What is Multiple Bet? Multiple Bet Explained.
A Multiple Bet, often referred to as an accumulator or parlay, is a single wager that links together two or more individual wagers for a higher potential payout. Each of the bets within the multiple must win for the bet to be successful. The main advantage of a multiple bet is that potential profits are […]
What is Provably Fair Slots? Provably Fair Slots Explained.
Provably Fair Slots refer to online slot machine games that employ cryptographic algorithms to offer verifiable proof of each spin’s fairness to players. In these slots, outcomes are not only generated by a random number generator (RNG) but also come with tools or methods for players to independently confirm that each spin was genuinely random […]
What is Provably Fair Poker? Provably Fair Poker Explained.
Provably Fair Poker is a version of the traditional card game, poker, integrated with cryptographic algorithms allowing players to verify the fairness of each hand played. In this context, the integrity of the card shuffling and dealing processes can be cryptographically verified. This ensures that the cards dealt are genuinely random and haven’t been manipulated […]
What is Provably Fair Gaming? Provably Fair Gaming Explained.
Provably Fair Gaming refers to online casino and gaming platforms that use cryptographic algorithms to provide verifiable proof of game fairness to players. This ensures that each game’s outcome, whether it’s a roll of dice, a hand of cards, or a spin of a slot, is genuinely random and hasn’t been manipulated by the platform. […]
What is Provably Fair Blackjack? Provably Fair Blackjack Explained.
Provably Fair Blackjack is a version of the classic casino card game, Blackjack, integrated with cryptographic algorithms that allow players to verify the fairness of each hand played. Through the provably fair system, online casinos can provide transparent evidence that the deck was shuffled randomly and that the outcome of each hand was not manipulated […]
What is Provably Fair Algorithm? Provably Fair Algorithm Explained.
A Provably Fair Algorithm is a mathematical method used predominantly in online gaming and gambling platforms, particularly in cryptocurrency-based casinos, to ensure and verify the fairness of a game outcome. Through cryptographic techniques, this algorithm allows players to verify the randomness and integrity of the result after each game round. In essence, it guarantees that […]
What is Proportional Betting? Proportional Betting Explained.
Proportional Betting, also known as the “Kelly Criterion” or “Kelly Strategy,” is a staking strategy where the bettor determines the size of their bet based on the perceived value of the bet. Essentially, the more value a bet offers, the more of their bankroll a bettor would wager. The goal of this strategy is to […]
What is Prop Bet? Prop Bet Explained.
A Prop Bet, short for “proposition bet,” is a wager placed on a specific event or occurrence within a larger game or event, which doesn’t directly affect the final outcome. Rather than betting on the end result, like which team will win, a prop bet focuses on individual events, such as which player will score […]
What is Progressive Jackpot? Progressive Jackpot Explained.
A Progressive Jackpot is a jackpot or top prize that increases each time the game is played but the jackpot is not won. Typically found in slot machines and certain lottery games, the jackpot resets to a predetermined amount after being won and then continues to increase as players make bets. Progressive jackpots can be […]
What is Zero-Knowledge Proof? Zero-Knowledge Proof Explained.
A Zero-Knowledge Proof (ZKP) is a cryptographic method that allows one party (the prover) to prove to another party (the verifier) that a statement is true, without revealing any specific information about the statement itself. Essentially, it verifies the possession of a particular piece of information without revealing the information itself. Zero-Knowledge Proofs are fundamental […]