Stakie22 Posted July 31, 2023 #9 Posted July 31, 2023 The question is actually quite easy to answer. if in fact it is probably fair and the results are calculated by numbers that are said to be random and everyone thereby has an equal chance of winning, then how does stake.com ensure that a series of "random" wins doesn't make the payout that high fail that stake.com goes bankrupt as a result, if this was all really random?
N8erade91 Posted August 1, 2023 #10 Posted August 1, 2023 1 hour ago, Stakie22 said: The question is actually quite easy to answer. if in fact it is probably fair and the results are calculated by numbers that are said to be random and everyone thereby has an equal chance of winning, then how does stake.com ensure that a series of "random" wins doesn't make the payout that high fail that stake.com goes bankrupt as a result, if this was all really random? My point exactly. No business let’s it up to chance for them to run out of money lol. I’m super fed up with the site in general. The wind rarely come anymore, the bonuses are shit compared to the past and you just have the overwhelming feeling of always losing. So many people have complained of the same in the past month or so, clearly something is up. I’ve taken multiple breaks and each time I come back the site is worse, it’s just more noticeable lately
Eben59 Posted August 1, 2023 #11 Posted August 1, 2023 Its always a scam when you lose, but definitely ALWAYS a legit gamble when you win.... right? Look, i've seen seven (7) 0's on Roulette in a row - in real life, at a casino in Macao. Do you know the odds of that? But it happened. But you know what? I also bet on black, and got red THIRTEEN times in a row. 13! And this was also in a real life casino. Specifically the MGM. You don't have to believe me, but i have 0 reason to lie. I was playing just for fun as me and the wife were just there for a few days and then off to Singaphore, so my bets were $500/chip/game only. If you're playing a game in which the odds of winning is 49.29, and you lose 10 times in a row, the mathematical breakdown would be (1-.4929)^10 = .5071^10 = .0011244 = 1/889 rolls Let's say the odds are 50/50. Let's say a game has a 50/50 chance of winning/losing, and you lose 20 times in a row. Here's a C/P: Since all 20 events have identical odds we can use the shorthand form of multiplying a set of identical values (exponentiation) so the calculation is 0.5^20 Running this through a calculator using the X to y power I get 0.00000095367431640625 So... the odds of losing 20 consecutive 50/50 bets is approximately 0.000954% With that being said, I went from newly registered to Plat 3 in under 30 minutes. The following day, I went from Plat 3 to Plat 4 in 15 minutes. I had a great win-streak. But I know that those come rarely, as I just demonstrated with the math above. So I took the profit, withdrew it, and left. But I stay on Stake because of the great community AND because sometimes I like to Dice a bit, I'll deposit 0.1 btc just for fun, i just like the sounds of the dice win hit. LolHere's a few pictures of small dice sessions over the past 2-3 days. Clearly you can see it's all RNG, and you can authenticate the game by its seed. It's possible to lose 100 times in a row, just like it is possible to win 100 times in a row. Or a 1000. Or a million. The one's who win the huge, huge lottos, 1 out of 360 millon or something like that. It happens. Picture of recent Dice sesh attached: (And if someone doesn't believe me, my Stake username is the same as my forum username, just check the Dice session stats, or any other stats for that matter. I am not defending Stake.com, I am challenging your claim that Stake.com is a scam. It is NOT a scam. Huge brands would never assosciate themselves or be ambassadors for a company or a business that is shady in any way, shape or form, and OVO is the largest music brand in the music business. ) Best of luck to you in your future sessions/games!/E59 EDIT: With that being said, Stake is a business, and businesses exist to make a profit. Its not a NGO. The house will always have a edge, and even if it's 1% - in the long run, they'll always profit off of users. Thats why Casinos exist all around the world, and that's why they all profit. Example: I got extremely happy when I won in the $75,000 raffle. But I only won $5000. And I had 2550 tickets, meaning I wagered $2.55M to get those tickets. $5000 made me happy, when I've wagered 500x that amount. The bonus/reload/drop systems are great ways to incentivize players to keep on playing. Because as I wrote earlier, sooner or later, the money will move from your pocket to Stake.com's bank account. Period. It's just a matter of time. Here is a video of a streamer who lost 11,000,000$ (EVELEN MILLION DOLLARS!) in ONE streaming/gambling session: Stay safe out there! And best of luck to you all. /E59
letgonowok Posted August 1, 2023 #12 Posted August 1, 2023 The house has an edge they will always win in the long and often short term. Deal with it or don’t play. If you’re worried about it stop playing work hard and open your own Casino then you’ll win. Lol. don’t gamble with what you can’t afford to lose.
Jeebus Posted August 1, 2023 #13 Posted August 1, 2023 On 7/29/2023 at 3:49 PM, krzo said: maybe not never cant know On 7/29/2023 at 4:11 PM, nemoroma said: maybe it is not easy to know HAHAHAHA getting ridiculous with these fake bots trying to spam every single thread where people complain about Stake. Almost same exact comment, and joined forum one minute apart. GG Stake
RanGS Posted August 1, 2023 #14 Posted August 1, 2023 It happens to me too.. Many losses over win.. Always unlucky on bets.
jdjjdjdjdjdjd Posted August 1, 2023 #15 Posted August 1, 2023 @Eben59 that reponse almost deserves it's own topic. congratz. Against knowing better we still try and push, forgetting all those mathematics, because it COULD happen.. It's more psychology than mathematics for me and still i fall for it...
aversxx Posted August 5, 2023 #22 Posted August 5, 2023 Everything is real, sometimes you can have it the other way around and win a lot (I did it once with $400 $20k)
naru66 Posted August 5, 2023 #23 Posted August 5, 2023 2 minutes ago, aversxx said: Everything is real, sometimes you can have it the other way around and win a lot (I did it once with $400 $20k) ı agree ı agree
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