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Author Topic: Stake.com - The Good, the bad, the ugly...  (Read 558 times)
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September 11, 2024, 06:33:44 AM
 #21

You in this casino world, when some or a gambler is not favoured because of his or her cheating and got nuked then they would come to the public and create article on the casino company. And when you look into those cases, you will discover that they are even at fault.
I agree to disagree because it's a 50-50 situation tbh, sometimes players could cook up stories just to try and dent the casino's name in trying to get even with the casino when they are actually in the wrong, and sometimes these reputation damaging articles are from real players that haven't had a fair hearing because some of these casino's/sportsbooks just don't give a **** about what the public thinks of them as they have a good customer base and think they are invisible.

Sometimes such reviews just don't follow from cheating customers; there are also some real customers that some casinos don't treat very well, and out of the frustration they get from the casino service, they pure it all in long reviews to express how disappointed they are on that casino and earn others of such.
Agreed!!

Business 101, it's not always about the 99% positive reviews...as a business you need to take interest in what the 1% are saying because sooner or later that 1% grows to become the 99% and it will be too late for turning a deaf ear on genuine concern's.
+1

Any type of complaint that is voiced must still be accommodated to be reviewed for its truth and a conclusion can be drawn if both parties confirm and state all their respective arguments. The 1% is always bombarded by supporters who hold the 99% so that it is considered weak and finally even though the 1% can backfire on the opposing party.

Talking about the Stake originals spilled by OP is actually difficult to prove, but based on personal experience it is indeed not according to what is watched but I will not judge the casino considering that gambling is our own responsibility when determining where to play.

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September 11, 2024, 07:18:17 AM
 #22

This is my honest review of Stake. I am a Gold member and play usually everyday.
If your Stake username is same as your Bitcointalk forum username, then you have already become a Platinum 1 ranked user on Stake. Your lifetime wager is $110k, where $250k wagering is required to reach platinum 1 rank. Looks like your sports betting wagering has boosted your VIP rank.



Quote
The bonus structure on stake also is highly confusing. They hand out a weekly reward where it seems the formula changes from week to week. There could be some weeks where you wager 30k and get a 70$ rest and others where you wager 60k but only get 50$. It confuses players a lot.
Different games have different contributions towards the bonuses at Stake. They also consider the wagering activity from deposits, and users weekly or monthly PnL stats. Still, the bonus parameters of Stake is indeed mysterious. I have similar experience like you about Stake bonuses. Anyway, Stake in-house games aren't rigged.

R


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September 11, 2024, 09:06:02 AM
 #23

This seems like an honest review of someone who is active on Stake regularly. In terms of transparency (as this was your ugly about Stake), I think you need to join some of their social media channels or forum. I am not a regular customer however I have seen so much of promotions of their events and release dates etc. that you are talking about in my social media feed. Not sure how you can miss it by being a regular player.

Nice write up though, try it for other platforms too.

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September 11, 2024, 09:14:39 AM
 #24

I have seen non stop stretches where there losses that are not normal especially at games where the odds are supposed to be 50/50 ie.
No, the house edge of Dice at Stake is 1% which translates as 99% Return To Player but the odds are 49/51 in favour of Casino.

The bonus structure on stake also is highly confusing. They hand out a weekly reward where it seems the formula changes from week to week. There could be some weeks where you wager 30k and get a 70$ rest and others where you wager 60k but only get 50$. It confuses players a lot. The monthly reward they give out is also give it at random times within the month so it also leaves players confused.

The ugly:
The ugliest thing about Stake is their non transparency.
This non transparency leaks into their bonus formulas, release dates, and reasoning behind randomly closing accounts and keeping funds. Despite having an array of different games (one of their pluses) to choose from, they never seem to win... ever. Stake's interface is pleasant on the eyes and easy to navigate, however there are times it experiences glitches, such as balance not being displayed properly or slow down during a slot. As stake has gotten bigger and bigger it seems like will all things, the quality has gone down. This once top notch site has slowly been on the decline in players eyes and has such is just a former shell of itself.
If you want to get rewarded for your high wagers, then join the Metawin. I'm not saying this because I promote the website, no, just try it yourself and thank me later Cheesy They have a VIP transfer available and special Salon Lounge for VIP members. They also have Web3 wallet support and claim that you are able to deposit and withdraw up to 30 ETH per day in less than 60 seconds, without a pesky human interaction.

Btw the quality goes down because they generate enormous money and doesn't seem to hire many new employees. They are investing lots of money in streamers and marketing overall.

