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Jarrod last won the day on April 4

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  1. Want to improve your blackjack game? Have a read of our latest article posted on Stake Guides! Small and simple strategies can ensure you come out a winner, more often than not.
  2. Blackjack is one of the oldest card games to ever exist, with its first mention of it being in the late 16th century. Despite trying to get as close to 21 as possible, the most important thing is beating the dealer. Whether a real dealer or a dealer on an online game, there is a house edge that you need to minimise in order to be a consistent winner. There are strategies that players need to base their game around, in order to play what can be called perfect blackjack. Many players play with something that is called an optimal strategy, which is the closest thing to maximising your chances at winning every blackjack hand. Hard or Soft hand? Before getting into strategy, it is important to know the difference between hard and soft hands. The difference is simply one card. This card is the ace. If you have an ace and an eight, you have a soft 19. If you have a ten and a nine, this is a hard 19. Split In blackjack, splitting can occur when you are dealt two of the same card. When this happens, you have the option of splitting - before being dealt two more cards. This also means your bet is doubled. You have the chance to beat the dealer twice. One of the most important strategies in playing perfect blackjack is to split your 8s. The reason for this is pretty logical. 16 is a number in blackjack that is more than likely not going to lead to a winning hand if you don’t split. 16 means just a six or higher will mean that you bust, and it is also a number that a dealer will be able to beat with their first two cards. A pair of 8s is still not an ideal position especially when your dealer has a nine or ten, but is more likely to win you more over time if you do indeed split, rather than chancing your hand at holding and trying to draw a card that is five or less. Splitting 9s can also be of some importance to a blackjack player too - except when the dealer is showing a seven. If the dealer is showing a seven, it is somewhat likely that they are going to have a hand of 17 - meaning they need to stand. This is going by the assumption that any card you cannot see, is a card with the value of ten. This is an assumption that all players should go by, considering there are more cards in the deck with the value of ten than any other value. Some players also opt to split their 10s, which is probably only a move you would see from more experienced players. Having a hand of 20 is more than likely going to get you in the money, but some players like to chance their hand at winning more. Double There aren’t that many points in a game of blackjack where doubling down is a great idea, despite many thinking that putting more money on and in turn, winning more money, is the ideal scenario. There are more cards in the deck that have a value of 10 than any other value, by quite a bit too. As we said, it is important to assume that any card you can’t see is a 10. Because of this, you only want to double down when the value of your two cards is 11 or less. That way, it is impossible to bust. Remember you only get one more card when you double down also, so doubling down when the value of your two cards is less than seven or eight is entirely pointless. Doubling on 11 is imperative, and is a tactic that must be used. It is also important to notice what card you can see that the dealer has. If their first card is a six or seven, they could be suspect to getting a 16 or 17, which are numbers that put them in the danger zone. From here, they are likely to bust, which means you are a winner. Hit Getting as close as you can to 21 without busting is one of the aims of blackjack, other than of course beating the dealer. However, with the average winning hand in blackjack being just over 18, anything at 18 or over is enough to give yourself a good chance of beating the dealer. Assume that the next card the dealer is going to get will be a ten. If the dealer shows a ten, you must hit on 16. Once again, assuming that the dealers second card is a 10, which will give them 20. 16 means you must hit. You have more of a chance of hitting and getting lucky than sitting on a 16 and hoping for the best. Stand You should only stand if you believe you are going to beat the dealer, or if the dealer is going to bust. An important thing to remember is that the dealer must hit on 16 and stand on 17. Optimal strategy says you need to stand on a hard 12 when the dealer is showing 4-6, and on a hard 13-16 when the dealer is showing 2-6. Always stand on a hard 17 or more. Always stand on a soft 19 or more. Always stand on a soft 18 except when the dealer is showing a 9, 10 or A. Playing blackjack still relies heavily on the house edge that comes with any casino game. Keeping a strong strategy can reduce the house edge from 5% to as low as 0.5%, which is ultimately going to make you as much money as possible - with a better chance of beating the dealer. Blackjack is one of the games available on the biggest Bitcoin site on the internet, Stake.com.
  3. You weren't far off!! Second legs will be interesting, every match in the balance!
  4. Our first bit of coding for our new product! Can you guess what it is? Another clue coming next week 😎
  5. Score predictions for tomorrow?! Liverpool v Porto Spurs v City HUGE!!!
  6. Could not agree more!!
  7. Current favourite Giannis Antetokounmpo just does not stop! But how can we forget James Harden's stretch of immaculate basketball just a couple of months ago? Who wins MVP from here?
