Topic: ⚡MEGA MINER!⚡new CRYPTO SCRATCH CARD⚡Instant wins up to 2 BTC⚡Prov. Fair⚡8BET.io - page 46. (Read 19277 times)

So those lotto are provably fair?

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8Bet’s provably fair model is based on the Bitcoin blockchain, and the entire process of drawing results is open and transparent, with open-source code that anyone can view and follow step by step to confirm that the results were entirely independent, random, and impossible to influence by any party.

The 8Bet Lottery results are generated as follows:

1.  At the start of the game (before any tickets are sold) a server seed is randomly generated by the server.

2. This server seed is then hashed using SHA256 and the seed hash is then published on the game for all to see. Because this hash is public from the start of the game, the original random server seed can not be modified in any way.

3. Players then buy tickets for the game until the time of the draw.

4. At the time of the draw, ticket buys are closed and the game waits for the next block to be mined on the Bitcoin blockchain. When this happens, the game takes the block hash from this next block.

5. The server seed and the block hash are then joined together and this concatenated server seed + block hash is hashed using SHA256. This hash is then used as the RNG seed for the random number generator.

6. The lottery results (6 lottery numbers) are then randomly generated by the well-known Mersenne Twister random number generator.

Using this method, anyone can follow the process through,  even using their own code to confirm that the results were indeed fair. And use of the Bitcoin blockchain as part of the RNG seed ensures that not even those who have access to 8Bet source code or servers could influence the result in any way – a truly independent and fair result every time.

Yes, everyone can claim it. But also it limited for everyone to 1 claim per a 14 days period..
 
They yet introduced games from another providers but the main concept of the site is their provably fair games.
 
There is also a free 6/49 lotto that roll every 12 hours.

Is this for everyone including new created accounts? I see that you have a variety of games in your website, are you planning to expand it more maybe using third party providers to have some live games and other table games so people would be more interested in your gambling site.

Hi again!

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You wrote that rollover is not a problem. In my opinion, in the case of 8bet.io it is a very big problem, because the information I found shows that to be eligible to withdraw winnings from free spins you need x40 wagering.
I don't know what your experience in casinos is, but as far as I can remember, I have never managed to make x40 wagering. x20 - x25 is a lot, but much more reasonable.

Can not cash out because there is a requirement (rollover) is not a problem. It might be a problem for you because you hope to make money from nothing but in fact free spins without deposit is not a way to make money. It is just a bonus for player to try the casino with no risk of losing money but at the same time there is also a chance to earn something once you complete the requirement.

Free spins is fun for players to try out a site. In the past, the problem was often that people could not cash out because there were still certain restrictions attached to it. If people have won money with their free spins, can they cash it out? That seems like a very good advertisement for the site.

My bad !

 Seems that is been possible to withdraw lower amounts from the promotions !

The standard minimum withdrawal is 2 mBTC, as it has been this way for many years.
Some promos will have different terms, so if the term is that the MAX withdrawal is less than 2 mBTC, the withdrawal minimum is dynamically reduced to match this (say it is 50 free spins, with a max withdrawal of 1 mBTC, then the minimum withdrawal for you will be 1 mBTC - of course it must be, as MAX cannot be less than MIN). This is all done magically by the system 🤯

Also, once you are a regular user after a while, the minimum can be reduced to less than 2 mBTC - this again is done automatically by the system based on each user deposit and bet activity.

So the minimum is NEVER more than 2 mBTC, but it can be less - always you are told what this is when you claim a promo, or in the withdrawal screen at any time.

 It's been a while that they automated withdrawals (for the major currencies anyway), for example for litecoin you get your withdrawal automatically, I think that's would be was the case if there was no his flaging for duplicates accounts!