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Author Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team  (Read 261209 times)
BitcoinHunt3r
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June 20, 2024, 11:43:01 PM
 #19861

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.

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June 21, 2024, 06:02:24 AM
 #19862

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.

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June 21, 2024, 11:12:01 AM
 #19863

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.

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June 21, 2024, 08:46:30 PM
 #19864

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.
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June 21, 2024, 09:26:34 PM
 #19865

Another Weekend just around the corner!

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June 22, 2024, 08:53:07 PM
 #19866

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.
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June 22, 2024, 11:24:07 PM
 #19867

ALL matches from the Super 8 stage onwards are eligible for our Early Six, You Win promo! 🥳



If your team, backed in the Winner (Incl. Super Over) market, hits a six in the first over but loses the match, get paid out as a winner up to ₹2,000! 🤑

🏏: https://stake.com/promotions/promotion/t20-world-cup-early-six-you-win

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June 24, 2024, 01:07:49 PM
 #19868

A big match up at the #T20WorldCup awaits us as Australia 🇦🇺 take on India 🇮🇳 in a crucial match for the Aussies following their loss against Afghanistan 😬

And the Plinko Predictor predicts... 🥁

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

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June 24, 2024, 04:44:14 PM
 #19869


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.

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June 24, 2024, 04:53:21 PM
 #19870

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.

R


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June 25, 2024, 06:10:45 AM
 #19871

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.

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June 25, 2024, 03:01:36 PM
 #19872

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.

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June 25, 2024, 08:00:20 PM
 #19873

Is anyone still playing free-roll tournament poker?



I'm still playing this one and even still cannot reach the top 10. In a day just joined at least 1 tournament from 4 free roll tournaments, the result was not quite bad at all because they consistently eliminated around 100-500 positions. Still learn more about poker, mostly my end place more than a thousand is because (of good pairs) but the other player who called my all-in or bet got lucky.

It's not bad for a player who just playing after Stake releases these on their site ~LOL.

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June 26, 2024, 10:31:57 AM
 #19874

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.

Something like this happened to me too several times when I was in the final table. There are moments when the less you play the better. Other players eliminated quickly and you go up. I can relate to what you are talking about totally.

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.

Recently I played in one of those, with $7.50 buy-in, and I managed to climb up to the 3rd place once



But later was kicked off. But I eliminated one player and got $2 for that. So, not that bad. Tried playing other games too, but without much success.

What I like about these poker games on Stake is that it looks like they've managed to engage many really good poker players in their tournaments. It's a pleasure to play with them at the same table. I will surely be playing more poker on Stake.

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June 26, 2024, 11:16:09 AM
 #19875

Is anyone still playing free-roll tournament poker?

I'm still playing when I have the free time.

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June 26, 2024, 11:47:10 AM
 #19876

Is anyone still playing free-roll tournament poker?

My last participation was on last Sunday and it was my 5th participation so far or my 3rd participation in last 30 days.
I do not play much as well on Stake since last month, proven by my weekly bonus and monthly bonus which is getting smaller and smaller LOL.
In general, I do not gamble at other places as well because I have a lot of works to do in real life as well as I have many things to prioritize so I prefer to spend my gambling funds for more important things.
Once I have more free time and free money, I'll be back and try to join the buy-in poker tournament as I think it will be more challenging than the freeroll.

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June 26, 2024, 12:28:08 PM
 #19877

Is anyone still playing free-roll tournament poker?
I found it worthless to participate in Stake freeroll tournaments on a regular basis. I have joined in 10-12 round until now and won the prize from one round only. Each round takes around 2 hours to finish. You need to survive for at least one hour to be in the reward distribution rank list. Then you will receive a small amount from the prize pool if you can't be in the top 20 ranks.

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It's not bad for a player who just playing after Stake releases these on their site ~LOL.
Yep, a lot of people join in Stake poker tournaments without having knowledge about the game. I have seen many users to do all-in without having good cards a lot of times.

R


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June 26, 2024, 12:40:23 PM
 #19878

-snip-
I have a plant to join in a tournament, still using the free tournaments to learn my skills.

To be honest, I don't have any experience with Poker. That's why, want to practice more and more using the free tournament but just not quite really join tournaments really often. I think only 1 Free Roll Tournament/Day from a total of 4 Free Roll Tournaments.

Agree, most under 5 mins all the players are usually all in for hoping to get a good bankroll. I also do these, but just with strong cards only (Pairs).

-snip-
Same ~xd in first weeks I know Poker Stake is being release joined around 3x tournament/days and now just 1x tournament/days and choosing the time 14:00 in my local time zone.

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June 26, 2024, 07:58:57 PM
 #19879

HT | Time for a break in Hamburg 😅

Turkiye have dominated the first half following the red card altercation, but somehow cannot find a goal 🤯

Leave your full time predictions below 👇

🇨🇿 0⃣ - 0⃣ 🇹🇷

#EURO2024 | #CZETUR

https://x.com/Stake/status/1806052755766981024

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June 26, 2024, 09:32:08 PM
 #19880

Today's result ended with place 19th (6.5$ Prize).



Getting better every day and week and learning a few things about poker about controlling emotion, trying to fold and overview the situation based on the all-card outcome, trying to make a little bit of raise bet (not just all in), and others. I still really have a hard situation while the player is only 50 under left, perhaps any advice from other poker players? because my bet is always because the (BB) is too high.

Like in these results, I ended with 19th is because losing one single bet due got (BB) turn with around 150-200K Chips from a Total of 750k. Ended me with 60K Chips Left, I was lucky enough to win and get around 200K+ chips. Too bad the second all-in is not lucky enough.

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