mBet_Shaun
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October 22, 2017, 07:42:27 AM |
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Hoping to get some more people on board. Current people signed up: Bustabit.com, bustadice.com, Stake.com & Primedice.com
We (mbet.io) would be happy to participate if you are looking at working with sportsbooks. Is there anywhere I can get a look at the code of conduct, I looked but cant seem to find it.
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paullaider
Newbie
Offline
Activity: 14
Merit: 0
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October 22, 2017, 08:14:25 AM |
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Could we know, what's kind forums will be present?
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Stunna (OP)
Legendary
Offline
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
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October 22, 2017, 05:07:31 PM |
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Hoping to get some more people on board. Current people signed up: Bustabit.com, bustadice.com, Stake.com & Primedice.com
We (mbet.io) would be happy to participate if you are looking at working with sportsbooks. Is there anywhere I can get a look at the code of conduct, I looked but cant seem to find it. Will consider putting together a proper code of conduct but prefer to keep things simple for this moment. - Provide a fair experience [Provably fair, fair treatment of players] - Maintain a flawless reputation I've made a topic on the forum regarding suggesting more: https://forum.cryptogambling.org/topic/15-suggest-cgf-principles/Could we know, what's kind forums will be present?
https://forum.cryptogambling.org/It's my hope that we collectively can push each-other to do better, mediate major complaints and encourage the rest of the industry to improve practices.
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Aengus
Full Member
Offline
Activity: 182
Merit: 100
Edward Miroslav
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October 25, 2017, 01:12:55 AM |
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Code of conduct
- Proper provably fair (Nonce, server seed, client seed - No provably fair whereby - Flawless reputation (No complaints of unfair missing user funds due to T&C etc.) - Proof of solvency if an investment website
This could change. The major factor is simply providing a fully fair gaming experience whereby users can have peace of mind.
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camkim600
Newbie
Offline
Activity: 87
Merit: 0
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October 25, 2017, 01:49:48 AM |
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my acc:phamdtu81 TY
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spngebob
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October 25, 2017, 09:21:18 PM |
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Stunna I want to ask you something.
Real provably fair system is - client seed + server seed + nonce. Client seed and server seed should remain the same while nonce change from 1 to n.
If you don't change client seed, nonce is changing from 1 - n and server seed is changing on every bet is that really provably fair system? House could simple catch client seed, calculate nonce and give you bad outcomes. And what is the point of nonce if server seed change on every bet?
My second(third?) question - without nonce, if client seed is unchanged, and server seed is changing on every bet, casino could see clients seed and give to player bad seeds. How one can prove house didn't cheat?
Is that possible?(4th question)
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Aengus
Full Member
Offline
Activity: 182
Merit: 100
Edward Miroslav
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October 26, 2017, 02:19:26 AM |
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Stunna I want to ask you something.
Real provably fair system is - client seed + server seed + nonce. Client seed and server seed should remain the same while nonce change from 1 to n.
If you don't change client seed, nonce is changing from 1 - n and server seed is changing on every bet is that really provably fair system? House could simple catch client seed, calculate nonce and give you bad outcomes. And what is the point of nonce if server seed change on every bet?
My second(third?) question - without nonce, if client seed is unchanged, and server seed is changing on every bet, casino could see clients seed and give to player bad seeds. How one can prove house didn't cheat?
Is that possible?(4th question)
The server seed doesn't change on every bet. This leaves the outcome determined by the client seed only. All bets can be verified when the hashed server seed is revealed.
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lrdeoliveira
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October 26, 2017, 05:26:09 AM |
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What are going to be some new initiatives of the foundation. It's cool to see Aengus announcing you'll be tidying up whether sites are actually fair or not.
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Kakmakr
Legendary
Offline
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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October 26, 2017, 06:58:54 AM |
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Stunna I want to ask you something.
Real provably fair system is - client seed + server seed + nonce. Client seed and server seed should remain the same while nonce change from 1 to n.
If you don't change client seed, nonce is changing from 1 - n and server seed is changing on every bet is that really provably fair system? House could simple catch client seed, calculate nonce and give you bad outcomes. And what is the point of nonce if server seed change on every bet?
My second(third?) question - without nonce, if client seed is unchanged, and server seed is changing on every bet, casino could see clients seed and give to player bad seeds. How one can prove house didn't cheat?
Is that possible?(4th question)
I want to add a question onto this. Who can validate the claims that these systems are implementing these systems correctly? Let's take the Lottery system for Freebitco.in as a example. The site claims that their system is Provably Fair, but most people do not have the technical know how to validate these claims. A faucet/gambling site like Freebitco.in is very popular amongst the poorest people in the world and should be 100% legit. Can you please add your answer to this question, with spngebob's answer?
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spngebob
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October 26, 2017, 02:47:47 PM |
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The server seed doesn't change on every bet. This leaves the outcome determined by the client seed only. All bets can be verified when the hashed server seed is revealed.
