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[mindrust]

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.

[XZERO1]

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.

[Mahanton]

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.

[Harlot]

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.

[Timelord2067]

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

[djgtr]

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.

[mirakal]

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.

[boyptc]

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.

[maydna]

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.

[famososMuertos]

....//...: 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.

[FIFA worldcup]

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.

[Russlenat]

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.

[carlisle1]

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 .

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.

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.

[Japinat]

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.

[Lorence.xD]

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.

[famososMuertos]

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.

[Oilacris]

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.

[Questat]

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:

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.

[k@suy]

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.

[Cling18]

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.