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Author Topic: Things that still make feel awkward with some online casinos  (Read 936 times)
AmoreJaz
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May 18, 2023, 09:58:25 PM
Last edit: May 18, 2023, 11:30:55 PM by AmoreJaz
 #61

This is a broad day robbery and u think the gambling  regulatory body should look into this matter and bring an end to it before it finally  gets out of hand.
There are several  things that I find awkward  on other casinos especially  on the new ones and except for the high transaction  fee which is a red light to me, the other is time or duration  for payment processing  and the moment a casino delays either deposit  or withdrawal, then it's also a red light for me.
Transparency is one major factor that has been in my consideration list for a long period  of time now and the moment a casino  isn't transparent, then it's a no go area for me.

well, if you have seen that they are charging unreasonable fees, then, don't play on the site. just plain and simple. because they have their reasons why they are charging such fees. and if you think you can't change what they have set, then just look for another site which you think is much better when it comes to fees. but of course, fees is not the only reason why you should alter your casino. check if they have no complaints regarding withdrawal. because they may have lower fees, but it will take time before you can withdraw. so sometimes it is better to pay higher tx fees instead of low fees but there's no assurance when can you get your money.

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May 18, 2023, 09:59:13 PM
 #62

This is a broad day robbery and u think the gambling  regulatory body should look into this matter and bring an end to it before it finally  gets out of hand.
There are several  things that I find awkward  on other casinos especially  on the new ones and except for the high transaction  fee which is a red light to me, the other is time or duration  for payment processing  and the moment a casino delays either deposit  or withdrawal, then it's also a red light for me.
Transparency is one major factor that has been in my consideration list for a long period  of time now and the moment a casino  isn't transparent, then it's a no go area for me.
This could be the problem, even if you use alternative with a cheaper fees, the site will still collect its fixed fees. Maybe this is for the services, or what but it is still not right to collect it since we are already paying the cost on playing on their site. Well, regulations doesn’t care that much with the fees as long as that site is paying the taxes right, consumers or the gamblers are always the one who pays more, this is not new to a gambling site.

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May 18, 2023, 10:17:19 PM
 #63

This is a broad day robbery and u think the gambling  regulatory body should look into this matter and bring an end to it before it finally  gets out of hand.
There are several  things that I find awkward  on other casinos especially  on the new ones and except for the high transaction  fee which is a red light to me, the other is time or duration  for payment processing  and the moment a casino delays either deposit  or withdrawal, then it's also a red light for me.
Transparency is one major factor that has been in my consideration list for a long period  of time now and the moment a casino  isn't transparent, then it's a no go area for me.
This could be the problem, even if you use alternative with a cheaper fees, the site will still collect its fixed fees. Maybe this is for the services, or what but it is still not right to collect it since we are already paying the cost on playing on their site. Well, regulations doesn’t care that much with the fees as long as that site is paying the taxes right, consumers or the gamblers are always the one who pays more, this is not new to a gambling site.
Here's some real time situation in regarding fees about on how platforms would really be doing it;

-Static or Fixed Fee -- Doesnt change up no matter what the network condition
-Dynamic Fee- Moves along on the recommended network fee
-Static or Dynamic fee + house fee or charge.

Complaining about the additional charge? Its not really something new because this is business and they could put up on whatever things that they do want.
If you dont like their policies or those features then you could always jump into other places on which the best one in regarding to this is to those
platforms who do offer free fee which is something that unusual nowadays for us to see but if ever there's one then i do really like on having that
compared to those who do really ask for more.
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May 18, 2023, 10:22:16 PM
 #64

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery?
If there's no reason to increase the fee for those altcoins that don't have network traffic, it's not right and justifiable to have those chains increased as well.
While for Bitcoin it is understandable why the fees have been changing and not constant at these times because of such factors. With this matter, ask directly the casino why even those low fee transactions and altcoins have to get some increase on its withdrawal fees.
And that's for you to have a clarity why they've also increased the fee, only them can answer that outrightly as most of us here are just guessing.

