Topic: Roobet.com | Crypto’s Fastest Growing Casino 🦘 - page 400. (Read 84489 times)

The reason why there is so much difference between some other business' that wants you to pay for the fee is not only blockchain it is also because they do not see you as a returning customer all that well and they are not going to suddenly make 30+ bucks from you, you are going to have to pay that for those companies. However do you know why casinos try their best to keep you?

It is the same logic as why bread is usually something big supermarkets lose money from, they want you to get in and buy stuff like bread and egg and they lose money on that because it is so cheap, but you also end up buying other stuff there that makes them a lot more profit than the money they lost on bread.

Same with casinos, they want to give you as many things for free as they can, as long as you stay and end up losing money in the long run.

Its currently charging up $0.72 Transaction Fee as of this writing which is anticipated yet the entire network isnt overloaded anymore.

For someone who do ask about fees then this is a prove out that they arent really fixing up fees.It all matters with the network condition.

Can we stop on talking about withdrawal fees? 

Roobet doesn't charge a flat fee for withdrawals. It changes according to network status. So it's normal (expected) to see such high amounts when the network is cloged.
Anyway, it seems that things went back to normal since the withdrawal fee just dropped to as low as $1.69.

^Casinos do not charge as much as some of the exchanges, exchanges have a guaranteed profit with the trading fee yet they still charge more than the casinos that you could get in, bet 10 bitcoin on 2x on dice and see if you are lucky, maybe win and withdraw 20 bitcoin in return. Definitely we all know there are not that many of them around and usually you end up losing money but at least there is a "possibility" of casino losing money whereas exchanges do not have that possibility, exchanges do not risk any money, yet they still end up with higher withdraw rates.

In the end we are talking about something important on blockchain tech here and not on roobet, when blockchain is so clogged that you have to pay 5 or more dollars to get your money before 1 hour, that is something bad on blockchain itself and not on any casino.

I understand what you feel when you have to pay more than 10% of your withdrawal for the fee. I wont be worry to pay $7 if my withdrawal is thousands dollar
I believe it is the time for roobet to consider to add more currencies with lower fee but faster confirmation such as TRX, DOGE, or XRP.
Although the fee for ETH is cheaper but there are some players who do not even want to pay more than a dollar for the fee especially small players who want to withdraw the $10-50
Or probably roobet change the withdrawal fees into a fixed one or even offer free withdrawal fee for promotion especially in this kind of situation so it will be very helpful for players.

Not everyone has to gamble for the "as high as it gets" type of deal, obviously if you keep doing it forever (probably with use of an automatic betting bot on a VPS not to strain your pc) you could find few a day and hope that it profits you more frequently than your losses.

However I think 1.01 cash out is as legit as 1000x cash out, they are basically the same thing in my mind, both of them have the same idea that you are not going to make as  much profit when you win as you lose because there is a house edge.

One of them constantly wins tiny and loses big in the end, one of them loses tiny and wins big in the end, all comes down to house edge of course. Hence, why I think there could be billions and billions in multiplier and as long as there is house edge it doesn't "sound" that different from anything else to me.

I understand your concern perhaps more than you imagine, in fact many players are very active moving their winnings at certain times, for whatever reasons, even the simplest "I want to get my money, my winnings" the reason does not matter.

And I'm sure that from the casino (anyone) you withdraw today, for whatever reason in the future you are depositing again. But it is also important to know that these amounts set, far from being something pejorative in the "majority" of the casinos, is something circumstantial related to the price of bitcoin at certain times.

The above led me to create a thread of some casinos in August for this reason I leave you the history of
Roobet until my last update:

Now your case as I mentioned in the post is a simple guide to get an idea of ​​the changes that these fees entail due to the price-network effect.

We all suffer, I am trying deposit in another casino, I need it to arrive before October 31, although I did it on October 28 still remains unconfirmed, it may be solved in hours or it may arrive on November 1 (maybe if i'm lucky    ) and I lose the goal of that deposit, with this I want to tell you that we are all affected in many ways.

For that reason the casinos at this time have high fees so as not to have players waiting for many hours or days for their withdrawals. Unfortunately this affects withdrawals that are not at least 10 times the amount of the fee, the minimum sacrifice ratio that I would be willing to bear at least in my case to make a withdrawal without waiting for the fees to go down.

G.B.

