God bless stake.com and eddie and take care

[kingbj21]

God bless and take care

[AHOYBRAUSE]

What has house edge to do with expected losses in a win/lose ratio??
House edge will be accounted for wins and losses profit wise, not for the game outcome  :: .
The chance for a win is only over 42% while the rest is accounted for losses or pushes. In other words, your calculation makes 0 sense.
Another case where you didn’t get your facts straight, very sad to see. You should use your time for something useful and not for this nonsense.

[Zwei]

your math is not mathing here @kingbj21, you clearlly have no idea how the house edge or fairness work, and your words salad is not help at all.
a sample size of 300,000 bets is not large enough to come to any meaning of conclusion.

do your calculation again based on the wagered ammount for the game instead of the number of bets.

[BlackyJacky]

What has house edge to do with expected losses in a win/lose ratio??

The house edge determines the percentage of bets you will lose long-term.

For example, if the advertised house edge is 0,5%, then long-term you should lose 0,5% of your bets placed.

House edge will be accounted for wins and losses profit wise, not for the game outcome  :: .

The chance for a win is only over 42% while the rest is accounted for losses or pushes. In other words, your calculation makes 0 sense.

When you claim the chance for win is only 42%, you claim that the house edge is 8%, right?

Because 50% minus chance to win 42% = 8% house edge!

But when you say the house edge is 8% and Stake says the house edge is only 0,5%, one of you is lying, right?

[AHOYBRAUSE]

What has house edge to do with expected losses in a win/lose ratio??

The house edge determines the percentage of bets you will lose long-term.

For example, if the advertised house edge is 0,5%, then long-term you should lose 0,5% of your bets placed.

House edge will be accounted for wins and losses profit wise, not for the game outcome  :: .

The chance for a win is only over 42% while the rest is accounted for losses or pushes. In other words, your calculation makes 0 sense.

When you claim the chance for win is only 42%, you claim that the house edge is 8%, right?

Because 50% minus chance to win 42% = 8% house edge!

But when you say the house edge is 8% and Stake says the house edge is only 0,5%, one of you is lying, right?

LOL, house edge doesn't determine how many bets you will lose, who told you this nonsense. House edge is how much MONEY you are losing at a cetain amount of bets, this has absolutely nothing to do with a projected win/loss ratio.

You can win 50 games and lose 50 games and still lose money, because of the house edge.

You should gets your facts straight man. Also, around 42% is the possible winning chance in any BJ game, anywhere. That doesn't mean that the house edge is 8% because you are ( as always ) forgetting about games that end in a push. You have been told this a million times in here and still you are posting your nonsense numbers, slowly this feels like you are just trolling and know you are actually wrong. 

[Eternad]

Can you clarify what game you are referring here since there’s a lot of original games available on Stake. I’m not familiar on what game has a house edge of 0.5% though.

But you should input the winning percentage set on the game to determine the win/loss ratio if it will match to the outcome or not. 300K is indeed a good size for sample imho which can already use to check the math.

What I’m skeptical about this was all the original games of Stake is provably fair. I’m not sure how they can cheat with the result.

[Eternad]

^thanks for the detailed reply. Since Blackjack we are talking about here, the outcome of the game depends on the players decision too which gives impact to the game.

The house edge set is when you play the game flawlessly using the blackjack table matrix but it will varies and increase significantly if you play differently from the strategy. This accusation is very hard to prove since the game needs to be check individually for the decision making that he use on a single game. If the game is dice then it’s easy to conclude with huge sample.

[Saint-loup]

^thanks for the detailed reply. Since Blackjack we are talking about here, the outcome of the game depends on the players decision too which gives impact to the game.

The house edge set is when you play the game flawlessly using the blackjack table matrix but it will varies and increase significantly if you play differently from the strategy. This accusation is very hard to prove since the game needs to be check individually for the decision making that he use on a single game. If the game is dice then it’s easy to conclude with huge sample.

I agree with you, house edge (or RTP) figures announced of Blackjack games are actually "optimal" or "theoretical" house edge or RTP, that is to say, it's the figure you will get if you use the optimal strategy or the optimal decisions if you prefer (hit, stand, double down, split or even surrender if available) for each combination of cards you get against the dealer, without counting the cards. They are known by most, if not all, skilled blackjack players. If you play randomly you won't get those figures, because each initial combination of cards of the player and the dealer has its own probability to bust. For example 5 or 6 as initial card for the dealer has a high likelihood to bust whereas an Ace has a high likelihood to reach a high score, including a Blackjack, without busting(that's why an insurance is offered usually).

[BlackyJacky]

What has house edge to do with expected losses in a win/lose ratio??

The house edge determines the percentage of bets you will lose long-term.

For example, if the advertised house edge is 0,5%, then long-term you should lose 0,5% of your bets placed.

House edge will be accounted for wins and losses profit wise, not for the game outcome  :: .

The chance for a win is only over 42% while the rest is accounted for losses or pushes. In other words, your calculation makes 0 sense.

When you claim the chance for win is only 42%, you claim that the house edge is 8%, right?

Because 50% minus chance to win 42% = 8% house edge!

But when you say the house edge is 8% and Stake says the house edge is only 0,5%, one of you is lying, right?

LOL, house edge doesn't determine how many bets you will lose, who told you this nonsense.

Basic math and basic statistic told me this.  

When you make 200 bets at 0,5% house edge, then you statistically will lose 1 bet, because 200 x 0,5% = 100% of 1 bet.

For example, when you make 201 bets at 0,5% house edge, then statistically you will win 100 bets and lose 101 bets.

The 1 bet you statistically will lose more after 201 bets, is the money that goes out of your pocket into the pocket of the casino = house edge.

If the house edge is 0% and you make 200 bets, then statistically you will win 100 bets and lose 100 bets = no bet more lost = no house edge.

Another example, when you make 210 bets at 5% house edge, then statistically you will win 100 bets and lose 110 bets.

Therefore, the number of bets you statistically will lose more than you win is the house edge!

The higher the house edge is, the higher is the number of bets you statistically will lose more than you win.

^thanks for the detailed reply. Since Blackjack we are talking about here, the outcome of the game depends on the players decision too which gives impact to the game.

The house edge set is when you play the game flawlessly using the blackjack table matrix but it will varies and increase significantly if you play differently from the strategy. This accusation is very hard to prove since the game needs to be check individually for the decision making that he use on a single game. If the game is dice then it’s easy to conclude with huge sample.

I played the game flawlessly and therefore should have experienced the advertised 0,5% house edge.

I offer to everyone to check my 180,900 bets if I played flawlessly!

[AHOYBRAUSE]

Basic math and statistic told me this.

When you make 200 bets at 0,5% house edge, then you statistically will lose 1 bet, because 200 x 0,5% = 100% of 1 bet.

For example, when you make 201 bets at 0,5% house edge, then statistically you will win 100 bets and lose 101 bets.

The 1 bet you statistically will lose more after 201 bets, that is the house edge.

If the house edge is 0% and you make 200 bets, then statistically you will win 100 bets and lose 100 bets = no bet more lost = no house edge.

For example, when you make 205 bets at 5% house edge, then statistically you will win 100 bets and lose 105 bets.

Therefore, the number of bets you statistically will lose more than you win is the house edge!

The higher the house edge is, the hgher is the number of bets you statistically will lose more than you win.

^thanks for the detailed reply. Since Blackjack we are talking about here, the outcome of the game depends on the players decision too which gives impact to the game.

The house edge set is when you play the game flawlessly using the blackjack table matrix but it will varies and increase significantly if you play differently from the strategy. This accusation is very hard to prove since the game needs to be check individually for the decision making that he use on a single game. If the game is dice then it’s easy to conclude with huge sample.

I played the game flawlessly and therefore should have experienced the advertised 0,5% house edge.

I offer to everyone to check my 180,900 bets if I played flawlessly!

Jesus Christ, what kind of math is this.
You CANNOT calculate win/loss ration with house edge, how often do we have to tell you that??

If you make bets you win 42.22%, lose 49.1% and draw 8.49% . First of all obviously you need a huge sample size for that.
Second I highly doubt you always used the same exact bet size and as I have mentioned before. I am 100000% convinced not all of your 180k played games are blackjack, yet you claim so. Who plays at a site and plays 180000 hands of BJ while not playing any other game, stop capping man! You can prove it buy showing all of history (alternatively through stake stats or whatever the site is called. But until then I believe you are straight up lying about these numbers.

