Please take a look at my Statistics: https://ibb.co/Hxf8NpR
What do the BTC, ETH and USDT amounts below "Wagered" represent?
Topic: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All - page 14. (Read 24292 times)
Religions are beliefs and not proofs!
Stunna itself informed that provably fair is not in line with the current game testing required by regulators and providers are not seeing great value in it.
The Crypto Gambling Foundation is a ghost!
The email adresses are not working and the managing director Chris Butler is not reachable!
Stunna itself informed that provably fair is not in line with the current game testing required by regulators and providers are not seeing great value in it.
I can't speak for all members of the CGF but I will say this.
Provably fair gaming is important and maintains a major part of our website. However, we cannot ignore the fact that people want to play games like livedealer and it is simply impossible to compete at a higher level without partnering with the providers that people want.
Provably fair has not been embraced by the greater industry because it is not in line with the current game testing required by regulators and providers are not seeing great value in it.
The CGF has been met with great resistance when trying to fight these matters. But I would like to see a reboot of the CGF with all the big crypto gambling players involved to lobby in unison for positive change regarding the legal acceptance of crypto in regulated markets along with a push for provably fair.
All the CGF represents is a group of likeminded people, I cannot say it has been a great success but we will be organizing soon to discuss the future. If other members have issues with Stake/Onehash third party software then I invite them to voice their opinion to have those sites removed.
Provably fair gaming is important and maintains a major part of our website. However, we cannot ignore the fact that people want to play games like livedealer and it is simply impossible to compete at a higher level without partnering with the providers that people want.
Provably fair has not been embraced by the greater industry because it is not in line with the current game testing required by regulators and providers are not seeing great value in it.
The CGF has been met with great resistance when trying to fight these matters. But I would like to see a reboot of the CGF with all the big crypto gambling players involved to lobby in unison for positive change regarding the legal acceptance of crypto in regulated markets along with a push for provably fair.
All the CGF represents is a group of likeminded people, I cannot say it has been a great success but we will be organizing soon to discuss the future. If other members have issues with Stake/Onehash third party software then I invite them to voice their opinion to have those sites removed.
The Crypto Gambling Foundation is a ghost!
The email adresses are not working and the managing director Chris Butler is not reachable!
The cool thing about provably fair is it doesn't require you to trust any person or business or regulator...just math and logic. Trusting a regulator is to religion as provably fair is to science.
It's really not all that complicated, but you do have to be willing to put the effort into educating yourself on how it works - and it does take a bit of effort. You have all the tools you need, I hope you choose to use them instead of ranting like a lunatic.
It is good to know that such a platform do exist. This will help alot to regulate many unsettled activities of the gambling world and I strongly believe it will also have a tough to bet company as well. As we all know, most complaints coming here are mostly from the casinos which I believe you can handle. If you do not mind, I will urge you to go through some topics here, you will see some complaints from bettors and gamblers in respect to theirs fund's being withheld by the casinos they registered with. I think you can look into it and do something about it and if I may ask is there any possibility of enacting principles, procedures, guidelines for casinos establishing and however check the parameters at which they also set their games so as to be on the neutral level for both the casino companies and their customers to some Fair point enough.
Religions are beliefs and not proofs!
Stunna itself informed that provably fair is not in line with the current game testing required by regulators and providers are not seeing great value in it.
The Crypto Gambling Foundation is a ghost!
The email adresses are not working and the managing director Chris Butler is not reachable!
Stunna itself informed that provably fair is not in line with the current game testing required by regulators and providers are not seeing great value in it.
I can't speak for all members of the CGF but I will say this.
Provably fair gaming is important and maintains a major part of our website. However, we cannot ignore the fact that people want to play games like livedealer and it is simply impossible to compete at a higher level without partnering with the providers that people want.
Provably fair has not been embraced by the greater industry because it is not in line with the current game testing required by regulators and providers are not seeing great value in it.
The CGF has been met with great resistance when trying to fight these matters. But I would like to see a reboot of the CGF with all the big crypto gambling players involved to lobby in unison for positive change regarding the legal acceptance of crypto in regulated markets along with a push for provably fair.
All the CGF represents is a group of likeminded people, I cannot say it has been a great success but we will be organizing soon to discuss the future. If other members have issues with Stake/Onehash third party software then I invite them to voice their opinion to have those sites removed.
Provably fair gaming is important and maintains a major part of our website. However, we cannot ignore the fact that people want to play games like livedealer and it is simply impossible to compete at a higher level without partnering with the providers that people want.
