Nitrogen $20 withdrawal fee - page 4.

RogerKlotz

newbie

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Quote from: BitcoinMarshal on December 19, 2017, 03:00:41 PM

Quote from: Layla99 on December 19, 2017, 09:51:03 AM

The thing that makes it so shitty is you need 1 confirmation to place a wager now so if you want to bet on a game that day you better send your deposit with a fee that will confirm in time so now you need to pay a generous deposit fee along with the withdrawal fee. They really need to start accepting alts. If betcoin didn't have such a TERRIBLE sports book UI and pretty crappy support, I'd move there in a heartbeat

Its good suggestion now time for them to accept few altcoins also because now we other sports betting sites already started and some doing work because its very high fees even we have one free withdrawal every week its good site working for many years without too much problems

Its s very good site but it was best when i could bet and withdrawl but now i bet maybe win but immediate lose money withdrawing my money

BitcoinMarshal

hero member

Activity: 756

Merit: 504

Quote from: Layla99 on December 19, 2017, 09:51:03 AM

The thing that makes it so shitty is you need 1 confirmation to place a wager now so if you want to bet on a game that day you better send your deposit with a fee that will confirm in time so now you need to pay a generous deposit fee along with the withdrawal fee. They really need to start accepting alts. If betcoin didn't have such a TERRIBLE sports book UI and pretty crappy support, I'd move there in a heartbeat

Its good suggestion now time for them to accept few altcoins also because now we other sports betting sites already started and some doing work because its very high fees even we have one free withdrawal every week its good site working for many years without too much problems

JayLiaster

newbie

Activity: 20

Merit: 0

Fee transaction will increase all day with the increment of the value and the traffic i hope in a switch of altcoin and blockchain... Anyway i always do a great balance before i need to withdraw or i do a withdraw with a friend (if the site permits rain or tip Tongue

)

Layla99

member

Activity: 68

Merit: 10

The thing that makes it so shitty is you need 1 confirmation to place a wager now so if you want to bet on a game that day you better send your deposit with a fee that will confirm in time so now you need to pay a generous deposit fee along with the withdrawal fee. They really need to start accepting alts. If betcoin didn't have such a TERRIBLE sports book UI and pretty crappy support, I'd move there in a heartbeat

veleten

legendary

Activity: 2016

Merit: 1107

Quote from: Minus7point5 on December 19, 2017, 07:03:58 AM

Quote from: xYakult on December 19, 2017, 12:48:41 AM

Quote from: Minus7point5 on December 18, 2017, 08:39:00 PM

Quote from: xYakult on December 18, 2017, 08:09:11 PM

Quote from: Minus7point5 on December 18, 2017, 06:15:15 PM

Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items." They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!

No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?

I know you live in the Philippines and things might be different over there, so I'll explain myself only one more time:
If company A spends $10 to manufacture an item, which is sold and then returned, company A loses $10 because company A can not sell that item.
Your analogy "it is just like their items did not get bought in the first place" is entirely inaccurate.

Nitrogen needs to change their withdrawal policy or at least address the issue.

why would they change their withdrawal policy?
you do not come to a shop and say: "hey I think your price is unfair,you need to change your
price policies and also give me things for free" Grin

you just go to a shop/casino that suits you instead and its the only way you can change their policies
since once they see that it results in profit or clientelle loss,they might change the policies themselves

Minus7point5

jr. member

Activity: 191

Merit: 1

Quote from: xYakult on December 19, 2017, 12:48:41 AM

Quote from: Minus7point5 on December 18, 2017, 08:39:00 PM

Quote from: xYakult on December 18, 2017, 08:09:11 PM

Quote from: Minus7point5 on December 18, 2017, 06:15:15 PM

Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items." They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!

No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?

I know you live in the Philippines and things might be different over there, so I'll explain myself only one more time:
If company A spends $10 to manufacture an item, which is sold and then returned, company A loses $10 because company A can not sell that item.
Your analogy "it is just like their items did not get bought in the first place" is entirely inaccurate.

Nitrogen needs to change their withdrawal policy or at least address the issue.

xYakult

sr. member

Activity: 518

Merit: 258

Quote from: Minus7point5 on December 18, 2017, 08:39:00 PM

Quote from: xYakult on December 18, 2017, 08:09:11 PM

Quote from: Minus7point5 on December 18, 2017, 06:15:15 PM

Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items." They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!

No they are not losing money, it is just like their items did not get bought in the first place. So my point is still the same, its just you can't understand what nitrogensports is done because you only look at one side of the issue. Let me ask you, are you willing to pay $20 for withdrawal your players make? If yes, you should create a gambling site and I will make a deposit of lets say 1btc and withdraw .001btc for 1000x and you will pay $20,000 for nothing. makes sense?

Minus7point5

jr. member

Activity: 191

Merit: 1

Quote from: xYakult on December 18, 2017, 08:09:11 PM

Quote from: Minus7point5 on December 18, 2017, 06:15:15 PM

Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Did you even read what you just typed?
Of course Costco is wasting "so much money by accepting items." They don't sell returned items.
So clearly Costo is losing money and biting the bullet, something Nitrogen needs to wake up and do as well!

xYakult

sr. member

Activity: 518

Merit: 258

Quote from: Minus7point5 on December 18, 2017, 06:15:15 PM

Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.

The case in this is different, your Costco are not wasting so much money by accepting items that their customers return because of whatever reason while nitrogensports will lose so much money everyday if they continue to give free withdrawals, thousands of dollars daily. Don't forget about small players too who withdraw everytime they get .001btc on freeroll Cheesy

Tenderino

full member

Activity: 336

Merit: 103

Quote from: Minus7point5 on December 17, 2017, 04:11:02 PM

What about customers who have been making daily withdrawals for the past 2 years? They are going to turn away loyal customers over $20.
It's just not practical and since most of your remaining post was rambling, bottom line is I can not be the only one shocked by this new policy.

I have to admit that the advantage of NitrogenSports was quick withdrawals at any time and there are surely some bettors who deposit and withdraw several times within a day. The problem is that the bitcoin processing fees are very high currently and NitrogenSports hardly can eat those fees and has to forward it to their customers. I do not know how Jetwin handles this, but they offer also anonymous accounts.

Minus7point5

jr. member

Activity: 191

Merit: 1

Some good conversation going on in here and as always, the occasional post whoring Tongue

Bottom Line

For people who don't like to keep their BTC on exchanges, Nitrogen has now become a bad option. I don't even like keeping my coins on Kraken and Polo, so why would I sleep well at night with money on a gambling website?

Imagine a company with superior customer service (ex. Costco). Costco allows customers to return anything, in any condition for any reason. They are the best in their industry. Now, imagine if after all these years, they just did away with their return policy. That would create triggers and certainly upset a lot of people. In fact, many people may look for alternate shopping solely based on their decision to do away with their ongoing tough to beat return policy. It would be a horrible business move and very comparable to what Nitrogen is doing. For all the new money coming into the BTC gambling, they couldn't have picked a worse time to change their policy.

Hey Nitrogen I know you're reading this! Care to chime in rather than act like everything is ok?

betong

member

Activity: 130

Merit: 10

fee is fair. just withdraw weekly or atleast $2000.

one thing nitro can have is non instant withdraw then send to many.

babygun

sr. member

Activity: 2170

Merit: 254

Although a 20$ withdrawal fee is high, especially for players who play with low amounts, but they still offer 1 free weekly withdrawal.
Personally, I don't see the benefit/use of withdrawing every day your bitcoins.

nizamcc

legendary

Activity: 1218

Merit: 1007

Quote from: Netnox on December 18, 2017, 01:01:46 PM

There is no point in blaming them. What they can do, when the bitcoin transaction fee is so high? I checked the average fees and the minimum amount required for instant confirmation has increased to around 600 Sat/Byte (all time high?). And it is not just Nitrogen. Have you checked the withdrawal fee at cryptopia? It is close to $40 for a single transaction!!

Yeah, that's true man. They had been giving a lot of stuff for free, free bets, lotteries, stakes, free BTC on your parlay wins and many other freebies since the day they started and just because they started charging a fee for withdrawal, now this guy thinks that it's bad for their business? They had been allowing and processing withdrawals way quicker compared to other sportsbooks. And if users will ask for daily withdrawals, how will they manage to deal with the current fee slab that's hammering every bitcoiner around the globe? The step they have taken is much better because this way, they will cut their losses as well as none would now redeem daily and/or will keep their coins in the sportsbook itself.

Netnox

legendary

Activity: 2044

Merit: 1008

There is no point in blaming them. What they can do, when the bitcoin transaction fee is so high? I checked the average fees and the minimum amount required for instant confirmation has increased to around 600 Sat/Byte (all time high?). And it is not just Nitrogen. Have you checked the withdrawal fee at cryptopia? It is close to $40 for a single transaction!!

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

i used to gamble with $20 for fun because this amount is not too high although if i'm lost then it's wouldn't problem for me but indeed only for withdrawal fee 0.001 btc or $20 is too high especially for low cost gamblers but they accept 1 free withdrawal per week then use this advantages for bulk withdrawal your funds however this is their main policy and as the players we can't do anything besides accept the rule

shimakun

jr. member

Activity: 225

Merit: 1

Quote from: milewilda on December 18, 2017, 10:03:02 AM

Quote from: badjacks99 on December 17, 2017, 06:09:03 PM

I can definitely see both sides to this argument and they both have some truth and Merrit. Well I think they’re taking proper steps and letting you have one free one I think they should extend it to loyal customers and give you 3-4 weekly for free. I understand that casinos will need to charge a certain fee to withdraw, but this limitation keeps players bitcoin held hostage. Those who only have $20 to gamble with in bitcoin can’t afford A $20 fee so they wait. While waiting they might as well make some bets.

This would be most likely the case on most gamblers which if they wont really gamble on the withdrawal fee then they would really still decide to hold up until the fees would be corrected. I dont see anything wrong with gambling sites or deserve to be blamed because we do know the actual rate of fees as of now which they would really charged up players because if they would decide to pay up those ridiculous fees for their players then its really a big expense for them.

yeah but what you are saying is for the guys who already has coins in there
but for new depositors they will be charged miners fee for outgoing transactions as well depend on the wallet but averaging 6 to 12 usd if they wanted the confirmations faster.
again the problem is not from nitrogensports but from the bitcoin network fee these days

so bitcoin these days is good not for paying or short term investments but for long term investments
for short term ees will eat a big amount of the amount

veleten

legendary

Activity: 2016

Merit: 1107

20$ fees are outrageous,but look at the state of blockchain-130.000 unconfirmed transactions!
they do offer a single free payout per week,if Im not mistaken,though
so consolidate your payments and withdraw once a week,if that is an option for you
but I feel you,some sites have 40-60.000 satoshis withdrawal fixed fees and it sucks to pay 5-10% of your
balance to withdraw,to pay 100.000+ sucks even more

FrueGreads

legendary

Activity: 1582

Merit: 1059

I was wondering when this would start to happen in the gambling world. I sure most gamblers use a small amount to to gamble, and normally don't keep huge amounts in the websites, so it would be hard for gambling providers to keep the withdrawal fees low. To be honest I think that this was a fair move from nitrogen, since they still allow one free withdrawal per week, so if just need to wait for that. It would be unsustainable for them to just keep paying fees for every withdrawal. The there possible solution would be to increase the minimum amount to withdraw, but I think that would be even worse. I'm also curious to see if they will start searching for other coins to offer their services. If gambling sites start doing this, I wonder if it will have any impact on the bitcoin price.

SyGambler

legendary

Activity: 2436

Merit: 1804

guess who's back

at the moment the best thing to do is only to leave what you want to gamble in the site to avoid the need of making daily withdrawals
and you can go for the weekly free withdrawal when you want to withdraw without paying extra fees
it's a reasonable move from nitrogen , it doesnt make sense for them to keep paying for fees at this point especially that the average gamblers wager less than 100$ on matches

glad that they aren't delaying the withdrawals or raising the min withdrawal as some sites are doing these days

Topic: Nitrogen $20 withdrawal fee - page 4. (Read 905 times)