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

[ralle14]

It's normal for casinos to have raffles and just logically will get back their money from their prizes. Would be better if stake add more prizes so their participants will also have boosted confidence even the chance of winning is slim.

Aside from the lambo it's already mentioned in the raffle that there will be 50 cash prizes worth $1,000. I also prefer more prizes but I doubt they would be more since the main focus of the raffle here is the lambo.

I totally agree that 1000 dollar should have been lowered, that way it would make sense to have a low amount of chance to win because you didn't wagered that much to begin with, obviously it is going to take a while because they are giving away a lambo and it would not make any sense to spend this much money on marketing and just make it a week, they had to prolong the thing as much as they can and eventually that should lead to them getting more and more gambling from all that attention, when there is more gambling they would earn over 200k profit so lambo would be free for them.

Lowering the wagered amount for the ticket does sound good for the small players but that would only mean more tickets to the high rollers. With a $1k wager per ticket you can probably lose around $10 on average.

[1715102191]

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[1715102191]

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[Betwrong]

I think even 1000$ wagered/ticket is not enough. This promo runs 4 months, what good is it to draw from appox. 5 million tickets. I have around 150 tickets by now and already know I have 0 chance to win anything. This promo is running way too long in my eyes.

C'mon, mate, your chances are good! Your winning anything is 150 times more probable than that of someone with just one ticket, and even that person's chances are not zero.   Think of it, and don't be so pessimistic. Good Luck!

~
Lowering the wagered amount for the ticket does sound good for the small players but that would only mean more tickets to the high rollers. With a $1k wager per ticket you can probably lose around $10 on average.

From my experience it is indeed possible to lose around $10 for a $1k wager, but you can do it only with dice, or similar, regarding the house edge, games. Don't get me wrong, I enjoy playing slots, but I wouldn't recommend to use them for boosting your wager.

[panjul07]

It's normal for casinos to have raffles and just logically will get back their money from their prizes. Would be better if stake add more prizes so their participants will also have boosted confidence even the chance of winning is slim.

Aside from the lambo it's already mentioned in the raffle that there will be 50 cash prizes worth $1,000. I also prefer more prizes but I doubt they would be more since the main focus of the raffle here is the lambo.

Oh wait, I just noticed about the reward breakdown of the raffle as quoted below:

Reward Breakdown
1st: 2020 Lamborghini Huracan Evo (valued at $212,266)
2nd - 50th: $1000 each

So there will be 49 winners for the cash prize or 50 winners? Since it is being said 2nd-50th for the $1000, it should be 49 winners only instead of 50.
Does it mean that the Lambo winner also get the $1000 to make it full 50 winners for the cash prize? Am I missing something here?

[7788bitcoin]

~

Reward Breakdown
1st: 2020 Lamborghini Huracan Evo (valued at $212,266)
2nd - 50th: $1000 each

So there will be 49 winners for the cash prize or 50 winners? Since it is being said 2nd-50th for the $1000, it should be 49 winners only instead of 50.
Does it mean that the Lambo winner also get the $1000 to make it full 50 winners for the cash prize? Am I missing something here?

It is pretty clear, 49 users will be getting $1000 each and the grand winner will get Lamborghini Huracan Evo and i think that the winner has the option to choose $212,266 in bitcoin. The grand winner will get a share of the $50,000.

I got a few entries and hopefully i would get something on 12th December raffle  .
I never saw a raffle selection, suppose i have 5 entries how that translates while picking the winners. Every entry has a number attached  .

[babygun]

~

Reward Breakdown
1st: 2020 Lamborghini Huracan Evo (valued at $212,266)
2nd - 50th: $1000 each

So there will be 49 winners for the cash prize or 50 winners? Since it is being said 2nd-50th for the $1000, it should be 49 winners only instead of 50.
Does it mean that the Lambo winner also get the $1000 to make it full 50 winners for the cash prize? Am I missing something here?

It is pretty clear, 49 users will be getting $1000 each and the grand winner will get Lamborghini Huracan Evo and i think that the winner has the option to choose $212,266 in bitcoin. The grand winner will get a share of the $50,000.

I got a few entries and hopefully i would get something on 12th December raffle  .
I never saw a raffle selection, suppose i have 5 entries how that translates while picking the winners. Every entry has a number attached  .

