They are called whales for a reason, they can gamble at a high amount but they can still afford to lose that.
Also we cannot say they are wasting their money in gambling because it could be a way to entertain themselves and who knows
they make money from different venture like trading or having a profitable business.

We really have no idea, all we see is the amount they bet.

$250 will be splitted to 100 winner there is no minimum followers mention so if you don't have much followers it mean you can join. But I think at least you have 30 followers on your Instagram account so that it doesn't look like creating a new account just following this giveaway.

Would this not be a bad idea if you want to remain anonymous? Linking your Stake.com account to your Instagram account would reveal your true identity and that might bring it's own challenges.   

I always try to keep my identity a secret from the fellow gamblers on the site <not the owners of the site> because you get weird and scary people out there that might target you, if you dox yourself like this. <Just imagine if you win a huge Jackpot in the future and everyone knew your true identity> 

Wow nice, another good job for stake.com i will try to join also and try mu luck for the instagram giveaway. I have instagram account with 100 followers and I think is enough and I  hope im the one who in 100 winner. If they splitted to the 100 dollars the winners of the giveaway will get only 2.5 dollars I will try it later and try check the requiremtents of that.

I also saw somewhere that Stakes.com has expanded its campaign to lower ranks.
Of course, lower payment rates for lower ranks.
Together, we all can help to make Stake.com become bigger over time.

Is this 250 per person or is this 2.5 per person? If they are giving away 250 dollars to 100 person like for each of them than that is an insane amount of money (about 25 thousand dollars) for a giveaway, it would be really surreal for any casino to just give away that much money just for marketing sake.

Moreover, if its 2.5 dollars per person and the total prize is 250 dollars than there is really nothing major to see here. It is definitely worth a look if you want to give it a shot but I don't personally see it that great if that is the case. I do not have an instagram account so it would be already difficult for me to join but if it is 250 dollars it worth to at least open one up and try your luck however if it is 2.5 dollars I wouldn't even open an instagram account.

That's correct, the prize pool is $250 to be equally divided into 100 random winners.

Smaller amount of winners would suggest a larger prize pool. So I think they would of already considered this and keep it to 100 random winners. The more winners the better for them as it would bring more people to the site.

Also some won 6 btc this morning hitting 5000x in plinko. I didnt see it but people were saying earlier.
Congratulations on the person who hit this.

They don't have to increase the prize pool when minimizing the amount of winners. If they want to increase the prizes of the first 5 rewards they could reduce the 50 prizes or adjust the $ value of the lower rewards. Then again it's only a giveaway I agree that having more winners is better so the event could last long and you can join multiple times to win more than one prize.

Maybe it is like a book, when you don't know, the reader is addressed as a "she"... or because she is using annonymous playing but was talking about her wins in the live chat letting everybody knows it was her