How do you deal with high transaction fee on BTC on gambling?

[Wapfika]

Imo Bitcoin is not suitable for quick transactions in general, so it isnt correct to complain about high transactions fee on gambling. Gambling platforms always offer a bunch of other cryptocurrencies for deposit. Even with mempool being not so overloaded, I prefer not to use BTC for gambling. Because by the time transaction gets confirmed, I dont want or have free time to gamble anymore. With current situation, I would suggest to wait, for example this morning low priority transactions were about 60-70sat only. Or to use alternative cryptocurrency.

If you read carefully my post. I’m not complaining about high transaction on Bitcoin just because I need to use it on gambling but rather I’m looking for ways of alternative solution for the current condition on high fee.

I already mention that I’m gambling using my Bitcoin salary on signature campaign. I’m not asking for the opinion about using other coins instead of Bitcoin because that’s not my intention when I create the thread. Sadly, many users is just stating the obvious without reading the purpose of the thread.   

[Ever-young]

I think everyone notice how high the current fee right now on Bitcoin network. I’m sure player like me that relying only on signature campaign payment in Bitcoin is having a hard time to play right now since the fee is insanely high.

How do you deal with this problem? Is there any casino that allows no confirmation to deposit? Let’s say I will send my Bitcoin using fee below average and then play while it’s still unconfirmed. I knew that some casino do have instant deposit but I never try depositing much lower fee to the average fee if they will still credit instantly.

Yeah bitcoin transaction fees are insanely high and almost too expensive to afford for some people, but there are alternatives you can use when it comes to crypto gambling in other to avoid being charged so much for transaction fees.

1. You can use the Lightening Network, using the Lightening Network is way faster and cheaper when it comes to bitcoin transactions, your transactions don't have to wait for too long before it can be confirmed and you don't have to pay so much for transaction fees or.

2 You can use other cryptos to gamble. There are casinos that accept several other tokens and cryptos as payment and not just bitcoin, you can use other cryptos and tokens to make your deposits and withdrawals. That way you can avoid the high transaction fees and it'll still be gambling as usual for you.

[piebeyb]

I think all sites need to ask for 1 confirmation to make the funds really safe whether it's a casino site or an exchange they all definitely need at least 1 transaction confirmation, so you probably can't play before getting confirmation on your bitcoin transaction, if I were you maybe you should hold it while waiting until the blockchain network is not too busy so transactions become cheaper.

If you receive signature campaign payments directly into your wallet, that's the risk because sending money when prices are high and transaction costs are high is a bit difficult if you send a little money but the costs are quite high too. My advice is to wait until you have collected a lot of money in your wallet then You can send it when transactions become cheap or you exchange it to an exchange to use another blockchain that has cheaper transaction fees.

[leonair]

I think everyone notice how high the current fee right now on Bitcoin network. I’m sure player like me that relying only on signature campaign payment in Bitcoin is having a hard time to play right now since the fee is insanely high.

How do you deal with this problem? Is there any casino that allows no confirmation to deposit? Let’s say I will send my Bitcoin using fee below average and then play while it’s still unconfirmed. I knew that some casino do have instant deposit but I never try depositing much lower fee to the average fee if they will still credit instantly.

Not just casino sites you can't deposit or pay bitcoins anywhere without minimum 1 confirmation.  So in this case you must accept high fees to complete the transaction quickly.  But late deposits are not desirable for gamblers as high transaction fees are now a big hassle for them.  So in this case I think gamblers changed their deposit method like me like I now use TRX to deposit in casino site which helps deposit success in just 2 minutes.

[CryptoHeadlineNews]

I think everyone notice how high the current fee right now on Bitcoin network. I’m sure player like me that relying only on signature campaign payment in Bitcoin is having a hard time to play right now since the fee is insanely high.

I tried transferring BTC from my wallet to my exchange account with a very low fee, and it's been over 30hours now and yet transaction have not been confirmed, but ever since this recent high fee in transaction started, I opted into depositing stable coin (i.e USDT) or altcoins (i.e Tron) to my casino for gambling (i.e Shuffle to be precise) and the deposit was almost instant, far better than depositing BTC whose few is still high, and transactions likely not have been instantaneous.

Hence, I suggest using altcoins now is a bit better now that the mempool is still high

[Wiwo]

I think everyone notice how high the current fee right now on Bitcoin network. I’m sure player like me that relying only on signature campaign payment in Bitcoin is having a hard time to play right now since the fee is insanely high.

