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I will like to know if i can start up a casino dice site with 30btc including bankroll.
Am looking at a site with a max profit of like 1btc.
If yes, how?
If no, how much btc do I need.
Only reply if u got ideas about this.
No trolls

IMHO a good dice script will cost around 10-20btc, expenses on promotion is not included so i think you need around 75btc to start your own dice site and if you set your max profit to xx percent of your bankroll you could be empty in short time

yeah sure you can and try to make an investing system that will help you a lot to collect a high house edge and limit max btc per bet to 1 btc max and you need a high luck to start winning because it is hard at the start but is not like gambling by you self you will start earning in the second month so make sure that after all you start making profit.

I think moneypot is the best platform to run dice sites as 30 BTC is not a large amount when you are going run gambling site, better option hire a dev and make something interesting dice app like betterbets.io and than your app will get more higher bankroll and with some interesting promotion you can get some high rollers there.

sure you can make some nice dice site with that , actualy not all gambling site started if he have bankroll .
im still remember about 999dice for the first 2014 site profit only have 30BTC,
and I think that the site is not fully start gambling with their capital, I think jiga someone win for sure at the same time there are people who lose.

it can be said that the gambling site only gives the arena a game for gamblers kill each other :D

You would have to make sure you understand provably fair first.

btw how much your site for first bankroll dean ?
I think on our site is a battle against investors :)

You can start a successful dice site with just a few dollars. What really matters is how you do it.




edit

999dice is not provably fair and is accused a scam.

I have an idea use your Bitcoin to find a programmer that will make you a unique dice application then use that application in moneypot. You only need application in moneypot, the bankroll will be provided by moneypot itself.

But from what I noticed from comments 999dice is not provably fair and they might tinker with your rolls.
So having low-medium bankroll when they can recover from huge winning bet of some users is completely fine.

Op, maybe 30 BTC is not the optimal bankroll if you want to start the business, but I am sure your site won't attract whales at first, so you don't have to worry about potential high payments.

You're almost better off investing in a pre-existing site with that amount of BTC.

I'm not saying it cannot be done.. absolutely it could be. But you'll likely spend most of that in development.

There is a site I know of with great returns. And you could own 1/4 of the bankroll with 30 BTC.

https://dicesites.com/betking It has 4600+BTC which is pretty good amount, I think 30BTC is not good amount to get start the dice site because unique dice would cost you more and than you will have low amount there to offer 1BTC as maximum profit.

I think there's screenshots or forum posts of bankroll of 10 Bitcoin or so back in April 2014 :)
It was very small compared to today and it was crazy to watch it shoot up even when you were sleeping.

So it can be done but then I built BK/PRC myself and didn't have to pay anyone to do so.

I can personally remember when your site was barely bankrolled...

It used to be white too.. And have a name oddly similar to an adult toy. :D

i'm sure you can get a site up and running. keeping it running and sustainable's another matter.

what thought have you put into security? there'll be hackers circling like flies that's for sure.

Thanks for all your contributions.
As for the suggestion of me investing in another site bank roll, I don't want to do that. I prefer playing against the house.
I want to start up independently. I have seen small sites with bank roll of less than 30btc. My plan was to invest 90btc in this project but that will be too risky considering the fact that its something i am trying out for the first time.
From the suggestions , I guess I will have to relax for a while and keep gambling. When I accumulate more coins , I will then return to try out.
Thanks again for all ur contributions.

hey mate do you have dice strategy to win? just got curious why you don't want to invest with an existing dice site and build or create your own i think 30 btc can start but not that big but there's a lot of opportunity mate we never knew what will happen maybe you can win big and start the business
good luck to you buddy. pm me if you have any strategy okay.

You can start Moneypot dice site for free, and invest 30BTC to make it better.

Considering the moneypot and the building of the site, I think it's not enough. You need atleast 100btc I think because you need clients too and by that you need a person that will introduce your site so that people may know it. So you need a third which is a campaign for your site to be known. 30btc is too low for that I think.

If you have 90 btc to put in, you better start doing this project then. It takes literally 20 btc or so to build a site, I mean a good site and it will need some marketing for your site to be known so if you are using moneypot's service then you can build a great site with this amount

You can start with that amount of btc but you can not earn 1 btc fast it takes a long journey to earn unless if you are promoting it in many different ways .. and you can generate huge amount of visitors daily honestly if you just make a gambling site without promoting it you can get 1 btc fast better to plan it first..

I guess it was more than enough, even you can start with 15 or 10 BTC. possible so you can get money every day from the pieces they do in a site that you created. the result may yet not too much, but if it continues, I think it would actually managed to make you get a big profit

i agree .
it is even possible to start with a smaller amount.

but i think it is even better if you do start with smaller amount, especially if this is your first project then you shouldn't make big risks you can always increase your investment later.

You sure you aren't this guy?? >>>> https://bitcointalk.org/index.php?topic=1484684.0

Well I don't see why with 30btc no one can fund a casino, I believe you will spend 10 btc to make a good script and layout, then you must make promotion being from signature or networks companies soo lets say 7btc a month to massive advertise your project.The success or not will always depend from the community accepting and trust your project.
Casino plays with members money soo those should  be more then enough to handle payouts ,if the house gets around 1% on each bet above it makes no sense and this fee may not be enough to cover all the costs to run such project.

