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Topic: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All - page 9. (Read 24288 times)

legendary
Activity: 2520
Merit: 2014
Join the world-leading crypto sportsbook NOW!
Bump

I take it you've realized now that your math was wrong but have too much of an ego to admit it so you will just pretend it's right.
newbie
Activity: 306
Merit: 0
I asked Stake to show me the license for their crypto currency online casino and they do not show it!

Why do you ask Stake and ask to show the license they use.
Have you never played in Stake?
I actually assume that you are not a gambler who uses the Stake.com gambling platform because in Stake on the first page at the bottom it has been explained that Stake.com is officially registered with the Curacao license.
At this point, is there anything still unclear about Stake.com?

The 8048/JAZ license is not valid for crypto currencies!

Despite of this, they need to have a license certificate for their in-house Black Jack.

Do you believe that friends of Edward can code their in-house Black Jack and everything is fine?

Do you believe that you can privately code a Black Jack software and publicly take crypto currencies and everything is fine?
How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.

If a crypto currency casino operates without a license, it is illegal!

If it scams its customers, it is criminal!

Yes, I have evidence that the 8048/JAZ license does not cover crypto currencies.

I informed Stake about it, but they believe ignorance is their best strategy to get away with their criminal activities!

No need to beat around the bush because you can talk like you just lost a blackjack bet and say bad things about Stake.com.
I emphasize once again that Stake.com is an official gambling site licensed curacao 8048/JAZ .
If you are still stubborn about what you have said then provide or include proof and details of what you said here in this thread.
You have -3 bad trust friends and out of all three show you as casino accuser and you are arguing nonsense.

Ask your employer to show their license to operate a crypto currency online casino and post it here?

Hint: The Curacao license is a document issued by the Government
legendary
Activity: 2520
Merit: 2014
Join the world-leading crypto sportsbook NOW!
@ Twitchy Seal

0,5% house edge means that I win 49.75% of all bets placed and lose 50.25% of all bets placed.

If you won 49.75% of all bets placed you would have the edge by almost 3%, not the house.

LOL  Cheesy

To have a edge of 3% I would need to win 51,5% of all bets placed.  Wink
If the payout is even money, and probability of winning is 51.5%, you have a 3% edge.


If the bet pays 102-1, and the probability of winning is 1%, you also have a 3% edge.

You need to factor the probability and payout of every possible outcome to calculate the house edge.

You're factoring an incorrect probability and treating it as if it always pays even money (it doesn't).


newbie
Activity: 306
Merit: 0
@ Twitchy Seal

0,5% house edge means that I win 49.75% of all bets placed and lose 50.25% of all bets placed.

If you won 49.75% of all bets placed you would have the edge by almost 3%, not the house.

LOL  Cheesy

To have a edge of 3% I would need to win 51,5% of all bets placed.  Wink
hero member
Activity: 1470
Merit: 521
Leading Crypto Sports Betting & Casino Platform
I asked Stake to show me the license for their crypto currency online casino and they do not show it!

Why do you ask Stake and ask to show the license they use.
Have you never played in Stake?
I actually assume that you are not a gambler who uses the Stake.com gambling platform because in Stake on the first page at the bottom it has been explained that Stake.com is officially registered with the Curacao license.
At this point, is there anything still unclear about Stake.com?

The 8048/JAZ license is not valid for crypto currencies!

Despite of this, they need to have a license certificate for their in-house Black Jack.

Do you believe that friends of Edward can code their in-house Black Jack and everything is fine?

Do you believe that you can privately code a Black Jack software and publicly take crypto currencies and everything is fine?
How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.

If a crypto currency casino operates without a license, it is illegal!

If it scams its customers, it is criminal!

Yes, I have evidence that the 8048/JAZ license does not cover crypto currencies.

I informed Stake about it, but they believe ignorance is their best strategy to get away with their criminal activities!
No need to beat around the bush because you can talk like you just lost a blackjack bet and say bad things about Stake.com.
I emphasize once again that Stake.com is an official gambling site licensed curacao 8048/JAZ .
If you are still stubborn about what you have said then provide or include proof and details of what you said here in this thread.
You have -3 bad trust friends and out of all three show you as casino accuser and you are arguing nonsense.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.

If a crypto currency casino operates without a license, it is illegal!

If it scams its customers, it is criminal!

Yes, I have evidence that the 8048/JAZ license does not cover crypto currencies.

I informed Stake about it, but they believe ignorance is their best strategy to get away with their criminal activities!

But my man, what are you talking about? I just searched on internet about the license 8048/JAZ  and I have found several web pages which actually mention that it is a Curacao-issued license which grants the casino the ability to operate with cryptocurrencies.  Huh

Please ask those web pages if they have seen the 8048/JAZ license?


What kind of evidence do you have that this license is not suitable for casinos which wish to manage their gamblers' Bitcoin?

I am in possession of the 8048/JAZ license.  Wink

Okey, I would have guessed that in order to have access to the license you would need to be a casino, to have a register number, etc.

Anyways, assuming you indeed that that information, can you please share a PDF of the description of the license or some source where it clearly says that it does not cover the handling of Bitcoin and other cryptocurrencies?

Because, as I said, until now I have found several sources which allegedly confirm that 8048/JAZ is the correct one to have by Stake.    Roll Eyes
legendary
Activity: 2520
Merit: 2014
Join the world-leading crypto sportsbook NOW!
@ Twitchy Seal

0,5% house edge means that I win 49.75% of all bets placed and lose 50.25% of all bets placed.

No it doesn't.  A hand of black jack is not like flipping a coin.  When you win you are paid either even money, or 1.5 - 1 for a dealt black jack making the average winning payout about 1.07-1, which is  greater than even money.  If you won 49.75% of all bets placed you would have the edge by almost 3%, not the house.

With optimal strategy (which there's no chance someone said what you just did is capable of) you can expect to win about ~42.5% (with ~4.75% of total bets paying 1.5-1 and ~37.75% of total bets paying even money), lose ~49% and push the rest.

I've already explained this to you multiple times.  Not going to do it again.









newbie
Activity: 306
Merit: 0
@ Twitchy Seal

0,5% house edge means that I win 49.75% of all bets placed and lose 50.25% of all bets placed.

181,000 bets x 49.75% = 90,048 wins

181,000 bets x 50.25% = 90,953 losses

The difference between wins and losses is 905 bets, means after 181,000 bets I will statistically lose 905 bets.

But my Stake statistics states that I lost 8,327 bets!!!

Bets: 180,904 | Wins: 78,285 | Losses: 86,612 = 8,327 more losses

Proof: https://ibb.co/Hxf8NpR

newbie
Activity: 306
Merit: 0
How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.

If a crypto currency casino operates without a license, it is illegal!

If it scams its customers, it is criminal!

Yes, I have evidence that the 8048/JAZ license does not cover crypto currencies.

I informed Stake about it, but they believe ignorance is their best strategy to get away with their criminal activities!

But my man, what are you talking about? I just searched on internet about the license 8048/JAZ  and I have found several web pages which actually mention that it is a Curacao-issued license which grants the casino the ability to operate with cryptocurrencies.  Huh

Please ask those web pages if they have seen the 8048/JAZ license?


What kind of evidence do you have that this license is not suitable for casinos which wish to manage their gamblers' Bitcoin?

I am in possession of the 8048/JAZ license.  Wink
legendary
Activity: 2520
Merit: 2014
Join the world-leading crypto sportsbook NOW!
I asked Stake to show me the license for their crypto currency online casino and they do not show it!

Why do you ask Stake and ask to show the license they use.
Have you never played in Stake?
I actually assume that you are not a gambler who uses the Stake.com gambling platform because in Stake on the first page at the bottom it has been explained that Stake.com is officially registered with the Curacao license.
At this point, is there anything still unclear about Stake.com?

The 8048/JAZ license is not valid for crypto currencies!

Despite of this, they need to have a license certificate for their in-house Black Jack.

Do you believe that friends of Edward can code their in-house Black Jack and everything is fine?

Do you believe that you can privately code a Black Jack software and publicly take crypto currencies and everything is fine?


How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.

If a crypto currency casino operates without a license, it is illegal!

If it scams its customers, it is criminal!

Yes, I have evidence that the 8048/JAZ license does not cover crypto currencies.

I informed Stake about it, but they believe ignorance is their best strategy to get away with their criminal activities!

You played 181,000 hands of blackjack and lost.

I made 181 thousand bets at Stake's in-house Black Jack and lost

Then you decided that Stake is rigged because it feel's better to tell yourself you were cheated instead of admitting you lost.

Even though you already knew for a fact the game was rigged, you needed some proof so you could convince other people.

So you made up some nonsensical math and then, using only the numbers from total bets made/won/lost determined your roi (you call it rtp, also wrong), which is obviously not possible since it doesn't include how much money you actually bet/won/lost, just the total number of bets made/won/lost. 

