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Topic: can i start a btc dice site with 30btc? - page 4. (Read 4426 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 11, 2016, 08:44:11 AM
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls

wow 30 btc? its more than enough to play dice i think, but for new site, i don't know. i think you can start with site that recommended by member on here and i think you can reduce your bet, don't use all 30 btc by the same time, and if you lose, you will not lose all 30 btc, besid e that you can keep the rest if you want to play in other site.
klf
legendary
Activity: 1344
Merit: 1000
September 11, 2016, 08:31:47 AM
Yes you can start it but i think you should limit max bet
I think new dice sites won't be able compete with old and trusted sites, there's no point starting a new dice site if you don't have something unique in your site. also if you limit the max win/bet below 1 btc folks might not even play.

New sites also can compete with old sites, but they need to spend a lot of money on promotions and marketing until people trust a site. For that, I don't think 30 BTC is a good amount to start because he may need more than half of his money just to develop a site and for marketing so left very less amount for bankroll. It is very risky for site owners to run with small bankroll.
hero member
Activity: 1764
Merit: 505
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September 11, 2016, 08:21:35 AM
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls
Yes Bro You Can Start A Bitcoin Dice Website But For Make You Site Popular You Need Very Effective Ways Of Promotion, But If I Have 30 Btc Then I Don't Open a Gambling Website I Put My Money Into Another Project Like I Made An App.....
Well it his decision to make a gambling site but i guess 30 btc wouldnt be enough because those amount would be  only enough for the dice script. hence, there are lot needed also  to make a website and even on how you promote it would  cost you some money for sure. 30 btc is not  enough. Same as you said  if i had that money i wouldnt build  a gambling site rather i would invest it onto trading.

30 btc is little bit enough but he got get those cheap dice script and i think those site using it for now is already down or shall we say didn't got good response, so its much better for him to have a lot of budget to upgrade more things and to have more apealing site to the public and thats why he must add some money unto it so he can get a good site with good security so people could trust to play at his site.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
September 11, 2016, 08:14:36 AM
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls
Yes Bro You Can Start A Bitcoin Dice Website But For Make You Site Popular You Need Very Effective Ways Of Promotion, But If I Have 30 Btc Then I Don't Open a Gambling Website I Put My Money Into Another Project Like I Made An App.....
Well it his decision to make a gambling site but i guess 30 btc wouldnt be enough because those amount would be  only enough for the dice script. hence, there are lot needed also  to make a website and even on how you promote it would  cost you some money for sure. 30 btc is not  enough. Same as you said  if i had that money i wouldnt build  a gambling site rather i would invest it onto trading.
legendary
Activity: 1400
Merit: 1009
September 11, 2016, 08:06:38 AM
Yes you can start it but i think you should limit max bet
I think new dice sites won't be able compete with old and trusted sites, there's no point starting a new dice site if you don't have something unique in your site. also if you limit the max win/bet below 1 btc folks might not even play.
member
Activity: 118
Merit: 10
September 11, 2016, 07:34:32 AM
Yes you can start it but i think you should limit max bet
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
September 11, 2016, 05:09:08 AM
I guess it sufficient funds to run the site in the site dice dice because no one can win playing dice game, i mean overall their statistic will lose.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
September 11, 2016, 12:10:27 AM
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls
in my opinion the amount of btc that you have hold for dice gambling site is less . but i will suggest you should start a faucet site instead of gambling because there are many number of sites which provide the fascility of gambling but there are very less site which provide a better way to collect btc through faucet . in faucet site you will need small amount of btc .i think you can start your work with 4-5 btc only .

Both of thee types of sites have a lot of competition, in my opinion, 30 BTC is a great capital, but OP has to have a good idea of what he wants to do before he can start his business. What will make his site unique?

that is a very good point about knowing what to do before starting but you can always take partners.

we can never know everything that is why working in a group is always better, you use other people's skills and also brainstorm about the future, growing your business and also the problems that you face in the future.
sr. member
Activity: 322
Merit: 250
September 10, 2016, 11:50:28 PM
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls
Yes Bro You Can Start A Bitcoin Dice Website But For Make You Site Popular You Need Very Effective Ways Of Promotion, But If I Have 30 Btc Then I Don't Open a Gambling Website I Put My Money Into Another Project Like I Made An App.....
legendary
Activity: 1064
Merit: 1000
September 10, 2016, 11:14:39 PM
#99
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls
in my opinion the amount of btc that you have hold for dice gambling site is less . but i will suggest you should start a faucet site instead of gambling because there are many number of sites which provide the fascility of gambling but there are very less site which provide a better way to collect btc through faucet . in faucet site you will need small amount of btc .i think you can start your work with 4-5 btc only .

