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[nelson4lov]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

I'm only thankful that I didn't place a bet on that France vs Hungary match because if I did, I'm very sure I would have taken the moneyline bet on France to win. Why? Hungary is the least strong team in that group and everyone was expecting them to smash Hungary possibly by 2-5 goals but France went 1-0  down early on and were only able to get back on level terms. It's good for newbies and beginners alike to know that they can also lose money in gambling. Similar to how traders only show off their winnings while refusing to post about their losses but this gives the newcomers expectations that they can do it too with little to no experience.

Whenever a big team fails to win against an underdog, it generates more losses than wins as people are inclined to bet on favorites rather than underdogs.

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[Juggy777]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

I'm only thankful that I didn't place a bet on that France vs Hungary match because if I did, I'm very sure I would have taken the moneyline bet on France to win. Why? Hungary is the least strong team in that group and everyone was expecting them to smash Hungary possibly by 2-5 goals but France went 1-0 early on and were only able to get back on money terms. It's good for newbies and beginners alike to know that they can also lose money in gambling. Similar to how traders only show off their winnings while refusing to post about their losses but this gives the newcomers expectations that they can do it too with little to no experience.

Whenever a big teams fails to win an underdog, it generates more losses than wins as people are inclined to bet on favorites rather than underdogs.

@nelson4lov in another thread I said for the next few matches Draw is the best option, but in the end I was unable to back myself and I missed three great draws to make money England, Spain, and France. Furthermore I feel Spain will be eliminated and they deserve to be eliminated for playing such sloppy football, so an interesting choice for those who’re willing to take risk on their next match being a draw too.

[blockman]

I agree. For the sake of verification if they happen to find someone who's suspicious and probably taking advantage of the promo then KYC is a must. But if there's no such thing as suspected, there's no need for them to ask for it. They don't ask that usually and that's why there are a lot of satisfied gamblers staying on stake because they're not enforcing kyc for each of their gamblers. Me too, I was never asked to do KYC.

This should really take as necessary by gamblers if they are playing on reputable casino and we need to accept that verification really happen. Also stake will not ruin their reputation for just stealing the identity and players should not be afraid about it since they are well establish casino compare to other gambling site here. Although I understand why people get afraid on identity stealing but those one happen mostly on unreputable site.

Some casinos are even forcing their KYC but it's a different thing at stake. There's no forcing unless you really have to comply and you've seen to have some suspicious activity with your account. But what's good with stake is that if you don't do anything bad, you're not going to have any problems or being asked for the KYC which many don't like.

[Vaskiy]

I agree. For the sake of verification if they happen to find someone who's suspicious and probably taking advantage of the promo then KYC is a must. But if there's no such thing as suspected, there's no need for them to ask for it. They don't ask that usually and that's why there are a lot of satisfied gamblers staying on stake because they're not enforcing kyc for each of their gamblers. Me too, I was never asked to do KYC.

This should really take as necessary by gamblers if they are playing on reputable casino and we need to accept that verification really happen. Also stake will not ruin their reputation for just stealing the identity and players should not be afraid about it since they are well establish casino compare to other gambling site here. Although I understand why people get afraid on identity stealing but those one happen mostly on unreputable site.

Some casinos are even forcing their KYC but it's a different thing at stake. There's no forcing unless you really have to comply and you've seen to have some suspicious activity with your account. But what's good with stake is that if you don't do anything bad, you're not going to have any problems or being asked for the KYC which many don't like.

Also, it has been following an interesting way to make users verify KYC. Users who have done 1st level of KYC will get 10% extra on all form of bonuses. 2nd and 3rd level verified users will get 13% and 15% extra. This is a way better to make users verify.

[babygun]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

Lol what a crazy bets, why in the first place would you bet on a 1.26 odd?! He probably thought this would be an easy win, but in soccer everything can happen.
Also betting on correct score is crazy as this is one of the most difficult markets to bet on.

[SaShiRaJaVu]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

Many lost their money betting for France and there was another match with Spain and those were drawn matches and i have seen huge bets on both these games. What i did was a parlay huge parlay for all the matches with draw or win and i won the bets today as Italy was the last match in my parlay and the bets were not that high but not risky as i was not expecting any upsets but expected a draw in a couple of matches.

