this is why it is very important to check the background of the casino, in terms of reviews/feedbacks, check if those are legit. because some of them are just trolling to ruin the image of the casino. in this forum, we can always check the trust summary of the casino rep/admin, for those who are still new to this. if they have gotten legit negative feedback from reputable member, then think twice of sending money to that casino. in time, we will know if the casino will always treat their players in fair manner or not.
Well the reason I always chose a casino that has a business here is that I know they are hard not to find if there is a technical problem --you can easily reach the team for customer support. The review site has its own review of a certain casino on its own, that is why I don't trust watching a review on a review site it should be under by the community review not rely on a single person. For me, those who are in this forum that continuously offering their service and have of course a good reputation will always be good to trust and leave your fund. 
Topic: Blockchain and Gambling - page 4. (Read 962 times)
I strongly agree with you, in every centralized system there must always be this unsatisfied service rendered. It could either arise from the house not willing to pay a won slip or from the gambler who would want make claims to winnings that might go against the gambling policies and since this services can be easily manipulated policies could be made in favour of the company.
Saw that happened in some casinos, even it's already proven to be a win by the gambler. They just don't want to give that prize that he deserved to win.this is why it is very important to check the background of the casino, in terms of reviews/feedbacks, check if those are legit. because some of them are just trolling to ruin the image of the casino. in this forum, we can always check the trust summary of the casino rep/admin, for those who are still new to this. if they have gotten legit negative feedback from reputable member, then think twice of sending money to that casino. in time, we will know if the casino will always treat their players in fair manner or not.
I strongly agree with you, in every centralized system there must always be this unsatisfied service rendered. It could either arise from the house not willing to pay a won slip or from the gambler who would want make claims to winnings that might go against the gambling policies and since this services can be easily manipulated policies could be made in favour of the company.
Saw that happened in some casinos, even it's already proven to be a win by the gambler. They just don't want to give that prize that he deserved to win.
Blockchain in of itself is a pretty good system to be used, and it being used by scammers is proof enough of how good it is, since really, scammers go with the trend, they'd friggin use ANYTHING they could just so that they could profit with good ones being the priority. It's really as simple as that, they'd even use the name of some bloody random kid in the street if said name could net them millions in profit.
Scammers will find the most trendy way to scam people at all times. There are no scammer that would stop at a certain level, whatever they need to do, they will keep on doing it, as long as they know that there is some money to be made.I have seen scammers who ended up spending a million dollars (not their own money, from investors money that they earned) in order to make even more profit. So that means, they started out with a small scam, got popular, earned a lot of money and they could have just scammed and took that money and get out, reached 50k dollars? Take it and leave and let it be a scam right? No they put everything back into marketing and turned it into something huge and then they ended up leaving with few million dollars instead of just 50k. Last I heard they were sued but not jailed, they were just waiting for the judge to decide on the punishment or something I believe.
A casino can be transparent with the provably fair script so there is no need of blockchain technology in the place of ledger there, even if they have one still it is going to be very easy for the casino to manipulate since they are going to have the control of all nodes and if they are going to share the nodes then the privacy will be affected for sure.
There is a need for blockchain for us to be able to verify the bets as well the results of the game, if it will just be a normal script it will only be manipulated by the casino and will not get people to play in them. We see how the adoption of crypto gambling boom to fast is because of the transparency that blockchain gives. We were able to see whether it’s a true bet or not thru verifying the sources on it. the casino remains a casino with all the data rules and scripts they use to manage their gambling and crypto will still be on the blockchain because it is used only as a means of payment, and its position is the same as fiat or chipscoin which is used as a means of payment.
there is no problem about it because they are different in type but their purpose at the casino remains the same.
Blockchain in of itself is a pretty good system to be used, and it being used by scammers is proof enough of how good it is, since really, scammers go with the trend, they'd friggin use ANYTHING they could just so that they could profit with good ones being the priority. It's really as simple as that, they'd even use the name of some bloody random kid in the street if said name could net them millions in profit.
Scammers will find the most trendy way to scam people at all times. There are no scammer that would stop at a certain level, whatever they need to do, they will keep on doing it, as long as they know that there is some money to be made.I have seen scammers who ended up spending a million dollars (not their own money, from investors money that they earned) in order to make even more profit. So that means, they started out with a small scam, got popular, earned a lot of money and they could have just scammed and took that money and get out, reached 50k dollars? Take it and leave and let it be a scam right? No they put everything back into marketing and turned it into something huge and then they ended up leaving with few million dollars instead of just 50k. Last I heard they were sued but not jailed, they were just waiting for the judge to decide on the punishment or something I believe.
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blockchain technology + gambling = 99,99% probably fairfrom what I know that blockchain technology has changed the order of gambling that has occurred so far, nothing can be hidden, everything is clearly visible to the public. Gambling in traditional casinos is still prone to be deceived but in crypto casinos the percentage is almost zero.
As has been said many times here, cryptocurrencies in many online casinos are just one way of making a deposit... And the casinos themselves do not use blockchain technology! Not many gambling sites can give you a hash of your transaction when you play, and those that can do it are mostly dice games... So I don't understand why you say something is visible to the public...
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blockchain technology + gambling = 99,99% probably fairfrom what I know that blockchain technology has changed the order of gambling that has occurred so far, nothing can be hidden, everything is clearly visible to the public. Gambling in traditional casinos is still prone to be deceived but in crypto casinos the percentage is almost zero.
A casino can be transparent with the provably fair script so there is no need of blockchain technology in the place of ledger there, even if they have one still it is going to be very easy for the casino to manipulate since they are going to have the control of all nodes and if they are going to share the nodes then the privacy will be affected for sure.
There is a need for blockchain for us to be able to verify the bets as well the results of the game, if it will just be a normal script it will only be manipulated by the casino and will not get people to play in them. We see how the adoption of crypto gambling boom to fast is because of the transparency that blockchain gives. We were able to see whether it’s a true bet or not thru verifying the sources on it. A casino can be transparent with the provably fair script so there is no need of blockchain technology in the place of ledger there, even if they have one still it is going to be very easy for the casino to manipulate since they are going to have the control of all nodes and if they are going to share the nodes then the privacy will be affected for sure.
There is a need for blockchain for us to be able to verify the bets as well the results of the game, if it will just be a normal script it will only be manipulated by the casino and will not get people to play in them. We see how the adoption of crypto gambling boom to fast is because of the transparency that blockchain gives. We were able to see whether it’s a true bet or not thru verifying the sources on it.
A casino can be transparent with the provably fair script so there is no need of blockchain technology in the place of ledger there, even if they have one still it is going to be very easy for the casino to manipulate since they are going to have the control of all nodes and if they are going to share the nodes then the privacy will be affected for sure.
I'm glad the mediator is being honest about it. It's his job to help those who have disputes and this could ruin his profits but he thought about the good side of introducing the blockchain technology that will ease the difficulties of tracing back the transactions. Who would do that this days?
He could just keep his mouth shut and take as many disputes as he can from gamblers and yet he wanted a progressive way. Small problems could be directed to gambling platform support while he can focus on big amounts.
If more sophisticated tools are used in block chain transactions then it might be hard to recognize and track down transactions making it impossible for ordinary tracking. Using block chain in gambling had been a good innovation making it easy for gamblers to make transactions from one wallet address to another increasing the chances of more gamblers in making bets. He could just keep his mouth shut and take as many disputes as he can from gamblers and yet he wanted a progressive way. Small problems could be directed to gambling platform support while he can focus on big amounts.
There are still some gambling site that works with Blockchain technology turns into a scam project because they don’t want to pay the gamblers so for me Blockchain still not a guaranteed but a good options especially to those serious gamblers. We need transparency in gambling, blockchain made it possible so I do agree that good gamblers should really improve their blockchain system.
There are still some gambling site that works with Blockchain technology turns into a scam project because they don’t want to pay the gamblers so for me Blockchain still not a guaranteed but a good options especially to those serious gamblers. We need transparency in gambling, blockchain made it possible so I do agree that good gamblers should really improve their blockchain system.
There you have it, casino transparency is not just about blockchain based or not (although this is the best solution). Because all we need is to play honestly without any problems. Honest casinos will still be honest, they don't need to make massive defenses (even just need to be silent) in handling cases of great value disputes. Their users will always imply positive value to the public without a doubt.-snip-
Mate, please fix your quote. 
There are still some gambling site that works with Blockchain technology turns into a scam project because they don’t want to pay the gamblers so for me Blockchain still not a guaranteed but a good options especially to those serious gamblers. We need transparency in gambling, blockchain made it possible so I do agree that good gamblers should really improve their blockchain system.
Its just a matter of profitability and scammers use the current trend to accumulate costumer to be scam easily that's why eventhough there's blockchain involve on gambling we cannot guarantee any legitimacy of their project. And yeah we need transparency since this is one of important things needed to have by the dev's itself, for this we need to check which of those current blockchain based gambling site running good and transparent so that we can safely say that we are at lower risk investment or platform to play on.[/quote]
Now that's just a stupid argument imo. Blockchain in of itself is a pretty good system to be used, and it being used by scammers is proof enough of how good it is, since really, scammers go with the trend, they'd friggin use ANYTHING they could just so that they could profit with good ones being the priority. It's really as simple as that, they'd even use the name of some bloody random kid in the street if said name could net them millions in profit.
There's no wonder the Cryptocurrency gambling industry is a growing industry, fully established online gambling casinos are now adopting and integrating Cryptocurrency, with Cryptocurrency every transaction is transparent if there's an allegation coming from players he can show the explorer details to prove his allegations.
With Cryptocurrency we can help weed out bad actors from the industry and only reputable and transparent gambling operators can remain.
With Cryptocurrency we can help weed out bad actors from the industry and only reputable and transparent gambling operators can remain.
Implementation of the blockchain or similar technology on gambling firms and use-cases is definitely a great move considering how it would help not only for the privacy of the players but the transparency as well of each game. This makes for like what OP said a much more responsible gambling environment where gambling firms and players do not take advantage or exploit each other's weaknesses. Although I myself don't know how they would be integrating blockchain technology.
Crypto gambling with the use of blockchain I guess is more quite effective because all of the transactions of the players are already credited with the blockchain which is more transparent for the user aware of having a took waiting time for the transaction to be a process. Also, we know how much secured with the use of blockchain technology I guess this kind of business adaptation might be applied not only with the gambling things too, sooner or later many people will appreciate the use of this.
Totally agree with you. People want transparency more than anything especially in the gambling industry where things can get pretty blurry and shady at times. Blockchain being integrated makes up for a much more visible and friendly gambling experience for players as they wouldn't have a looming sense of doubt over the gambling firm. also makes it easier for proofs to be presented into court. 
Easily. Let's say I create an immutable smart contract and run it. The only danger that remains is interference from the "owner" of the blockchain. But such a danger exists even now in absolutely all large (in terms of market weight) blockchains, by the way, you did not answer the question why do you need to track internal transactions in a casino? I'm really curious.
But that's the whole point of decentralization - so users don't have tu TRUST the owner of the centralized blockchain.
As for the tracking of internal transactions, here is one example (I won't go into too much detail because I'm on the phone and it's hard for me to type on it
). Recently I heard that the owner of one Internet casino spent customers deposit. Of course he thought that he won't be caught because his plan was to invest that money, earn interest and give that money backwhile keeping the interest for him. Use of decentralized blockchain to track inside transactions would have prevented that. If he had used centralized blockchain, he could have easily tamper with the transactions and nothing would change.And what is violated in this case? Users will not trust anyone, and the owner does not take negative actions due to the fact that by these actions he will devalue his blockchain. This is the implementation of Satoshi's ideas.
As for your answer, it is incomprehensible to me - if the owner of the casino spent money, then this is not an internal transaction and in any blockchain (decentralized or not) it is clear that the funds have left the casino.
Easily. Let's say I create an immutable smart contract and run it. The only danger that remains is interference from the "owner" of the blockchain. But such a danger exists even now in absolutely all large (in terms of market weight) blockchains, by the way, you did not answer the question why do you need to track internal transactions in a casino? I'm really curious.
But that's the whole point of decentralization - so users don't have tu TRUST the owner of the centralized blockchain.
As for the tracking of internal transactions, here is one example (I won't go into too much detail because I'm on the phone and it's hard for me to type on it
). Recently I heard that the owner of one Internet casino spent customers deposit. Of course he thought that he won't be caught because his plan was to invest that money, earn interest and give that money backwhile keeping the interest for him. Use of decentralized blockchain to track inside transactions would have prevented that. If he had used centralized blockchain, he could have easily tamper with the transactions and nothing would change. No. First, you don't need to use a decentralized blockchain to create a decentralized application. Secondly, if Solana has any differences in decentralization from ETH or bitcoin, then they are minimal. As for the tracking of internal transactions in the casino, why do you want to see them if we are not talking about a system of provable fair?
How would you create a decentralized application on a centralized blockchain? For example, you create decentralized application like casino on your centralized blockchain and then what? The users of that decentralized application have to trust you that you won't tamper with the transactions. What's the point of that?
Easily. Let's say I create an immutable smart contract and run it. The only danger that remains is interference from the "owner" of the blockchain. But such a danger exists even now in absolutely all large (in terms of market weight) blockchains, by the way, you did not answer the question why do you need to track internal transactions in a casino? I'm really curious.
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