Streamers Like Ayezee Are Going To Ruin it For Everyone

[The Macho Man]

you guys have to keep in mind that these casinos PAY A SHIT TON OF MONEY for sponsorships.

Mizkif a 20k viewer streamer said he was sponsored for 1 hour streams and was making $35,000 AN HOUR. And he said he thinks he was low balled too. 

There are streamers out there that are easily making 100k+ a month minimum just from sponsorship money, some of the top guys easily clear 1 million a month off these crypto casinos in sponsorship money and that doesn't even include the affiliate money they get. Do I think it's ok? no... but nobody here seems to understand just how much money sponsored streamers get from these casinos. That's why 90% of the time its real money you are seeing being spent... These streamers are making a lot of money and can afford to up their bets (also when guys like train and xqc showed up they muddied the waters by doing 500-1000 bets per spin, now everyone feels like they have to do the same just to get those views).

[LetsTalkFacts]

2 hours ago, The Macho Man said:

you guys have to keep in mind that these casinos PAY A SHIT TON OF MONEY for sponsorships.

Mizkif a 20k viewer streamer said he was sponsored for 1 hour streams and was making $35,000 AN HOUR. And he said he thinks he was low balled too. 

There are streamers out there that are easily making 100k+ a month minimum just from sponsorship money, some of the top guys easily clear 1 million a month off these crypto casinos in sponsorship money and that doesn't even include the affiliate money they get. Do I think it's ok? no... but nobody here seems to understand just how much money sponsored streamers get from these casinos. That's why 90% of the time its real money you are seeing being spent... These streamers are making a lot of money and can afford to up their bets (also when guys like train and xqc showed up they muddied the waters by doing 500-1000 bets per spin, now everyone feels like they have to do the same just to get those views).

You have a point there but at least they should be honest about it instead of claiming its real and raw money. Also I don't understand how these streamers can hit such big wins over and over again... I mean  they do €100 bets and win over €100.000 almost every stream like it's nothing no emotions etc. It just feels shady. And me doing €2 spins all day long I should win €2000 at least once a while, but this for some reason just doesnt happen. It's only rip most of the time while they kickin it like peanuts with the max bets just smells fishy

[LetsTalkFacts]

3 hours ago, OllyKOwin said:

Gamdom is banned in the UK or sorry it’s Not Available in this country.  PokerStars is banned in the USA which is where its based

I saw you multiple times commenting negative about Pokerstars and it feels like you have an hate/obsession with Pokerstars 🤣 but in reality it is one of the best and trustful site out there. Beside the bad rtp You always get payed... I can just advice you to not play slots in general, I quite playing slots for over a year now and I'm quiet happy with that. Nowadays I only play poker and live casino at Pokerstars and I must say with poker I make profit money but rip it in live casino 😂

[xLewis]

when sites are literally offering you $35,000 every hour you stream for them you are going to take it i don't care who you are, even if it's immoral you are taking it and if you say you wouldn't stop lying to yourself lmao.

i do however think the casino section should be age gated on twitch (similar to youtube how you have to add a credit card or an id or something). but the fact of the matter is crypto is becoming more and more mainstream so i do think crypto casinos will become the new norm. people are getting paid out by these big reputable crypto casinos (i wont mention names dont want to be called out for advertising them) far quicker and far larger sums without all the stalling tactics used by the "normal" casinos.

[Mwright1712]

20 minutes ago, xLewis said:

when sites are literally offering you $35,000 every hour you stream for them you are going to take it i don't care who you are, even if it's immoral you are taking it and if you say you wouldn't stop lying to yourself lmao.

i do however think the casino section should be age gated on twitch (similar to youtube how you have to add a credit card or an id or something). but the fact of the matter is crypto is becoming more and more mainstream so i do think crypto casinos will become the new norm. people are getting paid out by these big reputable crypto casinos (i wont mention names dont want to be called out for advertising them) far quicker and far larger sums without all the stalling tactics used by the "normal" casinos.

I heard the bandit mentioning in his latest video, streamers can be authenticated my an independent authority and they get a badge or summit like that, think YouTube and twitch should be authenticating all their casino streamers, can't be that hard in this day in age 

[The Macho Man]

13 hours ago, xLewis said:

when sites are literally offering you $35,000 every hour you stream for them you are going to take it i don't care who you are, even if it's immoral you are taking it and if you say you wouldn't stop lying to yourself lmao.

i do however think the casino section should be age gated on twitch (similar to youtube how you have to add a credit card or an id or something). but the fact of the matter is crypto is becoming more and more mainstream so i do think crypto casinos will become the new norm. people are getting paid out by these big reputable crypto casinos (i wont mention names dont want to be called out for advertising them) far quicker and far larger sums without all the stalling tactics used by the "normal" casinos.

This is a HUGE factor in why i play crypto casinos. its annoymous and instant deposits and withdrawals. No dicking around with verifications and some people here basically having to send in bank statements and prove they can afford to gamble etc its ridiculous. I understand why they have to do it in some countries but most casinos abuse that system in their favor to stall people from getting paid out. I'm honestly surprised crypto casinos aren't over taking the main online casinos right now. 

[thelegendhimself222]

On 04/07/2021 at 17:48, LetsTalkFacts said:

Jaja it's time guys.. I just watched Jackebro @daskelelele and he is doing $500 a spin and has a 100k balance lmao! Since he left casinogrounds and joined Gamdom he starts looking like roshtein and the rest of the gang lol 😂 rip credibility 

He won 100k, thats why he had a 100k balance, you said it like he deposited 100k raw and started playing... of course he will do some $400 spins on BONANZA (massive basegame rtp, also I think he was wagering but its irrelevant) when he is up literally hundreds of thousands in the last months and I see absolutely nothing wrong with it, he has played like that since he started streaming and I don't see him stopping... A lot of people aren't actually aware that not too long ago he started promoting a casino that refused to pay out his winnings and that beforehand offered him the so called fake money that he obviously refused... he later admitted his mistake for even working with a casino like that. I guess that people are jealous because he won a lot on a crypto casino, even though he was playing basically the same stakes on both leovegas and gamdom

[dublinjay]

@thelegendhimself222 Do you honestly believe its real money ? 

[Derpthederp]

On 05/07/2021 at 17:08, The Macho Man said:

you guys have to keep in mind that these casinos PAY A SHIT TON OF MONEY for sponsorships.

Mizkif a 20k viewer streamer said he was sponsored for 1 hour streams and was making $35,000 AN HOUR. And he said he thinks he was low balled too. 

There are streamers out there that are easily making 100k+ a month minimum just from sponsorship money, some of the top guys easily clear 1 million a month off these crypto casinos in sponsorship money and that doesn't even include the affiliate money they get. Do I think it's ok? no... but nobody here seems to understand just how much money sponsored streamers get from these casinos. That's why 90% of the time its real money you are seeing being spent... These streamers are making a lot of money and can afford to up their bets (also when guys like train and xqc showed up they muddied the waters by doing 500-1000 bets per spin, now everyone feels like they have to do the same just to get those views).

Thank you for being a bit of a voice of reason on this topic Macho Man. I'll be honest it bothers me a bit when people are so confidently claiming that the money is fake, but its also obvious that they have never thought about the economics of these types of sponsorships, and their only comments on the matter is being condescending to people who have (e.g "Ahh here comes the fanboys open your eye sheep"). 

Slots/Gambling is relatively new to twitch generally. But in the last year it has also close to tripled in size. Streamers being able to pull 10-30k viewers while streaming gambling for 8+ hours is pretty new, and that comes with a lot of sponsorship money.You mention the Mizkif deal, Adin Ross also accidentally leaked details of him discussing a deal and they were talking about $1.6m to $2m a month (with losses covered and referral bonus). 

So people who think it has to be fake because there is no way they can afford to do $500 spins just don't understand the economics behind streaming and gambling sponsorships.

 

22 hours ago, LetsTalkFacts said:

You have a point there but at least they should be honest about it instead of claiming its real and raw money. Also I don't understand how these streamers can hit such big wins over and over again... I mean  they do €100 bets and win over €100.000 almost every stream like it's nothing no emotions etc. It just feels shady. And me doing €2 spins all day long I should win €2000 at least once a while, but this for some reason just doesnt happen. It's only rip most of the time while they kickin it like peanuts with the max bets just smells fishy

 

The point here is that it is raw, or at least there is no reason why it can't be. To be clear what I mean by raw here is that the streamer gets 100% of wins or has to swallow 100% of losses. That does not mean they are not making money outside of gambling from being sponsored. Obviously they have other revenue streames outside of this and obviously these revenue streames are huge because gambling and advertising it is big business.

