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[Coin_trader]

I spend more than the amount you involved on the house blackjack but never experienced what you are claiming since the result pretty fair as a regular blackjack player on both live games and house game.

You have lost more than 30,000 USD playing Black Jack at Stake and now you make nonsense posts for cents to recover your loss?  

I didn’t mention that I lost that kind of amount but I wager more than that amount on my overall game time on house blackjack. Your loss is due to your high bets that’s it grow like that but you will not suffer that kind of loss if you just bet slow.

Please post screenshots of your Stake in-house Black Jack bets statistic?

I will be happy to share my stats if you can point out to me how to do this. The statistics on the house blackjack doesn’t show past record when I check it. I already requested my stats on Stake support. I will get back to you.

But the main concern here the number of your bet and not the amount of loss.

[Symphonized]

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[o48o]

Have you noticed that they have launched now also paid entries to their poker? I wonder how big those prizes will grow if people join into them when there's max 5000 to join. Will they be eventually maxed out with $50k prizes or what?



And at friday i got a decent place at Grad slam $1000 freeroll. This was something like sixth time i've played it total.

I was near out stacks in the game 3 times during the game, but waited patiently and got in top again. It was mostly luck as it usually is in free games, but some times it was pretty easy to read some players, on how they bet and the hands they show.

[panjul07]

Have you noticed that they have launched now also paid entries to their poker? I wonder how big those prizes will grow if people join into them when there's max 5000 to join. Will they be eventually maxed out with $50k prizes or what?

Just noticed it few hours back when there was someone in local chat room talk about it.
Talking about the chance to have 5000 players as the max registration, I doubt there will that much players (at least for now) because for the $1k freeroll is not even reaching 5000 players.
I have not checked all the past freeroll ofc but as long as I know the number of players on the free roll are mostly under 4k in average.
Coming up to the total prize, I have no idea how they calculate the prize pool for the buy in tournaments but there are information like regular prize and bounty prize which seems to be increased anytime there is new registant.

[o48o]

Have you noticed that they have launched now also paid entries to their poker? I wonder how big those prizes will grow if people join into them when there's max 5000 to join. Will they be eventually maxed out with $50k prizes or what?

Just noticed it few hours back when there was someone in local chat room talk about it.
Talking about the chance to have 5000 players as the max registration, I doubt there will that much players (at least for now) because for the $1k freeroll is not even reaching 5000 players.
I have not checked all the past freeroll ofc but as long as I know the number of players on the free roll are mostly under 4k in average.
Coming up to the total prize, I have no idea how they calculate the prize pool for the buy in tournaments but there are information like regular prize and bounty prize which seems to be increased anytime there is new registant.

While we are on the subject on stake poker, there seems to be still issues with the graphical interface. Folded hands show cleary in smartphone screen,


but are really difficult to see in desktop, last i checked.


And in mobile, stacks show on top of each other in corners, which makes them impossible to read from there. These are probably easy to fix, and and while visual glitches might seem insignificant, they have a huge impact for user experience and decision to come back and play again.

[Symphonized]

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[BlackyJacky]

I spend more than the amount you involved on the house blackjack but never experienced what you are claiming since the result pretty fair as a regular blackjack player on both live games and house game.

You have lost more than 30,000 USD playing Black Jack at Stake and now you make nonsense posts for cents to recover your loss?  

I didn’t mention that I lost that kind of amount but I wager more than that amount on my overall game time on house blackjack.

How much have you wagered?

Your loss is due to your high bets that’s it grow like that but you will not suffer that kind of loss if you just bet slow.

I would have stopped playing and would have lost nothing if my bets statistics would not have said that I have lost 2,5% of my bets, while statistically I will lose 0,5%.

So a huge winning streak was ahead according to my bets statistics and I started to deposit huge amounts!

Before I deposited unlike smaller amounts and made smaller bets.

But if the statistics say a huge winning streak is ahread, this tempts someone to bet larger amounts, right?

Please post screenshots of your Stake in-house Black Jack bets statistic?

I will be happy to share my stats if you can point out to me how to do this.

There should be a statistics tab when logged in at Stake: https://ibb.co/Hxf8NpR

Did not play there since 1,5 years, so things can have changed.

But the main concern here the number of your bet and not the amount of loss.

Why are 181,000 bets a concern?

The concern here is that I lost 9 times more bets like I statistically should!

