Topic: 🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰 - page 20. (Read 51436 times)

Is there any casino that has constantly empty hot wallet? And because of empty hot wallet you can't click on withdraw button? What I say from my experience (and I was working in one online casino), I can say that your funds (in cases that I know, haven't had different experience), from the moment you click on withdraw, it doesn't matter whether hot wallet is empty or not, the amounts of coin that were meant for withdraw are immediately locked. Have you ever received message from casino that they can't proceed withdrawal because they don't have money in hot wallet? Idk, if there exists such casino, you better not gamble in those ones. There are a lot of casinos where you won't ever hear about that kind of problems, better do some research and don't play on poor casinos that doesn't properly manages the budget.

It's exactly what I was trying to say

Actually there's no risk with the casinos who will have an exchanger. The risk only comes if they're the one who's going to have their own exchange inside their casino but many of the casinos that has their own exchange insides are just integration of a 3rd party service.
They just have to connect their customers with an exchanger which is the 3rd party and it will do the job for those customers that want to exchange their deposits.

I know very good, how to manage it with fees, I own Dinabot
The only reason, why I can manage it with less risk than a casino - is that I can reject an exchange, simply by allowing to use limited balances.

Hehe. You got the Point. I don't blame them since they have their own business strategy.

Some casinos use wallets where you can exchange coins easily. Suppose you exchanged BTC for XRP and you paid 2% Fees, You should take 5% fees from your players. that's how you can manage them.

Having an Exchanger is good for Players, Bad for the casino owners.

I'm not surprised that some casinos doesn't want to have an inside exchanger. It's risky and takes efforts.

Will make a very simple, even childish example, why I wouldn't implement an exchanger if I would be a casino owner 

Two players came. Player A made a deposit of 0.01 btc, player B made a deposit of 0.01 btc, and both decided to exchange it to xrp for playing. At that time price I (casino) credited to their balances, let's say, 500 xrp each.

Player A had a nice run, made his balance to 3000 xrp and now wants to withdraw it. Where the heck I should get these from, if there weren't any xrp deposited? How much of each coin should I hold "just in case"?
While player B didn't win or lose much, and now wants to exchange his same 500 xrp back to btc and withdraw it. Problem is - prices changed, and now it's worth not 0.01 btc, but 0.012 btc. So I didn't earn from him any, but still need to pay extra from my own pocket?

Ofc sometimes it works in otherwise direction, but still - risk is too big.

You are absolutely right!

Did I say that They must add an exchanger? I know rules are rules. And They can do whatever they want in a legit way. And I think they are 99.9% legit. I just said that adding an exchanger will not be good for the casino. So I think they will never add it.

I also said, If they add an exchanger, Users will be benefitted. So what's wrong here?


Right. the same thing happened with me at Wolf. Remember Doge ATH? About $0.80 or close to that? That time, I had 80 Doge on my wolf account. and their minimum withdrawal was about 350 Doge maybe? or 250? I can't remember exactly. That time, I had no choice. So I played and lost them all.

The worst part is that we have to do something like that in order to withdraw our money. I had some ETH in here back in the day, it was a very very small amount, like 9 dollars or something like that I believe, and I couldn't withdraw it because it was under the minimum withdrawal threshold and that's why I had to keep gambling with it and obviously I ended up losing it all.

That is a proof that we need to have some lesser minimum withdrawal level and a lower fee, or at least help it with some swaps so that we could turn it into something else and make a profit there. In any other case I would be supporting the casino to not have an exchange because they are not forced to, however these days the fees of moving money in and out is a lot, so an exchange could be awesome, it would allow people to do whatever they would like to without fear of losing it.

First I saw it in another casino and now at Wolf, Shiba Inu is becoming a popular gambling token! When I saw it for the first time I didn't want to bother and to check it more, but after now I guess I will take a closer look at Shiba...


Well, I can only add one thing... rules are rules! And the casino has the right to do things in their own way! The same as we (users) have a right to choose a casino where we wish to spend time and money! The exchange can be convenient, but it's not like it's necessary!

Yep, I am wrong if you think from the casino side. But If you think from the user side. Users will get benefitted from the exchanger.
Suppose I have $50 In ETH. I had a chance to lose it if I play. I am happy with $50 and I want to withdraw it.

But I can't withdraw just because the Minimum Withdraw limit is $125 In ETH. So, If they had an exchanger, I am willing to pay 5-10% exchange fees to convert it from ETH to BNB. Then get it into my wallet.

I think you got my point. I am thinking from the user end. Not From the Casino side.

Thanks.

You are wrong I think as far as its bad for business. Check out other sites that have a built in exchange. You will see they do not exchange at a 1-1 rate. There is a fee charged for exchanging currency on site and in some cases it is just as high.

