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

[maydna]

~snip~

Most of the gambling sites now are accepting altcoins, and since altcoins now have a good volume or liquidity, it will make gamblers to be confident using an altcoins. However, though the fee is less and faster, we still can't eliminate the reality that there are people who doesn't want to convert, they want to solely gamble using bitcoin and they will take the fees, regardless of the amount.

That gives easiness to us and the other gamblers to use altcoin to withdraw. They get the benefits from altcoin in withdrawal while they can also get benefits if they use altcoin to gamble, and perhaps, the altcoin creation was to reduce the fees instead of using bitcoin.

People who have big money in bitcoin will not use altcoin because they can accept bitcoin fees, whether the fee increases or decreases. They feel confident using bitcoin, and they don't want to use altcoin. Those people don't need altcoin to gamble because they have a huge bitcoin that they can use for anything they want.

[Japinat]

~snip~

Most of the gambling sites now are accepting altcoins, and since altcoins now have a good volume or liquidity, it will make gamblers to be confident using an altcoins. However, though the fee is less and faster, we still can't eliminate the reality that there are people who doesn't want to convert, they want to solely gamble using bitcoin and they will take the fees, regardless of the amount.

That gives easiness to us and the other gamblers to use altcoin to withdraw. They get the benefits from altcoin in withdrawal while they can also get benefits if they use altcoin to gamble, and perhaps, the altcoin creation was to reduce the fees instead of using bitcoin.

People who have big money in bitcoin will not use altcoin because they can accept bitcoin fees, whether the fee increases or decreases. They feel confident using bitcoin, and they don't want to use altcoin. Those people don't need altcoin to gamble because they have a huge bitcoin that they can use for anything they want.

Indeed, bitcoin fee has gone many times but most gamblers still prefer to use bitcoin, with big holding of bitcoin, you don't worry on the fees, you worry on the volatility that might happen if you'll convert your bitcoin to an altcoins in order to save fees, they would not do that of course.

[maydna]

~snip~

Indeed, bitcoin fee has gone many times but most gamblers still prefer to use bitcoin, with big holding of bitcoin, you don't worry on the fees, you worry on the volatility that might happen if you'll convert your bitcoin to an altcoins in order to save fees, they would not do that of course.

If they can spend some bitcoin playing gambling, they should not worry about the volatility. That gambler can convert it into an altcoin and use it to place a bet. With some bitcoin at a high price, they will get much amount of one altcoin to make them be able to play gambling longer because they can place a bet in a small amount. And if they win, they can convert it back to bitcoin or directly send it into an exchange or another wallet to hold for a while and sell it when the altcoin price increases.

[peter0425]

Although different gambling sites have different withdrawal fee's but can anyone tell me which gambling site take the most amount for the withdrawal from their site. I think the old gambling site will not charge us the most when it comes to withdrawals fee.

You can try sportsbet, I believe they still don't charge a withdrawal fee for every transaction, I haven't gambled in the site for like 4 months or more, but during that time, they don't charge a fee for every withdrawal, that's why I like to gamble in the site, but since the fee had increased now, I'm not sure if they still continue with their good feature.

Yups they still charge no fee until now,but this are only for the sportsbetting and not for other gambling activities in which the majority of players in gambling love to play.

and also the issue here is not the free but the amount being charge in each withdrawal in which not the one written in the actual fee.

[famososMuertos]

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I think they can also need to sign up then when they have their own account in the gambling site, in there I think you may probably see how much is the fee in each withdrawal that you will be made, creating account is free for you OP to have any ideas in every fee that you want. There's a lot of new gambling site now, and I don't know any fees to new sites now.

Hi! @ice098
In all the casinos that you see in that table I have an account and also  in some I have deposited and in others I have withdrawn, in some of they I have reached VIp levels.
I think you should know how much is the withdrawal in Stake today, That could tell us if it is the same as the table or not. (!?)

___________

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

The subject of the Alts is overcome in this thread.

According to your comment in the quote, Which Casinos offer swap (convert) (?) I am mentioning just a few, but if you know others you should say so  there is the contribution Topic. 

________________

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People who have big money in bitcoin will not use altcoin because they can accept bitcoin fees, whether the fee increases or decreases. They feel confident using bitcoin, and they don't want to use altcoin. Those people don't need altcoin to gamble because they have a huge bitcoin that they can use for anything they want.

I assure you that if you enter a casino and win a big prize, the fee is the least of it. And that has nothing to do with whether you are a great "big stake" or "High Roller" which are better terms to refer to the subject in question.

The first thing here is education on the bitcoin feature and its fees, you must pay what is due, not what is imposed on you.

