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Author Topic: Survey on fees in order to play on gambling games, please check this out! :)  (Read 377 times)
ufaiz50
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March 07, 2021, 11:49:04 AM
 #41

Everything also depends on the type of payment you want to make. If you pay with Bitcoins, a fee is inevitable. With fiat you sometimes pay no fee at all. If a bookmaker is big, I think they will pay for those fees themselves and not pass them on to the customers.

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March 07, 2021, 12:51:45 PM
 #42

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

The network fee is one of the burdens of gamblers and traders. I hope that they could add more options like Tron. Being charged with a high network fee is really a struggle for most of us and having other options would help us save a bit. I hope that things like this would be possible in the future.
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March 07, 2021, 03:14:42 PM
 #43

Done filling up the form. I'm interested to know too what will be the other solution to address this issue besides using coin with low transaction fee such as Tron and LTC.

My suggestion on OP survey is to have a built in exchange that caters a coin with low transaction fee. For example if a player use Bitcoin. He can send directly his BTC to the casino so that he will save some withdrawal fee if he convert his token rather than converting BTC to exchange then transfer to Casino.

They can use Tron USDT as convertible token on there exchange since the conversion is internal. There will be no convertion fee applied on the transaction.

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March 07, 2021, 03:26:01 PM
 #44

I know FJ offers one free withdrawal every week for their user and it may take few mins to hours to proceed your transaction no matter it is free or paid. And look at the most of the gambling sites they never mention instant withdrawals, they mention it ad high priority which means your transaction may be procceed faster but not immediately at that time when you wanted to withdraw.

FJ is not alone that allows one free withdrawal per week, NitrogenSports does that too. But I was talking about Sportsbet where I do not get charged anything whenever I withdraw my funds. Instant withdrawals are not allowed any more on those websites because the price of btc and eth is too high and even if they charge big, they cannot afford to send prioritized transactions and batch it up to earn big on those fees.
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March 07, 2021, 09:37:38 PM
 #45

I know FJ offers one free withdrawal every week for their user and it may take few mins to hours to proceed your transaction no matter it is free or paid. And look at the most of the gambling sites they never mention instant withdrawals, they mention it ad high priority which means your transaction may be procceed faster but not immediately at that time when you wanted to withdraw.

FJ is not alone that allows one free withdrawal per week, NitrogenSports does that too. But I was talking about Sportsbet where I do not get charged anything whenever I withdraw my funds. Instant withdrawals are not allowed any more on those websites because the price of btc and eth is too high and even if they charge big, they cannot afford to send prioritized transactions and batch it up to earn big on those fees.
They can really utilize this network issues or bloatup for them to make even more money with those fees this is why it would really be done in batch.

Based up on experience with FJ, it does have instant withdrawals but giving out an option neither those transaction would be in low or high priority.

Gambling sites are almost having instant withdrawals nowadays.Only a few do goes having normal processing.

R


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