Post
Topic
Board Gambling discussion
Re: Do you trust to bitcoin casinos?
by
hatshepsut93
on 19/08/2016, 19:03:03 UTC
Do you really trust online bitcoin casinos you play at?

I think all lost in casino, except the owner.

If you mean that they don't cheat, most of bitcoin casinos have provably fair system, which allows you to check bet outcomes independently (although it become less secure in more complicated games, for example card games.)

On the other hand, there are risks than bitcoin casino will get hacked, seized by police or it's owners may simply vanish with all player deposits and investments. This is the risk with any Bitcoin services (like the most recent Bitfinex hack), so you can only minimize it by storing your money only in sites with the best reputation.