How can someone afford ~10.000$ promos a week?

[jasonboss]

meaning to say sir stake is getting more than 20k per week , much higher, coz they will not give more money if they dont.

[zulfandina]

in my opinion the meaning is to promote these gambling sites ... they generate a lot of people who bet on stake ... the casino might have made millions of dollars ... where maybe they will lose if only give $ 10,000 to gamblers who registered more than 1300 people ..

This trading system is actually ... sacrificing a little money, to attract consumers to come and bet, after that they will reap tens of times the profit of these consumers ... without any promotion, how people will be interested to stop by and bet on the casino .. . 

[laron]

maybe the stakeholders have taken into account all the possibilities that exist I think the stake is not too loss if you have to spend a lot of money but many players are increasing every day and make big bets maybe it is one specific strategy for stakeholders to attract as many players

[Clubrckr22]

Look at the high rollers bets for an hour take 1% and tell me. They probably can afford a 20k weekly as well.

[markoloko]

that is why i love stake and choose to stay here, this is the best ever i have visited hoping to get better and stay longer.

[niki014]

oh they sure make more then 20k per week 
but 
race isnt giveaway
they are getting back 1% of the bets made while race 
and to be on first spot in saturday u need to have wager of +20 btc to win like 0.15 btc 
yeah people might win while the race but thats just a few peeps other are losing 
tho there is this people who wager a lot with cup and take a good place in the race wihtout losing the cup and getting extra 25 bux for placing in top 50 
now those are the real winners  

[allisonn]

Why ask how? If they can do it let them do it, I doubt they are worrying much about these things. Gotta spend money to make money. This could just be an early step in the plan, they are doing well and there's much more to come.

If anything I would be asking myself how much other similar sites with mediocre promotions are holding back and just running away with sackfuls of cash.

[SzymekJa]

okey

[LuckyP]

3 hours ago, cukup2 said:

here we can see how enthusiastic many coin owners like to waste their money when the race goes on and not a few of them are tolerating losses, I see many people who get the top 10 but their profits are mostly minus and it has been seen that stake give a big prize every week closed in just 1x race

That's right, because I myself, when competing in the top 100 in almost every round, but most of the profits are negative.

[Babagucci]

On 8/9/2019 at 6:01 PM, Snike said:

"How can someone afford ~10.000$ promos a week?"

This is the question that's going through my mind when I think about stake's evolution over the last year. At the beginning their main costs were the faucet and forum giveaways. Nowadays they do 5000$ races on the weekend, daily up to 1000$ telegram challenges and throughout the week there are like 1000$ forum giveaways and stuff. 

But how can one afford to spend like 10.000$ every week and not go completely broke. This makes me thinking about stake's possible weekly income. It has to be over a constant 20k $ if they can give out 10k $ a week without worrying. I also think stake relies on the winners of those challenges to just bet the won money and maybe even get it back from the players

 

What do you think, whats behind the high amounts of money given out by stake every week? Is it all a plan or is stake just rich af right now? 

You just gave the answer to your own question. $10,000 is not a lot of money in the grand scheme of things because most of their high rollers drop that in a day. 

And yes all those winnings that are paid out with races and promos are given right back. Most the players competing in these races are spending a lot more than what they are actually winning.

[chankhoreID]

In my opinion stake is the biggest online casino at the moment and if it is seen to hold a challenge race giveaway and others that require a lot of capital, the stake may also have provided capital to make the players feel at home playing on its site. in my opinion stake is an online gambling site that always pays attention to the players who always give a giveaway to us or promos made by stake and it is only to promote stake so that more players. there is no good online gambling site besides stake for now in my opinion.

[ivanyawa]

So it’s very cool. that the guys can afford to give out such pretty decent amounts. They are good and the players. Everything is very honest. I like that.

[Vlademore]

It doesn't seem like that because the online casino has a large stake and I think your judgment is wrong. actually it's good to open if many giveaways and challenges in my opinion we are not too monotonous when playing because we can play in the challenge or race. Stake is more concerned about players compared to other online gambling sites in my opinion. that's why I am very comfortable playing at stake until now.

[cryptonesiac]

I think they make good money on races and other challenges

Sometimes I wish I owned Stake for a month...

[Jeazelle]

I think stake they just back the people money loss everyday, And they have a profit too Imagine if there's a mega race you can see people top 1 to top 10 there wager almost 
50 BTC a total and their profit negative.

[wopsow]

If someone not only think their casino's profit, think profit and user's happiness can afford

[sheenazbay]

the money that is distributed every week, whether it's the weekly forum giveaway challenge, or the daily reward race and mega race, everything to me is only a small part of the profit that the stake gets. whether it's from HE and the defeat of the users. it will not make stake bankrupt. stake get profit far greater than what they share to us all. at least the stake is still willing to share to all users even though they have gotten a large profit