The Provably Fair algorithm was designed in order to increase customer trust towards online crypto gambling. Such games satisfy the demand for transparency and fairness that exists among the users of crypto casinos. As usual, there are specific features and issues that outline both positive and controversial sides of the idea.
Benefits of Provably Fair games
The Provably Fair mechanism provides a decent alternative to more traditional ways of ensuring that gaming software is fair, which often falls to third-party testing companies. Regular players usually cannot confirm that such a company is actually «independent» while it has already done all required testing for a game. Furthermore, the very fact of testing is quite difficult to establish. In the case of provably fair games, any person can check the outcomes on their own, and it is a common practice for websites to prepare some guidelines explaining how to do that.
The implementation of such a mechanism in casino games usually makes them look more attractive to casino players. It is particularly important if you consider the fact that provably fair games are found in cryptocurrency casinos where the audience has a rather cordial attitude towards everything cryptographic and verifiable.
Many players point out that Provably Fair games often have a lower house edge. As the result, a player receives a higher percentage of their winnings on average when compared to some other casino games.
Since there is no need to undergo a series of tests by independent companies, new games may show up in the casinos much faster. The Provably Fair mechanism may become an alternative to multiple tests that determine whether the random number generator and the game itself work as planned.
As the result, the Provably Fair gaming sections often contain the games that you would seldom see in regular casinos. Games like Aviator and Plinko by Spribe are good examples. Besides that, there is a trend among bitcoin casinos, which is making their own games with the provably fair feature.
Provably Fair drawbacks
Perhaps, the biggest drawback of the provably fair algorithm is its complexity. A really big number of users would frown when hearing words like «hash value» and stop trying to understand how to check whether the game is fair. Besides, there are also a lot of people who do not understand what hash string verification has to do with the casino’s honesty towards players.
In some cases, the presence of Provably Fair games may create an illusion that your bets are safe and protected. While the equality of both hash values you receive will certainly prove that the casino does not change the result based on the bets a player makes, it still does not rule out other ways to swindle people.
A casino can also be defenseless in the face of hackers. It is especially true with newer crypto gambling sites, which could have been made in a make-do fashion. Larger casinos spend more money on the adequate protection of user data and funds.
Unfortunately, there are cases when the casino representatives are downright scammers themselves. The games with the Provably Fair algorithm could be just a distraction. That is why it is important to play games only in well-recognized casinos and follow the most important news from the crypto gambling world from time to time. Checking the user reviews on a regular basis will also increase your chances to avoid taking the scammers’ bait.