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Author Topic: Roobet.com | Crypto’s Fastest Growing Casino 🦘  (Read 83717 times)
seleme
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September 30, 2021, 08:25:12 PM
Last edit: October 04, 2021, 10:33:37 PM by seleme
 #3781

Why the heck are Roobet withdrawal fees so high currently(Close to 8 bucks)? The network fee is just a couple of cents at 6 sats which is why I have no idea why Roobet hasn't tweaked their withdrawal fee yet.

Am surprised to see no one here having issues paying such high fees. Roobet needs to learn from sites like Bitcasino etc in this aspect who literally charge zero withdrawal fees.
I have the same questions too on why fees are really that high considering that its almost close to zero when you do check out the network pool.They havent been charging up this much lately

but now it did really changed despite of being a dynamic kind of fee but this isnt really justifiable basing on the current condition on the network.Hope there would be some clarifications on this one.
Unfortunately the fees for small amounts are not affordable and the current network fee is less than $1. Hope the dynamic fees for low level will go below $3 so we will not lose the small amounts instead of paying fee.
Using dynamic fees will solve the problems mentioned on the thread, at least small gamblers will know which fees they gonna pay before sending the transaction to their personal wallets.
Letting the users choose fee based on Satoshies will be more efficient rather than fixed low/medium/high fixed fees.

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DoublerHunter
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September 30, 2021, 08:48:15 PM
 #3782

I have the same questions too on why fees are really that high considering that its almost close to zero when you do check out the network pool.They havent been charging up this much lately
^It is really hurt to our pocket to see that the fee is fixed into high fee and if you are always withdrawn your money on the casino, that is not good because you will probably suffer from a large amount of fee. The better solution is to withdraw your fund at once when you did not use the casino or gamble there. Or another option is, find better bookies than this that have offered free withdrawal fees, but I think they had a large amount of minimum withdrawal. I drop below the link of the casino about how much the estimated price of withdrawal is.
https://bitcointalk.org/index.php?topic=5333602.0
Mahanton
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September 30, 2021, 08:53:41 PM
 #3783

Why the heck are Roobet withdrawal fees so high currently(Close to 8 bucks)? The network fee is just a couple of cents at 6 sats which is why I have no idea why Roobet hasn't tweaked their withdrawal fee yet.

Am surprised to see no one here having issues paying such high fees. Roobet needs to learn from sites like Bitcasino etc in this aspect who literally charge zero withdrawal fees.
I have the same questions too on why fees are really that high considering that its almost close to zero when you do check out the network pool.They havent been charging up this much lately

but now it did really changed despite of being a dynamic kind of fee but this isnt really justifiable basing on the current condition on the network.Hope there would be some clarifications on this one.
Unfortunately the fees for small amounts are not affordable and the current network fee is less than $1. Hope the dynamic fees for low level will go below $3 so we will not lose the small amounts instead of paying fee.
It might not really be that a big issue for big players but to think that there are still some small-average players who do really mind off even with couple of bucks when making up some withdrawal.
Yeah, lets hope that it would be adjusted soon so that it wont really be that much of a problem but well this isnt really that much a big of an issue since Roobet had been here on this
market and no doubt that these small issues would be resolved out.

R


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September 30, 2021, 08:55:34 PM
 #3784

I have the same questions too on why fees are really that high considering that its almost close to zero when you do check out the network pool.They havent been charging up this much lately
^It is really hurt to our pocket to see that the fee is fixed into high fee and if you are always withdrawn your money on the casino, that is not good because you will probably suffer from a large amount of fee. The better solution is to withdraw your fund at once when you did not use the casino or gamble there. Or another option is, find better bookies than this that have offered free withdrawal fees, but I think they had a large amount of minimum withdrawal. I drop below the link of the casino about how much the estimated price of withdrawal is.
https://bitcointalk.org/index.php?topic=5333602.0
This is the only problem with Roobet, they have the fixed price for the fees even if the market is not congested they barely adjust the fees this is one of the disadvantage of having an instant withdrawal, since some gambling site are making the withdrawals in one transactions from many gamblers. Hopefully, Roobet will find a better way to deal with this, its painful for a small time gambler to pay such fees.

seleme
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September 30, 2021, 09:58:49 PM
Last edit: October 05, 2021, 03:18:07 AM by seleme
 #3785

Why the heck are Roobet withdrawal fees so high currently(Close to 8 bucks)? The network fee is just a couple of cents at 6 sats which is why I have no idea why Roobet hasn't tweaked their withdrawal fee yet.

