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Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 297. (Read 270572 times)

sr. member
Activity: 1890
Merit: 268
Vave.com - Crypto Casino
Hi Stunna

It happened that i discovered it was possible to copy bet from other gamblers on stake, i tried this a couple of times, that is copy bet from other gamblers, and on the first day, i copied a multi bet of 4 and actually won, how lucky  Grin.
I returned the next day to stake and did same thing but this time, i lost ...how sad  Cry but i guess it is what it is.

So after my experience with this feature, I made this POST about it,
And from the comments I got, I discovered that this is a feature that can actually be upgraded and turned into another source of income for the casino as well as some of the players.
After analyzing the whole thing, i decided the make this POST as a suggestion to the casinos around.

I love Stake and maybe you guys can look into my idea and see how feasible such a feature is to implement, i am waiting to be the first to use it  Grin

Please pass this to the upper chamber if ok by you, or just ignore, all cool.
thanks.
this idea seems similar to the copy trade system of a forex trading site, but if it is implemented in a gambling site whether it will be good in the end if there is a loss from the user and will have a bad effect on the site or the users that are followed, I am still not sure the idea will succeed
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
-snip-
Correct.

However, "Stake" is a crypto-casino has the highest limit withdraw without any "KYC". My account is still not being "KYC" and guess what? I have experience withdraw 10,000$ without needing KYC.

Most of people who are getting KYC is an account who broken the rules or most the time is from Sportbet user.

You are lucky that you have an old account because for now every new user has to complete KYC level 1  Roll Eyes

Yes I know some casinos have ways to force users to do KYC most of the cases related to bonuses and promos
The saddest thing is when someone gets a big win between $50-100k their account must have been suspended and forced KYC
Usually cases like this happen to new users.
legendary
Activity: 2604
Merit: 1251
-snip-
Correct.

However, "Stake" is a crypto-casino has the highest limit withdraw without any "KYC". My account is still not being "KYC" and guess what? I have experience withdraw 10,000$ without needing KYC.

Most of people who are getting KYC is an account who broken the rules or most the time is from Sportbet user.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Hi Stunna

It happened that i discovered it was possible to copy bet from other gamblers on stake, i tried this a couple of times, that is copy bet from other gamblers, and on the first day, i copied a multi bet of 4 and actually won, how lucky  Grin.
I returned the next day to stake and did same thing but this time, i lost ...how sad  Cry but i guess it is what it is.

So after my experience with this feature, I made this POST about it,
And from the comments I got, I discovered that this is a feature that can actually be upgraded and turned into another source of income for the casino as well as some of the players.
After analyzing the whole thing, i decided the make this POST as a suggestion to the casinos around.

I love Stake and maybe you guys can look into my idea and see how feasible such a feature is to implement, i am waiting to be the first to use it  Grin

Please pass this to the upper chamber if ok by you, or just ignore, all cool.
thanks.

I'm not sure if casinos want to start telling their users how to bet.  At best it loses them money, at worst it loses them their reputation as bettors begin to blame the casino for their losses...  This seems more like the sort of thing you'd want to see in a paid group, where one self proclaimed gambler tells you who is going to win and what to bet on.  I'm sure there are even plenty of threads around here offering such a thing.  However, I think you'd be better off investing your money than gambling if you are letting other people make the picks for you.  I would personally struggle to get any enjoyment out of that.  However, to each their own and I wish you great luck in beating the odds and making some money shadowing other people's picks.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
stake asks for proof of income for customer verification as i see from their verification page. are you people seriously providing it to a random casino?
It's on their term & condition.

If you register and disagree with that condition, then you should not register on the casino. Once you register, you are agree to follow and term & conditions of their service. It's normal things
- Proof of fund
- Proof of address
- ID
- Some other document

It's not only on casino but also on exchange it self. No body force you to register, If you are not agree then you can choose other casino.

As far as I know it is an option I mean verification for level 3 and at level 1-2 we should be able to play and can ignore level 3
Except for those who want to get extra bonuses at certain events then level 3 is required. By the way, don't forget to claim your monthly bonus  Smiley
legendary
Activity: 2394
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
Hi Stunna

It happened that i discovered it was possible to copy bet from other gamblers on stake, i tried this a couple of times, that is copy bet from other gamblers, and on the first day, i copied a multi bet of 4 and actually won, how lucky  Grin.
I returned the next day to stake and did same thing but this time, i lost ...how sad  Cry but i guess it is what it is.

So after my experience with this feature, I made this POST about it,
And from the comments I got, I discovered that this is a feature that can actually be upgraded and turned into another source of income for the casino as well as some of the players.
After analyzing the whole thing, i decided the make this POST as a suggestion to the casinos around.

I love Stake and maybe you guys can look into my idea and see how feasible such a feature is to implement, i am waiting to be the first to use it  Grin

Please pass this to the upper chamber if ok by you, or just ignore, all cool.
thanks.
legendary
Activity: 2604
Merit: 1251
Any correlation between a gambling and an exchange site?
It's not correlation business.

It's part of KYC/AML regulation, every business have the same scheme, from ID to a few documents they needed for KYC/AML. In every business scheme who are required KYC/AML always have the same requirement.

Depends on the tier verification you're doing.
legendary
Activity: 2366
Merit: 1130
stake asks for proof of income for customer verification as i see from their verification page. are you people seriously providing it to a random casino?
It's for KYC/Anti money laundering reason, it's just normal. If you are brand new account but you just deposited the money which they think it's likely from hacking or other illegal things, you will be asked for that documents. It's not for every deposit, just in few extra cases.


It's not only on casino but also on exchange it self.
Any correlation between a gambling and an exchange site?
legendary
Activity: 2604
Merit: 1251
stake asks for proof of income for customer verification as i see from their verification page. are you people seriously providing it to a random casino?
It's on their term & condition.

If you register and disagree with that condition, then you should not register on the casino. Once you register, you are agree to follow and term & conditions of their service. It's normal things
- Proof of fund
- Proof of address
- ID
- Some other document

It's not only on casino but also on exchange it self. No body force you to register, If you are not agree then you can choose other casino.
legendary
Activity: 3136
Merit: 1233
Bitcoin Casino Est. 2013
We’re in the gambling business, but we’d never gamble with our user’s funds.

Deposit, play and withdraw instantly. That’s what we stand for.

The events that have taken place the past week in the crypto space should serve as yet another reminder to take control of your crypto.

Exactly,it is the user responsibility to take care of their funds,I usually even before such events didn't leave any crypto anywhere,once I finished my game play session in the casino I immediately withdraw the funds if I win and if I lose well I call it a day and move on.

I think everybody should know by know that to sleep well you need your funds to be in your wallet where you control everything,private keys and also the seeds if using a wallet like Electrum.
legendary
Activity: 2604
Merit: 2353
We’re in the gambling business, but we’d never gamble with our user’s funds.

Deposit, play and withdraw instantly. That’s what we stand for.

The events that have taken place the past week in the crypto space should serve as yet another reminder to take control of your crypto.

Are you referring to the email exploit at Stake.com or the bankrupt Exchange (FTX) ..#Stunna?

If I understand deposits at a casino correctly.... it goes into a casinos internal database and some of those funds goes into the casinos hot and cold wallets. (So users lose control over their coins/tokens... the moment when it is deposited into a casino or some other custodial service... right?)

I do not use centralized exchanges to store my coins, because I want to have sole access to my Private keys (giving me full control) ...but I relinquish that control, when I deposit it into a casino.

Even if you VAULT your coins/tokens... it can be accessed if you login details were phished. I would suggest that a second password be implemented for access to the VAULT ...so that you cannot lose all your coins ..in a single phishing attack.

I used 2FA to give me some protection .....but some skilled hacker, will soon combine these attacks ..with Sim swap techniques to bypass that too.  Huh
The vault feature shouldn't be considered as a real vault IMO, it's just a protection to avoid losing all your funds from a missclick/fat finger or because you've fleetingly lost the consciousness of the amounts you are gambling. And it's more easy to happen at an online casino because you don't play with concrete chips. But if the casino accuses you of money laundering, cheat, "abuse" or other BS things, or if they undergo a big hack, your funds won't be able to be withdrawn anymore even if they have been put in the vault. It's more a vault against yourself than a vault against robbers I would say. The only safe vault is the one you have the key of.

stake asks for proof of income for customer verification as i see from their verification page. are you people seriously providing it to a random casino?
Yes it's a shame. Fortunately decentralized casinos and sportsbooks are coming. And it will be hard for custodial casinos to compete with them if they still ask this kind of BS requirements (after deposits in addition).
newbie
Activity: 69
Merit: 0
stake asks for proof of income for customer verification as i see from their verification page. are you people seriously providing it to a random casino?
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
We’re in the gambling business, but we’d never gamble with our user’s funds.

Deposit, play and withdraw instantly. That’s what we stand for.

The events that have taken place the past week in the crypto space should serve as yet another reminder to take control of your crypto.
this is what gamblers may be waiting for at stake.com how their money is really safe on this gambling site, as you say Deposit, play and withdraw instantly, learning from the bankruptcy of FTX makes everyone worry about keeping their money anywhere, chaos comes from FTX and others have lowered public confidence in the crypto space, but regardless of that problem gambling and exchange must be separated in this regard
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
We’re in the gambling business, but we’d never gamble with our user’s funds.

Deposit, play and withdraw instantly. That’s what we stand for.

The events that have taken place the past week in the crypto space should serve as yet another reminder to take control of your crypto.

Are you referring to the email exploit at Stake.com or the bankrupt Exchange (FTX) ..#Stunna?

If I understand deposits at a casino correctly.... it goes into a casinos internal database and some of those funds goes into the casinos hot and cold wallets. (So users lose control over their coins/tokens... the moment when it is deposited into a casino or some other custodial service... right?)

I do not use centralized exchanges to store my coins, because I want to have sole access to my Private keys (giving me full control) ...but I relinquish that control, when I deposit it into a casino.

Even if you VAULT your coins/tokens... it can be accessed if you login details were phished. I would suggest that a second password be implemented for access to the VAULT ...so that you cannot lose all your coins ..in a single phishing attack.

I used 2FA to give me some protection .....but some skilled hacker, will soon combine these attacks ..with Sim swap techniques to bypass that too.  Huh
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
We’re in the gambling business, but we’d never gamble with our user’s funds.

Deposit, play and withdraw instantly. That’s what we stand for.

The events that have taken place the past week in the crypto space should serve as yet another reminder to take control of your crypto.
member
Activity: 2352
Merit: 57
Primedice.com & Stake.com
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member
Activity: 686
Merit: 21
Anybody else bet on the match Adesanya vs Pereira? Adesanya was the favorite to win and was dominating a bit in the beginning of the match but lost eventually in the 5th round by TKO. Just read that Drake bet 2 million $ on the fight and lost it as he was also backing Adesanya to win.
Losing such amount of money is very big for me that is some certain things that I cannot joke with so in gambling I don't have to bet with a very big amount of money because it is very possible and the easy for the game to come against you and you lose everything I have it would have been good to bet with a small amount of money so that if it happened to lose then you can buy it, fighting is something we know that some are fetish
legendary
Activity: 2772
Merit: 1028
Duelbits.com
What do you guys think about upcoming Christmas promotions? Hopefully it wouldn't be million dollar race like in the last year, the promo days have started after first day of December. Actually waiting for next monthly and Christmas bonuses to hit plat 5, so I will take a break after getting this rank. Btw, @Stake should post all bonus drops on a Twitter page, following Telegram account but Stake notifications just appear on first place, so I should prefer claiming bonus drops through Twitter account.
hero member
Activity: 2926
Merit: 640
I think you are making a big mistake if you think that Bitcointalk users opinion doesn't matter. Unlike other platforms, there is almost no censorship here, what it is written stays for long and is easily retrieved by Google, moreover the biggest people of the crypto industry have an account here.
Twitch seems to have been a powerful tool for promoting casinos but now it has ended and casinos need to find other ways to attract new customers. I don't know precisely what is the average loyalty lifetime of a customer at an online casino, but I guess it's very short, hardly more than a whole year on average IMO.
According to this article, only 20% of customers make more than 5 deposits, and only 50% make a second deposit. So it would be a big mistake in the long run for a crypto casino to disregard the central place of the crypto universe IMO.
It is obvious that bitcointalk matters which is why they are caring, I am only saying that if they didn't care at all, they are so huge right now that it wouldn't really cause any harm to them at all. But that is not important right now and you are right, that’s not the path they are taking anyhow.

