Does investment option is the important feature for a gambling site?

[Cryptogames]

Just out of interest, how important is this feature for Bitcoin holders?

[LiteCoinGuy]

 

i dont understand your question.

[Kakmakr]

The language thing, makes things a bit complicated. Ask your question in your language, and we will try to translate it, to make it a bit easier on you. It's difficult to answer questions, if you do not understand what the person is asking.

Are you asking if it's important to include an investment option in a gambling site? If that is the question, the answer in my opinion would be, YES. Any growing business reach a stage where personal funding cannot carry the growth and the maintenance of the site. External funding is always welcomed, but in gambling the risks involved with this is huge for the investor. You still have the option to provide the opportunity for investment. 

[Cryptogames]

Exactly. The question I want to answer for myself is: what is the priority of adding "investment option" to the website? It's a lot of things to work on. New games, user interface upgrade, etc. I did some research, but it's better to back it up with personal opinions of Bitcointalk users.

[sherbyspark]

Exactly. The question I want to answer for myself is: what is the priority of adding "investment option" to the website? It's a lot of things to work on. New games, user interface upgrade, etc. I did some research, but it's better to back it up with personal opinions of Bitcointalk users.

Its important for the site owner because they can set up the site in a risk free way if they don't want to bankroll the site but just want to run it an take commission. As for the gamblers , its just an option to invest in a +EV plan .

[adzino]

Just out of interest, how important is this feature for Bitcoin holders?

Adding investment option will help you have bigger bankroll. Higher bankroll = Higher Max win, right? So site will attract more high rollers.

[DebitMe]

But also, having investors means lower profit for the house (aka you).  If your starting out, it is probably not necessary and you won't have the big whales gambling on your site until you have made some reputation anyway.  So start your site off, gain some trust and notoriety, then, if your bankroll prohibits your expansion, open up investor based options.

[RussianRaibow]

Just out of interest, how important is this feature for Bitcoin holders?

There are various types of bitcoin gambling sites in existence. Only dice or similar ones accept investment in bankroll. There are also some site where investment itself is gambling. Which one you are asking about ?

[Cryptogames]

Just out of interest, how important is this feature for Bitcoin holders?

Adding investment option will help you have bigger bankroll. Higher bankroll = Higher Max win, right? So site will attract more high rollers.

Yeah, high rollers love high Max Bet. Additionally they favor bigger spread between Min and Max Bet and we're good at it, right now.

But also, having investors means lower profit for the house (aka you).  If your starting out, it is probably not necessary and you won't have the big whales gambling on your site until you have made some reputation anyway.  So start your site off, gain some trust and notoriety, then, if your bankroll prohibits your expansion, open up investor based options.

Straight to the point. I'm still able to increase the bankroll without investments from the side. It worked fine for me yet.

[adzino]

But also, having investors means lower profit for the house (aka you).  If your starting out, it is probably not necessary and you won't have the big whales gambling on your site until you have made some reputation anyway.  So start your site off, gain some trust and notoriety, then, if your bankroll prohibits your expansion, open up investor based options.

Lower profit for the house? Investors share loss with the house too. So it's even. And most sites don't give investors 100% of their profit. They give around 85-95%. The rest 15-5% is used for the site development and maintenance.

[Cryptogames]

Just out of interest, how important is this feature for Bitcoin holders?

There are various types of bitcoin gambling sites in existence. Only dice or similar ones accept investment in bankroll. There are also some site where investment itself is gambling. Which one you are asking about ?

We have Dice, Minesweeper and Slots. Wheel of Fortune will be released soon. But how the type of a game influence "investment option"? As far as I understand it increases bankroll that gives an ability to set higher Max Bet.

[DebitMe]

But also, having investors means lower profit for the house (aka you).  If your starting out, it is probably not necessary and you won't have the big whales gambling on your site until you have made some reputation anyway.  So start your site off, gain some trust and notoriety, then, if your bankroll prohibits your expansion, open up investor based options.

Lower profit for the house? Investors share loss with the house too. So it's even. And most sites don't give investors 100% of their profit. They give around 85-95%. The rest 15-5% is used for the site development and maintenance.

Yes lower profit for the house, if you have the entire bankroll then you keep all the profit (if your a casino with a -EV and not idiots you will eventually be in profit), if you own 50% of the bankroll, then the other 50% minus whatever part of profit your charging your investors is gone.

So yes, it is lower profit for the house and most certainly not even.  You would not make as much money having half the sites bankroll compared to the entire thing.