Understanding the term ‘Provably Fair’
Everything you need to know about the term ‘Provably Fair’ at Housebets.
Everything you need to know about the term ‘Provably Fair’ at Housebets.
If you love playing games at online casinos like Housebets.com, you must have asked the question if the outcome or result you get is not being tampered with.
In fairness, it is normal to have this thought or reaction because, unlike bets on traditional sports like football or basketball, you do not see how your bets are determined when you play casino games.
At least with football, tennis or basketball betting, you can watch the game to see who messed up your bets as games are not predetermined.
With casino games like slots, you do not have the opportunity. You just have to accept whatever the machine shows you.
Given the secrecy of online casinos, where Random Number Generators (RNG) determine game outcomes, it’s normal for bettors to be curious.
However, to allay any doubt or fear that users may have, online casinos like Housebets adopted the Provably Fair Technology.
What is Provably Fair?
Provably Fair is an algorithm that independently checks and verifies a crypto casino's fairness towards its players.
What Provably Fair technology does is that it uses cryptographic hash functions, which most online casinos use, to generate raw data for a game a user wants to play.
This data could include bet outcomes, reel positions or deck orders in a card game. With this, the bettor can look at the hash and compare it with the game data after playing the game to check if the outcome was indeed fair.
If hash and game data match, then it’s indeed fair.
How does the Provably Fair technology work?
The Provably Fair Technology starts with the online casino generating a unique seed and numbers before turning it into a hash code.
After getting into the game, the user also generates an independent seed which the casino cannot see.
Following this, the game starts, with algorithms determining the game’s outcome, using both the casino and the gamer’s seeds.
Then after the game, you decrypt the hash code the casino generated with your seed. If the two codes match, then the game is fair.
Advantages of Provably Fair
- Transparency: If there is no Provably Fair technology, there will be no way for players to verify the fairness of their bet. However, with Provably Fair, players can verify if the outcome of a game is fair.
- Trust: Given it provides transparency, Provably Fair also helps players to trust online casinos.
Do Housebets have Provably Fair Games?
Yes, Housebets have Provably Fair Games for transparent thrills. With Housebets, you get to experience the next level of gaming with our provably fair games. This ensures that every generated number is truly random and free from manipulation. Dive into a world of transparent and secure entertainment.
What are some of the offers available on Housebets?
- Provably Fair House Games
- 10,000+ Slots with exclusive bonus buys
- VIP Sportsbook with high limits & instant settlement.
- Staking our token to earn $ (coming soon)
- Crypto Futures (coming soon)
- 200% welcome bonus
- Referral bonus
It does not end there. Housebets also have a wide range of games, including popular games like slots, poker, and blackjack. The platform is also licensed and regulated by a reputable authority, the Government of Curacao. This means we operate within legal boundaries, which is fair to our users.
How do I deposit to fund my bets at Housebets?
It’s easy and simple as long as you follow the simple steps below:
- Go to Housebets.com
- Log into your account or sign up if you don't have an account
- Click on Wallet
- Click on Deposit
- Click here to view and select your preferred Cryptocurrency
- Choose your preferred Cryptocurrency and network
- Copy the Wallet address or scan the QR code and transfer from your wallet.
- Coins will be deposited automatically after 6 network confirmations.
Why should you choose housebets?
Housebets has some of the best offers on the site and amazing bonuses including, a 200% welcome bonus and a chance to pre-mine $1M of tokens. Also, you get to enjoy easy transactions. You can deposit into your account with any preferred currency of your choice with a fast payout option on winnings.
There is a wide range of casino games to choose from. In the sportsbook section, you can also bet on live events, tennis, American Football, Soccer, Basketball, and other sports.