Topic: Crypto casino without investment (Read 458 times)
Is this related to the website on your signature? I tried to visit the website but was blocked by a sign-up prompt that was impossible to close. Is it still under construction? A quick visit makes me think your design is not appealing at least, so that's one place where you need to fix it if you want to improve it. Not sure how much money you can spend on your project, but hoping to start with $0 payout money is unrealistic, as mentioned multiple times above. IMO, you should consider building a service like Poorbot does, or maybe look for other niches if you don't have the money to make it big.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
I think it is not possible to open a crypto casino platform without any investment. Even if you don't include the domain and hosting costs, I understand that opening a crypto casino definitely requires investment. We see many casino platforms dying for lack of promotion. A crypto casino platform is most popular among people for good promotion and to promote you must invest and spend a lot of money to popularize the promotion. All the casino platforms we consider popular and all the casino platforms we use took a long time and a lot of money to become popular. So far no project or casino platform has been successful without giving money, money is definitely needed to be successful. 
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
You also need payout costs, the worst thing is players think that you are a small and struggling casino, when setting up a betting or investment platform you must show and make the players feel that you are properly funded if they doubt that you are not players will leave your platform.
So instant withdrawals and not withholding a huge winning if the winners pass all the requirements are very important, withholding winning because of lack of funds could become the end of your platform.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
As I understand it, you want to profit from a field without making a financial investment. What is strange is that you targeted one of the most financially costly industries. This does not seem rational at all and is almost an “impossible condition” except within the limits of imagination, where you can imagine how to make money and accumulate wealth without bothering to think about any cost, since you are not even aware of it.
Even in the most extreme cases, if you succeed in getting a software developer to prepare a casino program for you for free, and perhaps also donors to provide you with enough reserves for the house, the cost of advertising may exceed all your imaginations, and perhaps if you had that budget you would not have thought about the casino’s profits at all.
This is one of the funniest hypotheses I have ever read on this forum.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Well, I mean technically you could try to set up some kind of deal to avoid putting your own money upfront into payouts. Maybe see if you could partner with a real crypto casino so they handle all that end of things while you provide a little faucet attraction on your own small site to direct people their way. You would get a slice of the referrals. But getting the big players to give you the time of day when you are just starting out would be tough sledding for sure.
Point is, you gotta put something into any kind of casino operation, even if it is not cash. Sweat and hustle if nothing else and takes work to get people to know and trust you exist. Aint no free rides in this world.
Castles in the air seems all this to me. Nobody is going to give you leeway so that you become stronger, money and investment is absolutely required, not only to setup a system and pay for all the services, but also for the one fundamental thing required: growth. It is nearly impossible to gain market share on such a saturated market unless you do a lot of marketing.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Basing up on previous or earlier reply on which i have seen which is viable.1. PvP games- getting some % deduction on each game but what would be a pvp game type that you would be offering? Just make it sure
that it would really be something interesting and unique because if we've seen currently in the market on which there are already some pvp games
but honestly they arent that getting that much attention or demand. So this would really be that difficult.
2. Faucet like freebitco.in?
If you arent that aware on what happened on Freebitco then better check it out.
Faucet sites would really be that profitable if your site does have tons of ads or banners
if there's no adsense then it would be pointless.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
I'm confused. What do you want to "open"? A crypto casino or a faucet? Faucets are dead and there's no point creating a faucet.How do you plan to gather active and paying gamblers, if you don't want to spend any money on advertising?
Do you plan to get the casino template for free? I think that free casino template kinda suck. They are totally generic and your casino will look like 1000 other casinos. Standing out from the crowd is the biggest goal in the casino business(and every other business).
If you really want to create and run a business properly, a big initial investment is a must. Trying to do everything without investing money will lead to subpar results(or no results at all).
In terms of advertisement, our forum is an example to advertise freely. We also have social media sites. Many casinos now looks identical to each other, so this is not a big deal. It only boils down to the contents inside it, the fairness, and the quality of service that we will get towards them. Once he had the money (enough of it) maybe he will still use it to improve his casino more but that is a must.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
For you to make money you need money and casinos are one of the costliest platforms to set up, script, and platform cost is not cheap, yes you can find pirated software that you'll get for free but what will you get from a platform full of bugs and a possibility of getting hacked.
I have not stumbled upon a casino operator who claimed that he set up a casino without investment. marketing alone will cost you a lot.
