Topic: CasinoBitco.in - Raising Bankroll for Football! [IPO] [BTC-TC] [BITFUNDER] - page 3. (Read 3896 times)

Hello. How much BTC are you trying to raise with this IPO and what % of casinobitco will shareholders own?

How much are you looking to raise? IPO share price?

One addition, our max bets right now are 2 BTC in the sportsbook and .25 BTC in the casino.

This potential IPO is to help us raise those max bet limits so that we can compete with some of the other more established sites by the time the NFL season rolls around. We feel that having a sportsbook and casino in one is a competitive edge over our competition. And trust me : once we get Baccarat ready for Live betting, gamblers will be begging us for higher limits.

These forecasts are based off the ability to pay a up to a live 10% annual dividend. This seems to be pretty standard for a fast growing, new issue on btc exchanges from our research. The "blue chip" target, set by assets like Ukyo-Loan, is an 18% annual dividend, and we will re-evaluate our valuation closer to that number over time, as we become more established and growth slows.

Funding will be mostly used to increase our bankroll, so we can safely accept higher max bets without risk of ruin, and risking player payouts. This plan would enable us to be at most 1% exposed with a 10 btc max bet per event. Some capital will also go towards marketing and minor contractor expenses.

How are you predicting future stock prices?  What will your funding be used for?

We have a solid track record so far we hope to expand upon - but unfortunately, not that much capital. It's the missing piece in the venture at this point. There's always the option of raising debt, which we will also consider.


As for what response we are looking for:

-Preference for where to potentially list

-Other recommendations for raising funds

-Feedback/input on our site and offerings

-Any other questions from an investor's prospective!

What are the justifications for raising more capital?

FYI - I endorse this message, casinobitcoin is running with the Financial / Marketing aspects of the site as I focus on Strategy and Development Activities.

Hope to hear from you guys on our best options to raise capital!

Hi all, CasinoBitco.in here!

Thanks to all who have visited our site, and for all the helpful suggestions and insight.

We’ve experienced almost 85% month-over-month growth in traffic and earnings, and have just raised our betting limits. However, with football season fast approaching, we’re now considering additional investments to enable a higher limit on sports (likely 10 btc) and casino bets, expand marketing efforts, and keep cash on hand for legal expenses as they arise.  

We’re considering BitFunder, BTC-TC, and other options, and would like the input of the community as to this move, and whether we might help fill the void recently left by the departure of a large dice site. A full prospectus and financial projections have been prepared to support any such listing.

With servers based in Ireland, we have an HTML5 casino, no debt, proprietary technology, minimal overhead, and are in the works for many new games and offerings over the coming weeks we believe our players will appreciate, including an affiliate program, HTML5 baccarat (huge in the Asian market!), parlays, and our NFL suicide pool (almost ready!). We’re currently experiencing over 3,000 unique visitors a week, with quickly increasing player balances & roughly 30 btc in earnings over the past month.

Thanks in advance for your comments!

Chart 1 - Earnings Projections without IPO)


Chart 2 - Earnings Projections with IPO)