It would work if you were playing a game that you either paid 1-1 or 0, but obviously black jack is not one of them. (well not obvious to you.  obviously) 

The only question I really have do you realize you're math is garbage and just thought you could look smarter than everyone else and get away with it or something?

Or are you full on delusional.  
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.

If a crypto currency casino operates without a license, it is illegal!

If it scams its customers, it is criminal!

Yes, I have evidence that the 8048/JAZ license does not cover crypto currencies.

I informed Stake about it, but they believe ignorance is their best strategy to get away with their criminal activities!

But my man, what are you talking about? I just searched on internet about the license 8048/JAZ  and I have found several web pages which actually mention that it is a Curacao-issued license which grants the casino the ability to operate with cryptocurrencies.  Huh

What kind of evidence do you have that this license is not suitable for casinos which wish to manage their gamblers' Bitcoin?
newbie
Activity: 306
Merit: 0
I asked Stake to show me the license for their crypto currency online casino and they do not show it!

Why do you ask Stake and ask to show the license they use.
Have you never played in Stake?
I actually assume that you are not a gambler who uses the Stake.com gambling platform because in Stake on the first page at the bottom it has been explained that Stake.com is officially registered with the Curacao license.
At this point, is there anything still unclear about Stake.com?

The 8048/JAZ license is not valid for crypto currencies!

Despite of this, they need to have a license certificate for their in-house Black Jack.

Do you believe that friends of Edward can code their in-house Black Jack and everything is fine?

Do you believe that you can privately code a Black Jack software and publicly take crypto currencies and everything is fine?


How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.

If a crypto currency casino operates without a license, it is illegal!

If it scams its customers, it is criminal!

Yes, I have evidence that the 8048/JAZ license does not cover crypto currencies.

I informed Stake about it, but they believe ignorance is their best strategy to get away with their criminal activities!
hero member
Activity: 1470
Merit: 521
Leading Crypto Sports Betting & Casino Platform
I asked Stake to show me the license for their crypto currency online casino and they do not show it!
Why do you ask Stake and ask to show the license they use.
Have you never played in Stake?
I actually assume that you are not a gambler who uses the Stake.com gambling platform because in Stake on the first page at the bottom it has been explained that Stake.com is officially registered with the Curacao license.
At this point, is there anything still unclear about Stake.com?


Quote
How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?
What do you mean by saying casinos are illegal and criminal?
Do you have evidence and can you justify what you have said?
Always speak according to the facts, friends, and don't just jump to conclusions because it can get you into trouble.
legendary
Activity: 2520
Merit: 2014
Join the world-leading crypto sportsbook NOW!
At first, I thought it was a new thread that got some decent replies. But then I saw it was created back in 2017. Guess what? Six years running since the thread was created, and I can see only a few numbers of websites were verified by https://cryptogambling.org/. I don't know why the numbers are not increasing after passing a few years. Only fourteen websites were verified by them, while a couple is under the same ownership. Stake and Primedice, Onehash and Cyberdice, Bitkong, Simpledice and LuckyDice under the same ownership. So, seven of them come from three owners. If I am not wrong, Onehash announced they wouldn't continue their service. After six years of creation, Only fourteen websites have been verified, which is somewhat scarry.

Yes, there is definitely something odd with the Crypto Gambling Foundation!

However, I was fallen into their trap!

Huh?
What trap are you talking about?

I believed their provably fair propaganda and lost 4,6% of the bets after 180,000 bets playing their in-house Black Jack while the advertised house edge is 0,5%!

I asked Stake to show me the license certificate for their in-house Black Jack and they do not show it!

I asked Stake to show me the license for their crypto currency online casino and they do not show it!

How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?

You're doing stupid math that doesn't make any sense.  LIke almost nothing what you're saying makes sense. If you were playing perfect strategy you would lose ~49.1% of your hands and win ~42.4% and Push ~8.5%  

But if you were a winning blackjack player you would already know that, and you obviously don't.

If a winning bj player player 180,000 hands, they would lose 88,380 and win 76,320


https://wizardofodds.com/games/blackjack/variance/

This is because the average winning hand pays out slightly more than even money on your wager, in addition to the house edge.

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 don't believe your stats are only from Black Jack.  I think you've played some other lower variance games bc you have more wins, than you should.  Not by much, if you were a perfect strategy player.  But there's no way you know how to play perfect strategy since you're dumb as a rock.

