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

[TwitchySeal]

How about some smart ass developers out there create the device instead? i personally feel that if the game providers develop the device required for checking RTP, what is the guarantee that they wont be accused of developing the device in a way it will favor them and their business?

They can't

Why? it's a business scheme and most of provider will always closed their source code. If anyone, know their source-code there could be have some leaked hacked to their game. That's why, I the suggested only can be made by the provider.

Imposible for individual person, because they will never share the source-code.

Every provably fair game already does this.

edit: Well not every.  But most, including all stake originals.

[barbaron]

@Mahdirakib, @Dewi Aries, @entebah,
Thank You very much for the honest answer of my question! Obviously, You are correct. As I have suspect, the biggest rollers at Stake are Casino's players.
I am not sure which profit they have, maybe there is some secret or let's say it strategy to wager without much loss or bonus to compensate the loss from the wagering.
Obviously as a sports bettor I have no chance against such a "sharks".
@Dewi Aries,
wow, $89600 in three bets under one minute, as I can see from the screenshot. That's a wagering, indeed. Sadly, I have not won a lottery to bet with such size of bets for now.
Anyway, in case my betting limits will be cut seriously, I presume the only possible way to continue wagering will be Casino. Is there some way how to bet there in order to continue grow up in VIP levels without a significant loss?

Thank You, mates!

Regards,
barbaron

[Dewi Aries]

Anyway, in case my betting limits will be cut seriously, I presume the only possible way to continue wagering will be Casino. Is there some way how to bet there in order to continue grow up in VIP levels without a significant loss?

Thank You, mates!

Regards,
barbaron

Yes we have some strategy but it only works for low VIP Broze - Platinum 1 if you are aiming for Platinum 2 or up this is definitely not worth it
The best way in my opinion is to play in house game like Dice , Plinko , Mines or Keno use 98% win rate/win change
your weekly wagered target is $7k-8k you can cover losses every week through the weekly bonus and live streaming code here t.me/satcodesstake
There is no guarantee the result will be perfect but this is suitable for those of you who have a low bankroll just ignore it if you are a high roller 

[barbaron]

@Dewi Aries,

Thank You for the hint in relation with Games 98% win rate/win change! I will definitely try them, after/in case being aggressively limited in Sports betting!
Best of luck to all mates here!

Regards,
barbaron

[Emitdama]

You know many people like a jubilation and many people like happiness so whenever something good happens so many people will like to congratulate and also be part of it so it is good for someone to win her salt I will stand to congratulate you so that the winning race or winning circulation will reach to me so I am saying congratulation bro and the method that you use please don't hesitate to show each other so that we can win also

It's like he ate a word salad, got half way through digesting it, and then puked it up. Gross.

I would say there is a bit of "logic" in there somewhere lol. Like, oh yeah we all love to celebrate a win, and there is a following up of I wish I was the winner type of thing after that, and basically a rounding up part of well I hope at least it will be me one day but congratulate you for now with the win.

It's logical but also makes no sense with the word choices in there, could have been much simpler "kudos, hope it's me one day, gratz" and be done, it would be exactly what he said and not what it came out like this, would have been easier. In any case, it's an account with neg tag, doubt that it's for money or anything, so I believe the honesty at least.

[ryzaadit]

-snip-

I know, but what we discuss is "Slot" by Provider and the hottest topic "RTP" discussion on these and not original game by the casino.

Those people are making millions of dollar wager everyday by playing the casino games.
AFAIK, betting limit is applied by the odds provider. Maybe you are winning most of your bets. Most of the sportsbook limits a user account if the user makes good profit or win most of his bets.

Correct, don't forget the old-account, wagering, is also counted.

If new members wants to sport-betting they always get a small limit and to increase the limit at least make a wagering for the casino it self.

-snip

For wagering and ranking up your account, play casino not sport-bet because Sportsbet is not suitable for waggering.

[o48o]

I just made an LTC deposit there and wanted to play casinos, is there no feature to exchange to other cryptos, I think it will be cool if there are features like that to make it easier for people to exchange and play with any crypto at stake.com

There was an exchange feature if I remember it correctly but it has been removed long time ago. For now the only way to exhange your balance is by using dinabot. Anyway, why do you want to exchange your deposited coin? If you have made a deposit with a specific coin, means that you want to play with it. I do not see any good reason why people want to exchange their balance if the main purpose is to play only.

I think he wants to find an alternative for a cheaper withdrawal fee so he wants to exchange with a certain altcoin there, I've also heard of dinabot but not sure it will help and be safe, I think Stake.com doesn't provide an exchange in it because it seems it's not important to add

I am pretty sure that would require an exchange licence on top of gambling licence. And to my knowledge those could have way tougher regulatory needs and that's why casinos tend to rly on 3rd party servicees when it comes to exchanging. It's just way less hassle this way.

[ryzaadit]

-snip-

No need for what purpose?

It's not trading activity buy & sell (trading), it's only conversation asset from one to another based the asset you have. They will required have mostly 5% fee from the exchange, these feature is not new at all.

Because some of other casino have these.

[o48o]

-snip-

No need for what purpose?
It's not trading activity buy & sell (trading), it's only conversation asset from one to another based the asset you have. They will required have mostly 5% fee from the exchange, these feature is not new at all.
Because some of other casino have these.

I did some more searching and i stand corrected. Most of the ones i had seen were just ones where you can buy cryptos with your credit card, which isn't really an exchange. It's a one way purchace.
Others were just using third party services for converting them. I haven't dug deeper what tech those exchanges that i just found with converting possibility were using for it, but i believe it could be internal conversion.

But saying that it's not trading activity is a weird claim. Swapping/converting is just another form of trading. It needs liquidity as exchanges do (buyers and sellers), even if that liquidity is not visible.

[Fivestar4everMVP]

-snip-

No need for what purpose?
It's not trading activity buy & sell (trading), it's only conversation asset from one to another based the asset you have. They will required have mostly 5% fee from the exchange, these feature is not new at all.
Because some of other casino have these.

I did some more searching and i stand corrected. Most of the ones i had seen were just ones where you can buy cryptos with your credit card, which isn't really an exchange. It's a one way purchace.
Others were just using third party services for converting them. I haven't dug deeper what tech those exchanges that i just found with converting possibility were using for it, but i believe it could be internal conversion.

But saying that it's not trading activity is a weird claim. Swapping/converting is just another form of trading. It needs liquidity as exchanges do (buyers and sellers), even if that liquidity is not visible.

I agree with you, any form of swapping or exchanging, no matter how small is considered trading, since it could mean that the user is expecting the other coin to rise up in price, that is why he or she is swapping and exchanging another coin for that one..

But going back to the first comment, I still believe that casino have the ability to integrate a small swapping system in there casino which to me, will not require a license to operate, there are currently several full fledged cryptocurrency exchanges that have been in the business as an exchange platform for years without license, if authorities are to go after unlicensed exchange, this type of exchanges are the ones they should go after, and not a casino that provided a small platform where their customers could quickly convert from one coin to another for gambling purposes, for the sake of convenience..
This is just my thought though.

[Symphonized]

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[babygun]

I did some more searching and i stand corrected. Most of the ones i had seen were just ones where you can buy cryptos with your credit card, which isn't really an exchange. It's a one way purchace.
Others were just using third party services for converting them. I haven't dug deeper what tech those exchanges that i just found with converting possibility were using for it, but i believe it could be internal conversion.

But saying that it's not trading activity is a weird claim. Swapping/converting is just another form of trading. It needs liquidity as exchanges do (buyers and sellers), even if that liquidity is not visible.

There is one casino that I know of that has a full exchange function with a very low fee (around 1.5%) and the swap is instant. I don't use it very often, but it can come in handy for a lot of players.

[Hispo]

-snip-

Plinko the game that dominates my game on stakes and I chose the opposite from you by going HIGH with Rows 16, aiming to be able to get 1000x and got this a few times ago but this won't always get even for 1000 bets didn't give 1000x just under than that, and I will continue to choose this in futures.

So you set the rows and risk and let it go on auto bet, I assume.
Since, I usually only wager 1$ per time I don't go for high risk, since I believe statistically I could not manage to get up to 1000 tries before running out of money.
I could also try to go for a low risk configuration and elevate the wager some time to see how it goes.

[Bitinity]

I just made an LTC deposit there and wanted to play casinos, is there no feature to exchange to other cryptos, I think it will be cool if there are features like that to make it easier for people to exchange and play with any crypto at stake.com

There was an exchange feature if I remember it correctly but it has been removed long time ago. For now the only way to exhange your balance is by using dinabot. Anyway, why do you want to exchange your deposited coin? If you have made a deposit with a specific coin, means that you want to play with it. I do not see any good reason why people want to exchange their balance if the main purpose is to play only.

I think he wants to find an alternative for a cheaper withdrawal fee so he wants to exchange with a certain altcoin there, I've also heard of dinabot but not sure it will help and be safe, I think Stake.com doesn't provide an exchange in it because it seems it's not important to add

I dont think so, he did not mention anything related to cheap withdrawal fee. Even if he want cheap withdrawal fee, LTC has cheap withdrawal already so there is no need to exchange it to other coins. On site exchange feature was popular some time ago and it was requested by many users but I think there was an abuse, that's why Stake removed it. What I mean by abuse here is something like, people collecting free coins from rains or other free coins then exchange it into same coins then withdraw it.

[piebeyb]

I dont think so, he did not mention anything related to cheap withdrawal fee. Even if he want cheap withdrawal fee, LTC has cheap withdrawal already so there is no need to exchange it to other coins. On site exchange feature was popular some time ago and it was requested by many users but I think there was an abuse, that's why Stake removed it. What I mean by abuse here is something like, people collecting free coins from rains or other free coins then exchange it into same coins then withdraw it.

yes that's true of course as far as I know LTC has low withdrawal fees compared to other cryptos, maybe he wants to exchange winnings and wants to hold certain cryptos to hold in his Stake account, but this is just an assumption as we can see in reality Stake.com doesn't have exchanges in it at the moment, so he should understand that

[Strongkored]

So you set the rows and risk and let it go on auto bet, I assume.
Since, I usually only wager 1$ per time I don't go for high risk, since I believe statistically I could not manage to get up to 1000 tries before running out of money.
I could also try to go for a low risk configuration and elevate the wager some time to see how it goes.

Yes, I use an auto bet, but I don't bet as big as your bet in each round, it's just below, sometimes even at the beginning it's only $0.01 and increases it periodically every time it reaches several hundred rounds.
Playing plinko at stake is very light unlike in one of the casinos where I tried to play it and the game didn't run smoothly.

[Mahdirakib]

I am pretty sure that would require an exchange licence on top of gambling licence. And to my knowledge those could have way tougher regulatory needs and that's why casinos tend to rly on 3rd party servicees when it comes to exchanging. It's just way less hassle this way.

Casino doesn't need an extra license to build internal crypto exchange system. The price of the cryptocurrency isn't stable, which is the primary reason of not adding internal exchanger by a casino. You will see the 'buy crypto' option in the deposit page of every casino. You can directly buy crypto to make deposit at Stake via MoonPay or Remik. It doesn't work as an exchanger though. It will be a complicated situation for Stake if they create an internal exchanger. They have a lot of active users.

[ryzaadit]

-snip-

-snip-

Doing a convert in exchange and casino it's a bit different things.

In-exchange you are doing for transaction & trading; meanwhile, the purpose convert internal system in casino is for their business scheme (Not for trading activity). That's why it's not required any license. Most of casino who are advising buying-crypto with credits card because they want to expand from all-user not only crypto but also regular user so it's normal.

Both of you said, exchanging in "Casino" is like trading meanwhile it's not because what? it's required most the time 5% fee. Do you want 5% fee trading in casino ? heck no. Imagine you think convert in casino like trading and convert 1000$ then you will get 950$ ~LOL.
I also already said, "CASINO" is not an exchange. If you want to swap coins, then go to exchange. We don't need to these convert features, because the fee already small it's only around 0,02$-2.5$ depending on the coins (Major coin like ETH/BTC is always up to 1$ but they have big liquidity) and you do not get to much lost from % market movement. Other reason: It's to avoid abuser (who are collecting free stuff and swap into one coin) withdraw without gambling anything.

If you want to see how the convert system in-casino. Go to CHIPS-casino

[BitcoinHunt3r]

I am pretty sure that would require an exchange licence on top of gambling licence. And to my knowledge those could have way tougher regulatory needs and that's why casinos tend to rly on 3rd party servicees when it comes to exchanging. It's just way less hassle this way.

Casino doesn't need an extra license to build internal crypto exchange system. The price of the cryptocurrency isn't stable, which is the primary reason of not adding internal exchanger by a casino. You will see the 'buy crypto' option in the deposit page of every casino. You can directly buy crypto to make deposit at Stake via MoonPay or Remik. It doesn't work as an exchanger though. It will be a complicated situation for Stake if they create an internal exchanger. They have a lot of active users.

Last week one of the telegram channel (non official) announced that stake users could use Dinabot Exchange to exchange coins
Dinabot is the third party most widely used by stake users this means that this is an indication stake will not build internal exchange
indeed Dinabot only effectively used in small amounts because the fee is quite high 3-5% for each transaction unless using a coupon may be lower.

[seleme]

I am pretty sure that would require an exchange licence on top of gambling licence. And to my knowledge those could have way tougher regulatory needs and that's why casinos tend to rly on 3rd party servicees when it comes to exchanging. It's just way less hassle this way.

Casino doesn't need an extra license to build internal crypto exchange system. The price of the cryptocurrency isn't stable, which is the primary reason of not adding internal exchanger by a casino. You will see the 'buy crypto' option in the deposit page of every casino. You can directly buy crypto to make deposit at Stake via MoonPay or Remik. It doesn't work as an exchanger though. It will be a complicated situation for Stake if they create an internal exchanger. They have a lot of active users.

Last week one of the telegram channel (non official) announced that stake users could use Dinabot Exchange to exchange coins
Dinabot is the third party most widely used by stake users this means that this is an indication stake will not build internal exchange
indeed Dinabot only effectively used in small amounts because the fee is quite high 3-5% for each transaction unless using a coupon may be lower.

Actually Dinabot is only account I can show owner plays smarter than rest of players, almost plat 6 just with exchanging crypto between users. 5% is quite a lot for internal transactions on casino but this is only available option unless user decides to withdraw one coin and converts another one for deposit.