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Author Topic: «»NEW«»Casinos Withdrawal Fees Rise (!?)|Sep. 2020«1Yr»Sep. 2021|2023?  (Read 6122 times)
famososMuertos (OP)
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August 07, 2020, 11:30:23 PM
Last edit: November 15, 2023, 01:59:39 AM by famososMuertos
 #1

Edit/Titles.   
-/NEW/- Casinos Withdrawal Fees Rise (!?)|| June 2021
--/NEW/- Casinos Withdrawal Fees Rise (!?)|| April 2021
-Casinos Withdrawal Fees Rise (!?)|| March 2021
-Casinos Withdrawal Fees Rise (!?)|| January 2021
-Casinos Withdrawal Fees Rise (!?)|| November 2020
-Casinos Withdrawal Fees Rise (!?)|| October 2020
-Casinos Withdrawal Fees Rise (!?)|| September 2020
-Casinos Withdrawal Fees Rise |August 2020


That bitcoin rises and consequently the withdrawal fees rise, we are used to it, but this time some casinos have increased up to 300% or more, I do not know if anticipating that bitcoin continues to increase.

The increase should always be proportional to the increase in bitcoin or fairly close.

How much does it bother you that it increases disproportionately? Do you change casino for this reason?

Let's go! It is not that they are so exorbitant amounts compared to some exchanges, for example.
But there are players who are moving their balances from one place to another looking for bonuses etc.

Generally those that move in a bankroll between $ 10 and $ 100. This affects them, a withdrawal commission of $ 3 after paying before (bitcoin price +/- $ 9500) $ 0.45 is taking away a percentage of profit from the players of the micro-bets.



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)



We only look, we do not judge. This Topic it is not intended to qualify, quantify or rank any casino, it is mere information.

Update Aug 12,
https://bitcointalk.org/index.php?topic=5267353.msg54984422#msg54984422
Update Aug 25,
https://bitcointalk.org/index.php?topic=5267353.msg55061882#msg55061882


Update Sept 03,
https://bitcointalk.org/index.php?topic=5267353.msg55125905#msg55125905
Update Sept 24,
https://bitcointalk.org/index.php?topic=5267353.msg55256611#msg55256611



October 17, 2020
https://bitcointalk.org/index.php?topic=5267353.msg55399661#msg55399661



November 11, 2020
https://bitcointalk.org/index.php?topic=5267353.msg55573146#msg55573146



January 2021
https://bitcointalk.org/index.php?topic=5267353.msg56039302#msg56039302



March 2021

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Table:https://i.imgur.com/mdt1gzi.jpg
+info: https://bitcointalk.org/index.php?topic=5267353.msg56553003#msg56553003




NEW: Casinos Withdrawal Fees Rise (!?)|| April 2021

+info: https://bitcointalk.org/index.php?topic=5267353.msg56890894#msg56890894



June 2, 2021

+info:
https://bitcointalk.org/index.php?topic=5267353.msg57142036#msg57142036



sep 26,2021


+ info: sep 26, 2021.
https://bitcointalk.org/index.php?topic=5267353.msg58035021#msg58035021

thanks to https://www.talkimg.com/

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August 07, 2020, 11:39:30 PM
 #2

I don't use a lot of casinos lately, but if you can provide a specific names of the casinos and its before and current rates, that would help for a better discussion. Recently, I just made a withdrawal with sportsbet, I use this site for sports betting and they never charge a single satoshi, it's all free and good for small gamblers, however, we should not abuse it, I think moving frequently a $10 of $20 bankroll is not good for the casinos that offers free withdrawal service such as the casino I've mentioned. 

I know other casinos have withdrawal fees, however, some of them are already accepting altcoins too, maybe you can try to gamble an altcoins to minimize the expenses of withdrawal fees if you still want to move your coin/s frequently.

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August 07, 2020, 11:48:05 PM
 #3

That is why I avoid gambling with bitcoin especially when the price rises. Moving your funds from one place to another cost a lot. I switch to altcoins to avoid this absurd fee, there are casinos where you can choose your favorite coin, you can always try XRP which I believe is one of the best options in terms of withdrawal fees.
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August 08, 2020, 12:05:59 AM
 #4

.../...
I think that being specific is not necessary because the subject can be dealt with in a general way, it is a matter of discussing and learning from places like the one you mention, I just visited it and it has poker which is what I like. Thanks for that information.

Ahh! add that if a casino supports daily deposits several times, why not withdrawals, in any case the commission for those under bankroll comes into effect there. And I think this is the reason for this increase, preventing many withdrawals of low amounts from being executed.

___________
That is why I avoid gambling with bitcoin especially when the price rises. Moving your funds from one place to another cost a lot. I switch to altcoins to avoid this absurd fee, there are casinos where you can choose your favorite coin, you can always try XRP which I believe is one of the best options in terms of withdrawal fees.

Usually I move in Bitcoin, ETH, thanks for that information, sometimes I use it but not all casinos offer the possibility of depositing in bitcoin and withdrawing in another altcoin, but by the way since you mention it is the alternative, but what As usual, in that casino where you can swap, I only play Chinese Poker.

There are casinos where you can deposit in Bitcoin and withdraw in ETH, USDT, and token, even without commission. But the point is the casinos that do not have this alternative coincidentally are the ones that increase their commissions the most.

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August 08, 2020, 12:42:07 AM
Last edit: August 08, 2020, 12:55:54 AM by ralle14
 #5

The Bitcoin casinos I currently use have a fixed small fee or doesn't charge a fee at all so i'm not that bothered if there's big fee increase even though I don't have a big bankroll. If confirmations are taking too long I usually convert them to altcoins now that a lot of the popular casinos accepts altcoins. I'll only switch if i'm playing in a bitcoin only casino and the fee was increased but I doubt it'll happen since some of the bitcoin casinos here already have a solution against it.

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August 08, 2020, 01:05:36 AM
 #6

Which is why I don't only use Bitcoin, I also use ETH and Doge whenever I play in gambling sites, though the chances I've had were quite reduced since lately cause of a few financial problems. I've always played on a few casinos, never really settled for one, I always want to try more and more casinos out there and well, that just ended up in me having to play in multiple sites.
I think that being specific is not necessary because the subject can be dealt with in a general way, it is a matter of discussing and learning from places like the one you mention, I just visited it and it has poker which is what I like. Thanks for that information.
I don't think there's even a need to be secretive. As you said, some sites are asking for more fees, while some don't so the knowledge of knowing which sites actually increased their fees could help a few players out there since they can avoid playing on said sites in the next few weeks.

R


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August 08, 2020, 02:14:52 AM
 #7

There is a relation to the current price rise of bitcoin and also because of the network congestion. I'll take the advice of others if you don't want to pay the increased fee for bitcoin withdrawals, you can always convert it to altcoins which have lesser fees.

But if your casino doesn't have an option or feature like that, you can set to the lowest priority but make sure that you're not in a hurry. We have no choice if fee increases but to do what fits the likes of you in withdrawal.


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August 08, 2020, 02:18:00 AM
 #8

The withdrawal fees of the casino sites right now increased when the price of Bitcoin increased too.

I have some funds in my gambling site and TBH I only withdraw all of them once in a month so I can maximize the withdrawal fees on it.
Whenever I withdraw my funds there. I often observe the prices of Bitcoin and at the same time Ethereum because there are times that I withdraw them in 100% BTC, 100% ETH or either withdrawing a portion of it in either BTC or ETH. Using DOGE to withdraw your funds is probably the cheapest way but there are only few apps or sites where they are accepting it unless you will use an exchange to convert it into BTC.

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August 08, 2020, 02:27:22 AM
 #9

Usually I move in Bitcoin, ETH, thanks for that information, sometimes I use it but not all casinos offer the possibility of depositing in bitcoin and withdrawing in another altcoin, but by the way since you mention it is the alternative, but what As usual, in that casino where you can swap, I only play Chinese Poker.

There are casinos where you can deposit in Bitcoin and withdraw in ETH, USDT, and token, even without commission. But the point is the casinos that do not have this alternative coincidentally are the ones that increase their commissions the most.

Just simply use altcoins to prevent huge Bitcoin withdrawal fee. With the popularity and huge volume of bitcoin in the market, it would also be a reason for most gambling platforms online to make profit out of it. Also, the BTC fee would always depend on its price, mostly taken of by percentage. And, even gambling platforms do require their own escrow/wallet to send simultaneous withdrawals, such wallets do also require their part of the transaction fees, making higher fees on the platforms.

And those casinos that accepts tokens without commission often had a bad image. Why? Such platforms that redirects to your MEW or any wallet you had are too risky and not a good practice to make. Better find platforms that supports ETH, DOGE, and XRP, in which such altcoins doesn't have any issues with the price fees, but still the games and bets would be the same.

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August 08, 2020, 02:59:01 AM
 #10

The withdrawal fees of the casino sites right now increased when the price of Bitcoin increased too.

I have some funds in my gambling site and TBH I only withdraw all of them once in a month so I can maximize the withdrawal fees on it.
Whenever I withdraw my funds there. I often observe the prices of Bitcoin and at the same time Ethereum because there are times that I withdraw them in 100% BTC, 100% ETH or either withdrawing a portion of it in either BTC or ETH. Using DOGE to withdraw your funds is probably the cheapest way but there are only few apps or sites where they are accepting it unless you will use an exchange to convert it into BTC.

This is also the strategy that I used. The last time I withdraw, and it was my fault as I didn't check the fees that time and to my surprised I have to pay so much in fees alone that I just decided to let some of my bitcoin sit in a gambling site and wait for the right time to withdraw when the network has cleared up.

But there are options in a casino that I played wherein you can withdraw instantly or not. I always choose the options to withdraw instantly with high fees or not, but I have to wait. So probably I will uncheck the instant withdraw and maybe try the other options to go to queue because the casino allow me to withdraw it.

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August 08, 2020, 03:07:42 AM
 #11

If the withdrawal fees increase, you can convert your bitcoin to another coins which don't have a high fee such as litecoin, dogecoin, or even ethereum. I think that will not be a problem for us if that gambling site have that options to convert our bitcoin into another coins. But if the website doesn't have that features, I think you can wait and save your bitcoin until the amount can be bigger, so the fees will not be a problem for you. I think that is a good solution for you to prevent from paying a high fee in bitcoin.
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August 08, 2020, 05:36:27 AM
 #12

Gamblers won't withdraw from the casinos regularly. Most of the top rated casinos always give the best entire access to the users. We're responsible to take care of our funds with ultimate security.

Look into casineos casino, once on sign-up you need to secure your security key as well as recovery words. Further if you forget your password this is the only option to recover your funds. The team can't do anything in such situation. As there is no third party control over our funds why can't we withdraw at some specific time interval to avoid the fee.

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August 08, 2020, 05:42:51 AM
 #13

The betting site and casino I have been using for quite a while does not charge a fee for withdrawals, although I haven't been gambling very lately so I am not sure if it is now imposing fees.

Anyway, to answer your question, I would probably be leaving my casino of choice if it ended up massively increasing its withdrawal fee after a long time of charging zero. I normally does not keep much money in my casino wallet as it only entices me to bet more so I am making withdrawals after a certain amount is reached. High withdrawal fees will definitely be a hassle that might discourage me from staying there.

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August 08, 2020, 05:49:26 AM
 #14

In the case of YOLOdice website, we can't deny that the withdrawal fees are significantly high which makes it impractical to withdraw such low amount of bitcoin. At the time of writing this, the "instant withdrawal" option will cost you for about 0.00117 BTC while the batch withdrawal will cost you for about 0.000585 BTC. That is why, it would be more appropriate to withdraw at least 0.03 - 0.05 amount of bitcoin on a regular basis whenever the mempool is congested.

Moreover, I also don't think if YOLOdice is making profit with regards to withdrawal. The reason why there is an increase of withdrawal fees is that ethan decides that the withdrawal fee must be proportional to the network fee and making sure that the transaction will be confirmed in the next few blocks possible.

There is nothing we can do but wait until the mempool transaction declined or cash out big.


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August 08, 2020, 07:00:49 AM
Last edit: August 08, 2020, 01:54:45 PM by Kupid002
 #15

Gamblers won't withdraw from the casinos regularly. Most of the top rated casinos always give the best entire access to the users. We're responsible to take care of our funds with ultimate security.

Look into casineos casino, once on sign-up you need to secure your security key as well as recovery words. Further if you forget your password this is the only option to recover your funds. The team can't do anything in such situation. As there is no third party control over our funds why can't we withdraw at some specific time interval to avoid the fee.

same thing with me I also have funds there but no plan to widraw it unless I see that the fees is lower compared to what we can see now . The fees I seen this day is around 0.0005 for widrawal.

Suggestions to other gamblers use alternative currency if you want to gamble with less fees in that case you will not need to wait for bitcoin to have lower fees.

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August 08, 2020, 07:06:14 AM
 #16

There is nothing we can do but wait until the mempool transaction declined or cash out big.

Or we can rather just use XRP or DOGE for transactions or just use it in gambling instead? Such actions/strategies helped me to lessen the pain with the transaction fees of bitcoin has. I've been using those in my gambling activities and had no any difference with the betting per se nor the gaming/games itself in various gambling platforms. Those alt's systems are fast and pretty fine for me yet the biggest flaw is that some gambling platforms doesn't support those, nor could exchange between BTC to any of the two mentioned.

But I prefer the cash out big idea if my suggestion isn't applicable in the situation. In my campaign, Casineos, the fee to withdraw is almost 5$ hence holding btc is a better and much preferable idea (even though holding money on a gambling platform was risky)
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August 08, 2020, 08:24:51 AM
 #17

What if the casino's doesn't have the options to withdraw your funds in other coins? So it's either you:

(a) wait till everything settles down
(b) or withdraw it in batches, it might take long though and won't be instant (of course, there's no such thing as instant, you still need to wait for a couple of hours)
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August 08, 2020, 08:59:20 AM
 #18

If the withdrawal fees increase, you can convert your bitcoin to another coins which don't have a high fee such as litecoin, dogecoin, or even ethereum. I think that will not be a problem for us if that gambling site have that options to convert our bitcoin into another coins. But if the website doesn't have that features, I think you can wait and save your bitcoin until the amount can be bigger, so the fees will not be a problem for you. I think that is a good solution for you to prevent from paying a high fee in bitcoin.

some casinos though are not allowing us to convert it to other coins to withdraw. if you have tried the casineos they are not allowing it. i tried playing that emperor game they have there just to try few so i deposited some btc. win some and lose some so i tried to get out. ironic that its on EOS platform but does allow withdrawing EOS.

i hope the casinos these days will also adjust the fees because its agonizing even just few $ will hesitate players.









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August 08, 2020, 09:57:33 AM
 #19

Some casinos change their fees but there are also sone who have fixed ones, which is better to my opinion. That is also something that is good to check before you choose a casino to play in. And in.such cases it's maybe better to avoid Bitcoin as a gambling coin, maybe ETH would be a better choice. Casinos just try to make the profit and it's on us to try the best terms for us, so a little research of online casinos is needed.

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August 08, 2020, 10:10:28 AM
 #20

I planned to withdraw the other day in one of the gambling site then it surprise me their fees to withdraw is expensive. Granted btc price increase these days so it's best also to use other coins which cater lower fees. Some site they have lower fees of 0.0002 btc from vipgame which is fine and some rate is 0.0005 which is high fees so some gamblers avoid using btc to withdraw and some avoid in playing online these days for the meantime.
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August 08, 2020, 10:56:01 AM
 #21

Another way if casino haven't choice to exchange into altcoin is betting it again the amount of fee, make double or triple it Grin. or withdrawing when Bitcoin price sideaway

I think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.

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August 08, 2020, 10:59:15 AM
 #22

Another way if casino haven't choice to exchange into altcoin is betting it again the amount of fee, make double or triple it Grin. or withdrawing when Bitcoin price sideaway

I think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.
I also have a concern in a certain online casino that I currently using because the withdrawal fee which for me is high become more expensive in these days but according to their support, it is a way for them to continue the operation because they say that they will incur losses if they will not adjust the withdrawal fee. I planned to move in other online casino that have lower withdrawal fee because for me it is really a matter even though the differences are not huge.
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August 08, 2020, 11:14:56 AM
 #23

Another way if casino haven't choice to exchange into altcoin is betting it again the amount of fee, make double or triple it Grin. or withdrawing when Bitcoin price sideaway

Even with the fee, you have to gamble with that, lol.. that's another thing man.

I guess we should not worry about the increase of fee, the amount stated in the OP is not really huge, as a gambler, we are willing to take the risk, so that increase of fee is something we can take.. you are right DroomieChikito , why not win an amount to pay the fee, problem solve my friend.

I think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.

Not a risk if we know how to manage that risk, if we think that the fee is something we can't take, why withdraw frequently? let your money sleep for awhile and just withdraw when the fee is already affordable.
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August 08, 2020, 11:23:37 AM
 #24

indeed we are already used to it and it happens when crypto price rise. depends on how much the rise of the coin , its withdrawal fee are going to be impacted  . good thing there are other coins that dont pump yet and their fees is still low like for example xrp but it also depend on the gambling site.

 if no light coins available atm on the casino where i play , id rather not withdraw or changed casinos  .
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August 08, 2020, 11:28:50 AM
 #25

I planned to move in other online casino that have lower withdrawal fee because for me it is really a matter even though the differences are not huge.
No problem it's your choice, but if you move into another casino you have to start from the beginning, learning how it works again and learning a chance to win again.

Not a risk if we know how to manage that risk, if we think that the fee is something we can't take, why withdraw frequently? let your money sleep for awhile and just withdraw when the fee is already affordable.
Not all people can manage the risk, as I know (like me) only know bet button  Grin

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August 08, 2020, 11:52:44 AM
 #26

Fees can be a problem, especially when we withdraw. Sending fees can be adjusted, at the cost of waiting to get confirmed, like always lower fees more waiting, higher fees faster conformation.
There's no other cure for this than choosing some alt for gambling, and it's why I started to gamble with alts years ago. Alts like trx, doge, ltc and others are fast and with very low fees.

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August 08, 2020, 12:11:57 PM
 #27

The OP is concerned about big player but they are not really the most affected because transaction fee is fixed to all withdrawal amount so that minimal fee will not gonna hurt them. Small players is the most affected and suffering huge withdrawal fee. It's better to gamble using altcoin like $XRP because it's fee is very cheap no matter what is the price of BTC.

Some Casino has built-in exchange, Players there are very lucky because they can avoid huge transaction fee of BTC by converting in to altcoins that has lower fee.

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August 08, 2020, 12:25:58 PM
 #28

This is to be expected I guess, especially in this time of pandemic because people started to prioritize first their needs and they only gamble a little compare before, that's why the gambling site increases their withdrawal fees, because they have a business to keep running as well as families to feed.

Just like what you have mentioned, clearly they are taking the advantage to take back the profits or bankroll they lost during the first wave of the pandemic. And I guess you shouldn't probably playing gambling if you're being bother by the sudden rise of their withdrawal fees cause that just means you can't afford to lose what you have.
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August 08, 2020, 12:33:24 PM
 #29

You could ask OP on the official threads here if that gambling site is promoting it here also.I bet they too had good reason and answer for the sudden increase. As we all know that anywhere in this globe basic commodities always arises so does other things unending arise of prices even now with the pandemic.

Well, we have to move on accept probably there will be  good news after that and sense that we could expect better service and higher chances in winning games.
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August 08, 2020, 12:35:39 PM
 #30

There is a relation to the current price rise of bitcoin and also because of the network congestion. I'll take the advice of others if you don't want to pay the increased fee for bitcoin withdrawals, you can always convert it to altcoins which have lesser fees.

But if your casino doesn't have an option or feature like that, you can set to the lowest priority but make sure that you're not in a hurry. We have no choice if fee increases but to do what fits the likes of you in withdrawal.



But I know one new casino here that the withdrawal is really high and no other options. So if you are a gambler who is conscious about the withdrawal fees, you need to check first their fees and options before sending any money to the casino. With the network getting congested, they really have no choice but increase their fees.
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August 08, 2020, 02:43:41 PM
 #31

Well, I don't usually gamble but that's also one thing that we can't avoid when the price of bitcoin increases. However, even with the increase, I still gamble with bitcoin just because I'm so used to it and I feel more comfortable using it that I don't bother using other coins regardless if bitcoin has a higher withdrawal fee.

Maybe also one thing that higher withdrawal fees is not bothering me much because I only gamble occasionally, meaning I don't have to make a lot of withdrawals. Also, the last time I made my withdrawal, it is not that high.
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August 08, 2020, 02:53:20 PM
 #32

That's why it's hard to play on casinos these days due to the sudden spike in fees that they have implemented. Casinos that implement withdrawals with custom withdrawal fees are very rare and are much needed IMO especially if the players who want to cash out don't mind waiting for a few hours to get their coins in their wallets. I'm one of those who doesn't really give much thought on how long do I receive a transaction as long as I see it already on block explorers since I don't really use bitcoin/crypto much for spending, only just for gambling and ordering random stuff that I like. If they'd implement this, I'm sure this would be appreciated by a lot of gamblers since it might save them even more satoshis which they can use to further play on the platform.

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August 08, 2020, 02:59:29 PM
 #33

Some Casino has built-in exchange, Players there are very lucky because they can avoid huge transaction fee of BTC by converting in to altcoins that has lower fee.
From my experience you'd still take a hit by using their exchanges the conversion rates are significantly lower since they need to make a profit out of it. You're better off doing the trade in an actual exchange or wait for the right time if their fees are dynamic.

What if the casino's doesn't have the options to withdraw your funds in other coins? So it's either you:

(a) wait till everything settles down
(b) or withdraw it in batches, it might take long though and won't be instant (of course, there's no such thing as instant, you still need to wait for a couple of hours)
And a third option which is to man up and pay the fee since there are casinos that won't reduce their high fixed fees.

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August 08, 2020, 03:06:33 PM
 #34

This has been seen whenever the price of Bitcoin rise, so, no gambler should be shock when seeing this happening. As a gambler, gambling with Bitcoin has taught me several lessons from the beginning and have learned much. Most of my gambling platforms are those with options of altcoins and not just solely on Bitcoin only. Bitcoin rise always come alongside with different challenges which mostly affect it fees hugely.

The only way to avoid this bitcoin fees spike in the coming weeks and months is taking the appropriate decision now to change to gambling casinos platforms that allow altcoins as an option. Gambling casinos platforms with exchange still the best.

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August 08, 2020, 03:13:27 PM
 #35

I planned to withdraw the other day in one of the gambling site then it surprise me their fees to withdraw is expensive. Granted btc price increase these days so it's best also to use other coins which cater lower fees. Some site they have lower fees of 0.0002 btc from vipgame which is fine and some rate is 0.0005 which is high fees so some gamblers avoid using btc to withdraw and some avoid in playing online these days for the meantime.

It's bothering but understandable, fees are based from the network and casino house are mostly relying that from the situation.

Most gamblers knows it and some already choose to use other coins,
alternatives that have lower fees. They still enjoy the same game
but they ain't worry anymore with high fees.

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August 08, 2020, 03:17:44 PM
 #36

It is not new if the price of Bitcoin increases, it will also increase casinos withdrawal fees. The popular way of dealing with this,
by using altcoins to withdraw from gambling sites. Coins like XRP, LTC and DOGE are the right choice to make a withdrawal.
Because withdrawal with altcoins is not only cheaper, but the process is also fast.

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August 08, 2020, 03:27:41 PM
 #37

Casino withdrawals fees has rose sharply in last few months. I remember cashing out from bustabit at about 967 satoshis a few months ago while the last time I did, the fees were about 50K satoshis. Even at the time of writing the fees are 4.5K saotshis. They have a flexible approach to fees and those fees are for slow withdrawals.


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August 08, 2020, 04:11:06 PM
 #38

Try to contact the owner of the casino that you have found increasing their withdrawal fees. There are some gambling site thta have fixed withdrawal fees due to a reason. Asking would be the best choice to do if the casino did increase their withdrawal fee or try gambling on a casino that accept different cryptocurrency.

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August 08, 2020, 04:19:57 PM
 #39

-
That is why, it would be more appropriate to withdraw at least 0.03 - 0.05 amount of bitcoin on a regular basis whenever the mempool is congested.
It is supposed to be when mempool is "not" congested, right? Or did I have the wrong idea?  Grin
There is nothing we can do but wait until the mempool transaction declined or cash out big.
It is better to wait, than to risk insane fees. And so far, this seemed more practical, in my opinion, specially when you're not rushing anything. Since it will be confirmed, after all.

-
It's bothering but understandable, fees are based from the network and casino house are mostly relying that from the situation.
I agree, it is just an assurance for your transaction to come in no time on its designated address. Besides, if you're not fond of converting your stuff into altcoins (since it is an extra work, or for whatever reason) , then better take into consideration what @Maus0728 said above. It will be just a waiting game, you're going to deal with  Wink.
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August 08, 2020, 04:32:54 PM
 #40

Try to contact the owner of the casino that you have found increasing their withdrawal fees. There are some gambling site that have fixed withdrawal fees due to a reason. Asking would be the best choice to do if the casino did increase their withdrawal fee or try gambling on a casino that accept different cryptocurrency.

There nothing wrong asking them, they might adjust if they are capable of.

Or, your other options are also good if you want to prevent such high fees, you can use other coins
that also accepted from the gambling place that you are playing,
but if not you can always find other reputable gambling house that allows you
to use  alts to play your favorite games.









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August 08, 2020, 04:37:32 PM
 #41

Try to contact the owner of the casino that you have found increasing their withdrawal fees. There are some gambling site thta have fixed withdrawal fees due to a reason. Asking would be the best choice to do if the casino did increase their withdrawal fee or try gambling on a casino that accept different cryptocurrency.

This will not be fair for the casino to lower the withdraw fee for those who request them or contact them. The fee should be same for everyone.
In most cases, it is useless to contact the support on withdrawal fee issue because they will simply say that it is not in their control because the tx fee are increased throughout the bitcoin blockchain.

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August 08, 2020, 06:12:10 PM
 #42

This type of casinos are taking advantage of bitcoin increase in which they shouldn't have to do because they can just remain
their fees the same if they really care to their customers because if the customers will not like their actions then they will surely
transfer to other casinos that offers a fair fees even if the bitcoin prices continuos to increase.

It will be good if you can drop some list of casinos here so we can do a comparison to their fees and for other users also
to decide whether they need to transfer to other casinos or they can just remain if they are not worried about the increase of fees.
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August 08, 2020, 07:10:22 PM
 #43

That is why I avoid gambling with bitcoin especially when the price rises. Moving your funds from one place to another cost a lot. I switch to altcoins to avoid this absurd fee, there are casinos where you can choose your favorite coin, you can always try XRP which I believe is one of the best options in terms of withdrawal fees.

The fee is a big concern for small players like me I changed my options to Doge and XRP and if not available I checked which is the best coins to deposit that are cheap and fast so if you're a small players you are on a lost using Bitcoin, even Ethereum has an increase on it's fee I once deposit and paid $2.10 first time it happen to me on Ethereum deposit.

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August 08, 2020, 08:15:10 PM
 #44

Casino withdrawals fees has rose sharply in last few months. I remember cashing out from bustabit at about 967 satoshis a few months ago while the last time I did, the fees were about 50K satoshis. Even at the time of writing the fees are 4.5K saotshis. They have a flexible approach to fees and those fees are for slow withdrawals.
The fees always varies on any type of the coin where the network congestion is big deal in determining the fees, even the slower ones will rise due to this. And this is why bitcoin withdrawals are more expensive than any other coins coz the network is easily congested unlike ethereum which can handle a lot of transaction at a time. So the timing of withdrawal is a must to, you don't want to spend much on a fee unless you are in a hurry in which I think is rare for a gambler. This is also why I withdraw every time I'm done playing, this happens frequently.
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August 08, 2020, 08:28:08 PM
 #45

The fees always varies on any type of the coin where the network congestion is big deal in determining the fees, even the slower ones will rise due to this.
Well, that is right. Bitcoin gambling casino has no fault here when the withdrawal fee will arise. When the network is congested, that is expected that bitcoin fee will also arise due to overloaded network and a lot of unconfirmed transaction. You can check mempool in that way, if the network is congested, don't mind about withdrawal. Just wait until the network did not busy and withdraw your bitcoin. [option 1]

Another is, --exchange your bitcoin into lower fees altcoin, like XRP and Ethereum to your wallet. But make sure that the online casino site has multiple cryptocurrencies accepted. [option 2]









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August 08, 2020, 08:35:25 PM
 #46


So there are people here who will just play on the site and if win, will withdraw immediately? Then deposit and so on? It's a NO for me unless I got hooked up at the site but still it will eventually lead me to do a casual withdrawal to save fees.

There is fees concern even before so I don't usually withdraw especially if I always used the site (yes, part of the risks). In that way, a) I can place my bet right away without depositing b saved withdrawal fees. Like for example in NitrogenSports, only Bitcoin is the accepted payment method here so I have now used to only withdraw whenever it needed.



This type of casinos are taking advantage of bitcoin increase in which they shouldn't have to do because they can just remain
their fees the same if they really care to their customers because if the customers will not like their actions then they will surely
transfer to other casinos that offers a fair fees even if the bitcoin prices continuos to increase.

Like what casinos? Fees now become concerned because they looked at crypto's fiat value.

Overall, it should always be crypto to crypto.

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August 08, 2020, 09:16:17 PM
 #47

The fees always varies on any type of the coin where the network congestion is big deal in determining the fees, even the slower ones will rise due to this.
Well, that is right. Bitcoin gambling casino has no fault here when the withdrawal fee will arise. When the network is congested, that is expected that bitcoin fee will also arise due to overloaded network and a lot of unconfirmed transaction. You can check mempool in that way, if the network is congested, don't mind about withdrawal. Just wait until the network did not busy and withdraw your bitcoin. [option 1]
Yeah it is advisable to check mempool whenever trying to withdraw, and aside from the literal bitcoin fee or whatever coin that you use there are still casino fee on withdrawal, that's added to the fee that you are paying. Preferably to wait rather than spending too much, or if the bitcoin rises try to calculate a little coz that's also a gain to you, so spending a little more won't hurt your pocket.

Another is, --exchange your bitcoin into lower fees altcoin, like XRP and Ethereum to your wallet. But make sure that the online casino site has multiple cryptocurrencies accepted. [option 2]
The best option is this but I doubt it would just add to your costs coz it will generate a fee, then another fee for transferring into another. Nothing to worry about the casinos, casinos now are multicurrency integrated. Calculation before withdrawal is a must.
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August 08, 2020, 09:19:41 PM
 #48

...

Doesn't NitrogenSports KYC you immediately though? If I'm running up a balance, I need to withdraw smaller amounts because some of these shady casinos will immediately request documents the moment you get considerable winnings. Bitstars pulled this before and other people have had the same experience.
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August 08, 2020, 10:08:04 PM
 #49




Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)
Its the reality and we arent only experiencing this on gambling field but also in other services as well when bitcoins price tend to rally up then so as with it fees.

And this is where Altcoins would take in play..For small time gamblers then it would better to take this option yet fees wont really increase that much

compared to bitcoin but if you do really like on using up btc then you have to deal with it or simply just skip out and wait for fees to settle down.

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August 08, 2020, 10:31:56 PM
 #50

From rare sense, the increase of bitcoin should result to the increase of withdrawal charges of casinos games or rather other crypto gambling platforms as to increase the company rates of income stability, meanwhile lowering withdrawal charges distabilize it aims at certain point of targets by the casinos gambling companies.
Most time bitcoin had the highest charges so far therefore bettors should consider converting to other coin if that is actually available on some casinos platform for convenient withdraw.
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August 09, 2020, 12:10:47 AM
 #51

Try to contact the owner of the casino that you have found increasing their withdrawal fees.
I think, contacting support for decrease the fee is embarrassing self. When comes into casino player bring a lot of money in a briefcase, winning a big amount of bet and make his big smile face. then suddenly, comes to be unhappy when withdrawing a "big" fee?,  Roll Eyes

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August 09, 2020, 12:46:54 AM
 #52

There is a relation to the current price rise of bitcoin and also because of the network congestion. I'll take the advice of others if you don't want to pay the increased fee for bitcoin withdrawals, you can always convert it to altcoins which have lesser fees.

But if your casino doesn't have an option or feature like that, you can set to the lowest priority but make sure that you're not in a hurry. We have no choice if fee increases but to do what fits the likes of you in withdrawal.



But I know one new casino here that the withdrawal is really high and no other options. So if you are a gambler who is conscious about the withdrawal fees, you need to check first their fees and options before sending any money to the casino. With the network getting congested, they really have no choice but increase their fees.
What's that casino? we still have an option and that is not to gamble on that casino if you find their withdrawal fee to be high. That's the best solution for someone who look to the fees as high as ever when you withdraw.

But it's also good to understand how the fees work. Casinos are flexible with their withdrawal fees because they also rely to the network's reaction so if there's a congestion, expect higher fees.

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August 09, 2020, 04:38:44 AM
 #53

There is a relation to the current price rise of bitcoin and also because of the network congestion. I'll take the advice of others if you don't want to pay the increased fee for bitcoin withdrawals, you can always convert it to altcoins which have lesser fees.

But if your casino doesn't have an option or feature like that, you can set to the lowest priority but make sure that you're not in a hurry. We have no choice if fee increases but to do what fits the likes of you in withdrawal.



But I know one new casino here that the withdrawal is really high and no other options. So if you are a gambler who is conscious about the withdrawal fees, you need to check first their fees and options before sending any money to the casino. With the network getting congested, they really have no choice but increase their fees.
What's that casino? we still have an option and that is not to gamble on that casino if you find their withdrawal fee to be high. That's the best solution for someone who look to the fees as high as ever when you withdraw.

But it's also good to understand how the fees work. Casinos are flexible with their withdrawal fees because they also rely to the network's reaction so if there's a congestion, expect higher fees.

