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Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 749. (Read 277222 times)

copper member
Activity: 2562
Merit: 2510
Spear the bees
500 is fair. 100$.. Come on, are you betting 0.01$ per bet... this stops a lot of the rain farmers from PH.
Yeah... assuming that you're just playing one of the originals, the most house edge that you're going to face is less than $15 in total losses (2.74% on Blue Samurai). If you wanted to minimize the cost of chatting you could even drop that down to less than $3 by playing Blackjack.

The total wager amounts, people overestimate them way too much.

You need to look the statistical loss by multiplying the house edge of your favored games with the requirements.
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
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jr. member
Activity: 30
Merit: 1
I just noticed the 100$ wager to chat has gone up to $500.. wtf is up with that? The whole idea with the chat is to keep people on the site and for them to socialize. (building a community) Now you restrict the chat section to a small amount of whales and the old regulars will leave the site.

Yes, the chat may become a bit spammy sometimes, but it is really not that bad. The chat has become a VIP area now and that is just ridiculous. Take away the "rain" bot and you will get rid of most of the spammers... that is the real problem.  Roll Eyes
It went up from 100 to 500 because there was a lot of spammers, and even though I agree that the chat should be a place where people communicate with each other and bond together over the love of gambling and talk, if there is zero that means people will spam there and would create a big trouble, now that 100 dollars has been there for a long time, they have moved it to 500 in order to make sure people who played 100 dollars and stopped just so they can chat and take advantage of rains wouldn't be available and people who continue to gamble will have a chance to speak anyway.

However if there is so much request at chat that doesn't have a trouble, I think there could be levels of chat. Like a chat room where anyone can speak even without betting 1 dollar, one where it is 100 dollars min, one where it is 500 and continues like that bigger and bigger.

500 is fair. 100$.. Come on, are you betting 0.01$ per bet... this stops a lot of the rain farmers from PH.
hero member
Activity: 2828
Merit: 611
I just noticed the 100$ wager to chat has gone up to $500.. wtf is up with that? The whole idea with the chat is to keep people on the site and for them to socialize. (building a community) Now you restrict the chat section to a small amount of whales and the old regulars will leave the site.

Yes, the chat may become a bit spammy sometimes, but it is really not that bad. The chat has become a VIP area now and that is just ridiculous. Take away the "rain" bot and you will get rid of most of the spammers... that is the real problem.  Roll Eyes
It went up from 100 to 500 because there was a lot of spammers, and even though I agree that the chat should be a place where people communicate with each other and bond together over the love of gambling and talk, if there is zero that means people will spam there and would create a big trouble, now that 100 dollars has been there for a long time, they have moved it to 500 in order to make sure people who played 100 dollars and stopped just so they can chat and take advantage of rains wouldn't be available and people who continue to gamble will have a chance to speak anyway.

However if there is so much request at chat that doesn't have a trouble, I think there could be levels of chat. Like a chat room where anyone can speak even without betting 1 dollar, one where it is 100 dollars min, one where it is 500 and continues like that bigger and bigger.
legendary
Activity: 2772
Merit: 3284
I just noticed the 100$ wager to chat has gone up to $500.. wtf is up with that? The whole idea with the chat is to keep people on the site and for them to socialize. (building a community) Now you restrict the chat section to a small amount of whales and the old regulars will leave the site.

Yes, the chat may become a bit spammy sometimes, but it is really not that bad. The chat has become a VIP area now and that is just ridiculous. Take away the "rain" bot and you will get rid of most of the spammers... that is the real problem.  Roll Eyes

EV of $500 wager on dice is a whopping $5. That's not asking for a lot especially since it's wagered amount and deposit size/bet size/etc.
sr. member
Activity: 2170
Merit: 254

-snip

@MICRO I agree with @Kakmakr that this rise is not a good move as it’ll completely wipe out small gamblers from the chat, and it’ll send a wrong message to them that you’ll don’t care for them. Furthermore I understand that the chat can turn spammy at times, but for few rotten users punishing every small gambler is not nice therefore I’m hoping that Stake will reconsider this.

That is always the problem, a minority of people abuse the system and the majority gets punished due to them. While it is a big increase, and much more difficult to reach for the small gamblers (like me), I can understand the reasoning behind it. Maybe in the future, they can find an optimum between 100$ and 500$.

copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
I can look into the exact payout formula, we actually incorrectly advertised this edge as 2.7% for many months but after running many millions of round simulations we found it to be lower and adjusted accordingly.
Just as a precaution (or for satisfaction Grin), maybe the team should run the simulation 10 billions time to get the data (including max win) as some mainstream provider did. Not sure how they got the number, but maybe there is some merit behind it. But the devs should be able to calculate theoretical RTP without simulation though.
hero member
Activity: 2646
Merit: 686



@Symphonized that’s an lucky user because he just wagered a bet of $55 and went on to win $25k, and I also feel that he may have placed multiple small bets before hitting such a big price.

I just noticed the 100$ wager to chat has gone up to $500.. wtf is up with that? The whole idea with the chat is to keep people on the site and for them to socialize. (building a community) Now you restrict the chat section to a small amount of whales and the old regulars will leave the site.

Yes, the chat may become a bit spammy sometimes, but it is really not that bad. The chat has become a VIP area now and that is just ridiculous. Take away the "rain" bot and you will get rid of most of the spammers... that is the real problem.  Roll Eyes

Yeah unfortunately chat is too busy and too much spam too often lately.

We would love to have it with no requarements but its too much spam then. We will see how it goes and try to make changes so its good for everybody.

@MICRO I agree with @Kakmakr that this rise is not a good move as it’ll completely wipe out small gamblers from the chat, and it’ll send a wrong message to them that you’ll don’t care for them. Furthermore I understand that the chat can turn spammy at times, but for few rotten users punishing every small gambler is not nice therefore I’m hoping that Stake will reconsider this.
newbie
Activity: 26
Merit: 1
Believe it or not that payout on 5x wilds will not have much impact on house edge because it is such a rare outcome. Most slot games will cap out these rare payouts because otherwise someone could put $1 in and take $1 billion out  Cheesy.  I can look into the exact payout formula, we actually incorrectly advertised this edge as 2.7% for many months but after running many millions of round simulations we found it to be lower and adjusted accordingly.

So is it even lower and calculated as some total of all payouts?

Quote
I can look into the exact payout formula

That would be nice
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
Hello!

Can you please help me understand how your house edge works?

Lets take the Scarab Spin game as an example.
On my calculations chances of getting 5 WILD symbols in scarab spin slots is (1/30) *(1/30) *(1/30) *(1/30) * (2/41) = 0.000000060222824% and the payout for this win chance should be x16605000 (The bet amout 1 / 0.000000060222824% divided by win chance).

However in the payouts table it says 5 wild equals to x10000 payout.

As we all know, the house edge comes from a percentage decrease in payout in favor of casino. Can you please explain how did you got the 2.16% number? I'm not sure if that number is correct. Correct me if I'm wrong. Thanks.






Still curious

Believe it or not that payout on 5x wilds will not have much impact on house edge because it is such a rare outcome. Most slot games will cap out these rare payouts because otherwise someone could put $1 in and take $1 billion out  Cheesy.  I can look into the exact payout formula, we actually incorrectly advertised this edge as 2.7% for many months but after running many millions of round simulations we found it to be lower and adjusted accordingly.
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
I just noticed the 100$ wager to chat has gone up to $500.. wtf is up with that? The whole idea with the chat is to keep people on the site and for them to socialize. (building a community) Now you restrict the chat section to a small amount of whales and the old regulars will leave the site.

Yes, the chat may become a bit spammy sometimes, but it is really not that bad. The chat has become a VIP area now and that is just ridiculous. Take away the "rain" bot and you will get rid of most of the spammers... that is the real problem.  Roll Eyes

Yeah unfortunately chat is too busy and too much spam too often lately.

We would love to have it with no requarements but its too much spam then. We will see how it goes and try to make changes so its good for everybody.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
I have nothing against slots from a third party, but it's always nice to discover something new. I used to play Scarab Spin quite often, before Blue Samurai was released. Now it's one of my fav slots to have fun with. I like the graphics of the slot and all the sounds. Kudos to those who created it!

I don't gamble to make money with it, so my stakes are usually small. But, on the other hand, winning less than 5k sats isn't that entertaining, so I adjust my bet amounts accordingly.
True! What I like the most with these two slots is also about the ability to wager peanuts Grin CMIIW, the volatility is low too so that users can play longer! This one is undoubtedly the cheapest form of entertainment!


No, you are absolutely right. You can bet with as low as 1 satoshi, and not only that. I just tried, it appeared that, in fact, you can bet with 0.00000001 EOS even! Most slots I know of have the minimum at $0.1-$0.2. So, for those who want to play with dust, this is the place. I personally like to be somewhere in the middle, betting with 100 sats, at least, because hitting 2,000x payout, like @Bitinity above, with your stake being just 0.00000001 EOS can be depressing. Smiley
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I just noticed the 100$ wager to chat has gone up to $500.. wtf is up with that? The whole idea with the chat is to keep people on the site and for them to socialize. (building a community) Now you restrict the chat section to a small amount of whales and the old regulars will leave the site.

Yes, the chat may become a bit spammy sometimes, but it is really not that bad. The chat has become a VIP area now and that is just ridiculous. Take away the "rain" bot and you will get rid of most of the spammers... that is the real problem.  Roll Eyes
hero member
Activity: 2828
Merit: 611
I'm totally lost and dont get your point verywell but how can a single individual have 100 accounts on a gambling without been notice? Mind you, this is totally a risky and the worse/bad advice ever.
They are spammers and people who are trying to abuse the system, do you really think they care about getting noticed or not? They will try to abuse it as much as they can and they will try to not get caught but they know that they have a very slim chance of making decent money here yet they still do it.

