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Are there any reputable casinos out there that record transactions and bets on the blockchain, truly embodying the essence of the blockchain algorithm, as opposed to simply using it as a payment system?
I'm interested in discovering any quality crypto casinos that record transactions and bets on the blockchain for players to see.
There are many crypto-based casinos offering their "originals" such as Crash, Keno, Limbo, HiLo, Dice and many more similar, simple but addictive games.
These casinos claim the results of bet for each server seed combined with client seed and the specific nounce are generated upfront and are not manipulated in any way nor they can be changed until you change your seed/s. These casino's will have Provably Fair badge on their site and will give you detailed explanation on how to check the results for each seed you used (for past and future nounces that you didn't play). Of course, the server seed will be revealed to you unhashed and checkable only when you change to new server seed.
All of this is possible to check with their but also with 3rd party tools.
The best rated here at CL is Bitstarz, as I can see.
Other well-known to me are Stake and Roobet, there's couple of others that I do not want to metnion since I they seem like they're doing a lot of shady stuff in order to make sure you don't win more than XYZ after certain time/level achieved.
What I like most about Stake is instant, and I mean really instant WDs.i.e. if you play with TRX, it's literally seconds when withdrawing till you get it to your wallet.
What I don't like at all when it comes to Stake is, they started promoting streamers a lot, giving away a lot on social media, to non-regular players (I hope they're players, not fake accs), and plenty of people including me, feels like majority of RTP goes to streamers.
Still, with (strictly) limited budget, low bets, you can have fun but also win a lot. Of course, with no strict limits, you can get screwed as anywhere else. 🙂
2 CL-Ed, Oliver Davis
Hey, stoked to meet someone into crypto-based casinos like you! Saw on your profile that you're into blockchain too, pretty cool!
But, I gotta say, I think I might have some different views on decentralized blockchain verification.
Firstly, their assertion that they generate the results upfront is not verifiable in real-time. Indeed, they reveal the unhashed server seed, but only once you've elected to change it. This is somewhat analogous to providing evidence of fairness only once the game has concluded and the opportunity to make alterations has passed.
Furthermore, there is an implicit requirement to trust that the seeds and nonces are indeed random and free from any external influence. Unfortunately, there is no tangible way to substantiate this. Their assurances hinge largely on good faith, which may not always be a sufficient guarantee.
In conclusion, while the concept of "Provably Fair" gaming may seem impressive and they are indeed using the appropriate terminology, it does not provide an unassailable guarantee of fairness. It still necessitates a certain level of trust in the casino. In the realm of blockchain, trust should be intrinsically linked to the integrity of the code, not simply the assurances of individuals.
I could be wrong, of course. What do you think from my perspective?
Nice to meet you Robert.
I'm actually pretty skeptical too about the provably fair concept that these casinos are bragging about and using to lure players into gambling.
First of all, the name they come up with: "provably fair" is completely deceptive.
What does fair represent?
What's fair? Respecting the RTP% ?
Then, when these sites are explaing provably fair, they are saying that the results can be checked and cannot be manipulated. Utter bullshit, if you ask me, because this would mean they cannot set the house edge % and they just let the luck get them their profit. Never seen a house is doing the real gambling and risking their % of profit that is guaranteed.
I'm saying this because the games they promote as PV start acting completely different when you increase the bet size dramatically. At that point, even if you play low risk odds at dice i.e. you'll see that number of losses in just 100 rolls gets increased at least 3-4x.
The bet amount is most probably also used to calculate the results, because without using it, they'd never be sure in guaranteed profit for the house. Immediately, it becomes unfair.
I'm sure that for different bet size, you would get different results, on same seed an same nounces (rounds).
This is way their statement "it can't" be manipulated is not true. Even if it 's not manipulated during the game session, they could still manipulate with the results simply by creating a lot more server seeds that will have 100x more 1.00 result i.e. at popular Crash game, and inserting them into their game to make sure players lose more often.
However, I don't think they do exactly that in multiplayer games since it's easier to notice when more players are experiencing same thing. I do believe they are doing it on single player games, and they do it periodically on individual basis:
Create seeds and test them to make sure they'll provide enough losing results for player no matter what client seed is used, then make sure players that were in profit for long or lifetime at casino get these seeds when they ise change seed option.
Plenty of things are not clearly explained and are hidden bt casinos, a lot of suspicious stuff going on. I experienced weird situations, i.e. being in profit for 14 months, then can't rise my balance over $500 no matter the deposit I make. Even if I deposit $400, play a game, get to $500, and start losing. Deposit $100, I get to $500 and then start losing again. Like some kind of limiy on the account, because "hey, this on was in profit for long, let's get him to 0 or loss" algorithm exists there imo. Not just imo, but many long time players experienced this. And that lasts for months, till they turn off the Limit winning/Lose mode switch.
Provably fair should definitely change name.
Something like "Surely unprovable", "Probably unfair", "Provable Fail", "Profit Fucker"… 🙂
I know of one case already where a "provably fair" casino was caught out being provably unfair because it was only generating the hash that you could check if the player actually bothered to check. i.e. it went into "provably fair" mode when the player was checking but not when they weren't. And who has the time and patience to perform a manual cryptographic hash check on every single wager? It is one of those things that is nice in theory but reality makes it impractical and open to abuse due to a false sense of security.
I am not convinced that a blockchain provides any utility aside from being an immutable, trustless ledger of something valuable (like Bitcoin and money). There are thousands of shitcoins that do nothing other than something that can be done better and faster using a database instead of a slow, bloated, distributed ledger.
You could also just run an open source casino where everyone could audit your source code. No-one has done that as far as I am aware.
This opinion might be controversial but here it comes: most gamblers don't care about source code or provable fairness or the technical wizardry of distributed blockchains. They just want to be entertained and hopefully win some money. We have articles on here about rogue casinos and cheating software suppliers warning people not to play their games but we never ever run out of people complaining about being ripped off or telling how awesome the newest game from a rogue supplier is. It sure is frustrating but I think it is truth.
I guess that is a long way of saying that I don't know the answer. But one thing I do know is that if a blockchain wagering game is not as pretty and entertaining as a slot machine at a regular RNG casino then I doubt very much that people are gonna play it. Then again maybe Satoshi Dice already proved me wrong on that count 10 years ago.
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Well summed up.
I'll just add that the games like Dice, when you start playing it, make you more addicted than any slot. Same as Crash, Limbo, since they give you a false feeling that you're in control based on option to choose the win amount, and an option to play at "low risk" by betting at 1.01 results at limbo and dice, and cashing out at same on Crash.
Add the fact that you have theoretically a "no-loss strategy" for any of them (martingale, reverse mart.) and, there you go, you keep coming back because "it has to hit at some point".
By the way, all strategies work. Also at some point. Until they stop.
i agree all that "its random " or "provably fair" fair my ass. if it was fair we wouldn't always be on the loosing side.No casino is going to let u play their sites on pure luck.
We will never know what actually goes on behind the scenes of cryptocurrency casinos, but one thing is clear: casino always has advantage. 🤑
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