[Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos - page 41.

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Quote from: DoublerHunter on April 29, 2021, 02:26:27 PM

^ $10 is not reasonable on my side and probably from free withdrawal to $5 withdrawal fee is the right reasonable one.
I had rather choose a gambling site that has a free withdrawal even though the minimum that you can withdraw is quite a huge require amount, no one will withdraw a dust amount from the gambling site, and $200+ is quite a good amount to harvest from your gambling wallet. However, we saw that each gambling site has its own perspective way of having a withdrawal fee, I just wonder how they manage that system if that BTC network is congested then they have a free withdrawal, which means they will cover the cost of the fee. Well, that will pretty much lure gambler I think.

Free withdrawal fee are one of the promotional program that gambling site offer to their players and that's how the site can attract a lot of interest from players betting there. My guess is that they can consistently offer these free withdrawal because their income far exceed the fee incurred in sending player fund. Nothing is impossible for a site that is already popular enough to offer free withdrawal to its players. They have a lot to gain from losing the gamblers there, of course.

When the network is congested, I don't think they will activate RBF to speed up the withdrawal process either. Has someone ever seen a bitcoin withdrawal from a gambling site when the network was congested the transaction activated RBF?

ChuckBuck

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Oh,,, what a surprise! So far, I never thought there would be casinos that would allow their customers to withdraw money for free. How can they do that? The fee to make transactions with BTC is so high, how can they be free for thousands of customers, thousands of transactions per day. Even though there are a few names that I have never seen on this forum, I am really surprised Shocked

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Quote from: Ryker1 on April 29, 2021, 04:53:19 PM

Quote from: harizen on April 29, 2021, 03:45:06 PM

Quote from: Mahdirakib on April 29, 2021, 03:27:23 PM

And I want to know that, how frequently you will update the full table? Cause some casino have dynamic fee option and the withdrawal fee may change within a short time at those casino. It would be really tough for you to gather all those information and update them timely.

This thread was for reference purposes. In the end, we need to check it by ourselves. For example, we want to use a certain site, we can verify the fees from their FAQ (if available) or dropping a message to support. It just seconds to a few minutes works.

Then if there's a change, give a heads-up to OP so that the table will be updated. No need to rely purely on all the works by OP. We need an active OP with this kind of thread so let's contribute if there's a need to be revised.

Well, checking on the official website is the best option here and you have a point there. I just want to know if that is the bitcoin rate withdrawal fee is fixed or base on the bitcoin network or in a mempool. When we say it is fixed, it should always the same fraction amount whatever happens to the price. For example, if the withdrawal fee 0.0001 bitcoin, then it should permanently like that or it will regularly change based on the mempool network congestion.
I have a suggestion to OP, can you also include the official website on each perspective gambling site? This concern will perhaps avoid possible phishing link though there is BTCGOSU’s reviews link but I think it would be better if you will include directly on this thread.

Good suggestion when it comes on giving out the link for the purpose or sake of noobs that might really be tending to check out the real site and not being getting phished.
When it comes to fees then there are sites which are offering free, dynamic or static ones which means it would really be depending on the site on how much you
would able to spent out when it comes to fees.Its good to see those who are offering free or paying up for their own expense which is a bit generous.

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Quote from: harizen on April 29, 2021, 03:45:06 PM

Quote from: Mahdirakib on April 29, 2021, 03:27:23 PM

And I want to know that, how frequently you will update the full table? Cause some casino have dynamic fee option and the withdrawal fee may change within a short time at those casino. It would be really tough for you to gather all those information and update them timely.

This thread was for reference purposes. In the end, we need to check it by ourselves. For example, we want to use a certain site, we can verify the fees from their FAQ (if available) or dropping a message to support. It just seconds to a few minutes works.

Then if there's a change, give a heads-up to OP so that the table will be updated. No need to rely purely on all the works by OP. We need an active OP with this kind of thread so let's contribute if there's a need to be revised.

Well, checking on the official website is the best option here and you have a point there. I just want to know if that is the bitcoin rate withdrawal fee is fixed or base on the bitcoin network or in a mempool. When we say it is fixed, it should always the same fraction amount whatever happens to the price. For example, if the withdrawal fee 0.0001 bitcoin, then it should permanently like that or it will regularly change based on the mempool network congestion.
I have a suggestion to OP, can you also include the official website on each perspective gambling site? This concern will perhaps avoid possible phishing link though there is BTCGOSU’s reviews link but I think it would be better if you will include directly on this thread.

harizen

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Quote from: Mahdirakib on April 29, 2021, 03:27:23 PM

And I want to know that, how frequently you will update the full table? Cause some casino have dynamic fee option and the withdrawal fee may change within a short time at those casino. It would be really tough for you to gather all those information and update them timely.

This thread was for reference purposes. In the end, we need to check it by ourselves. For example, we want to use a certain site, we can verify the fees from their FAQ (if available) or dropping a message to support. It just seconds to a few minutes works.

Then if there's a change, give a heads-up to OP so that the table will be updated. No need to rely purely on all the works by OP. We need an active OP with this kind of thread so let's contribute if there's a need to be revised.

Mahdirakib

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Quote from: Pmalek on April 27, 2021, 01:03:10 PM

~snip~
- Casinos with negative trust ratings were not considered. ~

Although I support this point but I think you should consider about DuckDice. They have negative trust, which was an old issue and it happened for misunderstanding. Moreover you have added Tower.bet in the list. Tower.bet is the sister site of DuckDice and both are operated by same team member. Hope you will think about this.

And I want to know that, how frequently you will update the full table? Cause some casino have dynamic fee option and the withdrawal fee may change within a short time at those casino. It would be really tough for you to gather all those information and update them timely.

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Quote from: DoublerHunter on April 29, 2021, 02:26:27 PM

Quote from: notblox1 on April 28, 2021, 06:22:07 PM

Roobet have reasonably low withdrawal fees and $10 is minimum that can be withdrawn that is probably one of the best from casinos.
If we look at sports betting websites Sportsbet dominate with free deposits and STake is also good with, but I would rather look fees only in BTC because of high volatility.
Some websites also have integrated exchanges so you can withdraw in other coins to save on fees.

^ $10 is not reasonable on my side and probably from free withdrawal to $5 withdrawal fee is the right reasonable one.
I had rather choose a gambling site that has a free withdrawal even though the minimum that you can withdraw is quite a huge require amount, no one will withdraw a dust amount from the gambling site, and $200+ is quite a good amount to harvest from your gambling wallet. However, we saw that each gambling site has its own perspective way of having a withdrawal fee, I just wonder how they manage that system if that BTC network is congested then they have a free withdrawal, which means they will cover the cost of the fee. Well, that will pretty much lure gambler I think.

No, he do talk about minimum withdrawal amount not the fees which i dont see a problem because its just minimal unlike those sites having $100- 1000 minimal which is too big
for someone who do only gamble out with small amounts and about the fee then there are ones who do really offer free ones and as you mentioned about paying it up on their
own expense then it would be most likely to happen specially if to those players who do tend to withdraw using up BTC and when network is congested and since they do offer
free fee then thats the cons of it and for sure they are really aware on that one.

DoublerHunter

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Quote from: notblox1 on April 28, 2021, 06:22:07 PM

Roobet have reasonably low withdrawal fees and $10 is minimum that can be withdrawn that is probably one of the best from casinos.
If we look at sports betting websites Sportsbet dominate with free deposits and STake is also good with, but I would rather look fees only in BTC because of high volatility.
Some websites also have integrated exchanges so you can withdraw in other coins to save on fees.

^ $10 is not reasonable on my side and probably from free withdrawal to $5 withdrawal fee is the right reasonable one.
I had rather choose a gambling site that has a free withdrawal even though the minimum that you can withdraw is quite a huge require amount, no one will withdraw a dust amount from the gambling site, and $200+ is quite a good amount to harvest from your gambling wallet. However, we saw that each gambling site has its own perspective way of having a withdrawal fee, I just wonder how they manage that system if that BTC network is congested then they have a free withdrawal, which means they will cover the cost of the fee. Well, that will pretty much lure gambler I think.

Lordhermes

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Quote from: mitchr4 on April 29, 2021, 08:49:11 AM

Not only that I think, from the past until now I prefer to play at Sportsbet because it has a lot of good promotions and it's also profitable.

Yeah, this is another favorable factor that led gamblers to gamble on sportsbet, i have never participated in any of their service but I have friend that take part in their services and it's been profitable to him.

Quote from: mitchr4 on April 29, 2021, 08:49:11 AM

Just look at the recent event they gave free bets to their players by just answering 4 or 3 questions correctly. Is that fun?
I don't mind if they charge a withdrawal fee because they have provided a very good service for their users.

Do you mean at games and rounds section?, bitcasino also organize some fun events also but of random choosing reward, bitcasino also offer free ($0) withdrawal charge, I remembered withdrawing out my funds gotten from hosted event at which I was required to wager at least once, the withdrawal was free and fast.

