing limit while trying to beat the multiplier.
As per my experience, the prize is around $50 but ofc it is not fixed because the reward will always based on how many players are able to beat the multiplier.
The more players managed to beat it, the less reward we will get and vice versa.
Thanks, it was an important correction. I knew it, but didn't write it, and it was wrong on my side.
A new promo is on now. Game: Money Train 3. Target Multiplier: 300.00x. Minimum Bet: 0.10c USD.
I will definitely try my luck with this one because 300s isn't something unattainable. My personal record is 1,009x, set it not that long ago:
and something around 300x I did many times. Let's see what this new promo brings to us, shall we?
February 06, 2023, 05:30:48 PM
Well said and I completely agree on your point of view.
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.
Cheers, I hope you all have a good beginning to this week!
It is better to put your money where your mouth is, altcoins most especially Casino based tokens have really performed below expectation in the past few months back, and up till now there is no recovery sign for most of them after the last market crash.
*I do advise people to avoid investing in them but rather they can use those tokens to place bets on the casino and earn extra rewards on them from time to time, aside from that, those tokens are suitable for long-term holding, because of their highly volatility.
legendary
Activity: 2394
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
February 06, 2023, 05:10:41 PM
Yeah, it's true that having a high-level VIP account can be tempting, but it's important to keep a balance. The priority should always be making smart, informed bets that have a higher chance of winning rather than just trying to rack up enough money to level up the VIP account.
It's easy to get caught up in the excitement of trying to reach a certain status, but in the end, it's about making a profit and enjoying the game. Losing sight of that can lead to disappointment and regret. So, it's always good to have a clear idea of your goals and stick to a well-thought-out strategy.
While i do envy people with higher vip levels i am not going to chase them. As i am playing with low volume anyway chasing big jackpots and occasionally betting sports for high multiplier combination bets. That's not an effective way to level up from what i gather. For me to change tactics, level up perks should be something else completely. Like free raffles for life etc.It's easy to get caught up in the excitement of trying to reach a certain status, but in the end, it's about making a profit and enjoying the game. Losing sight of that can lead to disappointment and regret. So, it's always good to have a clear idea of your goals and stick to a well-thought-out strategy.
Also i don't have enough money so it would be worth it in terms of profit. It's all about just gambling for fun for me.
Same here I am taking my time to level up my VIP level. I am just chilling playing slots hoping to hit big time, the points will accumulate as long as we keep on playing and eventually we can level up our VIP status as time goes by.
High VIP status come with good perks, but also comes at a great cost, which not many can really afford except they are lucky to win big in the process.
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