You always see people talking about how shady crypto casinos are but again I think people need a bit of a reality check here. Just for the sake of simplicity the crypto casinos I have mostly played on is Rollbit and stake. I have tried like a dozen different real money casinos and the experience has almost universally been dog shit.

They mention KYC as if the crypto casinos "allow children" to gamble more than real money does. But the reality of it is that most Real Money casinos don't require KYC for deposits, you can deposit and lose as much as you want without anyone raising an eyebrow. But if you try to withdraw even just a tiny fraction of how much you have deposited and lost to the casino, they will put a bunch of KYC hoops in your way and make it a very laborious process to get your money out, and the money will have to be in your account Pending while they use 5 business days to approve your withdrawal (obviously in hopes that you will gamble it back.)  Not to mention all the insane withdrawal limits they put in place like a maximum of $1k per day/5k per week etc.

On crypto casinos you can withdraw $10k or $1 million pretty much instantly, no questions asked.

When it comes to self exclusion, while I do wish crypto casinos had more options (like a deposit limit), they do have a rigid self exclusion that is generally easy to activate, I have had much more shady experiences with real money casinos, once when I tried to activate a self exclusion, I had to email a specific address, and that adress told me I had to answer a set of questions to get excluded (e.g why I want to be excluded etc) and that email included some message like if I was sure I wanted to be excluded and they offered me a re-deposit bonus instead. Completely insane. 

Then there is all the shady bonuses that Real money casinos live and die by. My first experience ever with online gambling was at a real money casino where I deposited $100, won that deposit up to $3.5k, but then when I cleared the 40x wager of my deposit bonus the casino deleted $2k from my balance because there was a $1k max win from the deposit bonus.  This might be obvious to seasoned gamblers but I imagine a ton of new players get tricked by shady stuff like this (And similarly with wagers). Most players starting out are not going to go through 10 pages of fine print hidden away somewhere to fully understand the bonuses they get.

The big crypto casinos on the other hand (at least the ones I've used, Stake and rollbit) don't have these shady bonuses, if you get a bonus there its generally raw cash or close to it, sometimes with a bit of a wager for new accounts or specific bonuses, but none of this max win etc.

The RTP is another thing, where Crypto casinos generally have the highest RTP of the providers (e.g 96.5% RTP for pragmatic), but i've seen a lot of real money casinos with pragmatic slots with an RTP of 93-94% which is a massive difference. 

The bonuses and player rewards are also the same, Stake and Rollbit give back a decent chunk of the house edge to the player, while the rewards you get on other casinos are very small in comparison (stuff like freespins worth almost nothing.). Also a big difference with 

So yeah I don't give a shit which licenses a casino uses.  If you are playing on one of the good crypto casinos you are getting a product focused on giving the best benefits and best experience to the end user and it seems to be miles ahead of any real money casino. I can't understand how any return gambler would want to play anywhere else. Any real money casino I've tried (and I've tried a few advertised on this site), seem to just prey on ignorant people who don't know about the alternatives don't understand things like checking RTP, and have all sorts of shady practices.

 

All this being said I have obviously not tried every real money casino in the world so if anyone has a recommendation of one that does not have a shit process for cashing out, does not have scammy bonuses, does not have shit RTP and has a good reward system, I'd probably be up for trying it out. 

[TommyBhoy]

4 hours ago, Derpthederp said:

Thank you for being a bit of a voice of reason on this topic Macho Man. I'll be honest it bothers me a bit when people are so confidently claiming that the money is fake, but its also obvious that they have never thought about the economics of these types of sponsorships, and their only comments on the matter is being condescending to people who have (e.g "Ahh here comes the fanboys open your eye sheep"). 

