You have to be aware that if a whale hits a big run, its a huge loss on your part.
And not seeing any returns anytime soon, it goes both ways, but you have to be prepared which requires a huge investment money.
This wouldn't be a dice site where I would have to have a stash of
BTC for me to have in case of a person wins a big prize... this will be a PvP gambling site that I want to create.
then you need to learn how to use google more effectively. do a search and make sure the websites you're going to are credible. example: do a search on the status of bitcoin as a currency in terms of swiss law, and cross reference that from multiple credible sources you can find off of google. next, research online gambling laws in switzerland, etc. there isnt going to be a conveniently defined clause for you that says "bitcoin gambling hosted from x country run by a person in y country is legal/illegal."
Ok, I'll try it out and see what I can conjure up. But how would I really know if a site that I come across is credible or not in your opinion?