Bitcoin Forum

Economy => Scam Accusations => Topic started by: provablyfair0 on February 28, 2018, 10:32:27 PM



Title: ''provably fair''
Post by: provablyfair0 on February 28, 2018, 10:32:27 PM
Am i the only one who'se smart enough to understand this bull was made up by gambling sites, where's the actual proof of rolls not being rigged and 100% legitimate? are we supposed to trust the gambling sites words about how rolls cannot be rigged, of cousr they can? if not prove me wrong


Title: Re: ''provably fair''
Post by: silent2 on March 01, 2018, 12:23:04 PM
I agree with you, in principle, experience will never be superfluous, even at the cost of monetary losses!


Title: Re: ''provably fair''
Post by: funsponge on March 01, 2018, 06:14:36 PM
The name "Provably fair" means it's already been publicly disclosed that their code is fair and therefore proved that it is fair. Now I'm now sure how this is checked and how we can assure that their code hasn't changed since releasing this information but thats why I would only ever recommend gambling on registered companies or sites like stake.com


Title: Re: ''provably fair''
Post by: TwitchySeal on March 01, 2018, 11:21:38 PM
Am i the only one who'se not smart enough to understand this. bull was made up by gambling sites.
FYP

And no, you're not the only one.


Title: Re: ''provably fair''
Post by: HCP on March 02, 2018, 07:51:26 AM
Am i the only one who'se smart enough to understand this bull was made up by gambling sites, where's the actual proof of rolls not being rigged and 100% legitimate? are we supposed to trust the gambling sites words about how rolls cannot be rigged, of cousr they can? if not prove me wrong
You don't have to trust the gambling sites word... you just have to trust in Cryptography (and, to a certain extent, understand it). If you don't trust the cryptography behind "Provably Fair", then you shouldn't be trusting cryptocurrency either, as they generally use similar algorithms (SHA256, SHA512 etc).

Plenty of people have made claims that gambling sites are "rigging" rolls and provably fair is "bull"... However, I'm not currently aware of any instance of a (properly and fairly implemented[1]) "Provably Fair" system having been shown to be rigged. The sites simply can't cheat the math... much like the players can't when they're playing against odds skewed in favour of the house (House Edge). :P


[1] There were accusations levelled at one particular site that involved having to click a button to show the server seed etc... which is a flawed design as it could potentially be used to allow the site to know if the user was checking the seed or not and therefore only "rig" rolls when the user hadn't click the button and could not check the fairness of the roll.


Title: Re: ''provably fair''
Post by: TheQuin on March 02, 2018, 08:28:38 AM
Am i the only one who'se smart enough to understand this bull was made up by gambling sites, where's the actual proof of rolls not being rigged and 100% legitimate? are we supposed to trust the gambling sites words about how rolls cannot be rigged, of cousr they can? if not prove me wrong
You don't have to trust the gambling sites word... you just have to trust in Cryptography (and, to a certain extent, understand it). If you don't trust the cryptography behind "Provably Fair", then you shouldn't be trusting cryptocurrency either, as they generally use similar algorithms (SHA256, SHA512 etc).

Plenty of people have made claims that gambling sites are "rigging" rolls and provably fair is "bull"... However, I'm not currently aware of any instance of a (properly and fairly implemented[1]) "Provably Fair" system having been shown to be rigged. The sites simply can't cheat the math... much like the players can't when they're playing against odds skewed in favour of the house (House Edge). :P


[1] There were accusations levelled at one particular site that involved having to click a button to show the server seed etc... which is a flawed design as it could potentially be used to allow the site to know if the user was checking the seed or not and therefore only "rig" rolls when the user hadn't click the button and could not check the fairness of the roll.

The whole point of "Provably Fair" is that YOU can prove it to YOURSELF.

As you just pointed out it is possible to have a flawed design where it doesn't really allow you to prove it. But that will always be spotted very quickly when some of the customers of these gambling sites are experts in cryptography.