I remember early days of primdice, there was literally bots to abuse the faucet system which was 10k at the time per try (bitcoin was very low compared to today) and a lot of people were using it, when you want to do something against the rules, you do not care about the rules, you do not care about getting caught, you are doing it to basically scam the casino, why would they care if they will be noticed or not, they are aware of the risks. This is not an advice by the way, this is to show how BAD people can be, I am on contrary to what you think, saying that it is a bad thing.
member
Activity: 2436
Merit: 57
Primedice.com & Stake.com
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legendary
Activity: 2772
Merit: 3284
Hello!

Can you please help me understand how your house edge works?

Lets take the Scarab Spin game as an example.
On my calculations chances of getting 5 WILD symbols in scarab spin slots is (1/30) *(1/30) *(1/30) *(1/30) * (2/41) = 0.000000060222824% and the payout for this win chance should be x16605000 (The bet amout 1 / 0.000000060222824% divided by win chance).

However in the payouts table it says 5 wild equals to x10000 payout.

As we all know, the house edge comes from a percentage decrease in payout in favor of casino. Can you please explain how did you got the 2.16% number? I'm not sure if that number is correct. Correct me if I'm wrong. Thanks.

https://i.ibb.co/SXc4rmV/stakereward.png
https://i.ibb.co/bR7QfhF/scarab.png

Still curious

There are other payouts other than the 5 WILD line, and since it's such an unlikely payout, it'll have a pretty small effect on the actual house edge. I haven't done the full math for all the outcomes to verify the house edge, but in exchange for the lower than expected 5 WILD payout, you get other more common payouts as well, which decreases the overall house edge. Your logic would work if you were solely betting on getting 5 wilds, but with slots, there's a large number of other payouts that you get.

For example, while on the hunt for 5 wilds, you might get just 4 wilds and still win a 2000x payout. Your calculation doesn't account for that (or any of the other paylines).
sr. member
Activity: 2170
Merit: 254
Just want to make a suggestion to the Stake team. When you go to settled bets, it is not clear sometimes to see why we lost a bet.

https://snipboard.io/Zfmcov.jpg

Would there be a possibility to make this more visual (red colour if you lost, green colour is you win) ? Are there others who think this can be better or is it just me  Grin ?
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
i'm new i can't send pm, and i have contacted their support but they don't seem interested in replying and why should i wait? I seriously dont give a damn to what reason they come up with, if i dont get my money i am not interested in their bullshit replies
Of course, you can, you have a daily 2 pm limit. Just contact Steve and I am sure he will gladly help you. I am sure, Stake team will resolve this issue but you have to give a bit more information regarding the blocked withdrawal request. Multi-account is also allowed and in the worst case, they will return the deposit to the original BTC address. Instead of complaining, my advice to keep talking with their support team and confirm your IP address with email and show the deposit receipt with taking a screenshot from your Electrum or another wallet. Showing the proof of payment will solve this problem ASAP and you will not complain to forum users without concrete pieces of evidence.
newbie
Activity: 5
Merit: 0
i'm new i can't send pm, and i have contacted their support but they don't seem interested in replying and why should i wait? I seriously dont give a damn to what reason they come up with, if i dont get my money i am not interested in their bullshit replies
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Quote from: StakeSCAMMM

-snip


We are nothing with this kind of scam accusations...
Post some details and some proof to back up this claim. Have you already contacted Stake support?

https://postimg.cc/gallery/XqJL1T6/60810a74
Have you write the customer support on their site about the situation and have you send PM to Stunna before now?

There is no solution which is 100% perfect to stop the spammers misusing the gambling chat.
There are certain solutions that can actually restrict spanners to a huge extent, but that would require setting intense restrictions which could possibly drive away legit gamblers thanks to the strict rules which is why casinos think twice before implementing these rules.


The easiest one to implement is that temporary ban the user on chat  who asking for money or spamming links after X no of times.

I have seen such rules in the trading exchanges platforms and it works perfectly to stop the spams.

It has been implemented since long time ago by Stake, seems that you are not an active player here. Stake has many chat moderators as well as a BotMod to minimize the spam. I believe there many accounts are banned (temporary) since the first day of Stake till this time. We cant deny the fact that spam does exist on almost all gambling site's chat, especially gambling site that has so many users like Stake.
No amount of restrictions, mods check and bot mods can stop spammers from operating on every gambling site chats because they will certainly find a way to target their prey and it can only minimize spammer but the totally protection is in the end of every individual. However, i still wonder why someone will trust a strange in the first place.
You can lower it, but if one person wants to spam, he could cheat the system as maximum as he can by risking a ton of money when he wants to. Just to give an example, it is 500 bucks to chat right? Well one person could have one 500 dollars, same 500 dollars, and try to play as close to 99% chance to win as possible, I think 98% or so?

Anyway, he does have a chance to lose, which is risky, you could lose on the first try as well, so it is risky. However by logic you can get 100 accounts give or take on average with the same 500 bucks if you are lucky, and after that if you lose, you lose 500 bucks but you have 100 accounts. Just keep on spamming and keep on begging and keep on trying for rain and so forth basically try your best and you could get something out of it those accounts as well.
I'm totally lost and dont get your point verywell but how can a single individual have 100 accounts on a gambling without been notice? Mind you, this is totally a risky and the worse/bad advice ever.

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