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Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 845. (Read 269517 times)

sr. member
Activity: 2030
Merit: 356
Becoming an High Roller has never been so easy.

jdagger shows us just that:


He was betting at 1.1x multipler which very risky to losing 0.05 while he only won 0.005 from those bets. But the one is more interesting is the guy with "hidden" stats, he was able to hit 420x multiplee with 20k sats, wonder how many satoshis he spent to hit that with ~0.08 btc profit

Yes I agree with you that its a very risky way of betting. I remember a few years back I wanted to move my rank up with Primedice and I wanted to have a big wagered BTC. And I found out that the fastest way would be to bet on a safe multipler such as 1.1x or so. That way you can bet like 1 BTC and chances are you will win and it very quickly moved up your overall wagered BTC while keeping a high probability of winning.

Basically it worked well... until it didn't. I think I remember I ended up hitting 2 losses in a row with 1.1x and ended up losing a huge chunk of my BTC holdings at the time. So it looks like a surfire way of gaining a large BTC wagered account however eventually luck won't be on your side and you will end up with a large loss which usually is higher that the smaller wins that you won prior.

I think I won like 0.1 BTC about 4 times so 0.4 BTC but when I hit that loss I ended up losing 2 BTC so in the end lost over 1.6 BTC.

As far as I can see, this kind of flat betting with high amount but low payout is happening very often especially when there is a race. The main purpose is to wager as much as possible with low risk to win something from the race. Indeed it is risky bet but if someone is able to afford the lose then I can say that it is the best betting strategy to used on the race.


If you are active on the telegram group of stake your find many races which give good amount on wagering the highest amount.
Yes this this can be easily achieved by wagering high amounts with low odds but a one single loss will give you a big loss.

hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
There was a news that stake will be starting the sports betting feature too ? Is it also delayed ?
Although i am enjoying the games at stake.com but i eagerly looking forward for stake to start the sports betting for all the popular sports.
Have heard rumors of this feature from quite sometime now and it is disappointing that it has not been added so far which means that the rumors are probably fake and I don't think sports betting will be provided at Stake at any point in the near future.

Was looking forward to using another crypto sportsbook, but the only addition in recent times was the crash game and nothing else. Lets see what happens in the future.
What sports betting feature ? They don't have to add this feature because you can do it manually or set it up with the auto bet.

They have an old guide that covered this topic and this is probably what noormcs5 read before and I remember this was also posted here by one of their brand managers.

Are you sure you understand what i meant by sports betting where you bet on live matches. You cannot set sport betting feature manually without the odds...lol
The article which you provided is about the multi bet feature and it has nothing to do with sports betting feature.
legendary
Activity: 3500
Merit: 1354
Becoming an High Roller has never been so easy.

jdagger shows us just that:


He was betting at 1.1x multipler which very risky to losing 0.05 while he only won 0.005 from those bets. But the one is more interesting is the guy with "hidden" stats, he was able to hit 420x multiplee with 20k sats, wonder how many satoshis he spent to hit that with ~0.08 btc profit

Yes I agree with you that its a very risky way of betting. I remember a few years back I wanted to move my rank up with Primedice and I wanted to have a big wagered BTC. And I found out that the fastest way would be to bet on a safe multipler such as 1.1x or so. That way you can bet like 1 BTC and chances are you will win and it very quickly moved up your overall wagered BTC while keeping a high probability of winning.

Basically it worked well... until it didn't. I think I remember I ended up hitting 2 losses in a row with 1.1x and ended up losing a huge chunk of my BTC holdings at the time. So it looks like a surfire way of gaining a large BTC wagered account however eventually luck won't be on your side and you will end up with a large loss which usually is higher that the smaller wins that you won prior.

I think I won like 0.1 BTC about 4 times so 0.4 BTC but when I hit that loss I ended up losing 2 BTC so in the end lost over 1.6 BTC.

As far as I can see, this kind of flat betting with high amount but low payout is happening very often especially when there is a race. The main purpose is to wager as much as possible with low risk to win something from the race. Indeed it is risky bet but if someone is able to afford the lose then I can say that it is the best betting strategy to used on the race.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
What sports betting feature ? They don't have to add this feature because you can do it manually or set it up with the auto bet.

They have an old guide that covered this topic and this is probably what noormcs5 read before and I remember this was also posted here by one of their brand managers.
? I was clearly talking about the addition of sports betting on Stake which is why I don't understand why you are talking about the casino game bot in this regard and noormcs5 was talking about the same(Sportsbook feature).