I never understand why people blame casino's for the higher fee which is not in their control. Secondly people are worried to lose few satoshi in withdrawal tx fee but are happy to lose lot of money and bitcoins through gambling  Wink

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August 09, 2020, 05:33:58 AM
 #54

From rare sense, the increase of bitcoin should result to the increase of withdrawal charges of casinos games or rather other crypto gambling platforms as to increase the company rates of income stability, meanwhile lowering withdrawal charges distabilize it aims at certain point of targets by the casinos gambling companies.
Most time bitcoin had the highest charges so far therefore bettors should consider converting to other coin if that is actually available on some casinos platform for convenient withdraw.

The gambler will know where they should play, so if bitcoin fees increase, they can convert to other coins, which can reduce the fee. It is about how the gambler can select the gambling site, which has other coins to gamble, so they don't have to use bitcoin to gamble, but they can also use the altcoin to gamble. In the gambling site itself, if they only have bitcoin as the only one coin, I think their website is hard to grow because the gambler wants to use other coins than to just use bitcoin.
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August 09, 2020, 08:16:24 AM
 #55

From rare sense, the increase of bitcoin should result to the increase of withdrawal charges of casinos games or rather other crypto gambling platforms as to increase the company rates of income stability, meanwhile lowering withdrawal charges distabilize it aims at certain point of targets by the casinos gambling companies.
Most time bitcoin had the highest charges so far therefore bettors should consider converting to other coin if that is actually available on some casinos platform for convenient withdraw.

The gambler will know where they should play, so if bitcoin fees increase, they can convert to other coins, which can reduce the fee. It is about how the gambler can select the gambling site, which has other coins to gamble, so they don't have to use bitcoin to gamble, but they can also use the altcoin to gamble. In the gambling site itself, if they only have bitcoin as the only one coin, I think their website is hard to grow because the gambler wants to use other coins than to just use bitcoin.
Maybe there are certain reasons why many gambling sites increases their withdrawals fee. There are pros and cons on what they did, the pros is their revenues will increase and the cons is there is possibilities that few of their users or the gamblers who are using the platform may switch to another casinos because of the lower fees that they are offering. I usually use bitcoin when I gambling and I also mind the fee because for me it is important that is why I choose gambling sites that are offering low withdrawal fees.

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August 09, 2020, 09:58:13 AM
 #56

.../...
I think that being specific is not necessary because the subject can be dealt with in a general way, it is a matter of discussing and learning from places like the one you mention, I just visited it and it has poker which is what I like. Thanks for that information.


Maybe not, but I still want to know so I can give a good suggestion, the site I've mentioned, I'm using it regularly and I have no headache with the withdrawal fee as it's free every time. Other sites I know they have some withdrawal fee, so why OP would not choose a site that does not charge a withdrawal fee, that's very simple, and I understand that only few among the sites are offering free withdrawal fee, only sportsbet is the site I know.

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August 09, 2020, 10:52:14 AM
 #57

The big names in this field offer for people who do not like increasing fees the option to deposit and withdraw with altcoins.Almost every altcoin even those who can be considered extremely well known offer good small fees in their transactions.I also think you should be specific as some casinos still continue instant withdraws and they pay the fees for us.

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August 09, 2020, 11:16:13 AM
 #58

That bitcoin rises and consequently the withdrawal fees rise, we are used to it, but this time some casinos have increased up to 300% or more, I do not know if anticipating that bitcoin continues to increase.

The increase should always be proportional to the increase in bitcoin or fairly close.

How much does it bother you that it increases disproportionately? Do you change casino for this reason?

Let's go! It is not that they are so exorbitant amounts compared to some exchanges, for example.
But there are players who are moving their balances from one place to another looking for bonuses etc.

Generally those that move in a bankroll between $ 10 and $ 100. This affects them, a withdrawal commission of $ 3 after paying before (bitcoin price +/- $ 9500) $ 0.45 is taking away a percentage of profit from the players of the micro-bets.



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)
Withdrawal fee doesn't increase due to the price rise, its just increased due to more clogged network on the blockchain, and you can't blame the casinos and if you care about the increase in bitcoin's withdrawal fee then better move to altcoins to bet so you can save that micro bet you are talking about.But what I noticed is that withdrawal fee on the casinos are far less than while withdrawing from our wallets because casinos make batch withdrawals which can save fees in total.
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August 09, 2020, 03:33:35 PM
 #59

That bitcoin rises and consequently the withdrawal fees rise, we are used to it, but this time some casinos have increased up to 300% or more, I do not know if anticipating that bitcoin continues to increase.

The increase should always be proportional to the increase in bitcoin or fairly close.

How much does it bother you that it increases disproportionately? Do you change casino for this reason?

Let's go! It is not that they are so exorbitant amounts compared to some exchanges, for example.
But there are players who are moving their balances from one place to another looking for bonuses etc.

Generally those that move in a bankroll between $ 10 and $ 100. This affects them, a withdrawal commission of $ 3 after paying before (bitcoin price +/- $ 9500) $ 0.45 is taking away a percentage of profit from the players of the micro-bets.



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)
Withdrawal fee doesn't increase due to the price rise, its just increased due to more clogged network on the blockchain, and you can't blame the casinos and if you care about the increase in bitcoin's withdrawal fee then better move to altcoins to bet so you can save that micro bet you are talking about.But what I noticed is that withdrawal fee on the casinos are far less than while withdrawing from our wallets because casinos make batch withdrawals which can save fees in total.
I think the other reason behind the sudden increase on casinos withdrawal fees is the pandemic and the demand. We are all suffering in the midst of this pandemic but still a lot of gamers and gamblers has their own ways to manage their time and effort to play even if most of us are suffering from food and money shortage that's why the management of the casinos decided to increase their fees in order for them to increase also the payment of their workers as a help for them.
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August 09, 2020, 03:58:39 PM
 #60



Its the reality and we arent only experiencing this on gambling field but also in other services as well when bitcoins price tend to rally up then so as with it fees.

And this is where Altcoins would take in play..For small time gamblers then it would better to take this option yet fees wont really increase that much

compared to bitcoin but if you do really like on using up btc then you have to deal with it or simply just skip out and wait for fees to settle down.

I agree it's something that we will experience from time to time I remember experiencing this two years ago, and now some months ago again be prepare to take some options and you have other coins for options in case you don't want to deposit Bitcoin with higher fee, my coins of options are Litecoin, XRP and Tron.
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August 09, 2020, 03:59:19 PM
 #61

That bitcoin rises and consequently the withdrawal fees rise, we are used to it, but this time some casinos have increased up to 300% or more, I do not know if anticipating that bitcoin continues to increase.

The increase should always be proportional to the increase in bitcoin or fairly close.

How much does it bother you that it increases disproportionately? Do you change casino for this reason?

Let's go! It is not that they are so exorbitant amounts compared to some exchanges, for example.
But there are players who are moving their balances from one place to another looking for bonuses etc.

Generally those that move in a bankroll between $ 10 and $ 100. This affects them, a withdrawal commission of $ 3 after paying before (bitcoin price +/- $ 9500) $ 0.45 is taking away a percentage of profit from the players of the micro-bets.



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)
High fees are definitely a deal breaker to me when it comes to playing in casinos because I do not really like the idea of leaving my coins in a casino because you never know when a hack is going to happen, as such I deposit very low amounts of money in the casino most likely thinking that I will lose everything but if I happen to win I want to withdraw that money and high fees are for the most part just another way for casinos exchanges to overcharge you and earn more money.

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August 09, 2020, 04:08:19 PM
 #62

Why not use some casinos that accepts trx doge or some casinos that accepts crypto coins/tokens that has low fees? Right now there are numerous crypto that has different payment options but if you don't have any other crypto on your wallet then you have to digest what's really the fee the casino requires.

I don't have to change casino of course, I change my payment option usually the likes of XRP as it's more convenient as well.
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August 09, 2020, 04:18:11 PM
Last edit: August 10, 2020, 06:52:28 PM by famososMuertos
 #63

Update: 08/09/2020
Update/edit: 08/10/2020
_


Please feel free to contribute additional topics:

_ I have already commented on the reason for the increase in Fee. Several guesses with that, but "ready"

_ Yes! altcoin / shitcoin are alternative, it is not necessary to add more of that.

If you have any personal experience, specific recommendation, you would be contributing enormously.

If you know the casino fees of your campaign, it is good to know them if you know of others, also preferably add Bitcoin.

Anyway, add "substance," I'd appreciate it.




In the case of YOLOdice website, we can't deny that the withdrawal fees are significantly high which makes it impractical to withdraw such low amount of bitcoin. At the time of writing this, the "instant withdrawal" option will cost you for about 0.00117 BTC while the batch withdrawal will cost you for about 0.000585 BTC. That is why, it would be more appropriate to withdraw at least 0.03 - 0.05 amount of bitcoin on a regular basis whenever the mempool is congested.

Moreover, I also don't think if YOLOdice is making profit with regards to withdrawal. The reason why there is an increase of withdrawal fees is that ethan decides that the withdrawal fee must be proportional to the network fee and making sure that the transaction will be confirmed in the next few blocks possible.

There is nothing we can do but wait until the mempool transaction declined or cash out big.
Thank you, it is that one wants to read and even more so if it is in your signature "should" (that nothing forces it, but is restrictive from the point of what it does, promote a betting site) to know, I am surprised to read comments " like I don't gamble "or" I usually don't "and he's in Gambling and he's got a related signature.

Hopefully there will be more reading options like yours, # 2, and also from those who contribute in relation to the OP.


__
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This is to be expected I guess, especially in this time of pandemic because people started to prioritize first their needs and they only gamble a little compare before, that's why the gambling site increases their withdrawal fees, because they have a business to keep running as well as families to feed.

Just like what you have mentioned, clearly they are taking the advantage to take back the profits or bankroll they lost during the first wave of the pandemic. And I guess you shouldn't probably playing gambling if you're being bother by the sudden rise of their withdrawal fees cause that just means you can't afford to lose what you have.
Please! do not include or treat sensitive topics and try to relate them to my OP. I do not feel identified with your comment, not in how it intends to contextualize, if my OP led her to that, it is not the idea, my apologies.

_____

The OP is concerned about big player but they are not really the most affected because transaction fee is fixed to all withdrawal amount so that minimal fee will not gonna hurt them. Small players is the most affected and suffering huge withdrawal fee. It's better to gamble using altcoin like $XRP because it's fee is very cheap no matter what is the price of BTC.

Some Casino has built-in exchange, Players there are very lucky because they can avoid huge transaction fee of BTC by converting in to altcoins that has lower fee.
Don't change my context, in fact you are taking my idea in your answer.

It is not XRP or any other altcoin, it is bitcoin in the bet, the action to withdraw can be changed if the casino allows it, there are more "good" casinos that do not have it.

Understand something when you get used to making calculations in relation to the bet size potodds etc that are relevant, you cannot be using shitcoin (which is not limiting). I know that many here only know about slots, dice, sports bets.
______

Gamblers won't withdraw from the casinos regularly. Most of the top rated casinos always give the best entire access to the users. We're responsible to take care of our funds with ultimate security.

Look into casineos casino, once on sign-up you need to secure your security key as well as recovery words. Further if you forget your password this is the only option to recover your funds. The team can't do anything in such situation. As there is no third party control over our funds why can't we withdraw at some specific time interval to avoid the fee.
?
Do not put 99.99% Off-topic mode and 0.01% On Topic

____________

...
Withdrawal fee doesn't increase due to the price rise, its just increased due to more clogged network on the blockchain, and you can't blame the casinos and if you care about the increase in bitcoin's withdrawal fee then better move to altcoins to bet so you can save that micro bet you are talking about.But what I noticed is that withdrawal fee on the casinos are far less than while withdrawing from our wallets because casinos make batch withdrawals which can save fees in total.
Please do your research on the subject, do not target your answer based on things you have just read, perhaps in this thread, experience helps contextualize and knowledge to be accurate.

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mersal
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August 11, 2020, 06:58:52 AM
Last edit: August 11, 2020, 02:41:19 PM by mersal
 #64

That bitcoin rises and consequently the withdrawal fees rise, we are used to it, but this time some casinos have increased up to 300% or more, I do not know if anticipating that bitcoin continues to increase.

The increase should always be proportional to the increase in bitcoin or fairly close.

How much does it bother you that it increases disproportionately? Do you change casino for this reason?

Let's go! It is not that they are so exorbitant amounts compared to some exchanges, for example.
But there are players who are moving their balances from one place to another looking for bonuses etc.

Generally those that move in a bankroll between $ 10 and $ 100. This affects them, a withdrawal commission of $ 3 after paying before (bitcoin price +/- $ 9500) $ 0.45 is taking away a percentage of profit from the players of the micro-bets.



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)
Withdrawal fee doesn't increase due to the price rise, its just increased due to more clogged network on the blockchain, and you can't blame the casinos and if you care about the increase in bitcoin's withdrawal fee then better move to altcoins to bet so you can save that micro bet you are talking about.But what I noticed is that withdrawal fee on the casinos are far less than while withdrawing from our wallets because casinos make batch withdrawals which can save fees in total.
I think the other reason behind the sudden increase on casinos withdrawal fees is the pandemic and the demand. We are all suffering in the midst of this pandemic but still a lot of gamers and gamblers has their own ways to manage their time and effort to play even if most of us are suffering from food and money shortage that's why the management of the casinos decided to increase their fees in order for them to increase also the payment of their workers as a help for them.
No they won't do in that way, or else they are going to lose their customers, still the memepool is slightly clogged so I find the transaction fee little higher but low less compared to previous weeks so it all depends on the network not on the casinos itself.




Please do your research on the subject, do not target your answer based on things you have just read, perhaps in this thread, experience helps contextualize and knowledge to be accurate.
Yes I am following bustadice withdrawal fee where the fee is only based on the network requirements, previously the prices increased to $11,000 in this year but at that time where withdrawal fee for instant was about 50 bits only but now is is in the region of 200 bits for instant and 40 bits for regular batching withdrawal.
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August 11, 2020, 07:52:54 AM
 #65

Why not use some casinos that accepts trx doge or some casinos that accepts crypto coins/tokens that has low fees? Right now there are numerous crypto that has different payment options but if you don't have any other crypto on your wallet then you have to digest what's really the fee the casino requires.

I don't have to change casino of course, I change my payment option usually the likes of XRP as it's more convenient as well.

most of the gambling casino we have now accepting other crypto currency so I don't think thats the real issue of the OP maybe he prefer to use bitcoin for gambling but he need to learn now how to use other crypto currency as alternative if they want to have low fees to be use for gambling.

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August 11, 2020, 11:52:13 AM
 #66


Not a risk if we know how to manage that risk, if we think that the fee is something we can't take, why withdraw frequently? let your money sleep for awhile and just withdraw when the fee is already affordable.
Not all people can manage the risk, as I know (like me) only know bet button  Grin

LOL, you should learn how to, it's important to also know how to manage the risk and not just knowing the game, you'll realize that sooner when you fall with your own emotion and you act weird chasing your bets when you lose and would result to a lose beyond your expectation.


You are not wise..............

DOGE I guess is the cheapest and fastest, maybe OP should try this one.
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August 11, 2020, 11:58:00 AM
 #67


How much does it bother you that it increases disproportionately? Do you change casino for this reason?



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)

It would surely affect a lot of players since they are sacrificing at least large amounts of their profit by just withdrawing their winnings or funds. Maybe it bother others who have no additional income from other aspects in the Cryptocurrency Industry since gambling is really a great way to earn money if you are aware of its risks.

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August 11, 2020, 12:32:44 PM
 #68

Why not use some casinos that accepts trx doge or some casinos that accepts crypto coins/tokens that has low fees? Right now there are numerous crypto that has different payment options but if you don't have any other crypto on your wallet then you have to digest what's really the fee the casino requires.

I don't have to change casino of course, I change my payment option usually the likes of XRP as it's more convenient as well.

most of the gambling casino we have now accepting other crypto currency so I don't think thats the real issue of the OP maybe he prefer to use bitcoin for gambling but he need to learn now how to use other crypto currency as alternative if they want to have low fees to be use for gambling.

If he knows how to convert his bitcoin to other coins, he will not have a problem in fees to withdraw the money. As you say, that now many gambling websites have the option to exchange from bitcoin to altcoin, which can help us to reduce the fees. It is no problem if he likes to use bitcoin to gamble, but it is better to convert it to altcoin if the fees are still too high.
Is there really gambling website where you can exchange bitcoin into selected altcoins? If yes can you give example because I want now to use altcoins because of the fees that keep rising. As a gambler, withdrawal fees are also factor and I want a gambling website have that kind of features where you can directly exchange your bitcoin in selected altcoins.
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August 11, 2020, 12:43:14 PM
 #69

The increase in casinos withdrawal fees due to the rising price of Bitcoin is a problem for some people. Especially gamblers with small capital,
must be overwhelmed by the increase in withdrawal fees. Except online casinos that provide altcoins as a withdrawal option.Because choosing
withdrawal with altcoins like XRP, LTC and DOGE is much cheaper than withdrawing using Bitcoin. But if the online casinos only have Bitcoin
withdrawal options, of course I will replace them with other online casinos. Because I'm one of those people who have a small bankroll, so the
increase in withdrawal fees is burdensome for me.

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August 11, 2020, 01:02:03 PM
 #70

These kinds of things are planned from the start, as soon as they see there are lots of people playing and withdrawing their money at a higher percentage than before. they need to think of a way to take advantage of the opportunity and there have you, a new way to gather money from the players without event using any tools or strategies. as simple as that, rising the withdrawal fees, the players will not have any option but to obey the new rules implemented by the Casinos.

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August 11, 2020, 01:24:13 PM
 #71

I understand casino owner's with this kind of move it's to protect their business, especially when Bitcoin had such a massive move through the upside, they will end up in losses for sure.
To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.

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August 11, 2020, 02:19:41 PM
 #72

These kinds of things are planned from the start, as soon as they see there are lots of people playing and withdrawing their money at a higher percentage than before. they need to think of a way to take advantage of the opportunity and there have you, a new way to gather money from the players without event using any tools or strategies. as simple as that, rising the withdrawal fees, the players will not have any option but to obey the new rules implemented by the Casinos.

Good and perfectly fits from this situation, It's much easier for casino owners to ride with this and take advantage.
There's no way for gamblers not to follow in order to withdraw their funds.

This adjustment being imply inside the casino house is part of the process, that gamblers needs to embrace and adopt.

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August 11, 2020, 04:26:52 PM
 #73

I understand casino owner's with this kind of move it's to protect their business, especially when Bitcoin had such a massive move through the upside, they will end up in losses for sure.
To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.
It should be the opposite since it becomes difficult and expensive to withdraw smaller deposits since you have to pay for the fee as well. While for those gamblers that have a bigger bankrolls it's never an issue even if the casino have a deposit rollover you only lose a very small amount.

I think i've mentioned this in a different thread but dinabot could be a good alternative for gamblers who play on some of the popular dice sites and transfer their balance between different casinos to look for the cheapest fee possible.

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August 12, 2020, 06:55:02 AM
 #74

I understand casino owner's with this kind of move it's to protect their business, especially when Bitcoin had such a massive move through the upside, they will end up in losses for sure.
To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.
Not every crypto currencies transaction fees are higher st the current time so people who are going to deposit little money can switch to an altcoin which is more faster and cheaper.Doge coin is one of the coin used by most of the gamblers who don't want to pay such high withdrawal fee, any comment on this?









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August 12, 2020, 07:11:41 AM
 #75

Actually, I have seen things happen in the opposite direction for two of the casinos I play at:)

Yolodice, for example, reduced their fees by half more or less, and FortuneJack actually went to completely zero fees for withdrawals. Bitvest doubled their though but they were quite small to begin with.

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August 12, 2020, 07:40:55 AM
 #76

Casinos rising withdrawal fees makes no sense because after all the player pays for the transaction fees and not the casino. Essentially lifting the withdrawal fee up is nothing but a strategy of casinos to make more money as player would have to play more to be able to withdraw.
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August 12, 2020, 08:15:07 AM
 #77



Its the reality and we arent only experiencing this on gambling field but also in other services as well when bitcoins price tend to rally up then so as with it fees.

And this is where Altcoins would take in play..For small time gamblers then it would better to take this option yet fees wont really increase that much

compared to bitcoin but if you do really like on using up btc then you have to deal with it or simply just skip out and wait for fees to settle down.

I agree it's something that we will experience from time to time I remember experiencing this two years ago, and now some months ago again be prepare to take some options and you have other coins for options in case you don't want to deposit Bitcoin with higher fee, my coins of options are Litecoin, XRP and Tron.
For those who were not able to experience this kind of changes happen in cryptocurrency then pretty sure they will wonder why it happen. I conduct a google search on it before that it was happening and then direct me to a site telling that the high transaction fee is due to the high demand of miners or the numbers of transaction being made will make this as reason for the increase. More people are needing now the service of the miners which miners now are catering or prioritizing on those people who are willing to pay higher transaction fee to speed up the transaction.
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August 12, 2020, 11:06:51 AM
 #78



Its the reality and we arent only experiencing this on gambling field but also in other services as well when bitcoins price tend to rally up then so as with it fees.

And this is where Altcoins would take in play..For small time gamblers then it would better to take this option yet fees wont really increase that much

compared to bitcoin but if you do really like on using up btc then you have to deal with it or simply just skip out and wait for fees to settle down.

I agree it's something that we will experience from time to time I remember experiencing this two years ago, and now some months ago again be prepare to take some options and you have other coins for options in case you don't want to deposit Bitcoin with higher fee, my coins of options are Litecoin, XRP and Tron.
For those who were not able to experience this kind of changes happen in cryptocurrency then pretty sure they will wonder why it happen. I conduct a google search on it before that it was happening and then direct me to a site telling that the high transaction fee is due to the high demand of miners or the numbers of transaction being made will make this as reason for the increase. More people are needing now the service of the miners which miners now are catering or prioritizing on those people who are willing to pay higher transaction fee to speed up the transaction.

Yes, so higher the fees you pay top priority you get to get your transaction confirmed over others. So at times you see you have to pay higher amount when there is a huge transfer happening or withdrawals happening so the rates increases and when there is not much withdrawals transaction fees are less.

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August 12, 2020, 11:54:47 AM
 #79

Each gambling site has a different withdrawal fees, therefore the solution might be to choose gambling sites with the lowest
withdrawal fees. But the problem is gambling sites with low withdrawal fees are not necessarily credible and reliable. So for me
it doesn't matter the increase in withdrawal fees, as long as the gambling sites are reliable, safe and comfortable.

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August 12, 2020, 01:49:23 PM
 #80

Casinos rising withdrawal fees makes no sense because after all the player pays for the transaction fees and not the casino. Essentially lifting the withdrawal fee up is nothing but a strategy of casinos to make more money as player would have to play more to be able to withdraw.
Some casinos do it for the profit but there are other casinos that increase it because they have to keep up with the recommended transaction fee if not their players will complain as their withdrawal takes hours to confirm.

You don't have to play more unless their minimum withdrawal is very high. From my experience with casinos that have no fee usually you only need to clear the deposit rollover if you want to withdraw and sometimes these free withdrawals provided by casinos take more time(few hours) than the paid ones.


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August 12, 2020, 06:04:47 PM
 #81

Please consider using the following format:

Casino Name: / do not place if you do not think it is convenient, but you can leave the information in the rest of the Items.
Actual Fee: / Thank you
Previous Fee: Only if you know, do not try to invent, Thank you.
Swap: If you allow the withdrawal with a different currency with which you deposit. "Yes" is enough, but if you want adding value to your comment can give details. Thank you.
Comment / opinion / additional details:

Thank you!




<1>This is not necessary to do, but if you don't like it, feel free to use another thread. <1>

This thread is not self-moderated, I know the function, but there is someone who comes with that comment, in fact I do not criticize it but it is off-topic, we all want to help, thanks in advance.

<1-So take into consideration not adding more of the same in your own words. Consider that with five pages in this thread, what is relevant has already been commented or contributed by other user (s).

To those who cite, if you are going to cite, please do it to add value, not to justify, add to, or raise an interesting conversation between two users but without contribution to the thread. -1>

Avoid quoting and leaving the post uncommented, e.g. : Post #82




I will add just a few, there is no hierarchy in your presentation, the important thing is the information, check it, check it yourself. I am just collecting this information according to what I have used for various circumstances, in some I have deposited in others not, but if it appears safely I will.

In that sense, for those who recommend their Alt / Token / Shitcoin because they have cheap fees, I do not enter a casino because they have shitcoin and their fees are cheap. Is feeling, in reality there are several additional things.

<2>If you do not see your favorite casino; The reasons may be, that I am uploading it, that I am verifying the information or that I simply do not know about that specific casino.
You may not know it or you simply do not give me that feedback,
That does not mean it is bad, please, this is important that you understand me, this thread is more intended to cheking to bitcoin fees, just that. <2>

<2-Remember we are not rating a casino as Good / Bad for its fees, a high fee, low or zero commissions has no relevance in that type of rating, at least this thread does not pretend that. -2>

Having considered the above, let's go:


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..CASINO....SPORTS....RACING..
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August 12, 2020, 06:16:55 PM
 #82

Each gambling site has a different withdrawal fees, therefore the solution might be to choose gambling sites with the lowest
withdrawal fees. But the problem is gambling sites with low withdrawal fees are not necessarily credible and reliable.

There are some reliable sites with fixed fee or even without fee for withdrawal.
Stake and Primedice charges 5000 satoshi only although the current transaction fee is higher than the charged fee from players.
Fortunejack does not charge withdrawal fee IIRC, so it is very helpful for players especially players who play small amount only.

So for me
it doesn't matter the increase in withdrawal fees, as long as the gambling sites are reliable, safe and comfortable.

Yap, it is a subjective thing. It does not matter for some gamblers but it does matter for other gamblers.
It does matter for me because I play small amount only and it does not worth if I have to pay high fee compared to the amount I'm going to deposit/withdraw.

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...Next Generation Crypto Casino...
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August 12, 2020, 11:22:45 PM
Merited by famososMuertos (1)
 #83

Here's my recent withdrawal experience and their fees.

Casino Name: bustadice
Actual Fee: Dynamic, if you use the instant withdrawal option you'll pay for .0002 and .00005 without.
Previous Fee: N/A
Swap: N/A
Comment / opinion / additional details: You'll wait for a few hours if you don't tick the instant withdrawal but they'll still use the same amount of fee for your transaction(.0002).

Casino Name: Stake
Actual Fee: Fixed, .00005
Previous Fee: N/A
Swap: N/A
Comment / opinion / additional details: The miner fee on your transaction is higher than what you paid for (.0001+).

Casino Name: sportsbet.io
Actual Fee: None
Previous Fee: N/A
Swap: N/A
Comment / opinion / additional details: They don't charge a withdrawal fee but there's a limit on how many times you can withdraw per day.


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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
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August 13, 2020, 12:26:43 AM
Last edit: August 25, 2020, 05:03:43 AM by famososMuertos
 #84

...::....

Thank you!


....:://::....
Having considered the above, let's go:



Source and Capture Archive info:
BitDice:https://imgur.com/RqjAocp / Bitvest:https://imgur.com/3uKNfwS / https://imgur.com/xR0JeUQ
Gamdom:https://imgur.com/HfG6rFe / Luckybit:https://imgur.com/pL5M0OB / Roobet:https://imgur.com/4njgjAD / Roobet2:https://imgur.com/undefined Stake:https://imgur.com/sMbri9R / 777coin:https://imgur.com/cr4HzHd

Considerations ,Archive Capture info:
These fees are constantly changing. E.g. Roobet went from $ 0.45 to $ 3.29 and then down to $ 1.30 by the way, it is the only one that shows these amounts in dollars.

If you see a different amount in days to come when you consult the web, it is not that the table has an error, it is that the price was updated. So the idea is to have a historical fee. That is why the tables of each post will not change. They will be updated with each new post.

______

...:://::...
There are some reliable sites with fixed fee or even without fee for withdrawal.
Stake and Primedice charges 5000 satoshi only although the current transaction fee is higher than the charged fee from players.
Fortunejack does not charge withdrawal fee IIRC, so it is very helpful for players especially players who play small amount only.

..:://::...

Prime Dice and fortunejack to be verified. If you allow me, I will use your information:

Casino Name: Primedice
Actual Fee:  0.00005 / Thank you
Previous Fee:
Swap: No/Si. To be confirmed.

_______

@ralle14
Thanks for the support, I will review them.


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August 25, 2020, 05:47:42 AM
 #85

These fees are constantly changing, their variation is related to the price of bitcoin, internal rules of each casino, promotions, etc., consider that these can change without prior notice.
Source: BitDice.me - Bitves.io  -  Gamdom.com - Luckyb.it  -  Roobet.com - Stake.com  - 777coin.com casineos.com - Tower.bet  Roundercasino.com Earnbet.io

_
These fees are constantly changing, their variation is related to the price of bitcoin, internal rules of each casino, promotions, etc., consider that these can change without prior notice.

Three casinos have had changes, all fees of them down .

I have incorporated two new casinos, one of them is for Poker only, it has an exchange but it is not active, but at least it is in the project.

Well done!! for the casinos on this list that maintain their rates and those that even offer a lower fee.

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August 25, 2020, 05:56:19 AM
 #86

I don't mind if the sites use a dynamic system to calculate the correct fee. I like when you got the option to select if you want a slow/normal/fast withdraw with the right fee.

But they have to pay the fee they charge you. I had in the past some site which didn't do that.



BIG WINNER!
[15.00000000 BTC]


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August 25, 2020, 06:17:19 AM
 #87

I don't mind if the sites use a dynamic system to calculate the correct fee. I like when you got the option to select if you want a slow/normal/fast withdraw with the right fee.

But they have to pay the fee they charge you. I had in the past some site which didn't do that.
you are going to withdrew , your also going to pay your fees and not the website . i like it if we have 3 options to  choose from when withdrawing just like what you described above but if there isnt , its fine because we have no choice if we have funds stuck inside and wants to withdrew it we will accept whatever the fees are but we we should think again next time  if we will depo on that site because of the fees or not .
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August 25, 2020, 06:43:36 PM
 #88

That bitcoin rises and consequently the withdrawal fees rise, we are used to it, but this time some casinos have increased up to 300% or more, I do not know if anticipating that bitcoin continues to increase.

The increase should always be proportional to the increase in bitcoin or fairly close.

How much does it bother you that it increases disproportionately? Do you change casino for this reason?

Let's go! It is not that they are so exorbitant amounts compared to some exchanges, for example.
But there are players who are moving their balances from one place to another looking for bonuses etc.

Generally those that move in a bankroll between $ 10 and $ 100. This affects them, a withdrawal commission of $ 3 after paying before (bitcoin price +/- $ 9500) $ 0.45 is taking away a percentage of profit from the players of the micro-bets.



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)
Since I gamble for very little money this really bothers me because the commissions are simply too high for me to pay and when you add that I do not really like the idea of leaving my coins in a casino then this means that I will have to pay even more fees as I deposit and withdraw my coins constantly.

This has limited my gambling activities but in a way this is a good thing after all this is not really the moment to gamble a lot of money when you never know if you're going to get fired from your job and you will need to begin to save as much money as possible until you find the next one, something not easy to do in this difficult economic situation.

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August 26, 2020, 05:55:25 AM
 #89

That bitcoin rises and consequently the withdrawal fees rise, we are used to it, but this time some casinos have increased up to 300% or more, I do not know if anticipating that bitcoin continues to increase.

The increase should always be proportional to the increase in bitcoin or fairly close.

How much does it bother you that it increases disproportionately? Do you change casino for this reason?

Let's go! It is not that they are so exorbitant amounts compared to some exchanges, for example.
But there are players who are moving their balances from one place to another looking for bonuses etc.

Generally those that move in a bankroll between $ 10 and $ 100. This affects them, a withdrawal commission of $ 3 after paying before (bitcoin price +/- $ 9500) $ 0.45 is taking away a percentage of profit from the players of the micro-bets.



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)

To transfer between casino's I often convert it to DOGE so it's faster and much cheaper to transfer. Only when I want to withdraw the funds to my wallet I withdraw it as BTC.



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[15.00000000 BTC]


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August 26, 2020, 08:51:23 AM
 #90

I recently withdrew from FortuneJack casino. Here are the details.

Casino Name: FortuneJack
Actual Fee: No fees.
Previous Fee: No fees.
Swap: N/A
Comment / opinion / additional details: There are no fees but minimum withdrawal amount is 0.004 which is quite high at the current Bitcoin price.
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August 26, 2020, 09:18:36 AM
 #91

I recently withdrew from FortuneJack casino. Here are the details.

Casino Name: FortuneJack
Actual Fee: No fees.
Previous Fee: No fees.
Swap: N/A
Comment / opinion / additional details: There are no fees but minimum withdrawal amount is 0.004 which is quite high at the current Bitcoin price.

Still no fees are great. Are they withdraws instant of do they collect it and create bulk withdrawals to pay not that much fee at the end?



BIG WINNER!
[15.00000000 BTC]


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August 27, 2020, 04:19:38 AM
 #92

@tyz I verify and include it, I am making the list with the casinos that I am getting to know, from the list shown in some I have deposited in others not, the idea is that sometimes the casinos are left with an amount trapped by the withdrawal conditions, $ 5, $ 10 in various casinos add up, but knowing the fees and limits you can redeem funds, for example Fortunejack is one of the highest I have seen in withdrawal condition, but if you have $ 20 and want to redeem them, deposit the difference and voila, although be careful some casinos require that you bet a certain wager on your deposit.




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August 27, 2020, 09:25:36 AM
 #93

Still no fees are great. Are they withdraws instant of do they collect it and create bulk withdrawals to pay not that much fee at the end?
From my experience they don't process the withdraws instantly and it's one of the reasons why I move to a different sportsbook. I still remember their withdraw speed was kind of similar to nitrogensports.

although be careful some casinos require that you bet a certain wager on your deposit.
Usually the wagering requirement is at least 1x of your deposit and because of this rule I always assume casinos to have these rollovers.

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August 27, 2020, 09:28:02 AM
 #94

I recently withdrew from FortuneJack casino. Here are the details.

Casino Name: FortuneJack
Actual Fee: No fees.
Previous Fee: No fees.
Swap: N/A
Comment / opinion / additional details: There are no fees but minimum withdrawal amount is 0.004 which is quite high at the current Bitcoin price.

