Since
2 YEARS and 8 months!!! I demand compensation for the unjustifiably lost 30,000 USD at Stake's provably rigged in-house Black Jack system!
Until today, Stake's alleged "Legal Department" is not willing to compensate me, even though they are clearly at fault here!
Below is proof that the Stake in-house Black Jack system is rigged!
Info 1)The advertised house edge for Stake's in-house Black Jack is 0,5%, which means long-term I will lose 0,5% of all bets placed.
However, if you take a look at my Stake bets statistics here
https://ibb.co/Hxf8NpR you can see the following total numbers:
Bets: 180,904
Wins: 78,285
Losses: 86,612
If we reduce the number of wins from the number of losses, we can see that I lost 8,327 bets (86,612 minus 78,285 = 8,327)
Losing 8,327 bets out of 180,904 bets placed =
4,6% of the bets lost.
0,5% house edge out of 180,900 bets placed I should lose 900 bets + a possible small deviation.
8,327 bets lost - 900 bets I should lose =
7,427 bets too much lost.
Info 2)BetsAfter 180,900 bets, the maximal possible deviation from the expected outcome is 0,4%, according to the law of large numbers (See Info 3) below).
180,000 bets x 0,4% = 720 bets I could maximal additionally lose on top of the 900 bets I will lose based on the 0,5% house edge.
7,427 bets too much lost minus 720 bets I can additionally maximal lose = 6,707 bets =
additional 9,3 times on top of the maximal possible deviation!
House edge0,5% house edge = 900 bets plus 720 bets maximal possible deviation = 80% additional maximal possible deviation from the house edge.
0,5% house edge plus 0,4% (80% additional maximal possible deviation) =
0,9% maximal possible experienced house edge!
Experienced house edge 4,6% minus 0,9% maximal possible experienced house edge = 3,7% additional experienced house edge!
3,7% additional experienced house edge : 0,4% additional maximal possible deviation =
additional 9,3 times on top of the maximal possible deviation!
Stake's own bets statistics is 100% proof that their in-house Black Jack system is rigged!Info 3)When the house edge is 0,5% and you placed 180,900 bets, you will lose 900 bets and the remaining 180,000 bets are coin flips.
The remaining 180,000 bets are coin flips, because you will win 50% = 90,000 bets and lose 50% = 90,000 bets.
Now let's take a look at the technically maximal possible deviation for 180,000 coin flips:
A) Standard deviation for 180,000 coin flips = 212 coin flips = 0,12% (In 68% of all attempts, the deviation is up to 0,12%)
B) 3 times standard deviation for 180,000 coin flips = 0,36% (In 99,7% of all attempts, the deviation is up to 0.36%)
What does 99,7% mean?
When you make 333 times a series of 180,000 coin flips, then 332 times the deviation from the expected outcome will be up to 0,36% and
only one time the deviation will be higher than 0,36%.
I was not able to find how much the deviation could be in this one case where it is higher than 0,36%, but likely not more than 10% of the 0,36% =
0,4%.
Below is Stake's deliberate deception answer:
The user has reached out to the complaints department more than 30 times for the same inquiry.
We have provided the user with the requested information and guided them on validating the license in accordance with Antillephones' preferred procedures.
The User has also been attempting to claim that the 8048/JAZ license is invalid for cryptocurrencies.
Our system allows users to access their complete bet history from the date of registration, and there is no limit on the data storage.
All data stored under the "bet archive" and other sections of your account, are protected by our License, which we strictly adhere to.
For the Blackjack game, users can easily filter data in their bet archive spreadsheet.
Our licensing information and regulations have been transparently available on our website since Stake's inception.
Upon registration, the User acknowledges and accepts our Terms of Service which provide information the above and also provides this clearly.
Prior to using our services, it's crucial for users to comprehend the inherent risks associated with gambling, as winning cannot be guaranteed.
Regarding RTP, it's important to note that this figure is based on a calculation involving at least 1 million bets.
In short sessions with a few hundred or thousand bets, variability is expected, it is impossible to make accurate calculations based on these sessions.
Overall, the frivolous claims made by this User have been explained to them many times by Support and other members of the community:
https://bitcointalk.org/index.php?topic=2178857.400.
It is clear to us that there are no ground for reimbursement.
How stupid a multi-billion USD profit online casino operation can be?While the
exact house edge applies only after 1 million bets, the law of great numbers determines the maximal possible deviation from the expected outcome based on the number of attempts.
And the higher the number of bets is, the lower is the maximal possible deviation from the expected outcome!
And after 180,900 bets, the maximal possible deviation from the expected outcome is 0,4%.
0,5% advertised house edge plus 0,4% maximal possible deviation =
0,9% maximal possible experienced house edge after 180,900 bets!
My experienced house edge 4,6% - 0,9% maximal possible experienced house edge =
3,7% ADDITIONAL technically not possible house edge!