Although you may not believe it, the issue of casinos is their withdrawals is an "posture" to consider for any type of bankroll you have, unless you are a sporadic or recreational player, many high wagered players are moving their working capital (or fun) constantly and believe me the numbers and the control of everything that surrounds your money is part of your day and in a calendar year for example any high profile player can leave three figures high in fees and it does not matter if this does not affect their bankroll in a "x"percentage but they know it.

I ask you, do you have an estimate of how much you have spent in fee this year, no (!?) You should know it even if you use Alts, specific things deceive many, the long term is the key.

[robelneo]

Indeed, bitcoin fee has gone many times but most gamblers still prefer to use bitcoin, with big holding of bitcoin, you don't worry on the fees, you worry on the volatility that might happen if you'll convert your bitcoin to an altcoins in order to save fees, they would not do that of course.

When I'm playing my coin of choice is always Bitcoin, I am hitting two birds with one stone if ever I got lucky because I know that Bitcoin will always go up and it is destined to go up, of course, I am very careful when playing I always allocate money that I can afford to lose I deposit a different kind of coins when I feel that I am going to be lucky I use Bitcoin.

[Debonaire217]

When I'm playing my coin of choice is always Bitcoin, I am hitting two birds with one stone if ever I got lucky because I know that Bitcoin will always go up and it is destined to go up, of course, I am very careful when playing I always allocate money that I can afford to lose I deposit a different kind of coins when I feel that I am going to be lucky I use Bitcoin.

Would that be a good idea if you still use Bitcoin to cash out even if the withdrawal fee is so high? But that wouldn't be the case if the only option you have when you cash in is Bitcoin, most of the gambling sites do not offer to exchange your bitcoin for another crypto so there's really no way you can cash out or withdraw without accepting the Bitcoin's high withdrawal fee. That is why when we are going to gamble, we should first think carefully about which cryptocurrency to use especially in terms of transaction fees. As far as I know, LTC is one of the best cryptos for gambling because of its small withdrawal fee. Perhaps, if the Bitcoin network will be further improved, such as making the transaction speed and fees better, Bitcoin will remain perfect for all uses not just in gambling.

[suzanne5223]

Indeed this should be addressed by the community because this is kind of day light robbery, and mostly gambling platforms should have fair amount of increase. 300% is kind of insane, i wonder why not so many users are complaining about this issue. A 3-5% should be enough for them.

This problem needs to be addressed but I believe it will be a decent discussion if the problem is discussed with the support or representative of the casino that increased their withdrawal fee by 300% than discussing it here cause it may generate no effort to the problem.
With that been said, if the casino allow the switch of withdraw crypto like DuelBits it will be good to withdraw with crypto like ETH but the BTC tx fee was low the last time i searched yesterday.

[bitterguy28]

The first thing here is education on the bitcoin feature and its fees, you must pay what is due, not what is imposed on you.

Seems like this Little words explains it all,Maybe majority of the comments came from small rollers or spends little in gambling like me that's why Fee amount is very Big deal,But taking from your word this must be understand that If we are a real gambler we must take the amount Due to us and not is what imposed in the site.

Thanks for this enlightenment it answers all to me now,and will make sure that the next time i gamble in knew what i need to expect.

Indeed this should be addressed by the community because this is kind of day light robbery, and mostly gambling platforms should have fair amount of increase. 300% is kind of insane, i wonder why not so many users are complaining about this issue. A 3-5% should be enough for them.

Hope you checked first the Post i have just quoted ,because the word came from a real gambler that understand everything and explains welll all the thing.

[MWesterweele]

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

[mardaed]

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

I agree that this with be one of the ideal ways to counter escalating withdrawal fees with Bitcoin. I would love to hear more from this topic. Although regardless of the circumstances, there will always be fees that is due for each gambler.

[Lanatsa]

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

When it comes to times like these then we wont really have any options left but to switch up on alts yet fee's would really be helpful or would
really be saving you on spending too much on fees.

Currently the network having that 100 sats/byte at this moment.It might not really be that high but it is already on $3 fee which not all
wont really be willing on paying it out.

Switching into other alts will really save you into this problem.

[Questat]

I think withdrawal fees only affect bitcoin so if you want to lessen the fees then convert it to another cryptocurrency. Some popular gambling platforms now offer that kind of thing. We can't avoid or blame the gambling website if the bitcoin withdrawal fee there increases. It's normal for that to happen if there are many bitcoin transactions going on the blockchain network.

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are aware of that. The gambling sites realize that they can't only use bitcoin for their site, especially if they have many gamblers who play gambling on their site. Some of them add another cryptocurrency such as eos, tron, or another crypto in the gambling site while they already have ethereum, litecoin, and doge. I am sure the gambler will know what coin they should use if they don't want to use bitcoin for withdrawal.