By the way, I am starting to believe blackyjacky and this kingbj guy are totally the same person.

[Text]

The standard house edge for Blackjack is around 0.5%. This means, over a large sample size, players can expect to lose around 0.5% of their total bets.

A larger sample size (millions of bets) would be ideal for a definitive conclusion. However, 180,000+ bets is still a significant sample, and significant deviations from the expected outcome warrant further investigation.

House edge doesn't directly determine win/loss ratio. However, house edge does affect the long-term expected win/loss ratio. In a fair game with a 0.5% house edge, the win rate should be close to 49.5%.

The longer you play, the greater the odds are that the result of your play will match up with the house edge—and that you will lose money.

[AHOYBRAUSE]

Listen up, you're a complete idiot, trying to rip off our community with your lies and misinformation. You think you're better than us, smarter than us, but you're not. We're both blackjack players who love the game, and we won't let a couple of RuneScape mods or Reject Squad dictate the rules on online blackjack. Your accusations are weak, your logic is flawed, and your statistics are garbage. You're trying to ruin the reputation of honest blackjack players, and you're failing spectacularly.

We won't let you control the conversation. We won't let you dictate the terms of engagement. We'll expose your lies, debunk your nonsense, and show you the truth. We'll show you that the house edge is real, that the laws of probability apply, and that you're nothing more than a fraud trying to take advantage of unsuspecting players.

So, get ready for a battle of wits and facts. Get ready for a showdown between two passionate blackjack players. And get ready to watch you crumble under the weight of reality. Because the only thing we have in common is our love for the game, and we won't let anyone else run the show. We'll stick together, stand tall, and fight back.

You mean 1 restless sore loser that doesn't understand simple math. I make it easy for you, nothing will come from this because first of all you don't show any documented bets. You or your alt account can claim that you made 180k bets on BJ, but until now we have never seen anything.
Stake statistic on site only shows all bets, every play on the site, I could also claim that all of my over 7 million wager is from BJ, fact is though, it isn't.
And again, as Text also wrote, house edge has NOTHING to do with how many bets you win, it determines your payout. It's the same with sports, you can win 100 bets on 1.95 and lose 100 bets on 1.95, in the end you wagered 200$ and lost 10, because of the HOUSE EDGE. Even if you won 102 bets and lost only 98 would still have lost money, that's how house edge works. And not like what your are making up here.

Keep posting your nonsense about your bs weekly and monthly, I am actually happy now they don't pay you anything because you don't deserve anything for your blackmail here.

So keep dreaming of a win % of 49.5% while every site on earth states the winning chance at BJ is 42.5%. 

[BlackyJacky]

Basic math and statistic told me this.

When you make 200 bets at 0,5% house edge, then you statistically will lose 1 bet, because 200 x 0,5% = 100% of 1 bet.

For example, when you make 201 bets at 0,5% house edge, then statistically you will win 100 bets and lose 101 bets.

The 1 bet you statistically will lose more after 201 bets, that is the house edge.

If the house edge is 0% and you make 200 bets, then statistically you will win 100 bets and lose 100 bets = no bet more lost = no house edge.

For example, when you make 205 bets at 5% house edge, then statistically you will win 100 bets and lose 105 bets.

Therefore, the number of bets you statistically will lose more than you win is the house edge!

The higher the house edge is, the hgher is the number of bets you statistically will lose more than you win.

^thanks for the detailed reply. Since Blackjack we are talking about here, the outcome of the game depends on the players decision too which gives impact to the game.

The house edge set is when you play the game flawlessly using the blackjack table matrix but it will varies and increase significantly if you play differently from the strategy. This accusation is very hard to prove since the game needs to be check individually for the decision making that he use on a single game. If the game is dice then it’s easy to conclude with huge sample.

I played the game flawlessly and therefore should have experienced the advertised 0,5% house edge.

I offer to everyone to check my 180,900 bets if I played flawlessly!

If you make bets you win 42.22%, lose 49.1% and draw 8.49% .

Absoulte nonsense declaration!

This is the statistics for the hands to win and lose and draw and not for the bets.

In Black Jack, the hands winning and losing percentage does not bear any relevance for the house edge, as a won Black Jack hand pays 1,5 bets and the option to split and double hands in favorable situations reduces the house edge to the advertised 0,5% if you play flawless.

