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Topic: What are you think about my gambling related idea? - page 2. (Read 880 times)

hero member
Activity: 2254
Merit: 870
I doubt casino lies when they say that they have 1% housr edge because this isn't really such thing to lie. But what's about provably fair, I can agree you. Also there was tagged one owner because of fake provably fair system. Slots and etc things are out of provably fair, they are programmed for profit, not for fair decisions.
P.S idea is good..
sr. member
Activity: 618
Merit: 253
Just.bet - Decentralized On-chain Casino
Prediction:

I know that there are a lot of people who have not technical knowledge enough to test how is provably fair working in his online casino by himself (most of popular bitcoin gambling sites have too complicated provably fair schemes especially in slots etc.). And main thing is not to check hashes like think most of people BUT to understand how then is result calculating basis on hashes. I remember one gambling site with true working provably fair but it had not any relation with results getting Cheesy So it was fake provably fair which just generating hashes for every game and nothing more. Also it is very boring to check your results time to time (as casinos can manipulate with your results easily if you will trust their own checkers).

Additionally You need to have some math and logic skills to calculate house edge for every game yourself. As when casino says "we have 1% house edge" in most of times it is just words.

My idea:

I am going to create a fully independent topic (and maybe youtube channel) when I will post my own reviews on how is provably fair really working in most of popular casinos + how much is their real house edge.

I have some skills in web development (also gambling related) and I have a diploma of computer science. So I can do that. I will do it of course for free but maybe in future I will create donation btc address that do not spend my own assets on testing.

If you liked or disliked my idea then post here your opinion.

Thanks  Smiley

No need to tell us if it's good idea or not. A good output must be shown before it was being asked.

Just showed what you got since it will be useful for non technical and lack of knowledge about that users like me. Im curious about the hidden thing behind "we have a 1% house edge" or even at 0.5. Let's see if you cracked something undoubtful in their system. Thanks in advanced.
copper member
Activity: 1050
Merit: 500
Your Idea will definitely needed by newbie and good as reference in comparing Casino online sites.  This will help us validate if the site is actually using a provably fair game software and if they are actually stating the right info about their house edge.  And since you are giving effort to this idea, I think it is fine to add a BTC donation address right  from the start.
sr. member
Activity: 296
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Well about the websites not being provably fair for all the newbies I would just recommend to stay out from the websites that don't have too big of a reputation and all their problems will be solved. There's no need to check every single bet to see if it's provably fair or not. Though I would be curious to see how you will deny the house edges of some websites because it is usually true. Can't say don't create it, if you really want to do it and believe in it then do it, I'll be curious to check it out when it is up.
hero member
Activity: 1358
Merit: 622
Maintain Social Distance, Stay safe.
This idea can be help a lot for those people who don't have any programming skills or even how to know if the site are really provably fair..
Hoping that you can test every well-known site like a game from crypto-games and dice game in yolodice..
And i think if you found how to know if the site is actually generating house edge automatically the 1% house edge is just a words like you said..
Hoping your idea will help a lot for newbies and other gamblers who gamble in the other parts.. of any casino..
legendary
Activity: 966
Merit: 1006
Even though I have voted I don't need it, many newbie may find your reviews/guides helpful. Posting videos on youtube would be nice, also it will be quite easier for newbies to understand the logic behind probably fair games/casino if it is presented in the form of visual guide. Hope you will come up with some nice guides/reviews.
sr. member
Activity: 616
Merit: 263
Prediction:

I know that there are a lot of people who have not technical knowledge enough to test how is provably fair working in his online casino by himself (most of popular bitcoin gambling sites have too complicated provably fair schemes especially in slots etc.). And main thing is not to check hashes like think most of people BUT to understand how then is result calculating basis on hashes. I remember one gambling site with true working provably fair but it had not any relation with results getting Cheesy So it was fake provably fair which just generating hashes for every game and nothing more. Also it is very boring to check your results time to time (as casinos can manipulate with your results easily if you will trust their own checkers).

Additionally You need to have some math and logic skills to calculate house edge for every game yourself. As when casino says "we have 1% house edge" in most of times it is just words.

My idea:

I am going to create a fully independent topic (and maybe youtube channel) when I will post my own reviews on how is provably fair really working in most of popular casinos + how much is their real house edge.

I have some skills in web development (also gambling related) and I have a diploma of computer science. So I can do that. I will do it of course for free but maybe in future I will create donation btc address that do not spend my own assets on testing.

If you liked or disliked my idea then post here your opinion.

Thanks  Smiley
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