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September 11, 2024, 10:44:46 AM
 #25

You in this casino world, when some or a gambler is not favoured because of his or her cheating and got nuked then they would come to the public and create article on the casino company. And when you look into those cases, you will discover that they are even at fault.
I agree to disagree because it's a 50-50 situation tbh, sometimes players could cook up stories just to try and dent the casino's name in trying to get even with the casino when they are actually in the wrong, and sometimes these reputation damaging articles are from real players that haven't had a fair hearing because some of these casino's/sportsbooks just don't give a **** about what the public thinks of them as they have a good customer base and think they are invisible.

Sometimes such reviews just don't follow from cheating customers; there are also some real customers that some casinos don't treat very well, and out of the frustration they get from the casino service, they pure it all in long reviews to express how disappointed they are on that casino and earn others of such.
Agreed!!

Business 101, it's not always about the 99% positive reviews...as a business you need to take interest in what the 1% are saying because sooner or later that 1% grows to become the 99% and it will be too late for turning a deaf ear on genuine concern's.
+1

Any type of complaint that is voiced must still be accommodated to be reviewed for its truth and a conclusion can be drawn if both parties confirm and state all their respective arguments. The 1% is always bombarded by supporters who hold the 99% so that it is considered weak and finally even though the 1% can backfire on the opposing party.

Talking about the Stake originals spilled by OP is actually difficult to prove, but based on personal experience it is indeed not according to what is watched but I will not judge the casino considering that gambling is our own responsibility when determining where to play.

Exactly since its every opinion must be heard since we cannot erase the certain facts that there are people will write their experience on the casino they mentioned. Even though they are reputable there are really things or actions that discourage people that's why some people here posting their disappointment towards them.

Although we really need to verify each complaint but we should not get blinded with long years and reputation display since there are reputable casino turn into a scam. But in case of Stake I think everything still fine with their end. This case is maybe made up because OP is just frustrated with the result he encountered with Stake. So for now if there's no other information to validate or back up his claims that statement will remain unproven and for sure lots of people will not validate any accusation with no good supporting documents posted.

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September 11, 2024, 11:22:44 AM
 #26


The ugly:
The ugliest thing about Stake is their non transparency.
This non transparency leaks into their bonus formulas, release dates,

How come this feature makes the ugliest thing on Stake. I also ask about the formula computation of bonuses in the past but it’s not a big deal anymore since I consistently receiving bonus. You can speculate on what is the formula consideration if you are a regular player.

The hidden formula and release date add to the element of surprise on playing at Stake.

Quote
and reasoning behind randomly closing accounts and keeping funds.

Stake only keep the funds that accumulated through the due to the violation. The deposit amount always being refunded to affected user besides all casino doesn’t fully disclose the detail of the violation aside from the general terms that being violate.

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September 11, 2024, 12:01:02 PM
 #27

I have quit playing massively at Stake which I used to play almost everyday because I also think that things has changed a lot internally. I used to win huge amounts there from time to time and the losing sessions were not as consecutive as 6 months without a single win in any slot, I mean a decent amount and therefore unless they don't show a good audit report from an independent party regarding slot machines I will not be playing there anymore slots, only poker and sport betting. There is no need to lose money in the most worthless of ways.

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September 11, 2024, 12:44:56 PM
 #28

I have quit playing massively at Stake which I used to play almost everyday because I also think that things has changed a lot internally. I used to win huge amounts there from time to time and the losing sessions were not as consecutive as 6 months without a single win in any slot, I mean a decent amount and therefore unless they don't show a good audit report from an independent party regarding slot machines I will not be playing there anymore slots, only poker and sport betting. There is no need to lose money in the most worthless of ways.

You do the right move on quitting the casino if you already feel that you are not winning anything. I’m not suggesting that Stake has rigged games which is the reason for your losses rather you are not enjoying the game in there since you already have bad speculation on the casino which always make you frustrated to play on that casino anymore.

We have different preferences and it’s normal to experience losing streak since you experience to have huge win before. The RTP of the casino games dictates that you will win less to your original bankroll in the long run which means all your previous winning will surely loss if you keep playing since that’s how RTP works on game that has negative EV.

Most important on gambling is you enjoy that’s why I said that you do the right thing so that you can move on.

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September 11, 2024, 01:04:31 PM
 #29

First of all, OP, thank you, and you gave reviews or insight according to your experience of playing at stakes casino for a couple of years. The sides that you gave a view from good, bad, and ugly are good.

And all of what you said may or may not be true. Then maybe all casinos have their weak points that can really be said. Now, based on your story, the only thing missing is that you didn't show proof that those experiences of yours are real. You are the one I see lacking.

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September 11, 2024, 02:48:11 PM
 #30

honestly the negative parts are not so negative...

their originals games are technically verifiable and not modifiable by the gambling house. the fact that in 3 years OP has not won has no statistical value and makes me wonder if he/She understand how difficult it really is to win a large share.

on the part of the bonus, as much as the lack of transparency is questionable, they are not violating any law. in fact, many other bookmakers do not have any type of similar reward.

and if they did not offer these bonus?
of course everyone would complain again... Roll Eyes

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September 11, 2024, 03:40:28 PM
 #31

Your review makes a lot of sense op. Stake is definitely not as amazing as it once was, but it's still a great site to gamble in thanks to their quick deposit and withdrawal speeds along with minimal fees.

However, I disagree with your opinion about their originals being rigged since I have observed some players win big in plinko etc. Only some gamblers around the world get lucky enough to win humongous amounts through casino games.

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September 11, 2024, 05:16:51 PM
 #32

Weldon on your personal review about stake you indeed took the time to give an indebt analysis on the good the bad and the ugly side of the world leading cryptocurrency casino.


What is missing in your review is some fact evidence of your experience, you should include screenshots of all the basic features of stake that you used and mentioned above, at least, that will give your review some level of credibility from all side.

Yeah I agree. What's bad about this kind of review that has no screenshots or absent of evidence is they are going to add and will overlook some point and most of the time they will add based on other players' experience.

Even a screenshot of his claim that he is a gold member is good start to make us believe that some part of what he is saying is true.


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September 11, 2024, 08:17:37 PM
 #33

Seems like OP is a little rough on Stake. It’s hard to knock them just because you didn’t hit a max win on one of their games. Luck could have easily sent that the other way. Also, I think there are a lot of great things about Stake other than just their withdrawals. They have a huge selection of games to play and a wide range of sporting events always available. I think that is more important than the speed of a withdrawal.

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September 12, 2024, 10:36:28 AM
 #34

OP I have no choice but to disagree.

1. If you have said that Stake have slow withdrawal or deposit you would have been bursted, this is the best part of Stake casino.

2. Coming from a new forum account, hell no.

3. There is no single evidence to back up your claim, not even a single screenshot.

How do you want people to take this very seriously?

If you are out of luck it is not the casino's fault, people do blame the casino if they start winning less and losing more but they forget that this is mathematical, here is a tip, if you don't like what you are getting you should stop using the casino and find another.

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September 13, 2024, 09:04:37 AM
 #35

I have to reply to this post three times as you classified them into the good, the bad and the ugly. Let's start with the good but I will not cover the ones you did not add any fault.

Lets start with the good:
Aside from the few times they locked my account and took coin from me, everything else has been smooth. From time to time however (usually if you are up big) stake will do these verification checks and force you to submit more documentation before they allow you to withdraw.
First, it would have been more relevant if you were an established member of the forum, but for you to have a single post on this account, I will not be fooled to believe this, the world is ugly enough to know that a big name like Stake would have rivalry attacks and I wonder why you even mixed bad review with what you called good part of your review, why not wait for the bad and the ugly? I wonder what to expect later when I read the bad and the ugly reviews in the coming days.

As for the verification, it's a standard procedure that is even backed by law to ask for an additional one. The only case I can blame Stake is when you provided them with all the documents but still rejected them, thankfully, you never mentioned that. Just provide the needed document and you will be fine.

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In two occasions my account was closed and funds were seized due to some breach they ordained I had made. With that being said when you ask them for more details about this, they will reply that they cannot give you any details and the case is closed. Besides this, if you decide not to win tons from them, withdrawals are fast and you should be fine.
You will do well by adding proofs to back this up. If your account was locked a second time, that means you are insensitive, did you think they would not detect you were the first locked account? I know you won't state the true reason why the account was locked the first time, but it's easy for you to make it look bad.

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September 13, 2024, 06:47:58 PM
 #36

snip

The bonus structure on stake also is highly confusing. They hand out a weekly reward where it seems the formula changes from week to week. There could be some weeks where you wager 30k and get a 70$ rest and others where you wager 60k but only get 50$. It confuses players a lot. The monthly reward they give out is also give it at random times within the month so it also leaves players confused.