Slots/Gambling is relatively new to twitch generally. But in the last year it has also close to tripled in size. Streamers being able to pull 10-30k viewers while streaming gambling for 8+ hours is pretty new, and that comes with a lot of sponsorship money.You mention the Mizkif deal, Adin Ross also accidentally leaked details of him discussing a deal and they were talking about $1.6m to $2m a month (with losses covered and referral bonus). 

So people who think it has to be fake because there is no way they can afford to do $500 spins just don't understand the economics behind streaming and gambling sponsorships.

 

 

The point here is that it is raw, or at least there is no reason why it can't be. To be clear what I mean by raw here is that the streamer gets 100% of wins or has to swallow 100% of losses. That does not mean they are not making money outside of gambling from being sponsored. Obviously they have other revenue streames outside of this and obviously these revenue streames are huge because gambling and advertising it is big business.

You always see people talking about how shady crypto casinos are but again I think people need a bit of a reality check here. Just for the sake of simplicity the crypto casinos I have mostly played on is Rollbit and stake. I have tried like a dozen different real money casinos and the experience has almost universally been dog shit.

They mention KYC as if the crypto casinos "allow children" to gamble more than real money does. But the reality of it is that most Real Money casinos don't require KYC for deposits, you can deposit and lose as much as you want without anyone raising an eyebrow. But if you try to withdraw even just a tiny fraction of how much you have deposited and lost to the casino, they will put a bunch of KYC hoops in your way and make it a very laborious process to get your money out, and the money will have to be in your account Pending while they use 5 business days to approve your withdrawal (obviously in hopes that you will gamble it back.)  Not to mention all the insane withdrawal limits they put in place like a maximum of $1k per day/5k per week etc.

On crypto casinos you can withdraw $10k or $1 million pretty much instantly, no questions asked.

When it comes to self exclusion, while I do wish crypto casinos had more options (like a deposit limit), they do have a rigid self exclusion that is generally easy to activate, I have had much more shady experiences with real money casinos, once when I tried to activate a self exclusion, I had to email a specific address, and that adress told me I had to answer a set of questions to get excluded (e.g why I want to be excluded etc) and that email included some message like if I was sure I wanted to be excluded and they offered me a re-deposit bonus instead. Completely insane. 

Then there is all the shady bonuses that Real money casinos live and die by. My first experience ever with online gambling was at a real money casino where I deposited $100, won that deposit up to $3.5k, but then when I cleared the 40x wager of my deposit bonus the casino deleted $2k from my balance because there was a $1k max win from the deposit bonus.  This might be obvious to seasoned gamblers but I imagine a ton of new players get tricked by shady stuff like this (And similarly with wagers). Most players starting out are not going to go through 10 pages of fine print hidden away somewhere to fully understand the bonuses they get.

The big crypto casinos on the other hand (at least the ones I've used, Stake and rollbit) don't have these shady bonuses, if you get a bonus there its generally raw cash or close to it, sometimes with a bit of a wager for new accounts or specific bonuses, but none of this max win etc.

The RTP is another thing, where Crypto casinos generally have the highest RTP of the providers (e.g 96.5% RTP for pragmatic), but i've seen a lot of real money casinos with pragmatic slots with an RTP of 93-94% which is a massive difference. 

The bonuses and player rewards are also the same, Stake and Rollbit give back a decent chunk of the house edge to the player, while the rewards you get on other casinos are very small in comparison (stuff like freespins worth almost nothing.). Also a big difference with 

So yeah I don't give a shit which licenses a casino uses.  If you are playing on one of the good crypto casinos you are getting a product focused on giving the best benefits and best experience to the end user and it seems to be miles ahead of any real money casino. I can't understand how any return gambler would want to play anywhere else. Any real money casino I've tried (and I've tried a few advertised on this site), seem to just prey on ignorant people who don't know about the alternatives don't understand things like checking RTP, and have all sorts of shady practices.

 

All this being said I have obviously not tried every real money casino in the world so if anyone has a recommendation of one that does not have a shit process for cashing out, does not have scammy bonuses, does not have shit RTP and has a good reward system, I'd probably be up for trying it out. 

You make some good points but a few are completely inaccurate.

Your self exclusion comment is wrong. There are people who have been able to reactivate their accounts even after telling some of these crypto casinos they were problem gamblers. 
 

