Drake became partners of the Stake Casino

[Maslate]

<>but as for Stake earning much revenue or profits before sponsorship then the said amount or contract price isnt really that much big for them.

Yeah, that's correct. For example, Stake is making at least $1 million a day, that $100 million is nothing to them because they can expect that their revenue will increase. They probably are trying to advertise on a worldwide scale, and if this rumor is true, we should expect something big from Stake that would result in increasing their revenue, what it is? We don't know for now, but hopefully, it will be a big surprise for the crypto gambling community.

[BIT-BENDER]

The giveaway form Drake and stake has already kicked off, I think the last time Drake and Jack hallow where together giving giving out money to people to help them pursue there dreams, also stake and Drake also gave out $500,000 to LeBron James charity program.

The Union between Drake and stake has been a great one where even many people has benefited from it, I think it would be a long and successful partnership.

[SirLancelot]

maybe drake will not be able to draw enough people to their casino to produce those profits immediately, but if it gives them and advantage over other cryptocurrency casinos then they may eventually recover that money in the future.

With what I have noticed about gambling, stake is not the first gambling site that make use of celebrity for promotion, gambling sites that had used celebrities in the past were able to get more customers registered and increase in gambling activities, the more people played the more the losers, the more the growth of the gambling site. Endorsing Stake will work for them.

That is for sure because crypto gambling is now becoming a thing on this modern era. It will not be hard for the people to choose a crypto gambling site but they will visit the site they see on drake's page. I didn't know that stake is not the first gambling site to do this but can you name a few of them if you still remember them? I visit each gambling threads on the gambling section but I have not seen they sponsored a famous celebrity.

All I can see are that footballers and ufc players but the players are not totally popular, I think that's what can they afford for now. It shows that stake as a lot budget compare to those casino's because they always use famous icons.

[Mahanton]

<>but as for Stake earning much revenue or profits before sponsorship then the said amount or contract price isnt really that much big for them.

Yeah, that's correct. For example, Stake is making at least $1 million a day, that $100 million is nothing to them because they can expect that their revenue will increase. They probably are trying to advertise on a worldwide scale, and if this rumor is true, we should expect something big from Stake that would result in increasing their revenue, what it is? We don't know for now, but hopefully, it will be a big surprise for the crypto gambling community.

Aside from Stake on making money then it would also be adding up the exposure of crypto existence which is one of the benefits or pros on having Drake into this business or market on which
it do really add up some curiousity on what is crypto is all about.If they do saw their Idol is playing on Stake and seen on whats bitcoin or crypto deposits then it will surely make out some
questions in mind which might result into having in depth research and basing off with real numbers of followers or fans then its impossible that they wont get anyone on playing into the platform.

[STT]

stake is not the first gambling site that make use of celebrity for promotion

I cant think of anyone so big being involved in a gambling promotion for crypto, its surely a big scoop to have someone that well known on your team.  Also he is just very rich, whatever percentage he chooses to gamble is all very reasonable to him and people go for large numbers.   I personally appreciate the really long shot multibet type odds that occur even if the amount put down is a small amount but the simple fact is people gambling large amounts will always appear a bigger deal

[24Kt]

stake is not the first gambling site that make use of celebrity for promotion

I cant think of anyone so big being involved in a gambling promotion for crypto, its surely a big scoop to have someone that well known on your team.  Also he is just very rich, whatever percentage he chooses to gamble is all very reasonable to him and people go for large numbers.   I personally appreciate the really long shot multibet type odds that occur even if the amount put down is a small amount but the simple fact is people gambling large amounts will always appear a bigger deal

But stake somewhat got the attention of many here owed to Drake. Yes, they are not the first but in my opinion, they got good following when drake posted those insta bets from stake. A very subtle promotion as stake has not confirmed their collaboration yet when Drake posted those bets. I believe he has followers who are noncrypto users who also are now stake players. Just guessing here. 

[goinmerry]

The giveaway form Drake and stake has already kicked off, I think the last time Drake and Jack hallow where together giving giving out money to people to help them pursue there dreams, also stake and Drake also gave out $500,000 to LeBron James charity program.

The Union between Drake and stake has been a great one where even many people has benefited from it, I think it would be a long and successful partnership.

That was nice to hear. What about those who participate that need a phone number?

Do guys from here actually join? It was mentioned on the Drake X Stake page on the Stake website if anyone wants to see the instructions.

As you said in the last statement, I'm also seeing the partnership as long and successful. That's what a partnership should be in the first place.

[KennyR]

stake is not the first gambling site that make use of celebrity for promotion

I cant think of anyone so big being involved in a gambling promotion for crypto, its surely a big scoop to have someone that well known on your team.  Also he is just very rich, whatever percentage he chooses to gamble is all very reasonable to him and people go for large numbers.   I personally appreciate the really long shot multibet type odds that occur even if the amount put down is a small amount but the simple fact is people gambling large amounts will always appear a bigger deal

But stake somewhat got the attention of many here owed to Drake. Yes, they are not the first but in my opinion, they got good following when drake posted those insta bets from stake. A very subtle promotion as stake has not confirmed their collaboration yet when Drake posted those bets. I believe he has followers who are noncrypto users who also are now stake players. Just guessing here. 

This is true. His bets were into discussion for a long and recently his charity is being into discussion. He enjoys and he does good to the needy. This gives him more value as a brand ambassador than a celebrity who is popular. He's into crypto for a long and he has placed big wagers in the past and this time it was very big and caught the eyes of everyone. Surely this could've of landed more number of non crypto gamblers into Stake.

[jossiel]

I have no confirmation of this, but it is rumored that Stake paid $100 000 000 for Drake's sponsorship. This might sound like a lot of money, but they have a $50 000 Giveaway every Saturday, where they have almost 2 million tickets in the draw. A person qualify for 1 ticket, once you have wagered $1000 at Stake. (Do your calculations if a person loose about $50 per $1000 wagered.... because that is close to $100 000 000 Gross income per week) 

Still, that's a huge number for that partnership but what can we expect from celebrity deals? They won't just cost a few million or hundreds of thousands.

From stake's perspective, this is actually an investment to them and I guess they're raking the effect right now for that ad and partnership.

Do you think Drake will bring in more than $100 000 000 income during his sponsorship? I guess it is more about him bringing in respectability for the Brand. 

He can and as well as the other brand ambassadors that they've signed.

[Oshosondy]

it do really add up some curiousity on what is crypto is all about.

I think so too, but what I am also thinking is that Stake also accept fiat currencies, but I do not think because of that, gamblers on Stake will not be able to know that stake accepts Bitcoin and altcoins. Even Drake is using bitcoin to play on the betting platform and which was what people know. I too believe that people will know about cryptocurrencies because of this. The more people are making us of gambling sites that accepts cryptocurrencies, the more people will know about cryptocurrencies and the more people will adopt cryptocurrencies.

[AicecreaME]

stake is not the first gambling site that make use of celebrity for promotion

I cant think of anyone so big being involved in a gambling promotion for crypto, its surely a big scoop to have someone that well known on your team.  Also he is just very rich, whatever percentage he chooses to gamble is all very reasonable to him and people go for large numbers.   I personally appreciate the really long shot multibet type odds that occur even if the amount put down is a small amount but the simple fact is people gambling large amounts will always appear a bigger deal

But stake somewhat got the attention of many here owed to Drake. Yes, they are not the first but in my opinion, they got good following when drake posted those insta bets from stake. A very subtle promotion as stake has not confirmed their collaboration yet when Drake posted those bets. I believe he has followers who are noncrypto users who also are now stake players. Just guessing here. 

Indeed. Those collaborations and sponsorship really work wonders if used right and done by suitable personalities. The main goal of these celebrity endorsements is to garner more potential investors in which they can make new patronage to. Which happens whenever people are enticed or encouraged to play by certain factors such as by following their chosen and liked personalities.

Clearly, Drake has a wide reach of following that he could influence which is definitely a win for Stake. And of course, it woulf benefit him too given that partnerships come with perks and advantages that he can utilize.

[Coin_trader]

it do really add up some curiousity on what is crypto is all about.

I think so too, but what I am also thinking is that Stake also accept fiat currencies, but I do not think because of that, gamblers on Stake will not be able to know that stake accepts Bitcoin and altcoins. Even Drake is using bitcoin to play on the betting platform and which was what people know. I too believe that people will know about cryptocurrencies because of this. The more people are making us of gambling sites that accepts cryptocurrencies, the more people will know about cryptocurrencies and the more people will adopt cryptocurrencies.

