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Question: Sent btc with high fee but no confirms, not credited in gambling site and you want to bet on your favorite match anyhow as you think you will win it. What will you do?
I will just wait and watch, that is all I can do. 😕 - 18 (42.9%)
I can't wait at all, I will ask a mining firm to help me as I can pay more fee. - 4 (9.5%)
I will go to the gambling website's support staff and ask them to credit my coins and let me play. - 7 (16.7%)
I will double spend it with higher fee to get the next sent transaction confirmed quick, because I want to gamble at any cost. - 6 (14.3%)
I will increase the fee as my transaction was RBF. - 7 (16.7%)
Total Voters: 42

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Author Topic: How far will you go when you sent btc to a site with high fee but...  (Read 947 times)
target
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October 30, 2020, 09:05:54 PM
 #41


Unless the casino will credit the BTC faster after talking to the support. I doubt for someone who doesn't bet huge amount regularly.

Sending an altcoin will be the best option to go than just waiting for its confirmation. Your winning bet is approaching and you will have to place a bet.  Most of them right now accept altcoins, I would rather be using the fastest like XRP if the casino does accept it. It will surely reach to the wallet first before the BTC that is stuck with zero confirmation.

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October 30, 2020, 09:06:42 PM
 #42

I don't know what will be my approach in case I end up paying high fees.

But to solve that, the first thing that comes to my mind is to have a one-time deposit so that I will not end up making several deposits. Although it's a risk for me to stored funds on gambling sites, I need to put my trust in them. I'm not talking about big figures here so should be fine and nothing to be worried about that on my end.

There are also other options such as using other coins but not all gambling sites especially sports betting sites that supports several coins.

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October 30, 2020, 09:17:10 PM
 #43

I usually prefer to set the fee over 10 satoshis per byte which is the minimum for accelerating the unconfirmed BTC transactions on viabtc pool. Everything is easy and copying the transaction id is enough to finish the job. After the first confirmation, I will head to a gambling website and bet on the favorite match. Otherwise, the child pays for the parent method still works on the Electrum wallet and I can increase the fees too for the unconfirmed transaction.

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October 30, 2020, 09:22:49 PM
 #44

As long as how we consider a fee "as high".

If I really want to push for my bet, I will go whatever the fees. I'm doing gambling in the first place and not to be worried about the fees. It doesn't mean I'm fine at these high fees but if I'm comfortable with my bet, I can surely covered what I'm paying for fees.

But to clear things up, my 100% accurate response will just know once I get to that situation.

Paying up $20 or more? I highly doubt that someone will really be willing to do such decision.For rich people then they wont mind but for average gamblers that do only make out bets for penny amounts then this will really be a big issue for them yet not all would be willing to make out such transaction with horrendous fees and if they do saw a good bet then its just unfortunate that they can really make it out due to that reason but somehow if they can see other ways ex. betting with alts then that will be their last resort as long they can able to make out some bets.

I just cant believe that someone did really vote out for this option : I can't wait at all, I will ask a mining firm to help me as I can pay more fee.

Do they really believe that they can done such thing?

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October 30, 2020, 10:11:42 PM
 #45

As I couldn't complete the question in the title, below it is:

How far will you go when you sent btc to a site with high fee but could not get it into the site because either the fee was low based on that time or they credit it after some confirms. Fee has become the talk of crypto nerds and everyone thinks that it is already so high. What will happen when price is high and miners increase fee, mempool is clogged and you have your favorite winning bet available right there on the table but your btc is in your wallet and you want it to reach the gambling site anyhow to bet and win? Give your valuable opinions as they matter.
Really depends on how Confident you are of yourself or your betting strats. If you think you can win big and earn back the high fees you have paid initially then the most sensible answer is that you'll push for the bet. Regardless of if there are discrepancies you meet along the way. But if you think you're not gonna win, of course you'll second guess on pushing the bet.

