[Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos - page 38.

Haunebu

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Quote from: Pmalek on June 20, 2021, 01:24:08 AM

They have? Isn't it still 0.004 BTC? I couldn't find info that it was changed.

I guess I got confused because of the drop in BTC value in recent times. Minimum withdrawal was $200+ when I withdrew the last time before the drop to $142.

Quote from: RokokGudangGaram on June 20, 2021, 02:49:42 AM

Withdrawal fees is something that really shouldn't be. It would be different with a transfer to a bank, then mandatory fees apply. The only fee with the bitcoin that there is, or should be, is the network fee and every casino should be able to cover it easily. it is not that expensive and you make a good impression on the customers.

Agreed. Wish more casinos followed sites like Sportsbet, Bitcasino etc in this aspect. If they can do it and still remain successful, why can't the others do the same? Instead, they are making things worse for gamblers through mandatory KYC etc.

Pmalek

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Quote from: ralle14 on June 20, 2021, 02:20:36 AM

Yes, it's still BTC0.004 I guess he's referring to the recent changes since FJ's minimum used to be higher.

I remember their fees being 0.004 BTC for years already, not sure when they made the change.

Quote from: ralle14 on June 20, 2021, 02:20:36 AM

Bitdouble's minimum is at 10mbtc and withdrawal fees at 1mbtc.

They also offer withdrawals on the lightning network.

I added data both for on-chain and off-chain transactions. Thanks!

Quote from: ralle14 on June 20, 2021, 02:20:36 AM

Edit : I forgot to mention Rocketrun their minimum withdrawal is at BTC.0005 and BTC.0002

I remember Rocket Run from my thread about faucets. Info about this site were added to the table as well.

Quote from: RokokGudangGaram on June 20, 2021, 02:49:42 AM

Withdrawal fees is something that really shouldn't be. It would be different with a transfer to a bank, then mandatory fees apply. The only fee with the bitcoin that there is, or should be, is the network fee and every casino should be able to cover it easily. it is not that expensive and you make a good impression on the customers.

Very few casinos can afford to pay for its customers withdrawals. I would prefer that there aren't any withdrawal fees as well, but I understand that many sites just can't do that. What I really hate seeing is when casinos make money off of the fees that users pay similar to what cryptocurrency exchanges do. They charge the players $10 in fees for example, pocket 50% and use the other 50% to pay the network fees.

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Quote from: RokokGudangGaram on June 20, 2021, 02:49:42 AM

Withdrawal fees is something that really shouldn't be. It would be different with a transfer to a bank, then mandatory fees apply. The only fee with the bitcoin that there is, or should be, is the network fee and every casino should be able to cover it easily. it is not that expensive and you make a good impression on the customers.

Not all can simply cover especially with lower minimum threshold. Imagine the minimum withdraw is set to $10 and the fee could be $7 and there are thousands of TXs to be covered on a daily basis.

Highrollers/ VIPs might see theirs waived but for nons, that's too much. If one were to withdraw 10 times, that's $70 in fees.

RokokGudangGaram

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Withdrawal fees is something that really shouldn't be. It would be different with a transfer to a bank, then mandatory fees apply. The only fee with the bitcoin that there is, or should be, is the network fee and every casino should be able to cover it easily. it is not that expensive and you make a good impression on the customers.

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Quote from: Pmalek on June 20, 2021, 01:24:08 AM

They have? Isn't it still 0.004 BTC? I couldn't find info that it was changed.

Yes, it's still BTC0.004 I guess he's referring to the recent changes since FJ's minimum used to be higher.

Bitdouble's minimum is at 10mbtc and withdrawal fees at 1mbtc.

They also offer withdrawals on the lightning network with significantly lower minimums.

Edit : I forgot to mention Rocketrun their minimum withdrawal is at BTC.0005 and BTC.0002 withdrawal fees(screenshot of the withdrawal page).

Pmalek

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Quote from: Haunebu on June 19, 2021, 02:40:19 PM

I guess Rollbit should be added in casinos that charge low minimum withdrawal amounts since their minimum withdrawal amount should be higher than their withdrawal fee.

Considering what the fees were at the time of writing, yeah I could have added them on that list. However, Rollbit has dynamic fees while the other casinos on the list all have fixed/static fees that don't depend on network congestion. That means that the Rollbit fees can be around $1 one day and potentially $10 the other day depending on the state of the mempool. Hence, I think it's better not to put it on the list.

Quote from: Haunebu on June 19, 2021, 02:40:19 PM

Seems like FJ is listening to their community since they seem to have reduced their minimum withdrawal amount though it needs to be lowered even further in my opinion.

They have? Isn't it still 0.004 BTC? I couldn't find info that it was changed.

Quote from: JeromeTash on June 19, 2021, 04:11:34 PM

I don't know if this small detail is worth adjusting under Bustadice. I am a little familiar with the withdrawal options of it.

Basically, the withdrawal fee is dependent on the Bitcoin network congestion. There are 2 options one can use to withdraw.

In my table, there are two entries for withdrawal fees for Bustadice. Right now it says: 0.00000824-0.00004323 ~ $0.30-$1.55 at the time of writing. The first number is for the slower withdrawal and the second one is for the quicker one.

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I don't know if this small detail is worth adjusting under Bustadice. I am a little familiar with the withdrawal options of it.

Basically, the withdrawal fee is dependent on the Bitcoin network congestion. There are 2 options one can use to withdraw.
1. Instant withdrawals - Withdrawal is processed instantly. Fee is usually in the optimum range for the transaction to be confirmed in the next block
2. Other withdrawals - Not instant but processed with in 24 hours. The fee is usually low but still dependent on how congested the Bitcoin network is.

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For me the easiest and the best site for fast cashout and deposits is sportsbet. When you want to withdraw they do it for free even when the fees were so big before they have done it for free. For any crypto that you deposit with you can withdraw for free so this is really good when the fees go really up

Haunebu

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Rechecked the table and awesome stuff as usual Pmalek. I guess Rollbit should be added in casinos that charge low minimum withdrawal amounts since their minimum withdrawal amount should be higher than their withdrawal fee.

Seems like FJ is listening to their community since they seem to have reduced their minimum withdrawal amount though it needs to be lowered even further in my opinion.

Also, sites like Wolf.bet, Stake, Primedice etc need to lower their withdrawal fees. Less popular sites in comparison are charging lower withdrawal fees.

Pmalek

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Update:
The table in OP was updated with fresh data and numbers based on information from today. There were a lot of changes, so make sure you check it out. Don't hesitate to post and correct me if you notice any mistakes.

I wasn't able to check the data on a few casinos anymore. If you have a funded account on one of the below sites, I would appreciate if you can check the minimum withdrawal amounts and the withdrawal fees (a screenshot would also be appreciated):

Cloudbet
Betcoin
PLAYBETR

Thanks!

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Quote from: CSquared Collective on May 25, 2021, 04:02:31 AM

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 fact that you mention that the fees for withdrawing is ridiculous means that you worry about it. House edge is pretty much out of control of the players and most gambling houses and sites have close to same edges. Fairness and trustworthiness is a must since gambling on a rigged game is pretty frustrating.

Kong Hey Pakboy

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Quote from: Xinarae* on May 06, 2021, 09:16:52 AM

Quote from: Kong Hey Pakboy on May 03, 2021, 07:01:06 AM

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.

I am aware of that but I am hoping that these kind of things that can sometimes inconvenience people when doing something is actually a problem because you could use those wasted time for other things and such.

Pmalek

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Quote from: Bitinity on June 05, 2021, 03:57:25 AM

@Pmalek, how if you add one more column on the table for "type of the fee" as there are several type such as fixed, free, depends on network congestion, and adjustable?

It is not a bad idea and I have considered doing it as well. But it will mess up the whole formatting of the table. I don't think I can squeeze another table column to the right. It will look ugly on smaller displays, but I can try and see how it looks.

Bitinity

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Quote from: Haunebu on June 05, 2021, 03:31:47 AM

However, I did know about Duelbits fees fluctuations though.

Yes witdhrawal fee in Duelbits is fluctuative based on the network congestion. It was high some time ago and it is low in the last few weeks. It is nice to see that it is noted with "depends on network congestion" now.
@Pmalek, how if you add one more column on the table for "type of the fee" as there are several type such as fixed, free, depends on network congestion, and adjustable?

Haunebu

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Quote from: Johnyz on June 04, 2021, 06:18:10 PM

Yes, it depends on the market situation since there’s no specific fees on those site and as you can see it changes from time to time. It’s good that we always bump this thread so gamblers can be more aware about the current fees on a specific gambling site, better to visit this one always.

This is a welcome surprise. I thought that the withdrawal fees in Rollbit was fixed at $25 and I didn't know that it varied based on different factors. However, I did know about Duelbits fees fluctuations though.

Quote from: Pmalek on June 05, 2021, 01:46:24 AM

When I originally created this thread, the withdrawal fees were much higher on those two platforms. That's because the value of bitcoin was much higher as well. In the meantime, we experienced a significant drop on the crypto market, and many casinos probably adjusted their withdrawal fees as well. I need to go over the list one more time and check what the updated fees look like, and I have to do that for all casinos. I will also add the same note I wrote for Betnomi for Rollbit and Duelbits.

Thank you for this thread and your efforts. Have bookmarked this thread ever since it was created and it has helped me on many occasions.

UserU

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Quote from: Pmalek on June 05, 2021, 01:46:24 AM

They don't have an official ANN thread on Bitcointalk from what I can see, am I right? I found only this thread started by you. I can't check their reputation on this forum, so I will do a quick search and include them in the next update if I can't find anything that looks bad.

That's correct, I'm more or less managing the thread on behalf of the team.

Site's not marketed heavily on the SERP as it's presence is mainly on Twitter. But some sites have reviewed it, such as SkinLords

Alternatively, you can also PM the owner himself on Twitter. Quite responsive and he'll answer whatever questions you throw at him.

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Quote from: panjul07 on June 04, 2021, 08:47:03 AM

Just checked two casinos (rollbit and duelbits).
There is a big difference for the withdrawal fee compared to the one on your table.
At the time of writing this post, fee in duelbits is around $5 and fee in rollbit is around $4
I think the fee on both sites is based on the latest network congestion, so I think it will be better if you add the same note as you add for betnomi.

When I originally created this thread, the withdrawal fees were much higher on those two platforms. That's because the value of bitcoin was much higher as well. In the meantime, we experienced a significant drop on the crypto market, and many casinos probably adjusted their withdrawal fees as well. I need to go over the list one more time and check what the updated fees look like, and I have to do that for all casinos. I will also add the same note I wrote for Betnomi for Rollbit and Duelbits.

Thanks for the hint!

Quote from: UserU on June 04, 2021, 09:13:47 AM

Hey Pmalek, can I make a request to add CSGO500/ 500Play to the list?

They don't have an official ANN thread on Bitcointalk from what I can see, am I right? I found only this thread started by you. I can't check their reputation on this forum, so I will do a quick search and include them in the next update if I can't find anything that looks bad.

Johnyz

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Quote from: panjul07 on June 04, 2021, 08:47:03 AM

Quote from: ?? on ??

Bump

Just checked two casinos (rollbit and duelbits).
There is a big difference for the withdrawal fee compared to the one on your table.
At the time of writing this post, fee in duelbits is around $5 and fee in rollbit is around $4
I think the fee on both sites is based on the latest network congestion, so I think it will be better if you add the same note as you add for betnomi.

Yes, it depends on the market situation since there’s no specific fees on those site and as you can see it changes from time to time. It’s good that we always bump this thread so gamblers can be more aware about the current fees on a specific gambling site, better to visit this one always.

Fatunad

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Quote from: panjul07 on June 04, 2021, 08:47:03 AM

Quote from: ?? on ??

Bump

Just checked two casinos (rollbit and duelbits).
There is a big difference for the withdrawal fee compared to the one on your table.
At the time of writing this post, fee in duelbits is around $5 and fee in rollbit is around $4
I think the fee on both sites is based on the latest network congestion, so I think it will be better if you add the same note as you add for betnomi.

Seconded.
It would be a good add up if having those blue colored text notes in regards with dynamic fees which does depend on the network.
Just observed that some of them based on experience arent really that active on changing up some fees even the network
isnt really congested at all.They should consider on changing it up because its really a pain for small time users even with
few bucks gaps.

UserU

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Hey Pmalek, can I make a request to add CSGO500/ 500Play to the list?

It's been around since 2016 and has a Curacao Gaming license.

Fees-wise, they're flexible and currently stands at 98 cents for BTC withdrawals, VIPs exempted from paying. Minimum withdraw threshold is at $60 (0.0017) mainly due to the price. ETH's half.

Meanwhile, there are other altcoins (LTC, BCH, XRP, XLM, EOS) with lower threshold.

Topic: [Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos - page 38. (Read 13583 times)