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Author Topic: Are provably fair gambling sites really provable?  (Read 2574 times)
panzerdeni
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June 02, 2017, 10:53:48 AM
 #61

its hard for me as well as to how some of these sites would not be able to fake and cheat easily as a good chunk do not know how to check and all the details behind doing so.

Im looking to do my own little small betting over outcomes on this we both know would be fair.

That's why you should always need to choose the well-reputed sites to gamble because these reputed sites know that they can make a good profit in the longer run without cheating people. As long as gamblers play these games longer then surely these gambling houses are going to make a lot of money and that's why they will not try to cheap players for small amounts.

Yeah, since the reputable ones don't cheat their gamblers, if they do it would be published and they will surely lose bettors. That is why reputable gambling sites really take care of their reputation. I think gambling sites already earn a lot even if they don't cheat their gamblers.

Provably since they making sure that their reputation will not been stain by any problem whos occuring on them thats why mostly of them fix things up as soon as possible they can so thats why its very advisable to gamble on those establish since we will not worry by gambling our bets and worrying about the site where we are betting on.
I would definitely do the same if im the gambling site owner.Its better to run off on a fair casino/gambling site because i know it will paid off later when it already gain popularity later on. Its more worth than to ran off on a unfair/rigged site which it wont really last because most gamblers do really notice if a site isnt provably fair at all.

As you said it is better to be fair. It will pay off in longer time. And if investors are allowed you can make some profit. If I open casino or exchange I would play fair. I don't understand why exchanges go off or bankrupt. The job of exchanges is security a couple of workers support workers for messages and thats it... Long term they will profit a lot more then just getting 100 BTC.
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June 02, 2017, 08:17:38 PM
 #62

That's the reason I usually don't deposit my money in any new gambling sites. Better only gamble on reputed site which already many experts verified their bets and proven safe to bet. In gambling any way we need only luck to win apart from that if casinos cheat then you will never see any winnings in gambling.

But how can you know if their site is reputable or not if you never deposit? You should at least try and play there to make sure that they are really reputable or not. Some people try to bring X site down by doing this kind of thing though. So we can't believe on some reviews too sometimes
Bitsler is a genuine site but yes I agree we must verif your rolls very often like 1 in every 10 bets. Obviously its impossible to just verify each and every bet as this would make gambling boring. This is one reason why I love to play on blockchain based gambling sites like satnonce ( now closed I think ) because there are no issues as such with those games.

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naidray
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June 02, 2017, 08:30:46 PM
 #63

its hard for me as well as to how some of these sites would not be able to fake and cheat easily as a good chunk do not know how to check and all the details behind doing so.

Im looking to do my own little small betting over outcomes on this we both know would be fair.

That's why you should always need to choose the well-reputed sites to gamble because these reputed sites know that they can make a good profit in the longer run without cheating people. As long as gamblers play these games longer then surely these gambling houses are going to make a lot of money and that's why they will not try to cheap players for small amounts.
Sometimes sites are cheating and just not caught like I remember a site did that, they used to skip the seeds somehow and scam site, while they were highly reputed. Can't recall their name but yeah truly trusted until then.

I believe for this same reason we should more gamble on sports than in dice, because the verification system is quite complex and we can't just verify each bet using that long and tiring procedure.

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June 02, 2017, 08:47:37 PM
 #64

Sometimes sites are cheating and just not caught like I remember a site did that, they used to skip the seeds somehow and scam site, while they were highly reputed. Can't recall their name but yeah truly trusted until then.

The site was DiceBitco.in although I'm not sure it's accurate to say they were highly reputable. They were a pretty new site that got lucky due a ton of traffic from the just-dice shut down.

Quote
I believe for this same reason we should more gamble on sports than in dice, because the verification system is quite complex and we can't just verify each bet using that long and tiring procedure.

This is why I like provably fair systems that can be machine validated. For instance the MoneyPot provably fair system is ideal for that (although, I don't know of anyone who had yet made browser plugins that verify that stuff), but I suspect seuntjie's dicebot would do that (just guessing though, based on the fact he's a smart guy who seems into that sort of stuff).

Or another good example is bustabit.com's provably fair, you can also validate it in real time (e.g. a browser script you can run that alerts you if any of the games don't verify), as well as a bunch of 3rd party bots that are monitoring it
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June 02, 2017, 09:15:39 PM
 #65

its hard for me as well as to how some of these sites would not be able to fake and cheat easily as a good chunk do not know how to check and all the details behind doing so.

Im looking to do my own little small betting over outcomes on this we both know would be fair.

That's why you should always need to choose the well-reputed sites to gamble because these reputed sites know that they can make a good profit in the longer run without cheating people. As long as gamblers play these games longer then surely these gambling houses are going to make a lot of money and that's why they will not try to cheap players for small amounts.
Sometimes sites are cheating and just not caught like I remember a site did that, they used to skip the seeds somehow and scam site, while they were highly reputed. Can't recall their name but yeah truly trusted until then.

I believe for this same reason we should more gamble on sports than in dice, because the verification system is quite complex and we can't just verify each bet using that long and tiring procedure.

Gambling is for having fun so it all depends on individuals interest. We can't ask everyone go for sports betting. There is already a system to verify our bets so we should randomly need to verify and it will our responsibility because we are spending money to get entertainment. It is not possible to verify each and every bet and to catch whether a site is cheating or not we just need to verify few bets randomly. 
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