Pages:
Author

Topic: SEARCHING FOR OPINIONS ON A CRASH GAMBLING SITE IDEA - page 3. (Read 380 times)

jr. member
Activity: 40
Merit: 18
You're thinking about it backwards. Getting investors is super easy, make the perceived reward greater than the perceived risk. That's really all investors care about.

Most people don't know this, but before bustabit was the giant it is now -- there was a time the max bet was like $30 USD. It's better to start small, build up an audience and then if you want to start supporting whales -- it will be extremely easy to find investors after you're proven yourself and the need for more money.


If you want to succeed, you should be instead laser focused on players. What can you offer that the other big reputable sites don't, so that people want to switch to you?

Great! I needed advice like this. I was tunnel visioning on the endgame thinking I needed a huge bankroll to start out with but you just gave me the reality check I needed. and you're entirely right - I would have to make the site reputable first before anyone trusts investing into it. I appreciate the response greatly
jr. member
Activity: 40
Merit: 18
Good gambling site doesn’t ask like this and if you really want to have a good one site, hire the best team that can work for you. Honestly, those who are the best site right now didn’t started like this because they came here professionally and they really want to make good business. All your questions can be answered easily by your team, know your advantages compare to your competitor, ask for investors privately.

I respect the critisism but I don't exactly have a team yet. I'm actively gone solo and planned on either programming my own site or paying for the rights to already-made code for a crash site.
full member
Activity: 2128
Merit: 180
Good gambling site doesn’t ask like this and if you really want to have a good one site, hire the best team that can work for you. Honestly, those who are the best site right now didn’t started like this because they came here professionally and they really want to make good business. All your questions can be answered easily by your team, know your advantages compare to your competitor, ask for investors privately.
jr. member
Activity: 40
Merit: 18
~
I would greatly appreciate any responses to the 4 questions I asked. Many thanks!

Even though your questions seem a bit general and superficial, I will provide an answer to you regardless, although it probably won't mean much.

1) No, I would not invest in a site where there is no reputation for trust.
2) That depends. You will have to make sure that there is some kind of incentive for the players. But even then, I would not risk big funds on a new site that does not have any reputation yet.
3) First and foremost bitcoin. As for altcoins, those that are currently the most popular and have a low transaction fees.
4) I have no idea. In order for a new casino to succeed, it must find its niche and the best way o attract players. Given the high level of competition in the industry, this is a very challenging task. If I had to decide, I would probably go for something unique and innovative, such as the most entertaining games I can come up with, or, something that has the lowest house edge possible.



trust me your responses do matter. I'm trying to collect primary research to find out whether endevouring in this will be worth my money and time. I appreciate the response, thank you
legendary
Activity: 2557
Merit: 1886
You're thinking about it backwards. Getting investors is super easy, make the perceived reward greater than the perceived risk. That's really all investors care about.

Most people don't know this, but before bustabit was the giant it is now -- there was a time the max bet was like $30 USD. It's better to start small, build up an audience and then if you want to start supporting whales -- it will be extremely easy to find investors after you're proven yourself and the need for more money.


If you want to succeed, you should be instead laser focused on players. What can you offer that the other big reputable sites don't, so that people want to switch to you?
sr. member
Activity: 2310
Merit: 355
1. It’s hard to attract investors to invest on a gambling site, but you can have more players if you offer a great service. A registered site can be your big asset to attract gamblers, work for it.
2. Sure why not? I just need to analyze it and better to have a bonus so gamblers can use that to try your platform.
3. Major coins especially those who offers cheaper fees.
4. Depends on you, if you are going to focus on a crash games then better to innovate it. Fast withdrawal and deposit is also a concern here.

Creating a gambling site is not easy at all, I hope you have the teams to work on this so you can have a smooth site. Also be ready for your capital, this is not cheap business at all.
legendary
Activity: 1484
Merit: 1355
~
I would greatly appreciate any responses to the 4 questions I asked. Many thanks!

Even though your questions seem a bit general and superficial, I will provide an answer to you regardless, although it probably won't mean much.

1) No, I would not invest in a site where there is no reputation for trust.
2) That depends. You will have to make sure that there is some kind of incentive for the players. But even then, I would not risk big funds on a new site that does not have any reputation yet.
3) First and foremost bitcoin. As for altcoins, those that are currently the most popular and have a low transaction fees.
4) I have no idea. In order for a new casino to succeed, it must find its niche and the best way o attract players. Given the high level of competition in the industry, this is a very challenging task. If I had to decide, I would probably go for something unique and innovative, such as the most entertaining games I can come up with, or, something that has the lowest house edge possible.
jr. member
Activity: 40
Merit: 18
I've been thinking about making a crash gambling site for a while, the same idea as ethercrash.io and bustabit.com.

I'm searching for opinions and responses to a few questions:

1) Would you be interested in investing in the game's bankroll if I got the site registered and provably fair? (The same way that people invest into BAB and EC)
2) Would you be interested in playing the site if I made it?
3) What cryptocurrency should the site accept?
4) What types of features should I add to interest people to join?

The primary factor that the site depends on is whether people would be interested in investing into it's bankroll. Exactly the same as the current leading crash gambling sites ethercrash and bustabit, the site will require investors in the bankroll for money to be winnable by players. If this is unclear or you do not understand, I will give a brief explanation:

There is an area of the site where you can invest and divest 'x' amount of cryptocurrency into the bankroll of the site. This essentially means that if players lose, you will gain money on your investment, but if players win, you will lose money on your investment. Functions like any other investment, except it's on a gambling site and depends on player's winnings or losses. It will be divestable at any time, with low commision.

I would greatly appreciate any responses to the 4 questions I asked. Many thanks!


[EDIT] I just want to say here that I appreciate all critisim and responses since there is a cooldown and I can't type a response to all of you individually. Thank you all
Pages:
Jump to: