Decentralized crypto casinos: what actually runs on-chain?
A decentralized crypto casino may execute wagers through a smart contract. Ask which steps happen on-chain. A wallet login alone tells you nothing about where results are generated or who can move funds.
Inspect the contract and its controls
For an on-chain casino, confirm the contract address, network and whether the published code matches the deployed contract. Check who can pause play, upgrade the contract or change payout settings. An audit is useful when it names the contract version and scope. It is less informative when the current version is unclear.
Follow one hypothetical round
At a smart contract casino, trace the approval, bet transaction, randomness source and settlement. Check what happens if a round never settles, and who pays fees for a failed or refunded transaction. If a decentralized casino uses an off-chain service for an essential step, include that dependency in your comparison.