Topic: Betcrypto.cr bankroll idea| thinking on opening our bankroll for investors $400k (Read 385 times)

Name: Betcrypto.cr
Posts: 96
Activity: 96
Merit: 0
Position: Copper Member
Date Registered: November 06, 2022, 04:46:20 AM
Last Active: Today at 08:11:02 PM

and something strange that since the 4th of april that OP doesn't make any post here in the forum, we're talking about more than 20 days in which he didn't come to answer any question asked in this thread, I also happen to be one of the many people who asked him questions on this thread, but it's really strange that he keeps entering the forum and doesn't answer anything people are asking him, you don't have to be a genius to understand what could be going on here, so I'll give you my theory of what could be going on here happening, OP must not have any money, OP is not earning 28000$ as he said, so his strategy is to create this thread so that people click on his casino link, I have this theory because of that:


he suggested that people create an account at the casino and test it and of course his intention from the beginning was to get people's attention and get people to create an account at his casino which is an unlicensed casino in curacao, I hope people analyze everything very well before using this casino that the OP never came to answer any question, if he doesn't even have time to answer questions, so imagine if you have someone problem in the casino,, they will probably never be answered or will be waiting for months any answer

well, this is the essence of several problems, namely the lack of clarity in information sharing profits from casinos with investors. on the other hand investors need something they can trust before placing their money in this casino.
like some investors might already be here waiting for further information but it seems like the OP also has to respond to all of this if he really wants to run his project.

Credentials should be indeed shown in order for people to trust the people behind any project. Terms and conditions will be more likely discussed internally covering assurance that no money would be ran away with the project. Maybe OP is just checking if there will be people who would be interested to invest but problem is, how will their interest be built up if there is nothing being predented in a single glance. We are in cryptoindustry wherein personal information is hidden to the masses. And I guess that is an enough reason why many people won't trust that easily and also, $400k is not a small money to put into risk without atleast getting an assurance for the investor's end.

Really hard to make out some partnership or making out some investment here on online space on which there's no way that you could be able to take your money back once problem had occurred or simply you had been scammed out. This is why its not really that shocking that there would be no people would be interested on making some partnerships or would really be putting up their funds on something like this.

@Op, i do saw that you are online today, are there any updates in regarding about if there are investors who would really be tending to dive in with your current offering?

Just like on what i had mentioned earlier that if you are planning to have some extension then you would really be able to accumulate $400k in no time if you are really that indeed growing
then it wont really be that a problem on raising this amount or you would really be finding up some potential investors on your local or physical because you cant really get any support
out of this community.

Just like on what said above on where people cant really just trust up on putting up their money if the information given is lacking or not really that been showed or mentioned.

Even if he is serious, his offer lacks a lot information that an investor must know or see before they can make their mind if they want to invest in it or not. The very first thing is that there is no mention about investment threshold or anything about the profit percentage or anything, if I was an investor, I would want to see those things first.

After that, being an investor, why would I trust them with my money? What's the guarantee that my money will not just be taken away and I will keep getting profits while my investment will also be safe with them?

Yes, it's true that investors will be happy to invest large amounts of their money because there is a quite a large percentage of profit if the velocity of money in the casino can be equivalent to what is generated.
Even gamblers who play for big wins don't need to worry if the amount of money in the casino's bankroll is large enough.

If the casino has a good reputation, investors also have no fear that the money invested can be lost due to being cheated. Moreover, investors will always support the development of the casino so that the money invested can generate greater profits.

But investing in a casino bankroll requires big money if only with small money it will be in vain because the profits will be insignificant.

these offers to participate in the bankrolls of a casino are always intriguing but so many questions arise and such a "short" initial topic does not provide all the answers to the various doubts...

What guarantees are offered to those who participate in the bankroll (in the sense that you don't run away or that there is a security plan to avoid fraudulent activities on the site)?
how do you track profits and how would they be distributed taking into account management fees?
As already written by other users, a casino without KYC is not compliant, up to what point do you expect to remain without KYC?

More than anything else, isn't it convenient to request a loan from a "classic" credit institution since probably if the site is profitable it will certainly allow you to repay it?

This is a separate thread because they have an official ann thread which is this and made last November of 2022, Betcrypto.cr Casino - Sportsbook 100% KYC free available worldwide (new update)

I saw that many casinos before offer bankroll investments and that's like one of the best things in the market until a few years ago.

Because those stats that I've seen from other casinos sharing how profitable investing on them are no longer profitable or just a break even. IIRC, there have been members that made a thread about their bankroll investments in different casinos.

investment in casino, it's interesting and some people in this forum like this type of investment. although I very rarely invest in casino projects but I suggest that if you really want to carry out your plan it is better to find a trusted person in this forum to discuss all your plans and goals.
I'm sure you will be given the best solution for your goals and if this is true, I'm interested in seeing the development of your casino business.

oh yes one more thing, free KYC or no KYC gamblers really like this kind of gambling but for investors there must be a little doubt.

Bankroll investments have always been very profitable. That is a great alternative for investors looking for different ways to make their money grow. However, there are two golden rules before applying for such investments:

1) The casino has to have high daily traffic of gamblers, what means there is a constant flux of money, which will proportionate investors' fast profit;

2) The casino has to be highly reputable, so investors won't be so concerned about letting their money idle there for long periods of time.

And even though this is a great concept of investment, it has lost popularity along the years inside crypto gambling industry due to not fulfilling those both requirements. And I fear neither Betcrypto will be able to fulfill them, because it's also a minor unknown casino.

If you want investors, you will have to build your reputation first and wait few years at least, that is enough time to show how legit and serious your business is. Good luck!

OP sounds someworth serious and genuine though but I want to get it straight and clear from OP as to why OP should do a fundraiser when there is  up to $500k spear funds available. With a good service promotion and advertisement, you do not need a fundraiser as that alone would get you what you want in engaging with the services of a good signature campaign manager here who can run a campaign to create awareness.

As you have said about your casino being a KYC free casino, it is enough to attract the traffic you want as it is a borderless casino and VPN friendly. Not doubt about that till we see it running.

Once again welcome onboard. I assume this is your official announcement thread since you have made notice of your casino here, you should upgrade your account to a copper member account so that you could upload graphics from your casino sites for first hand view.

Exactly sir because I totally agree with you that with the money they already have on ground, there is no need why they should be worried over wanting to open up a fundraiser campaign because that on the long run might seem as if they are so desperate and might create some suspicions and doubt in the minds of the players and potential customers.

I would suggest that rather than worry over wanting to open up your bankroll or starting a fundraiser, you should in building your brand without debts and gaining the trust of your already existing customers

This is definitely true. There were lots of casinos who have announced that they are KYC-free after launching just to attract more players who avoid KYC but due to regulations, they still required it later on which put a negative impact on their sites.
It is easy to say that a casino won't require KYC at an early phase but for sure, it will be hard for them to maintain it in the long run.
Also, it seems like they have lots of high-roller investors and it sounds too good to be true to a new casino. I hope their investors would also gain something as they are part of the establishment of the casino.

It's totally fine to take some words of suggestions from the community in terms of financial and any decision that might affect the casino's business. They'll just have to listen and hear them out and it's all up to them if they think those suggestions can be applied to them and if it's actually good.
If they have no other routes than the said one of expanding, they can just choose the slowly but surely method based on what they've said that their casino is profitable as of the moment.

On top of everything, they didn't mention a single benefit that the investors would get by investing in their bankroll. All they have mentioned are the numbers and how their platform is doing or has been doing. Why would an investor be interested in investing if he doesn't see anything coming back to him in return for his money that he has invested?

Also, $500k doesn't sound less for a new casino that is already operational and doesn't require anything else apart from managing the bankroll or running marketing campaigns. If the casino gets big over time, so will the revenues generated, so I don't understand why they need to do this investment thing and also calling it a fundraiser which basically means to raise funds for a cause with no returns to the donators.

Having a free KYC casino was more of a clickbait to investors. Of course this will matter in the early stages but when you're getting into the business deeper, you would be required by the international law considering you're not just catering Costa Rican players.

I doubt anyone would want to "invest" in a new casino. And I am assuming it is KYC free casino because it isn't licensed and regulated? That would put the investor into more risks. And you say you already have high rollers that placed more than $1.5M bets.. how is that possible if you are new casino? And you already have 10k users waiting for the casino to go online, but I thought you said the casino is already only (with high rollers) and it is 100% operational?

Not a good idea to be honest. Why not get a license and start with smaller bankroll?

it is also not advisable to ask potential investors over the net, much better if you will pitch this to your own circle of friends or colleagues that you personally know of. from the tone of the OP, they are confident that they will earn good money from this. so why not get their additional financial requirements to the people around them who are known to be investors?
 i don't think they will get high rollers from this forum to seriously invest on their site using their hundreds of thousands of dollars. the OP is saying they are 100% ready, so why not test the site? they have good amount to start with. don't go big if you can't afford yet.

