Does anyone know how much money Stake.com makes?

[yescoiner]

I think they haven't announced their revenue officially.

According to my basic calculation, their annual revenue (the total of house edges they take from the users) should be around 10M-30M USD.

Any ideas?

[Etude]

Well all I know the turnover of profit must be quite the staggering amounts based on the amount of money spent on doing promotions.

[SLFJ]

They get much, all imna say, I think they also pay creators on other platforms like Twitch, YouTube to promote the site, idk, I think juicyfruityyy is advertising this site too.

[Kippo]

I don’t know how much stake earned. But stake always gave back to community in ways of forum rewards, challenge, race, YouTuber promotion, twitter giveaways, telegram challenge, and rain and some other staff of promotion 

[Kate]

I dont know for sure but with these races that they host they should be making around like 50000 usd or something maybe less than 50000 usd not sure how much tho.

[Gess069]

Well seeing it from here is like they take a bitcoin or more for a normal day, well annual income for Stake may be 3.6M upto 10M. Not everyday is the same in Stake there are lucky days and unlucky days for players.

[Burgerwcheese]

The answer is going to vary from website to website, but I have some ideas about how we might calculate what an average Internet casino makes each month. Some of this is wild speculation, but sometimes it’s fun to speculate. 

A webmaster runs a gambling information portal or site. He signs up for a casino affiliate program. He advertises the casino in exchange for a commission on each player.

This commission usually takes 1 of 2 forms:

A CPA (cost per acquisition)

Revshare (revenue sharing)

A CPA is a flat amount that the casino pays the affiliate for each player who signs up and makes a deposit at the casino. This amount can range from $25 to $500, depending on how much volume a site is able to send a casino.

With a CPA arrangement, the casino risks paying more for the player than the player loses to the casino. But it’s okay, because over a large number of players, a casino has an idea of what the average player is going to lose. That amount is always more than the CPA.

I’ve heard from reliable sources that the average online casino gambler is worth at least $1000. That takes into account the low rollers who only deposit and lose $25, but it also takes into account the high rollers who deposit and lose $10,000 a month for months at a time.

The other arrangement is called revshare, or revenue sharing. In this arrangement, the casino pays the affiliate a percentage of the players’ losses for the lifetime of the player. This amount varies, but it hovers around 25%. Big affiliates can demand higher revshare percentages.

So if an affiliate refers a player who deposits and loses $10,000 a month, he gets $2500 in commission each month.

But affiliates on revshare also have to take into account the amount of money their referred players win. If that $10,000 a month high roller gets on a hot streak, he can wipe out the earnings from the other dozen or 100 players the affiliate has referred.

So far we have a flat fee of $12,000 a month going out the door. We’re also seeing 25% of the casino’s wins being paid out in commissions, and we have 15% royalties going to the software provider.

Casinos also have to pay for customer service and hosting. Let’s assume you can operate a world class customer service department using offshore labor and spending only $5000 a month.

Let’s also assume that a casino is using its own secure server. I don’t have a lot of experience with Web hosting for sites with this kind of traffic or that sites that use so much bandwidth by hosting games, but I’m going to assume it’s expensive, but not too expensive. I’m going to call it $2500 a month. And if I’m way off on that estimate, let me know in the comments section.

So now we have almost $20,000 a month in fixed expenses, and we have 40% of player revenue accounted for on top of that. So just to break even, an online casino needs to earn enough money so that 60% of its earnings equate to $20,000 a month.

So we’re looking at a minimum casino win of at least $33,000 a month just to break even.

The size of the online casino market is roughly $40 billion or $50 billion a year. That’s about $4 billion a month.

If we take the number of online casinos in operation, and divide that $4 billion by the number of online casinos in operation, we’ll have an estimate of how much an average online casino makes. The reality will be far different, but that’s a starting point, anyway.

The best known source of information for online casinos is CasinoCity, especially when it comes to managing a database of properties. When I look at their list of online casinos, I initially only get 205 properties, but my settings only allow me to see casinos which operate in English, accept players from the state of Texas in the USA, and which accept US dollars.

When I change those preferences to “ANY” across the board, I get a list of over 3600 casinos.

Let’s assume that CasinoCity isn’t perfect and has left 400 casinos off their list. That means we have 4000 online casinos generating $4 billion in revenue per month.

$4 billion divided by 4000 is $1 million.

Does that mean every online casino makes $1 million per month gross?

No.

I’m sure the Pareto principle applies here as well as it does everywhere else.

The top 20% of online casinos probably make 80% of the profits.

So we probably have 800 online casinos generating the bulk of that money, while the other 3200 casinos make up a relatively small amount of that money.

Still, let’s assume that the $1 million a month is the number

It’s impossible to provide an entirely accurate estimate of how much money an online casino makes each month. Suffice it to say that even with the high expenses involved in running such a business, the Internet gambling sites offering casino games make plenty of money.

[williamshennie9]

Eddie has announced that Stake is at about break even in terms of profit. However, I seriously doubt that, since they have more and more promotions, and seem to be making more profit than ever before.

[CntryBoy]

As mentioned, Eddie has said that Stake is about breaking even or slightly in the red.  But honestly who knows?  Stake has been growing exponentially with more and more players signing up and playing.  As many promotions, giveaways, raves and challenges that go on almost constantly, I find it hard to believe that they are not making much, if any, profit.  I would have to imagine that Stake is doing just fine as far as profit goes, but I'm not sure any of us will ever know for sure.

[Kingcashedout]

i dont know how much stake makes but im sure they make a whole lot of fucken money, i know  i deposit a good amount and  thats nothing theres people that depossitt like thousands and thousands in short periods so i can imagine.  theres alot of money deposited here and alot of money wagered and from experience  i know they dont pay out very much so im sure stake is rich as fuck........reall reall high rollers 

[bobdole]

Probably more than just factoring in the house edge. Take a look at almost anyones statistics, mostly deep reds. I was curious about this before and I figured it would be possible to make a program that would look up every bet and track the profit stake makes in a day. I wouldn't know how to do this however but just an idea if anyone has those skills and are curious.

[Aazzah]

I have no idea... But, they definitley do get a fair bit of cash. It is a popular site and I do reckon they get a bit of cash from it