You miss a huge point. These casinos are allowing illegal bypassing of restrictions via VPN.  Go onto their live chat and they will openly say VPN is allowed.  They are BREAKING THE LAW!

 

The majority of money is sponsored, meaning its not the streamers money.  Yet they wont say this publicly.  

 

 

[ressivv]

On 05/07/2021 at 17:08, The Macho Man said:

you guys have to keep in mind that these casinos PAY A SHIT TON OF MONEY for sponsorships.

Mizkif a 20k viewer streamer said he was sponsored for 1 hour streams and was making $35,000 AN HOUR. And he said he thinks he was low balled too. 

There are streamers out there that are easily making 100k+ a month minimum just from sponsorship money, some of the top guys easily clear 1 million a month off these crypto casinos in sponsorship money and that doesn't even include the affiliate money they get. Do I think it's ok? no... but nobody here seems to understand just how much money sponsored streamers get from these casinos. That's why 90% of the time its real money you are seeing being spent... These streamers are making a lot of money and can afford to up their bets (also when guys like train and xqc showed up they muddied the waters by doing 500-1000 bets per spin, now everyone feels like they have to do the same just to get those views).

Where the hell do you get this info from? 1 million in sponsors a month?

You act like these casinos are huge multinationals that can easily hand people 1 million or even 100k just to sponsor them. I dont believe this.

There are streamers with huge communities and websites/forums that are running well. They have also been around for much longer. This one for example and casinodaddy. These streamers should be making the same amount of money but they are still doing max 10,- spins on normal daily streams.

I dont believe that these 500,- a spin streamers with sometimes only a big twitch community (which could even be with fake followers) get this kind of sponsorship and can legit do these spins on regular basis.

Edited 7 July, 2021 by ressivv

[The Macho Man]

2 hours ago, ressivv said:

Where the hell do you get this info from? 1 million in sponsors a month?

You act like these casinos are huge multinationals that can easily hand people 1 million or even 100k just to sponsor them. I dont believe this.

There are streamers with huge communities and websites/forums that are running well. They have also been around for much longer. This one for example and casinodaddy. These streamers should be making the same amount of money but they are still doing max 10,- spins on normal daily streams.

I dont believe that these 500,- a spin streamers with sometimes only a big twitch community (which could even be with fake followers) get this kind of sponsorship and can legit do these spins on regular basis.

https://www.dexerto.com/entertainment/adin-ross-leaks-massive-sponsorship-figures-for-gambling-twitch-streams-1592361/

there's just one example and the guy isn't even as massive as these other streamers you're talking about. more than likely guys like train and xqc get multiple millions per month. 

[LetsTalkFacts]

Not sure if you are serious or trolling, but do you really think that a casino will pay multiple millions a month to a streamer? Lmao 😂 let's say a that sketchy streamer has 3k (real) viewers most of them only watch for fun but let's say they all deposit 1000 a month (very unlikely) to the casino thats 3 million a month for the casino, why the hell would they share the half of it with the streamer?? All they do is bait new (underaged?) players.. It's like a pizza delivery boy (streamer) and a pizza company (casino), the streamer only brings players and they get a small tip for it while the casino getting the big money. Casinos are not stupid its all about the money they are SHARKS

[The Macho Man]

1 hour ago, LetsTalkFacts said:

Not sure if you are serious or trolling, but do you really think that a casino will pay multiple millions a month to a streamer? Lmao 😂 let's say a that sketchy streamer has 3k (real) viewers most of them only watch for fun but let's say they all deposit 1000 a month (very unlikely) to the casino thats 3 million a month for the casino, why the hell would they share the half of it with the streamer?? All they do is bait new (underaged?) players.. It's like a pizza delivery boy (streamer) and a pizza company (casino), the streamer only brings players and they get a small tip for it while the casino getting the big money. Casinos are not stupid its all about the money they are SHARKS

They do pay millions to streamers, you know why? its the best marketing possible. they show live gameplay of the casino, they interact with their community and not everyone is a broke kid. all they need is a couple whales to make their money back. but they will still make their money back on people thet get addicted to gambling anyway. 

You guys have no idea how the business works. Gambling advertising is already super strict as is and casinos look for any loopholes to try and get advertisements out there and this is the best way to do it. Stake was a no name crypto casino a year ago. now everyone knows about it...

Also you really think some streamer is going to 'sell out' and risk being called a scumbag for peddling gambling to their community for a couple thousand dollars in sponsorship money at their level? You guys have no idea how much money is involved in sponsorships and affiliate earnings (you think guys like roshtein would refuse to take subs and donations if they weren't making an insane amount of money from casino sponsorships already? Rosh could easily have 10-20k subs and probably make thousands a day off donations alone yet he doesn't even care to do so.)

Every time these discussions are brought up the main issue I notice is people's lack of understand of just how much money these casinos have and are willing to spend on advertising, branding, and other ways to generate interest in their casinos. ITS BIG MONEY. these websites can't just go advertise on google/facebook/instagram with traditional marketing because it's all banned. So their marketing budget is literally spent on influencers and it works.

[The Macho Man]

And to further drive home the point lets talk about the affiliate marketing side of things. There are casino affiliate programs out there that offer anywhere from $200-$300 + % of lifetime recurring income (based off play) to affiliate who promote casinos and get people to signup under their affiliate links and play.

Each casino calculates their average LVC (lifetime value of customer) in order to determine how much they are willing to pay an affiliate to generate signups to their website. If a casino is willing to pay 200-300$ for signups PLUS a % of the money made for a lifetime off a customer.... chances are the average value of each casino customer is worth easily over $500-1000 for offering deals like that.

Now take a guy like XQC... gets 150-200k views per stream. All his content on all platforms probably gets seen by a minimum of maybe 10 million unique people per month. (I'm pretty sure its a lot more than that, but for argument sake lets stick with 10 million unique viewers).

Lets play it safe and assume that out of those 10 million unique viewers watching his gambling content, he gets a minimum of 1% of those people to signup and gamble. Maybe since his viewers are a lot younger that the value of his LVC signups are on the low end of $500.  That's still $50,000,000 in expected lifetime value of his signups. AND THAT'S LOW BALLING for almost all numbers used in this discussion. 

So you're telling me a casino would never pay 1 million dollars a month for $50,000,000 in return? Yea... you guys have no idea how much money is in gambling. 

[vanHooff]

1 hour ago, The Macho Man said:

Yea... you guys have no idea how much money is in gambling. 

@The Macho Man  Some of the bigger casino groups are publicly traded or otherwise publish annual reports that can easily be googled and downloaded.
Moreover there are estimates for 'Channelization' which is the ratio of licensed vs unlicensed gambling, and also aggregate gambling tax numbers from governments are published.

Just as an example: 2020 marketing expenditure from Kindred Group (Unibet, 32RED et al.) was GBP 257,2 Million
Screenie from their annual report:
 

  

So yes, I tend to believe that Stake could spend EUR 12 million or so yearly on marketing through sponsoring streamers.

But I'd like to raise another point: the big casino's European casino's that are compliant with legislations all have responsible gambling in some sorts in their strategies or even their missions. 

Admitted there are some shithole casino's that have Malta licenses (N1 Group) and some Curacao licensed casino's or sportsbooks are running a decent operation.

But otherwise, a Curacao license does warrant very little other than excluding Dutch and American customers ( DUCY? )

Some Curacao casino's might want to scam their customers and not pay winners, some don't care about KYC procedures or underaged gambling, some might want to make some money on the side using your KYC details, and some might be money laundering operations for organized crime.

Do you know anything about the ownership of Stake ? Do you mind? 
 

  

 

Edited 7 July, 2021 by vanHooff
reading tip: Leovegas annual and sustainability reports 2020

[The Macho Man]

3 minutes ago, vanHooff said:

@The Macho Man  Some of the bigger casino groups are publicly traded, and their annual reports can easily be googled and downloaded.
Moreover there are estimates for 'Channelization' which is the ratio of licensed vs unlicensed gambling, and also aggregate gambling tax numbers from governments are published.

Just as an example: 2020 marketing expenditure from Kindred Group (Unibet, 32RED et al.) was GBP 257,2 Million
Screenie from their annual report:
 

  

So yes, I tend to believe that Stake could spend EUR 12 million or so yearly on marketing through sponsoring streamers.