AFAIK, Drake is known for promoting crypto not only on his twitter account but also to his co-artist in music industry. So even if he didn’t make this partnership with Stake. He is still promoting crypto in different way that he was good at. I will not be surprise if he will have his own NFT collection for all his albums since music is now being involved in NFT. This news about Drake partnership with Stake will gonna emphasize how convenient and safe to use Crypto Casino since even artist use this to bet huge amount so what’s more for small user to not trust it.

[madnessteat]

^

Now a lot of famous people are promoting different projects and it is a great trend that aims to popularize cryptocurrencies but the main thing is that they not only demonstrate that they use cryptocurrencies in their everyday life but also do not forget to tell about the risks that newcomers may face when using cryptocurrencies. It would also be nice if Drake would warn newbies against gambling addiction, which I think is very important.

[agustina2]

It would also be nice if Drake would warn newbies against gambling addiction, which I think is very important.

It's out of his doings and actions. If he will give advice to newbies, it's like what's the purpose of marketing a gambling site.

Gambling-related addictions and issues should only be shouldered by Stake. There's a Responsible Gambling noticed on the website on most newbies won't bother to read. There's also a self-exclusion policy and anything else.

Drake will just focus on what's written on the terms.

[chaser15]

I think so too, but what I am also thinking is that Stake also accept fiat currencies, but I do not think because of that, gamblers on Stake will not be able to know that stake accepts Bitcoin and altcoins. Even Drake is using bitcoin to play on the betting platform and which was what people know. I too believe that people will know about cryptocurrencies because of this. The more people are making us of gambling sites that accepts cryptocurrencies, the more people will know about cryptocurrencies and the more people will adopt cryptocurrencies.

It's impossible for me to think that new users who are used to placing bets on fiat won't be aware that Stake is a crypto-gambling site once they consider using the site. It's good that Stake not just limit the deposit options to crypto but also made it possible for fiat. While those users who aren't aware of crypto continue to gamble at Stake, there will be a time that they will also consider using other deposit methods for another gambling experience.

It needs a process though as marketing really takes time to see the result. By turning Drake from player to partner, it's good exposure for Stake as Drake is a well-known personality and gambling is one of his usual activities even before.

[Sanitough]

stake is not the first gambling site that make use of celebrity for promotion

I cant think of anyone so big being involved in a gambling promotion for crypto, its surely a big scoop to have someone that well known on your team.  Also he is just very rich, whatever percentage he chooses to gamble is all very reasonable to him and people go for large numbers.   I personally appreciate the really long shot multibet type odds that occur even if the amount put down is a small amount but the simple fact is people gambling large amounts will always appear a bigger deal

But stake somewhat got the attention of many here owed to Drake. Yes, they are not the first but in my opinion, they got good following when drake posted those insta bets from stake. A very subtle promotion as stake has not confirmed their collaboration yet when Drake posted those bets. I believe he has followers who are noncrypto users who also are now stake players. Just guessing here.  

This is true. His bets were into discussion for a long and recently his charity is being into discussion. He enjoys and he does good to the needy. This gives him more value as a brand ambassador than a celebrity who is popular. He's into crypto for a long and he has placed big wagers in the past and this time it was very big and caught the eyes of everyone. Surely this could've of landed more number of non crypto gamblers into Stake.

Indeed! That's what makes him a better brand ambassador from other famous brand ambassador who is just enjoying their life in a selfish manner and the Stake surely got the exact man for the job, congratulations to them again! Drake is more known for his music as it continues to hit the top charts, so we can say that most of his fans are not gambler and I won't be surprised that many have been started to gamble in Stake after they knew that Drake is now a partner of Stake.

[South Park]

<>but as for Stake earning much revenue or profits before sponsorship then the said amount or contract price isnt really that much big for them.

Yeah, that's correct. For example, Stake is making at least $1 million a day, that $100 million is nothing to them because they can expect that their revenue will increase. They probably are trying to advertise on a worldwide scale, and if this rumor is true, we should expect something big from Stake that would result in increasing their revenue, what it is? We don't know for now, but hopefully, it will be a big surprise for the crypto gambling community.