You can start dice site with that amount! Its not enough fpr serious gamblers but there is a lot of people who play with low amounts.
Just limit maximum bet! That way you can avoid big players to come, with time you can rise it if you see site is profitable enough. Also ise that time to attract some investors and make your bankroll higher. Normally good site will habe more potential and when investors see your site if its good you will have more chances for success,

yes mate small capital needs you to limit the maximum bet hired professional dev / programmer and make sure that you know how the system works, many gamblers start in a small amount bet and try to win from time to time you just needed to take advantage from them and collect those small amount, if you collect or earn already you can start changing the the maximum bet and wish for your luck that no one wins big from your sit. good luck.

Maybe it's enough for your hot wallet, but it's not include the promotion like bonus and a campaign like twitter and signature campaign for spread your dice site.

Well i think its enough and its a huge money to start a small gambling casino prmotion is easy you can start in small rate here in our forum before you can start to increase the rate depends how much they promote you sites.
The hard thing is how to secure your gambling casino..

30 bitcoin seems to be a great starting budget. Remember you need to reserve at least 10 bitcoin for the house. With 20 bitcoins left (14k) you should be able to build and secure a gambling site and have some marketing budget for the promotion.

yeah i think it needs a plan and budgeting so that you can not lose your business fast.. and i think in the first time you will experience in losing but if you manage it well this is your business and you can passively earn daily..

Even if 30btc is enough for the bankroll, this only satisfy for the players with small bets. If you want to gain more profit from those players with bigger bets, you need to think of ways to increase the bankroll. A lot of people dont like to gamble at places with only low max bets.

Lol, a 10 BTC bankroll would = ~0.10BTC max win, its not nearly large enough for players. Casinos make next to nothing from dust/little players, all of the profit lies in the larger players.

In my (biased) opinion, your best bet would be to build off of MoneyPot.

In my (unbiased) opinion, you shouldn't try and build this alone with your current budget (30BTC), as you will have an extremely hard time getting players. Especially people who like to martingale due to the low max win (meaning reduced chances to double down).

One person can win 30 BTC from one bitcoin balance. It is possible, but you risk losing your entire bankroll. I do not risk anything close to what a site can pay.

30btc is plenty. What do you mean how ? Buy a script or hire a programmer or learn to do it yourself. Also you would need to learn how to manage finance and calculate house edge and decide if you will use ref or not and make sure u can afford it. Also you need an email system and database. Dont forget advertising.

There are too many scammers out there. Unless you do the coding yourself, don't do it. How would you know if the developer won't put a secret code and scam you? I wouldn't trust anyone other than myself in a business like this.

If you worried about your bankroll you could always use moneypot. They are good to use they will give you your bankroll and handle the financial stuff without you having to worry. I would recommend this if you are worried about money. Also then you will have more to spend on advertising on site design.

I like his post . not that's not me. He is talking of investment, I am talking of gambling.

Where did you get your knowledge from ? Are you still living in 2013 when bitcoin prices were really low ? Those numbers would only make sense if it was 2013.10-20 btc for a dice script ? What is it ?Written on the papyrus rolls by the Kings of Egypt ?Shut the fuck up dude if you don't have an clue about it,just don't misguide people.

safedice like site you can start with . may be :'(

Yes it should be enough. A lot of sites like coinroyale and prc started off with a smaller bankroll, and then built it up slowly. You can also chose to start accepting investments if your sites gains a lot of traction.

A completely custom site will cost at bare minimum 10-20 BTC. Thats only ~7-14k USD.

Funny you are calling someone out for not knowing what they are talking about, when you don't as well.

30 BTC is not enough to start a gambling business if you are providing your own software/hosting/bankroll.

When there were no other options out there... The fact is, its a crowded market. What competitive advantage would he have over any other casino out there? If you can't figure out a competitive advantage, don't start the site (and that goes for every business).

I'm specifically talking about the "script",its common sense if you're budget is as low as 30 bitcoins why would you needa  custom script with everything written from scratch ? You can easily buy pre written scripts as cheap as 2 bitcoins.Everything else is not my point of interest.What I do know is,you don't need 10-20 bitcoins to hire a programmer to write a script if you're low on a budget.That would be a stupid thing to do.

well even though it is possible to buy a cheap script or just write it yourself and then start rolling it though there might be people who will win big money and you will lose money then

i think you can actually start it to be honest but it wouldnt be a good website most probably and it would be really hard to start making money with it, though its just my opinion

Like people have said, moneypot is probably your best bet if you want to start a dice site, as they provide a bankroll for you.

However, OP, do note that a lot of your funds will have to go into advertising and promotion for your dice site, as there are so many moneypot dice sites out there. You will have to think of something unique, and to attract users.

Do you know how to code? Try finding a trusted friend who can be a business partner that can code, as if you can't code you may run into some problems along the way, even if you have a premade dice script.

Perhaps, don't even start a dice site. Try finding a different game altogether that is unique and fun, and no site has yet. 30 BTC is a lot of money, and it has the potential to make something big if used correctly. Good luck!