Am surprised to see no one here having issues paying such high fees. Roobet needs to learn from sites like Bitcasino etc in this aspect who literally charge zero withdrawal fees.
I have the same questions too on why fees are really that high considering that its almost close to zero when you do check out the network pool.They havent been charging up this much lately

but now it did really changed despite of being a dynamic kind of fee but this isnt really justifiable basing on the current condition on the network.Hope there would be some clarifications on this one.
Unfortunately the fees for small amounts are not affordable and the current network fee is less than $1. Hope the dynamic fees for low level will go below $3 so we will not lose the small amounts instead of paying fee.
It might not really be that a big issue for big players but to think that there are still some small-average players who do really mind off even with couple of bucks when making up some withdrawal.
Yeah, lets hope that it would be adjusted soon so that it wont really be that much of a problem but well this isnt really that much a big of an issue since Roobet had been here on this
market and no doubt that these small issues would be resolved out.
No doubt they will solve this problem sooner or later. Looks like the team has no intention to lower the network fees because the higher the fee the miners will give higher priority to the transactions. TBH, I like fast deposit/withdrawal system of Roo, no need to wait for the first confirmation to continue playing slots unlike other casinos that we are supposed to wait for 1 confirmation that can take up to 30 minutes.

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ultrloa
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September 30, 2021, 10:37:22 PM
 #3786

Why the heck are Roobet withdrawal fees so high currently(Close to 8 bucks)? The network fee is just a couple of cents at 6 sats which is why I have no idea why Roobet hasn't tweaked their withdrawal fee yet.

Am surprised to see no one here having issues paying such high fees. Roobet needs to learn from sites like Bitcasino etc in this aspect who literally charge zero withdrawal fees.
I have the same questions too on why fees are really that high considering that its almost close to zero when you do check out the network pool.They havent been charging up this much lately

but now it did really changed despite of being a dynamic kind of fee but this isnt really justifiable basing on the current condition on the network.Hope there would be some clarifications on this one.
Unfortunately the fees for small amounts are not affordable and the current network fee is less than $1. Hope the dynamic fees for low level will go below $3 so we will not lose the small amounts instead of paying fee.
It might not really be that a big issue for big players but to think that there are still some small-average players who do really mind off even with couple of bucks when making up some withdrawal.
Yeah, lets hope that it would be adjusted soon so that it wont really be that much of a problem but well this isnt really that much a big of an issue since Roobet had been here on this
market and no doubt that these small issues would be resolved out.
No doubt they will solve this problem sooner or later. Looks like the team has no intention to lower the network fees because the higher the fee the miners will give higher priority to the transactions. TBH, I like fast deposit/withdrawal system of Roo, no need to wait for the first confirmation to continue playing slots unlike other casinos that we are supposed to wait for 1 confirmation that can take up to 30 minutes.

If many people talk about this matter which I think not an issue at all Roobet team will think about lowering the fees since for sure they follow on what their players want to happen since actually fees are not expensive these days compare before. For sure many low ballers would love to see this lowering the fees implemented since they can save fees and play more games that they like.

R


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October 01, 2021, 06:52:49 AM
 #3787

If many people talk about this matter which I think not an issue at all Roobet team will think about lowering the fees since for sure they follow on what their players want to happen since actually fees are not expensive these days compare before. For sure many low ballers would love to see this lowering the fees implemented since they can save fees and play more games that they like.
You can choose altcoins with cheap transaction fees for deposit, bet and withdrawal. I don't have problem with withdrawal fee.

It is about your plan when you move your coins from exchange to exchange or to casino. You need to have a plan for it and things will go very well. If you worry about transaction fee on Bitcoin network, choose altcoins like Litecoin, Dogecoin, Ripple, and so many more altcoins.

Bitcoin network is quite clear recent months and transaction fee is not too expensive.

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October 01, 2021, 09:40:08 AM
 #3788

You can choose altcoins with cheap transaction fees for deposit, bet and withdrawal. I don't have problem with withdrawal fee.

Bitcoin network is quite clear recent months and transaction fee is not too expensive.
You are missing the point. Majority of the crypto gamblers including me gamble primarily with BTC since we can easily convert it to FIAT later on and vice versa which is why these high withdrawal fees bother us so much.

As you mentioned, BTC network fees are very low in recent times which is why I am surprised to see Roobet charge close to 8 bucks for a single withdrawal(Messed Up).

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October 01, 2021, 11:32:59 AM
 #3789

You are missing the point. Majority of the crypto gamblers including me gamble primarily with BTC since we can easily convert it to FIAT later on and vice versa which is why these high withdrawal fees bother us so much.
I think the use of Bitcoin as a deposit currency is simply because there are very rarely alternatives with low fees and at the same time also held by many players such as ADA (ETH fees are usually very high as well). Personally, I would immediately switch to another deposit currency if one was available that I also own and gives me less fee costs!

Deposit gateways, where you can send coins of your choice and in the end BTC are transferred to the destination address, are in my opinion also still too expensive to use.

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October 01, 2021, 11:53:35 AM
 #3790

You are missing the point. Majority of the crypto gamblers including me gamble primarily with BTC since we can easily convert it to FIAT later on and vice versa which is why these high withdrawal fees bother us so much.
+1..I wonder if other crypto gambling websites implements the use of Lightning network? You see, besides joining the NFT hype, it would be more beneficial for their clients to at least use the lightning network and it could be more a logical update than a tulip mania NFT..

I am well aware that it could take a lot of hardwork on their backend and could be a reason to a lower revenue..but yeah I guess I am just being selfish.. LOL .
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October 01, 2021, 01:56:35 PM
 #3791

You can choose altcoins with cheap transaction fees for deposit, bet and withdrawal. I don't have problem with withdrawal fee.

Bitcoin network is quite clear recent months and transaction fee is not too expensive.
You are missing the point. Majority of the crypto gamblers including me gamble primarily with BTC since we can easily convert it to FIAT later on and vice versa which is why these high withdrawal fees bother us so much.

As you mentioned, BTC network fees are very low in recent times which is why I am surprised to see Roobet charge close to 8 bucks for a single withdrawal(Messed Up).
The fee may look pretty high however if we compare these fee structure with exchanges then we know that how cheap they are actually, because even the most preferred exchange cost upto $20 for withdrawing any amount of bitcoin and this is just to prevent people from using their exchange and casinos as regular wallet.









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October 01, 2021, 02:56:21 PM
 #3792

I have feeling that Roobet or other Casino will do the same, they will have NFT because now it is a trend and many gambler looking forwards for this trend, Casino will see that have NFT can make their players to still play at their casino, and also gambler see many advantage when they have NFT
NFTs are simply "on everyone's lips" at the moment and are very well known, now even outside the crypto sector. If a casino raffles NFTs or makes it possible to get an NFT as a reward, e.g. by reaching a certain level/goal, this is currently a massive pull factor for players.

So it's not surprising that Roobet wants to jump on the bandwagon here. Personally, I also think it's a great idea.
Binance became a huge place literally by doing exactly that. Whenever there were things that people show some interest towards, Binance did something about it and helped people to get involved. They are acquiring other companies as well and making their own products too, so at the end of the day they are trying to be everywhere and that is the most important thing. If you are everywhere and you can put all the new trends into your business, then you are going to end up with something profitable in the long run.

Roobet and all other casinos should learn more from them, add in whatever that is trending at that point and you are going to end up profiting a lot.

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October 01, 2021, 03:13:38 PM
 #3793

Binance became a huge place literally by doing exactly that. Whenever there were things that people show some interest towards, Binance did something about it and helped people to get involved. They are acquiring other companies as well and making their own products too, so at the end of the day they are trying to be everywhere and that is the most important thing. If you are everywhere and you can put all the new trends into your business, then you are going to end up with something profitable in the long run.
Binance is a game changer. They changed the crypto exchange industry with their initiatives, creativeness and many game-changing products.

Many trends in crypto exchange industry were initiated by Binance. Exchange token, exchange chain, launch pad and more. Binance is the leader among many crypto exchanges.

Casinos are different industry and Roobet is one of most active casinos on the forum. They run many promotions and with success they keep doing this since many months ago. I think Roobet can be one of casino model for other casino start-ups to look at and learn from.

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October 01, 2021, 03:44:18 PM
Merited by Haunebu (1)
 #3794

The fee may look pretty high however if we compare these fee structure with exchanges then we know that how cheap they are actually, because even the most preferred exchange cost upto $20 for withdrawing any amount of bitcoin and this is just to prevent people from using their exchange and casinos as regular wallet.
Most exchanges charge flat fees. Besides, on exchanges there is always the possibility to exchange bitcoin for another coin which has a cheaper withdrawal fee such as ltc or usdt.
Unfortunately, you can't do that on Roobet since they don't have an internal exchange and it's unlikely that they will add one. They are completely against this idea:
the company does not intend to offer any currency exchange services on the website; you can only withdraw in the same cryptocurrency as you used to deposit funds on the website.
Maus0728's suggestion regarding implementing the lightning network is a great idea and will solve the fee estimation issue once for all.

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October 01, 2021, 07:23:11 PM
 #3795

Most exchanges charge flat fees. Besides, on exchanges there is always the possibility to exchange bitcoin for another coin which has a cheaper withdrawal fee such as ltc or usdt.
Unfortunately, you can't do that on Roobet since they don't have an internal exchange and it's unlikely that they will add one. They are completely against this idea

Maus0728's suggestion regarding implementing the lightning network is a great idea and will solve the fee estimation issue once for all.
Well said. No internal exchanger is a deal-breaker for so many gamblers due to the convenience factor involved despite a small reduction in the actual amount due to the exchange fee.

Some popular crypto gambling sites provide internal exchanges making them more appealing overall. I don't understand why Roobet is strongly against adding an internal exchange service.

LN idea by @Maus0728 is a good idea, but it's difficult to execute due to several reasons like adoption rates etc.

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October 01, 2021, 07:32:52 PM
 #3796

Most exchanges charge flat fees. Besides, on exchanges there is always the possibility to exchange bitcoin for another coin which has a cheaper withdrawal fee such as ltc or usdt.
Unfortunately, you can't do that on Roobet since they don't have an internal exchange and it's unlikely that they will add one. They are completely against this idea

Maus0728's suggestion regarding implementing the lightning network is a great idea and will solve the fee estimation issue once for all.
Well said. No internal exchanger is a deal-breaker for so many gamblers due to the convenience factor involved despite a small reduction in the actual amount due to the exchange fee.

Some popular crypto gambling sites provide internal exchanges making them more appealing overall. I don't understand why Roobet is strongly against adding an internal exchange service.

LN idea by @Maus0728 is a good idea, but it's difficult to execute due to several reasons like adoption rates etc.
Just like on what we are seeing on Stake but its not directly because you would really be using up Dinabot with that but i agree that it would really be more convenient or appealing if they would really be adding this
kind of feature.

It might not be that useful for some but for sure it would be relevant for most gamblers who do tend to make out some direct exchange or swaps in between cryptocurrency which had been available.

Well, its their choice since its their business but it isnt bad to hear out some others suggestions though.

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October 01, 2021, 08:54:48 PM
 #3797

^ Using LN is good and it will surely save your fees in every transaction, but I never heard it first, is there a casino gambling that adopting and using LN in every transaction? I hear nothing if you will going to ask me. People thought LN is very easy to use and this is the reason why until now there is no widespread adoption of it. Even in big exchanges, it is rare to see that there's an LN feature it is usually a fixed fee.
However, if this feature will be implemented, much better.
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October 01, 2021, 09:08:15 PM
Last edit: October 05, 2021, 03:20:03 AM by seleme
 #3798

If many people talk about this matter which I think not an issue at all Roobet team will think about lowering the fees since for sure they follow on what their players want to happen since actually fees are not expensive these days compare before. For sure many low ballers would love to see this lowering the fees implemented since they can save fees and play more games that they like.
Just curious, do they even read our suggestions here? Never seen the official response by team members, maybe they forward these cases to the responsible team but never seed announcement on the thread. Anyways, for low ballers, it will be nice to adjust their bet size and process transactions with lower fees.

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October 02, 2021, 12:29:07 AM
 #3799

If many people talk about this matter which I think not an issue at all Roobet team will think about lowering the fees since for sure they follow on what their players want to happen since actually fees are not expensive these days compare before. For sure many low ballers would love to see this lowering the fees implemented since they can save fees and play more games that they like.
Just curious, do they even read our suggestions here? Never seen the official response by team members, maybe they forward these cases to the responsible team but never seed announcement on the thread. Anyways, for low ballers, it will be nice to adjust their bet size and process transactions with lower fees.
I guess they read our suggestions here and work hard to grow their site but they prefer to stay hidden behind their table.
And if there is a problem, they will directly forward the case to the related team to handle and solve it.
As long as they can apply and give the best services and always care about our suggestions, their site will have a chance to grow and become bigger.
But yes, maybe the team needs one or more members from their team to respond to what we suggest.

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October 02, 2021, 08:59:49 PM
 #3800

If many people talk about this matter which I think not an issue at all Roobet team will think about lowering the fees since for sure they follow on what their players want to happen since actually fees are not expensive these days compare before. For sure many low ballers would love to see this lowering the fees implemented since they can save fees and play more games that they like.
Even if everyone talks about this, the fees are fees and there is not much that roobet can do. I could understand if the problem was the fact that they charge a lot more than what the regular fee should be, but they are really not charging that much more, they are always charging around the same number as the other places as well.

Only thing they could ever do would be letting people withdraw for free if they wagered over a certain amount in a single month, and even in that case it would be just paying out of pocket for them and it wouldn't affect too many people that are gambling, all of us that gamble a lot less than what whales do would have to still pay.

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