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Author Topic: Is provably fair really real?  (Read 567 times)
Somto9Light
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Today at 09:40:42 AM
 #21

Provably Fair is never intended to eliminate house edge. It just prove that casino could not manipulate the result after I placed my bet. House edge always remain same.
This is very correct, gamblers should know what provably fair games and house edge are. But there are many gamblers like me that do not accept that the games are provably fair enough despite that I know what provably fair games are, just because gambling is in the favour of the gambling sites. Although, that should be expected.
Especially when it comes to casino games. That’s exactly the reason I don’t like playing games like slot, roulette, plinko and most other casino games, or even the virtual/simulated games, because I always feel like even thought the casinos may try to convince us that most or all of those games are probably fair and they can’t actually influence the outcomes and results of these games, I still feel doubt. So I’d rather just stick to betting on football games and other sports games, at least I have some level of confidence playing these games.

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Today at 09:46:28 AM
 #22

My cousin who have been a gambler in the past and quit said that if gambling is truly provably fair many casinos won't make it because there is always a load of people testing that one game and they will win even more which will result in loss for the casino, do you believe what he said about this?

the problem I have with provably fair is we can't ever know how true it is, even a casino that can't be trusted will use the same language that they are transparent to enhance players confidence in them, there is no probably fair verification, the cryptographic algorithm and others aren't enough.

What about you? What do you think about provably fair language from casinos?
Actually for being in that "Provably fair" status the casino don't actually lose their money. Because that shows how random the result will show up each round. Also this will not actually determine their pay out structure.

Even if there are lots of people verify how fair they are. The house edge actually play huge role on how the casino could possibly earn.

You or anyone can possibly prove if the result is manipulated or not, but you provably cannot beat the house edge by doing those random checks.

@arwin100 is correct. Proven fair simply means that casino hasnot cheated during that particular game. It means that outcome was real and not tampered with by the casino. That doesn't mean there are equal chances though. Game might be 100% honest, but casino will still make little money per round. Yes, that little cut remains there no matter how many times you look at it.

And @Outh, if your cousin were right, then fair would mean that the casino does not make any money. However, that is not what proven fair is.

 
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Today at 09:58:47 AM
 #23

Many people make mistakes about the impartiality of casinos. By impartial, the casino does not mean that the chances of winning are equal for the gambler and the casino. Rather, by impartial, the casinos mean that the results of a particular round are prepared according to a predetermined method. When everyone sees the bets, the casino does not secretly change the results. But if you think that impartial means that the casino will win more for us, then you are wrong. The casino has a mathematical advantage in the rules of the game and in rewarding everyone. Maybe some gamblers can win in a short time or someone can win big. But the small advantages of the institution gradually give them profit from the average calculation of a large number of bets.

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Today at 10:04:44 AM
 #24

A lot of good people on this forum actually test these systems from time to time,,, I never test the slots ones and never even the casino whitelael ones, I only trust the pure 'original' dice type sites, tested and proven.

In fact OP,,, stop asking and try yourself. Chatgpt can help you if you find the method too confusing.

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Today at 10:07:26 AM
 #25

[...]
the problem I have with provably fair is we can't ever know how true it is, even a casino that can't be trusted will use the same language that they are transparent to enhance players confidence in them, there is no probably fair verification, the cryptographic algorithm and others aren't enough.

What about you? What do you think about provably fair language from casinos?

Well most of the casino ive played with has offered with the feature of probably fair and of course they didnt earn if they make a 100% return for every players bet in their casino thats why most of them wanted to become transparent to have an RTP feature for their slot games to offer that they are open for their players about the probability of the wins. So instead having a wondered with the luck in slot games thats why I shifted into sports betting which is having a skills analytics to win the bets.

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Today at 10:19:20 AM
 #26

Your Cousin is wrong on this one. Provably fair does not guarantee no house advantage, it just guarantees that the result is not rigged. However, second one has a bigger effect. Term provably fair is now sales term more than anything. Some shady casinos also use it, and most players do not pay attention to its proof. There is secret code process, but who is checking the code after each spin?
Open source setup and outside company checking is required for real math proven fair. Otherwise it is just a label.

