Own a profitable gambling site. Looking for investors

[BitSlayers]

Hey everyone,

I own a gambling site that is currently doing around $15,000-$25,000/day in wagers and netting around $1-2k/day. I was new to the gambling space when I first started out and since then have learnt a tremendous amount. The first few months of running the site were very rough because we didn't have the right developers at the time. In addition to that I was very eager to get started on marketing and had spent a ton on marketing when the site simply wasn't ready.

Since then we've found new developers and worked on the site non stop to the point where it has gotten 10,000s of sign ups and where we're making profit every day. Because of the steep learning curve and all of the hurdles we went through the site has sadly ran out of budget other than the few thousand dollars it makes a day. It's nice money but it's not enough to scale fast to the level where I want to be at. If I were to reinvest all the money it makes daily would also take a while to grow.

I'm looking for an investor to join me in taking the site to the next level. I'm looking for approx. $100k-$200k. If anyone is interested they can comment their Telegram or other preferred way of communication.

I hope that this is the right section to post this,

Thanks!

[Hispo]

I have got a simple question to you.
why in the world you come here to ask for money to strangers instead applying for a loan to your local bank (which is whatany serious business would try in the first place)?  

I am letting you know, you are not the first one who comes here asking for money and you won't be the last one.

[entebah]

I have got a simple question to you.
why in the world you come here to ask for money to strangers instead applying for a loan to your local bank (which is whatany serious business would try in the first place)? 

I am letting you know, you are not the first one who comes here asking for money and you won't be the last one.

i read the OP's post but it's different he is looking for an investor not a loan and i saw a few gambling website doing this too

[alertoriole]

go to a bank looking for 200k loan for an online gambling site? Impossible task. Is it a crypto site and what access would someone have that decided to invest?

[Nrcewker]

The profit you generating, and the investment you are asking is currently very big. I would highly doubt anyone would join this, as this is also about gambling business. Moreover I would suggest you to reinvest the profits that you making in a day towards the site and have some cash burn at the initial stage. This will be better and help you to grow your business at the later time. If you still need investment, I would suggest you to go to Shark Tank, and pitch your gambling business idea in front of them. For a smaller equity of the site, they might invest the desired amount by seeing the daily profits you are generating.

[Wexnident]

The Marketplace would probably be the better place for you. Maybe in the services section of it? Hardly doubt a lot of people in this section actually want to be investors, they're more on the side of enjoying casinos instead (and would probably not risk investing (lending) money to a stranger on the internet)

[BitSlayers]

I have got a simple question to you.
why in the world you come here to ask for money to strangers instead applying for a loan to your local bank (which is whatany serious business would try in the first place)?  

I am letting you know, you are not the first one who comes here asking for money and you won't be the last one.

This is a good question. There's a few reasons:

1. I cannot take out a business loan as I would get rejected as the business hasn't been around long enough
2. Getting a loan from banks for online gambling is very hard as underwriters don't really touch this niche
3. Can't take out a personal loan as I do not have credit nor do I have a "normal" job which banks like to see if they give personal loans.

These are just some of the reasons, hope it helps you understand.

[yahoo62278]

Hey everyone,

I own a gambling site that is currently doing around $15,000-$25,000/day in wagers and netting around $1-2k/day. I was new to the gambling space when I first started out and since then have learnt a tremendous amount. The first few months of running the site were very rough because we didn't have the right developers at the time. In addition to that I was very eager to get started on marketing and had spent a ton on marketing when the site simply wasn't ready.

Since then we've found new developers and worked on the site non stop to the point where it has gotten 10,000s of sign ups and where we're making profit every day. Because of the steep learning curve and all of the hurdles we went through the site has sadly ran out of budget other than the few thousand dollars it makes a day. It's nice money but it's not enough to scale fast to the level where I want to be at. If I were to reinvest all the money it makes daily would also take a while to grow.

I'm looking for an investor to join me in taking the site to the next level. I'm looking for approx. $100k-$200k. If anyone is interested they can comment their Telegram or other preferred way of communication.

I hope that this is the right section to post this,

Thanks!

Ok so I have a problem with your story. You're making $1k-2k a day and you're looking for someone to invest $100-200k? If you ran out of a budget, how are you making $1-2k a day? How are you able to afford paying if someone wins? $100-200k should be the budget you have now IMO if you're making $1-2k a day. How can money be running out if you're making that much a day?

I think you might need to provide more details in order to actually find someone who may be interested.

