1. 07-25-22 04:04 PM #1
    Crusherrr
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    Stake.US

    Just saw they are launching in the US. This is big news imo. They only have casino games up so far but I'd imagine sports will follow at some point. It's still in early access mode so basically a soft launch.

    They are using VGW (Chumba, Global, Luckyland) model in which you buy sweepstakes coins. Social Gaming/Casino. This will allow them to operate in ALL states LEGALLY.

    It appears Idaho, Nevada, New York and Washington will not be allowed. Stake is the real deal. They are a major player and many US players have already been using them for a while with VPN. It will be interesting to see how they develop and when they add sports.
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  2. 07-25-22 04:38 PM #2
    Orbison
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    so you deposit BTC into the Stake site and that automatically converts the BTC into Stake Coins and then you can bet those coins either in the casino or sportsbook?
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  3. 07-25-22 05:18 PM #3
    Crusherrr
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    Not sure if it's bitcoin/crypto or if theyll take CC, electronic bank transfers, etc. This model is legal. So they can probably use any method they want. You are "buying" stake coins. Not Stake Cash. The stake cash is free. The stake cash is what is worth 1 SC for $1 USD.

    There are no "deposits". It's buying arcade coins essentially and being given Stake Cash which is like using $/USD on any other site. It's just the loophole that is used with the sweepstakes model that can be a little confusing to understand at first.
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  4. 07-25-22 05:32 PM #4
    jjgold
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    Interesting

    I see Drake and the UFC back it
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  5. 08-08-22 08:34 AM #5
    Fishhead
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  6. 08-08-22 09:55 AM #6
    themike78
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    Quote Originally Posted by Crusherrr View Post
    Not sure if it's bitcoin/crypto or if theyll take CC, electronic bank transfers, etc. This model is legal. So they can probably use any method they want. You are "buying" stake coins. Not Stake Cash. The stake cash is free. The stake cash is what is worth 1 SC for $1 USD.

    There are no "deposits". It's buying arcade coins essentially and being given Stake Cash which is like using $/USD on any other site. It's just the loophole that is used with the sweepstakes model that can be a little confusing to understand at first.
    Yeah it might be "legal" now but I doubt it will last very long. No reason to play there when there are plenty of trustworthy offshore books that have been around for decades.
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  7. 08-08-22 10:43 AM #7
    jjgold
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    This is going to get shut down real soon don’t even bother
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  8. 08-08-22 10:58 AM #8
    Crusherrr
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    Quote Originally Posted by jjgold View Post
    This is going to get shut down real soon don’t even bother
    It's been around since 2013. So I don't see why you'd even think that. VGW is making hundreds of millions of dollars in profits each year.

    This is Virtual Gaming Worlds. The company that runs Chumba and LuckyLand Casino. Sweepstakes Model casinos that operate in the United States Legally.

    https://www.afr.com/rich-list/lauren...0210220-p5749g
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  9. 08-08-22 11:05 AM #9
    jjgold
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    It’s going to get shut down the political site got shut down after seven years Well it’s getting shut down 2023 already announced

    Predictit
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  10. 08-08-22 11:09 AM #10
    Gruntworker
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    so am I allowed to post my referral link in case anyone wants to give it a try?
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  11. 08-08-22 11:18 AM #11
    Optional
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    Quote Originally Posted by Gruntworker View Post
    so am I allowed to post my referral link in case anyone wants to give it a try?
    Please don't





    It's worth listening to what Crusher has to say about this stuff. He isn't just an excited kid about it and has a lot of experience.

    Wish I was in the US and could try it out. Sounds like there is hay to be made whilst the sun shines on these still.
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  12. 08-08-22 11:37 AM #12
    pologq
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    Crusherr have you played here?
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  13. 08-08-22 12:06 PM #13
    Gruntworker
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    you got it Optional. So far it seems legit. No sports on it as of yet. I didn't think it would stand a chance of staying open when they first announced it... but the more I read about Chumba... this isn't the first company to try this and Chumba has been getting away with it for a while. No tipping on there as of yet, but if you sign up and verify your ID, they have a $1 daily reload right now.
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  14. 08-08-22 12:45 PM #14
    Optional
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    Quote Originally Posted by Gruntworker View Post
    you got it Optional. So far it seems legit. No sports on it as of yet. I didn't think it would stand a chance of staying open when they first announced it... but the more I read about Chumba... this isn't the first company to try this and Chumba has been getting away with it for a while. No tipping on there as of yet, but if you sign up and verify your ID, they have a $1 daily reload right now.
    Don't get me wrong. I don't think it can last if it gains any traction that the big operators paying big money for licenses notice.