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Quote from: Scripture on April 28, 2021, 06:47:20 PM

I have my experience on a gambling site where I received some bonus of $50, but since the withdrawal fee is around $30, i decided not to withdraw and just play that money on their site which turns to zero later on. I’ve learned from this experience and never deal with gambling site with a huge fees again.

This a huge help OP, we’ll watch this thread for more updates.

Reading through your post history, I think you are referring to Duelbits which has high withdrawal fee for bitcoin, am I right?
If it is true, basically you can use the option to withdraw your $50 in other coin with lower fee.

@OP, Thanks for the nice compilation of the useful information about withdrawal fee.
One suggestion/question from me, wouldn't it be nice if you add one more column for the information about the feature of the casinos to avoid the high fees?
Perhaps there is an internal exchange/swap feature or something that allow users to withdraw the money in any available coins.
Casinos such as duelbits, rollbit, betnomi, they are converting deposited crypto into USD/coin which make players are able to withdraw the deposited crypto in any available crypto on the casinos.
In this case, players have the chance to avoid high withdrawal fee of bitcoin.

RHavar

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I was involved in creation the system that bustabit & bustadice uses for withdrawals and fees. The way its system works is insanely efficient (vastly more than any others). Users deposits go into a hot wallet, those funds are used by the bespoke coinselection algorithm to make change-less withdrawals. Amounts that can't be used for a long time are scheduled in an ultra-low priority consolidation transactions.

But the interesting about the bustadice/bustabit system, is that the fees users pay is exactly the costs of running the system for how the user uses it. e.g. On other sites you might get banned for making lots of small deposits. On bustabit/bustadice, you can deposit 1000 bits of dust and no one cares. On other sites they have withdrawal restrictions (e.g. max per time period, wager reqs) while on bustabit/bustadice you can do 1000 in a day and no one will care.

Obviously a little biased, but I think the no-bullshit style of bustabit/bustadice is the absolute best way for a casino to run their withdrawal system.

mitchr4

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Quote from: Lordhermes on April 29, 2021, 08:22:50 AM

Now I see the reason sportbet seems to be having the highest number of bettors on bitcointalk forum, most of the times sportbet bettors participate in their bonus pool programs that requires them of using funds to participate, now I know that the withdrawal fee was free.

Most of the gamblers have patronised gambling platform with free withdrawal fee, this attitude in the long run makes such company to be the most used and famous casino site. What do you think about this?

Not only that I think, from the past until now I prefer to play at Sportsbet because it has a lot of good promotions and it's also profitable. Just look at the recent event they gave free bets to their players by just answering 4 or 3 questions correctly. Is that fun?

I don't mind if they charge a withdrawal fee because they have provided a very good service for their users.

Lordhermes

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Now I see the reason sportbet seems to be having the highest number of bettors on bitcointalk forum, most of the times sportbet bettors participate in their bonus pool programs that requires them of using funds to participate, now I know that the withdrawal fee was free.

Most of the gamblers have patronised gambling platform with free withdrawal fee, this attitude in the long run makes such company to be the most used and famous casino site. What do you think about this?

Pmalek

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Quote from: Lakai01 on April 28, 2021, 04:42:17 AM

Is it possible that you have entered the costs for "Instant-Withdrawals" here?

I took another look at Bustadice, and you were right. The instant withdrawal option is ticked by default when you open the withdrawal page and I didn't untick it to see how it changes the fees. Thanks for the hint!

Quote from: acroman08 on April 28, 2021, 04:44:41 AM

just want to add that you missed one of the oldest gambling crypto gambling site which is Primedice.

Thank you, Primedice will be added during the next update.

Quote from: YOSHIE on April 28, 2021, 11:30:54 AM

@Pmalek, did you register on all of these gambling sites, so that you are 99% aware of their withdrawal limits.

Yes. On some of the sites I had accounts before this thread. On the majority though, I didn't. I registered quick throw-away accounts just to check the withdrawal page to find the correct numbers.

Quote from: Fortify on April 28, 2021, 01:31:39 PM

I wonder if you could work in some sort of indicator as to whether these are automatic or manually approved withdrawals, along with timeframes for release (e.g. up to 48 hours) if it is relevant.

That would be a great addition as well. I would have to check the payment pages again to see if they mention that anywhere. Thanks!

nakamura12

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Quote from: Obito on April 28, 2021, 06:34:19 AM

Besides the low fees, you also have to factor your enjoyment and the bonuses in those sites, some are more generous than the other so you might be missing out on something big. It is a really good thread and hopefully it will stay bumped as a reference for other gamblers to find the right place to gamble.

It is a good thread but you can add this thread on your browser and share it to anyone who might looking for a thread of withdrawal fees but did not find one and then you share this thread. It is very different when you gamble in a casino which the casino is not operating in your country which a big amount you have will only become a small amount compared to other gamblers fund.

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Quote from: Scripture on April 28, 2021, 06:47:20 PM

I have my experience on a gambling site where I received some bonus of $50, but since the withdrawal fee is around $30, i decided not to withdraw and just play that money on their site which turns to zero later on. I’ve learned from this experience and never deal with gambling site with a huge fees again.

This a huge help OP, we’ll watch this thread for more updates.

Do you think about BC.games?! At least they have a swap feature, so you can swap your Bitcoins to some other coin with a lower transaction fee!

A nice initiative from OP! We all struggle with withdrawal fees, and like this, we have all about different casinos, and their fees in one place! I must say an impressive list of crypto casinos, I hope OP will be able to update this topic regularly, for sure there will be changes...

Quote from: Pmalek on April 28, 2021, 05:26:53 PM

Quote from: SquirrelJulietGarden on April 27, 2021, 09:44:38 PM

Can you consider a column for Bech32 support or Lightning Network support, please?

That could be added but I am not sure how to get that information from the casino. In my experience, some of the customer support reps I have spoken to in the past don't know whether or not the casino they work for supports Native Segwit.

As I know we can withdraw to bech32 addresses (Betfury, Chips, Rocketpot I tried)... but when it comes to depositing I didn't notice that any casino where I play offers that! It's usually segwit!

Scripture

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I have my experience on a gambling site where I received some bonus of $50, but since the withdrawal fee is around $30, i decided not to withdraw and just play that money on their site which turns to zero later on. I’ve learned from this experience and never deal with gambling site with a huge fees again.

This a huge help OP, we’ll watch this thread for more updates.

notblox1

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Roobet have reasonably low withdrawal fees and $10 is minimum that can be withdrawn that is probably one of the best from casinos.
If we look at sports betting websites Sportsbet dominate with free deposits and STake is also good with, but I would rather look fees only in BTC because of high volatility.
Some websites also have integrated exchanges so you can withdraw in other coins to save on fees.

imstillthebest

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Quote from: crzy on April 28, 2021, 04:22:39 PM

Btw, those fees are for BTC or ETH only? How about those gambling site that accepts other tokens which is less expensive when you withdraw it?

he can add eth fees in the table because eth fees are unpredictably large but tokens and altcoins ?
i guess they are not needed because fees are not high and adding them will make the table wider and harder to navigate .

Quote from: ReiMomo on April 28, 2021, 02:46:24 PM

Great thread and this is good for recommendation when someone will ask.

I never know that Bethash has the highest minimum of withdrawal and also has very high fees, what happens to them?

nothing happens to them but high withdraw and fee is thier asset to become different but bethash supports eos .
you can use eos and escape high withdrawal fee in btc .

Pmalek

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Quote from: ralle14 on April 27, 2021, 09:14:50 PM

One of the good things with stake is that they don't have any minimum deposit amount and if you don't mind using another coin then you can use a third party exchange like Dinabot to convert your bitcoin to alts within the site and withdraw that way to save fees.

Depositing and playing with a small amount is a double-edged sword. Stake will allow you to deposit $1 worth of bitcoin, for example, but you need to bring that sum up to $27 or 0.0005 BTC to make a withdrawal. I haven't checked, but my guess would be that the min. withdrawal amounts are around the same regions for altcoins, am I right? You have to roll that money over many times or gamble with high odds and that's where many lose their money.

Quote from: SquirrelJulietGarden on April 27, 2021, 09:44:38 PM

Can you consider a column for Bech32 support or Lightning Network support, please?

That could be added but I am not sure how to get that information from the casino. In my experience, some of the customer support reps I have spoken to in the past don't know whether or not the casino they work for supports Native Segwit.

Quote from: Renampun on April 28, 2021, 02:13:10 AM

from what I see like its just a Rollbit that does not set a minimum wd limit, I want to try playing there.

But consider that Rollbit had a withdrawal fee of around $25 when I conducted my research. So if you withdraw $30, you only get $5 in your wallet. The rest is used as withdrawal or mining fees.

Quote from: Kong Hey Pakboy on April 28, 2021, 03:33:02 AM

Is the withdrawal fixed or is it based on how much bitcoin or crypto you are withdrawing?

On Stake, the withdrawal fees are fixed at 0.0002 BTC per withdrawal. It doesn't matter how much you withdraw as long as it's above the minimum threshold of 0.0005 BTC.

Topic: [Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos - page 41. (Read 13583 times)