Conspiracy theories: Casino Streamer Fake money or Real? (Page 15)

When he deposits money, he does it to his BTC PUBLIC wallet which is visible to everyone.

It is -4 million but meanwhile also 30% of his crypto assets. This tweet from just now confirms that:

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Latino wrote on 02/20/2022 at 8:32 pm: @table1



There was no drop of 30% on Feb 20, not even close. For example, BTC dropped ~5.72% (similar looks for almost all cryptocurrencies) - where did this 30% come from ?

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table1 wrote on 20/02/2022 at 18:46: Where can I report the user "tequiero"?
I feel now finally insulted by Him and that goes too far for me!!!
If this goes on, I'll report him additionally, that's not possible!


Thank you "frapi07", you understand me at least 100%!!!!



@byrrrd
Nah, that's not a green screen. That's actually Train's real apartment in Vancouver, Canada.
Proof video

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table1 wrote on 20.02.2022 at 02:26
About Rosh and his gang (Deuce, Dive and soon Adam) I can only agree with you. This business model is pure poison and from the 2000 viewers it is enough if you animate 5-10 new customers with it and gamble all your money with their code

Nevertheless, I must also tell you, with Train it is a different business model
With Train the spectator decides voluntarily if he wants to play on Stake or not. Train ALWAYS tells the viewer not to play, but Stake and Train know that some viewers will try their luck anyway.
So Train gets about 1 million from Stake per session and Stake gets its 10-100 new customers despite Train's transparency

When Train does a juiced-up session, he usually goes to the toilet (yes, you could hear the flush more than once), has a drink or just takes a rest. When he deposits money, he does it to his BTC PUBLIC wallet which is visible to everyone. Accordingly, I don't know what you're getting at?

It is -4 million but meanwhile also 30% of his crypto assets. This tweet from just now confirms that:

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Matthias wrote on 21.02.2022 at 20:35
I hope I didn't misunderstand your post, but I want to say something about the streamers that has been on my mind for a while. You wrote that "Train" gets 1 million per session. I guess you mean 1 million euros per streaming session.
The first question to ask is where did this figure come from? Has he ever said / shown that publicly, or did you just put the number as an assumption in the room?
As an entrepreneur and industry expert, I immediately calculate the following calculation in my head (all roughly estimated):
The Streamer Trainwreck has an average of 45,000 live viewers - that's maybe 100,000 different viewers per stream.
If 10% of them would sign up for the casino Stake.com, that would be 10,000 new depositing players.
The 10% figure is of course massively exaggerated, I can tell you from experience that the rate of new registrations is definitely lower.
But assuming there are now 10,000 new players who sign up and every single one would now Deposit 100 euros into the casino on this day, then the casino has indeed taken 1,000,000 euros, but it is also clear that with 10,000 new players some also win something and let's estimate roughly, 50% of the deposited amounts would be paid out again.
This leaves the casino with a theoretical win of 500,000 euros - but how are they supposed to pay 1 million euros of that to the streamer per session?
Even if all 10,000 new players were to lose 100 euros during the session (and 0% are paid out again), there is not enough left over after deducting transaction costs to pay such insane commissions.
It is simply unrealistic that he gets 1 million euros for one session.