[bitbollo]

What is the collateral for your request? Even if you're running a profitable website... you're asking a loan so a collateral is a must.

by the way, to be honest with such numbers,
-you can easily ask for a couple of million dollars in any bank and be able to pay without efforts...(edit: I have see the previous explanation but if you are able to earn such amount daily in a couple of month you have around 50-100K USD available as collateral/investment)
-or just in 3 months you can earn the amount you "want" for taking your site to next level (isn't a crazy time at all...)...
-or you can start asking this amount to friends, family, colleagues etc etc

I don't know but such request made by newbie with 1 post looks always suspicious or maybe I am just looking to much lending section + scam accusation board

[BitSlayers]

Hey everyone,

I own a gambling site that is currently doing around $15,000-$25,000/day in wagers and netting around $1-2k/day. I was new to the gambling space when I first started out and since then have learnt a tremendous amount. The first few months of running the site were very rough because we didn't have the right developers at the time. In addition to that I was very eager to get started on marketing and had spent a ton on marketing when the site simply wasn't ready.

Since then we've found new developers and worked on the site non stop to the point where it has gotten 10,000s of sign ups and where we're making profit every day. Because of the steep learning curve and all of the hurdles we went through the site has sadly ran out of budget other than the few thousand dollars it makes a day. It's nice money but it's not enough to scale fast to the level where I want to be at. If I were to reinvest all the money it makes daily would also take a while to grow.

I'm looking for an investor to join me in taking the site to the next level. I'm looking for approx. $100k-$200k. If anyone is interested they can comment their Telegram or other preferred way of communication.

I hope that this is the right section to post this,

Thanks!

Ok so I have a problem with your story. You're making $1k-2k a day and you're looking for someone to invest $100-200k? If you ran out of a budget, how are you making $1-2k a day? How are you able to afford paying if someone wins? $100-200k should be the budget you have now IMO if you're making $1-2k a day. How can money be running out if you're making that much a day?

I think you might need to provide more details in order to actually find someone who may be interested.

So we're not "running out of money". We're profitable but we're not making the amount of money where we can aggressively scale ad campaigns. Regarding your question on why we're making money currently it's because we've done a decent chunk of marketing in the past and players tend to stick around and they keep coming pack. Regarding your question about bankroll we have max bet limits which allow us to have a lower than average bank roll. We don't have any issue with bankroll. The only *issue* we have is that I want to scale the business because with our current daily profit it will take us a long time. An influx of cash would allow us to grow a lot faster. If you have any more questions I'm more than happy to explain.

[bitbollo]

Influx of cash "would allow us to grow a lot faster" mmm
As I have stated before and if math is not an opinion, if you can earn 1K-2K daily... you need around 100 days (maximum ... 3 months) to have the amount you're asking as loan.
3 months I don't know but it doesn't sound to me "such long time".

[BitSlayers]

What is the collateral for your request? Even if you're running a profitable website... you're asking a loan so a collateral is a must.

by the way, to be honest with such numbers,
-you can easily ask for a couple of million dollars in any bank and be able to pay without efforts...(edit: I have see the previous explanation but if you are able to earn such amount daily in a couple of month you have around 50-100K USD available as collateral/investment)
-or just in 3 months you can earn the amount you "want" for taking your site to next level (isn't a crazy time at all...)...
-or you can start asking this amount to friends, family, colleagues etc etc

I don't know but such request made by newbie with 1 post looks always suspicious or maybe I am just looking to much lending section + scam accusation board

Hey! So I'm not really looking for a loan although I am open to it if the conditions are correct. I can understand your skepticism but I'm more than happy to walk through the whole business with whom ever is serious. Also I explained it earlier but maybe you didn't see... banks don't really touch gambling sites and don't give loans for such things. And even if I found a bank to give a loan for it they'd ask for at least 1 year of bank statements and other documents that I simply don't have as we haven't been around for that long. 

[BitSlayers]

Influx of cash "would allow us to grow a lot faster" mmm
As I have stated before and if math is not an opinion, if you can earn 1K-2K daily... you need around 100 days (maximum ... 3 months) to have the amount you're asking as loan.
3 months I don't know but it doesn't sound to me "such long time".

Correct. An influx of cash would allow us to grow faster. I'd rather not wait ~4 months if a deal can be made that benefit both parties. I thought I'd give it a try to see if anyone is interested. If no one is interested then fine, but at least I tried to solve my problem of wanting to grow faster. And again I have no issue showing a potential investor the whole site, backend, anything they'd want to see.

[robelneo]

Influx of cash "would allow us to grow a lot faster" mmm
As I have stated before and if math is not an opinion, if you can earn 1K-2K daily... you need around 100 days (maximum ... 3 months) to have the amount you're asking as loan.
3 months I don't know but it doesn't sound to me "such long time".

Correct. An influx of cash would allow us to grow faster. I'd rather not wait ~4 months if a deal can be made that benefit both parties. I thought I'd give it a try to see if anyone is interested. If no one is interested then fine, but at least I tried to solve my problem of wanting to grow faster. And again I have no issue showing a potential investor the whole site, backend, anything they'd want to see.

When it comes to anything that involves financing and it happens to be a casino and it involves a huge amount the best option for both parties is they can both meet and talk personally post your location and ask members here if there are members who are from the same location as yours for meet I think you can have three to five people to pool to come out with that amount, another option is to contact a casino or a gambling operator in your location whether online or offline and ask for partnership, making a deal will be easy and smooth since you two both knows how things are running.

