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

[tygeade]

Race or wagering contest is a contest for those who have huge bankroll, gamblers like us who have limited bankroll should not force ourselves to compete for the race obviously.
This is why I do not care about any wagering contest no matter how much is the prizepool and how many winners share the prizepool.
For sure it is not worth for us, but perhaps it can be something worth for those who wager millions/billions dollar because they will get some other rewards aside the prize of the wagering contest.

If it was in another place then it would make sense, but in Stake the winners and the top levels will have millions up on millions of dollars, and not just because they want to win the wagering competition neither, they will have it because they wanted to have it and that's the point. Which is why I believe that we shouldn't really be shocked to see it outside of this period neither.

We are going to see people end up gambling with millions of dollars even without any wagering competition is the key reason why we have such huge amounts during the competition as well. Normally in any other place 300k wagering would be by far the first place, but here it's not even close.

[Symphonized]

[$1,500] Ultimate Fighting Championship Part 11| Sports Challenge



Win a multi bet with at least x5 by betting on minimum 3 matches.
You can bet on UFC, PFL, Bellator, One championship, Rizin Fighting Federation and Dana White's Contender Series when they are available on our site.

The odds per match must not be less than 1.15x.

The minimum bet amount is set at 1$ (in any currency).

Giveaway's Topic: https://stakecommunity.com/topic/61255-1500-ultimate-fighting-championship-part-11-sports-challenge/

[OgNasty]

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

[Vaskiy]

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

[Beparanf]

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

That actually is the content of his lawsuit because he is charging Stake founder a punitive damage for leaving him high and dry for Stake investment. The 3 of them founded Primedice while he is the only left behind when the 2 co-founder founded the Stake which is impossible for him to not know that.

I’m sure there’s an agreement behind that these 3 gents agreed and now Freeman wants to get money out of the Stake success. I believe his case has a chance if he can prove that the 2 cofounder mislead him to not investing on Stake to leave him alone.

[Betwrong]

Imo, people winning in wager races are those that would wager such amounts anyway, with or with a contest. I think for anyone ending up in the top 5,000 positions, the prize is just a nice bonus, that is much lower than what they won/lost along the way. That is my impression. I myself have never won a wagering contest, except on newly opened sites with very small number of participants. And in this particular race, after $38 wagered,

-snip

It is never really a smart idea to wager a lot just to receive a prize in wagering contests; in the end you will probably have lost more than the prize you would win. The amount you need to wager on Stake to finish in the top 5000 is just crazy high and I think, the amount of money people are wagering, must be the highest in the industry.

It is not necessarily so. Of course, some high rollers are in profit form their game, I think a bit less than half of them really. But you never know in which party you are going to be in the end, so if you can't afford to lose tens of thousands of USD, I wouldn't recommend trying to win a wagering contest on a large gambling platform with many of high rollers. It's another story if you are high roller anyway, as I said above.

[blue_hurricanger]

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

I wouldn't be so sure to dismiss the case of ex-partners or founders lawsuit. Usually, it will be ugly and the ex-partners or founders take a fair share of the stake that they think they are entitled to it. Yes, these cases are common as Facebook or a lot of tech start-ups and ventures that become successful. It's up to the count to decide and give a final verdict, just saying.

[Saint-loup]

I just read about the lawsuit. That’s a crazy big number. I hope all parties are able to settle the dispute somewhat amicably or at least avoid lengthy and costly litigation. Nobody likes being sued but I’m sure Stake will be able to handle it and lawsuits between ex-partners are fairly common.

Crypto Casino Stake.com Sued For $400 Million By Former Partner. Based on the article it looks like the former partner on primedice doesn't have any relation with stake. This is mentioned as the attempt to spread false information against Stake.

Which false information against Stake are you talking about precisely? I don't see informations about Stake in the article, it mostly deals with business relations between eddie, stunna and the complainant. It seems that bad things have happened between them because even his primedice account has been locked according to the article.

“Eventually, Freeman’s access to the Primedice account was blocked and never returned.”

[ryzaadit]

-snip-

The problem was on "Primedice"

But as we know "Primedice & Stake" is under on the same management, so they most likely are share the same resource money as well. Off-course, if they lost on the court is gonna to make broke.

Who know the bankroll from Stake, but could be under 100M USD.

[dimonstration]

-snip-

The problem was on "Primedice"

But as we know "Primedice & Stake" is under on the same management, so they most likely are share the same resource money as well. Off-course, if they lost on the court is gonna to make broke.

Who know the bankroll from Stake, but could be under 100M USD.

