Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 499.

Mahdirakib

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In Search of Incredible

Quote from: perfect999 on October 28, 2021, 04:27:21 PM

The reason I am saying stake has pulled back promotions is because -
1- They increase VIP level to get a manager
2- They have reduced the monthly bonus a lot, I wagered much more but the bonus was smaller.
3- Bonuses are more focused on raffles where some streamers with huge funds will usually take the prizes.
Anyways, I can understand why stake wants to give easy money to streamers but at some point, needs to stop.

Most of the users are disappointed with the first change. I was a victim of this change too. I didn't receive any VIP host after reaching platinum one rank. But I haven't noticed any changes on monthly bonus amount. In my experience, it is still same as it used to be (based on wager and VIP rank). Stake have various promotions. Raffle is a part of them, not the main focus. AFAIK, Stake doesn't pay the raffle draw prizes to their paid streamers.

buwaytress

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Join the world-leading crypto sportsbook NOW!

Don't forget, we got the double winnings promo back on UFC. Still time to place bets on all 3 highlight games -- the first even gets special ESPN coverage so it's as big as it gets.

Jan Blachowicz vs Glover Teixeira
Petr Yan vs Cory Sandhagen
Islam Makhachev vs Dan Hooker

Quote from: Bitinity on October 28, 2021, 03:07:10 AM

In fact there were many people who bet more than what they usually do (at least bet the max loss back) when the guarantee was 100% because it was like simply risk-free bet. Now the guarantee is reduced to 50%, so I guess those people I'm referring to previously will not do it again because there is a chance to lose 50% of the bet.

Guilty as charged. Sportsbettor here so when it was 100% guarantee, I thought well, here's a chance at some decent cashback (wager $1000 and win maybe $70 as the odds were usually around that). It's always about the value for me, so if I already did close to $1000 I'd top it off for sure.

Saint-loup

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Quote from: babygun on October 28, 2021, 08:18:52 AM

Quote from: Saint-loup on October 27, 2021, 05:45:17 PM

You should read more carefully babygun Wink

we are here talking about the Eddie's Guarantee. The maximum (half) refund is $50 then if you are interested in the Eddie's bet of the week but it finally loses, you will receive $50. To get this refund you need to have wagered $1000 at least before, that is to say theoretically "lost" 10$ at 1% House Edge. $50-$10=$40
(If you were not interested in his bet initially, of course it doesn't really result in a profit for you, except if it wins)

Sorry mate, you are right Wink

. I am not really able to wager 1000$ in one week, so I could never participate in it.
The double post monthly bonus is a nice little extra but you need to claim it every 10 minutes.

Well in theory with a bank roll of $10 you would be able to wager $1000 at 1% House Edge. By betting 1$ 1000 times if you can for example, you are very likely to achieve the goal without going bust before the end, if the volatility is not very high and you don't encounter unlucky long losing streaks ofc.

Peanutswar

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Quote from: smyslov on October 28, 2021, 10:09:24 PM

Quote from: babygun on October 27, 2021, 04:27:19 PM

How could we still make 30 -40 $ with a 1% house edge? Wagering 1000$ with a 1% house edge, will in theory lead that you get back 990 $ and thus looses 10$. Offcourse, it all depends on your luck also. You might get lucky and end with a profit or end with a bigger than expected loss.

It all goes down on your greed if you are winning you might want to stop, bad luck comes when you want to win more when you had a good profit already, always remember there is a house edge and it will show up or play up when you play continuously, learn to enjoy your winning and continue some other time.

It depends on the player how they commit to it because even though there's a house edge once you get a good target of luck still at the end of the day there's a profit intake, this is the reason why at the end of the day still its on the responsibility of the gambler they manage the game to want to be greedy or still manage to takes the profit and step back for a meanwhile to prevent a large number of losses.

smyslov

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Activity: 2030

Merit: 269

Quote from: babygun on October 27, 2021, 04:27:19 PM

How could we still make 30 -40 $ with a 1% house edge? Wagering 1000$ with a 1% house edge, will in theory lead that you get back 990 $ and thus looses 10$. Offcourse, it all depends on your luck also. You might get lucky and end with a profit or end with a bigger than expected loss.