[Don Pedro Dinero]

Well, I've always thought it's better to invest in a casino than to gamble in the casino, but I can't invest at that level.

To the OP I would say that if your business proposal is sincere, understand the scepticism, as scams abound in this world, and this forum has seen a few.

Does the casino have a licence, even if it is a typical Curaçao licence? I would imagine that a potential investor, if he/she decides in the end, would want to leave everything legally signed.

[Solosanz]

So we're not "running out of money". We're profitable but we're not making the amount of money where we can aggressively scale ad campaigns. Regarding your question on why we're making money currently it's because we've done a decent chunk of marketing in the past and players tend to stick around and they keep coming pack. Regarding your question about bankroll we have max bet limits which allow us to have a lower than average bank roll. We don't have any issue with bankroll. The only *issue* we have is that I want to scale the business because with our current daily profit it will take us a long time. An influx of cash would allow us to grow a lot faster. If you have any more questions I'm more than happy to explain.

Why need to be hurry if you can able to scale your business for waiting for next few months only? I don't think waiting for 100 days or 3 months and 10 days are really hurt.

Since you're a newbie and there's no way to prove if you're own the website, making $1-$2K everyday etc, I believe no one in this forum will invest into your casino.

However I have a good solution for you, why you're not create investment bankroll in your casino? so you can get more capital if there's high roller invest in your casino, without need to trust in you via personal.

[aioc]

Hey everyone,

I own a gambling site that is currently doing around $15,000-$25,000/day in wagers and netting around $1-2k/day. I was new to the gambling space when I first started out and since then have learnt a tremendous amount. The first few months of running the site were very rough because we didn't have the right developers at the time. In addition to that I was very eager to get started on marketing and had spent a ton on marketing when the site simply wasn't ready.

Since then we've found new developers and worked on the site non stop to the point where it has gotten 10,000s of sign ups and where we're making profit every day. Because of the steep learning curve and all of the hurdles we went through the site has sadly ran out of budget other than the few thousand dollars it makes a day. It's nice money but it's not enough to scale fast to the level where I want to be at. If I were to reinvest all the money it makes daily would also take a while to grow.

I'm looking for an investor to join me in taking the site to the next level. I'm looking for approx. $100k-$200k. If anyone is interested they can comment their Telegram or other preferred way of communication.

I hope that this is the right section to post this,

Thanks!

Complete the details so potential investors will not waste time contacting you to ask more questions,
If investors come from the other side of the globe what kind of contract or deals you can offer
what kind of guarantee your potential partners will get in case he invest  $200k
What kind of license does your casino have, your casino has good potential in the industry if it's true that it has 10k signs up but you know it's not the sign-ups but those who wager that count.

[Maus0728]

That's quite a lot.

With the current influx of bitcoin casino's in and out of the forum, I think it would be best lay out all the necessary information your casino have to ascertain whether your "profitable gambling site" have an edge among others. Listing only the number isn't something that an investor should only know. But hey, that's just me.

[Daltonik]

Hey everyone,

I own a gambling site that is currently doing around $15,000-$25,000/day in wagers and netting around $1-2k/day. I was new to the gambling space when I first started out and since then have learnt a tremendous amount. The first few months of running the site were very rough because we didn't have the right developers at the time. In addition to that I was very eager to get started on marketing and had spent a ton on marketing when the site simply wasn't ready.

Since then we've found new developers and worked on the site non stop to the point where it has gotten 10,000s of sign ups and where we're making profit every day. Because of the steep learning curve and all of the hurdles we went through the site has sadly ran out of budget other than the few thousand dollars it makes a day. It's nice money but it's not enough to scale fast to the level where I want to be at. If I were to reinvest all the money it makes daily would also take a while to grow.

I'm looking for an investor to join me in taking the site to the next level. I'm looking for approx. $100k-$200k. If anyone is interested they can comment their Telegram or other preferred way of communication.

I hope that this is the right section to post this,

Thanks!

Well, to begin with, you could give a link to your gambling site, so that a potential investor could evaluate its potential. If it works and attracts attention, then maybe you could also just increase the number of players, otherwise it's just not clear what it's about.

[davis196]

Do you have an announcement thread for your gambling website on Bitcointalk?
Did you run signature campaigns on Bitcointalk in the past? If yes, what where your marketing results?
Asking for a 100K investment for a website that is currently making 1-2K per day seems unrealistic.
I don't understand one thing. Those 1-2K per day are more like revenue, or they are just pure profit? If you are making 1K per day in profits, just keep saving those profits for 3-4 months and then re-invest the money in the casino. 1K per day is 30K per month and 120K after 4 months. Just cut your costs and save more money. I don't believe that anyone would trust you enough to give you 100K USD.