Aside from Stake on making money then it would also be adding up the exposure of crypto existence which is one of the benefits or pros on having Drake into this business or market on which
it do really add up some curiousity on what is crypto is all about.If they do saw their Idol is playing on Stake and seen on whats bitcoin or crypto deposits then it will surely make out some
questions in mind which might result into having in depth research and basing off with real numbers of followers or fans then its impossible that they wont get anyone on playing into the platform.

Exactly, everyone wins when something like this happens, even other casinos that may want to get some of the user base from stake benefit from this move as people that were not aware that they could gamble with cryptocurrencies now they know this is an option, and once they come to this market and they compare how easy it is to gamble with cryptocurrencies compared to what they can find in fiat casinos then a great deal of them will not only keep gambling with cryptocurrencies but they will begin to use them for other things as well, increasing the volume and the usage of bitcoin as a currency in the process.

[Boristhecat]

I think so too, but what I am also thinking is that Stake also accept fiat currencies, but I do not think because of that, gamblers on Stake will not be able to know that stake accepts Bitcoin and altcoins. Even Drake is using bitcoin to play on the betting platform and which was what people know. I too believe that people will know about cryptocurrencies because of this. The more people are making us of gambling sites that accepts cryptocurrencies, the more people will know about cryptocurrencies and the more people will adopt cryptocurrencies.

Yes, it will make a big difference for the adoption. We all sit on a crypto forum and think that all people already know about cryptocurrencies and how to use them, but in fact, if you take the wider society, this is far from the case. Such partnerships and the entry of cryptocurrencies into the next information flows for certain audiences will increase the number of people who are aware of cryptocurrencies and have a positive attitude towards them ("if Drake uses them, then I can").

[fullhdpixel]

what I am also thinking is that Stake also accept fiat currencies, but I do not think because of that, gamblers on Stake will not be able to know that stake accepts Bitcoin and altcoins. Even Drake is using bitcoin to play on the betting platform and which was what people know. I too believe that people will know about cryptocurrencies because of this. The more people are making us of gambling sites that accepts cryptocurrencies, the more people will know about cryptocurrencies and the more people will adopt cryptocurrencies.

Stake started with cryptos but they eventually add fiats so people will still recognize that stake is a crypto gambling site and aside from that, when they search stake on google, the word "cryptocurrency" is going to be highlighted most of the time and also when you visit the stake casino and when you press that currency tab or even the deposit button, only cryptos are the ones that will show so it is impossible if they won't figured it out that stake is mostly a crypto casino. Drake bet in Canadian currency I think, not bitcoin but I am not really sure though, maybe he made a recent bet and he was using bitcoin as a currency this time.

[BitcoinAccepted]

I think so too, but what I am also thinking is that Stake also accept fiat currencies, but I do not think because of that, gamblers on Stake will not be able to know that stake accepts Bitcoin and altcoins. Even Drake is using bitcoin to play on the betting platform and which was what people know. I too believe that people will know about cryptocurrencies because of this. The more people are making us of gambling sites that accepts cryptocurrencies, the more people will know about cryptocurrencies and the more people will adopt cryptocurrencies.

Yes, it will make a big difference for the adoption. We all sit on a crypto forum and think that all people already know about cryptocurrencies and how to use them, but in fact, if you take the wider society, this is far from the case. Such partnerships and the entry of cryptocurrencies into the next information flows for certain audiences will increase the number of people who are aware of cryptocurrencies and have a positive attitude towards them ("if Drake uses them, then I can").

Exactly, possible new sign-ups makes it win-win case for both parties. Partnerships can be profitable if the Drake can bring his followers to this platform and Stake should pause asking personal details for new registrations. Btw, Drake stream will be in 5 parts not a single big stream. 5 streams with huge giveaways are announced on Saturday stream by owner of platform.

It's quite difficult to say and estimate why Stake insists on having the personal information of new customers on their site. I'm not sure, but it could have to do with the fact that the licensing commissions in Curacao have become quite strict and anonymous registrations are no longer allowed. We've seen this on multiple sites that you have to register your own leaving some personal information. The rules and procedures are getting stricter and stricter, unfortunately or perhaps good to see? Fraud becomes a lot more difficult that way.