🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰 - page 28.

Haunebu

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Quote from: SquallLeonhart on July 04, 2021, 12:41:31 PM

What I said was to people who like other coins but prefer btc, and in that case financials just doesn't add up. Yeah sure, there are costs involved, but at what cost? I mean if you are dealing with 10k dollars then yeah bitcoin shouldn't be that much of a trouble, yet you do know that you can gamble with just 10 bucks with a place that takes Tron right? And withdraw/deposit for free, and only pay the 0.25% or whatever trading fee and that's it? That is just way too beneficial to "not prefer" if you can gamble with it.

Take a look at this table.

https://bitcointalksearch.org/topic/table-withdrawal-fees-and-withdrawal-amounts-on-crypto-casinos-5333602

Wolf.bet literally charges the 3rd highest BTC withdrawal fee in the list.

I understand your point of view and I do agree with it to some extent, but I am strictly against the high BTC withdrawal fee since some competitors charge zero BTC withdrawal fee while some charge a couple of dollars. Let's just agree to disagree.

SquallLeonhart

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Quote from: Haunebu on July 03, 2021, 04:06:19 AM

Quote from: SquallLeonhart on July 02, 2021, 04:01:38 PM

It means if you are dependent on bitcoin, you are not preferring other coins, you are still preferring bitcoin, there is no other explanation on why you would use bitcoin to gamble, it is that you just like it, every other coin is not something you prefer. I prefer to gamble with other coins whenever I can in every place I gamble and I can tell you that I do not care if the withdrawal fee for bitcoin is 100 btc or 0.00001 btc because to me they are all the same since I do not use it at all.

Wrong. I prefer playing with BTC more often because I like to withdraw the BTC balance directly to my wallet and convert it into my local FIAT currency seamlessly.

On the other hand, withdrawing altcoins requires conversions and additional fees and time. Also, you are part of the minority that doesn't care about BTC withdrawal fees. The majority including me care a lot about it.

I agree that majority do care, that is why I do not understand and I wanted to learn exactly why, and you have given me a reason yet I am not entirely sure if I agree with it, or understand the answer completely. So, I said that you prefer btc and not altcoins, which means that maybe you should start looking into others and test them, however assuming you tested them all and still prefer BTC that means you just do not like other coins, that is as much you have basically said.

What I said was to people who like other coins but prefer btc, and in that case financials just doesn't add up. Yeah sure, there are costs involved, but at what cost? I mean if you are dealing with 10k dollars then yeah bitcoin shouldn't be that much of a trouble, yet you do know that you can gamble with just 10 bucks with a place that takes Tron right? And withdraw/deposit for free, and only pay the 0.25% or whatever trading fee and that's it? That is just way too beneficial to "not prefer" if you can gamble with it.

dezoel

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Quote from: janggernaut on July 02, 2021, 05:53:24 PM

Quote from: Applesoda on July 01, 2021, 12:22:07 PM

Check out the results from our latest $5000 Wolf Race Cool

I am curious, what was your best result so far?

From the pic, the 1st winner of race has wagered 79 btc which estimated he lose during that run was 0.79 btc (because of house edge on wolfbet is 1%). With prize of 0.04 btc, it's still 20 times lower than his estimated loss. I know it's not always we lose 1% from our wagered, but it's highly happened

Those type of high rollers do not gamble because they believe they could win something from the promotions, if that was the case he could have simply gambled 15 btc which would still be 0.15 btc lost on average according to house edge (we all know he could have won a lot more or lost a lot more) but at least it would be less loss in the end.

However these high rollers do not care about this situation which means that we are not looking into anything that is exceptionally interesting, we are looking into something that is ordinary because these people end up doing these kinds of stuff all the time. It is just the whales of the crypto casino world that gamble more than I can imagine, more money then I will ever own, just on gambling, they are THAT rich and that is just fine because it is a common thing. I have seen in another website where a thousand dollar reward was won by someone who gambled 1500 btc total, he didn't do that for promotion at all neither.

Haunebu

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Quote from: SquallLeonhart on July 02, 2021, 04:01:38 PM

It means if you are dependent on bitcoin, you are not preferring other coins, you are still preferring bitcoin, there is no other explanation on why you would use bitcoin to gamble, it is that you just like it, every other coin is not something you prefer. I prefer to gamble with other coins whenever I can in every place I gamble and I can tell you that I do not care if the withdrawal fee for bitcoin is 100 btc or 0.00001 btc because to me they are all the same since I do not use it at all.

Wrong. I prefer playing with BTC more often because I like to withdraw the BTC balance directly to my wallet and convert it into my local FIAT currency seamlessly.

