Pages:
Author

Topic: [Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos - page 38. (Read 12982 times)

legendary
Activity: 2730
Merit: 7065
There is an update from Coinroyale few weeks ago that they have one time free withdrawal per week as per below post:
Thanks for the tip! I have updated the info in the table in OP.

Anyway, this is a good list of fees and this is a good reason for me not to withdraw my money on those casinos using BTC or ETH.
Unless the exchange has an in-built cryptocurrency exchange or swap service (and must don't), you have no other choice than to withdraw the coins in the original currency you once deposited them in. 

though there are sites that didn't have any options aside from BTC and ETH hope to have some updates with them too.
^ What kind of update do you want to see? I saw it is a perfect gambling list thread, you can also have a comparison of both of them in which altcoin do you like to use.
I think CSquared Collective wasn't talking about an update of this thread. I think he was trying to say that he would prefer that crypto casinos which only support BTC and ETH introduce some other altcoins as well.
hero member
Activity: 2590
Merit: 644
I don't worry too much about withdraw fees on crypto casinos because I only deposit! House edge, fairness of the games, trustworthiness of the sites are higher on my list.

But yes... some of these withdrawal fees are ridic.
Is this mean you are losing everything in those gambling site that you are playing with?
Anyway, this is a good list of fees and this is a good reason for me not to withdraw my money on those casinos using BTC or ETH. I'd usually love playing using my LTC and DOGE so far the experience is great with them, though there are sites that didn't have any options aside from BTC and ETH hope to have some updates with them too.
^ What kind of update do you want to see? I saw it is a perfect gambling list thread, you can also have a comparison of both of them in which altcoin do you like to use. There are too many gambling casinos that support and focus only on BTC, they don't have an altcoin option. So, this thread is a perfect reference if you are looking for gambling casinos that intended to have a less fee. For me, using XRP for withdrawal and deposit seems good, and also a gambling site that has a coin swap inside has a great advantage upon having withdrawal if you want to have less fee. Nevertheless, this is a great job OP, it is a very helpful thread.
full member
Activity: 2086
Merit: 193
I don't worry too much about withdraw fees on crypto casinos because I only deposit! House edge, fairness of the games, trustworthiness of the sites are higher on my list.

But yes... some of these withdrawal fees are ridic.
Is this mean you are losing everything in those gambling site that you are playing with?
Anyway, this is a good list of fees and this is a good reason for me not to withdraw my money on those casinos using BTC or ETH. I'd usually love playing using my LTC and DOGE so far the experience is great with them, though there are sites that didn't have any options aside from BTC and ETH hope to have some updates with them too.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
~

There is a way, and some casinos have already implemented dynamic fees that take into account the current state of unconfirmed transactions in the mempool and change the required fees accordingly. In some other places, players are given a choice between a faster or slower confirmation time. Other platforms have static fees and you pay the same amount no matter the conditions on the blockchain.
Good to know that there are progressive casinos that do that and I find the static fee the least attractive of the bunch unless it is defaulted at a really low amount then I don't have a problem with that. I plan to gamble when I have enough money to spend on it without any worries so I was concerned with fees and stuffs.
legendary
Activity: 3066
Merit: 1312
CoinRoyale|0.001 BTC ~ $54|0.0001 ~ $5|-|

There is an update from Coinroyale few weeks ago that they have one time free withdrawal per week as per below post:

One FREE withdrawal each calendar week.

It is an exclusive bonus for Royalty member (member who have made couple of deposits) but I'm not really sure if this Royalty program need to be claimed first or Coinroyale do it automatically based on their players deposit history.
legendary
Activity: 2730
Merit: 7065
I don't worry too much about withdraw fees on crypto casinos because I only deposit!
Does that mean you don't have any plans to win something and later withdraw your winnings to a private wallet? Are you playing until it's all gone?

The problem with withdrawal fees is that the prices are fluctuating at an bemusing pace so you will either pay really low or really high at a given day, if there is a way where they update the withdrawal fees in consistent with the current prices, that would be good.
There is a way, and some casinos have already implemented dynamic fees that take into account the current state of unconfirmed transactions in the mempool and change the required fees accordingly. In some other places, players are given a choice between a faster or slower confirmation time. Other platforms have static fees and you pay the same amount no matter the conditions on the blockchain.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
I don't worry too much about withdraw fees on crypto casinos because I only deposit! House edge, fairness of the games, trustworthiness of the sites are higher on my list.

