«»NEW«»Casinos Withdrawal Fees Rise (!?)|Sep. 2020«1Yr»Sep. 2021|2024!?

[noormcs5]

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.

[bonjouros]

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.

[aioc]

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.

[Twentyonepaylots]

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.

[Ryker1]

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]}

[harizen]

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.

[Twentyonepaylots]

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.

[Gyfts]

...

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.

[Oilacris]

Please! Big cash out players, we understand how insignificant the increase is for you. 
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.

[Lordhermes]

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.

[Chikito]

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?, 

[sunsilk]

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.

[virasog]

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 

[maydna]

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.

[TitanGEL]

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.

[Finestream]

.../...

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.

[swogerino]

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.

[mersal]

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. 
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.

[k@suy]

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. 
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.

[smyslov]

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.