On the other hand, withdrawing altcoins requires conversions and additional fees and time. Also, you are part of the minority that doesn't care about BTC withdrawal fees. The majority including me care a lot about it.

mitchr4

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Quote from: janggernaut on July 02, 2021, 05:53:24 PM

Quote from: Applesoda on July 01, 2021, 12:22:07 PM

Check out the results from our latest $5000 Wolf Race Cool

I am curious, what was your best result so far?

From the pic, the 1st winner of race has wagered 79 btc which estimated he lose during that run was 0.79 btc (because of house edge on wolfbet is 1%). With prize of 0.04 btc, it's still 20 times lower than his estimated loss. I know it's not always we lose 1% from our wagered, but it's highly happened

He has a higher wagered amount than the players below him. It seemed he was just playing as usual with no intention of participating in the race. So if only, chasing the main prize of the contest is not at all and for him it's just a game.

iv4n

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Quote from: janggernaut on July 02, 2021, 05:53:24 PM

Quote from: Applesoda on July 01, 2021, 12:22:07 PM

...

From the pic, the 1st winner of race has wagered 79 btc which estimated he lose during that run was 0.79 btc (because of house edge on wolfbet is 1%). With prize of 0.04 btc, it's still 20 times lower than his estimated loss. I know it's not always we lose 1% from our wagered, but it's highly happened

Anything is possible... he can even be green after wagering this crazy 79 BTC! I guess a total bust is also an option! Probably it's the first one, he is green, when you check this guy stats you will see by yourself, he is pretty much green with all the coins he plays, except with Ethereum! At the current price, 79 BTC is over $2.6 million... I can just imagine how crazy this session was... to wager all this in just one day!
Congrats to Wasim on this amazing run! I hope he will stay green!

janggernaut

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Quote from: Applesoda on July 01, 2021, 12:22:07 PM

Check out the results from our latest $5000 Wolf Race Cool

I am curious, what was your best result so far?

From the pic, the 1st winner of race has wagered 79 btc which estimated he lose during that run was 0.79 btc (because of house edge on wolfbet is 1%). With prize of 0.04 btc, it's still 20 times lower than his estimated loss. I know it's not always we lose 1% from our wagered, but it's highly happened

SquallLeonhart

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Quote from: Haunebu on July 01, 2021, 01:16:24 PM

Actually, I have gambled with different cryptocurrencies in different crypto gambling sites for a long time and I actually prefer using altcoins like LTC and Doge wherever they are available due to the cheap fees and TX times.

However, I am still heavily dependent on BTC for my gambling activities which is why I am not in favor of the high withdrawal fee charged by Wolf.bet.

Expected a response from them related to this matter, but it looks like they don't care. Managing with altcoins seems to be the only viable option here for small-scale gamblers like me.

If you prefer to gamble with stuff like LTC and Doge then why are you heavily dependent on BTC? I mean that doesn't make sense, if you prefer to gamble with another coin then you could gamble with another coin, that would mean if the withdrawal fee for bitcoin is 100 bitcoins that still shouldn't bother you because you are gambling with something else.

It means if you are dependent on bitcoin, you are not preferring other coins, you are still preferring bitcoin, there is no other explanation on why you would use bitcoin to gamble, it is that you just like it, every other coin is not something you prefer. I prefer to gamble with other coins whenever I can in every place I gamble and I can tell you that I do not care if the withdrawal fee for bitcoin is 100 btc or 0.00001 btc because to me they are all the same since I do not use it at all.

MusaMohamed

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Quote from: Haunebu on July 01, 2021, 01:16:24 PM

Actually, I have gambled with different cryptocurrencies in different crypto gambling sites for a long time and I actually prefer using altcoins like LTC and Doge wherever they are available due to the cheap fees and TX times.

Gambling is the biggest ecosystem for Dogecoin. It is what other meme tokens don't have. It is what many other altcoins don't have.

I don't know where it began, what is the first gambling site accepted Dogecoin. It is a beginning of a great meme altcoin.

Litecoin has as same adoption on gambling sites as Dogecoin or it is less common then Dogecoin. Anyway, Litecoin is very good for transactions.

Haunebu

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Quote from: SquallLeonhart on June 26, 2021, 03:56:56 AM

I would highly advice you to give it a try, maybe you already have and didn't like it, but maybe that is the coin that you didn't like, try other coins as well, I can promise you that paying less is a lot better than playing with what you like.

Actually, I have gambled with different cryptocurrencies in different crypto gambling sites for a long time and I actually prefer using altcoins like LTC and Doge wherever they are available due to the cheap fees and TX times.

