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"If you’d rather not pay, you can wait it out. Your bounty will decrease over time as shown in the meter. Red shows a rapid decrease, while white shows a slower decrease. In general, your bounty will decrease by 20 gold approximately every 3 minutes or 6,300 gold every day. Thankfully for the ESO thief, bounties continue to decrease even when logged out of the game. If the heat is really on, hole up somewhere in town (or preferably out in the wilderness where there are no guards) and wait. If need be, log out and play The Elder Scrolls Online later. Your bounty will be smaller the next time you play."
Yeah, after three minutes it decreases by a bit. It's level-dependent though, so it's only 20 gold every three minutes if you're Level 50+. If you below that, it's less.
So would it be feasible to go on killing spree or thieving spree every day before logging off, given that I can only play between 8pm and 11pm most days due to putting my son to bed? Could be a lucrative little income with little risk.
Yeah. I think I'm gonna rob and steal before logging off. And yes it definitely is not 20 gold per 3 minute interval for me. It's more like 8 every 5-7 minutes. I'm under level 30.