Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 331.

Saint-loup

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Quote from: dimonstration on September 02, 2022, 08:54:07 AM

Yes the problem starts during primedice and the plaintiff is suing the Stake.com since this part of the primedice company and generate most of the company profit. I think the issue is about the terms on profit sharing before which we don’t have any exact idea what happened behind.

I know Eddie will not gonna let this lawsuit affect Stake image for a bullshit damage claim. The plaintiff is just badgering now because he knew how huge the Stake now compared when he was on the Primedice before. He is suing about the opportunity missed on being part of Stake though.

Yes I don't understand why ryzaadit is denying that fact. He should read more carefully I think, because it's even written in the title of the article. Stake is being sued. You haven't watched The Social Network movie ryzaadit? The case looks similar according to the article.

Quote

Christopher Freeman, who is currently based in Florida, has filed a civil lawsuit in the Southern District of New York, claiming he was misled into not taking part in the creation of Stake.com and is seeking $US400 million ($580 million) in punitive damages as well as payment for his initial investment in a company that served as a precursor to Stake.com.

The case also names Stake.com as a defendant.

dimonstration

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Dimon69

Quote from: ryzaadit on September 02, 2022, 08:42:20 AM

Quote from: Saint-loup on September 02, 2022, 07:30:49 AM

-snip-

The problem was on "Primedice"

But as we know "Primedice & Stake" is under on the same management, so they most likely are share the same resource money as well. Off-course, if they lost on the court is gonna to make broke.

Who know the bankroll from Stake, but could be under 100M USD.

Yes the problem starts during primedice and the plaintiff is suing the Stake.com since this part of the primedice company and generate most of the company profit. I think the issue is about the terms on profit sharing before which we don’t have any exact idea what happened behind.

I know Eddie will not gonna let this lawsuit affect Stake image for a bullshit damage claim. The plaintiff is just badgering now because he knew how huge the Stake now compared when he was on the Primedice before. He is suing about the opportunity missed on being part of Stake though.

ryzaadit

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Activity: 2604

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Quote from: Saint-loup on September 02, 2022, 07:30:49 AM

-snip-

The problem was on "Primedice"

But as we know "Primedice & Stake" is under on the same management, so they most likely are share the same resource money as well. Off-course, if they lost on the court is gonna to make broke.

Who know the bankroll from Stake, but could be under 100M USD.

Saint-loup

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Quote from: Vaskiy on September 02, 2022, 03:48:40 AM

Quote from: OgNasty on September 02, 2022, 03:40:48 AM

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

Which false information against Stake are you talking about precisely? I don't see informations about Stake in the article, it mostly deals with business relations between eddie, stunna and the complainant. It seems that bad things have happened between them because even his primedice account has been locked according to the article.

Quote

“Eventually, Freeman’s access to the Primedice account was blocked and never returned.”

blue_hurricanger

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Quote from: Vaskiy on September 02, 2022, 03:48:40 AM

Quote from: OgNasty on September 02, 2022, 03:40:48 AM

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

I wouldn't be so sure to dismiss the case of ex-partners or founders lawsuit. Usually, it will be ugly and the ex-partners or founders take a fair share of the stake that they think they are entitled to it. Yes, these cases are common as Facebook or a lot of tech start-ups and ventures that become successful. It's up to the count to decide and give a final verdict, just saying.

Betwrong

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I stand with Ukraine.

Quote from: babygun on August 30, 2022, 12:33:46 PM

Quote from: Betwrong on August 30, 2022, 06:27:12 AM

Imo, people winning in wager races are those that would wager such amounts anyway, with or with a contest. I think for anyone ending up in the top 5,000 positions, the prize is just a nice bonus, that is much lower than what they won/lost along the way. That is my impression. I myself have never won a wagering contest, except on newly opened sites with very small number of participants. And in this particular race, after $38 wagered,

-snip

It is never really a smart idea to wager a lot just to receive a prize in wagering contests; in the end you will probably have lost more than the prize you would win. The amount you need to wager on Stake to finish in the top 5000 is just crazy high and I think, the amount of money people are wagering, must be the highest in the industry.

It is not necessarily so. Of course, some high rollers are in profit form their game, I think a bit less than half of them really. But you never know in which party you are going to be in the end, so if you can't afford to lose tens of thousands of USD, I wouldn't recommend trying to win a wagering contest on a large gambling platform with many of high rollers. It's another story if you are high roller anyway, as I said above.

Beparanf

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: Vaskiy on September 02, 2022, 03:48:40 AM

Quote from: OgNasty on September 02, 2022, 03:40:48 AM

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

That actually is the content of his lawsuit because he is charging Stake founder a punitive damage for leaving him high and dry for Stake investment. The 3 of them founded Primedice while he is the only left behind when the 2 co-founder founded the Stake which is impossible for him to not know that.

I’m sure there’s an agreement behind that these 3 gents agreed and now Freeman wants to get money out of the Stake success. I believe his case has a chance if he can prove that the 2 cofounder mislead him to not investing on Stake to leave him alone.

Vaskiy

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Quote from: OgNasty on September 02, 2022, 03:40:48 AM

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

OgNasty

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Leading Crypto Sports Betting & Casino Platform

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Symphonized

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Primedice.com & Stake.com

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tygeade

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Quote from: panjul07 on September 01, 2022, 12:26:13 PM

Race or wagering contest is a contest for those who have huge bankroll, gamblers like us who have limited bankroll should not force ourselves to compete for the race obviously.
This is why I do not care about any wagering contest no matter how much is the prizepool and how many winners share the prizepool.
For sure it is not worth for us, but perhaps it can be something worth for those who wager millions/billions dollar because they will get some other rewards aside the prize of the wagering contest.

If it was in another place then it would make sense, but in Stake the winners and the top levels will have millions up on millions of dollars, and not just because they want to win the wagering competition neither, they will have it because they wanted to have it and that's the point. Which is why I believe that we shouldn't really be shocked to see it outside of this period neither.

We are going to see people end up gambling with millions of dollars even without any wagering competition is the key reason why we have such huge amounts during the competition as well. Normally in any other place 300k wagering would be by far the first place, but here it's not even close.

panjul07

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Quote from: ryzaadit on August 31, 2022, 02:32:01 PM

Quote from: Dewi Aries on August 31, 2022, 02:14:36 PM

-snip-

Correct, don't really care on a race.

My self even win on 1,000,000 USD race with the rank 1700+, only give me 30$ from my total wagering 300,000$. The cost waggering and winning is not really wort, what I care only from Weekly, Monthly & Rank up reward.

You got more money on there rather than in the contest.

Race or wagering contest is a contest for those who have huge bankroll, gamblers like us who have limited bankroll should not force ourselves to compete for the race obviously.
This is why I do not care about any wagering contest no matter how much is the prizepool and how many winners share the prizepool.
For sure it is not worth for us, but perhaps it can be something worth for those who wager millions/billions dollar because they will get some other rewards aside the prize of the wagering contest.

ryzaadit

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Quote from: Dewi Aries on August 31, 2022, 10:19:46 PM

-snipp

I'm not talking about the result all of them is profit or not.

What I talking about is, that chasing wagering for the race while we're just regular user is not worth it because if you compare the prize from weekly amount got more from weekly with more than 100$.

So, regular gambling for us rather than chasing wagering on race is better to just do wagering for weekly/monthly.

ethereumhunter

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Quote from: Mahdirakib on August 31, 2022, 12:31:21 PM

I don't think anyone doing the wager to get in the top 5k list of the wagering contest. You need to wager around $150k at least to reach there. It will cost you $1.5k+ to make that wager by playing 1% house edge games. The reward amount won't be worth after using the wagering strategies. I believe that most of the user has played normally and made the wager during this contest. People only use the wagering strategies to beat other users when they are too close to the top rank for their normal gambling activity. Now my rank is 1879 with $319k wager in the 5th birthday race of Stake.

Yes, we don't know if many gamblers will bet to enter the top 5k list of betting contests but there will probably still be some people who have done it before and want to do it again. But I agree with you that users have been playing normally and making bets and maybe some of them have no intention of raising their name to the top of the list and just playing as usual.

Quote from: RealMalatesta on August 31, 2022, 05:26:04 PM

That "pride" thing never really made that much sense to me. I congratulate myself on not gambling too much and only gambling small enough that it doesn't matter to me. But at the end of the day, these people gamble way too much and they end up at the top of the leaderboard and they are proud of that? How could you proud that you gambled way too much? That's not something to be cheered for, that's something you should seek help about.

I mean I get it, casinos are always pushing and finding ways to make people gamble more and more, and they just say "if it's too much, don't do it" and yet promote it. But, you have to end up stopping yourself.

For us, it may not apply, but we don't know if it also doesn't apply to others because each person has different goals in gambling and entering contests. But we should know how to behave in gambling so we will not get too caught up in gambling. There may be people who take pride in breaking records for themselves and I think there are people like this. We just don't know.

Dewi Aries

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Quote from: ryzaadit on August 31, 2022, 02:32:01 PM

Quote from: Dewi Aries on August 31, 2022, 02:14:36 PM

-snip-

Correct, don't really care on a race.

My self even win on 1,000,000 USD race with the rank 1700+, only give me 30$ from my total wagering 300,000$. The cost waggering and winning is not really wort, what I care only from Weekly, Monthly & Rank up reward.

You got more money on there rather than in the contest.

So what's the final result? you make a profit from all the prizes and bonuses of all that you have spent?
I've noted how @Mahdirakib did it this month when he has a target other than race like jumping to a new VIP level
so he can collect several bonuses at once Race, VP bonus, weekly/monthly smart way maybe.

RealMalatesta

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Quote from: ethereumhunter on August 31, 2022, 06:30:33 AM

Quote from: babygun on August 30, 2022, 12:33:46 PM

It is never really a smart idea to wager a lot just to receive a prize in wagering contests; in the end you will probably have lost more than the prize you would win. The amount you need to wager on Stake to finish in the top 5000 is just crazy high and I think, the amount of money people are wagering, must be the highest in the industry.

But some gamblers who are used to gambling and often join betting contests will continue to try to bet a lot and become one of the participants who may be able to receive lots of prizes in the contest. They want to reach the top position and see their name on the leaderboard because it is a matter of pride for them.

But for people who don't gamble very often, it will cost them a lot of money and they won't be prepared for all the risks. So stay careful in using money to gamble.

That "pride" thing never really made that much sense to me. I congratulate myself on not gambling too much and only gambling small enough that it doesn't matter to me. But at the end of the day, these people gamble way too much and they end up at the top of the leaderboard and they are proud of that? How could you proud that you gambled way too much? That's not something to be cheered for, that's something you should seek help about.

I mean I get it, casinos are always pushing and finding ways to make people gamble more and more, and they just say "if it's too much, don't do it" and yet promote it. But, you have to end up stopping yourself.

Symphonized

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Primedice.com & Stake.com

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ryzaadit

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Quote from: Dewi Aries on August 31, 2022, 02:14:36 PM

-snip-

Correct, don't really care on a race.

My self even win on 1,000,000 USD race with the rank 1700+, only give me 30$ from my total wagering 300,000$. The cost waggering and winning is not really wort, what I care only from Weekly, Monthly & Rank up reward.

You got more money on there rather than in the contest.

Dewi Aries

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Quote from: Mahdirakib on August 31, 2022, 12:31:21 PM

Quote from: ethereumhunter on August 31, 2022, 06:30:33 AM

Quote from: babygun on August 30, 2022, 12:33:46 PM

It is never really a smart idea to wager a lot just to receive a prize in wagering contests; in the end you will probably have lost more than the prize you would win. The amount you need to wager on Stake to finish in the top 5000 is just crazy high and I think, the amount of money people are wagering, must be the highest in the industry.

But some gamblers who are used to gambling and often join betting contests will continue to try to bet a lot and become one of the participants who may be able to receive lots of prizes in the contest. They want to reach the top position and see their name on the leaderboard because it is a matter of pride for them.

I don't think anyone doing the wager to get in the top 5k list of the wagering contest. You need to wager around $150k at least to reach there. It will cost you $1.5k+ to make that wager by playing 1% house edge games. The reward amount won't be worth after using the wagering strategies. I believe that most of the user has played normally and made the wager during this contest. People only use the wagering strategies to beat other users when they are too close to the top rank for their normal gambling activity. Now my rank is 1879 with $319k wager in the 5th birthday race of Stake.

Well this is a good calculation assuming the house edge is 1% in fact slot games from third parties apply 3-5% house edge
I'm sure not all gamblers consider it in the race they focus more on rank hunting without realizing the prize is not worth it
Except for those who managed to win something big like MaxWin.

Avirunes

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Quote from: ryzaadit on August 31, 2022, 08:51:30 AM

Quote from: Avirunes on August 31, 2022, 03:21:52 AM

-snip-

Do other casino have this feature?

I don't think is really big deal even without a draft, and it could be only a few casinos have this draft feature and even everyone make a mistake reloading again. Not every user is gonna face the same situation and I already try the multi-bet is responsive without any a slow respond so don't have a problem at all.

So, even without draft is fine. IMO, every feature needed to be install for the feature we are using the most regularly not just in some situation.

Yes some sportsbook has that feature (not gonna take their name here). Its not like mistakenly reload every time. Most of the time browser just reloads the tabs when it starts taking too much memory. Besides also after a long time of inactivity I think Stake also reloads, not sure though. So there are times when my selection is reset completely and I have to do it again .

I am not sure if others also feels the same but if it's me only then no need to bother. I myself take lot of time to build my multibet for the weekend so it happens to me all the time.

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