Post
Topic
Board Project Development
Re: If I wanted to start a Bitcoin casino... [will pay for help]
by
mc_lovin
on 23/01/2012, 23:24:42 UTC
Will your casino be security validated by a approved 3rd party ?

Its fairly easy to fire up a few games, but just like when secondlife was young, without validation, the users dont know how fair the games really are.

ie. its pretty easy to detect a user using double bet attack, and let them succeed a few times, before locking them in for a 50x lost bet.

In the real world slot machines are required to display their current payout pct, and it needs to be above xx%, but still if noone verifies the machine/script, you could print 99% payout pct and in fact payout less than that.

If users cannot trust that they are being treated as fairly as any other real life casino, I dont see it taking off bigtime.
Absolutely.  If there is a way to have a 3rd party approve it that would be the most legit way to do things.   I want to do this right.