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October 30, 2020, 10:26:02 PM
 #46

As I couldn't complete the question in the title, below it is:

How far will you go when you sent btc to a site with high fee but could not get it into the site because either the fee was low based on that time or they credit it after some confirms. Fee has become the talk of crypto nerds and everyone thinks that it is already so high. What will happen when price is high and miners increase fee, mempool is clogged and you have your favorite winning bet available right there on the table but your btc is in your wallet and you want it to reach the gambling site anyhow to bet and win? Give your valuable opinions as they matter.
Really depends on how Confident you are of yourself or your betting strats. If you think you can win big and earn back the high fees you have paid initially then the most sensible answer is that you'll push for the bet. Regardless of if there are discrepancies you meet along the way. But if you think you're not gonna win, of course you'll second guess on pushing the bet.

Yes, if you are like 99% sure that you will win for some reason, will pay for the high tx fee.
Since you are confident that you will win, then you can always get your money back, and more than your initial funds.
Also, before that game, if you have the chance to exchange your coins to other alts like maybe xrp or doge and the target casino site is accepting it, maybe that's your one option.
So anytime, you are ready to send it to them as the transfer of these alts is relatively cheap and fast.
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October 30, 2020, 10:29:54 PM
 #47

How far will you go when you sent btc to a site with high fee but could not get it into the site because either the fee was low based on that time or they credit it after some confirms. Fee has become the talk of crypto nerds and everyone thinks that it is already so high. What will happen when price is high and miners increase fee, mempool is clogged and you have your favorite winning bet available right there on the table but your btc is in your wallet and you want it to reach the gambling site anyhow to bet and win? Give your valuable opinions as they matter.

Man, you have RBF option, it's so easy to use it now (especially with Electrum) or CPFP (Child pay for parent). So if you're think you will win for sure, there is nothing which can stop you from getting your btc into site. No need to say that if site is down or it disabled deposit option your only way is to butthurt and nothing more  Cheesy

But bitcoin network it's not a problem at all

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October 30, 2020, 10:45:02 PM
 #48

If it is true that the match is really sure I will win, I will immediately choose to double spend it with a higher fee.
Because I don't want to be regret for missing my chance to win a bet that I am sure of the outcome. It will cost me
whatever it is to be able to bet on that match, and several times I have experienced that.

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October 30, 2020, 11:10:59 PM
 #49

In this situation, if in case sending btc would cost me more than the amount I’ll spend, I don't have an option but to wait. Just like the experience I encounter lately,  the transaction I made of sending btc to an online casino is too long to confirm. Even when you feel like winning the game it is not guaranteed the outcomes will be on your side. Betting the game is unpredictable possible our strategy will not in favor on us.
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October 30, 2020, 11:26:19 PM
 #50

As long as how we consider a fee "as high".

If I really want to push for my bet, I will go whatever the fees. I'm doing gambling in the first place and not to be worried about the fees. It doesn't mean I'm fine at these high fees but if I'm comfortable with my bet, I can surely covered what I'm paying for fees.

But to clear things up, my 100% accurate response will just know once I get to that situation.

Paying up $20 or more? I highly doubt that someone will really be willing to do such decision.

As long as I will pay by BTC, then I don't mind it. 10,000 satoshis can be $20 soon. Fees are high because others are calculating it by its USD value. My gambling capital came from my BTC holdings and not directly to my pocket cash money so not affected at all by these high fees in USD value.

If ever the BTC value increases as a fee, then that's the time I might think twice before sending it to a gambling site.
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October 31, 2020, 08:26:20 AM
 #51

That is so good if you have your funds ready in your account in advance, but this thread was made for those gamblers who miss out on the upcoming bets sometimes and accidentally see it the last minute and try to bet on it. Favorite teams or players, haha.  Grin

Inadvisable at any rate =p You gamble with what you can afford to lose, which is usually planned in advance. But yeah I get it. I've been there before. Played in a tournament where I ran out of funds before the end. Or at a poker tourney where I've progressed more than expected and think another buy-in's worth the shot so close to the winning spots...

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October 31, 2020, 11:03:58 AM
 #52

Double spend is a good option if you cannot wait, I have not done this I usually wait for my transaction to confirm I have a specific time to gamble and if there is a coming event that I want to bet I just deposit the day before the event, you can also hire transaction accelerator for a minimal fee they can get your transaction speed up, asking the operator is also good, provided that there is at least 2 confirmation already and you are a VIP and with a good standing in the platform.

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October 31, 2020, 11:26:28 AM
 #53

High fee you said? of-course i will ever go ahead to make any deposit irrespective of the fees. The bottom line is: will this gambling [bet] give the needed profits for the fee?, if yes, then am in already.

This scenario has happened to me sometime early this year, i friend set me a good bet in one of the oldest gambling platform here and ensured i bet it for win but merely looked at the bet i find some good opportunity for my win, so, i went ahead despite the fee and with all the risk to bet the games and i won at-last. High fee shouldn't stop anyone if the games are sure for a win.

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October 31, 2020, 11:28:58 AM
 #54

Once I gamble, I can't wait to bet, I want my money to instantly credit so I could start playing my bet.
I understand the current situation, the network is congested so I would not force to use bitcoin, instead I'll go with altcoins as it's cheaper and faster to confirm.

 
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October 31, 2020, 12:25:40 PM
 #55

Fees are a huge pain in the ass nowadays. Well, I never thought of asking some mining firm to do me some favor about such stuff though, I wonder, is that even a thing? I mean, is there anyone who go such length? But I might consider that option given that my favorite team was on the matchup. So maybe, yes, because if not, then I won't. I wouldn't bother myself about it.

Well, the last two options, tbh was the most plausible recourse among here, I'd say. Since there was no confirmation yet better shoot those fees a bit up, I wouldn't have to put extra effort into reaching some person (staff) anymore.

Well, If I am in no rush or itchy about the matchup, then maybe I'll have to wait.

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October 31, 2020, 12:41:26 PM
 #56

I will wait patiently, until the Bitcoin that I send arrives at the gambling site. Because it is the best choice in my opinion,
other options are very risky and could cost me more. After all, there is no certainty of winning in gambling. So if I miss
betting on that match, I will use it in another match.

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October 31, 2020, 12:47:28 PM
 #57

I will wait patiently, until the Bitcoin that I send arrives at the gambling site. Because it is the best choice in my opinion,
other options are very risky and could cost me more. After all, there is no certainty of winning in gambling. So if I miss
betting on that match, I will use it in another match.
Well, that is a good move.
For me, I will still hold in the motto [patience is a virtue] but in my case, I will just wait and if my bet didn't push through that is perfectly fine with me at least I still enjoy watching. I don't buy those high fees just to confirm my transaction though I regret it sometimes especially if supposedly win in my bet, -- I wouldn't mind it because for me gambling still remains as a form of entertainment that can give you happy moments or the other. But I am not against those who take gambling seriously because we always have individual differences and if it happens that I'm one of them I think I should do it as well paying higher fees to confirm my transaction in any betting platforms.









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October 31, 2020, 12:47:44 PM
 #58

Fees are a huge pain in the ass nowadays. Well, I never thought of asking some mining firm to do me some favor about such stuff though, I wonder, is that even a thing? I mean, is there anyone who go such length? But I might consider that option given that my favorite team was on the matchup. So maybe, yes, because if not, then I won't. I wouldn't bother myself about it.
i think why not try using other coins if BTC is in high fees when you are playing?IMO
Well, the last two options, tbh was the most plausible recourse among here, I'd say. Since there was no confirmation yet better shoot those fees a bit up, I wouldn't have to put extra effort into reaching some person (staff) anymore.

Well, If I am in no rush or itchy about the matchup, then maybe I'll have to wait.
also that is why many gamblers now are turn into cheaper currencies using to be materials in gambling at least cheap in price and cheap in fees as well.



but since you have already sent the amount,i think there are no option but to wait and use that coin to play.

having thoughts that this will never happen again as i will never play in that same site again lol.

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October 31, 2020, 01:01:28 PM
 #59

Of course this is what i will surely do

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I will go to the gambling website's support staff and ask them to credit my coins and let me play.

because there is no much better approach in this kind of problem is from the gambling site ends answering your queries .

And i believe since i only play in legit casinos then they will answer me ASAP so i can continue my betting.

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October 31, 2020, 01:48:18 PM
 #60

Some casino credit deposit instantly. So whenever I think to play with bitcoin, I deposit on those casino. Cause I know it may take longer time than expected. And waiting for a deposit is really irritate when I made my mind to play with that. Though occasionally I deposit btc to those casino where it needs confirmation to be credited in account. If bitcoin network become busy during this time, I will wait and watch, nothing else.

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