Stake Eddie’s 2023 Prediction

Those of us with a keen interest in what is going on behind the scenes at Stake were pleased to see an article from Eddie himself pop up on medium.com a few days ago.

The report begins by highlighting the main events that we saw affect the platform in 2022, but having experienced all of this with them already, we’re a little keener on his insights for the upcoming year, which he follows up with later in the article.

“I’m not in the business of making predictions, but let me have a go” Eddie begins, before first going on to talk about the crypto market. This comes as no surprise, given that the acceptance of this modern payment method is one of Stake’s unique selling points.

First, let’s take a look at some of the record numbers produced by Stake over the previous 12 months. Just in case you needed some perspective on the size that Stake has grown to:

“We saw a monumental 65+ billion bets on Stake throughout the year”.

As also mentioned by the article, this equates to 2,000 bets every second. This is a seriously impressive number and even know we knew very well that the platform was in a particularly prosperous position, it’s difficult to not still be blown away by such numbers.

“In December, Stake was responsible for over 5% of global Bitcoin transactions, over 12% of all Dogecoin transactions and over 15% of all Litecoin transactions”.

Stake is one of the world’s most popular crypto casinos, and even after the recent crypto crash, the site managed to pull through and be responsible for notable portions of the entire planet’s crypto transactions.

Taking into account the importance of cryptocurrencies at Stake, let’s take a look at what Eddie is expecting the market to look like as 2023 unfolds.

As we all do, Eddie is hoping to see a recovery in the crypto sector, however he’s under no illusions of the limits to this possibility. “I don’t think leading coins like Bitcoin or Ethereum will reach the heights that they did in 2020 or 2021 but I certainly expect to see them recover slightly”.

There are still many traditional gambling sites out there that are yet to implement crypto and there’s a good chance this could see them fall behind the competition unless they act soon.

Despite the “Crytpo Winter”, in which the world saw the value of cryptocurrencies plummet across the board, Eddie believes that blockchain will continue to develop - particularly in the gaming sector - which will inevitably have a positive impact on the value of cryptocurrencies.

Following the rise of video game streaming, wagering on Esports soon picked up traction as fans wanted to bet on the action they were witnessing take place live. Rings a bell, doesn’t it?

“When it comes to e-sports, I reckon the sector is going to continue its immense growth and that engagement when it comes to gambling will mimic ‘traditional’ sports in that people will start viewing the two in the same light”. We couldn’t agree with Eddie more.

In what is usually called a “LAN Event”, Esports tournaments have long taken place at physical locations where Esports Pros are on a level playing field when it comes to equipment, ping and connectivity.

In recent years, audiences for these events have grown to a point where stadiums are being hired to accommodate them. As the stature of these events continues to grow, so will the desire to gamble on them and, in turn, we’ll see an increase in Esports markets.

Another big year is predicted at Stake and all of the evidence points towards it.

We saw the end-of-year Stake x Drake event, as well as the popularity of the 25 Days Of Christmas promotion and each of these have done nothing but prime the platform for a successful 2023.

“2023 is going to be a big year, with new partnerships, even more games, updates and more, all designed to maximise customer enjoyment”.

Judging by some of the sponsorships we’ve seen from Stake already this January, it’s clear that the brand is going to be very serious when it comes to getting its name out there this year. If you've yet to register an account, now is the time to do so using promo code HUGE.

The recent FA Cup sponsorships with Cardiff City, Sheffield Wednesday and Gillingham Football Club, as well as the continuous partnership with Drake, proves that Stake has the reputation it needs to provide sponsorships with some big brands, so it’s only a matter of time before we see another remarkable deal.

These deals only mean upgrades to the Stake platform, where we’ll see new games and updates that help keep Stake at the very top of its game.