«»NEW«»Casinos Withdrawal Fees Rise (!?)|Sep. 2020«1Yr»Sep. 2021|2023?

[Natalim]

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.

[mardaed]

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.

[qomariah95]

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.

[carriebee]

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.

[pikkie]

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.

[ralle14]

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.

[Questat]

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.

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.

[MCobian]

~ 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.

[dimonstration]

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.

[Questat]

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.

[UmerIdrees]

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.

[sunsilk]

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.

[bonjouros]

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.

[finaleshot2016]

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.

[Bezobraznike]

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.

[RapTarX]

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.

[ralle14]

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.

[Mauser]

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.

 

[radjie]

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.

[Becky666]

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.