Do you agree?

[Vanillex]

So I saw last weeks stream. They upped the wager req for bonuses. And I thought that was a one time thing because they "didn't know better".
But again, same thing this week. You HAVE to wager 5k to be safe for most drops. Used to be 3k or so. Which I got this week. But I don't find it fair 
to not be upfront with the req's and not even acknowledging it. The stream seems pre-recorded at times.

It was fun on stake while it lasted, but I'm out. Not good for any player tbh.
High level - Might get 5k raffle, decent chance, wont make a dent. Get race price (drop in the ocean for a whale). Doesnt care for 2 buck bonus drops or rain.
Medium level - Best one (i think). Some chance in raffle, bonus drops, small race price, higher chance to get picked for vip forum giveaway. Rain.
(Edit: You have this level here.. Which is like meh. Might get a bit of both. But still sucks.)
Low Level - No race price, no bonus drops (unless insanely lucky), low chance at forum giveaway. Next to non-existant chance on raffle. No race price. No rain.

If I forgot something you can add it.
Thanks for reading.

[GotSeven]

How stream can be pre recorded while eddie reading the live chat ? 

Yes to be safe you need 5k wager. 5k is highest limit for wager for the stream drops

[malthael777]

Yes but its not fair for the small gamblers, which were used to boost their overall numbers. Now because they dont need them any more, they are just gonna up those reqs. Shame

[XeroF]

Its gonna be higher soon for sure... prob 8-10k within 6 month  

[Vanillex]

On 7/23/2022 at 4:35 PM, GotSeven said:

How stream can be pre recorded while eddie reading the live chat ? 

Yes to be safe you need 5k wager. 5k is highest limit for wager for the stream drops

Not saying it is. It just seems like that since they obviously ignore reading out real concerns. I noticed i wasn't the only one in chat surprised by the sudden increase on wager req. 
Usually I get all but 1 code (maybe). This time I didn't get a single one. 

 

 

On 7/23/2022 at 4:53 PM, malthael777 said:

Yes but its not fair for the small gamblers, which were used to boost their overall numbers. Now because they dont need them any more, they are just gonna up those reqs. Shame

Not fair at all no. Like, what are we even playing here for if we don't get rewarded for our time and money spent? Since they lowered the rakeback so much too you don't get anything there either as a small player. Shame. I kinda liked this site, except the robot responses on support and constant downtime.

[J-Dawg]

I've always wondered why people care about a couple hundred dollars in bonuses a month and $10 drops when the requirement for obtaining those is $15k+ a month wagered (minimum). That's a lot of money wagered, so you've either won some money, so why care about some pocket change? Or you've lost a ton of money. And if you've lost, that means you are down multiple thousands. So again, if you can afford to lose that kind of money, why would you care about a $10 drop?!

You summed it up nicely @Vanillex, it just makes no sense. The only scenario that I can think of that has some reason why people so thirsty for these bonuses, is that they couldn't afford to lose that money, and they're desperately seeking to chase their loses anyway possible. Ok, so there's always going to be a few people like that. But the streams are 3000 people+ viewing it, all thirsty for some drops that won't even get you a decent round of coffees on a morning.  Are the levels of pure degeneracy that high? That's perturbing if so, so let's just hope and assume that's not the case. Schrodinger's Gamblers, if you will

 

[dollartree1]

2 hours ago, J-Dawg said:

Or you've lost a ton of money. And if you've lost, that means you are down multiple thousands.

If people don't wager like a complete degen and go All-in every bet, or play games like dead or a wild, one could easily wager 1000s of dollars with 1 $100 deposit.  And although I give the human race too credit most of the time, I highly doubt a large group of people are wagering just to be able to claim bonus codes later on.   I think most wager because they like to and if later on in the week can claim a few bonus codes, great.  They're exactly that.  BONUS codes.  Anyone who says they are betting $1000s for the sole purpose of collecting a couple 3$ codes are just making excuses for their addiction. 

[Andreag89]

I honestly agree on 50% of that, to make it fair they should split it in 2:

some codes with low wager requirements (and obviously low drop) and some others with a higher one (with of course a higher drop, as the 28$ they kept for last one the stream - not gonna lie, been quite lucky to catch that)

all that been said, in the end it all comes to the way you play/wager. 
as the casino “motto” states: “Play Smarter” 

if you know the right way you can wager thousands and thousands with just 50$ or less.

 

[J-Dawg]

Or of course, we could just think the worse and just say, yeah, teenagers watching influences then getting some bright idea which ends up with losing tens of thousands in one night of their parents money who are literally just asleep in the next room. But I joke, that could never happen, what sort of young people would try and emulate anything they see on social media, that would be stupid.  It's far more likely to be these guys looking for the juice... 

[Vanillex]

6 hours ago, J-Dawg said:

I've always wondered why people care about a couple hundred dollars in bonuses a month and $10 drops when the requirement for obtaining those is $15k+ a month wagered (minimum). That's a lot of money wagered, so you've either won some money, so why care about some pocket change? Or you've lost a ton of money. And if you've lost, that means you are down multiple thousands. So again, if you can afford to lose that kind of money, why would you care about a $10 drop?!

You summed it up nicely @Vanillex, it just makes no sense. The only scenario that I can think of that has some reason why people so thirsty for these bonuses, is that they couldn't afford to lose that money, and they're desperately seeking to chase their loses anyway possible. Ok, so there's always going to be a few people like that. But the streams are 3000 people+ viewing it, all thirsty for some drops that won't even get you a decent round of coffees on a morning.  Are the levels of pure degeneracy that high? That's perturbing if so, so let's just hope and assume that's not the case. Schrodinger's Gamblers, if you will

 

Like the guy under said. If you're ONLY after wager, then play smart. But the thing is, I play to have fun. And it was and awful couple of weeks for me now. And so my wager wasn't quiet enough to get a small chance a winning something. But I don't care too much about winning, I just want some cash to have fun. If i were ever lucky enough to win a couple grand, I always cash out. No need to go yolo 😂

4 hours ago, dollartree1 said:

If people don't wager like a complete degen and go All-in every bet, or play games like dead or a wild, one could easily wager 1000s of dollars with 1 $100 deposit.  And although I give the human race too credit most of the time, I highly doubt a large group of people are wagering just to be able to claim bonus codes later on.   I think most wager because they like to and if later on in the week can claim a few bonus codes, great.  They're exactly that.  BONUS codes.  Anyone who says they are betting $1000s for the sole purpose of collecting a couple 3$ codes are just making excuses for their addiction. 

Very well said mate. Just wagering for the sake of gaining some small drops and VIP level is ridiculous. Tbf, I did force wager when trying to reach gold. But after that I just play for fun. But hard to do that when you get nothing back. 

 

4 hours ago, Andreag89 said:

I honestly agree on 50% of that, to make it fair they should split it in 2:

some codes with low wager requirements (and obviously low drop) and some others with a higher one (with of course a higher drop, as the 28$ they kept for last one the stream - not gonna lie, been quite lucky to catch that)

all that been said, in the end it all comes to the way you play/wager. 
as the casino “motto” states: “Play Smarter” 

if you know the right way you can wager thousands and thousands with just 50$ or less.

 

I was about to add this, about small and bigger drops. But I feel like that will never happen anyway. Would be too much work for them to do that. Besides, then people with large amount of wager could just grab all codes. Unless they implemented some way to claim only at a certain VIP level. Oh well, guess we'll never know.

[Al3x89]

Well for me I actually would prefer a higher wager requirement with a higher bonus drop. However, the 7 usd is a bit shit , they should increase that as well . 

[dupeddonk]

 

8 hours ago, J-Dawg said:

I've always wondered why people care about a couple hundred dollars in bonuses a month and $10 drops when the requirement for obtaining those is $15k+ a month wagered (minimum). That's a lot of money wagered, so you've either won some money, so why care about some pocket change? Or you've lost a ton of money. And if you've lost, that means you are down multiple thousands.