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May 18, 2023, 11:41:55 PM
 #65

I honestly observe this with many different crypto websites not even casinos. Some companies try to gain extra money through transactions. I also think its very close to robbery. Online casinos can generate huge amount of money through players/gamblers anyways. I think low fees promote usage anyways. I find it very awkward and disruptive. I think casinos should not treat their customers as cows that they will milk money away.
Only casinos with bad management and practice will do this. Casino's with good management and practice will always want to make sure that they keep things normal for their customers and not extort them with any opportunity they have. Any casino that is identified as doing this cannot be trusted and I will advice anybody gambling on these casinos should immediately withdraw and seek a better and more customer considering casino.

I agree with you on this- I think this is more of a management issue than of the high tx issues of cryptocurrencies that everyone is currently experiencing.

With high transaction fees, gambling companies can at least gain some sort of monetary advantage in this kind of scheme. Generally, bad management of casinos have a constant tx fee posted on their website. Most likely, they did not even bother to update their tx fee and just made it at a constant price (which is around $5+) for their convenience and advantage.

To avoid this kind of issue, it is highly recommended that you play on a reputable gambling website. New gambling websites that are less than a year are prone to his kind of management scheme.
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May 18, 2023, 11:58:20 PM
 #66

Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.
Any casino that is still doing this are only tarnishing there image and reputable because it is very obvious that the network fee had reduced even though it has not gotten to the normal fee that we use for our normal transaction. We still have to wait and be patient for a while since the beginning of this network issue that had made many casinos and other online platforms to stop paying or allowing transactions in Bitcoin. We can as well make transaction with altcoins to enable us have a quick withdrawal to avoid unnecessary waiting for transaction to be confirmed.

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May 19, 2023, 12:48:52 AM
 #67

Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.
The fees are mentioned before you can withdraw. Also centralized exchanges have higher withdrawal fees. So if you can deposit and withdraw from an exchange just only to see the fees, then why can't you do the same with the casinos? Deposit and see how much the fee is...
Like others said, if Bitcoin fee is too much for you, then use other altcoins with lower fees.

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May 19, 2023, 02:43:08 AM
 #68

This is a broad day robbery and u think the gambling  regulatory body should look into this matter and bring an end to it before it finally  gets out of hand.
There are several  things that I find awkward  on other casinos especially  on the new ones and except for the high transaction  fee which is a red light to me, the other is time or duration  for payment processing  and the moment a casino delays either deposit  or withdrawal, then it's also a red light for me.
Transparency is one major factor that has been in my consideration list for a long period  of time now and the moment a casino  isn't transparent, then it's a no go area for me.
This could be the problem, even if you use alternative with a cheaper fees, the site will still collect its fixed fees. Maybe this is for the services, or what but it is still not right to collect it since we are already paying the cost on playing on their site. Well, regulations doesn’t care that much with the fees as long as that site is paying the taxes right, consumers or the gamblers are always the one who pays more, this is not new to a gambling site.
the moment we deposit stands that we are accepting how much they are asking us upon withdrawal because it is their rules and yes we comply as we play on their site.
we have the rights to choose wherever to play but the problem here is that most of us are not checking the terms and will be shocked once withdrawal comes.

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May 19, 2023, 04:23:00 AM
 #69

Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.

That's business, maybe they cut fees on games and increase them on withdrawal fees, or there are good services offered by them or various other reasons, of course gambling platforms charge high fees for a reason. It doesn't make sense if they charge high fees but the services they offer seem mediocre, if so, you as a user can choose to use another gambling platform, because out there there are still several online gambling platforms with the best service but with more reasonable fees.

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May 19, 2023, 09:17:59 AM
 #70

Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.
$5 for withdrawal fees at the casino is quite expensive, if small players make withdrawals, the profits will be reduced quite large, for example, profits of only $25 are reduced to only $20. I know a lot of casinos use payment processor services, so maybe the fee is set by the service, but if there are things that are unpleasant for the players, the casino should be able to consider using other services that can make players get cheaper withdrawal fees.

If there is a casino that also takes advantage by applying high enough withdrawal fees, it shouldn't be done because the profits from the gaming activities of its users should be enough, especially with the intense competition in the world of casinos, so it's very likely that users will look for other casinos that can provide more benefits to them instead of staying at the casino, but I have never found a casino that applies such a large withdrawal fee and even many casinos lower it as what Roobet casino did some time ago so now the withdrawal fees there are quite cheap, even when the Bitcoin network is unstable like now I can't find a casino that raises withdrawal fees because usually, the casino will process a lot of withdrawal in one transaction not one by one.

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May 19, 2023, 09:41:53 AM
 #71

If the network is clogged and the transaction fee is rising, what choice do the casinos have? They will also increase the fees. First, to make sure the transactions won't be stuck forever. Second, the casinos don't like to be pestered with complaints of very slow withdrawals. They could lose users because of it. And since they can't subsidize or pay for all of their users' fees, they have no choice but to also increase their withdrawal fees. Third, they're doing business. If the centralized exchanges earn from transaction fees, why can't they?

But these are not Bitcoin-only casinos. They offer various crypto options. Choose the cheapest.
There is no problem with that but the problem like the OP said is that the transaction fees remains to be the same even though everything is now back to normal. I am thinking that the casino is delayed to update their fee because maybe they are only doing an automation and admins are not around yet but as long as someone informed them about the issue, I am sure they will do their best to revert it.

For now, they can follow your advice which is to switch on other cryptos except only ETH because I think ETH fees are still the same. I don't know if there is still a hope for this coin to be fixed but that is not my concern anymore as I am not a fan of it.
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May 19, 2023, 10:00:39 AM
Last edit: May 19, 2023, 05:43:13 PM by Dzwaafu11
 #72

I honestly observe this with many different crypto websites not even casinos. Some companies try to gain extra money through transactions. I also think its very close to robbery. Online casinos can generate huge amount of money through players/gamblers anyways. I think low fees promote usage anyways. I find it very awkward and disruptive. I think casinos should not treat their customers as cows that they will milk money away.
Even though I didn't gamble much so I could not be able to understand how the gas fees worked in other sites since the site I use the transaction fees is normal, I think these practices are wicked because they do not treat their customers well. Some customers may win a small amount of money, but if their transaction fees are too high, how did they expect their business to grow? I'm sure they may even lose customers instead of gaining more.
I will advise people using any gambling site to just pick their preferred one to gamble since there are many sites out there and if you don't have enough money to gamble in the site where the fees is too much I believe there are some that there fees is low. I know you must encounter the transaction fees before making the withdraw or deposit.


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May 19, 2023, 10:09:07 AM
 #73

I see nothing bad from casinos charging a lot for withdrawals in any cryptocurrency. The reason why they do that is convenience for their customers. Gamblers get their money as quick as possible. If casinos dont use ultra-mega-fast withdrawal, gamblers immediately come to support and forums to cry that they are scammed, because casinos froze their funds for X hours/days. How do long you think it will be reasonable to pay for BTC withdrawal? 1 sat and wait for months, huh ?

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May 19, 2023, 10:18:39 AM
 #74

Why are some online gambling platforms having high withdrawal fee?

Not all of them does that, you can always check the coins they support and possibly convert to your choice if such feature is supported to the coin you can withdraw with a lower transaction fee, this also depends on the casino being used and the rate they charge per withdrawal made.

I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

If it were to be base on the past weeks experience with the introduction of ordinals then they are fare enough because a normal transaction fee cost about $20 or more before things goes down while if a casino charges only about $5 is not too much that time.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery?

You can as well hodl your coin during those periods and make the transaction later, but that's not robbery or scam because everyone was affected in this except if you don't make a transaction.





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May 19, 2023, 10:25:28 AM
 #75

This is a broad day robbery and u think the gambling  regulatory body should look into this matter and bring an end to it before it finally  gets out of hand.
There are several  things that I find awkward  on other casinos especially  on the new ones and except for the high transaction  fee which is a red light to me, the other is time or duration  for payment processing  and the moment a casino delays either deposit  or withdrawal, then it's also a red light for me.
Transparency is one major factor that has been in my consideration list for a long period  of time now and the moment a casino  isn't transparent, then it's a no go area for me.

well, if you have seen that they are charging unreasonable fees, then, don't play on the site. just plain and simple. because they have their reasons why they are charging such fees. and if you think you can't change what they have set, then just look for another site which you think is much better when it comes to fees. but of course, fees is not the only reason why you should alter your casino. check if they have no complaints regarding withdrawal. because they may have lower fees, but it will take time before you can withdraw. so sometimes it is better to pay higher tx fees instead of low fees but there's no assurance when can you get your money.
Yeah you're right but except for this period  that there is an attack on blockchain result to so much transaction fee, then I see no reason why my withdrawal ms from a bitcoin casino should take so much time because I personally check for complains and ratings as well as customer reviews on every site before proceeding to making any deposit on the site.
But whatever the case might be, I still believe  that transaction fees should be considered  when trying a new casino as personally  I don't think it is right for me to charged abnormally  when I can get same exact service if not more better on on a lesser fee.
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May 19, 2023, 11:38:56 AM
 #76

Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.
From user POV its a robbery but from the business POV its their source of revenue generation, its same on the cryptocurrency exchanges too normally they seek about $25 dollar worth of Bitcoin as withdrawal fee not as transaction fee so they can make money in this way too and it's justifiable too because of the service they are providing and nature of cryptocurrency value.
It's actually more than earning revenue if they are charging insanely high fees even when the actual transaction fees have become normal and transaction fees were high only for the Bitcoin network and not for every other blockchain and if they are charging high fees for tokens that have very low transaction fees then they are obviously robbing their gamblers.

There are many more platforms as well that are providing the same services and they are charging relatively low transaction fees so we can't really say that it is justifiable if they are charging this much. We should either abandon such platforms or they should reduce the fees.

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May 19, 2023, 01:08:31 PM
Last edit: July 07, 2023, 08:47:33 AM by slapper
 #77

The casinos should know that our goal is to make a killing, not to subsidise their lighting costs. You can bet your bottom dollar that the fees to withdraw money feel like broad daylight robbery.

I am joking, of course, but how irritated are you? Completely comprehend it. Rather like being sent on a wild goose chase, wouldn't you say? These astronomical charges may be designed to discourage us from making frequent withdrawals. One possible explanation is that these gaming centres are trying to recoup their operating costs. Casino maintenance is no joke, what with all the money that must be spent on transaction fees, security updates, software revisions, and more.

However, we must not let them off the hook so easily. Time for doing something. Let's band together to reduce these prices and have our voices heard. We'll keep putting our money where our mouth is, on sites that respect our rights, until they give in.

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May 19, 2023, 01:20:58 PM
 #78

There has 2 types to getting a profit.
- From the service.
- From the fee transaction.

It depends on them, however the decision is still in the user's side. If you think cannot pay fee for 1$+ then, you are feel free to choose the other casino. But that's how the business work searching a profit in these business.

It's also same happening in exchange.
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May 19, 2023, 01:48:50 PM
 #79

I honestly observe this with many different crypto websites not even casinos. Some companies try to gain extra money through transactions. I also think its very close to robbery. Online casinos can generate huge amount of money through players/gamblers anyways. I think low fees promote usage anyways. I find it very awkward and disruptive. I think casinos should not treat their customers as cows that they will milk money away.
Even though I didn't gamble much so I could understand how the gas fees worked in other site since the site I use the transaction fees is normal, I think these practices are wicked because they do not treat their customers well. Some customers may win a small amount of money, but if their transaction fees are too high, how did they expect their business to grow? I'm sure they may even lose customers instead of gaining more.
I will advise people using any gambling site to just pick their preferred one to gamble since there are many sites out there and if you don't have enough money to gamble in the site where the fees is too much I believe there are some that there fees is low. I know you must encounter the transaction fees before making the withdraw or deposit.
But we know we can't do anything about it and just follow the rules and actually, if the casino has other coin options, you can choose other coins that don't have too high transaction fees.
And this is also what gamblers think who manage to win some money.
But if casinos don't lower their transaction fees when things return to normal, it will make the members dislike them and they may move to another casino that doesn't have such high transaction fees.
And nowadays, transaction fees for bitcoins have decreased compared to a few days ago so casinos should also think about this and lower transaction fees in their casinos right away.

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May 19, 2023, 01:57:53 PM
 #80

Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.
so far even though bitcoin transaction fees have gone up high but in other altcoins to withdraw funds I don't think I have ever experienced an increase in fees like that in altcoins. I use popular casino sites here and almost a few that I use never have high transaction fees on altcoins and usually I use Tron, USDT, Doge and LTC all of them have no increased fees.
I'm curious which casino do you mean?

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