Yes indeed. The withdrawal fee has increased because the network is congested as of now and people are paying more than the standard transaction fees to get their transactions confirmed.
Even I went for a withdrawal today and noticed that the withdrawal fees is $7. I just closed the tab on my PC seeing the withdrawal fees 
It's obvious, I can't pay a fee of $7 to withdraw $57 right. We will just have to wait until the network is less congested and the fees comes back to normal.

Yes it looks like that's the only way we could skip this transaction fee. Thanks for the advice

It is very hard to resist tempting blood in vein after reaching 5000x multiplier in crash based games. Unlike slots, the result after some point depends on the single click and each added number on the multiplier increases the chance of getting busted. Probably, in a day the crash goes over 2000x a few times but crossing the 10000x usually happens 10-20 times in a week from my humble estimation.

It doesnt matter if you are a new or older player because this isnt something a benefit or a feature where everyone would really be experiencing some difference
towards their withdrawal fees and as mentioned on when the market is loaded then expect for fees to go that high.Someone who had been get used to less
that $1 fee will really get shocked when they havent experienced those absurd fees before when theres a market network being clogged.
So its for everybody and theres no exception for this one.

As previously discussed by members where the fees aren't fixed and does depend on the network situation where if there are lots of unconfirmed ones
or pending then expect that fees will surely increase and this hadn't been a new issue.

Roobet has nothing to do with fees that they are increasing it for themselves yet they do charge as minimal as they can
and theres nothing we can do on the current situation.

$7 is indeed a pain in the ass fee if you have been playing with 10's bucks or even on hundreds.

The last time I withdraw in Roobet the fee was $2.70+ and I checked it today it increased more than 2 fold at around $7. Btw, I am about to play today when I checked the transaction fee for BTC is quite high so I need to wait for some time until the BTC network is not congested.  It is really a bit frustrating when the BTC network is congested since the transaction fee will skyrocket. 

As you mention, in a couple of days, situation will be more normal and than fees will again be back to around 0.5$.
Sometimes, you just play with BTC and as there is no internal swap feature, you need to stick with BTC.

A few days ago I sent btc and the transaction got stuck because the network was high or traffic was heavy when the price was going up, at a cost that was quite expensive it would jam as far as I know but if it returns to normal I better use btc for withdrawals for me the thing also with ETH or other altcoins fast in its transactions.

The same thing is also in Roobet, surely this will jam if you withdraw it with BTC.

AFAIK withdrawal fees on roobet is always based on the latest situation on the network.
So they do not charge fixed amount, this is to make sure that all withdrawal will be confirmed in the next block.
It will be lower when bitcoin network is normal, so if you do not want to spend that much for your withdrawal then it is better to wait till the network back to normal.
Or if 7$ is too much then better to choose ETH for your withdrawal as you are charged cheaper fee.

Ow, just seen it upon checking. I'm surprised about that.
It's currently at $6.98 for BTC, and for ETH, $1.26... this is quite high compared from the past.
I wonder what happened why Roobet increased the withdrawal fee, are these fees are fixed this time?

Did the spike on mempool's size caused this spike on withdrawal fees on Roobet too?
I hope it will become much lower, $7 for me is much for small withdrawal inputs.

Right now fee's in the blockchain is a lot as well, that is why it looks like it is a lot in roobet too, it doesn't "have to" change because it is not looking all that great for a while and probably will be like that for a while as well. Not saying it will always be six bucks but it is going to be more than we are comfortable paying for, aka few dollars at least for the foreseeable future.

However none of this has anything to do with roobet unfortunately, it is all about the transaction fee's in the bitcoin world right now, I would say switching to something else would be a lot better for you. I have been using eth once again for a while, it is not great neither but at least for 0.5 cents I could wait 12 hours and get any transaction I want and that is not bad at all considering I am not in a rush.

If you talked about the multiplier crash who reached x200K, other casinos still can happen too.

Every casino using the same provably fair from SHA-256, so the same situation could be happening on other casinos too. Take one of the example from "CoinDragon" even not a game like a crash but still can be the same as crash because their game was X-Factor, some player successfully wins with 1 million multipliers: https://bitcointalksearch.org/topic/m.55435981

Nothing was impossible.

I don't know if others casino can so that but I can only say what I'm sure about cause it something i have seen and it logical for every casino to pay the 3rd parties game according to the players multipliers but the game that bought this subject was crash which is the game operated by the house not the 3rd parties and there barely casino which can allow 200K plus multipliers.