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Author Topic: Eth Berlin Upgrade and Gambling  (Read 575 times)
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April 15, 2021, 09:25:23 AM
 #1

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

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April 15, 2021, 09:40:24 AM
 #2

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

Gamblers' activity won't stop even at a high fee. Any fee upgrade won't change it.

It's a big bonus for them to see such low fees for ETH but regardless, they will still continue to gamble.

Those people who are playing tokens within the ETH network will be glad on that news more.

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April 15, 2021, 10:24:34 AM
 #3

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
I'm Not sure what does that Ethereum Berlin will brings to the gambling industry but what i know is gamblers continues to gamble even without using Ethereum and even Bitcoin,
there are many coins that has been accepted in Other site so why does focusing in this event when there are already existing ways to play without being troubled of this Fees from ETH network?

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April 15, 2021, 10:54:03 AM
 #4

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

we will see an increase in traffic coming from the eth gamblers after this update because they prolly woke up after a long inactivity in gambling caused by increased in fees  . theres no major change in the gambling site that supports multi currency because gamblers already learned using cheaper currencies even before but if there will be massive traffic , that can be found in exchanges because many are now going to sell thier eth and eth based tokens  .
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April 15, 2021, 11:07:09 AM
 #5

It will still be the same, I think it will remain although there might be slight increase it will surely be like the same as ever, many people now tend to rely on gambling so much that they are willing to lose all just to play their favorite game, whenever it may be casino or sports bets,

But with the ETH berlin upgrade, I am hoping for a faster transaction and a low gas fee on most transactions of all ETH blockchain, regarding what happens most upgrades can have good and bad side effects we just need to wait and think for the best to happen.
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April 15, 2021, 11:41:12 AM
 #6

I don't see what stops people from gambling with the Berlin update, I mean if people want to gamble, it wouldn't really matter because everyday for them in terms is gambling is still the same, it just so happens that Ethereum fees are high so they have to roll with the punches, if you know what I'm saying.
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April 15, 2021, 11:42:41 AM
 #7

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

The Berlin hardfork has already taken place on block #12244000 (https://etherscan.io/block/12244000) and as you can see on https://etherscan.io/gastracker the price of gas as well as the cost of transactions in dollar equivalent has not changed that much.

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April 15, 2021, 11:54:30 AM
 #8

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

If the gamblers didn't mind playing with ETH during the current high fees situation, it's highly unlikely for them to stop using ETH when the fees is low. Instead, you can expect more players to use ETH for gambling activities. Exactly opposite will happen to what you are thinking. Btw, do they have a timeline for Berlin upgrade?

I have so many token which I want to move to exchange but didn't do it due to high fees.

Update: the Berlin hardfork has gone live today!

https://decrypt.co/66569/berlin-hard-fork-live-promises-reduce-sky-high-ethereum-fees

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April 15, 2021, 12:02:06 PM
 #9

It's just going to be the usual thing even with that update.

Gamblers will remain as what they've been doing and if they want to gamble with Ethereum, they will do it. But if they find it to be worth it to hold and use other alts for their gambling activities then they'll keep it.

But for the gamblers that don't have a choice and they only have ETH, they'll continue no matter what's with the update.

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April 15, 2021, 12:07:00 PM
 #10

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

Maybe that would help a bit, but peopel area already practical now, they choose other altcoins that does not charge big fees, and gambling sites understands that, reason they are adding more altcoins deposit option. That would good for the entire ETH ecosystem, and of course it would also help gamblers who bet big time in gambling but majority are trusting more cheaper coins to save fees.
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April 15, 2021, 01:36:47 PM
 #11

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
Well fees are a big problem.20$ and up is a lot on eth. Better now to deposit with segwit bitcoin cheaper. Or other alts like litecoin or so
This needs to change with that update. Fees must be a lot lower

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April 15, 2021, 01:41:28 PM
 #12

People will still gamble no matter if the transaction fees are not down. Luckily, we are in the crypto world, which we have so many altcoins that we can use to gamble. Even if the next update from ethereum can not solve the transaction fees, people will select the other coins such as trx, doge, eos, and other coins to gamble. They know how to avoid the higher fees in the transaction to choose the coin they like. If the ethereum update can really reduce the transaction fees, maybe people will come back to use ethereum.

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April 15, 2021, 02:42:37 PM
 #13

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
I really expect the Berlin upgrade to bring a small boost to gambling with ethereum, we know that one of the main purposes of that upgrade is to reduce the fees that people need to pay in order to move their coins from one address to another and while the main intention behind the upgrade is to benefit those that are holding tokens that move over the ethereum network this is going to have the side benefit of reducing the fees of those that like to gamble with ethereum.
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April 15, 2021, 02:43:39 PM
 #14

Let see if the Berlin hard fork upgrade pushes down the ethereum network transaction fee, then gamblers will find the coin more appealing, let see the general outcome of the Berlin hard forks before we evaluate appropriately whether gamblers will find it as a substitute to other coins to gamble with. If the transaction fees problem in the ethereum network gets solved with the April 15th Berlin upgrade, that will give the coin more adoption in the general cryptocurrency space because of its unique features.
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April 15, 2021, 08:35:50 PM
 #15

As some posts mentioned above the berlin hard fork was already live but there is not much difference so far, the current gas price is around 80-90+ gwei (as of writing), according to ETH price it's around $4+ USD per transaction. For small players who just gamble with tens of dollars and it's considered as high I guess, no wonder if people still tend to gamble with others altcoin such as ltc, trx, or doge.
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April 15, 2021, 08:46:27 PM
 #16

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

Some gamblers are surely concern about the fees but that reason won't stop them from doing gambling. It's been a while now that most people are using other cryptos instead aside from BTC and ETH for deposits and withdrawals.

But anyhow, it's good to see that we might see again those days wherein transacting within the ETH network is cheap, if not, then convenient. Miss those days.

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April 15, 2021, 08:59:46 PM
 #17

are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
If they can lower the fees as if on TRX/EOS chain, yes, casual gamblers will play more using ETH. But they won't increase their gambling frequency since they can use cheap coins anyway. Lots of casinos now support multiple coins, so gamblers don't really care about ETH IMO.

And as of today, the transaction fees are about $4, so it won't change anything.

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April 15, 2021, 09:32:13 PM
 #18

are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
By *are people going to gamble more* I believe you are referring to gambling more with eth currency, right?
If the transaction prices really decrease, as it was expected before the upgrade, there is a good chance we are going to see more bets made with eth from now on. However, if the gas keeps expensive I don't see any changes going to happen in gamblers' behavior. With so many altcoins options, ethereum must reduce fees to become attractive again for gamblers, and if it isn't able to do this I admit it will be quite frustrating after so much expectation.

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April 15, 2021, 09:53:25 PM
 #19

And as of today, the transaction fees are about $4, so it won't change anything.

Within the ETH network? That was cheap and gamblers won't mind that.

But I agree, most gambling sites already support lots of coins making ETH not a priority coin, at least, for deposits and withdrawals at these sites.

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April 15, 2021, 09:54:37 PM
 #20

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
There might be some significant decrease of players who do make use of ETH as their main coin on playing gambling but there are still who do stick out
on using it inspite of the high fees that we are experiencing and if this Eth Berlin upgrade would do make out some changes in terms of fees then
people would normally be coming back for those who do prefer on using ETH into their gambling habits or activities.Its just good that they do make
out some solution in regards to this manner because lots do make out complaints in regards to this.

R


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April 16, 2021, 10:38:26 AM
 #21

And as of today, the transaction fees are about $4, so it won't change anything.
Within the ETH network? That was cheap and gamblers won't mind that.
this 4 dollars fee in eth is cheaper than the past 20+ dollars fees it have .
 berlin update does help decreasing eth fees .
some gamblers will now bet using eth  but for the cheap gamblers the 4 dollar fee is still high and they will need to wait for another decrease in fee but they can continue gambling using small coins .
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April 16, 2021, 11:05:03 AM
 #22

As far as I know, the Berlin upgrade will not directly reduce the fees, but it is an important step before the developments that will lead to this. We have to hold on tight until ETH2.0 comes.

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April 16, 2021, 11:10:37 AM
 #23

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
It seems that most of the gambling sites have started implementing new coins to be able to accept deposits for their members at a lower cost than the current ETH gas.

Indeed in the world of gambling Bitcoin and Ethereum are the number one asset access in every gambling, but if the problem of shipping costs are always high, I am sure that in the future Eth becomes a spectacle on every gambling site, people may be more inclined to make deposits with transaction fees in cheaper coins.

I have seen many gambling sites that choose the coins they put on their gambling site.

R


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April 16, 2021, 12:39:43 PM
 #24

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
We have seen high rise in the number of crypto gamblers during the past year even when the gas was high and network was congested because the gamblers who are addicted don't care about the fees if they win huge or if the winning amount is small the casino don't support only one altcoin and there are different altcoins options available with them with low fees but liquidity maybe a concern for which you can use Uniswap.But due to the eth upgradation the fees may or may not get reduce but one thing is for sure that gamblers will always like to place bet because it is habit which is not easy to leave.

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April 16, 2021, 01:33:44 PM
 #25

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

I don't think gamblers who play in casinos which support multiple altcoins as currency are affected by the fees as they can choose the coin with the less fees.Ethereum fees has become higher relatively as of lately but they are still cheap compared to Bitcoin.I think gamblers will play the same amount and the Eth upgrade won't show any important impact in gamblers playing more because of the lower fees.

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April 16, 2021, 07:49:53 PM
 #26

Within the ETH network? That was cheap and gamblers won't mind that.
Cheap compared to? Average ETH fees? I'm might be a cheap gambler since $4 can turn into $500 in slots (my record luck). Everyone I know uses XRP or TRX for gambling nowadays because it's blazing fast and cheap transaction.

We have to hold on tight until ETH2.0 comes.
We You and your friend maybe, lol.
I want to play nowGrin

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April 16, 2021, 08:42:06 PM
 #27

Is this update relevant or just a joke?  https://etherscan.io/gasTracker


Low
175 gwei
$9.01 | ~ 13 mins:55 secs

Average
187 gwei
$9.63 | ~ 30 secs

High
262 gwei
$13.49 | ~ 30 secs


According to this: https://decrypt.co/66569/berlin-hard-fork-live-promises-reduce-sky-high-ethereum-fees

Promises to Reduce sky-high Gas cost my ass.

R


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April 17, 2021, 06:47:32 AM
 #28

I suppose it would just be the same, besides there are literally dozens of crypto coins being used in gambling, not just eth. There might be a slight initial surge for eth gamblers but nothing major I think. What would probably go up is the amount of transactions for defi swaps and nft's.

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April 17, 2021, 07:33:01 AM
 #29

Is this update relevant or just a joke?  https://etherscan.io/gasTracker


Low
175 gwei
$9.01 | ~ 13 mins:55 secs

Average
187 gwei
$9.63 | ~ 30 secs

High
262 gwei
$13.49 | ~ 30 secs


According to this: https://decrypt.co/66569/berlin-hard-fork-live-promises-reduce-sky-high-ethereum-fees

Promises to Reduce sky-high Gas cost my ass.
That still too high for one transaction, but if the ethereum price is very high for about $3,000 or more, the transaction may make sense. But still, that is too expensive fees that the gambler should pay for playing gambling using ethereum. They will still use the other altcoin, which has a cheap transaction fee so they can play for some time. But let's wait for the next update from them because I guess that is just too early to see the fees now.

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April 17, 2021, 08:22:20 AM
 #30

Gamblers are the only cryptocurrency users who never think about the transaction fee and all. During the Berlin update the transactions delayed and some stuck to the network. This was notified by the gambling support team and now everything is on track. So, the Berlin update on ETH is going to make more active usage of ethereum.
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April 17, 2021, 08:22:49 AM
 #31


EIP1559 did not include reducing ETH max supply and miners still have the control for fees, not sure which degree of control. but then anyway, reducing to $4 per transaction fee is enough at least it's not more than $25. i guess it's worth it for the defi projects to be hyped again.

gamblers actually move to some other tokens to save from fees like XRP and TRX. this bull market had made these tokens worth using as well because the prices are also moving up.









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April 17, 2021, 09:29:51 AM
 #32

As far as I know, the Berlin upgrade will not directly reduce the fees, but it is an important step before the developments that will lead to this. We have to hold on tight until ETH2.0 comes.
That’s also my thoughts upon seeing the news about Berlin, it may not affect directly but hopefully we’re near from having a cheaper ETH network again. Beside, I don’t think gamblers stopped playing because of a high fees, maybe they just look for alternatives bust most gambler didn’t mind paying fees because they are the high rollers, small time gambler really need a cheaper options, let’s all see if ETH 2.0 will succeed on reducing the fees.

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April 17, 2021, 09:34:03 AM
 #33

Same old story.
Low fees was only because of that bug so I don't see any change here and gas is currently around 200 gwei or around $10 for normal transaction.
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April 17, 2021, 10:04:11 AM
 #34

I was talking with my colleagues which I maintain their mining rigs and they were expecting this upgrade to bring a much higher price than the actual one?Only guessing or is there is something else we need to know about this upgrade?

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April 17, 2021, 10:15:07 AM
 #35

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
If at as February, 2021 when the entheruem fees was very high people still gamble with the same ethereum then there will be more push into gamblers using the ethereum for gambling when the fees drop again.   Basically people don't border about the fee of a particular coin if they are interested in gambling with it. People still gamble with Bitcoin and ethereun currently becasue of their love toward the games. The Berlin upgrade will do more to ethereum price booms this time.

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April 17, 2021, 10:57:53 AM
 #36

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
^ In my own gamblers do not even care if the fees are high. But having low fees would definitely be appreciated.
I can tell that after the update, there is a lot of good problems that will incur. One of them is having big traffics, time efficiency might be something we are going to have an issue as well. Probably, no matter what happens gamblers will always choose to placebos regardless. Those fees are like their orbits to the server.  Nevertheless, as long as we have platforms where we can enjoy playing that is enough for us.
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April 17, 2021, 11:07:46 AM
 #37

I suppose it would just be the same, besides there are literally dozens of crypto coins being used in gambling, not just eth. There might be a slight initial surge for eth gamblers but nothing major I think. What would probably go up is the amount of transactions for defi swaps and nft's.
but not all of the coins you calling are already welcome to other sites , actually they are adding some time after time and not instantly added when they are starting because almost every gambling sites starts with Bitcoin and Ethereum meaning these will be the great entry to push gamblers trust again to use ETH.
I was talking with my colleagues which I maintain their mining rigs and they were expecting this upgrade to bring a much higher price than the actual one?Only guessing or is there is something else we need to know about this upgrade?
Same looks for me , this will add value and not just to favor the gambling world in crypto.









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April 17, 2021, 11:15:42 AM
 #38

~snip
That still too high for one transaction, but if the ethereum price is very high for about $3,000 or more, the transaction may make sense. But still, that is too expensive fees that the gambler should pay for playing gambling using ethereum. They will still use the other altcoin, which has a cheap transaction fee so they can play for some time. But let's wait for the next update from them because I guess that is just too early to see the fees now.

yeah, there is a minimum 21000 gas for transaction, and it will go up with ETH price, that is for certain
nevertheless, I expect fees to go down from July, these EIPs will just improve animalities, when people have to pay 300 for gas, and average would still be around 100, I presume, until July, when I expect to see it below 50, with EIP-1559 and L2 solutions developed
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April 17, 2021, 11:51:47 AM
 #39

My fees on ETH have always been low at all the casinos I use,,, and I believe there are usually only issues with BTC withdrawal not others. Even when it was $200 per transaction supposedly I could withdraw my ETH for only a fixed price of 0.001 ETH. It seems high now at $2.50 but ETH was not always priced at 2500:)

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April 17, 2021, 05:11:35 PM
 #40

I don't think that ETH Berlin hard fork upgrade will affect the frequency of gambling. Those who want to gamble always gamble, and high fees aren't much of a contributing factor here. Plus many casinos offer other options, different altcoins, so when the fees are skyrocketing you can switch to them.
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April 18, 2021, 02:15:40 PM
 #41

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

I don't think gamblers who play in casinos which support multiple altcoins as currency are affected by the fees as they can choose the coin with the less fees.Ethereum fees has become higher relatively as of lately but they are still cheap compared to Bitcoin.I think gamblers will play the same amount and the Eth upgrade won't show any important impact in gamblers playing more because of the lower fees.
I still think it is going to have an effect, even if you are right and savvy gamblers can gamble with any coin that they want converting your BTC or ETH to another coin costs money so if the fees of an ETH transaction are cheaper than the fees of converting your coins to yet another coin and then send it to the casino then people will desire to use ETH, also many people are lazy and they do not want to do this so they will see some savings already with this upgrade and will increase the money that goes to the casino.
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April 18, 2021, 03:06:01 PM
 #42