[AHOYBRAUSE]

You do realize that house edge and winning % are 2 different stories, right?
House edge has nothing to do with how many games you win or lose, it is strickly a profit/loss in $ number because of the house advantage.
Your chance to win at BJ are at around 42% and the house winning is at 49%. The rest is for draw. Do your calculation again with those numbers. 

[Dr.Bitcoin_Strange]

You do realize that house edge and winning % are 2 different stories, right?
House edge has nothing to do with how many games you win or lose, it is strickly a profit/loss in $ number because of the house advantage.
Your chance to win at BJ are at around 42% and the house winning is at 49%. The rest is for draw. Do your calculation again with those numbers. 

I wanted to ask, where do you see the house edeg and winning percentage segregation for each game on the casino? Or do you just get it by the the equation of HE=100-RTP%?

[BlackyJacky]

You do realize that house edge and winning % are 2 different stories, right?

Yes, temporarily it is not the same.

So the house edge could be 0,5% and your experienced winning % could be 5 or even 10%.

Or the house edge could be 0,5% and your experienced winning % could be - 5 or even - 10%.

But longterm, the house edge and the winning percentage is the same if you placed always the same bet amount.

So if you made 1 million bets at a 0,5% house edge, then your winning percentage will be - 0,5% of the total amount wagered.

House edge has nothing to do with how many games you win or lose, it is strickly a profit/loss in $ number because of the house advantage.

In case of Black Jack, the house edge is exactly how many bets you will lose per 100 bets.

So if the house edge is 0,5% I will lose a half bet per 100 bets placed.

However, according to my bets statistics, I have lost 4,5 bets per 100 bets = 9 times more like I should have.

Your chance to win at BJ are at around 42% and the house winning is at 49%. The rest is for draw. Do your calculation again with those numbers.  

The part you missed is that the difference between the 42% chance to win a hand the 49% chance to lose a hand = 7% is not the house edge, because I have the options to split and double in favorable situations and Black Jack pays 1,5 to 1.

So playing the hands with the optimal drawing, splitting and doubling strategy and Black Jack pays 1,5 to 1, the house edge drops to 0,5%.

This 0,5% house edge is also what Stake advertises.

[fullhdpixel]

You do realize that house edge and winning % are 2 different stories, right?
House edge has nothing to do with how many games you win or lose, it is strickly a profit/loss in $ number because of the house advantage.
Your chance to win at BJ are at around 42% and the house winning is at 49%. The rest is for draw. Do your calculation again with those numbers. 

That is exactly why it is not easy to make a living off gambling, or hope for a win or an income with it. I mean if the house has a higher chance to win, then it doesn't make sense for me to keep gambling on it, I may end up losing more and more to it. I think the reality is that we are talking about something that will take a while, and I do not think that it would make any sense at all, it would be quite terrible if we just kept on gambling thinking that we have a winning chance, when the house has a higher winning chance.

The only good thing is that they are putting up the money, meaning if you lose, then they win, but if you win then they lose. So, they are trusting their system to be right most of the time, and you could be the exception at a rare case.

[imamusma]

You do realize that house edge and winning % are 2 different stories, right?
House edge has nothing to do with how many games you win or lose, it is strickly a profit/loss in $ number because of the house advantage.
Your chance to win at BJ are at around 42% and the house winning is at 49%. The rest is for draw. Do your calculation again with those numbers. 

That is exactly why it is not easy to make a living off gambling, or hope for a win or an income with it. I mean if the house has a higher chance to win, then it doesn't make sense for me to keep gambling on it, I may end up losing more and more to it. I think the reality is that we are talking about something that will take a while, and I do not think that it would make any sense at all, it would be quite terrible if we just kept on gambling thinking that we have a winning chance, when the house has a higher winning chance.

The only good thing is that they are putting up the money, meaning if you lose, then they win, but if you win then they lose. So, they are trusting their system to be right most of the time, and you could be the exception at a rare case.

Gambling is not intended as a place that makes the most money for gamblers, meaning that every gambler will likely bear the cause and effect as a risk. Winning and losing should be considered a normal part of gambling, so they should have the right mindset to understand how the gambling industry works. They can certainly hope to get entertainment from gambling, winning money is a bonus, while losing is a consequence. At any casino, they will warn you not to gamble beyond your financial means. That means there are risks that must be considered wisely so as not to suffer major financial losses.

[Symphonized]

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[arallmuus]

So have any of you try tournaments on Stake Poker? they added a regularbuy-in tournament in addition to the frequent freerolls



Look at this though   

I mean they are pretty generous with the freerolls but when it comes to the real deal, they are pretty lowball on it. Prizepool is literally like 10x from buy-in fee and on average they get like 50+ players on their tournaments. Some of the budgets from freerolls should be put in these tournaments though

[Bitinity]

So have any of you try tournaments on Stake Poker? they added a regularbuy-in tournament in addition to the frequent freerolls



Look at this though   

I mean they are pretty generous with the freerolls but when it comes to the real deal, they are pretty lowball on it. Prizepool is literally like 10x from buy-in fee and on average they get like 50+ players on their tournaments. Some of the budgets from freerolls should be put in these tournaments though

I'm not quite sure about the prizepool but if we look at the completed similar buy in tournament (the same $25+$2.5 buy in), the prizepool was more than $1000. This makes me think that the prize is not fixed (just in case if these are the same tournament) or in other word the prize is increased based on the number of total participants. On this below image, we can also see the lower buy-in fee (10+1) with total prize $1440.



Maybe we can wait until there are more registered players in the tournament to see if there will be a change on the prizepool or not.

[ryzaadit]

-snip-

Yes, but not tried it yet.

I think, what we want just a normal cash game without a tournament system. I also want to tried cash game, and perhaps getting some profit from my first time cash game the problem while playing a tournament we must play until the end ~XD Still waiting for the regular cash game, to tired for playing a typical tournament poker but if you want to get the good prize with small entry.

Tournament it's always good.

[Transparency1982]

With Roulette, the win chance is 50% due to the presence of the 0, so the payout is 2. With Dice on stake.com, if the win chance is 50%, the payout is only 1.98. Is the 1.98 low because the Dice can still land on the exact number 50 (similar to the 0 in Roulette)?

[arallmuus]

-snip

I'm not quite sure about the prizepool but if we look at the completed similar buy in tournament (the same $25+$2.5 buy in), the prizepool was more than $1000.

'Prizepool' huh, that was dumb of me to use that word

What I meant was the guaranteed amount/guaranteed prizepool, well second thought actually its the same

This makes me think that the prize is not fixed (just in case if these are the same tournament) or in other word the prize is increased based on the number of total participants. On this below image, we can also see the lower buy-in fee (10+1) with total prize $1440.

There isnt any fixed amount for the overall prizepool but in poker tournament, house takes fees and the rest goes to the prizepool until late registration ends



Take this as an example, the buy-in for the tournament is $25+2.5

So anytime a player register for the tournament, $25 goes to the prizepool while the house collect $2.5. So if there is an extra of 1000 players that register after, that means an extra of $25000 on top

What I meant was the guaranteed prizepool provided by Stake, this guaranteed prizepool guarantee the prizepool will stays the same no matter how many people register on the tournament.

In this case its $250 ( image on my previous post ) literally only 10 players needed to register for Stake to break even and collect all those extra tournaments fees. Lowball imo when they could provide all those $1000 freerools for leechers but cant provide decent guaranteed amount for tournaments

[Mahdirakib]

With Roulette, the win chance is 50% due to the presence of the 0, so the payout is 2. With Dice on stake.com, if the win chance is 50%, the payout is only 1.98. Is the 1.98 low because the Dice can still land on the exact number 50 (similar to the 0 in Roulette)?

Roulette and Dice game concepts are completely different. The 0 is a special payout number on the roulette game. But you will loss your bet if you roll the number 50.00 on 1.98× payout (50% win chance) in the dice game. This is because of the difference of house edge concept of both games.

BTW, I had participated in some freeroll poker tournaments of Stake until now. And I have managed to win prizes from only one tournament, I had ended with 83rd rank and received $1.5 as reward.

[Bitinity]

----

Get your point now and yes the guaranteed prizepool looks low if we compare it to the Grand Slam freeroll but if we compare it to other buy-in tournament at other poker sites, I think Stake is better because the prize in most other buy-in tournament will be based on the total buy-in from the registered players. Maybe they can split what they spend for the freeroll to be added on the guaranteed prize for the buy-in tournament. For example, they are currently spending $4,000 per day for the freeroll, maybe they can remove 2 freerolls and spend the prize ($2000) for the buy-in tournaments. Or it will be even better if they spend more money to be added on the guaranteed prize for the buy-in tournament.