I think that if you are to start a site like Primedice, you need at least 100 BTC in order to run it smoothly and without any hacks, you also need some knowledge of the script so that the developer may not run away taking your coins.

While I agree with that, the question was if the funds are enough for get some traction. Which I am sure he will. The competition part is the next step. Even a guy with 200000 BTC won't be able to wipe out his competition on his site.

Dude stay off my thread. You already stole my account with referrals. Its people like u that make me wanna start up my site soon.

well mate if you really planning to start just because of personal experience that might rush you up but studying the game and the business will
help you understand, the amount of your btc can be possible to start a small dice site just make small project and start and it will allowed you
to learn and keep learning, good luck buddy share the site here so we can help you up if ever.

You can also buy a Freelancer.com clone, an AirBnB clone etc.. Doesn't mean its worth the money. And honestly, if you are trying to self-bankroll your own casino but cannot afford $10k on software... You shouldn't be operating a casino.

Again the max win isn't nearly big enough, martingale players (which is a very large portion of BTC gamblers) would not play there because their runs would be capped out (i.e. they can only double down to "x" amount). A few months ago we (MoneyPot) had a few complaints about this, and not from whales but from mid sized players. And that was with a bankroll of ~400BTC.

i think 30 btc would be enough to start a dice site but to make it sure you should ask for an advise to those who have already run a dice site but i don't know if it can be possible . because i know it has an additional expenses .

It is upto you that how much you wanted to invest, as some one told if you are purchasing the ready script that will cost you less , so that balance you can put in investment and some btc you can use for advertisement like signature campaign in this forum. IF your site gets famous you will start getting investors.

a few month ago, i thought the bankroll of moneypot already have reached 600btc or even 800btc. Or are you referring to the period when moneypot is just being bought over? Otherwise i keep feeling that the bankroll of moneypot is actually quite huge.

MoneyPot hit 600/800 range like a month - month and a half ago I believe. We were operating under 500 BTC bankroll for the first few months.

Well...he's not wrong.  The pinnacle of these dice sites is the ability to prove your rolls aren't "rigged."  How would you go about proving it on your own site if you think his is incompetent?

I think 30 bitcoin is less for initiation of a dice site. I also have plans of starting some gambling site but due to lack of funds I can't open it so soon. As far as I have researched, my knowledge says you will need somewhat around 80 bitcoins(at least).

make new gambling site with 30BTC ?
i think its better if you use your btc for invest to gambling site.

but if you want to make new site i think you need have good team for that.

You don't even need that much, that's plenty. You can always use moneypot if you worried they fair and take a small cut but it's worth it since they handle everything and you won't have to even worry about it. So I would suggest doing that as opposed to using your own funds. Then maybe later you can use your own funds to increase profit and use that profit to advertise.

That amount is enough for starting a casino site, I do not have experience in starting a casino site, but I am a web designer and i have started a lot of sites including forums like this one etc, I will suggest you to start another category as I think in casino sites the members you get will be lesser.

It is decent and reasonable amount to start dice site.All you need is heavy marketing with promotion.Keep some contest and you will see rush of people.You can set the maximum winning limit according to your bankroll.Not every site came out with huge bankroll many just increased their bankroll step by step once they were making profit.You can use same strategy by not taking out money and reinvesting and recapitalizing.

I think it is not enough for a dice site only has a capital 30btc. maybe if someone bet a large amount, you will go bankrupt in a heartbeat.

it is better to invest in the casino, and maybe 30btc can get results fairly high.

I think its enough to start your own gambling for me  its a huge money to start a small gambling casino.

Seeing a lot of posts like this. If people would stop trying to pad their posts for sig campaign payouts that would be wonderful.

Attempting to start a dice site with 30 BTC will result in a failed business which = waste of your time and loss of capital. It is not nearly enough to launch a site that will succeed. Assuming you spend just 10 BTC on development+marketing that leaves you with a 20 BTC bankroll. The type of bets you receive with a bankroll like that, are dust bets. Assuming variance doesn't give you a bad bounce, you still wouldn't make enough to cover hosting on a monthly basis.

The part I bolded in someone else's response above is all you need to know. Its easy for people that don't know what they are talking about and have none of their own capital at risk to tell you that you should risk your capital doing something.

I think that this amount is more than enough to start your casino or btc dice site easily, of course you need to consume a part of this amount in advertising and promote your website and that's need some budget as known

yes, this money enough to create your Dice site. 30BTC is ok to create a site but to maintaining the site and promoting your site you need some extra coins, i think. Yes, suppose it failed means you need some coins to run this site. Off course edge, house profit is high here, but some bad luck comes it fails this coins will not be enough. So according to me it increases to 50BTC then you can quickly run Dice site.

Yeah, this amount is reasonable to get started with dice site but script must be unique to attract big rollers, UI is very important for any dice site so try to keep it simple and with some advertisement and promotion you can make it successful.

It's more than enough to build some great dice site. The only matter is finding someone that able to handle the site operation and having a great trust so either site owner and developer will not scam on the future

No it will be fine, thats why you keep max bet at 1% of your bankroll and make good use of the kelly. Just lower the bets thats all. Unless the owner offers people investment options this would boost the bank roll significantly.  :P

Finding a developer is not a real problem if you work with a company and a NDA (non disclosure agreement), having said that you will need to find a skill developer who can really do this.
Not only the gaming element but also the security of the site. Most sites die an early birth because they got hacked. Make sure you don't become one of them.

You can make big profit if you have bankroll like that. But why you looking for site which just has max profit 1 btc? You cant make profit more than 1 btc in a bet then.

Probably yes because it is too huge money 30 bitcoin is almost hundred of thousands in our currency (Philippine Currency). You can create a business in here what I mean is franchising business. But I guess if you dont have time in making business gamble is an option but a good strategy is a mass.

I think 30 btc is enough to start a new dice gambling site but you have to set max profit at 1 btc or lower.  Hence, you can avoid unexpected result that may occur.

Well, he doesnt mean franchise. What he meant is dice site. Yeah 30btc is a lot for franchise but he is saying dice site dude. The fact is if you will make a dice site that is quite too low. Script, promotion, bankroll, and everything you need 30btc is not enough for a gambling site.

Hi,

I'm a developer and also have some bankroll, if you are serious about it, send a pm mate.

also experienced with marketing and promotion, with over 4.5 millions private gamblers email addresses.

Minimum is 1 btc, I guess, just buy a dice srcipt to make money. If you want to have a profitable site, 30 btc is too less, you need to make marketing campaign, signature promo, and freerolls for new comers.

I think this can work just if you limit bets of the player's. Of you don't do that some high roller will come and take everything you have very fast. With that amount you need to concentrate on small bet player's, I know its less profit in with that, but over time you will make more money and you will increase you bet limit.
In my country, and in others also, if you don't try you will never know, so I wish you luck my friend. I hope you will be successful in bitcoin gambling.

start with balance 30 bitcoin I think the fair has its advantages 1 bitcoin The most important play it cool Do not get carried away want to win bigger, it will make you fall into defeat play key is patience player thus making a profit for yourself, not because of rough play take advantage of it wrong I hope you are lucky.

I think all these thinks can be resolved if one got money because they can find suitable persons to handle all those thinks, but the question is whether the 30BTC is enough or not? As many other guys suggested, it is not a good amount to start new dice site so instead of wasting time and money better to invest that amount in some other place to grow.

Yes you can but with low bank roll you have to set max profit per bet lower which will not attract big gamblers.

I remember the biggest dice site primedice started with hundreds of btc, and it includes the bankroll of private investors. So 30 btc is not a big amount if you want to build a big site

I think so 30btc is nice amount to get started for new dice site, mostly it depends on maximum profit and what the bankroll you will be offering there, so if you have interesting script for dice game than it would nice to run this business and surely you will catch attention from players with unique script.

I think 30 btc is a large amount of bitcoin to start a dice game or business better to try a small amount to start your own dice site and monitor it.. if you can afford to just increase the amount if your players are increase.

yes mate 30btc is not that big if you will going to target big venue of bettors but if you will start small just limit the winnings and betting percentage in no time you will able to earn a lot you just needed to have a good script and a good quality design to attract more players if you can give more give away there would be more gamblers that will play with it. good luck

Really you people saying start a dice site with 30 btc isnt enought? What you need soo 1000btc to start such project? He will spend maybe 1-2 btc into the script, then he has a 25 btc as bankroll, knowing the house will keep atleast 1% of the all bets it will be enought to run such, if op wanna to have more trust he can open the bankroll for investors.

correctly . with 30 BTC we could do various things. including building a website dice.
The most important is that we can build a website we become a trusted website dices.
it can give users the confidence to play at our website.

Yeah, it's very unusual for us and also very beneficial for the long term if we use 30 BTC for the business potential in the bitcoin (gambling). The trust is indeed the most important thing to wear, because without the trust of our business customers will not run well and we do not have the opportunity to help everyone

30 BTC is a little lower for starting that site, as with that you will able only to manage the site while you will need some more higher amount for its advertisement, without which you will not be able to earn and without advertisement it is sure that your site will die sooner.

That does not matter because you can build the number 1 site by just starting with even 10 bitcoins, by limiting maximum bet amount and hence increasing the maximum bet with time and as the site grows. The important thing is that you must have a fluent site and I believe you can that done within 2 to 5 bitcoins.

Right, and what I have seen from my personal experience that hardly even 5 bets are made that claim the maximum bet amounts so why worry about that ? Most of the gamblers are small and will bet with 0.01 or 0.1 so I will always focus more on building the site with more features and spending an extra bitcoins for just features.

If you have no knowledge of building your own site better to hire one that can do .php or other languages hat can protect your databa of your site..
For your first time better to always online so that if someone are manually withdraw you can review it fast and process his withdraw.. you should et it for manual withdraw so that you are far in hackers..  to drain your wallet..

I do agree that most of the gamblers are playing with a small amount but just imagine if any one big player come in means and site owner may lose all his money so it is better to increase bankroll before starting a dice site. In this $30 BTC he needs to spend money for site development, maintenance and marketing mean he may need at least 10BTC for it and left with only around 20 BTC, and that is too small according to me.