Both of thee types of sites have a lot of competition, in my opinion, 30 BTC is a great capital, but OP has to have a good idea of what he wants to do before he can start his business. What will make his site unique?
sr. member
Activity: 336
Merit: 250
September 10, 2016, 11:06:22 PM
#98
That amount can start you a dice site and many other things on the side if you like.
That is a huge amount of capital to just be putting into a dice site. Cheesy
hero member
Activity: 1302
Merit: 540
September 10, 2016, 11:04:50 PM
#97
I think you can start with 30 BTC, although it is a simple site. but you also have to create a design that is very comfortable to look at, so many people who come to your site to sign up and play. besides the most important is to create a promo that candidates interested players to play on the Website. well, all just depends on how you set up 30 BTC was a good gambling site
yes mate 30 btc can start a decent small one but you need to consider to buy a good script and be very creative regarding to a design
as of that capital you need to limit your betting system place maximum bet to a lower bet and make good promotion, good luck mate.
hero member
Activity: 1204
Merit: 500
September 10, 2016, 10:25:46 PM
#96
I think you can start with 30 BTC, although it is a simple site. but you also have to create a design that is very comfortable to look at, so many people who come to your site to sign up and play. besides the most important is to create a promo that candidates interested players to play on the Website. well, all just depends on how you set up 30 BTC was a good gambling site
hero member
Activity: 756
Merit: 501
September 10, 2016, 09:22:43 PM
#95
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls
in my opinion the amount of btc that you have hold for dice gambling site is less . but i will suggest you should start a faucet site instead of gambling because there are many number of sites which provide the fascility of gambling but there are very less site which provide a better way to collect btc through faucet . in faucet site you will need small amount of btc .i think you can start your work with 4-5 btc only .
Why would he invest 4-5btc into a faucet if he can make it for less then 1 btc i do believe you are talking about a big faucet costs, faucet arent a waste of time, but the return will come slowly, with a casino or dice project he can get faster and much more then from faucets, where you will need to balance income with outcome and in the meanwhile make your costumers happy.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
September 10, 2016, 08:46:04 PM
#94
I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls
in my opinion the amount of btc that you have hold for dice gambling site is less . but i will suggest you should start a faucet site instead of gambling because there are many number of sites which provide the fascility of gambling but there are very less site which provide a better way to collect btc through faucet . in faucet site you will need small amount of btc .i think you can start your work with 4-5 btc only .
hero member
Activity: 910
Merit: 1000
September 10, 2016, 08:34:16 PM
#93
Really you people saying start a dice site with 30 btc isnt enought? What you need soo 1000btc to start such project? He will spend maybe 1-2 btc into the script, then he has a 25 btc as bankroll, knowing the house will keep atleast 1% of the all bets it will be enought to run such, if op wanna to have more trust he can open the bankroll for investors.

Who will spend money on the site promotion and marketing? Also, you need to have a good team to maintain your site always up without having any issues means site maintenance cost. Just by building the site you can't star making money from it. Also, few big players start playing and if they win few coins each then you bankroll will reduce much and also you might have heard people own larger than 25 BTC in dice games.
legendary
Activity: 1456
Merit: 1005
September 10, 2016, 07:45:43 PM
#92
I think so 30btc is nice amount to get started for new dice site, mostly it depends on maximum profit and what the bankroll you will be offering there, so if you have interesting script for dice game than it would nice to run this business and surely you will catch attention from players with unique script.
Right, and what I have seen from my personal experience that hardly even 5 bets are made that claim the maximum bet amounts so why worry about that ? Most of the gamblers are small and will bet with 0.01 or 0.1 so I will always focus more on building the site with more features and spending an extra bitcoins for just features.


I do agree that most of the gamblers are playing with a small amount but just imagine if any one big player come in means and site owner may lose all his money so it is better to increase bankroll before starting a dice site. In this $30 BTC he needs to spend money for site development, maintenance and marketing mean he may need at least 10BTC for it and left with only around 20 BTC, and that is too small according to me.
legendary
Activity: 3304
Merit: 3037
BTC price road to $80k
September 10, 2016, 06:17:10 PM
#91
I think 30 btc is a large amount of bitcoin to start a dice game or business better to try a small amount to start your own dice site and monitor it.. if you can afford to just increase the amount if your players are increase.
correctly . with 30 BTC we could do various things. including building a website dice.
The most important is that we can build a website we become a trusted website dices.
it can give users the confidence to play at our website.
If you have no knowledge of building your own site better to hire one that can do .php or other languages hat can protect your databa of your site..
For your first time better to always online so that if someone are manually withdraw you can review it fast and process his withdraw.. you should et it for manual withdraw so that you are far in hackers..  to drain your wallet..
legendary
Activity: 2842
Merit: 1152
September 10, 2016, 03:53:16 PM
#90
I think so 30btc is nice amount to get started for new dice site, mostly it depends on maximum profit and what the bankroll you will be offering there, so if you have interesting script for dice game than it would nice to run this business and surely you will catch attention from players with unique script.
Right, and what I have seen from my personal experience that hardly even 5 bets are made that claim the maximum bet amounts so why worry about that ? Most of the gamblers are small and will bet with 0.01 or 0.1 so I will always focus more on building the site with more features and spending an extra bitcoins for just features.
legendary
Activity: 1232
Merit: 1029
September 10, 2016, 03:51:59 PM
#89
I remember the biggest dice site primedice started with hundreds of btc, and it includes the bankroll of private investors. So 30 btc is not a big amount if you want to build a big site
That does not matter because you can build the number 1 site by just starting with even 10 bitcoins, by limiting maximum bet amount and hence increasing the maximum bet with time and as the site grows. The important thing is that you must have a fluent site and I believe you can that done within 2 to 5 bitcoins.
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