But I'd like to raise another point: the big casino's European casino's that are compliant with legislations all have responsible gaming in some sorts in their strategies or even their missions. 

Admitted there are some shithole casino's that have Malta licenses (N1 Group) and some Curacao licensed casino's or sportsbooks are running a decent operation.

But otherwise, a Curacao license does warrant very little other than excluding Dutch and American customers ( DUCY? )

Some Curacao casino's might want to scam their customers and not pay winners, some don't care about KYC procedures or underaged gambling, some might want to make some money on the side using your KYC details, and some might be money laundering operations for organized crime.

Do you know anything about the ownership of Stake ? Do you mind? 
 

  

 

 

I don't know much other than whats already out there. I know someone who knows the owner, the guy started the site maybe two/three years ago or so maybe. At first it was nothing more than a typical crypto casino site offering stuff like dice, and other basic games. 

Then I believe it acquired some shady curacao license or 'piggy-backed' off one (don't know the correct term here). But it's been talked about on other platforms and articles that stake does use one of those shady licenses. Point is it was created by some guy a couple years ago as another generic crypto casino that was built up overtime to be more 'legit' and secured the ability to host real slots / table games.

Then the big crypto boom happened, obviously more people got into crypto, the guy did very well for himself, started paying influencers to play on his site and it snowballed recently in the past half year I'd say. 

Now he has money to buy 'brand ambassadors' like UFC fighters and even bought an ad spot on the UFC mat for past PPV events. 

But the overall point is this guy wasn't apart of any big casino company or I don't think he was funded in anyway, I think he may of got rich early off crypto and opened his own site and it blew up from there. But yeah crypto casinos work in a grey area in a lot of places. I don't think they have to deal with the same kind of regulations since most governments don't consider it a currency (At least thats their reasoning why they let people from US play). Although I think they are starting to crack down on this as some of the big US streamers are starting to move out of the states or gamble only when they visit places like mexico. (Big crackdown might be coming). And rumor has it the site itself is starting to crack down on US players, but I don't think they are, they are just trying to appear like they are cracking down.

But yeah I can see why the Euro people on this site think all of this sounds ridiculous and can't be possible because they see regulations everywhere for online casinos in their country. But crypto casinos are the wild west of online gambling, there are almost no regulations for it, and crypto in general is very anonymous to begin with so crypto casinos can get away with a lot more currently. That's why there's so much money in it and its growing so fast.  

 

[The Macho Man]

Also just another quick thing that can help shed light on just how much money stake is bringing in... I've attached an image that shows the recent weekly affiliate earnings for the past 7 days that they send out every week on the affiliate telegram group... $1.85 million PROFIT. paid out to affiliates the past week. 

Now most affiliates on stake only get 10% of profit as their base payout. Some do get more, but those are mostly streamers and I don't think streamer affiliate income is accounted for in these stats (stake doesn't allow streamers to participate in other parts of community rewards and they usually have their own affiliate section), but lets just stick with the base 10% paid out to affiliates. Which means based on these numbers, stake made $18.5 million dollars this past week in profit... NOW that's just profit that is traceable to affiliates who referred people in, this doesn't even account for just regular signups that had no affiliate referrals tied to the account.

So just off these numbers alone, stake is making 50-75 million a month just on accounts tied to affiliate referrals. Now add in accounts with no referrals and streamers who's referrals may or may not be contributing to this number and stake is easily pulling in 50-75+ million a month profit, who knows what the total profit is after all expenses are paid for like paying out streamers/ambassadors/etc. The point is they are making a CRAP TON of money. And yet there are people here who still think they can't afford to pay streamers 100k a month LOL.

[vanHooff]

^^ From the Stake.com T&C's: 

 

USA and the Netherlands excluded. 

I suspect that the presence of these two countries in this clause comes from the Curacao license giver, not from the casino itself. 
For the Netherlands: Curacao used to be a colony and still gets money ( 'loans' ) for which in return Dutch customers are not serviced.
USA: just not smart to mess with the USA when it comes to financial federal crimes.

@The Macho Man I am not arguing about any of the posted amounts.
However I would no be surprised if Stake services Americans that it is shut down in some way so that the (5000) other casino's can operate like they are used to. 