Seriously stop trying to do math until you go take a basic math class or something.
newbie
Activity: 306
Merit: 0
At first, I thought it was a new thread that got some decent replies. But then I saw it was created back in 2017. Guess what? Six years running since the thread was created, and I can see only a few numbers of websites were verified by https://cryptogambling.org/. I don't know why the numbers are not increasing after passing a few years. Only fourteen websites were verified by them, while a couple is under the same ownership. Stake and Primedice, Onehash and Cyberdice, Bitkong, Simpledice and LuckyDice under the same ownership. So, seven of them come from three owners. If I am not wrong, Onehash announced they wouldn't continue their service. After six years of creation, Only fourteen websites have been verified, which is somewhat scarry.

Yes, there is definitely something odd with the Crypto Gambling Foundation!

However, I was fallen into their trap!

Huh?
What trap are you talking about?

I believed their provably fair propaganda and lost 4,6% of the bets after 180,000 bets playing their in-house Black Jack while the advertised house edge is 0,5%!

I asked Stake to show me the license certificate for their in-house Black Jack and they do not show it!

I asked Stake to show me the license for their crypto currency online casino and they do not show it!

How can an illegal and criminal online crypto currency casino verify other casinos to be provably fair?
hero member
Activity: 518
Merit: 547
At first, I thought it was a new thread that got some decent replies. But then I saw it was created back in 2017. Guess what? Six years running since the thread was created, and I can see only a few numbers of websites were verified by https://cryptogambling.org/. I don't know why the numbers are not increasing after passing a few years. Only fourteen websites were verified by them, while a couple is under the same ownership. Stake and Primedice, Onehash and Cyberdice, Bitkong, Simpledice and LuckyDice under the same ownership. So, seven of them come from three owners. If I am not wrong, Onehash announced they wouldn't continue their service. After six years of creation, Only fourteen websites have been verified, which is somewhat scarry.

Yes, there is definitely something odd with the Crypto Gambling Foundation!

However, I was fallen into their trap!

Huh?
What trap are you talking about? We are talking about other casinos that never show interest to be a part of the Crypto Gambling Foundation. If any casinos have an unfair game, they won't join the crypto Gambling foundation for sure. They don't want to get exposed. If any casino wants to join them, they have to verify their games with Crypto Gambling Foundation. At least that's what I understood so far. I don't know if Crypto Gambling Foundation take any steps to invite casinos to join them. But, it's very sad that casinos did not dare to check the fairness of their games from a 3rd party.
newbie
Activity: 306
Merit: 0
At first, I thought it was a new thread that got some decent replies. But then I saw it was created back in 2017. Guess what? Six years running since the thread was created, and I can see only a few numbers of websites were verified by https://cryptogambling.org/. I don't know why the numbers are not increasing after passing a few years. Only fourteen websites were verified by them, while a couple is under the same ownership. Stake and Primedice, Onehash and Cyberdice, Bitkong, Simpledice and LuckyDice under the same ownership. So, seven of them come from three owners. If I am not wrong, Onehash announced they wouldn't continue their service. After six years of creation, Only fourteen websites have been verified, which is somewhat scarry.

Yes, there is definitely something odd with the Crypto Gambling Foundation!

However, I was fallen into their trap!
hero member
Activity: 518
Merit: 547
At first, I thought it was a new thread that got some decent replies. But then I saw it was created back in 2017. Guess what? Six years running since the thread was created, and I can see only a few numbers of websites were verified by https://cryptogambling.org/. I don't know why the numbers are not increasing after passing a few years. Only fourteen websites were verified by them, while a couple is under the same ownership. Stake and Primedice, Onehash and Cyberdice, Bitkong, Simpledice and LuckyDice under the same ownership. So, seven of them come from three owners. If I am not wrong, Onehash announced they wouldn't continue their service. After six years of creation, Only fourteen websites have been verified, which is somewhat scarry.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
Hi,

We're a 3 years old crypto gambling operator called BCH.games.
We accept 80+ coins and processed close to 2 billion bets so far.
We are rated excellent on truspilot and all our games are provably fair.

What is the process to join the fundation?

Thanks!

Hello.
I am not a representative of theirs, but I believe that the logical steps to follow would be to check their webpage, which it has already been mentioned in the original post.

Once you are there in the webpage, you can try to start an inquiry through an email with them, in case you would like to get a reply through a different communication channel, you could also try to send a Private message to Stunna or any official member associated to him here in the forum. They may give you more information about the foundation and its current state.

jr. member
Activity: 107
Merit: 5
BCH.games
Hi,

We're a 3 years old crypto gambling operator called BCH.games.
We accept 80+ coins and processed close to 2 billion bets so far.
We are rated excellent on truspilot and all our games are provably fair.

What is the process to join the fundation?

Thanks!
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