Still no fees are great. Are they withdraws instant of do they collect it and create bulk withdrawals to pay not that much fee at the end?

I tried last time and its instant widrawal and they not ask for widrawal  fees for players. The only issue is if you want to deposit because you cannot avoid bitcoin fees if you are the one who will send it to fortunejack.




To transfer between casino's I often convert it to DOGE so it's faster and much cheaper to transfer. Only when I want to withdraw the funds to my wallet I withdraw it as BTC.

its the same you need to transfer your bitcoin to exchange  which you will be required to pay for transfer fees + conversion fee of the exchange. Unless you already have  available Doge in your wallet and you don't need to convert it using exchange.

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August 27, 2020, 10:10:13 AM
 #95

I understand casino owner's with this kind of move it's to protect their business, especially when Bitcoin had such a massive move through the upside, they will end up in losses for sure.
Or they are just taking advantage of the situation?what is the difference of the fees when the bitcoin price is volatile?
they can even charge same value since it will grow whenever the price of bitcoin up as well.
Quote
To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.
mate gamblers have different rate of playing,you cannot advise those big players to do such move because this is out of their strategy.









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August 27, 2020, 11:06:31 AM
 #96


To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.
mate gamblers have different rate of playing,you cannot advise those big players to do such move because this is out of their strategy.

Probably does not have an idea what's saying.
The problem here is the high withdrawal fee in gambling sites, not the amount they gamble.

Actually if we will follow his advise to deposit a small amount, then for sure we will feel the withdrawal fee which is big.
These days, if we gamble using bitcoin, we can't deposit or withdraw $1 due to high fees.

R


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August 27, 2020, 11:45:41 AM
 #97

Clearly that shows some red flag, and that casino shouldn't be trusted in the first place. Users shouldn't never be disabled of withdrawal through increasing fees in an insane amount. It only means that casino or gambling site cannot be trusted with your Crypto's, and should be immediately reported here in the forum, to warn others.

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August 27, 2020, 11:53:00 AM
 #98

To transfer between casino's I often convert it to DOGE so it's faster and much cheaper to transfer. Only when I want to withdraw the funds to my wallet I withdraw it as BTC.
its the same you need to transfer your bitcoin to exchange  which you will be required to pay for transfer fees + conversion fee of the exchange. Unless you already have  available Doge in your wallet and you don't need to convert it using exchange.

I do that of course only at the casino's where you can exchange it on the site itself. That's always cheaper then paying the fees for withdrawing bitcoin.



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August 27, 2020, 12:30:01 PM
 #99

To transfer between casino's I often convert it to DOGE so it's faster and much cheaper to transfer. Only when I want to withdraw the funds to my wallet I withdraw it as BTC.
its the same you need to transfer your bitcoin to exchange  which you will be required to pay for transfer fees + conversion fee of the exchange. Unless you already have  available Doge in your wallet and you don't need to convert it using exchange.

I do that of course only at the casino's where you can exchange it on the site itself. That's always cheaper then paying the fees for withdrawing bitcoin.

if i may add, xrp is also a very good candidate in replacement of btc withdrawal from casinos. that is if your casino is offering to have internal exchange and can exchange it to xrp. fast and very cheap!
so these casinos should look into offering internal exchange and have alternative alts that the player can opt to whenever btc is having high tx fees and  not practical to use the btc network

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August 27, 2020, 12:43:57 PM
 #100

Still no fees are great. Are they withdraws instant of do they collect it and create bulk withdrawals to pay not that much fee at the end?
From my experience they don't process the withdraws instantly and it's one of the reasons why I move to a different sportsbook. I still remember their withdraw speed was kind of similar to nitrogensports.

Well if they collect withdraws to sent out at once and if the users dont have to pay the fees I could live with that. Wish all casino's did that. I knew there was a site where you could choice if you wanted to withdraw it instant or just wait for a bulk withdraw to pay a lot less fee.



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August 27, 2020, 12:52:00 PM
 #101

Still no fees are great. Are they withdraws instant of do they collect it and create bulk withdrawals to pay not that much fee at the end?
From my experience they don't process the withdraws instantly and it's one of the reasons why I move to a different sportsbook. I still remember their withdraw speed was kind of similar to nitrogensports.

Well if they collect withdraws to sent out at once and if the users dont have to pay the fees I could live with that. Wish all casino's did that. I knew there was a site where you could choice if you wanted to withdraw it instant or just wait for a bulk withdraw to pay a lot less fee.

Based on experience also, I only experience with sportsbet.io the instant withdrawal and it's also free.
However, the downside is the betting odds, it's not that competitive with other sportsbook and though they have a price boost, but it's not for every bet.

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August 27, 2020, 03:07:21 PM
 #102

Still no fees are great. Are they withdraws instant of do they collect it and create bulk withdrawals to pay not that much fee at the end?
From my experience they don't process the withdraws instantly and it's one of the reasons why I move to a different sportsbook. I still remember their withdraw speed was kind of similar to nitrogensports.

Well if they collect withdraws to sent out at once and if the users dont have to pay the fees I could live with that. Wish all casino's did that. I knew there was a site where you could choice if you wanted to withdraw it instant or just wait for a bulk withdraw to pay a lot less fee.

Based on experience also, I only experience with sportsbet.io the instant withdrawal and it's also free.
However, the downside is the betting odds, it's not that competitive with other sportsbook and though they have a price boost, but it's not for every bet.


Yeah, I also had the same experience. I am starting to think now that you really can't have all the goodness in one online casino website. If you have any other great online casino suggestion, please do leave it here.
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August 27, 2020, 09:03:05 PM
 #103

To transfer between casino's I often convert it to DOGE so it's faster and much cheaper to transfer. Only when I want to withdraw the funds to my wallet I withdraw it as BTC.
its the same you need to transfer your bitcoin to exchange  which you will be required to pay for transfer fees + conversion fee of the exchange. Unless you already have  available Doge in your wallet and you don't need to convert it using exchange.

I do that of course only at the casino's where you can exchange it on the site itself. That's always cheaper then paying the fees for withdrawing bitcoin.

If you make a withdrawal using bitcoin, it must be expensive. It's not only in gambling, it's the same in exchange. For this reason, I have never made bets using bitcoin. My choice is 3 coins, TRX, DOGE and LTC. Of the three coins, I use DOGE more often. because the main reason is low cost withdrawals.

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August 28, 2020, 06:28:14 AM
 #104

Clearly that shows some red flag, and that casino shouldn't be trusted in the first place. Users shouldn't never be disabled of withdrawal through increasing fees in an insane amount. It only means that casino or gambling site cannot be trusted with your Crypto's, and should be immediately reported here in the forum, to warn others.
It is best if Op could cite what betting site he is using. During these days withdrawal fees increase in mostly betting site and always be updated if that casino is still having an update to the users. Also, we should always be aware of the feedback from other users who mostly bet since there are also casinos not trusted these days. There are many top online casinos and we have always an option to switch to it.
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August 28, 2020, 06:36:43 AM
 #105

To transfer between casino's I often convert it to DOGE so it's faster and much cheaper to transfer. Only when I want to withdraw the funds to my wallet I withdraw it as BTC.
its the same you need to transfer your bitcoin to exchange  which you will be required to pay for transfer fees + conversion fee of the exchange. Unless you already have  available Doge in your wallet and you don't need to convert it using exchange.

I do that of course only at the casino's where you can exchange it on the site itself. That's always cheaper then paying the fees for withdrawing bitcoin.

If you make a withdrawal using bitcoin, it must be expensive. It's not only in gambling, it's the same in exchange. For this reason, I have never made bets using bitcoin. My choice is 3 coins, TRX, DOGE and LTC. Of the three coins, I use DOGE more often. because the main reason is low cost withdrawals.
As far as I know, some gambling places still accept bitcoin withdrawals and in my opinion there are still websites that don't increase their shipping costs because that's their advantage, while several other gambling places have started to increase their shipping costs because bitcoin transactions are getting busier.
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August 28, 2020, 09:24:38 AM
 #106

It is best if Op could cite what betting site he is using. During these days withdrawal fees increase in mostly betting site and always be updated if that casino is still having an update to the users. Also, we should always be aware of the feedback from other users who mostly bet since there are also casinos not trusted these days. There are many top online casinos and we have always an option to switch to it.
OP did mention the casinos he used in the previous page.


Clearly that shows some red flag, and that casino shouldn't be trusted in the first place. Users shouldn't never be disabled of withdrawal through increasing fees in an insane amount. It only means that casino or gambling site cannot be trusted with your Crypto's, and should be immediately reported here in the forum, to warn others.
You can't blame the casinos for increasing the fees during this time because they're only following the recommended fee so that our withdrawals won't get stuck.

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August 28, 2020, 12:20:33 PM
 #107

As far as I know, some gambling places still accept bitcoin withdrawals and in my opinion there are still websites that don't increase their shipping costs because that's their advantage,

There are still websites that offers free withdrawal, no fee at all. I wouldn't know if withdrawal has really increase on some sites as the site I am using now does not charge a fee for withdrawal although they pay a decent amount of fee to make transactions not to confirm too long.

Quote
while several other gambling places have started to increase their shipping costs because bitcoin transactions are getting busier.

That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.

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August 28, 2020, 12:37:03 PM
 #108

~ Snip ~
It is best if Op could cite what betting site he is using. During these days withdrawal fees increase in mostly betting site and always be updated if that casino is still having an update to the users. Also, we should always be aware of the feedback from other users who mostly bet since there are also casinos not trusted these days. There are many top online casinos and we have always an option to switch to it.

I have the same opinion with you, that if the online casinos you usually use increase the withdrawal fees that make you feel disappointed.
You should be able to choose other online casinos that have much cheaper withdrawal fees. Because right now many good choices of online
casinos, we are free to choose according to the criteria we want.

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August 28, 2020, 12:44:26 PM
 #109

That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.
It's better to check the withdrawal minimum first before depositing in any casino. We can check their FAQS or in their payment options. There were time before that I just try to deposit in a casino to check it and won but still not enough to withdraw due to the high withdrawal minimum, the tendency in these event is we will just let it play again until it lose or if luck will win till it's enough to withdraw. It's a lesson learned to really check the details or ask support if not indicated.

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August 28, 2020, 01:02:25 PM
 #110

That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.
It's better to check the withdrawal minimum first before depositing in any casino. We can check their FAQS or in their payment options. There were time before that I just try to deposit in a casino to check it and won but still not enough to withdraw due to the high withdrawal minimum, the tendency in these event is we will just let it play again until it lose or if luck will win till it's enough to withdraw. It's a lesson learned to really check the details or ask support if not indicated.
I do that with all the gambling sites that I am playing with and I have no problem with the minimum as most gambling sites would allow BTC0.01 to be withdrawn, I guess there are gambling sites which minimum are 0.002, 0.003, or 0.004 in btc, so it's not that high if you are a gambler using bitcoin since you already know the fees are high the moment you transferred your bitcoin to your casino account.

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August 28, 2020, 01:15:45 PM
 #111

That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.
It's better to check the withdrawal minimum first before depositing in any casino. We can check their FAQS or in their payment options. There were time before that I just try to deposit in a casino to check it and won but still not enough to withdraw due to the high withdrawal minimum, the tendency in these event is we will just let it play again until it lose or if luck will win till it's enough to withdraw. It's a lesson learned to really check the details or ask support if not indicated.

There are few casino where you can withdraw in dogecoin or other coins whose transaction fee are low. If you prefer gambling and betting with bitcoin only, then you can play at stake.com because they offer 0.00005 btc fee, the lowest i have seen among all the casinos.

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August 28, 2020, 01:55:28 PM
 #112

If you make a withdrawal using bitcoin, it must be expensive. It's not only in gambling, it's the same in exchange. For this reason, I have never made bets using bitcoin. My choice is 3 coins, TRX, DOGE and LTC. Of the three coins, I use DOGE more often. because the main reason is low cost withdrawals.
Not that expensive even if it's in bitcoin. I used to withdraw in bustadice and the fee isn't that much. It's more expensive if you'll use a common wallet and transfer it to another wallet. But your suggestion about converting to another crypto is also another way to reduce the fee if, you are not happy with the fee that you are about to pay.

Those three altcoins of your choice are the altcoins that I get to see when someone converts to reduce the time transfer. And you know what? using those coins are not hard to spend if you gamble unlike bitcoin, the feeling is different and it's more valuable.

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August 28, 2020, 04:00:19 PM
 #113

Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.

If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
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August 28, 2020, 04:50:31 PM
 #114

It's an opportunity for those businesses to earn profit by making their withdrawal fee too high.

That's the reason why we should choose a platform that offers low fees in every transactions, for sure there are plenty of them here.
Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.

If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.

Agree, we shouldn't tolerate those platforms who are taking this situation as an advantage for them to grow profit.

Even in other local wallets and exchanges, high transaction fees are the main problem until now and no one can't do anything about it.
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August 29, 2020, 06:47:25 AM
 #115

It's an opportunity for those businesses to earn profit by making their withdrawal fee too high.

That's the reason why we should choose a platform that offers low fees in every transactions, for sure there are plenty of them here.
Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.

If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.

Agree, we shouldn't tolerate those platforms who are taking this situation as an advantage for them to grow profit.

Even in other local wallets and exchanges, high transaction fees are the main problem until now and no one can't do anything about it.

   Finaleshot2016 in some wallets you can set up fees, it's what I do. Waiting for transaction to get confirmed can be long, but
I skip for paying high fees, I don't have problems with waiting.
   Casinos offer instant deposits and withdraws, if you wish instant withdraw you need to pay higher fees. It's situation that
hits all crypto-currency users. We had similar situation 2 years ago, and I think it will pass soon.



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August 29, 2020, 04:56:14 PM
 #116

Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.

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August 30, 2020, 01:41:40 AM
Last edit: August 30, 2020, 01:54:09 AM by ralle14
 #117

Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.
It's hard to recommend LN for bitcoin gambling because like you've said there's only a few casinos that have this option in their payment list. Also some if not most of the popular casinos already have an option to pay a smaller fee and the surge in fees usually goes back to normal after a few days or sometimes a week.

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August 30, 2020, 09:06:06 AM
 #118


How much does it bother you that it increases disproportionately? Do you change casino for this reason?


I didn't really notice a big change in withdrawal fees. Just cashed out $50 last weekened after winning in poker and didn't notice any new fees being charged to my account.

This might not be for every casino yet. But we as gamblers should definitely keep on eye on the fees as it can make a big part of your winnings if you still with a small bankroll.

 
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August 30, 2020, 04:45:08 PM
 #119

Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.

If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.


Bitcoin withdrawal fees increase due to Bitcoin price increase itself, but when it drops back down, expensive withdrawal fees will not change or decrease. Perhaps that is the reason why gamblers prefer to gamble using altcoins because some altcoins still provide quite low withdrawal fees compared to Bitcoin.
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August 30, 2020, 05:11:42 PM
 #120

Clearly that shows some red flag, and that casino shouldn't be trusted in the first place. Users shouldn't never be disabled of withdrawal through increasing fees in an insane amount. It only means that casino or gambling site cannot be trusted with your Crypto's, and should be immediately reported here in the forum, to warn others.
Basically no withdrawal was disabled from the OP but due to the increase of Bitcoin; it transaction fees increased. This has nothing to do with the casinos as they can't determine Bitcoin price. Issues from OP can easily sort out through the use of altcoins to make your withdrawal transactions from the casinos. The same August was the same month the price of Bitcoin increased and we'll understand that, Bitcoin rise always follows with it fee increase.

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Lanatsa
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August 30, 2020, 10:55:31 PM
 #121

Clearly that shows some red flag, and that casino shouldn't be trusted in the first place. Users shouldn't never be disabled of withdrawal through increasing fees in an insane amount. It only means that casino or gambling site cannot be trusted with your Crypto's, and should be immediately reported here in the forum, to warn others.
Basically no withdrawal was disabled from the OP but due to the increase of Bitcoin; it transaction fees increased. This has nothing to do with the casinos as they can't determine Bitcoin price. Issues from OP can easily sort out through the use of altcoins to make your withdrawal transactions from the casinos. The same August was the same month the price of Bitcoin increased and we'll understand that, Bitcoin rise always follows with it fee increase.
These kind of complaints are common to those people who doesnt have much idea about on how Bitcoin fee network works in the first place.If they are fully aware on that thing then it would be just understandable on such situation and you cant find any queries or questions about this fee problem.

We know that it had been a problem when the market tends to be congested then it will always follow next on fee price increase which is usual and as mentioned on this particular time we can really opt out on
making use of other alts which had much more cheaper fees.

Good thing for you if the casino on where you do play do have that option if it only had Bitcoin then you wont really have any choice but to pay up the fee.

R


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August 30, 2020, 11:36:49 PM
 #122

Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.

People prefer to withdraw in altcoins because that cost them less fee. Also many people have no knowledge about Lighting Network LN. Regular gamblers who gamble daily do not need to withdraw often and usually they withdraw if they are in need of money.









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August 31, 2020, 12:32:38 AM
 #123

Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.

People prefer to withdraw in altcoins because that cost them less fee. Also many people have no knowledge about Lighting Network LN. Regular gamblers who gamble daily do not need to withdraw often and usually they withdraw if they are in need of money.

The altcoin can be a choice to withdraw their win money if they see bitcoin fees rise higher. If they use the altcoin, they can reduce the fees, and they can keep their win money. But to withdraw using altcoin will have advantage and disadvantage, and people know about that, so they will not have a problem with the disadvantage.

Some gamblers prefer to wait for some time until the fees can reduce a lot, so they don't need to pay high fees. That is another option for gamblers who are facing a fees problem.
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August 31, 2020, 04:50:58 AM
 #124

Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees. So if you have wallet address that caters altcoins in which withdrawal fees are low, you can do that, then use an exchange to convert it back to bitcoin. Perhaps, the process will take time, but atleast you lessen the transaction fee if your basis is in USD, or whatever fiat you have.
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August 31, 2020, 05:29:03 AM
 #125

Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees. So if you have wallet address that caters altcoins in which withdrawal fees are low, you can do that, then use an exchange to convert it back to bitcoin. Perhaps, the process will take time, but atleast you lessen the transaction fee if your basis is in USD, or whatever fiat you have.

It's also important to consider the withdrawal fee in an exchange.
For example, if OP's local exchange does not support altcoins or specific altcoins offered in gambling sites, that would be a problem as he needs to exchange it to bigger exchanges and where he also need to withdraw the coin going to his local exchange, and that entails fee again.

At the moment, it's not only gambling sites that are increasing their withdrawal fee, I guess exchanges as well.

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August 31, 2020, 05:44:48 AM
 #126

Maybe some casino's should give the user the options for bulk withdrawals. If they want their withdraw will be collected and send out every 4/6 hours in a bulk and pay less fee.

I would go for such options. I can wait for a withdraw. In most times I don't need the money that fast.



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August 31, 2020, 07:02:26 AM
 #127

I never truly understood the complaints (except in very obvious cases). Every casino I have some money at has a cheap option which at most takes a couple of days to confirm. If you are so desperate for money that your casino balance is your life or death situation, then you really shouldn't be gambling at all, no?

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August 31, 2020, 07:09:50 AM
 #128

I never truly understood the complaints (except in very obvious cases). Every casino I have some money at has a cheap option which at most takes a couple of days to confirm. If you are so desperate for money that your casino balance is your life or death situation, then you really shouldn't be gambling at all, no?

You're 100% correct with that.

I normally pick the cheapest option of fee to withdraw and havent been waiting for days. The longest I had to wait was 20 hours or something like that.

I also got a few times I choice the highest fee and after that no blocks were find for almost 1.5 hours so then you still have to wait a long time.



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August 31, 2020, 07:15:10 AM
 #129

I never truly understood the complaints (except in very obvious cases). Every casino I have some money at has a cheap option which at most takes a couple of days to confirm. If you are so desperate for money that your casino balance is your life or death situation, then you really shouldn't be gambling at all, no?
We are different and unique. That guy has probably no patience in waiting. I do sometimes but I never do complain instead I adjust with the way how it should be.

The best thing to do is ask the management or make a suggestion to something one does not like. Posting it here could not be help but you can get somehow the idea of every user's here how to appeals or solve your problem.

OP try to reach out the management, who knows that the management will grant wishes.
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August 31, 2020, 11:15:41 AM
 #130

I never truly understood the complaints (except in very obvious cases). Every casino I have some money at has a cheap option which at most takes a couple of days to confirm. If you are so desperate for money that your casino balance is your life or death situation, then you really shouldn't be gambling at all, no?
I think it because when a gamblers win from some gambling games, and he can make a lot of money, he wants to withdraw that money in one-time.
But then, he sees that the fee increases, and he doesn't accept the increases, so he complaint why the fee increases.
I think if he is a real gambler who always play gambling, and he can win many times, he will realize and admit that the fee can increase or decrease anytime.
I am sure that the gambler will have another option to withdraw his money, even if that means, he needs to convert his win money to the other coins.

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August 31, 2020, 06:34:22 PM
 #131

I agree with you OP, you're totally right, these fees are ridiculously high.
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August 31, 2020, 07:49:15 PM
 #132

Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees.
Yes it does, apart from the selected network that you want to withdraw say bitcoin or ethereum, there is other fee that you are paying from the casino itself. Bitcoin and ethereum fees are on fire right now, both are freaking high but ethereum's network today is burning  Shocked I was about to withdraw in ethereum but I saw the fee its higher than bitcoin so I jumped back from withdrawing bitcoin.

I guess you need to compare it first when you wanna save some bucks for the fees.

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August 31, 2020, 10:04:20 PM
 #133

Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees.
Yes it does, apart from the selected network that you want to withdraw say bitcoin or ethereum, there is other fee that you are paying from the casino itself. Bitcoin and ethereum fees are on fire right now, both are freaking high but ethereum's network today is burning  Shocked I was about to withdraw in ethereum but I saw the fee its higher than bitcoin so I jumped back from withdrawing bitcoin.

I guess you need to compare it first when you wanna save some bucks for the fees.
For small time gamblers then checking it out first would really be our main priority because it can really decrease out in terms of our profits but for those who do play big time then these
numbers wont really be a bothersome yet they dont really care on how much they do pay up for fees.

Some casinos doesnt give out a fee or charge additional into that network fee which is great but there are some that really adds up which make even more bigger.

There are no other options but to take that altcoin path for you to withdraw if there are options available.

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August 31, 2020, 10:55:05 PM
 #134

Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.
I think you do not understand, in reality the fee for the bitcoin network is added to an additional fee that some casinos charge, in others even the opposite happens, the casino takes care of the fees and offers fee 0 in withdrawal.

.....
I didn't really notice a big change in withdrawal fees. Just cashed out $50 last weekened after winning in poker and didn't notice any new fees being charged to my account.

This might not be for every casino yet. But we as gamblers should definitely keep on eye on the fees as it can make a big part of your winnings if you still with a small bankroll.

Friend, comment on-topic, which casino do you use? that's what this thread is about, just say which casino you use and how much is your withdrawal fee.

I never truly understood the complaints (except in very obvious cases). Every casino I have some money at has a cheap option which at most takes a couple of days to confirm. If you are so desperate for money that your casino balance is your life or death situation, then you really shouldn't be gambling at all, no?
Please comment On Topic, thank you.

No casino withdrawal takes days, if so tell me, with  which casino does this happens to you? is the point of the thread.

Do not put thoughts, words that I have not mentioned, do not make prejudices or just comment off topic.



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August 31, 2020, 11:38:35 PM
 #135

Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees.
Yes it does, apart from the selected network that you want to withdraw say bitcoin or ethereum, there is other fee that you are paying from the casino itself. Bitcoin and ethereum fees are on fire right now, both are freaking high but ethereum's network today is burning  Shocked I was about to withdraw in ethereum but I saw the fee its higher than bitcoin so I jumped back from withdrawing bitcoin.

I guess you need to compare it first when you wanna save some bucks for the fees.
For small time gamblers then checking it out first would really be our main priority because it can really decrease out in terms of our profits but for those who do play big time then these
numbers wont really be a bothersome yet they dont really care on how much they do pay up for fees.

Some casinos doesnt give out a fee or charge additional into that network fee which is great but there are some that really adds up which make even more bigger.

There are no other options but to take that altcoin path for you to withdraw if there are options available.
Unfortunately not only are some gambling places that provide this facility while well-known gambling places such as casineos and other gambling places still require fees to make withdrawals but at gambling establishments that provide altcoins as an option to make faster withdrawals so the best choice for now is indeed with altcoins because the withdrawal fees will be cheaper and faster.

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August 31, 2020, 11:51:17 PM
 #136

Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees.
Yes it does, apart from the selected network that you want to withdraw say bitcoin or ethereum, there is other fee that you are paying from the casino itself. Bitcoin and ethereum fees are on fire right now, both are freaking high but ethereum's network today is burning  Shocked I was about to withdraw in ethereum but I saw the fee its higher than bitcoin so I jumped back from withdrawing bitcoin.

I guess you need to compare it first when you wanna save some bucks for the fees.
For small time gamblers then checking it out first would really be our main priority because it can really decrease out in terms of our profits but for those who do play big time then these
numbers wont really be a bothersome yet they dont really care on how much they do pay up for fees.

Some casinos doesnt give out a fee or charge additional into that network fee which is great but there are some that really adds up which make even more bigger.

There are no other options but to take that altcoin path for you to withdraw if there are options available.
Unfortunately not only are some gambling places that provide this facility while well-known gambling places such as casineos and other gambling places still require fees to make withdrawals but at gambling establishments that provide altcoins as an option to make faster withdrawals so the best choice for now is indeed with altcoins because the withdrawal fees will be cheaper and faster.

And right now, if there are other options like xrp or doge, it is better to use them when you withdraw because btc is really expensive and you will feel the effect of it if you are just a small time player. So it is the advantage of the casino to offer alternative options to withdraw and if possible if they can have internal exchange that will ease the burden of players in converting their coin to other currencies.
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September 03, 2020, 06:41:41 AM
 #137

You're 100% correct with that.

I normally pick the cheapest option of fee to withdraw and havent been waiting for days. The longest I had to wait was 20 hours or something like that.

I also got a few times I choice the highest fee and after that no blocks were find for almost 1.5 hours so then you still have to wait a long time.

Exactly. I have been put through over a week's waiting but this was IIRC 2017 or 2018 when we had something like 250k mempool for days, and there was no way for the casino to adjust the fees, later RBF was possible so even they would do something if it took longer than a few days. But these days, even on lowest fee on any casino I play at it's not even a day's wait.

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September 03, 2020, 08:17:33 AM
Merited by famososMuertos (1)
 #138

Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.

People prefer to withdraw in altcoins because that cost them less fee. Also many people have no knowledge about Lighting Network LN. Regular gamblers who gamble daily do not need to withdraw often and usually they withdraw if they are in need of money.

Two points on your post. You are right. But, even if you have knowledge about the Lighting Network, there are not many casinos yet which support LN transactions. I have already written to some sites (not only casinos), whether they also offer LN transactions, almost all were negative or the statement came that they want to offer it at some point. Your second point that regular gamblers do not have to withdraw often is critical. Because if you have gains you should payout regularly and keep only a limited amount on your casino account, because you never know if the casino still exists tomorrow.
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September 03, 2020, 08:47:48 AM
 #139

Maybe some casino's should give the user the options for bulk withdrawals. If they want their withdraw will be collected and send out every 4/6 hours in a bulk and pay less fee.

I would go for such options. I can wait for a withdraw. In most times I don't need the money that fast.
indeed there are some gambling places that implement this but I am sure it is not that good because some members want to withdraw their funds quickly and they are also chased by the price of coins at exchanges because when they are sending coins to the exchange wallets if it is too long so there is a risk that the price may collapse before your withdrawal is made, it will cost you some of your money.

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September 04, 2020, 02:44:02 AM
Last edit: September 04, 2020, 03:17:53 AM by famososMuertos
 #140

Today I have been reviewing the Tower casino and I have noticed that it has defined three Fee models:
Fast: 0.00046 BTC
Standard: 0.00042
Slow: 0.0004 BTC

Source: https://tower.bet/withdraw?symbol=BTC

The fee has already changed, previous 0.00029 BTC.

It also happens with ETH:
Fast: 0.0053 ETH / 24 seconds.*
Standard: 0.0038 ETH / 4 minutes.*
Slow: 0.0038 ETh /19 minutes.*

*Estimated time.
Source: https://tower.bet/withdraw?symbol=ETH


Quote
The table with all the other casinos I plan to update between September 15 and 20.

_

Source: https://tower.bet/withdraw?symbol=BTC


Source: https://tower.bet/withdraw?symbol=ETH





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September 04, 2020, 11:16:34 AM
 #141

That is why I avoid gambling with bitcoin especially when the price rises. Moving your funds from one place to another cost a lot. I switch to altcoins to avoid this absurd fee, there are casinos where you can choose your favorite coin, you can always try XRP which I believe is one of the best options in terms of withdrawal fees.

That's the best solution to this even Ethereum is not recommended because of the high fee which until now is a big issues to traders, the best option right now are Tron, Litecoin, Doge, XRP altcoins are more preferable today not only in gambling but on many transactions, now and it will take sometime to fix this, because of the many factor, one of them is DeFi  on Ethereum platform.
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September 04, 2020, 12:07:23 PM
 #142

That is why I avoid gambling with bitcoin especially when the price rises. Moving your funds from one place to another cost a lot. I switch to altcoins to avoid this absurd fee, there are casinos where you can choose your favorite coin, you can always try XRP which I believe is one of the best options in terms of withdrawal fees.
That's the best solution to this even Ethereum is not recommended because of the high fee which until now is a big issues to traders, the best option right now are Tron, Litecoin, Doge, XRP altcoins are more preferable today not only in gambling but on many transactions, now and it will take sometime to fix this, because of the many factor, one of them is DeFi  on Ethereum platform.
Ethereum for me is the worst means of doing any cryptocurrency transactions as you have already stated above. The #defi(word) of a thing has just ruined the privileges we have overtime enjoyed doing transactions with ethereum. Though, this is expected as many coins has now joined the defi world because of it magic.

 Gamblers should find other alternatives to transact their withdrawal from gambling platforms. Currently am gambling with TRON dapps and have been doing this during the surge of ethereum. Although am in love with series of gambling platforms without TRON option but for my funds safety am out for now till the price normalize.

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September 04, 2020, 12:52:42 PM
 #143

That is why I avoid gambling with bitcoin especially when the price rises. Moving your funds from one place to another cost a lot. I switch to altcoins to avoid this absurd fee, there are casinos where you can choose your favorite coin, you can always try XRP which I believe is one of the best options in terms of withdrawal fees.
That's the best solution to this even Ethereum is not recommended because of the high fee which until now is a big issues to traders, the best option right now are Tron, Litecoin, Doge, XRP altcoins are more preferable today not only in gambling but on many transactions, now and it will take sometime to fix this, because of the many factor, one of them is DeFi  on Ethereum platform.
Ethereum for me is the worst means of doing any cryptocurrency transactions as you have already stated above. The #defi(word) of a thing has just ruined the privileges we have overtime enjoyed doing transactions with ethereum. Though, this is expected as many coins has now joined the defi world because of it magic.

 Gamblers should find other alternatives to transact their withdrawal from gambling platforms. Currently am gambling with TRON dapps and have been doing this during the surge of ethereum. Although am in love with series of gambling platforms without TRON option but for my funds safety am out for now till the price normalize.

Why would we rely in a coin with high transaction fee, we have to find other alternative as I think our gambling sites, most of them are offering different alternative for coins use for gambling. At the moment, Bitcoin and ETH (especially this one) has a high transaction fee, how about using TRON? yes you are right, or doge, or even XRP.

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September 04, 2020, 03:09:00 PM
 #144

This is outrageous; I do understand for a fact that the gambling sites and other sites needs to consider this if they do have to keep the customers coming.

They can set up a percentage in USD not dependent on the Bitcoins. This would even protect the companies from taking losses during a low time.

Fact is when people think about choosing XRP coins and such they don't want to go through the trouble of changing it to Bitcoins later on for long term holding and therefore the solution needs to be done for a permanent basis.

Right now I do think that people wants to gamble more since the value of Bitcoins is fairly good , let's see what the sites view point will be on this problem.

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...#EndTheFUD...
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September 04, 2020, 04:15:50 PM
 #145

Maybe some casino's should give the user the options for bulk withdrawals. If they want their withdraw will be collected and send out every 4/6 hours in a bulk and pay less fee.

I would go for such options. I can wait for a withdraw. In most times I don't need the money that fast.
indeed there are some gambling places that implement this but I am sure it is not that good because some members want to withdraw their funds quickly and they are also chased by the price of coins at exchanges because when they are sending coins to the exchange wallets if it is too long so there is a risk that the price may collapse before your withdrawal is made, it will cost you some of your money.

If i remember correctly, freebitco offer this. They have an auto withdrawal option where the funds are withdrawal to the provided address on every Sunday and that's the cheapest way to cash out from that site. But this process of bulk cash out is not available on other gambling sites.









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September 04, 2020, 04:28:27 PM
 #146

Maybe some casino's should give the user the options for bulk withdrawals. If they want their withdraw will be collected and send out every 4/6 hours in a bulk and pay less fee.

I would go for such options. I can wait for a withdraw. In most times I don't need the money that fast.
indeed there are some gambling places that implement this but I am sure it is not that good because some members want to withdraw their funds quickly and they are also chased by the price of coins at exchanges because when they are sending coins to the exchange wallets if it is too long so there is a risk that the price may collapse before your withdrawal is made, it will cost you some of your money.

If i remember correctly, freebitco offer this. They have an auto withdrawal option where the funds are withdrawal to the provided address on every Sunday and that's the cheapest way to cash out from that site. But this process of bulk cash out is not available on other gambling sites.
Currently the auto sunday withdrawal fees and slow 24 hours fees the same at 3949 satoshis while instant fees are 16.7K satoshis. They provide one of the cheapest withdrawal fees as many people also use them as a wallet as they provide interest on the deposit. Almost all of the gambling sites go with bulk batches nowadays when we are cashing normal.