[The Macho Man]

1 minute ago, vanHooff said:

^^ From the Stake.com T&C's: 

 

USA and the Netherlands excluded. 

I suspect that the presence of these two countries in this clause comes from the Curacao license giver, not from the casino itself. 
For the Netherlands: Curacao used to be a colony and still gets money ( 'loans' ) for which in return Dutch customers are not serviced.
USA: just not smart to mess with the USA when it comes to financial federal crimes.

@The Macho Man I am not arguing about any of the posted amounts.
However I would no be surprised if Stake services Americans that it is shut down in some way so that the (5000) other casino's can operate like they are used to. 

Well the big loophole here is all of this is done with cryptocurrencies. So as far as I know its all a grey area which is why they get away with it. I don't think anything will happen with them until the US accepts that crypto is a currency. And the license givers are happy to hand out licenses to these sites until those loopholes are dealt with. Which is why I said its like the wild west. Crypto was a god send for some of these companies because it let them step over the line and take advantage of big markets like the US. That's why stake grew so fast. 

My guess is when pressure starts showing up, Eddie the owner will just outright ban people from US and it will be like a traditional online casino with KYC and 'play at your own risk'. So I'm guessing for Eddie it's just a race to buy his way to the top and when that pressure comes he can afford to let go of the US market.

[Derpthederp]

On 07/07/2021 at 00:02, TommyBhoy said:

You make some good points but a few are completely inaccurate.

Your self exclusion comment is wrong. There are people who have been able to reactivate their accounts even after telling some of these crypto casinos they were problem gamblers. 
 

You miss a huge point. These casinos are allowing illegal bypassing of restrictions via VPN.  Go onto their live chat and they will openly say VPN is allowed.  They are BREAKING THE LAW!

 

I don't know what Crypto casinos have done what with exclusion, but just giving my anecdotal experience that when doing self exclusion from some fake casinos it was a process that involved me getting offered bonuses, but not had the same happen on Stake or rollbit (and I have both self excluded and tried to get it un-excluded which did not work on either Stake or Rollbit). 

 

About "breaking the law" my point is that I don't care. While I understand some people are just completely against gambling, and for them it makes sense. But if you like gambling and want to be able to do it responsibly, a bunch of different countries have a bunch of different ridiculous laws. 

So to me it is either gambling on a crypto site like Rollbit, which has the best experience for me, highest RTP, easiest cashouts, best rewards, but they are not allowed according to some regulation. Or I can gamble at some place that is worse with all of these. things, and on top of that does a bunch of shady things, but they have the right regulation so they are more legal. 

I don't care about the regulations or the licenses, I care about my experience as the end user. I'm confident enough that Stake or Rollbit is legit (e.g won't just take my deposit), and the RTP of the different slots is controlled by the providor not stake, so my money is about as safe there as anywhere else. 

I also think the way it works in terms of legality in a lot of countries/states, is that its illegal for the casinos to operate there (but if you use a VPN they can't know they are operating there), but it's not illegal for you as an individual to gamble there. 

 

Quote

The majority of money is sponsored, meaning its not the streamers money.  Yet they wont say this publicly.  

 

 

You say this but I mean you don't need to think very far to understand why it doesn't hav to be. 

[thelegendhimself222]

On 06/07/2021 at 14:24, dublinjay said:

@thelegendhimself222 Do you honestly believe its real money ? 

I honestly do believe it is, has been and always will be real money.

[footatoo]

nice!

[TommyBhoy]

Here is Ayezees stats since 9th of April 2021

 

Total bets - 213,482

Wagered - $144,580,216 

 

That is not a typo his stats say he has wagered $144 million.  Anybody genuinely still think he is legit?

So he has wagered $48,193,405 a month? 
 

[Ash W]

I think what any viewer wants is real money and upfront details on bonus terms. I find the CG streams I follow I am provided this information. 

Watch a Crypto streamer its a starter of a 100k+ like every normal gambler deposits...its also disgraceful as its leading people to sites with MINIMAL kyc and self exclusion protection.

Crypto may be a massive part of the future of the gambling industry but the clowns streaming it at the moment are profiteering and not transparent and as such I don't consider them trustworthy streamers.