How do you deal with this problem? Is there any casino that allows no confirmation to deposit? Let’s say I will send my Bitcoin using fee below average and then play while it’s still unconfirmed. I knew that some casino do have instant deposit but I never try depositing much lower fee than the average fee if they would still credit instantly.

On stake,  while withdrawing the fees is very low as low as 0.00007 although stake covers the remaining fees to get your transactions confirmed immediately to your wallet,  and that is why many times stake users may not complain that much about transaction fees for withdrawal,  but then while depositing into your stake account,  you must have to use the highest transaction fees to get your transactions confirmed ASAP.

I don't know how it is with other casinos but this I am very sure of in stake since they are the most used casino for me.

[acroman08]

How do you deal with this problem?

if you don't mind using altcoin when gambling you can always exchange your BTC into an altcoin. I've used XRP in the past when Bitcoin transaction fees were too high for me, altcoins are a great substitution for Bitcoin if the current Bitcoin transaction fee is too high for you.

[ethereumhunter]

It's what I did. USDT BEP20 fee is just $0.50 and it's faster than every altcoin I know that's how I deal with bloated transaction fees and the miners are just picking which transaction they are going to mine. Even if you keep broadcasting the transaction it's gonna be ignored when the fee is just not incentivizing them.

This is why there should have been an internal exchange in the casinos in case you wanted to withdraw a stablecoin instead of BTC which could also take hours.
Good to know they credit the BTC without the confirmation yet.

Now, we are experiencing another increase in bitcoin transaction fees. This will likely make most crypto gamblers switch to using altcoins instead of bitcoin. It is also possible that many crypto gamblers choose to take a break from gambling and prefer to monitor crypto market movements.

Current conditions make many small investors hold their bitcoins in their wallets and not send them to any exchange because transaction costs are increasing again. We don't know how long the transaction costs will drop to normal again. Hopefully, it doesn't take long.

[davis196]

I think everyone notice how high the current fee right now on Bitcoin network. I’m sure player like me that relying only on signature campaign payment in Bitcoin is having a hard time to play right now since the fee is insanely high.

How do you deal with this problem? Is there any casino that allows no confirmation to deposit? Let’s say I will send my Bitcoin using fee below average and then play while it’s still unconfirmed. I knew that some casino do have instant deposit but I never try depositing much lower fee to the average fee if they will still credit instantly.

I don't deal with it. I just use altcoins or fiat. What's the point spending BTC for gambling, when there's a possibility for the BTC price to hit another ATH? I feel that this question has been asked multiple times in the past. Asking it one more time doesn't ass anything new to the discussion. The Bitcoin transactions fees are going up and down. There will be more transaction fee ups and downs in the future. The gamblers had no problems with high BTC transaction fees in the past. I'm sure that they won't have any problems with high transaction fees in the future. 

[bakasabo]

Imo Bitcoin is not suitable for quick transactions in general, so it isnt correct to complain about high transactions fee on gambling. Gambling platforms always offer a bunch of other cryptocurrencies for deposit. Even with mempool being not so overloaded, I prefer not to use BTC for gambling. Because by the time transaction gets confirmed, I dont want or have free time to gamble anymore. With current situation, I would suggest to wait, for example this morning low priority transactions were about 60-70sat only. Or to use alternative cryptocurrency.

If you read carefully my post. I’m not complaining about high transaction on Bitcoin just because I need to use it on gambling but rather I’m looking for ways of alternative solution for the current condition on high fee.

I already mention that I’m gambling using my Bitcoin salary on signature campaign. I’m not asking for the opinion about using other coins instead of Bitcoin because that’s not my intention when I create the thread. Sadly, many users is just stating the obvious without reading the purpose of the thread.   

I've got you. Then I would suggest or direct to look for a solution in the wallet you use to operate with BTC you receive. For example Ledger Live offer swap option. Trust wallet also offer swapping. Maybe look into direction of swapping inside wallet for aa altcoin with cheaper transaction? Just be careful and double check if casino you use support that altcoin and blockchain. Perhaps swapping BTC to USDT on  Polygon could be a possible solution for cheap and quick deposit.

