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Monthly bonus


jjoonne

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Posted
15 minutes ago, smyrna01 said:

I believe they will be sensitive about this and fix it.

I am not quite sure there is anything to fix. Apparently all bonuses are calculated in crypto (bar the level up one)

 

While people got the same amount in crypto they simply got less in dollar value and thats where the issue/confusion is coming from.

 

If you take the bonus you received and add some middleground crypto value from the last 1,5 months you are probably a lot closer to your "expected value".

Posted
4 minutes ago, goldmansachs89 said:

by the way my lovely @Edward this stuff here:  

- Rakeback on every bet
 - Weekly bonuses
 - Daily (Or hourly) reloads
 - Level up bonuses
 - Extra's from VIP hosts

has absolutly nothing to do with our monthly bonus. If i get monthly bonuses before this shitty bonus correctly, and now something went wrong and especially the high rollers tell you the facts, you have to agree and doublecheck what went wrong with the monthly payout and dont wangle it to the other "bonuses".

 

Yeah they do.  

When Casinos give you bonuses based on your play, they're really just refunding you a piece of the house edge.  All of those bonuses listed are just pieces of the house edge being returned to you. 

Monthly, weekly, reloads, level up, are all cut from the same place: the house edge. Weekly is always .1%, monthly is .05-.1% , level ups and reloads make up another couple tenths of a percent.  In the end they end up giving back about 0.5%, which is half of the house edge for most stake originals.

Posted
6 hours ago, mementomori said:

Monthly was disappointing to say the least. I'm self excluding myself today.

You say this everyday on the forum^^ just do it then LMAO

Posted
1 minute ago, stc4 said:

I am not quite sure there is anything to fix. Apparently all bonuses are calculated in crypto (bar the level up one)

 

While people got the same amount in crypto they simply got less in dollar value and thats where the issue is.

 

If you take the bonus you received and add some middleground crypto value from the last 1,5 months you are probably a lot closer to your "expected value".

the can´t calcualte the value in coins, if yes they did something wrong, usually you would get almost 1:1 from the tickets you wagered over last 30 days, now we had 16/17 days increased and thats even less as the monthly bonus before? makes no sense at all.

Posted
3 minutes ago, stc4 said:

I am not quite sure there is anything to fix. Apparently all bonuses are calculated in crypto (bar the level up one)

 

While people got the same amount in crypto they simply got less in dollar value and thats where the issue is.

 

If you take the bonus you received and add some middleground crypto value from the last 1,5 months you are probably a lot closer to your "expected value".

Yep. The value of crypto today is on avg 25% less than it was in november.

Posted
19 minutes ago, pdmpk said:

Those Germans complaining here is just sad and ridiculous at the same time.. the formula is the same as always, it's always around 50 cents per 1000$ wager, and it is like that for months now.

Instead of complaining be happy with what you got and learn mathematics and to my german friends please please learn proper english if you want to take part in an english speaking forum and cry like children because you fell mistreated even though stake treats us very well.

*feel

Posted
1 minute ago, goldmansachs89 said:

in germany, casino gambler call this behaviour : "SKEM"

Not saying it`s right. But on the upside. Stake also lost 25% of their value in crypto. 😂

Posted
7 minutes ago, stc4 said:

I am not quite sure there is anything to fix. Apparently all bonuses are calculated in crypto (bar the level up one)

 

While people got the same amount in crypto they simply got less in dollar value and thats where the issue is.

 

If you take the bonus you received and add some middleground crypto value from the last 1,5 months you are probably a lot closer to your "expected value".

I disagree with you man.
1.7m$ wager should not make 900$ monthly bonus.
This is what everyone is complaining about

If no action is taken by the authorities, the player may lose.

Posted

4mill wagered got 1.7 bonus i got more in november with 1.5k wagered now i know of another 20 plus players are ready o leave and im sure many more alot of people lost out on christmas the rtp was turned down and if you havent noticed was speed up just shocking and i think it needs investigating now its a jokeeeeeeeeee

 

 

Posted
15 minutes ago, smyrna01 said:

I disagree with you man.
1.7m$ wager should not make 900$ monthly bonus.
This is what everyone is complaining about

If no action is taken by the authorities, the player may lose.

 

We all dont know the formula so monthly bonus was always a guess game and is hardly comparable player to player (win/loss, different games played (different house edge) and whatnot).  Imho the scenario I mentioned earlier is the most logical at the moment (I dont claim to be 100% right though 🙂 just a best guess) in my case it adds up to where I would have expected my monthly to be.

Posted
17 minutes ago, stc4 said:

 

We all dont know the formula so monthly bonus was always a guess game and is hardly comparable player to player (win/loss, different games played (different house edge) and whatnot).  Imho the scenario I mentioned earlier is the most logical at the moment (I dont claim to be 100% right though 🙂 just a best guess) in my case it adds up to where I would have expected my monthly to be.

And thats the core problem right there. The formular not beeing made transparent. This is the reason many player think this monthly is miscalculated. Because in the past the monthly payout was rather consistent with the basic rule of thumb that you get 0.5-1$ per 1k wagered/ticket.

