When it comes to iGaming and online casinos, users have always had question marks in their minds. Am I being scammed by the casino? Or there are various questions such as how safe are the casino games I play. Many online gambling sites have emerged in the industry in recent years. And they all claim to offer provably fair games. However, nothing is quite as it seems.
Because although these sites say that they offer a fair gaming experience, things work differently in the background. In today’s article, we will talk about how iGaming and other online options can become more secure. We also hope to raise awareness among gamblers about provably fair. Now if you are ready, let’s take a quick look at the details of our article.
3 Important Safety Factors for the Online Gambling Industry
We can understand people’s view of online casinos when gambling is extremely risky even in physical casinos. They don’t want to waste their money and want to enjoy gambling as safely as possible. That’s exactly why we decided to talk about 3 important safety factors that users should pay attention to. Let’s start.
1. Provably Fair Casino
Provably Fair is an algorithmic system that increases transparency in casino games. With Provably Fair, which is based on a set of mathematical algorithms, you can understand whether you have been scammed or not. In short, you can measure the transparency of the games you play in the casino.
Not all gambling sites offer this technology but there are major sites in the industry that offer Provably Fair technology. Maybe you can increase your earnings if you make your gambling site choices in favor of sites with Provably Fair algorithms.
With a few simple steps, you can use a Provably Fair calculator to find out if casino games are fair.
How Provably Fair Work?
As a matter of fact, the working logic is a bit complicated. But I will try to simplify it as much as possible so that you can understand it better. First of all, there are 5 main elements in the logic of Provably Fair. Now for your better understanding, we will examine the 5 topics that Provably Fair is based on.
Provably Fair works with the logic of blockchain. First of all, the User, the gambling site, receives a seed from you. There is a special seed for your account only. This seed is sent to the casino’s own computer system and the Provably Fair mechanics start working.
Server works just like “User”. In fact, the seeds of the User and Server are delivered to the casino’s computer system at the same time. The server belongs to the casino’s server and has its own seed. Unlike User,
Server seed is encrypted with SHA-256. This encryption process is completely based on security. In other words, neither casino site owners nor hackers can interfere with your games. Because the server seed is completely hidden.
Server and user seeds go through a complex process to determine the outcome of casino games. The algorithm used in these complex operations is SHA-256. As we just mentioned, this SHA-256 algorithm prevents outside interference in casino games.
The complex number system that comes into play as customers play at the casino is called Nonce. With the introduction of Nonce, the computer creates a unique value. This naturally means the basis of Provably Fair. Most reliable crypto casino sites have to use Provably Fair. Because it is very important to ensure transparency between customers and casino management. For example, Thunderpick is a crypto casino focused gambling site. And they use the Provably Fair system in their own bodies.
2. Auditability and Licensing
It is almost impossible for unlicensed online casinos to exist anymore in iGaming and the online casino industry. Because they do not trust anyone and there are many scandals in the past. So if you are looking for a good gambling site, check if it is audited. In short, if the gambling site has been licensed by a certain authority, it means you can trust it.
Licensing is granted to companies that meet certain requirements of the gambling industry. In addition, gambling sites that receive this license agree that they will both offer a fair gaming experience and attach importance to the safety of the players.
Finally, there are certain points at which a gambling site can obtain a license. The most important of these are the Curacao Gaming License and the Malta Gaming Authority. These organizations constantly monitor objectively licensed gambling sites. Therefore, you can safely gamble on gambling sites licensed from these authorities.
Crypto gambling topics not interesting to you? Then why not check out our post 10 Amazing and Fun Things to Do Online?
3. Reliability and Cryptos
Gamblers are always looking for a platform they can trust and keep their money safe. Naturally, customers use online casino sites where they can deposit and withdraw their money quickly, easily and more comfortably. You don’t want to slow down when betting or playing casino games. For this reason, sites with slow payment methods and low security are almost never preferred anymore.
That’s why bitcoin and other cryptocurrencies come to the fore. Because you can pay very quickly even to another part of the world. Moreover, you do this in a few minutes and completely safely. In addition to all these, you can remain completely anonymous when depositing money on online gambling sites.
However, after this point, we can say that some question marks arise. Because there are many fraudulent platforms in the industry. Moreover, it is much easier to defraud a person when it comes to cryptocurrencies. That’s why you should try to choose platforms that cover the two items we mentioned at the beginning. In addition, it may be useful to investigate whether there are fraud scandals in the past of online casino sites.
In today’s article, we touched on Provably Fair casino and other security details. We have tried to provide you with a lot of information about what Provably Fair casino brings to the customer.
If you have anything to add on this subject, please feel free to leave a comment. In the meantime, if you want to move on to a different topic, we have published an article called the 10 Best Blockchain Platforms.” Maybe you want to take a few minutes to take a look. Goodbye.