Fees can be a problem, especially when we withdraw. Sending fees can be adjusted, at the cost of waiting to get confirmed, like always lower fees more waiting, higher fees faster conformation.
There's no other cure for this than choosing some alt for gambling, and it's why I started to gamble with alts years ago. Alts like trx, doge, ltc and others are fast and with very low fees.
Topic: Casinos Withdrawal Fees Rise (!?)|| October 2020 - page 18. (Read 6424 times)
I planned to move in other online casino that have lower withdrawal fee because for me it is really a matter even though the differences are not huge.
No problem it's your choice, but if you move into another casino you have to start from the beginning, learning how it works again and learning a chance to win again.Not a risk if we know how to manage that risk, if we think that the fee is something we can't take, why withdraw frequently? let your money sleep for awhile and just withdraw when the fee is already affordable.
Not all people can manage the risk, as I know (like me) only know bet button 
indeed we are already used to it and it happens when crypto price rise. depends on how much the rise of the coin , its withdrawal fee are going to be impacted . good thing there are other coins that dont pump yet and their fees is still low like for example xrp but it also depend on the gambling site.
if no light coins available atm on the casino where i play , id rather not withdraw or changed casinos .
if no light coins available atm on the casino where i play , id rather not withdraw or changed casinos .
Another way if casino haven't choice to exchange into altcoin is betting it again the amount of fee, make double or triple it . or withdrawing when Bitcoin price sideaway
. or withdrawing when Bitcoin price sideawayEven with the fee, you have to gamble with that, lol.. that's another thing man.
I guess we should not worry about the increase of fee, the amount stated in the OP is not really huge, as a gambler, we are willing to take the risk, so that increase of fee is something we can take.. you are right DroomieChikito , why not win an amount to pay the fee, problem solve my friend.
I think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.
Not a risk if we know how to manage that risk, if we think that the fee is something we can't take, why withdraw frequently? let your money sleep for awhile and just withdraw when the fee is already affordable.
Another way if casino haven't choice to exchange into altcoin is betting it again the amount of fee, make double or triple it . or withdrawing when Bitcoin price sideaway
I think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.
I also have a concern in a certain online casino that I currently using because the withdrawal fee which for me is high become more expensive in these days but according to their support, it is a way for them to continue the operation because they say that they will incur losses if they will not adjust the withdrawal fee. I planned to move in other online casino that have lower withdrawal fee because for me it is really a matter even though the differences are not huge. . or withdrawing when Bitcoin price sideawayI think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.
Another way if casino haven't choice to exchange into altcoin is betting it again the amount of fee, make double or triple it . or withdrawing when Bitcoin price sideaway
I think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.
. or withdrawing when Bitcoin price sideawayI think this is another risk of gambling, we have to be ready when Bitcoin price climbing out of the moment and let's begin to manage a fee right now.
I planned to withdraw the other day in one of the gambling site then it surprise me their fees to withdraw is expensive. Granted btc price increase these days so it's best also to use other coins which cater lower fees. Some site they have lower fees of 0.0002 btc from vipgame which is fine and some rate is 0.0005 which is high fees so some gamblers avoid using btc to withdraw and some avoid in playing online these days for the meantime.
Some casinos change their fees but there are also sone who have fixed ones, which is better to my opinion. That is also something that is good to check before you choose a casino to play in. And in.such cases it's maybe better to avoid Bitcoin as a gambling coin, maybe ETH would be a better choice. Casinos just try to make the profit and it's on us to try the best terms for us, so a little research of online casinos is needed.
If the withdrawal fees increase, you can convert your bitcoin to another coins which don't have a high fee such as litecoin, dogecoin, or even ethereum. I think that will not be a problem for us if that gambling site have that options to convert our bitcoin into another coins. But if the website doesn't have that features, I think you can wait and save your bitcoin until the amount can be bigger, so the fees will not be a problem for you. I think that is a good solution for you to prevent from paying a high fee in bitcoin.
some casinos though are not allowing us to convert it to other coins to withdraw. if you have tried the casineos they are not allowing it. i tried playing that emperor game they have there just to try few so i deposited some btc. win some and lose some so i tried to get out. ironic that its on EOS platform but does allow withdrawing EOS.
i hope the casinos these days will also adjust the fees because its agonizing even just few $ will hesitate players.
What if the casino's doesn't have the options to withdraw your funds in other coins? So it's either you:
(a) wait till everything settles down
(b) or withdraw it in batches, it might take long though and won't be instant (of course, there's no such thing as instant, you still need to wait for a couple of hours)
(a) wait till everything settles down
(b) or withdraw it in batches, it might take long though and won't be instant (of course, there's no such thing as instant, you still need to wait for a couple of hours)
There is nothing we can do but wait until the mempool transaction declined or cash out big.
