New Bitcoin Casino needs loan to help get it started

[tobeyrowe]

Hi, I am needing a loan for a new online Bitcoin Casino. I do not know how long I will need the loan for so the way I am doing this is I will give up 25% of the businesses profits to the people who loan me the money until I can make enough money to pay back the loan with a 5% interest on the initial amount. So I am asking for a 50 Bitcoin loan which will go towards paying the developer, server hosting, domain name, advertisements and promotions, money to pay the winners if their are winners before I start making money which I hope doesnt happen but I will need the money there just in case it does happen, and also to have money set aside in case of an emergency. I will need at the very minimum a 20 Bitcoin loan to get it started and if I can't reach that amount then I won't be able to do the casino and I will refund everyone their money back. But the way I am calculating this is two Bitcoin for one percent of the profits for the people who loan me the money to receive so if I only get 20 Bitcoin then that would mean I would only pay out 10% of the profits to the people who loan me the money until I can pay the loan back with the interest. I have already made posts about doing something like this on another part of this forum but someone commented stating that I should post it here so that's what I am doing. Also I will instead of accepting the loan payments from the investors first before I even know if I will get enough Bitcoin to even do the casino I will just have the investors put down their forum username and the amount they are lending and if I can get enough Bitcoin pledges then I will share the Bitcoin address so the investors can then send the money so that way there is no need to refund the investors if I do not get enough and that will also keep me from having to pay the transaction fees to refund everyone which isn't that big of a deal but I would then be losing money and not gain anything. So if you guys could please fill out the form and submit it to me. Thank you and I hope y'all invest in the loan for my new casino.

Link to the Bitcoin loan pledge form.

https://goo.gl/forms/NxRUhPAZXFQ086bw2

Link to the list of pledged investors Forum Username and investment amount.

https://docs.google.com/spreadsheets/d/1lquvc5o2937_ApmQi7IZTQ5vxSfANnc-jFgzghRxQAs/edit?usp=drive_web

[mixan]

What is the casino name and what kind of games will be offered.
I just saw 50 bitcoin loan and 20 bitcoin loan. Thats all that really stood out from this post.
Any screens so far of how the development looks like as of now?

[Naoko]

Why you plan on starting a casino if you don't have money to fund it?

[tobeyrowe]

What is the casino name and what kind of games will be offered.
I just saw 50 bitcoin loan and 20 bitcoin loan. Thats all that really stood out from this post.
Any screens so far of how the development looks like as of now?

I have been pondering on different names but one that I thought of that I think would be good is Star Bit Casino and their will be at least five games offered starting out such as slots, roulette, and blackjack. And I am even thinking of possibly doing sport betting if it goes well.  And I have not been able to go ahead with the development because I don't want the developer to do work and then I can't get the funds to pay him and run the casino. But once I get the pledges I will tell him to go ahead with the work and when he has enough done up that's worth sharing then I will post screenshots of it on here.

[SaShiRaJaVu]

Why you plan on starting a casino if you don't have money to fund it?

that is what even i was thinking,you cannot start a business or casino thinking you could get funds for the start ups,first and foremost come up with the casino and during the test phase you can invite potential investers

@tobeyrowe pay the winners if their are winners before I start making money which I hope doesnt happen

you cannot start a casino hoping that no one wins,if you take a look at the other casino's they have lost 100 plus BTC to a single user,so without any backing i dont think you could start a casino,good luck with your project

[coynedterm]

since your are starting your own casino then everything is legal .
then why you are lending btc here you should go to the btcjam . there you can find better loan amount . for months .

[digaran]

Online casinos are not it, unless you cheat and rip off people.
Casinos usually have hotel, bar, restaurant and they do host parties, weddings, shows, concerts, so they are not actually depending on casino and even they lose on a game then they will earn more from other things they do.

[tobeyrowe]

since your are starting your own casino then everything is legal .
then why you are lending btc here you should go to the btcjam . there you can find better loan amount . for months .

I would do btcjam but there are two problems with that. One they do not allow for US citizens to apply for a loan, and two I need a loan without a set time frame because I do not know how long it will take for the casino to start making money so that's why I mentioned giving 25% of the profits to the investors until I can pay it back.

Why you plan on starting a casino if you don't have money to fund it?

that is what even i was thinking,you cannot start a business or casino thinking you could get funds for the start ups,first and foremost come up with the casino and during the test phase you can invite potential investers

@tobeyrowe pay the winners if their are winners before I start making money which I hope doesnt happen

you cannot start a casino hoping that no one wins,if you take a look at the other casino's they have lost 100 plus BTC to a single user,so without any backing i dont think you could start a casino,good luck with your project

That's why I need help with investors to back me up. And also I am not hoping no one will win I was saying that I am hoping that I don't have to make payouts before I can start making money but if I do have to make payouts before I start making money then I would use part of the loan to do so. But I do of course want people to win because it brings them back and makes them want to keep playing. And also like I said I cannot start asking the developer to make the casino without knowing people will invest in the loan because I do not have 50 Bitcoin to get this going and to pay the developer if I don't get any investors.

Online casinos are not it, unless you cheat and rip off people.
Casinos usually have hotel, bar, restaurant and they do host parties, weddings, shows, concerts, so they are not actually depending on casino and even they lose on a game then they will earn more from other things they do.

I will not be cheating or ripping people off, this will be a completely legit casino because I don't want to have a bad rep or lose business if I wasn't legit.