You or your alt account can claim that you made 180k bets on BJ, but until now we have never seen anything.

Here we go: https://bitcointalk.org/index.php?topic=2178857.msg64704678#msg64704678

The standard house edge for Blackjack is around 0.5%. This means, over a large sample size, players can expect to lose around 0.5% of their total bets.

Bingo!  

A larger sample size (millions of bets) would be ideal for a definitive conclusion. However, 180,000+ bets is still a significant sample, and significant deviations from the expected outcome warrant further investigation.

Only after 1 million bets you will exactly experience the expected outcome.

However, the key point here is that the more bets you made, the smaller will be the maximal possible deviation from the expected outcome, according to the law of large numbers.

So to check if a game is fair, you do not need to make 1 million bets and you simply can check if your experienced deviation is within the technically maximal possible deviation.

House edge doesn't directly determine win/loss ratio. However, house edge does affect the long-term expected win/loss ratio. In a fair game with a 0.5% house edge, the win rate should be close to 49.5%.

In a fair game with a 0.5% house edge, the win rate should be close to 49.75%.

The difference between 49,75% of the bets won and 50,25% of the bets lost = 0,5% is the house edge.

[BlackyJacky]

The Curacao Gambling Control Board accepted the license application by a provably criminal online casino operation and gave them a "Certificate of Operation" during the license application process!

[BlackyJacky]

Yes, so that they can rig their games and call it provably fair.

https://www.reddit.com/r/pcmasterrace/s/D5ygGlNHV1

Legitimate (Licensed) Gambling Websites do not pre-generate all their outcomes. They run their Random Number Generator (RNG) the moment a game comes up, so that there can not be any prior knowledge.

Legitimate Gambling Websites are licensed and their 'RNG'-systems are reviewed and tested. This is required by law, without test and review they are not allowed to operate. If they do they get shutdown and prosecuted.

[AHOYBRAUSE]

The Curacao Gambling Control Board accepted the license application by a provably criminal online casino operation and gave them a "Certificate of Operation" during the license application process!

Yes, so that they can rig their games and call it provably fair.

https://www.reddit.com/r/pcmasterrace/s/D5ygGlNHV1

Posting a reddit article from 2016 helps your "cause" a lot I must say. Like nothing changed since 2016, right? Also, stake didn't even exist at that time.  So much desperation. 

But yeah, keep posting... .

[xLays]

I don't want to say stake.com originals is rigged because I don't have any proof, but I feel like there's something wrong with stake.com Originals. Here's why I feel this way: Every time I click or double my bet the next result is a loss (often), even with low odds. This has happened to me many times in Limbo as well. For example, on my first spin playing Limbo, I went all in and the result was x1 (0). This doesn't just happen on Stake.com; it has also happen on other casinos I played. Because of this, I don't play Originals anymore, except if there's tournaments. I'm more focus now in sportbetting.

[BlackyJacky]

I don't want to say stake.com originals is rigged because I don't have any proof, ...

I have proof: https://bitcointalk.org/index.php?topic=2178857.msg64796502#msg64796502

[Rating Place]

I'm not a blackjack player so someone can help me out here so I can come up with what I think.

What's the percentage of wins and losses is normal throwing out pushes.

Win 52.5% and lose 47.5?

[Zwei]

I don't want to say stake.com originals is rigged because I don't have any proof, but I feel like there's something wrong with stake.com Originals. Here's why I feel this way: Every time I click or double my bet the next result is a loss (often), even with low odds. This has happened to me many times in Limbo as well. For example, on my first spin playing Limbo, I went all in and the result was x1 (0). This doesn't just happen on Stake.com; it has also happen on other casinos I played. Because of this, I don't play Originals anymore, except if there's tournaments. I'm more focus now in sportbetting.

it's all just mind games on our end. as a 1.1x dice enjoyer, i lose way too many times as well than i would like when i go all in. (please don't try this, it's stupid)
but i'm sure no shady business is going on in the background as most of the original games are provably fair, and you can always verify the results using third party tools like the one from BTCGOSU: https://www.btcgosu.com/tools/provably-fair-verifier/

no harm checking the results from time to time, just to be sure.