I just asked and my friend is 1334th position with over 300k wager, but he didn't play for the last days.
Even with 280k after 1 week he was only 800th or something, at least that's what he said.
It's crazy the amount people play for at this site. Imagine 300k in 11 days and 1300 people have more wager than him, that's insane.
This is why the wagering requirement for the bonus drop has increased by Stake team. I think a lot of old and reputable casino doesn't see this kind of wagering activities within one year from the users what Stake sees in a month. If your friend doesn't wager anything more, then his rank could be above 5k when the race will be finished. With 330k+ wager,
my rank was almost 2500 in the $5 million birthday race of 2022.