You really think everyone that wagered $15k+ for the month is either down multiple thousands or winning?  

[jmrtgnzlo]

hell nah i disagree

[J-Dawg]

5 hours ago, dupeddonk said:

 

You really think everyone that wagered $15k+ for the month is either down multiple thousands or winning?  

Yes, basic math. The more bets you make the greater your risk of blowing your bankroll. As quoted from the reputable source Investopedia:

"The longer you play, the greater the odds are that the result of your play will match up with the house edge. A player may well be ahead in the short term, but over the long haul, the house edge eventually will grind them down into unprofitability.

Many people who are aware of the house edge still don’t really grasp its implications for their bankrolls. They believe that the roughly 5% edge that the house has at the roulette table means that they can reasonably expect to sit down with $100, gamble for a few hours, and the odds are that they will only lose about $5. They fail to understand that the house edge applies not to their starting bankroll but to the total amount that they wager.

For example, assume a person is making $5 bets on every spin of the roulette wheel, and the wheel spins 50 times an hour. While the person betting may be winning some bets and losing other bets, they are wagering $250 an hour. If the house edge plays out perfectly, at the end of four hours of play, they lose $50, or 5% of $1,000—an amount 10 times greater than they had expected."

So for people who are claiming that they regularly wager $1000s of dollars with only a small bankroll, it's just not mathematically probable. If people actually kept accurate accounting of their betting, they would have a much different and more realistic bias in which they could then use to make better and more informed decisions when it comes to gambling.

Or, a person can just own it instead of the stories they tell themselves to fend off the uncomfortable cognitive dissonance and admit they love playing the games, and they're going to keep playing degeneratly until they hit life changing pay-dirt, or they hit bust town. And the 0.02% that hit that life changing huge win, they're just going to eventually give it all back to the casino anyway.

No one ever got, anywhere in life, without discipline and strategy. I don't make the rules, as if I did, every player on Stake can have a Lambo and Eddie can just have a nice house, not a  $40 million dollar mansion. As that's what the players wagering away paid for. 

On a side note dupeddonk, what was the house warming party like? Was there a barbie, and did shrimps get chucked on them?

"A 26-year-old cryptocurrency casino king has been revealed as the buyer of a Toorak knockdown rebuild that sold for almost $40m.

Stake.com co-founder Edward ‘Ed’ Craven purchased the extravagant Toorak Garden Residence on Orrong Rd in an off-market private sale early last week."

https://www.realestate.com.au/news/ed-craven-26yearold-stakecom-founder-buys-38m40m-toorak-mansion-off-development-boss/

 

 

[dupeddonk]

1 hour ago, J-Dawg said:

Yes, basic math.

There is no basic math that prevents someone from being down, say, $500.

1 hour ago, J-Dawg said:

The more bets you make the greater your risk of blowing your bankroll. As quoted from the reputable source Investopedia:

Ok, but you said anyone that's down after wagering $15k is down at least multiple thousands of dollars.  

Lots of (not very smart) players like to wager 'just to wager' and make very low variance bets.  They're only going to be down around 1% of $15k. (That's $150)

Looking forward to the rambling insults. 🍿

[hieu889]

i agree

 

[pascalwl3]

I agree make bonus drop 1k wager again. And one coupon should be at least 5k claims since Stake gained so many new players.

[Fanta13]

Yes I agree to be safe at lees 5k wager, do not be reprise one of these days it will be 5k to 10k .🙈

[Caubiau]

11 hours ago, J-Dawg said:

Or of course, we could just think the worse and just say, yeah, teenagers watching influences then getting some bright idea which ends up with losing tens of thousands in one night of their parents money who are literally just asleep in the next room. But I joke, that could never happen, what sort of young people would try and emulate anything they see on social media, that would be stupid.  It's far more likely to be these guys looking for the juice... 

Lmao this meme