Bitcoin Forum
May 09, 2024, 12:16:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 »
  Print  
Author Topic: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All  (Read 24296 times)
Elenabtc
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
February 17, 2021, 12:38:49 PM
 #241

Hello,
can please me contact the admin from the Gambling Foundation?
We like report a problem and need help with a listed Casino.
Please help us we like go tomorrow to the financial authories for report
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
joksim299
Legendary
*
Offline Offline

Activity: 2184
Merit: 1014


Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm


View Profile WWW
March 06, 2021, 12:57:29 PM
 #242

Why is Stake still member of Cryptogambling foundation while hosting not provably fair and sketchy slot games?

joksim299
Legendary
*
Offline Offline

Activity: 2184
Merit: 1014


Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm


View Profile WWW
March 08, 2021, 08:08:11 PM
 #243

I have contacted Cryptogambling foundation via email but nobody responded yet.
It look like its only made for marketing purposes.

Saint-loup
Legendary
*
Offline Offline

Activity: 2604
Merit: 2354



View Profile
March 08, 2021, 09:40:03 PM
 #244

Why is Stake still member of Cryptogambling foundation while hosting not provably fair and sketchy slot games?
Why don't you say anything about Onehash for example? They are also hosting third party games AFAIK. If fairness is something you care about, you should ask for all the gambling sites currently listed on CGF, and not for Stake only IMO.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
cwil
Sr. Member
****
Offline Offline

Activity: 285
Merit: 259


View Profile
March 08, 2021, 09:50:02 PM
 #245

Why is Stake still member of Cryptogambling foundation while hosting not provably fair and sketchy slot games?
Why don't you say anything about Onehash for example? They are also hosting third party games AFAIK. If fairness is something you care about, you should ask for all the gambling sites currently listed on CGF, and not for Stake only IMO.

I will say something about OneHash. I'd like clarification from the CGF on the specifics of what their certification means and how it applies to casinos hosting non-pf third party games, to include Stake and OneHash. A concrete set of requirements to be a member would be great.

I'd also like to better understand the circumstances around BitDice leaving the foundation. Posts in this thread seem to imply that it was due to them hosting non-pf third party games. Is that true? If so, was that their decision or that of the foundation?
Stunna (OP)
Legendary
*
Offline Offline

Activity: 3192
Merit: 1278


Primedice.com, Stake.com


View Profile
March 09, 2021, 04:36:55 AM
 #246

Why is Stake still member of Cryptogambling foundation while hosting not provably fair and sketchy slot games?
Why don't you say anything about Onehash for example? They are also hosting third party games AFAIK. If fairness is something you care about, you should ask for all the gambling sites currently listed on CGF, and not for Stake only IMO.

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.

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
DNL
Member
**
Offline Offline

Activity: 165
Merit: 19


View Profile WWW
March 09, 2021, 05:57:00 AM
 #247

Which type of control do you actually enforce to the members of your foundation?

The Best Crypto Casino Reviews  - Crypto-Gambling.Net
BBMltd
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
February 16, 2022, 11:33:03 AM
 #248

Great service and much needed - so well done for taking the lead on this.

How would we get in touch with you to discuss your services further?
PS: Have reached out via email with not much success.

Thanks in advance
BBM
xpolinn
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
February 17, 2022, 02:10:55 PM
 #249

Why is Stake still member of Cryptogambling foundation while hosting not provably fair and sketchy slot games?
Why don't you say anything about Onehash for example? They are also hosting third party games AFAIK. If fairness is something you care about, you should ask for all the gambling sites currently listed on CGF, and not for Stake only IMO.

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.

Thanks for sharing details with us. Very useful information. I have never issued any probs with stake btw.
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 02, 2022, 12:57:05 AM
 #250

I sent an email to admin@cryptogambling.org and was informed that the email account I tried to reach does not exist.

How can I reach the Crypto Gambling Foundation administration, preferably Chris Butler?
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 03, 2022, 02:05:08 AM
 #251

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!
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 04, 2022, 05:40:56 PM
Last edit: December 04, 2022, 06:06:07 PM by BlackyJacky
 #252

If no one is reachable at the Crypto Gambling Foundation, how can they verify operators?