But yes... some of these withdrawal fees are ridic.
The problem with withdrawal fees is that the prices are fluctuating at a bemusing pace so you will either pay really low or really high at a given day, if there is a way where they update the withdrawal fees in consistent with the current prices, that would be good.
jr. member
Activity: 38
Merit: 2
I don't worry too much about withdraw fees on crypto casinos because I only deposit! House edge, fairness of the games, trustworthiness of the sites are higher on my list.

But yes... some of these withdrawal fees are ridic.
legendary
Activity: 2730
Merit: 7065
That's what I have in my table as well. It shows that the Bitsler withdrawal fees are 0.0003-0.0006 BTC which was equivalent to $16 and $32 at the moment of checking. The 0.00025 BTC ~ $13 in column one is the minimum withdrawal amount required to process a withdrawal on Bitsler. So everything should be OK. Thanks for checking!
copper member
Activity: 2380
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
Bitsler   |   0.00025 BTC ~ $13
I noticed earlier and checked again that withdrawal fees of bitsler is not 0.00025 BTC. They have two types of withdrawal fees. 1.Low and 2. high. And the amount according to btc it is 0.0003BTC and 0.0006BTC
legendary
Activity: 2730
Merit: 7065
Update:
I have added a new table column in the OP that shows all altcoins that are supported in the corresponding crypto casino. I tried to make everything fit in one line. Depending on the size of your monitor it either will or wont.   

The hyphen "-" means that the particular casino doesn't support altcoins.
"etc." means that there are more supported altcoins, but I didn't list those of less significance so as to not clog up the table. 

If you notice any mistakes, don't hesitate to suggest corrections.
Enjoy!
legendary
Activity: 2730
Merit: 7065
I added Primedice to the table in my OP last night. I wanted to add Gamdom as well, but the site doesn't allow me to check the withdrawal fees or the minimum withdrawal amounts without making a deposit first. Can't say I am pleased with the way they configured that part of their wallet.

If anyone has a Gamdom account, please check the bitcoin withdrawal fees and minimum amounts and let me know. Uploading a screenshot so I can see it would also be appreciated. I will then add the figures to the table.

Any other reputable casinos that are missing and that you feel should be added in OP? I won't add any casinos with legitimate negative ratings!
legendary
Activity: 2618
Merit: 1105
I have seen other casinos/books return the difference to the customers if they overcharge customers, I reached out to their live support and discord many times but with no luck.
What did they say? Did they acknowledge that only a small part of the withdrawal fees go to the miners, or are they trying to conceal that fact? There isn't anything illegal in doing that, but they could lower it at least.   

I had a chat with a live support from a gambling website whose name I am not taking here. I told them that what they charge, they should fully use that amount of btc in fees instead of keeping a part of it with them, as it stops the transaction to go through faster than the time it takes with the fee they send it. They replied that the fees are dynamic and change during each of my withdrawals because of the need of that time. They assured me that none of my withdrawals will take more than few hours to confirm.
sr. member
Activity: 1414
Merit: 326
Is the withdrawal fixed or is it based on how much bitcoin or crypto you are withdrawing? For me though, 0.0002 is still a lot of bitcoin because I come from a background that appreciates everything that comes to my hand and 0.0002 is a lot of money converted to my local currency.

Yes, the withdrawal is with a fixed fee, the minimum withdrawal was 0.001BTC before, now it is 0.0005BTC, while it is 0.0002BTC if it is somewhat high for the price of Bitcoin, but they have made a great effort to lower it. . In price, of course The high fees are a problem that now haunts the whole world in terms of Bitcoin, the good thing is that when you withdraw stake balance it is very fast that it arrives.
I guess, a little bit more payment is enough price to pay to receive your money much faster. I hope that in the future, we will be able to not make any more compromises just to make things much convenient.

Each online site has its own promotional policy bonuses can be collected on deposits and without mention of account repayment. The most common form is when you first recharge your account the doubling of the money motivates the spectators to continue playing. Sometimes bonuses are calculated not only at the time of the first repayment of the account but also at several subsequent deposits.
newbie
Activity: 15
Merit: 0
Cloudbet has been charging 0.00054240 for more than six months now, which is pricey but I am still okay with that, the problem I have is while they deducted 0.00054240 from my account they paid only 0.00011139 (in April) and 0.00013536 (in March) on the blockchain and similar in previous months.
You mean that you can see on the block explorers that the paid network fees were only 0.00011139 BTC and 0.00013536 BTC respectively? That would mean that they use a portion of what they charge the players to pay for the mining fees, and pocket the rest as their own profit or withdrawal fee. 

Yes, they seem to be pocketing the rest and this is a recurring problem. I have seen this issue in my past 6 or so withdrawals. I asked their support and even reached out to their Discord manager but with no luck.