The casino is not something you build and players will just come you have to show them what you've got as players' attention is very important and marketing is not cheap.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Maybe you will have to come out a bit clearer for us to better understand what you mean, for personally, I do not understand how possible it is to open or launch a casino without investing a dime aside from obtaining a domain and hosting it.I think it's very important you understand that aside domain and hosting, there is still alot to be spent on, and one of those is the fact that you have to reserve a really nice amount of money for settle winnings just incase you are not so lucky at the very beginning.
And secondly, do not forget the place of marketing and promotions and how important this is to the casino or faucet's visibility.
Like I will always say, this days, marketing and promotions seems to cost way more than it cost to launch a casino.
So, there is definitely no way you can launch a casino or Faucet without investment, though I might not be completely right with my answer though, since like I said earlier, I don't completely understand the type of investment you are talking about.
Maybe he just think that there's easy way to launch a service what casino could offer without costing him a lot of money. So for sure he realize that its really not easy as he think that there's a way that he can earn without spending anything for launching a casino.
Everything has a cost as the owner need to consider that he need to payout those people he win and also in order to convince people to gamble on the casino he built he also need to offer them something so that they can gather people to gamble on his casino. If he can't offer or spend any amount for the launch of his casino then expect that all he plans will just failed then people will think about that he's here to scam because the owner is not willing to spend some amount to create something good platform for their players.
As an option, the topic starter is unfamiliar with gambling sites, so he can't calculate the budget!
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
No. How are you going to cover the costs? Everything costs money. Or a lot of time. And honestly, I think it is better to pay with money than it is with time.
He basically wants to win the lottery, but instead of buying tickets by setting up a casino, at no cost to him. I hope that with the answers he will give up and in any case spend a couple of quid on a lottery ticket to see if he can win.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Maybe you will have to come out a bit clearer for us to better understand what you mean, for personally, I do not understand how possible it is to open or launch a casino without investing a dime aside from obtaining a domain and hosting it.I think it's very important you understand that aside domain and hosting, there is still alot to be spent on, and one of those is the fact that you have to reserve a really nice amount of money for settle winnings just incase you are not so lucky at the very beginning.
And secondly, do not forget the place of marketing and promotions and how important this is to the casino or faucet's visibility.
Like I will always say, this days, marketing and promotions seems to cost way more than it cost to launch a casino.
So, there is definitely no way you can launch a casino or Faucet without investment, though I might not be completely right with my answer though, since like I said earlier, I don't completely understand the type of investment you are talking about.
Maybe he just think that there's easy way to launch a service what casino could offer without costing him a lot of money. So for sure he realize that its really not easy as he think that there's a way that he can earn without spending anything for launching a casino.
Everything has a cost as the owner need to consider that he need to payout those people he win and also in order to convince people to gamble on the casino he built he also need to offer them something so that they can gather people to gamble on his casino. If he can't offer or spend any amount for the launch of his casino then expect that all he plans will just failed then people will think about that he's here to scam because the owner is not willing to spend some amount to create something good platform for their players.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs.
It's possible but payout should be transparent to your customers if you want to attract a lot of them. Because that's one thing that most gamblers want to get assured of before they even sign up on your casino. A matter of proof on how to trust a casino is on how capable they are to do payouts without having any problems at all. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
There are many that you can do as well without having a lot of capital to start with. But you should determine on where you are good at and what you really want to start. Because it's not always about the investment or capital that you can use. However, obviously you need money for you to purchase all of those stuff that includes licenses, codes/software licenses, etc. And if you think that you're able to establish your faucet, you can take the path on how other casinos did to themselves as they've gained a lot of user. You can always expand however you want as long as you've got it all on your roadmap. 
You're pretty much want to create scam sites if you don't have any bankroll, if your sites have been successfully created, don't forget to mention in this forum, so it will make people to not get scammed by playing in your sites.
You can also create a fake lottery without need to run website, just ask people to choose number from 1-100, pay x for one entry and then you can use this site https://www.random.org/, use other account to make an entry, after the entry filled up, make sure you spin till the number you pick.
You can also create a fake lottery without need to run website, just ask people to choose number from 1-100, pay x for one entry and then you can use this site https://www.random.org/, use other account to make an entry, after the entry filled up, make sure you spin till the number you pick.
What you are going to use the money invested there is the question. If you are willing to use the money you already have to open the payout wallets, then you dont need investments, if you are lacking there then you do need it.
