Post
Topic
Board Gambling discussion
Re: Fees!!!
by
Ayers
on 27/05/2017, 16:13:14 UTC
If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?

they don't care i thinl but i know for sure that these service lik exchange and casino have special deals with miners and they can have fast confirmations with very low fee, like 20k satoshi, but anyway when you cash out you have still your bitcoin, just don't sell if the value dropped at that moment, and sell again when it go high
Then can you explain what happened with DirectBet.Eu and why they felt they needed to shutdown their operation?
That would be the sole reason they did it because all those free sends after their customer's bets have settled was too much for them to bear the brunt of the ever increasing fee's the miners were demanding to have their transactions to complete and confirm at a reasonable amount of time. That being within an hour or two and not prolong to 24-48 hours.

probably it's an other thing there, perhaps they have not enough funds to cover their expenditures? a website like a casino isn't free you need money to run it, if they have not enough income from their betting they can shut down and declare banckrupcy, but i see that the website is still working good, so what you are talking about exactly?