When he deposits money, he does it to his BTC PUBLIC wallet which is visible to everyone.
Give the wallet address that you can see the money flow in the blockchain explorer. If he is so transparent, he will have already shown it several times.
It is -4 million but meanwhile also 30% of his crypto assets. This tweet from just now confirms that:
There was no drop of 30% on Feb 20, not even close. BTC, for example, dropped ~5.72% (similar for almost all cryptocurrencies) - where did this 30% come from ?
@all
Stop insulting each other for once, it's not going anywhere.
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 ?
I think this means he deposited 30% of his cryptos and lost
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
Ah, ok, nice
But, as I wrote several times, I don't care how these guys make their money. For me it's just entertainment, like watching TV and I don't think about how real it is when Supi flies through the air...
Personally I don't like anything about Train, but he seems to have found a way to make money out of shit. All right, I'm just too stupid for...
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:
I hope I didn't misunderstand your post, but I want to say something about 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.
First question is, where does 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's not manageable at all, unless a team of 100 employees (including 30-50 colleagues in support) is facing 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.
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.
Super text I wanted to praise times quickly whereby the last sentence has given the whole again a momentum very good to mention
There was more than one millionaire who has already gone bankrupt simply by their own fault there play the numbers on the account usually only a secondary role but mostly it still hits those where the wealth has flown to be it by lottery or crypto etc. the right millionaires (stupid expression) who have earned the money remain very good millionaires because they are more or less not wasteful
What I want to say at the end with it money alone is not enough for a carefree life you always find a way to spend it no matter how much you have the discipline must always be in the right proportion
WOW, thank you for your input and all your text. That makes me mega happy when you can discuss about Train and thus some new insights come through it
Your calculation and your thoughts are definitely legitimate and you are also right so far
I guess I misunderstood a bit about the "session" and the 1M. I searched my hard drive a bit and found this:
(He also says he only has to play 4 hours but I don't understand if that is meant per session or per month).
The way he describes it here, he probably gets a fixed monthly sum. But this sum has to be at least one million. If you search your wallet a bit, there is always about 1 million BTC from one provider. Of course, I can not confirm this 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
So 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 now the biggest, most interesting and popularized casino Streamer currently. No one comes close to his stakes and his 30 - 48 hours of stream time per session
His transparency is unparalleled and he proved this again very well at today's session
It is also very important to mention that Train does NOT have a CODE to recruit people. Stake pays him for 4 hours. Whether this is per session or per month, I could not hear or find out yet
I have the important 25 minutes of today times recorded and uploaded.
There he tells the following points:
- It is slowly "tight" with the balance... so many losses and that it probably can not 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.
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.
It is also possible that Stake will provide 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 for him is a losing proposition.
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.
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.
As written above he describes in today's statement that it is definitely a losing business currently .
I don't want to say that he doesn't make money (he makes enough with subs, sponsors, merch, etc...) but the pure "gambling" is a loss, according to his statement today
Regarding the RTP story, I still found this. It is very interesting how he shoots here against Stake and their Provider, since he does not even come close to the RTP, although he plays 1-2 days through:
Okay, I took a look at the payment flow of the wallet. However, I limited this to February because of the amount of data.
Ahead
Trains Wallet in transaction network : https://imgur.com/a/53QbSXV
BTC transaction worth 1 million : https://imgur.com/ugberX3
Visualization : https://explorer.bitquery.io/bitcoin/address/3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2/graph
Who wants to look for himself -> set details to maximum
The first thing to notice is that within the transaction network several addresses start with "bc1q" which indicates subwallets of Stake.
Now I have tracked all deposits and without exception these Deposit wallets receive their money from one or more bc1q addresses,
i.e. from the Stake network. Example : https://www.blockchain.com/btc/address/32VwkjFv34UbRK8cPW4upeYFSGadBxJneS
Here the wallet receives 32VwkjFv34UbRK8cPW4upeYFSGadBxJneS 14 Bitcoin from bc1qssqtw33x2g3ahyvejnss8vlg9v366ex8aurmq5 and sends 10 BTC of it immediately to 3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2 (i.e. TRains Wallet)
There are several of such transactions - however, all of these addresses receive the coins from the Stake network.
I have not found any deposits that could be private in nature (but I have also only tracked transactions over 1 BTC).
The 1 million he receives per month is traceably transferred from Stake to his player wallet. -> https://imgur.com/ugberX3
All other deposits can eventually be traced back to the address block starting with bc1q. External deposits could not be identified
In the end I would have had to find his private wallet with his "assets". This was not the case.
Therefore, I conclude that Train is not playing with his own money.
I would be happy if someone checks this again.
@Matthias
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.
The Affiliate stats I have seen give a conversion rate of 3 - 3.5%
The average uservalue was 8 to 10 Euro per month - so 800 to 1000 Euro for 1000 referred customers with at least one deposit.
However, the statistics are already a few years old, so it may well be that you are better with the estimates.
