Eth Berlin Upgrade and Gambling

[imstillthebest]

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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[Nadziratel]

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.

[YOSHIE]

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.

[aysg76]

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.

[swogerino]

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.

[mu_enrico]

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 now. 

[Lanatsa]

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.

[defc0de]

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.

[michellee]

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.

[romero121]

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.

[electronicash]

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.

[samcrypto]

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.

[Inagame]

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.

[swogerino]

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?

[Becky666]

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.

[DoublerHunter]

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.

[Reatim]

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.

[casperBGD]

~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

[leea-1334]

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:)

[just_Alice]

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.