Who will spend money on the site promotion and marketing? Also, you need to have a good team to maintain your site always up without having any issues means site maintenance cost. Just by building the site you can't star making money from it. Also, few big players start playing and if they win few coins each then you bankroll will reduce much and also you might have heard people own larger than 25 BTC in dice games.

in my opinion the amount of btc that you have hold for dice gambling site is less . but i will suggest you should start a faucet site instead of gambling because there are many number of sites which provide the fascility of gambling but there are very less site which provide a better way to collect btc through faucet . in faucet site you will need small amount of btc .i think you can start your work with 4-5 btc only .

Why would he invest 4-5btc into a faucet if he can make it for less then 1 btc i do believe you are talking about a big faucet costs, faucet arent a waste of time, but the return will come slowly, with a casino or dice project he can get faster and much more then from faucets, where you will need to balance income with outcome and in the meanwhile make your costumers happy.

I think you can start with 30 BTC, although it is a simple site. but you also have to create a design that is very comfortable to look at, so many people who come to your site to sign up and play. besides the most important is to create a promo that candidates interested players to play on the Website. well, all just depends on how you set up 30 BTC was a good gambling site

yes mate 30 btc can start a decent small one but you need to consider to buy a good script and be very creative regarding to a design
as of that capital you need to limit your betting system place maximum bet to a lower bet and make good promotion, good luck mate.

That amount can start you a dice site and many other things on the side if you like.
That is a huge amount of capital to just be putting into a dice site. :D

Both of thee types of sites have a lot of competition, in my opinion, 30 BTC is a great capital, but OP has to have a good idea of what he wants to do before he can start his business. What will make his site unique?

Yes Bro You Can Start A Bitcoin Dice Website But For Make You Site Popular You Need Very Effective Ways Of Promotion, But If I Have 30 Btc Then I Don't Open a Gambling Website I Put My Money Into Another Project Like I Made An App.....

that is a very good point about knowing what to do before starting but you can always take partners.

we can never know everything that is why working in a group is always better, you use other people's skills and also brainstorm about the future, growing your business and also the problems that you face in the future.

I guess it sufficient funds to run the site in the site dice dice because no one can win playing dice game, i mean overall their statistic will lose.

Yes you can start it but i think you should limit max bet

I think new dice sites won't be able compete with old and trusted sites, there's no point starting a new dice site if you don't have something unique in your site. also if you limit the max win/bet below 1 btc folks might not even play.

Well it his decision to make a gambling site but i guess 30 btc wouldnt be enough because those amount would be  only enough for the dice script. hence, there are lot needed also  to make a website and even on how you promote it would  cost you some money for sure. 30 btc is not  enough. Same as you said  if i had that money i wouldnt build  a gambling site rather i would invest it onto trading.

30 btc is little bit enough but he got get those cheap dice script and i think those site using it for now is already down or shall we say didn't got good response, so its much better for him to have a lot of budget to upgrade more things and to have more apealing site to the public and thats why he must add some money unto it so he can get a good site with good security so people could trust to play at his site.

New sites also can compete with old sites, but they need to spend a lot of money on promotions and marketing until people trust a site. For that, I don't think 30 BTC is a good amount to start because he may need more than half of his money just to develop a site and for marketing so left very less amount for bankroll. It is very risky for site owners to run with small bankroll.

wow 30 btc? its more than enough to play dice i think, but for new site, i don't know. i think you can start with site that recommended by member on here and i think you can reduce your bet, don't use all 30 btc by the same time, and if you lose, you will not lose all 30 btc, besid e that you can keep the rest if you want to play in other site.

Yes, there are lots of things to consider when you  intend to build a gambling site as you said   it must be presentable to the  potential players if they saw that its a good designed website maybe they would intend to play and also its security it must be prioritize so that  players  would be  confident on putting  up their funds  on your website also on promoting  your website which could really cost you a lot.

I will say based on this and the riskiness that have been identified why dont you build teams but be ready to share the profit when they start coming in by doing that the fund you have will be enough and also you reduce the risk and your objective is achieved. The team I mean is  someone to build the website with a stake in the business, another to draw the terms etc with a stake as well...

These are one of the easiest of the casinos to start operating from.
It has low overhead because you don't need too much in the line of graphics on the screen so definitely low bandwidth is needed to accomplish this.
That is where some of the cost lies is with the service provider and the plan you are allowed to take and not having to worry about going over your allowed limit.

you can start a new dice site with 30 bitcoin and it is enough but starting only is not enough for you to become successful.

so in order to start making profit and make people come to your dice site and play you would need to give away some money, like promotions and faucets and also you have to advertise like signature campaigns and all of these also need money.

i think 30 btc would be enough to start a dice site but to make it sure you should ask for an advise to those who have already run a dice site but i don't know if it can be possible . because i know it has an additional expenses .

I don't know what you are talking about here.
The issue is if 30btc is enough to run a dice site? And the answer is yes. Spend about 5-10 bitcoins on the design and the program and 1-3 bitcoins for advertisement and the rest for bankroll. With that, I am pretty sure you're going to be able to maintain your site.

