Topic: Funding and Discussion for New Gambling Site 1 to 37 or dice - page 3. (Read 2869 times)

"the numbers are not exactly random".
"lowest unique bid auction"

This may not work especially if we're aiming to operate and compete with the other casinos.(international)(you know how paranoid people are here)
Or is this mainly aimed at Filipinos? Another thing is the "No Limits", that's quite risky for the investors so there should always be a set max bet amount or maybe a certain percentage of the bankroll. The one I'm currently working with has 2.5% of the bankroll as the max bet amount (even though their bankroll isn't small @ 600+BTC,it's a good way to reassure investors and as well as protection against whales/bankruptcy).


Yep. 20 BTC isn't gonna work, especially with the recent spate of DDoS attacks. Cloudfare for casinos could get really pricey. (around $1k-4k)

*On a side note, have you thought about adding a game like "e-bingo"? It's a popular game among Filipinos. Plus, it's got a pretty high House Edge at around 11 - 30% I think. Take a look at this https://www.betmotion.com/en/video-bingo.aspx .  

I don't know if you've tried, but you can't really develop a good or decent bitcoin game site for less than 20 to 30 BTC (fiat equivalent).

That's about how much I spent for 64blocks.com and it took about 6 months working with him. The concept is simple. All the problems with running the site ... not so simple.

none of that is part of the 30btc to develop. there is a mention of 50btc for br which is understandable.

It is some real serious shit. Truly. Honestly. Lives have been transformed. You may think it's just a simple game. Pick a number from 1 to 37. Or pick 2 numbers from the same range.

But the impact it has on a nation and on society. It's something that many find difficult to comprehend. (It's illegal in the Philippines, but people still play it.)

Thank you for the luck. We're going to need it. But mostly marketing and promotion. If we can just capture a tiny market (and of course award prizes to winners quickly so word spreads out) then it will be a success for all the initial investors.

The concern (for me) for now is how to operate it. Can I just have a "bola" where numbers are randomly picked? Or would I have to make use of hashes and math and all that? Either way, the rules will be laid out for all the players, whether explicitly stated or implied. The point I was trying to make, the numbers are not exactly random. Think of it as "lowest unique bid auction" or something along those lines.

Must be some serious shit then 
Good luck with your project

I'm not going to go bankrupt the way it was originally intended to operate, no matter how much people bet. I'm not sure you get the implication here. Filipinos are quite familiar with the real life version of this game I'm trying to bring online. It's been the cause of at least one President's downfall from power.

Thanks mate, I'll be waiting for the english thread, also note that using a provable fair script prevents you from going bankrupt in case of big bets.

Uh... I have not yet created an English only thread, my apologies for that. I would post that in the "marketplace" or "securities" or maybe "altcoin" forums, which ever is most appropriate.

To answer some of the concerns here:

1. most probably bitcoin only for funding or investment. This first batch will all be "private" investors or kapitalistas.
2. hosting will be prepaid for several months, and include possibilities of upgrading capacity if the demand increases. You'll have to pay bandwidth costs if there are hundreds of hits daily with hundreds of bets. If this scales to the equivalent of a small city or town in the Philippines, you'll literally have thousands of bets daily. Your $5 a month VPS just will not work.
3. law = jurisdiction of Saturn (the one with rings!). domain name from another planet too. (or outside the US and outside the PH at least.)
4. possibility of being an .onion site (tor) but maybe just a regular web page so more people can play.
5. not collecting info, not collecting fiat. bitcoin only.
6. no real minimum investment, but it wouldn't make much sense to invest smaller than 0.01 (your share will be diluted to centavos per month or something absurd.)
7. no limits, because the plan is to operate it like a real life STL / jueteng. There will always be a player that wins. Just not the guy that bet 20 BTC. it will still be fair, it will still be gambling, and everyone has a chance to win. that's how it is in real life and you have million and millions betting on this game.
8. if that is not desirable, then it will have to be provably fair, which implies limits depending on the bankroll.

I already prompted you to open a scam accusation thread in my reply to your pm, and why do i hi-jack threads while am saying am ready to spend my money? 

Cos I really think you are a scammer and next time dont hi-jack threads.

He pmed me some bullshit in his language which I don't understand and then another reply saying am a scammer lol. Please speak English in this thread

Hdi, ka nman Pilpno eh. Dumyo kpa dto

Am also looking to develop a gambling site in the near future, if you're into co-opts pm me, I can fund my side, though it would be international.

Also, spending 20 BTC for hosting? (P500,000+ or $10,000+ for hosting?)

Tho, I am interested in joining your project. Either as an investor or industrial partner (I am currently very active online, tho just new here in the forums, and am a graduating Law student, so probably I could help out in the legal side of things).

Just let us know and good luck sir Dabs!  

Bankroll, development, promotions, marketing, etc.

Sabi nga x1000 ang mapapanlunan nung winner kaya talagang kailanagan ng malaking BR

what do you mean "no limits". certainly there has to be a limit?

also to develop just one game, spending 30 btc seems like a lot to me

Hello sir dabz magkano po minimum dyan sali naman po ako?
Mukhang maganda kasi sisikat po yan .

Parang STL ( o yung illegal form nya na jueteng) pala yung style ng project nyo po sir. Mukhang papatok po ito sa mga pinoy. Tanong ko lang din po if how much is the minimum investment and if this is limited only to bitcoin?

magkano ang minimum na investment ng isang kapitalista? hati-hati rin to kapag natalo tama?

pwede kayang i-tokenize to?

Hindi sports betting. Meron na gumagawa noon. Ang naisip ko lang is just one simple game. Pick two numbers from 1 to 37. Winner gets 1000 times what he bets. NO LIMITS.

That's for the players. For investors, eh, di, alam mo na. Kayo ang kapitalista, ako ang "operator". Meron mananalo palagi, pero lahat tayo kikita parin. Wala ng kabo o kubrador. Pero meron siguro "signature campaign" o kaya "promotion". Ano na yon, marketing expense na yon. At baka meron referral bonus pag kumalat sa social media.

Siguro I'll have a chat room, and I'll employ admins and mods (and call them kabo and kubrador, LOL.) Ako lang nagpapabola.

I'm also trying to gauge interest in this. I mean, there are plenty of people on all the other dice sites. I don't want to put up yet another dice site.

Of course, the site will be in English, so everyone understands. Maybe I'll put a "translation" so it looks "presentable".

If I collect 500 million in bets, why not give away 400 million in prizes? The winners will be happy. Anyway, up for discussion.