Because you dont want the scenario of not being able to pay out big winners happen on your site at all. That immediately raises red flags in the gambling community.
Faucets also have a wallet running to pay out the users, if you cant pay, you will not get traffic.
Because you dont want the scenario of not being able to pay out big winners happen on your site at all. That immediately raises red flags in the gambling community.
Faucets also have a wallet running to pay out the users, if you cant pay, you will not get traffic.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
I'm confused. What do you want to "open"? A crypto casino or a faucet? Faucets are dead and there's no point creating a faucet.
How do you plan to gather active and paying gamblers, if you don't want to spend any money on advertising?
Do you plan to get the casino template for free? I think that free casino template kinda suck. They are totally generic and your casino will look like 1000 other casinos. Standing out from the crowd is the biggest goal in the casino business(and every other business).
If you really want to create and run a business properly, a big initial investment is a must. Trying to do everything without investing money will lead to subpar results(or no results at all).
Even running a faucet need some sort of funds to maintain the site. What more of a casino, as you need bankroll on this business. Otherwise, you will be running a fly-by-night casino and you won't sustain the business. It means, you are just probably wasting your resources to begin with. Better use your small funds in other ventures, which you think will only need small amount of money to operate with.
Some people just think that they can achieve something good like to start a business without much money and turn it to a multimillionaire business. This is possible but not with common businesses. Casinos and faucets are common businesses and there are many sites like them that are well marketed and needed better competitors and not what are inferior to it. If someone start these kind of businesses or almost all kind of businesses nowadays, the person really needs to spend money on a lot of things. There are money to run servers, money to pay many workers because you will need workers. Also money is needed for marketing. There are still some money which we have not even mentioned that would be needed for the existence and progress of the site. 
If there is something that you don't need to be a casino expert to know that it is not possible to do in this Crypto casino market, it is running a Crypto casino without investing money. In my opinion, to run any Crypto casino you need the person to have a lot of money, this is because the person will need to buy the software, the person will need to hire employees such as a coder, a marketing manager, someone who understands about laws to help with license I heard somewhere that gambling licenses pay and they are not very low costs, you also have to have a considerable bankroll, because there are players who play with considerable amounts, sometimes there are lucky people who play with little money and manage to win a lot of money and you will have to pay them. a casino or faucet is something you must have money to run. and it seems to me that the faucet business is not profitable
Even running a faucet need some sort of funds to maintain the site. What more of a casino, as you need bankroll on this business. Otherwise, you will be running a fly-by-night casino and you won't sustain the business. It means, you are just probably wasting your resources to begin with. Better use your small funds in other ventures, which you think will only need small amount of money to operate with.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Maybe you will have to come out a bit clearer for us to better understand what you mean, for personally, I do not understand how possible it is to open or launch a casino without investing a dime aside from obtaining a domain and hosting it.I think it's very important you understand that aside domain and hosting, there is still alot to be spent on, and one of those is the fact that you have to reserve a really nice amount of money for settle winnings just incase you are not so lucky at the very beginning.
And secondly, do not forget the place of marketing and promotions and how important this is to the casino or faucet's visibility.
Like I will always say, this days, marketing and promotions seems to cost way more than it cost to launch a casino.
So, there is definitely no way you can launch a casino or Faucet without investment, though I might not be completely right with my answer though, since like I said earlier, I don't completely understand the type of investment you are talking about.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
No. How are you going to cover the costs? Everything costs money. Or a lot of time. And honestly, I think it is better to pay with money than it is with time.
If there is something that you don't need to be a casino expert to know that it is not possible to do in this Crypto casino market, it is running a Crypto casino without investing money. In my opinion, to run any Crypto casino you need the person to have a lot of money, this is because the person will need to buy the software, the person will need to hire employees such as a coder, a marketing manager, someone who understands about laws to help with license I heard somewhere that gambling licenses pay and they are not very low costs, you also have to have a considerable bankroll, because there are players who play with considerable amounts, sometimes there are lucky people who play with little money and manage to win a lot of money and you will have to pay them. a casino or faucet is something you must have money to run. and it seems to me that the faucet business is not profitable
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Well, I mean technically you could try to set up some kind of deal to avoid putting your own money upfront into payouts. Maybe see if you could partner with a real crypto casino so they handle all that end of things while you provide a little faucet attraction on your own small site to direct people their way. You would get a slice of the referrals. But getting the big players to give you the time of day when you are just starting out would be tough sledding for sure.
