$$$$$$$$$$

[MattyG]

Ever wonder how much money stake is bringing in each month, and clearing? Well I was wondering this after I added up the top 10 places from the stake 24 hour race one day. Just the top 10 players on stake are wagering $100m/day or about $3billion per month… so I thought I’d do more some math. 
 

According to stakes own numbers, in the last 4 weeks, stake users have wagered between $10 - $15 billion depending on how many people get extra weekly for verification etc. Lets be conservative and say it’s $10 billion. At a 1.5% house edge this is $150 million. At 2.25% house edge it’s $225 million. At 3% it’s $300 million. 
 

Then they’ve  got Advertising, Prob a couple lawyers, labor, and benefits to players in bonuses, reloads, rakeback, monthly etc. No clue but just educated guess all these maybe cost $50m.  I would estimate stake is clearing around $100m per month in profit minimum. What do you guys think???

 

i can tell you, that they ended April with 2400 more bitcoin in their wallet than they started with. Imagine they’re pulling 9 figures profit a month, and can’t give us but scraps and treat us like dogshit!

[ALEisaias]

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