Trust has always been a big issue for online gaming. From poker to lottery, from sport betting to slots machines, there are always been strong doubts about the fairness of money games and their operators. Regulations and licensing probably helped, but globally failed to solve the problem.
In the UK, despite a very strong gambling culture, only 33% of players trust that the games they play are fair — and this number has been steadily dropping for years (2017 study by the UK Gambling Commission). And it’s the same for specific games. On the biggest poker forum, in a debate raging for 5 years over 3300 pages, more than a third of players contend that “online poker is rigged.” Whether it’s the case or not is not the point. The fact is that, so far, there was no real way for operators to prove they are trustworthy, and for players to confirm it.
Cryptography and blockchains change this statu quo. Through simple and transparent mechanisms, the players can now see by themselves that random draws are actually random. They can be sure that nothing has been tampered with or altered after their betting. They can even calculate by themselves the house edge, and compare it to what operators advertise.
Added to that is the conveniency and instantaneity of cryptocurrencies. Anybody can deposit and withdraw crypto-money in seconds and without any intermediaries. And in some cases, there is even no need to deposit money: decentralized apps (dApps) simply and securely connect to the player’s wallet, and keep track of everything happening on blockchains.
For all this reasons, crypto-based provably fair games mark the beginning of a new era in online gaming. And it’s huge paradigm shift.
No more doubts. No more dubious RNG (Random Number Generator). No more need for independent agencies supposedly auditing the fairness of operators, without anyone being able to verify anything. No more talking, half-convincing arguments or pseudo-labels. And no need for anybody to trust anyone. Just facts and mathematics, in a trustless world where everything is recorded on blockchains, for everybody to see.
A game is fair when anyone, anytime, can verify by himself that it was — through indisputable, inalterable, and transparent mathematical processes. As we said, it’s a new era.
Welcome to a provably fair world!