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Topic: Probably fair casino (Read 140 times)

full member
Activity: 2128
Merit: 180
August 15, 2021, 04:58:14 PM
#20
The best thing here in blockchain technology is that, you can confirm if the gambling site is fair by looking at the hash, I’m not sure though if its available on every gambling site but if that site claims to be fair, then it should be on their system.

Seriously, I don’t mind looking for this one because I gamble on the top site and I’m confident that someone already work on this to compare the fairness and since there’s no accusation, then I’m ok with that.
hero member
Activity: 2828
Merit: 518
August 15, 2021, 04:27:56 PM
#19
Provably fair usually refers to the dice casinos where you can check the hash of your bet on AWS. Freebitco.in has a system like that If I remember right.

Other than that it doesn't make much sense to use that term. A sports casino either pays or does not pay because the casino cannot affect the outcome of those games. (basketball, football etc) The dice casinos can cheat on their games that's why they feel the need to prove their fairness.

And usually, they have the system installed in the platform to verify the outcome of your bets. it's a requirement for sites like dice sites, so just learn how to use it and you will not doubt the outcome, but aside from understanding provably fair, you also need to understand the house edge which usually ranges from 0.5% to 1% per roll.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 15, 2021, 04:19:14 PM
#18
you can read all the information about the meaning of provably fair - https://en.wikipedia.org/wiki/Provably_fair_algorithm

Most casinos are provably fair, anyone can verify that, and as long as they have operated already for years, you can assume that they are reputable, otherwise they will not gain the attraction of the gamblers. However, we have to understand that not because they are provably fair doesn't mean our chance to win is 50/50, no they still have the house edge so they'll win in the long run.
legendary
Activity: 3276
Merit: 2442
August 15, 2021, 04:13:33 PM
#17
Provably fair usually refers to the dice casinos where you can check the hash of your bet on AWS. Freebitco.in has a system like that If I remember right.

Other than that it doesn't make much sense to use that term. A sports casino either pays or does not pay because the casino cannot affect the outcome of those games. (basketball, football etc) The dice casinos can cheat on their games that's why they feel the need to prove their fairness.
legendary
Activity: 3752
Merit: 1415
August 15, 2021, 04:11:09 PM
#16
one of the most sort after gambling indicators is a site with an effective probably fair system where gamblers will have the best of bet booking and winning and payout system that has a transparent system and bet history for possible for settlement of the dispute at the cost of using the site.

Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?

Fair system is clear cut and dry.  So long as one can check the code within the dice, casino, etc then it's probably fair.  When there is a closed system or the code is proprietary then I always assume the worse and assume it's a scam in one way or another.  Poker is one of the worst.  Whether it's collusion or some players get to magically see all of the other players cards, it's usually unfair.
legendary
Activity: 2604
Merit: 2353
August 15, 2021, 04:04:53 PM
#15
To be provably fair it has to be provable and any of its members can verify it. There is no probably fair casinos those are probably scams every online gambling website that is successful is provably fair.

the question is where you put the emphasis on the term honest. If the games are fair, but a casino does not pay out, then you are still dealing with an unfair casino, while the technology and game technically are put together correctly. It is a combination of both for the total understanding of honesty.
You're right BTCGOLD if the casino doesn't pay your winnings or doesn't let you withdraw your funds then its provably fair feature won't protect you as a player. Moreover if the game is provably fair but the user doesn't change its seed, the house can use non random server seeds and patterns.
legendary
Activity: 2338
Merit: 1124
August 15, 2021, 02:22:25 PM
#14
one of the most sort after gambling indicators is a site with an effective probably fair system where gamblers will have the best of bet booking and winning and payout system that has a transparent system and bet history for possible for settlement of the dispute at the cost of using the site.

Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?
Being transparent is different and being provably fair is different. I guess you must take time to get more knowledge on provably fair mechanism and how crypto gambling houses are making use of it. Moreover, provably fair thing is for those games which are based on random number generations and definitely not for sportsbetting kind of things. You can find detailed explanation on provably fair mechanism here in this forum itself.


You must need to edit your subject-line to spell out provably fair correctly. It is a common mistake among new gamblers and that is the reason most people are recognizing your question easily even your terms are referring something different one literally.
sr. member
Activity: 958
Merit: 256
Betking.io - Best Bitcoin Casino
August 15, 2021, 02:15:09 PM
#13
To be provably fair it has to be provable and any of its members can verify it. There is no probably fair casinos those are probably scams every online gambling website that is successful is provably fair.

the question is where you put the emphasis on the term honest. If the games are fair, but a casino does not pay out, then you are still dealing with an unfair casino, while the technology and game technically are put together correctly. It is a combination of both for the total understanding of honesty.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
August 15, 2021, 01:35:17 PM
#12
one of the most sort after gambling indicators is a site with an effective probably fair system where gamblers will have the best of bet booking and winning and payout system that has a transparent system and bet history for possible for settlement of the dispute at the cost of using the site.

Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?
Basically I do think this does depend on your experience and your history with the particular site. At the end of the day I do think that gambling sites should provide, good odds and I understand the fact that house always wins in the long run but at the end of the day, I do think that there are sites which are oriented towards the people and the connection they make with them, so I do believe that works perfectly well since in my opinion these sites are more trustable and fair at instances..A good customer service is also a nice indicator.. other than that you can always check it the usual way they normally have a whole section dedicated to their games and system, which is usually an important part.
Whenever there are new sites then i do mostly try with small amounts and  mainly checking out about its fairness because you can eventually notice that it isnt fair when you do make bets and experience for yourself.

Most of the  time i do just wait up for community feedbacks and recommendations because  this is on where you do able to tell if the site is good fair  basing on community feedbacks.

Doesnt matter if its a sportsbook  or casino site because fairness does really always the main in concern.
hero member
Activity: 1890
Merit: 831
August 15, 2021, 12:57:45 PM
#11
one of the most sort after gambling indicators is a site with an effective probably fair system where gamblers will have the best of bet booking and winning and payout system that has a transparent system and bet history for possible for settlement of the dispute at the cost of using the site.

Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?
Basically I do think this does depend on your experience and your history with the particular site. At the end of the day I do think that gambling sites should provide, good odds and I understand the fact that house always wins in the long run but at the end of the day, I do think that there are sites which are oriented towards the people and the connection they make with them, so I do believe that works perfectly well since in my opinion these sites are more trustable and fair at instances..A good customer service is also a nice indicator.. other than that you can always check it the usual way they normally have a whole section dedicated to their games and system, which is usually an important part.
legendary
Activity: 2688
Merit: 1192
August 15, 2021, 12:02:20 PM
#10
one of the most sort after gambling indicators is a site with an effective probably fair system where gamblers will have the best of bet booking and winning and payout system that has a transparent system and bet history for possible for settlement of the dispute at the cost of using the site.

Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?

Provably fair generally refers to none of the things that you have mentioned. It is almost always about guaranteeing the random number generation is not being manipulated to give the casino an unfair advantage and the ability to rig games beyond the defined win percentage. There are ways that have been established for an external party to be sure that the numbers being generated and it may involve a "seed" number which is defined by the player themselves. Beyond that, you can only rely on (sometimes faked or overly biased) reviews that you can find from previous players around the internet - but you'll never be able to rely on those entirely as people have different experiences. Generally in the gambling world a lot of people leave bad reviews and have little incentive to leave positive reviews, so maybe consider it suspicious if you find way too many positives.
sr. member
Activity: 2268
Merit: 275
August 15, 2021, 11:47:19 AM
#9
When it comes to fair gambling casinos or not, sometimes we have different perspectives on one casino name. For example, my friend and I are gambling on one of the gambling sites A, I feel that the casino is fair and has given me some winnings, but things are different with my friend, even though at the same casino he thinks casino A is very unfair he has lost a lot in his bets.
So, with such an analogy, what do we need to respond to as judges? fair or not? Isn't it very troublesome? It is clear that the system in casinos will of course vary. And I don't think that's a problem as long as we can still be comfortable gambling, as long as we know what sites most people use.
hero member
Activity: 2954
Merit: 796
August 15, 2021, 11:42:11 AM
#8
Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?

In a gambling casino, I don't think I really know how fair the characteristics are. They are in business, so there is no system that is completely fair, they need profits, of course, they have to reduce the fairness, and they also need a lot of users to be balanced. To me, it's all based on the point of view of the gambling site running the casino.

A trusted and well-known casino will never adjust fairness because it will tarnish there reputation. They already have good profit on house edge and also to those addicted gambler that always lose due to human error. I understand that they are business entity but they have the edge on every game because of there huge bank roll against the players. In theory, You can't beat the house that larger bank roll if you play for a long time because house edge will players bank roll slowly.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
August 15, 2021, 11:42:04 AM
#7
Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?

In a gambling casino, I don't think I really know how fair the characteristics are. They are in business, so there is no system that is completely fair, they need profits, of course, they have to reduce the fairness, and they also need a lot of users to be balanced. To me, it's all based on the point of view of the gambling site running the casino.
Whenever you do encounter some new gambling sites then you would definitely had first the doubt in terms of its fairness but eventually you can really look for yourself or check it out if you are really in doubt.
Most of the time you would really be sticking out on gambling sites which do have lots of users which you can presume that it is already a provably fair website.I dont see for those making it lessen or putting
up some advantage versus the players because once caught then they would really be just tainting the reputation that they are trying to build. It isnt really that worth to consider on doing.
Verifying literally is something that cant be done by most thats why their main indicator is on seeing if the site is having lots of players or none.
hero member
Activity: 3038
Merit: 617
August 15, 2021, 11:31:20 AM
#6
The more gamblers are trusting the casino I guess we can say it's providing fair results. It will be contested by a few but there are ways to check the fairness thru the hash and randomness of the server seed but its gonna bet technical that for a gambler like me who just want to bet and walk away if I got lucky I could just check with 3rd party checker that I could find in google.

Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?

There are casinos that provides the result as random as it could be through utilizing blockchain. Rather than using the RNG and three-seed systems to provide provably fair results, some casinos use the blocks containing confirmed transactions as the result of games.
sr. member
Activity: 784
Merit: 252
August 15, 2021, 11:06:11 AM
#5
regarding fair gambling sites it depends on how the system is implemented, but so far for me fair rules in gambling sites are relative and as long as we can play, sometimes win, sometimes lose means the casino is effectively used for gambling. As for example, gambling that deliberately cheats for the benefit of the casino and does not provide bad service at all, has already withdrawn profits, even cheated with all its tricks, you need to avoid it.
legendary
Activity: 3346
Merit: 3125
August 15, 2021, 10:57:00 AM
#4
What is then probably a fair system in your understanding?

A probably fair system is a way for the users to be sure that his next bet will be not rigged. For this kind of systems the house gives a secret and the user gives a seed, this way the bet result comes from both sides and no one can predict the next roll.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 15, 2021, 10:26:09 AM
#3
Well, for me, as long as they do not cheat on the gamblers, that will be provably fair. Where do we know that they do not cheat? Maybe that can show by how they treat their gamblers and how they manage their site. I do not think much about the game itself, as I believe that if the site says that they are provably fair, they will not even try to cheat their gamblers.

But gamblers have another reason they select that site because they always verify the system or use the other way to check if the site can be trusted for them to spend their money and feel safe while they gamble on that site.
legendary
Activity: 1904
Merit: 1563
August 15, 2021, 06:50:41 AM
#2
What you're asking for is the ability to double-check your bet at any online casino you're using. Most people may overlook the requirement to test the randomness of the casino they are using, which could result in a large sum of money being stolen simply because their system is rigged.

That it why is extremely important to have this tool in order to save a lot of time and effort in determining whether or not a casino is rigged and proving that they are attempting to defraud their customers. The best practice is to copy the server seed's hash and use a random client seed that you've created while using a separate bet verifier to ensure that the system is'nt trying to cheat on you.

Don't trust, verify.


Another thread that might interest you.
- https://bitcointalksearch.org/topic/do-you-verify-every-bet-as-a-gambler-provably-fair-guide-5227525
member
Activity: 336
Merit: 16
August 15, 2021, 05:55:17 AM
#1
one of the most sort after gambling indicators is a site with an effective probably fair system where gamblers will have the best of bet booking and winning and payout system that has a transparent system and bet history for possible for settlement of the dispute at the cost of using the site.

Aside from this, there are some other characteristics. What is then probably a fair system in your understanding?
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