I had long time swapped from using Bitcoin transactions to binance, quidax and BNB, I still wonder why a lot of persons still use Bitcoin even with the high charge, and come to think of it, what could be the reason for this increase in transactions charge
just got the answers I needed, Bitcoin is having a difficult time because of the congestion- so many persons are trying to access the platform and thereby causing delay in transactions and making the charges higher than usual 
Topic: How's your gambling experience right now? - page 4. (Read 704 times)
I had long time swapped from using Bitcoin transactions to binance, quidax and BNB, I still wonder why a lot of persons still use Bitcoin even with the high charge, and come to think of it, what could be the reason for this increase in transactions charge
I think both Ethereum and Bitcoin transaction is getting too costly. Its sickening. I think best options out there to use Tron mainly and/or bnb. These are safer ways. (Its funny Tron has only one use case in later months and its this, another topic). I think crypto casinos should incentivize depositing more amount of money. That would mean they would make more money, they would cut losses of their customers and they would help Bitcoin network to relax. I see no other way.
This is the time when you really appreciate the roles of altcoins in gambling. The likes of Dogecoin (Doge) and Litecoin (LTC) and stablecoins are great options especially when spending relatively small amounts for gambling. I feel like we are going back in time with this rising Bitcoin fees. We're moving backwards. We're brought back to the time when the strongest argument against Bitcoin is its fees. Now it is still the same, if not worse, thanks to Ordinals.
Agreed to this. The only reason why many gamblers here preferred using Bitcoin over altcoins before this NFT on ordinal is because most of the gamblers here are using their signature earnings which is on Bitcoin to directly deposit it to the casino rather than converting it first to altcoins.
I believe casino that have a built-in exchange on it is in demand right now since most of the gamblers that have Bitcoin on their wallet can convert their asset to altcoins when they withdraw out of the casino.
At duelbits casino players can make withdrawals with coins that are different from their coin deposits, but not all casinos allow this unless there is an exchange feature. I'm lucky enough to still have funds on one of the sports betting websites so I can still bet, especially on the big matches that will be held today, because it sucks when we can't bet on big match or play just because of huge network fees while we only have BTC in our wallet.
This is the time when you really appreciate the roles of altcoins in gambling. The likes of Dogecoin (Doge) and Litecoin (LTC) and stablecoins are great options especially when spending relatively small amounts for gambling. I feel like we are going back in time with this rising Bitcoin fees. We're moving backwards. We're brought back to the time when the strongest argument against Bitcoin is its fees. Now it is still the same, if not worse, thanks to Ordinals.
Agreed to this. The only reason why many gamblers here preferred using Bitcoin over altcoins before this NFT on ordinal is because most of the gamblers here are using their signature earnings which is on Bitcoin to directly deposit it to the casino rather than converting it first to altcoins.
I believe casino that have a built-in exchange on it is in demand right now since most of the gamblers that have Bitcoin on their wallet can convert their asset to altcoins when they withdraw out of the casino.
This is the time when you really appreciate the roles of altcoins in gambling. The likes of Dogecoin (Doge) and Litecoin (LTC) and stablecoins are great options especially when spending relatively small amounts for gambling. I feel like we are going back in time with this rising Bitcoin fees. We're moving backwards. We're brought back to the time when the strongest argument against Bitcoin is its fees. Now it is still the same, if not worse, thanks to Ordinals.
Indeed. If you still want to gamble but high fees of Bitcoin are hurting your funds, don't fret because many casinos are accepting altcoins for deposit/withdrawal with low fees. Hence, this is not a problem at all, you can still gamble anytime you want by using altcoins of your choice.In my case, it's been a while since I last play. Good thing I checked my email because 2 casinos where I (often gamble before) sent me a promotional bonus (free spins and free chips) that I can use to play again on their sites. It's their way to attract me back on playing so I'll grab this offer while Bitcoin fees are quite high.
This is the time when you really appreciate the roles of altcoins in gambling. The likes of Dogecoin (Doge) and Litecoin (LTC) and stablecoins are great options especially when spending relatively small amounts for gambling. I feel like we are going back in time with this rising Bitcoin fees. We're moving backwards. We're brought back to the time when the strongest argument against Bitcoin is its fees. Now it is still the same, if not worse, thanks to Ordinals.
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.
actually I maintained my gambling expenses each time and only withdrawing when I win , so there will still balance in my account each time.
Now I can simply play without having troubles in depositing , and in withdrawing ? I will simply need to convert my Bitcoin into other coins before taking it out..
These lastest days I have been quite busy so I have had no time to log in and roll dices on Stake, so for now I have not dealt with this horrible high fee drama yet. If I wanted to deposit in any casino, it would be a different story, though.
I am mostly a casual and small gambler who would not deposit more than 10$ in Bitcoin at the time, which unfortunately means that it could not do it, if I wanted to.
While I agree that moving to lighter chains for now it is a good enough solution, it is quite painful to see the Bitcoin network being artificially disabled this way by spam...
I am mostly a casual and small gambler who would not deposit more than 10$ in Bitcoin at the time, which unfortunately means that it could not do it, if I wanted to.
While I agree that moving to lighter chains for now it is a good enough solution, it is quite painful to see the Bitcoin network being artificially disabled this way by spam...
Same here. Having just $100 worth of BTC means half of it is meant for withdrawal fee. LN didn't help at all in this kind of attack to BTC. Its only good if you don't withdraw at all and just store your funds until the congestion calm down.
Its releiving for someone who are just using TRX as price seem stable right now. I bought TRX to send to a casino already.
Right, I am expecting to see a surge of gamblers stopping the use of Bitcoin to their deposits and withdrawals to move onto Litecoin, Tron and even second layer solutions for Bitcoin like LN.
Don't you mind me to ask what is the situation on the casinos in general with the withdrawval fees? The casinos you use have decided to increase the fees or keep it the same?
I personally believe that casinos should try to do the same as exchanges and accumulate withdrawal requests so they can carry it all with a single transacction, I am not sure how attractive that would be, though. It would imply to make gamblers wait for their money, specially if the volume of the casino is relatively small.
These lastest days I have been quite busy so I have had no time to log in and roll dices on Stake, so for now I have not dealt with this horrible high fee drama yet. If I wanted to deposit in any casino, it would be a different story, though.
I am mostly a casual and small gambler who would not deposit more than 10$ in Bitcoin at the time, which unfortunately means that it could not do it, if I wanted to.
While I agree that moving to lighter chains for now it is a good enough solution, it is quite painful to see the Bitcoin network being artificially disabled this way by spam...
I am mostly a casual and small gambler who would not deposit more than 10$ in Bitcoin at the time, which unfortunately means that it could not do it, if I wanted to.
While I agree that moving to lighter chains for now it is a good enough solution, it is quite painful to see the Bitcoin network being artificially disabled this way by spam...
Same here. Having just $100 worth of BTC means half of it is meant for withdrawal fee. LN didn't help at all in this kind of attack to BTC. Its only good if you don't withdraw at all and just store your funds until the congestion calm down.
Its releiving for someone who are just using TRX as price seem stable right now. I bought TRX to send to a casino already.
These lastest days I have been quite busy so I have had no time to log in and roll dices on Stake, so for now I have not dealt with this horrible high fee drama yet. If I wanted to deposit in any casino, it would be a different story, though.
I am mostly a casual and small gambler who would not deposit more than 10$ in Bitcoin at the time, which unfortunately means that it could not do it, if I wanted to.
While I agree that moving to lighter chains for now it is a good enough solution, it is quite painful to see the Bitcoin network being artificially disabled this way by spam...
I am mostly a casual and small gambler who would not deposit more than 10$ in Bitcoin at the time, which unfortunately means that it could not do it, if I wanted to.
While I agree that moving to lighter chains for now it is a good enough solution, it is quite painful to see the Bitcoin network being artificially disabled this way by spam...
Yes currently the transaction fees is damn high. If you want to do a small transaction, then you have to pay a large amount of transaction fees for it. Thank God, I always use to store some funds in the casino where I play the most. But to be honest yesterday there was an one-sided match where i wanted to bet more, but was restricted to deposit as the fees were very high. Nevertheless i am waiting for everything to be back to normal very soon, so that we can deposit and bet high on these easy games.
