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Author Topic: can i start a btc dice site with 30btc? i have 15btc left now  (Read 4422 times)
raaajlucky
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September 12, 2016, 04:21:44 AM
 #121

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.
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. 
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September 12, 2016, 05:20:41 AM
 #122

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.
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.
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September 12, 2016, 05:26:41 AM
 #123

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.
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!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 12, 2016, 06:06:29 AM
 #124

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.
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.
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September 12, 2016, 06:31:10 AM
 #125

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.
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

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September 12, 2016, 06:49:52 AM
 #126

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

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.

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September 12, 2016, 07:28:47 AM
 #127

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

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.

R


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September 12, 2016, 08:35:53 AM
 #128

30 btc can make a small site, big site with 30 btc bankroll is too less, a whale will make you bankrupt very soon
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September 12, 2016, 08:47:23 AM
 #129

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
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
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September 12, 2016, 08:53:08 AM
 #130

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.

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September 12, 2016, 09:09:15 AM
 #131

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

but I think better to start with more capital, sth like 50btc?
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September 12, 2016, 09:13:12 AM
 #132

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
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September 12, 2016, 03:33:53 PM
 #133

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, 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.

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September 12, 2016, 11:02:23 PM
 #134

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

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

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. Grin

Vires in Numeris
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July 23, 2017, 12:46:25 AM
 #135

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.

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July 23, 2017, 01:56:14 AM
 #136

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.
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July 23, 2017, 05:15:03 AM
 #137

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.
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July 23, 2017, 07:00:09 AM
 #138

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
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.

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July 23, 2017, 07:21:15 AM
 #139

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
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

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October 28, 2020, 08:35:31 AM
 #140

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

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