Betcrypto.cr bankroll idea| thinking on opening our bankroll for investors $400k

[Betcrypto.cr]

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

At this moment we have a list of high rollers $1.5M+ and a list of 10K users who are waiting for the site to get out.

The site is 100% ready (we are just finishing some details with the marketing material) and we have about 500 players without a single ad our official announcement.

Last month the site made $28k profit in just pure random players who got to the site and we have regulars customers who spend on average $1k per week.

We want to raise at least $400k, you can go to the site now and create an account and test everything to see the site is 100% operational

Let me know what you think about this idea we have.

[BenCodie]

I suggest that you start off with the $500k that you already have, promote to your large list of 10,000 users and $1.5m high rollers and increase your bankroll from the success of these two remarkable foundations. You are not an established casino and you don't have a reputation here so I wouldn't risk the development of your reputation by asking to raise such a large amount.

If you are still adamant that you want to find a partner/partners, go to the Long-term offers sub-board of the lending board and create a thread with proof of your statements regarding profit and existing bankroll by signing a message from the cold storage wallet of the casino to prove that these assets are in hand. Maybe you will have a better chance of negotiating a deal with someone if they were to be interested.

I would also recommend offering multi-signature control over what people contribute to the casino to ensure that their funds are safe by having joint control. I believe that your odds might be even higher if you employ this strategy.

[Betcrypto.cr]

I suggest that you start off with the $500k that you already have, promote to your large list of 10,000 users and $1.5m high rollers and increase your bankroll from the success of these two remarkable foundations. You are not an established casino and you don't have a reputation here so I wouldn't risk the development of your reputation by asking to raise such a large amount.

If you are still adamant that you want to find a partner/partners, go to the Long-term offers sub-board of the lending board and create a thread with proof of your statements regarding profit and existing bankroll by signing a message from the cold storage wallet of the casino to prove that these assets are in hand. Maybe you will have a better chance of negotiating a deal with someone if they were to be interested.

I would also recommend offering multi-signature control over what people contribute to the casino to ensure that their funds are safe by having joint control. I believe that your odds might be even higher if you employ this strategy.

Thanks for the suggestions yes right now is just an idea and we know we don't have a reputation on the forum yet.

Yes, i think we can sign a message from our cold storage, and provide proof or last month earnings. 

[ethereumhunter]

Maybe my advice is to continue what you have started. Even though it seems slow, there is good progress, so if you are still focused, the benefits can also increase.

You have started to have regular customers who can come to your casino to play. And maybe you need to make other promotions to attract more people.

I do not recommend borrowing funds from other people, even if it is a long-term loan because it is risky. I'd rather continue what's working well and keep looking for ways to grow the casino.

[davis196]

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

How is this possible? Non-KYC gambling businesses aren't allowed in many countries. What if your casino get banned by the Internet Service Providers in those countries? What if you have problems with the authorities because you aren't imposing KYC policies?
I doubt that anyone would invest money in your casino, because the risk of the authorities trying to shut down your gambling business cannot be neglected.
"Getting huge fast" just because you are KYC free doesn't seem realistic to me. Do you plan to grow your casino without any marketing budget? Do you plan to advertise on Bitcointalk?

[Betcrypto.cr]

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

How is this possible? Non-KYC gambling businesses aren't allowed in many countries. What if your casino get banned by the Internet Service Providers in those countries? What if you have problems with the authorities because you aren't imposing KYC policies?
I doubt that anyone would invest money in your casino, because the risk of the authorities trying to shut down your gambling business cannot be neglected.
"Getting huge fast" just because you are KYC free doesn't seem realistic to me. Do you plan to grow your casino without any marketing budget? Do you plan to advertise on Bitcointalk?

Well, we are from Costa Rica and we are not required to ask for KYC , if the casino gets ban by the Internet Service Providers in those countries the players can use a VPN we are VPN friendly

We are not going to get any problem from the authorities because our laws don't require us to ask for KYC

Also, nobody can shut us down our servers are in Costa Rica and our domain is from Costa Rica we are 100% legal following Costa Rica gambling laws

Mark my works we are going to get huge fast because no KYC and we are worldwide available

Yes we have a marketing budget and we are also planning to advertise the casino on Bitcointalk.

[piebeyb]

it's a good idea but unfortunately you won't be able to get the funds easily especially with a cooperation agreement, the most important thing in this forum is reputation and you are a beginner in the forum of course it will be difficult to make your idea come true, I think you should implement with the funds you have in your bankroll, $28k in revenue is good enough for a decentralized casino with no KYC especially since your site has regular customers. I haven't tested anything on your site, good luck getting you investors  

[Betcrypto.cr]

it's a good idea but unfortunately you won't be able to get the funds easily especially with a cooperation agreement, the most important thing in this forum is reputation and you are a beginner in the forum of course it will be difficult to make your idea come true, I think you should implement with the funds you have in your bankroll, $28k in revenue is good enough for a decentralized casino with no KYC especially since your site has regular customers. I haven't tested anything on your site, good luck getting you investors  

Well keep in mind we made $28k without a single ad or promotion just imagine when we start doing marketing, but yes i agree with you is going to be hard becuase our account is new.

Thaks for the good luck  

[gantez]

The site is 100% ready (we are just finishing some details with the marketing material) and we have about 500 players without a single ad our official announcement.

You already having outstanding record and you don't need more to delay. I encourage that you go on to announce official the commencement of the site. Having the number of 500 players with less effort without advertising, why waiting to seek another fund!

Last month the site made $28k profit in just pure random players who got to the site and we have regulars customers who spend on average $1k per week.

You have big players random playing.. If you have average players with $1k and whale player of 1.5M + , you have what expected and ready to launch.

[Betcrypto.cr]

The site is 100% ready (we are just finishing some details with the marketing material) and we have about 500 players without a single ad our official announcement.

You already having outstanding record and you don't need more to delay. I encourage that you go on to announce official the commencement of the site. Having the number of 500 players with less effort without advertising, why waiting to seek another fund!

Last month the site made $28k profit in just pure random players who got to the site and we have regulars customers who spend on average $1k per week.

You have big players random playing.. If you have average players with $1k and whale player of 1.5M + , you have what expected and ready to launch.

Thanks we hope next week to do the official announcement of the casino and we are going to offer good promotions like 200% welcome bonus and 100% reload bonus we are just finishing the marketing material

[Oshosondy]

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

That does not mean. I have even seen a gambling site with KYC that grows too. The ones that started with no KYC requested from customers that even later requested for KYC also continue to grow, but this depends on how excellent the service they are providing their customers are.

Let me know what you think about this idea we have.

According to your explanation, no one is going to believe you, you said already that the site is complete already and some people are already testing or playing on the site which you even make profit from. So why need money again?

This is also not even about gambling, it supposed to be on reputation board.

[Betcrypto.cr]

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

That does not mean. I have even seen a gambling site with KYC that grows too. The ones that started with no KYC requested from customers that even later requested for KYC also continue to grow, but this depends on how excellent the service they are providing their customers are.

Let me know what you think about this idea we have.

According to your explanation, no one is going to believe you, you said already that the site is complete already and some people are already testing or playing on the site which you even make profit from. So why need money again?

This is also not even about gambling, it supposed to be on reputation board.

Yeah but we are not going to ask for KYC ever we are hardcore privacy focus and we believe is just BS to ask for KYC for a crypto casino

Well we think we should rise a bit more of funds because we have some high rollers waiting for the official launch and i don't want to limit their accounts to much

[bittraffic]

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

That does not mean. I have even seen a gambling site with KYC that grows too. The ones that started with no KYC requested from customers that even later requested for KYC also continue to grow, but this depends on how excellent the service they are providing their customers are.

Let me know what you think about this idea we have.

According to your explanation, no one is going to believe you, you said already that the site is complete already and some people are already testing or playing on the site which you even make profit from. So why need money again?

This is also not even about gambling, it supposed to be on reputation board.

Yeah but we are not going to ask for KYC ever we are hardcore privacy focus and we believe is just BS to ask for KYC for a crypto casino

Well we think we should rise a bit more of funds because we have some high rollers waiting for the official launch and i don't want to limit their accounts to much

$500k seems huge enough, I think you should just start small and then gradually increase limits.
IMO those high rollers actually may not really wait for your website since there are a lot more reputable casinos around crypto than yours.