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Today at 10:23:34 AM
 #27

People don't even need to tell them that it's 50/50, it's either you win or you lose so most will just assume that the odds are fair game for them, so no matter how much they lose they feel like they will still win back as much as they've lost and that's what motivates them to keep gambling, it's one of the leading causes of gambling addiction right now and people need to clear that mentality from their minds and put themselves back on track.
Really, only someone who hasn’t been around the gambling industry would think that way, because people who’ve been around would have already known based on their overall gambling stats that they’ve actually lost more than they’ve won so far, particularly those who have been around for much longer (even though some actually do claim that they’ve won more than they’ve lost) at least majority can attest to this. And this is enough to tell anyone that the odds are not balanced but is tilted to always favour the house in the long term.

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Today at 10:34:38 AM
 #28

Casinos are businesses. These businesses make money off of money, and they cannot be expected to be fair. They may put on a show of fairness to attract more users, but this isn’t a permanent situation, and I don’t believe casinos are truly fair. After all, if things were truly fair, how would these businesses make money? They might be a bit more generous when it comes to paying out winnings, but at the end of the day, the house always wins.

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Today at 10:43:10 AM
 #29

Your cousin idea is not correct. The algorithms of casinos are set in such a way that at the end of the day the developer will benefit. If I given an example, it may be a little clearer, such as when you are betting, the options in front of you are selecting the preferred option based on statistics. Not everyone has the same attitude some people choose one team, some another team or some other option.

There are many casinos online that are not fair to gamblers, they only look for their own profit. If you run a casino with fairness, you can definitely be profitable because most gamblers are not lucky in winning.

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Today at 10:45:54 AM
 #30

Casinos are businesses. These businesses make money off of money, and they cannot be expected to be fair. They may put on a show of fairness to attract more users, but this isn’t a permanent situation, and I don’t believe casinos are truly fair. After all, if things were truly fair, how would these businesses make money? They might be a bit more generous when it comes to paying out winnings, but at the end of the day, the house always wins.

There are certain algorithms, and nowadays, when everything is controlled by automated programs rather than people, it's even easier to predict profits for a casino. At the same time, it's also possible to design and program systems that keep players interested and engaged in the game.That's neither good nor bad, it’s just important to understand that the odds are always in the casino's favor. Over the long run, even after paying out big wins, the casino will still make its money.

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Today at 10:52:20 AM
 #31

My cousin who have been a gambler in the past and quit said that if gambling is truly provably fair many casinos won't make it because there is always a load of people testing that one game and they will win even more which will result in loss for the casino, do you believe what he said about this?

the problem I have with provably fair is we can't ever know how true it is, even a casino that can't be trusted will use the same language that they are transparent to enhance players confidence in them, there is no probably fair verification, the cryptographic algorithm and others aren't enough.

What about you? What do you think about provably fair language from casinos?
IMO provably fair is real and, as many others have stated, it just means the result you were given was not manipulated and was a completely random result. However, I think casinos could cheat a player if they wanted to. Sometimes on certain sites i feel like when I am playing originals the game just goes dead. I get the feeling the casino is monitoring my bets and they can manipulate my seed somehow. You can check your bet and it all looks legit, but I honestly think they can cheat you if they wish.

Someone with more knowledge could explain what I am trying to say above. Legit sites are not going to risk cheating, but some of your smaller sites might.

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Today at 10:57:46 AM
 #32

My cousin who have been a gambler in the past and quit said that if gambling is truly provably fair many casinos won't make it because there is always a load of people testing that one game and they will win even more which will result in loss for the casino, do you believe what he said about this?

the problem I have with provably fair is we can't ever know how true it is, even a casino that can't be trusted will use the same language that they are transparent to enhance players confidence in them, there is no probably fair verification, the cryptographic algorithm and others aren't enough.

What about you? What do you think about provably fair language from casinos?
Demonstrably fair is to have a predetermined outcome. But the advantage of that predetermined outcome is most of the time in favor of the casino sites. If your cousin thinks it's fair to win at gambling, he's wrong. Because they're coming to do business on the casino site. If the mathematical advantage isn't in their favor, they'll lose. They probably won't want any gambling site to be in the market anymore.

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Today at 11:04:39 AM
Last edit: Today at 03:36:20 PM by Moreno233
 #33

Even though I have not seen anyone demonstrate how to verify this concept of provably fair in casino games, I still believe it should be a factor that play a real part in online casino. I came to this conclusion when I finally tried playing in land-based casino, it was as if I was wasting money because I made hundreds of spins yet no significant winning. I rarely experience this in online casinos that are genuinely provably fair, this is why I feel that such concept works. Make no mistakes, some casino might claim that their system is provably fair whereas they are not, so we should be able to find a way of getting idea if a casino is operating what they claim or not.











