SEARCHING FOR OPINIONS ON A CRASH GAMBLING SITE IDEA

[Perplex0]

I've been thinking about making a crash gambling site for a while, the same idea as ethercrash.io and bustabit.com.

I'm searching for opinions and responses to a few questions:

1) Would you be interested in investing in the game's bankroll if I got the site registered and provably fair? (The same way that people invest into BAB and EC)
2) Would you be interested in playing the site if I made it?
3) What cryptocurrency should the site accept?
4) What types of features should I add to interest people to join?

The primary factor that the site depends on is whether people would be interested in investing into it's bankroll. Exactly the same as the current leading crash gambling sites ethercrash and bustabit, the site will require investors in the bankroll for money to be winnable by players. If this is unclear or you do not understand, I will give a brief explanation:

There is an area of the site where you can invest and divest 'x' amount of cryptocurrency into the bankroll of the site. This essentially means that if players lose, you will gain money on your investment, but if players win, you will lose money on your investment. Functions like any other investment, except it's on a gambling site and depends on player's winnings or losses. It will be divestable at any time, with low commision.

I would greatly appreciate any responses to the 4 questions I asked. Many thanks!


[EDIT] I just want to say here that I appreciate all critisim and responses since there is a cooldown and I can't type a response to all of you individually. Thank you all

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[Stalker22]

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I would greatly appreciate any responses to the 4 questions I asked. Many thanks!

Even though your questions seem a bit general and superficial, I will provide an answer to you regardless, although it probably won't mean much.

1) No, I would not invest in a site where there is no reputation for trust.
2) That depends. You will have to make sure that there is some kind of incentive for the players. But even then, I would not risk big funds on a new site that does not have any reputation yet.
3) First and foremost bitcoin. As for altcoins, those that are currently the most popular and have a low transaction fees.
4) I have no idea. In order for a new casino to succeed, it must find its niche and the best way o attract players. Given the high level of competition in the industry, this is a very challenging task. If I had to decide, I would probably go for something unique and innovative, such as the most entertaining games I can come up with, or, something that has the lowest house edge possible.

[goaldigger]

1. It’s hard to attract investors to invest on a gambling site, but you can have more players if you offer a great service. A registered site can be your big asset to attract gamblers, work for it.
2. Sure why not? I just need to analyze it and better to have a bonus so gamblers can use that to try your platform.
3. Major coins especially those who offers cheaper fees.
4. Depends on you, if you are going to focus on a crash games then better to innovate it. Fast withdrawal and deposit is also a concern here.

Creating a gambling site is not easy at all, I hope you have the teams to work on this so you can have a smooth site. Also be ready for your capital, this is not cheap business at all.

[RHavar]

You're thinking about it backwards. Getting investors is super easy, make the perceived reward greater than the perceived risk. That's really all investors care about.

Most people don't know this, but before bustabit was the giant it is now -- there was a time the max bet was like $30 USD. It's better to start small, build up an audience and then if you want to start supporting whales -- it will be extremely easy to find investors after you're proven yourself and the need for more money.


If you want to succeed, you should be instead laser focused on players. What can you offer that the other big reputable sites don't, so that people want to switch to you?

[Perplex0]

~
I would greatly appreciate any responses to the 4 questions I asked. Many thanks!

Even though your questions seem a bit general and superficial, I will provide an answer to you regardless, although it probably won't mean much.

1) No, I would not invest in a site where there is no reputation for trust.
2) That depends. You will have to make sure that there is some kind of incentive for the players. But even then, I would not risk big funds on a new site that does not have any reputation yet.
3) First and foremost bitcoin. As for altcoins, those that are currently the most popular and have a low transaction fees.
4) I have no idea. In order for a new casino to succeed, it must find its niche and the best way o attract players. Given the high level of competition in the industry, this is a very challenging task. If I had to decide, I would probably go for something unique and innovative, such as the most entertaining games I can come up with, or, something that has the lowest house edge possible.

trust me your responses do matter. I'm trying to collect primary research to find out whether endevouring in this will be worth my money and time. I appreciate the response, thank you

[crzy]

Good gambling site doesn’t ask like this and if you really want to have a good one site, hire the best team that can work for you. Honestly, those who are the best site right now didn’t started like this because they came here professionally and they really want to make good business. All your questions can be answered easily by your team, know your advantages compare to your competitor, ask for investors privately.

[Perplex0]

Good gambling site doesn’t ask like this and if you really want to have a good one site, hire the best team that can work for you. Honestly, those who are the best site right now didn’t started like this because they came here professionally and they really want to make good business. All your questions can be answered easily by your team, know your advantages compare to your competitor, ask for investors privately.

I respect the critisism but I don't exactly have a team yet. I'm actively gone solo and planned on either programming my own site or paying for the rights to already-made code for a crash site.

[Perplex0]

You're thinking about it backwards. Getting investors is super easy, make the perceived reward greater than the perceived risk. That's really all investors care about.

Most people don't know this, but before bustabit was the giant it is now -- there was a time the max bet was like $30 USD. It's better to start small, build up an audience and then if you want to start supporting whales -- it will be extremely easy to find investors after you're proven yourself and the need for more money.


If you want to succeed, you should be instead laser focused on players. What can you offer that the other big reputable sites don't, so that people want to switch to you?

Great! I needed advice like this. I was tunnel visioning on the endgame thinking I needed a huge bankroll to start out with but you just gave me the reality check I needed. and you're entirely right - I would have to make the site reputable first before anyone trusts investing into it. I appreciate the response greatly

[Perplex0]

1. It’s hard to attract investors to invest on a gambling site, but you can have more players if you offer a great service. A registered site can be your big asset to attract gamblers, work for it.
2. Sure why not? I just need to analyze it and better to have a bonus so gamblers can use that to try your platform.
3. Major coins especially those who offers cheaper fees.
4. Depends on you, if you are going to focus on a crash games then better to innovate it. Fast withdrawal and deposit is also a concern here.

Creating a gambling site is not easy at all, I hope you have the teams to work on this so you can have a smooth site. Also be ready for your capital, this is not cheap business at all.

Thank you for the response, I'll take your words into consideration on whether I follow through with the idea. Much appreciated

[Stalker22]

Great! I needed advice like this. I was tunnel visioning on the endgame thinking I needed a huge bankroll to start out with but you just gave me the reality check I needed. and you're entirely right - I would have to make the site reputable first before anyone trusts investing into it. I appreciate the response greatly

I can only imagine how much work this will be, but you seem to have the right mentality. If you are planning to go into this solo, I suggest you start exploring options that make the least amount of capital requirement on the line. Keep it simple, focus on starting your own game and make it a fun hobby with the potential to turn a profit. That is where you get your initial seed money and with time, as the site takes off, more people join, more money comes in, more customers and more revenue is generated. With time, you will learn the ropes and develop a very niche business that has a positive future for you and your customers. There is no risk of big losses here as long as you start out simple and build a strong foundation. Just have fun and try to do the best you can. Good luck in your endeavors!

[AmoreJaz]

1. It’s hard to attract investors to invest on a gambling site, but you can have more players if you offer a great service. A registered site can be your big asset to attract gamblers, work for it.
2. Sure why not? I just need to analyze it and better to have a bonus so gamblers can use that to try your platform.
3. Major coins especially those who offers cheaper fees.
4. Depends on you, if you are going to focus on a crash games then better to innovate it. Fast withdrawal and deposit is also a concern here.

Creating a gambling site is not easy at all, I hope you have the teams to work on this so you can have a smooth site. Also be ready for your capital, this is not cheap business at all.

Thank you for the response, I'll take your words into consideration on whether I follow through with the idea. Much appreciated

the reason why it is hard to attain success in gambling is because of the competition that you will encounter upon setting up on your own. there are already established crash sites here and some people are hesitant to try a new site for so many reasons.

but to answer OP's questions.
1. No, because it is hard to spend money these days and you have no clue how will the site will do in the coming days.
2. yes, of course we will try on a new site. but don't expect that people will spend good amount of money.
3. btc, ltc or trx
4. race contests, and other unique promos. think outside the box.

[Wexnident]

1) Would you be interested in investing in the game's bankroll if I got the site registered and provably fair? (The same way that people invest into BAB and EC)
2) Would you be interested in playing the site if I made it?
3) What cryptocurrency should the site accept?
4) What types of features should I add to interest people to join?

1.) How does that offer exactly differ from other casinos? Not to mention that there are probably other casinos out there that have a bigger reputation base and trust worthy compared to yours. Start building up your business first before looking up investors, it can even start at a small size even.
2.) Uhm, maybe bring out the site so I can judge it? The only info given here is that you made it and in all honesty, who are you even?
3.) Major coins with cheap fees. Don't add any custom coins or shit coins imo.
4.) If it's solely a crash game, then probably make some alterations to the game itself to add some new flavor into it, if not, then well you can just get most games from game providers and it should do well. But as I said, it'd probably be better to build it up small at first.

It all comes down to you building your site slowly. No need to rush it by looking for investors, if players come, reputation grows, investors would naturally approach imo.

[Desmong]

I really respect your the way you arrange your questions so everyone that intend to respond to your questions can have an opinion to choose what they think about your offer.
Former, I will never invest in a project that has no reputation or open information for me to check if it really what my money or time. Try and make things less risky for Investors that would like to invest in your project.

[Doell]

1. Since you are starting a new, first increase trust in your platform, honestly depending on how much profit being an investor on your platform makes. More prizes for investors will attract the attention of others too.
2. Of course if you prove to be fair, anyone will play it, also if there is a lot of promotion then it will quickly attract a lot of gamblers.
3. Bitcoin and other Altcoins but especially Litecoin Xrp Doge Trx or others that support us at low fee.
4. Instant payout, but I think you must to find a manager reputable for this, they understand what do you need for that.

[michellee]

1) Would you be interested in investing in the game's bankroll if I got the site registered and provably fair? (The same way that people invest into BAB and EC)
2) Would you be interested in playing the site if I made it?
3) What cryptocurrency should the site accept?
4) What types of features should I add to interest people to join?

1. Maybe later, I will try to invest in your site after seeing how far your progress in working on your site. Usually, that is what investors will do because it is very rare for investors to invest directly before they invest.
2. Maybe. If your site has other gambling games besides crashes, I might be interested in playing on your site. Maybe you can add games like slots, cards, dice, roulette, etc.
3. Bitcoin is a commonly accepted cryptocurrency by gambling sites. But altcoins such as ethereum, litecoin, dogecoin, trx, bnb, ripple can also be added as alternative coins.
4. Features that you can add are bonuses every week, events every week, two weeks, or a month. You should pay attention to how you promote your site because promotion plays an important role in developing a site.

[Nrcewker]

1) Would you be interested in investing in the game's bankroll if I got the site registered and provably fair? (The same way that people invest into BAB and EC)
2) Would you be interested in playing the site if I made it?
3) What cryptocurrency should the site accept?
4) What types of features should I add to interest people to join?

Don’t know about myself, but yes if you can provide government signed agreement and contract, then many investors will like to invest in your site.
Rather than asking people to play or not? It would have been better if you could secretly do some research and gather some info regarding people’s interest.
Regarding the crypto currency thing, the more coins you add the more attractive it will look, and it will give players a wider range of options also.
At last, you should develop something new and unique yet interesting, so that many people will join your site.
Hope this helps you OP.

[davis196]

1) Would you be interested in investing in the game's bankroll if I got the site registered and provably fair? (The same way that people invest into BAB and EC)
2) Would you be interested in playing the site if I made it?
3) What cryptocurrency should the site accept?
4) What types of features should I add to interest people to join?

1.No. There's no point even asking this question at this point. First, show us the finished product(a fully functional website) and then ask for investors. Don't expect someone to invest in your project, just because you have made a website. Building trust is a slow and tedious process.

2.I don't mind testing your website for free.

3.Why do you even have to ask this question? Just stick with the big cryptocurrencies. You could add 1000 shitcoins, but this won't add anything to your service.

4.A bonus system, or a decent referral system, so that you could get referral traffic and the gamblers do the promotion for you(assuming that you have a great website and you are not scamming people).

[Perplex0]

You're thinking about it backwards. Getting investors is super easy, make the perceived reward greater than the perceived risk. That's really all investors care about.

Most people don't know this, but before bustabit was the giant it is now -- there was a time the max bet was like $30 USD. It's better to start small, build up an audience and then if you want to start supporting whales -- it will be extremely easy to find investors after you're proven yourself and the need for more money.


If you want to succeed, you should be instead laser focused on players. What can you offer that the other big reputable sites don't, so that people want to switch to you?

RHavar - I know this is a very subjective question, but as a ballpark figure, how much would a crash site of the same-or-more complexity of current leading sites such as bustabit cost to make? I understand that this is something I would have to bring up to whoever I am paying to make the site, and I have done this already but I want to know your estimation of how much it would cost just so I know whether I am being ripped off or not.
(Anyone else who sees this also feel free to give me an estimated figure if you could, it would be appreciated)

[TimeTeller]

You're thinking about it backwards. Getting investors is super easy, make the perceived reward greater than the perceived risk. That's really all investors care about.

Most people don't know this, but before bustabit was the giant it is now -- there was a time the max bet was like $30 USD. It's better to start small, build up an audience and then if you want to start supporting whales -- it will be extremely easy to find investors after you're proven yourself and the need for more money.


If you want to succeed, you should be instead laser focused on players. What can you offer that the other big reputable sites don't, so that people want to switch to you?

RHavar - I know this is a very subjective question, but as a ballpark figure, how much would a crash site of the same-or-more complexity of current leading sites such as bustabit cost to make? I understand that this is something I would have to bring up to whoever I am paying to make the site, and I have done this already but I want to know your estimation of how much it would cost just so I know whether I am being ripped off or not.
(Anyone else who sees this also feel free to give me an estimated figure if you could, it would be appreciated)

I don't think someone can estimate that for you, what are your priorities to set-up a site?
Domain, hosting, developing the site, depends on the developer that you will get here.
Better if you have dedicated developer here as his job is continuous, it is not just about setting-up your site.
And the price depends on your arrangement with the developer. This plus your initial bankroll.
Maybe you can find someone here to estimate the developer's cost, an actual dev or owner would be your good resources.

[Haunebu]

It won't be easy finding investors for a completely new site op and you clearly know why. Why in the world would any investor want to invest in a new site where the risk is higher when compared to investing in a popular site where the risk is lower?

This is why you should focus on building trust and reputation like some of the posters mentioned above in order to attract investors op.