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[dwyane36]

You have to change your wager plan. They changed the requirement almost one month ago. Now you need to be at least Gold VIP rank user to be eligible for the bi-weekly poker tournament. And $50k wagering is required to reach gold rank.

Fuck me, I am dead. I don't want to wager $50k to become eligible to play the poker tournament. 10K wasn't too much, to be honest. I should have done it a long time ago and played the first two tournaments. I wagered around $5K on the first wagering contest and then had no chance to participate since I became too busy with real-life things and other forum stuff.

Nah, you were right that I have to change my wager plan. I think it would be best not to chase the 50K anymore but just play for entertainment or participate in other wagering contests.

Well, assuming that the RTP is ~99%, it turns out that the average gambler will need $400-500 just to wager $50k, which is required to obtain the gold rank. However, I think that with a certain amount of luck and the right strategy, these losses can be partially minimized.

[panjul07]

You have to change your wager plan. They changed the requirement almost one month ago. Now you need to be at least Gold VIP rank user to be eligible for the bi-weekly poker tournament. And $50k wagering is required to reach gold rank.

Fuck me, I am dead. I don't want to wager $50k to become eligible to play the poker tournament. 10K wasn't too much, to be honest. I should have done it a long time ago and played the first two tournaments. I wagered around $5K on the first wagering contest and then had no chance to participate since I became too busy with real-life things and other forum stuff.

Nah, you were right that I have to change my wager plan. I think it would be best not to chase the 50K anymore but just play for entertainment or participate in other wagering contests.

Well, assuming that the RTP is ~99%, it turns out that the average gambler will need $400-500 just to wager $50k, which is required to obtain the gold rank. However, I think that with a certain amount of luck and the right strategy, these losses can be partially minimized.

Mathematically it is correct but since we are in gambling then there is no fixed thing, we can lose more or we can lose less or even we can win some while trying to reach specific wager amount, all depending on our luck.
As long as we think that the purpose is worth enough, we can try it but we should do it at one session because if we force ourselves to wager it then it can be very dangerous.
The most important thing is that we should also enjoy the game when trying to reach the wager target by playing the game we like most and if we win in the middle of the process, we should stop it and forget about the wager target at least for a while.

[Mahdirakib]

Nah, you were right that I have to change my wager plan. I think it would be best not to chase the 50K anymore but just play for entertainment or participate in other wagering contests.

You could have wagered $50k with minimum losses at Yeet during the Bitcointalk contest period. You would have received $20 for $10k wager, then $100 for $50k wager as the rank-up bonus. Besides that, you would have also received rakeback, weekly or monthly bonuses. Finally, the reward from the leaderboard would have helped you to recover the amount which you might have lost by using the wagering strategy.

[Beparanf]

You have to change your wager plan. They changed the requirement almost one month ago. Now you need to be at least Gold VIP rank user to be eligible for the bi-weekly poker tournament. And $50k wagering is required to reach gold rank.

Fuck me, I am dead. I don't want to wager $50k to become eligible to play the poker tournament. 10K wasn't too much, to be honest. I should have done it a long time ago and played the first two tournaments. I wagered around $5K on the first wagering contest and then had no chance to participate since I became too busy with real-life things and other forum stuff.

Nah, you were right that I have to change my wager plan. I think it would be best not to chase the 50K anymore but just play for entertainment or participate in other wagering contests.

Well, assuming that the RTP is ~99%, it turns out that the average gambler will need $400-500 just to wager $50k, which is required to obtain the gold rank. However, I think that with a certain amount of luck and the right strategy, these losses can be partially minimized.

I do suffer that amount as losses when I reach gold rank more or less but I recover huge part of it by playing normal game such as craps and blackjack.

I do have session that my balance is up despite I already wager more than 1K on Plinko. Sometimes it’s all about luck and variance on the game which you might hit consecutive huge multiplier that will result to positive profit.

Besides, yeet level up and rakeback bonus helps a lot to recover this losses while the tournament rewards serves as pure profit.

[gunhell16]

You have to change your wager plan. They changed the requirement almost one month ago. Now you need to be at least Gold VIP rank user to be eligible for the bi-weekly poker tournament. And $50k wagering is required to reach gold rank.

Fuck me, I am dead. I don't want to wager $50k to become eligible to play the poker tournament. 10K wasn't too much, to be honest. I should have done it a long time ago and played the first two tournaments. I wagered around $5K on the first wagering contest and then had no chance to participate since I became too busy with real-life things and other forum stuff.

Nah, you were right that I have to change my wager plan. I think it would be best not to chase the 50K anymore but just play for entertainment or participate in other wagering contests.

That amount of $50,000 is already equivalent to a brand-new townhouse here in my country. And I also agree with you that it’s only right to adjust your wager plan,
because for me, a $50,000 wager amount is already way too much, to be honest.

Of course, as gamblers, we should still have limits in our gambling activities, because I’m not a rich person to be doing something like that. It would be a different story if I were a corrupt politician, since that amount would just be loose change for me for sure, lol  but I’m not a politician, haha.

[Zwei]

That amount of $50,000 is already equivalent to a brand-new townhouse here in my country. And I also agree with you that it’s only right to adjust your wager plan,
because for me, a $50,000 wager amount is already way too much, to be honest.

Of course, as gamblers, we should still have limits in our gambling activities, because I’m not a rich person to be doing something like that. It would be a different story if I were a corrupt politician, since that amount would just be loose change for me for sure, lol  but I’m not a politician, haha.

a wager amount is not the same as losses, you know that? right?
for a $50,000 wager you are looking at ~$500 in losses if you wager on dice, plinko, or any other game with 1% house edge. i don't think you can get a new townhouse for $500.

[xLays]

I'm surprised I got $40 in my account. I think it came from the wagering leaderboard reward for the bitcointalk referral code, but as far as I remember I only finished 11th place that no reward.
That’s why I was surprised to still get $40. Maybe it’s not from that, so honestly I don’t know how I got $40 out of nowhere.

I managed to turn it into $135 and withdrew it immediately.
I was planning to wager it to reach the $50K wagering requirement for gold rank for be able to join the poker tournament, but you know pushing it might just result in losing that $135 so I withdraw it.

[Kavelj22]

You have to change your wager plan. They changed the requirement almost one month ago. Now you need to be at least Gold VIP rank user to be eligible for the bi-weekly poker tournament. And $50k wagering is required to reach gold rank.

Fuck me, I am dead. I don't want to wager $50k to become eligible to play the poker tournament. 10K wasn't too much, to be honest. I should have done it a long time ago and played the first two tournaments. I wagered around $5K on the first wagering contest and then had no chance to participate since I became too busy with real-life things and other forum stuff.

Nah, you were right that I have to change my wager plan. I think it would be best not to chase the 50K anymore but just play for entertainment or participate in other wagering contests.

This is not a good strategy to incentive users reach the high level rank just to be able to join tournament poker event. When the minimum wager required was 10K, anybody got motivated to deposit more for to lucks one is to win one of the bets, the second is to increase the minimum wager to reach VIP level and benefit from exclusive features like the poker tournament event. Now users will find it quite hard to reach 50K wager and probably they will forget about the whole thing and may even leave the casino.

[memehunter]

This is not a good strategy to incentive users reach the high level rank just to be able to join tournament poker event. When the minimum wager required was 10K, anybody got motivated to deposit more for to lucks one is to win one of the bets, the second is to increase the minimum wager to reach VIP level and benefit from exclusive features like the poker tournament event. Now users will find it quite hard to reach 50K wager and probably they will forget about the whole thing and may even leave the casino.

Well said and I am in agreement with you on this. This is too fast too soon type of marketing strategy. Yeet.com might have seen at least 10-15 players chasing 10k wager in order to get into the poker tournament but now I believe hardly 2-3 new players will achieve that.
Another strategy would have been something along the line of different tournaments for different VIP levels. IMO, 2.5k for silver level and 5k for gold level (gold level vips should be able participate in both).
     

[Kavelj22]

This is not a good strategy to incentive users reach the high level rank just to be able to join tournament poker event. When the minimum wager required was 10K, anybody got motivated to deposit more for to lucks one is to win one of the bets, the second is to increase the minimum wager to reach VIP level and benefit from exclusive features like the poker tournament event. Now users will find it quite hard to reach 50K wager and probably they will forget about the whole thing and may even leave the casino.

Well said and I am in agreement with you on this. This is too fast too soon type of marketing strategy. Yeet.com might have seen at least 10-15 players chasing 10k wager in order to get into the poker tournament but now I believe hardly 2-3 new players will achieve that.
Another strategy would have been something along the line of different tournaments for different VIP levels. IMO, 2.5k for silver level and 5k for gold level (gold level vips should be able participate in both).
     

I'm sure they'll lose a significant user base after this update, especially since other platforms run poker tournaments on a weekly basis with minimal requirements. One of those tournament requires a wager of as little as $5 and is managed by a respected campaign manager here on the forum, offering priority for forum community. Poker tournaments have become a competitive area within marketing strategies, and they seem to be able to attract users and motivate them to trust the sponsoring casino more.

[arwin100]

This is not a good strategy to incentive users reach the high level rank just to be able to join tournament poker event. When the minimum wager required was 10K, anybody got motivated to deposit more for to lucks one is to win one of the bets, the second is to increase the minimum wager to reach VIP level and benefit from exclusive features like the poker tournament event. Now users will find it quite hard to reach 50K wager and probably they will forget about the whole thing and may even leave the casino.

Well said and I am in agreement with you on this. This is too fast too soon type of marketing strategy. Yeet.com might have seen at least 10-15 players chasing 10k wager in order to get into the poker tournament but now I believe hardly 2-3 new players will achieve that.
Another strategy would have been something along the line of different tournaments for different VIP levels. IMO, 2.5k for silver level and 5k for gold level (gold level vips should be able participate in both).
     

I'm sure they'll lose a significant user base after this update, especially since other platforms run poker tournaments on a weekly basis with minimal requirements. One of those tournament requires a wager of as little as $5 and is managed by a respected campaign manager here on the forum, offering priority for forum community. Poker tournaments have become a competitive area within marketing strategies, and they seem to be able to attract users and motivate them to trust the sponsoring casino more.

With those new set up they made for sure it can disappoint lots of people here. For sure they would go on other casino that didn't ask to much requirement before they can participate on their poker events.

They should look at the current situation happening in this forum so that they would get a great insights if what they are about to implement is good to their business or not or those people playing on their casino would really like it.

If they didn't change those things people might decide not to play here and go with their competitors.

[Bitinity]

I'm surprised I got $40 in my account. I think it came from the wagering leaderboard reward for the bitcointalk referral code, but as far as I remember I only finished 11th place that no reward.
That’s why I was surprised to still get $40. Maybe it’s not from that, so honestly I don’t know how I got $40 out of nowhere.

I managed to turn it into $135 and withdrew it immediately.
I was planning to wager it to reach the $50K wagering requirement for gold rank for be able to join the poker tournament, but you know pushing it might just result in losing that $135 so I withdraw it.

Did you ask the support first before trying to use the balance that you have no idea where it comes from? Something like this can be an issue later especially if the balance comes from a mistake sent by the admin of the casino, but hopefully it will not be a problem in Yeet. Btw, it reminds me to the case of Mahdirakib where he did not receive the $40 as the reward for the latest bitcointalk leaderboard where he finished on 10th until he managed to get it after he contacted the support. Maybe the $40 in your account is the one that should be credited to Mahdirakib but it was credited to your account by mistake. Suggestion for you, if you get something on your account that you have idea where it comes from, better to ask about it from the support first to avoid an issue later.

[God Of Thunder]

This is not a good strategy to incentive users reach the high level rank just to be able to join tournament poker event. When the minimum wager required was 10K, anybody got motivated to deposit more for to lucks one is to win one of the bets, the second is to increase the minimum wager to reach VIP level and benefit from exclusive features like the poker tournament event. Now users will find it quite hard to reach 50K wager and probably they will forget about the whole thing and may even leave the casino.

Well, it is up to the casino marketing and administration team. They sometimes measure the requirements based on their own judgment. A team member might think $50K is not a big amount because they are wealthy enough, while average players may think $50K is a lot of money. While I was thinking that $10K is not that much to achieve, some other players might think $10K is a big amount as well.

So, I would say that $50K is a big amount, yet they decided to make it like that. Probably because they do not want too many participants, or want to make it too hard, so it feels like a rare item. Just my two sats.

[dwyane36]

I was planning to wager it to reach the $50K wagering requirement for gold rank for be able to join the poker tournament, but you know pushing it might just result in losing that $135 so I withdraw it.

Well, you did the right thing, because there's very little chance of wagering $50k when you only have $135 to start with. In fact, with that amount, it's possible to do so only if luck is on your side and you get a huge multiplier from your very first bets. But as you understand, the chance of that happening is usually much less than 1%.

[xLays]

I'm surprised I got $40 in my account. I think it came from the wagering leaderboard reward for the bitcointalk referral code, but as far as I remember I only finished 11th place that no reward.
That’s why I was surprised to still get $40. Maybe it’s not from that, so honestly I don’t know how I got $40 out of nowhere.

I managed to turn it into $135 and withdrew it immediately.
I was planning to wager it to reach the $50K wagering requirement for gold rank for be able to join the poker tournament, but you know pushing it might just result in losing that $135 so I withdraw it.

Did you ask the support first before trying to use the balance that you have no idea where it comes from? Something like this can be an issue later especially if the balance comes from a mistake sent by the admin of the casino, but hopefully it will not be a problem in Yeet. Btw, it reminds me to the case of Mahdirakib where he did not receive the $40 as the reward for the latest bitcointalk leaderboard where he finished on 10th until he managed to get it after he contacted the support. Maybe the $40 in your account is the one that should be credited to Mahdirakib but it was credited to your account by mistake. Suggestion for you, if you get something on your account that you have idea where it comes from, better to ask about it from the support first to avoid an issue later.

I wasn’t aware of Mahdirakib’s case where he didn’t receive the $40 reward from the latest bitcointalk leaderboard. If I had known about that maybe I would have asked support, because that wouldn’t just be a coincidence and could have actually been his reward. Since I didn’t know, I assumed it might have been some kind of consolation prize since Mahdirakib wager amounts were close to each other.

Like I mentioned in my post, I’m still not sure if that $40 really came from the leaderboard reward, because it could also be from something else like other reward since I’m active playing in Yeet. The thing is, the amount is exactly the same as the 10th place reward. Either way, that’s not really my problem that I got $40.

[Mahdirakib]

Btw, it reminds me to the case of Mahdirakib where he did not receive the $40 as the reward for the latest bitcointalk leaderboard where he finished on 10th until he managed to get it after he contacted the support. Maybe the $40 in your account is the one that should be credited to Mahdirakib but it was credited to your account by mistake. Suggestion for you, if you get something on your account that you have idea where it comes from, better to ask about it from the support first to avoid an issue later.

I believe you are right, Yeet team had mistakenly credited the 10th rank prize to 'xLays' instead of me. He is a very lucky guy . Yeet team should consider it as a bug reward instead of creating any trouble for him later. Because there are issues with their leaderboard system. They must fix it for transparency. I have also faced issues with the rewards in the previous round, and 'Beparanf' had also faced issues like me with the rewards in the last round. Now I'm wondering what's going on with the other leaderboard and prize distribution of Yeeterboards.

[Beparanf]

I was planning to wager it to reach the $50K wagering requirement for gold rank for be able to join the poker tournament, but you know pushing it might just result in losing that $135 so I withdraw it.

Well, you did the right thing, because there's very little chance of wagering $50k when you only have $135 to start with. In fact, with that amount, it's possible to do so only if luck is on your side and you get a huge multiplier from your very first bets. But as you understand, the chance of that happening is usually much less than 1%.

More or less 135$ will result on 10K to 20K tops depending on your luck  but stretching it to 50K without being bust is extremely hard to do.

I’m playing a lot of house game before on different casino and I never hit 50K wager with that bankroll. I usually spend more around 300$ that usually recover through normal gambling game.

@Bitinity what’s your highest wager accumulated using this amount based on your experience?

[panjul07]

This is not a good strategy to incentive users reach the high level rank just to be able to join tournament poker event. When the minimum wager required was 10K, anybody got motivated to deposit more for to lucks one is to win one of the bets, the second is to increase the minimum wager to reach VIP level and benefit from exclusive features like the poker tournament event. Now users will find it quite hard to reach 50K wager and probably they will forget about the whole thing and may even leave the casino.

For sure people will start to forget it if their main reason playing in Yeet is merely for the poker tournament especially if they started to be interested before the minimum wager is increased.
Even with $50k wager requirement, $5k poker freeroll every 2 weeks is still a great offer especially for those who like to play poker game.
Basically it is not that hard to wager $50k even for small bankroll players, as long as they wish they can do it by betting small amount only to minimize bigger loss but it should be done frequently.

[Zwei]

This is not a good strategy to incentive users reach the high level rank just to be able to join tournament poker event. When the minimum wager required was 10K, anybody got motivated to deposit more for to lucks one is to win one of the bets, the second is to increase the minimum wager to reach VIP level and benefit from exclusive features like the poker tournament event. Now users will find it quite hard to reach 50K wager and probably they will forget about the whole thing and may even leave the casino.

i guess $10k was too low of a requirement, and they are just changing stuff based on the numbers they see from running the poker event.
obv they are doing this to get more business on their casino (and to keep active players engaged), so it makes sense they would tweak things to make it worth the money they are spending.

Even with $50k wager requirement, $5k poker freeroll every 2 weeks is still a great offer especially for those who like to play poker game.
Basically it is not that hard to wager $50k even for small bankroll players, as long as they wish they can do it by betting small amount only to minimize bigger loss but it should be done frequently.

if they are good at poker, they could easily win back more than they lost to wager $50k (that if yeet doesn't change the requirement again).

[Bitinity]

@Bitinity what’s your highest wager accumulated using this amount based on your experience?

I cant really remember but recently I keep playing in Yeet with $100 deposit and my VIP progress bar increased more than 20% while my current tier requires $150k wager so mathematically I have wagered more than $30k while I have not lost my initial deposit as I manage to double my deposit at the moment. Bear in mind that I stay on my betting style, low bet amount but making so many bets because this is my betting strategy when it comes to wagering purpose. Of course luck always take the major factor because we know that we may not even wager $1000 with $100 initial deposit if we are out of luck.