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Topic: Investor for high-speed lotto at raffle.io (Read 284 times)

hero member
Activity: 882
Merit: 528
You're going to need to offer much more information than that in order to get some genuine investors. You are offering to pay 3x the investment amount of they bankroll your site, but you're not explaining how you will generate the user base necessary to achieve this reparation.
legendary
Activity: 3808
Merit: 1723
Hi there,

I do love the sites logo which is quiet catchy in my part and its good that its similar to the site with litecoin lottery. Investors potential earnings are also in good offer but i doubt and afraid you wont able to get investors with these kind of gambling game because theres isnt too much interest of the community when it comes to lottery based games.Not too being harsh but its the reality but still i hope you would able to get investors on this one.
as we already know in some gambling sites that have investment features in it. it's always a lack of interest from investors, because it's not only a high risk to invest there, but the fear that the site is a scam, always makes investors feel afraid
That's the hardest part of being new gambling sites, most people are afraid to invest if they know that is no feedback whether it is good or bad to invest, unlike those investors who already know the gambling site that trusted and reputed gambling site they never doubt or hesitate to put an investment. So, it takes a few months before you have their trust.

This isn't the only issue with finding new investors. Problem is that there are tons of sites everybody which are released and they are all the same.

It's either an old dice site or it's some type of lottery/raffle.

There is way too much dice site saturation in the Bitcoin world and the lottery/raffle was tried before and never really gained any popularity.

I think he would find investors if it was a completely new and unique idea. Something that any gambling site hasn't done before.

For example something such as Mine sweeper except for gambling.
hero member
Activity: 3010
Merit: 794
I am beta-testing now on https://www.raffle.io/

Woah! Its open already. I like the wood themed background and the animation but i do suffer on 10-15 seconds loading when i do try to try the site.Is it normal? I do have fast internet connection and a fast PC but still not a big issue at all.Ive seen it do needs 2 players for it to start which results can be seen on 15 seconds which is incredibly fast also a good feature when you integrate shapeshift just for you to be able to get some LTC to put up in the balance.
copper member
Activity: 12
Merit: 0
I am beta-testing now on https://www.raffle.io/
legendary
Activity: 1834
Merit: 1008
I believe this is a great site to play, by giving something big payout, you must aiming such a big whale to play here. But I do not know why you still find investors after your game already launch. If you are able to launch your game doesnt mean if the project really good to go? And ready to earn some cash to you? And to get 2 btc on something simple like this site is not a big deal right?
legendary
Activity: 2492
Merit: 1232
Hi there,

I do love the sites logo which is quiet catchy in my part and its good that its similar to the site with litecoin lottery. Investors potential earnings are also in good offer but i doubt and afraid you wont able to get investors with these kind of gambling game because theres isnt too much interest of the community when it comes to lottery based games.Not too being harsh but its the reality but still i hope you would able to get investors on this one.
as we already know in some gambling sites that have investment features in it. it's always a lack of interest from investors, because it's not only a high risk to invest there, but the fear that the site is a scam, always makes investors feel afraid
That's the hardest part of being new gambling sites, most people are afraid to invest if they know that is no feedback whether it is good or bad to invest, unlike those investors who already know the gambling site that trusted and reputed gambling site they never doubt or hesitate to put an investment. So, it takes a few months before you have their trust.
hero member
Activity: 966
Merit: 501
Hi there,

I do love the sites logo which is quiet catchy in my part and its good that its similar to the site with litecoin lottery. Investors potential earnings are also in good offer but i doubt and afraid you wont able to get investors with these kind of gambling game because theres isnt too much interest of the community when it comes to lottery based games.Not too being harsh but its the reality but still i hope you would able to get investors on this one.
as we already know in some gambling sites that have investment features in it. it's always a lack of interest from investors, because it's not only a high risk to invest there, but the fear that the site is a scam, always makes investors feel afraid
copper member
Activity: 12
Merit: 0
Quote
The thing about this, if it is based like the idea of the litecoin.win lottery, you do not lose your bankroll. It is deposit driven. You cannot be part of the lottery with what you dont have.  The max winning would be based on how many deposits would be made. One method of losing bank profits would be faucet, but that isnt always part of a gambling site.

