Weekly boost/monthly bonus values

[Thepug]

I was in the PrimeEdd (Eddie) stream today and he said how much they give out:

Weekly boost = $35000 given out in total

Monthly bonus = $100000+ given out to players

He goes on to say that they spend this money instead of marketing, to keep players on the site and they actually get more back than what they give away

Below is the Twitch clip for anyone that wants to see it  

 

[barbaris]

It seems to me that this is correct. Players need to be stimulated with various bonuses, otherwise they will become bored and they will begin to look for another place for entertainment. A successful brand becomes successful precisely because they do not spare money on advertising and various promotions and bonuses.

[nikowin88]

Hi there, 

First thanks to You @Thepug for reporting info from Éd stream bc I couldnt listen closely to it so it help me get those info. 

Then well it's interesting to know the global value when we often see ppl complaining about the value of their coupons it will maybe help them understanding how much stake is giving away. 

Then well it doesn't surprise me that its a profitable for stake. First bc many of us just bust right away and then maybe deposit to keep rolling. . 

And other aspects is even if for example you wanted to stay away from stake after bust when Saturday comes there's many chances you come back to try your luck with your coupon... So it's obvisouly beneficial to stake..

[ckoch5661]

Yes the above poster @barbaris is correct and also when you spemd that money on the community its more than likely going to come back to you as it is a casino. Either way I can't wait! Should have a decent monthly boost. 

CK

[sheenazbay]

although the site gives bonuses to players, but the site still gets more than what they give. I salute with this site. they still keep the players to remain loyal and always be and feel at home playing here with the bonuses they provide

[Aazzah]

Yesss, it is mind blowing to know how much they actually give out in free money! Very very generous of them to do so. I think this is moree than enough, i do think stake is more than generous at times  

[mhasandx]

i missed today eddie's stream. i remember in 2018 stake doing 250$ giveaway to 100 people every week.  nice marketing strategy to introduce it

[wngo123]

That is actually brilliant idea they do. Most companies are so fixated on getting new customers and they dont care about their current ones. Just look at mobile telecoms. All they want is to give out promotion for new customers. I had no idea that the weekly boost costs 36k and monthly boost 100k. Now I respect stake even more. There seem to be very successful company. 

[Etude]

When you look at it in comparation to many other competitor sites of Stake, this is most generous and smart thing that Stake is focusing much more on the importance of player retention which really keeps the community growing in a good way.

[Jeeves]

Stake is an amazing place, very glad that I can be part of the community. and a really very generous site. although it’s hard to win

[Omerfrom02]

Well, every business would do that for a profit that’s how a business would make profits and increase it’s reputation 😜

Stake is the best casino site at the moment online and it’s amazing how cool the site is.

If you compare stake with some other casino websites stake has a better design layout at first, second stake has an amazing staff which really spend their time to online gamblers, the support is amazing and there are many giveaways, promotions, bonuses, email coupons etc etc which makes Stake the best.

I don’t believe that another casino website would beat Stake in the future, while Stake has this management staff it will never bust 😜

[cryptonesiac]

This is why I love them... you keep getting these small gifts

It's what McDonalds does with kids: give them toys an they'll be coming back even if they're in their 20s / 30s

[Curbi]

Stake is better than others because stake have many events and very generous on bonus/coupon. I can say stake's community is very strong.

[zeriko]

Got to respect the fact that they're willing to risk all that money even though of course they know as much as well as we do that the majority of that money is going to return to them and not only that but players will deposit and wait or even more right after in order to win back the losses entire recover it's kind of brilliant if you ask me steak is pretty fucking amazing

[Ayesha0770]

Eddie choose to give those amount to the players to keep them here in touch and what eddie has said the gain more than what they give

[CntryBoy]

It seems to me that, as Eddie said, they are doing things the right way.  The amount given back to us players is astounding, and wayyyy more than any of the other sites combined.  In any business maintaining customers is the key to success, and in doing so it works as its own form of advertising.  Word of mouth is by far the most effective form...

[Thepug]

6 hours ago, CntryBoy said:

It seems to me that, as Eddie said, they are doing things the right way.  The amount given back to us players is astounding, and wayyyy more than any of the other sites combined.  In any business maintaining customers is the key to success, and in doing so it works as its own form of advertising.  Word of mouth is by far the most effective form...

I definitely agree with you here. I see so many sites that give money out to streamers in the hope that their viewers play on the site, but it doesn’t work like that. Keeping every single player on the site and giving people an incentive to play on the site, is the number one form of marketing and they have seen this through their growth. 

[williamshennie9]

Woah this is some interesting stats. I guess it is a good business move to retain current players as opposed to continuously getting new ones. Great job Eddie on building Stake to what it is today.

[Ali saher]

This is very nice stats and stake owners always give good benefits to users I not see any other site give stake same benefits that's why day by day so many new users join stake because stake benefits good then other sites