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Author Topic: what is the fairest bitcoin betting game you know?  (Read 1734 times)
USSENT
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June 01, 2017, 05:34:31 AM
 #41

Just a point, Yes the house does try to win but the meaning of the provability fairness is that the host can't cheat, the odds of winning and losing are what is written there "that's how I understand it"
There are few PvP games around, but surprisingly don't gain allot of popularity, mainly because no one wants to wait for another player before the game starts hence prefer the dice/casino games allowing one to play directly with the gambling site.
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June 01, 2017, 07:49:50 AM
 #42

If you're talking about strictly fair, without anyone having to prove anything, then you want to consider betting exchanges and taking lay bets. Basically this just means you're betting against someone else. Your odds, your selections.

House-edge wise, 999 has the smallest dice house edge, crypto-games has a positive EV lotto and kingdice has a PVP betting game.

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June 01, 2017, 09:53:14 AM
 #43

Hey OP, if you are not ready to believe into provably fair system, I suggest some new altcoin project which is coming with edgeless gambling model. They are having their own specific altcoin for gambling purposes. We all need to buy that altcoin for gambling with them hence it will be possible for them to provide us gambling for zero house edge.

When there will be no house edge, I believe we do not need to suspect their fairness.
Knowing that theres no house edge is would really be a fair game since we wont be bothered that site/house is cheating on us on every bets but thats seems too impossible to consider knowing that gambling houses do really demand or set up houseedge because on this way they do make profits. We cant really remove on our minds that they might cheating on us on every play we make.

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June 01, 2017, 05:32:29 PM
 #44

The fairest one are those blockchain based games. Since no one really can predict it. Then there are those games that have only one result for the whole community of gamblers. People can just compare their results and have all the same result since there is only one.
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June 01, 2017, 05:43:10 PM
 #45

With bitcoin you can gambling only online. And after a line of nonstop loose I think there is no any fair place to gamble on the net. I usually play poker and this days I have a feeling like there is a site's bot on every table who has some silly cards and to whom always fell good card in the end or the color.
It's like when I have in hands like Ace and King and some one who replied on all my raising or raised himself has in hands Five and Nine - and it appear 4 cards which have no meaning for both of us and the last card will be Nine and he has a pair and I nothing...
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June 01, 2017, 06:15:57 PM
 #46

The fairest one are those blockchain based games. Since no one really can predict it. Then there are those games that have only one result for the whole community of gamblers. People can just compare their results and have all the same result since there is only one.

What do you mean by blockchain based games ? You mean bitcoin related games ?
Sports betting is the most fair one i think as other games like Dice etc has house-edge a determining factor for the fairness of the game.
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June 02, 2017, 03:48:04 AM
 #47

The fairest one are those blockchain based games. Since no one really can predict it. Then there are those games that have only one result for the whole community of gamblers. People can just compare their results and have all the same result since there is only one.

What do you mean by blockchain based games ? You mean bitcoin related games ?
Sports betting is the most fair one i think as other games like Dice etc has house-edge a determining factor for the fairness of the game.

In case you don't know, well looks like you don't, there are games that are based on the blockchain. This means that the results of the bet are based on the hash of the predetermined block. For example, you bet that block # 123123123 will have it's last hash with the letter "c" then you will win the bet. Quite frankly, there are a lot of this games.
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June 02, 2017, 04:14:38 AM
 #48

All gambling games are fair, no? There is a rule, players know about it and play at own risk. Fair deal for both parts, gamblers accept the terms even knowing they can lose on long term. I think there isn't any unfair gambling game...

 
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June 02, 2017, 04:54:02 AM
 #49

All gambling games are fair, no? There is a rule, players know about it and play at own risk. Fair deal for both parts, gamblers accept the terms even knowing they can lose on long term. I think there isn't any unfair gambling game...
Actually theres no unfair gambling games the only thing here that there are unfair gambling sites that do have this gambling games and as you said gamblers do accept the terms on every gambling site they do play which we cant really make a word or complaint later on when we are losing out our money because gambling is design on this way. Fairest gambling game is on peer to peer without the house which do give edges on each game.

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June 02, 2017, 04:59:08 AM
 #50

All gambling games are fair, no? There is a rule, players know about it and play at own risk. Fair deal for both parts, gamblers accept the terms even knowing they can lose on long term. I think there isn't any unfair gambling game...
Actually theres no unfair gambling games the only thing here that there are unfair gambling sites that do have this gambling games and as you said gamblers do accept the terms on every gambling site they do play which we cant really make a word or complaint later on when we are losing out our money because gambling is design on this way. Fairest gambling game is on peer to peer without the house which do give edges on each game.
Indeed everytime we play inside the house we are taking the risk and we accept the fact that a poosibility to lose are present as long as we continue playing we did believe that the site or house is fair unless we seen direct cheating coming from the site itself but its really have to find obvious cheating since gambling business was design to have an edge against its players.
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June 02, 2017, 05:28:24 AM
 #51

i know satoshi dice, and many other dice games uses sha256, traceable and provable fair.

but that's not important. the important thing is there is a banker in this game, the banker has a motivation to win, so no matter how hard he prove the result is fair, it's meaningless.