 

This monthly is the first one to widely deviate from that rule of thumb. And without any reasons brought forward by stake, or eddie for that matter, and not the slightest intention to make the formular more transparent, or atleast trying to adress the complaints brought forward by the players instead of feeding them some basic copy paste text - this looks just suspicious and shady.

 

So I hope you take your players more serious and explain this situation in a proper way.

 

The size of your playerbase will greatly depend on you handling the situation professionally. 

Posted

My vip host said any bonuses they give you throughout the month takes away from the monthly. So in every possible way the 45 day monthly was a big joke. Stake marketing is by far the worst in almost every single thing they do. 

Posted
12 minutes ago, Teebee89 said:

My vip host said any bonuses they give you throughout the month takes away from the monthly. So in every possible way the 45 day monthly was a big joke. Stake marketing is by far the worst in almost every single thing they do. 

Screenshot needed!

Posted

here, thats what my Host said about the monthly scandal: "

Hello again 👋

I have received the confirmation from the Markeiting Team that the amount was appropriate for you based on your level and wagered since previous monthly bonus, so everything appears to be in order here 😇🙏

Cheers! "

 

@Edward disappointed from head to toe with that monthly Eddie, hurts! 💔

Posted

I dunno because they never exactly specify how monthly is calculated just that wagering and apparently profit/loss I think is also thrown into the calculation.  All I know is I thought my monthly was a little on the lower side considering it was 45 days of wagering and I haven't decreased my wagering really at all but I also don't really care because it's literally free money that I get every month and every week to curb my thirst for gambling.  So I don't get why so many people complain about stake when they literally give you FREE money and you never have to wager x amount of dollars before being able to withdraw which pretty much any and every other online casino will have you accomplish before even considering allowing you to withdraw.  I do however feel that maybe there would be more trust put into everything if people were aware of how these bonuses were calculated because that is what makes it seem a little sketch every now and then.  But again FREE MONEY so why is everyone complaining?

Posted

What stake does not provide..

- clear understanding and transparency on how bonus payout is calculated

- clear understanding on when to anticipate bonus payout

- quality customer care

- transparency

They advertise that they provide the best bonus/player incentives and fail again and again to live up to this.

There fucking snakes here. 

They will play with your amount wagered based on what $ amount is convenient for them at the coins trading price. 

scam scam scam scam run

 

Posted

The only thing i can think of that went wrong is they calculated our monthly wager for the whole 47 days on the last day, which means that they calculated when crypto is down quite a bit since DEC 1st, so yeah if u wagered for example 100k from dec 1st to lets say dec 15th when crypto was up, then crypto went down since then and the system calculated our total wager for last 47 days when crypto is down thats why perhaps the missing amount of our bonus, i dont know this could be the case, 

But yeah if thats the case then thats pretty messed up, i mean each bet you make should be calculated with the formula and stored in their system at the time it was placed and at the current crypto market price, but if they calculate it whenever  they want when crypto is down and all your monthly wagers in satoshi form calculated on the day of the bonus when crypto is down makes sense we got ripped off.

Posted
32 minutes ago, NoobKid220 said:

I dunno because they never exactly specify how monthly is calculated just that wagering and apparently profit/loss I think is also thrown into the calculation.  All I know is I thought my monthly was a little on the lower side considering it was 45 days of wagering and I haven't decreased my wagering really at all but I also don't really care because it's literally free money that I get every month and every week to curb my thirst for gambling.  So I don't get why so many people complain about stake when they literally give you FREE money and you never have to wager x amount of dollars before being able to withdraw which pretty much any and every other online casino will have you accomplish before even considering allowing you to withdraw.  I do however feel that maybe there would be more trust put into everything if people were aware of how these bonuses were calculated because that is what makes it seem a little sketch every now and then.  But again FREE MONEY so why is everyone complaining?

Because they incentivize people to gamble here based on there VIP levels and bonuses. 

Idk why people don't understand that concept.

Yet they fail to be transparent and form a clear dialogue with the player base on EXACTLY HOW this works.

Why would they NOT disclose this information is what you need to be asking yourself. 

2 minutes ago, steamingpolak said:

The only thing i can think of that went wrong is they calculated our monthly wager for the whole 47 days on the last day, which means that they calculated when crypto is down quite a bit since DEC 1st, so yeah if u wagered for example 100k from dec 1st to lets say dec 15th when crypto was up, then crypto went down since then and the system calculated our total wager for last 47 days when crypto is down thats why perhaps the missing amount of our bonus, i dont know this could be the case, 

This is exactly what they do.

And why there is no exact date.

Its convenient for them when the coins value is down.  

Posted
8 minutes ago, ebender7289 said:

Yet they fail to be transparent and form a clear dialogue with the player base on EXACTLY HOW this works.

If they were, players would wager the minimum to achieve the maximum amount in bonuses.  They have different tiers that get you a minimum bonus.  For example everyone that wagers over $120k gets at least a $100 monthly (this is a made up example but its likely not far from reality).  If this exact number would be known, you'd have people wager $120,001 and then stop for the month.

Remember, the only reason any of these bonuses exist is because they result in Stake making more money.  

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