Casinos Stake.com Active 2131444 views View on BitcoinTalk

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Bitcoin is above 9000$ now but how it is linked with gambling with stake ?

The higher bitcoins get, the more gambling chips you get dollar-wise.

If you have 1 btc, you can now gamble $9k on this casino. If btc was $1k, you would only have $1k to wager and your profits will be lower too.

I do not think if gamblers think like this. There are two types of gamblers.
One who do not see the dollar value and focus on the satoshi being gambled. The bitcoin prices have no effect on these type of people as they will continue betting the same amount.
Second type of people are those who look at the dollar value and if they want to bet like 10$ they will convert it in satohsi at current rates and bet it. This way the total satoshi's bet will be lower in days when bitcoin prices are higher.
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Bitcoin is above 9000$ now but how it is linked with gambling with stake ?

The higher bitcoins get, the more gambling chips you get dollar-wise.

If you have 1 btc, you can now gamble $9k on this casino. If btc was $1k, you would only have $1k to wager and your profits will be lower too.

I do not think if gamblers think like this. There are two types of gamblers.
One who do not see the dollar value and focus on the satoshi being gambled. The bitcoin prices have no effect on these type of people as they will continue betting the same amount.
Second type of people are those who look at the dollar value and if they want to bet like 10$ they will convert it in satohsi at current rates and bet it. This way the total satoshi's bet will be lower in days when bitcoin prices are higher.

Agreed, It all depends on how you look at it. Some people want dollars, some people want more bitcoins. If more bitcoins is what you want then dollar value against bitcoin is not important but I am sure not everybody sees it like this. Some people are indeed after more dollars rather than making more bitcoins.
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Currently passed the $9.000 BTC!
How are you gambling with Stake right now?


Yes, this is a great news for all of us! Now waiting for $10k.

Regarding gambling with Stake, it's business as usual. Losing to Mines, while hunting huge multipliers, and then winning it back on Slots:



🎉[1 BTC] 15 Billionth Bet Challenge|Minimum Reward Guaranteed!
~

I just checked, and I can say that currently around 1,000 bets per second are made on Stake. Which means that with, roughly, with 14,671,000,000 bets already made ...

15,000,000,000 - 14,671,000,000 = 329,000,000 (bets left)

329,000,000 ÷ 1,000 ÷ 3,600 = 91.388888889 (hours left)

or  91.388888889 ÷ 24 = 3.8 days left till the 15 Billionth Bet.

But maybe the closer to the date the more bets will be made per second, and then the the 15 Billionth Bet will be made much sooner than that.

Finally you got the right calculation I read your previous wrong calculation and I was going to reply it but when I wanted to quote it, you have deleted it lol.

I can confirm that. For once I decided to delete my post(normally I try to avoid this action by all means) and you were here to quote it. Thank you for not quoting my wrong post!

It can be faster especially there are races every single day, I can say that the number of bets is increased significantly during races.
There will be Mega race as well on Saturday so I guess the 15 billionth bet will be reached on before Sunday.

And yet we are at 14,860,000,000-ish bets currently. So, I think it can take two more days.
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Bitcoin is above 9000$ now but how it is linked with gambling with stake ?

The higher bitcoins get, the more gambling chips you get dollar-wise.

If you have 1 btc, you can now gamble $9k on this casino. If btc was $1k, you would only have $1k to wager and your profits will be lower too.

I do not think if gamblers think like this. There are two types of gamblers.
One who do not see the dollar value and focus on the satoshi being gambled. The bitcoin prices have no effect on these type of people as they will continue betting the same amount.
Second type of people are those who look at the dollar value and if they want to bet like 10$ they will convert it in satohsi at current rates and bet it. This way the total satoshi's bet will be lower in days when bitcoin prices are higher.

Agreed, It all depends on how you look at it. Some people want dollars, some people want more bitcoins. If more bitcoins is what you want then dollar value against bitcoin is not important but I am sure not everybody sees it like this. Some people are indeed after more dollars rather than making more bitcoins.

In case anyone thinks that bitcoin is too precious or is too expensive, he can always use Doge to play gambling. I often use Trx and doge while gambling on stake.com and also you can save transaction fees too if you use these two coins for gambling.
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Stake is offering the best odds on the McGregor fight this Sunday, we've cut our margin on this to 0% so if you're looking to take a punt on it we are offering the smartest way to do so.

https://stake.com/sports/mma/ufc/ufc-246-las-vegas/4360725-mcgregor-conor-vs-cerrone-donald

Even I bet on it

I lost but it was fun 30sec
I honestly wasn't expecting that fight to be so quick. Of course, McGregor is not a bad fighter and he was favorites to win this fight however I wasn't expecting him to be as good as how he used to be. Both because he got older, of course he can't be as good as himself 5 years ago, however he did looked like he didn't aged much, plus he wasn't fighting for the past 15 months so I was expecting some rust.

