Topic: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All - page 24. (Read 25361 times)
I think provably fair should be renamed to something like "True Fairness" or "Verify Fairness". Provably is barely even a word in my opinion.
Great site and great sight 
always good to see people stepping up for the rights of their players and demanding that people implement proper provably fair systems. It still amazes me people gamble at sites where there's almost no proof that good practices are in play.
always good to see people stepping up for the rights of their players and demanding that people implement proper provably fair systems. It still amazes me people gamble at sites where there's almost no proof that good practices are in play. For me, the most important thing when it comes to online casinos is that I can verify my bets, to make sure that casino is not cheating in some way. I support you guys 100% and I really looking forward to it.
P.S.
A lot of players don't really know what "provably fair" really means. Your articles are more than helpful.
Good Luck!
P.S.
A lot of players don't really know what "provably fair" really means. Your articles are more than helpful.
Good Luck!
These days verifying bets is standard practice. Almost every site has some form of provably fair technology for verifying bets.
I think what sites need to do however is have some form of similiar provably fair software. Because some sites do it differently than others. For example some sites always give you a new client seed for every roll, some sites only do it per session.
This is fine however but it makes it very difficult for a new person to verify the bets if they aren't used to the basic standard.
For example look at www.megadice.com, they give you a provably fair seed, but we have no idea how to verify it
For me, the most important thing when it comes to online casinos is that I can verify my bets, to make sure that casino is not cheating in some way. I support you guys 100% and I'm really looking forward to it.
P.S.
A lot of players don't really know what "provably fair" really means. Your articles are more than helpful.
Good Luck!
P.S.
A lot of players don't really know what "provably fair" really means. Your articles are more than helpful.
Good Luck!
Games.Bitcoin.com should be invited to join
Aengus, did you found the CGF or did Stunna.
Looks like Aengus is. I'm sure Stunna is apart of it. None the less the idea behind it is that. no one should really own it.
Stupid question I guess. I hope this foundation stays decentralised. I'm sure they will due to the fact how trusted the names behind it are.
Looking forward to seeing this grow. I loved everything on the website, awesome articles. I even reposted some if you all didn't mind.
We like to think that.
We're working on really pushing the foundation to the next level shortly.
I've been getting numerous PM's, alongside Stunna, for websites to join the foundation but don't have the right requirements. We've introduced a team of two people to help these casinos fix their fairness and join up.
very good and helpful move IMO
we are again in a dead end situation because the dev we had for more than 6 month now stopped for now. I will contact you guys soon and lets see if you can help after understanding our situation.
good luck
Aengus, did you found the CGF or did Stunna.
Looks like Aengus is. I'm sure Stunna is apart of it. None the less the idea behind it is that. no one should really own it.
Stupid question I guess. I hope this foundation stays decentralised. I'm sure they will due to the fact how trusted the names behind it are.
Looking forward to seeing this grow. I loved everything on the website, awesome articles. I even reposted some if you all didn't mind.
We like to think that.
We're working on really pushing the foundation to the next level shortly.
I've been getting numerous PM's, alongside Stunna, for websites to join the foundation but don't have the right requirements. We've introduced a team of two people to help these casinos fix their fairness and join up.
Aengus, did you found the CGF or did Stunna.
Looks like Aengus is. I'm sure Stunna is apart of it. None the less the idea behind it is that. no one should really own it.
Stupid question I guess. I hope this foundation stays decentralised. I'm sure they will due to the fact how trusted the names behind it are.
Looking forward to seeing this grow. I loved everything on the website, awesome articles. I even reposted some if you all didn't mind.
Aengus, did you found the CGF or did Stunna.
Looks like Aengus is. I'm sure Stunna is apart of it. None the less the idea behind it is that. no one should really own it.
Aengus, did you found the CGF or did Stunna.
Good initiative. You people are doing a wonderful job. Being 100% fair is a rare thing for casinos. Hats off to you guys for standing up for raising awareness about the issues and solutions regarding trust.
Good luck !
Good luck !
-snip-
Ah, I misread. Self-exclusion makes sense and I'll make sure we offer a seamless way to do so in a future update. There is still the issue of how easy it is to create an account, and I don't want to lock-away player funds even if they want it so in case they end up needing it for another purpose.
Ah, I misread. Self-exclusion makes sense and I'll make sure we offer a seamless way to do so in a future update. There is still the issue of how easy it is to create an account, and I don't want to lock-away player funds even if they want it so in case they end up needing it for another purpose.
You don't need to lock player funds from withdraw, just lock the games from being played.
I’d like to suggest that fair gambling sites should have all features for responsible gambling, so when people have self-control problems they can ask to be banned from the site for a certain period and/or setting limits of deposit. This is something most fiat sites have and make money anyway. This shows real interest in your customers.
Yeah but will sites really ban gamblers who are over a certain limit?
Basically most casinos make their largest revenue when someone is trading on emotion. If they started banning when people hit their limits, they would cool off and the next day most likely withdraw everything.
They do something similiar with traders. Basically a manager looks over your portfolio and P/L and if you are taking too many risks and losing they tell you to go home and come back tomorrow.
It has to be an Opt-in service not something you'd force on users. Otherwise your players would sit there thinking they were about to win the money back and you've restricted them from doing so and it also becomes a question of fairness. We have yet to really offer anything automated across our sites to deal with this, an option to simply lock your account from betting over a period of time you can select makes sense though as a cooldown.
Who said anything about forcing users? No casino forces users to take those measures.
Also, fiat casinos who have those features implemented make a lot of money. Not everybody uses them, and they can be changed by the user at certain times. For example. You allow yourself a maximum weekly deposit of 1BTC but you can change that 6 months after you set that limit.
People use those features, like self-exclusion for a certain period of time, after they have lost a lot of money, not before.
It gives casinos a good reputation and an image of taking care of their customers.
Ah, I misread. Self-exclusion makes sense and I'll make sure we offer a seamless way to do so in a future update. There is still the issue of how easy it is to create an account, and I don't want to lock-away player funds even if they want it so in case they end up needing it for another purpose.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
I’d like to suggest that fair gambling sites should have all features for responsible gambling, so when people have self-control problems they can ask to be banned from the site for a certain period and/or setting limits of deposit. This is something most fiat sites have and make money anyway. This shows real interest in your customers.
Yeah but will sites really ban gamblers who are over a certain limit?
Basically most casinos make their largest revenue when someone is trading on emotion. If they started banning when people hit their limits, they would cool off and the next day most likely withdraw everything.
They do something similiar with traders. Basically a manager looks over your portfolio and P/L and if you are taking too many risks and losing they tell you to go home and come back tomorrow.
It has to be an Opt-in service not something you'd force on users. Otherwise your players would sit there thinking they were about to win the money back and you've restricted them from doing so and it also becomes a question of fairness. We have yet to really offer anything automated across our sites to deal with this, an option to simply lock your account from betting over a period of time you can select makes sense though as a cooldown.
Who said anything about forcing users? No casino forces users to take those measures.
Also, fiat casinos who have those features implemented make a lot of money. Not everybody uses them, and they can be changed by the user at certain times. For example. You allow yourself a maximum weekly deposit of 1BTC but you can change that 6 months after you set that limit.
People use those features, like self-exclusion for a certain period of time, after they have lost a lot of money, not before.
It gives casinos a good reputation and an image of taking care of their customers.
I’d like to suggest that fair gambling sites should have all features for responsible gambling, so when people have self-control problems they can ask to be banned from the site for a certain period and/or setting limits of deposit. This is something most fiat sites have and make money anyway. This shows real interest in your customers.
Yeah but will sites really ban gamblers who are over a certain limit?
Basically most casinos make their largest revenue when someone is trading on emotion. If they started banning when people hit their limits, they would cool off and the next day most likely withdraw everything.
They do something similiar with traders. Basically a manager looks over your portfolio and P/L and if you are taking too many risks and losing they tell you to go home and come back tomorrow.
It has to be an Opt-in service not something you'd force on users. Otherwise your players would sit there thinking they were about to win the money back and you've restricted them from doing so and it also becomes a question of fairness. We have yet to really offer anything automated across our sites to deal with this, an option to simply lock your account from betting over a period of time you can select makes sense though as a cooldown.
I’d like to suggest that fair gambling sites should have all features for responsible gambling, so when people have self-control problems they can ask to be banned from the site for a certain period and/or setting limits of deposit. This is something most fiat sites have and make money anyway. This shows real interest in your customers.
Yeah but will sites really ban gamblers who are over a certain limit?
Basically most casinos make their largest revenue when someone is trading on emotion. If they started banning when people hit their limits, they would cool off and the next day most likely withdraw everything.
They do something similiar with traders. Basically a manager looks over your portfolio and P/L and if you are taking too many risks and losing they tell you to go home and come back tomorrow.
I’d like to suggest that fair gambling sites should have all features for responsible gambling, so when people have self-control problems they can ask to be banned from the site for a certain period and/or setting limits of deposit. This is something most fiat sites have and make money anyway. This shows real interest in your customers.
Great idea, I remember seeing on Primedice forum a while back the opportunity for people to present their idea for anti gambling addiction for funding.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
I’d like to suggest that fair gambling sites should have all features for responsible gambling, so when people have self-control problems they can ask to be banned from the site for a certain period and/or setting limits of deposit. This is something most fiat sites have and make money anyway. This shows real interest in your customers.
This is a really cool idea! However, the issue with most provably fair systems -- is that you can only verify your own bets but not someone elses. A casino can just outright lie and there's no way for an independent party to know.
So one possible idea, would be that the Crypto Gambling Foundation runs an "seed server" for each casino. Basically like the provably fair of bustadice.com ( https://gist.github.com/RHavar/285c295f7906e03369cd66580a1b5f45 ) which allows an independent party to verify the games. So it could be run by the Crypto Gambling Foundation.
But even then, there can still ambiguities. Like person says "I didn't request that withdrawal" and the casino is like "yeah you did".
The only way I can see to avoid that too, is just pure on-chain gambling games. (Like when I made pevpot: It was provably fair, non-repudiatable and immune to miners tampering. However, like most on-chain games it kind of sucked and people didn't actually like playing it).
Maybe somebody could be the first to leverage the just-released testnet of RSK to create Bitcoin smart contract gambling (https://www.rsk.co/)
We've been exploring RSK smart contracts for use in a new stake.com multiplayer game.
I would like to say that this is getting good! The crypto gambling foundation is getting traction, I saw that the logo of CGF was used on bustadice. Good to see that some gambling sites are support this movement. Maybe one day CGF would be a centralized body that would not really control the gambling industry but more of just to enforce fair play with everybody.
Jump to: