Stake always had this "limitations" going on because they are a giant of the sector right now. When you become such a big industry leader, you shouldn't really bother with people like me who can't afford to wager 3k per week, and that is understandable. What they are basically saying is that "we have people wagering a million, when we can deal with those people, why would we deal with people who wager less than 3k per week?" and that’s true.
I know it sounds terrible to people who can't wager that much, I am one of those people, but they are 100% fully right on this, it just means they would have to put resources in places that they can't get back.
I know it sounds terrible to people who can't wager that much, I am one of those people, but they are 100% fully right on this, it just means they would have to put resources in places that they can't get back.
Wrong, I would rather have 50 000 or 100 000 people wagering a minimum of $3000 per week.. than a few whales wagering millions, because those whales can go away in a second. They are also high maintenance and they have huge leverage over casinos to misuse their hold that they have over the casinos.
Just look at what happens when a powerful "paid" streamer starts throwing their weight around... they quickly forget who are feeding their families. Also, having a large user base, increase your reputation in a very competitive industry. (Where do you want to gamble...? ..at a casino with 300 active gamblers.... or a casino with 20 000 active gamblers?)
@Kakmakr I totally agree with you because small user’s are available in huge quantities, while whales are moody and you may never know when they get upset and leave, hence building the model based only on whales is a really dangerous strategy. Furthermore I believe that Stake will look at keeping their small gambler’s happy too, and I’m sure that they’ll study everyone’s concerns and find a middle ground that can suit all parties.
I think Stake are doing a very good job at balancing the focus on small/medium/whale gamblers with their challenges and promotions. Take the Challenges for instance.... you will see several challenges posted that offers a minimum bet of 10cents ...to enable small gamblers to also compete to win the challenge.
The $50k giveaway during Eddie's stream, regularly produce winners with low VIP levels ....but the majority are higher level VIPs that wager a lot more. (which is fair)
The minimum requirement for Bonus drops and rain is also not too high for the small gambler to participate.
. Stake.com is always best when it comes to bonuses.
