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May 29, 2017, 11:38:29 AM |
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Casino doesn't have the responsibility to be blamed off because in the first place like what has been said here, you agreed on their terms and conditions upon joining the site. And it so normal to bitcoin that it fluctuates in no time, there are times that you will really encounter such scenarios, you know what to do.
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bajing
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May 29, 2017, 01:02:35 PM |
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Of course not because they pay you according to the amount of your bet and they will increase the transaction fee in order to keep the transaction confirmed. I think it's a risk we're gambling with bitcoin, gaining more profit when prices go up and suffering losses when prices go down.
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BitcoinHunt3r
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May 29, 2017, 01:13:00 PM |
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no one to blame because casino already did their job it's all because transaction that not get confirmation yet, but untill now i never face that problem because price up and down it is not too much in a single day
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sasaku bitbit
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May 29, 2017, 03:11:53 PM |
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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. We can't blame them but must provide several options for players to pay a fee instead they decided how many remain. They can blame on one of the casinos because individuals have decided how much they want to pay the fee because if something isn't going to happen
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szpalata
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May 29, 2017, 03:35:28 PM |
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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 don't think you're being fair with the casinos because you're receiving your due won amount in bitcoins and not in fiat so what I will suggest is for the casinos to add options for quicker confirmations where they will deduct a part of your won bitcoins into sending it quickly into your wallet.
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bering
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May 29, 2017, 03:37:03 PM |
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the casinos should not to blame for this situations and the players also have to realize that this is one of the risk gamble use cryptocurrency and sometimes bitcoin price could dropped or rise up rapidly so they have to prepare to facing it but i think most of casinos would not too concern for the price only
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h3nchm19
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May 29, 2017, 04:06:45 PM |
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That would be excessive IMO, Although a casino should send using decent fees demanding remuneration is almost impossible to achieve, also calculating it would be another issue.. Technically the withdrawal is in the blockchain so their job is done. A good solution however is to let the player set the fees himself "with a minimum of 0.0001", This way, the player can't complaint sine he/she is the one who decided the fees.
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Ayers
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May 29, 2017, 05:18:17 PM |
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then how you explain that bittrex have 20k satoshi fee all the times, when i withdrawal my coins from them? 20k satoshi is way below the average and shoudl remain stuck forever instead i always get my coins very fast from them, the only explanation is that they are miners themselves, or they do the same thign as viabitcoin the accelerator
Maybe you're just lucky with the confirmations or during that time the network isn't busy as usual. not at all, i'm always getting 20k satoshi fee for withdrawal, no matter was, and i'm not trading on bittrex from two days ago i'm doing it from many years, and was always 20k satoshi, just look yourself, try to do a withdrawals form bittrex, and you see, they have special deals with miners, trust me
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digez
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May 29, 2017, 05:29:40 PM |
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agree it is the casino fault if they at least don't use the minimum fees like 200 s/b right now, they should at least allow us to setup our own fees if they do not want to pay it themselves. had an issue with a pending directbet bet for a long time, accelerated it through Viabtc eventually but before it was pending for days.
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marlboroza
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May 29, 2017, 05:38:04 PM |
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then how you explain that bittrex have 20k satoshi fee all the times, when i withdrawal my coins from them? 20k satoshi is way below the average and shoudl remain stuck forever instead i always get my coins very fast from them, the only explanation is that they are miners themselves, or they do the same thign as viabitcoin the accelerator
Maybe you're just lucky with the confirmations or during that time the network isn't busy as usual. not at all, i'm always getting 20k satoshi fee for withdrawal, no matter was, and i'm not trading on bittrex from two days ago i'm doing it from many years, and was always 20k satoshi, just look yourself, try to do a withdrawals form bittrex, and you see, they have special deals with miners, trust me I never used bittrex. Did you pay 20K or did they pay fee? If you try to withdraw from poloniex for example, they will deduct 10K satoshi for fee from your account, but they will pay much larger fee when they send coins. Maybe it is something bittrex is doing too?
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ActiveP
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May 29, 2017, 05:42:46 PM Last edit: May 30, 2017, 07:39:43 AM by ActiveP |
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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?
If you bet in USD or in your local currency, you should be able to withdraw in Fiat. But if you gambled with btc, I don't see why the btc exchange rate is a problem, so far as you received your payment. In the other hand if you feel the casino isn't paying out in a timely manner due to low fees, it is best to move your gambling elsewhere. Or make it known to them you would leave if they don't step up. Some casinos listen.
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Baofeng
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May 29, 2017, 05:50:35 PM |
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I think you need patience in order to see your withdrawals from the casino going into your wallet. It's not the casino's fault, we know what volatile the price of bitcoin is and that they are just adding fee's according to how they see it. I'm not really sure if they are using the 200 s/b fee, but if you have patience your winnings will soon be in your wallet.
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megynacuna
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May 29, 2017, 08:10:30 PM |
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I don't think you have to blame the casino, what if the casino delays and the Bitcoin prices shoot up by 4 times which you would have cashed out if you received it earlier from them. So it's just fair to let go and accept that Bitcoin is volatile and anything can happen anytime.
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serjent05
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May 29, 2017, 09:56:42 PM |
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then how you explain that bittrex have 20k satoshi fee all the times, when i withdrawal my coins from them? 20k satoshi is way below the average and shoudl remain stuck forever instead i always get my coins very fast from them, the only explanation is that they are miners themselves, or they do the same thign as viabitcoin the accelerator
Maybe you're just lucky with the confirmations or during that time the network isn't busy as usual. not at all, i'm always getting 20k satoshi fee for withdrawal, no matter was, and i'm not trading on bittrex from two days ago i'm doing it from many years, and was always 20k satoshi, just look yourself, try to do a withdrawals form bittrex, and you see, they have special deals with miners, trust me I think bittrex had increase their fee to 0.001 BTC per withdrawal transaction. I just did a couple of withdrawal and they charged me 0.001 BTC for transaction. I don't think you have to blame the casino, what if the casino delays and the Bitcoin prices shoot up by 4 times which you would have cashed out if you received it earlier from them. So it's just fair to let go and accept that Bitcoin is volatile and anything can happen anytime.
The fact that we agree to the Casino ToS, we cannot blame casino in the delay of our fund withdrawal even if it means losing funds since they do not have control on the confirmation time of the transaction.
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BTCevo
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May 30, 2017, 12:16:35 AM |
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Casino doesn't have the responsibility to be blamed off because in the first place like what has been said here, you agreed on their terms and conditions upon joining the site. And it so normal to bitcoin that it fluctuates in no time, there are times that you will really encounter such scenarios, you know what to do.
Yes that is true, but some sites tell us to pay like 100k sat but in the end they just use like half of it to sent or even lower than that to take some profit from our transaction fee too. So it feels like they take 2 things from us, either win or lose we need to lose and to pay
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STT
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May 30, 2017, 01:07:18 AM |
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If it takes more then a day to withdraw thats a problem, quicker then that is a convenience and gives preference for that casino. Its in their own interests to make use convenient for their customers. I think a good casino will allow a few types of crypto to be withdrawn so you arent tied to just one standard that may or may not be log jammed when you need the cash.
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arbitrage
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May 30, 2017, 09:55:35 AM |
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Bitcoin and fee problem does not need to be their concern, but it's not fair it is up to you will you use their services again or not, will you reward them for their work or you will try to find another one? Eventually they will realize over time that this is bad for business, and will take care about this.. If it takes more then a day to withdraw thats a problem, quicker then that is a convenience and gives preference for that casino. Its in their own interests to make use convenient for their customers. I think a good casino will allow a few types of crypto to be withdrawn so you arent tied to just one standard that may or may not be log jammed when you need the cash.
This is what i want to say pick a good casino, then enjoy playing. This will spare you from unnecessary problems..
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gentlem3n
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May 30, 2017, 10:00:03 AM |
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I too would be angry if I had to wait for even hours for the TX, casino's should either allot us to select our fees and then it would be our issue, but they are the ones sending, should at least use the current network minimum fees to pass unhendred in a block or two (350s/b now or so).
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ralle14
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May 30, 2017, 11:30:30 AM |
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That would be excessive IMO, Although a casino should send using decent fees demanding remuneration is almost impossible to achieve, also calculating it would be another issue.. Technically the withdrawal is in the blockchain so their job is done. A good solution however is to let the player set the fees himself "with a minimum of 0.0001", This way, the player can't complaint sine he/she is the one who decided the fees.
Imo that's not a good solution the minimum should be more than 0.0003 to 0.0005 at the very least because if gamblers start using fees as low as 0.0001 their transaction could be rejected and this could cause more problems to the casino. Yes that is true, but some sites tell us to pay like 100k sat but in the end they just use like half of it to sent or even lower than that to take some profit from our transaction fee too. So it feels like they take 2 things from us, either win or lose we need to lose and to pay
I only experienced this when I made withdrawal request from moneypot they charged me with 500 bits and used less than what I gave them.
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beerlover
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May 30, 2017, 12:49:19 PM |
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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?
Will you be ready to return some portion of your withdrawal amount in the case of prices increasing between your withdrawal time and confirmation time ? We are in agreement with every gambling houses to deal in BTC value regardless of where the prices of bitcoin is fluctuating.
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