Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team

[ultrloa]

Well said and I completely agree on your point of view.
It does not matter what the altcoin is or who is promoting it, one needs to go through one's own personal research before investing.
Also, since this is the official Stake thread, it would be better to keep the conversation of casino tokens on other thread, if I recall correctly there has been discussions purely dedicated to them before here in this section.

Cheers, I hope you all have a good beginning to this week!

It is better to put your money where your mouth is, altcoins most especially Casino based tokens have really performed below expectation in the past few months back, and up till now there is no recovery sign for most of them after the last market crash.
*I do advise people to avoid investing in them but rather they can use those tokens to place bets on the casino and earn extra rewards on them from time to time, aside from that, those tokens are suitable for long-term holding, because of their highly volatility.

Stake doesn't have any, and that is all I care right now here. I think if Stake ever created something like a token, that would get a ton of attention but it would also be not so wise for them. Sure they could make millions of dollars right away, but if it is to share the profits, why? Why would they want to share their profits when they are very well doing it.

This is why they don't have any, and that means whatever other token we are talking about doesn't belong here. There is definitely a potential out there, Stake could definitely consider it, they probably did consider it so far, and it must have turned out to be not a bright idea when they can already make millions without one.

Their reputation earned for more years will be their piece to earned support and success if they create their very own token. But do they really need it? I don't think so since they are very popular already and they can spend a lot of money for advertising their casino so for having that this casino is self sustaining already. Creating token might also give them bad taste to other group of people since some can't understand how the market work and maybe they will be tag bad if the price dump for some reason. So its good to remain like this and stick with no token on created since this is best for them.

Indeed!

Its not really that not necessary or really that much needed because i do agree on what you had said that they had established out their names already into this gambling industry on which
there's no need for them to add up more specially on this token idea where it isnt much needed.

The casino which create a token didn't look good at the moment since the price of it dumps and some people got pissed about those condition. And since This casino is well established already I don't think its really necessary for them to create those since this maybe could just add some hassle to their team especially when many people ask for a pump or even find some good exchange for their token to be listed. So overall Stake is already in its best shape even if they don't have tokens exist on the market.

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[Wiwo]

The casino which create a token didn't look good at the moment since the price of it dumps and some people got pissed about those condition. And since This casino is well established already I don't think it's really necessary for them to create those since this maybe could just add some hassle to their team especially when many people ask for a pump or even find some good exchange for their token to be listed. So overall Stake is already in its best shape even if they don't have tokens exist on the market.

Yes and that is simply because the token mechanism is different from the casino and the two can not interrelate easily,  most casino teams that have their token are all on the dump side with their tokens becoming almost worthless,  the best thing to do as a team is to concentrate the casino development and if there are looking for reward tokens for the casino it can be developed easily without wasting much of casino revenue on token development such as we have lately.
-The cryptocurrency winter has hit a lot of them hard and if care is not taken it may become more impossible to recover their value.
-I have seen some of those casino-based tokens doing well before but in the last few months I in the last quarter of the year 2022 October -November their price crashed with the ftx luna and the rest of the entire cryptocurrency market.

[klidex]

try playing these 2 games, after all, roulette and dice are just as fun as other games. What's more, if luck is on your side, you can definitely get your own benefits and satisfaction.
By increasing your VIP level on the stake.com gambling platform, the more and bigger the bonuses you will get, the more bonuses that are given to accounts that have reached the VIP level from weekly and monthly bonuses.
The higher the account level you use, the more bonuses you can get, so there is nothing to lose and it is very profitable for you if you can reach a high VIP level.

VIP levels are there to not just chase, but to happen when you are just gambling as well. Many people chase and try to get a higher and higher VIP levels, and I just disagree that it should be like that, it is there and giving out bonuses because there are people who like to gamble and if you gamble the way you normally would, while ignoring the levels, you will eventually hit it. That's exactly what I do, I just gamble while ignoring VIP levels, like I would gamble even if they didn't exist, and eventually I do level up, because I gamble and it happens naturally anyway. I suggest people to do that as well in order to protect their finances when they are chasing.

It is true that we continue to play and gamble gradually without realizing that the VIP level will be obtained at some point.
But do you also realize that there are some games that only give a small percentage in leveling up and there are also games that can really level up quickly.
If we pursue the VIP level, it will be very profitable because we can get a bonus with a slightly larger amount so that it will prevent us from having to make too many deposits just to be able to play continuously.
So there's nothing wrong if someone chases their account level but always manages their finances properly so they don't lose more money when they catch up with the account level they have.

I agree that having a VIP account with the highest level possible is a great advantage, but also if a person pursues this goal of having a VIP account with the highest level then that person will have to put a lot of money into the game, and of course that can deconcentrate on betting, for example let's imagine that a person needs 10,000 wagered to be a level 2 vip (as I am giving a random example I am not talking about the various levels of stake vip accounts), that person may be paranoid than bet 100$ on each game and lose bets, but he will continue to bet 100$ on each game because he believes that with that he can easily level up

but the problem gets bigger when that person already manages to have a top-level VIP account and looks back and sees that he had a lot of losses that he will never recover and starts to realize that he could have made a better choice, such as prioritizing victories and profit than focus on the account level

Even though someone needs a bet amount of $ 10,000 to reach VIP level 2, every time he makes a bet it is impossible if he experiences continuous defeats. There must also be a win that generates enough money so that fulfilling the $ 10,000 bet can continue to be carried out using the winnings as well.
If you have managed to reach that level and realize that you have suffered a loss, the loss will not be too big because it is still helped by the winning money on each bet.
The bonus that you get from the high VIP level is also quite large so it can be used to cover or return money lost on previous bets.
So I think it doesn't matter if you have to lose a little money because it will be worth what you get from the VIP level bonus.

[Lanatsa]

The casino which create a token didn't look good at the moment since the price of it dumps and some people got pissed about those condition. And since This casino is well established already I don't think it's really necessary for them to create those since this maybe could just add some hassle to their team especially when many people ask for a pump or even find some good exchange for their token to be listed. So overall Stake is already in its best shape even if they don't have tokens exist on the market.

Yes and that is simply because the token mechanism is different from the casino and the two can not interrelate easily,  most casino teams that have their token are all on the dump side with their tokens becoming almost worthless,  the best thing to do as a team is to concentrate the casino development and if there are looking for reward tokens for the casino it can be developed easily without wasting much of casino revenue on token development such as we have lately.
-The cryptocurrency winter has hit a lot of them hard and if care is not taken it may become more impossible to recover their value.
-I have seen some of those casino-based tokens doing well before but in the last few months I in the last quarter of the year 2022 October -November their price crashed with the ftx luna and the rest of the entire cryptocurrency market.

Most of them are on their floor price now and this is usually the end path of these type of coins which is really that solely created for the platform itself and if these tokens ends up on an exchange then its good
but its not really that surprising that it wont really be getting that much in demand on other people and those players are the main ones who do mainly supported on this coin.
There are no long path to take for a gambling site for them to propose a project roadmap in towards of their own coin.Yes, there might be some benefit but not really that
much, therefore it would be better to let alone this type of idea.

[Silberman]

The casino which create a token didn't look good at the moment since the price of it dumps and some people got pissed about those condition. And since This casino is well established already I don't think its really necessary for them to create those since this maybe could just add some hassle to their team especially when many people ask for a pump or even find some good exchange for their token to be listed. So overall Stake is already in its best shape even if they don't have tokens exist on the market.

Casino tokens do well for a time because unlike most altcoins at least there is a real business behind the coin which gives confidence to the investors to invest, trade and hold those coins, but the weakness of those coins are the casinos themselves, if the casino begins to present some problems then those tokens eventually crash, so I do not think it is recommended for any casino which is already successful to release their own token as they risk that happening to them and put a stain on their immaculate reputation.

[Hispo]

Easy, tokens are supposed to be for perk and bonus hunters and those who trade short term
Bitcoin and Ether for those who also wish to hold long term, in the end at least with Bitcoin one can cash out in more exchanges, deposit onto most of casinos regardless of the price, that is the charm of high liquidity.

Yeah casino tokens are limited in number of ways, but Bitcoin,, on the other hand has a universal acceptance and bigger liquidity that make it burn into any transaction.
100% of casinos accept Bitcoin deposits even though they may have their own tokens, but because of the dominant feature of Bitcoin, it is always number one on the payment method of most casinos.

You are absolutely right, and to add, I personally have not come across any casino that listed a token that belongs to another casino on the platform, I believe it's safe to say that this is due to the heavy competition among online casinos, every one of them is trying their possible best to become the best, and I believe they probably see listing a token belonging to another casino as helping such a casino to climb up, which is something they don't want to do, this is just pure business ethics I believe.

Also, there is the fact Stake or other reputable casino which is properly registered could face some backlash from regulators by minting a token in that way. In jurisdictions like the United States it could even considered to be an unregistered security.

That being said, a casino as successful as Stake does not have any necessity to launch something like that in order to continue leading the way in this industry.