Is verifying "provably fair" a one time process?
Fivestar4everMVP
Legendary
*
Offline Offline

Activity: 2254
Merit: 1052


Leading Crypto Sports Betting & Casino Platform


View Profile
December 05, 2022, 07:03:01 PM
 #253

Bump
I think you are spamming this thread and it is not healthy, you could get yourself banned if you continue, like I already replied to you on stake's official an thread, if this is an urgent matter you need immediate assistance or attention to, you can try searching the internet, Twitter or better still, visit the CGF forum and try to reach the Admins there, or contact stake's customer support and table your issue before them,  I personally believe they will help you with whatever the issue is..
There are lots of options to choose from, stop spamming this thread so you don't get your account banned.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 05, 2022, 07:13:27 PM
Last edit: December 06, 2022, 04:14:55 AM by BlackyJacky
 #254

I think you are spamming this thread and it is not healthy, you could get yourself banned if you continue, ~snip~

I am allowed to bump this thread once per 24 hours

Forum rules
13. Bumps, "updates" are limited to once per 24 hours per thread. Bumping multiple threads at the same time is allowed if it's not annoying. [2][e]

21. Old bumps should be deleted. [2]


~snip~ you can try searching the internet, Twitter or better still, visit the CGF forum and try to reach the Admins there, ~snip~
Where is the CGF Forum?
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 07, 2022, 08:44:02 PM
Last edit: December 09, 2022, 10:10:48 PM by BlackyJacky
 #255

Does Stake monitor office@mebit.io ?


Mebit is Stake's support head quarter company.
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 13, 2022, 03:15:21 PM
Last edit: December 13, 2022, 06:21:56 PM by BlackyJacky
 #256

Is provably fair a religion?
TwitchySeal
Legendary
*
Offline Offline

Activity: 2534
Merit: 2015


Join the world-leading crypto sportsbook NOW!


View Profile
December 15, 2022, 07:14:03 AM
 #257

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!

Blackjack has some skill involved and the house edge assumes you are playing perfectly.

181,000 hands is a shitload of BJ to play.  Maybe you made some mistakes or aren't using the best strategy.  

Or maybe you just varied your bet size and ran bad when making bigger bets.

Or maybe your math is wrong. 

It's impossible to say without a lot more information.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 15, 2022, 09:41:39 PM
 #258

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!

Blackjack has some skill involved and the house edge assumes you are playing perfectly.

181,000 hands is a shitload of BJ to play.  Maybe you made some mistakes or aren't using the best strategy.  

Or maybe you just varied your bet size and ran bad when making bigger bets.

Or maybe your math is wrong. 

It's impossible to say without a lot more information.
Yes, I played perfectly

Yes, in average around every 1,000 bet I differed from the perfect drawing strategy by mistake, but that is negligible.

In a fair Black Jack game you will lose 0,5% of the bets if the house edge is 0,5% and this totally independent of your bet size

My math is correct:

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%
TwitchySeal
Legendary
*
Offline Offline

Activity: 2534
Merit: 2015


Join the world-leading crypto sportsbook NOW!


View Profile
December 15, 2022, 11:25:59 PM
 #259

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!

Blackjack has some skill involved and the house edge assumes you are playing perfectly.

181,000 hands is a shitload of BJ to play.  Maybe you made some mistakes or aren't using the best strategy.  

Or maybe you just varied your bet size and ran bad when making bigger bets.

Or maybe your math is wrong. 

It's impossible to say without a lot more information.
Yes, I played perfectly

Yes, in average around every 1,000 bet I differed from the perfect drawing strategy by mistake, but that is negligible.

In a fair Black Jack game you will lose 0,5% of the bets if the house edge is 0,5% and this totally independent of your bet size

My math is correct:

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%


0.5% house edge doesn't mean 99.5% of your best will be winning bets.  It means the house averages a profit of 0.5% of each wager (assuming the player makes optimal strategy).

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. 


  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
BlackyJacky
Newbie
*
Offline Offline

Activity: 306
Merit: 0


View Profile
December 16, 2022, 03:31:11 AM
Last edit: December 16, 2022, 04:26:29 AM by BlackyJacky
 #260

0.5% house edge doesn't mean 99.5% of your bets will be winning bets.
No, it means 49.75% of my bets will be winning bets.


It means the house averages a profit of 0.5% of each wager (assuming the player makes optimal strategy).
The house averages a profit of 0,5% of each wager is exactly the same like the house averages a profit of a half bet per 100 bets:

So if you bet 100 times 1 Euro, you will lose in average 100 x 0,5% of 1 Euro = 50 cents

And after you made 100 bets, you will have lost in average a half 1 Euro bet = 50 cents


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.
You mix hands with bets, but hands won and bets won is not the same!

When I get a Black Jack, I win 1 hand, but win 1,5 bets.

Also, in 1 hand I can win up to 4 bets, because I can split 1 time and double up to 2 times

Now you can say ok, when I can win 4 bets in a hand I can also lose 4 bets in a hand = balanced

But the difference is when I split or double a hand according to the perfect strategy I have a higher winning percentage, so long term splitting and doubling brings much more additional bets won than the number of hands won.

Hence, you can not use the hands 42% win / 8,5% push / 49,5% loss statistic to explain the 4,6% difference I experienced between bets won and bets lost.

If there is a 4,6% difference between bets won and bets lost, then the house edge is 4,6% and not 0,5% as advertised by Stake!
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!