Is race a profit ?

[Kate]

Ok so you know that stake holds races like everyday or so right ? And the races last for a couple of hours and the first one was for a couple of days. The races award top players quite some bitcoins for winning .

But i was thinking is the race just a profit for stake ? Cause you know the high wagers like 3 bitcoins and all so the person who wagered that amount could have lost like maybe half of it.

What do you guys think do you think that it is a profit rather than a giveaway ?

[Gess069]

Well as I see here most of the people what I heard and saw lose their money and then take like the half of their lost money. For Stake all I can say it’s profitable but generous from them too. High Rollers in Stake those who wager big and get top 10 places at races I think it’s not profitable for them because higher bets you make chances for winning drop down. 

[OlegBarca]

Well. i think the race is more about fun, its hard to be in profit. but its not unreal. depents an your luck in this day. and depent what game and what strategy you use. if you play 1.01x on dice or limbo. you will go down. slowly. but down. baccarat also is good for slowly down. some people use 2x. but its more risk. but you have some chache to be in good profit with 2x  

[HighDamage]

The race is very exciting because it can see High Roller defenders hunting each other in the top position. Regarding the profit or not, only he (the Racers) knows that, if he wins + has a lot of wagers like getting a Giveaway / Bonus from their wager  

[unilorin]

It is not a place for the poor, I think the top 10 people will have a way to get back the lost money from wagered

[Carollzinha]

Does this screenshot answer to your question? 🤔

[Yushee]

First time i joined lost 40k sat won 5k sat🤭🤣 but in next race im won 9k sat without losing balance. it's an exciting game to follow but with an adequate balance.👍😉

[bmg]

Of course it's not a profit .  lol didn't you see the races about a week ago when it was for litecoin the op winners wagered well over 200 ltc just to win 1 ltc can you imagine the amount of money they busted to get that.

[polor12]

like i stated before the race is just for show.. no one has equal ground,. meaning the amount they start with before the race is different.. so the advantage is for the ones that has a bigger bankroll.. If everyone started with the same amount do matter what amount.. as long is the same amount and the only way to reload your bankroll is through rains or rakeback,, thats all.. who ever gets to the highest amount gets that price and so forth.. have the player play equally to be considered as a fair game and real race.. and see who actually playing smart.. if i can make 2k to .2 btc.. without rain or rakeback. what would that considered me. and i have done it more then few times. 

[j240]

Nope not for me all the races i joined i bust  , but yeah if your lucky enough not to bust and have a place x2 profit mostly , thats why i only play before or after races.

[davinmark]

3 hours ago, Kate said:

Ok so you know that stake holds races like everyday or so right ? And the races last for a couple of hours and the first one was for a couple of days. The races award top players quite some bitcoins for winning .

But i was thinking is the race just a profit for stake ? Cause you know the high wagers like 3 bitcoins and all so the person who wagered that amount could have lost like maybe half of it.

What do you guys think do you think that it is a profit rather than a giveaway ?

Yeah i already know it  of course stake wants some profits. i think that is why this gambling sites exist .. that is why we should be clever and not bust when wagering the races contest.  

[Kippo]

Race isn’t a profit. Race is a competition. So competition has win and lost. The more you try harder, the higher rank you will gets. 

[Aazzah]

In my eyes... It isn't because I see a ton of people busting whilst trying to win the race. In my experience too it has been like that, for the amount you wager you dont get much but tbh it is still something but i wouldnt wager 10 btc to get 0.066...

[Mateusz]

Most of the times they probably make profit on it, if u do the calculations behind it, also there was a few highrollers who after the race shared in chat the messages of this kind:

'busted X BTC for this race' or something. And as they keep doing that races it might give them a really nice amount of money

[williamshennie9]

I suppose some users make a profit while racing, but I would most probably bust more than I would win if I joined the races. I think it is good for those with high balances, but not the rest of us.

[cukup2]

 

every race I always fail and lose my ball, and I never win the race contest maybe my balanc is not much or indeed I am not lucky.

[GKD09]

It is more like a reward rather than a giveaway as such. It is just how races were intended to be. The racers work hard and try to make it to the top with all their blood, sweat and tears - well in this case just tears  But then they are rewarded with a medal. But the organizers (hosts) or whatever are the ones that make money. 

If the racer thinks it is not worth it simply don't race. There are some racers who need barely any effort to make it to the top 100 or even top 50 maybe. For them this is a lovely gift. For those who are lucky or profit during the race they end up getting a bonus. But for the most of it, there are losers and many race winners but with a negative balance. Stake for sure earns from races more often than not I'd say but the best part is it actually is fun for the ones participating and also the ones watching. 

4 hours ago, Carollzinha said:

Does this screenshot answer to your question? 🤔

This is just a good example too - not everyone wins but the lucky ones can also get a bonus. Even if Stake always profits, there will always be few people like this^^ who win in both ways.  

[3kpk3]

The house always wins at the end of the day. These races will usually lead to losses majority of the time while it could lead to profits minority of the time. I advise joining them only if you are willing to lose all of your bankroll.

[hanvee]

7 hours ago, Kate said:

Ok so you know that stake holds races like everyday or so right ? And the races last for a couple of hours and the first one was for a couple of days. The races award top players quite some bitcoins for winning .

But i was thinking is the race just a profit for stake ? Cause you know the high wagers like 3 bitcoins and all so the person who wagered that amount could have lost like maybe half of it.

What do you guys think do you think that it is a profit rather than a giveaway ?

tbh i dont think race is profit ,. i always lost everything while doing race and i was doing pretty good before the race.... not only 1 time, i know there many safe way to win it, but my friend ,those busted over 0.1 btc on 99.98% win chance dice, and got nothing from that race also.... that like a trap,. i dont like it

[wngo123]

Quote

But i was thinking is the race just a profit for stake ? Cause you know the high wagers like 3 bitcoins and all so the person who wagered that amount could have lost like maybe half of it.

 What do you guys think do you think that it is a profit rather than a giveaway ?

In my opinion yes it's the best profit for stake, but if people continue to play it then maybe they see this as opportunity to earn money and they do actually win and are happy with what they earned. But looking at the amounts they wagered is really interesting to see and would love to see some statistics on how many people actually loosing the money and how much stake is earning on every race. If they put $2500 award then I guess they need to earn at least this + much more like another $2500 or $2000 in profit from people who lost trying to win the race otherwise they wouldn't put so huge amounts as awards and race wouldn't be here everyday 

[FotisNt]

Race might make you profit once you don't bet on stupid multipliers with higher base bets while you'll end up busting, just like everyone who did that. I guess playing normal might make you win a race as well.

[SLFJ]

Race concept is like to give you more money back, not like to win much, cause TOP racers lose very much of balance, for example: dimalkov streamed a race, he spent 0.25LTC which he ripped in an hour, as for a prize, he got 50th place and 0.00013200BTC, which is not profitable at all, but in the other hand, if you really go with big bets and don't lose much it can be very profitable, just saying that 90% of the time it isn't profitable.

[artizykristy]

this depends on those who play, for those who play looking for big profits definitely get a lot of profits and those who play safe with payout 1.01x I think it's still profit but a little

[yololife222]

Hey, well i think it depends on player if you will profit or not personally i hawent won a single race and when i tried to win always busted all, i hawe seen many people sy that they acctually profit from race and get some more cash forom ut too.

[jinz]

I joined one of LTC race for fun and aside from the prize of being 15th I also got some profit. I think it really depends on how one play during races if you will end up busting or having a profit. I saw a lot of people bust more than what they win on races because they want to have high positions (who wouldn't want to be on top, this is a race, but is being on top worth it?). They want to have high positions so they tend to bet more, betting more also means prone to losing more.