Have any of you heard about this site? It looks like just our WBB team is the only State team on there.
Interesting concept.
Fanstake
- Thread starter Burt Macklin, FBI
- Start date
Have any of you heard about this site? It looks like just our WBB team is the only State team on there.
Interesting concept.
I was just sent a video about it. What do they take off the top?
Edit to add the answer - FAQ
Fanstake takes 0% of unconverted stakes, and typically around 6.99% of the converted stakes. The exact number is dependent on the specific endorsement, but athletes will always get at least 90% of the Staked amount, and 3% is allocated to teammates and/or non-profits. Athletes will additionally have the ability to provide a higher percentage to others if they so choose, and if they select to give it all to registered philanthropic organizations, Fanstake will waive its fee entirely. Furthermore, Fanstake is a proud Pledge 1% member, giving back 1% of profits to philanthropic education organizations.
Edit to add the answer - FAQ
Fanstake takes 0% of unconverted stakes, and typically around 6.99% of the converted stakes. The exact number is dependent on the specific endorsement, but athletes will always get at least 90% of the Staked amount, and 3% is allocated to teammates and/or non-profits. Athletes will additionally have the ability to provide a higher percentage to others if they so choose, and if they select to give it all to registered philanthropic organizations, Fanstake will waive its fee entirely. Furthermore, Fanstake is a proud Pledge 1% member, giving back 1% of profits to philanthropic education organizations.