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Author Topic: can i start a btc dice site with 30btc? i have 15btc left now  (Read 4422 times)
bithasher
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July 05, 2016, 04:11:53 PM
 #61

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.
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July 05, 2016, 04:28:52 PM
 #62

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.

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July 05, 2016, 04:29:53 PM
 #63

I think its enough to start your own gambling for me  its a huge money to start a small gambling casino.
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July 05, 2016, 04:46:38 PM
 #64

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.

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.
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July 05, 2016, 04:56:49 PM
 #65

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
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July 05, 2016, 05:14:36 PM
 #66

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.
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July 05, 2016, 05:17:19 PM
 #67

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.
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July 05, 2016, 05:26:58 PM
 #68

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
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July 05, 2016, 08:07:54 PM
 #69

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.

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.  Tongue

 
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CryptoBjorn
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July 05, 2016, 09:39:19 PM
 #70

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

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.
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July 05, 2016, 11:32:58 PM
 #71

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
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.
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September 09, 2016, 11:33:56 AM
 #72

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.
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September 09, 2016, 12:52:57 PM
 #73

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.

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September 09, 2016, 01:52:37 PM
 #74

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.
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.
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September 09, 2016, 02:13:44 PM
Last edit: September 09, 2016, 02:35:49 PM by ninjada
 #75

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

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.
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September 09, 2016, 02:16:24 PM
 #76

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.

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September 09, 2016, 07:58:26 PM
 #77

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.



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September 09, 2016, 08:28:38 PM
 #78

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.
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September 10, 2016, 12:47:13 AM
 #79

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

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.

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.
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September 10, 2016, 07:08:35 AM
 #80

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

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