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

[Symphonized]

BANG! 💥

The ball drops and a find way to 1000x for @JaredFPS 🔴

https://x.com/Stake/status/1803408640365256712

[Fivestar4everMVP]

-snip-

Yes, but not tried it yet.

I think, what we want just a normal cash game without a tournament system. I also want to tried cash game, and perhaps getting some profit from my first time cash game the problem while playing a tournament we must play until the end ~XD Still waiting for the regular cash game, to tired for playing a typical tournament poker but if you want to get the good prize with small entry.

Tournament it's always good.

The number of people who gamble poker at stake will increase with time if they keep doing marketing more and more. It is a very very rough retention thing at poker, most people already have their ways and they are not looking for other places, and it is not gambled nearly as much as other games too.

So, you are trying to get players from a very limited population that is already happy where they are, which means that if you offer a free tournament they may give it a try, but it is going to be hard to keep them there and make them deposit. I still think that they will do fine, it is not going to cost them enough to stop, we just need to make sure that they are aware we appreciate the game there and enjoy it whenever we can, and praise it whenever we can.

New games of this nature is always shot of players at the very beginning like this, most especially if it's an ancient type of game that most new gamblers don't know how to play it yet, for example, myself would have loved to try the poker game on stake, but unfortunately, I don't know how to play poker yet, though I've sat with some people while I watched them play, but I really didn't under the mechanics.

So, I very much agree with you that the number of poker players on stake will definitely grow, as far as they continue marketing and building really good product for their customers, some poker players may end up having issues with the casino they have been playing with, and the next casino of choice would be Stake.
And some of us who are already playing other games on stake but don't know how to play poker yet, as soon as we learn, we start playing too, and the number of players definitely (through this means) will keep increasing indeed.

[fullhdpixel]

Roulette and Dice game concepts are completely different. The 0 is a special payout number on the roulette game. But you will loss your bet if you roll the number 50.00 on 1.98× payout (50% win chance) in the dice game. This is because of the difference of house edge concept of both games.

BTW, I had participated in some freeroll poker tournaments of Stake until now. And I have managed to win prizes from only one tournament, I had ended with 83rd rank and received $1.5 as reward.

I don't see any difference. In Roulette, you choose Black or Red, Odd or Even... and in Dice, you choose above 50 or below 50, they are both 50-50 choices.

Black or red (odd or even) is a 47.4 chance of winning a 2x bet. On dice you also don't get 2x for betting over/under 50, 2.0x pays if you bet over/over 50.50.  The win chance for this is supposedly 49.5%. In reality it should be but we all know stake. 

So you have a chance of 47.4% at roulette vs a 49.5% at dice to win a 2x bet, that's a 2% difference in house edge which in the long run is HUGE.

That would be pretty hard to explain to the people, because I have seen people say "you have a 50% chance to win at blackjack, either you have a better hand than the dealer or you don't" and they think that is 50%. I love the tv show "young Sheldon" because it explains possibility and probability.

The difference is that I can go to my house today and find a million dollars or not, that doesn't make it 50-50% possibility of it, we all know that when explained this well and that tv show did it so well. However, there are still people out there who do not understand it that well, some do and still choose to ignore it and I respect those people because they made a decision, but some have no clue how any of this works at all.

[o48o]

Congrats, @o48o! The 3rd place in a tournament with 3,000+ entries is amazing!
-cut-

Thanks, but i feel i owe lot of my third place to that last table, because i am not sure why, but most in the table seemed to be eager to immediately put all in. I would have been completely happy with 10th place with $10, but i thought i might wait some hands out while other players were dropping. I had some money left, so i had some time to wait for the good hand, and other players were betting really aggressively. So after few hands, there were only few left and i ran out of money, and i went with last hand as a hail mary and lost.

And i haven't been that lucky since. But i wouldn't do free tournaments just for money every day, as tournaments are long and most of the time even if you play well, you are not getting into that last table. And games are less interesting when people with basically nothing to lose play, so they do all-ins a LOT. Not that i am complaining with free $80, but poker tournaments take lot of time and need lot of attention.

[BlackyJacky]

I spend more than the amount you involved on the house blackjack but never experienced what you are claiming since the result pretty fair as a regular blackjack player on both live games and house game.

You have lost more than 30,000 USD playing Black Jack at Stake and now you make nonsense posts for cents to recover your loss?  

I didn’t mention that I lost that kind of amount but I wager more than that amount on my overall game time on house blackjack.

You said "spend" and spend is giving money out of hand = lost and not wagered.

[Akbarkoe]

I have not been in contact with Stake.com for a long time and maybe still groping how they work, and I asked the community on telegram where they already have more than 20% increase in their VIP Level but still not subject to mandatory KYC, they are still comfortable making deposits and also withdrawals without having to do KYC.

