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Author Topic: Provably Fair Technology  (Read 747 times)
bornil267645 (OP)
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June 02, 2015, 07:47:49 PM
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Can someone give a complete introduction to Provably Fair Technology and How It Relates To Gambling.

[ Link to any articles? ]

neurotypical
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June 02, 2015, 10:39:45 PM
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Can someone give a complete introduction to Provably Fair Technology and How It Relates To Gambling.

[ Link to any articles? ]

Lots of comments and links here and it's on a Bitcoin context:

https://bitcoin.stackexchange.com/questions/4869/which-bitcoin-powered-gambling-sites-are-provably-fair
jeannemadrigal2
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June 04, 2015, 07:18:27 AM
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Can someone give a complete introduction to Provably Fair Technology and How It Relates To Gambling.

[ Link to any articles? ]

Also different sites use slightly different ways of implementing provably fair.  Some sites like 999dice have come under fire for having suspicious systems.  There is an overview here of some gambling sites.  I have nothing to do with that thread so I can not vouch for its accuracy.  I would always check the thread on these forums for any site before you gamble there.  Usually people are pretty vocal in those threads about how legit the site is.  Not that they are trustworthy but you can get an idea sometimes.  And always play safe, don't lose more than you budget for.  Its all fun and games until you have to get a second job to pay the rent.
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June 04, 2015, 07:46:37 AM
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It basically uses a nonce technology. This technology allows the dice site to provably simulate random numbers for your bet.

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June 04, 2015, 09:12:13 AM
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the most easy way to fool people is saying like 99% fair..i have even heard of sites saying like 99.9% fair..WTF
Bitcoin gambling presents gamers with a number of unique attractions. Among those benefits is a movement known as provably fair games.

link to article you may find intresting

http://coinbet.com/news/many-bitcoin-casinos-declare-to-be-provably-fair-74

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June 04, 2015, 01:14:53 PM
 #6

I made an article/page that should make it easy for anyone to learn the basics of the provably fair mechanism:

Quote
Players always fear to be cheated on an online casino. This is understandable because it is technically very easy for an online casino to just make you lose. In the Bitcoin gambling community we have a solution for this called "provably fair". Provably fair is a tool that enables you (the player) to verify each roll result and make sure you are not being cheated!

Read more at http://dicesites.com/provably-fair

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