One thing non-gamblers will never understand about the gambling industry is how much users hope for transparency and fairness in their games. For a while, players have had to ponder whether the games they engage in are fair or if they were just spinning the virtual roulette wheel in a rigged casino game.
However, with the rise of cryptocurrencies, online casinos are making more extensive efforts to infuse Bitcoin banking and blockchain technology to ensure a fair online gaming experience, and provably fair games have found the magic bullet.
Let’s look at how provably fair games offer a level of transparency that traditional online casinos can’t match and why you should choose them when gambling online.
Before we go right into why you should choose them, let's understand what provably fair games are.
Provably fair games are a type of online gambling game that is built on cryptographic algorithms. They run on smart contract platforms to ensure the fairness of the players' bets. These algorithms generate results that players can verify, making it nearly impossible for the casino or any external party to alter the results.
The bottom line is that an online casino can't cheat a player because the game's result is well, provable, and transparent.
Here are some reasons you should opt for provably fair games during your online gambling session;
The most important reason to choose provably fair games is the unparalleled level of transparency you can be sure to get. Before the innovation of provably fair games, verifying the fairness of the casino you were playing at was almost impossible.
Unlike traditional online casinos, where the inner workings of the games are hidden from the player, provably fair games lay it all out on the table. This results in a sense of trust between the player and the casino. You can gamble confidently, knowing the game is not rigged against you.
Every gambler worries about the house edge. In regular iGaming sites, the house always has an advantage, and you are left hoping for the occasional lucky streak. Provably fair games, however, have the potential to level the playing field. Since cryptographic algorithms usually determine the results, the house edge can be greatly reduced. This creates a more balanced gambling experience and ensures a higher chance of winning.
It is easy to get familiar with provably fair game sitesbecause they offer many of the same elements any high-end online casino offers. These include free spins, sign-up bonuses or welcome bonuses that allow you to earn free money right away, promotions, quality games, loyalty bonuses that come with cashback, and more.
With provably fair games, you can also enjoy VIP programs that allow you to earn actual rewards based on your play, not to mention the game quality in terms of graphics and immersive features that have improved over the years. The point is you enjoy all the features of your regular gaming sites but with a little more.
Online gambling often requires sharing personal and financial information with casino companies. You may configure your provably fair games to operate without requiring you to
reveal sensitive personal information. All you have to do is deposit your chosen cryptocurrency. This level of anonymity is a good bet for you if you are particular about your privacy.
Return to Player (RTP) determines your chances of winning a casino game. For instance, if an online slot offers a 97% RTP, you have a better chance of winning than one with a slot offering 94% payback. Many online casinos offer between 95-96% RTP, and blackjack variations offer 97%-98%, which is typically considered fair. But if you want an even greater chance at winning, provably fair games are your go-to. They offer up to 99% RTP. Check your game's help screen to ensure you get the best deal.
The online gambling industry is known to be fraught with restrictions in various countries. However, provably fair games, especially those built on blockchain technology, can be accessible to players worldwide. Blockchain casinos operate on decentralized networks, meaning that restrictions imposed by individual governments do not limit them.
You should see provably fair games as a solution to the lack of trust and fairness that have permeated the online gambling industry. All you need to do to raise your odds of getting a fair online gambling experience is to make an informed choice of choosing provably fair games.
With their advantages over traditional online casinos, we can say that these games are here to stay and could redefine the future of online gambling. So, the next time you consider placing a bet online, make the smart choice and go provably fair.