Nitrogen $20 withdrawal fee - page 6.

akamit

hero member

Activity: 1498

Merit: 596

Quote from: Minus7point5 on December 17, 2017, 04:34:19 PM

Do I honestly think that any company will pay my fees?
Poloniex (yes the exchange we all hate) charges $2 for Bitcoin withdrawls, or 10% of what Nitrogen charges.
Plus, there are other sportsbooks that don't charge for withdrawals.
Forget the small gamblers, Nitrogen doesn't care about them as much as the big players. And some of us have business models that won't fair well with this new policy.
I'm not calling for a boycott by any means, just a little customer support for us loyal players that would like some sort of appreciation here.

Later or sooner all the casinos, dice sites & exchanges etc will increase their withdrawal fees for sure.
If the current transaction fees stays same as it is now. I will not blame any site for increasing their withdrawal fees.

As Nitrogen already offering 1 free withdrawal every week, I think that's kinda appreciation they are showing for loyal customers.

Rinsend

sr. member

Activity: 784

Merit: 262

AZBI NETWORK - Multichain system

Quote from: Lionidas on December 17, 2017, 03:49:55 PM

They did start offering to have bets lower than the 0.001btc minimum a while back if that helps any. Undecided

this is really needed for all casinos.
when bitcoin prices are so crazy.
changing systems such as setting a minimum bet to a low will be much needed,
because otherwise.
it is not impossible if nitrogen will lose competitiveness with casinos that have low minimum bets.

ralle14

legendary

Activity: 3346

Merit: 1914

Shuffle.com

Quote from: Lionidas on December 17, 2017, 03:49:55 PM

They do offer one free withdrawal per week so it is not really sticking it to their loyal customers.
They have to do something so to keep up with the other casinos that are still using bitcoin for gambling. Which I would suspect them to start to offer more alternatives in the near future because of the very high rise in price in the past three months.
They did start offering to have bets lower than the 0.001btc minimum a while back if that helps any. Undecided

It's only for loyal customers who mostly withdraws 0.005 btc. I don't mind Nitrogen charging all of us for the miner fees, they should've added different options for the miner fee instead of charging everyone a fixed amount per transaction.

The minimum bet amount doesn't help anything about the withdrawal rules it only encourages you to empty your balance.

kristianbasdeo

newbie

Activity: 48

Merit: 0

Yeap they cannot control miners fees and that's why its costs are high, better wait til this problem is sovled and fees goes down again.

CntryBoy

sr. member

Activity: 1008

Merit: 251

I can also see both sides of the argument here as well. The sites don't have control over the ever rising network and mining fees, but some sort of happy medium would definitely be nice. The one free weekly withdraw is definitely nice, but I think a lot of sited need to reevaluate their withdraw fees as a lot of sites currently have the same .001 BTC withdraw fee, which as mentioned is now roughly a $20 fee. Sure we have the option not to play at these sites, but with very few good and legit sites to choose from these days, I guess we just have to deal with it for now.

badjacks99

hero member

Activity: 1050

Merit: 502

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.

Minus7point5

jr. member

Activity: 191

Merit: 1

Do I honestly think that any company will pay my fees?
Poloniex (yes the exchange we all hate) charges $2 for Bitcoin withdrawls, or 10% of what Nitrogen charges.
Plus, there are other sportsbooks that don't charge for withdrawals.
Forget the small gamblers, Nitrogen doesn't care about them as much as the big players. And some of us have business models that won't fair well with this new policy.
I'm not calling for a boycott by any means, just a little customer support for us loyal players that would like some sort of appreciation here.

Slark

legendary

Activity: 1862

Merit: 1004

Blame bitcoin network and insane high fee rates we currently have. This is our new reality - do you honestly think that any company will pay fees for you?
I acknowledge that $20 fee is kinda rough, especially for gamblers who like to bet low, with bitcoin price reaching $20k we will have even higher fees imposed by more an more casinos/sportsbooks.
From what I know you are able to withdraw one deposit for free every week - maybe scheduling your withdrawals to take advantage of this feature is a way to go?

Minus7point5

jr. member

Activity: 191

Merit: 1

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.

Lionidas

hero member

Activity: 1008

Merit: 1012

They do offer one free withdrawal per week so it is not really sticking it to their loyal customers.
They have to do something so to keep up with the other casinos that are still using bitcoin for gambling. Which I would suspect them to start to offer more alternatives in the near future because of the very high rise in price in the past three months.
They did start offering to have bets lower than the 0.001btc minimum a while back if that helps any. Undecided

Minus7point5

jr. member

Activity: 191

Merit: 1

Ouch. Tough to see such a reputable sportsbook going this route. Embarrassed

Talk about riding this BTC wave of profit, and then sticking it to your loyal customers Shocked

I wonder how much this will tarnish their "A" rating?

Time to seriously reevaluate my betting options cause my system won't work with this new policy.

Come on Nitrogen- wake up and realize this is bad for business! Angry

Topic: Nitrogen $20 withdrawal fee - page 6. (Read 905 times)