But to calculate a realistic scenario:
If he has 45,000 live viewers and a total of 100,000 per day watch his stream, a maximum of 2% of the viewers will newly register at the advertised casino.
The rate is so low because the players may already be registered in the casino, or, for example, simply do not have the financial means to register again in a new online casino to gamble money again.
Also, many look into the stream and leave the stream again because they follow another streamer.
Many watch the casino streams but only out of boredom, or as a satisfaction of their own addiction, or maybe just for fun and joy to see high wins that you yourself would not achieve, because no normal person would ever play permanently with stakes of over 100 euros per spin.
So if things go really really well for the streamer, on that day 2000 new players sign up at the casino he is promoting.
Now the question is what deal the streamer has negotiated with the Affiliate program.
Is there a CPA deal - say €80-100 once a player has deposited and wagered at least €20, or is there a revshare deal that gives the affiliate a share of the casino's net profit?
No matter how you spin it, an average (depositing) player is worth around €300 to a casino in the long run.
I want to describe this objectively (this is not meant to sound like "oh the poor casino").
But in fact, the casino has to cover some costs from these 300 euros:
for example, the licenses for the games offered, office rent, gambling license costs, notaries, lawyers, web designers - generally all employee salaries for support, payment, development, the "executive floor" and also affiliate costs have to be covered.
I.e. most casinos make 50/50 deals and give 50% of the net gaming revenue to the affiliate.
I.e. either you get 50% revshare of the net profit that is generated (not the revenue), or you get a one-time commission, which is usually a bit lower than earning 50% in the long run.
The reason for the lower one-time commission (CPA) is that the casino pays in advance.
Example: If a player deposits 20 Euros and the casino pays a one-time commission of 120 Euros to the affiliate, the casino first makes a loss. Therefore, these one-time commissions are set somewhat lower and amount to around 80-100 euros per FTD (First Time Depositor).

To come back to the streamer Trainwreck:
Let's assume he actually finds 2000 new real money players and the casino would pay him a flat commission of 100 euros for each player, then he would earn around 200,000 euros with each stream. But seriously, even that is not realistic and too high.
You just have to imagine the administrative effort for the casino, if there daily 2000 new customers would come, of which some have deposit problems, others ask questions to the support etc.. - that is not manageable at all, unless a team of 100 employees (including 30-50 colleagues in support) faces the rush of customers.
In fact, I can imagine that he gets paid between 50,000 euros to 100,000 euros per stream as advertising commission
But that's a long way from a million per day.

What he's doing is beyond words. Apparently he actually has a high crypto fortune and also I believe he is playing with real money. But I suspect that the fortune comes from a time when bitcoins were available for under 100 euros each.
It is definitely not possible to recover such losses to some extent by casino streams.
He makes minus, he loses millions in one day and he makes no secret of it - so I must honestly say: Respect for his honesty at this point, but his gambling behavior will ruin him sooner or later.

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Matthias wrote on 21.02.2022 at 20:35
I hope I didn't misunderstand your post, but I want to say something about the streamers that has been on my mind for a while. You wrote that "Train" gets 1 million per session. I guess you mean 1 million euros per streaming session.
The first question to ask is where did this figure come from? Has he ever said / shown that publicly, or did you just put the number as an assumption in the room?
As an entrepreneur and industry expert, I immediately calculate the following calculation in my head (all roughly estimated):
The Streamer Trainwreck has an average of 45,000 live viewers - that's maybe 100,000 different viewers per stream.
If 10% of them would sign up for the casino Stake.com, that would be 10,000 new depositing players.
The 10% figure is of course massively exaggerated, I can tell you from experience that the rate of new registrations is definitely lower.
But assuming there are now 10,000 new players who sign up and every single one would now Deposit 100 euros into the casino on this day, then the casino has indeed taken 1,000,000 euros, but it is also clear that with 10,000 new players some also win something and let's estimate roughly, 50% of the deposited amounts would be paid out again.
This leaves the casino with a theoretical win of 500,000 euros - but how are they supposed to pay 1 million euros of that to the streamer per session?
Even if all 10,000 new players were to lose 100 euros during the session (and 0% are paid out again), there is not enough left over after deducting transaction costs to pay such insane commissions.
It is simply unrealistic that he gets 1 million euros for one session.