Or we can rather just use XRP or DOGE for transactions or just use it in gambling instead? Such actions/strategies helped me to lessen the pain with the transaction fees of bitcoin has. I've been using those in my gambling activities and had no any difference with the betting per se nor the gaming/games itself in various gambling platforms. Those alt's systems are fast and pretty fine for me yet the biggest flaw is that some gambling platforms doesn't support those, nor could exchange between BTC to any of the two mentioned.
But I prefer the cash out big idea if my suggestion isn't applicable in the situation. In my campaign, Casineos, the fee to withdraw is almost 5$ hence holding btc is a better and much preferable idea (even though holding money on a gambling platform was risky)
Gamblers won't withdraw from the casinos regularly. Most of the top rated casinos always give the best entire access to the users. We're responsible to take care of our funds with ultimate security.
Look into casineos casino, once on sign-up you need to secure your security key as well as recovery words. Further if you forget your password this is the only option to recover your funds. The team can't do anything in such situation. As there is no third party control over our funds why can't we withdraw at some specific time interval to avoid the fee.
Look into casineos casino, once on sign-up you need to secure your security key as well as recovery words. Further if you forget your password this is the only option to recover your funds. The team can't do anything in such situation. As there is no third party control over our funds why can't we withdraw at some specific time interval to avoid the fee.
same thing with me I also have funds there but no plan to widraw it unless I see that the fees is lower compared to what we can see now . The fees I seen this day is around 0.0005 for widrawal.
Suggestions to other gamblers use alternative currency if you want to gamble with less fees in that case you will not need to wait for bitcoin to have lower fees.
In the case of YOLOdice website, we can't deny that the withdrawal fees are significantly high which makes it impractical to withdraw such low amount of bitcoin. At the time of writing this, the "instant withdrawal" option will cost you for about 0.00117 BTC while the batch withdrawal will cost you for about 0.000585 BTC. That is why, it would be more appropriate to withdraw at least 0.03 - 0.05 amount of bitcoin on a regular basis whenever the mempool is congested.
Moreover, I also don't think if YOLOdice is making profit with regards to withdrawal. The reason why there is an increase of withdrawal fees is that ethan decides that the withdrawal fee must be proportional to the network fee and making sure that the transaction will be confirmed in the next few blocks possible.
There is nothing we can do but wait until the mempool transaction declined or cash out big.
Moreover, I also don't think if YOLOdice is making profit with regards to withdrawal. The reason why there is an increase of withdrawal fees is that ethan decides that the withdrawal fee must be proportional to the network fee and making sure that the transaction will be confirmed in the next few blocks possible.
There is nothing we can do but wait until the mempool transaction declined or cash out big.
The betting site and casino I have been using for quite a while does not charge a fee for withdrawals, although I haven't been gambling very lately so I am not sure if it is now imposing fees.
Anyway, to answer your question, I would probably be leaving my casino of choice if it ended up massively increasing its withdrawal fee after a long time of charging zero. I normally does not keep much money in my casino wallet as it only entices me to bet more so I am making withdrawals after a certain amount is reached. High withdrawal fees will definitely be a hassle that might discourage me from staying there.
Anyway, to answer your question, I would probably be leaving my casino of choice if it ended up massively increasing its withdrawal fee after a long time of charging zero. I normally does not keep much money in my casino wallet as it only entices me to bet more so I am making withdrawals after a certain amount is reached. High withdrawal fees will definitely be a hassle that might discourage me from staying there.
Gamblers won't withdraw from the casinos regularly. Most of the top rated casinos always give the best entire access to the users. We're responsible to take care of our funds with ultimate security.
Look into casineos casino, once on sign-up you need to secure your security key as well as recovery words. Further if you forget your password this is the only option to recover your funds. The team can't do anything in such situation. As there is no third party control over our funds why can't we withdraw at some specific time interval to avoid the fee.
Look into casineos casino, once on sign-up you need to secure your security key as well as recovery words. Further if you forget your password this is the only option to recover your funds. The team can't do anything in such situation. As there is no third party control over our funds why can't we withdraw at some specific time interval to avoid the fee.
If the withdrawal fees increase, you can convert your bitcoin to another coins which don't have a high fee such as litecoin, dogecoin, or even ethereum. I think that will not be a problem for us if that gambling site have that options to convert our bitcoin into another coins. But if the website doesn't have that features, I think you can wait and save your bitcoin until the amount can be bigger, so the fees will not be a problem for you. I think that is a good solution for you to prevent from paying a high fee in bitcoin.
The withdrawal fees of the casino sites right now increased when the price of Bitcoin increased too.
I have some funds in my gambling site and TBH I only withdraw all of them once in a month so I can maximize the withdrawal fees on it.
Whenever I withdraw my funds there. I often observe the prices of Bitcoin and at the same time Ethereum because there are times that I withdraw them in 100% BTC, 100% ETH or either withdrawing a portion of it in either BTC or ETH. Using DOGE to withdraw your funds is probably the cheapest way but there are only few apps or sites where they are accepting it unless you will use an exchange to convert it into BTC.
I have some funds in my gambling site and TBH I only withdraw all of them once in a month so I can maximize the withdrawal fees on it.
Whenever I withdraw my funds there. I often observe the prices of Bitcoin and at the same time Ethereum because there are times that I withdraw them in 100% BTC, 100% ETH or either withdrawing a portion of it in either BTC or ETH. Using DOGE to withdraw your funds is probably the cheapest way but there are only few apps or sites where they are accepting it unless you will use an exchange to convert it into BTC.
This is also the strategy that I used. The last time I withdraw, and it was my fault as I didn't check the fees that time and to my surprised I have to pay so much in fees alone that I just decided to let some of my bitcoin sit in a gambling site and wait for the right time to withdraw when the network has cleared up.
But there are options in a casino that I played wherein you can withdraw instantly or not. I always choose the options to withdraw instantly with high fees or not, but I have to wait. So probably I will uncheck the instant withdraw and maybe try the other options to go to queue because the casino allow me to withdraw it.
Usually I move in Bitcoin, ETH, thanks for that information, sometimes I use it but not all casinos offer the possibility of depositing in bitcoin and withdrawing in another altcoin, but by the way since you mention it is the alternative, but what As usual, in that casino where you can swap, I only play Chinese Poker.
There are casinos where you can deposit in Bitcoin and withdraw in ETH, USDT, and token, even without commission. But the point is the casinos that do not have this alternative coincidentally are the ones that increase their commissions the most.
There are casinos where you can deposit in Bitcoin and withdraw in ETH, USDT, and token, even without commission. But the point is the casinos that do not have this alternative coincidentally are the ones that increase their commissions the most.
Just simply use altcoins to prevent huge Bitcoin withdrawal fee. With the popularity and huge volume of bitcoin in the market, it would also be a reason for most gambling platforms online to make profit out of it. Also, the BTC fee would always depend on its price, mostly taken of by percentage. And, even gambling platforms do require their own escrow/wallet to send simultaneous withdrawals, such wallets do also require their part of the transaction fees, making higher fees on the platforms.
And those casinos that accepts tokens without commission often had a bad image. Why? Such platforms that redirects to your MEW or any wallet you had are too risky and not a good practice to make. Better find platforms that supports ETH, DOGE, and XRP, in which such altcoins doesn't have any issues with the price fees, but still the games and bets would be the same.
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The withdrawal fees of the casino sites right now increased when the price of Bitcoin increased too.
I have some funds in my gambling site and TBH I only withdraw all of them once in a month so I can maximize the withdrawal fees on it.
Whenever I withdraw my funds there. I often observe the prices of Bitcoin and at the same time Ethereum because there are times that I withdraw them in 100% BTC, 100% ETH or either withdrawing a portion of it in either BTC or ETH. Using DOGE to withdraw your funds is probably the cheapest way but there are only few apps or sites where they are accepting it unless you will use an exchange to convert it into BTC.
I have some funds in my gambling site and TBH I only withdraw all of them once in a month so I can maximize the withdrawal fees on it.
Whenever I withdraw my funds there. I often observe the prices of Bitcoin and at the same time Ethereum because there are times that I withdraw them in 100% BTC, 100% ETH or either withdrawing a portion of it in either BTC or ETH. Using DOGE to withdraw your funds is probably the cheapest way but there are only few apps or sites where they are accepting it unless you will use an exchange to convert it into BTC.
There is a relation to the current price rise of bitcoin and also because of the network congestion. I'll take the advice of others if you don't want to pay the increased fee for bitcoin withdrawals, you can always convert it to altcoins which have lesser fees.
But if your casino doesn't have an option or feature like that, you can set to the lowest priority but make sure that you're not in a hurry. We have no choice if fee increases but to do what fits the likes of you in withdrawal.
But if your casino doesn't have an option or feature like that, you can set to the lowest priority but make sure that you're not in a hurry. We have no choice if fee increases but to do what fits the likes of you in withdrawal.
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