Post
Topic
Board Gambling
Re: Stake.com SPORTS BETTING NOW LIVE! 🏀 ⚾ 🏈 🎾 🥊
by
redsun114
on 04/01/2020, 18:11:22 UTC
This is the biggest single bet currently on their site but I don't know if compared to other Sportsbooks because not everyone can see other people's bets. Stake is one of the Sportsbook that can display the bets of its players publicly. Of course it's useful for gamblers to get tips for free among Stake players
To bet 50BTC in a sporting event is crazy and to win 38BTC in a single game is a crazy huge amount of money you can win, he made a bet to win the first half and even if it is for a small amount i am not confident enough to bet the match like that, Stake opened the sports betting platform and they are instantly attracting the whales in their sports betting platform which is crazy and since the platform provides these transparency it is a kind of promotion in itself.
50 bitcoins could very well the biggest sporting bet ever made on crypto world, I don't really know if it is even that common in fiat world as well, we are talking about 370 thousand dollars here, I am 100% sure there must have been bigger wagers in the history before that is not the deal but think about how many times in the whole world there has been over 370 thousand dollars wagered on a single game, I am pretty sure not many legit places accept that much betting, hell stake just lost 280 thousand dollars because of it for example, over quarter of a million dollars straight up gone from stake in a single bet, that is not an amount many sportsbooks can cover in a single bet, hell probably in a single week, there are sportsbooks I am 90% sure that wouldn't be able to pay that (which is why they don't allow this scenario) if it happened to them.