 

 


.SWG.io.













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target
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September 04, 2020, 04:33:54 PM
Last edit: September 04, 2020, 04:53:42 PM by target
 #147

Try using XRP on casino instead.  The fees in making transactions with XRP seem to not change.  The only that you would not like is that the price don't spike high which if you have it, its not growing.

Making transactions in BTC also takes a lot of confirmation before it goes through. The casino I'm working with even asks that if we could consider XRP as pay for promoting them. I don't mind so I also use XRP to bet.

Today I have been reviewing the Tower casino and I have noticed that it has defined three Fee models:
Fast: 0.00046 BTC
Standard: 0.00042
Slow: 0.0004 BTC

Its the first time I heard of tower.bet but I think its fair withdrawal fee. Exchanges are asking the same amount too.

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Google+
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September 04, 2020, 05:16:27 PM
 #148

Try using XRP on casino instead.  The fees in making transactions with XRP seem to not change.  The only that you would not like is that the price don't spike high which if you have it, its not growing.

Making transactions in BTC also takes a lot of confirmation before it goes through. The casino I'm working with even asks that if we could consider XRP as pay for promoting them. I don't mind so I also use XRP to bet.

Today I have been reviewing the Tower casino and I have noticed that it has defined three Fee models:
Fast: 0.00046 BTC
Standard: 0.00042
Slow: 0.0004 BTC

Its the first time I heard of tower.bet but I think its fair withdrawal fee. Exchanges are asking the same amount too.
unfortunately in some gambling places there is no one that does not provide a solution for withdrawing with altcoins, if at the beginning you used XRP you might be able to withdraw with XRP, but if at the beginning you made a deposit using bitcoin then how to make withdrawals with other coins because exchanges can not be made at the gambling venue.

..Stake.com..   ▄████████████████████████████████████▄
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MFahad
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September 04, 2020, 06:11:59 PM
 #149

Maybe some casino's should give the user the options for bulk withdrawals. If they want their withdraw will be collected and send out every 4/6 hours in a bulk and pay less fee.

I would go for such options. I can wait for a withdraw. In most times I don't need the money that fast.
indeed there are some gambling places that implement this but I am sure it is not that good because some members want to withdraw their funds quickly and they are also chased by the price of coins at exchanges because when they are sending coins to the exchange wallets if it is too long so there is a risk that the price may collapse before your withdrawal is made, it will cost you some of your money.

If i remember correctly, freebitco offer this. They have an auto withdrawal option where the funds are withdrawal to the provided address on every Sunday and that's the cheapest way to cash out from that site. But this process of bulk cash out is not available on other gambling sites.
Currently the auto sunday withdrawal fees and slow 24 hours fees the same at 3949 satoshis while instant fees are 16.7K satoshis. They provide one of the cheapest withdrawal fees as many people also use them as a wallet as they provide interest on the deposit. Almost all of the gambling sites go with bulk batches nowadays when we are cashing normal.


Didn't knew about it. I use to be more active in freebitco 2 years back and at that time there was no fee for the auto withdrawal but tradeoff was that we need to wait a few days before we could get the money in our personal wallets. Still 24 Hrs fee of 3949 satoshis is very cheap if we compare them to any casino withdrawal fee.









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September 04, 2020, 07:19:37 PM
 #150

Try using XRP on casino instead.  The fees in making transactions with XRP seem to not change.  The only that you would not like is that the price don't spike high which if you have it, its not growing.

Making transactions in BTC also takes a lot of confirmation before it goes through. The casino I'm working with even asks that if we could consider XRP as pay for promoting them. I don't mind so I also use XRP to bet.

Today I have been reviewing the Tower casino and I have noticed that it has defined three Fee models:
Fast: 0.00046 BTC
Standard: 0.00042
Slow: 0.0004 BTC

Its the first time I heard of tower.bet but I think its fair withdrawal fee. Exchanges are asking the same amount too.
unfortunately in some gambling places there is no one that does not provide a solution for withdrawing with altcoins, if at the beginning you used XRP you might be able to withdraw with XRP, but if at the beginning you made a deposit using bitcoin then how to make withdrawals with other coins because exchanges can not be made at the gambling venue.

There are several gambling sites nowadays that do really have that exchange feature ex. Crypto-games where you can possibly exchange or convert your btc on your desired altcoin and do make
withdrawal later on which i can say that it is really a nice feature to have on a gambling site specially on times like these where fees are way too high. Im not really that surprised
that there would really be a day where fee is really a burden even on trading matters which its all the same.

target
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September 04, 2020, 07:47:18 PM
 #151

Try using XRP on casino instead.  The fees in making transactions with XRP seem to not change.  The only that you would not like is that the price don't spike high which if you have it, its not growing.

Making transactions in BTC also takes a lot of confirmation before it goes through. The casino I'm working with even asks that if we could consider XRP as pay for promoting them. I don't mind so I also use XRP to bet.

Today I have been reviewing the Tower casino and I have noticed that it has defined three Fee models:
Fast: 0.00046 BTC
Standard: 0.00042
Slow: 0.0004 BTC

Its the first time I heard of tower.bet but I think its fair withdrawal fee. Exchanges are asking the same amount too.
unfortunately in some gambling places there is no one that does not provide a solution for withdrawing with altcoins, if at the beginning you used XRP you might be able to withdraw with XRP, but if at the beginning you made a deposit using bitcoin then how to make withdrawals with other coins because exchanges can not be made at the gambling venue.

There are several gambling sites nowadays that do really have that exchange feature ex. Crypto-games where you can possibly exchange or convert your btc on your desired altcoin and do make
withdrawal later on which i can say that it is really a nice feature to have on a gambling site specially on times like these where fees are way too high. Im not really that surprised
that there would really be a day where fee is really a burden even on trading matters which its all the same.

Most of the crypto gambling sites today has a simple exchange inside it. Crypto.games is just one, I've been playing the lotto there from time to time and the opportunity knocks when Stratis suddenly announce the new development of the project so instead of withdrawing BTC, I exchange mine to Stratis while the price keeps rising. This is like gambling while trading.

Withdrawing altcoins is cheaper. There are users who just don't want altcoins though so its still their choice not to.


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September 24, 2020, 05:01:31 PM
Last edit: September 29, 2020, 03:51:32 PM by famososMuertos
 #152

...//...-quote-...//...
...//... betting with bitcoin only, then you can play at stake.com because they offer 0.00005 btc fee, the lowest i have seen among all the casinos.
[/quote]

Really!!No.

Please read the information provided here. I do not understand the misinformation in your post.

-____-
:...//....--quote--...//...
:...//...
...//....:
:..//....-quote-
         :...//...
...

Thanks for the information and details, in some I already have an account in others I am taking the information from your comments. Those new casinos enter my gaming radar and consequently go to the table.




Source: Casinos.
[1] Fee adjusting bar.
[2] Roobet is the only casino on the list that shows fees in dollars.
[3] Not active.
_
Please! Tower.bet tiene exchange.

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October 17, 2020, 08:27:02 PM
 #153

This month the casinos have kept the fees down for the most part, at least those in this table, the others (fees) remain the same, with an "acceptable" fee that does not change. This month, unlike the previous ones, none made changes to the bullish. (  Smiley )

Another interesting issue is that several casinos incorporated "Exchange" as an added value to incorporate more utility for those who want or need it at a certain time, read the conditions of these Swaps well because some can charge up to 10% of the amount involved.


All the information provided in said table has been reviewed as of today 17-10, so if you see any change in the rate in relation to what you know, check first. As you can see in the table the "fees" change with the passing of the days.

If you do not see your casino in the table shown there is a table in BTCGOSU that can help you.

___
Tower.bet offers the standard withdrawal and the Fast withdrawal for the same amount, you can check it in the image:



G.B.



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October 18, 2020, 01:02:22 PM
 #154

You posted Crypto-games as now having 0 fees for withdrawal, is this accurate? What does the yellow cell indicate?

Interesting that roobet does the fee in a dollar amount actually, I really didn't know that.

So it's just FJ, SWC and Luckybit and SB who have no fees charged for withdrawal right?

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October 18, 2020, 01:42:41 PM
Merited by famososMuertos (1)
 #155

You posted Crypto-games as now having 0 fees for withdrawal, is this accurate? What does the yellow cell indicate?

As I check on the chart, yellow means there is a change in fees. And the good thing is that many gambling sites lower down their withdrawal fees which exactly the best thing to do just to cope up and go along with the gambler's demand.

But a big surprise that Chips asking for a fee this time while the others are consistent with no fee at all.
Well, I hope that they get back to zero again.


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October 18, 2020, 02:12:16 PM
 #156

You posted Crypto-games as now having 0 fees for withdrawal, is this accurate? What does the yellow cell indicate?

Interesting that roobet does the fee in a dollar amount actually, I really didn't know that.

So it's just FJ, SWC and Luckybit and SB who have no fees charged for withdrawal right?
The color thing is as @Viscore (ty) mentions.

As for Crypto.Games, if you verify it now, it is possible that the fee is different, so in the previous one it was o.ooo39 with "*" this time I left it at 0.0 but in yellow, because it is not fixed, it is variable.

These are screenshots from right now, for the highest in:



And the lowest fee:


And the previous one with the " * ":



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November 12, 2020, 02:13:38 AM
 #157

The price of bitcoin dancing or trying to get dancing at $ 16,000. Lovely but this is reflected in the increased fees of some casinos.

This month the table brings interesting things, first I have incorporated two new casino "duelbits, vipgame," the first incorporates a withdrawal amount of $ 50, thus joins Roobet.com as the only two casino that have established their withdrawals in dollars as a basis for conversion to BTC.

The other remarkable and novel thing is that "Crypto Games" incorporates LN, simply great for those users who are using LN channels.

Roobet incorporates three types of withdrawals Low, medium, High giving alternatives when withdrawing your money.


Source:Casinos, additional info of some data shown in the table https://imgur.com/a/FiXepM9

The colors in the table:
The white in the first column indicates that you have incorporated some important new feature.
The colors in the date column indicate that the fee has changed, if the color is the same the fee remains the same. If there are several colors for a particular casino it simply indicates that it has had several changes.

e.g. The change color of Oct 17 was yellow for that date, only two casinos kept that color PrimeDice and Chips, of course gray is the initial color and only a few casinos have kept the same rate since August 12.

Remember that these rates are reference and are subject to change by parts of the casinos mentioned at any time in fact in the case of "Crypto Games, Earnbet and Casineos" mention that the fee may be different from the one shown on the screen at the time of withdrawal . With the exception of those casinos, the others will charge you the amount indicated on the screen.

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November 12, 2020, 03:56:30 AM
 #158

I hope the withdrawal fees will decreased because sometimes theit withdrawal fee is not good,  let say the bitcoin transaction rising but it doesnt mean that they need to rise the transaction a lot.  I use alternative altcoins such as Ripple so I can save money because if we use bitcoin for the transaction we lost some money so be wisely and choose casino who accepting altcoins and better to play now in that casino.
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November 12, 2020, 06:39:25 AM
 #159

I hope the withdrawal fees will decreased because sometimes theit withdrawal fee is not good,  let say the bitcoin transaction rising but it doesnt mean that they need to rise the transaction a lot.  I use alternative altcoins such as Ripple so I can save money because if we use bitcoin for the transaction we lost some money so be wisely and choose casino who accepting altcoins and better to play now in that casino.

I switched to XRP for tranfsering between casino's and for withdrawing. I only withdraw BTC when I want to put it safe in a paper wallet. Last weeks I had a transaction which was stuck for 3 weeks and I don't want to have that again.



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November 12, 2020, 09:13:37 AM
 #160

Mempool went to zero a few days ago but then back above 20k yesterday so I guess most casinos will be doing their best to keep up. Yolo still at 56k (for batch) so your table is correct, but Crypto-Games doing Lightning Network is a very interesting development. Maybe we can all ask different casinos to do something about it too:)

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November 12, 2020, 09:40:00 AM
 #161

I hope the withdrawal fees will decreased because sometimes theit withdrawal fee is not good,  let say the bitcoin transaction rising but it doesnt mean that they need to rise the transaction a lot.  I use alternative altcoins such as Ripple so I can save money because if we use bitcoin for the transaction we lost some money so be wisely and choose casino who accepting altcoins and better to play now in that casino.
I switched to XRP for tranfsering between casino's and for withdrawing. I only withdraw BTC when I want to put it safe in a paper wallet. Last weeks I had a transaction which was stuck for 3 weeks and I don't want to have that again.
I guess the stuck transaction was done in bitcoin, that's one among other problem with this coin while gambling with it on the casinos, including the withdrawals. The above have made me switched from bitcoin to TRX, most of my gambling platforms am currently participating are those that accept altcoins which are far lesser in transaction compare to bitcoin.

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November 12, 2020, 04:47:30 PM
 #162

Earnbet seems to be one of the cheapest ones out there. I feel like withdrawal fees are not as big of a deal as they used to be because we could always pick another coin that is very low on fees if we want to. I understand that many big places that accepts bitcoin only are in big trouble and that will definitely be a bit of a problem in the end, however I feel like there are a lot more places that accept things like XRP and Doge which is accepted in many places, so people could focus on things like that if they want to and remove all the problems with having high fee with coins like btc and eth. Obviously we would rather gamble with eth or btc if we could but it is not really ideal right now, but gambling with doge is already fixing a ton of problems so we are doing fine.

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November 12, 2020, 05:17:52 PM
 #163

I also often wonder why there are such high fees. The only thing I can think of is that they work with certain companies that also want to ask for a commission.
And as for the bitcoin, that could also be, only you have the network costs. They are not capitals either, but still. If a casino had to cover the network costs of all payouts, it will be expensive.
Some casino's do, and some do not.

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November 12, 2020, 09:30:47 PM
 #164

All the casinos seem to be using the same terrible fee algorithm. The mempool isn't even that backlogged and some places are still charging nearly $10. One of the problems is that people are paying crazy high fees to get quicker confirmation despite there only being around 10 blocks worth of unconfirmed transactions. This is driving up the fees for everybody who relies on an algorithm instead of looking at the mempool to see that it is not that full and you can probably go with a cheaper fee.

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November 12, 2020, 09:36:33 PM
 #165

I also often wonder why there are such high fees. The only thing I can think of is that they work with certain companies that also want to ask for a commission.
And as for the bitcoin, that could also be, only you have the network costs. They are not capitals either, but still. If a casino had to cover the network costs of all payouts, it will be expensive.
Some casino's do, and some do not.

Only a few online casinos does offer free withdrawal fees and when the time comes where network is clogged up then they would really need to impose huge or bigger fees
unless if the do stick out on less then that withdrawal would take more longer and that will surely frustrate those users who are on that platform unlike for those who set
out fees which are dynamic ones then its expected that it will really be correlate on the current network congestion this is why i do really skip on making withdrawals or
even transactions neither on gambling or trading when this do happen.I do wait up for the network to relax a bit before proceeding.

R


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November 12, 2020, 09:56:18 PM
 #166

High casino fees are for our own good if you understand it wisely. They use the fees to send our transaction with much higher fee to get it confirmed and have our coins in our hands quick. On the other hand, if some casinos allow us free withdrawals, that should be counted as their generosity. I play at betnomi as they allow me to withdraw in any crypto and I save fees that way because there are some altcoins available with cheaper fee and I withdraw them to save myself some bucks.
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November 12, 2020, 09:59:30 PM
 #167

High casino fees are for our own good if you understand it wisely. They use the fees to send our transaction with much higher fee to get it confirmed and have our coins in our hands quick. On the other hand, if some casinos allow us free withdrawals, that should be counted as their generosity. I play at betnomi as they allow me to withdraw in any crypto and I save fees that way because there are some altcoins available with cheaper fee and I withdraw them to save myself some bucks.
If a casino doesn't really have any option since they do only accept bitcoin and does only offer bitcoin then they would really be compensating for the fees since its been stated that it was free and they would really be adding up those to expense and when theres sudden fee price spike then they are much pretty aware of it.

It is indeed showing off some generosity but for those who do have options for people to switch up with altcoin then that will be a big relief to them since they wont need to pay up for something big
for a certain transaction buts that's only in "if" case.  Cheesy

This is why I do stick with casinos with internal exchange set-ups.

R


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November 12, 2020, 10:06:41 PM
 #168

The history of the alts is already known, this history is well known and repeated, so there are few casinos that do not offer these alternatives, it is about bitcoin, the reasons are irrelevant, the reality is! you want to withdraw bitcoin these are the alternatives offered in these casinos.

...//...: but Crypto-Games doing Lightning Network is a very interesting development. Maybe we can all ask different casinos to do something about it too:)
In effect, this is about the casinos offering LN alternatives, currently it is not for everyone in the sense of availability of BTC but at least there are already many users using LN. The version 4 or higher of electrum practically bases its update in improvements for of LN with electrum.

Roobet is offering additional alternatives in low, medium, high, when before it only offered a withdrawal fee.
_
Contrary to what one user mentions, I believe that casinos strive to offer the best withdrawal alternative, in fact a high fee only seeks to get your withdrawal processed quickly. What they must improve is that it be the best as appropriate.

This is the estimated fee, right now:



Source: https://mempool.space this page is for post purposes, only you can and should find the best information.

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November 12, 2020, 11:46:34 PM
 #169

High casino fees are for our own good if you understand it wisely. They use the fees to send our transaction with much higher fee to get it confirmed and have our coins in our hands quick. On the other hand, if some casinos allow us free withdrawals, that should be counted as their generosity. I play at betnomi as they allow me to withdraw in any crypto and I save fees that way because there are some altcoins available with cheaper fee and I withdraw them to save myself some bucks.
That's a good option for a site that does charge a withdrawal fee, I really like the system of Betnomi as you can choose an altcoins with the lowest withdrawal feel, BCH and TRON were my favorites in that site. Anyway, for free withdrawal, I believe sportsbet have that, but don't know if they are still doing it at the moment that fees are really high.

R


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November 13, 2020, 01:43:05 AM
 #170

This is happening for the current bull run of Bitcoin pricing. Bitcoin price is getting high and at the same time withdrawal fee is also rising similarly. It should be decreased rather than people will discourage to use it lately. Some casinos has the lower fees and they are doing well in the current time. That should be followed by others. To get more traffic, it should be imposed.

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November 13, 2020, 10:26:45 PM
 #171

I used to play on an online casino that charge me $10-$20 Lol  Grin
It’s not the fee but my bitcoin reduced by that amount of money.
Even the bitcoin price fluctuation would affects it lower than that.
Also, I need to pay for the fee too.
They have a “not-so-good” bitcoin price conversion.
I think an online casino should state it on their website about how they convert our money into btc, vice versa.
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November 14, 2020, 06:27:59 PM
 #172

In effect, this is about the casinos offering LN alternatives, currently it is not for everyone in the sense of availability of BTC but at least there are already many users using LN. The version 4 or higher of electrum practically bases its update in improvements for of LN with electrum.

Haven't had to use Lightning, especially when mempool peaks really don't last long anymore, but yeah, with CG now adopting it, others are sure to follow suit. It's definitely not YET for everyone, and I daresay I'm on that spectrum of everyone that won't be risking payments with it until I'm certain of myself.

The only thing to add here is CG's LN service provider charges 1%... so if you use the current max deposit of 0.04 BTC... in effect you're paying a fee of 400k satoshi, which is still probably not what I'd have to pay even on peak.

It's perfect to deposit 1000 satoshi though;)

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November 14, 2020, 07:03:14 PM
 #173

High casino fees are for our own good if you understand it wisely. They use the fees to send our transaction with much higher fee to get it confirmed and have our coins in our hands quick. On the other hand, if some casinos allow us free withdrawals, that should be counted as their generosity. I play at betnomi as they allow me to withdraw in any crypto and I save fees that way because there are some altcoins available with cheaper fee and I withdraw them to save myself some bucks.

This is one point of view and it makes sense, fees that are high enough are guarantee for quicker transactions.
But I don't think this is the only reason, it's also the way that casinos protect themselves through some kind of commission for their services. I also think that is connected with Bitcoin price and network fees. Anyway, it's the cost we need to pay when gambling.

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November 14, 2020, 07:22:34 PM
 #174

I used to play on an online casino that charge me $10-$20 Lol  Grin
It’s not the fee but my bitcoin reduced by that amount of money.
Even the bitcoin price fluctuation would affects it lower than that.
Also, I need to pay for the fee too.
They have a “not-so-good” bitcoin price conversion.
I think an online casino should state it on their website about how they convert our money into btc, vice versa.
Fee for the commission of that casino and fee for the transaction fee of the transfer.

They will deduct it to your balance and will send you the net of your profits as you withdraw it. You should have asked their support how they're converting the prices or what price tracker they use.



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November 14, 2020, 07:30:01 PM
 #175

I think casinos shouldn't charge at all for withdrawal fees by their own set fee. Rather than just let players choose the available fee options for them just like when sending from a wallet he owns private key for. That way, a user can easily choose less fee if he doesn't need the funds urgently!
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November 14, 2020, 08:47:40 PM
 #176

This is happening for the current bull run of Bitcoin pricing. Bitcoin price is getting high and at the same time withdrawal fee is also rising similarly. It should be decreased rather than people will discourage to use it lately. Some casinos has the lower fees and they are doing well in the current time. That should be followed by others. To get more traffic, it should be imposed.

if casino supports several cryptocurrencies you may choose the one with the lowest fees. for example, many casinos support TRX and fees for this coin are very small. and another example  - ETH with fees about $10 only in Ethereum chain 1.5 month ago.

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November 14, 2020, 09:05:37 PM
 #177

I think casinos shouldn't charge at all for withdrawal fees by their own set fee. Rather than just let players choose the available fee options for them just like when sending from a wallet he owns private key for. That way, a user can easily choose less fee if he doesn't need the funds urgently!
Not true in all cases, I have seen many blocked or frozen gambling accounts due to using the deposit/withdrawal as a hot wallet. The low fees can attract the other users who have no interest to gamble to make deposits/withdrawals for transferring the crypto. It is necessary to charge the average fee because unlike gambling websites Kraken exchange even takes the deposit fee from each deposit to balance the costs.

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November 14, 2020, 10:08:16 PM
 #178

This is happening for the current bull run of Bitcoin pricing. Bitcoin price is getting high and at the same time withdrawal fee is also rising similarly. It should be decreased rather than people will discourage to use it lately. Some casinos has the lower fees and they are doing well in the current time. That should be followed by others. To get more traffic, it should be imposed.

if casino supports several cryptocurrencies you may choose the one with the lowest fees. for example, many casinos support TRX and fees for this coin are very small. and another example  - ETH with fees about $10 only in Ethereum chain 1.5 month ago.
Wayback on where ETH fees were up on the roof too which it isnt really worth to make out such transactions for that time and thats my first time on seeing ETH does have that kind of fee issue
where it really rise up unlike before on a network clogged where ETH is the main option but it seems it do goes along with BTC problem.

Good thing for some casinos which do really have lots of coins alternative which can really help on this kind of fee issue yet you can choose up other coins as well.
Yes, TRX is one of the best coin when it comes to this.

If you dont like to use alts but only stick with Bitcoin then you wont have the choice but to wait up.

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November 14, 2020, 10:12:28 PM
 #179

I think casinos shouldn't charge at all for withdrawal fees by their own set fee. Rather than just let players choose the available fee options for them just like when sending from a wallet he owns private key for. That way, a user can easily choose less fee if he doesn't need the funds urgently!
Not true in all cases, I have seen many blocked or frozen gambling accounts due to using the deposit/withdrawal as a hot wallet. The low fees can attract the other users who have no interest to gamble to make deposits/withdrawals for transferring the crypto. It is necessary to charge the average fee because unlike gambling websites Kraken exchange even takes the deposit fee from each deposit to balance the costs.
Yes, it was a practice back then to used gambling sites as sort of like "mixing services", that why they have to charge users and most of the time gambling sites will just froze your account for suspicious activity. And it's good if some casino's will let users choose the available options, as most of us wanted cheap fees. Of course if you are in a hurry, you wanted to fastest so you have to pay higher fees. So thumbs up for online casino's that has this kind of options.

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November 14, 2020, 11:02:55 PM
 #180

I think casinos shouldn't charge at all for withdrawal fees by their own set fee. Rather than just let players choose the available fee options for them just like when sending from a wallet he owns private key for. That way, a user can easily choose less fee if he doesn't need the funds urgently!
Not true in all cases, I have seen many blocked or frozen gambling accounts due to using the deposit/withdrawal as a hot wallet. The low fees can attract the other users who have no interest to gamble to make deposits/withdrawals for transferring the crypto. It is necessary to charge the average fee because unlike gambling websites Kraken exchange even takes the deposit fee from each deposit to balance the costs.
Yes, it was a practice back then to used gambling sites as sort of like "mixing services", that why they have to charge users and most of the time gambling sites will just froze your account for suspicious activity. And it's good if some casino's will let users choose the available options, as most of us wanted cheap fees. Of course if you are in a hurry, you wanted to fastest so you have to pay higher fees. So thumbs up for online casino's that has this kind of options.
But if you are a gambler, fees will really matter and choosing those who can offer a small one could be the best idea. I'd never see there is another reason the cause of this changes as it is eventually a practice before.What casinos did is just to get some more profit coming from fees and they'll also taking the advantage while Bitcoin is in hype.



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November 14, 2020, 11:16:30 PM
 #181

But if you are a gambler, fees will really matter and choosing those who can offer a small one could be the best idea.
Exactly, all you want is to win, hence to minimize the expense in withdrawal fee, that will add on your asset side.

I'd never see there is another reason the cause of this changes as it is eventually a practice before.What casinos did is just to get some more profit coming from fees and they'll also taking the advantage while Bitcoin is in hype.
Not all of them actually, in fact some casinos are giving us an option to use altcoins to avoid the high transaction fee, and I think at this moment, the transaction fee is not high anymore, so if casinos had increase it before, they better get it back to normal now.

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November 14, 2020, 11:28:17 PM
Last edit: November 14, 2020, 11:38:52 PM by TopT3ns
 #182

Not all of them actually, in fact some casinos are giving us an option to use altcoins to avoid the high transaction fee, and I think at this moment, the transaction fee is not high anymore, so if casinos had increase it before, they better get it back to normal now.
The increase in fees when making withdrawals is due to the factor of the increase in the price of bitcoin, whereas for withdrawals using other altcoin methods I don't think the price increases, because I see there are still some gambling places that still have fixed withdrawal fees, it's just that possible transactions to the designated wallet will take longer to confirm.

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November 14, 2020, 11:47:54 PM
 #183

Not all of them actually, in fact some casinos are giving us an option to use altcoins to avoid the high transaction fee, and I think at this moment, the transaction fee is not high anymore, so if casinos had increase it before, they better get it back to normal now.
The increase in fees when making withdrawals is due to the factor of the increase in the price of bitcoin, whereas for withdrawals using other altcoin methods I don't think the price increases, because I see there are still some gambling places that still have fixed withdrawal fees, it's just that possible transactions to the designated wallet will take longer to confirm.
It's true this is an increase factor and all the networks are congested because people may be a lot of transactions, but now it's back to normal after I saw and used costs in the last few days, for example ETH has soared and now the gas is normal I think gamblers are already relieved that they are free to choose which altcoins they want to play with in their gambling.

But in gambling platforms the withdrawal is fixed at the cost so it will return to normal unless an option has been changed in changing the gas fee.

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November 14, 2020, 11:53:26 PM
 #184

Not all of them actually, in fact some casinos are giving us an option to use altcoins to avoid the high transaction fee, and I think at this moment, the transaction fee is not high anymore, so if casinos had increase it before, they better get it back to normal now.
The increase in fees when making withdrawals is due to the factor of the increase in the price of bitcoin, whereas for withdrawals using other altcoin methods I don't think the price increases, because I see there are still some gambling places that still have fixed withdrawal fees, it's just that possible transactions to the designated wallet will take longer to confirm.
Not directly related to price. It is due to a network bottleneck and it is possible also price climbs higher but the unconfirmed transaction was less than 5000. So the withdrawal fees will be as same as the previous day, the swap functions should be implemented for avoiding to pay the 10% of withdrawal amounts less than $20. Using altcoins is always a better choice for gambling, in my opinion.

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November 15, 2020, 02:06:15 AM
 #185

...//..:
Not all of them actually, in fact some casinos are giving us an option to use altcoins to avoid the high transaction fee, and I think at this moment, the transaction fee is not high anymore, so if casinos had increase it before, they better get it back to normal now.

Now! It is not about "normality" so that the fees return to a minimum ratio of 1:10 if that is what is understood by normality, nor is it that the casinos want to profit from this (as someone comments), really more myth than truth at least in serious casinos with an excellent reputation.

Here it is not about "fees" cheap or that it is a high or low fee, it is about the correct fee, as I mentioned in some posts, it is about having the correct estimate or the closest thing to that and not simply charging a fee as high as possible so that the transaction runs in at least a few minutes.

The options of three types of fees high, medium, low or to be able to set the fee yourself are presented as the best.

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November 15, 2020, 10:52:22 PM
 #186

...//..:
Not all of them actually, in fact some casinos are giving us an option to use altcoins to avoid the high transaction fee, and I think at this moment, the transaction fee is not high anymore, so if casinos had increase it before, they better get it back to normal now.

Now! It is not about "normality" so that the fees return to a minimum ratio of 1:10 if that is what is understood by normality, nor is it that the casinos want to profit from this (as someone comments), really more myth than truth at least in serious casinos with an excellent reputation.

Here it is not about "fees" cheap or that it is a high or low fee, it is about the correct fee, as I mentioned in some posts, it is about having the correct estimate or the closest thing to that and not simply charging a fee as high as possible so that the transaction runs in at least a few minutes.

The options of three types of fees high, medium, low or to be able to set the fee yourself are presented as the best.

With that, I think we should just choose the best site that offers the right withdrawal fee for us, which is closest to the actual fee, however, there are really sites that their standard withdrawal fee is very high compared to the actual fee when transacting using your own wallet.

We can't say they are a bad site though as gamblers are more looking for the experience than the withdrawal fee, although let's say withdrawal fee can be part of the experience but for big bettors, it doesn't really matter a lot.

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November 21, 2020, 03:12:20 AM
Merited by buwaytress (1)
 #187

...//...::
In effect, I think that a big player wants their money and pay their fee to get a quick withdrawal. The fees they pay can be a small part of their frequent bets Cheesy but the point is that sometimes players few bankroll end up paying more fees because somehow or another they have to be moving their bankroll due to different circumstances between casino or personal situations, so if you consider the withdrawal and deposit fees in the average of one year, some players with small bankroll can be paying more money in a year if they make an average of "x" movements between withdrawals and deposits, in comparation to some players who actually manage several bankroll between different casinos.

And that is the point, it is not about a single shipment, it is about the total that you can make in a year, to indicate a certain time, but it can be measured monthly, quarterly, in any case it depends  on the players and their gaming activity.

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In effect, this is about the casinos offering LN alternatives, currently it is not for everyone in the sense of availability of BTC but at least there are already many users using LN. The version 4 or higher of electrum practically bases its update in improvements for of LN with electrum.

Haven't had to use Lightning, especially when mempool peaks really don't last long anymore, but yeah, with CG now adopting it, others are sure to follow suit. It's definitely not YET for everyone, and I daresay I'm on that spectrum of everyone that won't be risking payments with it until I'm certain of myself.

The only thing to add here is CG's LN service provider charges 1%... so if you use the current max deposit of 0.04 BTC... in effect you're paying a fee of 400k satoshi, which is still probably not what I'd have to pay even on peak.

It's perfect to deposit 1000 satoshi though;)


At the time I read it, it seemed to me that something was wrong because a rate of 400k "Sat" is not normal, but in reality I had read that some channels charge an average rate of 0.01Sat for each "Sat" sent, so I wanted to verify, a thread from my local board has served, but in any case it is important to clarify that it is not 400k sat but 40,000 Sat if we take the 1% reference.

Which is a more "acceptable" rate of $ 7.5 (+/-) compared to the 400k Sat mentioned, Anyway, thanks for mentioning this 1%.

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November 21, 2020, 10:07:11 AM
 #188

At the time I read it, it seemed to me that something was wrong because a rate of 400k "Sat" is not normal, but in reality I had read that some channels charge an average rate of 0.01Sat for each "Sat" sent, so I wanted to verify, a thread from my local board has served, but in any case it is important to clarify that it is not 400k sat but 40,000 Sat if we take the 1% reference.

Which is a more "acceptable" rate of $ 7.5 (+/-) compared to the 400k Sat mentioned, Anyway, thanks for mentioning this 1%.

_____
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You're absolutely right, my mistake there. I was counting it on a max of 0.4 BTC, but the limit is actually 0.04 BTC, but still, 40k satoshi for a 0.04 BTC spend is still a LOT of sats. 1% flat fee makes sense for micro transactions but when you can still spend a 5000 sat fee for next block confirmation, then Lightning stops making sense if the tx is above 500,000 satoshi.

I know price of BTC is crazy right now, so that almost $10 fee is only worth for deposits of far larger than $1000 to me.

Thanks for the correction!

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November 21, 2020, 11:28:36 AM
 #189

.....so casinos better have fee structure which set fee based on the current network traffic not the fixed one.
They sometimes have fix fee but when bitcoin rises and fees increase, the fee will also increase but when it falls back, sometimes it's hard for them to adjust, what they are doing is all in their advantage, so you are right, it might affect their reputation, and personally I'm not sticking with that kind of site.

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November 21, 2020, 11:35:26 AM
 #190

Yeah, that's true I also notice it in some sportsbooks on which it takes almost 1/6 of your total earnings, which is not that so good for every gambler and earner. I have experienced it once and I was shocked because of its transaction fees, I expected to receive $20 but almost only $15 I received from that transaction from the casino. The worst thing here is that when the value of the bitcoin pumps then the transaction fees will get higher.

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November 21, 2020, 11:44:03 AM
 #191

Not all of them actually, in fact some casinos are giving us an option to use altcoins to avoid the high transaction fee, and I think at this moment, the transaction fee is not high anymore, so if casinos had increase it before, they better get it back to normal now.
The increase in fees when making withdrawals is due to the factor of the increase in the price of bitcoin, whereas for withdrawals using other altcoin methods I don't think the price increases, because I see there are still some gambling places that still have fixed withdrawal fees, it's just that possible transactions to the designated wallet will take longer to confirm.
You have a point there,why need to push withdrawing in High fees coin when there are altcoins that has Lower fee and also faster in transacting?

I use Doge wayback until i use Ripple in which always cheaper to withdraw,also there is Tron and some alts that will fit your desire in fees.

Yeah, that's true I also notice it in some sportsbooks on which it takes almost 1/6 of your total earnings, which is not that so good for every gambler and earner. I have experienced it once and I was shocked because of its transaction fees, I expected to receive $20 but almost only $15 I received from that transaction from the casino. The worst thing here is that when the value of the bitcoin pumps then the transaction fees will get higher.
maybe also because of the on going Bull that Bitcoin and some other coins are increasing in value?
but anyway like what i said above we still have options and can decide which to use for a certain time.
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November 21, 2020, 01:52:23 PM
 #192

.....so casinos better have fee structure which set fee based on the current network traffic not the fixed one.
They sometimes have fix fee but when bitcoin rises and fees increase, the fee will also increase but when it falls back, sometimes it's hard for them to adjust, what they are doing is all in their advantage, so you are right, it might affect their reputation, and personally I'm not sticking with that kind of site.
Actually I am suggesting the fee structure which keep adjusting to the actual memepool size so it keep changes after every block mined.
Good idea because Both will be having fair in terms of favors,Gambling sites will have a fair and regular structures and gamblers will also have basis in how much he needs to pay each time.
Not like now that we are being curious why the sudden fee goes up and down though we already has ideas since the Bitcoin and the market is gaining high value.









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November 21, 2020, 07:21:03 PM
 #193

The casinos should give the option to join a bulk withdraw  or you can do an instant withdraw with a high fee or you choose to he party of a bulk withdraw which will be done every 4 hours for a much smaller fee.



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November 21, 2020, 08:07:44 PM
 #194

But if you are a gambler, fees will really matter and choosing those who can offer a small one could be the best idea. I'd never see there is another reason the cause of this changes as it is eventually a practice before.What casinos did is just to get some more profit coming from fees and they'll also taking the advantage while Bitcoin is in hype.
The reason you will hear from casino who increased their withdrawal fees is that some users are taking advantage of the lower fees and using the casino as a wallet to hold your funds and then withdraw without even playing anything and i recently heard the same from Stake management that the reason for the fee hike is to avoid users like that and not to squeeze petty profit as some of the gambling sites are providing much bigger freebies and giveaways.
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November 25, 2020, 08:21:44 AM
 #195

Most casinos offer a fixed amount I never used other platforms due to their high withdrawal fee.
Whenever the price of bitcoin increases they charge more because they know people goona put more money due to the fluctuation of the market.
I think choosing the altcoin can also help to solve this issue. Like using ETH in gambling and convert them into bitcoin.
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November 26, 2020, 11:58:42 PM
Last edit: November 27, 2020, 12:12:24 AM by famososMuertos
 #196

But if you are a gambler, fees will really matter and choosing those who can offer a small one could be the best idea. I'd never see there is another reason the cause of this changes as it is eventually a practice before.What casinos did is just to get some more profit coming from fees and they'll also taking the advantage while Bitcoin is in hype.
The reason you will hear from casino who increased their withdrawal fees is that some users are taking advantage of the lower fees and using the casino as a wallet to hold your funds and then withdraw without even playing anything and i recently heard the same from Stake management that the reason for the fee hike is to avoid users like that and not to squeeze petty profit as some of the gambling sites are providing much bigger freebies and giveaways.
Nahh! noT really ... no "serious" casino does this to increase the fees to make a profit, they just want a high fee to avoid queues of waiting Txs and consequently annoying users, but they forget the correct fee.

In reality neither players nor casinos are interested in this volatility, we all want stable fees despite the sudden increases price bitcoin, that is why the good intentions of some casinos in implementing alternatives are appreciated.

Anyway; In the long run, a fee affects each player differently and in that circumstantial sense has a weight on their bankroll in terms of the frequency of withdrawals, e.g. $ 5 may not be a large amount to consider for certain players or in the frequency either, but that something like five withdrawals is pay $ 25 to the cause of a third party that does not represent the true value of what you should pay him

You mention that some are using casinos as wallets, it is an old practice that exists in the fiat world, in fact once I heard a professional player say that he felt safer with his money in the Red Spade than a bank. In that sense, some Fiat casinos offer a withdrawal at a certain percentage when the players have not made bets with their deposit, in the case of some crypto casinos they require at least 2x the deposit before withdrawing. (Reading ToS always avoids surprises)

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This topic arose with the direct objective of knowing the fees and having a history of their behavior in some casinos, but the opinion of the users has allowed to direct the thread to other related horizons allowing to grow in comments and knowledge, thanks to those who contribute their experiences to the Topic.

Please! not more recommendations of withdraw with the Alts, ty.

G.B.


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November 27, 2020, 12:32:15 PM
 #197

Most casinos offer a fixed amount I never used other platforms due to their high withdrawal fee.

Good casinos do not charge any withdrawal fee. I have never gambled on a site long term if they charge any fees for payout. I mean, it is well known that online casinos are highly lucrative and if they also ask for money for the payout (admittedly, the fewest users pay out because the fewest win), then that is already an arrogance towards their customers. But it's also up to the users. Avoid such gambling providers and sooner or later they will change your fee policy.
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November 27, 2020, 10:30:11 PM
 #198

Most casinos offer a fixed amount I never used other platforms due to their high withdrawal fee.

Good casinos do not charge any withdrawal fee. I have never gambled on a site long term if they charge any fees for payout. I mean, it is well known that online casinos are highly lucrative and if they also ask for money for the payout (admittedly, the fewest users pay out because the fewest win), then that is already an arrogance towards their customers. But it's also up to the users. Avoid such gambling providers and sooner or later they will change your fee policy.

There are some who do shoulder out the withdrawal fees but not all of them but doesnt mean that they arent good ones.Its just they cant really afford to add up into their expense on shouldering the fee into those withdrawal transcations and for those who does then thats one shows about generosity of the site because not all would be offering the same thing.For those places who do have static ones then it wont really be that appealing but for those dynamic which is understandable because of the market condition.It do all varies but i do much prefer on having an option neither you do want to have that
low to high priority type of fees for you to choose on which is a great thing or option for a gambler to have.

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November 27, 2020, 11:20:46 PM
 #199

But if you are a gambler, fees will really matter and choosing those who can offer a small one could be the best idea. I'd never see there is another reason the cause of this changes as it is eventually a practice before.What casinos did is just to get some more profit coming from fees and they'll also taking the advantage while Bitcoin is in hype.
The reason you will hear from casino who increased their withdrawal fees is that some users are taking advantage of the lower fees and using the casino as a wallet to hold your funds and then withdraw without even playing anything and i recently heard the same from Stake management that the reason for the fee hike is to avoid users like that and not to squeeze petty profit as some of the gambling sites are providing much bigger freebies and giveaways.
Only a few of them using that and just only those people who are doing illegal but I'd never think that normal/professional gamblers will do that. But I don't see this as a reason that it makes the price increase, this is just a normal scenario since before and when the price of bitcoin surge high, fees also moving high.
If we could find gambling sites that never ask for fees, that much better but just be sure that your funds are safe otherwise, it all be gone out of your control or at worse if they are asking KYC then because of suspicious transactions.



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November 28, 2020, 06:15:31 AM
 #200



There are some who do shoulder out the withdrawal fees but not all of them but doesnt mean that they arent good ones.Its just they cant really afford to add up into their expense on shouldering the fee into those withdrawal transcations and for those who does then thats one shows about generosity of the site because not all would be offering the same thing.For those places who do have static ones then it wont really be that appealing but for those dynamic which is understandable because of the market condition.It do all varies but i do much prefer on having an option neither you do want to have that
low to high priority type of fees for you to choose on which is a great thing or option for a gambler to have.

Yeah and sometimes network asked for high fees so idont think gambling website need to shoulder that fees just for the sake of players ,and more of them also want faster transaction if gambling sites shoulder it I am sure they will always choose the lower fees to pay .where sometimes takes time before you recieve it in the wallet and not all have that patience of waiting.

I am more favorable in own exchange convertion to other currency in gambling sites, so if other want to use low fees they can choose other altcoin instead of BTC .
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November 28, 2020, 07:41:39 AM
 #201



There are some who do shoulder out the withdrawal fees but not all of them but doesnt mean that they arent good ones.Its just they cant really afford to add up into their expense on shouldering the fee into those withdrawal transcations and for those who does then thats one shows about generosity of the site because not all would be offering the same thing.For those places who do have static ones then it wont really be that appealing but for those dynamic which is understandable because of the market condition.It do all varies but i do much prefer on having an option neither you do want to have that
low to high priority type of fees for you to choose on which is a great thing or option for a gambler to have.

Yeah and sometimes network asked for high fees so idont think gambling website need to shoulder that fees just for the sake of players ,and more of them also want faster transaction if gambling sites shoulder it I am sure they will always choose the lower fees to pay .where sometimes takes time before you recieve it in the wallet and not all have that patience of waiting.
Actually it is our prerogative what to choose,because some sites requires no Fee in certain amount while oters has very High requirements so its either we choose one or another depend on our mood and desire,because if we are not in a Hurry then its ok even if this takes time.
I am more favorable in own exchange convertion to other currency in gambling sites, so if other want to use low fees they can choose other altcoin instead of BTC .
Actually they don't need to own exchange because they can accept which currency they want in each sites,and many of them are offering various crypto for us to use in gaming.









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December 01, 2020, 10:51:46 PM
Last edit: December 01, 2020, 11:08:39 PM by CarnagexD
 #202


There are some who do shoulder out the withdrawal fees but not all of them but doesnt mean that they arent good ones.Its just they cant really afford to add up into their expense on shouldering the fee into those withdrawal transcations and for those who does then thats one shows about generosity of the site because not all would be offering the same thing.For those places who do have static ones then it wont really be that appealing but for those dynamic which is understandable because of the market condition.It do all varies but i do much prefer on having an option neither you do want to have that
low to high priority type of fees for you to choose on which is a great thing or option for a gambler to have.

It is more of as either as a publicity stunt or a way for the gambling site to gather more people in really rather than the site's generosity. It's arbitrary that the less you charge per bet, the more people will come into your site to play and bet. And thru this huge number of people betting, they can always cover the expenses of the transaction fees like it's nothing.
Most casinos offer a fixed amount I never used other platforms due to their high withdrawal fee.

Good casinos do not charge any withdrawal fee. I have never gambled on a site long term if they charge any fees for payout. I mean, it is well known that online casinos are highly lucrative and if they also ask for money for the payout (admittedly, the fewest users pay out because the fewest win), then that is already an arrogance towards their customers. But it's also up to the users. Avoid such gambling providers and sooner or later they will change your fee policy.

There are some who do shoulder out the withdrawal fees but not all of them but doesnt mean that they arent good ones.Its just they cant really afford to add up into their expense on shouldering the fee into those withdrawal transcations and for those who does then thats one shows about generosity of the site because not all would be offering the same thing.For those places who do have static ones then it wont really be that appealing but for those dynamic which is understandable because of the market condition.It do all varies but i do much prefer on having an option neither you do want to have that
low to high priority type of fees for you to choose on which is a great thing or option for a gambler to have.

I also like to have choice and then it's only up to me and I know I take certain risk by taking lower fee
We don't like high fees but sometimes we forget that everyone in this chain wants to have its share, and profit so we can't blaim casinos for that. But like I said that is why it's important to always have a choice no matter what it's about.

Instead of having only fixed one payment option as for withdrawal, rightly said that let users decide based on the choices which need to be given to users. In the end they will still be making money from each withdrawal and rather than just imposing only 1 option where at times the transaction fees are higher than the actual withdrawable amount a custom option will suffice if user is ready even if it takes couple of days for their transaction to get confirmed.

But why would you essentially need to have multiple withdrawal methods? I can't see how it is intuitive enough to help sustain the site and may even cause problems with coding. Might as well just use a faster cash out option, lower the costs and advertise it to many people so you gain back the losses you got from lowering the transaction fees. That should work as I've seen it from a couple of cryptocurrency sites already.

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December 01, 2020, 11:23:46 PM
 #203

...//...:

Please, I don't understand your ideas or comments, but can you provide some additional information or an example of a last withdrawal, what is your last withdrawal fee charged and in which casino?


...//...:  I can't see how it is intuitive enough to help sustain the site and may even cause problems with coding. Might as well just use a faster cash out option, lower the costs and advertise it to many people so you gain back the losses you got from lowering the transaction fees. ...//...
  Huh

...//...: :...//....That should work as I've seen it from a couple of cryptocurrency sites already.
which sites?




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December 01, 2020, 11:40:54 PM
 #204

Recently ive been playing on stake and i can say that they had huge withdrawal fee in BTC. I tried to make some withdrawal and the fee was about 0.0002 which is totally out of this world

where you do try to check the entire mempool situation which the lowest priority does have only 20 sats per byte.So i did make some conversion to ETH.. Arent they making their fee on dynamic ones?

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December 02, 2020, 02:41:59 AM
 #205

There are some who do shoulder out the withdrawal fees but not all of them but doesnt mean that they arent good ones.Its just they cant really afford to add up into their expense on shouldering the fee into those withdrawal transcations and for those who does then thats one shows about generosity of the site because not all would be offering the same thing.For those places who do have static ones then it wont really be that appealing but for those dynamic which is understandable because of the market condition.It do all varies but i do much prefer on having an option neither you do want to have that
low to high priority type of fees for you to choose on which is a great thing or option for a gambler to have.

Yeah and sometimes network asked for high fees so idont think gambling website need to shoulder that fees just for the sake of players ,and more of them also want faster transaction if gambling sites shoulder it I am sure they will always choose the lower fees to pay .where sometimes takes time before you recieve it in the wallet and not all have that patience of waiting.

I am more favorable in own exchange convertion to other currency in gambling sites, so if other want to use low fees they can choose other altcoin instead of BTC .

When the network asked for high fees, the gambling site needs to follow and adjust their fees based on the network fees. A gambler can select the other coin if they don't like the high fees, and if the gambling site has many coins to gamble, that can help the gamblers convert the coin to the coin they want. I also want to convert my bitcoin to other coins that don't need to pay high fees, and I think many gambling sites have that feature, so their members don't have to worry about the fees.
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December 02, 2020, 03:49:07 AM
 #206

Recently ive been playing on stake and i can say that they had huge withdrawal fee in BTC. I tried to make some withdrawal and the fee was about 0.0002 which is totally out of this world
Same here withdrawn in one popular Site and the equivalent of Fee is almost 10% of 100$ that i take out  and it's weird because according to their platform it is supposedly 0.0002 bitcoin but seems different with the result.
Quote
where you do try to check the entire mempool situation which the lowest priority does have only 20 sats per byte.So i did make some conversion to ETH.. Arent they making their fee on dynamic ones?
This is what i also think that they are using differently 20 sat per byte is far lower than the fee they are taking.
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December 02, 2020, 05:09:50 AM
Last edit: April 10, 2021, 03:15:25 AM by ralle14
 #207

This is what i also think that they are using differently 20 sat per byte is far lower than the fee they are taking.
From my experience other casinos that charges a fixed fee does the same thing they don't use all the fee we pay to them. Stake probably use an estimator and one downside with estimators is that it could take time for the fees to adjust if the blocks get delayed just like what happened few hours ago.

Two weeks ago they used a 40 sat/byte fee on my withdrawal and during that time you could easily get confirmation with a 10-20 sat/byte fee.

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December 02, 2020, 07:11:11 AM
 #208

For me it is normal for their withdrawal fee to rise up specially when the transaction fee for Bitcoin is increasing.
I think it is also one of their source of income besides the house edge to ensure their platform would continue.
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December 02, 2020, 08:23:30 AM
 #209

For me it is normal for their withdrawal fee to rise up specially when the transaction fee for Bitcoin is increasing.
I think it is also one of their source of income besides the house edge to ensure their platform would continue.

It is Ok if they will increase but at least they will change the Fix withdrawal fee so Gambler knows how much he will be getting in case of withdrawals.
Like what said above that the amount is 10% of the withdrawn Money in which to high,because what if you need to take a 1000$ then the fee should be 100$?
Better Indicate the fee then we will decide if may continue playing in their site or find another with lower fee,Because this comes as misleading in part of the gamblers.
i don't mean they are cheating the players but this will be the thought if you become one of the player.









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December 02, 2020, 08:40:22 AM
 #210

For me it is normal for their withdrawal fee to rise up specially when the transaction fee for Bitcoin is increasing.
I think it is also one of their source of income besides the house edge to ensure their platform would continue.


Indeed. It will be up to us if we still use bitcoin to withdraw because I think the site will have another option of the coin that we can use to withdraw. If that so, we can convert it into another coin with low fees that will use to send the coin. It will help us avoid bitcoin's big fees, and I think we can hold that coin until the price can increase. I suggest selecting only a popular coin such as ethereum, litecoin, doge, trx, eos to convert from bitcoin to altcoin.

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December 02, 2020, 09:07:50 AM
 #211

For me it is normal for their withdrawal fee to rise up specially when the transaction fee for Bitcoin is increasing.
I think it is also one of their source of income besides the house edge to ensure their platform would continue.

Now it’s a long time and whenever the price fluctuates too much the withdrawal happens a lot and this is where even the transactions costs goes up and since to make some income all sites do increase the transactions costs. So now can’t do much on such instances and rather accept it and only avoidable circumstances you can ignore, rest we must use it anywhich ways to transfer.


The network get saturated by many transactions that's why the casinos need to act like adding some fee's just to make the transaction smooth since if they will not do that for sure there will be a confusion regarding on withdrawal and might this will cause for other user to blame the casino for stuck up issue for their balances.

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December 02, 2020, 09:28:40 AM
 #212

For transferring, I mainly use TRX to get faster service. I withdraw my funds from Betnomi which is a gambling sites and there has an option to select which you want. I generally select TRX to withdraw my funds and directly send to Binance. Currently, the fees increased in Eth transaction too. So if you don't want to withdraw now for fees then convert your Btc to another crypto which has lower fees, then go for withdrawal.

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December 02, 2020, 07:39:09 PM
 #213

For transferring, I mainly use TRX to get faster service. I withdraw my funds from Betnomi which is a gambling sites and there has an option to select which you want. I generally select TRX to withdraw my funds and directly send to Binance. Currently, the fees increased in Eth transaction too. So if you don't want to withdraw now for fees then convert your Btc to another crypto which has lower fees, then go for withdrawal.

if you make bets in TRX or XRP the fees are relatively low and there are no problems with withdrawals. but if you make bets in BTC or ETH the fees are really high and user should think twice before withdrawing small sums.

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December 02, 2020, 07:51:06 PM
 #214

Recently ive been playing on stake and i can say that they had huge withdrawal fee in BTC. I tried to make some withdrawal and the fee was about 0.0002 which is totally out of this world

where you do try to check the entire mempool situation which the lowest priority does have only 20 sats per byte.So i did make some conversion to ETH.. Arent they making their fee on dynamic ones?

This is to be expected especially that the market is experiencing a bullish run of bitcoin in the past few day. To be honest, expect it to increase further in the upcoming weeks if the price index continues to rise until the last quarter of this year.

My advice would be to withdraw your funds in one go. Avoid withdrawing them on a piece-meal basis since this will cost more in the long run. Hopefully other gambling websites have relatively low transaction fees despite the bullish run.

R


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December 02, 2020, 07:59:34 PM
 #215

Recently ive been playing on stake and i can say that they had huge withdrawal fee in BTC. I tried to make some withdrawal and the fee was about 0.0002 which is totally out of this world

where you do try to check the entire mempool situation which the lowest priority does have only 20 sats per byte.So i did make some conversion to ETH.. Arent they making their fee on dynamic ones?

This is to be expected especially that the market is experiencing a bullish run of bitcoin in the past few day. To be honest, expect it to increase further in the upcoming weeks if the price index continues to rise until the last quarter of this year.

My advice would be to withdraw your funds in one go. Avoid withdrawing them on a piece-meal basis since this will cost more in the long run. Hopefully other gambling websites have relatively low transaction fees despite the bullish run.

Majority of them will really be depending on networks suggested fees that's why they cant really able to control it unless if they do set out to minimal but to expect that it wont really be confirmed fast that's why they don't really have any choice yet they cant just afford to give out free withdrawal with those high fees yet that would really be costly on their side.
Ive seen only a few gambling sites offering free withdrawal.

Transacting in bulks is much more preferable so that you would be paying up fee in one go and also switching to alts is a good move or choice too.

R


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December 02, 2020, 08:31:12 PM
 #216

Some casinos charge a fee, others don't. That will have to do with which payout method you request. With bitcoin it is unavoidable that a fee has to be paid. A casino can still choose to pay this fee itself.

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December 02, 2020, 08:42:10 PM
 #217

In some casinos I pay fee 0.0001 btc but in blockchain I see that they paid like example 600 satoshi fee only.May I know why?

IMO it is because the site uses a automatic system based on the current median transaction size.
I experienced it on crypto.games some time ago and I asked about it as well, and here is the information provided by crypto.games:
Quote
Example: I was charged 0.0005 BTC fees for my withdrawal, but the bitcoin transaction sent used a lower fee, why does this happen?
The withdrawal fee charged to a user issuing a withdrawal is the fee for a transaction with the size of 500 bytes (which is the current median transaction size according to tradeblock), in this exemplary case, 0.0005 BTC. The actual transaction sent uses a per kB fee that’s twice the size of your charged withdrawal fee (in this example, 0.0005 BTC are charged, and 0.001 BTC per kB are used). However, if the transaction is smaller than the average, the total fee will be lower accordingly. Likewise, if the transaction is bigger than the average, the total fee will be higher accordingly. In either case, the fee charged to the user will be the same, 0.0005 BTC, as it’s not possible to estimate the size a withdrawal transaction will have before the withdrawal is requested. In any way, the fee you are being charged is always the fee that is shown on the slider (“withdrawal fee”), where you select the fees, and the amount you receive is always the amount shown in the withdrawal popup (“Withdrawal amount after fees”).

Perhaps the casino where you play uses the same system as crypto.games, that's why the fee is for the withdrawal is not the same as what you paid.
I do believe most casinos uses similar system as there is no need for them to pay higher fee while the current network does not requires them to pay higher.

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December 02, 2020, 08:53:42 PM
 #218

As I see this thread was created in August. To be fair I don't remember how high were transaction fees back in August. Even if it was high, pre and post quarantine periods were the greatest for casinos, their profit was very high, so it should balance this out but right now, I can't say anything because in some countries there are significantly increased fees on casinos and even some countries seriously take care of antigambling companies that includes prohibiting of casino advertisements in TVs, billboards, etc. That's bad for casinos and their marketing.
I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

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December 02, 2020, 10:34:47 PM
 #219

I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

I hope so, unfortunately, most casinos does not offer that in their platform, they are the one who set the fee and we just have to choose either low, regular, and priority. With custom fees, we would be able to know how much we would spend for the fee of our transactions, this is very useful especially for mini transactions where we want to avoid high fees.

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December 02, 2020, 10:46:16 PM
 #220

I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

I hope so, unfortunately, most casinos does not offer that in their platform, they are the one who set the fee and we just have to choose either low, regular, and priority. With custom fees, we would be able to know how much we would spend for the fee of our transactions, this is very useful especially for mini transactions where we want to avoid high fees.

indeed! not many casinos are offering customized fees. and most of them, they have fixed fees. not so many are offering the options of low, regular, or high priority. if theres internal exchange for that casino, you can convert it to other alts like maybe xrp or doge before withdrawal. that is, if they have. i made a list of those gambling sites with internal exchange (need to update for new ones)

Gambling sites with internal exchange

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December 02, 2020, 11:27:36 PM
 #221

I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

I hope so, unfortunately, most casinos does not offer that in their platform, they are the one who set the fee and we just have to choose either low, regular, and priority. With custom fees, we would be able to know how much we would spend for the fee of our transactions, this is very useful especially for mini transactions where we want to avoid high fees.

indeed! not many casinos are offering customized fees. and most of them, they have fixed fees. not so many are offering the options of low, regular, or high priority. if theres internal exchange for that casino, you can convert it to other alts like maybe xrp or doge before withdrawal. that is, if they have. i made a list of those gambling sites with internal exchange (need to update for new ones)

Gambling sites with internal exchange
I usually converting BTC to XRP just to save fees and sometimes I think that if the situation will get worse and fees will increase more especially when you are depositing, I'd rather have to stop for a while. I'm not addicted to gambling that it really cares for the fees which are really hurting us, especially for casual players.

Having a customized fee could give the best option even it takes a day or more before it arrives at the destination. But I'm not sure if they are willing to offer that Sad


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December 03, 2020, 07:18:02 AM
 #222

Some casinos charge a fee, others don't. That will have to do with which payout method you request. With bitcoin it is unavoidable that a fee has to be paid. A casino can still choose to pay this fee itself.
But most gambling sites will charge a fee to their users who want to withdraw their money, which is normal to see in the casino. The fee itself will be the responsibility of each member who wants to get their money by withdrawing. But members will also have an option to avoid paying a high fee if the bitcoin fee increases. They can use the other coin to withdraw, and although the amount will decrease if they use bitcoin, they still make a profit. They should not be disappointed if that thing happens because they don't have to pay a high fee, and they can convert the altcoin to bitcoin back, or they can hold it for more until that altcoin price increase. I guess they will have many altcoin investment at this moment, so when the altcoin season comes, they can sell their coin at a high price.

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December 03, 2020, 07:42:29 AM
 #223

Recently ive been playing on stake and i can say that they had huge withdrawal fee in BTC. I tried to make some withdrawal and the fee was about 0.0002 which is totally out of this world

where you do try to check the entire mempool situation which the lowest priority does have only 20 sats per byte.So i did make some conversion to ETH.. Arent they making their fee on dynamic ones?

This is to be expected especially that the market is experiencing a bullish run of bitcoin in the past few day. To be honest, expect it to increase further in the upcoming weeks if the price index continues to rise until the last quarter of this year.
Sorry but what is the reason when the Bitcoin and other altcoin Increase higher that the Withdrawal fees also increase when the sites Mostly has a FIX withdrawal fees?isn't it questionable that with 0002BTC fee but when you withdraw if was multiplied even x5?
Quote
My advice would be to withdraw your funds in one go. Avoid withdrawing them on a piece-meal basis since this will cost more in the long run. Hopefully other gambling websites have relatively low transaction fees despite the bullish run.
i Can't do that because when i Gamble i Only take each wins and continue playing with my capital so once its all lose then all the winning will be my take home and thats what i do as strategy to control my self in betting.

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December 03, 2020, 07:56:22 AM
 #224

I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

I hope so, unfortunately, most casinos does not offer that in their platform, they are the one who set the fee and we just have to choose either low, regular, and priority. With custom fees, we would be able to know how much we would spend for the fee of our transactions, this is very useful especially for mini transactions where we want to avoid high fees.
That's a good idea but I think they're aware of that concern and it's been a long time since some users have addressed that to a few casino.

But they just can't control the network, that's the reason and answer that they'll give to us.



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December 03, 2020, 08:15:55 AM
 #225

I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

I hope so, unfortunately, most casinos does not offer that in their platform, they are the one who set the fee and we just have to choose either low, regular, and priority. With custom fees, we would be able to know how much we would spend for the fee of our transactions, this is very useful especially for mini transactions where we want to avoid high fees.
Of course gambling sites won't implement having customize Withdrawal fees because at some point they are also Gaining some funds from our fees.

So each time that there is congestion this is the advantage to collect much higher fee,they are taking small part of our earning from winning in gambling and winning in Pumping.

Because if not then they will stick in the amount required per certain withdrawals.









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December 03, 2020, 10:01:48 AM
 #226

Of course gambling sites won't implement having customize Withdrawal fees because at some point they are also Gaining some funds from our fees.

So each time that there is congestion this is the advantage to collect much higher fee,they are taking small part of our earning from winning in gambling and winning in Pumping.

Because if not then they will stick in the amount required per certain withdrawals.

I do not believe a good casino does this as part of their business model. For exchanges yes, since people can be expected to even make their deposit decisions based on withdrawal fees, but casinos need people to be able to withdraw and enjoy those winnings,,, knowing it makes them return.

I believe most casinos set a higher than needed fee to ensure they always process fast withdrawals, and keep a balance from any fees gained to pay for the same high fees during high mempool.

.
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December 03, 2020, 11:10:57 AM
 #227

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.

Would this mean that you guys are experiencing a high withdrawal fee also at the moment?

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December 03, 2020, 12:59:21 PM
 #228

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.

Would this mean that you guys are experiencing a high withdrawal fee also at the moment?

Depends on the casino withdrawal fee's system, if the casino uses fixed system then it will remain the same no matter how expensive the current withdrawal fee is.
But if the casino uses a system where the fee is based on the latest network/mempool condition then players will have to pay higher fee.
30k satoshi is still low compared to what we have to pay few weeks back, so better thing to do is to wait till we get cheaper transaction fee if we are playing on casino with the 2nd mentioned system if we do not want to pay too high fee.

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December 03, 2020, 01:02:22 PM
 #229

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.

Would this mean that you guys are experiencing a high withdrawal fee also at the moment?

Depends on the casino withdrawal fee's system, if the casino uses fixed system then it will remain the same no matter how expensive the current withdrawal fee is.
But if the casino uses a system where the fee is based on the latest network/mempool condition then players will have to pay higher fee.
30k satoshi is still low compared to what we have to pay few weeks back, so better thing to do is to wait till we get cheaper transaction fee if we are playing on casino with the 2nd mentioned system if we do not want to pay too high fee.

I think that's not a gambler's thing to "wait", I suggest to deposit a decent amount so you'll not make deposit from time to time, but of course only do it in a gambling site that you trust the most, putting your money more than 24 hours in their wallet is highly risky.

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December 03, 2020, 01:25:46 PM
 #230

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.

Would this mean that you guys are experiencing a high withdrawal fee also at the moment?

Depends on the casino withdrawal fee's system, if the casino uses fixed system then it will remain the same no matter how expensive the current withdrawal fee is.
But if the casino uses a system where the fee is based on the latest network/mempool condition then players will have to pay higher fee.
30k satoshi is still low compared to what we have to pay few weeks back, so better thing to do is to wait till we get cheaper transaction fee if we are playing on casino with the 2nd mentioned system if we do not want to pay too high fee.

I think that's not a gambler's thing to "wait", I suggest to deposit a decent amount so you'll not make deposit from time to time, but of course only do it in a gambling site that you trust the most, putting your money more than 24 hours in their wallet is highly risky.
also make sure that you have a full control of your self before you decide to depo big at once because there are gamblers that when they see their self with a big balance the ego of them when betting are also boosted .

if your that type of gambler that still fine to depo big if you really want to do it for the sake of saving some money because of the high transaction fee of btc but make sure you do it on a casino that has an in built vault system on them to be able to put most of your depo money in the safe .
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December 03, 2020, 02:05:11 PM
 #231

This is when the importance of altcoins in gambling is considered. Gamblers can still play using LTC or ETH whatever they see fit but to be honest, even ETH today is having a high market price which means that there's huge market activity and also might induce higher transaction fees like bitcoin. I would advise you to cash in through a bank or card if you cannot accept Bitcoin's transaction fee. But most of the time, these transaction fees are caused by huge market congestion. Meaning, many Bitcoin holders are transacting at the same time and the solution is just to wait.
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December 03, 2020, 03:33:11 PM
 #232

As I see this thread was created in August. To be fair I don't remember how high were transaction fees back in August. Even if it was high, pre and post quarantine periods were the greatest for casinos, their profit was very high, so it should balance this out but right now, I can't say anything because in some countries there are significantly increased fees on casinos and even some countries seriously take care of antigambling companies that includes prohibiting of casino advertisements in TVs, billboards, etc. That's bad for casinos and their marketing.
I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

This global pandemic we have right now has a positive effect in gambling especially onling gambling and casino. Online casino become the new trends in gambling and a good thing about online gambling was they are offering bitcoin as a payouts for player. Which made the crypto market especially bitcoin pump to now of having a value of $19,187. But the rise of bitcoin, the in demand of online gambling and casino may also be the reason of rising a casino withdrawal fees. Which of course was'nt impossible.
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December 03, 2020, 10:32:37 PM
 #233

As I see this thread was created in August. To be fair I don't remember how high were transaction fees back in August. Even if it was high, pre and post quarantine periods were the greatest for casinos, their profit was very high, so it should balance this out but right now, I can't say anything because in some countries there are significantly increased fees on casinos and even some countries seriously take care of antigambling companies that includes prohibiting of casino advertisements in TVs, billboards, etc. That's bad for casinos and their marketing.
I think casinos should let us to set custom fees on transactions! This will be the right deal for everyone right now.

This global pandemic we have right now has a positive effect in gambling especially onling gambling and casino. Online casino become the new trends in gambling and a good thing about online gambling was they are offering bitcoin as a payouts for player. Which made the crypto market especially bitcoin pump to now of having a value of $19,187. But the rise of bitcoin, the in demand of online gambling and casino may also be the reason of rising a casino withdrawal fees. Which of course was'nt impossible.

Demand of online casino has nothing to do with casino withdrawal fees and if you do look in all of them then this do always depend of vary with the network condition
and has nothing to do with it.

If a casino do set up plus fees aside from network fees when making up some withdrawals then that would turn out to be not an appealing thing for most gamblers.

No doubt that online gambling did really make some significant advantage with this pandemic situation but doesnt mean that it would really be retaining when this
situation comes normalize.

About rise of fees then specially for dynamic ones then its already an anticipated thing and as others suggested then altcoin option will be your best shot.

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December 03, 2020, 10:46:39 PM
 #234

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.

Would this mean that you guys are experiencing a high withdrawal fee also at the moment?