I think the fairest betting is palm up palm down, no banker, only players. 
No doubt that the gambling games are much simple in every gambling casino sites but here you should take care that the house edge factor is also playing a important role to decrease the chances of your win .
So instead of the casino where dice and teen pati or black jack like games happening .My suggestion is for everyone just look at least at the gambling in the sports games , I am sure that every person in this world has interest atleast in one game of the sports .
So if you have better experience in the gambling prediction then you can make earnings in the big amounts because all win and loss will depend upon your prediction .
Usually I am a gambler of the cloudbet.com and nitrogensports.eu where I can make gambling with my favourite game cricket .
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June 02, 2017, 05:37:39 AM
 #52

There is no fair in gambling. It all about take your own risk. And there is a rule and the players must know it. In bitcoin you can gambling online. Every spin might double your money or triple your money . But if you earn a lot then you should stop. Because winning is good in the feeling but if you know your losing, quit as much as you can.
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June 02, 2017, 06:27:36 AM
 #53

The fairest one are those blockchain based games. Since no one really can predict it. Then there are those games that have only one result for the whole community of gamblers. People can just compare their results and have all the same result since there is only one.
Yes you are right but there are not many blockchain based games available and few games we have right now can't provide enough excitement like others. Most of them use bitcoin blocks so they are slow and nobody wants to wait for 10 minutes+ or even a hour to place another bet.

Vdice.io is out there that is actually ETH smart contract based game and really fast, I really like them and may be we will see more games based on these smart contracts which will be fairer than usual probably fair games we have in normal bitcoin casino.
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June 02, 2017, 06:52:26 AM
 #54

There is no fair in gambling. It all about take your own risk. And there is a rule and the players must know it. In bitcoin you can gambling online. Every spin might double your money or triple your money . But if you earn a lot then you should stop. Because winning is good in the feeling but if you know your losing, quit as much as you can.
Not just in gambling and not just due to bitcoin based systems, everywhere the fairness of a system must be ensured so that people will prefer joining there. You cannot simply climb that there is no fair in gambling. If it is so, there could be no such gambling industry could survive till date. There are many fairly dealing gambling sites and also they are providing many facilities to cross check their fairness.

On the other hand, gambling is always have big risks and we need to accept that to deal with it. But it does not mean the system does not have any fairness.
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June 02, 2017, 07:42:02 AM
 #55

The fairest one are those blockchain based games. Since no one really can predict it. Then there are those games that have only one result for the whole community of gamblers. People can just compare their results and have all the same result since there is only one.
Indeed those games are awesome like luckybit but the problem now a days is the transaction fees is just too much to continue playing these games. But yes, if talking only about fairness they are the most fair game. I used to love a game called satoshinonce or something because there we can bet and see the nonce on the block, simple as that.

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June 02, 2017, 11:10:37 AM
 #56

All gambling games are fair, no? There is a rule, players know about it and play at own risk. Fair deal for both parts, gamblers accept the terms even knowing they can lose on long term. I think there isn't any unfair gambling game...
Actually theres no unfair gambling games the only thing here that there are unfair gambling sites that do have this gambling games and as you said gamblers do accept the terms on every gambling site they do play which we cant really make a word or complaint later on when we are losing out our money because gambling is design on this way. Fairest gambling game is on peer to peer without the house which do give edges on each game.
Indeed everytime we play inside the house we are taking the risk and we accept the fact that a poosibility to lose are present as long as we continue playing we did believe that the site or house is fair unless we seen direct cheating coming from the site itself but its really have to find obvious cheating since gambling business was design to have an edge against its players.
not online in gambling but almost everywhere there is risk involve, you if you want to make money from trading, gambling or from investment you must take the risk, specially in gambling when we play gambling under house we have accept the edge of the house which is some time much more as from normal that we cannot consider it as fair game. some time we even face more problems when playing gambling online.

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June 02, 2017, 12:56:05 PM
 #57

There is no fair in gambling. It all about take your own risk. And there is a rule and the players must know it. In bitcoin you can gambling online. Every spin might double your money or triple your money . But if you earn a lot then you should stop. Because winning is good in the feeling but if you know your losing, quit as much as you can.
I agree with you . In the gambling game we have the same chance in every game. Nothing is easy and nothing is hard. The winning factor in the game is luck, when you have no luck then we will not be able to take advantage.
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June 02, 2017, 03:05:31 PM
Last edit: June 03, 2017, 09:08:02 PM by South Park
 #58

Hey OP, if you are not ready to believe into provably fair system, I suggest some new altcoin project which is coming with edgeless gambling model. They are having their own specific altcoin for gambling purposes. We all need to buy that altcoin for gambling with them hence it will be possible for them to provide us gambling for zero house edge.

When there will be no house edge, I believe we do not need to suspect their fairness.
No, house edge is not synonymous with fairness, a casino may not have a house edge but they may still be shady about the way they manage their business and may try to take advantage of players, this is why before playing we need to check the reputation of the site so we know whether or not the casino is a trustable site where we can gamble our money.

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June 02, 2017, 07:53:23 PM
 #59

For me it is sports betting, I know its not a game but really that is the most fair and easy to bet on sort of gambling.

Apart from sports betting I believe any dice game that is provably fair is fair to me since I can verify my rolls and always make sure I got the fair result.
But even though we can verify all the bets, do we actually verify ? NO , hence for me sports betting is the best one !
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June 02, 2017, 09:03:43 PM
 #60

All gambling games are fair, no? There is a rule, players know about it and play at own risk. Fair deal for both parts, gamblers accept the terms even knowing they can lose on long term. I think there isn't any unfair gambling game...
Not all the games are fair mate, I mean you see the slots games of various sites and you will see mostly people loose their since the slots cannot be verified. I think any game is fair where either the result is publicly televisioned like the local lotteries and the other games that I feel fair are where the result is given by 3rd part for example the blockchain based games where the blockchain is the 3rd party.
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