It seems that he actually has a high crypto net worth
Yes exactly ...since crypto casinos are in vogue among streamers it seems everyone has found a few hundred bitcoins in their wallet
So to me it looks like Train has a promotion deal where he streams a monthly quota of hours at Stake Casino and gets a fixed amount for it.
I would also put here 50,000 to a maximum of 100,000 euros.
@table1
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.
Correct, he gets 1 million worth of bitcoins posted from the Stake network to his player account, see https://imgur.com/ugberX3
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).
I have not found any deposits in the transaction network that indicate the use of private assets.
Train is the biggest, most interesting and most popular casino Streamer at the moment.
The biggest in terms of viewer numbers - but it's no secret that especially in the slot category viewers are bought till the doctor comes.I don't think Train will buy them either,
if so, then the casino will do that, which has a legitimate interest in the "brand ambassador" is listed high.
The most interesting .... I think that is very subjective, from my point of view, his entertainment value is rather casino streamer standard. But there everyone has his own opinion.
The most popular .... I think that is not so easy to determine. The net community reports just as often (if not more) about Roshtein or Casinodaddy - of course, this may change in the future.
His transparency is unique and he has proven this again very well at today's meeting.
He is not more transparent than other casino streamers or is there e.g. a detailed balance sheet of his deposits/payments (win/loss statement)?
It is also very important to mention that Train does NOT have a CODE to recruit people.
Why is this important ? He is paid (unlike the affiliate) for the advertising, there is no need for a code.
Affiliates and promoters both do advertising for a booth, only the way of payment is different.
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.
Ahjaaa, the obligatory story hour ... bit of drama has always entertained the masses
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.
Well, maybe he should inform himself again what RTP is and how it is determined, obviously he did not understand it.
@Krabbenburger
It is also quite possible that Stake provides him with a Bitcoin wallet with which he can deposit .
Yes, that is obviously how it is. The coins are posted from the Stake network to his player account - at least that's how it looks in the transaction history of his wallet address.
As I said, if you want to have a look yourself -> https://explorer.bitquery.io/bitcoin/address/3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2/graph
and set details to maximum.
PS: Please do not be surprised if my answers need a few days. I hardly have time at the moment.
Casino Streamer Fake money or Real?
Nobody has liked this post so far
Give the wallet address that you can see the money flow in the blockchain explorer. If he is so transparent, he will have already shown it several times.
There was no drop of 30% on Feb 20, not even close. BTC, for example, dropped ~5.72% (similar for almost all cryptocurrencies) - where did this 30% come from ?
@all
Stop insulting each other for once, it's not going anywhere.
This post has been translated automatically
Casino Streamer Fake money or Real?
Nobody has liked this post so far
I think this means he deposited 30% of his cryptos and lost
This post has been translated automatically
Casino Streamer Fake money or Real?
Nobody has liked this post so far
Ah, ok, nice
But, as I wrote several times, I don't care how these guys make their money. For me it's just entertainment, like watching TV and I don't think about how real it is when Supi flies through the air...
Personally I don't like anything about Train, but he seems to have found a way to make money out of shit. All right, I'm just too stupid for...
This post has been translated automatically
Casino Streamer Fake money or Real?
Nobody has liked this post so far
gladly, here is the BTC address of TrainwrecksTV where he makes his deposits to the casino:
3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2
https://www.blockchain.com/btc/address/3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2
Screenshot from the stream:
https://i.ibb.co/NYXy4zr/2022-02-20-23-01-06-800-K-giveaway-today-18-gambling-ad-twitter-instagram-podcast-you.png
This post has been translated automatically
Casino Streamer Fake money or Real?
Liked this post: Anonym, Anonym,
Byrrrd, 
gamble1, 
sippi, 
table1
I hope I didn't misunderstand your post, but I want to say something about 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.
First question is, where does 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's not manageable at all, unless a team of 100 employees (including 30-50 colleagues in support) is facing 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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Casino Streamer Fake money or Real?
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MisterL
Super text I wanted to praise times quickly whereby the last sentence has given the whole again a momentum very good to mention
There was more than one millionaire who has already gone bankrupt simply by their own fault there play the numbers on the account usually only a secondary role but mostly it still hits those where the wealth has flown to be it by lottery or crypto etc. the right millionaires (stupid expression) who have earned the money remain very good millionaires because they are more or less not wasteful
What I want to say at the end with it money alone is not enough for a carefree life you always find a way to spend it no matter how much you have the discipline must always be in the right proportion
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Casino Streamer Fake money or Real?
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WOW, thank you for your input and all your text. That makes me mega happy when you can discuss about Train and thus some new insights come through it
Your calculation and your thoughts are definitely legitimate and you are also right so far
I guess I misunderstood a bit about the "session" and the 1M. I searched my hard drive a bit and found this:
(He also says he only has to play 4 hours but I don't understand if that is meant per session or per month).
The way he describes it here, he probably gets a fixed monthly sum. But this sum has to be at least one million. If you search your wallet a bit, there is always about 1 million BTC from one provider. Of course, I can not confirm this 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
So 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 now the biggest, most interesting and popularized casino Streamer currently. No one comes close to his stakes and his 30 - 48 hours of stream time per session
His transparency is unparalleled and he proved this again very well at today's session
It is also very important to mention that Train does NOT have a CODE to recruit people. Stake pays him for 4 hours. Whether this is per session or per month, I could not hear or find out yet
I have the important 25 minutes of today times recorded and uploaded.
There he tells the following points:
- It is slowly "tight" with the balance... so many losses and that it probably can not 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.
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Casino Streamer Fake money or Real?
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It is also possible that Stake will provide 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 for him is a losing proposition.
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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Casino Streamer Fake money or Real?
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As written above he describes in today's statement that it is definitely a losing business currently .
I don't want to say that he doesn't make money (he makes enough with subs, sponsors, merch, etc...) but the pure "gambling" is a loss, according to his statement today
Regarding the RTP story, I still found this. It is very interesting how he shoots here against Stake and their Provider, since he does not even come close to the RTP, although he plays 1-2 days through:
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Casino Streamer Fake money or Real?
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Byrrrd
Ahead
Trains Wallet in transaction network : https://imgur.com/a/53QbSXV
BTC transaction worth 1 million : https://imgur.com/ugberX3
Visualization : https://explorer.bitquery.io/bitcoin/address/3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2/graph
Who wants to look for himself -> set details to maximum
The first thing to notice is that within the transaction network several addresses start with "bc1q" which indicates subwallets of Stake.
Now I have tracked all deposits and without exception these Deposit wallets receive their money from one or more bc1q addresses,
i.e. from the Stake network. Example : https://www.blockchain.com/btc/address/32VwkjFv34UbRK8cPW4upeYFSGadBxJneS
Here the wallet receives 32VwkjFv34UbRK8cPW4upeYFSGadBxJneS 14 Bitcoin from bc1qssqtw33x2g3ahyvejnss8vlg9v366ex8aurmq5 and sends 10 BTC of it immediately to 3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2 (i.e. TRains Wallet)
There are several of such transactions - however, all of these addresses receive the coins from the Stake network.
I have not found any deposits that could be private in nature (but I have also only tracked transactions over 1 BTC).
The 1 million he receives per month is traceably transferred from Stake to his player wallet. -> https://imgur.com/ugberX3
All other deposits can eventually be traced back to the address block starting with bc1q. External deposits could not be identified
In the end I would have had to find his private wallet with his "assets". This was not the case.
Therefore, I conclude that Train is not playing with his own money.
I would be happy if someone checks this again.
@Matthias
The Affiliate stats I have seen give a conversion rate of 3 - 3.5%
The average uservalue was 8 to 10 Euro per month - so 800 to 1000 Euro for 1000 referred customers with at least one deposit.
However, the statistics are already a few years old, so it may well be that you are better with the estimates.
Yes exactly ...since crypto casinos are in vogue among streamers it seems everyone has found a few hundred bitcoins in their wallet
So to me it looks like Train has a promotion deal where he streams a monthly quota of hours at Stake Casino and gets a fixed amount for it.
I would also put here 50,000 to a maximum of 100,000 euros.
@table1
Correct, he gets 1 million worth of bitcoins posted from the Stake network to his player account, see https://imgur.com/ugberX3
I have not found any deposits in the transaction network that indicate the use of private assets.
The biggest in terms of viewer numbers - but it's no secret that especially in the slot category viewers are bought till the doctor comes.I don't think Train will buy them either,
if so, then the casino will do that, which has a legitimate interest in the "brand ambassador" is listed high.
The most interesting .... I think that is very subjective, from my point of view, his entertainment value is rather casino streamer standard. But there everyone has his own opinion.
The most popular .... I think that is not so easy to determine. The net community reports just as often (if not more) about Roshtein or Casinodaddy - of course, this may change in the future.
He is not more transparent than other casino streamers or is there e.g. a detailed balance sheet of his deposits/payments (win/loss statement)?
Why is this important ? He is paid (unlike the affiliate) for the advertising, there is no need for a code.
Affiliates and promoters both do advertising for a booth, only the way of payment is different.
Ahjaaa, the obligatory story hour ... bit of drama has always entertained the masses
Well, maybe he should inform himself again what RTP is and how it is determined, obviously he did not understand it.
@Krabbenburger
Yes, that is obviously how it is. The coins are posted from the Stake network to his player account - at least that's how it looks in the transaction history of his wallet address.
As I said, if you want to have a look yourself -> https://explorer.bitquery.io/bitcoin/address/3QzhXRBvZuKcj8Aoa9v6cN9WgeXKgjxWT2/graph
and set details to maximum.
PS: Please do not be surprised if my answers need a few days. I hardly have time at the moment.
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