If you bet with crypto at Bet999.io, you probably don’t need to worry about fair outcomes. However, this is not the case for everyone, which is why Provably Fair came to be. It revolutionized the online casino industry because it eliminates the possibility of rigged results. In this article, you’ll get to know everything about it.
What Is Provably Fair Gaming?
Many industries build their games with Provably Fair mechanisms, but what does that mean? In a nutshell, it allows you to verify the results of a game without relying on any third parties.
To understand the details of Provably Fair gaming, you’ll need to consider other factors. However, you must know about the concept’s history first.
This technology has been around for almost a decade. During most of that time, it was only available for cryptocurrency bettors, most commonly in the form of dice-based games.
Provably Fair was crucial for crypto bettors because when the cryptocurrency gaming market began, most platforms didn’t have a license. They used games without certifications and did not rely on any regulations.
Since most of the operators were anonymous and primarily relied on new crypto casino games, there were inherent trust issues.
With Provably Fair technology, investors were able to have peace of mind because they knew the casino wasn’t stocking against them.
Over the past few years, some developers and game providers have expanded their options to include Provably Fair mechanisms. In addition, they also offer slot and table games instead of just crash or dice.
Nowadays, more and more bettors are inclined to place bets because they know the system is being fair, and it’s all due to Provably Fair.
Why It’s Relevant for the Gaming Industry
If you’ve ever placed a bet and lost, you’ve probably experienced the feeling of believing you were playing a rigged game.
Even if a trusted brand was hosting the game you were playing, there used to be no way to determine whether or not they were scamming you.
In some cases, websites used random number generators (RNGs) that had certifications from other sites. Deep down, you might’ve thought you weren’t actually a victim of cheating. Even so, losing probably didn’t feel good.
With Provably Fair, you can know with mathematical certainty whether you won or lost fairly. Therefore, there’s a way to check the game for malfunctions or rigging.
Outside of providing bettors with some trust and peace of mind, Provably Fair mechanisms are also a rational utility for operators.
A game malfunction is one of the worst things that can happen to operators. When it takes place, a player might mistakenly believe they’ve hit the jackpot.
If it happens, the operator will most likely have to face turmoil regarding public relations. They might even have to deal with a lawsuit.
Even if operators reside in places with laws for malfunctioning games, they might still be at risk. No casino wants a reputation for ‘not paying out.’
However, Provably Fair mechanisms ensure that all outcomes are accurate. If operators combine them with smart contracts, they’ll be able to decrease the risks of a malfunctioning game.
The Key to Provable Fairness
You need random results to have a fair casino. If you’re rolling dice, for example, you have a one-in-six chance of getting a one, a two, and so on.
The logic applies to every roll. It means that regardless of what you got last time, you still have the same chances, and neither you nor the casino know how things will play out.
Physical dice are random by design, and they will always be unless you use a crooked one. However, online casinos need other strategies.
To show the number you get on the dice, online casinos use random number generators. These technologies use entropy values (chaos) like your mouse’s micro-movements to generate a string of numbers.
Companies responsible for providing casinos to gamers must constantly evaluate what they use to generate numbers randomly. Nonetheless, with Provably Fair technology, you can also verify the outcome.
How to Verify If Your Game Was Fair
Most casinos include their own tutorials and verification methods, so it depends on the site you’re playing in. At the core, they boil down to allowing you to check the randomness for yourself.
To do that, you must first consider the difference between blockchain and crypto casinos. The latter rely on cryptocurrencies as a form of payment, whereas the first ones use blockchain technology (and they’re usually Dapps or decentralized apps).
Both blockchain and crypto casinos can use Provably Fair technology. However, the difference is in how you check for fairness.
When it comes to crypto casinos, the way you check for fairness will vary a lot depending on the website you’re playing in and your game.
Nonetheless, things are much simpler if you’re playing on blockchain casinos. Since they take advantage of the smart contracts in platforms (for example, in EOS, Ethereum, NEO, and TRON), they use them to build games that will rely on an overseeable code.
People can audit the code in a much more robust manner, which will also occur with any transactions happening on the blockchain.
Instead of players checking each round, a specific software could audit and determine that no foul play took place. Then, experts can perform periodical checks to guarantee that the code remains intact. Overall, it’s a much better alternative for players and regulators because it’s much more straightforward.
Final Thoughts
If you choose to play in a renowned casino, you most likely don’t need to worry about checking to see if your outcome was fair.
Unfortunately, this is not the case in every site. The good thing about Provably Fair technology is that it revolutionized the online casino industry and will continue to do so because it ensures that people get fair results.
Provable Fair gives you peace of mind. Therefore, relying on websites that use this technology is often the best option because you can check your results if you want to and know they’re trustworthy.