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

When it comes to times like these then we wont really have any options left but to switch up on alts yet fee's would really be helpful or would
really be saving you on spending too much on fees.

Currently the network having that 100 sats/byte at this moment.It might not really be that high but it is already on $3 fee which not all
wont really be willing on paying it out.

Switching into other alts will really save you into this problem.

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

[fortunecrypto]

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

Now that Bitcoin is having an all-time high I prefer using DogeCoin and Tron, Bitcoin is still going to go up this year reaching one all-time high to another I prefer saving my Bitcoin for more profit, I'm also active in faucets now, every satoshi counts now, people are now going to speculate how high Bitcoin will reach this year and the gambling industry will be very active more than ever.

[Oilacris]

It's always advisable for gamblers to use another cryptocurrency to withdrawal to avoid the fees, and I think many gambling websites are

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

Now that Bitcoin is having an all-time high I prefer using DogeCoin and Tron, Bitcoin is still going to go up this year reaching one all-time high to another I prefer saving my Bitcoin for more profit, I'm also active in faucets now, every satoshi counts now, people are now going to speculate how high Bitcoin will reach this year and the gambling industry will be very active more than ever.

Some gamblers wouldnt really mind if they do make use of their Bitcoins towards their gambling activity yet they can always make some adjustments basing off with fiat value which means that they wont really be caring
much as long with fees too specially for those high rollers as long they can get their withdrawals they wont mind paying big fees but few bucks wont really hurt if you do withdraw out hundred bucks.

Bitcoin is indeed on the rise and im really making some switch to XRP and DOGE where transfers were fast and cheap.Best time to do when bitcoin is mooning.

[maydna]

~snip~

I ask you, do you have an estimate of how much you have spent in fee this year, no (!?) You should know it even if you use Alts, specific things deceive many, the long term is the key.

I guess the fee is not much than $100. I never think about how much the fee is should pay, even in Altcoin, because the fee will be less than if I paid in bitcoin.

~snip~

Might as well good to transfer or convert your bitcoin withdrawal into other crypto coin to able to spare from high fees. I believe that casino fees will continue to add a withdrawal fees in their pay outs and the current ATH of bitcoin maybe one of the reason. We shouldnt set aside the huge possibilities and potentials of other altcoins like Ethereum, Binance and XRP that was a good investments too to consider.

You are right. The casino will adjust the fee with the market situations, and as you said, the fee will also increase following the bitcoin price. So that can make the use of the altcoin for withdrawal will be increase. And that can attract the altcoin price will also increase because of the demand for using altcoin increase.

[Timelord2067]

Bitcoin is pumping, it's not a good idea to use bitcoin if you are trying to save on fees, right, altcoins is the best solution for now as the party is only on bitcoin and altcoins remain calm as it was before, we don't know when bitcoin will settle, either it will continue to pump or will result to a bigger splash or dump, regardless, it will still make the network congested.

The bitcoin mempool currently has 73,000+ transactions waiting to occur with a total of close to 170Mb in those transactions.  IIRC I saw the suggested fee to transact is now around 100 sats/byte

[famososMuertos]

We are in ATH time and they happen so often that it is already something normal these days however it is always interesting to see how some casinos behave in relation to the price of bitcoin and its fees.

I have decided to separate the data into three large groups, those that do not change their fees, those that have a change either low or high in their value and those that offer different types of fees according to the priorities of each user at the time to withdraw.

- Casinos that have not changed their fee at least since September 2020:

-Casinos that have changed their fee and that offer a single alternative.

The fees shown in green have had a decrease in relation to previous fees

- Finally we have the group of casinos that offer at least two alternatives.

^{There is no hierarchical order for any of the tables shown.
If you do not see the casino of your choice, it is not that I do not like it, it is that I have simply selected a part of the large number of casinos that exist.}

[Reatim]

Even Deposit really increased , Maybe that's about the Blockchain miner but still affecting our gambling activities .
I tried to deposit 50$and the transaction fee arise to 21$ ? look how huge that was ?

But good thing that until now i have not winning so I don't need to experience the High Withdrawal fee 

But i guess it's practical just to let our coins for a while in gambling site when this fee increasing happens ?
so sooner when the fee adjusted we can withdraw at lower value.

[Timelord2067]

The trouble with some of these bare-bones Bitcoin wallets is they don't have any kind of coin controll and so seem to just pluck prices out of thin air which the ordinary punter is oblivious to. It's a self fullfilling prophecy in that miners only take the high end TX fees for their blocks while Bitcoin wallets oblige with ever higher paid fees in response.