GeorgeJohn
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November 26, 2020, 12:25:25 PM |
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That means its the machine that generate the option of number, so I'm trying to understand that if the machine refuses to rotates the total number needed that means their is chance of losing the game, so in these aspect, what method are we using to play the game, is it by cryptocurrency such as bitcoin or physical money that will be use for playing such game, because we need to understand the rules and regulations of the platform. Shall it's obvious that in gambling the possibility of winning gamble is based on prediction and luck because no one predict game and call it sure game, the success of game is luck.
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shield132
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November 26, 2020, 01:00:56 PM |
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This system, known as Provably Fair, has been known for years, and it probably greatly contributed to the growth of crypto gambling industry, since it solved the problem of trusting in the fairness of the game. But it didn't solve trust completely, a casino can still make an exit scam, they can refuse to payout the winnings, and this cryptographic commitment scheme doesn't work for investors, which means that casinos could be theoretically defrauding them.
There is the trust left on FortuneJack's account: FortuneJack's "Adrenaline" game is not actually provably fair, despite being advertised as such. They can freely increase the house edge or rig games past the 10th one without possibility of detection. FortuneJack promised to fix it in Jan 2019, and nothing as been done since. Rest of casino/sports seems to be as promised. Avoid playing Adrenaline if you want it to be provably fair (FJ can cheat without detection easily at the moment) Here is the explanation of why FJ's "Provably Fair" system isn't fair. Also check the Wixiplay provably fair system. Personally, I don't know the backend and can't really say sure whether website is really provably fair or not. In this case, I think like you OP but at the same time there is no need to fake that system because they already have a house edge that guarantees that casino will profit on long-term. I suggest you to check this thread too: "Provably Fair": How Fair & Provable is it?
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iamsheikhadil
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December 05, 2020, 07:57:58 PM |
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That means its the machine that generate the option of number, so I'm trying to understand that if the machine refuses to rotates the total number needed that means their is chance of losing the game, so in these aspect, what method are we using to play the game, is it by cryptocurrency such as bitcoin or physical money that will be use for playing such game, because we need to understand the rules and regulations of the platform. Shall it's obvious that in gambling the possibility of winning gamble is based on prediction and luck because no one predict game and call it sure game, the success of game is luck.
Well, that depends if you are playing on a provably fair platform game or not. Surely, in any way, there is no 100% proof that a game isn't manipulated but in a system of provably fair where you can verify your bets by client and server seed along with nonces, you can actually prove the legitimatecy of a platform to a great extent.
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Fundamentals Of
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December 06, 2020, 03:41:23 AM |
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That means its the machine that generate the option of number, so I'm trying to understand that if the machine refuses to rotates the total number needed that means their is chance of losing the game, so in these aspect, what method are we using to play the game, is it by cryptocurrency such as bitcoin or physical money that will be use for playing such game, because we need to understand the rules and regulations of the platform. Shall it's obvious that in gambling the possibility of winning gamble is based on prediction and luck because no one predict game and call it sure game, the success of game is luck.
Well, that depends if you are playing on a provably fair platform game or not. Surely, in any way, there is no 100% proof that a game isn't manipulated but in a system of provably fair where you can verify your bets by client and server seed along with nonces, you can actually prove the legitimatecy of a platform to a great extent. To an extent only. A casino claiming fairness provability does not automatically mean it is consistently fair and even the gamblers themselves will not verify each result for its fairness. I think no gambler verifies each of his bet. Aside from that, it is also possible that gambling sites will cheat their gamblers in other ways. As already stated, it is possible for the casino to lock withdrawals for no reason at all. They could end up not paying the gambler. And more reasons. So fairness provability is not really a guarantee.
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MCobian
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December 06, 2020, 04:57:21 AM |
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When playing gambling, I rarely check provably fair gambling sites, because before using gambling sites, I'm always read reviews of gambling sites, and make sure the gambling site I use has a good reputation too. So there's no need to prove my bet is pure luck or not. And if I feel uncomfortable with the gambling site I'm using, I'll look for another gambling site. Because now there are so many choices of gambling sites that we can indeed use.
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maydna
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December 06, 2020, 06:49:40 AM |
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Gambling proves to be pure luck we often take it to the gamblers based on our own knowledge and experience i haven't thoroughly analyzed gambling sites before gambling and no site participates by verifying its reliability. It is possible to reduce the risk through research even if it depends on luck many gamblers are at a disadvantage if they participate without verifying anything gambling becomes much easier when you find the right site.
Without having luck, it is not possible to win the game. Before he loses his money, which he can't accept, it is better to realize that the gambling site can take all of his money, no matter if that site is provably fair or not. We know that the gambling site can do that, but I don't think that the reputable gambling site will cheat their members because that can ruin their members' reputations. So the gambling site will manage their reputations to be trusted by their members.
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stadus
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December 06, 2020, 07:22:50 AM |
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Without having luck, it is not possible to win the game.
I don't really believe on that, sorry. So if you are betting on a certain game, and you believe you are not lucky, would you know you will lose? I think probability is more realistic than thinking of luck.
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btc78
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December 06, 2020, 07:29:36 AM |
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Gambling proves to be pure luck we often take it to the gamblers based on our own knowledge and experience i haven't thoroughly analyzed gambling sites before gambling and no site participates by verifying its reliability. It is possible to reduce the risk through research even if it depends on luck many gamblers are at a disadvantage if they participate without verifying anything gambling becomes much easier when you find the right site.
You must Learn first what gambling will you playing and which site has a higher rate of fairness though w already knew that Gambling site will never let us win over them but at least the gaming is with fairness and not pure losing. And also there are gambling that Needs knowledge and experience and that is from Sports betting,Like boxing if you are familiar with both fighter then you'll have a capacity to estimate and evaluate the out come of the game. Though this is not 100% accurate but at least 50% and up we may Hit the game but surely most of them is with lower odds.
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Natsuu
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December 06, 2020, 07:41:38 AM |
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Gambling proves to be pure luck we often take it to the gamblers based on our own knowledge and experience i haven't thoroughly analyzed gambling sites before gambling and no site participates by verifying its reliability. It is possible to reduce the risk through research even if it depends on luck many gamblers are at a disadvantage if they participate without verifying anything gambling becomes much easier when you find the right site.
Without having luck, it is not possible to win the game... Luck cannot be measured by any means, it is just a mentality every person I think can say to justify their losses and winning in a non-skill based games. You can also say that this is a concept made to simply explain what probability is. luck and probability can have the same meaning depending on the usage, and they are both needed by a gambler depending on the point of view of the user. Ergo, Luck is just a simplified version of probability but turned into a characteristic.
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NeilLostBitCoin
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December 06, 2020, 09:26:24 AM |
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Gambling proves to be pure luck we often take it to the gamblers based on our own knowledge and experience i haven't thoroughly analyzed gambling sites before gambling and no site participates by verifying its reliability. It is possible to reduce the risk through research even if it depends on luck many gamblers are at a disadvantage if they participate without verifying anything gambling becomes much easier when you find the right site.
Without having luck, it is not possible to win the game. Before he loses his money, which he can't accept, it is better to realize that the gambling site can take all of his money, no matter if that site is provably fair or not. We know that the gambling site can do that, but I don't think that the reputable gambling site will cheat their members because that can ruin their members' reputations. So the gambling site will manage their reputations to be trusted by their members. I used to belive in luck that's why i am not that so engaged in gambling because i am a type of a person which a term luck isn't always on my side. I believe that there is some people who has a lucky day but it is not mean that this lucky would always happened. And yes gambling can take what we have because in gambling we have a 50/50 of probability of chance of winning and losing that why from this I can't take the idea of taking the risk that someday might take of what i have earned.
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fortunecrypto
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December 06, 2020, 10:18:22 AM |
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When playing gambling, I rarely check provably fair gambling sites, because before using gambling sites, I'm always read reviews of gambling sites, and make sure the gambling site I use has a good reputation too. So there's no need to prove my bet is pure luck or not. And if I feel uncomfortable with the gambling site I'm using, I'll look for another gambling site. Because now there are so many choices of gambling sites that we can indeed use.
I do the same it's time-consuming, I do that when I have a suspicion about the way things are coming out, the gambling site I'm playing and going to play has zero complaints about the results, what's important to me is how they end payout to their users, what's a provably fair if it has a bad reputation to speak of.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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December 06, 2020, 05:39:24 PM |
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When playing gambling, I rarely check provably fair gambling sites, because before using gambling sites, I'm always read reviews of gambling sites, and make sure the gambling site I use has a good reputation too. So there's no need to prove my bet is pure luck or not. And if I feel uncomfortable with the gambling site I'm using, I'll look for another gambling site. Because now there are so many choices of gambling sites that we can indeed use.
I do the same it's time-consuming, I do that when I have a suspicion about the way things are coming out, the gambling site I'm playing and going to play has zero complaints about the results, what's important to me is how they end payout to their users, what's a provably fair if it has a bad reputation to speak of. Got it there mate because whats the sense of high Fairness in game but when comes to withdrawal there will be always an issue.it doesn't matter how the game flow as long as there are no clear or obvious in cheating because in the end of the day gambling is still Luck base and what is the outcome will depend on that so we must always look at the reputation in payments ,that is what most gambling sites fail as they did not anticipate the chance of players hitting jackpot orat least huge amount.and since they are not prepare then what they do is either banned the user or just get away and forget about the business reputation.
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