Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 567.

Mahdirakib

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In Search of Incredible

Quote from: ryzaadit on June 01, 2021, 01:31:24 PM

~snip`

First of all I have only one account at stake. Gambling isn't my profession that I will create multiple account for taking advantages of promotion. But there are so many people with multiple accounts. Some of them openly confess about it in chat or other places (I found it in primedice chat). A user said he have four accounts at Stake. Probably there is a base reward for each VIP rank user and user receive the amount as bonus without making wager.

I'm also platinum rank VIP at stake and I haven't lost huge amount to reach at this point. And I don't think it will cost that much amount as you said above. BTW, Stake team can also catch the abuser with multiple accounts by doing IP check. From my view this is better way to prevent promotional abuser rather than KYC verification system.

Haunebu

hero member

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www.Crypto.Games: Multiple coins, multiple games

Quote from: SquallLeonhart on June 02, 2021, 01:22:41 PM

This is why I believe there is a good reason why people like me are moving to other places, because they feel more welcomed in those places, there are even places that accepts "free" bets basically as promotion, they will lose money on that marketing but they get business from me and others like me so they make it up back later on.

Understandable. The biggest mistake that Stake is making right now is not rectifying their withdrawal fees in my opinion. They decreased the minimum withdrawal amount recently which was the right move, but they didn't tweak the fees.

This is the primary reason why I shifted to sites like Bitcasino etc which literally charge zero fees even though they aren't as profitable as Stake.

SquallLeonhart

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Quote from: DarkStar_ on June 02, 2021, 12:07:18 AM

Quote from: Bitinity on June 01, 2021, 11:55:21 PM

It is a VIP promotion with nice rewards so the min bet is basically worth the rewards. I do think that the min bet is a bit lowered than the older VIP promotion. AFAIK it was $1 min bet for similar VIP promotion in the past. Few days ago, you also said that you are far from the bronze VIP level so you cant participate since only bronze level and above are allowed to participate.

Yeah, it's a pretty decent deal for someone trying to build a bankroll. If we look at previous promotions, the participation prize seems to be around $5. To hit a 10x + 20x + 30x multiplier (the three easiest), it takes about 60 bets total on average, so your EV is 60 * $0.5 * 0.01 = $0.3 excluding other VIP prizes/benefits from wagering. You're essentially getting a free $4.70 on average (or $9.90 if your account is verified) for a few minutes of "work".

I am not sure if people would be fine with that. And once again stake is a place for "whales" basically, obviously 0.5 bet minimum is not a whale size but it is not free neither, you may end up losing a ton of money while trying this out as well for some people. I for example gamble with 50$ per month, that is my thing and I do not gamble more, if I joined here and gambled this promotion there is a good chance I could lose all my monthly deposit in one sitting. Maybe I am just too poor, but once again stake doesn't want people like me and this was talked about a lot.

This is why I believe there is a good reason why people like me are moving to other places, because they feel more welcomed in those places, there are even places that accepts "free" bets basically as promotion, they will lose money on that marketing but they get business from me and others like me so they make it up back later on.

ryzaadit

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Quote from: panjul07 on June 01, 2021, 04:14:11 PM

you'll still receive something from the weekly and monthly bonuses but the amount will be low.
There are still some reasons why people try to have multiple VIP rank account.
One of the reason is to abuse giveaways/promotions especially the free one like the Eddie's Stream Giveaway every Saturday.
It is not worth the risks if you ask me, but other people may think differently about it and they may think that it is still worth to have multiple accounts in gambling sites.

Are you sure about that buddy, damn to only some rank or all rank got base bonus amount? IDK how many giveaways from "Eddie's Stream" is shared to everyone but for such big rank at least platinum even like me who still care a small amount money just don't have the time to do that. Grin

Saint-loup

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Quote from: Cryptoking1205 on June 02, 2021, 05:58:21 AM

I keep hearing about Stake's low RTP. How much truth is behind this? I'm currently platinum 1 and have noticed a dramatic shift in the slots these past couple weeks. Wagered over $30k last week and my stats are telling me I only came out $150 with in game bonuses. Pretty pathetic.

I'm not convinced about that, it could also be a bad losing streak. Did you try to compare with another casino? According to you which casino has a better RTP than Stake for this game?

MICRO has already replied to these claims above

Quote from: MICRO on June 01, 2021, 07:01:39 AM

Our RTP is the best there is on any casino out there.

We always wanted the lowest possible house edge on our players in casino and sportsbook as well.

and the team gave a similar answer on Trustpilot recently

Quote

We're sorry you haven't found the results you were looking for on Stake. Gambling can be volatile sometimes.

At Stake, all games have the highest RTP settings. This can actually be verified within the game. I suggest potentially contacting the providers themselves if you're feeling uneasy about the RTP offered. This is handled by them & they can safely assure you the same & that our settings are indeed lining up with what we offer.
[...]

https://www.trustpilot.com/reviews/60b5a3def9f4870a94b25e50

Cryptoking1205

newbie

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I keep hearing about Stake's low RTP. How much truth is behind this? I'm currently platinum 1 and have noticed a dramatic shift in the slots these past couple weeks. Wagered over $30k last week and my stats are telling me I only came out $150 with in game bonuses. Pretty pathetic.

DarkStar_

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Quote from: Bitinity on June 01, 2021, 11:55:21 PM

Quote from: babygun on June 01, 2021, 08:14:27 PM

Nice promotion and I like to play on Limbo, but 0.5$ minimum bet size is way too high for me.

It is a VIP promotion with nice rewards so the min bet is basically worth the rewards. I do think that the min bet is a bit lowered than the older VIP promotion. AFAIK it was $1 min bet for similar VIP promotion in the past. Few days ago, you also said that you are far from the bronze VIP level so you cant participate since only bronze level and above are allowed to participate.

Yeah, it's a pretty decent deal for someone trying to build a bankroll. If we look at previous promotions, the participation prize seems to be around $5. To hit a 10x + 20x + 30x multiplier (the three easiest), it takes about 60 bets total on average, so your EV is 60 * $0.5 * 0.01 = $0.3 excluding other VIP prizes/benefits from wagering. You're essentially getting a free $4.70 on average (or $9.90 if your account is verified) for a few minutes of "work".

Bitinity

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Quote from: babygun on June 01, 2021, 08:14:27 PM

Nice promotion and I like to play on Limbo, but 0.5$ minimum bet size is way too high for me.

It is a VIP promotion with nice rewards so the min bet is basically worth the rewards. I do think that the min bet is a bit lowered than the older VIP promotion. AFAIK it was $1 min bet for similar VIP promotion in the past. Few days ago, you also said that you are far from the bronze VIP level so you cant participate since only bronze level and above are allowed to participate.

babygun

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Quote from: Symphonized on June 01, 2021, 05:10:14 PM

🥇 [$6,000] Space Travel 🌌

On Stake Limbo game, win at least three unique multipliers, from the following list:
| 10x | 20x | 30x | 40x | 50x | 60x | 70x | 80x | 90x | 100x | 150x | 200x | 250x | 300x | 350x | 400x | 500x | 600x | 700x | 800x | 900x | 1000x | 1500x | 2000x | 2500x | 3000x | 3500x | 4000x | 4500x | 5000x | 10000x |
To be eligible, you need to hit at least 3 different multipliers.
Extra reward: If 1000x is one of those unique multipliers you need to hit to be eligible, you will get an extra reward. More info bellow
0.5 USD minimum bet amount (in any currency).

Giveaway's Topic: https://forum.stake.com/topic/42840-%F0%9F%A5%87-6000%E2%80%8B%E2%80%8B%E2%80%8B-space-travel-%F0%9F%8C%8C/

Nice promotion and I like to play on Limbo, but 0.5$ minimum bet size is way too high for me.

Quote from: Saint-loup on June 01, 2021, 06:08:28 PM

Stake is again offering a huge promotion for the next fight of its first brand ambassador, Israel Adesanya at UFC263 : a risk free bet! Shocked

Wow didn't saw this yet, thanks! Crazy promotion and even better than their first promotion they offered when Adesanya fought his first match as Stake ambassador.

Saint-loup

legendary

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Quote from: Kakmakr on June 01, 2021, 12:42:09 AM

I honestly think Stake are funding too many promotions and Giveaways and Brand Ambassadors lately and this might be why we see so many complaints in the Chat channels about people saying that the RTP on games are too low. There should be a good balance between marketing the casino with new offers and giving the players an enjoyable gaming experience. (24 hour race / Weekly / Pre-Monthly / Monthly / Eddie's weekly Stream with Bonus codes and $100k Raffle / Conquer the Casino prizes etc..)

It is no use for a casino to pull in more players with huge promotions, but they leave because the RTP is too low. Yesterday, I played 7 different Slots with 1000+ bets on each Slot and none of them gave me more than 80 wins out of the 1000 bets. We all know how Slots work, you get regular small rewards... to keep you playing, but over the long run.. the casino gradually take it all. (Now, in my experience... Stake has set the RTP too low, so many players now feel like they are losing too much... and they move to other casinos with a higher RTP)

Let's give constructive criticism to improve our great casino... and ask them to reduce the funding of these marketing schemes and rather give us a more pleasurable gaming experience with a higher RTP. Wink

(They do not need 6 UFC Brand Ambassadors) Roll Eyes

Instead of whining, why don't you try to take advantage of these promotions Kakmakr?
Stake is again offering a huge promotion for the next fight of its first brand ambassador, Israel Adesanya at UFC263 : a risk free bet! Shocked

Symphonized

member

Activity: 2436

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Primedice.com & Stake.com

🥇 [$6,000] Space Travel 🌌

On Stake Limbo game, win at least three unique multipliers, from the following list:
| 10x | 20x | 30x | 40x | 50x | 60x | 70x | 80x | 90x | 100x | 150x | 200x | 250x | 300x | 350x | 400x | 500x | 600x | 700x | 800x | 900x | 1000x | 1500x | 2000x | 2500x | 3000x | 3500x | 4000x | 4500x | 5000x | 10000x |
To be eligible, you need to hit at least 3 different multipliers.
Extra reward: If 1000x is one of those unique multipliers you need to hit to be eligible, you will get an extra reward. More info bellow
0.5 USD minimum bet amount (in any currency).

Giveaway's Topic: https://forum.stake.com/topic/42840-%F0%9F%A5%87-6000%E2%80%8B%E2%80%8B%E2%80%8B-space-travel-%F0%9F%8C%8C/

This Portland Denver game got us like... 🤯🍿

#NBAPlayoffs

https://twitter.com/Stake/status/1399939148648128514

panjul07

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Quote from: ryzaadit on June 01, 2021, 01:31:24 PM

Quote from: Mahdirakib on June 01, 2021, 01:20:26 PM

-snip-

What's the point you have multiple accounts with different rank Grin

they need to cost a thousand hundred dollars to reach Platinum rank and Rakeback, reload, weekly and monthly is based a wager so If they did not wager they do not receive anything.

You are correct that weekly and monthly bonuses is based on wager but there is also base bonus amount.
So even if you are not wagering, you'll still receive something from the weekly and monthly bonuses but the amount will be low.
There are still some reasons why people try to have multiple VIP rank account.
One of the reason is to abuse giveaways/promotions especially the free one like the Eddie's Stream Giveaway every Saturday.
It is not worth the risks if you ask me, but other people may think differently about it and they may think that it is still worth to have multiple accounts in gambling sites.

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: ryzaadit on June 01, 2021, 01:31:24 PM

Quote from: Mahdirakib on June 01, 2021, 01:20:26 PM

-snip-

What's the point you have multiple accounts with different rank Grin

they need to cost a thousand hundred dollars to reach Platinum rank and Rakeback, reload, weekly and monthly is based a wager so If they did not wager they do not receive anything.

Unlesh like "Deposit" offer you abused with multiple account, but for bonus turnover there is no point at all.

You're making a fair point and in general this level of multi-accounting won't work but there are a few individuals who live for gambling and so pour all their money in on it.

Having multiple accounts will help them reap the benefits of playing non-stop and getting some reward in return. There might also be the case that people lend their KYC account to others. So, while for most multiple VIP accounts don't mean much it can mean a lot to a few.

perfect999

sr. member

Activity: 1694

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Quote from: Kakmakr on June 01, 2021, 12:42:09 AM

I honestly think Stake are funding too many promotions and Giveaways and Brand Ambassadors lately and this might be why we see so many complaints in the Chat channels about people saying that the RTP on games are too low. There should be a good balance between marketing the casino with new offers and giving the players an enjoyable gaming experience. (24 hour race / Weekly / Pre-Monthly / Monthly / Eddie's weekly Stream with Bonus codes and $100k Raffle / Conquer the Casino prizes etc..)

It is no use for a casino to pull in more players with huge promotions, but they leave because the RTP is too low. Yesterday, I played 7 different Slots with 1000+ bets on each Slot and none of them gave me more than 80 wins out of the 1000 bets. We all know how Slots work, you get regular small rewards... to keep you playing, but over the long run.. the casino gradually take it all. (Now, in my experience... Stake has set the RTP too low, so many players now feel like they are losing too much... and they move to other casinos with a higher RTP)

Let's give constructive criticism to improve our great casino... and ask them to reduce the funding of these marketing schemes and rather give us a more pleasurable gaming experience with a higher RTP. Wink

(They do not need 6 UFC Brand Ambassadors) Roll Eyes

They are both giving away millions of dollars monthly, and they are also spending millions of dollars in promotion. Honestly I do not think that there is something as "too much marketing", the more they do it the better, they already established a great website and if they did not changed a single line of code for the casino part that would still be fine for them, surely they need to get better when there are better tech available but that doesn't really sound like a very fastly needed thing right now.

