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Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 476. (Read 283069 times)

legendary
Activity: 1946
Merit: 1026
In Search of Incredible
My question is this.... What happens when a Highroller like that wins say 1 Billion Dollars and they want to cash out? A site like Stake or any other average size casino, does not have a Bankroll like that to payout 1 Billion Dollars.... and even if they do, it will bankrupt them.  Roll Eyes
Stake isn't new to crypto gambling industry. I believe Stake team has gained huge amount of profit from their old casino Primedice. They didn't even shutdown their business after giving 2037 Bitcoin to a user who made it by using some tricks in 2014. And it was worth $1 million during then. Stake is one of the most popular crypto betting site now. Players are wagering millions of dollars everyday. Perhaps, Stake is generating pretty good amount of profit every day for the house edge of the games. Maybe they have few hundred million dollars bankroll now. Do you think a player will be able to make such amount of profit by playing against the house edge?

Paying almost $100 000 extra to him/her alone for the Weekly Giveaway must also hurt Stake's operating budget, if you take all the other expenses they have to pay.  Shocked
Seems like ‘aabb123123’ has lost big amount in recent days. Otherwise Eddie wouldn't giveaway extra $90k to him during the lottery draw Cheesy
hero member
Activity: 1022
Merit: 517
My question is this.... What happens when a Highroller like that wins say 1 Billion Dollars and they want to cash out? A site like Stake or any other average size casino, does not have a Bankroll like that to payout 1 Billion Dollars.... and even if they do, it will bankrupt them.  Roll Eyes

AFAIK almost all casino has their own maximum winning limit as well as withdrawal limit. I doubt there is a casino that able to have max winning as huge as 1 billion dollars unless the bankroll is at least 100x of that amount. Once a whale is able to win 1 billion dollars (not in a single bet) and want to cash it out, it will be depending on the withdrawal limit so it may take few weeks or months to complete the 1 billion dollars withdrawal. I am not sure about the withdrawal limit in Stake, but I believe the max winning limit is not even half of a billion dollars.
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
Today aabb123123 guy won over 7 tickets so far but Eddie has done an awesome job with separating our tickets vs tickets won by Aabb123 user. Non aabb123 tickets have been won by 10 lucky Stakers, it is far at this point for both sides since no one can restrict his winnings due to wagering more than anyone else.

Guy wagered 1 billion in 22 hours, guess he will have enough with more than 1 million in weekly bonus.

My question is this.... What happens when a Highroller like that wins say 1 Billion Dollars and they want to cash out? A site like Stake or any other average size casino, does not have a Bankroll like that to payout 1 Billion Dollars.... and even if they do, it will bankrupt them.  Roll Eyes

The possible consequences for the rest of us, will be a drastic increase in the RTP to recover that size payouts and we will suffer major losses if they do that.  Roll Eyes

Paying almost $100 000 extra to him/her alone for the Weekly Giveaway must also hurt Stake's operating budget, if you take all the other expenses they have to pay.  Shocked
legendary
Activity: 3094
Merit: 1472
What a fight this was!

#UFC270

https://twitter.com/ufc/status/1485105366400700419





😍😍😍😍😍😍😍

@francis_ngannou kicks off #StakeSeason with a W 🥇

#UFC270

https://twitter.com/Stake/status/1485135075381768194

Ngannou was slow and Gane kinda picked him initial stages but thet takedowns in round 3 and round 4 was so much imprtant and that put Francis right into the game. Game kinda had a good tactic initially but there were some poor choices and Francis took those chances really well to come out as a winner. My first UFC bet for this year came out as a winner..

Just a question , with promotion going on that line we will get triple winnings right?
legendary
Activity: 3010
Merit: 3724
Join the world-leading crypto sportsbook NOW!
Hey guys, probably spent WAY too much time fussing over this triple stakes game. I was actually waiting for Gane to up to 2/1, when I first started checking odds were 1.91 but I missed that boat as his position as the favourite just got stronger and stronger --  so I've gone done and said enough and put down some money on Ngannou, that triple winning thing a bit hard to ignore!

Don't know, But I think Ciryl Gane is in favor in UFC-270,
already placed a huge bet, waiting for 23 January, feeling so much excited.  Roll Eyes

Yeah he was a long time favourite, but not by much initially. I think the highest odds I saw for him on Stake was 1.91, which is why I mentioned I'd been waiting for it to go all the way up to 2/1 for an even doubler.

Unfortunately, I guess heavy betting on him kept reducing the odds, hence the value, so I literally swung to Ngannou just for the odds.