The suggestion is to build a reputation to rival the top ones in crypto. If you have not yet hired a campaign manager, you should find one. Here is a list https://bitcointalk.org/index.php?topic=4412712.0

[jostorres]

Hi we are thinking on starting a fundraise to increase our current bankroll we have $500k but we know our site is going to get huge fast because we are going to be 100% KYC free and available worldwide.

At this moment we have a list of high rollers $1.5M+ and a list of 10K users who are waiting for the site to get out.

The site is 100% ready (we are just finishing some details with the marketing material) and we have about 500 players without a single ad our official announcement.

Last month the site made $28k profit in just pure random players who got to the site and we have regulars customers who spend on average $1k per week.

We want to raise at least $400k, you can go to the site now and create an account and test everything to see the site is 100% operational

Let me know what you think about this idea we have.

Providing an investment opportunity is never a bad idea as long as it is executed well and there are ample details and instructions provided. If I was a potential investor, I would definitely need more details about this, how would it work, why would investors trust you, how much the initial investment, how much is the maximum, and a lot more questions.

Your platform is relatively new doesn't have a reputation yet within the community, so proving that it is a safe and fraud-free investment opportunity will be the biggest challenge that you are going to face IMO.

[QueenVera]

I see no reason why a casino with so much positivity will be seeking to start a fundraiser when they are already making roughly making over $28k and already have  a huge community even without a single ads and that's already a record and rather than getting more funds, I think you should be patient please as the money you have is already so much money and I've read of casinos who started on a very small capital and are already doing well for themset without running into any debt or running any fundraiser and you have to learn from that and try to build your casino from somewhere with hopes of growing and not just expecting to be at the top suddenly because since nothing is guaranteed in the gambling industry, I would advice that you steak to what you have and work on that for now.

[Slow death]

I'm going to start about KYC, although you have legalized your casino in costa rica, your servers are in costa rica, that does not mean that your casino cannot be shut down and you are arrested accused of money laundering by many governments, that's because the international money laundering laws are clear, you have no choice, you will have to implement KYC or else in one day you will receive search and seizure order from your casino and consequently arrest warrant against you on charges of money laundering because you don't ask KYC and you do not have a license that allows you to operate in all countries, that is, you are also obliged to have a license from Curacao

about the money you need, I'm talking about the 400,000$, honestly I don't see any reason why you need that money other than:

1 - your casino is already operational and has customers
2 - your casino has $500,000
3 - your casino makes a profit of 28000$

so it's a matter of you continuing to operate that in a few months your casino will have much more than 500,000$ and customers will be able to place big bets, so in my opinion you don't need money from investors, also that kind of movement would not end well

[Quidat]

If you do already have those numbers then just like the rest been saying that starting off with those numbers would be good. Thing here is that you are already generating revenue which is already that shows a positive sign.It doesnt really need up to rush up with making money or profits because this isnt a business that would give out right away but on the time that popularity and recognition
would spread up like wildfire then for sure you would be seeing those numbers on which you hadnt been expecting that it would really be that possible.
$400k would be sufficient and its better not to forget out on setting max bet limits.

[ryzaadit]

Let me guess, and soon the people who are investing are gonna get a token ~XD.

To be honest, I usually skipped any kind of "casino" who have a token or at least a casino whoa are came from 'ICO/Token' project. I more prefer a casino who are self-funder, I don't know why this is a big part.

I see some casino started from 200,000$ for the bankroll and can survive around 6 month+, but as always to tried monitoring user fund & limited any gambling amount activity to make sure casino can payed.

[ralle14]

Having a bigger bankroll would be better but then again IMO it's better to slowly build the bankroll naturally because you still need to improve on your casino's reputation and it should improve at a similar pace as long as you guys can continue to satisfy most of your players.

From how I see it, if the bankroll would be shared then that means your profits would be reduced and it could delay the casino's development since you'll be stuck with a specific profit share. I just think it's more beneficial for the casinos to keep the profits because it'll open more options on what the casino needs to spend on in the future. And if what you said about your casino's monthly profit is true then it'll only take some time until the bankroll grows big enough to the point that the casino wouldn't need the help of investors.

[yahoo62278]

I would suggest if you have 500k + a marketing budget that you make a go at it as is. If you are that confident in your product, no reason to lose xx% looking for investors. You also don't want to look desperate.

If you need a manager to help with campaigns and help you build a reputation feel free to contact me. https://bitcointalk.org/index.php?topic=1704638.0