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Author Topic: Alt-coin Slots | BTC, LTC, FTC, BTB, CNC, GMC, YAC, BQC| http://slots.won777.com  (Read 1165 times)
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May 15, 2013, 02:43:33 AM
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May 15, 2013, 06:58:41 AM
 #2

Updated OP with new currencies supported
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May 15, 2013, 07:03:11 AM
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Not provably fair Sad
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May 15, 2013, 07:10:41 AM
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Not provably fair Sad

And neither is a real-life casino.  Or most of the "Provably fair" cryptocoin gambling parlours.  In these cases, all the "Proof" indicates is that the outcome of the game was decided before taking the player's input into account.  It doesn't prove that odds are what they claim to be or that a game is fair at all.
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May 15, 2013, 07:37:12 AM
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Not provably fair Sad

And neither is a real-life casino.  Or most of the "Provably fair" cryptocoin gambling parlours.  In these cases, all the "Proof" indicates is that the outcome of the game was decided before taking the player's input into account.  It doesn't prove that odds are what they claim to be or that a game is fair at all.
Yes it does, actually. You can perform statistical analysis over a large amount of data, for example all SatoshiDICE bets are public. SHA256 is also effectively a random mapping function, it is computational expensive to find secrets that are rigged towards the house.

In all provably fair games (that are actually fair), the player is able to enter their own arbitrary input into the provably fairness algorithm - transaction hashes, client secrets, etc. Try reading more into it. In real life, there are gambling regulatory boards, and the ones I've being to are provably fair about blackjack at the very least and it just takes your time to have a high confidence that roulette is provably fair.

It IS possible to have provably fair games with bitcoin, so why not do it? If you think the way current bitcoin casinos are doing provably fair aren't really fair, then prove it.
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May 15, 2013, 08:17:55 AM
 #6

Not provably fair Sad

And neither is a real-life casino.  Or most of the "Provably fair" cryptocoin gambling parlours.  In these cases, all the "Proof" indicates is that the outcome of the game was decided before taking the player's input into account.  It doesn't prove that odds are what they claim to be or that a game is fair at all.
Yes it does, actually. You can perform statistical analysis over a large amount of data, for example all SatoshiDICE bets are public. SHA256 is also effectively a random mapping function, it is computational expensive to find secrets that are rigged towards the house.

In all provably fair games (that are actually fair), the player is able to enter their own arbitrary input into the provably fairness algorithm - transaction hashes, client secrets, etc. Try reading more into it. In real life, there are gambling regulatory boards, and the ones I've being to are provably fair about blackjack at the very least and it just takes your time to have a high confidence that roulette is provably fair.

It IS possible to have provably fair games with bitcoin, so why not do it? If you think the way current bitcoin casinos are doing provably fair aren't really fair, then prove it.

It's a fair point, and I do owe it to any patrons we have to read up on it and see what can be done.  I just don't like how a lot of provable fairness algorithms are gimmicky, or just prove one factor of fairness and claim it as total, you know?
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May 15, 2013, 08:18:32 AM
 #7

 I find it funny how he thinks the real casinos are not proved Cheesy yes laws are for nothing Cheesy

I'm on the hunt for Sherlock Holmes
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May 16, 2013, 05:48:15 AM
 #8

What % of your bets would you say are alt coins versus btc?

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jayo89
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May 16, 2013, 02:37:49 PM
 #9

What % of your bets would you say are alt coins versus btc?

Oh its virtually all alt-coins right now, we threw in BTC support to make sure nobody was left out.
There are plenty of slots out there for BTC, we aim to provide one of the few that'll let you have fun with some of these smaller coins.
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May 16, 2013, 04:34:10 PM
 #10

It does seem quite fun, but what are the chances of winning? And as said, is it provably fair?
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