But to calculate a realistic scenario:
If he has 45,000 live viewers and a total of 100,000 per day watch his stream, a maximum of 2% of the viewers will newly register at the advertised casino.
The rate is so low because the players may already be registered in the casino, or, for example, simply do not have the financial means to register again in a new online casino to gamble money again.
Also, many look into the stream and leave the stream again because they follow another streamer.
Many watch the casino streams but only out of boredom, or as a satisfaction of their own addiction, or maybe just for fun and joy to see high wins that you yourself would not achieve, because no normal person would ever play permanently with stakes of over 100 euros per spin.
So if things go really really well for the streamer, on that day 2000 new players sign up at the casino he is promoting.
Now the question is what deal the streamer has negotiated with the Affiliate program.
Is there a CPA deal - say €80-100 once a player has deposited and wagered at least €20, or is there a revshare deal that gives the affiliate a share of the casino's net profit?
No matter how you spin it, an average (depositing) player is worth around €300 to a casino in the long run.
I want to describe this objectively (this is not meant to sound like "oh the poor casino").
But in fact, the casino has to cover some costs from these 300 euros:
for example, the licenses for the games offered, office rent, gambling license costs, notaries, lawyers, web designers - generally all employee salaries for support, payment, development, the "executive floor" and also affiliate costs have to be covered.
I.e. most casinos make 50/50 deals and give 50% of the net gaming revenue to the affiliate.
I.e. either you get 50% revshare of the net profit that is made (not the revenue), or you get a one-time commission, which is usually a bit lower than earning 50% in the long run.
The reason for the lower one-time commission (CPA) is that the casino pays in advance.
Example: If a player deposits 20 Euros and the casino pays a one-time commission of 120 Euros to the affiliate, the casino first makes a loss. Therefore, these one-time commissions are set somewhat lower and amount to around 80-100 euros per FTD (First Time Depositor).

To come back to the streamer Trainwreck:
Let's assume he actually finds 2000 new real money players and the casino would pay him a flat commission of 100 euros for each player, then he would earn around 200,000 euros with each stream. But seriously, even that is not realistic and too high.
You just have to imagine the administrative effort for the casino, if there daily 2000 new customers would come, of which some have deposit problems, others ask questions to the support etc.. - that is not manageable at all, unless a team of 100 employees (including 30-50 colleagues in support) faces the rush of customers.
In fact, I can imagine that he gets paid between 50,000 euros to 100,000 euros per stream as advertising commission
But that's a long way from a million per day.

What he's doing is beyond words. Apparently he does have a high crypto fortune and also I believe he is playing with real money. But I suspect that the fortune comes from a time when bitcoins were available for under 100 euros each.
It is definitely not possible to recover such losses to some extent by casino streams.
He makes minus, he loses millions in one day and he makes no secret of it - so I must honestly say: Respect for his honesty at this point, but his gambling behavior will ruin him sooner or later.

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Krabbenburger wrote on 22.02.2022 at 20:47
It is also quite possible that Stake provides him with a Bitcoin wallet with which he can Deposit . The whole thing could be contractually agreed how he may use this wallet .
I do not think that gambling is a losing proposition for him.
No matter whether it is now 800% Bonuses or whether the entire capital is made available for gambling. With his range he will not make a loss with the gambling.

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The 10% figure is of course massively exaggerated, I can tell you from experience that the rate of new registrations is definitely lower.

If he has 45,000 live viewers and a total of 100,000 per day watch his stream, a maximum of 2% of viewers will re-register in the advertised casino.

It seems that he actually has a high crypto net worth

If you search your wallet a bit, there is always around 1 million BTC from one provider. Of course I can't confirm that now but it would make sense.

I also think that Stake doesn't necessarily have to make a "win" every month with Train. Just having this "exclusive" would be enough for Stake.
Thus most of the money comes from Train itself. He also talked about this in today's meeting, that it can't go on like this (see below).

Train is the biggest, most interesting and most popular casino Streamer at the moment.

His transparency is unique and he has proven this again very well at today's meeting.

It is also very important to mention that Train does NOT have a CODE to recruit people.

I have recorded and uploaded the important 25 minutes from today.
There he tells the following points:

- It's getting "tight" with the balance sheet... so many losses and that it probably can't go on like this.
- RTP and Provider - his opinion and how he sits in the scope. (Comparison with Rosh).
- Comparison offline / online gaming. (Before his online stream time he gambled offline for himself).
- The casino owners are targeting him and (probably) manipulating his sessions.

Regarding the RTP story, I still found this
It's very interesting how he shoots here against Stake and their providers, since he doesn't even come close to the RTP, even though he plays 1-2 days through.

It is also quite possible that Stake provides him with a Bitcoin wallet with which he can deposit .

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