Honestly you guys are INSANE, I wouldn't be able to pass over 5k in wagering, let alone do these. I would be probably more around 1k if I tried. I am on a vacation right now and just wanted to check whats going on and saw these, I am not gambling at the moment and I am glad that I am not
I would be tiny kitten against you guys, you guys are lions in this jungle and I haven o place. I would love to see someone in bitcointalk to earn some big major wins, that would be a lot better because that way someone we know and like would have a chance to win something which makes me happier than some stranger as well.
I'm sure you could do it if you were trying to. I could see making a lot of tiny low risk last minute live bets on sporting events, or tiny bets on the player vs player games. Not sure if you'd come out ahead in the end even with a bonus, but it's not like you need to risk $5,000 on a single slot pull. This is just a guess, but I imagine that many of the people who play for bonuses are mainly concerned with how to get their volume up without taking major losses.
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,
I'm taking 203,401st position. This tells something about the site's overall turnover, doesn't it? What can I say? Bravo, Stake!
As for the prizes being insignificant in comparison to what the prize recipients win/lose, idk, it's just my theory, So, please, correct me if I'm wrong.