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Topic: can i start a btc dice site with 30btc? - page 6. (Read 4426 times)

legendary
Activity: 1163
Merit: 1005
It's more than enough to build some great dice site. The only matter is finding someone that able to handle the site operation and having a great trust so either site owner and developer will not scam on the future
hero member
Activity: 658
Merit: 500
Yeah, this amount is reasonable to get started with dice site but script must be unique to attract big rollers, UI is very important for any dice site so try to keep it simple and with some advertisement and promotion you can make it successful.
legendary
Activity: 1092
Merit: 1000
yes, this money enough to create your Dice site. 30BTC is ok to create a site but to maintaining the site and promoting your site you need some extra coins, i think. Yes, suppose it failed means you need some coins to run this site. Off course edge, house profit is high here, but some bad luck comes it fails this coins will not be enough. So according to me it increases to 50BTC then you can quickly run Dice site.
hero member
Activity: 742
Merit: 500
I think that this amount is more than enough to start your casino or btc dice site easily, of course you need to consume a part of this amount in advertising and promote your website and that's need some budget as known
legendary
Activity: 1036
Merit: 1000
That amount is enough for starting a casino site, I do not have experience in starting a casino site, but I am a web designer and i have started a lot of sites including forums like this one etc, I will suggest you to start another category as I think in casino sites the members you get will be lesser.

Seeing a lot of posts like this. If people would stop trying to pad their posts for sig campaign payouts that would be wonderful.

Attempting to start a dice site with 30 BTC will result in a failed business which = waste of your time and loss of capital. It is not nearly enough to launch a site that will succeed. Assuming you spend just 10 BTC on development+marketing that leaves you with a 20 BTC bankroll. The type of bets you receive with a bankroll like that, are dust bets. Assuming variance doesn't give you a bad bounce, you still wouldn't make enough to cover hosting on a monthly basis.

The part I bolded in someone else's response above is all you need to know. Its easy for people that don't know what they are talking about and have none of their own capital at risk to tell you that you should risk your capital doing something.
newbie
Activity: 27
Merit: 0
I think its enough to start your own gambling for me  its a huge money to start a small gambling casino.
legendary
Activity: 1960
Merit: 1026
I think it is not enough for a dice site only has a capital 30btc. maybe if someone bet a large amount, you will go bankrupt in a heartbeat.

it is better to invest in the casino, and maybe 30btc can get results fairly high.
hero member
Activity: 700
Merit: 500
It is decent and reasonable amount to start dice site.All you need is heavy marketing with promotion.Keep some contest and you will see rush of people.You can set the maximum winning limit according to your bankroll.Not every site came out with huge bankroll many just increased their bankroll step by step once they were making profit.You can use same strategy by not taking out money and reinvesting and recapitalizing.
sr. member
Activity: 734
Merit: 250
That amount is enough for starting a casino site, I do not have experience in starting a casino site, but I am a web designer and i have started a lot of sites including forums like this one etc, I will suggest you to start another category as I think in casino sites the members you get will be lesser.
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
You don't even need that much, that's plenty. You can always use moneypot if you worried they fair and take a small cut but it's worth it since they handle everything and you won't have to even worry about it. So I would suggest doing that as opposed to using your own funds. Then maybe later you can use your own funds to increase profit and use that profit to advertise.
sr. member
Activity: 1316
Merit: 254
United Crowd
make new gambling site with 30BTC ?
i think its better if you use your btc for invest to gambling site.

but if you want to make new site i think you need have good team for that.
hero member
Activity: 994
Merit: 1000
PUGG.io
I think 30 bitcoin is less for initiation of a dice site. I also have plans of starting some gambling site but due to lack of funds I can't open it so soon. As far as I have researched, my knowledge says you will need somewhat around 80 bitcoins(at least).
sr. member
Activity: 321
Merit: 250
You would have to make sure you understand provably fair first.
Dude stay off my thread. You already stole my account with referrals. Its people like u that make me wanna start up my site soon.

Well...he's not wrong.  The pinnacle of these dice sites is the ability to prove your rolls aren't "rigged."  How would you go about proving it on your own site if you think his is incompetent?
legendary
Activity: 1036
Merit: 1000
A completely custom site will cost at bare minimum 10-20 BTC. Thats only ~7-14k USD.

Funny you are calling someone out for not knowing what they are talking about, when you don't as well.

30 BTC is not enough to start a gambling business if you are providing your own software/hosting/bankroll.
I'm specifically talking about the "script",its common sense if you're budget is as low as 30 bitcoins why would you needa  custom script with everything written from scratch ? You can easily buy pre written scripts as cheap as 2 bitcoins.Everything else is not my point of interest.What I do know is,you don't need 10-20 bitcoins to hire a programmer to write a script if you're low on a budget.That would be a stupid thing to do.