OP, I wish you luck.

Exactly,. BR is not an issue.
jr. member
Activity: 59
Merit: 3
It seems like you've used bitcointalk earlier.
Do you have an original account on these forums?
Yeah come up here with your original old account, hope its not red  Grin

2BTC is not much these days and it might not be enough for you to run advertising campaigns and other promotions to have players on early days. Also the lottery model you are talking about is not actually a lottery. Its a copy of busta game and I think you have one unlicensed version which you gonna use here.   Roll Eyes

Although domain name is perfect...



2B is not much when it comes to the casinos bankroll.

However 2B is very high when it's only for for domain hosting and development costs.

The biggest issue with this idea is that it has been tried and tested in the past and failed unfortunately.

Basically with a low edge dice available there is absolutely no point in doing a lottery.

Most will simply play with a corresponding win percentage and it can be like a regular lottery.


2 BTC is just about $13,500 right now and previously when I started on the forum and want to create my own gambling site (just in my head and did research without any sort of action to it), I estimated before that you need at least $20,000 to have someone create a good gambling script and site. Not sure if it is still applicable today, but that is what I found out before. This is also not including the initial bankroll of the site, and based from my old research again, you will need at least 10 BTC to operate a site with a decent max winning. I believe usually gambling site will offer as much as 1% of the house bank roll (taking into consideration the kelly criterion), so 1% would give a max win of 0.1 BTC.

The thing about this, if it is based like the idea of the litecoin.win lottery, you do not lose your bankroll. It is deposit driven. You cannot be part of the lottery with what you dont have.  The max winning would be based on how many deposits would be made. One method of losing bank profits would be faucet, but that isnt always part of a gambling site.

OP, I wish you luck.
copper member
Activity: 12
Merit: 0
I think i will be able to develop and launch an appealing, interesting, and addictive game.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
Raffle games are not popular in Crypto Casino you will just be ended up like a dead website if you can't release some fresh ideas that can stand out against on your competitor. Look at trueflip.io lottery site, Even though they are offering a good jackpot price and nice website, They are still struggling with traffic to their site. I suggest that you must create your site an easy to access and you can try to use an automatic payment that doesn't need to create an account on the website. Directbet becomes popular because of this feature and also the draw process must be transparent. You don't need to have a fast phase game in lotto type game. The only thing you need is to make your lotto game a very surprising.
legendary
Activity: 3808
Merit: 1723
It seems like you've used bitcointalk earlier.
Do you have an original account on these forums?
Yeah come up here with your original old account, hope its not red  Grin

2BTC is not much these days and it might not be enough for you to run advertising campaigns and other promotions to have players on early days. Also the lottery model you are talking about is not actually a lottery. Its a copy of busta game and I think you have one unlicensed version which you gonna use here.   Roll Eyes

Although domain name is perfect...



2B is not much when it comes to the casinos bankroll.

However 2B is very high when it's only for for domain hosting and development costs.

The biggest issue with this idea is that it has been tried and tested in the past and failed unfortunately.

Basically with a low edge dice available there is absolutely no point in doing a lottery.

Most will simply play with a corresponding win percentage and it can be like a regular lottery.


2 BTC is just about $13,500 right now and previously when I started on the forum and want to create my own gambling site (just in my head and did research without any sort of action to it), I estimated before that you need at least $20,000 to have someone create a good gambling script and site. Not sure if it is still applicable today, but that is what I found out before. This is also not including the initial bankroll of the site, and based from my old research again, you will need at least 10 BTC to operate a site with a decent max winning. I believe usually gambling site will offer as much as 1% of the house bank roll (taking into consideration the kelly criterion), so 1% would give a max win of 0.1 BTC.

In my opinion the development costs can vary since you can outsource most of your work.

Basically if you hire someone in India to the the programming it's much cheaper than say a programmer who lives in the USA.

Hence the costs vary and they also vary depending on the amount of work required. A simple dice site should be much faster and easier to code than something such as a full on casino.

The bigger issue is of course the main bankroll. Even if you spend $20K on development costs, it means nothing when you don't have capital set aside from your casino losses.

Hence most sites these days usually take care of the development but since the bankroll is much more involved they offer users the ability to become investors for that site.

So build the site first, launch it as alpha/beta, add a faucet and see if the investor interest is there.

Either way good luck with your project.
copper member
Activity: 12
Merit: 0
If you can provide a solid website plan, places where you will invest the 2BTC , your future plans , if you can code it or not (basically a whole plan for your website), then you might try sending it to Edward (primedice guy), he was willing to provide up to 5btc loan for new and innovative bit coin gambling projects.

Thanks for the tip!
hero member
Activity: 952
Merit: 576
If you can provide a solid website plan, places where you will invest the 2BTC , your future plans , if you can code it or not (basically a whole plan for your website), then you might try sending it to Edward (primedice guy), he was willing to provide up to 5btc loan for new and innovative bit coin gambling projects.
hero member
Activity: 896
Merit: 514
It seems like you've used bitcointalk earlier.
Do you have an original account on these forums?
Yeah come up here with your original old account, hope its not red  Grin

2BTC is not much these days and it might not be enough for you to run advertising campaigns and other promotions to have players on early days. Also the lottery model you are talking about is not actually a lottery. Its a copy of busta game and I think you have one unlicensed version which you gonna use here.   Roll Eyes

Although domain name is perfect...



2B is not much when it comes to the casinos bankroll.

However 2B is very high when it's only for for domain hosting and development costs.

The biggest issue with this idea is that it has been tried and tested in the past and failed unfortunately.

Basically with a low edge dice available there is absolutely no point in doing a lottery.

Most will simply play with a corresponding win percentage and it can be like a regular lottery.


2 BTC is just about $13,500 right now and previously when I started on the forum and want to create my own gambling site (just in my head and did research without any sort of action to it), I estimated before that you need at least $20,000 to have someone create a good gambling script and site. Not sure if it is still applicable today, but that is what I found out before. This is also not including the initial bankroll of the site, and based from my old research again, you will need at least 10 BTC to operate a site with a decent max winning. I believe usually gambling site will offer as much as 1% of the house bank roll (taking into consideration the kelly criterion), so 1% would give a max win of 0.1 BTC.
legendary
Activity: 3808
Merit: 1723
It seems like you've used bitcointalk earlier.
Do you have an original account on these forums?
Yeah come up here with your original old account, hope its not red  Grin

2BTC is not much these days and it might not be enough for you to run advertising campaigns and other promotions to have players on early days. Also the lottery model you are talking about is not actually a lottery. Its a copy of busta game and I think you have one unlicensed version which you gonna use here.   Roll Eyes

Although domain name is perfect...



2B is not much when it comes to the casinos bankroll.

However 2B is very high when it's only for for domain hosting and development costs.

The biggest issue with this idea is that it has been tried and tested in the past and failed unfortunately.

Basically with a low edge dice available there is absolutely no point in doing a lottery.

Most will simply play with a corresponding win percentage and it can be like a regular lottery.
legendary
Activity: 966
Merit: 1006
It seems like you've used bitcointalk earlier.
Do you have an original account on these forums?
Yeah come up here with your original old account, hope its not red  Grin

2BTC is not much these days and it might not be enough for you to run advertising campaigns and other promotions to have players on early days. Also the lottery model you are talking about is not actually a lottery. Its a copy of busta game and I think you have one unlicensed version which you gonna use here.   Roll Eyes

Although domain name is perfect...

jr. member
Activity: 243
Merit: 9
And you created an account just to make this thread?
It seems like you've used bitcointalk earlier.
Do you have an original account on these forums?

Exactly what I was thinking.  No one is going to take you seriously trying to gain investors with little recognition to who you are.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
And you created an account just to make this thread?
It seems like you've used bitcointalk earlier.
Do you have an original account on these forums?
hero member
Activity: 896
Merit: 514
Thanks for the input. I will go forward with it, with or without an investor.

You should and don't let people put your project down. I did not state what I said here to stop you or discourage you. What I wanted you to do is to first create the site and just have some sort of investment option. Because right now, without anything to show but just a unique domain name then there is little chance you will get the investment you need. It would be better if you could show us a working site already. If you would follow bustadice, they made the site first and showed it is a good concept and trust can be had then the investments kept flowing.
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