Why and who needs Provably Fair: what is it and how does it work?
Experienced players who aim to win at online casinos choose only licensed establishments that guarantee fair payouts.
Are you an experienced player, or do you want to play free slots for fun? It will be helpful for you to get acquainted with the Slotsup catalog, which contains only proven and reliable casinos.
But the gambling industry is constantly evolving and keeping up with modern technology, resulting in more and more crypto casinos accepting bitcoins and other coins.
Such activities do not involve any licensing for several reasons. One is the need for more verification of the user who bets on crypto.
So, what do people who prefer to play for cryptocurrency tokens do? How do they get a guarantee of transparency in the results of rounds? After all, special controlling commissions check licensed stable platforms, but crypto casinos are not subject to such control.
The solution was found – a Provably Fair system. The article will tell you what it is and how crypto slot casinos work. The technical terms can be found at https://simple.wikipedia.org/wiki/Provably_Fair and get the complete information.
What is Provably Fair
Provably fair gambling has become a real trend in the past few years. More and more online establishments are connecting to this system, allowing their players to verify the randomness of each round independently.
This technology is based on cryptography and directly on the blockchain with the SHA-256 encryption algorithm on which Bitcoin operates. It stipulates that no one can influence the game’s outcome, including the casino and the player.
Three variables are used for this purpose.
| Server Seed | Generated random number on the online platform, consisting of a short hash code using the SHA-256 algorithm |
| Client Seed | Client component generated from the user's browser even before the start of betting |
| Special cryptographic number | Increases after each bet, and the Server Seed becomes 0 when the bet is annulled |
So, the result of the game is formed before it starts, but the player needs to have the opportunity to know it in advance because a random number is added to the hash code – Secret. This code is sent to the user in encrypted form until the round ends.
The advantage of the technology is that the verification takes little time and is carried out within 5-10 seconds. You don’t need special skills to use third-party resources; just read the brief instruction:
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1) Copy the hash and paste it into the verification window.
2) Click Generate and wait for the result.
Any online casino visitor who can read the step-by-step instructions can cope with this task.
How to check the results
Gamblers who test new slot machine games or run familiar games even before the end of the draw receive an encrypted hash. Once the bet is played, a new item called “Final Result,” “Verify,” or something else appears, depending on the provider.
The gamer receives a decoded version by pressing the key, which he can compare with the first one sent before the game. To do this, you can use the following:
- built-in service;
- third-party resources for even greater confidence: QuickHash or analogs.
As a result of the verification, both hash codes should be identical – this is a sign that the randomizer works honestly and that there has been no tampering.
Why do the codes have to match? It is straightforward: since the game’s result is predetermined in advance, no one can affect it. Any actions will immediately appear in the code, so the initial will differ from the final one.
Where to look for slot gambling online Provably Fair
Visitors to online casinos more often choose this way to check the integrity of slots because they trust cryptographic technology. The operators of institutions are aware of this, but only some sites provide such an opportunity.
Today, you can play slots with Provably Fair only in crypto casinos, which use blockchain technology, and not all of them.
Most institutions offer their developments with provably fair, while brands like NetEnt, Playson, Betsoft, and many others adhere to licensing and control by reputable laboratories.
If you want to play slots with Provably Fair, it is enough to look through the casino’s information or read the game’s characteristics.
The presence of such a system is always indicated in the description so that every visitor can play honestly and transparently.
Provably Fair in sports betting
Integrating such a validator into lottery draws and online slots is easy enough. However, another thing is a bookmaker’s office.
Its activities are related to predictions of events not discovered in advance, so the original hash code cannot be provided. If you want to know more about the betting company – read https://www.britannica.com/topic/bookmaking-gambling and learn more new things.
But solid, advanced institutions have found a use for Provably Fair in their work. With the help of technology, the automation of some processes, such as smart contracts, is being developed:
When you make a deal with the bookmaker, a hash code is created, which confirms that the bet corresponds to its original value.
In other words, if you made a smart contract with the bookmaker and won the bet, the office cannot fake its value, indicating, for example, that you did not make that particular bet.
You will have the hash code as proof, and if your bet were not changed from the outside, it would be identical to the one that followed.
While few betting companies still provide such a service, advanced bettors will likely contribute to developing provable honesty in the betting industry.
Decentralized betting
This type of sports betting is gaining popularity against some fraudulent activities of unreliable portals. The platform has an open code, and betting is fully automated.
A blockchain system is integrated into such platforms so no one can change the original bet. Players also receive payouts automatically, according to the odds and deposit amount.
This type of sports betting is gaining popularity against some fraudulent activities of unreliable portals. The platform has an open code, and betting is fully automated.
A blockchain system is integrated into such platforms so no one can change the original bet. Players also receive payouts automatically, according to the odds and deposit amount.
Conclusion
If you are looking for new slot games, all you need is to find a list of latest released games, and you do not have to worry about the establishment’s reliability, transparency, and honesty. However, today, there are a lot of new casinos that need to be checked for reputation and rating.
The Provably Fair system has proven to be a reliable cryptographic technology with many advantages. Those sites that care about their reputation try to provide maximum evidence of their openness and implement innovative solutions.