Too bad we didn't get the triple win as this was a unanimous decision. You guys at Stake must still be happy!
member
Activity: 627
Merit: 36
Today aabb123123 guy won over 7 tickets so far but Eddie has done an awesome job with separating our tickets vs tickets won by Aabb123 user. Non aabb123 tickets have been won by 10 lucky Stakers, it is far at this point for both sides since no one can restrict his winnings due to wagering more than anyone else.

Guy wagered 1 billion in 22 hours, guess he will have enough with more than 1 million in weekly bonus.
member
Activity: 2464
Merit: 57
Primedice.com & Stake.com
What a fight this was!

#UFC270

https://twitter.com/ufc/status/1485105366400700419





😍😍😍😍😍😍😍

@francis_ngannou kicks off #StakeSeason with a W 🥇

#UFC270

https://twitter.com/Stake/status/1485135075381768194
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Today aabb123123 guy won over 7 tickets so far but Eddie has done an awesome job with separating our tickets vs tickets won by Aabb123 user. Non aabb123 tickets have been won by 10 lucky Stakers, it is far at this point for both sides since no one can restrict his winnings due to wagering more than anyone else.
member
Activity: 2464
Merit: 57
Primedice.com & Stake.com
Time to get yourself ready for the #MegaRace!

⌚ 90 minutes
⌚ 12:30PM GMT TOMORROW
$10,000
100 winners







Don't forget Edward's Stream at: https://dlive.tv/PrimeEdd
hero member
Activity: 3290
Merit: 984
www.Crypto.Games: Multiple coins, multiple games
What happens if I only deposit and gamble and have like a very high VIP level account and then one day I get super lucky and win something big and I want to withdraw that and I am asked KYC. That would indicate I would end up leaving a high VIP level account if I do not want to continue, still not cool.
This is a big con associated with many crypto gambling sites these days and I don't expect it to ever get resolved. Gamblers who hate KYC and win big end up providing their KYC documents in order to retrieve their winnings.

Only an idiot would choose to forfeit their winnings in order to avoid providing their KYC information.

There are some crypto gambling sites out there that keep their No-KYC related promises and only ask for KYC when they spot something very shady or suspicious.
legendary
Activity: 2380
Merit: 1150
Requirement of KYC for gambling is still bad, but not as bad as requiring it for withdrawals of course because that is just horrible. Stake (and primedice when it first started) never really had any issues with KYC requirements, nobody really blamed them with anything.

You get to gamble without KYC as much as you want, you could also withdraw without doing KYC as well and then maybe even continue gambling without KYC as well. So all in all you could spend years here without KYC, then one day if anything suspicious happens you end up with KYC option, either you do it and keep gambling or you don't and just stop, but you lose nothing in either cases.
I both agree and disagree. I believe that KYC for withdrawal is definitely bad, there is no question about that, however I do not think that KYC for continue to gamble is not really fair neither. This is why if there will ever be a KYC situation then it should be either way before you start gambling, like when you sign up, so that you would not face that ever again, or it should never exist and should never be asked at all.

When you let people do what they want, and then suddenly ask for it, then you may let them get their money but then they have left you an account if they do not want to KYC. What happens if I only deposit and gamble and have like a very high VIP level account and then one day I get super lucky and win something big and I want to withdraw that and I am asked KYC. That would indicate I would end up leaving a high VIP level account if I do not want to continue, still not cool.
sr. member
Activity: 1498
Merit: 326
20BET - Premium Casino & Sportsbook
Hey guys, probably spent WAY too much time fussing over this triple stakes game. I was actually waiting for Gane to up to 2/1, when I first started checking odds were 1.91 but I missed that boat as his position as the favourite just got stronger and stronger --  so I've gone done and said enough and put down some money on Ngannou, that triple winning thing a bit hard to ignore!

Don't know, But I think Ciryl Gane is in favor in UFC-270,
already placed a huge bet, waiting for 23 January, feeling so much excited.  Roll Eyes



legendary
Activity: 3010
Merit: 3724
Join the world-leading crypto sportsbook NOW!
Hey guys, probably spent WAY too much time fussing over this triple stakes game. I was actually waiting for Gane to up to 2/1, when I first started checking odds were 1.91 but I missed that boat as his position as the favourite just got stronger and stronger --  so I've gone done and said enough and put down some money on Ngannou, that triple winning thing a bit hard to ignore!
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
I am happy to see that triple winnings promotion is back on Stake website for upcoming UFC event heavyweight fight Ngannou vs Gane!
This time promotion is only on Stake promoter Francis Ngannou, and if he wins this fight we get triple winnings with maximum of $100.
Surprising to see that Ngannou is underdog in this fight and with win we can get much better returns.


https://stake.com/promotions/promotion/ufc-270-3x-winnings



Yes, great to see the triple winnings promotion back! I thought Ngannou would be the slight favorite to win the match but apparently not. There is a lot of debate going on who will win the fight, but all Stake players must hope that Ngannou wins it! This will be his most difficult fight, that's for sure.