Provably fair has not been embraced by the greater industry because it is not in line with the current game testing required by regulators and providers are not seeing great value in it.
The CGF has been met with great resistance when trying to fight these matters. But I would like to see a reboot of the CGF with all the big crypto gambling players involved to lobby in unison for positive change regarding the legal acceptance of crypto in regulated markets along with a push for provably fair.
All the CGF represents is a group of likeminded people, I cannot say it has been a great success but we will be organizing soon to discuss the future. If other members have issues with Stake/Onehash third party software then I invite them to voice their opinion to have those sites removed.
The Crypto Gambling Foundation is a ghost!
The email adresses are not working and the managing director Chris Butler is not reachable!
No, it really doesn't.
I already explained to you how you could go about finding evidence that they are.
I missed it?It was a few posts ago...
Your statistics are not accurate. If you didn't save the hashed server seed before making your first bet and each time you changed your seed (if you ever changed it), then you missed the opportunity to prove whether the outcomes were fair. To prove that each hand is fair going forward:
- take note of the next hashed server seed (click on fairness > seeds)
- choose a new client seed,
- play the hand
- change your seed again to reveal the server seed (don't forget to save the new hash provided for the next seed pair)
- verify the outcome and check to make sure the server seed matches with the hash that you were provided before setting your seed
- take note of the next hashed server seed (click on fairness > seeds)
- choose a new client seed,
- play the hand
- change your seed again to reveal the server seed (don't forget to save the new hash provided for the next seed pair)
- verify the outcome and check to make sure the server seed matches with the hash that you were provided before setting your seed
Hey maybe they're rigging it.
Looks like! 
Not answering is very suspicious, if they have nothing to hide!
I already explained to you how you could go about finding evidence that they are.
I missed it?I am curious though....are you claiming that all ~180,000 of the bets you made on stake in the past year have been Stake Originals Black Jack? Or did you play other games/variations as well?
I played only Black Jack. I informed you that I lost 4,6% of my bets and you say no, "Bets" means "Hands" and I lost 4,6% of my hands, because
So you claim I lost 4,6% of my hands because statistically I have to lose around 7,5% of my hands!
(49,5% hands to lose - 42% hands to win = 7,5% more hands to lose)
If it is true that "Bets" means "Hands", then I won 2,9% more of the hands like I statistically should:
7,5% - 4,6% = 2,9% hands more won
Winning 2,9% more of the hands means I experienced a 2,9% player edge
The 0,4% rewards are another 0,4% player edge = 3,3% player edge
3,3% player edge - 0,5% house edge = 2,8% player edge
2,8% player edge from 9,44 million USD wagered = 264,000 USD win
So if it is true what you say, I would be around 264,000 USD up
But I am not up and lost a substantial amount, hence what you say can not be true!
Each blackjack hand has a ~42% chance of winning, ~8.5% chance of pushing and ~49.5% chance of losing. That means over 180,000 hands you should expect around 89,000 of them to be losing bets.
So you claim I lost 4,6% of my hands because statistically I have to lose around 7,5% of my hands!
(49,5% hands to lose - 42% hands to win = 7,5% more hands to lose)
If it is true that "Bets" means "Hands", then I won 2,9% more of the hands like I statistically should:
7,5% - 4,6% = 2,9% hands more won
Winning 2,9% more of the hands means I experienced a 2,9% player edge
The 0,4% rewards are another 0,4% player edge = 3,3% player edge
3,3% player edge - 0,5% house edge = 2,8% player edge
2,8% player edge from 9,44 million USD wagered = 264,000 USD win
So if it is true what you say, I would be around 264,000 USD up
But I am not up and lost a substantial amount, hence what you say can not be true!
Hey maybe they're rigging it. I already explained to you how you could go about finding evidence that they are.
More likely, I think the issue is a combination of you overestimating your ability to understand basic statistics and play basic (optimal) bj strategy.
I am curious though....are you claiming that all ~180,000 of the bets you made on stake in the past year have been Stake Originals Black Jack? Or did you play other games/variations as well?
I informed you that I lost 4,6% of my bets and you say no, "Bets" means "Hands" and I lost 4,6% of my hands, because
So you claim I lost 4,6% of my hands because statistically I have to lose around 7,5% of my hands!
(49,5% hands to lose - 42% hands to win = 7,5% more hands to lose)
If it is true that "Bets" means "Hands", then I won 2,9% more of the hands like I statistically should:
7,5% - 4,6% = 2,9% hands more won
Winning 2,9% more of the hands means I experienced a 2,9% player edge
The 0,4% rewards are another 0,4% player edge = 3,3% player edge
3,3% player edge - 0,5% house edge = 2,8% player edge
2,8% player edge from 9,44 million USD wagered = 264,000 USD win
So if it is true what you say, I would be around 264,000 USD up
But I am not up and lost a substantial amount, hence what you say can not be true!
Each blackjack hand has a ~42% chance of winning, ~8.5% chance of pushing and ~49.5% chance of losing. That means over 180,000 hands you should expect around 89,000 of them to be losing bets.
So you claim I lost 4,6% of my hands because statistically I have to lose around 7,5% of my hands!
(49,5% hands to lose - 42% hands to win = 7,5% more hands to lose)
If it is true that "Bets" means "Hands", then I won 2,9% more of the hands like I statistically should:
7,5% - 4,6% = 2,9% hands more won
Winning 2,9% more of the hands means I experienced a 2,9% player edge
The 0,4% rewards are another 0,4% player edge = 3,3% player edge
3,3% player edge - 0,5% house edge = 2,8% player edge
2,8% player edge from 9,44 million USD wagered = 264,000 USD win
So if it is true what you say, I would be around 264,000 USD up
But I am not up and lost a substantial amount, hence what you say can not be true!
I am still waiting for your explanation how Stake calculates the total amount wagered if they count only 1 bet amount per hand, even if I made 2, 3 or 4 bet amounts?
Please also explain how Stake calculates my balance after each hand?
If they count only 1 bet amount per hand and also do not add the 0,5 additional bet amount when I won a Black Jack, then there is some amount missing?
How do they do this with Roulette?
At Roulette you can place 10 or 20 bets with different bet amounts and different payout multiplicators.
According to you, they will count only 1 bet amount per hand and then state in the statistics below "Bets" 1 and then below "Wins" or "Losses" 1.
Also, please explain how they calculate my balance after each hand if they count only 1 bet amount out of the 10 or 20 bet amounts placed?
Please also explain how Stake calculates my balance after each hand?
If they count only 1 bet amount per hand and also do not add the 0,5 additional bet amount when I won a Black Jack, then there is some amount missing?
How do they do this with Roulette?
At Roulette you can place 10 or 20 bets with different bet amounts and different payout multiplicators.
According to you, they will count only 1 bet amount per hand and then state in the statistics below "Bets" 1 and then below "Wins" or "Losses" 1.
Also, please explain how they calculate my balance after each hand if they count only 1 bet amount out of the 10 or 20 bet amounts placed?
For each hand of blackjack you play, your total bets is increased by one. Doesn't matter if you split or double, your total bets is still just increased by one.
When the hand is completed, stake adds up the total amount you bet for the hand and then adds that amount to your total wagered.
So , if you make a 5 usdt bet and you decide to double down in that hand, your total bets is increased by 1 and your total usdt wagered is increased by 10 usdt.
For roulette, reach time the wheel spins, that's one bet. However much money you bet on that one soon is added to your total amount wagered.
It's really not that complicated.
Do you really need me to explain how a balance is calculated?
I am still waiting for your explanation how Stake calculates the total amount wagered if they count only 1 bet amount per hand, even if I made 2, 3 or 4 bet amounts?
Please also explain how Stake calculates my balance after each hand?
If they count only 1 bet amount per hand and also do not add the 0,5 additional bet amount when I won a Black Jack, then there is some amount missing?
How do they do this with Roulette?
At Roulette you can place 10 or 20 bets with different bet amounts and different payout multiplicators.
According to you, they will count only 1 bet amount per hand and then state in the statistics below "Bets" 1 and then below "Wins" or "Losses" 1.
Also, please explain how they calculate my balance after each hand if they count only 1 bet amount out of the 10 or 20 bet amounts placed?
Please also explain how Stake calculates my balance after each hand?
If they count only 1 bet amount per hand and also do not add the 0,5 additional bet amount when I won a Black Jack, then there is some amount missing?
How do they do this with Roulette?
At Roulette you can place 10 or 20 bets with different bet amounts and different payout multiplicators.
According to you, they will count only 1 bet amount per hand and then state in the statistics below "Bets" 1 and then below "Wins" or "Losses" 1.
Also, please explain how they calculate my balance after each hand if they count only 1 bet amount out of the 10 or 20 bet amounts placed?
~
Each hand you are dealt = 1 bet. Doesn't matter how many times you split or double down, it's still considered one bet even though it canwin2 or lose 2 or more. You could easily figure this out for yourself by checking your stats, playing hand where you double or split and then checking your stats again. Your total number of bets will only increase by one.
In conclusion, to answer your question:
I ask the administration of the Crypto Gambling Foundation to prove how this is fair?
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
Your statistics are not accurate. If you didn't save the hashed server seed before making your first bet and each time you changed your seed (if you ever changed it), then you missed the opportunity to prove whether the outcomes were fair. To prove that each hand is fair going forward:
- take note of the next hashed server seed (click on fairness > seeds)
- choose a new client seed,
- play the hand
- change your seed again to reveal the server seed (don't forget to save the new hash provided for the next seed pair)
- verify the outcome and check to make sure the server seed matches with the hash that you were provided before setting your seed
Did you bet exactly the same amount for all 181,000 bets?
NoStake doesn't show how many units you bet or won. For example, if you double down that's 2 "bets" but only 1 bet according to your stake statistics.
How do you know?I sent multiple emails to Stake and the managing director of the Crypto Gambling Foundation Chris Butler and they did not answer.
If in Stake's statistics system "Bets" means hands, why do not they clarify?
Why do not they state "Hands" in the statistics if they mean hands?
How do they calculate how much money you wagered, if they count only the hands?
I make much more bets (split / double) and win much more bets (Black Jack is 1 hand, but gives 1,5 bets win) like hands played to compensate 6,5% of the difference between hands won and hands lost to come down to the 0,5% house edge.
So to properly calculate how much money I wagered, they need to add up all bet amounts.
With having all bet amounts they have the number of bets and then they should also have how many I won and lost.
Now you say instead of stating the number of bets made below "Bets", they state how many hands I played?
In Black Jack, this would be a willful deception, because hands and bets are clearly not the same!
The biggest online crypto coin casino in the world should know this.
Also your pc can read json. It's reading it right now.
Ok. But to open the .json files of my bet history I need to look for an app in the store.And even after I looked for an app in the store, I still need a software which calculates how many bets I won and lost, right?
However, it is Stake's job to show me how many bets I won and lost and not my!
Post your stake stats.
https://ibb.co/Hxf8NpR
A nice initiative there is hope toward maintaining the way online casino is perceived in the outside world. Many friends still find it hard to trust online casinos, the feel since there are no checks on how the operate it could be a manipulative tool for the house. If this can help give order to Online casinos it will greatly increase the trust and usage of online casinos.
I made the 181,000 bets manually.
The statistics about the total number of bets made, wins, losses and amount wagered per crypto currency is shown by Stake.
I downloaded my bet history which is .json format which my pc can not read.
The statistics about the total number of bets made, wins, losses and amount wagered per crypto currency is shown by Stake.
I downloaded my bet history which is .json format which my pc can not read.
Did you bet exactly the same amount for all 181,000 bets?
Stake doesn't show how many units you bet or won. For example, if you double down that's 2 "bets" but only 1 bet according to your stake statistics.
Also your pc can read json. It's reading it right now.
Post your stake stats.
I made the 181,000 bets manually.
The statistics about the total number of bets made, wins, losses and amount wagered per crypto currency is shown by Stake.
I downloaded my bet history which is .json format which my pc can not read.
The statistics about the total number of bets made, wins, losses and amount wagered per crypto currency is shown by Stake.
I downloaded my bet history which is .json format which my pc can not read.
0.5% house edge doesn't mean 99.5% of your bets will be winning bets.
No, it means 49.75% of my bets will be winning bets.It means the house averages a profit of 0.5% of each wager (assuming the player makes optimal strategy).
The house averages a profit of 0,5% of each wager is exactly the same like the house averages a profit of a half bet per 100 bets:So if you bet 100 times 1 Euro, you will lose in average 100 x 0,5% of 1 Euro = 50 cents
And after you made 100 bets, you will have lost in average a half 1 Euro bet = 50 cents
Each blackjack hand has a ~42% chance of winning, ~8.5% chance of pushing and ~49.5% chance of losing. That means over 180,000 hands you should expect around 89,000 of them to be losing bets.
You mix hands with bets, but hands won and bets won is not the same!When I get a Black Jack, I win 1 hand, but win 1,5 bets.
Also, in 1 hand I can win up to 4 bets, because I can split 1 time and double up to 2 times
Now you can say ok, when I can win 4 bets in a hand I can also lose 4 bets in a hand = balanced
But the difference is when I split or double a hand according to the perfect strategy I have a higher winning percentage, so long term splitting and doubling brings much more additional bets won than the number of hands won.
Hence, you can not use the hands 42% win / 8,5% push / 49,5% loss statistic to explain the 4,6% difference I experienced between bets won and bets lost.
If there is a 4,6% difference between bets won and bets lost, then the house edge is 4,6% and not 0,5% as advertised by Stake!
Ok I misunderstood what you meant by bets.
Were you using a bot to play all these hands and record the data? Or could you explain how you were able to play 180,000 hands perfectly and record the data?
0.5% house edge doesn't mean 99.5% of your bets will be winning bets.
No, it means 49.75% of my bets will be winning bets.It means the house averages a profit of 0.5% of each wager (assuming the player makes optimal strategy).
The house averages a profit of 0,5% of each wager is exactly the same like the house averages a profit of a half bet per 100 bets:So if you bet 100 times 1 Euro, you will lose in average 100 x 0,5% of 1 Euro = 50 cents
And after you made 100 bets, you will have lost in average a half 1 Euro bet = 50 cents
Each blackjack hand has a ~42% chance of winning, ~8.5% chance of pushing and ~49.5% chance of losing. That means over 180,000 hands you should expect around 89,000 of them to be losing bets.
You mix hands with bets, but hands won and bets won is not the same!When I get a Black Jack, I win 1 hand, but win 1,5 bets.
Also, in 1 hand I can win up to 4 bets, because I can split 1 time and double up to 2 times
Now you can say ok, when I can win 4 bets in a hand I can also lose 4 bets in a hand = balanced
But the difference is when I split or double a hand according to the perfect strategy I have a higher winning percentage, so long term splitting and doubling brings much more additional bets won than the number of hands won.
Hence, you can not use the hands 42% win / 8,5% push / 49,5% loss statistic to explain the 4,6% difference I experienced between bets won and bets lost.
If there is a 4,6% difference between bets won and bets lost, then the house edge is 4,6% and not 0,5% as advertised by Stake!
I ask the administration of the Crypto Gambling Foundation to prove how this is fair?
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
Blackjack has some skill involved and the house edge assumes you are playing perfectly.
181,000 hands is a shitload of BJ to play. Maybe you made some mistakes or aren't using the best strategy.
Or maybe you just varied your bet size and ran bad when making bigger bets.
Or maybe your math is wrong.
It's impossible to say without a lot more information.
Yes, in average around every 1,000 bet I differed from the perfect drawing strategy by mistake, but that is negligible.
In a fair Black Jack game you will lose 0,5% of the bets if the house edge is 0,5% and this totally independent of your bet size
My math is correct:
Statistics
Bets: 180,904 | Wins: 78,285 | Losses: 86,612 = 8,327 more losses
180,904 bets x 0,5% house edge = 904 bets I should lose
8,327 more losses - 904 bets I should lose = 7,423 bets unjustifiably lost
8,327 more losses x 100 : 180,904 bets = 4,6%
0.5% house edge doesn't mean 99.5% of your best will be winning bets. It means the house averages a profit of 0.5% of each wager (assuming the player makes optimal strategy).
Each blackjack hand has a ~42% chance of winning, ~8.5% chance of pushing and ~49.5% chance of losing. That means over 180,000 hands you should expect around 89,000 of them to be losing bets.
I ask the administration of the Crypto Gambling Foundation to prove how this is fair?
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
Blackjack has some skill involved and the house edge assumes you are playing perfectly.
181,000 hands is a shitload of BJ to play. Maybe you made some mistakes or aren't using the best strategy.
Or maybe you just varied your bet size and ran bad when making bigger bets.
Or maybe your math is wrong.
It's impossible to say without a lot more information.
Yes, in average around every 1,000 bet I differed from the perfect drawing strategy by mistake, but that is negligible.
In a fair Black Jack game you will lose 0,5% of the bets if the house edge is 0,5% and this totally independent of your bet size
My math is correct:
Statistics
Bets: 180,904 | Wins: 78,285 | Losses: 86,612 = 8,327 more losses
180,904 bets x 0,5% house edge = 904 bets I should lose
8,327 more losses - 904 bets I should lose = 7,423 bets unjustifiably lost
8,327 more losses x 100 : 180,904 bets = 4,6%
I ask the administration of the Crypto Gambling Foundation to prove how this is fair?
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
I made 181 thousand bets at Stake's in-house Black Jack and lost 4,5% of the bets while Stake advertises a 0,5% house edge!
Blackjack has some skill involved and the house edge assumes you are playing perfectly.
181,000 hands is a shitload of BJ to play. Maybe you made some mistakes or aren't using the best strategy.
Or maybe you just varied your bet size and ran bad when making bigger bets.
Or maybe your math is wrong.
It's impossible to say without a lot more information.
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