It all goes down on your greed if you are winning you might want to stop, bad luck comes when you want to win more when you had a good profit already, always remember there is a house edge and it will show up or play up when you play continuously, learn to enjoy your winning and continue some other time.

ralle14

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Shuffle.com

Quote from: Mahdirakib on October 28, 2021, 12:24:43 AM

A post monthly bonus has been released from Stake in the celebration of Watford win. Eligible players has received double bonus amount than the usual bonus amount. I have received the double amount too. Usually I was getting $25 from pre or post monthly bonus. Where I have received $50 in this time. Check your mailbox for the bonus link Wink

Thanks for the heads up, I didn't have much action these past few weeks but still got a decent amount from the bonus.

Quote from: beerlover on October 28, 2021, 05:28:19 PM

I am still in the firm belief that if you really want to gamble, do not do it based on what you could get back or what is the competition or what the promotion is and just bet because you want to.

Definitely there could be some eddie's pick situation where you could get something back, but if you wager just because there is a chance that you could get 50 bucks refunded, then you are going to lose a lot. Not because you ended up gambling, we all gamble and yes we all lose eventually, but because you wagered on something you didn't want to which is the quickest way to make a loss. I personally prefer the method where people gamble what they like, and not what someone else picked for them.

I kind of agree with what you're trying to say but back then the promo is so worth it knowing it's basically a free bet but after the changes, it's probably not worth it unless the pick really checks out.

BitcoinHunt3r

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Quote from: Kakmakr on October 28, 2021, 01:03:53 PM

The Stake vs Eddie challenge looked easy with the Target Multiplier of 66.30x on "Take the Bank", but I am busting my ass to get anything bigger than 40x on that bloody Slot. Tongue

Very easy even the easiest so far Cheesy

don't forget there is also the level up promo $10,000 complete the challenge on the 10 slot games that have been provided
For this promo, there don't seem to be many participants because they don't like completing 10 challenges at once

beerlover

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Quote from: Saint-loup on October 27, 2021, 05:45:17 PM

Quote from: babygun on October 27, 2021, 04:27:19 PM

How could we still make 30 -40 $ with a 1% house edge? Wagering 1000$ with a 1% house edge, will in theory lead that you get back 990 $ and thus looses 10$. Offcourse, it all depends on your luck also. You might get lucky and end with a profit or end with a bigger than expected loss.

You should read more carefully babygun Wink

we are here talking about the Eddie's Guarantee. The maximum (half) refund is $50 then if you are interested in the Eddie's bet of the week but it finally loses, you will receive $50. To get this refund you need to have wagered $1000 at least before, that is to say theoretically "lost" 10$ at 1% House Edge. $50-$10=$40
(If you were not interested in his bet initially, of course it doesn't really result in a profit for you, except if it wins)

I am still in the firm belief that if you really want to gamble, do not do it based on what you could get back or what is the competition or what the promotion is and just bet because you want to.

Definitely there could be some eddie's pick situation where you could get something back, but if you wager just because there is a chance that you could get 50 bucks refunded, then you are going to lose a lot. Not because you ended up gambling, we all gamble and yes we all lose eventually, but because you wagered on something you didn't want to which is the quickest way to make a loss. I personally prefer the method where people gamble what they like, and not what someone else picked for them.

ryzaadit

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Activity: 2660

Merit: 1261

Quote from: Bitinity on October 28, 2021, 03:07:10 AM

-snip-

Yes and that's is me.

I make a bet on "UFC" with knowing anything the match ~XD I just want to take 100% Guarantee bonus back lose and in the end my bet is lost. It's free money if win, so I take the promotion even I don't understand anything about UFC.

Symphonized

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Primedice.com & Stake.com

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tygeade

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Quote from: Kakmakr on October 28, 2021, 01:03:53 PM

Quote from: Mahdirakib on October 28, 2021, 12:24:43 AM

Quote from: panjul07 on October 23, 2021, 12:09:50 PM

Yeah hopefully we will get post monthly instead of 250k race.
Simply because post monthly bonus means that all players are enjoying the promo, while a race will be ~

A post monthly bonus has been released from Stake in the celebration of Watford win. Eligible players has received double bonus amount than the usual bonus amount. I have received the double amount too. Usually I was getting $25 from pre or post monthly bonus. Where I have received $50 in this time. Check your mailbox for the bonus link Wink

Yea, this was really a nice surprise... I did not think we will get a "Post Monthly" and then Stake & Watford come and give us a double bonus on top of that. Grin

I have dumped mine in the Plinko hole for now.... because I am experimenting with some new strategies.

