The concept of the foundation and its efforts to legitimise and clean up the murky crypto-gambling world is to be applauded but how can a foundation that was founded and run by two leading provably fair casino's be considered to be impartial? A true foundation would have an impartial board of trustees who are transparent in their affiliations (and not two in-house people that vet companies based on their own values) as well as a trustee that independently represents the consumer. For all the best intentions in the world this is not how this such be approached. Perhaps if the founders could pass this on to more impartial individuals it would be better but atm this is basically a PR exercise for those casino's.
If they really wanted to push this further they would publish a white paper outlining what should be considered to be fair industry standards and liaise with the community and brands to establish this independently and transparently. This could then act as a Trustpilot type scheme for brands to sign up to.
Topic: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All - page 24. (Read 25533 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.
I think "verifiable fairness", is the most descriptive. But the term "provably fair" is so well established that I don't think there's much upside in rebranding it.
Yeah, it has been thrown around in almost every casino I've been since I started gambling with cryptocurrencies. However, I would agree with oracleongoodbye here (though not about the word "provably" since I can't really find any truth that it is not a word because from a quick google search it almost always comes up in dictionaries that it is an adverb of the word "prove"). I agree with the part about renaming it because exactly of the fact that it has been thrown around too much and has not been taken seriously by casinos.
Probably, the best thing to do is the CGF should create it's own branding that would specifically say that it has been reviewed by CGF and that brand means like a certified seal of authenticity of sorts. Then this should be verifiable as well in the CGF website probably through a list of casinos that CGF has given its seal of approval.
I think 'provably' is slightly confusing because it looks and sounds too similar to 'probably' (which isn't good) and people are often not sure how it's even pronounced. It's obviously pronounced 'proove-ably' but I often hear people say it as prov-ably which just leads to confusion (because what the hell is prov-ably?
).https://en.oxforddictionaries.com/definition/provably
I think a rebranding would be helpful but you could just start referring to it as provably fair / true fairness or verifiably fair etc and see if one of them catches on along with provably or if its use even surpasses that of provably. If this foundation pushes one of them I soon think the phrase would catch on and could become a mark of quality/trust.
Provably is was likely coined to make full use of the "prove" word, maybe. Can really say for sure. Most of the links I found on google just related it to the word "prove", I can't really find any real reference to it being an actual word though.
I would still push for the CGF to have its own brand or seal of approval. I believe this is a revolutionary move for the gambling industry and we should move away from the past so we can move to a better future for gambling. And having a rebranded way of marking a website as truly fair, is something, which I believe, is mandatory. Imagine that you can go to a gambling site and truly trust the seals you see on the website. Unlike what we see right now, that every gambling site throws the "provably fair" seal around like it's nothing.
I hope to hear from the lead members of CGF to be honest, and know their opinion on it.
Every site that has been reviewed and aproved by CGF has the seal in their footer.
Oh cool, I just realized when you said there was such a seal. Then I got really no other complains about the seal.
However, from the other thread I've replied to, I would like now to push for CGF to disclose who the members of the committee that reviews the gambling sites. It is paramount importance for people to know who really are the people that are reviewing these sites. Because if CGF really gets traction and it becomes a trusted review agency, we should really know how the process of review goes and who reviews it. Because if CGF is controlled by just one casino then they will have a control over the industry since they can approve or deny any casino at their will just to eliminate competition.
I'm deeply interested in this project and I do hope it succeeds. Even if this is a centralized entity, it is still good since gamblers trust their crypto to gambling sites and someone should protect the gamblers.
I think provably fair should be renamed to something like "True Fairness" or "Verify Fairness". Provably is barely even a word in my opinion.
I think "verifiable fairness", is the most descriptive. But the term "provably fair" is so well established that I don't think there's much upside in rebranding it.
Yeah, it has been thrown around in almost every casino I've been since I started gambling with cryptocurrencies. However, I would agree with oracleongoodbye here (though not about the word "provably" since I can't really find any truth that it is not a word because from a quick google search it almost always comes up in dictionaries that it is an adverb of the word "prove"). I agree with the part about renaming it because exactly of the fact that it has been thrown around too much and has not been taken seriously by casinos.
Probably, the best thing to do is the CGF should create it's own branding that would specifically say that it has been reviewed by CGF and that brand means like a certified seal of authenticity of sorts. Then this should be verifiable as well in the CGF website probably through a list of casinos that CGF has given its seal of approval.
I think 'provably' is slightly confusing because it looks and sounds too similar to 'probably' (which isn't good) and people are often not sure how it's even pronounced. It's obviously pronounced 'proove-ably' but I often hear people say it as prov-ably which just leads to confusion (because what the hell is prov-ably?
).https://en.oxforddictionaries.com/definition/provably
I think a rebranding would be helpful but you could just start referring to it as provably fair / true fairness or verifiably fair etc and see if one of them catches on along with provably or if its use even surpasses that of provably. If this foundation pushes one of them I soon think the phrase would catch on and could become a mark of quality/trust.
Provably is was likely coined to make full use of the "prove" word, maybe. Can really say for sure. Most of the links I found on google just related it to the word "prove", I can't really find any real reference to it being an actual word though.
I would still push for the CGF to have its own brand or seal of approval. I believe this is a revolutionary move for the gambling industry and we should move away from the past so we can move to a better future for gambling. And having a rebranded way of marking a website as truly fair, is something, which I believe, is mandatory. Imagine that you can go to a gambling site and truly trust the seals you see on the website. Unlike what we see right now, that every gambling site throws the "provably fair" seal around like it's nothing.
I hope to hear from the lead members of CGF to be honest, and know their opinion on it.
Every site that has been reviewed and aproved by CGF has the seal in their footer.
I think provably fair should be renamed to something like "True Fairness" or "Verify Fairness". Provably is barely even a word in my opinion.
I think "verifiable fairness", is the most descriptive. But the term "provably fair" is so well established that I don't think there's much upside in rebranding it.
Yeah, it has been thrown around in almost every casino I've been since I started gambling with cryptocurrencies. However, I would agree with oracleongoodbye here (though not about the word "provably" since I can't really find any truth that it is not a word because from a quick google search it almost always comes up in dictionaries that it is an adverb of the word "prove"). I agree with the part about renaming it because exactly of the fact that it has been thrown around too much and has not been taken seriously by casinos.
Probably, the best thing to do is the CGF should create it's own branding that would specifically say that it has been reviewed by CGF and that brand means like a certified seal of authenticity of sorts. Then this should be verifiable as well in the CGF website probably through a list of casinos that CGF has given its seal of approval.
I think 'provably' is slightly confusing because it looks and sounds too similar to 'probably' (which isn't good) and people are often not sure how it's even pronounced. It's obviously pronounced 'proove-ably' but I often hear people say it as prov-ably which just leads to confusion (because what the hell is prov-ably?
).https://en.oxforddictionaries.com/definition/provably
I think a rebranding would be helpful but you could just start referring to it as provably fair / true fairness or verifiably fair etc and see if one of them catches on along with provably or if its use even surpasses that of provably. If this foundation pushes one of them I soon think the phrase would catch on and could become a mark of quality/trust.
Provably is was likely coined to make full use of the "prove" word, maybe. Can really say for sure. Most of the links I found on google just related it to the word "prove", I can't really find any real reference to it being an actual word though.
I would still push for the CGF to have its own brand or seal of approval. I believe this is a revolutionary move for the gambling industry and we should move away from the past so we can move to a better future for gambling. And having a rebranded way of marking a website as truly fair, is something, which I believe, is mandatory. Imagine that you can go to a gambling site and truly trust the seals you see on the website. Unlike what we see right now, that every gambling site throws the "provably fair" seal around like it's nothing.
I hope to hear from the lead members of CGF to be honest, and know their opinion on it.
I think provably fair should be renamed to something like "True Fairness" or "Verify Fairness". Provably is barely even a word in my opinion.
I think "verifiable fairness", is the most descriptive. But the term "provably fair" is so well established that I don't think there's much upside in rebranding it.
Yeah, it has been thrown around in almost every casino I've been since I started gambling with cryptocurrencies. However, I would agree with oracleongoodbye here (though not about the word "provably" since I can't really find any truth that it is not a word because from a quick google search it almost always comes up in dictionaries that it is an adverb of the word "prove"). I agree with the part about renaming it because exactly of the fact that it has been thrown around too much and has not been taken seriously by casinos.
Probably, the best thing to do is the CGF should create it's own branding that would specifically say that it has been reviewed by CGF and that brand means like a certified seal of authenticity of sorts. Then this should be verifiable as well in the CGF website probably through a list of casinos that CGF has given its seal of approval.
I think 'provably' is slightly confusing because it looks and sounds too similar to 'probably' (which isn't good) and people are often not sure how it's even pronounced. It's obviously pronounced 'proove-ably' but I often hear people say it as prov-ably which just leads to confusion (because what the hell is prov-ably?
).https://en.oxforddictionaries.com/definition/provably
I think a rebranding would be helpful but you could just start referring to it as provably fair / true fairness or verifiably fair etc and see if one of them catches on along with provably or if its use even surpasses that of provably. If this foundation pushes one of them I soon think the phrase would catch on and could become a mark of quality/trust.
I think provably fair should be renamed to something like "True Fairness" or "Verify Fairness". Provably is barely even a word in my opinion.
I think "verifiable fairness", is the most descriptive. But the term "provably fair" is so well established that I don't think there's much upside in rebranding it.
Yeah, it has been thrown around in almost every casino I've been since I started gambling with cryptocurrencies. However, I would agree with oracleongoodbye here (though not about the word "provably" since I can't really find any truth that it is not a word because from a quick google search it almost always comes up in dictionaries that it is an adverb of the word "prove"). I agree with the part about renaming it because exactly of the fact that it has been thrown around too much and has not been taken seriously by casinos.
Probably, the best thing to do is the CGF should create it's own branding that would specifically say that it has been reviewed by CGF and that brand means like a certified seal of authenticity of sorts. Then this should be verifiable as well in the CGF website probably through a list of casinos that CGF has given its seal of approval.
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.
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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.
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