Provably Fair Bookmakers
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AZ team
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The casino and sportsbook sector has been evolving with considerable advancements in recent years. An increasing number of new technologies have emerged, and one of the most groundbreaking advancements in the casino sector is Provably Fair games. The conventional gaming system provided by casinos has faced considerable criticism despite the fact that the results of the games are predetermined in favor of the provider. Provably fair is a method created to demonstrate to players that the games they engage in are unbiased and not manipulated.
| Highest withdrawal limits Bookmaker | Cloudbet |
| Highest odds proven Bookmaker | Sportsbet.io |
Sportsbet.io – 8.5/10 rating
⚽ High sports odds
👔 Owner: mBet Solutions N.V.
📅 Established: 2016
🌎 GEOs: Brazil, Japan, Greece, Italy
🏛️ License: Curaçao
Banking
Min. deposit: $5
Max Monthly Withdrawal: No limit
Withdrawal time: Instant
Advantages
- Accepts players from many countries
- 24/7 live chat
- Supports Bitcoin payments
Cloudbet – 9.5/10 rating
⚽ Over 4000 slots
👔 Owner: Halcyon Super Holdings
📅 Established: 2013
🌎 GEOs: Argentina, New Zealand
🏛️ License: Curaçao
Banking
Min. deposit: 0.001 BTC
Max Monthly Withdrawal: No limit
Withdrawal time: Instant
Advantages
- Accepts many cryptocurrencies
- Loyalty and VIP program
- Big variety of sports betting
Differencies between Provably Fair Games and RTP
Provably Fair and Return to Player are key characteristics of casino games. Historically, slot games and various casino games employed the RTP method to determine game results, indicating that with a slot game featuring 94% RTP, for every 100 bets placed, you would lose 6. Certainly, this is merely a straightforward method to describe how RTP functions in theory. To statistically prove this, significantly more than just 100 bets must be placed.
Provably Fair, in contrast, gained attention with the advancement of blockchain technology. Although the RTP method is incorporated within the game’s code, it remains proprietary. The Provably Fair Method operates as open-source, as it is transparent to all participants in the game and does not involve any third party. Be sure to check out our yellow cards bookies if you are interested in betting on yellow cards.
Are There Provably Fair Bookmakers?
In theory, this concept cannot be implemented in live sports events or at live streaming platforms. The rationale behind this is that a sporting event cannot be predicted in advance. You can also consistently verify the site margins when comparing the betting odds. Nonetheless, a blockchain gaming platform that displays all the wagers placed in the market is something we would truly appreciate mentioning.
