As the iGaming industry develops and players’ demands are growing and changing, new game providers are coming to the market. Aiming at offering a unique gaming experience and innovative game types, providers come up with interesting solutions and game types. One of these is provably fair games. Online casino software developer and game aggregator, Slotegrator, partners with probably fair game developers to offer such high-quality content in demand to its clients. The company explains the mechanism behind such types of games and provides its insights and expectations from this innovative type of gaming.
How does it work?
Provably fair games promote the ideas of transparency and legitimacy as they allow players to verify game fairness themselves through a special algorithm. It generates an encrypted key with the game results and a key for verification that are both sent to the player so that he can check the game outcome at the end.
The algorithm utilizes three variables: server seed (provided by a casino), client seed (provided by the player’s browser), and cryptographic nonce (a random number that grows with every new bet).
To put it simply, there are three steps in the game result verification process with the provably fair algorithm. First, players receive cryptographically generated tokens when they start playing. The random string is created, and data is hashed with SHA-256 technology and passed to the player. As the data is hashed, the result cannot be changed.
Then, the mechanism generates a random game outcome. And last, when the game ends, players can use the token they were given to verify the fairness of the game.
Why provably fair games are effective?
Undoubtedly, operators who integrate provably fair games into their platforms notice higher acquisition and retention rates as the interest of players increases and the trust level grows. Also, the blockchain technology which provably fair games are based on attracts new audiences to gambling platforms as it interests crypto enthusiasts.
Based on statistics, provably fair games make up an impressive percentage of gambling projects’ GGR, varying from 15% to 20%. Of course, this depends on what games operators are integrating to their platforms.
Top provably fair game providers
Slotegrator has over 100 partners that develop different game types for casino platforms, such as slots, live dealer games, card games, roulette, and more. Not all game developers offer games with a provably fair mechanism, and here is an overview of the top ones.
BGaming was founded in 2018, and develops games that appeal to a variety of different players, but have proven to hold a particular appeal for cryptocurrency enthusiasts. BGaming’s games are “Provably Fair”, and their success in the blockchain arena has led to demands from operators for more blockchain-based games. BGaming’s titles cover a wide range of themes and storylines, from popular favorites like mythology to unique and interesting themes of the company’s own invention.
Spribe is another studio that appeared in 2018 and develops provably fair games. Probably, the most popular company’s game with the provably fair mechanism is its mini crash game Aviator with the crashing curve. The format originated in the video gaming industry, and is now especially popular in crypto casinos.
Betsolutions is a game provider that has a diverse portfolio of both classic board games and provably fair games. Its titles feature fast gameplay, great UI, and chatting options for players who like to socialize.
JetGames is the German company that has over 10 unique provably fair games such as multiplayer crash games, roulette, dice games, and keno.
SmartSoft Gaming is a fast-growing Georgian gaming company. Among the most popular games are Cappadocia and the studio’s breakout hit JetX — which recently received a sequel, JetX3. JetX has proven extremely popular with players and operators alike thanks to its freshness and profitability.
As an aggregator, Slotegrator partners with provably fair game providers and helps operators to add them to their platforms fast and conveniently. According to the company’s report, countries, where provably fair games are the most popular, are India, Norway, and the UK. What is also interesting, is provably fair games attract high rollers whose average bet is far above the average bet of most users.
“This type of game is now becoming more and more popular and has great potential for both: players and game providers in the future”, says Dmytro Kryvorchuk, Sales Team Lead at Slotegrator. “On the part of the player, the advantage is that the player can always be sure that his game is fair and he can independently check any of his bets. And for the game provider, this also simplifies the process of implementing casino games, since now it will not be necessary to obtain the appropriate certificates from independent laboratories before launching new games, they can immediately enter the market with these games and where anyone can check this game and make sure that that there is no cheating with players.”
According to Dmytro, provably fair games will gain more popularity in the future, and owners of casino websites better predict this in advance and integrate such games into their platforms. “Many game providers are starting to look towards this type of game. And as far as I see, many operators are starting to think about adding these games”, concludes Dmytro.