Topic: Roobet.com | Crypto’s Fastest Growing Casino 🦘 - page 358. (Read 85216 times)

Yeah, so my conclusion is Roobet may not have such internal conversion feature in near future which many people refuse to accept that. But it's more harm and they lose players if they impose KYC restrictions for the people who want to bet on their site.

Today I made a transaction and the fees are lower compared to the previous days, I paid 1-2 usd per transaction and I think that's acceptable for a small amount of transaction. This transaction is from my electrum wallet to roobet gambling site.

Normally fees on weekends are lower than weekdays, it still depends on the traffic on mempool. I think there are less transaction being broadcasted on weekends compared to weekdays that's why fees are less on that time. But that is not always the scenario since it depends on mempool. It could also be higher or much much lower, sometimes, fees are completely still.

if they manage to keep a lot of people always in the chat it will always be a good thing for the site, because it is very good when people chat in various subjects, it makes people use the site more. I spent a few minutes watching the chat on the site and saw that people talk in several languages and are very active. something impressive. reminds me of years ago on the poloniex trollbox, a pity that I no longer like typing in the chat

no specification about why the fee is High Or low n weekends or even in weekdays ,because before the congestion or should i say the Bullish market comes this year or late last year , The fee in withdrawal is almost the same everyday meaning the changes happens only in the Bull market or when time that congestion comes when too many withdrawals and deposits coming back and front .
But Logic? no there is nothing AFAIK..

You have almost answered your own question. In order to have the function of a legal cryptocurrency exchange, they would have to have an appropriate license in addition to the license of the gambling business. These are additional legal risks, additional need to request documents from users and so on. No one wants to do it, and there are many legitimate reasons for it.

Best to check this site https://privacypros.io/tools/bitcoin-fee-estimator/ so that you will the updates about the fees.

We don't know the exact reason about  why the fee is low mostly in week, But you can assume that many people are at rest at that time so maybe majority are on break taking some good nap on weekends.

Also check this guide it could help to https://www.coindesk.com/saving-bitcoin-high-transaction-fees

Normally, bitcoin network is less congestested in the weekends and as of now 12sat/byte is enough for a transaction to get included into the next block so that is the reason why they mentioned like that. But it doesn't mean the fee will be in that range for every weekends.

This is the quote from the Roobet Video campaign thread.


I would like to know if the roobet withdrawal fees are lower in weekends as compare to other days ? If so, what's the logic behind this ?

Roobet has been running long in the market now, IMO, I think if Roobet wants to add sports betting, they should have done it before. Maybe it's not on their plan to add any, just my opinion. But still, everything depends on them.

What was posted there? I didn't noticed anything from there recently.

sorry But have i missed the chatbox ? i have not active for week but what happen in there? i have checked now and they are still talking good, those regular chatters are still there and even talking about their personal daily tasks?

though i know it is not on topic but that means the conversation is healthy and alive.

|I believe this is early to tackle mate because Roobet is gaining High and high for now and adding another area of betting will cost that time and another busy table.

Maybe in the future of course roobet wil consider those but for now the team is contented on what is the progress and how much gamblers are enjoying the site ..

Having more than 2 million dollars wager a day and almost close to 3 millions? this is enough to tell how successful the site and additional betting will be in future  updates.

I've been playing for a while now in Roobet and I can say that my experience is great the only thing that I could ask if you could add a sports betting on your website? I think that's the only thing that needed to be added on your website.

That would mean that they would need to connect to some sort of exchange or a swap website to make that automatic, they can't create a whole exchange type of thing since that would be difficult not like they could have a market where people buy and sell like they do on binance or coinbase that type of exchange building inside a casino would be difficult.

And I have to say in order to make that swap work with an API connecting to another website, that is a difficult thing because they have to actually trust that place and any problem with that website would be a problem here as well so I do understand why they would take their time to build something like that because they want to make sure they do it right on the first try.