These type of good hitters usually look great on quick games tho, like if they can get their hits in, they are very good, whenever time goes longer and opponent stays around for one round or two, they start to get tired and start to have bad punches and get beaten. That is how Khabib beat him, took the punches and tired him out. Lets see if McGregor and Khabib will be fought again or not.
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Report to moderator
Stake is offering the best odds on the McGregor fight this Sunday, we've cut our margin on this to 0% so if you're looking to take a punt on it we are offering the smartest way to do so.

https://stake.com/sports/mma/ufc/ufc-246-las-vegas/4360725-mcgregor-conor-vs-cerrone-donald

Disappointing 40 seconds for those like myself who bet on cowboy :|
Report to moderator
Stake is offering the best odds on the McGregor fight this Sunday, we've cut our margin on this to 0% so if you're looking to take a punt on it we are offering the smartest way to do so.

https://stake.com/sports/mma/ufc/ufc-246-las-vegas/4360725-mcgregor-conor-vs-cerrone-donald

Disappointing 40 seconds for those like myself who bet on cowboy :|

Lol we are in the same boat. I also bet on cowboy.
Report to moderator
Stake is offering the best odds on the McGregor fight this Sunday, we've cut our margin on this to 0% so if you're looking to take a punt on it we are offering the smartest way to do so.

https://stake.com/sports/mma/ufc/ufc-246-las-vegas/4360725-mcgregor-conor-vs-cerrone-donald

Disappointing 40 seconds for those like myself who bet on cowboy :|
Yeah but the fastest way to win for those who put McGregor 1st round win @3.10x odds!

Australian Open money back promo on the sports betting is very tough we need to be very lucky to win the money back. As per the rules, only the first bet is eligible for the money-back and the player we betted on has to lose the match after winning the first two sets. The money-back promo could have been designed better.
It does look quite difficult with the first two sets needing to win on the mens side.



Remember with Australian open they have best of 5 for mens and best of 3 for the womens.
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Australian Open money back promo on the sports betting is very tough we need to be very lucky to win the money back. As per the rules, only the first bet is eligible for the money-back and the player we betted on has to lose the match after winning the first two sets. The money-back promo could have been designed better.

You normally do not find gambling sites giving the money back offer if you lose a bet. This is the first time i am seeing this offer, although the conditions for this are though, but it is still better to have it on stake.
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Australian Open money back promo on the sports betting is very tough we need to be very lucky to win the money back. As per the rules, only the first bet is eligible for the money-back and the player we betted on has to lose the match after winning the first two sets. The money-back promo could have been designed better.

It's basically protection against a bad beat, which is pretty nice to have. These promotions aren't really designed to give free money 24/7. I don't see a problem with only the first bet being eligible per match, as most people are only placing one bet per match anyways. That restriction is there so that people don't spam bet $50 on the same outcome to bypass the limit restrictions.

Mens side is a bit harder to hit, but if they are 2-0 up, chance are your bet wins anyway. I think there's a ton of value with WTA as it's not too uncommon for a player to win first set and then proceed to lose the next two.
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Australian Open money back promo on the sports betting is very tough we need to be very lucky to win the money back. As per the rules, only the first bet is eligible for the money-back and the player we betted on has to lose the match after winning the first two sets. The money-back promo could have been designed better.

You normally do not find gambling sites giving the money back offer if you lose a bet. This is the first time i am seeing this offer, although the conditions for this are though, but it is still better to have it on stake.
There is this one which is giving free bets https://bitcointalk.org/index.php?topic=5208617.msg53658325#msg53658325 for each one of the selected bets you choose. I dont know if this would be just as good as getting money sent back to you if your bet loses. But you are correct, the restrictions for the bets to qualify are quite hard to predict. Even if they are on any match you choose to select from in all the matches being played in the tournament.

But darkstar_ is right, it is so to not have bets spammed so to collect on the money back guarantee for this promo stake is offering.
I was going to give it a try yesterday on the first mens side match between Shapovalov and Fucsovics.
The player who was heavily favored at 1.15x odds right before it started lost the match.



So putting your selection on Shapovalov would of made you lose both the bet and the money back.
Report to moderator
Stake is offering the best odds on the McGregor fight this Sunday, we've cut our margin on this to 0% so if you're looking to take a punt on it we are offering the smartest way to do so.

https://stake.com/sports/mma/ufc/ufc-246-las-vegas/4360725-mcgregor-conor-vs-cerrone-donald

Disappointing 40 seconds for those like myself who bet on cowboy :|

Lol we are in the same boat. I also bet on cowboy.
It only takes 40 seconds for my money to vanish into thin air.  He should at least make it entertaining.
Report to moderator

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