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[famososMuertos]

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-/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.  
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

infographic:https://i.imgur.com/rzGpfdu.png
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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/

[Finestream]

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.

[Genemind]

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.

[famososMuertos]

.../...

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.

[ralle14]

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.

[Wexnident]

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.

[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.

[LogitechMouse]

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.

[Casdinyard]

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.

[TravelMug]

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.

[maydna]

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.

[AjithBtc]

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.

[Darker45]

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.

[Maus0728]

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.

[Kupid002]

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.

[Insanerman]

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)

[cryptomaniac_xxx]

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)

[electronicash]

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.

[bitbunnny]

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.

[carriebee]

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.