When it comes to financial decisions then it would really be not good on relying into communities voice and feedbacks on what you should gonna do as a business owner and talking about numbers or money that would be involved. As an owner then of course you do know on what you should gonna do and also you've seen that you are really that doing well considering that you are really that making profits or revenue
which it would really be just understandable that you should continue on what you are doing.Its true that having expansion is always been that recommended specially if you do see
your business is growing which it is really just a normal approach or act that should really be done.

Yes, that's a proof that they're doing well and knowing that it has come from random players. Meaning that those are just like passing-by players and managed to enjoy their casino. And how much more with the combination of all of those regular and loyal players that they have plus the passing-by strangers and customers that they've got. I think that they do have a lot of resouce but I also understand the thought and reason why OP is asking about this. Doing an expansion for better growth of the business really needs to have that balance and secured money for all the potential expenses that will be needed upon it's being done. Overall, if they'll able to capitalize and use what they've got now and do a slow growth and expansion, I think they can manage it because it seems that they're trying to chase the rush based on his explanation.

If you do saw that your site is really that getting that users or revenue and having that $20+ per month net revenue then i would say that it is really that doing well.Making out some compounding profits and making it more big but if you do really want nor like to be fastening up a little bit then adding up 400k more wouldnt really be that a bad idea. If we are an owner then it is really that depending on our own plans on
how to handle up the business.If you do see that it would really be something that gives out benefit into or you do see that it do somewhat fasten up your
profitability and generation of income then go ahead and proceed.

I know that if your website getting some overwhelming users then you have to capitalize what you've got and I think that your capital is manageable as a good start. You're guaranteeing that everything is set with your players but, don't be assured that they'll be there bringing and generating you some profits. Some stats and expectations don't go as what we're thinking to happen. Anyway, manage your resources and from there you'll be able to maximize the usage of it and if you think that you still need to have some budget for marketing, it seems that you've said you've got a lot of players ready for you and that's some enticing thoughts that might get investors attention. At this point, you may try to have an experimental acceptance if you think that increasing your bankroll is really necessary.

It’s really challenging because there’s no way for a casino to operate globally without requiring KYC to its players because that’s the general requirements of Anti Money Laundering policy globally. Even with casino license failed to serve all country yet this casino promised a KYC free that offers their game globally which I really doubt if this is possible.

Other thing that concerns me was the number of players and insane profit from random user because many casino here spends tons of money for marketing yet still failed on their business while this new casino magically make it easy and using it to attract for potential investors to increase their bankroll. The appropriate thing to do was loan on the bank and invest on their bankroll since they have a guaranteed profit and customers waiting for their casino launch. Getting an investment while you are an anonymous will surely scared the shit out of people here due to the high volume of scam scheme happened in the forum.

Investing in the bankroll of a casino was popular years back but it is not popular anymore these days.
You need to build your trust first if you want to make people invest in your casino, nowadays it is not easy to make people trust in a new project.
Frankly speaking I doubt you will get some investors, no offense but your site is not that attractive for gamblers although I have to say congratulate that you have some high rollers already.
I think it is better if you can do it yourself without investors, you can build your own bankroll step by step, no need to in a hurry for advertising and marketing.
You can even do small marketing/advertising through social media for free as long as you know how to do it effectively, it will give good effect but of course you have to improve your site a lot to make it more attractive for gamblers.

Opening bankroll investing is a nice opportunity for others to earn extra income aside from their crypto investments. This also helps the casino to have additional funds for use when players win and withdraw. If they don't have this feature, it's still possible for them to run the casino on their own because they already have $500k in hand.

I think it was huge and as a casino, they have the edge so the capital will not deplete quickly but they can only increase it over time as long as they will be consistent on providing a quality service to their customers. IDK what USP mean but it's superb if they can operate worldwide and they won't ask a KYC. Many gamblers are dreaming of it ever since.

First of all success in your idea, as players we want any project to be competition at ecosystem crypto, no matter what your interests are in your idea to make this a reality, as long as it is legal.

I think he has very good numbers but nothing supports him, only his words, on the other hand this is not the correct board to get investors, if it is to get players and raise the signal that there is a casino that is looking for funds and then get "something" out there.

I do not think that a serious casino, well, it is not that it cannot be done, it is done and it is not bad, but, you (betcrypto) it should send an email to its best players, the VIPs and offer them the possibility of being investors, in the same way the niche of the cirpto-casinos has investors who are out there looking for their case.

