Re: [Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos
Cloudbet has been charging 0.00054240 for more than six months now, which is pricey but I am still okay with that, the problem I have is while they deducted 0.00054240 from my account they paid only 0.00011139 (in April) and 0.00013536 (in March) on the blockchain and similar in previous months.
You mean that you can see on the block explorers that the paid network fees were only 0.00011139 BTC and 0.00013536 BTC respectively? That would mean that they use a portion of what they charge the players to pay for the mining fees, and pocket the rest as their own profit or withdrawal fee. Yes, they seem to be pocketing the rest and this is a recurring problem. I have seen this issue in my past 6 or so withdrawals. I asked their support and even reached out to their Discord manager but with no luck.
I have seen other casinos/books return the difference to the customers if they overcharge customers, I reached out to their live support and discord many times but with no luck.
What did they say? Did they acknowledge that only a small part of the withdrawal fees go to the miners, or are they trying to conceal that fact? There isn't anything illegal in doing that, but they could lower it at least. They havent exactly clarified and we can guess why that could be the case
But their standard response is try playing with other coins...LOL...and I would be like when you adding Litecoin/Dash/TRX...they would be like it is in the pipeline...Finally since past weekend I am able to bet with Litecoin and will use that only from now on...Withdrawal still takes couple of hours unlike stake and sportsbet which is instant