can i start a btc dice site with 30btc? i have 15btc left now

[ultrloa]

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

Do you have am existing investors or you will seek? Because I think 15 BTC is not really enough and might you will miss some aspects which is more important maybe try to save more and start at 50BTC since I think this is enough to start plus you can possibly have a money left for marketing and other expenses for running the site.

[Mauser]

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

15 BTC is not so much anymore compared to initial 30 BTC. I would recommend to spread your risk a bit and take in some investors. If you experience a bad beat right now you should be able to recover in the next month. Or alternatively you could try to limit the max amount people can bet on your site. When you reduce the betting amounts for a while you should be able to limit your losses too.

[gadado]

I think 15 btc is a decent amount of money. You can try to do some research online, I assume you want to do it the legal way? Then you have to buy software, and there are many, many software parties I think.
You could also consider to make some money with gambling, but that is not something I recommend

[BuNga_cute]

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

It is very difficult to find an article that explains in detail the costs involved in starting our own online casino. What is certain is that
online casino is very complex, many things must be taken into account. Such as software provider fees, gambling licenses, payment
methods, website creation, marketing and promotion costs. It's cheaper if you make an online casino without a license. To be sure you
have to make a team, have lots of money, and already understand the world of online casino. I think 15 BTC is enough to make a simple
Dice site, why don't you dare to start it. If you run short of costs, you just have to find investors.

[carlisle1]

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.

If you have that same BTC this year then surely you can start a gambling site without a doubt.

But wayback 2016 when the value of Bitcoin is just like almost a peanut compared to this date?
i'm not sure if you successfully progress this target Business.

No trolls

no trolls But you are trolling for someone and asking this ?

https://imgur.com/ToT8Llb

[Ayiranorea]

With 15 btc in hand you can surely start a dice site in my view. Here the important thing need to be considered is the max bet value, and the fairness of the script. At the beginning you can start it in a microscale letting people to gamble with small funds and a max of 0.1btc. Every gambling site have got its house edge, so there'll be assured profit out of the site. This can be used further on widening the gambling site.

[janggernaut]

No, you can't start a dice site. A popular known dice site ever need at least 200 btc to started (i can't say which dice site). It needs lot of expense to maintain your site, and then about max profit you offer to people (Ussually they are offering 1% from their bankroll as max profit, so if you opened a dice site with 15 btc, your max profit "only" 0.15 btc for each bet which i think too low and won't attract people).
 If you set max win 1 btc when you only have bankroll 15 btc, it's only need 15x wins and it wiped out all your bankroll'sote

[shoreno]

No, you can't start a dice site. A popular known dice site ever need at least 200 btc to started (i can't say which dice site). It needs lot of expense to maintain your site, and then about max profit you offer to people (Ussually they are offering 1% from their bankroll as max profit, so if you opened a dice site with 15 btc, your max profit "only" 0.15 btc for each bet which i think too low and won't attract people).
 If you set max win 1 btc when you only have bankroll 15 btc, it's only need 15x wins and it wiped out all your bankroll'sote

that site your referring to could be primedice , ive heard that too before where the owner share his experience and said to have started with that small amount of btc but now  that they are now popular and have growned alot , 200 btc is nothing to them because they have more than that .  

op is asking if he can set up a gambling site with the amount that he said , that amount is huge if we convert it all to usd or to any currency  and this is a new site , it wont get popular instanty . he will also limit the bets to the possible lowest amount and not all gamblers are going to win  . this could be enough

[Gotumoot]

I am still surprise that you are still holding that 15 BTC the thread has been around for more than 4 years now and you still haven't started your own dice site?
For me if you couldn't set up your own why not try to invest in the site's that are already doing well?
It is safer than to start from scratch and compete with so many popular dice site and it would cost too much to promote it and the outcome is uncertain.
There are so many gambling sites that offers such service you could try to invest in their bankroll and you wouldn't need to do anything.
Just my opinion didn't mean to offend you or anything.

[bitcoin31]

Im not expert in that fields on creating dice sites and I do not know the cost , but maybe the bitcoin that op that he have is good and maybe he created a dice sites rhat he want but better if he have a lot of funds or extra incase that need for the other advertising which is expensive for people know your sites. Also the maintenance to the creator to maintain the good service to the player so Op you need a plan for this.

[mardaed]

Haven't really have any ideas with it I supposed that 15 BTC would be enough but not for high rollers consider hiring developer and running promotions and probably some legal matters like license. let's say you will have 10 BTC bankroll of yours it depends on how you run it you can ask some players to be a bankroll but for that bankroll I think it could easily be wiped out if some whales comes to your website.

[janggernaut]

that site your referring to could be primedice , ive heard that too before where the owner share his experience and said to have started with that small amount of btc but now  that they are now popular and have growned alot , 200 btc is nothing to them because they have more than that .  

op is asking if he can set up a gambling site with the amount that he said , that amount is huge if we convert it all to usd or to any currency  and this is a new site , it wont get popular instanty . he will also limit the bets to the possible lowest amount and not all gamblers are going to win  . this could be enough

Fortunately, it's not primedice. I ever heard once if primedice has arounxd 10k Bitcoins as their bankroll, and that's why max profit on there 30 Btc in single bet if they are not lowering it until now (1% from bankroll).