So, promoting yourself in this way, my apologies, but it is not elegant, I repeat, for a casino that has its numbers.
I recently remember a crypto poker casino, by the way I see that they advertise it there in the casino that you represents, in short, this small casino, they went through here looking for traffic, or promoting, but it did not ask for a dollar and it is perhaps a healthy way to get investors.

I think that if your casino is really productive, profitable, etc. Investors know it and they will want to invest in you.

Greetings,
P.D:make the announcement when poker is available!

After going through your topic I totally get where you're coming from. Raising funds to increase your bankroll is a smart move, especially if you're anticipating rapid growth. 100% KYC free and opening your online casino for worldwide players is definitely a USP. But, It's crucial to keep in mind, though, that raising money for a gambling site may be a challenging process, and there are a number of legal and regulatory restrictions that you'll need to follow. If you are ready then you should go ahead with your plans.

I would suggest if you have 500k + a marketing budget that you make a go at it as is. If you are that confident in your product, no reason to lose xx% looking for investors. You also don't want to look desperate.

If you need a manager to help with campaigns and help you build a reputation feel free to contact me. https://bitcointalksearch.org/topic/yahoo62278-campaign-management-servicesget-all-your-needs-here-1704638

Having a bigger bankroll would be better but then again IMO it's better to slowly build the bankroll naturally because you still need to improve on your casino's reputation and it should improve at a similar pace as long as you guys can continue to satisfy most of your players.

From how I see it, if the bankroll would be shared then that means your profits would be reduced and it could delay the casino's development since you'll be stuck with a specific profit share. I just think it's more beneficial for the casinos to keep the profits because it'll open more options on what the casino needs to spend on in the future. And if what you said about your casino's monthly profit is true then it'll only take some time until the bankroll grows big enough to the point that the casino wouldn't need the help of investors.

Let me guess, and soon the people who are investing are gonna get a token ~XD.

To be honest, I usually skipped any kind of "casino" who have a token or at least a casino whoa are came from 'ICO/Token' project. I more prefer a casino who are self-funder, I don't know why this is a big part.

I see some casino started from 200,000$ for the bankroll and can survive around 6 month+, but as always to tried monitoring user fund & limited any gambling amount activity to make sure casino can payed.

If you do already have those numbers then just like the rest been saying that starting off with those numbers would be good. Thing here is that you are already generating revenue which is already that shows a positive sign.It doesnt really need up to rush up with making money or profits because this isnt a business that would give out right away but on the time that popularity and recognition
would spread up like wildfire then for sure you would be seeing those numbers on which you hadnt been expecting that it would really be that possible.
$400k would be sufficient and its better not to forget out on setting max bet limits.

I'm going to start about KYC, although you have legalized your casino in costa rica, your servers are in costa rica, that does not mean that your casino cannot be shut down and you are arrested accused of money laundering by many governments, that's because the international money laundering laws are clear, you have no choice, you will have to implement KYC or else in one day you will receive search and seizure order from your casino and consequently arrest warrant against you on charges of money laundering because you don't ask KYC and you do not have a license that allows you to operate in all countries, that is, you are also obliged to have a license from Curacao

about the money you need, I'm talking about the 400,000$, honestly I don't see any reason why you need that money other than:

1 - your casino is already operational and has customers
2 - your casino has $500,000
3 - your casino makes a profit of 28000$

so it's a matter of you continuing to operate that in a few months your casino will have much more than 500,000$ and customers will be able to place big bets, so in my opinion you don't need money from investors, also that kind of movement would not end well

I see no reason why a casino with so much positivity will be seeking to start a fundraiser when they are already making roughly making over $28k and already have  a huge community even without a single ads and that's already a record and rather than getting more funds, I think you should be patient please as the money you have is already so much money and I've read of casinos who started on a very small capital and are already doing well for themset without running into any debt or running any fundraiser and you have to learn from that and try to build your casino from somewhere with hopes of growing and not just expecting to be at the top suddenly because since nothing is guaranteed in the gambling industry, I would advice that you steak to what you have and work on that for now.

Providing an investment opportunity is never a bad idea as long as it is executed well and there are ample details and instructions provided. If I was a potential investor, I would definitely need more details about this, how would it work, why would investors trust you, how much the initial investment, how much is the maximum, and a lot more questions.

Your platform is relatively new doesn't have a reputation yet within the community, so proving that it is a safe and fraud-free investment opportunity will be the biggest challenge that you are going to face IMO.

$500k seems huge enough, I think you should just start small and then gradually increase limits.
IMO those high rollers actually may not really wait for your website since there are a lot more reputable casinos around crypto than yours.

The suggestion is to build a reputation to rival the top ones in crypto. If you have not yet hired a campaign manager, you should find one. Here is a list https://bitcointalksearch.org/topic/overview-of-bitcointalk-signature-anti-spam-campaign-managers-4412712

Yeah but we are not going to ask for KYC ever we are hardcore privacy focus and we believe is just BS to ask for KYC for a crypto casino

Well we think we should rise a bit more of funds because we have some high rollers waiting for the official launch and i don't want to limit their accounts to much

That does not mean. I have even seen a gambling site with KYC that grows too. The ones that started with no KYC requested from customers that even later requested for KYC also continue to grow, but this depends on how excellent the service they are providing their customers are.

According to your explanation, no one is going to believe you, you said already that the site is complete already and some people are already testing or playing on the site which you even make profit from. So why need money again?

This is also not even about gambling, it supposed to be on reputation board.

Thanks we hope next week to do the official announcement of the casino and we are going to offer good promotions like 200% welcome bonus and 100% reload bonus we are just finishing the marketing material

You already having outstanding record and you don't need more to delay. I encourage that you go on to announce official the commencement of the site. Having the number of 500 players with less effort without advertising, why waiting to seek another fund!


You have big players random playing.. If you have average players with $1k and whale player of 1.5M + , you have what expected and ready to launch.

Well keep in mind we made $28k without a single ad or promotion just imagine when we start doing marketing, but yes i agree with you is going to be hard becuase our account is new.

Thaks for the good luck  

it's a good idea but unfortunately you won't be able to get the funds easily especially with a cooperation agreement, the most important thing in this forum is reputation and you are a beginner in the forum of course it will be difficult to make your idea come true, I think you should implement with the funds you have in your bankroll, $28k in revenue is good enough for a decentralized casino with no KYC especially since your site has regular customers. I haven't tested anything on your site, good luck getting you investors  

Well, we are from Costa Rica and we are not required to ask for KYC , if the casino gets ban by the Internet Service Providers in those countries the players can use a VPN we are VPN friendly

We are not going to get any problem from the authorities because our laws don't require us to ask for KYC

Also, nobody can shut us down our servers are in Costa Rica and our domain is from Costa Rica we are 100% legal following Costa Rica gambling laws

Mark my works we are going to get huge fast because no KYC and we are worldwide available

Yes we have a marketing budget and we are also planning to advertise the casino on Bitcointalk.

How is this possible? Non-KYC gambling businesses aren't allowed in many countries. What if your casino get banned by the Internet Service Providers in those countries? What if you have problems with the authorities because you aren't imposing KYC policies?
I doubt that anyone would invest money in your casino, because the risk of the authorities trying to shut down your gambling business cannot be neglected.
"Getting huge fast" just because you are KYC free doesn't seem realistic to me. Do you plan to grow your casino without any marketing budget? Do you plan to advertise on Bitcointalk?

Maybe my advice is to continue what you have started. Even though it seems slow, there is good progress, so if you are still focused, the benefits can also increase.

You have started to have regular customers who can come to your casino to play. And maybe you need to make other promotions to attract more people.

I do not recommend borrowing funds from other people, even if it is a long-term loan because it is risky. I'd rather continue what's working well and keep looking for ways to grow the casino.

Thanks for the suggestions yes right now is just an idea and we know we don't have a reputation on the forum yet.

Yes, i think we can sign a message from our cold storage, and provide proof or last month earnings. 

I suggest that you start off with the $500k that you already have, promote to your large list of 10,000 users and $1.5m high rollers and increase your bankroll from the success of these two remarkable foundations. You are not an established casino and you don't have a reputation here so I wouldn't risk the development of your reputation by asking to raise such a large amount.

If you are still adamant that you want to find a partner/partners, go to the Long-term offers sub-board of the lending board and create a thread with proof of your statements regarding profit and existing bankroll by signing a message from the cold storage wallet of the casino to prove that these assets are in hand. Maybe you will have a better chance of negotiating a deal with someone if they were to be interested.

I would also recommend offering multi-signature control over what people contribute to the casino to ensure that their funds are safe by having joint control. I believe that your odds might be even higher if you employ this strategy.

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

At this moment we have a list of high rollers $1.5M+ and a list of 10K users who are waiting for the site to get out.

The site is 100% ready (we are just finishing some details with the marketing material) and we have about 500 players without a single ad our official announcement.

Last month the site made $28k profit in just pure random players who got to the site and we have regulars customers who spend on average $1k per week.

We want to raise at least $400k, you can go to the site now and create an account and test everything to see the site is 100% operational

Let me know what you think about this idea we have.