I like the casino, but you can really forget the chat.
The last days I really noticed what crap is posted there...

In a way I understand your point of view, (  but - // - :  ) in fact there have been the same appreciations in sports betting where to see real profitability you have to bet hard since the odds are very low, the same in poker where it is common to see tournaments with buy-in of the world regular circuit at $ 250,000 even with rebuys and not to mention those that reached the million dollars.

- // - And here the point, actually as long as the minimum bets are maintained, the VIP levels are adjusted to a healthy bet size that allows any type of bankroll to enter the VIP system, bonuses, rakeback, promotions, the entire system it works despite these players who bet hundreds of thousands .- // -

Anyway, a high roller of these may take days or even hours to reach the maximum level of any casino, but that level in theory is available to everyone, I give you an example I was just doing calculations for a maximum level that I want to reach And it would take me according to my bet size about six months, these guys can take 10 seconds. Perhaps here if we can enter into some "difference" of ideas in relation to this type of bets because it shows that these levels are only available for large risks in the size of the bet.

It doesn't affect me with absolutely anything but what I was trying to point out is the fact that I don't like the way that this gambling industry is being promoted. In 2020, dozens of streamers suddenly started gambling with this crazy huge stakes like $10k - 50k bonus buys for example. This is simply not realistic and not even entertaining anymore. In order to be able to afford to lose such high amounts of money like $100k to $250k in a couple of minutes/hours you would need to be in the range of hundreds of millions rich. Even then you wouldn't gamble such amounts of money,unless you are a degenerate gambler.

So, it's all just a marketing strategy. Streamers get free money to play with(in different forms), they increase their audience while also withdrawing a certain percentage of their winnings while casinos gain more customers due to this advertising of super big wins these streamers get on their casino. Nothing wrong with streamers getting sponsored or receiving special deals, at the end of the day this is their job. But just not at this level,i mean where are we going to go from here? A couple years ago, playing on $50-100 stake was insane. These days it's normal it seems, and the stakes go up to $1000 per spin(talking about slots as they are the most popular). What next? $500.000 and 1 million dollars bonus buys?

You see it surprising because maybe you think that $ 100,000 is a lot of money for you, I do not judge you, it is also for me and for most mortals. The issue here is that when such large bets are made  simply are chips for these players it is not that you are not aware of the amount you bet, I have seen guys lose up to $ 250,000 for a few minutes, some are professionals others are millionaires.

When there is a sponsor, I assure you that serious casinos like Roobet would mention it.

But no matter what the case is, I have seen maximum bets in all games, in Roulette (Roobet) for example, it is not uncommon to see guys making bets of $ 1000 dollars up to 10 times in a row looking for 14x. ($10,000 in just a few minutes)

However, how does this assessment affect you in relation to the game, whether or not there is an agreement between a player and a casino?

Most of the centralized exchanges have KYC but casinos still allows the players to use their platform with no KYC until there is some kind of suspicioun activities. Tax avoidance is relavant too, if someone wants to avoid capital gains then they can surely use casinos to avoid it if they understand what they are doing.

I got it. But I'm confident that if ever it that an internal exchange was implemented on Roobet, it won't harm them. AFAIK, money laundering can be detected if the account is very suspicious. It is the matter of which people prefer more. Personally, I prefer having an internal exchange for withdrawal purposes some coins are faster and cheaper to transfer. You also talked about tax avoidance which is not related (I think) to money laundering. At the end of the day, money laundering can't be really effective when you used casino to do it.

I never said that such kind of feature is available and laundering is happening in roobnet, please pay attention to the previous replies as well, where user like to add such kind of conversion for people's convenience so all I am saying is that it will do more harm to the sites than good.

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Players who deposit and withdrawing it completely will get caught in their first or second attempt but user deposit multiple times and also wagering decent amount while withdrawing in other coins meanwhile will not be noticed because there is no difference from legit players and who have bad intention.