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.
With the Bitcoin fees continuing to rise, the only gamblers I see that can take those hits would be the high rollers. The alternative would be to take advantage of crypto casinos that have instant deposits but it's better to hold off any plans to deposit since a lot of transactions that used low fees are getting rejected. We can only hope that it doesn't last long because if we see the same fees for more than a few weeks then casinos might have to bump their fees as well. 
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.
This is a good question. I was going to send some more bitcoin to my gambling account, but the fact that the pool is so full and transactions are so expensive right now, I am stuck with what I've already got loaded in my account.
Sure I could send with a higher fee and get it to my wallet in time for the Lakers Golden State game tonight, but I never bet enough to make that worth it's while. So...I shall send with a low fee here sometime today with no rush, getting myself ready for the upcoming late week/weekend.
~snip~
Yes, a lot of people are angry about such high commissions. I can't afford to send money from one of my wallets to another for a few days already. Not to mention gambling. Ethereum network as well as Bitcoin network is experiencing congestion and I don't want to pay such high commissions. I hope in few days commissions will come back to normal and we will all be happy again, or we all will have to move to cheaper networks like Solana.
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.
Also the gas fees are huge now so for now I will refrain from withdrawing dollars from my wallet and when the transaction fees are much lower I will withdraw bitcoins from the wallet.
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.
It is so sad that the mempool is full every hour with large numbers of uncomfirmed transactions when halving is not here yet and this is getting out of hand, the miners are not even giving any priority to lesser fees with low priority or maybe I'm part of the people who don't get lucky yet to get my transactions to verify, and what I don't understand with the mempool this time around is that, in the night and weekends, they are usually lower but yesterday been Sunday was different, the fees were higher and the night was even worse, this made me think these BRC20 tokens are nonsense spams and ddos attack on the bitcoin network.
There is always an alternative, I still used Tron with USDT deposit, they are also slightly higher now since people are using them now as an alternative since the Bitcoin network becomes congested but they are manageable compared to Bitcoin.
I'm also on break.
"ith these fees it is really difficult to be able to make deposits (for example I like to bet live but at the same time keep the coins in my wallet).
will this be the right time for the major crypto bookmakers and casinos to decide to use LN in order to manage both withdrawals and deposits??
"ith these fees it is really difficult to be able to make deposits (for example I like to bet live but at the same time keep the coins in my wallet).
will this be the right time for the major crypto bookmakers and casinos to decide to use LN in order to manage both withdrawals and deposits??
I think this situation will become normal within few days when the transactions rate will be low and transaction fees will automatically come down but yes at this time it's hard to deposit btc.The problem is for small gamblers who can't afford this fees with small deposit but yes they can shift to other coins because playing through them is fine to save fees and most of them are also confirmed fast.But hope fees come down and we deposit btc to casino for gambling.
The problem is that nobody knows when a transaction fee will be down, and majority of the gambling websites don't give option of withdrawal except what you choose to deposit with, that means if transaction fees continue to going up that means that many people will quit from gambling, but everyone prayer is for the transaction fee to dropthey would be prioritizing into those who had paid up higher and basing up on mempool.space(as of this writing)
No Priority
86 sat/vB
$3.36
Low Priority
407 sat/vB
$15.89
Medium Priority
449 sat/vB
$17.53
High Priority
501 sat/vB
$19.56
I couldnt really afford on paying up those fees when i do gamble specially when im not really that a whale or does have tons of money.,
I do usually spend up $30 when it comes gambling and paying up that huge fee would really just that make a huge cut or slice on my capital.
I think this situation will become normal within few days when the transactions rate will be low and transaction fees will automatically come down but yes at this time it's hard to deposit btc.The problem is for small gamblers who can't afford this fees with small deposit but yes they can shift to other coins because playing through them is fine to save fees and most of them are also confirmed fast.But hope fees come down and we deposit btc to casino for gambling.
The problem is that nobody knows when a transaction fee will be down, and majority of the gambling websites don't give option of withdrawal except what you choose to deposit with, that means if transaction fees continue to going up that means that many people will quit from gambling, but everyone prayer is for the transaction fee to drop Jump to: