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Author Topic: Own a profitable gambling site. Looking for investors  (Read 538 times)
rby
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February 10, 2023, 07:14:15 AM
 #21

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.
After reading Op, I saw an investment opportunity but due to past events that happened, especially in this forum. I am simply gripped by scepticism.  Op haven listed the specs such as influx and net profit. I expected them to say aboutthe registration and legal aspect of it. Also drop the link to the site unless for a certain security reasons

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piebeyb
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February 10, 2023, 07:31:18 AM
 #22

I think you are in the wrong place because in this forum you will not find the investors you are looking for and you want, if you are sure that the gambling site you are building can be successful, in fact you can borrow money from a bank or a moneylender if you want to develop it.

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February 10, 2023, 07:43:01 AM
 #23

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!

  -    If your gambling site business earns around 15k$-25k$ a day based on your story, why are you looking for an investor worth 100k$-200k$?

I don't know if you are looking for a business partner in that regard, or just an investor for that amount? in case someone invests, what will be the benefit to those investors from what you say, mate?

if it's only 100k$ in days you can accumulate that with the 15k$ you earn from your gambling platform.

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Alisha-k
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February 10, 2023, 08:06:37 AM
 #24

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)?  Roll Eyes

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.
getting a loan has never been the best option, it is an alternative option and should not be promoted.

If you can't be of help or you're not interested, I'll suggest you do not try to poison with your choice of words, the minds of those who may likely want to jump on the opportunity.

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February 10, 2023, 08:07:03 AM
 #25

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'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.
You just spoke well @ yahoo62278, because to be frankly speaking I find O.P's statement to be fishy, because as someone who is looking for investor, I expected him to have provided the necessary details needed for examination, such as the name of his/her casino, the casino license provider and all social media handle, so that an investor could have a prior investigation and decide if to invest or not, but O.P never provided any. And I also support what "Hispo" said about O.P go seek a loan from bank to help finance his business

 
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February 10, 2023, 08:10:24 AM
 #26

It's fantastic that you've mastered so much and are now running a prosperous gaming website. It's not simple to start anything from nothing and see it through to success, so please accept my sincere congratulations. Ideally, you'll be able to find a backer who is as enthusiastic as you are about taking your site to the next level, and I wish you the best of luck in your search  Grin Grin

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February 10, 2023, 08:29:30 AM
 #27

<cut>
And again I have no issue showing a potential investor the whole site, backend, anything they'd want to see.

It is impressive to see that your site is currently generating daily wagers in the range of $15,000 to $25,000 per day since you say you haven't been around for that long. That means you had a lot of traffic and conversions from the start, or you have already attracted some loyal followers who enjoy playing your games. Can you share more info on your site and how it all got started? It would also be cool to see some data on your user base, their growth, and how engaged they are. Lastly, what's your plan for taking things to the next level with the investment?

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February 10, 2023, 08:56:05 AM
 #28

...
Hey! So I'm not really looking for a loan although I am open to it if the conditions are correct.

The loan must be repaid, the investment may fail due to "bad market conditions".

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 Smiley 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.

Well, take a look at this:    
Ultimate list of crypto Gambling sites that offers investment in the bankroll - https://bitcointalk.org/index.php?topic=5247587.0

Check how others have done it, it seems much more serious than looking for investors through the forums. Some of these casinos are no longer in business, for all sorts of reasons, but let's not go off topic...

I understand you can show everything, and sorry for my suspicion, but I have seen many scams. It's possible to make everything look great just to attract investors, with fake players and their deposits/withdrawals. It's easy to fool unexperienced people...

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February 10, 2023, 09:02:39 AM
 #29

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)?  Roll Eyes

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.

Since you're asking for an additional flow of funds what guarantee can you give to your partner that it will become profitable and how long before the ROI of your investors, you have to present in a way that will make your fledging casino profitable once the investment comes in, do you have a ready presentation or roadmap once your potential investors pour in $200k this is not a small amount, so you have something and that something is appealling to your potential investors.

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February 10, 2023, 09:36:02 AM
 #30

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)?  Roll Eyes
In business, there are ways you can gather investors, but you have to give them a roadmap about the business you are setting and letting each of them know what would be the profit per percentage gain. This is common in new but promising business, but it is done by reputable and well known person which can attract investors, it is not done by a stranger like OP.

Only what strangers do is to make some attempts to let people pay and he will scam them. This is just a scam.

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February 10, 2023, 09:57:36 AM
 #31

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.

You do not seem to read the thread carefully. He already answered to your ideas previously.
I think its a fair offer, even though there is no website or payback rate mentioned.

I think its important to get to know you personally before investing 200k.

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February 10, 2023, 10:03:22 AM
 #32

$100-$200k is a lot of money and it's hard to believe anything new. sorry not I doubt you.
It seems very difficult to find investors here who want to invest in your gambling while you have just joined this forum and you have not written in detail about your goals. so there are still many questions and doubts that will be written in the replies.

I just have an idea, if indeed you can make $1-2k/day, why don't you try applying for a loan at your local bank?
if indeed your business is real and has a steady income, I think local banks are willing to provide loans according to what you need and that's better than you looking for investors here.
because several times threads like this often appear here instead of looking for investors to develop their gambling business and in the end no one believes them at all.

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February 10, 2023, 10:07:39 AM
 #33

You can do this on your website. Just have an option to invest, so some of the players will give you their funds to bankroll your casino. In return you will share your profits with the investors. Looking for investors on this forum usually not a good idea especially when you are a newbie. Nobody will trust you.

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February 10, 2023, 10:54:12 AM
 #34

I want to ask about the profit money you get before. Where do you use that money? Aren't you can use it to invest in your site by upgrading or hiring a team that will strengthen your casino's position and provides better services for your members? Are you not depositing in your account to help develop your casino site?

Maybe at this time, my advice is to keep collecting the profit you get for a month and I think you can use it to make repairs or upgrades to your site. That $100k-$200k is a lot of money and not many people want to invest it in a business before they know who their business partners are and it's also not easy to convince them that your casino can really make a profit.

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February 10, 2023, 11:21:59 AM
 #35

You can do this on your website. Just have an option to invest, so some of the players will give you their funds to bankroll your casino. In return you will share your profits with the investors. Looking for investors on this forum usually not a good idea especially when you are a newbie. Nobody will trust you.

Yes, that's a good suggestion. If the platform has a strong and loyal player base, it may be a good idea to allow them to invest in the platform. This can help build a sense of community and investment in the platform's success, and also provide a source of funding for the business.

However, If the OP is gunning for traditional investors, reaching out to potential investors through his personal or business connections, or other more established channels is probably the way to go. And, having a solid business plan and financial projections in the mix before trying to get investments definitely can't hurt.

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February 10, 2023, 12:05:58 PM
 #36

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!

This is bullshit investment offer. Do you really expecting that someone will give you 100k-200k via online without any contract that will guarantee safety of the investors money. If you are really serious then you should present the casino website and legal documents that will prove the earning of your casino.

Finding a private investors on gambling business is already very hard to find due to multiple scam event on this business in the past. Most of the crypto casino is backed by gambling companies. 99% of users that asking for this kind of investment is scam. Goodluck on finding this money from random user online.

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February 10, 2023, 12:10:37 PM
 #37

Do you have a plan on how you’ll use the money to scale?
Are you willing to DOX yourself for the investor?
The Investor will own equity in the company?

Many questions
But quite interesting thread

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arwin100
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February 10, 2023, 12:27:59 PM
 #38

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)?  Roll Eyes

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

You didn't get his post he means that why ask for a funds from random people in this forum, while he can ask some loan to fund his casino by applying some loan on banks since if he's business is really profitable for sure there's a bank would provide that amount to him. And yeah there are casinos doing this but only those reputable casino succeed to ask some funding's to the people and those un reputable people asking this randomly without showing any proof of legitimacy fail because many people find it so shady.

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February 10, 2023, 12:46:28 PM
 #39

Wake me up when this guy gives any proof that will show his words about numbers being real. So far OP is a cool businessman on the paper only. I think OP came to wrong place. Are there such investors on the forum at all? And why there is such a huge spread in investment amount? Why do you need 200k, if theoretically you suppose you can achieve same results with 100k only?

To help you to find an investor, maybe consider telling what investor would get in exchange for 100-200k? Par of your business? Percent of your profit? Thank your and a hug?

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You get the peow peow
Yatsan
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February 10, 2023, 01:10:18 PM
 #40

I think you are in the wrong place because in this forum you will not find the investors you are looking for and you want, if you are sure that the gambling site you are building can be successful, in fact you can borrow money from a bank or a moneylender if you want to develop it.
I disagree. There are many investors in this industry who are both players and aspiring project investors. The only problem I am seeing is the way OP's platform is being introduced to this industry, as others have mentioned. If you are an aspiring developer or investor, ofcourse you'd prefer a more detailed lay out of a platform to take things seriously. 'coz if it is not, then scam accusations will just be thrown at you and will result to what is unwanted. This might just be an arising idea but there's definitely a better way to do so. Many people here are meticulous given that it is huge money we are talking about and not a single penny.

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