  8. Think you can beat the Stake community? For the next two weeks, race against your friends and other players in our all-new race event to earn a share in the $25,000 prize pool! This will run from the 4th of April to the 18th of April, with the top 10,000 positions earning a share in the prize pool. It will be distributed in the following way: $10,000 $5,000 $1,200 $1,000 $600 $400 $250 $150 $90 $40 $20 $15 $10 $9 $8 $7 $6 $5 $4 $2 21-10,000: (10,000 - position) x 3 Satoshi Example: If you finish 4,000th: (10,000-4,000) x 3 Satoshi = 0.00018 BTC Check out your position on the leaderboard!
  9. Jarrod


    I am from Australia!
  10. Jarrod


    Thanks guys!!
  11. Would be good to see Doncic go ham' once again!
  12. Who do you think wins today in the NBA? Eight massive games today! I'm going Celtics, Nets, Bulls, Raptors, Timberwolves, 76ers, Jazz and the Suns Thoughts?
  13. Jarrod


    Hey guys, I'm new here, doing some copywriting for Stake! I look forward to getting to know some of you. Let me know if you have any questions!
  14. Understanding the Bitcoin Price Chart There are two main types of analysis used in trading. When deciding to buy Bitcoin or any alt-coin for that matter, traders get their information in one of two different ways. The first method used is to look at the bigger picture; does the coin have a good team behind it? Does the coin solve a problem that needs to be solved? What is happening on the world stage that might influence the coin? This type of analysis is known as Fundamental Analysis. The second type of analysis that traders use when deciding to invest in an asset is Technical Analysis. Technical Analysis concerns price charts. These charts allow traders to view the current price of an asset alongside historic trading patterns. This is the type of analysis you have likely seen if you've watched the movie The Wolf Of Wall Street. In this lesson, we will examine a Bitcoin price chart. By the end of this lesson, you will be able to read a price chart and understand the information that it displays. How to read a Bitcoin price chart At first sight, a price chart looks complicated, but don't be put off by this. Once you know what you are looking at, the charts are very easy to understand. Here is a bitcoin price chart for the year to date: Plotted at the bottom of the chart horizontally are the months of the year and on the right-hand side of the chart plotted on the vertical axis you will see the price of bitcoin in USD. The red and green blocks are known as candlesticks. A candlestick is a great way of visualizing how well a coin performed over any given period of time. In the above chart, each candlestick corresponds to a particular day. Candlesticks Candlesticks have a very long history, in fact, candlesticks were invented in China about 400 years ago, back then they were used to analyze rice markets during times of war. Today they are used all over the world to analyze stocks, shares, and of course coin performance. The name candlestick derives from the way the visual tool represents a candle, you will see why if we zoom in on the chart: In the above graphic there are thirteen candlesticks. The block of each candlestick is known as the real body. If you look closely you will notice that the blocks have vertical lines extending from them in both directions up and down. The line that extends below the real body is termed the lower wick and the line that extends up from the real body is known as the upper wick. You can see the various parts of the candlestick labelled below: Candlesticks are usually red or green. A red candlestick indicates that the price closed lower than it opened at (so the coin lost value over that trading period), conversely a green candlestick represents an increase in value, the coin closed higher than it opened at. Sometimes the candlestick that represents an increase in price is coloured white instead of green, but both mean exactly the same thing. The wicks show the highest and lowest prices the coin achieved during the given trading period. As you can see, the candlestick packs a wealth of information into a very useful succinct format. At a glance, you can very easily see if the coin lost or gained value, what the highest and lowest price points were and where the price opened and closed at. If the coin you are looking at has a large number of red candlesticks in close proximity, this is known as a bearish trend. It indicates that the coin is currently losing value. If on the other hand, the coin you are looking at has more green candlesticks than red in close proximity, this is known as a bullish trend and is an indicator that the coin is currently gaining in value. What next? Price charts are very useful for anyone that is interested in cryptocurrency. Not only can you see the current price of a coin, but now you know how to read candlesticks you can easily spot trends in performance. If you are thinking of investing in a coin it's a smart idea to check the price charts out before you do so to find a good point of entry. There are certain candlestick patterns that come up time and time again on price charts; the patterns candlesticks fall into on a price chart allow traders to predict (within probabilistic likelihood) what will happen with a coin in the future. If you would like to learn more about candlestick patterns, you might want to explore this article on Investopedia which examines common candlestick patterns and discusses what each pattern signifies. Where to access cryptographic price charts Different services provide access to different types of charts, some charts are basic while others have more advanced features. A good service for accessing basic price charts is coinmarketcap.com. Coinmarketcap has price data on 895 coins (at the time of writing). Coinmarketcap is great for getting a feel for how a coin is performing over time. However, if you are deciding to invest in a coin, you likely want more information than is displayed on the Coinmarketcap charts. For more advanced charts we recommend Trading View. Trading View is a site that provides free stock charts on just about any asset you can imagine. The free version of Trading View is packed with various charts and analytical tools and will give you more than enough data to get up and running with bitcoin price analysis. To access the charts open a free account using the link above and click on the chart icon from the main webpage.
