Provably Fair Casinos

How do Provably Fair Games Work?

In an industry that believes the house never loses, being able to verify the outcome of your game and ensure there is zero manipulation makes you a mini-god! That is what the concept of provably fair gambling brings to the table. Thanks to blockchain, provably fair casinos guarantee fairness to players through a mathematical method that confirms no one tampered with the game. The technology used is compatible with any crypto casino and game. You may check out our reviews for the latest crypto casinos. Provably fair technology is a simple cryptographic hash function implemented to prevent the casino and the player from being privy to the final shuffle of a game before it has been dealt. The process requires a bit of technical knowledge. The common methods involve:

• Seed server– Normally provided by the casino
• Client seed– Created by the player’s browser
• Nonce– A multiplier that goes up with each bet. Used for identifying individual wagers.

So how does it work?

Provable fairness allows you to interrogate the game, creating a trustless gambling environment. The gambling site provides you with an encrypted code called the client seed before the game begins. Receiving this hash when the game hasn’t started guarantees that the operator can’t manipulate the outcome. It must, however, come as an encrypted code to make sure the player can’t hack and get a hint of the game result. Once betting happens, players can check the server seed to confirm whether it remains the same or was altered. This is the surest way a casino can offer fairness to its clients and hold a good reputation. It provides transparency and gives players the first chance to audit their game. You no longer have to assume a game is fair simply because the provider holds specific licenses and certifications.

Provably Fair Games in the Context of Online Casinos

No matter how big a provider is, there are always underlying issues about trust. From to time, a player will doubt whether game results in games such as slots are truly random. The chances that a product has been tampered with always seem high. Internet gambling makes it even worse as the risks of fraud are high. ECOGRA, TST, and GLI help to increase trust for fiat online casinos but do not eliminate doubt as provable fairness does. Seeing fair gameplay is better than relying on a third party to confirm that a gambler is operating honestly. Provably fair casinos make third-party certificates obsolete.

The invention of provably fair was a game-changer. Today provably fair games enjoy more trust and loyalty among the crypto community than any other games. Software providers and new crypto casinos also have a fair chance to offer games without worrying about getting expensive certifications to guarantee fairness. This means faster innovation, a more loyal client base, and eventually a new-age gaming revolution for crypto casinos.

No. 1 Provably Fair Casino: Stake.com

If you are already looking to start gambling in a site with a good reputation, you may do so at Stake.com. This is our number one provably fair casino for gambling in 2022. The popular Bitcoin operator offers numerous attractive odds in all categories of gambling products. Whether you’re looking for weekly giveaways, a top-tier VIP program, or a user-friendly provider, Stake casino will sort you. In terms of transparency, Stake casino is one of the few operators that offer 100% proof of fairness. The game selection is a collection of more than 1000 innovative games from 25+ trusted game suppliers. You will come across industry-leading names like Evolution Gaming on the list of their providers.

If you’re a sports lover, Stake.com’s sportsbook will excite you. It hosts over 20 sports across multiple markets, including most loved sports such as basketball, soccer, hockey, tennis, and rugby. When it comes to provably fair games, Stake.com hosts 16 options.

The operator only supports crypto payments, so you can be sure deposits and withdrawals are seamless. Some of the digital coins supported are Bitcoin, Ethereum, Litecoin, Dogecoin, USDT, and XRP. We found out that the gambling provider accepts more than 100 altcoins and 20 cryptos in total. Unlike most crypto casinos, Stake casino has an option for gamblers who don’t have crypto but have funds in their credit/debit card or eWallet. You can now buy virtual coins directly using FIAT currency via the Stake.com website. The minimum deposit is a $15 equivalent, so anyone can wager on this platform.

Gamblers who prefer betting from a mobile app, may be a little disadvantaged. The casino didn’t have a mobile app for Android or iOS as of the last time we checked. All hope is not lost, though. Stake.com’s mobile website is fully responsive and well optimized to give you a great user experience, like when wagering on a PC. We tested it, and there were no lags or glitches of any kind.

Lastly, having provably fair games didn’t give Stake casino a reason to bypass regulation. The operator has a Curacao gaming license to guarantee extra client security and commitment to offering quality services. The casino was recently verified as a member of the Crypto Gambling Foundation. So there is no question when it comes to safety issues. Both PC and mobile websites are SSL secured, and there’s an extra 2FA security layer to keep your account safe from hackers.

What are the Pros and Cons of Playing at Provably Fair Casinos?

Provably fair casinos are a major disruption of traditional gambling, but they don’t lack challenges. There are some notable pros and cons that you may want to know. Let’s break them down one by one.

The Problems Provably Fair Gambling Solves and Doesn’t Solve

The first Bitcoin was rolled out on 3rd January 2009 to eliminate the issue of trust between traditional banks and their customers. On the other hand, Provably fair gambling was created to offer a solution to mistrust between gamblers and operators. By introducing a method where individual gamers can verify fairness in casino games, provably fair gambling has created honest and trustless gaming and gambling environment. There are, however, a few problems it did not solve.

Withdrawal Restrictions

Fraudulent casinos seemed to have lost in the fight for fairness in gambling, but they quickly devised other methods to continue swindling client funds. You can place your bet and win fair and square, but your operator will make it almost impossible to withdraw your profits. To avoid falling prey to such casinos, check for licensing and read reviews before signing up.

Odds

Provably fair gambling ensures fairness in gameplay only. It doesn’t determine whether a game will have fair odds or not. Using random number generator technology, this type of gambling comes up with random odds, and nothing can be done about the underlying mathematics of the random odds generator. The good thing is that you can bypass this problem by understanding the house edge of a game before selecting it. Games with a poor house edge will have the random number generator give more terrible odds. Hence a player will keep losing.

Best Provably Fair Bitcoin Casinos

Picking a Provably Fair Gambling Site

There are also tons of new pure provably casinos sprouting every other day and people may easily get confused on which provably fair crypto casino to settle for. Here is a tested and proven guideline.

Your Preferred Cryptocurrencies

You may have one or two virtual currencies that you prefer the most. In that case, it would be advantageous to go for an operator that supports your preferred cryptocurrency. Some provably fair sites offer just one or two major coins like ETH and BTC, while others support a large number. For example, Stake.com accepts more than 150 altcoins and cryptos in general.

Security

Your motivation behind finding a provably fair casino is to secure your funds by engaging in 100% unbiased gambling. The security of your payment details and gambling account is also crucial. Keep in mind that there’s a hacker somewhere waiting for a chance to steal your personal information or even payment details. Only sign up with licensed providers whose websites have an SSL certificate. When it comes to storing your money, non-custodial wallets are the best. Read more about different type of crypto wallets.

What Games are you looking for?

Most casinos only offer a handful of the available gambling products in the market. There are provably fair casinos that specialize in one category like slots, or sports betting, while others host a wide variety of services. Make sure the provider you go for offers the best selection of your preferred games before going through the trouble of signing up.

Additional Features

We all love good things. So, why not look for other features that will make your gambling experience unforgettable? For example, a site that offers a more rewarding VIP program than the rest should be ranked top on your list. Bonuses may come in handy, too, when you have a losing streak. Other features like payouts, auto-betting, leadership boards, and even discord communities would make it all fun for you.

Conclusion

To summarize

• Provably fair gambling allows people to check and verify that the final results of a game are 100% free and fair from manipulation
• The technology eliminates the need for third-party auditors such as eCOGRA, TST, and GLI.
• Provably fair gambling technology is built on a blockchain network, making it inherently trustless.
• While provably fair technology solves the challenge of mistrust between the house and gamblers; there are some unresolved problems like terrible odds and withdrawal restrictions. Players should scrutinize new provably fair casinos critically before signing up.