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Author Topic: Is provably fair really real?  (Read 566 times)
Pandu Geddon
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Today at 12:24:59 PM
 #41

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?

I think your cousin instilled that understanding to convince himself not to gamble again. He felt cheated by an unfair casino and had already spent his money. So that became a reason he could stop gambling. 
I'm also not sure that when gamblers know a fair casino game, players can make a profit and bankrupt the casino. Casinos have a house edge in every game.

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Today at 12:33:31 PM
 #42

For me, probably fair is a good concept, but I won't blindly have trust on the phrase just because the casino wrote it on their website. The real question is if the system can actually be verified independently and if the casino is transparent on how the whole process do work. You see despite the fact that the game is genuinely probably fair, the house edge still remains, so it do not mean that players has advantages over the casino. I only sees it as a way to improve transparency, but I still have the believe that proper audits, responsible gambling and reputation still matters.

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Today at 12:42:19 PM
 #43

Use a serious online casino and you will be fine, even if someone they have their ways of cheating it won't be noticeable, but that's what we will get from gambling, I mean the unfairness, for them to stay in business.

Look around you, some gamblers will still believe that probably fair is real but I believe that only few online casinos are truly transparent when it comes to their games.

All I know is that when it comes to running a business you are going to do everything within your power to keep that business running and flourishing, never trust a business man they say, for them it's about profit making.

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Today at 12:49:20 PM
 #44

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.
The use of cryptographic hash proofs is a mainstay, and even then, it still raises issues and questions because we never know the operator's true behavior. Therefore, we should limit the context of the question based on these two things.

Cryptography can prove something specific, but it doesn't automatically prove the entire business is honest. After all, casinos will use fairness jargon in technical terms rather than simply saying, "We're honest, trust us."

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Today at 01:05:16 PM
 #45

What about you? What do you think about provably fair language from casinos?
With the increase in the rate of fraudulent casinos, I don't think all of them that put that sign or language are fair. The scam accusation section of the forum is a case study of how shady some casinos could be. So I would not be surprised if casinos manipulate games to cheat users.

Most gamblers like me depend on experience or reviews to ascertain how fair a casino is. But from this website Provably fair explained, it is possible to check if a casino is fair or not. Let me quote from the article:

Quote
In order to verify the fairness of the bets and if you’ve been cheated or not, you have to:

Make sure the hashed server seed you have is the actual hash of the unhashed server seed. If that’s not the case and the portal has given you a random hash, it most likely creates fake outcomes and therefore cheats the game.
This is technical for common gamblers like me.

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Today at 01:21:46 PM
 #46

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 don't have enough coding skill; only developers would make sure if it's truly probably fair. But I don't think gambling sites will allow someone else to read their codes. On the other hand, even if they allow it later, they could edit the codes from the backend. So it's not very beneficial to audit their gambling sites' codes; it's not blockchain codes that won't be edited or changed.

I don't believe that is probably fair because if the casino keeps losing, then they can't run their business. Somehow casinos have to be winners on average, although some gamblers win sometimes. But what I realized is most gamblers have been losing on the gambling platform, and the casino is earning a lot.

 
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Today at 01:31:01 PM
 #47

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?

There is no fair in gambling if our focus as players because we will think gambling is fair when we get a win at gambling and will feel cheated when we lose, although not all like this but most will think the same thing including the concept that your friend said.

But in the end gambling is not a fair system or not because from the beginning it was set up for a game of luck and the most profit of course belongs to the bookies.
We cannot expect justice just because we want to win because Fair systems in gambling are when we are well served and when we want to withdraw money from the site smoothly then it will be seen as a justice because they give rights as gamblers.
But when the benchmark is fair just because we want to keep winning then all the sites will never be there because it does not provide attraction in terms of business for the bookmakers.

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Today at 01:39:14 PM
 #48

A provably fair game is what many casinos will say of their platform, which is the normal expectation that we should also expect from them to say, but later do we realize that some things are far beyond what to be only hear them say except we can attest to some of those claims by ourselves, by now we should know some market promotional strategies coming in this manner, just to attract the interest of gamblers, some are provably fair and most are not to be sincere and not everyone can detect or proof on this.

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Today at 01:41:53 PM
 #49

It is real, mate. Otherwise, they could be charged with scamming gamblers.

The fact that they are licensed and their game providers are also licensed already gives some assurance that the games are probably fair. Maybe we only question it because we lose most of the time. But without realizing it, that is normal in gambling because we do not have the edge.

That is what we should focus on. If we are not really lucky, then we should simply minimize our gambling.

The house edge will never disappear because that is what keeps the casino profitable, while bettors are on the opposite side.

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Today at 01:42:10 PM
 #50

What about you? What do you think about provably fair language from casinos?
Overall, it is a marketing language and the language is used because you as the gambler wins sometimes and that winning brought the language to players. It is fair for everybody but only the lucky ones win. If they make it 80% fair to players, casinos can't survive because they are paying several bills. And it is the gambling losses they are using it to pay every expenses. Gamblers should understand those terms and don't think it's a win win for them.

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Today at 01:48:22 PM
 #51

I don't believe that is probably fair because if the casino keeps losing, then they can't run their business. Somehow casinos have to be winners on average, although some gamblers win sometimes. But what I realized is most gamblers have been losing on the gambling platform, and the casino is earning a lot.
Casinos cannot run a business if they keep losing, good casinos also have to consider the profit of their customers. If a gambler keeps losing, they will not play at the casino. If casinos have a long-term business mindset, they will not set their algorithms for their own profit.

Some casinos start with short-term goals and adopt various strategies to increase the number of customers and at some convenient time they stop their services and customers are not tempted to gamble at that casino. The attitude of gamblers is to make a profit but once they think that the casino is not treating them fairly, they will refrain from gambling on that platform.

There are some stages in losing, for example, if a gambler gets entertainment from the casino, they do not show much excitement even if they lose. The better the casinos understand the attitude of the customers, the more they can successfully survive on the gambling platform in the long term.

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Today at 01:52:27 PM
 #52

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 don't see why this is a topic with different answers and opinions. The word probably alone means uncertainty and adding that to fairness simply means fairness is uncertain or should I say not "guaranteed" and because of that word you can't sue them for not winning big or getting back what you gamble with.
Casinos are smart to have used such a word, most people only concentrate their gaze on "fair" as though "probably" wasn't before it, and that where their problem starts from. Next time when you see such word always remember that the casino didn't promise you fairness.











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Today at 01:53:24 PM
 #53

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?

We tend to look for "answers" that are "beneficial" to us… but aren’t actually correct. Casinos that offer games based on chance will ALWAYS come out ahead, as long as there are players. Because that’s what probability theory tells us. The odds of winning are in the thousandths of a percent, no matter how much you’d like to believe otherwise. These games of chance are based on mathematics that’s easy to verify... But we "don’t want to know" this, because then it would turn out that we’re… FOOLS who decided to get rich where it’s impossible to do so—if you’re smart and HONEST with yourself. That’s why the "the casino is cheating us" theory is a good option for those who don’t want to admit that they themselves are fools.
All of the above is my personal opinion.


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Today at 02:13:18 PM
 #54

The word "provably fair" is what casinos use to let you know that the result of your bet was fair without being manipulated but that doesn't mean that they didn't designed their algorithm to favor them more than the gamblers.

However, in a game of luck whether, the algorithm is designed to favor the casino or not, you will lose more because the probability of winning is very slim. I have gambled with my friends on a guess game. We all got the answers wrong. This is why in most casino games, your win depends on luck because you're just spinning and spinning.

Winning a casino game is always by luck, more especially as it involves spinning. Every gambling or casino site is designed to favour the site far more than the gamblers. Many of us who gamble understands that it is very  difficult to make more profit from the casino sites than they make from you the gambler, and for this reason, every gambler should approach casino games with high level of caution because because of the risk involved. Even when you feel a casino site is fair enough, this doesn't guarantee winning. Sometimes, you might be lucky to win a spin, is always a way of keeping you on, and make you to spin more, and make more losses.

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Today at 02:29:57 PM
 #55

Winning a casino game is always by luck, more especially as it involves spinning. Every gambling or casino site is designed to favour the site far more than the gamblers. Many of us who gamble understands that it is very  difficult to make more profit from the casino sites than they make from you the gambler, and for this reason, every gambler should approach casino games with high level of caution because because of the risk involved. Even when you feel a casino site is fair enough, this doesn't guarantee winning. Sometimes, you might be lucky to win a spin, is always a way of keeping you on, and make you to spin more, and make more losses.

I think we all understand this as gamblers because we know casinos are businesses, not charities.

Still, when a gambler keeps losing money, it is only natural for them to question whether the casino is really “provably fair.” Of course, casinos will say that their games are fair because that is a basic requirement for running a legitimate business. But if the result cannot actually be verified by the player, then how can it truly be called provably fair?

I guess not all games can be independently verified. In my case, I simply trust the game providers.

For example, Pragmatic Play is one of the biggest slot providers. I believe its games are fair because they must go through licensing and testing before they are released.

 
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Today at 03:43:02 PM
 #56

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.
New people get involved in gambling regularly and some of them start out with the flawed mindset that they will be getting rich from it, this is especially true for people who end up winning their very first bet, the immediate conclusion that is made is that gambling is easy and that they will be making alot of money from it, reality catches up with them eventually but not before they've spent way more than enough for them to finally figure out that the system was never on their side, so you are right that only someone who hasn't been involved in gambling long enough will have this kind of mentality but then again there are alot of people who are new to gambling.

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Today at 03:47:24 PM
 #57

A lot of members here have posted that Provably fair doesn't mean that the house edge is not in play. It's just making sure that the casino is not cheating the system after the game has been played.

What matters IMO is the server seed. How trustworthy it is and how it would apply or be rotated, knowing that some seed could be winners. I think as long as you can see how they verify it's a good thing.

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Today at 03:48:21 PM
 #58


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

There is only one meaning, and this is..
https://en.bitcoin.it/wiki/Provable_fairness

Quote
Provable fairness refers to the technology used by bitcoin casino and gambling sites to verify the outcomes of their games. This allows players to confirm that the outcomes were true and fair without any adjustments or manipulations by the gambling sites between when the bet was placed and when the outcome was revealed.

Only people who do not understand the meaning of “provably fair” would twist it or immediately assume that a casino is not fair.

However, not all games can be verified directly by players. For example, most popular slot games use RNG, but they do not provide information such as server seeds or similar data.

These games are still tested before they receive a license, so in this case, it becomes a matter of trust.. trusting the regulators and the companies that test and approve the games.

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Today at 04:01:03 PM
 #59

What about you? What do you think about provably fair language from casinos?
It needs to be understood correctly, online casinos are often called businesses, industries or companies, every casino owner has to spend real money for several things, so that the casino can operate smoothly without regulatory problems.

Basically as we know, every casino that has Licensing and jurisdiction, licensed, Reputation and reviews, as well as audit measures operates in general they are "fair" in calculations and randomness and also do it transparently.

However, it should be emphasized that casinos are designed to attract more users to place bets, they design users to continue placing as many bets as possible, meaning that gambling is designed as a form of "game" where every game activity has a winner and a loser, when you win you are paid fairly and when you lose it is a profit for them, the fairness of every reputable casino lies with the user when playing/betting.
Have you ever seen and heard of casinos paying users millions of dollars, when they win in the game, is it fair and have you ever seen and heard of users losing millions of dollars, without payment and not fraud.

Fairness lies with the gambler himself when carrying out gambling activities, the casino only provides the means to play, we ourselves create fairness, to win and get paid.

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Today at 04:01:43 PM
 #60

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?

The fact is that whether it is probably fair or not, I don't think it possible for the casino to dictate the outcome of a game. But sometimes your instinct doesn't lie, in a situation where you continue loosing again and again, the best thing is to vacate from that casino, or better still quit. Every legit casino has rules that govern their business. Your cousin may be right or wrong, but they are still casino that are genuinely using the probably fair language. Proper verification is not a problem, because it is just to enhance safety and to prevent scammers.

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