[BitDane]

Also, there is the fact Stake or other reputable casino which is properly registered could face some backlash from regulators by minting a token in that way. In jurisdictions like the United States it could even considered to be an unregistered security.

That being said, a casino as successful as Stake does not have any necessity to launch something like that in order to continue leading the way in this industry.

Stake should be open for a possibility.  If the needs arise and the gambling trend goes to tokenized casino, and assuming the means of tokenizing casino is now legit to any jurisdiction, then it won't harm Stake to go with the trend.  with their huge usebase and huge number of whale players, I never doubt that stake will be successful in launching his own token.  But right now, I  also do not think there is a need for Stake to launch his own token.  Stake marketing strategy and promotions are very effective in keeping and inviting new players.  That said, I believe it is enough to keep Stake on the top.

[NicNacCoin]

Casino tokens do well for a time because unlike most altcoins at least there is a real business behind the coin which gives confidence to the investors to invest, trade and hold those coins, but the weakness of those coins are the casinos themselves, if the casino begins to present some problems then those tokens eventually crash, so I do not think it is recommended for any casino which is already successful to release their own token as they risk that happening to them and put a stain on their immaculate reputation.

Stake is already a very well known crypto casino platform in the world. The way they are going in the marketing field I think they will gain more popularity in the future and move forward. But Stake if they create their own casino token I think they will definitely use the amount of users and players they have and be successful. I think this will not harm their platform. At some point people will invest in this company's token and it will gain more popularity there. But in some cases there is a lot of risk that when people lose their tokens the market will go up and down in their sales. This may cause damage to the platform at times.

[abel1337]

Also, there is the fact Stake or other reputable casino which is properly registered could face some backlash from regulators by minting a token in that way. In jurisdictions like the United States it could even considered to be an unregistered security.

That being said, a casino as successful as Stake does not have any necessity to launch something like that in order to continue leading the way in this industry.

Stake should be open for a possibility.  If the needs arise and the gambling trend goes to tokenized casino, and assuming the means of tokenizing casino is now legit to any jurisdiction, then it won't harm Stake to go with the trend.  with their huge usebase and huge number of whale players, I never doubt that stake will be successful in launching his own token.  But right now, I  also do not think there is a need for Stake to launch his own token.  Stake marketing strategy and promotions are very effective in keeping and inviting new players.  That said, I believe it is enough to keep Stake on the top.

Yep, Stake doesn't need to make their own token at least as of the moment to join the trend. They are one of the biggest crypto casino that exist right now and they don't need such gimmicks to gain extra popularization. If there is there will be a time that most of casino has their own token and it is on trend, Stake could possibly release their own token but I think it will be flawless given that they have an idea on what could possibly go wrong on casino tokenizing. They would most likely prevent and avoid those kind of problems. But as of now, I personally don't see stake making their own token.

[n0ne]

Also, there is the fact Stake or other reputable casino which is properly registered could face some backlash from regulators by minting a token in that way. In jurisdictions like the United States it could even considered to be an unregistered security.

That being said, a casino as successful as Stake does not have any necessity to launch something like that in order to continue leading the way in this industry.

Stake should be open for a possibility.  If the needs arise and the gambling trend goes to tokenized casino, and assuming the means of tokenizing casino is now legit to any jurisdiction, then it won't harm Stake to go with the trend.  with their huge usebase and huge number of whale players, I never doubt that stake will be successful in launching his own token.  But right now, I  also do not think there is a need for Stake to launch his own token.  Stake marketing strategy and promotions are very effective in keeping and inviting new players.  That said, I believe it is enough to keep Stake on the top.

There is no need for the launch of Stake tokens. For now Stake is well organised and doing things in the right way with the partnering at specific time interval. These acts gives much exposure to Stake. Something tokenised and the same can be a problem if things go in the wrong way. We can't predict things to be perfect all the time. Another thing the same can be used as the tool by the competing platforms to down its market.

[BlackyJacky]

There is no need for the launch of Stake tokens.

Stake already created its own token called "Stake Cash"

They needed to create this token for their "social casino" Stake.us  

So that US players can socially enjoy Stake in the US! 

[babygun]

There is no need for the launch of Stake tokens.

Stake already created its own token called "Stake Cash"

They needed to create this token for their "social casino" Stake.us  

So that US players can socially enjoy Stake in the US! 

Interesting, first time I hear about this. So has it any value or is just like free money that you can try out the games? Does it have any other features like staking or farming or something similar?

[ryzaadit]

-snip-

It's only for "US" customers.

So, that's the reason why they're not promoting this one because most the time people are focused on global site not in 'US' site. They created 2 virtual coin for US player, "Gold Coins & Stake Cash"

The different these 2 virtual coin:

Gold Coins are a virtual token currency that has no monetary value and they cannot be redeemed for any value whatsoever. They can only be used for entertainment. Gold Coins are not in any way redeemable, refundable or exchangeable for any other currency.

Stake Cash is another virtual token currency that we have on the website, and it has no monetary value either. It cannot be purchased, it can only be obtained through free, promotional offers. Stake Cash can also be redeemed as a prize in a form of a crypto.

[len01]

Also, there is the fact Stake or other reputable casino which is properly registered could face some backlash from regulators by minting a token in that way. In jurisdictions like the United States it could even considered to be an unregistered security.

That being said, a casino as successful as Stake does not have any necessity to launch something like that in order to continue leading the way in this industry.

Stake should be open for a possibility.  If the needs arise and the gambling trend goes to tokenized casino, and assuming the means of tokenizing casino is now legit to any jurisdiction, then it won't harm Stake to go with the trend.  with their huge usebase and huge number of whale players, I never doubt that stake will be successful in launching his own token.  But right now, I  also do not think there is a need for Stake to launch his own token.  Stake marketing strategy and promotions are very effective in keeping and inviting new players.  That said, I believe it is enough to keep Stake on the top.

Yep, Stake doesn't need to make their own token at least as of the moment to join the trend. They are one of the biggest crypto casino that exist right now and they don't need such gimmicks to gain extra popularization. If there is there will be a time that most of casino has their own token and it is on trend, Stake could possibly release their own token but I think it will be flawless given that they have an idea on what could possibly go wrong on casino tokenizing. They would most likely prevent and avoid those kind of problems. But as of now, I personally don't see stake making their own token.

Stake does not need to create casino tokens like some other casinos. because in my opinion usually the creation of the token itself is only used as a promotion from the casino to attract new customers to register on their platform. but so far Stake is one of the big crypto casino and have many loyal customers in it and also Stake always have good promotions for their customers using BTC.
so it seems like it's just a waste of time to create their own tokens and it would be better if we focus on developing the platform so that customers feel more at home and comfortable here.

[ryzaadit]

-snip-

But the reality, they created virtual token.

It's amazing, how I just posted one hour ago but you're not notice anything about the discussion. It's only for US and there is no value money in the token they created but have some purpose on the platform.

[piebeyb]

There is no need for the launch of Stake tokens.

Stake already created its own token called "Stake Cash"

They needed to create this token for their "social casino" Stake.us  

So that US players can socially enjoy Stake in the US! 

not a US user so don't want to know much about it but Stake won't launch tokens like other casinos cause mostly it's a waste of time I think revenue share with holders and others Stake is big enough so no need to release crypto tokens like others , but if it's just "social casinos" in the US I think that's fine everything looks good 

[ultrloa]

There is no need for the launch of Stake tokens.

Stake already created its own token called "Stake Cash"

They needed to create this token for their "social casino" Stake.us  

So that US players can socially enjoy Stake in the US! 

not a US user so don't want to know much about it but Stake won't launch tokens like other casinos cause mostly it's a waste of time I think revenue share with holders and others Stake is big enough so no need to release crypto tokens like others , but if it's just "social casinos" in the US I think that's fine everything looks good 

Not needed and as the discussion goes with this idea many doesn't like the idea about creating so most provably Stake will follow what people sentiments on this plan. If they create virtual token for certain country well that's fine since maybe they just need to cope up with demand or maybe they need to find ways for that citizen to find easy way for them to place their bets.

[BlackyJacky]

There is no need for the launch of Stake tokens.

Stake already created its own token called "Stake Cash"

They needed to create this token for their "social casino" Stake.us  

So that US players can socially enjoy Stake in the US!  

Interesting, first time I hear about this. So has it any value or is just like free money that you can try out the games? Does it have any other features like staking or farming or something similar?

Stake Cash is the in-house currency and you can try out the games with free Gold Coins.

[Kakmakr]

The Slot (Snake Arena - Dream Drop) has several jackpots that can be won, but I think they are misleading us, because two days ago the biggest Jackpot was at 1.9 million euro and the slot said it must payout before 2 million euro... and I played it every day.

Then two days after that, the jackpot are suddenly on 2.1 million euro and now it says it must payout before 2.5 million euros.  It never resets to such a high amount after someone has won it... I think they are manipulating people. (Big yellow carrot that does not exist) 

[Symphonized]

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