I don't think that ETH Berlin hard fork upgrade will affect the frequency of gambling. Those who want to gamble always gamble, and high fees aren't much of a contributing factor here. Plus many casinos offer other options, different altcoins, so when the fees are skyrocketing you can switch to them.
You are right. Gamblers do not care about that because if they use crypto to gamble, they will find out how to still gamble and use the other alternative coins they already knew before. That will not impact them, and if the fees can really reduce because of that update, that will be good for them because they can back to use ethereum. But if it is not, they will still choose their favorite coins to gamble. But we hope this update can affect and reduce the fees and if that happens, it could lift ethereum price to the next high price.

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April 18, 2021, 04:50:06 PM
 #43

Is this update relevant or just a joke?  https://etherscan.io/gasTracker


Low
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According to this: https://decrypt.co/66569/berlin-hard-fork-live-promises-reduce-sky-high-ethereum-fees

Promises to Reduce sky-high Gas cost my ass.
That still too high for one transaction, but if the ethereum price is very high for about $3,000 or more, the transaction may make sense. But still, that is too expensive fees that the gambler should pay for playing gambling using ethereum. They will still use the other altcoin, which has a cheap transaction fee so they can play for some time. But let's wait for the next update from them because I guess that is just too early to see the fees now.
It really doesn't make sense to gamble with ethereum in such conditions. Imagine small gamblers depositing 50$-100$ to play.
They will have to pay 20%-10% of their total bankroll only in fees to be able to start playing, while there are much cheaper altcoins options that are also accepted by many different crypto casinos. Ethereum is only worthful for very big transactions right now.

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April 18, 2021, 05:30:29 PM
 #44

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

I don't think that it will create that big of an impact on the gambling platform. This upgrade is a huge benefit for traders though.
The Defi platforms will save a lot on fees since it would be decreased now.
For gamblers it would be more or less the same thing because they just deposit once and gamble with it until all of it is wiped.

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April 19, 2021, 06:37:33 AM
 #45

==
It really doesn't make sense to gamble with ethereum in such conditions. Imagine small gamblers depositing 50$-100$ to play.
They will have to pay 20%-10% of their total bankroll only in fees to be able to start playing, while there are much cheaper altcoins options that are also accepted by many different crypto casinos. Ethereum is only worthful for very big transactions right now.
They will convert their money into other altcoins to avoid paying high fees. Besides that, they are only playing gambling and want to have fun without chasing the winning. If they can use the other altcoins, which have a low fee, they will have more money to gamble and with some limitations, that will help them have fun and enjoy the game. Ethereum and bitcoin will be the best coin to hold right now and do not use for gamble.

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April 21, 2021, 03:15:33 PM
 #46

It really doesn't make sense to gamble with ethereum in such conditions. Imagine small gamblers depositing 50$-100$ to play.
They will have to pay 20%-10% of their total bankroll only in fees to be able to start playing, while there are much cheaper altcoins options that are also accepted by many different crypto casinos. Ethereum is only worthful for very big transactions right now.
But it depends, if ethereum is the only coin you are holding such fees may seem to be too high when we think of such capital however how much money is going to cost to send your ETH to an exchange, convert it and then send it to a casino, and that is assuming the casino in which you want to gamble accepts transactions directly from exchanges, if you are gambling in a casino that does not then you need to add an additional step and send it to a wallet you control and then to the casino, such are movements bound to be more expensive so in that case it is better to just take the high fees of ethereum instead of doing all of that.
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April 21, 2021, 09:20:52 PM
 #47

My fees on ETH have always been low at all the casinos I use,,, and I believe there are usually only issues with BTC withdrawal not others. Even when it was $200 per transaction supposedly I could withdraw my ETH for only a fixed price of 0.001 ETH.

I will assume that was before the Berlin upgrade right? Mind telling us what casinos are these?

ETH withdrawal is being avoided since then so like to know what sites are these that still friendly despite the high gas fees.

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April 21, 2021, 09:51:39 PM
 #48

It really doesn't make sense to gamble with ethereum in such conditions. Imagine small gamblers depositing 50$-100$ to play.
They will have to pay 20%-10% of their total bankroll only in fees to be able to start playing, while there are much cheaper altcoins options that are also accepted by many different crypto casinos. Ethereum is only worthful for very big transactions right now.
But it depends, if ethereum is the only coin you are holding such fees may seem to be too high when we think of such capital however how much money is going to cost to send your ETH to an exchange, convert it and then send it to a casino, and that is assuming the casino in which you want to gamble accepts transactions directly from exchanges, if you are gambling in a casino that does not then you need to add an additional step and send it to a wallet you control and then to the casino, such are movements bound to be more expensive so in that case it is better to just take the high fees of ethereum instead of doing all of that.
On this case it would probably worth to invest some fiat from your pocket into crypto currency in order to gamble, because even if ethereum is the only coin you are holding you will still have to pay a lot of fees (and waste money) to play, moving it to an exchange or not. Nowadays the best thing to do is to let eth idle on the wallet or invested somewhere else to avoid wastes.
Ethereum is only interesting to transact in big volumes and for most gamblers I think it's not interesting. Besides not having such amounts disponible to play, they can also lose control towards so much money in front of their eyes and gamble all at once.

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April 21, 2021, 10:07:29 PM
 #49

My fees on ETH have always been low at all the casinos I use,,, and I believe there are usually only issues with BTC withdrawal not others. Even when it was $200 per transaction supposedly I could withdraw my ETH for only a fixed price of 0.001 ETH.

