[Gauging Interest] Investment in a Casino

[RiverBoatBTC]

Good day ladies and gents!
I am the owner and operator of RiverBoatBitcoin.com a new casino. I have been working on this project for a couple of months and could use a infusion of capital for my business.
I would like to gauge who would be interested in investing in my business? I will hold 49% of the company due to the fact that I spent my own time and money creating the site and getting it up and running. The rest would go to share holders.
Profits would be paid weekly from our gambling profits minus expenses of server and staff.
Server is $80 dollars a month at this point price could go up with user influx.
We currently have a company that processes all over our customer service requests and orders, we pay a flat fee for this service for 1000 Help tickets a month.
250$.
Our problem at this point is, we are running out of capital and this limits our speed of growth. (all came out of my personal pocket, they are only so deep  )
We use a 40% of player losses as our profit the rest goes to our pool for winnings.

We are only looking to raise about 8BTC at this point.
Do you think 1000 shares would be to many?  1000 @ 0.008
Any advise?

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[twentyseventy]

At this point, there are a ton of online Bitcoin gambling sites - what makes yours different or how would you differentiate yourself from the competition?

[RiverBoatBTC]

Honestly I would have to go around and look at every other Casino to give you a non BS answer for how we are not different.
But I can answer the second part with no problem.

RiverBoatBitcoin.com has a couple of key strategies to gain a large market share.

Our first and primary goal will be to gain new players with constant returns. We will go about this in a couple of ways, the first and foremost being the most important MARKETING MARKETING MARKETING. The second will be to offer payments not just in BTC but many other payment types as well. We currently offer Moneybookers/skrill, webmoney/Z/R/U/E, Perfect Money, OKPAY , Wallet One, Qiwi. We understand everyone does not have bitcoins all the time and it can sometimes be a hassle to get them.
We will also be adding and changing our games around to keep a feel of freshness to our Casino, people get tired of the same old stale games and enjoy some choices.
Most of the other Casinos have either limited games not a full array, we offer a full array of table games and slot machines for our players to choose from.
We offer 24hr 365 days a year customer support, the tickets will be answered. Customer always come first! They pay the bills!
But like any business you will have competitors, we will strive be better then them in every way we possibly can to gain the trust and loyalty of our customers.

Thanks
        RiverBoatBTC

[ixne]

Honestly I would have to go around and look at every other Casino to give you a non BS answer for how we are not different.

Someone who was serious about this would have done that long before they spent any money.

Our first and primary goal will be to gain new players with constant returns.

...so your strategy is to give money away?

The second will be to offer payments not just in BTC but many other payment types as well. We currently offer Moneybookers/skrill, webmoney/Z/R/U/E, Perfect Money, OKPAY , Wallet One, Qiwi. We understand everyone does not have bitcoins all the time and it can sometimes be a hassle to get them.

Well that's brilliant. The legality of bitcoin gambling is an open and yet unchallenged question, but if you throw some fiat money into the mix you go a long way towards eliminating that ambiguity.


Pass.

[RiverBoatBTC]

Thanks for you input,

I did research the companies before we opened, but it seems they change from day to day. I do not have time to follow what the competition from day to day, do not think most people do.

Constant returns such as player returns not sure what you mean by giving money away... that is the last thing I intend to do.

I do believe you are addressing a jurisdictional issue, and we are covered in that department .


Thanks again
            RiverboatBTC

[theMiracle]

...
We are only looking to raise about 8BTC at this point.
Do you think 1000 shares would be to many?  1000 @ 0.008
Any advise?

8BTC?  Try the Lending subforum.

[_mr_e]

I'd rather just buy casinobitco.in shares on havelock. They seem to have their shit together much better then you, no offense.

[RiverBoatBTC]

I'd rather just buy casinobitco.in shares on havelock. They seem to have their shit together much better then you, no offense.

Thanks for your input every bit helps us better our business.
I looked at the site you listed, they have sportsbook betting which is the only thing we do not have that they do.(Sportsbook betting is in the works)  But we have slots which they don't.
If you could please elaborate about what you mean by "shit together" it would be more helpful to us and people reading this post to understand your point of view.

[MPOE-PR]

Have a read here. It's more than a simple matter of whether there's interest. 

[BitcoinINV]

Have a read here. It's more than a simple matter of whether there's interest. 

Do you get paid to post that link? No one gives two shits what you think.... if they did it would be stickied for everyone to read. Go back to your home on whore island you smelly pirate hooker!

[MPOE-PR]

I have already been offered a 10BTC investment, so maybe it is just a matter of interest lol.

Tell that to the growing mountain of people who found they couldn't handle taking investments or running businesses in the first place. Good fortune is nice an' all but it's not a free pass out of doing your work well; sometimes it's just extra rope with which to hang yourself.

I see you have a fan

That's the way his butthurt blows.

[BitcoinINV]

What am I butthurt about, I just see a idiot in the first degree. That is a sock puppet of another idiot, the sad part is you guys have been in business and claim to be "The bitcoin stock exchange" But you can not upgrade your site?

[MPOE-PR]

What am I butthurt about

Between failing to listen when GLBSE was called out followed by failing to listen when BTCT was called out and sinking under the waves for a year amidst the utter catastrophe of your "asset" and your utter failure to handle your loans like a person with the vaguest inkling of what responsibility means, I'd say you have plenty.

The solution is not hiding out and imagining you can come back unblemished later on à la goat. The solution is not imagining that by flailing at me, reality will change. Or imagining that an exchange is a website, or that a website needs CSS sneezed all over it. The solution is to get the picture already and listen when people who are obviously smarter and more skilled than you choose to speak. The longer you put it off like a toddler in a tantrum, the steeper your climb will be.

[RiverBoatBTC]

Hey guys, this is not a personal bashing post. Take it somewhere else please

[twentyseventy]

Honestly I would have to go around and look at every other Casino to give you a non BS answer for how we are not different.

Someone who was serious about this would have done that long before they spent any money.

Most of your potential investors stopped reading here. You cannot expect investors to be interested in a business where the owner hasn't done his market research. BTC casinos these days are a dime a dozen - it's going to take some differentiation to stand out in this market. If you're dying for the 10BTC, the lending section might be a better resource for you.

[RiverBoatBTC]

We have been standing out with players.
https://bitcointalk.org/index.php?topic=503775.msg5594486#msg5594486
97 new players today alone
Thanks for your concern

[twentyseventy]

Well, good luck with it. Just wanted to give you some feedback for soliciting investment capital; maybe it will be helpful down the road.

[DeadwoodDan]

Seriously, this is something you need a small loan for.

Nobody's going to get entangled in a bitcoin casino run by someone they don't know for 8000 dollars.