Expecting a 1:1 match with reality is a bit foolish when we barely understand how even half of the technology in the 33rd century works, let alone most of it is theoretical at best at this time, most of it is unproven and never mind that most of our understanding of black holes and other stellar phenomena, whilst improving greatly over recent years, is still mostly theoretical.
We have managed to observe some phenomena that lends credence to various theorems; but it's not all completely understood. Frontier do their best, and unless they hire on a theoretical physicist, astronomers and mathematicians, this is about as good as it'll get.
I don't understand most of it. And the bits I do understand, would suggest to me that if the game actually simulated things as we believe they are, it'd be incredibly boring for the most part. The universe operates on glacial time scales, not on the rapid cycle that leads to adventure and excitement.