What is a Client Seed? Client Seed Explained.
A Client Seed is a random string of numbers and letters generated by the user (or client) in online gambling platforms or cryptocurrency services that utilize provably fair algorithms. When combined with a server seed, the client seed is used to determine the outcome of a bet in a transparent and tamper-proof manner. The purpose […]
What is a Chase Betting System? Chase Betting System Explained.
The Chase Betting System, often referred to as the “Martingale System”, is a gambling strategy where a bettor doubles their bet after every loss. The intent behind this system is to recover all previous losses with a single win. Once the bettor secures a win, they return to their initial bet size. While the Chase […]
What is Contrarian Betting? Contrarian Betting Explained.
Contrarian Betting is a betting strategy wherein an individual places bets contrary to the popular opinion or the majority of bettors. The primary rationale behind this approach is the belief that the market or bookmakers may overreact to certain information, leading to skewed odds. By going against the grain, contrarian bettors aim to capitalize on […]
What is Chain Hash? Chain Hash Explained
A Chain Hash refers to the cryptographic hash of the previous block in a blockchain, establishing a link between two consecutive blocks. This ensures the integrity and immutability of the blockchain because altering any information in a block would change its hash, which would subsequently break the chain of hashes in all following blocks. The […]
What is Confirmation? Confirmation Explained.
Confirmation refers to the act of verifying, validating, or proving the accuracy or authenticity of an event, action, or item. It can be applied in various contexts, from daily activities to complex business processes. Whether it’s confirming the receipt of an email, validating a financial transaction, or verifying an individual’s identity, confirmation serves as a […]
What is a Casino License? Casino License Explained.
A Casino License is an official permit or authorization issued by a regulatory authority or jurisdiction, allowing an individual, company, or organization to operate a casino legally. This license ensures that the casino adheres to the specific laws, regulations, and standards set by the issuing body. The process to obtain such a license often involves […]
What is a Canadian Bet (also known as a Super Yankee)? Canadian Bet (Super Yankee) Explained
A Canadian Bet, often referred to as a Super Yankee, is a betting strategy that involves five selections combined into 26 bets. This complex wager breaks down as follows: 10 doubles (two selections combined in a bet, resulting in 10 possible combinations) 10 trebles (three selections combined, resulting in 10 combinations) 5 four-fold accumulators (four […]
What is Betting Exchange? Betting Exchange Explained
A Betting Exchange is a marketplace where participants can both buy (back) and sell (lay) bets on a variety of outcomes, rather than betting against a traditional bookmaker. In essence, it allows bettors to bet against each other rather than against a bookie. The exchange simply acts as an intermediary, taking a commission from the […]
What is Bet Verification? Bet Verification Explained
Bet Verification is the procedure through which a placed wager or bet is cross-checked and authenticated to ensure it meets the required conditions, is not fraudulent, and is in line with the betting platform’s terms and conditions. This process safeguards both the betting service providers and the players, ensuring that the betting activity remains legitimate, […]
What is Bet Sizing? Bet Sizing Explained
Bet Sizing refers to the strategy or decision-making process behind determining how much money (or how many chips, in the context of casino games) a player should wager in a given betting round or hand. It’s a crucial aspect of many games of chance and skill, like poker, where the amount wagered can influence the […]