I agreed. But My point was, still there is a good business idea for not adding own inbuild exchanger. There could be a way to avoid that kind of transaction fee if they had an exchanger.

the casino doesn't want to let you go out from there.

Transaction fee affects the min withdrawal limit. Because casino can not allow withdrawal amount that is smaller than transaction fee.

They can waive transaction fee, charge cheap or expensive fee and you can look at the min withdrawal limit and think of your plan with deposits and withdrawals.

This fact of expensive transaction and withdrawal fee will result in more chances for altcoins with fast block time and cheap transaction fee. They will be considered to add by casinos and exchanges that in turn can help them to have support by community, investors, users, gamblers. They will help those potential altcoins to grow.

If this really is an issue there, you may be better off not gambling at all.

On a different note, I would like to mention that I am really happy with how WOLF.BET keeps improving, the future is looking bright with all those new additions and improvements (I even know a thing or two the general public wouldnt know... be excited!).

Keep Dreaming brother. Players Crying for a while now. They will never launch an inbuild exchanger. They have a good business plan about not building an exchanger.

Here is why:

Their Minimum Withdrawal Limit is as follows as:


BTC - 0.001 ($65.02)
ETH - 0.03 ($125.24)
LTC - 0.1 ($20.79)
DOGE - 100 ($25.59)
TRX - 250 ($25.79)
BCH - 0.02 ($12.95)
XRP - 50 ($57.26)
USDT (ERC20) - 50
USDT (TRC20) - 50
UNI (ERC20) - 3 ($81.98)
SUSHI (ERC20) - 3 ($34.62)
XLM - 100 ($39.11)
ETC - 1 ($56.17)
BNB - 0.02 ($9.97)
DOT - 2 ($88.24)
ADA - 5 ($11.04)
SHIB (ERC20) - 2000000 ($56.23)

As you can see, Compared to BNB Minimum ($9.97) Withdrawal limit with the ETH Minimum Withdrawal limit ($125.24) is way high. Suppose a Player has $50 in ETH. At this moment, That Player has to make it $125 to withdraw it or lose them all.

But, If they build an exchanger, the Player will exchange his ETH to BNB And he will make a withdrawal.
Hope You understand my point.

The player could get benefitted if Wolf build an exchanger. Look at their Withdrawal Fees, 0.00043 ($29.17)BTC For 0.001 BTC. 0.01 ($42) ETH For 0.03 ETH. These are just Transaction fees that users have to pay. Players could be available to avoid the worst transactions fees by the exchange. Now it's not possible.

Anyways, Thanks.


Hey bro. You should submit the Support Responses too. What do they tell you? The community would like to know about what was the issue with your withdrawal. did they answer you? if yes, please show us what they said. They should not ruin their reputation for thousands of Bucks.

Good Luck!

^ I don't know about this if this is right, because when you have initiated withdrawal and the status becomes pending, your entire balance becomes zero and there is nothing that you play while waiting when it will be confirmed. I think this is what you mean and comparing it into exchange platform withdrawal and which is I think they are just the same. As I understand, that will not happen, correct me if I am wrong but your fund becomes hold if you will withdraw it. However, probably we have different gambling site use, tell me which gambling casino is that.

The main idea is that gambling and exchanges are different. If you have money in an exchange and you are not getting it right away then what are you going to do? Like you can't gamble it and then lose it, it is there and it will come, plus after you already confirm withdrawing even if it is not coming just yet, it is not tradable in most of the cases as well.

This is why I was saying that casino business is a bit different because if you cannot withdraw your money right away, then you may end up gambling with it and lose it all. So in an exchange it is "I have 100 bucks in it, I withdrew all 100, they haven't sent it yet, but it is there and coming and I can't do anything with it" , whereas in a casino you could have "I withdrew 100 bucks from this casino, they didn't do it, they didn't had hot wallet so I ended up gambling with it and lost it all", it is possible and that's the problem.

Yeah, this would be a good change which might hook up even more players because having this option will give out better experience when it comes to withdrawing other coins if ever they do find out
some problems towards fees or simply they do like personally to withdraw on the coins that they do prefer or liked into.

Its good to look at that Wolf.bet is still going strong after all the years whom do i thought that this one wont really last that long.

Sorry but I didn't understand what you mean.

The moment you asked for withdraw from casino, your funds are proceed and you aren't able to gamble, i.e. when you click the withdraw button, you are no longer to gamble, so, there is no problem in this case I guess and it has nothing to do with the time of transaction process and then confirmations on blockchain.
Btw there are some solutions for these kind of users even without withdrawing:
1. Ask to freeze their account for a while (you won't be able to unlock it even if you request).
2. Some casinos offer additional wallet where you can lock your funds.

Btw that's the personal problem that needs to be treated, it means that you are addicted to gambling and like other kind of addictions, this one can ruin your life.