However, I am still heavily dependent on BTC for my gambling activities which is why I am not in favor of the high withdrawal fee charged by Wolf.bet.

Expected a response from them related to this matter, but it looks like they don't care. Managing with altcoins seems to be the only viable option here for small-scale gamblers like me.

Applesoda

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Check out the results from our latest $5000 Wolf Race Cool

I am curious, what was your best result so far?

SquirrelJulietGarden

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Quote from: SquallLeonhart on June 26, 2021, 03:56:56 AM

Gamble with coins that have a lot lower fee, or even there are some that have no fee and you will end up with cheap options that would be a lot better. That is why casinos keep adding more and more coins, it allows people to gamble without worrying about anything at all. I would highly advice you to give it a try, maybe you already have and didn't like it, but maybe that is the coin that you didn't like, try other coins as well, I can promise you that paying less is a lot better than playing with what you like.

Some gambling sites only allow you to bet with the cryptocurrency you deposit, no swap or exchange between coins in the gambling site. That is to prevent coin mixing and gamblers consequently only have to choose what currency to use at beginning.

It is why they are more keen on altcoins with cheap transaction fees than Bitcoin or Ethereum that has expensive transaction fees sometimes. On gambling sites that allow exchanges between cryptocurrencies, transaction fees are not a matter because gamblers can swap, exchange from BTC, ETH to other available altcoins, make bets and request withdrawals.

SquallLeonhart

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Quote from: Haunebu on June 24, 2021, 02:38:35 PM

Quote from: tygeade on June 21, 2021, 03:59:59 PM

That is why I believe there is a good amount of reason to believe wolf.bet can't do it even if they wanted to because it would lead to their bankruptcy by the abusers.

I am just saying use cheap altcoins, and instead of requesting free withdrawal fee, just request cheap coins.

Majority of the gamblers including me prefer playing with BTC which is why the BTC withdrawal fee matters a lot even though there are alternate currencies available. $20 withdrawal fee sucks and definitely needs to be lowered.

Majority of gamblers does something wrong, doesn't mean that just because many people do it, that is the correct way to do it. Bitcoin has high fee, mempool is crowded, there is no way to make it cheaper and it costs a lot, casinos may or may not take advantage of it but it is still doesn't change the fact that it is one of the most expensive ones out there, probably the most expensive one.

Gamble with coins that have a lot lower fee, or even there are some that have no fee and you will end up with cheap options that would be a lot better. That is why casinos keep adding more and more coins, it allows people to gamble without worrying about anything at all. I would highly advice you to give it a try, maybe you already have and didn't like it, but maybe that is the coin that you didn't like, try other coins as well, I can promise you that paying less is a lot better than playing with what you like.

Haunebu

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Quote from: tygeade on June 21, 2021, 03:59:59 PM

That is why I believe there is a good amount of reason to believe wolf.bet can't do it even if they wanted to because it would lead to their bankruptcy by the abusers.

I am just saying use cheap altcoins, and instead of requesting free withdrawal fee, just request cheap coins.

Majority of the gamblers including me prefer playing with BTC which is why the BTC withdrawal fee matters a lot even though there are alternate currencies available. $20 withdrawal fee sucks and definitely needs to be lowered.

Quote from: iv4n on June 22, 2021, 02:23:07 PM

I agree, each site has its own policy! At BC.Games withdrawal fee for BTC is 0.000561 BTC... now you can do the math!
But in the end, as I previously said, there are other good coins to gamble with! We are not forced to pay the fees or anything... I guess holding BTC and waiting for lower transaction fees is always one of the options!

I am primarily a BTC gambler which is why I don't usually gamble with altcoins due to which I detest the $20 withdrawal fee charged by Wolf.bet.

Lowering the BTC withdrawal fee could actually attract more small-scale gamblers when compared to lowering minimum withdrawal amounts for various cryptocurrencies.

Mahdirakib

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Quote from: dezoel on June 23, 2021, 03:46:13 PM

You should be careful about this. I am not saying that it is bad but if you give people what they want at all times then it is not going to be that cool for you eventually. 100 doge is still 20+ dollars and 1 etc is still 40 bucks so not like you dropped it much, it is still a ton of amount, I always say that it the minimum withdrawal should be under 1 dollar if you can, but can never be over 10 dollars, because with these numbers you are practically saying people who do not have much money should stay away from here, 40 bucks as MINIMUM is not something poor people like me can play and that is why ~

Minimum withdrawal at $1 level! It doesn't make much sense. $20 or $40 isn't anything big. If you can't afford $10 and take it as a big money then you should avoid gambling. Obviously those people should stay away from gambling who don't have enough money, not only from wolf.bet but also from other casino. Every withdrawal have some fee. If they reduce the minimum withdrawal limit to $1 then your profit ratio will decrease for small dust amount withdrawal by paying a fixed fee always.

numanoid

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Quote from: dezoel on June 23, 2021, 03:46:13 PM

Quote from: Applesoda on June 22, 2021, 05:41:32 AM

Hello Wolfs,

we value your feedback highly and we are happy to let you know that we have decreased the minimum withdrawal amounts for DOGE & ETC.

Minimum Doge Withdrawal: 100

Minimum ETC Withdrawal: 1

You should be careful about this. I am not saying that it is bad but if you give people what they want at all times then it is not going to be that cool for you eventually. 100 doge is still 20+ dollars and 1 etc is still 40 bucks so not like you dropped it much, it is still a ton of amount, I always say that it the minimum withdrawal should be under 1 dollar if you can, but can never be over 10 dollars, because with these numbers you are practically saying people who do not have much money should stay away from here, 40 bucks as MINIMUM is not something poor people like me can play and that is why I do not think that we should be talking about anything risky for wolf.bet just yet, you can give people what they want a bit more and it would not hurt you since it is still incredibly expensive but it is a very risky move that you should thread carefully.

Didn't you realized something? They do that to prevent people abuse the faucet and withdraw their money from faucet if the min withdrawal is very low (you said less than $1). Imagine everyday there are 100 people make $100 from faucet, just matter of time until wolfbet goes bankrupt because of that.

dezoel

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Quote from: Applesoda on June 22, 2021, 05:41:32 AM

Hello Wolfs,

we value your feedback highly and we are happy to let you know that we have decreased the minimum withdrawal amounts for DOGE & ETC.

Minimum Doge Withdrawal: 100

Minimum ETC Withdrawal: 1

You should be careful about this. I am not saying that it is bad but if you give people what they want at all times then it is not going to be that cool for you eventually. 100 doge is still 20+ dollars and 1 etc is still 40 bucks so not like you dropped it much, it is still a ton of amount, I always say that it the minimum withdrawal should be under 1 dollar if you can, but can never be over 10 dollars, because with these numbers you are practically saying people who do not have much money should stay away from here, 40 bucks as MINIMUM is not something poor people like me can play and that is why I do not think that we should be talking about anything risky for wolf.bet just yet, you can give people what they want a bit more and it would not hurt you since it is still incredibly expensive but it is a very risky move that you should thread carefully.

LUCKMCFLY

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It's great to see that Wolfbet is having so much success that sports betting is booming, it's also nice to see that even the Copa América included it, particularly one of the games that I want to bet the most will be Colombia Vs Brazil, I really like the interface I see that they have an excellent emergence, they also have the Euro, they are very exciting things that the entire Wolfbet team is doing, I really congratulate them with all my heart. Everything that is happening is excellent, the word must spread throughout Latin America since there are many bettors for soccer, especially for Colombia.

iv4n

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Quote from: Applesoda on June 22, 2021, 05:41:32 AM

Hello Wolfs,

we value your feedback highly and we are happy to let you know that we have decreased the minimum withdrawal amounts for DOGE & ETC.

Minimum Doge Withdrawal: 100

Minimum ETC Withdrawal: 1

Niceee! When you plan to lower minimum bets for flash?! Or I am asking too much?!

Quote from: Bitinity on June 21, 2021, 02:35:14 AM

Quote from: Haunebu on June 20, 2021, 12:10:54 PM

Quote from: iv4n on June 20, 2021, 07:46:35 AM

...

No you cant ask all sites to have free withdrawal fees. All sites has their own ways to attract players. You may find something attractive which is available in a site but you cant find it in other sites. You need to see the whole offer by the casinos, not only see about the withdrawal fee only. Anyway, I have to agree that $20 withdrawal fee is indeed huge and it needs to be adjusted to be more competitive but it does not need to be removed to be zero fee.

I agree, each site has its own policy! At BC.Games withdrawal fee for BTC is 0.000561 BTC... now you can do the math!
But in the end, as I previously said, there are other good coins to gamble with! We are not forced to pay the fees or anything... I guess holding BTC and waiting for lower transaction fees is always one of the options!

Applesoda

copper member

Activity: 175

Merit: 5

Official Wolf.Bet Brand Manager

Hello Wolfs,

we value your feedback highly and we are happy to let you know that we have decreased the minimum withdrawal amounts for DOGE & ETC.

Minimum Doge Withdrawal: 100

Minimum ETC Withdrawal: 1

Topic: 🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰 - page 28. (Read 51436 times)