I have seen other casinos/books return the difference to the customers if they overcharge customers, I reached out to their live support and discord many times but with no luck.
What did they say? Did they acknowledge that only a small part of the withdrawal fees go to the miners, or are they trying to conceal that fact? There isn't anything illegal in doing that, but they could lower it at least.   

They havent exactly clarified and we can guess why that could be the case Wink But their standard response is try playing with other coins...LOL...and I would be like when you adding Litecoin/Dash/TRX...they would be like it is in the pipeline...Finally since past weekend I am able to bet with Litecoin and will use that only from now on...Withdrawal still takes couple of hours unlike stake and sportsbet which is instant
legendary
Activity: 2730
Merit: 7065
Cloudbet has been charging 0.00054240 for more than six months now, which is pricey but I am still okay with that, the problem I have is while they deducted 0.00054240 from my account they paid only 0.00011139 (in April) and 0.00013536 (in March) on the blockchain and similar in previous months.
You mean that you can see on the block explorers that the paid network fees were only 0.00011139 BTC and 0.00013536 BTC respectively? That would mean that they use a portion of what they charge the players to pay for the mining fees, and pocket the rest as their own profit or withdrawal fee. 

I have seen other casinos/books return the difference to the customers if they overcharge customers, I reached out to their live support and discord many times but with no luck.
What did they say? Did they acknowledge that only a small part of the withdrawal fees go to the miners, or are they trying to conceal that fact? There isn't anything illegal in doing that, but they could lower it at least.   
newbie
Activity: 15
Merit: 0
Very well done to the OP.

Since the topic is regarding withdrawal fees, i just wanted to share my experience regarding withdrawal fees at cloudbet. Cloudbet has been charging 0.00054240 for more than six months now, which is pricey but I am still okay with that, the problem I have is while they deducted 0.00054240 from my account they paid only 0.00011139 (in April) and 0.00013536 (in March) on the blockchain and similar in previous months. I have seen other casinos/books return the difference to the customers if they overcharge customers, I reached out to their live support and discord many times but with no luck.

Now I have started using litecoin, they seem to be still charging 2x of what they pay on the network, but since it is couple of cents I dont care :-)

P.S. Cloudbet is still my goto book for most of my action, I signed up in 2014 & have over 5K bets with them :-)
legendary
Activity: 2730
Merit: 7065
I confirmed there's no mistake, I opened it one by one and I didn't see any mistakes. I'm glad to see that you keep maintaining this for such an update and I guess there will be more updates soon as others requested above.
Thanks for checking!

Yeah, I will keep updating the table from time to time. In the next update I will take a look at Gamdom, Primedice, and a few other casinos that were not included from the beginning. After that, I will think about how to proceed. Introducing a new column that highlights which altcoins are available is one option. Checking the withdrawal fees and min. amounts when withdrawing ether is another. And I liked the proposal that someone gave about including the info if the casinos have a internal exchange or not.
member
Activity: 1120
Merit: 68
Is the withdrawal fixed or is it based on how much bitcoin or crypto you are withdrawing? For me though, 0.0002 is still a lot of bitcoin because I come from a background that appreciates everything that comes to my hand and 0.0002 is a lot of money converted to my local currency.

Yes, the withdrawal is with a fixed fee, the minimum withdrawal was 0.001BTC before, now it is 0.0005BTC, while it is 0.0002BTC if it is somewhat high for the price of Bitcoin, but they have made a great effort to lower it. . In price, of course The high fees are a problem that now haunts the whole world in terms of Bitcoin, the good thing is that when you withdraw stake balance it is very fast that it arrives.
I guess, a little bit more payment is enough price to pay to receive your money much faster. I hope that in the future, we will be able to not make any more compromises just to make things much convenient.
hero member
Activity: 1372
Merit: 783
better everyday ♥
There are only four of them and this compilation is a big help to market the gambling sites that offer free withdrawal fees, I'm also surprised that a gambling site can offer this, online casinos are also making a profit from their member's transactions, but they opted not to do this and this is a  big benefit for gamblers, it will save them a lot.
It is not "only", we have to say there are "up to" 4 casinos allowing their customers to withdraw money for free. Free withdrawal fee is not a standard, it's a special offer, and the casinos do it really great.
If they have established for how many years, they can afford it. Do you think how many of them have a request to withdrawing a day? I guess most gamblers have always lose per their session and nothing to withdraw. Cheesy
Oh, your assertion is bullshit  Tongue Why do people always lose? If we keep losing, why are we still playing? the win and loss rate is 50%, you can think of house edge but it doesn't mean always lose
Pages:
Jump to: