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Author Topic: can i start a btc dice site with 30btc? i have 15btc left now  (Read 4422 times)
talkbitcoin
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September 11, 2016, 04:10:27 AM
 #101

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
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 .

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?

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.

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September 11, 2016, 09:09:08 AM
 #102

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.

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September 11, 2016, 11:34:32 AM
 #103

Yes you can start it but i think you should limit max bet
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September 11, 2016, 12:06:38 PM
 #104

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.
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September 11, 2016, 12:14:36 PM
 #105

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
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.....
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.

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September 11, 2016, 12:21:35 PM
 #106

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
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.....
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.


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September 11, 2016, 12:31:47 PM
 #107

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.

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.
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September 11, 2016, 12:44:11 PM
 #108

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

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.

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September 11, 2016, 02:23:56 PM
 #109

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
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.....
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.

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.

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September 11, 2016, 03:25:01 PM
 #110

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.

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

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...
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September 11, 2016, 03:37:49 PM
 #111

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.

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September 11, 2016, 03:53:47 PM
 #112

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.


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September 11, 2016, 04:59:04 PM
 #113

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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September 11, 2016, 05:07:16 PM
 #114

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.
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
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.
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September 11, 2016, 05:11:49 PM
 #115

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 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.

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September 11, 2016, 05:20:46 PM
 #116

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.
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September 11, 2016, 05:27:23 PM
 #117

I would imagine he could start one easily with 30 btc.Others have set up casinos with a lot less than that.
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September 11, 2016, 05:46:44 PM
 #118

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.
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.

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September 11, 2016, 05:50:52 PM
 #119

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.
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.
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September 11, 2016, 05:54:14 PM
 #120

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.
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.
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.
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