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Provably Fair: A Safe Way To Gamble With Crypto

With the rise of cryptocurrency, a new type of online gaming has emerged: crypto games. And when it comes to online gaming, trust is key. As no one wants to feel like they’re being cheated, game developers have always had to be careful about how they run their games. That’s where provably fair comes in.

Crypto games are based on blockchain technology and cryptocurrency wagering. Because of this, players need to know that the games they’re playing are fair. Read on to learn more about the technology that ensures game fairness and why it is indispensable for crypto casinos.

Provably Fair – Definition and Use

Provably fair is an algorithm that allows players to verify the fairness of a game. It guarantees a game is not rigged, and the odds are truly fair. The algorithm also helps to build trust between developers and players, which is essential for the growth of this nascent industry.

The provably fair technology uses cryptographic algorithms to prove that a game is fair. These algorithms are open source, so anyone can check them to see if they’re working correctly. A game’s developers use these algorithms to generate a random seed, which is then hashed, and the hash is published.

How Does Provably Fair Work?

This blockchain technology can be used in different ways. We will focus on the most common and transparent way of using it for gambling. The process relies on three variables that determine the outcome of the game and can be verified following the game:

  • Server seed, which the casino produces and sends to the players before the game
  • Client seed, which is provided by the browser or server you play on
  • Crypto nonce, which changes as the game progresses

Before the game starts, the player receives the server seed created by the provably fair algorithm. The seed comes to the player hashed, i.e., its initial version has been encrypted to prevent the player from reading it. The seed’s unhashed version contains information about the game about to be played, such as the order of the cards in the deck, the number that the dice will show, or where the roulette ball will land.

The server seed and the client seed interact to create data for the game to be played. This means the casino can’t change the game and doesn’t know the outcome since the client seed is part of the encryption.

The client seed is the provably fair system element you can customize to lower the chance of interference and scam. Think of it as taking a deck and physically shuffling it. For example, if you’re playing blackjack, the order of the deck is predetermined before you get your hand, just like when playing with a physical deck, and you can verify this after the game.

The crypto nonce starts from 0 or 1, depending on the casino, and the numerical value rises by 1 for every hand or roll played. It is added to the encryption alongside the server seed and client seed. The nonce comes in handy to compare and verify different hands or rolls played during the game.

Is Provably Fair Safe?

Once the game is over, you can trace the unhashed version and verify that all the hands in the game are in the same order as when you played the game.

This technology is safe, but if you want to avoid scammers, the first thing to do is to find a trusted platform where you can feel safe as a player based on the experience of previous users. Second, you should double-check the data you get from the casino to ensure it is used in your game.

You want to make sure the hash you received corresponds to the unhashed version, which you receive after the game. The unhashed version will always produce the same hashed version, which is how you verify you’ve received a regular server seed.

The best course of action is to find an online tool, for example, a provably fair calculator, and input the unhashed key to see if the results match. Of course, you can do this manually, but with the tools, you only need to check if the results for the nonce in the simulation match those you had during the game.

Why Is Provably Fair Important for Cryptocurrency Games?

One of the benefits of provably fair for casino games is that it increases transparency in online gaming, especially when cryptocurrencies are involved. Before the fairness standard was introduced, there was no way of knowing if an online casino was cheating its players or not. With the encryption system, however, players can now verify that their game was fair and that they had a fair chance of winning.

What Are the Advantages?

Before the provably fair technology was introduced, online casinos only used random number generators, and players could not verify their hands following the game. The use of a random number generator requires commissioning a third party to check the regularity of the casino’s business conduct, which can’t compare to the security measures you get with provably fair games.

The provably fair algorithm and blockchain technology make the process public, eliminating the need for third-party verification. The hands are kept in hash until the end of the game when players can verify them.

For their part, provably fair slot games offer some of the highest return-to-player rates in casino games. There are even ways of determining your chances of winning based on RTPs on slot machines.

Bottom Line

Provably fair gambling is more secure, fair, and transparent than the system using a random number generator and third-party verification, which the casinos have used for years. Of course, even though the algorithm-based technology is generally safe, you should always be on the lookout for scammers and try to use reliable platforms for gambling.

If you plan on patronizing online casinos for crypto gambling, always opt for those using the provably fair technology, which has the upper hand when safety and fair odds are concerned.

FAQ

What is provably fair for Bitcoin casinos?

In traditional gambling, it is difficult for players to verify that a game is fair. However, with the provably fair systems for online crypto gambling, players can be certain that the odds are not stacked against them.

Crypto gambling is becoming increasingly popular, partly thanks to offering players a more transparent and secure experience. Bitcoin casinos are leading the way in provably fair gambling as the technology is well-suited to Bitcoin’s decentralized nature.

How does provably fair gambling work?

This form of gambling is designed to be fair for both the player and the casino. In traditional gambling, there is no way of knowing a game is truly fair. Following a provably fair game, players can verify the game was fair using mathematical algorithms. This type of gambling is particularly popular with online casinos as it helps to build trust between the casino and the player.

How do you use provably fair?

In the gambling industry, provably fair refers to an algorithm used to verify that a game was not rigged in favor of the house. There are a few different ways to use the algorithm, but they all involve creating a hash of the game data and then comparing it to a server-generated hash. If the two hashes match, the player can be sure that the game was fair.

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