You can also buy a Freelancer.com clone, an AirBnB clone etc.. Doesn't mean its worth the money. And honestly, if you are trying to self-bankroll your own casino but cannot afford $10k on software... You shouldn't be operating a casino.

Again the max win isn't nearly big enough, martingale players (which is a very large portion of BTC gamblers) would not play there because their runs would be capped out (i.e. they can only double down to "x" amount). A few months ago we (MoneyPot) had a few complaints about this, and not from whales but from mid sized players. And that was with a bankroll of ~400BTC.




a few month ago, i thought the bankroll of moneypot already have reached 600btc or even 800btc. Or are you referring to the period when moneypot is just being bought over? Otherwise i keep feeling that the bankroll of moneypot is actually quite huge.

MoneyPot hit 600/800 range like a month - month and a half ago I believe. We were operating under 500 BTC bankroll for the first few months.
legendary
Activity: 1386
Merit: 1016
A completely custom site will cost at bare minimum 10-20 BTC. Thats only ~7-14k USD.

Funny you are calling someone out for not knowing what they are talking about, when you don't as well.

30 BTC is not enough to start a gambling business if you are providing your own software/hosting/bankroll.
I'm specifically talking about the "script",its common sense if you're budget is as low as 30 bitcoins why would you needa  custom script with everything written from scratch ? You can easily buy pre written scripts as cheap as 2 bitcoins.Everything else is not my point of interest.What I do know is,you don't need 10-20 bitcoins to hire a programmer to write a script if you're low on a budget.That would be a stupid thing to do.

You can also buy a Freelancer.com clone, an AirBnB clone etc.. Doesn't mean its worth the money. And honestly, if you are trying to self-bankroll your own casino but cannot afford $10k on software... You shouldn't be operating a casino.

Again the max win isn't nearly big enough, martingale players (which is a very large portion of BTC gamblers) would not play there because their runs would be capped out (i.e. they can only double down to "x" amount). A few months ago we (MoneyPot) had a few complaints about this, and not from whales but from mid sized players. And that was with a bankroll of ~400BTC.




a few month ago, i thought the bankroll of moneypot already have reached 600btc or even 800btc. Or are you referring to the period when moneypot is just being bought over? Otherwise i keep feeling that the bankroll of moneypot is actually quite huge.
legendary
Activity: 1190
Merit: 1002
It is upto you that how much you wanted to invest, as some one told if you are purchasing the ready script that will cost you less , so that balance you can put in investment and some btc you can use for advertisement like signature campaign in this forum. IF your site gets famous you will start getting investors.
sr. member
Activity: 1050
Merit: 252
i think 30 btc would be enough to start a dice site but to make it sure you should ask for an advise to those who have already run a dice site but i don't know if it can be possible . because i know it has an additional expenses .
legendary
Activity: 1036
Merit: 1000
A completely custom site will cost at bare minimum 10-20 BTC. Thats only ~7-14k USD.

Funny you are calling someone out for not knowing what they are talking about, when you don't as well.

30 BTC is not enough to start a gambling business if you are providing your own software/hosting/bankroll.
I'm specifically talking about the "script",its common sense if you're budget is as low as 30 bitcoins why would you needa  custom script with everything written from scratch ? You can easily buy pre written scripts as cheap as 2 bitcoins.Everything else is not my point of interest.What I do know is,you don't need 10-20 bitcoins to hire a programmer to write a script if you're low on a budget.That would be a stupid thing to do.

You can also buy a Freelancer.com clone, an AirBnB clone etc.. Doesn't mean its worth the money. And honestly, if you are trying to self-bankroll your own casino but cannot afford $10k on software... You shouldn't be operating a casino.

Again the max win isn't nearly big enough, martingale players (which is a very large portion of BTC gamblers) would not play there because their runs would be capped out (i.e. they can only double down to "x" amount). A few months ago we (MoneyPot) had a few complaints about this, and not from whales but from mid sized players. And that was with a bankroll of ~400BTC.


hero member
Activity: 2128
Merit: 520
You would have to make sure you understand provably fair first.
Dude stay off my thread. You already stole my account with referrals. Its people like u that make me wanna start up my site soon.
well mate if you really planning to start just because of personal experience that might rush you up but studying the game and the business will
help you understand, the amount of your btc can be possible to start a small dice site just make small project and start and it will allowed you
to learn and keep learning, good luck buddy share the site here so we can help you up if ever.
sr. member
Activity: 621
Merit: 252
You would have to make sure you understand provably fair first.
Dude stay off my thread. You already stole my account with referrals. Its people like u that make me wanna start up my site soon.
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