Topic: Reasonable bankroll for new gambling website? - page 2. (Read 710 times)
I would think you want something much bigger then 100BTC. If you look at Prime Dice's thread in the very first day someone won 200 BTC. I mean you can't expect te same thing but to plan for the worst. I would assume you would want 500 or more. Depends on what your max bet is going to be. If you use 1% of your BR as max bet and max bet is 5 BTC then 500 btc should be ok. Anything less and i think you may run into problems esp if you take off and have great success early.
I also think +100 BTC is a bare minimum, but you could also minimize the risk for yourself by limiting the max winrate per bet.
That way you'll be less affected by variance since you can't lose, say, 10% of your bankroll by one lucky player.
That way you'll be less affected by variance since you can't lose, say, 10% of your bankroll by one lucky player.
what type of gambling site you are going to start, if you are going to start dice and casino then you will be needing 100+ bitcoins minimum, if you want big gamblers to come in your site and play. or else what ever bankroll you set it is upto you.
If you wanted to start sports betting site then lot of work have to be done before bankroll
If you wanted to start sports betting site then lot of work have to be done before bankroll
Whats up guys. 
As stated in my last post I'm currently developing a new gambling website.
I got a few fine bankroll deals so I'm wondering what amount would be reasonable to make sure I can pay at any given time.
Anyone got ideas, suggestions or even experiences that would be helpful to share?
Greetz~
As stated in my last post I'm currently developing a new gambling website.
I got a few fine bankroll deals so I'm wondering what amount would be reasonable to make sure I can pay at any given time.
Anyone got ideas, suggestions or even experiences that would be helpful to share?
Greetz~
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