However, Stunna came in here, explained the whole situation, it was only raw data, and even though that’s bad too, it wasn’t any money at all and people claiming things like "10 million was stolen!!!" without any proof are the type of reason why people may end up stop caring about bitcointalk and the "freedom of speech" here, because many mistake freedom of speech with freedom to lie freely, and that’s not what it means.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
So Eddie decided to go with "Kick" again.. with all it's flaws?

~ Black screen for most users (no video) - Even after they used several different browsers.
~ Mobile issues (same as above)
~ Chat screen freezing
~ Refresh browser and then you cannot connect again.
~ Signup issues - Confirmation code not send or huge delay on email confirmation.

I hope Stake will take this up with the developers of "Kick" or simply go back to DLive. It is good to have several options.. but then it has to work properly.  Wink
I don't know why Eddie is still continuing on streaming on Kick even after a lot of complaint from the previous livestream, maybe some partnership from the platform idk, however other than some delay on the confirmation code and chat screen freezing, probably because of the number of viewers, I have not encountered other issues on Kick. The live was great but sometimes the resolution changes and goes back after a while.

Hopefully, Kick will be notified about these issues and fix it as soon as possible.


@Kakmakr even I’m surprised that Stake decides to mess it up again, because they usually listen to the community’s feedback but I hope next time these issues are ironed out.

There are too many people who are asking for a proof and didn't believe Stunna (or didn't see his messages) and that’s not something Stake should care about because A- we are in just bitcointalk, they have a much much bigger audience then here and B- they do not really need to prove anything to anyone and still can be trusted by tens of thousands of people because of how amazing they have been so far.

If anyone saw what Stunna said and still do not believe him, then by all means they should not be continue to gamble here because if you don't believe in the word of Stunna then I do not know what would make you believe or be convinced that all is doing well.
I think you are making a big mistake if you think that Bitcointalk users opinion doesn't matter. Unlike other platforms, there is almost no censorship here, what it is written stays for long and is easily retrieved by Google, moreover the biggest people of the crypto industry have an account here.
Twitch seems to have been a powerful tool for promoting casinos but now it has ended and casinos need to find other ways to attract new customers. I don't know precisely what is the average loyalty lifetime of a customer at an online casino, but I guess it's very short, hardly more than a whole year on average IMO.
According to this article, only 20% of customers make more than 5 deposits, and only 50% make a second deposit. So it would be a big mistake in the long run for a crypto casino to disregard the central place of the crypto universe IMO.

Quote
The client becomes loyal to the company after making at least six deposits. However, only 20% reach the sixth deposit, that is, one out of five people: this is where a considerable loss of money happens. From the moment of making the first deposit to making the second deposit, gambling companies lose half of the players.
https://www.quora.com/Whats-the-average-Customer-Lifetime-Value-of-an-online-casino-client-in-your-country-or-company/answer/Karen-Fill?oid=265084621

I personally believe that this community’s opinion matter a lot, and that’s why I look to see what other experienced user’s respond because it’s easy to accuse a casino but in the end most of them fail to convince the community that a scam actually took place.
Steve tried logging in from mobile during the stream and he was saying it worked fine for him. I personally use edge browser and besides a little lag I had no issues with the stream. I didn't make an account as I only use Kick for that stream so I cannot comment on that issue.

I swapped from Firefox to Opera and it did not work, so I tried Chrome and it connected with almost no issues. I think the more popular browsers SHOULD be working fine with "Kick" ..... Microsoft Edge being one of them.  Wink

Some mobile phones use the lite version of the browser.. and that might be the issue.  Roll Eyes  Also, once I was connected... I had almost no lag, like I have with DLive and Twitch... so that is a bonus, if they can solve the other issues. (Chat freeze)

Also, if you have a Google account, you do not have to signup for the Kick account.... then the email confirmation will not be an issue.
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