Fees!!!

[pizamoi]

The bitcoin price isn't their problem, the same as if you go to a casino in US$ they aren't going to refund you money because it was worth less in Euros by the time the transfer went through.

[1715488960]

1715488960

[xIIImaL]

The bitcoin price isn't their problem, the same as if you go to a casino in US$ they aren't going to refund you money because it was worth less in Euros by the time the transfer went through.

Not like that, default fees in the concern casino wallet may lower to make fast transaction. Therefore, transaction may be pending for long hours. Wait for a day to complete the transaction. I think as day over. Now you check with the site tech support regarding this. Transaction and network fees will not be dispute from the ongoing transactions.

[boranes]

In my opinion it is better to wait money earned from gambling longer, for example 1 day.
This is why:
When players win they withdraw and most of gamblers are excited and want to deposit again until they lose. Maybe it is better this way, because next day you wont be so enthusiastic.

[machinek20]

The answer will be no, as long as the casino gives you the money then they are not to blame, and the speed transaction is not the casino fault, so you should also consider the withdrawal and deposit coin speed before you decided to play in that site

[lite]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

No, casino can't be held responsible. what if the opposite happens? price rises a lot, will you then blame casino for not adding appropriate fees? no, right. you'd be glad that tx confirmed late and you sold at higher price than you were going to before.

i think casinos should adapt quickly and increase the fees or let the users select the fees in withdrawal form.

[chaser15]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

Of course no and obviously it's not. Why the hell they would care for the bitcoin price if the transaction in their site is purely bitcoin, meaning 1:1 no matter what is the current price. Aside from that and if we will disregard my first statement, it's not their fault if while the coins are being sent to a user then bitcoin price fluctuates so much. No one have control over it.

So be it and just deal with that kind of system.

[Ayers]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

they don't care i thinl but i know for sure that these service lik exchange and casino have special deals with miners and they can have fast confirmations with very low fee, like 20k satoshi, but anyway when you cash out you have still your bitcoin, just don't sell if the value dropped at that moment, and sell again when it go high

Then can you explain what happened with DirectBet.Eu and why they felt they needed to shutdown their operation?
That would be the sole reason they did it because all those free sends after their customer's bets have settled was too much for them to bear the brunt of the ever increasing fee's the miners were demanding to have their transactions to complete and confirm at a reasonable amount of time. That being within an hour or two and not prolong to 24-48 hours.

probably it's an other thing there, perhaps they have not enough funds to cover their expenditures? a website like a casino isn't free you need money to run it, if they have not enough income from their betting they can shut down and declare banckrupcy, but i see that the website is still working good, so what you are talking about exactly?

[marlboroza]

You can always play in casino which accepts altcoins so you won't have problem with low fee.
If you really don't want to gamble with altcoins and you really want your coins ASAP than play at fortunejack, they are paying large fee for every withdrawal.
Not to mention you can use Bitgo there.

[Slark]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

No, bitcoin is volatile, extremely volatile, and that is not something that casino or any other bitcoin service can influence.
When users are dealing with bitcoin transactions they kinda must know that already and accept that potential problem.
Blaming bitcoin casino for bitcoin network's congestion and long confirmation times is stupid excuse.

[pixie85]

No, they should not be held responsible, especially because the fees change daily. One day you can get fast confirmation with 80s/b and a week later everything under 150s/b makes you wait 2 days. A casino sends your cash and that's it, they never agreed to be sending it instantly and never agreed for a confirmation timeframe. If they did they'd be shooting themselves in the knee, because a bitcoin network can suddenly get spammed resulting in all transaction confirmations to jump to the next day, and then what? Lawsuits because people didn't get their money on time?

[HanSchultz]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

You really cannot complain for the delay the network takes and if you are really willing to provide a higher transaction fees then you must notify that particular site and i think most of the site must provide an option what fees people are willing to provide manually as well as defeat prices the exchange calculates,so that people who needs the coins urgently can have their coins soon.

[mrcash02]

You have the option to choose fast or slow transaction, fast you will pay more fees, if so it will confirm faster. Here we are dealing in BTCs, so the price you paid in BTCs has nothing to do with differences compared to fiat price. I agree casinos have nothing to do about it. If you fear this situation, only make transactions when the Bitcoin price is stable or increasing.

[dihari]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

I think it's not their business. They don't care about the extreme volatility of bitcoin because they just use bitcoin in lieu of fiat money. Well, that's our risk to using bitcoin.

[MinerHQ]

The answer will be no, as long as the casino gives you the money then they are not to blame, and the speed transaction is not the casino fault, so you should also consider the withdrawal and deposit coin speed before you decided to play in that site

Correct. As long as casino send out your coins then we can't blame them but casinos should provide a couple of options to players to pay the fee instead they decided some fixed amount. They on one can blame the casinos because individuals have decided how much they want to pay the fees.

[Mbokani]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

Which casino you are talking about,since all of the major casino's adjusted their fees when the fees increased and if you could specifically say which casino you are talking about then we can have some clarity ,you cannot held responsible just because someone pays a low fees than the current stipulated fees as the fee keeps on increasing with network conjunction.

[hello_good_sir]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

In my opinion no because they could be carrying the risk of bitcoin appreciating in the time withdrawal confirms as well. But they don't ask you for more bitcoins back do they? If there is a delay with the actual transaction being sent onto the network then yeah it should be their fault. If they blatantly use a low fee then yeah it's their fault too, but if the blockchain is just congested and they put a normal fee(like 200sats/byte) then it's not their fault.

If you're worried about this, use dogecoins. The blockchain is fast as s**t compared to the bitcoin blockchain and withdrawal fees are 1 doge.

[coolsai]

Do your due diligence and check out which casinos offer faster payouts or the option to amend the fees. You cannot blame them for any changes in prices, otherwise should they ask you to pay them back something when the price goes up? I get that its annoying but to even suggest they should be held responsible is kind of ridiculous.

[coynedterm]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

They can't think that what you will do with your Bitcoin , they knows that you want your Bitcoin back that you deposited or won .
Usually the most of the casinos give the Bitcoin with the normal fee ( according to the market , regardless of the fee that is needed for the confirmation in one hour or two hour .
When I was regular gambler at the cloudbet then they send Bitcoin with fee of 200sat per byte , so I think they will send btc atleast with 300 sat per byte .( Thier system remain in the custom mode for daily  )

[ndnh]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

No.

they don't care i think but i know for sure that these service like exchange and casino have special deals with miners and they can have fast confirmations with very low fee -snip-

No, they don't make special deals with miners  

[milewilda]

If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

Hell No! and they really dont care at all as long you are already withdrawn a particular amount of bitcoin into their site and they dont care if the price drops a lot or rise. They do really offer free fees but expect the lowest one.No one knows and they dont really patch up everything.