I am aware of the risks involved with staking for high yield and I have no intentions to do so, just wanted to know more.
Also 53% is already risky enough imo, 300% definitely raises a red flag when comes to APY.
As far as I am aware one of the only ways to actually stake in a relatively secure way is to do it with a very established coin, like Ether instead of tokens.
I don't really agree that staking is very risky. Betfury has proven themself as a legit casino but there is always a risk involved. The APY that they currently propose of 53% is not bad at all in my eyes and has already been a lot higher also in the past. Do your own research and don't put all your eggs in the same basket.