The Stake vs Eddie challenge looked easy with the Target Multiplier of 66.30x on "Take the Bank", but I am busting my ass to get anything bigger than 40x on that bloody Slot. Tongue

Haha some slots are hard to get a decent multiplier lol.

I was so upset that I missed the stake game challenge because they were giving easy challenges but the last one, where players need to hit 500x on 3 different games is quite difficult and I am glad I missed the challenge lol because in no way I am lucky enough to hit 500x on 3 games within 2 days of gameplay. Reminds me of how difficult the squid game challenges were and stake have taken some inspiration from that Grin

.

Good luck to all the participants and let's see if there will be more such games moving forward.

perfect999

sr. member

Activity: 1694

Merit: 299

Quote from: Mahdirakib on October 28, 2021, 12:24:43 AM

A post monthly bonus has been released from Stake in the celebration of Watford win. Eligible players has received double bonus amount than the usual bonus amount. I have received the double amount too. Usually I was getting $25 from pre or post monthly bonus. Where I have received $50 in this time. Check your mailbox for the bonus link Wink

Yeah, I got that post-monthly bonus too. I have felt that stake have pulled back promotions a bit but it's always good to get bonuses.

The reason I am saying stake has pulled back promotions is because -

1- They increase VIP level to get a manager
2- They have reduced the monthly bonus a lot, I wagered much more but the bonus was smaller.
3- Bonuses are more focused on raffles where some streamers with huge funds will usually take the prizes.

Anyways, I can understand why stake wants to give easy money to streamers but at some point, needs to stop.

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

Quote from: Mahdirakib on October 28, 2021, 12:24:43 AM

Quote from: panjul07 on October 23, 2021, 12:09:50 PM

Yeah hopefully we will get post monthly instead of 250k race.
Simply because post monthly bonus means that all players are enjoying the promo, while a race will be ~

A post monthly bonus has been released from Stake in the celebration of Watford win. Eligible players has received double bonus amount than the usual bonus amount. I have received the double amount too. Usually I was getting $25 from pre or post monthly bonus. Where I have received $50 in this time. Check your mailbox for the bonus link Wink

Yea, this was really a nice surprise... I did not think we will get a "Post Monthly" and then Stake & Watford come and give us a double bonus on top of that. Grin

I have dumped mine in the Plinko hole for now.... because I am experimenting with some new strategies.

The Stake vs Eddie challenge looked easy with the Target Multiplier of 66.30x on "Take the Bank", but I am busting my ass to get anything bigger than 40x on that bloody Slot. Tongue

babygun

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Quote from: Saint-loup on October 27, 2021, 05:45:17 PM

You should read more carefully babygun Wink

we are here talking about the Eddie's Guarantee. The maximum (half) refund is $50 then if you are interested in the Eddie's bet of the week but it finally loses, you will receive $50. To get this refund you need to have wagered $1000 at least before, that is to say theoretically "lost" 10$ at 1% House Edge. $50-$10=$40
(If you were not interested in his bet initially, of course it doesn't really result in a profit for you, except if it wins)

Sorry mate, you are right Wink

. I am not really able to wager 1000$ in one week, so I could never participate in it. The double post monthly bonus is a nice little extra but you need to claim it every 10 minutes.

Peanutswar

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Quote from: Bitinity on October 28, 2021, 03:07:10 AM

Quote from: Saint-loup on October 27, 2021, 03:24:03 AM

But IMO most of people using this guarantee don't need to bet more than they usually do.

In fact there were many people who bet more than what they usually do (at least bet the max loss back) when the guarantee was 100% because it was like simply risk-free bet. Now the guarantee is reduced to 50%, so I guess those people I'm referring to previously will not do it again because there is a chance to lose 50% of the bet.

Its all about the risk they can afford some people would like to play gambling because they want to earn profit or they want to earn their money back again due to losses a lot of games. If you are aware regarding with your losses its more ideal thing to do is to have a management to your actions like bet a designated amount for a day and the same way with the losses too, stop loss is applicable to all not only in trading.

Bitinity

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Quote from: Saint-loup on October 27, 2021, 03:24:03 AM

But IMO most of people using this guarantee don't need to bet more than they usually do.

In fact there were many people who bet more than what they usually do (at least bet the max loss back) when the guarantee was 100% because it was like simply risk-free bet. Now the guarantee is reduced to 50%, so I guess those people I'm referring to previously will not do it again because there is a chance to lose 50% of the bet.

Coin_trader

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Quote from: babygun on October 27, 2021, 04:27:19 PM

Quote from: Saint-loup on October 27, 2021, 03:24:03 AM

If it was a fully "Win/Win promotion for them" as you say every sportsbook would offer it. Wagering $1000 with 1 or 2% House Edge only brings 10-20$ to the house, then you would still theoretically earn 30-40$ at the end even if you were betting specifically to be eligible to this promotion. But IMO most of people using this guarantee don't need to bet more than they usually do.

How could we still make 30 -40 $ with a 1% house edge? Wagering 1000$ with a 1% house edge, will in theory lead that you get back 990 $ and thus looses 10$. Offcourse, it all depends on your luck also. You might get lucky and end with a profit or end with a bigger than expected loss.

You should remember that this gambling and not an investment instrument that promise you a consistent return. A normal gambler that risking 1000$ and above will definitely not consider that much those small amount coming from house edge percentage and monthly bonus as part of there gambling portfolio. We are all gambling just to have a significant profit for a short period of time and at the same time to have fun. Personally that bonus and house edge is an that almost negligible to me since I can easily earn that with a few quick lucky bets then move on.

Mahdirakib

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In Search of Incredible

Quote from: panjul07 on October 23, 2021, 12:09:50 PM

Yeah hopefully we will get post monthly instead of 250k race.
Simply because post monthly bonus means that all players are enjoying the promo, while a race will be ~

A post monthly bonus has been released from Stake in the celebration of Watford win. Eligible players has received double bonus amount than the usual bonus amount. I have received the double amount too. Usually I was getting $25 from pre or post monthly bonus. Where I have received $50 in this time. Check your mailbox for the bonus link Wink

Saint-loup

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Merit: 2353

Quote from: babygun on October 27, 2021, 04:27:19 PM

Quote from: Saint-loup on October 27, 2021, 03:24:03 AM

If it was a fully "Win/Win promotion for them" as you say every sportsbook would offer it. Wagering $1000 with 1 or 2% House Edge only brings 10-20$ to the house, then you would still theoretically earn 30-40$ at the end even if you were betting specifically to be eligible to this promotion. But IMO most of people using this guarantee don't need to bet more than they usually do.

How could we still make 30 -40 $ with a 1% house edge? Wagering 1000$ with a 1% house edge, will in theory lead that you get back 990 $ and thus looses 10$. Offcourse, it all depends on your luck also. You might get lucky and end with a profit or end with a bigger than expected loss.

You should read more carefully babygun Wink

we are here talking about the Eddie's Guarantee. The maximum (half) refund is $50 then if you are interested in the Eddie's bet of the week but it finally loses, you will receive $50. To get this refund you need to have wagered $1000 at least before, that is to say theoretically "lost" 10$ at 1% House Edge. $50-$10=$40
(If you were not interested in his bet initially, of course it doesn't really result in a profit for you, except if it wins)

babygun

sr. member

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Quote from: Saint-loup on October 27, 2021, 03:24:03 AM

If it was a fully "Win/Win promotion for them" as you say every sportsbook would offer it. Wagering $1000 with 1 or 2% House Edge only brings 10-20$ to the house, then you would still theoretically earn 30-40$ at the end even if you were betting specifically to be eligible to this promotion. But IMO most of people using this guarantee don't need to bet more than they usually do.

How could we still make 30 -40 $ with a 1% house edge? Wagering 1000$ with a 1% house edge, will in theory lead that you get back 990 $ and thus looses 10$. Offcourse, it all depends on your luck also. You might get lucky and end with a profit or end with a bigger than expected loss.

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