If anyone knows, at what level are users required to do KYC? Or at what limits (withdrawals and deposits) are users required to do KYC, this might be quite useful, especially for me personally.

[Symphonized]

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[Bitinity]

I have not been in contact with Stake.com for a long time and maybe still groping how they work, and I asked the community on telegram where they already have more than 20% increase in their VIP Level but still not subject to mandatory KYC, they are still comfortable making deposits and also withdrawals without having to do KYC.

If anyone knows, at what level are users required to do KYC? Or at what limits (withdrawals and deposits) are users required to do KYC, this might be quite useful, especially for me personally.

There is no specific level and no specific limit as far as I can remember. What I know is that there are still many non-verified users with higher level such as Plat 1-Plat V and there are also many verified users on the same level but the reason is not because they are asked by Stake. The reason is usually because players want to get 100% extra bonus from some of the available promotions (mostly forum challenge). These non verified users are mostly old players who created the account long time ago, I'm included.

[BitcoinHunt3r]

I have not been in contact with Stake.com for a long time and maybe still groping how they work, and I asked the community on telegram where they already have more than 20% increase in their VIP Level but still not subject to mandatory KYC, they are still comfortable making deposits and also withdrawals without having to do KYC.

If anyone knows, at what level are users required to do KYC? Or at what limits (withdrawals and deposits) are users required to do KYC, this might be quite useful, especially for me personally.

This is a bit complicated to explain because each account has different benefits and it depends on when your account was created, we have some friends here who have been going for more than 3-5 years and he hasn't done any KYC at all and he can request withdrawals and make deposits up to $5000 well, if your account was recently created then you may have to follow the applicable rules because new rules continue to be updated every year. To answer your question, perhaps those who have created accounts since 2021-2022 can answer it because as far as I remember, that was the time when KYC was implemented.

[Haunebu]

No, you are not looking into the actual fact here. At Stake, dice game has 1% house edge and roulette has 2.7% house edge. There are 37 numbers on Stake roulette including the 0. Where the chance of getting 0 or any other number is 2.7%. But the chance of rolling the 50.00 or any other specific number is only 0.01% on the dice game.

Agreed. He isn't really taking the house edge into consideration which is odd since it's how casinos earn on a regular basis. Roulette always has a higher house edge when compared to dice.

Stake's house edge on their games is quite low when compared to the competition thanks to which they are so highly regarded.

[wiss19]

i feel i owe lot of my third place to that last table, because i am not sure why, but most in the table seemed to be eager to immediately put all in. I would have been completely happy with 10th place with $10, but i thought i might wait some hands out while other players were dropping. I had some money left, so i had some time to wait for the good hand, and other players were betting really aggressively. So after few hands, there were only few left and i ran out of money, and i went with last hand as a hail mary and lost.

That is what they say that in events like this, people like to do all-in's. I guess that is because they have nothing to lose? I'm referring to money since they still exert an effort here and sacrifice some time when they show up. I see that you have a bitter experience there, so why still be guilty that you end up in 3rd place? You deserved it better than being on the 10th place only. If you are disappointed that you only reached 3rd and not 2nd or 1st, that's just how it goes some times but don't get discouraged to stop and I believe that you will soon reached those spots.

i wouldn't do free tournaments just for money every day, as tournaments are long and most of the time even if you play well, you are not getting into that last table. And games are less interesting when people with basically nothing to lose play, so they do all-ins a LOT. Not that i am complaining with free $80, but poker tournaments take lot of time and need lot of attention.

Well said mate. Yeah, we can only do it on our free time. There are still people that even if they are only playing with free money, they are still careful and feeling it.

[Akbarkoe]

I have not been in contact with Stake.com for a long time and maybe still groping how they work, and I asked the community on telegram where they already have more than 20% increase in their VIP Level but still not subject to mandatory KYC, they are still comfortable making deposits and also withdrawals without having to do KYC.

If anyone knows, at what level are users required to do KYC? Or at what limits (withdrawals and deposits) are users required to do KYC, this might be quite useful, especially for me personally.

There is no specific level and no specific limit as far as I can remember. What I know is that there are still many non-verified users with higher level such as Plat 1-Plat V and there are also many verified users on the same level but the reason is not because they are asked by Stake. The reason is usually because players want to get 100% extra bonus from some of the available promotions (mostly forum challenge). These non verified users are mostly old players who created the account long time ago, I'm included.

Does that also include the diamond level? if they are old players then they are free to deposit money or withdraw any amount of money if the system is like that, right?

Is this not dangerous? considering that someone who cheats using an account that has a high VIP level does things that are actually avoided from having mandatory KYC, but there is a good point because old users have a specialization without having to do KYC, if new users are required KYC and old players are exempt from mandatory KYC and then they can play, withdraw and deposit without having to provide their data.

[Symphonized]

Another Weekend just around the corner!

[Bitinity]

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Does that also include the diamond level? if they are old players then they are free to deposit money or withdraw any amount of money if the system is like that, right?

Is this not dangerous? considering that someone who cheats using an account that has a high VIP level does things that are actually avoided from having mandatory KYC, but there is a good point because old users have a specialization without having to do KYC, if new users are required KYC and old players are exempt from mandatory KYC and then they can play, withdraw and deposit without having to provide their data.

I dont know about higher level but I do still think that not all of them are verified till now. KYC can be asked anytime if Stake think that need to do it because of a reason to any account no matter what is the level of the account. Coming to cheat, I do believe Stake is well experienced enough and they know how to avoid such a thing. To be frank I dont really care about the others, whether they are verifed or not but I care about my own account. So far I have no issue in deposit and withdrawal although I'm a non verified user, that's the most important thing for me.

[Symphonized]

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[Symphonized]

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And the Plinko Predictor predicts... 🥁

https://x.com/Stake/status/1805217559752659443

[Hispo]

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🍑.

I dont know about higher level but I do still think that not all of them are verified till now. KYC can be asked anytime if Stake think that need to do it because of a reason to any account no matter what is the level of the account. Coming to cheat, I do believe Stake is well experienced enough and they know how to avoid such a thing. To be frank I dont really care about the others, whether they are verifed or not but I care about my own account. So far I have no issue in deposit and withdrawal although I'm a non verified user, that's the most important thing for me.

I always felt a little bit curious on how Stake managed users who joined the casino before KYC was heavily enforced and required by regulators within this sector. My guess was they massively asked for documents to all members regardless of their level and the time they have had their account, but I guess I was wrong and they still in someway managed to get regulators happy by just asking for verification to new members, leaving alone those who had reached a high level before the introduction of tighter regulation...
Interesting to know the OGs of Stake still can basically deposit and withdraw without having to summit their verification data at all.

[Mahdirakib]

Does that also include the diamond level? if they are old players then they are free to deposit money or withdraw any amount of money if the system is like that, right?

A user need to wager at least $25 million to reach the Diamond VIP rank. Which is a very big amount. It will take ages for a medium budget gambler (whose bankroll and max withdrawal remains below $10k) to wager that amount. A diamond level user will obviously have deposits and withdrawals above $10k. It is common for a licensed casino to apply the KYC verification rules to those users who have such deposits and withdrawal activity.

[Kakmakr]

Does that also include the diamond level? if they are old players then they are free to deposit money or withdraw any amount of money if the system is like that, right?

A user need to wager at least $25 million to reach the Diamond VIP rank. Which is a very big amount. It will take ages for a medium budget gambler (whose bankroll and max withdrawal remains below $10k) to wager that amount. A diamond level user will obviously have deposits and withdrawals above $10k. It is common for a licensed casino to apply the KYC verification rules to those users who have such deposits and withdrawal activity.

Well, you will have to spend almost $250 000 of your own money to achieve a $25 000 000 wager requirement ($10 for every $1000 wagered) ... it is obviously a bit less, because you get rakeback and bonuses too.

In the end, it will not be worth it to wager that much, just to "unlock" that.

[wiss19]

Does that also include the diamond level? if they are old players then they are free to deposit money or withdraw any amount of money if the system is like that, right?

A user need to wager at least $25 million to reach the Diamond VIP rank. Which is a very big amount. It will take ages for a medium budget gambler (whose bankroll and max withdrawal remains below $10k) to wager that amount. A diamond level user will obviously have deposits and withdrawals above $10k. It is common for a licensed casino to apply the KYC verification rules to those users who have such deposits and withdrawal activity.

Well, you will have to spend almost $250 000 of your own money to achieve a $25 000 000 wager requirement ($10 for every $1000 wagered) ... it is obviously a bit less, because you get rakeback and bonuses too.

In the end, it will not be worth it to wager that much, just to "unlock" that.

I do not think that you need to "spend" anything, because there isn't really a guarantee that you are going to end up with a result like that just because it would be the average. You could even make a profit if you are lucky and I would hope that someone who is a diamond level one would also get some benefits as well, which would drop that.

Plus, we have a lot of different games with a lot of different results, and house edges as well. It just means that we are going to end up with something that will take a while, and I believe that we are going to see the result being a little bit quicker. Just imagine this as something that will take time, and I believe that we are going to be quite the fun situation without a doubt if we get a good return.