Yes the problem starts during primedice and the plaintiff is suing the Stake.com since this part of the primedice company and generate most of the company profit. I think the issue is about the terms on profit sharing before which we don’t have any exact idea what happened behind.

I know Eddie will not gonna let this lawsuit affect Stake image for a bullshit damage claim. The plaintiff is just badgering now because he knew how huge the Stake now compared when he was on the Primedice before. He is suing about the opportunity missed on being part of Stake though.

[Saint-loup]

Yes the problem starts during primedice and the plaintiff is suing the Stake.com since this part of the primedice company and generate most of the company profit. I think the issue is about the terms on profit sharing before which we don’t have any exact idea what happened behind.

I know Eddie will not gonna let this lawsuit affect Stake image for a bullshit damage claim. The plaintiff is just badgering now because he knew how huge the Stake now compared when he was on the Primedice before. He is suing about the opportunity missed on being part of Stake though.

Yes I don't understand why ryzaadit is denying that fact. He should read more carefully I think, because it's even written in the title of the article. Stake is being sued. You haven't watched The Social Network movie ryzaadit? The case looks similar according to the article.

Christopher Freeman, who is currently based in Florida, has filed a civil lawsuit in the Southern District of New York, claiming he was misled into not taking part in the creation of Stake.com and is seeking $US400 million ($580 million) in punitive damages as well as payment for his initial investment in a company that served as a precursor to Stake.com.

The case also names Stake.com as a defendant.

[serjent05]

-snip-

The problem was on "Primedice"

But as we know "Primedice & Stake" is under on the same management, so they most likely are share the same resource money as well. Off-course, if they lost on the court is gonna to make broke.

Who know the bankroll from Stake, but could be under 100M USD.

Yes the problem starts during primedice and the plaintiff is suing the Stake.com since this part of the primedice company and generate most of the company profit. I think the issue is about the terms on profit sharing before which we don’t have any exact idea what happened behind.

The issue is about Freeman being left out when Stake.com was established.  Freeman claimed that he was "discouraged" during their discussion before Stake.com was created.  I think Freeman's greed consume his thought in believing that he has the right on joining to become part owner of Stake.com.  Though the company lawyer has a counter statement regarding this issue.

[BitcoinHunt3r]

I know Eddie will not gonna let this lawsuit affect Stake image for a bullshit damage claim. The plaintiff is just badgering now because he knew how huge the Stake now compared when he was on the Primedice before. He is suing about the opportunity missed on being part of Stake though.

This is an internal problem that I think does not have an impact on players, even though the claim is true, stake.com reputation is still safe
Except the problem between stake and players, maybe it will be a little disturbing because the player is the most sensitive problem.
From this case I know who the owner  Stake.com  and how this company was launched 

[Symphonized]

The man @ROSHTEINS wasn't even live when he hit this massive win! 🤑

$14 million on Wanted! 😵

Just insane! 💪

https://twitter.com/Stake/status/1565756691957927939

[Silberman]

The issue is about Freeman being left out when Stake.com was established.  Freeman claimed that he was "discouraged" during their discussion before Stake.com was created.  I think Freeman's greed consume his thought in believing that he has the right on joining to become part owner of Stake.com.  Though the company lawyer has a counter statement regarding this issue.

Cases like this are always very difficult to prove, if the information in the article shared is correct Freeman is suing the owners of stake because they did not let him be part of it, but just because they were partners in a business already this does not mean he is entitled to become part of yet another project with them, Freeman also argues that he helped to design several features of stake, but how is that possible? He was given the chance of being part of the project but since he need to relocate he refuse to do it.

We will need to see if Freeman can produce good evidence to support his case, but so far his statements do not seem to bring too much strength to his case if you ask me.

[blue_hurricanger]

The issue is about Freeman being left out when Stake.com was established.  Freeman claimed that he was "discouraged" during their discussion before Stake.com was created.  I think Freeman's greed consume his thought in believing that he has the right on joining to become part owner of Stake.com.  Though the company lawyer has a counter statement regarding this issue.

Cases like this are always very difficult to prove, if the information in the article shared is correct Freeman is suing the owners of stake because they did not let him be part of it, but just because they were partners in a business already this does not mean he is entitled to become part of yet another project with them, Freeman also argues that he helped to design several features of stake, but how is that possible? He was given the chance of being part of the project but since he need to relocate he refuse to do it.

We will need to see if Freeman can produce good evidence to support his case, but so far his statements do not seem to bring too much strength to his case if you ask me.

Funny, right above you is an account with the stake signature line: "Primedice.com & Stake.com". Tho Primedice.com was placed first, only Stake.com is well known and grow quite big. Heck, even right now on bitcointalk, when this lawsuit surfaced, we start paying attention to Primedice.com and come to know both are under the same management.

We'll never know all the information regarding the fallout between the two and now, the lawsuits. I advise we shouldn't take a side just because Stake.com is bigger and more well-known, and dismiss the other as greedy and labeling them as fake news. I know in business, there are a lot of dirty tricks. Companies under merging, brand acquisition,... but some just under the guise of competitor removal, left to die for a couple of years.

It's up to the judge to pass and give the final verdict on it. Really.

[Eternad]

The issue is about Freeman being left out when Stake.com was established.  Freeman claimed that he was "discouraged" during their discussion before Stake.com was created.  I think Freeman's greed consume his thought in believing that he has the right on joining to become part owner of Stake.com.  Though the company lawyer has a counter statement regarding this issue.

Cases like this are always very difficult to prove, if the information in the article shared is correct Freeman is suing the owners of stake because they did not let him be part of it, but just because they were partners in a business already this does not mean he is entitled to become part of yet another project with them, Freeman also argues that he helped to design several features of stake, but how is that possible? He was given the chance of being part of the project but since he need to relocate he refuse to do it.

We will need to see if Freeman can produce good evidence to support his case, but so far his statements do not seem to bring too much strength to his case if you ask me.

The problem was he only resurfaced now when Stakes already made a reputation and generates huge revenue on crypto market. He is silent before when Stakes started and he just file this lawsuit on a successful Stake. This lawsuit is indeed mission impossible and probably he just want to make some noise to hurt Stakes about his accusation. He should do this lawsuit the moment the 2 founder of Stake start to operate the casino since day 1 but he just ignore it then do this when everything is already settled.

[Jody.Drummer]

Stake.com explosive rise includes significant success in 2020 and 2021 to be precise during the pandemic. Referring to Stake.com which is referred to as a subsidiary of Primedice which was founded by Craven and Tehrani, of course when Stake.com was founded there was no longer any Freeman intervention.

The problem with the lawsuit is that it focuses on Primedice revenue. Initially, Freeman got a 20% stake in Primedice. I think when a business is big and has grown, it's no wonder Freeman demands to take part. Unfortunately, the lawsuit does not apply to Stake.com. there is a fairly clear dividing line in how Freeman
 does not have the right to be involved in the earnings of Stake.com.

Under the pretext in the article, Freeman claims that in 2016, he discussed the concept of a cryptocurrency casino with his business partners, but Tehrani and Craven allegedly rejected it due to potential regulatory issues.

At this time the concept is not validated and not having a patent is a problem. So when these ideas are imitated, Freeman must prove the validity of the data, proof of official statements, documents, and validation. If there is no incriminating evidence, I think Stake.com is clear of accusations.

This is an internal problem that I think does not have an impact on players, even though the claim is true, Stake.com reputation is still safe
Except for the problem between stake and players, maybe it will be a little disturbing because the player is the most sensitive problem.
From this case, I know who the owner  Stake.com is and how this company was launched 

Players won't be bothered and for those who can play, make deposits/withdraws, and have no issues with their accounts, it's still going well. I agree that Sake.com reputation is still secure.

[RealMalatesta]

The problem was he only resurfaced now when Stakes already made a reputation and generates huge revenue on crypto market. He is silent before when Stakes started and he just file this lawsuit on a successful Stake. This lawsuit is indeed mission impossible and probably he just want to make some noise to hurt Stakes about his accusation. He should do this lawsuit the moment the 2 founder of Stake start to operate the casino since day 1 but he just ignore it then do this when everything is already settled.

I do not think that the fact that stake is now big would be the main reason. He probably waited until Stake would be too big to fall before he could attack, so that he wouldn't be hurt from this as well. Imagine if he attacked on early days, what would he get? He wouldn't get a few million dollars max, he would get a small tiny amount and the stake name would be tainted by him if he ever won as well which he was hoping for and still hoping for.

It means that he waited, he waited because he wanted to see stake do well, so that when he attacks, he would gain a lot of money BUT also he would not hurt it enough that his share wouldn't be low. I am 100% confident that he will lose anyway.

[serjent05]

It means that he waited, he waited because he wanted to see stake do well, so that when he attacks, he would gain a lot of money BUT also he would not hurt it enough that his share wouldn't be low. I am 100% confident that he will lose anyway.

I don't think he waited for stake.com to become big to attack.  It is because stake.com become huge and Freeman wanted a piece of the pie.

I believe there are offers for Freeman to join stake.com that Freeman can't do, which is why his argument is under the impression of being "discouraged."  And a lot more reasons for Freeman to not consider or think that Stake.com will do what it will do such as being a cryptocurrency Casino.