CRYPTO CASINOS
A Provably Fair future
Roy Bannister, media expert and publisher of leading gambling trade magazine, Gaming for Africa, highlights how crypto casinos can build trust and protect players with Provably Fair games.
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n the realm of online gaming, nothing holds greater importance than establishing trust and safe-guarding player interests - this builds brand awareness, elevates an online casino’s esteem and reputation in an environment often viewed with scepticism and most importantly, creates and perpetuates player loyalty.
As traditional land-based gambling embraced new technology and moved into cyberspace in the form of online casinos, many of the hurdles faced by these early casino pioneers in becoming trusted online operators are repeating themselves as crypto casinos vie for their rightful place in the online space. Online casinos had to overcome the triple
12 DECEMBER 2023 GIO
challenges of fostering trust and a widespread belief that their casino games were fair, that winners’ payouts would be honoured and the payment mechanisms used to transfer money into and out of players’ bank accounts actually worked. Crypto casinos increasingly face these same challenges - in part also driven by the average players’ lack of understanding of exactly what cryptocurrency is and how it can be trusted.
The lack of a mechanism to determine true randomness of a game outcome as used in RNG (Random Number Generation) - the certification used by reputable online and land-based casino games - the desire for crypto casino operators to be viewed with
equal trust has given rise to Provably Fair games, powered by the unerring technology of cryptocurrency.
These revolutionary concepts are not only redefining the gaming landscape but have also introduced an unparalleled level of player protection and trustworthiness. In fact, crypto casino operators can argue that Provably Fair is a step beyond RNG, in that players can verify the randomness of the games on their own.
WHAT EXACTLY IS PROVABLY FAIR?
In this comprehensive exploration, we delve into the realm of Provably Fair games and the symbiotic relationship they share with
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