[btc_angela]

How do you deal with this problem?

if you don't mind using altcoin when gambling you can always exchange your BTC into an altcoin. I've used XRP in the past when Bitcoin transaction fees were too high for me, altcoins are a great substitution for Bitcoin if the current Bitcoin transaction fee is too high for you.

Right, there are really a lot of options for us, maybe their could be issues for some who are just into bitcoin gambling. I know it's hard, but we need to learn to used other cryptocurrencies too, even if we are bitcoin enthusiast or maximalist.

However, for me I don't think that the high fees will be sustained. There might be a time that we will be back to normal even if we are in a bull run already. So just be patience for those bitcoin gamblers, for now if we are not that comfortable of the transaction fees, just switch to any altcoins for now.

[Z390]

What's the point of using Bitcoin for gambling right now? You are not going to win if you use Bitcoin so why is using Bitcoin for gambling so important? Just use something else, we have altcoins that are acceptable on casinos and they have way lower feel than Bitcoin, I have stopped using Bitcoin, at this junction right now it's better I keep my Bitcoin and keep holding.

It would have been a big problem if Bitcoin is the only digital currency that's acceptable by these casinos, but you can use Doge, LTC and Trx too, they have better transaction fee than Bitcoin, even using your Fiat to gamble is better than using Bitcoin, it costs too much to use Bitcoin like money, and now that Ordinals is giving miners some money its a big problem for Bitcoin as I don't see how anything will stop Ordinals on Bitcoin now, it's too late.

I will keep buying Bitcoin only because it's a good store of value but using it as payment or in business payment solution isn't going to work out well, even if you manage to confuse your customers, once they see that Bitcoin transaction fee is higher than Fiat they will opt to Fiat instead.

[Ever-young]

What's the point of using Bitcoin for gambling right now? You are not going to win if you use Bitcoin so why is using Bitcoin for gambling so important? Just use something else, we have altcoins that are acceptable on casinos and they have way lower feel than Bitcoin, I have stopped using Bitcoin, at this junction right now it's better I keep my Bitcoin and keep holding.

It’s not about using BTC and making it easier to win, there are people who love BTC and that the only currency they make use of so far as crypto is concern they don’t like getting their self involve with other currency and their are also casinos which what you use in depositing and what you use in playing is what you will be paid back with, so they see using BTC to deposit and gamble as means of multiplying the little that they are ready to put at risk it’s as simple as that, if they are lucky enough to win more from their gambling they will have to withdraw that their winning and add it to what they are already holding on their wallet, it’s not different from gambling with fiat or any other currency that you prefer to use just that the fee is making this difficult now, which is forcing people to make use of other options.

[letteredhub]

if I were you maybe you should hold it while waiting until the blockchain network is not too busy so transactions become cheaper.

How much time do you have to wait and policing the blockchain network till you see it's reduced in congestion especially when we can't tell for sure at the very time it will decongest. Assuming you have a sports game to bet on like football match and it's to start by the next 30mins, of which some of us don't like betting on live matches. Do you have to continue waiting for the decongestion of the network while time is running out for your games to start?
In my opinion, the use of the lightening network just as other users have suggested is one way out of the high fees. We all knew a time like this will be here as bitcoin price keeps rising so let not act like the situation itook us unexpectedly.

[piebeyb]

I will keep buying Bitcoin only because it's a good store of value but using it as payment or in business payment solution isn't going to work out well, even if you manage to confuse your customers, once they see that Bitcoin transaction fee is higher than Fiat they will opt to Fiat instead.

Good choice, Bitcoin may currently fail to be a means of micropayments but bitcoin can still be successfully used as a means of transaction in large amounts with low transaction fees, so currently it will not be convenient for microtransactions or small transactions that may require high fees from the amount transactions, that's why bitcoin is not suitable as a means of payment at this time because the costs are quite expensive.

But bitcoin can be a good hedge or investment for anyone who keeps it in their wallet and not for transactions as a means of payment online, we know that fiat payment transactions are much lower for micropayment transactions than bitcoin, so it's best not to use bitcoin as a means pay, make it an investment asset.

[coolcoinz]

I cope by sending batch transactions, making sure my transactions are small in bytes, by managing my addresses well and manually choosing the ones that get included in the transaction, which keeps fees at minimum. I also check fees on sites that show current queues, so that I pay the smallest amount that's enough to get my transaction confirmed in 6 hours.

You just have a bit of patience and some knowledge of how fees work to keep them at a level that's acceptable for you. If it still isn't despite all the above, try sending bitcoin through another network, like LTC if it's accepted in the casino.

[Wiwo]

It's what I did. USDT BEP20 fee is just $0.50 and it's faster than every altcoin I know that's how I deal with bloated transaction fees and the miners are just picking which transaction they are going to mine. Even if you keep broadcasting the transaction it's gonna be ignored when the fee is just not incentivizing them.

This is why there should have been an internal exchange in the casinos in case you wanted to withdraw a stablecoin instead of BTC which could also take hours.
Good to know they credit the BTC without the confirmation yet.

Now, we are experiencing another increase in Bitcoin transaction fees. This will likely make most crypto gamblers switch to using altcoins instead of bitcoin. It is also possible that many crypto gamblers choose to take a break from gambling and prefer to monitor crypto market movements.

Current conditions make many small investors hold their bitcoins in their wallets and not send them to any exchange because transaction costs are increasing again. We don't know how long the transaction costs will drop to normal again. Hopefully, it doesn't take long.

I think for some of us who are privileged to gamble on some reputable casinos that maintain stable low withdrawal fees even though there are high transaction fees demands from the networks,  this makes withdrawal very easy and fast for us.

But the high fees will have a tell on you if you making Bitcoin deposits and for that,  I think we can choose to deposit other coins if we deposit from our exchange wallet and not a personal wallet,  the current situation with the network is highly existing for small gamblers who make frequent deposits directly from the wallets.

[Dr.Bitcoin_Strange]

My frequent deposit currency has always been fiat, and even as the transaction fee of Bitcoin has increased, it does not stop me from gambling. The best suggestion I will give is for the gambler to change their Bitcoin receiving address from their individual signature campaign. For example, you can add your casino's Bitcoin wallet address so that any time you receive your signature payment, you will just continue your gambling, or you can also use a sex wallet so that if you receive payment, you can just convert to Litecoin, whose fee is cheaper.

[tygeade]

How do you deal with this problem?

if you don't mind using altcoin when gambling you can always exchange your BTC into an altcoin. I've used XRP in the past when Bitcoin transaction fees were too high for me, altcoins are a great substitution for Bitcoin if the current Bitcoin transaction fee is too high for you.

Right, there are really a lot of options for us, maybe their could be issues for some who are just into bitcoin gambling. I know it's hard, but we need to learn to used other cryptocurrencies too, even if we are bitcoin enthusiast or maximalist.

However, for me I don't think that the high fees will be sustained. There might be a time that we will be back to normal even if we are in a bull run already. So just be patience for those bitcoin gamblers, for now if we are not that comfortable of the transaction fees, just switch to any altcoins for now.

I do believe that it's not sustainable and it would hurt bitcoin as well but I also believe that there is a reason why that happens, which is why I am fine with it, I get that it may feel like that's a big deal but at the same time it's because the price is going higher. I mean we are talking about a situation that would not be all that easy to handle, but I believe that we are going to end up with something that would benefit us when the price is higher as well, which is the most important thing.

I do hope that we can fix it one day, and that should be an important thing, but that doesn't mean that we are going to end up with something that would benefit everyone, it is going to be something that will be both benefiting some, and hurting some other people. The ones who will benefit the most will be people who hold, because those people do not spend that much fee, they just buy and hold, and when it is time to sell the price is higher so they just pay easily.

[sokani]

I tried transferring BTC from my wallet to my exchange account with a very low fee, and it's been over 30hours now and yet transaction have not been confirmed, but ever since this recent high fee in transaction started, I opted into depositing stable coin (i.e USDT) or altcoins (i.e Tron) to my casino for gambling (i.e Shuffle to be precise) and the deposit was almost instant, far better than depositing BTC whose few is still high, and transactions likely not have been instantaneous.

Hence, I suggest using altcoins now is a bit better now that the mempool is still high

Sorry to hear about that. Right now the mempool space is clogged with many unconfirmed transactions as a result of ordinals spam, thus it's becoming very frustrating to execute a transaction without paying through your nose. It's good that most casinos support deposits and withdrawals via other cryptocurrencies which is a relief, so you can get your account easily funded using USDT, TRX etc. Concerning Shuffle, I've not used it so I don't know if they support BTC deposit via LN, but if they do it would be a better alternative for Bitcoin lovers.