  15. Many Coins, One Blockchain: Bitcoin Cash, Bitcoin Gold, and Bitcoin Private Explained A blockchain is a valuable thing. It is the representation of immutable data - a public record not hidden away from the view of the public. Traditional blockchains are secured with “proof of work", which means the amount of cycles spent by computers around the global network backing a given blockchain. Blockchains benefit by there being multiple, potentially millions or more, copies, all of which agree with each other. Two copies of a blockchain must agree with each other or they are either both invalid or separately valid. When the latter case happens, and a disagreement is found, a “hard fork” takes place. Hard forks can happen every 10 minutes if the system were more dysfunctional. Essentially, a hard fork means that there are now multiple, competing, conflicting versions of history. In one blockchain, this set of transactions took place, while in the other it never did. Usually hard forks are not a big deal. The network will have a clearly defined winner and that is the chain that will be mined. However, occasionally hard forks happen in which enough people support the minority chain that it continues on. In some cases, this is done very intentionally, while in others, a disagreement is reached and rather than find some middle ground, the two blockchains go their separate ways. This is what happened with Ethereum Classic. A hack enabled someone to steal millions of Ether and rather than allow that to stand, the Ethereum community hard forked to make these transactions null and void. Ultimately a minority did not agree that this should be done and continued mining the original Ethereum, renaming it Ethereum Classic. Ethereum Classic still exists today. Bitcoin Cash After a long scaling debate in the Bitcoin community, it became clear that there were two very different philosophical approaches emerging. One side believed that simple on-chain scaling is the way forward -- that the maximum size of each block in the Bitcoin blockchain should first be increased before other discussions of scaling solutions made any sense. When Bitcoin developers applied the patch resulting from Bitcoin Improvement Proposal 91, which instructed the network to begin rejecting blocks created by nodes which do not support Segregated Witness, people with the “on-chain” view of scaling decided to hard fork the network, immediately increasing the maximum size of blocks to 8MB from 2MB. For a time, there was speculation that the majority of the Bitcoin mining network might support the new chain as opposed to Bitcoin, but this never took place. There was a degree of network instability as miners algorithmically switched between networks based on the value of Bitcoin Cash. Most importantly for the user, Bitcoin Cash meant free money for Bitcoin holders. Yep, that’s right - all the people who had money on the Bitcoin blockchain also had money on the Bitcoin Cash blockchain. Since there was an active community developing around Bitcoin Cash, most exchanges made it possible, if not always easy, to convert Bitcoin Cash to Bitcoin or fiat currencies. Bitcoin Gold Bitcoin Gold has exactly the same properties as Bitcoin Cash, in that people who held Bitcoin before its launch also held Bitcoin Gold, but rather than forking due to the scalability debate, Bitcoin Gold was created with the purpose of changing the way Bitcoin is mined. Bitcoin Gold’s primary difference is that it uses Equihash as opposed to SHA256 for mining, which means that the amount of available dedicated hardware is lower and therefore “centralization” of Bitcoin mining -- a situation in which only a few interests are in control of Bitcoin mining -- is undone. For the most part, Bitcoin Gold has not been very successful when compared to Bitcoin Cash, which has maintained a reasonably high price in relation to Bitcoin and continues to see new services launched on it. Bitcoin Private Bitcoin Private has the Bitcoin blockchain in common with Bitcoin, Bitcoin Cash, and Bitcoin Gold, but it also has the blockchain history of Zcash. The purpose of Bitcoin Private is to bring the privacy and protocol improvements created in Zcash to the Bitcoin blockchain. If you held Zcash and Bitcoin before the launch of Bitcoin private, you get rewarded proportionally for both. There is no special process for claiming your currency, and the developers are not “in control” of you receiving it. The nature of using the Bitcoin blockchain is that its previous holders must be respected for any fork to have legitimacy. So, Which One Is Bitcoin? An unfortunate potential side effect of all this forking around is that people just coming into the cryptocurrency scene might have a hard time understanding which one is the one they’ve heard so much about. While certain proponents in any single community will always try to spell it as the “one true coin,” the only Bitcoin is the one with the original blockchain and the current consensus rules in place. Bitcoin Cash and the others have as much right to the word “Bitcoin” as Bitcoin itself does, but simply invoking it does not make these products into bitcoins.