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Author Topic: «»NEW«»Casinos Withdrawal Fees Rise (!?)|Sep. 2020«1Yr»Sep. 2021|2024!?  (Read 6416 times)
Saisher
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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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Kasabus
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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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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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Tipstar
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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.

 

 
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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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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.

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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.

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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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