[fullhdpixel]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

Hooooly cow! Someone lost 474k on a bet???!! That is a lot of money man, that is literally enough money for me to retire and never have to work ever again, that is the amount that you can retire and never have to worry about money ever again unless you go buy some super yacht or something, this is just surreal how rich some people are. I am sure that is not all of his money, if it was that was one of the most stupidest things I have seen in my life, I hope that dude had like tens of millions of dollars in order to play such a big bet, if he had less than he risked way too much.

However if you were to wager on any game then this would have been one, we are talking about France versus Hungary here and the result was a shock to the whole world, I was really hoping for a France win and wagered as well but I wagered 20 bucks on it not 474 freaking thousand dollars.

[Symphonized]

Who's excited for more awesome content this week??



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https://twitter.com/Stake/status/1406839295474900996

[seleme]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

Lol what a crazy bets, why in the first place would you bet on a 1.26 odd?! He probably thought this would be an easy win, but in soccer everything can happen.
Also betting on correct score is crazy as this is one of the most difficult markets to bet on.

Probably he was doing these crazy bets to increase wager and make a small profit on favorite teams. As you mentioned, the lack of a single goal can cost a huge like in this case. TBH, doing such bets once is acceptable but keep repeating the same method is RIP sooner or later. After making $50k on the first bet, he should stop doing this, IMHO...

[nelson4lov]

Probably he was doing these crazy bets to increase wager and make a small profit on favorite teams. As you mentioned, the lack of a single goal can cost a huge like in this case. TBH, doing such bets once is acceptable but keep repeating the same method is RIP sooner or later. After making $50k on the first bet, he should stop doing this, IMHO...

It's a norm for gamblers to try to take the safer selections even with small odds because they're confident of getting something tangible because of their high staking amount. I like you said, He might be using that strategy to increase his backroll as bets like that have a higher probability of playing out as a win than chasing selections with high odds in the range of >= 3 odds <= infinity.

In my early gambling days, I was part of a community that tried out different strategies like rollover and others. We kept using bigger stakes for the smallest of odds. The goal was to win more than we lose as we believed we would still be in profit regardless.

Who's excited for more awesome content this week??

I'm pumped. Do well to bring it on. This right here is part of the reason stake is my favorite sportsbook.

[blockman]

Also, it has been following an interesting way to make users verify KYC. Users who have done 1st level of KYC will get 10% extra on all form of bonuses. 2nd and 3rd level verified users will get 13% and 15% extra. This is a way better to make users verify.

That's just another form of incentive. If you like those bonuses then go for it but if you think that's little for your compliance then you do yourself a favor not to send your kyc.

Who's excited for more awesome content this week??

We are. What's in it for stake this week?

[Maasdamer]

Who's excited for more awesome content this week??

I bet its new casino games or some ufc related stuff, nothing to get exited about in my opinion, especially casino games.

[TristanGG]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

Wow, imagine if he won! That would've been crazy impressive.

[peter0425]

I saw some people making crazy bets on France to win against Hungary in EURO 2020, and here are few examples posted in public...
Betting is all fine when you win and when you can control yourself, but it's not great when France plays only 1:1 and you lose a lot of money
We always see winning tickets and here are some losing tickets for over $474,450 and for 5,000 euro:

Hooooly cow! Someone lost 474k on a bet???!! That is a lot of money man, that is literally enough money for me to retire and never have to work ever again, that is the amount that you can retire and never have to worry about money ever again unless you go buy some super yacht or something, this is just surreal how rich some people are. I am sure that is not all of his money, if it was that was one of the most stupidest things I have seen in my life, I hope that dude had like tens of millions of dollars in order to play such a big bet, if he had less than he risked way too much.

However if you were to wager on any game then this would have been one, we are talking about France versus Hungary here and the result was a shock to the whole world, I was really hoping for a France win and wagered as well but I wagered 20 bucks on it not 474 freaking thousand dollars.

Those gambler are surely a fanatic at the same time Billionaires that cares nothing for the money but to support their team and also to make a bet.

Who's excited for more awesome content this week??

I bet its new casino games or some ufc related stuff, nothing to get exited about in my opinion, especially casino games.

What? why are you here?

[ultrloa]

I agree. For the sake of verification if they happen to find someone who's suspicious and probably taking advantage of the promo then KYC is a must. But if there's no such thing as suspected, there's no need for them to ask for it. They don't ask that usually and that's why there are a lot of satisfied gamblers staying on stake because they're not enforcing kyc for each of their gamblers. Me too, I was never asked to do KYC.

This should really take as necessary by gamblers if they are playing on reputable casino and we need to accept that verification really happen. Also stake will not ruin their reputation for just stealing the identity and players should not be afraid about it since they are well establish casino compare to other gambling site here. Although I understand why people get afraid on identity stealing but those one happen mostly on unreputable site.

Some casinos are even forcing their KYC but it's a different thing at stake. There's no forcing unless you really have to comply and you've seen to have some suspicious activity with your account. But what's good with stake is that if you don't do anything bad, you're not going to have any problems or being asked for the KYC which many don't like.

Yeah  and its a good gesture for those casino which  doesn't require us to provide that important details to us but we should be prepared eventhough they didn't require this since for sure time will come that stake will ask this especially if they will come with sort of verification on our bets or as you said some suspicious activities that possibly might happen to our account.

[BitcoinHunt3r]

I agree. For the sake of verification if they happen to find someone who's suspicious and probably taking advantage of the promo then KYC is a must. But if there's no such thing as suspected, there's no need for them to ask for it. They don't ask that usually and that's why there are a lot of satisfied gamblers staying on stake because they're not enforcing kyc for each of their gamblers. Me too, I was never asked to do KYC.

This should really take as necessary by gamblers if they are playing on reputable casino and we need to accept that verification really happen. Also stake will not ruin their reputation for just stealing the identity and players should not be afraid about it since they are well establish casino compare to other gambling site here. Although I understand why people get afraid on identity stealing but those one happen mostly on unreputable site.

Some casinos are even forcing their KYC but it's a different thing at stake. There's no forcing unless you really have to comply and you've seen to have some suspicious activity with your account. But what's good with stake is that if you don't do anything bad, you're not going to have any problems or being asked for the KYC which many don't like.

Yeah  and its a good gesture for those casino which  doesn't require us to provide that important details to us but we should be prepared eventhough they didn't require this since for sure time will come that stake will ask this especially if they will come with sort of verification on our bets or as you said some suspicious activities that possibly might happen to our account.

Yes in time every user will be asked for KYC lol  stake has become a sponsor at the UFC of course it will be in the public spotlight
The tax authorities will act they won't shut up or money laundering supervisors will investigate so there is no other way for all users to KYC

[7788bitcoin]

Yes in time every user will be asked for KYC lol   stake has become a sponsor at the UFC of course it will be in the public spotlight
The tax authorities will act they won't shut up or money laundering supervisors will investigate so there is no other way for all users to KYC

Stake is sponsoring UFC fighters but as far as i know they are not registered in the US and why do you think they will be enforcing the KYC simply because they are sponsoring a MMA promotion and its fighters. The only time they enforce is when they think that an account is manipulating the bonus system, other than that it is optional and i do not think they will enforce KYC.  

[TheGreatPython]

I have to say if you are gambling for 474k that means you turned gambling into a life style and not just a hobby. I personally do not gamble that frequently, sometimes I go weeks without gambling ever, and sometimes I just gamble for few days straight, it is not always the same.

However the biggest bet I have ever done in my entire life was 400 dollars and that was because I won more from some other bets and garnered a lot of money (around 1400 dollars) all the way from my 50 dollar deposit, I felt lucky and just wanted to withdraw my winnings and did a last bet just for fun, won that one too and withdrew 1500 dollars total (and kept about 80 bucks in to continue gambling), that means this guy wagered about a thousand times more money than my biggest bet ever and we do not even know if this is his biggest bet ever neither maybe he has bigger bets in history who knows.

[Viscore]

Those gambler are surely a fanatic at the same time Billionaires that cares nothing for the money but to support their team and also to make a bet.

There are really people who gamble a huge amount of money, but the most important thing here is that Stake has a lot of big-time bettors that trust the betting platform with their huge money. I'm not seeing this kind of big bets on other sportsbooks, so congratulations to the stake team for continually growing and gaining more gamblers as you continue to operate.

[Symphonized]

ICYMI

https://twitter.com/Stake/status/1407158117758951427