I will assume that was before the Berlin upgrade right? Mind telling us what casinos are these?

ETH withdrawal is being avoided since then so like to know what sites are these that still friendly despite the high gas fees.
I would like to know as well where the fees hadnt go below $5 on where it is been staying up almost hitting $10 per transaction even with before Berlin update.

Now the current fees is $7 in minimum which i cant really believe that there are casinos who patch up fees with $2 rate and wondering if those would really be that confirmed fast?

For sure it would really be a several days pending depending on the network congestion so its not really that appealing.

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April 21, 2021, 10:15:46 PM
 #50

It really doesn't make sense to gamble with ethereum in such conditions. Imagine small gamblers depositing 50$-100$ to play.
They will have to pay 20%-10% of their total bankroll only in fees to be able to start playing, while there are much cheaper altcoins options that are also accepted by many different crypto casinos. Ethereum is only worthful for very big transactions right now.
But it depends, if ethereum is the only coin you are holding such fees may seem to be too high when we think of such capital however how much money is going to cost to send your ETH to an exchange, convert it and then send it to a casino, and that is assuming the casino in which you want to gamble accepts transactions directly from exchanges, if you are gambling in a casino that does not then you need to add an additional step and send it to a wallet you control and then to the casino, such are movements bound to be more expensive so in that case it is better to just take the high fees of ethereum instead of doing all of that.
On this case it would probably worth to invest some fiat from your pocket into crypto currency in order to gamble, because even if ethereum is the only coin you are holding you will still have to pay a lot of fees (and waste money) to play, moving it to an exchange or not. Nowadays the best thing to do is to let eth idle on the wallet or invested somewhere else to avoid wastes.
Ethereum is only interesting to transact in big volumes and for most gamblers I think it's not interesting. Besides not having such amounts disponible to play, they can also lose control towards so much money in front of their eyes and gamble all at once.

with so many reputable casinos to choose from and each of them are offering a lot of alts choices, a gambler even a small timer should not have any problem playing these days. eth is just one of the choices to play with. and with their high fees, you can always opt for other alternatives. just check your casino you want to gamble with and send coins that you want to use.
but of course for eth holders, they want to use it but not practical at the moment. maybe wait for the effect of this berlin hard fork this month and see if there will be improvement in gas efficiencies.

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April 21, 2021, 11:21:45 PM
 #51

It really doesn't make sense to gamble with ethereum in such conditions. Imagine small gamblers depositing 50$-100$ to play.
They will have to pay 20%-10% of their total bankroll only in fees to be able to start playing, while there are much cheaper altcoins options that are also accepted by many different crypto casinos. Ethereum is only worthful for very big transactions right now.
But it depends, if ethereum is the only coin you are holding such fees may seem to be too high when we think of such capital however how much money is going to cost to send your ETH to an exchange, convert it and then send it to a casino, and that is assuming the casino in which you want to gamble accepts transactions directly from exchanges, if you are gambling in a casino that does not then you need to add an additional step and send it to a wallet you control and then to the casino, such are movements bound to be more expensive so in that case it is better to just take the high fees of ethereum instead of doing all of that.
On this case it would probably worth to invest some fiat from your pocket into crypto currency in order to gamble, because even if ethereum is the only coin you are holding you will still have to pay a lot of fees (and waste money) to play, moving it to an exchange or not. Nowadays the best thing to do is to let eth idle on the wallet or invested somewhere else to avoid wastes.
Ethereum is only interesting to transact in big volumes and for most gamblers I think it's not interesting. Besides not having such amounts disponible to play, they can also lose control towards so much money in front of their eyes and gamble all at once.

with so many reputable casinos to choose from and each of them are offering a lot of alts choices, a gambler even a small timer should not have any problem playing these days. eth is just one of the choices to play with. and with their high fees, you can always opt for other alternatives. just check your casino you want to gamble with and send coins that you want to use.
but of course for eth holders, they want to use it but not practical at the moment. maybe wait for the effect of this berlin hard fork this month and see if there will be improvement in gas efficiencies.
You can choose up neither TRX or DOGE which is commonly can be seen on most gambling site nowadays which means it wont really be that much of a problem
if you are really after on playing gambling although you would be using other coins which would really make you to play without worrying about fees.
Dont know on why people do keep on complaining about fees and gambling if they can really see another alternative.

R


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April 22, 2021, 12:34:38 AM
 #52

maybe wait for the effect of this berlin hard fork this month and see if there will be improvement in gas efficiencies.

The improvement might take several months or even years. Hopefully, it will as not just for gambling but I have lots of tokens residing in ERC20 network.

For me, just forget ETH in terms of using it on gambling as there are lots of options to choose from that can save our pockets to pay on more fees.
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April 22, 2021, 02:38:48 PM
 #53

For me, just forget ETH in terms of using it on gambling as there are lots of options to choose from that can save our pockets to pay on more fees.
I see it the same way, there are already enough alternatives to the ETH Blockchain, especially in terms of low transaction fees and throughput of the Blockchain. I don't see why a new casino (or a new game) should start on Ethereum at all.

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April 22, 2021, 03:59:41 PM
 #54

maybe wait for the effect of this berlin hard fork this month and see if there will be improvement in gas efficiencies.

The improvement might take several months or even years. Hopefully, it will as not just for gambling but I have lots of tokens residing in ERC20 network.

For me, just forget ETH in terms of using it on gambling as there are lots of options to choose from that can save our pockets to pay on more fees.
For some reason, it is better to use ethereum to search for a profit in another way, such as trading, for example, to make money besides playing gambling. The effect of the berlin hard fork will not happen shortly and I do not think that will reduce the gas fee in a fast. Maybe the next update after berlin will help the gas fee reduce, but we need to wait for that.

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April 22, 2021, 07:45:59 PM
 #55

I don't see why a new casino (or a new game) should start on Ethereum at all.

Maybe because ETH is already a part of a commonly accepted payment crypto like it should always be included together with BTC.

But today, it's not about new sites, but existing sites add and consider some other payment options to make room for their users to choose whatever will give them some convenience with low transaction fees.

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April 22, 2021, 08:18:58 PM
 #56

I believe most of the gamblers are not using major crypto like BTC and ETH for gambling but are rather saving them because of both, their prices and their fees. Everyone is familiar with how high the fees are, due to which gamblers have chosen other alternatives such as TRX, XRP and even DOGE and if the fees will show any signs of decline, then the gamblers will be definitely happy in dragging their ETH to their desired gambling websites and gamble with it.

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April 22, 2021, 09:32:33 PM
 #57

So far the Ethereum berlin upgrade which a lot of Ethereum enthusiasts expected to be the answer to the network congestion and literally hike in ETH transaction fee seems to be a failure maybe we still have to wait for some days before the berlin upgrade will take effect but the ETH team seems not to care about the affection of their project enthusiast.
Having said that, the hike in ETH gas fee don't stop or limit gambler from gambling because most casinos accept LTC as payment.

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April 22, 2021, 10:12:09 PM
 #58

Berlin Upgrade is supposed to lessen the fees but we can't see right away some improvements.

But who else doesn't want to deposit and withdraw thru the ETH network again without worrying about fees? I'm looking forward that someday we can get back again on usual where we are paying less gas transacting within the ETH network.
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April 22, 2021, 11:58:30 PM
 #59

I believe most of the gamblers are not using major crypto like BTC and ETH for gambling but are rather saving them because of both, their prices and their fees. Everyone is familiar with how high the fees are, due to which gamblers have chosen other alternatives such as TRX, XRP and even DOGE and if the fees will show any signs of decline, then the gamblers will be definitely happy in dragging their ETH to their desired gambling websites and gamble with it.
The majority of those depositing money in the gambling platform are through other smaller coin (xrp, LTC, trx), this can be helpful if these blockchain of LTC and xrp, even Solana. The upgrade will be a good ones for gamblers and gambling platform.
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April 23, 2021, 06:04:22 AM
 #60

I think that the new ETH fees are very high, the Berlin Hard Fork has undoubtedly caused ETH to rise in price, this is well seen by investors worldwide and in casinos those bettors know that their ETH is more valued. If you are experiencing this good news in the price of ETH, you know that the update ETH1 to ETH2 is about to come out in the coming months, which will represent the definitive solution, this will cause more fury to bet on players. The effect and the impact will be unique, ETH is living its best moment, it has a prolonged growth although Bitcoin falls due to its natural correction, but ETH shines and every player when they see their gains in ETH they want to enjoy them will want to bet much more, if you have coins ETH and you know that they are being valued and that you can make them grow even more, it is logical that if you are on a good roll there will be no hesitation in betting.

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April 25, 2021, 03:51:06 AM
 #61

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

I don't think that the Berlin update is going to change the transaction fee by a great deal. Ethereum developers have made tall claims previously as well, but very few of such claims got realized. I am not saying that there will be no change in the gas pricing. Nowadays an average user is paying as much as $10 for a single transaction. This may come down to $7 or $8 per transaction. But on the ground, it is not going to make much difference. After a few months, the fee will again go up, which will leave the users frustrated. What we need is a permanent solution, and not some patchwork.

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April 25, 2021, 05:00:28 AM
 #62

I mean, BTC is still used even with high fees, what more other coins that have low ones no? Not to mention that most casinos originally accept BTC and ETH as most of their choices as coins for crypto gambling. Still as of recent afaik, coins like DOGE and LITE that have relatively cheap fees are the ones that are one of the most being adopted, and most accepted by gamblers to use to gamble (instead of the other two I've said). Now if the ETH fees were to go to the level of how DOGE and LITE fees are, you can expect that another new coin would probably be mostly used by gamblers now.

Still, a wait and see attitude is a must since it isn't a guarantee that the fees would actually go down that much, heck or even go lower at that. Not to mention that would it even last in the long run? I'm pretty sure most ( at least I would) would want a coin to actually have low fees in the long term so that I don't have to go and look for other options.

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April 25, 2021, 06:44:36 PM
 #63

I believe most of the gamblers are not using major crypto like BTC and ETH for gambling but are rather saving them because of both, their prices and their fees. Everyone is familiar with how high the fees are, due to which gamblers have chosen other alternatives such as TRX, XRP and even DOGE and if the fees will show any signs of decline, then the gamblers will be definitely happy in dragging their ETH to their desired gambling websites and gamble with it.
I really think that this is a more important reason why people are not gambling with bitcoin and ethereum than the fees, bitcoin is simply too valuable and people do not want to gamble with it because even if they know that altcoins have a higher potential there is a high chance that most of those coins are not going to exist during the next years, while in the case of bitcoin and ethereum we know those two coins are going to remain at the top of the market for the foreseeable future and people want to keep holding them.
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April 25, 2021, 06:58:43 PM
 #64

I am very happy to see lower fees back again on Ethereum gas network and will try my luck to play with it on some casinos and win some, because I think that the price of Eth will increase too quick that it will even surpass the speed of btc. I have been observing the markets and Eth looks a good bet to trade and gamble with.
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April 25, 2021, 07:09:43 PM
 #65

I am very happy to see lower fees back again on Ethereum gas network and will try my luck to play with it on some casinos and win some, because I think that the price of Eth will increase too quick that it will even surpass the speed of btc. I have been observing the markets and Eth looks a good bet to trade and gamble with.
Still, even though the Gwei is below 50, for me this is still high and until now I still can't use ETH to bet because it is indeed constrained by gas costs.
Currently, what I know when playing on rollbit the ETH withdrawal there is $4 while BTC is $30 more expensive and LTC is lower, so that's the option that I use as low as any I will use because in gambling it is the same as using other cryptos as well.