Depends on the casino withdrawal fee's system, if the casino uses fixed system then it will remain the same no matter how expensive the current withdrawal fee is.
But if the casino uses a system where the fee is based on the latest network/mempool condition then players will have to pay higher fee.
30k satoshi is still low compared to what we have to pay few weeks back, so better thing to do is to wait till we get cheaper transaction fee if we are playing on casino with the 2nd mentioned system if we do not want to pay too high fee.

Thanks for the tip, I think I'll have to wait until fee will get lowered or best alternative is to use an altcoins to gamble, at the moment, a lot of sites already have options for altcoins as deposit and since it's easy to create an account in different site, it should not be a problem.

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December 05, 2020, 01:16:08 AM
 #235

For transferring, I mainly use TRX to get faster service. I withdraw my funds from Betnomi which is a gambling sites and there has an option to select which you want. I generally select TRX to withdraw my funds and directly send to Binance. Currently, the fees increased in Eth transaction too. So if you don't want to withdraw now for fees then convert your Btc to another crypto which has lower fees, then go for withdrawal.

if you make bets in TRX or XRP the fees are relatively low and there are no problems with withdrawals. but if you make bets in BTC or ETH the fees are really high and user should think twice before withdrawing small sums.
Yes, I understand what you want to mean. But if I make bets on Btc or Eth or whatever crypto currency I use, I need to convert those whenever I make withdrawal. This service can be found on Betnomi sites. You can choose the option in withdrawal time. I mostly withdraw USD to TRX for low fees.

So it depends according to the site's policy. Fixed regulations policy or based on network both in different from each other. That's why it can be different.

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December 05, 2020, 07:41:20 AM
 #236



Thanks for the tip, I think I'll have to wait until fee will get lowered or best alternative is to use an altcoins to gamble, at the moment, a lot of sites already have options for altcoins as deposit and since it's easy to create an account in different site, it should not be a problem.
I think there are casino already that you can choose what coins you want to widraw  your earnings in other crypto currency aside from Bitcoin betnomi is one of the example you can play there in fixed USD value once you deposit and you can widraw in the altcoin of your choice other gambling sites also have own exchange that you can convert it to other crypto currency of your choice.
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December 05, 2020, 07:47:46 AM
 #237

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.

Would this mean that you guys are experiencing a high withdrawal fee also at the moment?
Yes, it's high.

But for fixed withdrawal fee casinos, they won't increase the fees. I think that's what can we see for those casinos that have fixed withdrawal fees.



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December 05, 2020, 08:15:31 AM
 #238

No need to panic about the increase in withdrawal fees at online casino, this is because the price of Bitcoin and some altcoins
has increased in price. But the solution is very easy, we only need to make withdrawals using altcoins which have low transaction fees.
Based on my observations, only Bitcoin and Ethereum have experienced a quite high withdrawal fee increase, the rest of the altcoins
are relatively cheap. My advice is to use Tron to make withdrawals from the gambling site, I have proven it, Tron transaction fees are
very cheap and fast.

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December 05, 2020, 09:47:29 AM
 #239

No need to panic about the increase in withdrawal fees at online casino, this is because the price of Bitcoin and some altcoins
has increased in price. But the solution is very easy, we only need to make withdrawals using altcoins which have low transaction fees.
Based on my observations, only Bitcoin and Ethereum have experienced a quite high withdrawal fee increase, the rest of the altcoins
are relatively cheap. My advice is to use Tron to make withdrawals from the gambling site, I have proven it, Tron transaction fees are
very cheap and fast.

The solution works only if you make the deposit with altcoins or you play on a casino with a direct conversion of your deposit into fiat then you can withdraw with any available coins on the casino. High transaction fees wont be a problem at all if we are playing on casinos with fixed withdrawal fee or casinos with free withdrawal fee. The increase happens on casinos where the withdrawal fee is always change based on the latest blockchain network, when network is congested then players will be charged higher fee. On the opposite, players will be charged less when the network is back to normal.

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December 05, 2020, 12:25:21 PM
 #240

No need to panic about the increase in withdrawal fees at online casino, this is because the price of Bitcoin and some altcoins
has increased in price. But the solution is very easy, we only need to make withdrawals using altcoins which have low transaction fees.
Based on my observations, only Bitcoin and Ethereum have experienced a quite high withdrawal fee increase, the rest of the altcoins
are relatively cheap. My advice is to use Tron to make withdrawals from the gambling site, I have proven it, Tron transaction fees are
very cheap and fast.

The solution works only if you make the deposit with altcoins or you play on a casino with a direct conversion of your deposit into fiat then you can withdraw with any available coins on the casino. High transaction fees wont be a problem at all if we are playing on casinos with fixed withdrawal fee or casinos with free withdrawal fee. The increase happens on casinos where the withdrawal fee is always change based on the latest blockchain network, when network is congested then players will be charged higher fee. On the opposite, players will be charged less when the network is back to normal.

I guess there are already sites that offers that, Betnomi have that feature, you deposit a btc or any coin and you have a choice to cash out at any coin you like, other gambling site is bitsler, you can trade your coins to other coins, so it's very convenient.

R


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December 05, 2020, 12:54:56 PM
 #241

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.
Would this mean that you guys are experiencing a high withdrawal fee also at the moment?
Yes, it's high.
But for fixed withdrawal fee casinos, they won't increase the fees. I think that's what can we see for those casinos that have fixed withdrawal fees.
We'll have been experiencing the high fee in carrying out transaction recently, this is happening becasue of Bitcoin price movement but won't sty forever. It has been long i withdraw Bitcoin form my selected gambling platforms becasue i choose those casinos with the option of switching between coins to withdraw my winnings with. So, ensure to look out for such features in casinos before make deposit just to avoid this high charges from several casinos.

2017 was like this too. Bad news is the price will probably go down along with the fees. Right now there is a lot of interest for bitcoins.

If you want to make trades and got trapped on the casinos now that sucks. You'll have to pay the fee. Otherwise, just wait.

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December 05, 2020, 05:16:13 PM
 #242

I guess there are already sites that offers that, Betnomi have that feature, you deposit a btc or any coin and you have a choice to cash out at any coin you like, other gambling site is bitsler, you can trade your coins to other coins, so it's very convenient.

Actually there are many of them right now, and the number of casinos that accept other altcoins increased significantly specially in this year and it's nothing like what it was in 2017 or even 2018-2019, now from all the casino websites that I know of I only know one or two of them that don't accept anything other than Bitcoin but sooner or later they surely will be adding altcoins specially if bitcoin keeps climbing and fees with it too, I don't understand why anywhere that accepts Bitcoin would be that much hesitant towards adding at least one or two altcoins on the side too considering their customers/users are going to save a lot of money using them as payment method and that gives them a clear advantage over their competitors.
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December 05, 2020, 09:23:04 PM
 #243

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.
Would this mean that you guys are experiencing a high withdrawal fee also at the moment?
Yes, it's high.
But for fixed withdrawal fee casinos, they won't increase the fees. I think that's what can we see for those casinos that have fixed withdrawal fees.
We'll have been experiencing the high fee in carrying out transaction recently, this is happening becasue of Bitcoin price movement but won't sty forever. It has been long i withdraw Bitcoin form my selected gambling platforms becasue i choose those casinos with the option of switching between coins to withdraw my winnings with. So, ensure to look out for such features in casinos before make deposit just to avoid this high charges from several casinos.

2017 was like this too. Bad news is the price will probably go down along with the fees. Right now there is a lot of interest for bitcoins.

If you want to make trades and got trapped on the casinos now that sucks. You'll have to pay the fee. Otherwise, just wait.
Clogged network doesnt really last long thats why if you arent on a hurry then its better to skip out and wait for the right time for you to make out such transaction.

If you are willing to pay up those high fees then its your choice but we know that not all would really be having that kind of thinking or financial capacity on where they do just
simply ignore those more bucks as long they would able to play and make a withdrawal later on.For big players then this wont matter but for small ones?
Sure thing that fee does really matter.

You would need to wait up if you dont like to spent up more.

R


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December 05, 2020, 09:42:46 PM
 #244

Well you can always gor for gambling casinos where they have an exchange function capable of you exchanging your BTC to another altcoin that has lower transaction fee and then later on just converting it back to BTC. I know some gambling sites have this made becahse of the high withdrawal fees but actually some crypto gambling sites just removed it entirely because some people are abusing it and literally using it just to trade crypto.
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December 05, 2020, 10:06:44 PM
 #245

Well you can always gor for gambling casinos where they have an exchange function capable of you exchanging your BTC to another altcoin that has lower transaction fee and then later on just converting it back to BTC. I know some gambling sites have this made becahse of the high withdrawal fees but actually some crypto gambling sites just removed it entirely because some people are abusing it and literally using it just to trade crypto.

I can see that being left open to abuse with users simply using the site to exchange their crypto to another coin without actually engaging in any game plays (or very little to give the illusion of gaming) - tracking IP's should go a little way to keeping tabs on punters who are just swapping crypto4crypto

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December 05, 2020, 10:28:00 PM
 #246

Well you can always gor for gambling casinos where they have an exchange function capable of you exchanging your BTC to another altcoin that has lower transaction fee and then later on just converting it back to BTC. I know some gambling sites have this made becahse of the high withdrawal fees but actually some crypto gambling sites just removed it entirely because some people are abusing it and literally using it just to trade crypto.

Basically that their method of earning a passive income and if we're thinking they are abusing it, I guess we can't control them because that's their ways of managing funds to avoid being drowned financially. Btc transaction fees literally spikes due to rising value, so it's expected to happen, of course if you're earning good then everything always matters on other certain consideration.
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December 05, 2020, 11:06:38 PM
 #247

Well you can always gor for gambling casinos where they have an exchange function capable of you exchanging your BTC to another altcoin that has lower transaction fee and then later on just converting it back to BTC. I know some gambling sites have this made becahse of the high withdrawal fees but actually some crypto gambling sites just removed it entirely because some people are abusing it and literally using it just to trade crypto.
I usually use other crypto or altcoins in gambling like XRP or ETH since BTC fees is way too high that It's fee also can be used to atleast bet in a 1-3 rounds. Luckily, there are already many casinos who accepts not just BTC but also many other altcoins depending on what casino they are,
At the moment, gambling is not anymore hard despite seeing the transaction fee of bitcoin rises, not only altcoins actually, there are also sites that have started to accept a stable coin, that thing would really kill the volatility, so you can just focus on gambling.

or  better if they are in EOS platform.
What's special about EOS platform? sorry to ask, never gambled on a certain platform before.

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December 06, 2020, 01:45:39 AM
 #248

Looks like bitcoin transaction fee is high at the moment, I transacted recently and the fee was like 0.0003+ per transaction.
Would this mean that you guys are experiencing a high withdrawal fee also at the moment?
Yes, it's high.
But for fixed withdrawal fee casinos, they won't increase the fees. I think that's what can we see for those casinos that have fixed withdrawal fees.
We'll have been experiencing the high fee in carrying out transaction recently, this is happening becasue of Bitcoin price movement but won't sty forever. It has been long i withdraw Bitcoin form my selected gambling platforms becasue i choose those casinos with the option of switching between coins to withdraw my winnings with. So, ensure to look out for such features in casinos before make deposit just to avoid this high charges from several casinos.
If it is in bitcoin, you will firstly notice it as high because it is convertible to dollars.

Other casinos that have integrated exchange can convert into alts for lesser fees. But not all gamblers are like that, because of the increase in bitcoins price. They want to remain it as is in bitcoin.



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December 06, 2020, 02:38:46 AM
 #249

Well you can always gor for gambling casinos where they have an exchange function capable of you exchanging your BTC to another altcoin that has lower transaction fee and then later on just converting it back to BTC. I know some gambling sites have this made becahse of the high withdrawal fees but actually some crypto gambling sites just removed it entirely because some people are abusing it and literally using it just to trade crypto.

Basically that their method of earning a passive income and if we're thinking they are abusing it, I guess we can't control them because that's their ways of managing funds to avoid being drowned financially. Btc transaction fees literally spikes due to rising value, so it's expected to happen, of course if you're earning good then everything always matters on other certain consideration.

But not many people can have earnings good from gambling. They think that if they can win the game, the money will be worth it for them, so they want to reduce the fee by converting bitcoin to altcoin, which can help them pay a low fee. It is normal if they always do that while the bitcoin fee transaction is too high for them, but they will back to bitcoin withdrawal once the fees can be low.

If they can convert their bitcoin to altcoin, that can bring them another benefit because the altcoin can also rise higher. When they can hold the altcoin for a while and not too rush to sell at once, they can sell it at a high price. That can give them more money.
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December 06, 2020, 04:26:18 AM
 #250

....//...: Tron transaction fees are
...//
Please read the OP's suggestion and as 4 previous suggestions, no more retreat recommendations with shitcoin the subject has already been discussed or commented.

This thread is about Bitcoin withdrawals and their fees, please tell your experiences or add information to include it in the table, thanks.
___
An interesting topic is being developed in relation to a withdrawal based on a swap, not every casino has it, but those who have it should know that they have additional cost rates that range from 10% fee additional to the amount you exchange, there are also minimum amounts for use internal exchanges.

I have just started using Betnomi and this casino offers to withdraw in any currency, without surcharge, well at least it happened with the currency with which I made the operation, deposit in bitcoin and withdraw in ETH.

It is really interesting because it converts your deposits into fiat currency (euros or dollars) and then you withdraw in the currency of your choice without any problem.

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December 06, 2020, 06:14:48 AM
 #251


Demand of online casino has nothing to do with casino withdrawal fees and if you do look in all of them then this do always depend of vary with the network condition
and has nothing to do with it.


In most casino, the fee is fixed in terms of satoshis and therefore if you calculate it with the usd, you will think the fee is increased because the rate of bitcoin is almost doubled from 10,000 to 19000$ within 2 months. In satoshi value, the fee is still the same.
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December 06, 2020, 06:57:43 AM
 #252


Demand of online casino has nothing to do with casino withdrawal fees and if you do look in all of them then this do always depend of vary with the network condition
and has nothing to do with it.


In most casino, the fee is fixed in terms of satoshis and therefore if you calculate it with the usd, you will think the fee is increased because the rate of bitcoin is almost doubled from 10,000 to 19000$ within 2 months. In satoshi value, the fee is still the same.

Definitely it will change because as a gambler who does not really hold, we will feel the value of bitcoin and we will feel the high fee when bitcoin is rising. Maybe we have to get ourselves used to it, withdrawal fee should not be a big problem because we already know in the first place how volatile bitcoin is.

The point of this thread is, some gambling sites does not adjust their fee based on the approximate value of transaction fee per blockchain.

For some it could be an issue, while for some it's okay, as in okay that they'll not mind it anyway.

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December 06, 2020, 07:20:33 AM
 #253


Demand of online casino has nothing to do with casino withdrawal fees and if you do look in all of them then this do always depend of vary with the network condition
and has nothing to do with it.


In most casino, the fee is fixed in terms of satoshis and therefore if you calculate it with the usd, you will think the fee is increased because the rate of bitcoin is almost doubled from 10,000 to 19000$ within 2 months. In satoshi value, the fee is still the same.

Definitely it will change because as a gambler who does not really hold, we will feel the value of bitcoin and we will feel the high fee when bitcoin is rising. Maybe we have to get ourselves used to it, withdrawal fee should not be a big problem because we already know in the first place how volatile bitcoin is.
Even a regular gambler will Feel that High fees because they tend to Buy more often than selling,Lucky those who had Funds inside gambling sites because they have both,Holding and gambling funds though it is not advisable for us to maintain Big amount in gambling site as there are issues .
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The point of this thread is, some gambling sites does not adjust their fee based on the approximate value of transaction fee per blockchain.
That is the main point it is normal that the fee will increase once there are Big pumps that happen but at least Gambling operator will act on this as sooner as they found the increase,but instead they tend to pretend nothing is happening because this will favor their site.
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For some it could be an issue, while for some it's okay, as in okay that they'll not mind it anyway.
Small time gamblers will really affected on this but High rollers don't care because for them 1 bitcoin is 1 bitcoin in betting.
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December 07, 2020, 02:20:31 AM
 #254


Small time gamblers will really affected on this but High rollers don't care because for them 1 bitcoin is 1 bitcoin in betting.

No, I believe they still based it on the current price of bitcoin, 1 bitcoin is 1 bitcoin but due to volatility, value changes, and these are gamblers, they use the platform for gambling, they are not trading. Maybe the fee would not affect them since paying 10 usd equivalent of bitcoin is a small for high rollers who gamblers over $1000 worth of bitcoin.

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December 07, 2020, 08:21:51 AM
 #255

If they do not raise their withdrawal fee together with the price increase of Bitcoin then they will not last in the business world. It is fair in my opinion, they do need to support their staffs after all and maintaining a website is no joke. It won't be a problem if you are a patron and a high roller, you will not feel the increase.

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December 07, 2020, 08:30:02 PM
Merited by Dewi Aries (1)
 #256

If they do not raise their withdrawal fee together with the price increase of Bitcoin then they will not last in the business world. It is fair in my opinion, they do need to support their staffs after all and maintaining a website is no joke. It won't be a problem if you are a patron and a high roller, you will not feel the increase.
The income of a casino does not depend on the withdrawal fees. It is simply so that the network executes them with priority, that has nothing to do with operating expenses or what you mention. If I understand you well because it is a bit confusing but I get your idea, I think.

The point is to pay the right fee, it is not about whether you are a big stack or whatever as a player according to the size of your bankroll, the reality is to have knowledge about the subject of fees.

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December 08, 2020, 06:19:43 PM
 #257

If they do not raise their withdrawal fee together with the price increase of Bitcoin then they will not last in the business world. It is fair in my opinion, they do need to support their staffs after all and maintaining a website is no joke. It won't be a problem if you are a patron and a high roller, you will not feel the increase.
The income of a casino does not depend on the withdrawal fees. It is simply so that the network executes them with priority, that has nothing to do with operating expenses or what you mention. If I understand you well because it is a bit confusing but I get your idea, I think.

The point is to pay the right fee, it is not about whether you are a big stack or whatever as a player according to the size of your bankroll, the reality is to have knowledge about the subject of fees.

Casinos arent really taking something when it comes to fees.It is a dynamic one which do automatically adjust basing up on network condition which means they arent
getting some commission or part of it for you to say that they would become bankrupt unless if they do offer free withdrawal fee then that will surely
count as an expense.

There are casinos that do give out that option neither that withdrawal of yours will be on high priority or low ones basing off on someones needs.
Fees would give out some hesitation anytime the entire network is clogged and as others mentioned that altcoin will really be
playing its role.

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December 08, 2020, 10:16:58 PM
 #258

If they do not raise their withdrawal fee together with the price increase of Bitcoin then they will not last in the business world. It is fair in my opinion, they do need to support their staffs after all and maintaining a website is no joke. It won't be a problem if you are a patron and a high roller, you will not feel the increase.
This is very wrong, even with the current state of the network where transaction fee could be high at times, there are still some sites that offers free withdrawal and yet they are still operating profitably. Some of the sites I know are sportsbet.io and Adkinsbet.com, a new one here in the forum.

this is from their terms and condition:
Quote
When processing withdrawals, a user do not have to pay any withdrawal fee. All fees for the network are covered by Adkinsbet.

i assume there are no minimum or maximum withdrawal, no matter how much you withdraw i think they will cover it. that's really a good feature about them in my opinion.

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December 08, 2020, 11:00:05 PM
 #259


Small time gamblers will really affected on this but High rollers don't care because for them 1 bitcoin is 1 bitcoin in betting.

No, I believe they still based it on the current price of bitcoin, 1 bitcoin is 1 bitcoin but due to volatility, value changes, and these are gamblers, they use the platform for gambling, they are not trading. Maybe the fee would not affect them since paying 10 usd equivalent of bitcoin is a small for high rollers who gamblers over $1000 worth of bitcoin.

The thread has posted a month of August and we all know that there have some countries like Japan, And France being considerate to the gambling world today. We are now at the years bitcoin ATH and yes maybe a possibility of casino withdrawal fees may increase but knowing that there are some countries which are being considerate to the gambling fees were amazing. Though even casino gambling fees may rise hopefully that it wouldn't cost that much so that gamblers can enjoy a holiday gambling.
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December 09, 2020, 06:48:46 AM
 #260


Demand of online casino has nothing to do with casino withdrawal fees and if you do look in all of them then this do always depend of vary with the network condition
and has nothing to do with it.


In most casino, the fee is fixed in terms of satoshis and therefore if you calculate it with the usd, you will think the fee is increased because the rate of bitcoin is almost doubled from 10,000 to 19000$ within 2 months. In satoshi value, the fee is still the same.

It isn't the price of fees that is increasing but rather the price of Bitcoin which is actually normal. I think the best strategy is just to use altcoins instead of Bitcoin since the price of Bitcoin right now is still high. They're not increasing the rate but it's the value of Bitcoin that is getting highs so we shouldn't blame the gambling sites instead.
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December 10, 2020, 03:31:48 PM
 #261

It isn't the price of fees that is increasing but rather the price of Bitcoin which is actually normal. I think the best strategy is just to use altcoins instead of Bitcoin since the price of Bitcoin right now is still high. They're not increasing the rate but it's the value of Bitcoin that is getting highs so we shouldn't blame the gambling sites instead.

There are actually two things happening in conjunction with each-other which infulences the price of withdrawing (cashing out) from any casino:

  • The price of bitcoin is rising
  • unconfirmed transactions have from time to time recently pushed the TX price sky high.

The problem with the latter is users who do not engage coin control, or, worse still, are unable to utilise coin-control due to their choice of wallet program.

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December 10, 2020, 07:35:13 PM
 #262


Demand of online casino has nothing to do with casino withdrawal fees and if you do look in all of them then this do always depend of vary with the network condition
and has nothing to do with it.


In most casino, the fee is fixed in terms of satoshis and therefore if you calculate it with the usd, you will think the fee is increased because the rate of bitcoin is almost doubled from 10,000 to 19000$ within 2 months. In satoshi value, the fee is still the same.

It isn't the price of fees that is increasing but rather the price of Bitcoin which is actually normal. I think the best strategy is just to use altcoins instead of Bitcoin since the price of Bitcoin right now is still high. They're not increasing the rate but it's the value of Bitcoin that is getting highs so we shouldn't blame the gambling sites instead.

You would really be ending up with big fees if those casinos would just simply stick out with fix satoshi withdrawal fee value.So far in most online casinos that ive been playing, they do have that adjusting
fee's depending on network condition which is a must rather than on online casinos do only stick out on a certain number knowing that this market is too volatile and  which do mainly affect
the market movement and so as with fees of course.

We do have lots of options to take when we do find out that Bitcoin fees is too high.We can make use of DOGE and TRX instead if it is available on the site you were playing
then that would be a good option if you cant take to pay up high fees with BTC.

Majority of online gambling sites now do have that multiple coin for you to make out conversions thats why it isnt already a problem anytime theres a sudden increase in
network fees.

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December 10, 2020, 07:48:09 PM
 #263

Not every casino will charge a high fee. Depending on the amount and also depending on the payment method. There is still a lot of difference.
A small fee is manageable, but if the amounts are high it can become expensive. At the end it is the call from the casino.
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December 10, 2020, 08:59:43 PM
 #264

Not every casino will charge a high fee. Depending on the amount and also depending on the payment method. There is still a lot of difference.
A small fee is manageable, but if the amounts are high it can become expensive. At the end it is the call from the casino.
It would become expensive when the entire network is clogged which is a common scenario everytime the market is really that on high traffic where fees
do skyrocket and most casino now do have that dynamic kind of withdrawal fees basing on network condition and if it sees that its on the calm
side then fees are low but in the opposite then expect that numbers will be changing.
Just like on what most people been talking about alternatives then people will really be using up altcoin temporarily because it
wont really be giving out some good feeling on paying up ridiculous high fees.

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December 10, 2020, 09:02:55 PM
 #265

I dont pay Withdrawal fees when I gamble with Bitcasino and Sportsbet.
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December 10, 2020, 11:38:23 PM
 #266

I dont pay Withdrawal fees when I gamble with Bitcasino and Sportsbet.
Of course because they don't charge a single cent, I've been gambling with sportsbet so I can attest that your statement is correct, however I can't on bitcasino as they don't offer a sports market, and we know these business are own by one owner so they have a similar feature in terms of deposits and withdrawals.

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December 10, 2020, 11:52:17 PM
 #267

I dont pay Withdrawal fees when I gamble with Bitcasino and Sportsbet.
This is something comparable to other gambling site in which Bitcasino and Sportsbet can offer a withdrawal with No fee while others has different variation and also others are taking advantage whenever the Price of Bitcoin increases high.
But of course as gamblers you have no choice but to comply or else don't play on their site.
but good thing is some sites are even there is a  fee the Bettors are contented because they offer a deluxe service in which all the queries being addressed ASAP things that every gambler desire to have in their respective favorite casinos.
Not every casino will charge a high fee. Depending on the amount and also depending on the payment method. There is still a lot of difference.
A small fee is manageable, but if the amounts are high it can become expensive. At the end it is the call from the casino.
Actually you will not notice that until the funds landed in your wallet,it was indicated in the transaction about the amount but this will not happen when transaction completed.

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December 10, 2020, 11:55:46 PM
 #268

It isn't the price of fees that is increasing but rather the price of Bitcoin which is actually normal. I think the best strategy is just to use altcoins instead of Bitcoin since the price of Bitcoin right now is still high. They're not increasing the rate but it's the value of Bitcoin that is getting highs so we shouldn't blame the gambling sites instead.
This is what I did when cashing out from online casinos is to choose other options to withdraw to lesser the fees. Once bitcoin price is increasing the fees does otherwise we endure this high fee. As others been said it also depends on the amount you will cash out and others opt not to play during this price increase of btc.
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December 11, 2020, 12:17:37 AM
 #269

We can make use of DOGE and TRX instead if it is available on the site you were playing then that would be a good option if you cant take to pay up high fees with BTC.

The trouble with a Casino offering multiple crypto alts that can be exchanged for other crypto is that the Casino could end up being a dumping ground for lesser value alts then the Casino will have to find an exchange to clear out the alts to balance their books back to fiat/btc etc.

(not to mention some users may not even gamble while preferencing favorable crypto exchange rates on offer by the Casino)

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December 11, 2020, 02:47:47 AM
 #270

It isn't the price of fees that is increasing but rather the price of Bitcoin which is actually normal. I think the best strategy is just to use altcoins instead of Bitcoin since the price of Bitcoin right now is still high. They're not increasing the rate but it's the value of Bitcoin that is getting highs so we shouldn't blame the gambling sites instead.
This is what I did when cashing out from online casinos is to choose other options to withdraw to lesser the fees. Once bitcoin price is increasing the fees does otherwise we endure this high fee. As others been said it also depends on the amount you will cash out and others opt not to play during this price increase of btc.

But if the fees are fixed, we still pay high fees for withdrawing. If that so, there is nothing we can do except converting from bitcoin to altcoin. We are lucky if the site has an exchange inside the website to convert it directly and withdraw the altcoin into another wallet. If we can win a lot of money, we don't have to withdraw all of the win money, but we can do it more than one time, so we can reduce the fees if the fees are not fixed. I am sure many of us will know what they will do if the bitcoin fees increase, and they will use what they think fits them.
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December 11, 2020, 03:04:56 AM
 #271

As soon as the Bitcoin goes and the fees remain the same, automatically you will pay extra $ in order to withdraw from the websites but this is only on certain sites. I would advice to switch to another currency because the fees depends from a cryptocurrency to another so find one who accepts TRON or DOGE.

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.

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December 11, 2020, 05:23:45 AM
 #272

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.
If that time comes, I do think that there will be possibilities  for adjustments on fees and on how much will be the betting amount for each platform, I simply doubt that Casinos would let this be in this way, besides they can just set it out on sats if BTC reached that kind of value.
Also some other platforms only have BTC as their focus of game currency.
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December 11, 2020, 05:41:38 AM
 #273

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.
If that time comes, I do think that there will be possibilities  for adjustments on fees and on how much will be the betting amount for each platform, I simply doubt that Casinos would let this be in this way, besides they can just set it out on sats if BTC reached that kind of value.
Also some other platforms only have BTC as their focus of game currency.
That's up to a gambler if he is still willing to pay for the high fee, small bettors who can't afford to pay the high fees will certainly shift to altcoins as a payment method, but I still believe that bitcoin as a currency is the most demand in gambling as big bettors does not bother to pay 10 usd as a transaction fee as long as they can gamble.

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December 11, 2020, 04:50:13 PM
 #274

...
That's up to a gambler if he is still willing to pay for the high fee, small bettors who can't afford to pay the high fees will certainly shift to altcoins as a payment method, but I still believe that bitcoin as a currency is the most demand in gambling as big bettors does not bother to pay 10 usd as a transaction fee as long as they can gamble.
but speaking of fees, its only for withdrawal and deposits right? Bets doesn't  have this I think? (Correct  me if I'm wrong)...
So if itslike that then betting with BTC are still fine, they'll just have to wait  for the time to get their winnings.
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December 11, 2020, 05:01:08 PM
 #275

...
That's up to a gambler if he is still willing to pay for the high fee, small bettors who can't afford to pay the high fees will certainly shift to altcoins as a payment method, but I still believe that bitcoin as a currency is the most demand in gambling as big bettors does not bother to pay 10 usd as a transaction fee as long as they can gamble.
but speaking of fees, its only for withdrawal and deposits right? Bets doesn't  have this I think? (Correct  me if I'm wrong)...
So if itslike that then betting with BTC are still fine, they'll just have to wait  for the time to get their winnings.

But not all people can have that patience to wait for the best time to get the winnings as it may take several days.
There can be some reasons why they want to get their money asap especially if they need it badly.
The only way to avoid high withdrawal fee is by choosing casino with fixed withdrawal fee or casinos with free withdrawal fee or simply by playing with altcoins with low transaction fee.

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December 11, 2020, 05:43:30 PM
 #276

...
That's up to a gambler if he is still willing to pay for the high fee, small bettors who can't afford to pay the high fees will certainly shift to altcoins as a payment method, but I still believe that bitcoin as a currency is the most demand in gambling as big bettors does not bother to pay 10 usd as a transaction fee as long as they can gamble.
but speaking of fees, its only for withdrawal and deposits right? Bets doesn't  have this I think? (Correct  me if I'm wrong)...
So if itslike that then betting with BTC are still fine, they'll just have to wait  for the time to get their winnings.

But not all people can have that patience to wait for the best time to get the winnings as it may take several days.
There can be some reasons why they want to get their money asap especially if they need it badly.
The only way to avoid high withdrawal fee is by choosing casino with fixed withdrawal fee or casinos with free withdrawal fee or simply by playing with altcoins with low transaction fee.

Majority wont really be having that kind of long patience when it comes to their withdrawal times on which they would really be rushing up because
neither they would be using up that fund again on playing into other sites or badly needed to be converted into cash.

I don't see on reason on choosing on having a fixed withdrawal fee yet we know that mempool wont really be busy from time to time which means
you would be paying more if the network is just requiring less. Not all would really be offering free fee and its unusual to see or only
a few do have it.

R


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December 11, 2020, 06:56:14 PM
 #277

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.
If you look at the $ value of the fee by that time, I agree that fees would be that much if we convert it during that time.

But if you see like 0.00001 - 0.0001 or 10 sats/byte today, it's not that expensive at all. There can be some conditions and changes that shall be applied at that time by most casinos like lowering it or having a based fee just as the same today.




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December 11, 2020, 10:14:25 PM
 #278

But not all people can have that patience to wait for the best time to get the winnings as it may take several days.
There can be some reasons why they want to get their money asap especially if they need it badly.
The only way to avoid high withdrawal fee is by choosing casino with fixed withdrawal fee or casinos with free withdrawal fee or simply by playing with altcoins with low transaction fee.

Majority wont really be having that kind of long patience when it comes to their withdrawal times on which they would really be rushing up because
neither they would be using up that fund again on playing into other sites or badly needed to be converted into cash.
... its unusual to see or only
a few do have it.
Talking about waiting, I also do have a feeling that you're  quite right about that, just like me whenever I get a large amount I always make a withdrawal,... so basically it is only normal for us to do it but I think waiting or paying up this fees would be worth it IMO.
And yeah, only few has it, based on my experience  FJ and exbet is one of them.
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December 11, 2020, 10:38:14 PM
 #279

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.
If you look at the $ value of the fee by that time, I agree that fees would be that much if we convert it during that time.

But if you see like 0.00001 - 0.0001 or 10 sats/byte today, it's not that expensive at all. There can be some conditions and changes that shall be applied at that time by most casinos like lowering it or having a based fee just as the same today.



It's not expensive but it will make you wait for awhile before your money will be credited, some of us wants instant especially on withdrawing our winning as we like to enjoy that right away. Personally, when I want my transaction to confirm fast, I increase the transaction fee, like 0.0001 fee or higher, that's equivalent to more than $1 and sometimes higher when the market is congested.

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December 12, 2020, 03:32:36 AM
 #280

It's not expensive but it will make you wait for awhile before your money will be credited, some of us wants instant especially on withdrawing our winning as we like to enjoy that right away. Personally, when I want my transaction to confirm fast, I increase the transaction fee, like 0.0001 fee or higher, that's equivalent to more than $1 and sometimes higher when the market is congested.

We control the fee of the transaction. If we don't want to pay a high fee, we don't have to deposit and wait until the fee can reduce a lot. That is what I do if I see the fee does not make sense for me. But as you did, I will increase the transaction fee if I want to have a fast confirmation of the transaction.

If the casino raised its withdrawal fee because they don't want to see their member withdrawals get a long time to get confirmed by the network, and I think they try to anticipate that thing. When the network is not busy, the casino will reduce the fee to a regular fee.
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December 12, 2020, 03:48:32 AM
 #281

If a Casino offers the user the option of being able to set their own TX fees (admittedly, I haven't looked, so it may not be a thing) then a user can view one of the many TX fee estimator sites and get an idea what a reasonable TX fee for the time frame they want/need the funds in.

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December 12, 2020, 04:32:19 AM
 #282

High withdrawal fees is one of the most annoying things about dealing with gambling sites. The mempool hasn't been to congested recently so fees have been somewhat reasonable lately but they are still overcharging by a lot. Optimizing their fees does not seem to be a priority. Freebitco.in's "slow" option is the best I have seen aside from a few which offer free withdrawals.

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December 12, 2020, 06:20:16 AM
 #283

In a situation where the membool is heavily overloaded casino intentionally raises the commission on the withdrawal of funds that your transaction was quickly confirmed and just do not have time to change them when the membool is unloaded and the commission in the network are acceptable. I just wait for the commissions to go down and make a withdrawal.

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December 12, 2020, 07:50:11 AM
 #284



Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.
I don't think gambling site will go that far,because casinos online wont survive with only rich people playing.
they need additive  from small players,so adjustment will surely happen if ever price of Bitcoin reach that top and also gamblers may use altcoins for much cheaper playing,or else will back to Fiat as that is the only amount they can afford









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December 12, 2020, 08:43:21 AM
 #285

I don't think gambling site will go that far,because casinos online wont survive with only rich people playing.
they need additive  from small players,so adjustment will surely happen if ever price of Bitcoin reach that top and also gamblers may use altcoins for much cheaper playing,or else will back to Fiat as that is the only amount they can afford
Imo casinos can still survive with high rollers if the price becomes stable at $100k. They could retain the limits but if they want to appeal to the majority then they have to reduce the limit. A lot of bitcoin gamblers use bitcoin to avoid KYC so I doubt they'll switch to fiat and like you've said altcoins are cheap it's a good option and most of the popular bitcoin casinos accept altcoins.

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December 12, 2020, 11:30:34 AM
 #286

I don't think gambling site will go that far,because casinos online wont survive with only rich people playing.
they need additive  from small players,so adjustment will surely happen if ever price of Bitcoin reach that top and also gamblers may use altcoins for much cheaper playing,or else will back to Fiat as that is the only amount they can afford
Imo casinos can still survive with high rollers if the price becomes stable at $100k. They could retain the limits but if they want to appeal to the majority then they have to reduce the limit. A lot of bitcoin gamblers use bitcoin to avoid KYC so I doubt they'll switch to fiat and like you've said altcoins are cheap it's a good option and most of the popular bitcoin casinos accept altcoins.
Of course, the fee would not be high for gamblers who are gambling a decent amount, at least they can still continue to enjoy the anonymous gambling where they cannot do in a fiat casino, so it's not really a problem, besides it's not only bitcoin that is accepted now, we still have altcoins and even stable coins and gamblers can still enjoy gambling anonymously.

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December 12, 2020, 11:35:06 AM
 #287

I don't think gambling site will go that far,because casinos online wont survive with only rich people playing.
they need additive  from small players,so adjustment will surely happen if ever price of Bitcoin reach that top and also gamblers may use altcoins for much cheaper playing,or else will back to Fiat as that is the only amount they can afford
Imo casinos can still survive with high rollers if the price becomes stable at $100k. They could retain the limits but if they want to appeal to the majority then they have to reduce the limit. A lot of bitcoin gamblers use bitcoin to avoid KYC so I doubt they'll switch to fiat and like you've said altcoins are cheap it's a good option and most of the popular bitcoin casinos accept altcoins.

If the network is not scaled up and bitcoin reaches $100k the casinos will definitely be forced to move away from bitcoin and towards low-cost cryptocurrencies. I don't think casinos will spend about $30-50 on commissions. Or gamblers will wait longer for withdrawals.

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December 12, 2020, 11:40:07 AM
 #288

I don't think gambling site will go that far,because casinos online wont survive with only rich people playing.
they need additive  from small players,so adjustment will surely happen if ever price of Bitcoin reach that top and also gamblers may use altcoins for much cheaper playing,or else will back to Fiat as that is the only amount they can afford
Imo casinos can still survive with high rollers if the price becomes stable at $100k. They could retain the limits but if they want to appeal to the majority then they have to reduce the limit. A lot of bitcoin gamblers use bitcoin to avoid KYC so I doubt they'll switch to fiat and like you've said altcoins are cheap it's a good option and most of the popular bitcoin casinos accept altcoins.

If the network is not scaled up and bitcoin reaches $100k the casinos will definitely be forced to move away from bitcoin and towards low-cost cryptocurrencies. I don't think casinos will spend about $30-50 on commissions. Or gamblers will wait longer for withdrawals.

They will not move but they will certainly give another option which is the altcoins, it's bitcoin that made crypto casinos popular and it wills stay that way.
$30 to $50 is not really big if you are a high rollers who are gambling for $10,000 or more, and if you are not making frequent deposits and withdrawals.

R


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December 12, 2020, 11:55:49 AM
 #289


Imo casinos can still survive with high rollers if the price becomes stable at $100k. They could retain the limits but if they want to appeal to the majority then they have to reduce the limit. A lot of bitcoin gamblers use bitcoin to avoid KYC so I doubt they'll switch to fiat and like you've said altcoins are cheap it's a good option and most of the popular bitcoin casinos accept altcoins.
We can see the gambling site that even there are VIP's and High Rollers still the contribution of Small players are there,because they are the one who fill the time of absence of those High rollers.
Not in all time those whale players are online and playing but the small gamblers are always there playing in different time schedule and Budget .so Basically the casino may survive but not as profitable as they are with the lower players.
So i'm confident that Casino owners will always consider them and will do the best to make them stay and don't go around local gambling places in their community .
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December 12, 2020, 12:32:22 PM
 #290

Although different gambling sites have different withdrawal fee's but can anyone tell me which gambling site take the most amount for the withdrawal from their site. I think the old gambling site will not charge us the most when it comes to withdrawals fee.
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December 12, 2020, 01:01:48 PM
 #291

If a Casino offers the user the option of being able to set their own TX fees (admittedly, I haven't looked, so it may not be a thing) then a user can view one of the many TX fee estimator sites and get an idea what a reasonable TX fee for the time frame they want/need the funds in.
This is good idea, but other will just set it to lowest even the transaction will be that long to transfer it into your main wallet, most casino are becoming more expensive fee's one of the main reason is they needed it to support their monthly financial to keep their business running and also for protection for ddos attacks and other attacks, TX fee estimator is reasonable to apply in gambling sites but is this really good enough for them since bitcoin volume is increasing too.
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December 12, 2020, 01:19:42 PM
 #292

Although different gambling sites have different withdrawal fee's but can anyone tell me which gambling site take the most amount for the withdrawal from their site. I think the old gambling site will not charge us the most when it comes to withdrawals fee.

You can try sportsbet, I believe they still don't charge a withdrawal fee for every transaction, I haven't gambled in the site for like 4 months or more, but during that time, they don't charge a fee for every withdrawal, that's why I like to gamble in the site, but since the fee had increased now, I'm not sure if they still continue with their good feature.

R


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December 12, 2020, 02:01:24 PM
 #293

Although different gambling sites have different withdrawal fee's but can anyone tell me which gambling site take the most amount for the withdrawal from their site. I think the old gambling site will not charge us the most when it comes to withdrawals fee.

As far as I know, there is no website which offers an overview of fees of gambling sites. The best way to figure out is to search for particular casino reviews on sites like bitcoinplay.net (I am not associated with this site) and look for the fees. They are currently listing 72 sites from where you can get a good overview. The impression given in this thread is deceptive. In my experience, there aren't many honest casinos that charge fees for withdrawals.
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December 12, 2020, 02:36:40 PM
 #294

As soon as the Bitcoin goes and the fees remain the same, automatically you will pay extra $ in order to withdraw from the websites but this is only on certain sites. I would advice to switch to another currency because the fees depends from a cryptocurrency to another so find one who accepts TRON or DOGE.

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.

I have several gamblers I know and I often read gambling discussions, so I am surprised by your assumptions. I thought that most of the gamblers have been operating according to this scheme for a long time: input/output in currencies like ETH, EOS, etc. and the game is in bitcoin.

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December 12, 2020, 07:55:46 PM
 #295

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.
If you look at the $ value of the fee by that time, I agree that fees would be that much if we convert it during that time.

But if you see like 0.00001 - 0.0001 or 10 sats/byte today, it's not that expensive at all. There can be some conditions and changes that shall be applied at that time by most casinos like lowering it or having a based fee just as the same today.



It's not expensive but it will make you wait for awhile before your money will be credited, some of us wants instant especially on withdrawing our winning as we like to enjoy that right away. Personally, when I want my transaction to confirm fast, I increase the transaction fee, like 0.0001 fee or higher, that's equivalent to more than $1 and sometimes higher when the market is congested.
I want to receive it as soon as possible and just withdraw it.

But if there are gamblers out there and too conscious about the fees and they think that those differences at that much for them, they can wait until it's processed.

It's still different to have it with almost instant but with higher fee.



.
.BIG WINNER!.
[15.00000000 BTC]


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December 12, 2020, 08:25:47 PM
 #296

Imagine the fees when Bitcoin will touch 100k$ because in that moment, only rich people will gamble with Bitcoin and it no longer be played by casual players like me or you.
If you look at the $ value of the fee by that time, I agree that fees would be that much if we convert it during that time.

But if you see like 0.00001 - 0.0001 or 10 sats/byte today, it's not that expensive at all. There can be some conditions and changes that shall be applied at that time by most casinos like lowering it or having a based fee just as the same today.



It's not expensive but it will make you wait for awhile before your money will be credited, some of us wants instant especially on withdrawing our winning as we like to enjoy that right away. Personally, when I want my transaction to confirm fast, I increase the transaction fee, like 0.0001 fee or higher, that's equivalent to more than $1 and sometimes higher when the market is congested.
I want to receive it as soon as possible and just withdraw it.

But if there are gamblers out there and too conscious about the fees and they think that those differences at that much for them, they can wait until it's processed.

It's still different to have it with almost instant but with higher fee.

Most of us would really be having that kind of behavior on where we do much prefer on having almost instant withdrawal but since the network isnt really
always not on the calm side then expect that there would really be some changes in fees specially when its clogged.

Majority of gamblers are really keen when it comes to fees where everytime they do saw that theyre paying that too much then they do  rather decide
to held specially if there are no altcoin conversion options left.

So we should really be prepared in times like these because gambling sites do have mostly that dynamic fees.

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December 13, 2020, 12:27:41 AM
 #297

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.
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December 13, 2020, 01:00:46 AM
 #298

Most of us would really be having that kind of behavior on where we do much prefer on having almost instant withdrawal but since the network isnt really
always not on the calm side then expect that there would really be some changes in fees specially when its clogged.

Majority of gamblers are really keen when it comes to fees where everytime they do saw that theyre paying that too much then they do  rather decide
to held specially if there are no altcoin conversion options left.

So we should really be prepared in times like these because gambling sites do have mostly that dynamic fees.
Acceptance whenever that time comes is no brainer.

Whether we like it or not, if the price of bitcoin goes on high and we have no choice but to pay and choose whichever is recommended or what we prefer.

At least we get to accept it as early as now.



.
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[15.00000000 BTC]


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December 13, 2020, 01:37:58 AM
 #299

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.
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December 13, 2020, 07:52:13 AM
 #300

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Most of the gambling sites now are accepting altcoins, and since altcoins now have a good volume or liquidity, it will make gamblers to be confident using an altcoins. However, though the fee is less and faster, we still can't eliminate the reality that there are people who doesn't want to convert, they want to solely gamble using bitcoin and they will take the fees, regardless of the amount.

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December 14, 2020, 12:40:34 AM
 #301

~snip~

Most of the gambling sites now are accepting altcoins, and since altcoins now have a good volume or liquidity, it will make gamblers to be confident using an altcoins. However, though the fee is less and faster, we still can't eliminate the reality that there are people who doesn't want to convert, they want to solely gamble using bitcoin and they will take the fees, regardless of the amount.

That gives easiness to us and the other gamblers to use altcoin to withdraw. They get the benefits from altcoin in withdrawal while they can also get benefits if they use altcoin to gamble, and perhaps, the altcoin creation was to reduce the fees instead of using bitcoin.

People who have big money in bitcoin will not use altcoin because they can accept bitcoin fees, whether the fee increases or decreases. They feel confident using bitcoin, and they don't want to use altcoin. Those people don't need altcoin to gamble because they have a huge bitcoin that they can use for anything they want.
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December 14, 2020, 02:24:18 PM
 #302

~snip~

Most of the gambling sites now are accepting altcoins, and since altcoins now have a good volume or liquidity, it will make gamblers to be confident using an altcoins. However, though the fee is less and faster, we still can't eliminate the reality that there are people who doesn't want to convert, they want to solely gamble using bitcoin and they will take the fees, regardless of the amount.

That gives easiness to us and the other gamblers to use altcoin to withdraw. They get the benefits from altcoin in withdrawal while they can also get benefits if they use altcoin to gamble, and perhaps, the altcoin creation was to reduce the fees instead of using bitcoin.

People who have big money in bitcoin will not use altcoin because they can accept bitcoin fees, whether the fee increases or decreases. They feel confident using bitcoin, and they don't want to use altcoin. Those people don't need altcoin to gamble because they have a huge bitcoin that they can use for anything they want.

Indeed, bitcoin fee has gone many times but most gamblers still prefer to use bitcoin, with big holding of bitcoin, you don't worry on the fees, you worry on the volatility that might happen if you'll convert your bitcoin to an altcoins in order to save fees, they would not do that of course.

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December 15, 2020, 01:36:32 AM
 #303

~snip~

Indeed, bitcoin fee has gone many times but most gamblers still prefer to use bitcoin, with big holding of bitcoin, you don't worry on the fees, you worry on the volatility that might happen if you'll convert your bitcoin to an altcoins in order to save fees, they would not do that of course.

If they can spend some bitcoin playing gambling, they should not worry about the volatility. That gambler can convert it into an altcoin and use it to place a bet. With some bitcoin at a high price, they will get much amount of one altcoin to make them be able to play gambling longer because they can place a bet in a small amount. And if they win, they can convert it back to bitcoin or directly send it into an exchange or another wallet to hold for a while and sell it when the altcoin price increases.
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December 15, 2020, 11:47:14 AM
 #304

Although different gambling sites have different withdrawal fee's but can anyone tell me which gambling site take the most amount for the withdrawal from their site. I think the old gambling site will not charge us the most when it comes to withdrawals fee.

You can try sportsbet, I believe they still don't charge a withdrawal fee for every transaction, I haven't gambled in the site for like 4 months or more, but during that time, they don't charge a fee for every withdrawal, that's why I like to gamble in the site, but since the fee had increased now, I'm not sure if they still continue with their good feature.
Yups they still charge no fee until now,but this are only for the sportsbetting and not for other gambling activities in which the majority of players in gambling love to play.

and also the issue here is not the free but the amount being charge in each withdrawal in which not the one written in the actual fee.









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December 16, 2020, 09:40:49 AM
 #305

I think they can also need to sign up then when they have their own account in the gambling site, in there I think you may probably see how much is the fee in each withdrawal that you will be made, creating account is free for you OP to have any ideas in every fee that you want. There's a lot of new gambling site now, and I don't know any fees to new sites now.

Hi! @ice098
In all the casinos that you see in that table I have an account and also  in some I have deposited and in others I have withdrawn, in some of they I have reached VIp levels.
I think you should know how much is the withdrawal in Stake today, That could tell us if it is the same as the table or not. (!?)

___________

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

The subject of the Alts is overcome in this thread.

According to your comment in the quote, Which Casinos offer swap (convert) (?) I am mentioning just a few, but if you know others you should say so  there is the contribution Topic.  Smiley

________________

...//...:
People who have big money in bitcoin will not use altcoin because they can accept bitcoin fees, whether the fee increases or decreases. They feel confident using bitcoin, and they don't want to use altcoin. Those people don't need altcoin to gamble because they have a huge bitcoin that they can use for anything they want.

I assure you that if you enter a casino and win a big prize, the fee is the least of it. And that has nothing to do with whether you are a great "big stake" or "High Roller" which are better terms to refer to the subject in question.

The first thing here is education on the bitcoin feature and its fees, you must pay what is due, not what is imposed on you.

Although you may not believe it, the issue of casinos is their withdrawals is an "posture" to consider for any type of bankroll you have, unless you are a sporadic or recreational player, many high wagered players are moving their working capital (or fun) constantly and believe me the numbers and the control of everything that surrounds your money is part of your day and in a calendar year for example any high profile player can leave three figures high in fees and it does not matter if this does not affect their bankroll in a "x"percentage but they know it.

I ask you, do you have an estimate of how much you have spent in fee this year, no (!?) You should know it even if you use Alts, specific things deceive many, the long term is the key.


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December 16, 2020, 10:37:56 AM
 #306



Indeed, bitcoin fee has gone many times but most gamblers still prefer to use bitcoin, with big holding of bitcoin, you don't worry on the fees, you worry on the volatility that might happen if you'll convert your bitcoin to an altcoins in order to save fees, they would not do that of course.

When I'm playing my coin of choice is always Bitcoin, I am hitting two birds with one stone if ever I got lucky because I know that Bitcoin will always go up and it is destined to go up, of course, I am very careful when playing I always allocate money that I can afford to lose I deposit a different kind of coins when I feel that I am going to be lucky I use Bitcoin.


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December 16, 2020, 11:48:52 AM
 #307

When I'm playing my coin of choice is always Bitcoin, I am hitting two birds with one stone if ever I got lucky because I know that Bitcoin will always go up and it is destined to go up, of course, I am very careful when playing I always allocate money that I can afford to lose I deposit a different kind of coins when I feel that I am going to be lucky I use Bitcoin.

Would that be a good idea if you still use Bitcoin to cash out even if the withdrawal fee is so high? But that wouldn't be the case if the only option you have when you cash in is Bitcoin, most of the gambling sites do not offer to exchange your bitcoin for another crypto so there's really no way you can cash out or withdraw without accepting the Bitcoin's high withdrawal fee. That is why when we are going to gamble, we should first think carefully about which cryptocurrency to use especially in terms of transaction fees. As far as I know, LTC is one of the best cryptos for gambling because of its small withdrawal fee. Perhaps, if the Bitcoin network will be further improved, such as making the transaction speed and fees better, Bitcoin will remain perfect for all uses not just in gambling.
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December 16, 2020, 01:47:44 PM
 #308

Indeed this should be addressed by the community because this is kind of day light robbery, and mostly gambling platforms should have fair amount of increase. 300% is kind of insane, i wonder why not so many users are complaining about this issue. A 3-5% should be enough for them.
This problem needs to be addressed but I believe it will be a decent discussion if the problem is discussed with the support or representative of the casino that increased their withdrawal fee by 300% than discussing it here cause it may generate no effort to the problem.
With that been said, if the casino allow the switch of withdraw crypto like DuelBits it will be good to withdraw with crypto like ETH but the BTC tx fee was low the last time i searched yesterday.

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December 16, 2020, 02:16:43 PM
 #309



The first thing here is education on the bitcoin feature and its fees, you must pay what is due, not what is imposed on you.



Seems like this Little words explains it all,Maybe majority of the comments came from small rollers or spends little in gambling like me that's why Fee amount is very Big deal,But taking from your word this must be understand that If we are a real gambler we must take the amount Due to us and not is what imposed in the site.

Thanks for this enlightenment it answers all to me now,and will make sure that the next time i gamble in knew what i need to expect.

Indeed this should be addressed by the community because this is kind of day light robbery, and mostly gambling platforms should have fair amount of increase. 300% is kind of insane, i wonder why not so many users are complaining about this issue. A 3-5% should be enough for them.
Hope you checked first the Post i have just quoted ,because the word came from a real gambler that understand everything and explains welll all the thing.

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December 16, 2020, 03:53:20 PM
 #310

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

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December 16, 2020, 04:08:22 PM
 #311

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

I agree that this with be one of the ideal ways to counter escalating withdrawal fees with Bitcoin. I would love to hear more from this topic. Although regardless of the circumstances, there will always be fees that is due for each gambler.
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December 16, 2020, 09:33:55 PM
 #312

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.
When it comes to times like these then we wont really have any options left but to switch up on alts yet fee's would really be helpful or would
really be saving you on spending too much on fees.

Currently the network having that 100 sats/byte at this moment.It might not really be that high but it is already on $3 fee which not all
wont really be willing on paying it out.

Switching into other alts will really save you into this problem.

R


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December 16, 2020, 10:32:19 PM
 #313

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.
When it comes to times like these then we wont really have any options left but to switch up on alts yet fee's would really be helpful or would
really be saving you on spending too much on fees.

Currently the network having that 100 sats/byte at this moment.It might not really be that high but it is already on $3 fee which not all
wont really be willing on paying it out.

Switching into other alts will really save you into this problem.

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

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December 16, 2020, 11:09:58 PM
 #314



It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

Now that Bitcoin is having an all-time high I prefer using DogeCoin and Tron, Bitcoin is still going to go up this year reaching one all-time high to another I prefer saving my Bitcoin for more profit, I'm also active in faucets now, every satoshi counts now, people are now going to speculate how high Bitcoin will reach this year and the gambling industry will be very active more than ever.

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December 16, 2020, 11:27:09 PM
 #315



It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

Now that Bitcoin is having an all-time high I prefer using DogeCoin and Tron, Bitcoin is still going to go up this year reaching one all-time high to another I prefer saving my Bitcoin for more profit, I'm also active in faucets now, every satoshi counts now, people are now going to speculate how high Bitcoin will reach this year and the gambling industry will be very active more than ever.

Some gamblers wouldnt really mind if they do make use of their Bitcoins towards their gambling activity yet they can always make some adjustments basing off with fiat value which means that they wont really be caring
much as long with fees too specially for those high rollers as long they can get their withdrawals they wont mind paying big fees but few bucks wont really hurt if you do withdraw out hundred bucks.

Bitcoin is indeed on the rise and im really making some switch to XRP and DOGE where transfers were fast and cheap.Best time to do when bitcoin is mooning.

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December 17, 2020, 02:00:15 AM
 #316

~snip~
I ask you, do you have an estimate of how much you have spent in fee this year, no (!?) You should know it even if you use Alts, specific things deceive many, the long term is the key.

I guess the fee is not much than $100. I never think about how much the fee is should pay, even in Altcoin, because the fee will be less than if I paid in bitcoin.

~snip~

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

You are right. The casino will adjust the fee with the market situations, and as you said, the fee will also increase following the bitcoin price. So that can make the use of the altcoin for withdrawal will be increase. And that can attract the altcoin price will also increase because of the demand for using altcoin increase.
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December 17, 2020, 02:10:56 AM
 #317

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

The bitcoin mempool currently has 73,000+ transactions waiting to occur with a total of close to 170Mb in those transactions.  IIRC I saw the suggested fee to transact is now around 100 sats/byte

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January 07, 2021, 07:03:20 AM
Last edit: November 15, 2023, 01:43:00 AM by famososMuertos
 #318

We are in ATH time and they happen so often that it is already something normal these days Wink however it is always interesting to see how some casinos behave in relation to the price of bitcoin and its fees.

I have decided to separate the data into three large groups, those that do not change their fees, those that have a change either low or high in their value and those that offer different types of fees according to the priorities of each user at the time to withdraw.

- Casinos that have not changed their fee at least since September 2020:


-Casinos that have changed their fee and that offer a single alternative.


The fees shown in green have had a decrease in relation to previous fees

- Finally we have the group of casinos that offer at least two alternatives.


There is no hierarchical order for any of the tables shown.
If you do not see the casino of your choice, it is not that I do not like it, it is that I have simply selected a part of the large number of casinos that exist.



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January 07, 2021, 09:48:29 AM
 #319

Even Deposit really increased , Maybe that's about the Blockchain miner but still affecting our gambling activities .
I tried to deposit 50$and the transaction fee arise to 21$ ? look how huge that was ?

But good thing that until now i have not winning so I don't need to experience the High Withdrawal fee  Grin Grin

But i guess it's practical just to let our coins for a while in gambling site when this fee increasing happens ?
so sooner when the fee adjusted we can withdraw at lower value.









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January 07, 2021, 11:00:02 AM
 #320

The trouble with some of these bare-bones Bitcoin wallets is they don't have any kind of coin controll and so seem to just pluck prices out of thin air which the ordinary punter is oblivious to. It's a self fullfilling prophecy in that miners only take the high end TX fees for their blocks while Bitcoin wallets oblige with ever higher paid fees in response.

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January 07, 2021, 11:12:20 AM
 #321

For me this is the time where i couldn't afford to lose even a single bitcoin for the sake of gambling. I would prefer to save it and hodl my bitcoin as much as the bitcoin market didn't yet settle and as i am expecting it will continue to go up its value to a higher than how much its value today. And it is a right decision i guess that we would use altcoins for transactions for the mean time till the market was in bullish state.

I prefer to stop gamble for a while and hold my bitcoin as you. I feel that the bitcoin price can be up to any higher price. But I miss my time to gamble, and maybe I will gamble again in the other days when I want to gamble. I think the fee will be up and down too following the bitcoin price, and we have many choices to withdraw, and not just use bitcoin to withdraw the money. The altcoins can be a good alternative to gamble and make a transaction for withdrawing.

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January 07, 2021, 12:48:29 PM
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 #322

Even Deposit really increased , Maybe that's about the Blockchain miner but still affecting our gambling activities .
I tried to deposit 50$and the transaction fee arise to 21$ ? look how huge that was ?

But good thing that until now i have not winning so I don't need to experience the High Withdrawal fee  Grin Grin

But i guess it's practical just to let our coins for a while in gambling site when this fee increasing happens ?
so sooner when the fee adjusted we can withdraw at lower value.

Time to use your own Bitcoin wallet my friend,,, there is no way at the current network line that you can pay even $2 for a next block confirmation (and that is counting the high price of BTC now).

Either you are not setting your own fees OR you have a lot of utxo which is why you should regularly consolidate.

PErsonally, I do not withdraw my BTC until the fee makes sense (for me this means fee should never be higher than 0.5% of the withdrawal amount!).

OR. I gamble for my fee:p

.
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January 07, 2021, 03:29:26 PM
 #323

...//..:
If you look at the tables there is an Exchange column, which can be an alternative for those who need their bitcoin.
Anyway, the point  is to pay the correct fee and not the one that is imposed by casino even as I have said before if you are a high roller.

Education in the use of bitcoin also includes knowing the correct rates to use in any business model, this is not only about casinos.
_________
...///... bare-bones Bitcoin wallets is they don't have any kind of coin controll and so seem to just pluck prices out of thin air which the ordinary punter is oblivious to. It's a self fullfilling prophecy...//...:
As you express them, magic rates Cool but as mentioned before in this same thread, we know that the point of this action by the casinos is that the transaction is made or executed as soon as possible, but this option requires the correct fee, it is stupid to pay such high fess in some cases.

The tendency should be to go to an adjustable bar of those mentioned only one casino offers this option.

____________

...///...:
Please! Yes, ALTs are an alternative.

Considerations for future comments:
- Casinos do not receive any benefit from charging high fees.
- Yes! the Atls are good alternatives.
- If you have any experience or know of any fees, please mention the name of the casino.
- Please! select the correct quote from the user you wish to reply to or, failing that, use a criterion of "...", "*", "snip" "etc"

G.B.

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..CASINO....SPORTS....RACING..
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January 14, 2021, 12:37:48 PM
 #324

For me this is the time where i couldn't afford to lose even a single bitcoin for the sake of gambling. I would prefer to save it and hodl my bitcoin as much as the bitcoin market didn't yet settle and as i am expecting it will continue to go up its value to a higher than how much its value today. And it is a right decision i guess that we would use altcoins for transactions for the mean time till the market was in bullish state.

I prefer to stop gamble for a while and hold my bitcoin as you. I feel that the bitcoin price can be up to any higher price. But I miss my time to gamble, and maybe I will gamble again in the other days when I want to gamble. I think the fee will be up and down too following the bitcoin price, and we have many choices to withdraw, and not just use bitcoin to withdraw the money. The altcoins can be a good alternative to gamble and make a transaction for withdrawing.

Even knowing that bitcoin price now has dumped from $41000 to $33000 these value was still a high value that should be treasured and worth to keep in the hard wallet. For me, i am taking my bitcoin seriously keep at my hard wallet and making it in the last option to uswd in case of emergency. And yes i did altcoins to alternative paying bills or paying in gambling or any transactions than taking risks my bitcoin. There's no doubt that bitcoin withdrawal fees may also follow the market pattern of bitcoin (pumping and dumping at the same time).

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January 14, 2021, 12:48:22 PM
 #325

For me this is the time where i couldn't afford to lose even a single bitcoin for the sake of gambling. I would prefer to save it and hodl my bitcoin as much as the bitcoin market didn't yet settle and as i am expecting it will continue to go up its value to a higher than how much its value today. And it is a right decision i guess that we would use altcoins for transactions for the mean time till the market was in bullish state.

I prefer to stop gamble for a while and hold my bitcoin as you. I feel that the bitcoin price can be up to any higher price. But I miss my time to gamble, and maybe I will gamble again in the other days when I want to gamble. I think the fee will be up and down too following the bitcoin price, and we have many choices to withdraw, and not just use bitcoin to withdraw the money. The altcoins can be a good alternative to gamble and make a transaction for withdrawing.

Even knowing that bitcoin price now has dumped from $41000 to $33000 these value was still a high value that should be treasured and worth to keep in the hard wallet. For me, i am taking my bitcoin seriously keep at my hard wallet and making it in the last option to uswd in case of emergency. And yes i did altcoins to alternative paying bills or paying in gambling or any transactions than taking risks my bitcoin. There's no doubt that bitcoin withdrawal fees may also follow the market pattern of bitcoin (pumping and dumping at the same time).
But the Price of Bitcoin is  38,000$ now mate , 33,000 has been the value since 2days ago.
I'm Playing only now on sites that accept Dogecoin Since Ripple has already out of my currency for a while until the issue settled.


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January 14, 2021, 12:51:30 PM
 #326

Even Deposit really increased , Maybe that's about the Blockchain miner but still affecting our gambling activities .
I tried to deposit 50$and the transaction fee arise to 21$ ? look how huge that was ?

But good thing that until now i have not winning so I don't need to experience the High Withdrawal fee  Grin Grin

But i guess it's practical just to let our coins for a while in gambling site when this fee increasing happens ?
so sooner when the fee adjusted we can withdraw at lower value.

Time to use your own Bitcoin wallet my friend,,, there is no way at the current network line that you can pay even $2 for a next block confirmation (and that is counting the high price of BTC now).

Either you are not setting your own fees OR you have a lot of utxo which is why you should regularly consolidate.
Yeah i guess thats a Good idea, thanks for the heads up mate and will try dealing with this system.
I wanted to Enjoy the Sites specially in this booming market, when there are many promos available .
Quote
PErsonally, I do not withdraw my BTC until the fee makes sense (for me this means fee should never be higher than 0.5% of the withdrawal amount!).

OR. I gamble for my fee:p
Actually i am not into Withdrawal but Depositing , Because Like you if ever i Won big withdrawal will not come ASAP , and will wait for how long it takes until the congestion gone.









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January 14, 2021, 10:37:12 PM
 #327


Actually i am not into Withdrawal but Depositing , Because Like you if ever i Won big withdrawal will not come ASAP , and will wait for how long it takes until the congestion gone.

Great attitude though, most gamblers just want to withdraw whenever they win, and sometimes they don't care about the fees anymore, they just want to enjoy their winnings and then just come back to play again. It requires a lot of experience to gain that discipline like you do.

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January 14, 2021, 11:03:26 PM
 #328

Great attitude though, most gamblers just want to withdraw whenever they win, and sometimes they don't care about the fees anymore, they just want to enjoy their winnings and then just come back to play again. It requires a lot of experience to gain that discipline like you do.

Actually, I'm like that. As long as I want to withdraw, I don't bother with the fees because what else I can do if I really feel to withdraw it?

And most of the time, withdrawal fees are fixed so either the network is congested or the BTC price is rocketing, there's no difference at all.

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January 14, 2021, 11:10:07 PM
 #329


Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

For me this is the time where i couldn't afford to lose even a single bitcoin for the sake of gambling. I would prefer to save it and hodl my bitcoin as much as the bitcoin market didn't yet settle and as i am expecting it will continue to go up its value to a higher than how much its value today. And it is a right decision i guess that we would use altcoins for transactions for the mean time till the market was in bullish state.
[/quote]

A dumb thing to be done if you do know that fees were high and you do still push yourself on making transactions in times like these but if you are a whale
that who doesn't care about those few bucks of fees then that would be good but not all are really that extravagant when it comes on paying fees.

Save it up for future investment and that would really be worth  but there are really some bitcoins which are really allocated for gambling but not really
worth to make transactions due to fees.

As of this writing the low priority transaction fee is $4+ which is way too high for most people.

R


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January 14, 2021, 11:27:09 PM
 #330

Great attitude though, most gamblers just want to withdraw whenever they win, and sometimes they don't care about the fees anymore, they just want to enjoy their winnings and then just come back to play again. It requires a lot of experience to gain that discipline like you do.

Actually, I'm like that. As long as I want to withdraw, I don't bother with the fees because what else I can do if I really feel to withdraw it?

And most of the time, withdrawal fees are fixed so either the network is congested or the BTC price is rocketing, there's no difference at all.
It gives us no choice at all. Paying high fees is a part of our budget and that we need to face that or else, let our money stuck there and wait for the fees to change. But the question is, How long? I can't imagine if gamblers will wait for a month, a year.

I still have money to pay and I'm not losing yet which makes me disappointed. I need the money and I want to withdraw it, those fees don't matter for me as well.

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January 14, 2021, 11:49:47 PM
 #331

Great attitude though, most gamblers just want to withdraw whenever they win, and sometimes they don't care about the fees anymore, they just want to enjoy their winnings and then just come back to play again. It requires a lot of experience to gain that discipline like you do.

Actually, I'm like that. As long as I want to withdraw, I don't bother with the fees because what else I can do if I really feel to withdraw it?

And most of the time, withdrawal fees are fixed so either the network is congested or the BTC price is rocketing, there's no difference at all.

same here i dont leave my funds any longer inside the casino but there are times that im badly need to withdraw but fees suddenly adjusted to a much higher rate , what else can i do ?

 nothing but to wait because my money arent going to be enough anymore for withdrawals if i attempt and i dont want to gamble any further just to cover those fees . last time i gamble further because of the fees , i only lost all my money . i felt so dumb that time
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January 15, 2021, 01:31:31 AM
 #332

same here i dont leave my funds any longer inside the casino but there are times that im badly need to withdraw but fees suddenly adjusted to a much higher rate , what else can i do ?

 nothing but to wait because my money arent going to be enough anymore for withdrawals if i attempt and i dont want to gamble any further just to cover those fees . last time i gamble further because of the fees , i only lost all my money . i felt so dumb that time

Yes, I feel that too. That is why if the gambling site has an option to convert from Bitcoin to altcoin, that will help the gamblers to convert it, and they can send their money to the other wallet while they don't have to pay too many fees, especially if they want to withdraw for little money. We can't withdraw at that time because the money that we receive will be reduced too much.

But we can't blame the gambling site because they just adjust the fees based on the network. Perhaps, the high fees are not too different for people who own big money on the site, so when they want to have the money in a short time, they can withdraw it anytime.
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January 15, 2021, 01:32:15 AM
 #333

Great attitude though, most gamblers just want to withdraw whenever they win, and sometimes they don't care about the fees anymore, they just want to enjoy their winnings and then just come back to play again. It requires a lot of experience to gain that discipline like you do.

Actually, I'm like that. As long as I want to withdraw, I don't bother with the fees because what else I can do if I really feel to withdraw it?

And most of the time, withdrawal fees are fixed so either the network is congested or the BTC price is rocketing, there's no difference at all.
It gives us no choice at all. Paying high fees is a part of our budget and that we need to face that or else, let our money stuck there and wait for the fees to change. But the question is, How long? I can't imagine if gamblers will wait for a month, a year.

I still have money to pay and I'm not losing yet which makes me disappointed. I need the money and I want to withdraw it, those fees don't matter for me as well.

I agree, if we really needed our winnings then obviously we don't have a choice but to withdraw and pay the high cost of fees today. That's why personally I have change my mindset gambling today, I seldom gamble now, unlike when the price of bitcoin and fees are not this high.

But for those gamblers who are willing, then I have nothing against you. I'm just trying to adjust myself and will probably bet occasionally if I see my favourite team or athletes.

Maybe gambling sites can offer other altcoins as an option to deposit and withdrawal, less fees and might faster. Unlike BTC and ETH today.

R


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January 15, 2021, 05:44:32 AM
 #334

This is just a random thought.

If most of the gambling sites does not benefit from all these large transaction fees then why they are not integrarating the Lightning Network on their site? Though I am aware that it needs a lot of work in terms of technicalities involved in changing the whole backend and frontend code but isn't it that if at least they manage to integrate LN, the gambling platform could somehow gain traction for new players/clients?

Another pros is that we can also experience and practice making transaction over the Lightning Network which I think is a good experience.

Am I missing something why only few of them is using it?,

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January 15, 2021, 07:48:53 AM
 #335

same here i dont leave my funds any longer inside the casino but there are times that im badly need to withdraw but fees suddenly adjusted to a much higher rate , what else can i do ?

 nothing but to wait because my money arent going to be enough anymore for withdrawals if i attempt and i dont want to gamble any further just to cover those fees . last time i gamble further because of the fees , i only lost all my money . i felt so dumb that time

Yes, I feel that too. That is why if the gambling site has an option to convert from Bitcoin to altcoin, that will help the gamblers to convert it, and they can send their money to the other wallet while they don't have to pay too many fees, especially if they want to withdraw for little money. We can't withdraw at that time because the money that we receive will be reduced too much.

But we can't blame the gambling site because they just adjust the fees based on the network. Perhaps, the high fees are not too different for people who own big money on the site, so when they want to have the money in a short time, they can withdraw it anytime.
Converting bitcoin to altcoin is very hellful for the players to save fees because we know the fees of the altcoin is more cheaper than the bitcoin like the XRP it will good as alternative way for us to save money  also the only seconds the coin is already in your wallet unless you use bitcoin wirh high fees  and also needs hours to confirmed the transaction and the others wait more days.

But you have to be careful which altcoin you pick. If you used XRP before you can have lost a lot of money. In that case it was still profitable to just pay the higher bitcoin fee.

Normally I use Doge when it's low (around the 15-7sat). Once in a while it being pumped and then you can get some extra profit.



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January 15, 2021, 02:08:07 PM
 #336

I am happy to use Altcoin fees whenever I can but for the moment the only casino and sportbook where I play which happens to be the same as the one in my signature still continues to pay withdrawal fees for us.Whenever it stops if it ever does so it also offers Litecoin so I am not worried about this type of fees.

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January 15, 2021, 03:52:27 PM
 #337

About converting to altcoins, it depends on the method. Some casinos still need the tx fee to send BTC to instant exchanges (like ChangeNow et al.), and that's not good!

But you have to be careful which altcoin you pick. If you used XRP before you can have lost a lot of money.
That's wrong. It would be best to convert the altcoin to BTC asap on the exchange so you won't bear the risk. In other words, you withdraw directly to the exchange.
Even with XRP or TRX, the potential losses were minimal and less than BTC tx fees most of the time.

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January 16, 2021, 11:17:30 PM
 #338

...//...:
We are in the same frequency of casino wallets. (!?) Because your comment would enter the use of traditionals wallets,  so you cannot wait for the commission is what they put you. As you can see at least from the casinos listed here, only one offers the possibility of using fees to your liking.

...//...:
Only one casino of those named here offers LN and in the reality of the improvements that it can grant depends on the users not the casinos, currently there is not much diffusion among the users in its execution because if they can know it but using it is another thing.

Electrum, for example, in its latest version, basically its improvements are given mainly by those related to the use of LN.

It is something more related to diffusion and that its use by users begins to spread more, this would make casinos enthusiastic and create options with LN.


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January 17, 2021, 12:19:55 AM
 #339

Converting bitcoin to altcoin is very hellful for the players to save fees because we know the fees of the altcoin is more cheaper than the bitcoin like the XRP it will good as alternative way for us to save money  also the only seconds the coin is already in your wallet unless you use bitcoin wirh high fees  and also needs hours to confirmed the transaction and the others wait more days.

But you have to be careful which altcoin you pick. If you used XRP before you can have lost a lot of money. In that case it was still profitable to just pay the higher bitcoin fee.

Normally I use Doge when it's low (around the 15-7sat). Once in a while it being pumped and then you can get some extra profit.

Dogecoin is one of the altcoins that many gambling sites have, besides ethereum and litecoin. And as one of the old coins at the market, Dogecoin has a low fee of the transaction, which will help us convert it from bitcoin into Dogecoin. Perhaps you don't have to sell your Dogecoin if the price does not increase, so you can convert it many times and only wait for the price increases. Sometimes, Dogecoin price can jump to the higher price, and even if the price is rising only 3-5 satoshi, if you have a big amount of Dogecoin, your profit will be bigger.
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January 17, 2021, 12:51:03 AM
 #340

I am happy to use Altcoin fees whenever I can but for the moment the only casino and sportbook where I play which happens to be the same as the one in my signature still continues to pay withdrawal fees for us.Whenever it stops if it ever does so it also offers Litecoin so I am not worried about this type of fees.

It's true that Sportsbet does pay withdrawal fees for its users, this allows using Sportsbet to prevent the withdrawal of fees that increase at some
casinos. But as you said, using altcoins allows us to avoid high withdrawal fees. Because based on my experience playing in various casinos,
if making withdrawals using altcoins it is proven to have fees that are much lower than Bitcoin. I often use Dogecoin to choose as a withdrawal
method, because Dogecoin is known to have cheap and fast fees.

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January 17, 2021, 12:52:58 AM
 #341

This is just a random thought.

If most of the gambling sites does not benefit from all these large transaction fees then why they are not integrarating the Lightning Network on their site? Though I am aware that it needs a lot of work in terms of technicalities involved in changing the whole backend and frontend code but isn't it that if at least they manage to integrate LN, the gambling platform could somehow gain traction for new players/clients?

Another pros is that we can also experience and practice making transaction over the Lightning Network which I think is a good experience.

Am I missing something why only few of them is using it?,
Very on point thought.

I think LN is still not that common and the casinos may adopt it but many of their users won't consider it. That's just also my thought about it. It's possible that we'll see adoption of LN through casinos could be a few more years.

If they see a demand for it, they'll absolutely add it.



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January 20, 2021, 10:40:15 PM
 #342

This is just a random thought.

If most of the gambling sites does not benefit from all these large transaction fees then why they are not integrarating the Lightning Network on their site? Though I am aware that it needs a lot of work in terms of technicalities involved in changing the whole backend and frontend code but isn't it that if at least they manage to integrate LN, the gambling platform could somehow gain traction for new players/clients?

Another pros is that we can also experience and practice making transaction over the Lightning Network which I think is a good experience.

Am I missing something why only few of them is using it?,
Very on point thought.

I think LN is still not that common and the casinos may adopt it but many of their users won't consider it. That's just also my thought about it. It's possible that we'll see adoption of LN through casinos could be a few more years.

If they see a demand for it, they'll absolutely add it.

Some casinos starting to accept USDT already, I think that's their solution to avoid volatility which is the main problem for bettors whose intention is for sole gambling only. I also like the LN but as of this time I have never seen a popular site started adopting it already.

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January 20, 2021, 10:55:26 PM
 #343

This is just a random thought.

If most of the gambling sites does not benefit from all these large transaction fees then why they are not integrarating the Lightning Network on their site? Though I am aware that it needs a lot of work in terms of technicalities involved in changing the whole backend and frontend code but isn't it that if at least they manage to integrate LN, the gambling platform could somehow gain traction for new players/clients?

Another pros is that we can also experience and practice making transaction over the Lightning Network which I think is a good experience.

Am I missing something why only few of them is using it?,
Very on point thought.

I think LN is still not that common and the casinos may adopt it but many of their users won't consider it. That's just also my thought about it. It's possible that we'll see adoption of LN through casinos could be a few more years.

If they see a demand for it, they'll absolutely add it.

Some casinos starting to accept USDT already, I think that's their solution to avoid volatility which is the main problem for bettors whose intention is for sole gambling only. I also like the LN but as of this time I have never seen a popular site started adopting it already.
There are already some old and popular gambling sites that had integrated lightning network like Crypto.games  https://blog.crypto.games/2020/11/bitcoin-lightning-network.html

We do have viable options to take on if we are really trying to get rid of paying up higher fees due to network congestion.

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January 21, 2021, 07:22:30 AM
 #344

Some casinos starting to accept USDT already, I think that's their solution to avoid volatility which is the main problem for bettors whose intention is for sole gambling only. I also like the LN but as of this time I have never seen a popular site started adopting it already.

This is the first time I heard this. If that's true that will only increase the pressure on USDT.

This is big.

That means now USD can be used in illegal activities freely more than ever (even more than bitcoin) and that will surely speed up the process of tether's death. If the banks don't let the exchanges to have any bank accounts, don't accept any bitcoin's that's coming from a casino etc, why would they allow Tether? More importantly why would the FED allow this?


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January 21, 2021, 07:58:51 AM
 #345

Some casinos starting to accept USDT already, I think that's their solution to avoid volatility which is the main problem for bettors whose intention is for sole gambling only. I also like the LN but as of this time I have never seen a popular site started adopting it already.

And the withdraw fee for USDT for this casino's in very high. Some are around the 5 USDT for Standard fee (confirmation within 6 blocks).

For me that's way too high. Especially at casino's where the minimum withdraw is $20. Then you pay a quarter more to withdraw it.



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January 21, 2021, 11:09:45 AM
 #346

Some casinos starting to accept USDT already, I think that's their solution to avoid volatility which is the main problem for bettors whose intention is for sole gambling only. I also like the LN but as of this time I have never seen a popular site started adopting it already.

This is the first time I heard this. If that's true that will only increase the pressure on USDT.

This is big.

That means now USD can be used in illegal activities freely more than ever (even more than bitcoin) and that will surely speed up the process of tether's death. If the banks don't let the exchanges to have any bank accounts, don't accept any bitcoin's that's coming from a casino etc, why would they allow Tether? More importantly why would the FED allow this?

I don't know how the regulatory approach is, but it's true that some gambling sites are accepting USDT already.

These are just 2 sites I know.

https://sportsbet.io/support/payment-options
https://www.cloudbet.com/en/

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January 22, 2021, 06:43:59 PM
 #347

Quote from: post  Cool
...///.....

Actually the focus is not that the casinos accept a certain currency or that users have those options, the point here at least on this topic is to get players to understand what is the fee they must pay and not what they impose, so It's not important whether it is a high roller gambler, the other significant thing is because some casinos offer alternatives and others do not, because there is no common line in simply assuming the fees, several Casinos they have this option or simply the simplest and the one that we can all surely reach A consensus is to be able to select the FEE that we want, low, medium or high priority.

Now as things are, everyone chooses the casino they want to play in bitcoin, but that is the debate here friends, not if I can deposit in a shitcoin for low fees.

Making transactions of any kind and in any business area is an important issue for bitcoin, I am not against at least the main Alts, but we are here for bitcoin fee.

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January 22, 2021, 07:20:36 PM
 #348

Some casinos starting to accept USDT already, I think that's their solution to avoid volatility which is the main problem for bettors whose intention is for sole gambling only. I also like the LN but as of this time I have never seen a popular site started adopting it already.

This is the first time I heard this. If that's true that will only increase the pressure on USDT.

This is big.

That means now USD can be used in illegal activities freely more than ever (even more than bitcoin) and that will surely speed up the process of tether's death. If the banks don't let the exchanges to have any bank accounts, don't accept any bitcoin's that's coming from a casino etc, why would they allow Tether? More importantly why would the FED allow this?

I don't know how the regulatory approach is, but it's true that some gambling sites are accepting USDT already.

These are just 2 sites I know.

https://sportsbet.io/support/payment-options
https://www.cloudbet.com/en/

Wow these casinos are completely paranoiac about the US players because of the US laws forbidding the US players from playing in foreign casinos and they let people deposit fake USD. That's pretty insane. And these are pretty famous casinos too.

Depositing Bitcoin on a casino is something (bitcoin casinos don't even need a gambling license to operate) , depositing USDT on a casino is something else completely.

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January 24, 2021, 01:36:35 PM
Last edit: November 15, 2023, 01:19:25 AM by famososMuertos
 #349

The "waters" are calm for both deposits and withdrawals, the low priority rate is taking hours even minutes, a good time for those users who have a pending withdrawal or deposit, take advantage just now, this can last minutes.   Smiley


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January 25, 2021, 07:00:02 AM
 #350

The "waters" are calm for both deposits and withdrawals, the low priority rate is taking hours even minutes, a good time for those users who have a pending withdrawal or deposit, take advantage just now, this can last minutes.   Smiley


Source: mempool.space / use the website of your choice.





Looks like the 'calm waters' are gone.



With such fees the best way is to withdraw in altcoins and maybe try to exchange them when the fee's are low again.



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January 25, 2021, 12:24:29 PM
 #351


Hi!!
It's simple read, you can read this:

...//... take advantage just now, this can last minutes.   Smiley ...//...:

You are the most active in this thread, please until when the repeated comment at Alts, tell me something different, tell me which casino went up under their fee ... tell me that you withdrawn $ 100 and that a fee of $ 1.35 is viable because it represents less than 1.5%

Think of a world without Alts and solve with your bitcoins Wink

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February 02, 2021, 02:13:01 PM
 #352

It seems that Stake have upped their withdrawal fees for bitcoin recently from BTC.0001 ($3) to BTC.0003 ($10) together with the minimum withdrawals from BTC.0005 ($15) to BTC.001 ($35). Not sure if the same changes have been applied to PrimeDice.


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February 02, 2021, 10:26:52 PM
 #353

It seems that Stake have upped their withdrawal fees for bitcoin recently from BTC.0001 ($3) to BTC.0003 ($10) together with the minimum withdrawals from BTC.0005 ($15) to BTC.001 ($35). Not sure if the same changes have been applied to PrimeDice.
Was actually to complain the same thing too about Stake where their withdrawal fees is insanely high which is on 0.0003 = which is current $10 as of this writing
and if you do tend to look on the average or suggested fees in the network then only $4 is for the highest priority and $2 for the lowest one.
This is one of my complaints though which they should have at least consider on look and make out adjustments but somehow you can make
use Dinabot on exchanging from Bitcoin to other coins neither directly to your stake account or in other like primedice and windice.

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February 02, 2021, 11:54:24 PM
Last edit: November 15, 2023, 01:22:30 AM by famososMuertos
 #354

..//..:

.../image/...
+1

I have updated the Stake values and in the context of more days it can be seen that the minimum withdrawal in january was 0.002 BTC, which with the current price would be about (+/-) $ 70 so a relative vision allows us to understand that they have wanted to adjust to a retreat "acceptable". So the 0.001  looks somewhat unfair, but  setting is still a 100% reduction compared to the standard they kept in 2020.



As for the Fee, it is not about withdrawing (e.g.) $ 1000 and only paying a fee of $ 10, it is about paying the correct rate. Casinos must offer at least all three types of withdrawals.


source. https://mempool.space /

 
update...thanks ]https://www.talkimg.com

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February 03, 2021, 01:07:50 AM
 #355

It seems that Stake have upped their withdrawal fees for bitcoin recently from BTC.0001 ($3) to BTC.0003 ($10) together with the minimum withdrawals from BTC.0005 ($15) to BTC.001 ($35). Not sure if the same changes have been applied to PrimeDice.
Was actually to complain the same thing too about Stake where their withdrawal fees is insanely high which is on 0.0003 = which is current $10 as of this writing
and if you do tend to look on the average or suggested fees in the network then only $4 is for the highest priority and $2 for the lowest one.
This is one of my complaints though which they should have at least consider on look and make out adjustments but somehow you can make
use Dinabot on exchanging from Bitcoin to other coins neither directly to your stake account or in other like primedice and windice.

It is true that gas fees in wothdrawals are definitely high at the current time, it is because of the eth is pumping and somehow trying to gain its hightime. I think Dinabot is somehow great yet you also need to get out your earnings in your casino wallets and ypu might also need some gas fees. The thing we are experiencing right know is because of the valie of eth spiking upwards and might stays a little longer. Casino are one of the thing thay have many transactions in a single day because there are a lot of gamblers making a living out of it. But I think this high fees withdrawals might affect the earnings or profit of a gambler. It's 100% earnings might drop only on 50% or lower because the other half mighr only get to the fee. But I think one of these days, fees might be go calm again. We just need to wait.
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February 03, 2021, 07:56:43 AM
 #356




Could you please include such overview in the OP. That would be very helpful if it's all at one place at the beginning of the topic.

If just made a withdraw on Wolf.bet. The fee was fixed at BTC0.0023 and that was also the fee paid in the tx. (you see a lot of sites asking a high fee and then don't spend it all in the tx so this is good)

This resulted in a fee which was 38.917 sat/B and this was even higher then the advised high fee.




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February 03, 2021, 11:37:36 AM
 #357

The ideal is to have half a dozen or more possible blockchains to use and to also be able to withdraw in any of them without too much of a penalty just percentage fees.   Users should cover transaction fees probably unless VIP or similar high revenue customers but also the user should be given the control to decide if they dont mind a really slow low fee withdrawal taking place.    I agree small customers are most penalised and it discourages new users in that way, it would best for percentages not flat fees but its a common problem right across crypto that moving funds is discouraged.
   The other method very few will agree with me on is arbitrage where you move funds to somewhere by losing a bet in one place on sports or events but placing a bet to win the same event elsewhere.  If you have small amount and the fees got silly, this might be the most sensible route though it sounds a bit extreme.

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February 03, 2021, 05:31:56 PM
Last edit: November 15, 2023, 01:24:26 AM by famososMuertos
 #358

...//...:

Thanks for the suggestion. In any case if you check the OP there are links to each of the updates, except for January.

Reviewing your Wolf.bet suggestion we have the following:



It maintains the January fee, which is something to consider because the price of bitcoin was very different from what it has today.

_____________-
...//...:

That's right, "... control" to decide our urgency to withdraw.

...//,,,;
   The other method very few will agree with me on is arbitrage where you move funds to somewhere by losing a bet in one place on sports or events but placing a bet to win the same event elsewhere.  If you have small amount and the fees got silly, this might be the most sensible route though it sounds a bit extreme.
I understand what it says in the sense of the bet, but I don't know how it can be applied to withdrawals or fees.






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March 13, 2021, 12:11:28 AM
Last edit: November 15, 2023, 01:30:29 AM by famososMuertos
Merited by tyz (3)
 #359


Stake, BetFury and 777coin have the same fee of 0.00025 BTC ($14.41). Unique ones Casinos  that match. VipGame and Roobet are very even, $11.53 and $11.92 respectively.

Wolf.bet ranks among them with a value of $13.26.

CryptoGame takes third place for an additional 500 sat, 0.000255 BTC ($14.70), and very quietly located Tower in second place $ 20.18.

At the ends; BC.Game at the top of this listing with about $34.59, at the bottom Bustadice $ 9.33 very close to the estimated value in the mempool of $7.25.
_____________
________
As additional information, it is worth saying that the data taken for this graph corresponds to March 11, the price of bitcoin for the calculations corresponds to $ 57,652.41 (Coinmarketcap) and the mempool data corresponds to low priority $ 5.95, medium $ 7.15 and High priority $ 7.80.
You can see the source used in the following link: https://i.imgur.com/ayPXfLH.jpg

For those who are not concerned with the issue of fee for experience, I must tell you that this is a specific example, at a certain time, the prices and values indicated are subject to change without prior notice or rather to the volatility of the network already the decisions of the casinos.

Check the conditions of your preferred casino before withdrawing, the values may be different.
---
----
Considerations:
The casinos are doing their best to regain adequate values, Bc.Game offers LN, it also has the possibility of "exchange" and has one of the most varied options in alts.
Crypto Games owns LN and also offers alternatives in other Alts, in addition to being the only one that has a fee selector bar. Roobet recently added Litecoin and has three priority levels.

You can see more details in the following table:


(1): Network Fee
Quote
Your withdrawal will be slightly less due Bitcoin network fee.
Users pay exact network fee, there is not charge by SWC.

Withdrawals are processed by hand. SWC poker may take up to 24 hours to process you withdrawal
Source: SWC poker /
https://i.imgur.com/mCbrIKd.jpg

Important consideration that all casinos must take when their priority is not to weigh any fee value on the screen at the time of withdrawal.

(2): Fee
Completely opposite case and I bring it up, I have asked for the information via email, but if someone has withdrawal information (fee), Ty. In any case, I will update the answer they give me.



(3):
It is an average rate that is calculated at the time of withdrawal, for details you can find the support on your page, the live chat works very well, Telegram, also in your ANN.

( - ) :it means do not tracker the information or verify it.

Mini tribute to Yolodice and luckybit.

Source:
Coinmarketcap.com /price bitcoin.
mempool.space
Casinos/ Gambling.
Source image 1: https://i.imgur.com/ayPXfLH.jpg


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April 28, 2021, 08:35:49 PM
Last edit: November 15, 2023, 01:34:55 AM by famososMuertos
 #360

Casinos Withdrawal Fees Rise:CWFR

They are still cautious days on the issue of fees and with April nearing its end we reviewed the CWFR top and then checking the casinos involved on Topic.

CWFR Top April:
  • Tower*:    0.00068000
  • blackjack.fun: 0.00043413
  • Chips: 0.00035000
  • bc.game: 0.00031300
  • bustadice*: 0.00030000
  • Roobet*: 0.00025556
  • Crypto Games*: 0.00025500
  • 777coin: 0.00025000
  • Stake: 0.00020000
  • VipGame: 0.00020000
         Casino: BTC
(*) maximum values, these casinos use Low, medium, high. Roobet shows its values in $14,038/$54,926  + info see attached table.

CWFR April:

Updates; what casinos do in addition to lowering/raising their fees:

-SWC: BCH available for deposits.
-bc.games: allows with VIP level 14+ to use additional options. LN disponible.  it also has the possibility of "exchange" and has one of the most varied options in alts.
-Crypto.Games: Crypto Games owns LN and also offers alternatives in other Alts, in addition to being the only one that has a fee selector bar.
-Roobet.com: Litecoin available for deposits.




Considerations:
- / - All values ​​are expressed in BTC except for Roobet.com which are "$". So they show them in their withdrawal wallet, BTC value used to show in the top April $54,926 (CMC).

There are other casinos like bustadice that use "chips" I have changed them to BTC, it also happens with blackjack.fun who expresses this value in his wallet as satoshi (43413 sat).

- / - The colors in the table:
Each month has its color, if a casino does not change its CWFR it keeps the color, e.g. the first three.
The font colors in the table cells are only used to better visualize their value, in fact I only use white.
The red color in the name of the casinos indicates the highest fee.

- / - These are data reviewed in each of the casinos today, I have not taken them from any website, they are my log in, there is no hierarchy in their exposure to bring them to the table except that they are the ones I frequent the most or know.

So when a new Casino appears in the table it is only because I have registered and / or at least played with Play Money, then I have checked its CWFR and its data appears.
In fact the "-" (hyphen) in the tables means that for whatever reasons I couldn't check it, e.g. Wolf.bet that appears in April in white, sorry should go a "-"

- / - Some Casinos change their withdrawal fees in days or weeks, consider it if you check this table in days after this date.

In fact I checked the mempool.space this morning at approximately 9:00 h:
Low priority: 11 sat/vB ($0.83)
Medium priority: 12 sat/vB ($0.91)
High priority: 13 sat/vB ($0.99)

Today at 15:30 these are the new values:
Low priority: 36 sat/vB ($2.77)
Medium priority: 41 sat/vB ($3.15)
High priority: 50 sat/vB ($3.84)
Source: mempool.space / BTC

-/(1)/-: Your withdrawal will be slightly less due Bitcoin network fee.
Users pay exact network fee, there is not charge by SWC.
Withdrawals are processed by hand. SWC poker may take up to 24 hours to process you withdrawal. Source: SWC poker/Cashier/
-/(2)/-: It is an average rate that is calculated at the time of withdrawal, for details you can find the support on your page, the live chat works very well, Telegram, also in your ANN.

Summary Sources: CMC (Coinmarketcap.com/price bitcoin). mempool.space. Casinos/web.

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May 14, 2021, 01:17:21 PM
 #361

-snip-

Do you actually make the effort to create the reports yourself or do you get the graphics and information prepared somewhere?

In general, I have to say that the gambling withdrawal fees have increased, which is no wonder. Even Binance has raised the fees in Bitcoin. What I do to get around this is to make withdrawals in BCH or Doge, for example. These are much faster and cheaper, even though I am not a big fan of Bitcoin Cash and Doge, but there are a good utility to get around this fee madness.
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May 15, 2021, 05:37:41 AM
 #362

Hi,
I have not placed a source in the images because I have created them from scratch, just like the tables, which have evolved according to the progress of the Topic.

Sometimes these ideas arise in the development of the post, the graph in question arose as an idea to get a summary of the table because wanted to mention or highlight the top 10 of the casinos with the highest withdrawal rate.
___/
____/-
Yes, the withdrawal rates far from staying in a close average in Fees to the values in the mempool even increase.
___/
_____/-
Fortunately that does not happen with most casinos and they generally offer "viable" withdrawal rates and some even offer alternatives, which in a certain way should be the objective to follow for casinos and not simply have a rate of up to 10x the value of mempool.

So, this does not imply that the fact of being a highroller, you should pay the high fees without problems, it is to pay the correct fee.

Likewise, these high rates make many micro-limiters(low bankroll) have their earnings "hijacked", it is unheard of for someone to have $ 60/$100/etc. in funds and must pay up to 30% of what they withdraw in a fee.

It is worth saying then, based on what I have seen and learned when reviewing each of these casinos, that casinos should have at least 3 of these options mentioned below when they do not use the average rate of the mempool:

  • Three withdrawal options: Low, mid, High
  • Adjustable Fees Knob/Bar.
  • Swap/exchange: some have 0% but if they don't show it on the screen ask, it may be more expensive than the same Fee.
  • Lightning Network (LN)
  • Casinos that convert their crypto to Fiat currency ($) should allow withdrawing in a crypto other than bitcoin.
  • Vip levels: that offer 0% rates or that use utility tokens for such purposes.

Surely there are some others but these are the ones that I have been able to collect from the mentioned casinos, so they are not a suggestion. Some casinos in the topic use these mentioned alternatives.

In conclusion, pay the correct fee, putting in more "$" is a badbeat.



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June 02, 2021, 01:35:20 PM
Last edit: November 15, 2023, 01:17:37 AM by famososMuertos
Merited by paxmao (4), Timelord2067 (1)
 #363

Casinos Withdrawal Fees Rise:CWFR / Top



Bc.game [1] takes the lead again (previously March) and the previous leader at least in the April  Tower.bet [6] takes the seventh position.

Chips.gg [2] - crypto.games [3] -Stake [5] they maintain their April fee despite the price of bitcoin.

Roobet [4] as always the only casino that shows its fee information in dollars, they also offer two additional alternatives, medium and low.
 
To finish the inclusion of casinos in the graph, we have Betnomi [7] and SwC [8] who take the fees according to the network rate for the moment the withdrawal is made.


Sources:
[1]bc.game https://i.imgur.com/SpcQRL3.jpg [2]chips.gg https://i.imgur.com/qdyRsep.jpg [3]Crypto.Games https://i.imgur.com/1LvB6l1.jpg

[4]Roobet.com https://i.imgur.com/YPNBaQM.jpg [5]Stake https://i.imgur.com/Mtaxo6g.jpg [6]Tower.bet https://i.imgur.com/694GE8a.jpg

[7]Betnomi.com https://i.imgur.com/bbthxUK.jpg [8]SwC https://i.imgur.com/2U8hDHS.jpg

[mempool]mempool.space
https://i.imgur.com/acDJ1h8.jpg

Considerations:
At the time the information was taken, the price of bitcoin was $ 36,565(Source:CMC) and the network fee according to mempool.space[mempool] marked the average and maximum values between $ 1 and $ 2 respectively.

Consider looking at the sources mentioned if you want to see additional details, such as the other suggested fees or the minimum withdrawals at each of the casinos.

If this is the first time you are looking at this information, remember that if your preferred casino does not appear in the graph it is only because I do not use it or I simply have not tracked it, this graph does not pretend to give a hierarchy to the mentioned casinos, it only shows how they vary the fees in the bitcoin network in some casinos and what should be the fee to pay according to the mempool.


New update...thanks https://www.talkimg.com

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August 20, 2021, 03:55:38 PM
 #364

@famososMuertos, You haven't given any new update here since last two and a half months. Maybe you are busy with other things, but it would be appreciated if you update this thread with new chart on each month. You are doing this since August 2020. The new withdrawal fee chart going to be interesting. It will contain the data that how bitcoin withdrawal fee has changed at some crypto casino within a year.

R


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August 20, 2021, 05:52:13 PM
Last edit: November 15, 2023, 01:13:35 AM by famososMuertos
 #365

Hi,
I got this from Aug 12:



Bc.game: direct deposits from an alt to a previously assigned address:



You have a limited time there to make the deposit.



Some do not offer new things, but have fee 0:


This information is a collateral that arose later, all casinos in some way try to have adequate fees, it is what I trust and we all want, some casinos try offer alternatives to withdraw / deposit in bitcoins .

I had already been collecting the data but I could not gather all the casinos (jul,2021) and I started in August, I only need to login in some and review, I really like to verify this data myself and I do it in casinos where I have an account.

New update...thanks https://www.talkimg.com

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September 26, 2021, 11:16:33 PM
Last edit: November 15, 2023, 01:14:26 AM by famososMuertos
 #366

Historical: 2021


Historical: sep. 2020-sep. 2021


Pic Source:https://www.talkimg.com/images/2023/10/17/R5nGf.jpeg



It should be noted that regardless of the price change 777coin- BITVEST have maintained the same fee for some this may be correct, but the reality is that the corresponding fee must be charged according to the network congestion.

FJ, sportsbet do not charge any type of fee for withdrawals, let's say it is an added value, but in reality we do not want to go to extremes or much or anything, it is what corresponds to us at the time of withdrawal. Although if everyone agrees under this scheme, it is wonderful.

Although it is not yet the ideal, it is necessary to highlight in the history of a year those who improved their fees and not only it, they gave additional options, some have even changed their skins, version and of course what is incumbent on us in this case the Fee:low- medium-high. (slow/-+/Fast)

-/Yes: it is my right to bet a satoshi, 0.00000001./-

For the network rate comparison, we use mempool.space, but it can be any other:

Medium priority
1 sat/vB ($0.06)
High priority
2 sat/vB ($0.12)
Source:https://mempool.space

So...It does not matter if your casino is not here, this exercise aims to show that on average your casino is not setting the corresponding fee. In any case, always use the support of your casino to obtain reliable information.

Top 10...one moment,


-/(1)/-: Your withdrawal will be slightly less due Bitcoin network fee.
Users pay exact network fee, there is not charge by SWC.
Withdrawals are processed by hand. SWC poker may take up to 24 hours to process you withdrawal. Source: SWC poker/Cashier/
-/(2)/-: It is an average rate that is calculated at the time of withdrawal, for details you can find the support on your page, the live chat works very well, Telegram, also in your ANN.
-/(3)/-:
Source: https://sportsbet.io/help-centre/help-payments/help-payments-using-crypto/how-do-i-withdraw-crypto-from-sporsbet-io
Online support:
Re:"On our site, we don't have fees for deposits and withdrawals. The only fees will be charged by your wallet provider Grin "

(*) In the case of Wolf.bet, my geographical area is not allowed. Earnbet, ask for another type of log, so I must add a new type of login, I don't like the options they offer. Blackjack.fun this page does not allow me to visualize well in my browser, the casino has changed a lot since the last time I visited it, so now has live casino providers, that is, it is no longer just blackjack and roulette, so next, SWC I was able to enter but I could never visualize the Wallet, there is no live support..


Source Casinos sep 26, 2021:https://i.imgur.com/UoEPNKK.jpg
New update...thanks https://www.talkimg.com

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