Rumors have been circulating for quite sometime that Stake would allow players to bet on various sports soon, but it never happened like Fortunejack etc. They could still provide it if there is enough demand for it.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
Becoming an High Roller has never been so easy.

jdagger shows us just that:


He was betting at 1.1x multipler which very risky to losing 0.05 while he only won 0.005 from those bets. But the one is more interesting is the guy with "hidden" stats, he was able to hit 420x multiplee with 20k sats, wonder how many satoshis he spent to hit that with ~0.08 btc profit

Yes I agree with you that its a very risky way of betting. I remember a few years back I wanted to move my rank up with Primedice and I wanted to have a big wagered BTC. And I found out that the fastest way would be to bet on a safe multipler such as 1.1x or so. That way you can bet like 1 BTC and chances are you will win and it very quickly moved up your overall wagered BTC while keeping a high probability of winning.

Basically it worked well... until it didn't. I think I remember I ended up hitting 2 losses in a row with 1.1x and ended up losing a huge chunk of my BTC holdings at the time. So it looks like a surfire way of gaining a large BTC wagered account however eventually luck won't be on your side and you will end up with a large loss which usually is higher that the smaller wins that you won prior.

I think I won like 0.1 BTC about 4 times so 0.4 BTC but when I hit that loss I ended up losing 2 BTC so in the end lost over 1.6 BTC.
legendary
Activity: 1890
Merit: 1148
Becoming an High Roller has never been so easy.

jdagger shows us just that:


He was betting at 1.1x multipler which very risky to losing 0.05 while he only won 0.005 from those bets. But the one is more interesting is the guy with "hidden" stats, he was able to hit 420x multiplee with 20k sats, wonder how many satoshis he spent to hit that with ~0.08 btc profit
member
Activity: 2352
Merit: 57
Primedice.com & Stake.com
❗️$1,000 race starts in 55 minutes❗️

Length: 120 minutes
Start: 2:00am GMT
End: 4:00am GMT
Prize pool: 2,500 XRP ($1,000)
Winners: 100
sr. member
Activity: 980
Merit: 260
Becoming an High Roller has never been so easy.

jdagger shows us just that:



I think in fact, he does make it look easy Cheesy - he's the winner of almost all the top 5 games played and he indeed is a high roller and a lucky one too  Smiley
member
Activity: 2352
Merit: 57
Primedice.com & Stake.com
Becoming an High Roller has never been so easy.

jdagger shows us just that:

legendary
Activity: 3290
Merit: 1901
Shuffle.com
There was a news that stake will be starting the sports betting feature too ? Is it also delayed ?
Although i am enjoying the games at stake.com but i eagerly looking forward for stake to start the sports betting for all the popular sports.
Have heard rumors of this feature from quite sometime now and it is disappointing that it has not been added so far which means that the rumors are probably fake and I don't think sports betting will be provided at Stake at any point in the near future.

Was looking forward to using another crypto sportsbook, but the only addition in recent times was the crash game and nothing else. Lets see what happens in the future.
What sports betting feature ? They don't have to add this feature because you can do it manually or set it up with the auto bet.

They have an old guide that covered this topic and this is probably what noormcs5 read before and I remember this was also posted here by one of their brand managers.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
There was a news that stake will be starting the sports betting feature too ? Is it also delayed ?
Although i am enjoying the games at stake.com but i eagerly looking forward for stake to start the sports betting for all the popular sports.
Have heard rumors of this feature from quite sometime now and it is disappointing that it has not been added so far which means that the rumors are probably fake and I don't think sports betting will be provided at Stake at any point in the near future.

Was looking forward to using another crypto sportsbook, but the only addition in recent times was the crash game and nothing else. Lets see what happens in the future.

I would wait for the official response on this from the site because i remember it was not a rumor, there was really planing of introducing sports betting on stake. I do hope that it is only delayed and we will hear something positive about it soon on stake.com
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
There was a news that stake will be starting the sports betting feature too ? Is it also delayed ?
Although i am enjoying the games at stake.com but i eagerly looking forward for stake to start the sports betting for all the popular sports.
Have heard rumors of this feature from quite sometime now and it is disappointing that it has not been added so far which means that the rumors are probably fake and I don't think sports betting will be provided at Stake at any point in the near future.

Was looking forward to using another crypto sportsbook, but the only addition in recent times was the crash game and nothing else. Lets see what happens in the future.
member
Activity: 2352
Merit: 57
Primedice.com & Stake.com

I noticed a mistake in your article

Quote
If you’re having $50 on Real Madrid:

3.80 x 50 = $190
Your return includes your original stake - meaning your real profit is $190.

Since the payout includes the original bet, the real profit is 2.8 * $50 = $140, not $190

Thank you for the heads up.
You could also explain this as a review on the topic.



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Length: 90 minutes
Start: 12:30pm GMT
End: 2:00pm GMT
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Winners: 100

Win $25: Tweet a picture placing in the top 50 using the hashtag #stakerace
Win $10: Retweet & Like this post (3 winners) 💸

hero member
Activity: 1008
Merit: 515

I noticed a mistake in your article

Quote
If you’re having $50 on Real Madrid:

3.80 x 50 = $190
Your return includes your original stake - meaning your real profit is $190.

Since the payout includes the original bet, the real profit is 2.8 * $50 = $140, not $190
hero member
Activity: 2646
Merit: 586
-snip-
In that case the macro changes of course has a huge impact, we are talking about times when it was 20 thousand and times when it was 3 thousand and of course there was a lot of difference between them, not only in casino stand point but as a whole crypto world where a lot of money has went out of the market so it would only makes sense that the amount of wagered and amount of gamblers must have dropped or increased according to the price.

I was merely talking about how 10-12-8 probably doesn't matter that much, it must still have tiny affects of daily 10800 or 10400 price but I am sure not that much, probably small enough to not even realize if a whale just gambles for example. Hence, micro sense I think its not a big deal but on macro scale like that there must be some.
member
Activity: 2352
Merit: 57
Primedice.com & Stake.com

What are the user levels on stake and how much wagering is needed to reach them?

Thanks

Maybe it will answer your question related to user levels on stake https://forum.stake.com/topic/23136-how-to-get-stars-brown-silver-gold-and-platinum-on-chat-in-game/
I'm not really sure everything on that topic is correct because it is not an official topic from the admin but I have read some people talking the similar one on the chat.
Quoted from the above topic as follow:

Quote
Brown star - 10.000$
Silver star - 50.000$
Gold star - 100.000$
Plantium star - 250.000$

Those are it Cool

From benefits information:
Your benefits can be decided between your VIP host when you are assigned one. Most players prefer to receive their bonuses in direct Crypto, but some have accepted tickets to special events (Football etc.)
That sort of VIP benefits is usually for $10m+ wagering players
Which so far is only about 30 people
All of which Edward will look after
legendary
Activity: 3066
Merit: 1312
SOL.BIOKRIPT.COM

What are the user levels on stake and how much wagering is needed to reach them?

Thanks

Maybe it will answer your question related to user levels on stake https://forum.stake.com/topic/23136-how-to-get-stars-brown-silver-gold-and-platinum-on-chat-in-game/
I'm not really sure everything on that topic is correct because it is not an official topic from the admin but I have read some people talking the similar one on the chat.
Quoted from the above topic as follow:

Quote
Brown star - 10.000$
Silver star - 50.000$
Gold star - 100.000$
Plantium star - 250.000$
hero member
Activity: 1442
Merit: 578

What are the user levels on stake and how much wagering is needed to reach them?

Thanks
member
Activity: 2352
Merit: 57
Primedice.com & Stake.com
SPORTSBOOK GUIDE | https://forum.stake.com/guides/intermediate/decimal-fractional-or-american-what%E2%80%99s-the-difference-r16/

Sports are on the way!
Do you know the difference between Decimal, Fractional and American odds?
If not, this is a must read before you start betting!

legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
In my opinion I think the price of Bitcoin plays an important factor to how the crypto gambling industry will do. You need to understand that a crypto bear market is not good for any industry. In 2018 look what happened. Many companies had to shut their doors or claim bankruptcy, many more had to lay off massive amounts of people. People began to call the crypto industry nothing more than a pump and dump scam or Ponzi scheme. People were leaving gambling sites and users were falling.  I remember how lowtraffic the gambling category had at the beginning of 2019 compared to now.

If BTC breaks $20K then I expect another rush of new adoption and more people being introduced to crypto gambling. When BTC broke $10K a few months ago, many celebrities who gamble like that guy Norm McDonald tweeted if it's possible to play Poker with crypto. That is called adoption and it only happened because BTC was rallying. When BTC was falling and falling, it would scare adoption away.
I think those people you claim that left only happened because it was a dump and not a pump, there was a ton of people who got into bitcoin and lost money which is of course causing them to leave the crypto as a whole and not just gambling, they weren't leaving gambling and continue trading or something, they left because they were leaving the crypto scene all together.

Now, if we are talking about that kind of HUGE movements then yeah you could be totally right but on regular days like this when bitcoin could be 8 thousand or 12 thousand not much would change since not that many people would leave the crypto scene, maybe a few but they would be small enough to not matter. That is why I think it is totally correct that changes like 10%-20% up or down wouldn't affect it that much.

I wasn't talking about the micro term but more of the macro term, I am talking about months and years instead of days and weeks. I am pretty sure if someone joined Crypto at the beginning of the year they are not packing their bags because its trading at $10K now instead of the $13.8K yearly high.

When BTC went to $20K there were crazy amounts of people getting into Crypto and all services couldn't keep up with the demand. I am talking about Bitcoin ATMs, exchanges, Gambling sites, Reddit, Twitter, etc. It was massive adoption for anything that was related to Crypto. It was very good for Crypto gambling.

But in the Summer and Fall of 2018, things started to look bleak and people assumed BTC and Crypto was a scam and got out and exchanges had to lay off people and there was low traffic to all bitcoin services and exchanges. There was less and less posts in this category and people just moved on to stocks or other trading instruments.

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