This is on purpose, casinos like any other business want to increase their profits and one easy way to do this is by giving those seemingly random bonuses, as then gamblers will try to figure out the way to max it out, and during that process they will gamble more in order to do so, this is why I often recommend gamblers to not care about those bonuses, as in your desire to get them, you will spend way more money that whatever bonus any casino may give you.
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September 13, 2024, 08:25:18 PM
 #37


+1

Any type of complaint that is voiced must still be accommodated to be reviewed for its truth and a conclusion can be drawn if both parties confirm and state all their respective arguments. The 1% is always bombarded by supporters who hold the 99% so that it is considered weak and finally even though the 1% can backfire on the opposing party.
What is the meaning of +1, because I have seen it on few comments around the Forum?

Back to topic of discussion.

The validity of any argument is based on the prevailing facts and evidence that is presented by the both parties and if the accuser failed in backing his point with evidence to prove his case, his argument may be discarded untill he is able to prove that Indeed he has a point to prove at any point, against that we have to be careful in our analysis of cases that comes up and let it not be as if we are too quick to support or make a judgement too fast that is why we always take time before making a stands against or for any case.

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Talking about the Stake originals spilled by OP is actually difficult to prove, but based on personal experience it is indeed not according to what is watched but I will not judge the casino considering that gambling is our own responsibility when determining where to play.
Our judgement should not be based on wether or not stake is guilty or not or even because stake is a well known casino here, but our judgement should be based of evidence presented by the ops to back up his claims.
Because that very important since the stake team won't be sharing any of such information because of their privacy policy.

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Ojima-ojo
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September 13, 2024, 10:10:01 PM
 #38

I have quit playing massively at Stake which I used to play almost everyday because I also think that things has changed a lot internally. I used to win huge amounts there from time to time and the losing sessions were not as consecutive as 6 months without a single win in any slot, I mean a decent amount and therefore unless they don't show a good audit report from an independent party regarding slot machines I will not be playing there anymore slots, only poker and sport betting. There is no need to lose money in the most worthless of ways.
That is the reason we have many other alternatives we can choose from at anytime because most of this reputable casinos could easily get carried away with the level of success attained and be led to act in arbitrary to the code of conducts, and also not being fair on some of the games and how the House edge are calculated on some game's.


I accept the truth that there is need for an independent audit on slot machine to assertain the accurate calibration of the the slot machine to offer gamblers a more Fair outcome or a conviction that everything is ok with the present alot machine.

 
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danherbias07
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September 14, 2024, 08:10:51 AM
 #39

If you watch their weekly raffle on kick.com you will learn a lot about their bonuses because sometimes they explain it again and I actually understood it when I heard it from them. The larger part of your bonus will come from your losses and some of it will come from your wagers.

Now when it comes to the Original games of Stake.com, well yes it sucks, and not because of the RTP but because the game is old-school games. There are not many images in it but just repeatable games. So, you will always have the option to not play those games. I played slots and I enjoyed it more and that's when I minimized my play time in original games like Keno and Plinko.
Plus, I experienced a good multiplier in slots that cannot be received in the originals.

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September 14, 2024, 08:33:31 AM
 #40

If you watch their weekly raffle on kick.com you will learn a lot about their bonuses because sometimes they explain it again and I actually understood it when I heard it from them. The larger part of your bonus will come from your losses and some of it will come from your wagers.

Now when it comes to the Original games of Stake.com, well yes it sucks, and not because of the RTP but because the game is old-school games. There are not many images in it but just repeatable games. So, you will always have the option to not play those games. I played slots and I enjoyed it more and that's when I minimized my play time in original games like Keno and Plinko.
Plus, I experienced a good multiplier in slots that cannot be received in the originals.

Well, let's be honest. The formula for bonus (weekly and monthly) is so secret they will never really confirm it or whatever. They say stuff so people stop asking  Grin .
In my experience wager is still a bigger factor than profit/loss. But p/l definitely has an impact. When I had wager of like 75k and a loss I get like 80$ and if I have profits it will be like 50$ something, as a high platinum. Other players with more loss and much less wager and a lower rank get 100$, so how does that work?  Cheesy
It also always depends on how much bonus (rakeback, reload, drop claims) you had in the week or the month respectively.

About originals, well it's light and day. I have had huge runs on dice for example going from 50$ to 1500$ in one day, just with 50% odds bets. But in the next session you can lose it all when there is an insane loss streak losing like 70% of bets on 50% odds, it can go really fast. What I do stay away from is originals BJ, it just doesn't work for me. I always lose, never win. Often enough starting with a huge losing streak and then playing the catch up game and lose. 10-15 losses in a row on textbook blackjack is nothing special. You get 20 vs dealer 5, next cards 4 3 3 A 5, hahaha. I just gave up with this game on some point.  Cry


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