The Stake Marketing Phenomenon, part 2
Hello, gamblers!
You can read my first part of this post here:
https://www.reddit.com/r/gambling/comments/1sc8eva/the_stake_marketing_phenomenon/
Lets continue!
It’s 2017. EasyGo is up and running, and Stake has officially entered the market. Owners have crypto casino and their own slot game provider. Now the focus shifts to driving traffic to a new crypto product.
What traffic channels did the founders use?
- BitcoinTalk — the top crypto forum of the time
Stake followed PrimeDice’s playbook and created a thread on BitcoinTalk in the Gambling section.
- Signature campaigns
BitcoinTalk users placed a Stake ad signature under every post — paid in BTC. This generated thousands of brand impressions daily across EVERY section of the forum.
- Promotions
$50K weekly challenge, BTC giveaways, biggest multiplier contests, rake races. The founders’ reputation built through PrimeDice since 2013 handled the trust.
Announcements and engagement across crypto subreddits (r/bitcoin, r/cryptocurrency, r/gambling).
- Existing PrimeDice user base
Thousands of loyal crypto gamblers from 2013, effectively migrated to the new platform.
- Micro-streamers on Twitch
Stake started to bought streamers in 2017, when of the first in this niche. Through 2019, mostly micro-influencers: gamers and crypto bloggers.
- Banner ads on crypto sites
Via Coinzilla, Stake ran banners and native ads on DexTools, Etherscan, BscScan, and similar platforms.
- Affiliate program
A referral program paying a percentage of referred players’ losses. Motivated hundreds of bloggers and forum users to promote Stake with no formal contract.
- Community as marketing
Rain: Stake had an active chat open to all registered users. A bot randomly dropped crypto to active participants every few hours.
Live chat: players communicated in real time — creating the feel of a live casino.
Giveaways: random BTC drops for active chat participants.
Rake races: weekly competitions for the highest betting volume, with a prize pool.
Tip system: players could send crypto to each other directly in the chat.
Users felt like insiders, not customers. Stake built a subculture.
- The 2017 BTC bull run
BTC went from ~$1,000 in January to ~$20,000 in December. Millions bought crypto for the first time and were looking for somewhere to spend it.
- Founder’s personal brand
Craven acted like a gambling streamer, not a CEO — played on camera, gave money away, engaged in chats. He posted giveaway and contest links on Twitter and actively ran his crypto account, resonating with the audience and driving significant brand reach.
Result by end of 2018: 100,000+ monthly players (Tehrani, Reddit).
November 2019: sportsbook launch — product expansion.