Point is, you gotta put something into any kind of casino operation, even if it is not cash. Sweat and hustle if nothing else and takes work to get people to know and trust you exist. Aint no free rides in this world.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Well, I mean technically you could try to set up some kind of deal to avoid putting your own money upfront into payouts. Maybe see if you could partner with a real crypto casino so they handle all that end of things while you provide a little faucet attraction on your own small site to direct people their way. You would get a slice of the referrals. But getting the big players to give you the time of day when you are just starting out would be tough sledding for sure.
Point is, you gotta put something into any kind of casino operation, even if it is not cash. Sweat and hustle if nothing else and takes work to get people to know and trust you exist. Aint no free rides in this world.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
If you are a web developer and you are able to design website and games, then your only cost will be domain and hosting (server) expanses. Bustabit, Bustadice and l0tt0.com are examples of such websites, especially l0tt0.com because it doesn't own a crypto license. I think that the faucet business is dead, you can't give away a good amount of Bitcoin and also your only customers will be spammers and bots.You'll need lots of money for marketing, otherwise, you can't survive. Keep in mind that your competitors are websites that have been here since 2012, and have gained trust and a huge user base. Can you beat them without a significant investment?
This was definitely possible in the past when the competition was on the lower side, but it's pretty much impossible now thanks to increased competition. Even p2p sites require a decent investment.
You really need to rethink your priorities if you want to seriously operate a crypto casino op. Do your research.
You really need to rethink your priorities if you want to seriously operate a crypto casino op. Do your research.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Casino need atleast million dollars to start, learned this from SirJohnVonSlotty thread.
Quote
Q: How much money do you need to open a Crypto or Fiat online casino?
The minimum recommended amount for an experienced team starting an online venture would be in-between 3.8 Mil and 5 Mil, all depending on the team and their salaries. Most new casino operations get profitable anywhere between 14 to 18 months, so you would need enough money to survive that period. However, that's for people who have previous experience with managing a casino operation and are bringing in a lot of contacts from the industry already. If you're starting from scratch, with a junior team, you will need to set more money aside for consultants and failed campaigns.
The minimum recommended amount for an experienced team starting an online venture would be in-between 3.8 Mil and 5 Mil, all depending on the team and their salaries. Most new casino operations get profitable anywhere between 14 to 18 months, so you would need enough money to survive that period. However, that's for people who have previous experience with managing a casino operation and are bringing in a lot of contacts from the industry already. If you're starting from scratch, with a junior team, you will need to set more money aside for consultants and failed campaigns.
Sorry to disappoint you but everyone thought about successfully launching something without initial capital but that's not how business works especially when there is high competition in the crypto gambling sector. People already suggested pvp games but it's not going to attract much people and when you want something to grow then you need to focus on wider audience.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
It's not possible. If you are going to start a service like that without an investment (or bankroll), you are inevitably going to scam your customers once they start making profit and attempt to withdraw money from your platform. Every casinos need a large bankroll to start operating, because on short run the business can be unprofitable for the house, in case gamblers hit some nice unexpected jackpots. Then you have to have money to afford the casino's losses for days, weeks or even months until the scenario finally changes in your favour.As a casino bankroll investor in the past, I've already faced this situation. Sometimes my portfolio remained in loss for several weeks, until I finally saw a sudden turnaround from loss to profit, due to a gambler or another losing huge sums of money instantly. That is when the casino makes profit. By there, you should be prepared to keep paying the winners, while swallowing the losses.
hero member
Activity: 658
Merit: 524
Leading Crypto Sports Betting & Casino Platform
I think you will need investment, bro. Put aside the domain and hosting costs, you will need to do different marketing and promotion to make the casino popular. You will need to hire some staff; you will need to hire white hackers that can protect you against other hacks and other cyberattacks.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
There's always a cost in running a casino, if someone comes out with a no-cost casino then we will have new casinos coming up every day all they need is a domain and a host, the script and white label license alone cost thousands of dollars.
Even in creating a faucet, you need to spend money, do not use pirated software even if it is free, it's full of bugs as they will steal your funds.
In gambling operations, you need money to make money, skills in running a casino and enough funds are the key to successful casino operations.
It was more possible in the past when there was a gambling project namely moneypot where people were able to have their own gambling app while the bankroll was provided by moneypot and investor IIRC.
Still, although they do not need to provide bankroll but most of them needs extra fund for advertising/marketing.
Now if your fund is limited to domain and hosting only, how will you create your own games? Are you creating it yourself?
All in all, it might be possible for you but I dont think you will be succeed with your casino if your fund is limited to domain and hosting only.
Still, although they do not need to provide bankroll but most of them needs extra fund for advertising/marketing.
Now if your fund is limited to domain and hosting only, how will you create your own games? Are you creating it yourself?
All in all, it might be possible for you but I dont think you will be succeed with your casino if your fund is limited to domain and hosting only.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Is not possible, you have to ask yourself the next questions.
If you have a casino without a bankroll, who will pay users each time they win?
If you don't have money to pay the gamblers then why will they come back?
What will you do after your site gets a lot of red tags and gets identified as a scam?
And if we are talking about faucets, you need to put money on them too, that's how faucets work, the one who opens the faucet puts money on it and that way the users can claim the faucet. If you don't put money on it then you will have a dry faucet where users can't claim anything, which isn't attractive at all.
It's definitely possible, either you will scam or you will pay with your own pocket money.
I don't understand with people who're discussing about advertising fund and internal operation fund, the point is whether it's possible or not for creating such site without any investment. Who cares whether it can survive or sustain after he launch it lol.
I don't understand with people who're discussing about advertising fund and internal operation fund, the point is whether it's possible or not for creating such site without any investment. Who cares whether it can survive or sustain after he launch it lol.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
How you would pay winnings to winners? People won't play if they're not able to get winnings. In the crypto world, trust is very important as you know and if players think they might not be paid, they will not come to your site. You need to have some funds ready to cover winnings actually, even if it's a small bankroll at the beginning. Starting without enough capital to cover payouts will really hurt your reputation very quickly IMO, even if you apply very low limits to the stakes in order to avoid too large winnings. Also, for a faucet, you still need to have a way to fund it. Usually, faucets are funded by advertisements, but you need to attract enough users to generate that revenue. It’s a bit of a chicken and egg situation, you need users to get ads, and you need ads to pay users in the end. 
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
I really don't think so. Apart from hosting and domain costs there are other costs involved too.
Some of it are development of the site, advertising and marketing, getting the games from 3rd parties and the major one is initial capital required for gambling.
All of it would be required which would sum up to a huge number obviously.
Don't even think about faucets because maintaning faucets is a difficult job.
I think the OP only mention about not using his own money on bankroll but all the setup on running the casino expenses will be covered aside from the bankroll.
meaning OP wants investment to come in to fund the platform he is creating. For operations and future platform development, large funds will also be needed, this can be done by seeking funds from investors.but the problem is in preparing the platform, I might be a little pessimistic if the concept is like a faucet without betting or a casino on the platform. and also in the crowdfunding process, of course, the platform preparation must be done well to attract investors. it will also require funds which I don't think will be cheap. Maybe OP should also collaborate with some experts.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
If I claim I get you correctly, then I am lying, but still, I think I have a glimpse of what you are trying to say. Well, this is not the first time one will try what you are trying to explain, and even on this forum, such has been advertising on this part of the forum a while ago.In case you want to know, what the guy did was use the faucet/incentive to lure people into it with the promise of the perks so that they can regularly visit the site/casinos with an embedded affiliate link of casinos. At least, this looks like a plan, what is your own plan on it? I believe you can't just be giving it as a charitable act, would you? There must be a plan before you plan to do that.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Considering there is a method that the owner could used to launch their casino without investment. But the question is do you think it will succeed and caught the interest of the people? Considering that you need to present your casino to a lot of people and for sure that you will struggle to market it because you don't have funds to use for this. But come to think of it that advertising is vital for launching a business and if you can't afford to spend something to introduce then get a huge traffic then most likely your casino will fail.
There’s a method and that is through crowd funding. Casino like Betfury do this which they gather funds through selling their BFG tokens and use the investment money to operate the Betfury casino. Until now they are using the investors fund with their marketing even though the casino is already fully operating.
Other startups casino is doing this too so that they can share the house bankroll with investors and lessen the funding from their own money.
Quote
So mainly think about considering the importance of advertising since this could able to help the casino to gain success. I know that you are trying to find cheaper way to launch or operate your casino but chances to fail in that model is so high. Faucet? I don't know about the statistics but I think its not profitable anymore, but let see if someone will give a good points regarding on faucet sites.
