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Author Topic: Survey on fees in order to play on gambling games, please check this out! :)  (Read 377 times)
Pali (OP)
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February 27, 2021, 10:25:22 PM
Last edit: April 11, 2021, 04:03:21 PM by Pali
 #1

Hello everyone,

As you know the rising network fees for bitcoin and ethereum have put a big strain on its very usability. Crypto was supposed to be better then the fiat systems of old. However with this growing issue the very idea on which bitcoin was founded is getting under stress. Solutions will eventually be created no doubt but in the meantime please take a moment of your time to answer any of these questions you want to answer. Fully anonymous.

https://forms.gle/GXa3KLi8o3uxu92w6


Please reply here if you have filled it out so others can see this topic!  Wink


















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February 27, 2021, 11:08:09 PM
 #2

Well, I have been answered your survey in the google sheet form you dropped above.
We know that there is a high fee that bothered us now while having a bitcoin transaction, and perhaps the only solution is those gambling sites owner should use Lightning Network so that we can modify the fees into the smallest one. Also, even a native segwit address, in that way, users can able to modify the fee as required on the network. Indeed right, --cryptocurrencies are very convenient to use and they can across all borders.









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February 27, 2021, 11:31:33 PM
 #3

Filled out the survey.
Notable mentions that you haven't included on  that form. This doesn't only limit out to Tron and Ltc and also you should include DOGE too.
When it comes to Bitcoin fees are high then theres no viable option but to switch up to alts. Its up to someone if he would continue to
make use of BTC aspite of the current high fees.
Always set to dynamic fees and making some option for gamblers neither they do like on slow or fast confirmation withdrawals.

R


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February 27, 2021, 11:36:48 PM
 #4

Filled out the survey.
Notable mentions that you haven't included on  that form. This doesn't only limit out to Tron and Ltc and also you should include DOGE too.
When it comes to Bitcoin fees are high then theres no viable option but to switch up to alts. Its up to someone if he would continue to
make use of BTC aspite of the current high fees.
Always set to dynamic fees and making some option for gamblers neither they do like on slow or fast confirmation withdrawals.

you can put doge in others. maybe the OP is a fan of TRON and LTC here.  Tongue

btw, what is the main goal of the OP why he is doing this survey? are you going to suggest to these casinos whatever you can come up here? or just getting the sentiments of players here in the forum towards gambling fees and such?

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February 27, 2021, 11:54:21 PM
 #5

Filled out the survey.

Fees have a very huge impact on one's gambling strategy especially if they don't have a lot in their account. I think for now POS blockchains like EOS, TRON are suitable for gambling with a few POW blockchains like Doge that still require less fess.

I also like platforms that offer different fee rate withdrawal options and not just flat fee rates that are the same from January to December despite price changes in the market

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February 27, 2021, 11:57:46 PM
 #6


btw, what is the main goal of the OP why he is doing this survey? are you going to suggest to these casinos whatever you can come up here? or just getting the sentiments of players here in the forum towards gambling fees and such?

He might have the plans on building a crypto gambling site for him to know on what is the preference of most people on this forum or who do gamble out on this place.Knowing those piece of information would really be helpful for an owner who do tend to create one.Am i right OP?

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February 28, 2021, 12:37:17 AM
 #7

This is a problem that is giving a lot to talk about, it would be fabulous if apart from implementing LN, they include cryptocurrencies such as TRX, BNB and Doge, which is necessary at this point for platforms to implement their internal exchanges. Of course, if you want anonymity, Monero would certainly be the other solution.

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February 28, 2021, 12:41:35 AM
 #8


btw, what is the main goal of the OP why he is doing this survey? are you going to suggest to these casinos whatever you can come up here? or just getting the sentiments of players here in the forum towards gambling fees and such?

He might have the plans on building a crypto gambling site for him to know on what is the preference of most people on this forum or who do gamble out on this place.Knowing those piece of information would really be helpful for an owner who do tend to create one.Am i right OP?

Or he could be working closely with some casino's already or someone commissioned him to have this survey to better offer services to us gamblers. We all know that high fees right now is a big issue not just for us but for casino's as well.

In any case I have filled the survey and hopefully it will help in the decision making. It will be better if the gamblers themselves will set the fees when they are withdrawing.

R


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February 28, 2021, 01:57:21 AM
 #9

Filled out the survey.

It seems you didn't add other alts on the form to choose and they are right adding dogecoin as one of the crypto that can be used on gambling platforms. I have tried gambling on a site that accepts dogecoin and so I used dogecoin to deposit and withdraw since the fees are lower compared to eth and btc.

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February 28, 2021, 02:50:19 AM
 #10


Please reply here if you have filled it out so others can see this topic!  Wink

Although you have designed a good form but i have not fill the form yet. More importantly, what will be the outcome of this data ? Will you compile this data and share with the gambling sites ?
I don't see any benefit in filling the form as our problems of high fee will remain as it is, unless you have any plan to do with this data.
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February 28, 2021, 03:56:46 AM
 #11

But there is no clear explanation what is the motive of this Thread , and checking the survey form it is not really anonymous at all and there is no clarification about the objectives of the said survey.


So please mind clearing us out ? because it is important for us to know what does it mean and you are not just using our answers in your own benefit for what reason , well i don't really know.









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February 28, 2021, 04:16:24 AM
 #12

Today I made a deposit of 800 Tron to the Stake gambling site. The deposit was instant and the transaction fee was really low compared to bitcoin and ethereum. I ended up losing the entire amount. For Gamblers who make regular withdrawal and deposit can give preference to tron over other cryptocurrencies, if fee is a big concern on their wager/deposit/withdrawal.
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February 28, 2021, 07:57:24 AM
 #13

Well, I do fill out the form you've given.

It's obvious people will prefer low transaction fees and if ever a gambling site offers on-chain transactions with low fee and fast execution coins/tokens that site will surely be popular. I guess the mainstream coins/tokens to be added on a gambling site was either DOGE, EOS or TRON, I firmly believe these coin/token is fast and has low transaction fee.
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February 28, 2021, 08:06:56 AM
 #14

Hello everyone,

As you know the rising network fees for bitcoin and ethereum have put a big strain on its very usability. Crypto was supposed to be better then the fiat systems of old. However with this growing issue the very idea on which bitcoin was founded is getting under stress. Solutions will eventually be created no doubt but in the meantime please take a moment of your time to answer any of these questions you want to answer. Fully anonymous.

https://forms.gle/GXa3KLi8o3uxu92w6


Please reply here if you have filled it out so others can see this topic!  Wink

I have filled the form and given my honest answers / opinion. Now what's next ?  I wished we as a community could force the gambling sites to reduce the withdrawal fee or make them free, after all they earn so much money from us.

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February 28, 2021, 10:31:52 AM
 #15



I also like platforms that offer different fee rate withdrawal options and not just flat fee rates that are the same from January to December despite price changes in the market

One of the gambling site that offers flexible option is Betfury I always pick the slow option that offers much lower fees,
Slow option
Time taken - up to 24h
Transaction fees - 0.000075 BTC

Fast Option
Time taken - 0-2 Hours
Transaction fees - 0.00025 BTC

I just use a free accelerator to help me confirmed my transactions and I always received my withdrawal below 24 hours,


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February 28, 2021, 10:32:57 AM
 #16

I filled out the survey, but I think that the questions are quite limited and don't allow to share the whole view. Namely, the fees are a problem for me only if I decide to deposit or to withdraw. While I'm placing some bets, I can make them as small as I want because it's all done internally on the website, so there's no need to pay any huge transaction fees. So when the fees are very high (like they are right now), I'd just refrain from depositing or withdrawing money from a website, and would use the money that's already there. And also, the last question asks the maximum fee in dollars, but I think it should not be limited to a fixed amount, but instead take into account the percentage. $5 for a $10 bet is a lot, but $5 for a $500 bet seems totally fine.

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February 28, 2021, 11:33:15 AM
 #17



I also like platforms that offer different fee rate withdrawal options and not just flat fee rates that are the same from January to December despite price changes in the market

One of the gambling site that offers flexible option is Betfury I always pick the slow option that offers much lower fees,
Slow option
Time taken - up to 24h
Transaction fees - 0.000075 BTC

Fast Option
Time taken - 0-2 Hours
Transaction fees - 0.00025 BTC

I just use a free accelerator to help me confirmed my transactions and I always received my withdrawal below 24 hours,

Good figures above but still it's annoying to see such conditions with top alts today.

That's why the better solution to avoid this slow and high fee transaction is to add the coin who have lesser fee since I'm sure many gamblers are upset now for paying a tremendous fees for transacting the major alts these days.

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February 28, 2021, 11:39:47 AM
 #18

Fees are not an issue for me, because I jump between the different Alt coins that are on offer at the different casinos. If a online Crypto casino only accept Bitcoin (BTC) ....I opt not to use it, because any Crypto casino worth the effort will have several Alt coins on offer.

The most common Alt coins are Eth / LiteCoin / Doge / Xrp and even TRON. Some casinos even have services to convert between the different coins. (So you use a Alt coin with a super fast confirmation time and low fees for the deposit and you withdraw in Bitcoin BTC)  Wink

Survey was easy and fast .... no effort at all.  Grin


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February 28, 2021, 11:55:50 AM
 #19

Hello everyone,

As you know the rising network fees for bitcoin and ethereum have put a big strain on its very usability. Crypto was supposed to be better then the fiat systems of old. However with this growing issue the very idea on which bitcoin was founded is getting under stress. Solutions will eventually be created no doubt but in the meantime please take a moment of your time to answer any of these questions you want to answer. Fully anonymous.

https://forms.gle/GXa3KLi8o3uxu92w6


Please reply here if you have filled it out so others can see this topic!  Wink
Not to answer a certain poll in survey form , while you can just Put in the Poll here in forum your question.



and about the solution you are mentioning ? You can help having that without our answers so what's this all about?

But regarding to the average Fee i use to pay now using Bitcoin and ETH? i spent at least 8-14$ each time with the high fee now.

and also about the coin I'm playing ? it is ETH so far but i also go to some site that has Dogecoin or at least XRP.


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February 28, 2021, 11:57:26 AM
 #20

Although you have designed a good form but i have not fill the form yet. More importantly, what will be the outcome of this data ? Will you compile this data and share with the gambling sites ?
^ The same here, I visited the form but I did not answer the survey. What is the benefit of the site or a gambling site to this survey or what is the purpose, it is for good or probably for bad/fraud, I hope that is not. Nevertheless, it is basic information to know about the transaction fees. Even Fortunejack that has a free withdrawal fee can still manage if they wanted to lower the fees or for free. Nevertheless, there are altcoins that has a lower fee than BTC, I suggest TRON since TRON network has lower fees than other blockchain networks.
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