You need to give us more information.  When you ask can you build a good dice site for 30 BTC, you are giving us the impression that you are able to do something with the build.  If you are not able to do nothing on the inside to make this go other than put up the money, I do not think it would be worth your while.  If you are able to provide code or something like that, then you could make it work.  If you are just looking to have someone else do the work, do not bother, the professionals already have this covered.  If you can add to the project, other than money, lets see what you got; I have assisted others with less get further.

It's nice amount to run a btc dice site and I also think this would be nice amount, if dice has unique look and a script which made from scratch than it will be great to attract the players, that is why I also think if anybody has skill to promote than he can run dice with 30BTC.

I would imagine he could start one easily with 30 btc.Others have set up casinos with a lot less than that.

And who actually gambles for such huge amount ?
I never gambled with more than 0.2 bitcoins at a time and even if I had 1000 bitcoins in my wallet I will still bet with 1 bitcoins maximum so I think yes 25 bitcoins are more than enough to start a site and you can get more sharks ( big gamblers ) with time.

But, starting with too low may also result in the site getting dumped because of the fact that users can not win any significant amount. I think yes its god to increase MAX bet amounts by time but its always good to have a high MAX bet amount in starting so that you can use it to attract more users.

Yes, only limited gamblers can bet more than 1 BTC. According to me, 90% people in online gambling they play below 1 BTC are betting. So yes this is enough money to start a good gambling site. But creating and launching is easy maintaining is tough. He must have a good team to maintain, and the house will keep 1 or 2%  of the bets will enough to run the site. It is just my opinion.

I am not sure with 30 BTC we can start our own casino site or not. To creating site charges and maintaining charges and Marketing charges everything you can manage with this amount, but the Bankroll is the main problem here better side you need to increase your Bankroll. 

If I talk technically then around 2 bitcoins will be invested in designing and scripts and around 3 bitcoins will be more than enough to advertise and give bonuses to popularize the site. Now the fact that how much you want to offer users for winning in a single bet then even 1000 will be less and sometimes even 25 can be more than enough.

casinos have always had a solution for this and that is limiting the max bet size. in dice games the maximum amount you can win is limited by limiting the amount you can bet and also the amount of multiplier that you can choose on this. otherwise they will all risk going down as some person can make a 1BTC bet and put the multiplier on (1 Million X) and if the site is provably fair there is always a chance of win for him and if he wins the site has to either go down, not pay the player or work for the rest of their lives to pay him!

30 whole bitcoins are too much for a gambling site for me. it is all about planing. if you use moneypot platform your expenses will be reduced too. and advertisments also don't cast that much.(if you want long term signature advertisement you can run it from sit'es profits). the most important thing is the bankroll,. moneypot also helps in bankroll. free faucets with full of balance etc are from their.

I also felt that the 30 BTC is a lot of money to create a gambling site. you can create a very luxurious gambling sites with such capital. even you might make two different gambling sites. you just need to think about how the site can bring many benefits for you. Well, it all just depends on how you can take advantage of the 30 BTC

IMO 30 BTC is not enough to start a dice site because you'll need around 20 BTC only for scripting the site. But if you already have the script or if you can do it by yourself then you can spend your 30 BTC on promoting and maintaining and this amount will be sufficient to run the site for several months.

I believe so 30 btc is huge amount but not a good one to start a fully operational dice site since it need even more budget to run smooth but just a little piece of suggestion to OP since he got 30 btc on his hand, why don't he get some partner so they could have split the payments aswell us he can do the rest of the job for him, and it could be a good start for his project if he could really get more people who could contribute for his plans.

30 btc can make a small site, big site with 30 btc bankroll is too less, a whale will make you bankrupt very soon

are you kidding if you want to lose all your bitcoin with gambling site donate to us its really a big help if you gonna do that gambling is not solution gambling is not just you gonna place a bet and then win and bruh for sure you gonna lose it all try bustabit its easy to earn profit there in a minute

Yes it's possible,although you have to carefully research the market and organize your budget so you can provide a stable working site and payment system,which is what users really want and if you provide that they'll come to your dice site.Just look at other sites such as primedice and try to make your site in terms of service and fast payment similar to that.

I think you can do it, and get some investors afterward...

but I think better to start with more capital, sth like 50btc?

30btc for making a gambling site is OK but if you are thinking 30btc for the bankroll it is pretty small amount as it will be easy to empty your bankroll before you can win in the long run. however you can open investments in your site but you have very low chance to get good amount from investors at first coz of trust issues

Yes, you can to make dice website with 30btc bankroll if you limit higher bets, for example make max bet like 1btc but I think your profit won't be higher with limited bets because your website's customer will be small players and big players never play there. Also if you are going to make provably fair dice, thank I think you need better bankroll and if you can't that, than make an investment place in your website like many other dice website has but if there will bi investors, than some percent of profit will be your and some of them will be for investors.

I think op has only the capacity to invest with 30 btc's only and for me that is going to be enough already to start his own dice site.

Including or not the webhosting service and other  programs that he needs in able to start building out his own dice site.

But he must be fair to his players or else he is going to become a richman fast in no time. ;D

Yes you can make but with 30 btc bankroll the max profit per bet will not be big.it won't attract most of big whales so your profit won't be big.

well i think you can start dice site with that kind of amount of btc but still doesnt enought to promote your gambling site, maybe you will gonna have a player but it won't help you to earn big. you can still save it up and make more 30 btc in that case you can really start a gambling dice site where big whales gonna go and play on your site.

He has 30 btc, I am sure it is enough to make dice gambling site. I don't think that it is less amount, but problem is every new gambling site has face full of competitions. Because in online world now a huge online gambling sites are working, and mostly sites have earned but few gambling sites couldn't earn, even they have promote them, but still their earning rate is less and they are not in a profit.

I think 30 btc is enough to be used as a bankroll, it is unlikely that the sites they run directly get big players because gamblers must be wondering if these gambling sites are trustworthy so they will start try to play from a small amount. and im sure if the owner of the site seeing the player increased, they have another option by offering investment.

30btc is indeed enough for bankroll but if I have 30btc to manage a dice site then I would prefer to use moneypot as the bankroll. With moneypot then I would not need to think about bankroll so I can use the 30btc for the advertising, developing, and building the site. 0l

i still have 15btc intact. do you think it is a good idea to start up a dice site with investors?

Do you have am existing investors or you will seek? Because I think 15 BTC is not really enough and might you will miss some aspects which is more important maybe try to save more and start at 50BTC since I think this is enough to start plus you can possibly have a money left for marketing and other expenses for running the site.

15 BTC is not so much anymore compared to initial 30 BTC. I would recommend to spread your risk a bit and take in some investors. If you experience a bad beat right now you should be able to recover in the next month. Or alternatively you could try to limit the max amount people can bet on your site. When you reduce the betting amounts for a while you should be able to limit your losses too.

I think 15 btc is a decent amount of money. You can try to do some research online, I assume you want to do it the legal way? Then you have to buy software, and there are many, many software parties I think.
You could also consider to make some money with gambling, but that is not something I recommend :)

It is very difficult to find an article that explains in detail the costs involved in starting our own online casino. What is certain is that
online casino is very complex, many things must be taken into account. Such as software provider fees, gambling licenses, payment
methods, website creation, marketing and promotion costs. It's cheaper if you make an online casino without a license. To be sure you
have to make a team, have lots of money, and already understand the world of online casino. I think 15 BTC is enough to make a simple
Dice site, why don't you dare to start it. If you run short of costs, you just have to find investors.

If you have that same BTC this year then surely you can start a gambling site without a doubt.

But wayback 2016 when the value of Bitcoin is just like almost a peanut compared to this date?
i'm not sure if you successfully progress this target Business.
no trolls But you are trolling for someone and asking this ?

https://imgur.com/ToT8Llb

With 15 btc in hand you can surely start a dice site in my view. Here the important thing need to be considered is the max bet value, and the fairness of the script. At the beginning you can start it in a microscale letting people to gamble with small funds and a max of 0.1btc. Every gambling site have got its house edge, so there'll be assured profit out of the site. This can be used further on widening the gambling site.

No, you can't start a dice site. A popular known dice site ever need at least 200 btc to started (i can't say which dice site). It needs lot of expense to maintain your site, and then about max profit you offer to people (Ussually they are offering 1% from their bankroll as max profit, so if you opened a dice site with 15 btc, your max profit "only" 0.15 btc for each bet which i think too low and won't attract people).
 If you set max win 1 btc when you only have bankroll 15 btc, it's only need 15x wins and it wiped out all your bankroll'sote

that site your referring to could be primedice , ive heard that too before where the owner share his experience and said to have started with that small amount of btc but now  that they are now popular and have growned alot , 200 btc is nothing to them because they have more than that .  

op is asking if he can set up a gambling site with the amount that he said , that amount is huge if we convert it all to usd or to any currency  and this is a new site , it wont get popular instanty . he will also limit the bets to the possible lowest amount and not all gamblers are going to win  . this could be enough

I am still surprise that you are still holding that 15 BTC the thread has been around for more than 4 years now and you still haven't started your own dice site?
For me if you couldn't set up your own why not try to invest in the site's that are already doing well?
It is safer than to start from scratch and compete with so many popular dice site and it would cost too much to promote it and the outcome is uncertain.
There are so many gambling sites that offers such service you could try to invest in their bankroll and you wouldn't need to do anything.
Just my opinion didn't mean to offend you or anything.

Im not expert in that fields on creating dice sites and I do not know the cost , but maybe the bitcoin that op that he have is good and maybe he created a dice sites rhat he want but better if he have a lot of funds or extra incase that need for the other advertising which is expensive for people know your sites. Also the maintenance to the creator to maintain the good service to the player so Op you need a plan for this.

Haven't really have any ideas with it I supposed that 15 BTC would be enough but not for high rollers consider hiring developer and running promotions and probably some legal matters like license. let's say you will have 10 BTC bankroll of yours it depends on how you run it you can ask some players to be a bankroll but for that bankroll I think it could easily be wiped out if some whales comes to your website.