There is a difference between how something should work and how something is working I know one site where server seed is changing together with nonce. I would like to see Stunna's answer on this, maybe he missed question, i'll send him message.
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adaseb
Legendary
Offline
Activity: 3878
Merit: 1733
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October 26, 2017, 09:15:54 PM |
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Stunna I want to ask you something.
Real provably fair system is - client seed + server seed + nonce. Client seed and server seed should remain the same while nonce change from 1 to n.
If you don't change client seed, nonce is changing from 1 - n and server seed is changing on every bet is that really provably fair system? House could simple catch client seed, calculate nonce and give you bad outcomes. And what is the point of nonce if server seed change on every bet?
My second(third?) question - without nonce, if client seed is unchanged, and server seed is changing on every bet, casino could see clients seed and give to player bad seeds. How one can prove house didn't cheat?
Is that possible?(4th question)
This was discussed many many times in the past with various sites. Basically its technically possible some gambling site can cheat you ONLY if you NEVER change your bet habit and NEVER change your client seed. The site can have some pregenerated keys and if they detect you are someone who only martingales AND never changes the win direction, then they can give you some bad keys that will generate 10-20 losses in a row to clean you out. However I am pretty sure Primedice never does this. And its also risky for the casino because what if you change from being a predictable gambler to a non-predictable gambler. Someone can basically, martingale with 100 Sats bets for like 10000 Rolls, and then all of a sudden they can switch their bet habits and trick the site.
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Nelka4
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October 27, 2017, 03:34:38 AM |
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Stunna I want to ask you something.
Real provably fair system is - client seed + server seed + nonce. Client seed and server seed should remain the same while nonce change from 1 to n.
If you don't change client seed, nonce is changing from 1 - n and server seed is changing on every bet is that really provably fair system? House could simple catch client seed, calculate nonce and give you bad outcomes. And what is the point of nonce if server seed change on every bet?
My second(third?) question - without nonce, if client seed is unchanged, and server seed is changing on every bet, casino could see clients seed and give to player bad seeds. How one can prove house didn't cheat?
Is that possible?(4th question)
This was discussed many many times in the past with various sites. Basically its technically possible some gambling site can cheat you ONLY if you NEVER change your bet habit and NEVER change your client seed. The site can have some pregenerated keys and if they detect you are someone who only martingales AND never changes the win direction, then they can give you some bad keys that will generate 10-20 losses in a row to clean you out. However I am pretty sure Primedice never does this. And its also risky for the casino because what if you change from being a predictable gambler to a non-predictable gambler. Someone can basically, martingale with 100 Sats bets for like 10000 Rolls, and then all of a sudden they can switch their bet habits and trick the site. Well said, this is why I generally only trust dice sites. But initiatives like onehash & www.stake.com are making other types of gambling possible to easily verify.
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lrdeoliveira
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October 27, 2017, 04:52:04 AM |
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Looks like Rhaver is on board!
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Nelka4
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October 29, 2017, 11:26:04 PM |
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Looks like Rhaver is on board!
Going to need more than that, heard Dean is on board too?
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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October 30, 2017, 11:42:21 AM |
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Looks like Rhaver is on board!
Going to need more than that, heard Dean is on board too? Would be great if we all join up. We need to show FIAT old-school casinos how its done properly .
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Aengus
Full Member
Offline
Activity: 182
Merit: 100
Edward Miroslav
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October 31, 2017, 04:12:53 AM |
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Looking to hopefully have this stickied soon!
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devans
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October 31, 2017, 04:20:30 PM |
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Every casino that uses unfair practices or poorly implements provable fairness damages the entire industry. Industry leaders coming together like this to self-police and encourage best practices could be very beneficial for all crypto casinos as a whole as well as their players.
I look forward to being part of this initiative with bustadice and will be in touch with Aengus to discuss how I can help out.
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casinobitco
Legendary
Offline
Activity: 1833
Merit: 1030
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October 31, 2017, 05:32:13 PM |
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MonsterByte.io (the parent company to many crypto gaming provably fair platforms) requested more details; haven't heard back yet.
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adaseb
Legendary
Offline
Activity: 3878
Merit: 1733
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October 31, 2017, 06:38:16 PM |
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Besides the "fair" provably fair verification process.
I think another important factor should be a site willing to provide how much capital it has.
There are many small sites that allow huge bets but have very little capital on their cold storage. And either some whale or some bad streak can easily cause the site to become insolvent.
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Aengus
Full Member
Offline
Activity: 182
Merit: 100
Edward Miroslav
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November 01, 2017, 01:22:29 AM |
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Every casino that uses unfair practices or poorly implements provable fairness damages the entire industry. Industry leaders coming together like this to self-police and encourage best practices could be very beneficial for all crypto casinos as a whole as well as their players.
I look forward to being part of this initiative with bustadice and will be in touch with Aengus to discuss how I can help out.
Great to hear you guys are on board, your website is extremely impressive and I love what you've done in innovate dice (It's been a very long time since someone has done such a thing!). You can find me on Telegram @EdMiroslav.
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