Post
Topic
Board Gambling
Merits 2 from 1 user
Re: Stake.com - Casino & Sports - UFC Official Betting Partner - Play Smarter 🥊
by
DarkStar_
on 02/06/2021, 05:07:18 UTC
⭐ Merited by Bitinity (2)
Nice promotion and I like to play on Limbo, but 0.5$ minimum bet size is way too high for me.

It is a VIP promotion with nice rewards so the min bet is basically worth the rewards. I do think that the min bet is a bit lowered than the older VIP promotion. AFAIK it was $1 min bet for similar VIP promotion in the past. Few days ago, you also said that you are far from the bronze VIP level so you cant participate since only bronze level and above are allowed to participate.

Yeah, it's a pretty decent deal for someone trying to build a bankroll. If we look at previous promotions, the participation prize seems to be around $5. To hit a 10x + 20x + 30x multiplier (the three easiest), it takes about 60 bets total on average, so your EV is 60 * $0.5 * 0.01 = $0.3 excluding other VIP prizes/benefits from wagering. You're essentially getting a free $4.70 on average (or $9.90 if your account is verified) for a few minutes of "work".