So far it will be because this is the man who beat the beat Derrick Lewis who beat Ngannou, both fighters have so much to prove Ngannou because someone is taking the limelight out of him and Gane because he wants to prove he is the real champion, if Ngannou can come out with the same power and aggressiveness he displayed when he beat Miocic he can beat Gane and all Stake.com bettors too.
member
Activity: 2464
Merit: 57
Primedice.com & Stake.com
The Evolution random drops have been renewed for another week



There's $5,000 up for grabs just by playing some of the biggest Evolution titles!

https://stake.com/promotions/promotion/evolution-random-drops





Get ready for a brand new set of Elite Sports Betting Tips from our panel of experts



https://news.stake.com/elite-sports-betting-tips-january-21-2/
hero member
Activity: 2548
Merit: 605
Requirement of KYC for gambling is still bad, but not as bad as requiring it for withdrawals of course because that is just horrible. Stake (and primedice when it first started) never really had any issues with KYC requirements, nobody really blamed them with anything.

You get to gamble without KYC as much as you want, you could also withdraw without doing KYC as well and then maybe even continue gambling without KYC as well. So all in all you could spend years here without KYC, then one day if anything suspicious happens you end up with KYC option, either you do it and keep gambling or you don't and just stop, but you lose nothing in either cases.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Me too am thinking of just giving up with the KYC.
I have no issue with that as I have done it with other bookies but what they request is simply unreal
<...>

That is not true. They do not ask you to provide all those documents. These are just examples they suggested that you can attach as evidence for "source of funds". Of course, you won't need to submit all of that. That would be silly.  Smiley

Let's talk about this after hitting a huge balance, they will definitely ask for documents in order to verify the account then let you withdraw your winnings.
Check some related gambling boards and tons of accusations there, many users got emails to verify accounts due to timezone difference on browser vs IP location.

This is not true.  It would be for most casinos, but not Stake.

You won't be required to KYC in order to withdraw, only to continue playing.  Unless you're suspected of cheating or scamming some how, when they decide to KYC you, they put your account in withdraw only mode - you're still able to withdraw your balance whether you decide to send in the docs or not.
I don't think so but got your point. There were various examples on this thread too and related info/accusations can be found on some telegram channels too. I believe majority of Stake HR users are from restricted areas, so it is not hard to find an excuse.
member
Activity: 2464
Merit: 57
Primedice.com & Stake.com
🎰 [Over $2,000] Stake 3 Slots Challenge | Week 74



Win a bet with 40x or higher multipliers on slot: Cash Truck.
Minimum bet is 10c (0.10 USD). Any bets that are on the fun play/with nothing staked will not count.

Giveaway's Topic: https://stakecommunity.com/topic/50476-%F0%9F%8E%B0-over-2000-stake-3-slots-challenge-week-74/





Exclusive interview with @francis_ngannou! 🎙

A special edition of Bet Smarter with @LucianaAndrade this week as she chats with the @ufc heavyweight champ ahead of #UFC270

Watch the full interview on YouTube now: https://www.youtube.com/watch?v=7Ed6QhCbxfI
legendary
Activity: 2688
Merit: 1262
-snip-
I'm most the time spend on my hobby.

25th December, I buy a bike Yamaha R25. So, right now spending quality time ridding in the road (Nightride)~XD I stoped the gambling activity for right now, playing with free money claim. My monthly yesterday was lost on slot almost half ~XD.

So decide to take a break. Grin
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
-snip-
I know this one.

But, just not on the mood chasing low multiplier. The last slot I was playing was DasBoots, a great a fun slot to be honest just don't have the luck on with me for type slot game ~XD. So, a little bit tired to moving for each slot and not hitting anything more than 1K multiplier with more than 2-4 weeks playing.

Yes indeed everyone has their own way to play while I'm comfortable with both low and high risk but maybe it's better for you than getting addicted to slot games
You are more interested in card games so how about your card game I didn't see you post your latest win are you resting? or you have moved to another site because you got a bad bonus on platinum 3 Cheesy
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