15 btc is indeed very huge amount i knew it, but if you thinking about all matters about expense, maintenance site, max profit, etc, it won't be enough.

[stomachgrowls]

that site your referring to could be primedice , ive heard that too before where the owner share his experience and said to have started with that small amount of btc but now  that they are now popular and have growned alot , 200 btc is nothing to them because they have more than that .  

op is asking if he can set up a gambling site with the amount that he said , that amount is huge if we convert it all to usd or to any currency  and this is a new site , it wont get popular instanty . he will also limit the bets to the possible lowest amount and not all gamblers are going to win  . this could be enough

Fortunately, it's not primedice. I ever heard once if primedice has arounxd 10k Bitcoins as their bankroll, and that's why max profit on there 30 Btc in single bet if they are not lowering it until now (1% from bankroll).

15 btc is indeed very huge amount i knew it, but if you thinking about all matters about expense, maintenance site, max profit, etc, it won't be enough.

It wont really be enough but it isnt really a bad amount to start of for a new dice site but the question is, would you able to get sufficient investors for you on at least for you to proceed on?

Basing only with marketing then this is already a big expense to talk on plus on the maintenance as you said plus other factors in considerations then that amount wont be enough.

You can build but expect that it wont really be that appealing or something that can level up on todays dice sites. We cant deny that the current competition on dice industry
is pretty fierce and you cant be sure that you would really have some shot on getting along with them.

[xSkylarx]

Basing only with marketing then this is already a big expense to talk on plus on the maintenance as you said plus other factors in considerations then that amount wont be enough.

You can build but expect that it wont really be that appealing or something that can level up on todays dice sites. We cant deny that the current competition on dice industry
is pretty fierce and you cant be sure that you would really have some shot on getting along with them.

Marketing plays a big part in these gambling websites. Without these the business won't last long. It is really possible to make a dice site with only 30 or even 15 btc but the question is can it attract users on your platform. Is it enough to compete on the popular websites these days.

[FinneysTrueVision]

You can start one but you would probably have to set the max profit really low. In order to have a successful dice site you will need to attract whales with nice bonuses and a decent max profit. I think at 1 BTC max profit you would get wiped out pretty fast so I would not recommend starting until the price of Bitcoin is high enough for something like 0.1 BTC to be considered attractive enough for high rollers.

[LogitechMouse]

Some might say yes but just adjust the maximum profit but when you do that, chances are gamblers will not gamble on your site because of the low max profit that they can get.

In reality, if you have a low bankroll  you will easily get wiped out especially when those huge gamblers will gamble on your site. At least do some crowdfunding I guess or find some investors that will invest into your site. That might help you increase your bankroll but at your current BTC amount right now. Even you posted on 2016 and you have 30 btc at that time and today that you have 15 btc and the price of BTC is higher already, still it isn't enough for you to sustain your site.

[Kupid002]

Basing only with marketing then this is already a big expense to talk on plus on the maintenance as you said plus other factors in considerations then that amount wont be enough.

You can build but expect that it wont really be that appealing or something that can level up on todays dice sites. We cant deny that the current competition on dice industry
is pretty fierce and you cant be sure that you would really have some shot on getting along with them.

Marketing plays a big part in these gambling websites. Without these the business won't last long. It is really possible to make a dice site with only 30 or even 15 btc but the question is can it attract users on your platform. Is it enough to compete on the popular websites these days.

Not enough that why you need to use other ways like event thatbcan help to make players attention and when you do that again it costs another money that need to use for that event that's the reason why 15 btc and it can easily Wipeout all in just months of running  it .

For that question I guess only casino owner can give you right tips for how money they use before they start to make thier own gambling sites .

[iamsheikhadil]

At the time of writing, 15 btc is around $150,000 which is really huge. The script and everything won't cost so much more on that price. I think the max profit should be a bit lower though, else lucky whales can make great losses to you. Keeping the house edge higher for a period of time can also help building profit initially. I think, with 15 btc today you can surely make a better than average casino, and improve it gradually as you make more profits!

[RichGang]

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 But you are trolling for someone and asking this ?


[/quote]wtf man, what has that got to do with this. no trolls mean no trolls. now bounce

[RichGang]

I am still surprise that you are still holding that 15 BTC the thread has been around for more than 4 years now and you still haven't started your own dice site?
For me if you couldn't set up your own why not try to invest in the site's that are already doing well?
It is safer than to start from scratch and compete with so many popular dice site and it would cost too much to promote it and the outcome is uncertain.
There are so many gambling sites that offers such service you could try to invest in their bankroll and you wouldn't need to do anything.
Just my opinion didn't mean to offend you or anything.

these dice sites always end up running with peoples cash like dean of betking and safedice. i am never going to put 15btc into a random site. no matter how trusted they claim to be.