Why would the grand winner also get a share of the 50 000$? He/she will win a lambo and 49 other people will get 1000$. Every entry will have an unique number and you will only be able to win 1 prize.

[SquallLeonhart]

The idea of a promotion changes from person to person, this is not a promotion but a lottery and lottery is something companies make money from. Promotion is something that the casino doesn't profit usually, they do something like a giveaway or a deposit bonus or whatever so they do end up losing money but because they are running a promotion they consider it a marketing expense and they do not care about the money they lost, they only care how many people they got from that promotion, if they have influx of new users that means that promotion was good.

Lambo lottery however is not like that, sure they may get new people because of it, or old users who gamble more just for it, but they are profiting from it, if they make 500k and spend 200k that is not promotion, that's just business.

[rdbase]

Some changes to the stake platform if you haven't noticed:
You can receive twice as many tickets for the raffle with whatever you wager now.
So per $1000usd wagered gives you two tickets instead of just one in the giveaway for the lambo and as ralle14 had mentioned there are multiple places for cash prizes.
The withdrawal amount has risen for ethereum to 0.1eth which is quite a bit for the price being over $386 for a while now.
Also withdrawal fees for both ethereum and bitcoin has risen to 0.00956eth and 0.0002btc respectively.

[Symphonized]

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[babygun]

Some changes to the stake platform if you haven't noticed:
You can receive twice as many tickets for the raffle with whatever you wager now.
So per $1000usd wagered gives you two tickets instead of just one in the giveaway for the lambo and as ralle14 had mentioned there are multiple places for cash prizes.
The withdrawal amount has risen for ethereum to 0.1eth which is quite a bit for the price being over $386 for a while now.
Also withdrawal fees for both ethereum and bitcoin has risen to 0.00956eth and 0.0002btc respectively.

I hope they will reduce minimum withdrawal amount for ETH again when the GAS fees drop a lot, as 0.1 ETH is high.
The promotion where you get 2 tickets instead of 1 when wagering 1000$ is only temporary and ends 28 September.

[NotATether]

Some changes to the stake platform if you haven't noticed:
You can receive twice as many tickets for the raffle with whatever you wager now.
So per $1000usd wagered gives you two tickets instead of just one in the giveaway for the lambo and as ralle14 had mentioned there are multiple places for cash prizes.
The withdrawal amount has risen for ethereum to 0.1eth which is quite a bit for the price being over $386 for a while now.
Also withdrawal fees for both ethereum and bitcoin has risen to 0.00956eth and 0.0002btc respectively.

Correct me if I'm wrong, but doesn't the double ticket promotion end tomorrow, on the 26th? A few pages back from this thread, I saw someone writing that.

Still, 2 tickets per $1000 wagered gives you a really good chance of gaining from the prize pool if you wager several thousands of bucks. I have seen people wagering a total of >50k so this scenario is not impossible.

[Haunebu]

I hope they will reduce minimum withdrawal amount for ETH again when the GAS fees drop a lot, as 0.1 ETH is high.

Gas fees probably won't drop anytime soon. I do admit that they are high, but I don't think that the minimum withdrawal of 0.1 ETH is high at all. It's around 20-30 bucks which is reasonable to be honest.

If you wager small amounts, just stack your balance until it crosses that minimum withdrawal threshold and then proceed to withdraw. This is what everyone usually do.

[ralle14]

Oh wait, I just noticed about the reward breakdown of the raffle as quoted below:

Reward Breakdown
1st: 2020 Lamborghini Huracan Evo (valued at $212,266)
2nd - 50th: $1000 each

So there will be 49 winners for the cash prize or 50 winners? Since it is being said 2nd-50th for the $1000, it should be 49 winners only instead of 50.
Does it mean that the Lambo winner also get the $1000 to make it full 50 winners for the cash prize? Am I missing something here?

I think it's just an error on the raffle tab since the t&c link at the bottom leads to the promotion page which says 50x$1000. Either way still a lot of prizes.

Some changes to the stake platform if you haven't noticed:
You can receive twice as many tickets for the raffle with whatever you wager now.
So per $1000usd wagered gives you two tickets instead of just one in the giveaway for the lambo and as ralle14 had mentioned there are multiple places for cash prizes.
The withdrawal amount has risen for ethereum to 0.1eth which is quite a bit for the price being over $386 for a while now.
Also withdrawal fees for both ethereum and bitcoin has risen to 0.00956eth and 0.0002btc respectively.

In addition to these changes the minimum withdrawal for btc is also reduced back to .002 (from .003). 

[xxjumperxx]

Click your profile then choose vip, you will find some tabs.
They are progress, rakeback, reload, boost, raffle and promotions. You know which tab that you need to click to check your tickets.
Or perhaps you can use this direct link https://stake.com/?modal=raffle

Thanks, I was indeed blind!
I have a couple raffle Tickets I didnt even know about, probably the Chance to win anything is 0.000000001%

[NotATether]

If stake is not a big casino then who is in the cryptocurrency space. With primedice and stake they one of the casino which attracts huge whales and on a daily basis you will find big whales wagging around $30 to $80 million give or take. Sponsoring a sports team is cool but what attracts more whales and gamblers is when you give them back in the name of rakeback reload and boost and there are daily races and with every progress they will give back a percentage.

Your numbers don't sound right. If whales were wagering that much daily, then since a good amount of those bets will be lost, Stake will end up with millions of dollars of earnings, each day. If you tone your figures down a notch to $30 and $80 thousand then that's more normal wagering volumes.


And before I forget, one nice thing about Stake games is that even if you have no balance, you can still play their games and bet, to see whether you'd win or not. You just won't get any payouts or risking money. 

[Bitcoinsummoner]

I think even 1000$ wagered/ticket is not enough. This promo runs 4 months, what good is it to draw from appox. 5 million tickets. I have around 150 tickets by now and already know I have 0 chance to win anything. This promo is running way too long in my eyes.

It is good as it is long term promotion, because as it is long term promotion they are able to attract their user, and 1000$ is not very low money. So, I think this promotion is enough good and it should run for more long time.

[Symphonized]

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[Bitinity]

Some changes to the stake platform if you haven't noticed:
You can receive twice as many tickets for the raffle with whatever you wager now.
So per $1000usd wagered gives you two tickets instead of just one in the giveaway for the lambo and as ralle14 had mentioned there are multiple places for cash prizes.
The withdrawal amount has risen for ethereum to 0.1eth which is quite a bit for the price being over $386 for a while now.
Also withdrawal fees for both ethereum and bitcoin has risen to 0.00956eth and 0.0002btc respectively.

Correct me if I'm wrong, but doesn't the double ticket promotion end tomorrow, on the 26th? A few pages back from this thread, I saw someone writing that.

Still, 2 tickets per $1000 wagered gives you a really good chance of gaining from the prize pool if you wager several thousands of bucks. I have seen people wagering a total of >50k so this scenario is not impossible.

If we are referring to the email related to this promo, there is a typo imho on that email as we all can see on below image:

Stake type two different dates (26 & 28) but they type the same day (Monday). I think the typo is on the first date, it should be 28 not 26. So the promo should be ended next Monday means that there are still many hours remaining for those want to collect more raffle tickets. I guess there will be another similar promo like this before the final draw on December. Perhaps we may see another double ticket promo next month as it will be a good booster for players and it is also good promo for Stake to get more wagered amount from their players.

[xxjumperxx]

So if a bet gets graded incorrectly I have to wait up to 12 hours? Sorry but thats just pretty embarassing..

[Shimmiry]

~

It is good as it is long term promotion, because as it is long term promotion they are able to attract their user, and 1000$ is not very low money. So, I think this promotion is enough good and it should run for more long time.

IMO, the current timeline for the promotion is fine. There's no need for it to be extended for a longer period of time, unless requested by lots of those who are taking part into this promotion, maybe in that case Stake should consider it.

So if a bet gets graded incorrectly I have to wait up to 12 hours? Sorry but thats just pretty embarassing..

Definitely. It's better if the processes time for this is less than 12 hours. Waiting for long period of that time isn't practically good.

[Haunebu]

So if a bet gets graded incorrectly I have to wait up to 12 hours? Sorry but thats just pretty embarassing..

Seriously? Didn't know this. This is pathetic service speed. Stake sportsbook section seriously needs to improve in the customer service department and the performance department due to the regular issues related to these departments piling up.

Instead of focusing more effort into 3rd party games on their site, they should redirect their effort towards their own sportsbook instead.