Bitcoin Forum

Economy => Gambling => Topic started by: Vortuarackne on February 18, 2014, 07:10:14 PM



Title: How does a site become "Provably Fair" approved?
Post by: Vortuarackne on February 18, 2014, 07:10:14 PM
Hello everyone, I've just advertised my new site (https://bitcointalk.org/index.php?topic=473217.0) and within the gambling section I have seen a lot of talk about "Provably Fair".

As such, I have checked their site, and the majority of the links appear to be broke (fail), so would like to know if anyone on here knows how I can contact that about become approved? Are they members of this forum?

Thanks!


Title: Re: How does a site become "Provably Fair" approved?
Post by: btcton on February 18, 2014, 09:08:55 PM
Provably fair isn't a company or a service given by anyone, it is just a specification for websites. You don't need to contact anyone, all you need to do is make a way for bets to be proven to be fair after the result is shown. It is just to make sure it isn't rigged.


Title: Re: How does a site become "Provably Fair" approved?
Post by: quone17 on February 18, 2014, 09:34:36 PM
Frankly I think some websites make it up themselves.  Some of them think if they show you some stuff on the blockcahin then they are "provably fair."  You need to ask them what they mean, there is not one entity that gives them that signification.


Title: Re: How does a site become "Provably Fair" approved?
Post by: zolace on February 18, 2014, 10:08:13 PM
does  P V P site need to show there provably fair lol?


Title: Re: How does a site become "Provably Fair" approved?
Post by: apsvinet on February 19, 2014, 12:49:56 AM
Anyone can call their game "provably fair".
You can't take for granted that the site IS actually fair and the games aren't
rigged based only on that. Therefore I personally would only ever use a well
established gambling site with tons of payment proof,that lists their bigger
winners with links to the transactions etc. Tons of scammers out there,
literally millions of them, be aware.


Title: Re: How does a site become "Provably Fair" approved?
Post by: zolace on February 19, 2014, 12:55:02 AM
Anyone can call their game "provably fair".
You can't take for granted that the site IS actually fair and the games aren't
rigged based only on that. Therefore I personally would only ever use a well
established gambling site with tons of payment proof,that lists their bigger
winners with links to the transactions etc. Tons of scammers out there,
literally millions of them, be aware.

yeah but just cause they send money to people, also dont mean there legit as well.  They might take from people who are not well known in the community, am i right?


Title: Re: How does a site become "Provably Fair" approved?
Post by: apsvinet on February 19, 2014, 01:07:20 AM
Anyone can call their game "provably fair".
You can't take for granted that the site IS actually fair and the games aren't
rigged based only on that. Therefore I personally would only ever use a well
established gambling site with tons of payment proof,that lists their bigger
winners with links to the transactions etc. Tons of scammers out there,
literally millions of them, be aware.

yeah but just cause they send money to people, also dont mean there legit as well.  They might take from people who are not well known in the community, am i right?
Of course that's a possibility, whereas I mentioned "well established" sites. This basically means the biggest gambling sites,
that advertise via forum signatures, pay their workers etc, like bit777 / primedice just to mention 2. You can almost be a 100%
sure those sites wouldn't wanna risk their reputation just to scam 1 person while their business is already running fine.
As long as they have customers, a good reputation and lots of visitors they always make profit, way more profit than they would
from scamming people. However, a newly made site that offers gambling etc with a low amount of visitors will benefit most from
scamming you, therefore the risk of being scammed is increased severely.

Tl;dr use established gambling sites that have no use of scamming you whatsoever.
If there's money to make, people will do it.


Title: Re: How does a site become "Provably Fair" approved?
Post by: zolace on February 19, 2014, 01:12:31 AM
I seen many sites with a trusted community took years to find out there were scams all along, just to let you know. 


Title: Re: How does a site become "Provably Fair" approved?
Post by: apsvinet on February 22, 2014, 04:00:17 AM
I seen many sites with a trusted community took years to find out there were scams all along, just to let you know. 
Well well, no trust - no gain :)