Post
Topic
Board Gambling
Re: 🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰
by
naim027
on 22/10/2021, 02:45:19 UTC
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.
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.

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.
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.

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.