Bitcoin gambling has become increasingly popular over the years, and this is evident with the dramatic rise in the number of Bitcoin betting venues all over the world. But what really sets this apart from other gambling sites like online casinos is the concept of provably fair.
You may have already come across this term while browsing through several Bitcoin gambling sites; that’s because this is a key feature that all gamblers must take note of before playing casino and other games online. In fact, without this, a gambling venue may fail to attract players and very well result in quitting the industry.
Understanding what this really means may take a while; after all, this is a rather new concept that is nonexistent in online and brick-and-mortar casinos. As such, there’s no need to fret if you find its concept confusing or ambiguous.
To explain it using simple words, provably fair is a system or a mechanism that disallows both the players and the casinos to cheat in any kind of game. As long as the Bitcoin gambling site utilizes this function, you no longer have to doubt the dealer for your every loss. So, whether you’re betting on Bitcoin blackjack or any other game online, you can be confident that the result is fair and accurate given its fairness is provable.
However, how does the provably fair system work, you ask?
Well, unique to this system is the process that involves cryptographic hash functions that methodically transform data into strings. These strings are what we simply call hashes, which are composed of a series of alphanumeric characters. Remember that these hashes are unbreakable as strong hashes cannot be decrypted even with the technology we have at present. In effect, extracting the data contained within the hashes is impossible.
As such, you may encounter Bitcoin gambling sites proudly informing their players that even their dealers have no control over the outcome of the game. In fact, these dealers have no idea about the order or sequence of how numbers are generated randomly. Given its nature, you can bet that a round of blackjack, dice, or roulette among many others solely rely on the original data that has been turned into hashes.
Depending on the gambling venue, you can verify a game’s fairness using different methods. One way is through the combination of a server seed and a client seed. You can verify the result of your game by checking if the revealed server seed matches the hash.
Another way to check for a game’s provable fairness is through the daily secret hashes that are published the following day. Simply use these hashes to calculate the random number result and verify if the results were fair and accurate.
However, operators must ensure that the provably fair feature on their site is foolproof to avoid instances like when Primedice was tricked by a player who found a workaround on the dice site’s feature.
Indeed, because of the ability to provide ways for fairness verification, Bitcoin gambling sites that offer provably fair Bitcoin games have become the latest craze in the online gambling scene. It’s concept of provable fairness is definitely a great feature that makes Bitcoin gambling more fun and reliable.