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Author Topic: Own a profitable gambling site. Looking for investors  (Read 488 times)
Eureka_07
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February 10, 2023, 02:31:11 PM
 #41

<snip>
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.
For transparency, would you mind mentioning the casino that we are referring here? I guess there's nothing bad by doing that right? From that, maybe possible investors can use that to consider your offer. I feel that you'll get someone to invest,or maybe not just one as it seems to be a promising risk.  Good luck Smiley

ethereumhunter
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February 10, 2023, 02:46:33 PM
 #42

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?
I'm not sure @OP will provide evidence to convince a potential investor to invest money in his casino. In addition, the money required is also very large. Although I believe there are many large investors on the forum, that does not guarantee that they will be willing to use the money to invest in casinos or send money to people they do not know well. Maybe the $200k figure is his calculation and that's the amount he needs.

I think investors will get their share of revenue sharing with @OP. Maybe @OP needs to come back and explain in detail.

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February 10, 2023, 02:52:20 PM
Last edit: February 10, 2023, 03:05:41 PM by Little Mouse
 #43

Feel free to reach out to me through telegram- @LT_Mouse
I can't guarantee but I have a few connections who might be interested if you can provide enough proof of your claim and if you can proceed with the system with enough transparency or in a system where you won't have a way to exit scam with the money. I may try to approach them.

Hey @Little Mouse, if this dude reaches out to you, let us know how it pans out. I'm just curious to see if the deal is legit or if he's pulling a fast one. With so many things being fake these days, it's always better to be cautious and do our due diligence. So if you hear back from him, please let us know.

Will update once I get in touch and thanks for the piece of advice, will surely follow them, mate.

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decodx
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February 10, 2023, 03:03:28 PM
 #44

Feel free to reach out to me through telegram- @LT_Mouse
I can't guarantee but I have a few connections who might be interested if you can provide enough proof of your claim and if you can proceed with the system with enough transparency or in a system where you won't have a way to exit scam with the money. I may try to approach them.

Hey @Little Mouse, if this dude reaches out to you, let us know how it pans out. I'm just curious to see if the deal is legit or if he's pulling a fast one. With so many things being fake these days, it's always better to be cautious and do our due diligence. So if you hear back from him, please let us know.

R


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m2017
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February 10, 2023, 03:16:51 PM
 #45

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.
Because no one wants to risk their own money or borrowed money from the bank if their profitable idea with a gambling site fails and then they have to bear responsibility to the borrower. When you put other people's money at stake investors, in case of failure, you don't lose your money. And investors can say: It happens, bro. Sorry, our business plan failed and now you won't see your money. Something similar happened to many ICOs.

Of course, this endless stream of begging for money for their most profitable business simply doesn't dry out. If you are so confident in your business model, then sell everything you have and invest. Seriously.

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bitbollo
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February 10, 2023, 03:45:38 PM
 #46

such an investment must be discussed with a contract and legal basis.
several aspects need to be clarified including... default option of the borrower just to name one...
 
I don't think there is anyone willing to give such a figure without something well defined and set up.

@OP I find the explanation that waiting 3 months is an excessive amount of time literally absurd... Smiley

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BitSlayers (OP)
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February 10, 2023, 04:39:51 PM
 #47

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.

We are already operationally profitable and I don't think that will change. In terms of how long the investor would need to wait before recouping the $100-$200k that totally depends on the percentage that we settle on. But to give you an idea with this cash I could go out and secure deals with the right, profitable, and proven influencers to be generating $5-10k/day within a few months after all the promotion goes out (usually the promotional periods are multi week or multi month long deals).

In terms of roadmap I don't have one but I don't mind sharing detailed statistics, screenshots, and what not to whom ever turns out to be serious. So far I've only received skepticism, advise that I should to go a bank, and other replies. But with whom ever shows interest I am fully open to showing a more "detailed" overview of the business.
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February 10, 2023, 08:02:26 PM
 #48

-cut-
In terms of roadmap I don't have one but I don't mind sharing detailed statistics, screenshots, and what not to whom ever turns out to be serious. So far I've only received skepticism, advise that I should to go a bank, and other replies. But with whom ever shows interest I am fully open to showing a more "detailed" overview of the business.
You most likely keep receiving skepticism when you haven't even gave us the url or name of of the casino. You do understand that the burden of proof is on you? Right?

Here's an idea, why don't you fund it via ICO? People would buy tokens from you that you could buy slowly from the markets daily in market price with a like a 2% of your profits or something.
But in there you really would need to reveal something about your casino.

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February 10, 2023, 08:08:50 PM
 #49

Most of the people making posts here will own some gambling sites or need idea to start the gambling sites.And I was very eager to hear the gambling sites of yours.Since you had not made the clear statement about your gambling sites.Secondly which crypto currency you use to accept as the payment for the gamblers who start to play your website.What will be the maximum time period for the withdrawal of the money.You should launch the Signature Campaign for your gambling sites,to get the attention of the people in the bitcointalk forum.If you launch a campaign,surely it will reach the most of the gambler and they may inverse in your gambling site.
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February 10, 2023, 08:58:29 PM
 #50

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 you are earning 1-2k daily then why wont really just simply wait up for the next 10-20 days to accumulate that $100-200k that you are looking for? It is really just some simple math calculation.
You do know that you are really that netting up for those numbers on daily basis then it wont really be that much hard. Cut-off those marketing expenses first and focus on saving up
until you had accumulated enough.There's no way that you could really get some investors on here without even minding to tell on what your site name is
and doesnt really able to prove some sufficient proofs or whatsover.Verbal claims doesnt work on here buddy.  Cheesy

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Wiwo
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February 10, 2023, 09:02:38 PM
 #51

If you are serious about running this business,  you should source for local investors so that you both can have physical access to each other, but then with the level of risk and scams that have happened in various ways, everyone is careful about putting money into a third-party share business. W
danadc
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February 10, 2023, 09:29:11 PM
 #52

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!
It is very difficult for someone to trust you, what you say is very nice and sounds great, but to get investors if someone is interested, you have to give them and provide them with all kinds of documents and that they be authentic, because a company like that of a casino you need to have a lot of capital, it is not known if a player with a lot of money makes a big bet and then how does the casino respond if it exceeds its capital? Maybe that is your fear and you need a good mattress? I would recommend that if you get someone here from the forum be as transparent as possible.

R


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virasisog
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February 10, 2023, 09:42:07 PM
 #53

You should have posted full detail about your business. How could you get a good number of investors if you can't provide everything about your casino? Also, there are other formal ways for you to promote your site where you can get more investors and players. You can create an ANN thread so people will get to know if your site is legit and trusted. All we want these days is transparency because scammers are already everywhere.
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February 10, 2023, 10:35:38 PM
 #54

If you are serious about running this business,  you should source for local investors so that you both can have physical access to each other, but then with the level of risk and scams that have happened in various ways, everyone is careful about putting money into a third-party share business. W
I don't even think anyone would be interested in this kind of offer in this kind of site and everything would be done online.
Op need to explain more about why he needed online investors to join him and if he is making that kind of money that I don't think he need an investor to join him in this journey. There are many ways op can raise fund to help.him run the casino.
People are very careful this time because same way many persons had falling to the trap of ending complaining and trying each other. I want to know if the investors would have a share in the casino revenue continuously owning half of the total revenue.

.
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abel1337
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February 10, 2023, 10:41:22 PM
 #55

At least be confident of showing up the details about your casino especially you are sourcing out investors here and the figure you showed us is pretty convincing. You are trying to upscale and improve the casino future. Posting up the casino name and it's website won't hurt you at all and addition to that, It can be recognize by the community who are finding casinos to play so basically it could be a free promotion here. I believe that you have set a maximum win on each gambler, It could be a potential deal breaker for the investor if someone in the casino won a large amount of money and withdraw it. It will certainly destroy your casino having a low bankroll.
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February 10, 2023, 10:43:00 PM
 #56

If you are serious about running this business,  you should source for local investors so that you both can have physical access to each other, but then with the level of risk and scams that have happened in various ways, everyone is careful about putting money into a third-party share business. W
I don't even think anyone would be interested in this kind of offer in this kind of site and everything would be done online.
Op need to explain more about why he needed online investors to join him and if he is making that kind of money that I don't think he need an investor to join him in this journey. There are many ways op can raise fund to help.him run the casino.
People are very careful this time because same way many persons had falling to the trap of ending up complaining and trying each other. I want to know if the investors would have a share in the casino revenue continuously owning half of the total revenue.
Yes and from the replies of many people here, this offer look tempting and too good to be true and a lot of member of this forum are already aware of a such plot by scammers to divert their fund in the process of trying to build a new too good to be a true project.
-i have also shared my reservation about the whole heck even though we may like to is what I am still contemplating.
- majority of members here does not have interest in this.
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February 10, 2023, 10:47:32 PM
 #57

A $100k to $200k is not a chicken money anybody can just cough out to a total stranger.
You have a serious business, of which if you are genuine and have actually built to the level where you claim to have built to, I believe any bank you approach in person will be more than willing to loan you the money you need to scale your casino to a world standard.

So without wasting much time, fact is that nobody from this forum will loan you such an amount without meeting in person and reviewing all that you claim you have achieved with your casino, so better look around you for solutions.

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DoublerHunter
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February 10, 2023, 10:47:37 PM
 #58

You should have posted full detail about your business. How could you get a good number of investors if you can't provide everything about your casino? Also, there are other formal ways for you to promote your site where you can get more investors and players. You can create an ANN thread so people will get to know if your site is legit and trusted. All we want these days is transparency because scammers are already everywhere.
^In the first place, the casino that OP wanted to sell is have the potential that can generate profit as OP said, but you wonder why OP sell his casino even if it will make a profit? If it can generate that big amount, why not OP continue running with it without looking for investors or even selling that website? Okay if that is so, another factor that people will believe you is the transparency of your business, let us know what website it is so that we can make a review on it. When you have a casino business like this it should have a huge amount of capital that you need and also the bankroll as well.
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February 10, 2023, 11:00:17 PM
 #59

I agree to those that are saying that go to your local bank and have this proposed. Show them what you've got and how much you're gaining with this.

You're a good prospect to them and they'll for sure loan you more than what you're asking if it fits their shoes based on the numbers and records that you'll show them.

With that amount you're asking from $100k-$200k, it's rare that you'll find someone that has the same vision as you and you might even be doubted because you still have no reputation from here.

Unless you give most details to those inquiries and show them that you genuinely have those profits and deposits per day, that might change their minds.

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February 10, 2023, 11:41:05 PM
 #60


Unless you give most details to those inquiries and show them that you genuinely have those profits and deposits per day, that might change their minds.

People nowadays ask proof of legitimacy on their investment and showing profit is not the only one needed since many of the investors are seeking real platform asking for this so you need to provide all necessary things before ask this. As per people telling you about bank maybe they are somehow right since there's really no need to ask for something like this since I think bank can help you if your proposals is really good and profitable.

R


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