Pages:
Author

Topic: Casinos Withdrawal Fees Rise (!?)|| October 2020 - page 15. (Read 6360 times)

sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
I don't mind if the sites use a dynamic system to calculate the correct fee. I like when you got the option to select if you want a slow/normal/fast withdraw with the right fee.

But they have to pay the fee they charge you. I had in the past some site which didn't do that.
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
These fees are constantly changing, their variation is related to the price of bitcoin, internal rules of each casino, promotions, etc., consider that these can change without prior notice.
Source: BitDice.me - Bitves.io  -  Gamdom.com - Luckyb.it  -  Roobet.com - Stake.com  - 777coin.com casineos.com - Tower.bet  Roundercasino.com Earnbet.io

_
These fees are constantly changing, their variation is related to the price of bitcoin, internal rules of each casino, promotions, etc., consider that these can change without prior notice.

Three casinos have had changes, all fees of them down .

I have incorporated two new casinos, one of them is for Poker only, it has an exchange but it is not active, but at least it is in the project.

Well done!! for the casinos on this list that maintain their rates and those that even offer a lower fee.
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
...::....

Thank you!


....:://::....
Having considered the above, let's go:



Source and Capture Archive info:
BitDice:https://imgur.com/RqjAocp / Bitvest:https://imgur.com/3uKNfwS / https://imgur.com/xR0JeUQ
Gamdom:https://imgur.com/HfG6rFe / Luckybit:https://imgur.com/pL5M0OB / Roobet:https://imgur.com/4njgjAD / Roobet2:https://imgur.com/undefined Stake:https://imgur.com/sMbri9R / 777coin:https://imgur.com/cr4HzHd

Considerations ,Archive Capture info:
These fees are constantly changing. E.g. Roobet went from $ 0.45 to $ 3.29 and then down to $ 1.30 by the way, it is the only one that shows these amounts in dollars.

If you see a different amount in days to come when you consult the web, it is not that the table has an error, it is that the price was updated. So the idea is to have a historical fee. That is why the tables of each post will not change. They will be updated with each new post.

______

...:://::...
There are some reliable sites with fixed fee or even without fee for withdrawal.
Stake and Primedice charges 5000 satoshi only although the current transaction fee is higher than the charged fee from players.
Fortunejack does not charge withdrawal fee IIRC, so it is very helpful for players especially players who play small amount only.

..:://::...

Prime Dice and fortunejack to be verified. If you allow me, I will use your information:

Casino Name: Primedice
Actual Fee:  0.00005 / Thank you
Previous Fee:
Swap: No/Si. To be confirmed.

_______

@ralle14
Thanks for the support, I will review them.

legendary
Activity: 3346
Merit: 1914
Shuffle.com
Here's my recent withdrawal experience and their fees.

Casino Name: bustadice
Actual Fee: Dynamic, if you use the instant withdrawal option you'll pay for .0002 and .00005 without.
Previous Fee: N/A
Swap: N/A
Comment / opinion / additional details: You'll wait for a few hours if you don't tick the instant withdrawal but they'll still use the same amount of fee for your transaction(.0002).

Casino Name: Stake
Actual Fee: Fixed, .00005
Previous Fee: N/A
Swap: N/A
Comment / opinion / additional details: The miner fee on your transaction is higher than what you paid for (.0001+).

Casino Name: sportsbet.io
Actual Fee: None
Previous Fee: N/A
Swap: N/A
Comment / opinion / additional details: They don't charge a withdrawal fee but there's a limit on how many times you can withdraw per day.

legendary
Activity: 3500
Merit: 1354
Each gambling site has a different withdrawal fees, therefore the solution might be to choose gambling sites with the lowest
withdrawal fees. But the problem is gambling sites with low withdrawal fees are not necessarily credible and reliable.

There are some reliable sites with fixed fee or even without fee for withdrawal.
Stake and Primedice charges 5000 satoshi only although the current transaction fee is higher than the charged fee from players.
Fortunejack does not charge withdrawal fee IIRC, so it is very helpful for players especially players who play small amount only.

So for me
it doesn't matter the increase in withdrawal fees, as long as the gambling sites are reliable, safe and comfortable.

Yap, it is a subjective thing. It does not matter for some gamblers but it does matter for other gamblers.
It does matter for me because I play small amount only and it does not worth if I have to pay high fee compared to the amount I'm going to deposit/withdraw.
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
Please consider using the following format:

Casino Name: / do not place if you do not think it is convenient, but you can leave the information in the rest of the Items.
Actual Fee: / Thank you
Previous Fee: Only if you know, do not try to invent, Thank you.
Swap: If you allow the withdrawal with a different currency with which you deposit. "Yes" is enough, but if you want adding value to your comment can give details. Thank you.
Comment / opinion / additional details:

Thank you!




<1>This is not necessary to do, but if you don't like it, feel free to use another thread. <1>

This thread is not self-moderated, I know the function, but there is someone who comes with that comment, in fact I do not criticize it but it is off-topic, we all want to help, thanks in advance.

<1-So take into consideration not adding more of the same in your own words. Consider that with five pages in this thread, what is relevant has already been commented or contributed by other user (s).

To those who cite, if you are going to cite, please do it to add value, not to justify, add to, or raise an interesting conversation between two users but without contribution to the thread. -1>

Avoid quoting and leaving the post uncommented, e.g. : Post #82




I will add just a few, there is no hierarchy in your presentation, the important thing is the information, check it, check it yourself. I am just collecting this information according to what I have used for various circumstances, in some I have deposited in others not, but if it appears safely I will.

In that sense, for those who recommend their Alt / Token / Shitcoin because they have cheap fees, I do not enter a casino because they have shitcoin and their fees are cheap. Is feeling, in reality there are several additional things.

<2>If you do not see your favorite casino; The reasons may be, that I am uploading it, that I am verifying the information or that I simply do not know about that specific casino.
You may not know it or you simply do not give me that feedback,
That does not mean it is bad, please, this is important that you understand me, this thread is more intended to cheking to bitcoin fees, just that. <2>

<2-Remember we are not rating a casino as Good / Bad for its fees, a high fee, low or zero commissions has no relevance in that type of rating, at least this thread does not pretend that. -2>

Having considered the above, let's go:

legendary
Activity: 3346
Merit: 1914
Shuffle.com
Casinos rising withdrawal fees makes no sense because after all the player pays for the transaction fees and not the casino. Essentially lifting the withdrawal fee up is nothing but a strategy of casinos to make more money as player would have to play more to be able to withdraw.
Some casinos do it for the profit but there are other casinos that increase it because they have to keep up with the recommended transaction fee if not their players will complain as their withdrawal takes hours to confirm.

You don't have to play more unless their minimum withdrawal is very high. From my experience with casinos that have no fee usually you only need to clear the deposit rollover if you want to withdraw and sometimes these free withdrawals provided by casinos take more time(few hours) than the paid ones.

sr. member
Activity: 1666
Merit: 268
Each gambling site has a different withdrawal fees, therefore the solution might be to choose gambling sites with the lowest
withdrawal fees. But the problem is gambling sites with low withdrawal fees are not necessarily credible and reliable. So for me
it doesn't matter the increase in withdrawal fees, as long as the gambling sites are reliable, safe and comfortable.
full member
Activity: 868
Merit: 151


Its the reality and we arent only experiencing this on gambling field but also in other services as well when bitcoins price tend to rally up then so as with it fees.

And this is where Altcoins would take in play..For small time gamblers then it would better to take this option yet fees wont really increase that much

compared to bitcoin but if you do really like on using up btc then you have to deal with it or simply just skip out and wait for fees to settle down.

I agree it's something that we will experience from time to time I remember experiencing this two years ago, and now some months ago again be prepare to take some options and you have other coins for options in case you don't want to deposit Bitcoin with higher fee, my coins of options are Litecoin, XRP and Tron.
For those who were not able to experience this kind of changes happen in cryptocurrency then pretty sure they will wonder why it happen. I conduct a google search on it before that it was happening and then direct me to a site telling that the high transaction fee is due to the high demand of miners or the numbers of transaction being made will make this as reason for the increase. More people are needing now the service of the miners which miners now are catering or prioritizing on those people who are willing to pay higher transaction fee to speed up the transaction.

Yes, so higher the fees you pay top priority you get to get your transaction confirmed over others. So at times you see you have to pay higher amount when there is a huge transfer happening or withdrawals happening so the rates increases and when there is not much withdrawals transaction fees are less.
full member
Activity: 686
Merit: 125


Its the reality and we arent only experiencing this on gambling field but also in other services as well when bitcoins price tend to rally up then so as with it fees.

And this is where Altcoins would take in play..For small time gamblers then it would better to take this option yet fees wont really increase that much

compared to bitcoin but if you do really like on using up btc then you have to deal with it or simply just skip out and wait for fees to settle down.

I agree it's something that we will experience from time to time I remember experiencing this two years ago, and now some months ago again be prepare to take some options and you have other coins for options in case you don't want to deposit Bitcoin with higher fee, my coins of options are Litecoin, XRP and Tron.
For those who were not able to experience this kind of changes happen in cryptocurrency then pretty sure they will wonder why it happen. I conduct a google search on it before that it was happening and then direct me to a site telling that the high transaction fee is due to the high demand of miners or the numbers of transaction being made will make this as reason for the increase. More people are needing now the service of the miners which miners now are catering or prioritizing on those people who are willing to pay higher transaction fee to speed up the transaction.
full member
Activity: 1022
Merit: 133
Casinos rising withdrawal fees makes no sense because after all the player pays for the transaction fees and not the casino. Essentially lifting the withdrawal fee up is nothing but a strategy of casinos to make more money as player would have to play more to be able to withdraw.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Actually, I have seen things happen in the opposite direction for two of the casinos I play at:)

Yolodice, for example, reduced their fees by half more or less, and FortuneJack actually went to completely zero fees for withdrawals. Bitvest doubled their though but they were quite small to begin with.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
I understand casino owner's with this kind of move it's to protect their business, especially when Bitcoin had such a massive move through the upside, they will end up in losses for sure.
To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.
Not every crypto currencies transaction fees are higher st the current time so people who are going to deposit little money can switch to an altcoin which is more faster and cheaper.Doge coin is one of the coin used by most of the gamblers who don't want to pay such high withdrawal fee, any comment on this?
legendary
Activity: 3346
Merit: 1914
Shuffle.com
I understand casino owner's with this kind of move it's to protect their business, especially when Bitcoin had such a massive move through the upside, they will end up in losses for sure.
To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.
It should be the opposite since it becomes difficult and expensive to withdraw smaller deposits since you have to pay for the fee as well. While for those gamblers that have a bigger bankrolls it's never an issue even if the casino have a deposit rollover you only lose a very small amount.

I think i've mentioned this in a different thread but dinabot could be a good alternative for gamblers who play on some of the popular dice sites and transfer their balance between different casinos to look for the cheapest fee possible.
legendary
Activity: 2982
Merit: 1028
These kinds of things are planned from the start, as soon as they see there are lots of people playing and withdrawing their money at a higher percentage than before. they need to think of a way to take advantage of the opportunity and there have you, a new way to gather money from the players without event using any tools or strategies. as simple as that, rising the withdrawal fees, the players will not have any option but to obey the new rules implemented by the Casinos.

Good and perfectly fits from this situation, It's much easier for casino owners to ride with this and take advantage.
There's no way for gamblers not to follow in order to withdraw their funds.

This adjustment being imply inside the casino house is part of the process, that gamblers needs to embrace and adopt.

sr. member
Activity: 1400
Merit: 269
I understand casino owner's with this kind of move it's to protect their business, especially when Bitcoin had such a massive move through the upside, they will end up in losses for sure.
To those players who are unable to withdraw you should just deposited small amounts instead of big bankroll. This should be a lesson learned.
hero member
Activity: 2268
Merit: 588
You own the pen
These kinds of things are planned from the start, as soon as they see there are lots of people playing and withdrawing their money at a higher percentage than before. they need to think of a way to take advantage of the opportunity and there have you, a new way to gather money from the players without event using any tools or strategies. as simple as that, rising the withdrawal fees, the players will not have any option but to obey the new rules implemented by the Casinos.
full member
Activity: 1190
Merit: 117
The increase in casinos withdrawal fees due to the rising price of Bitcoin is a problem for some people. Especially gamblers with small capital,
must be overwhelmed by the increase in withdrawal fees. Except online casinos that provide altcoins as a withdrawal option.Because choosing
withdrawal with altcoins like XRP, LTC and DOGE is much cheaper than withdrawing using Bitcoin. But if the online casinos only have Bitcoin
withdrawal options, of course I will replace them with other online casinos. Because I'm one of those people who have a small bankroll, so the
increase in withdrawal fees is burdensome for me.
sr. member
Activity: 952
Merit: 274
Why not use some casinos that accepts trx doge or some casinos that accepts crypto coins/tokens that has low fees? Right now there are numerous crypto that has different payment options but if you don't have any other crypto on your wallet then you have to digest what's really the fee the casino requires.

I don't have to change casino of course, I change my payment option usually the likes of XRP as it's more convenient as well.

most of the gambling casino we have now accepting other crypto currency so I don't think thats the real issue of the OP maybe he prefer to use bitcoin for gambling but he need to learn now how to use other crypto currency as alternative if they want to have low fees to be use for gambling.

If he knows how to convert his bitcoin to other coins, he will not have a problem in fees to withdraw the money. As you say, that now many gambling websites have the option to exchange from bitcoin to altcoin, which can help us to reduce the fees. It is no problem if he likes to use bitcoin to gamble, but it is better to convert it to altcoin if the fees are still too high.
Is there really gambling website where you can exchange bitcoin into selected altcoins? If yes can you give example because I want now to use altcoins because of the fees that keep rising. As a gambler, withdrawal fees are also factor and I want a gambling website have that kind of features where you can directly exchange your bitcoin in selected altcoins.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!

How much does it bother you that it increases disproportionately? Do you change casino for this reason?



Please! Big cash out players, we understand how insignificant the increase is for you.  Cool
But sometime in his successful career, he had the experience of paying a commission that meant 30% of his withdrawal of funds. (!?)

It would surely affect a lot of players since they are sacrificing at least large amounts of their profit by just withdrawing their winnings or funds. Maybe it bother others who have no additional income from other aspects in the Cryptocurrency Industry since gambling is really a great way to earn money if you are aware of its risks.
Pages:
Jump to: