Due to increase in average cost of confirming a Bitcoin transaction, we are hereby increasing transaction processing fee from 0.0002 BTC to 0.0004 BTC. We understand, this might impact small bet amounts, but to ensure faster processing of bet forwarding Tx and winning amount sending Tx, we had no other way. Sorry for the inconvenience caused.
https://twitter.com/Chain_Bet_/status/854662731085078528This move may turn off gamblers betting less than 0.001 BTC. Otherwise, it is good for us as bet processing has become pretty fast now.
I dont think so it is just a 0.0002 increase after all, I mean it is not per bet increase neither just a transaction fee increase. Considering 0.0002 is just 25 cents it is not that much to consider when you are gambling. If you are worrying about a 25 cent increase than you shouldnt be gambling anyway.
Actually it depends on the bet amount of the gambler. For a bet amount less than 0.001 BTC, a 0.0004 BTC flat deduction is huge. But, for high rollers, it does not matter, because they are enjoying the 0% house edge, which is a privilege they wont get anywhere else. I can foresee that in future chain-bet.com may turn into a temple for high rollers.