philiveyjr
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July 02, 2016, 07:13:59 PM |
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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.
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AcoinL.L.C
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July 02, 2016, 07:14:25 PM |
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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
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. 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.
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AcoinL.L.C
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July 02, 2016, 07:16:23 PM |
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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.
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).
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KenR
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July 02, 2016, 07:19:35 PM |
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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.
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.
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buyinbtc
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CryptoTalk.Org - Get Paid for every Post!
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July 02, 2016, 07:33:26 PM |
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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.
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
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Superhitech
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July 02, 2016, 07:39:46 PM |
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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!
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Stedsm
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July 02, 2016, 07:59:11 PM |
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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.
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philiveyjr
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July 02, 2016, 08:03:55 PM |
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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.
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). 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.
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RichGang (OP)
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July 03, 2016, 01:45:15 PM |
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You would have to make sure you understand provably fair first.
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.
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I REVIEW BTC CASINOS
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Golftech
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July 03, 2016, 01:49:33 PM |
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You would have to make sure you understand provably fair first.
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.
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AcoinL.L.C
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July 04, 2016, 02:37:09 PM |
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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.
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. 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 ~400 BTC.
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ardentvolcanoes
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July 04, 2016, 02:49:32 PM |
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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 .
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equator
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July 04, 2016, 03:21:08 PM |
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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.
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hua_hui
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July 04, 2016, 04:25:57 PM |
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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.
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. 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 ~400 BTC. 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.
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AcoinL.L.C
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Activity: 1036
Merit: 1000
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July 04, 2016, 04:48:40 PM |
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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.
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. 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 ~400 BTC. 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.
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Cyrax89721
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July 04, 2016, 05:08:28 PM |
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You would have to make sure you understand provably fair first.
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...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?
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aakashsangwan
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July 04, 2016, 05:57:14 PM |
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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).
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inoes
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July 04, 2016, 06:04:36 PM |
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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.
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Daffadile
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July 04, 2016, 06:05:58 PM |
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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.
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MyIdeas
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July 04, 2016, 06:23:10 PM |
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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.
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