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Topic: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All - page 16. (Read 25533 times)

hero member
Activity: 1246
Merit: 534
Is my transaction history at Stake provably fair?
I think that you suppose to have add more information so that we can easily understand exactly the areas you are talking about, because i will understand including others when they are a proper explanation of what you said, so right now I'm confused about the thing you said, is your transaction history at stake? Have you make transaction or you are asking a question in the respect that you wish to make a transaction or you have already made a transaction, so that the aspect i wanted to know, it's not that I'm attacking you.
newbie
Activity: 357
Merit: 0
Is my transaction history at Stake provably fair?
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
Most of the users here on this thread face the same issue I faced. I also tried to contact GCF, but it remained unresponsive.
I don't know why there isn't any response from them, but this should be addressed to them properly, and they must respond to us.


May I ask how much you waited for their reply and what channel you used to try to reach out?

I am afraid this lack of response could be a signal of neglect towards this project, probably the whole idea has lost some momentum, which would be sad.
Also, I assume people who is supposed to look after this Foundation also manage their own casinos or business, resulting on them having not enough time to properly update and reply inquiries as they are supposed to.
newbie
Activity: 357
Merit: 0
Please take a look at my Statistics: https://ibb.co/Hxf8NpR

What do the BTC, ETH and USDT amounts below "Wagered" represent?

They represent the total amount of BTC, ETH and USDT that you wagered.

Based on what do you conclude that they represent the total amounts I wagered and not partial amounts I wagered?
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
Please take a look at my Statistics: https://ibb.co/vYXRGnc

What do the BTC, ETH and USDT amounts below "Wagered" represent?

They represent the total amount of BTC, ETH and USDT that you wagered.  The totals are converted and displayed in usd (hence the '$') based on the current price, not to be confused with the price at the time of the bet.  Why not move this to the Stake thread, since all your questions are about Stake.  This doesn't seem to be the right thread for this discussion.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I found the Crypto Gambling Foundation webpage casually while I was investigating about provably fairness.
I like the effort and the ideal this foundation want to push into the gambling industry, however, after these years I would have expected to see more verified operators on their web and also more big names from the crypto gambling ecosystem.

I can tell it will take more years before this becomes a standard, as it has been mentioned before.

newbie
Activity: 357
Merit: 0
Please take a look at my Statistics: https://ibb.co/Hxf8NpR

What do the BTC, ETH and USDT amounts below "Wagered" represent?
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
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.

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.

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. 
sr. member
Activity: 728
Merit: 421
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.
newbie
Activity: 357
Merit: 0
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.

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.

The Crypto Gambling Foundation is a ghost!

The email adresses are not working and the managing director Chris Butler is not reachable!
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
Hey maybe they're rigging it.
Looks like!  Wink

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

newbie
Activity: 357
Merit: 0
Hey maybe they're rigging it.
Looks like!  Wink

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.
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
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

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?
newbie
Activity: 357
Merit: 0
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

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!
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
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?

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?
newbie
Activity: 357
Merit: 0
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?
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
~

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!

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



newbie
Activity: 357
Merit: 0
Did you bet exactly the same amount for all 181,000 bets?
No


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.
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
member
Activity: 840
Merit: 23
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.
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
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.



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. 
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