Fortunately, it's not primedice. I ever heard once if primedice has arounxd 10k Bitcoins as their bankroll, and that's why max profit on there 30 Btc in single bet if they are not lowering it until now (1% from bankroll).

15 btc is indeed very huge amount i knew it, but if you thinking about all matters about expense, maintenance site, max profit, etc, it won't be enough.

It wont really be enough but it isnt really a bad amount to start of for a new dice site but the question is, would you able to get sufficient investors for you on at least for you to proceed on?

Basing only with marketing then this is already a big expense to talk on plus on the maintenance as you said plus other factors in considerations then that amount wont be enough.

You can build but expect that it wont really be that appealing or something that can level up on todays dice sites. We cant deny that the current competition on dice industry
is pretty fierce and you cant be sure that you would really have some shot on getting along with them.

Marketing plays a big part in these gambling websites. Without these the business won't last long. It is really possible to make a dice site with only 30 or even 15 btc but the question is can it attract users on your platform. Is it enough to compete on the popular websites these days.

You can start one but you would probably have to set the max profit really low. In order to have a successful dice site you will need to attract whales with nice bonuses and a decent max profit. I think at 1 BTC max profit you would get wiped out pretty fast so I would not recommend starting until the price of Bitcoin is high enough for something like 0.1 BTC to be considered attractive enough for high rollers.

Some might say yes but just adjust the maximum profit but when you do that, chances are gamblers will not gamble on your site because of the low max profit that they can get.

In reality, if you have a low bankroll  you will easily get wiped out especially when those huge gamblers will gamble on your site. At least do some crowdfunding I guess or find some investors that will invest into your site. That might help you increase your bankroll but at your current BTC amount right now. Even you posted on 2016 and you have 30 btc at that time and today that you have 15 btc and the price of BTC is higher already, still it isn't enough for you to sustain your site.

Not enough that why you need to use other ways like event thatbcan help to make players attention and when you do that again it costs another money that need to use for that event that's the reason why 15 btc and it can easily Wipeout all in just months of running  it .

For that question I guess only casino owner can give you right tips for how money they use before they start to make thier own gambling sites .

At the time of writing, 15 btc is around $150,000 which is really huge. The script and everything won't cost so much more on that price. I think the max profit should be a bit lower though, else lucky whales can make great losses to you. Keeping the house edge higher for a period of time can also help building profit initially. I think, with 15 btc today you can surely make a better than average casino, and improve it gradually as you make more profits!

no trolls But you are trolling for someone and asking this ?


[/quote]wtf man, what has that got to do with this. no trolls mean no trolls. now bounce

these dice sites always end up running with peoples cash like dean of betking and safedice. i am never going to put 15btc into a random site. no matter how trusted they claim to be.

why are all of u so focused on marketing. most of the sites i know dont even do marketing and they still have huge players. wolfbet is one

If that so, you can start your own gambling site. And with that 15 btc, I think it is enough to start the gambling site.
It is no matter if the site is small, as many gambling sites start from scratch. As long as you can serious with your site, I think you can do that, and you can grow your site slowly.
The matter is how serious you can build your gambling site.
But I wonder why you don't create your gambling site from a long time ago? If you build your site in the past, you can grow the site and from time to time, and you will see the site will get many gamblers.
Maybe you can also ask the other gambling site owner to know how to run the gambling site.

That is true but Wolfbet is successful and trustworthy for a long time now. It doesn't need to work on reputation and attracting new players. Also, they very often have campaigns here on forum.
But if someone tries to run a new site it has s very long and difficult road ahead and in that road marketing is very important. Although, only few survive at the end and become successful, so it's not an easy task at all.

I think anyone with that much bitcoin would have the sense to figure out how to set up a BTC dice site, and yes you could certainly do it with 15 BTC left over. It might cost 1 BTC to buy an established bitcoin site (check out the digital services section of this forum) and you could use the remaining 14 BTC to fund any bets that people want to place and build up a reliable stream of advertising to get it established.

But the post created in2016 mate and the value of Bitcoin that time is too much cheaper comparing to the value today.
so basically that time that He created this post that 15btc won't be enough to start a decent casino or  Dice site.

But today of course that 15 Bitcoin can start not only a dice site but a Casino instead.

Not really, wolfbet also focusing their marketing by running daily  wager race with prize $1000 to attract more people come to wager and gamble. Their signature campaign also back and just running for first week.

It's different story if your site is old and popular enough, so you don't need any marketing (example, Primedice), people will come playing to your site by their own will.

Yeah, what I think there are lot of gambling sites recently. And there are lot of trusted old site, I don't know they have done marketing or not but they are trusted since long. If they think they will not do marketing now they can skip it because they have already lot of players. But if you now start the new gambling site then you have to do marketing to reach in the TOP of the list.
btw it's not true that wolfbet does not do marketing, they are still running signature campaign in this forum. :)

They have opened an active marketing called signature campaign, check it out: https://bitcointalk.org/index.php?topic=5283311.msg55418139
Also if you don't run good marketing or you didn't introduce your casino in a good way I didn't think anyone will play on it since there's a lot of casinos right now.
Marketing, including promotions is one of the best strategies to gather players on your casino.