Maybe some casino's should give the user the options for bulk withdrawals. If they want their withdraw will be collected and send out every 4/6 hours in a bulk and pay less fee.
I would go for such options. I can wait for a withdraw. In most times I don't need the money that fast.
Topic: Casinos Withdrawal Fees Rise (!?)|| October 2020 - page 13. (Read 6424 times)
Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees. So if you have wallet address that caters altcoins in which withdrawal fees are low, you can do that, then use an exchange to convert it back to bitcoin. Perhaps, the process will take time, but atleast you lessen the transaction fee if your basis is in USD, or whatever fiat you have.
It's also important to consider the withdrawal fee in an exchange.
For example, if OP's local exchange does not support altcoins or specific altcoins offered in gambling sites, that would be a problem as he needs to exchange it to bigger exchanges and where he also need to withdraw the coin going to his local exchange, and that entails fee again.
At the moment, it's not only gambling sites that are increasing their withdrawal fee, I guess exchanges as well.
Would there be any other ways for you to cash out? I see bitcoin and ethereum are the top cryptos that have a very huge transaction fee, and I think it also affects how casinos set their withdrawal fees. So if you have wallet address that caters altcoins in which withdrawal fees are low, you can do that, then use an exchange to convert it back to bitcoin. Perhaps, the process will take time, but atleast you lessen the transaction fee if your basis is in USD, or whatever fiat you have.
Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.
People prefer to withdraw in altcoins because that cost them less fee. Also many people have no knowledge about Lighting Network LN. Regular gamblers who gamble daily do not need to withdraw often and usually they withdraw if they are in need of money.
The altcoin can be a choice to withdraw their win money if they see bitcoin fees rise higher. If they use the altcoin, they can reduce the fees, and they can keep their win money. But to withdraw using altcoin will have advantage and disadvantage, and people know about that, so they will not have a problem with the disadvantage.
Some gamblers prefer to wait for some time until the fees can reduce a lot, so they don't need to pay high fees. That is another option for gamblers who are facing a fees problem.
Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.
People prefer to withdraw in altcoins because that cost them less fee. Also many people have no knowledge about Lighting Network LN. Regular gamblers who gamble daily do not need to withdraw often and usually they withdraw if they are in need of money.
Clearly that shows some red flag, and that casino shouldn't be trusted in the first place. Users shouldn't never be disabled of withdrawal through increasing fees in an insane amount. It only means that casino or gambling site cannot be trusted with your Crypto's, and should be immediately reported here in the forum, to warn others.
Basically no withdrawal was disabled from the OP but due to the increase of Bitcoin; it transaction fees increased. This has nothing to do with the casinos as they can't determine Bitcoin price. Issues from OP can easily sort out through the use of altcoins to make your withdrawal transactions from the casinos. The same August was the same month the price of Bitcoin increased and we'll understand that, Bitcoin rise always follows with it fee increase.We know that it had been a problem when the market tends to be congested then it will always follow next on fee price increase which is usual and as mentioned on this particular time we can really opt out on
making use of other alts which had much more cheaper fees.
Good thing for you if the casino on where you do play do have that option if it only had Bitcoin then you wont really have any choice but to pay up the fee.
Clearly that shows some red flag, and that casino shouldn't be trusted in the first place. Users shouldn't never be disabled of withdrawal through increasing fees in an insane amount. It only means that casino or gambling site cannot be trusted with your Crypto's, and should be immediately reported here in the forum, to warn others.
Basically no withdrawal was disabled from the OP but due to the increase of Bitcoin; it transaction fees increased. This has nothing to do with the casinos as they can't determine Bitcoin price. Issues from OP can easily sort out through the use of altcoins to make your withdrawal transactions from the casinos. The same August was the same month the price of Bitcoin increased and we'll understand that, Bitcoin rise always follows with it fee increase. Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.
If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
Bitcoin withdrawal fees increase due to Bitcoin price increase itself, but when it drops back down, expensive withdrawal fees will not change or decrease. Perhaps that is the reason why gamblers prefer to gamble using altcoins because some altcoins still provide quite low withdrawal fees compared to Bitcoin.
How much does it bother you that it increases disproportionately? Do you change casino for this reason?
I didn't really notice a big change in withdrawal fees. Just cashed out $50 last weekened after winning in poker and didn't notice any new fees being charged to my account.
This might not be for every casino yet. But we as gamblers should definitely keep on eye on the fees as it can make a big part of your winnings if you still with a small bankroll.
Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.
It's hard to recommend LN for bitcoin gambling because like you've said there's only a few casinos that have this option in their payment list. Also some if not most of the popular casinos already have an option to pay a smaller fee and the surge in fees usually goes back to normal after a few days or sometimes a week. 
Hell, I didn't even notice too although I have not withdrawn from casino for more than a month almost as I'm having regular bets these days. Although, LN isn't get much attention yet and not much casino allows LN payments, I guess people should bet on casinos which allow LN if they are quite worried about the fee.
It's an opportunity for those businesses to earn profit by making their withdrawal fee too high.
That's the reason why we should choose a platform that offers low fees in every transactions, for sure there are plenty of them here.
Even in other local wallets and exchanges, high transaction fees are the main problem until now and no one can't do anything about it.
That's the reason why we should choose a platform that offers low fees in every transactions, for sure there are plenty of them here.
Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.
If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
Agree, we shouldn't tolerate those platforms who are taking this situation as an advantage for them to grow profit. If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
Even in other local wallets and exchanges, high transaction fees are the main problem until now and no one can't do anything about it.
Finaleshot2016 in some wallets you can set up fees, it's what I do. Waiting for transaction to get confirmed can be long, but
I skip for paying high fees, I don't have problems with waiting.
Casinos offer instant deposits and withdraws, if you wish instant withdraw you need to pay higher fees. It's situation that
hits all crypto-currency users. We had similar situation 2 years ago, and I think it will pass soon.
It's an opportunity for those businesses to earn profit by making their withdrawal fee too high.
That's the reason why we should choose a platform that offers low fees in every transactions, for sure there are plenty of them here.
Even in other local wallets and exchanges, high transaction fees are the main problem until now and no one can't do anything about it.
That's the reason why we should choose a platform that offers low fees in every transactions, for sure there are plenty of them here.
Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.
If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
Agree, we shouldn't tolerate those platforms who are taking this situation as an advantage for them to grow profit. If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
Even in other local wallets and exchanges, high transaction fees are the main problem until now and no one can't do anything about it.
Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.
If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.
If you make a withdrawal using bitcoin, it must be expensive. It's not only in gambling, it's the same in exchange. For this reason, I have never made bets using bitcoin. My choice is 3 coins, TRX, DOGE and LTC. Of the three coins, I use DOGE more often. because the main reason is low cost withdrawals.
Not that expensive even if it's in bitcoin. I used to withdraw in bustadice and the fee isn't that much. It's more expensive if you'll use a common wallet and transfer it to another wallet. But your suggestion about converting to another crypto is also another way to reduce the fee if, you are not happy with the fee that you are about to pay.Those three altcoins of your choice are the altcoins that I get to see when someone converts to reduce the time transfer. And you know what? using those coins are not hard to spend if you gamble unlike bitcoin, the feeling is different and it's more valuable.
That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.
It's better to check the withdrawal minimum first before depositing in any casino. We can check their FAQS or in their payment options. There were time before that I just try to deposit in a casino to check it and won but still not enough to withdraw due to the high withdrawal minimum, the tendency in these event is we will just let it play again until it lose or if luck will win till it's enough to withdraw. It's a lesson learned to really check the details or ask support if not indicated.There are few casino where you can withdraw in dogecoin or other coins whose transaction fee are low. If you prefer gambling and betting with bitcoin only, then you can play at stake.com because they offer 0.00005 btc fee, the lowest i have seen among all the casinos.
That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.
It's better to check the withdrawal minimum first before depositing in any casino. We can check their FAQS or in their payment options. There were time before that I just try to deposit in a casino to check it and won but still not enough to withdraw due to the high withdrawal minimum, the tendency in these event is we will just let it play again until it lose or if luck will win till it's enough to withdraw. It's a lesson learned to really check the details or ask support if not indicated.
That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.
It's better to check the withdrawal minimum first before depositing in any casino. We can check their FAQS or in their payment options. There were time before that I just try to deposit in a casino to check it and won but still not enough to withdraw due to the high withdrawal minimum, the tendency in these event is we will just let it play again until it lose or if luck will win till it's enough to withdraw. It's a lesson learned to really check the details or ask support if not indicated. 
~ Snip ~
It is best if Op could cite what betting site he is using. During these days withdrawal fees increase in mostly betting site and always be updated if that casino is still having an update to the users. Also, we should always be aware of the feedback from other users who mostly bet since there are also casinos not trusted these days. There are many top online casinos and we have always an option to switch to it. I have the same opinion with you, that if the online casinos you usually use increase the withdrawal fees that make you feel disappointed.
You should be able to choose other online casinos that have much cheaper withdrawal fees. Because right now many good choices of online
casinos, we are free to choose according to the criteria we want.
As far as I know, some gambling places still accept bitcoin withdrawals and in my opinion there are still websites that don't increase their shipping costs because that's their advantage,
There are still websites that offers free withdrawal, no fee at all. I wouldn't know if withdrawal has really increase on some sites as the site I am using now does not charge a fee for withdrawal although they pay a decent amount of fee to make transactions not to confirm too long.
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while several other gambling places have started to increase their shipping costs because bitcoin transactions are getting busier.
That's understandable, but as a gambler, you can check on different gambling sites and see which one you think you giving the best service.
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