Topic: Provably Fair vs. Independent Auditing - page 3. (Read 2887 times)
Dear lord, thorough research is not reading paid articles or copy & paste from reddit and other dumb sources. Come back when you actually understand the concept, till there feel free to get scammed by bitwincasino and others providing what you are after.
I am an avid gambler and have done thorough research on "provably fair" casinos and it seems that every article I read affirming it there are just as many articles describing how provably fair isn't necessary provably fair. Here is one of the articles: http://coinbits.com/2013/06/06/provably-fair-by-bitzino-not-provable-with-proof-of-concepts/
Many of the traditional casinos I play on have independent auditing services frequently reviewing and certifying their games. Also, these websites license their games from larger companies and thus do not even have the ability to manipulate the games, whereas the "provably fair" casinos have full control over the game. I am not saying that any of the "provable fair" casinos are cheating anybody, but is the bitcoin community over relying on the provably fair concept? After reading the above article it is easy to see that the provably fair casinos can be manipulated, yet those with games licensed from larger, reputable companies can't be manipulated in anyway by the Licensor. Just my thoughts.
Either way, I perform just as well with the traditional online casinos and find my winnings / performance to be the same and experience better. Therefore, I guess if it makes people feel better that is a good thing. Or is it?
Many of the traditional casinos I play on have independent auditing services frequently reviewing and certifying their games. Also, these websites license their games from larger companies and thus do not even have the ability to manipulate the games, whereas the "provably fair" casinos have full control over the game. I am not saying that any of the "provable fair" casinos are cheating anybody, but is the bitcoin community over relying on the provably fair concept? After reading the above article it is easy to see that the provably fair casinos can be manipulated, yet those with games licensed from larger, reputable companies can't be manipulated in anyway by the Licensor. Just my thoughts.
Either way, I perform just as well with the traditional online casinos and find my winnings / performance to be the same and experience better. Therefore, I guess if it makes people feel better that is a good thing. Or is it?
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