I think the OP only mention about not using his own money on bankroll but all the setup on running the casino expenses will be covered aside from the bankroll.
legendary
Activity: 2380
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
It's possible if you want to scam the people because if you want to open a casino you have to at least the bank roll for pay out the winner. In this case if you don't have fund for that how it you will pay them? And obviously making fund on only bankroll can't take success in case of gambling site for the new project you have to do advertisement like search engine optimization and building trust in the community for that you have to investment money otherwise there is already giants competitor who investing millions on marketing. And on the other case it is possible when you casino will be PvP casino some members already mentioned the causes.
Person verses person games can be very lucrative, most especially if and when the game in itself is a very interesting one which appeals to players to come play over and over again, the game payment mode can be designed in such a way where the both parties stake their money, and the casino act as the middle man or escrow, and at the end of the match, who ever wins, the casino takes their commission, and pay the remaining funds to the account of the winner.
This is one cool gaming idea where the casino owner won't ever have to bother about having a bankroll, since players settle themselves while the casino enjoys commission, but this too still require heavy marketing, else, with hundreds of thousands of casinos around, gamblers won't even notice that such a casino with that type of game exist.
So, in the nutshell, it's practically, and technically impossible to run a casino successful without any investment, it will be a miracle for such to happen.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Considering there is a method that the owner could used to launch their casino without investment. But the question is do you think it will succeed and caught the interest of the people? Considering that you need to present your casino to a lot of people and for sure that you will struggle to market it because you don't have funds to use for this. But come to think of it that advertising is vital for launching a business and if you can't afford to spend something to introduce then get a huge traffic then most likely your casino will fail.
So mainly think about considering the importance of advertising since this could able to help the casino to gain success. I know that you are trying to find cheaper way to launch or operate your casino but chances to fail in that model is so high. Faucet? I don't know about the statistics but I think its not profitable anymore, but let see if someone will give a good points regarding on faucet sites.
Theoretically you can launch the website without the investment but don't you think you need advertising? If you do not have money to advertise the product then you will not receive any eye ball, and project will not make you any money at all. When a project or business will not make you money then it become a burden for you.
I learn something when I was reading about blockbuster movies like from Marvel when I was reading about their budgeting and how they make money. What I read was that they can use $150 million to make the movie and spend another or almost $150 million for the marketing. Just marketing takes almost half of the budget because they know how important marketing their movies is very important. Another thing is that someone needs to start a business with capital. Having capital is very important for a business startup. If capital is not important in a business, you will see almost everybody doing such business. Even people that are not rich at all will do it. copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
You are looking for a P2P casino games or something that you will let players be the house. I think I so this feature on some decentralized casino which they allow user to fund the casino bankroll on specific table game and let him be the house against other player. I’m not updated anymore with that project but the last time I browse it there’s no players active playing on the tables.
In the end, Marketing is very crucial to gain players so even if you are not paying for the bankroll cost, your main problem is how you can attract players and investors for the casino bankroll. But technically, this is possible since some casino done it in the past.
hero member
Activity: 980
Merit: 876
Find your Digital Services at- cryptolibrary.pro
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
It's possible if you want to scam the people because if you want to open a casino you have to at least the bank roll for pay out the winner. In this case if you don't have fund for that how it you will pay them? And obviously making fund on only bankroll can't take success in case of gambling site for the new project you have to do advertisement like search engine optimization and building trust in the community for that you have to investment money otherwise there is already giants competitor who investing millions on marketing. And on the other case it is possible when you casino will be PvP casino some members already mentioned the causes.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
I think it's possible with p2p games in which winners takes the money pool from the losers and the casino takes a fee for their profit.
Theoretically you can launch the website without the investment but don't you think you need advertising? If you do not have money to advertise the product then you will not receive any eye ball, and project will not make you any money at all. When a project or business will not make you money then it become a burden for you. 
This is practically not possible.
I agree with this, which is the most repeated idea in the thread. As a possible, well it would be possible but opening a casino with hardly any expenses would have to be a PvP and if you don't invest in marketing and advertising you are not going to attract people. If you want to include casino games you need a bankroll to pay.
So the OP is approaching it in the wrong way. If you want to set up a business with no or minimal initial investment you'd better look for something other than a casino. With how competitive the space is, if he were to set up something with very little money he has very little chance of succeeding.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
This is practically not possible. If you open a casino like this also, then in less than a week you have to shut it down. Apart from maintaining the bankroll, there are a lot of expenses that you need to carry out in order to survive. The main thing where you need the money is the marketing. Through this, only people will come to know about your site. If you want to launch a PvP casino also, the marketing cost will be high, and you need to raise funding for this.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
it might be operational. but how will you promote your gaming site? and maybe it will only work for you when you have enough players. It is not easy for a new gaming site to gain a place in the market. it requires promotional costs and also as the project progresses, it will require good developers and maintenance.
Maybe you are currently just thinking about how to make a simple, cheap site. but without adequate investment, it will complicate the development of the project. think about inviting some people who are experts and you can trust in this business.
You can try to implement “parimutuel betting”’ like freebitco.in did but you need to have many players to make it work.
Search “parimutuel betting” on google. Basically the players wager and you take your cut from that pile and the winners take the rest of the total wagered money.
Every business needs some kind of initial investment anyway. Domain and hosting might look the basic stuff to you but they cost a lot once you get serious. Stopping them ddos attacks cost money.
There is no free lunch here.
Search “parimutuel betting” on google. Basically the players wager and you take your cut from that pile and the winners take the rest of the total wagered money.
Every business needs some kind of initial investment anyway. Domain and hosting might look the basic stuff to you but they cost a lot once you get serious. Stopping them ddos attacks cost money.
There is no free lunch here.
I think it's possible with p2p games in which winners takes the money pool from the losers and the casino takes a fee for their profit. Though it's not as popular as mainstream casino games/setup.
But keep in mind that there would be software development cost + marketing budget.
This can actually work, if you've got the skills to be an organizer of this kind of events and you've got the connections necessary to make this happen, you're probably going to see some kind of success, I think the reason that this kind of things isn't popular is because the organizers suck at it and they're not really good at advertising their event to gather as much people as they can that would participate to this event, it's also really difficult to pull this off without the financial investment because one way of attracting people to participate in this kind of thing is that there's a prize money that's outside of the game. But keep in mind that there would be software development cost + marketing budget.
There's no way that a business can't have any capital on it, no way that you can't put in any kind of investment in a business and I don't remember any kind of business that doesn't have any kind of investment anyway because after all, your time in developing that business is also an investment so it's totally impossible to have a casino that doesn't have any investment plus in a casino, you're investing your money in there because those money serves as the coveted prize money for the jackpot in a casino and also the small wins that are bound to happen most of the time.
~
It's not only domain and hosting that needs costs here, manpower is also pretty much needed. You can probably try doing it yourself but it would take a lot and by that, I mean a LOT of time before you can even start it running, not to mention you'd have to support it yourself almost 24/7. Same with a faucet. If it was a relatively new thing like in the past, sure it would've worked without the marketing aspect side since the community would share it themselves amongst each other but with the amount of competition nowadays? Good luck with even making your name known to a hundred users lol. 
What size of a starting budget do you have? DO you plan on marketing? Do you plan on only having originals at the start or having 3rd party slots? Hiring staff, devs, anyoene else besides yourself?
These are all things you need to consider when deciding on whether to open a casino. You can have only original games like dice, plinko, blackjack, or others and use kelly criterion where a person can only win 1 100th of the bankroll, but will you have a large enough bankroll to attract any players?
It's a very tough market to get into and be competitive without a super large budget IMO. I would say with less than 20 btc I wouldn't even attempt it these days.
These are all things you need to consider when deciding on whether to open a casino. You can have only original games like dice, plinko, blackjack, or others and use kelly criterion where a person can only win 1 100th of the bankroll, but will you have a large enough bankroll to attract any players?
It's a very tough market to get into and be competitive without a super large budget IMO. I would say with less than 20 btc I wouldn't even attempt it these days.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
It is possible to have faucet site without casino. But you need to add some coins for the faucet although not too big because you can set how much you want to gives to your user. To gets that faucet, users needs to wait for some time, usually one hour. But a business will needs some investment to run it. You as owner needs to know what is the costs and calculate how much budget you needs. Maybe that will no need too big for a start but it will rise along the time.
It is better you manage a budget to start so you can use it to allocate for the costs.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
If you open a crypto casino without investment, it is certain your intention will be to scam people because you not be able to pay the winnings should the early win. To run a casino successfully, you need capital that you are ready to disburse to winners and you should not expect to become profitable from the first day. If it were that easy, everyone would have own a casino.It is important you discard this thought because it is not possible to launch a casino without investment unless you are ready for the problem that will come with such business idea.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs.
You need to gain a good reputation to get trusted. I see the idea, not so costly on your side as you are just getting the percentage of the winning bets but the biggest challenge is how you'll attract gamblers to trust you. The idea is good but you gotta figure out how it will work as there hasn't been something like this that are operating successfully AFAIK.Quote
Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
How do you see your business being profitable doing this? can you enlighten us? 
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Then better with a faucet but you still need some capital with that and that's going to be your investment.Compared with a casino, it won't cost you a lot because people just go and visit you to claim faucets and small amounts. And you also need to invest a lot in security matters for your casino.
Anyway, any business requires investments whether it's from you or not.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs.
No, it isn't possible to open a casino without investments or without a bankroll. Most of the players join crypto casinos because of their own greed to get the jackpots to earn so much by testing their luck, and a few players join a casino because of the bonuses that a casino gives to its players.Even if someone creates a casino without any investment then it will be a tough task to get any players to that casino because without spending money on advertising and marketing no one hears about new casinos and that means no one joins those casinos.
One can in some sense start a faucet but players also visit faucets because they want to earn free Satoshis for their time. and if I'm not wrong then faucets earn money from advertisements of their clients. There's a possibility to create a free testnet Bitcoin faucet but for that the owner should have available testnet Bitcoin.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Possible, but you really need to have a lot of money to begin with, but if you look at the history of land base casinos, the now big and famous casino at some point need investors to get the ball rolling. And it's better to have investors obviously so that you will have unlimited funds to make casinos from scratch.
As others have said, PvP, but it's not enough in my opinion, players get bored easily and they look for games that will give them thrill and adrenaline rush. So you need slot games as well and this entails that you have millions in order to get top tier, level A, slot machine operators.
There are thousands of places to play. Players will need to be incentivized if you want them to keep happy and coming back to play. That's why you're going to need a bankroll for the casino otherwise, it won't grow to the stage you'd like because sooner or later, users would move elsewhere. So, to answer your question, it's very much possible to open one but if you're really serious about making money from the platform you create, you're definitely going to need to pour in initial investments into the mix which would go into reward pools and marketing + operations.
These days, you need money to make money. Except it's just for fun.
These days, you need money to make money. Except it's just for fun.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
It is possible but it will be very limited to pVp based game where you provide the game and let players play game against other players. The main challenge for pvp based game is to get active players because if the game is not attractive and there is no good offers to be active players on your site, it will be so hard for you to survive. If you have no other funds for marketing/promotion, I doubt you will gain enough interest because it is already proven that there were some pvp based game with marketing cost but still failed to survive. I'm referring to poker and raffle based game.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
You just want to spend only on domain and hosting cost? That is not possible. Do not forget that marketing is very important and you will need a lot more that will require money. Once you started, you will understand.I think it's possible with p2p games in which winners takes the money pool from the losers and the casino takes a fee for their profit. Though it's not as popular as mainstream casino games/setup.
But keep in mind that there would be software development cost + marketing budget.
Which means it still needs investment. But keep in mind that there would be software development cost + marketing budget.
legendary
Activity: 2380
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Maybe you will have to come out a bit clearer for us to better understand what you mean, for personally, I do not understand how possible it is to open or launch a casino without investing a dime aside from obtaining a domain and hosting it.I think it's very important you understand that aside domain and hosting, there is still alot to be spent on, and one of those is the fact that you have to reserve a really nice amount of money for settle winnings just incase you are not so lucky at the very beginning.
And secondly, do not forget the place of marketing and promotions and how important this is to the casino or faucet's visibility.
Like I will always say, this days, marketing and promotions seems to cost way more than it cost to launch a casino.
So, there is definitely no way you can launch a casino or Faucet without investment, though I might not be completely right with my answer though, since like I said earlier, I don't completely understand the type of investment you are talking about.
I think it's possible with p2p games in which winners takes the money pool from the losers and the casino takes a fee for their profit. Though it's not as popular as mainstream casino games/setup.
But keep in mind that there would be software development cost + marketing budget.
But keep in mind that there would be software development cost + marketing budget.
Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Jump to: