Topic: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All - page 9. (Read 25567 times)

No, that's just your net result.  It's how much you won or lost.

ROI is a percentage, not an amount of money.  It's your net result divided by how much you wagered.

So if you wagered $1,000, and won $900 your net would be -$100 and your ROI would be -0.1 or -10%

If you wagered $1,000 and won $1,500 your net would be $500 and your ROI would be 0.5 or 50%


It's not possible to determine your net result without knowing how much you won.  And it's not possible to calculate your ROI without knowing your net result.

Since the stats stake gives you access to only shows how much you wagered (based on the current value of each crypto, not based on the value at the time the bet was made) and how many bets you made/won/lost, but not how much money you won, you can't calculate your net result.  Without your net result, you can't calculate your ROI.  So stop trying.  It's not possible. 

What a stupid idiot you are!

The difference between money spent and money coming in = ROI


Is getting cents for making nonsense posts and attacking online casino victims your income source?

Your email probably didn't make any sense.
Do you act like an idiot for fun?  If not, you should invest some time into educating yourself on basic math concepts like ROI. (hint: the house edge is the casinos theoretical ROI)

ROI = return on investment

I did not invest in Stake and played their in-house Black Jack for fun.

Though the fun ended when I realised that they scammed me!

I asked [email protected] to send my daily overview of the games of chance played, the number of times each game has been played, the bets made and the prize money achieved, but they do not deliver!

In blackjack, the amount you win or lose each hand varies, so trying to calculate your overall results based on only the number of hands you won or lost is impossible.

Also, I'm guessing that over two years and 100k + hands of black jack, you did not bet the exact same amount every single hand.  So even if you only played black jack (you didn't) and black jack only ever resulted in a tie, losing your initial wager or profiting your initial wager (it doesn't) then your math still wouldn't work.

If you want to know your ROI, email support and ask for your accounts results life time.

No.  Jesus Christ.  

Stop trying to calculate your ROI based on just the total hands won lost and tied.  It's not possible.  The amount of money you win or lose each hand varies.  can1win2?  Yes!  If you're dealt a black jack and the dealer isn't 1 wins 2!  There's also splits and doubles.

And I linked you directly to the website of a literal mathematician and probably the most respected one in the world when it comes to gambling based games.  Unlike you, I don't just pull numbers out of my ass.

If you want to know your ROI, email support and ask for your accounts results life time.


I think you're full of shit and during the past 2 years and 140,000+ bets you did not only play blackjack.

I played only Black Jack.

You didn't only play blackjack.

You claim Hands Win 42,4% and Loss 49% = 0,28% house edge = 6,6% hands lost (Loss 49% minus Win 42,4%).

You claim "Bets" = Hands in my Stake Statistics = Stake states I lost 4,6% of my hands.

My Stake Statistics: https://ibb.co/Hxf8NpR


But if 6,6% hands lost = 0,28% house edge, then only 4,6% hands lost means I experienced a 1,72% player edge.

(losing only 4,6% of the hands instead of 6,6% = 2% experienced player edge - 0,28% house edge = 1,72% experienced player edge).

1,72% player edge while 9,5 million USD wagered means 163,000 USD win, but I lost 30,000 USD.


If "Bets" = Hands as you claim, then Stake scammed me for 193,000 USD (163,000 USD should win + 30,000 USD lost)!

If "Bets" are Bets, then Stake scammed me for 389,500 USD (4,1% of 9,5 million USD wagered)!


Either way, Stake scammed me!

You didn't get scammed, you're just an idiot that sucks at math and lacks the character to admit you were wrong.

While I was playing Stake's in-house Black Jack and got scammed, Stake referred to the dead Crypto Gambling Foundation as proof that it is provably fair!

https://ibb.co/GFsGZRq

I informed you that the 8048/JAZ license Stake claims to operate under is not valid for crypto currencies!


@ tusandii

Please ask your employer to show their license to operate a crypto currency online casino?

Do you believe what he said buddy?
So far I've looked at all the arguments and none of them make any sense that it's actually real.
Instead, I think that what he said was lies or nonsense which only provoked prolonged debate and disputes.
Previously he had asked me and I answered and explained everything about the license which was clearly stated and became concrete evidence but in the end he ignored it and then made another review which caused another debate.

I really don't care what you call it.  Game, Round, Hand, Bet, you can literally use any of them to describe
placing a black jack wager and making any required decisions until the outcome is determined.  

That's when you know the game,round,hand,bet is over - when all the cards are returned and the wagers are settled.

And if you were arguing in good faith and actually interested in the truth instead of just wanting to play victim and trash stake because you lost, you'd simply figure it out for yourself.  It's not rocket surgery.

Thank you for adding your nonsense, but the longer you play the smaller is the discrepancy between the house edge and the percentage loss.


@ serjent05

Please ask your employer to show their license to operate a crypto currency online casino?

Stake support says "Statistics" states the number of total bets made

https://ibb.co/SQdVCF6

TwitchySeal says "Statistics" states the number of total games played.

Number of games played and number of bets made is not the same!

Who is lying?

I think you can lose more than that even without the house edge, you can simulate a dice with a 50/50 chance of winnings and see that the percentage result won't be 0% loss.  Gambling is random and each roll is independent of the other.  So with a house edge of 0.5%, it does not mean that you will only have an accumulated loss of 0.5%.  Losses will accumulate and will start to grow as you play.  The longer you play the bigger the discrepancy between the house edge and the percentage loss.

The problem is he's being willfully ignorant because there's no evidence that he was cheated, but he really wants to convince people that he was (because he lost and I think his account was frozen for some reason).



Stake provides very basic statistics in each players profile.  Total bets, total number of bets won, total number of bets lost, and total amount wagered for each currency.  It doesn't include total amount won - just the total number of bets won



BlackyJacky is trying to claim that the stats represent how many units he has wagered.  For example, if he doubles and loses, that's two bets made, both considered lost bets.  This is not how it works.  

The way it does work is each round counts as 1 bet and has a unique bet id with it's own bet history.  If he profits overall for the round, that's 1 winning bet.  It doesn't matter if you split, double down, win even money, or hit a blackjack for 3-2.  One round counts as one bet in the stats.

So he's trying to claim that his stats can be used to determine his ROI (which he calls "expected RTP"), which is not possible.  To calculate your ROI, you need to know how much money you wagered, and how much money you won.  The stats don't include how much money was won, so we can't make the calculation.

Also worth mentioning,  even if he was correct about everything above (he's not), his calculation would only be accurate if all ~181,000 bets made from his account were the exact same amount.  Never increasing or decreasing his wager.  And they would have to be all black jack, no other games.



I believe he realized he was wrong a while ago and is just spreading lies out of a combination of spite and ego.  Shameful really.

I am rich and do not have any problem to lose the advertised house edge.

But I do not accept that the advertised house edge is 0,5% and my Statistics state that I lost 4,6% of the bets placed!



No, I played the perfect drawing strategy suggested by Edward.


@Hispo

Can you please ask your employer to show their license to operate a crypto currency online casino?

If you say justice in gambling there may be because gambling covers many aspects such as casinos, bets, games and gamblers here what kind of justice do you want to ask.
From all that, only a casino or a place for someone to play or bet can provide justice to every gambler who becomes their customer.
If what you want to know and demand justice for every game in the casino, because you have lost several times, you will never get it.
Casinos can be fair on all games but fair in the sense of giving RTP or Rakeback to gamblers who bet in a game so that gamblers get at least a fraction of the amount of money wagered.