I get that stake needs to improve but I do not think that it is the casino part that needs help. I believe it is the management that needs to change some things, it is the lack of small fish friendly moves, they always try to attract whales but I never see them try to get anyone else. Aside from that part where if you gamble with 100 bucks wallet you can just get out type of act, there is nothing wrong with the casino itself.

ryzaadit

legendary

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Quote from: Mahdirakib on June 01, 2021, 01:20:26 PM

-snip-

What's the point you have multiple accounts with different rank Grin

they need to cost a thousand hundred dollars to reach Platinum rank and Rakeback, reload, weekly and monthly is based a wager so If they did not wager they do not receive anything.

Unlesh like "Deposit" offer you abused with multiple account, but for bonus turnover there is no point at all.

Mahdirakib

legendary

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In Search of Incredible

Quote from: ryzaadit on June 01, 2021, 12:39:05 PM

Verified account = KYC
So, KYC is one of to prevent some promotional abuse! do you think they have so many ID to verify the account. And is a gambling platform even they created multi-account rakeback need to be wager they just wasting a time created a multi-account because stake doesn't have any faucet at all and some promotion deposit is pretty rare no one can get that offer.

Stake don't have faucets but so many bonuses. And I believe that there a lot of users with multiple accounts, some user have several VIP ranked accounts. They receive weekly, pre-monthly, monthly bonuses and weekly reolad set too. They will also receive those bonuses without making any wager. Abuser will verify their one account to take more advantages of extra rewards, while their other account reward will be normal.

The main fact is that, Stake spending extra money by providing additional rewards to verified users. Account verification can't stop the abuse of bonuses/promotion.

ryzaadit

legendary

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Quote from: Mahdirakib on June 01, 2021, 09:20:48 AM

So, unverified accounts will receive the amount what they should have (nothing less). And user with verified account will receive extra amount. Stake also give extra rewards (double amount) to verified user in some other promotion. And there is no strict rules of account verification at any promotion of Stake. Actually I couldn't get the point that how it will prevent the promotional abuse! @MICRO, Can you clarify about it?

Verified account = KYC

So, KYC is one of to prevent some promotional abuse! do you think they have so many ID to verify the account. And is a gambling platform even they created multi-account rakeback need to be wager they just wasting a time created a multi-account because stake doesn't have any faucet at all and some promotion deposit is pretty rare no one can get that offer.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: perfect999 on May 31, 2021, 02:47:28 PM

Honestly this 100k weekly thing is getting out hand, that's like probably the biggest there is. Stake either found some huge investor with hundreds of millions of dollars in their pockets, or this pandemic period really gave you guys a huge boost in profit. To check what they have done in 2021 as far as I know: they partnered with ufc, they got few fighters signed, they gave away a million dollars, they are giving away 100k per week, they agreed on a stream live deal with NBA and NHL and MLB, and these are all I can remember.

When you put them top to bottom that's like 10+ million dollars easily, they didn't say actually how much it cost but I believe all the things they have done so far is definitely 10+ million dollars for sure. All these together means they must be doing awesome or they got a huge new investor because that's like the biggest investment a casino made in under 6 months I can remember in crypto world Cheesy

.

The vision that Stake.com has is very large, it is also not only because it has good investors, or that a particular investor has been interested in the platform, the immense work they have done since it was formed, the commitment of each one of the stake.com dependencies works like a well-measured gear and without any glitches.

In addition, the bets that are handled on the platform are usually for all types of players and bettors, many really large bets have been paid and without any problem, if you enter the platform, the mere fact of having Adesanya with the sponsorship of Stake .com implies that the UFC has gained a lot more vision, because a lot of punters are fans of the UFC, and since you say it is entering the NHL, the NBA, the things that are ahead are incredible, personally I would love to see Stake.com on the QATAR World Cup, on their billboards, of course I am a huge soccer fan and that's why I say it, maybe my wishes will be fulfilled =).

Slow death

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Leading Crypto Sports Betting & Casino Platform

Quote from: 2double0 on May 31, 2021, 03:09:48 PM

I wish if they open a pot some day to let all of their players invest something in it and gain a part of their profits. Grin

there was a time when I wondered about this issue because I saw the returns that casinos gave to investors being a very low return that did not pay off in the short and long term for small investors, but it seems to me that it was advantageous for casinos, for I do not see this option to be resumed because I doubt that people will be interested in investing to make profits that are very small to the point of being the same when investing in a bank where profits are also small.

we have UEFA Euro that will be this month, I’m excited for those games although the results are difficult to predict

zanezane

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★Bitvest.io★ Play Plinko or Invest!

Quote from: 2double0 on May 31, 2021, 03:09:48 PM

Right, stake had been very generous in their promotions and has never been late to pay the winnings to their respective winners. Stunna and team had always been very punctual in their works, whether it is about managing Primedice and now, Stake. I wish if they open a pot some day to let all of their players invest something in it and gain a part of their profits. Grin

That's a pretty good idea in my opinion, letting players invest is a rare thing in crypto gambling with only bankroll investing as the only way to invest.

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