And with the ETH Berlin upgrade, there is no significant change, whether it's wrong or not, I just heard that in July ETH gas will be lower and more stable.

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April 25, 2021, 07:15:18 PM
 #66

I am very happy to see lower fees back again on Ethereum gas network and will try my luck to play with it on some casinos and win some, because I think that the price of Eth will increase too quick that it will even surpass the speed of btc. I have been observing the markets and Eth looks a good bet to trade and gamble with.
Not really that much because ETH gas isnt really that low as it should be or really been compared back in the past where transactions do only need some some cent to make a transfer
but somehow these numbers are really a big improvement.

That certain update did really make some significant impact towards high gas fees and when i do check out https://etherscan.io/gastracker it is playing around
$1 - 3 maximum which is great.

For those ETH enthusiast out there then this is really a big improvement or news for us to make use of ETH once again in terms of transactions.

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April 25, 2021, 09:27:13 PM
 #67

<<>>

That certain update did really make some significant impact towards high gas fees and when i do check out https://etherscan.io/gastracker it is playing around
$1 - 3 maximum which is great.

For those ETH enthusiast out there then this is really a big improvement or news for us to make use of ETH once again in terms of transactions.

Yes the berlin upgrade has brought a significant change in the fees because I was required to pay more than $13-$20 per transaction and it came down to $1-$4 which is much better than older days. As Eth crashed a bit and may crash more, I would wait and buy more lower and then gamble it on my favorite Eth-only casinos, and will sell it when it goes back high in price.
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April 25, 2021, 11:40:24 PM
 #68

<<>>

That certain update did really make some significant impact towards high gas fees and when i do check out https://etherscan.io/gastracker it is playing around
$1 - 3 maximum which is great.

For those ETH enthusiast out there then this is really a big improvement or news for us to make use of ETH once again in terms of transactions.

Yes the berlin upgrade has brought a significant change in the fees because I was required to pay more than $13-$20 per transaction and it came down to $1-$4 which is much better than older days. As Eth crashed a bit and may crash more, I would wait and buy more lower and then gamble it on my favorite Eth-only casinos, and will sell it when it goes back high in price.

I dont really tend to mix up trading or investment with gambling where i do make separate when the time i do play then i dont think up about on spending since those are already been allocated.

It will just boggle up your mind towards your gameplay which can really affect when you do seek for entertainment.No doubt that ETH is good to hold on but there are people whom do
really love on making use of it aside from bitcoin..

Both BTC and ETH now does have low fees which we can already make out some plays on using these coins.

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April 26, 2021, 05:41:30 AM
 #69

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

Ethereum is the second most expensive cryptocurrency right now if I'm not mistaken so only rich people can only afford to use it just to gamble. Even if the fee is low I don't see the reason why would someone use it to gamble. Ethereum is too precious for me just to use it in gambling because it can be used for fees when using their network. Most gambling websites now accept multiple cryptos and I'd rather choose the cheaper ones rather than the likes of BTC, BNB, or ETH.
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April 26, 2021, 10:26:23 AM
 #70

Both BTC and ETH now does have low fees which we can already make out some plays on using these coins.
That's compared to the fees that they had, not with the fees compared to other altcoins. Doge LITE and a few others have way lower fees compared to these two, and a few casinos also accept said altcoins, so why bother choosing those two when you can choose the one with the lowest fees right? The only reason ETH would ever be used to gamble is that the Berlin Upgrade manages to lower the fees to the levels of what those altcoins experience. As for BTC, well, just wait for the network to actually calm down, then send it though it still has quite a hefty fee imo.

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April 26, 2021, 10:46:13 AM
 #71

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

I don't really think that we will see a massive increase in gambling just because of the ETH-Upgrade. I mean for small gamblers and betters it was a real pain that you had to pay 20$ fee for a 50$ or 100$ transaction, but i still think that if you really want to gamble than even those very high fees will  not deter you from doing that. In the last 2 days the Gas fees are almost constantly down to around 50 gwei now, which means like 2,50$ gas fee for a ETH transaction. This is of course way more convenient for everyone using the ETH network including gamblers.
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April 26, 2021, 11:05:47 AM
 #72

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

I don't really think that we will see a massive increase in gambling just because of the ETH-Upgrade. I mean for small gamblers and betters it was a real pain that you had to pay 20$ fee for a 50$ or 100$ transaction, but i still think that if you really want to gamble than even those very high fees will  not deter you from doing that. In the last 2 days the Gas fees are almost constantly down to around 50 gwei now, which means like 2,50$ gas fee for a ETH transaction. This is of course way more convenient for everyone using the ETH network including gamblers.

Well, we have alternatives! That's important! And people who search a bit can find them too!

We talk like high fees are affecting small gamblers, they affect small traders, investors... what can you do with 50-100 dollars when fees can be that high as well, double spending for what? I am disappointed in Ethereum, and I don't think I will use it anymore as I use to..

And gambling is gambling! People will gamble in any way, with anything... Ethereum as a whole can't affect the gambling industry, so why would Ethereum fees have a stronger impact?!

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April 26, 2021, 12:22:52 PM
 #73

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
As of now ? i care nothing about Ethereum and Bitcoin based gambling playing because I'm tired of their Fees in withdrawals and deposits.

In which drives me to find sites that offers many options and that's how i find my gambling sites now.

This means that i only played with cheap altcoins and maybe use Bitcoin and ethereum once the fees becomes tolerable .









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AicecreaME
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April 26, 2021, 01:03:09 PM
 #74

are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

I think so.

I meant addicted gamblers doesn't mind the transaction fee at all, because all they wanted is to feed their desires in gambling. But normal gamblers would love the new Ethereum that has lower fee, because who wouldn't love it, right? they could save up more in transaction fees and they could add it up to their funds in gambling.

However, I think there's still a problem about the synchronization of ETH BERLIN upgrade because there are still transactions that has expensive fees here and here.
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April 26, 2021, 04:37:58 PM
 #75

I am very happy to see lower fees back again on Ethereum gas network and will try my luck to play with it on some casinos and win some, because I think that the price of Eth will increase too quick that it will even surpass the speed of btc. I have been observing the markets and Eth looks a good bet to trade and gamble with.

That's right. ETH has been doing well in the past few weeks but I still consider it to be too much valuable coin to gamble with.
BTC and ETH are the coins that I often exclude while gambling and prefer the other coins because most of the times I lose and it doesn't feel good when I lose BTC or ETH  Tongue

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April 26, 2021, 05:21:41 PM
 #76

I am very happy to see lower fees back again on Ethereum gas network and will try my luck to play with it on some casinos and win some, because I think that the price of Eth will increase too quick that it will even surpass the speed of btc. I have been observing the markets and Eth looks a good bet to trade and gamble with.

That's right. ETH has been doing well in the past few weeks but I still consider it to be too much valuable coin to gamble with.
BTC and ETH are the coins that I often exclude while gambling and prefer the other coins because most of the times I lose and it doesn't feel good when I lose BTC or ETH  Tongue


If you are lucky using ETH as your main asset while playing is good aside from winning from your gambling activities the very chance that the value will continue to increase.

You've got two birds in one stone if luck permits you after cashing out out your winning, exchanging your ETH to fiat surely delight you.

Winning and then the value increae, that's favors you not alone with gambling but as well with the fiat value of your ETH.

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April 28, 2021, 05:41:16 PM
 #77

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
As of now ? i care nothing about Ethereum and Bitcoin based gambling playing because I'm tired of their Fees in withdrawals and deposits.

In which drives me to find sites that offers many options and that's how i find my gambling sites now.

This means that i only played with cheap altcoins and maybe use Bitcoin and ethereum once the fees becomes tolerable .
I understand your position, for many people that gamble with a small amount of money they cannot really afford to gamble with ethereum and bitcoin anymore as a great deal of their capital will go away just on the fees, especially when the network is really busy and you have to overpay to get a confirmation in a decent amount of time, however it would be interesting if you told us which altcoin you are using to gamble as it is always important to know what alternatives gamblers are using to reduce the fees they pay.
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April 30, 2021, 03:06:09 AM
 #78

A couple of years back, the average fee for an Ethereum transaction was around $0.05. Even if the Berlin hard fork manages to reduce the transaction fee, I am not expecting a very big reduction. At the most, it may come down to $5. Even at this point, making deposits in fiat is far more profitable than doing the same using Ethereum, especially for smaller amounts. So IMO, the Ethereum Berlin update will have only a minimal impact on the gambling sector.

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April 30, 2021, 04:34:01 AM
 #79

Sportsbooks include many currencies for betting on ethereum Berlin upgraded crypto gambling although ethereum's fees are high gamblers bet on other currencies if the amount of transactions in ethereum decreases the amount of fee will decrease. Gambling will not be affected there is a huge demand in the market for other currencies.
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April 30, 2021, 06:41:09 AM
 #80


Berlin isn't the EP15 upgrade, the fees are still the same. it's still high as it is. i tried swapping just recently, the fee still the same.

Sportsbooks include many currencies for betting on ethereum Berlin upgraded crypto gambling although ethereum's fees are high gamblers bet on other currencies if the amount of transactions in ethereum decreases the amount of fee will decrease. Gambling will not be affected there is a huge demand in the market for other currencies.

one reason why using ETH to gamble still continues is that they still wanted to earn ETH as well. it's still a good token to keep when you have ETH because the price keeps going up. but there is also a reason to use Doge because the transaction fee is very little to be bothered about.









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April 30, 2021, 06:57:41 AM
 #81

I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?
I dont see any changes in eth transaction fees, berlin upgrade doesnt have an impact that can lessen the burden of fees.

Anyway regardless of the transaction fees, this doesnt hinder the gamblers to play. I know some gamblers using eth regardless of the fee and there are also other altcoins that can be use as an alternative if btc and eth fees are big deal especially for average gamblers.

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May 01, 2021, 07:11:45 PM
 #82

A couple of years back, the average fee for an Ethereum transaction was around $0.05. Even if the Berlin hard fork manages to reduce the transaction fee, I am not expecting a very big reduction. At the most, it may come down to $5. Even at this point, making deposits in fiat is far more profitable than doing the same using Ethereum, especially for smaller amounts. So IMO, the Ethereum Berlin update will have only a minimal impact on the gambling sector.
It is such a shame, I really thought that the Berlin upgrade could bring some relief to the ethereum network and many people are complaining this is not the case or at best its impact is minimal, I get that ethereum is at its ATH right now but many people expected for the price of the fees to go down substantially and this is not something that has happened and at this rate it is not something that we should be waiting for as the upgrade seems to be ineffective and will not reach its stated goals.
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