    I think they will change laws if needed to protect the state income.

    But I also don't see that as our problem. Use it whilst it lasts.
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  15. 08-08-22 12:56 PM #15
    jjgold
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    Hard Pass
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  16. 08-08-22 01:27 PM #16
    gauchojake
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    They get knocked down but they get up again you're not ever gonna keep them down
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  17. 08-08-22 01:30 PM #17
    JAKEPEAVY21
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    Looks like it has some slots from Euro sites that i have seen massive wins on YouTube...I might give it a spin
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  18. 08-08-22 02:15 PM #18
    Crusherrr
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    Its still soft launch/early access.
    They plan to add more slot providers, live dealer and sports.

    I have used them and the btc payout was instant. Pretty nice.
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  19. 08-08-22 02:18 PM #19
    pologq
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    i just saw NY is a no go so I am out, sorry
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  20. 08-08-22 04:12 PM #20
    raiders72001
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    You can buy their "gold coins" through just about any method. If they can get away with this, then all casinos can do it. Stake is a major player but this is going to cost them a lot in legal fees some day. At least no one from Stake should ever set foot in the US. They should get a US license if they want the US market. Using a VPN for the crypto site can get your money confiscated.
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  21. 08-08-22 04:19 PM #21
    raiders72001
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    Quote Originally Posted by Crusherrr View Post
    Its still soft launch/early access.
    They plan to add more slot providers, live dealer and sports.

    I have used them and the btc payout was instant. Pretty nice.
    KYC? To me it seems the same as walking in to a casino, buying chips, gambling with the chips and then turning them in for cash.
    Last edited by raiders72001; 08-08-22 at 04:31 PM.
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  22. 08-08-22 05:37 PM #22
    fried cheese
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    Quote Originally Posted by raiders72001 View Post
    You can buy their "gold coins" through just about any method. If they can get away with this, then all casinos can do it. Stake is a major player but this is going to cost them a lot in legal fees some day. At least no one from Stake should ever set foot in the US. They should get a US license if they want the US market. Using a VPN for the crypto site can get your money confiscated.
    i think the key part is that they have to let you be able to win money for free. for instance, mcdonalds gives away monopoly pieces when you buy certain types of foods which you can match to win their sweepstakes prizes. but this would be like letting you buy lottery tickets through the purchase of big macs (or gold coins in stakes case) so it would be gambling. to make it a sweepstakes they have to let you win the monopoly prizes without a purchase so you can mail in to get those monopoly pieces for free.

    if casinos let everyone have a chance to win money for free then they could probably do this too.
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  23. 08-08-22 05:45 PM #23
    Crusherrr
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    Quote Originally Posted by fried cheese View Post
    i think the key part is that they have to let you be able to win money for free. for instance, mcdonalds gives away monopoly pieces when you buy certain types of foods which you can match to win their sweepstakes prizes. but this would be like letting you buy lottery tickets through the purchase of big macs (or gold coins in stakes case) so it would be gambling. to make it a sweepstakes they have to let you win the monopoly prizes without a purchase so you can mail in to get those monopoly pieces for free.

    if casinos let everyone have a chance to win money for free then they could probably do this too.
    Right- the leaderboards you can win by playing Gold Coins (no value) or Stake Cash(1 for $1). You also get daily log in bonus everyday. $1 free. This is what makes it a sweepstakes, anyone can play, no purchase necessary.
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  24. 08-17-22 08:02 AM #24
    Optional
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    27-year-old pays a staggering $80 million for a run-down ghost mansion





    https://fb.watch/eYDVWX9Xwm/
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  25. 08-17-22 08:08 AM #25
    jjgold
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    What’s gonna happen I think it’s been mentioned in here the legal places are going to crush it
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  26. 08-17-22 08:57 AM #26
    JAKEPEAVY21
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    So I've been messing around with some of the slots on here and I like many of the games from "Hacksaw Gaming".

    I like buying the bonuses but doing so is high variance so you probably need at least 10 buyins.

    Some of the games and bonus buys that have very high potential are:

    -Dork Unit buying the Dork spins
    -Stack'Em
    -Chaos Crew
    -Hand of Anubis the Judgement bonus

    Please chime in with any other bonus buys with high potential. Also, try my bonus buy suggestions out and let me know how you did.
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  27. 08-17-22 09:49 AM #27
    jjgold
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    If you guys keep talking about it I might start playing
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