How's your gambling experience right now? - page 2.

klidex

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Quote from: Wakate on May 09, 2023, 07:02:02 PM

Quote from: Cling18 on May 09, 2023, 05:58:15 PM

Quote from: dezoel on May 09, 2023, 04:12:41 PM

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.

This should not be one of the reason why you decided not to make bet again because I think we still have the options to make use of other tokens or coins for deposit and withdrawal. Although the sudden spike in the price of Bitcoin had affected so many trades and transactions and we are still hoping that the price of gas fee is going to change soon. I can't just imagine paying exorbitant amount of money for gas fee for just small about of transaction. This could be one of the reasons why so persons decided to put an halt to any of there Bitcoin transactions.

Most crypto gambling sites have other options for depositing and withdrawing funds from the casino which makes it easier for customers to continue gambling despite the high inflated transaction fees in bitcoin.
So there is no reason for transaction costs to go up, crypto gamblers have to stop gambling, it doesn't have to be done.
As we know that almost all gamblers nowadays prefer USDT as money for gambling which is more comfortable and has many network options that we can choose to adjust the transaction fees to be lower.

Negotiation

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In my opinion it is better to use other currencies instead of just gambling with bitcoin crypto gamblers should have experience with all currencies. Crypto casinos only accept a few major cryptocurrencies, including bitcoin. For a casino to qualify as a bitcoin casino, it must not only accept bitcoin, but also Litecoin, Ethereum and Bitcoin Cash. Withdrawing your winnings from a bitcoin casino is easy, but it's important to understand that you'll need a crypto wallet to do so these transactions work just like making a deposit.

chaser15

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I do think that most of us here might have hesitation to gamble with Bitcoin for now. But generally, I don't see why the current high fees in Bitcoin transactions should affect most crypto-gamblers, referring to die-hard crypto-gamblers. As per the popular gambling-related saying, a gambler will stay a gambler no matter what, and crypto-gambling enthusiasts, they might use other coins aside from Bitcoin to keep them in motion. Other crypto-gamblers also already have some ways to deal with the current situation.

However, the current situation is not good for casual or small gamblers. They have no choice but to face the current fees higher than usual if they really intend to play gambling with the use of Bitcoin or else just refrain from doing Bitcoin gambling for now.

harizen

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Quote from: Coin_trader on May 07, 2023, 11:56:16 PM

Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.

Not touching any Bitcoin-related deposits in the meantime, regardless of the service for an obvious reason. Although there's an alternative aside from bitcoin deposit depending on the supported cryptocurrencies of the said site.

As for my gambling activity, I'm currently spending more time on fiat-based online casinos since I hooked up at some popular game providers there such as Jilli, PG, KA, BNG, and BP games. There are also providers there that we can see in crypto-gambling sites such as Play And Go and Yggdrasil.

I'm looking forward that my favorite crypto-game slot provider, Thunderpick will soon touch fiat online casinos, or to be specific, here in our local.

Wakate

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Quote from: Cling18 on May 09, 2023, 05:58:15 PM

Quote from: dezoel on May 09, 2023, 04:12:41 PM

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.

This should not be one of the reason why you decided not to make bet again because I think we still have the options to make use of other tokens or coins for deposit and withdrawal. Although the sudden spike in the price of Bitcoin had affected so many trades and transactions and we are still hoping that the price of gas fee is going to change soon. I can't just imagine paying exorbitant amount of money for gas fee for just small about of transaction. This could be one of the reasons why so persons decided to put an halt to any of there Bitcoin transactions.

Fatunad

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Quote from: DoublerHunter on May 09, 2023, 06:16:59 PM

Quote from: Cling18 on May 09, 2023, 05:58:15 PM

Quote from: dezoel on May 09, 2023, 04:12:41 PM

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.

^Definitely right and the reason I always prefer a casino that has an alternative deposit option.
Many other major altcoins offer lower fees and faster transaction times than BTC, which can make them a more viable option for frequent gambling transactions. In fact, if you notice that during high fees of BTC, altcoins will follow too, high fees are not unique to BTC and other cryptocurrencies can experience similar issues during periods of high demand. No chose, either to take a break or use your fiat instead.

If we do play only on a casino or gambling site which does have only that single option which is Bitcoin then we dont have no choice but to wait up until the transaction would confirm but its up to ours
because we could have some options.

1. Dont play and wait for the network to be find
2. Do tend to play on other site with other altcoin option
3. Accepting current bitcoin fees and go loyal with the site you do like

Just like on what others been saying above that most gambling sites now does have multiple deposit choices or options on which it isnt
really just accepting Bitcoin but also in other top ranking altcoins as well which would ease up the current problem that we are facing.

DoublerHunter

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Quote from: Cling18 on May 09, 2023, 05:58:15 PM

Quote from: dezoel on May 09, 2023, 04:12:41 PM

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.

^Definitely right and the reason I always prefer a casino that has an alternative deposit option.
Many other major altcoins offer lower fees and faster transaction times than BTC, which can make them a more viable option for frequent gambling transactions. In fact, if you notice that during high fees of BTC, altcoins will follow too, high fees are not unique to BTC and other cryptocurrencies can experience similar issues during periods of high demand. No chose, either to take a break or use your fiat instead.

Cling18

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Quote from: dezoel on May 09, 2023, 04:12:41 PM

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

I didn't even notice it early enough since I'm not down on gambling my funds.., but I noticed that when I ran a txn on my campaign earnings and I was charged so high that I thought I had altered something on my TW address or so... After some proper scrunity, I discovered that the dollar value had risen high too, which is prolly the reasons for the incessant increments.
I would say ...alot are still coping even with the fees; mostly the ones that had 'em funds HODLed in there already. Does this really mean casinos won't be having alot of turn-ups like ever before? Cus helllllll...!! Everyone is damn affected with this.

Sandra 🧑‍🦰

Mahanton

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Quote from: Huppercase on May 09, 2023, 04:31:17 PM

Quote from: dezoel on May 09, 2023, 04:12:41 PM

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

This is the time Casinos and Sportbook should implement internal swap function to allow players swap there coins from one coin to another, what is the point of winning in BTC and you are only allow to withdraw Bitcoin, they should allow people used other options of coins, atleast they are doing their self a favour for having more BTC since players wouldn't be interested on withdrawing BTC and I think that what Casinos even desire the most because it is very profitable for them.

Quote

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

Since most players prefer Bitcoin as native deposit for gambling, they can also built-in lightening network like the way exchanges are trying to do now, it will not only help players enjoy fees, it will serve as a marketing strategy to draw more gamblers into their platform if they have good reputations and doesn't cheat players.

I remember that Stake does have this function on which there's an internal swap or even of FJ i cant remember on which it is really that good to have, but with having those legal issues which its been attaching about KYC then its been removed. Well, its not really that something a huge issue because most of gambling sites now does have lots of coin options which you could deposit and make withdrawals if ever you do pull out some winnings. Its not necessarily that you would really be converting it back to Bitcoin yet you could simply ask out a particular coin to be withdrawn directly into your non custodial wallet or whatever you do have.
Now is indeed a bad time on making some Bitcoin based type of gambling where you would be making or needing to pay up some huge fees before you could be able to get that fast confirmation on tx
but we know that not all would really be able to afford or cant really deal up with those high fees but luckily we are really that having lots of coin options which it
could really be able to solve out on what you are problematic on.

Huppercase

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Quote from: dezoel on May 09, 2023, 04:12:41 PM

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

This is the time Casinos and Sportbook should implement internal swap function to allow players swap there coins from one coin to another, what is the point of winning in BTC and you are only allow to withdraw Bitcoin, they should allow people used other options of coins, atleast they are doing their self a favour for having more BTC since players wouldn't be interested on withdrawing BTC and I think that what Casinos even desire the most because it is very profitable for them.

Quote

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

Since most players prefer Bitcoin as native deposit for gambling, they can also built-in lightening network like the way exchanges are trying to do now, it will not only help players enjoy fees, it will serve as a marketing strategy to draw more gamblers into their platform if they have good reputations and doesn't cheat players.

dezoel

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This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

madnessteat

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It seems to me that if the problem with high commissions in Bitcoin network is not solved, the use of the first cryptocurrency will significantly reduce not only in casinos, but also in payments and transfers. In fact, Bitcoin has long ceased to be cheap to use for the average person, as Satoshi Nakamoto wanted. And after a tenfold increase in fees, it already seems like a pipe dream. I wonder how events will develop further.

Weawant

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Quote from: Coin_trader on May 07, 2023, 11:56:16 PM

Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.

I'm still gambling and that's because I have some funds left in my account, I don't mind keeping them there because they help in situations like what we're experiencing now. I believe this will be over very soon though as it isn't the first time it happened.

When keeping money on casino wallets, you don't have to keep everything you made as profit but just some few amount so you can have money for quick bets. Also when choosing a casino to use always comfirm if they have other deposit options.

Casino that has USDT deposit option will be functioning properly. This high fees isn't just affecting only casino but also exchanges and any service that rely on Bitcoin blockchain to receive coins since Bitcoin is one of the most used cryptocurency.

pawanjain

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Quote from: Coin_trader on May 07, 2023, 11:56:16 PM

The transaction fee on Bitcoin is increasing day by day. It cost now 14$ for a low-priority transaction to 17$ for high priority transaction. I was planning to make a deposit today on my casino account until I notice the high fee on my electrum sent tab. The fee is almost 5% of my total bankroll that I was supposed to deposit. I decided to rest for now since I will be down immediately by 5% for a transaction that I don't know when will gonna be confirmed.

Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.

You should just avoid depositing any coins for the time being while the fees are high.
These will get back to normal once the network congestion is decreased.
It's good to have some coins lying around on the site but I know that being a gambler we tend to gamble away the last penny in our account.
So lets just take a break for the time being and enjoy some fresh outside instead.

inthelongrun

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It is hard not to gamble these days since we have the NBA playoffs and other sports events. So most of us continue to gamble mate whether bitcoin fees are high or low. Most online casinos now accept not just bitcoin but altcoins like ethereum and stable coins like the usdt. There are also more altcoins that have very low gas fees. USDT is a good choice since Binance chain has very low fees and at least we are also using a stable coin that will be unaffected by the large swings in the crypto market.

ethereumhunter

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Quote from: Taskford on May 09, 2023, 08:35:13 AM

Not a good idea to deal up with bitcoin since the fee is so high and we cannot be so sure the transaction speed since its also hard to get stuck while we really want to play the game immediately. Maybe its time to look for better alternative and litecoin is better option for this, they could also find other alts which offer more convenience to their user so that there will be no problem if the same issue with bitcoin will occur in future.

Maybe now we can switch to using altcoins for gambling because the costs are still high. And we also don't know whether if we keep using bitcoin it will run smoothly or whether it will get stuck in the network. It's better if we avoid it for a while or maybe rest a bit while waiting for the network to recover. Those are the only two solutions I can see right now, except if we already have balances at multiple casinos, it will make it easier for us not to deposit any more money into them.

Quote from: Distinctin on May 09, 2023, 08:51:04 AM

We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.

This is the advantage of playing gambling at crypto casinos because we can use many altcoins in cases of increased transaction fees that we don't know how long they will subside. We can only hope that the transaction fees will return to normal so that those used to using bitcoins for gambling will not feel like they are now. Casinos now provide support to users by providing many altcoins to gamble with.

Yatsan

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I'm currently focused on some match ups in NBA right now and somehow, result is breakeven. Having a hard time to hit parlays and winning teams but will probably be sticking to my biases. If it is general experience, I'd say sportsbetting made me enjoy gambling the most in comparison to other games I used to play such as roulettes, dice, and card games. With regards to my losses, nothing much if I calculated it correctly. Something helped me to do it properly is to limit the amount I am betting in each day which also helped me to enjoy playing,responsibly. What makes this industry stressful is ofcourse losses, but since it is more often the outcome, I think players should be the one to make the adjustment.

ultrloa

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Quote from: Bushdark on May 09, 2023, 09:03:25 AM

Quote from: Distinctin on May 09, 2023, 08:51:04 AM

Quote from: ethereumhunter on May 09, 2023, 07:32:09 AM

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.

We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.

Gambling is something that we need to have different options so that we be able to mix things and make it easy for us to execute.
The problem of high fee especially on Bitcoin network and Tron network is quite annoying and I wondered how long this will take us for everything to come back to normal. If this persist, I think many of the crypto casinos would have to seek for other options that would make work easier for them. There will be need to open other options for gamblers to make deposit with other cryptocurrenies so that will not halt gambling activities.

Annoying to the fact that we cannot use bitcoin directly just like what we used to do. The high fees is really not good since we need to convert on another altcoin just to make our transfer to the casino succeed, imagine the hassle with this and we don't have a choice but to do it since we used to gamble on everyday. But let see on ongoing development if the issue will be solve since for sure many want to see bitcoin goes back to normal.

Cantsay

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Quote from: Lorence.xD on May 09, 2023, 08:50:36 AM

My current experience now in gambling is that I always play online in many different gambling games such as pokers, lucky 9 and also what we called "sabong". Same thing always is not that I'm greedy when I'm winning, I always win $200 in a day but in just days passed I would also lose $200. So right now I don't have a big time winnings so I would try to give myself a limit when to stop. But it's fun all good, the risk and the thrill it gives which makes me play more gambling of course not spending all my funds.

I'm not sure you got what Op said.

The question in the title, "How's your gambling experience right now?" Does not literally mean how you have been betting, your betting strategy, or the stats of both your wins and losses.
He's curious how we've been dealing with the ongoing bitcoin network congestion, whether we're still making deposits with our BTC or if we've decided to switch to another altcoin that's accepted in our casinos.

I get that the title can be misleading if you don't the whole contest of the Op.

Topic: How's your gambling experience right now? - page 2. (Read 662 times)