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Today at 11:26:33 AM
 #34

My cousin who have been a gambler in the past and quit said that if gambling is truly provably fair many casinos won't make it because there is always a load of people testing that one game and they will win even more which will result in loss for the casino, do you believe what he said about this?

the problem I have with provably fair is we can't ever know how true it is, even a casino that can't be trusted will use the same language that they are transparent to enhance players confidence in them, there is no probably fair verification, the cryptographic algorithm and others aren't enough.

What about you? What do you think about provably fair language from casinos?
I understand what your cousin is talking about, but it's important to keep in mind that the casino's margin is already built into the odds for every bet. That's why the casino has a mathematical advantage regardless of which bet you choose. Casinos are very complex, and it's nearly impossible for players to understand every nuance, much less factor them into every bet. Therefore, players often make many mistakes, and the casino always wins.

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Today at 11:44:29 AM
 #35

Most gamblers don't bother with this because they think what they see is real. But when there is a dispute over a large sum of money, this issue is discussed. However, it is not right to blindly believe the word Provably Fair nor to dismiss it as completely fake. Because it is a technical verification method but no one questions this before playing whether a casino is trustworthy or not, to determine whether it is Provably Fair or not, there are many things involved in licensing, reputation, withdrawal history, independent audits, which a player cannot prove himself right against. Also, to do this, things like user experience are equally important, which not everyone has. So it is better to withdraw what you have won because long-term players can never benefit.

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Today at 11:45:58 AM
 #36

The concept is definitely real, but how each casino guarantees it isn't. It's a topic that doesn't keep me up at night too much, but if you are worried about provably fairness I'm sure that there are audits available, which doesn't assure you 100% that the casino is provably fair (they are not infallible), but it may serve as an additional guarantee that the place of your choice won't rip you off.

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Today at 11:49:54 AM
 #37

What about you? What do you think about provably fair language from casinos?
We can't prove that, but anyway casinos have the house advantage. Players should be aware of that. I would define fair in this case not in the game itself, but when they pay out my legitimate winnings easily without asking for anything that slows me down from getting my winnings. We might get something different in sports betting.

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Today at 11:57:12 AM
 #38

Fairness or unfairness doesn't essentially mean a gambler's chances of winning are greater than the casino's. It simply means the casino's advantage remains the house's priority because it's their business.
So, honestly, I don't really focus on the concept of fairness; the most important thing is that the casino is responsible for paying out any winnings I earn.
All gamblers want the games they play to be fair, but the reality is that games are designed solely to benefit the house. I frequently check the RTP (Return to Player) and often the games don't match the displayed RTP percentage.

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Today at 11:57:37 AM
 #39

Most gamblers don't bother with this because they think what they see is real. But when there is a dispute over a large sum of money, this issue is discussed. However, it is not right to blindly believe the word Provably Fair nor to dismiss it as completely fake. Because it is a technical verification method but no one questions this before playing whether a casino is trustworthy or not, to determine whether it is Provably Fair or not, there are many things involved in licensing, reputation, withdrawal history, independent audits, which a player cannot prove himself right against. Also, to do this, things like user experience are equally important, which not everyone has. So it is better to withdraw what you have won because long-term players can never benefit.

it would be nice, in an imaginary and perfect ideal way, for there to be no need to see whether a game is honest or not
cheaters have always existed, if you remember they were always present in western films
the only thing we can do is rely on those who know and see that they are really honest, some say it can be seen.

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Today at 12:15:08 PM
 #40

My cousin who have been a gambler in the past and quit said that if gambling is truly provably fair many casinos won't make it because there is always a load of people testing that one game and they will win even more which will result in loss for the casino, do you believe what he said about this?

the problem I have with provably fair is we can't ever know how true it is, even a casino that can't be trusted will use the same language that they are transparent to enhance players confidence in them, there is no probably fair verification, the cryptographic algorithm and others aren't enough.

What about you? What do you think about provably fair language from casinos?
I dont care up that much on checking hashes and everything in speaking about provably fair. The main thing I do is on the moment i do choose up a casino then i would always look into those whose popular and reputable. We cant really say that they are fair but at least people or gamblers are hanging out on this place on which simply means that it is good but of course it would be that given or default that gamblers would really be always the losers in the end and if you arent that good when it comes to self control and moderation when it comes into your bankroll then this is where problem do happen. Although there are those people who are really that thinking about fairness on which they do have tons of time for them to make those verifications on which its something that not bad either but one thing only comes into my mind that house would be always be having the advantage and this is a fact that cant really be changed up.

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