Sorry to say but I believe no one will risk $50 to try and play in a new site like yours. If you want to gain good first impression and then gain good reputation, you should allow deposit and withdrawal as low as possible (lets say $5-$10). That's reasonable amount for most gamblers to risk when they want to try a new site.
Well said. Crypto gambling sites usually don't require any minimum deposits or small deposits such as $5 - $10 as you mentioned since they tend to focus more on wagering requirements when compared to deposit requirements.
Good thing here is that op keeps listening to our feedback and is making positive changes regularly though more positive changes are clearly necessary in my opinion.
I have to agree that lowering the min deposit may finally attract some users here to deposit and try the site.
Maybe, just make the wagering requirements like maybe x2 or whatever you deem is right and fair.
As you are just starting, you need to get the interest of these players. If they have good experience, they can always put a good word for the site.
I personally don't see $50 as a high risk amount of money and think $5-$10 isn't really enough to test. However I will test the waters on this one and be flexible. Ill work on getting all the numbers down. Maybe that way we can see a thousand deposits and go from there! Just don't really see how there is a real chance to make a decent profit with $5 but there is always a chance I suppose.
Anyway I'll update when the changes are made...
Thank you Sovie
$50 is not high risk for you, but remember, there are small time gamblers here where they see that $50 is already high risk.
So to get those small time rollers, you need to bend down regarding their request.
If they are happy, who knows, they will use your site again and again, at least create traffic on your site.