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Stalker22
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June 16, 2024, 08:18:11 PM
 #41

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

Well, I mean technically you could try to set up some kind of deal to avoid putting your own money upfront into payouts.  Maybe see if you could partner with a real crypto casino so they handle all that end of things while you provide a little faucet attraction on your own small site to direct people their way.  You would get a slice of the referrals.  But getting the big players to give you the time of day when you are just starting out would be tough sledding for sure.

Point is, you gotta put something into any kind of casino operation, even if it is not cash.  Sweat and hustle if nothing else and  takes work to get people to know and trust you exist.  Aint no free rides in this world.

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promise444c5
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June 16, 2024, 08:24:39 PM
 #42

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

Well, I mean technically you could try to set up some kind of deal to avoid putting your own money upfront into payouts.  Maybe see if you could partner with a real crypto casino so they handle all that end of things while you provide a little faucet attraction on your own small site to direct people their way.  You would get a slice of the referrals.  But getting the big players to give you the time of day when you are just starting out would be tough sledding for sure.

Point is, you gotta put something into any kind of casino operation, even if it is not cash.  Sweat and hustle if nothing else and  takes work to get people to know and trust you exist.  Aint no free rides in this world.

Setting up a partnership  will still require some sweat and effort to get  noticed by such casinos and maybe partnered besides no casino will want to partner which a low quality casino... the last sentence  is really what matters ... maybe trying a little bit of leveraging  could be of help but to leverage then there must be a high level of devotion and seriousness to bring something fruitful out... in short casino is not a easy pizzy tasks



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June 16, 2024, 08:39:47 PM
 #43

If there is something that you don't need to be a casino expert to know that it is not possible to do in this Crypto casino market, it is running a Crypto casino without investing money. In my opinion, to run any Crypto casino you need the person to have a lot of money, this is because the person will need to buy the software, the person will need to hire employees such as a coder, a marketing manager, someone who understands about laws to help with license I heard somewhere that gambling licenses pay and they are not very low costs, you also have to have a considerable bankroll, because there are players who play with considerable amounts, sometimes there are lucky people who play with little money and manage to win a lot of money and you will have to pay them. a casino or faucet is something you must have money to run. and it seems to me that the faucet business is not profitable

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June 16, 2024, 08:56:40 PM
 #44

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

No. How are you going to cover the costs? Everything costs money. Or a lot of time. And honestly, I think it is better to pay with money than it is with time.


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June 16, 2024, 09:30:58 PM
 #45

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Maybe you will have to come out a bit clearer for us to better understand what you mean, for personally, I do not understand how possible it is to open or launch a casino without investing a dime aside from  obtaining a domain and hosting it.

I think it's very important you understand that aside domain and hosting, there is still alot to be spent on, and one of those is the fact that you have to reserve a really nice amount of money for settle winnings just incase you are not so lucky at the very beginning.
And secondly, do not forget the place of marketing and promotions and how important this is to the casino or faucet's visibility.
Like I will always say, this days, marketing and promotions seems to cost way more than it cost to launch a casino.

So, there is definitely no way you can launch a casino or Faucet without investment, though I might not be completely right with my answer though, since like I said earlier, I don't completely understand the type of investment you are talking about.
Same with how I perceive OP's post. Launching a crypto casino is never easy, expenses there and everywhere. With that, you need to invest not only your knowledge and expertise but as well as great amount of capital that will bring your casino into reality. It would be a lot helpful if you also do some crypto investments aside from your casino investment, that way if one fails, you still have other source of investment that will probably work and bring you profits.

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June 16, 2024, 11:40:00 PM
 #46

If there is something that you don't need to be a casino expert to know that it is not possible to do in this Crypto casino market, it is running a Crypto casino without investing money. In my opinion, to run any Crypto casino you need the person to have a lot of money, this is because the person will need to buy the software, the person will need to hire employees such as a coder, a marketing manager, someone who understands about laws to help with license I heard somewhere that gambling licenses pay and they are not very low costs, you also have to have a considerable bankroll, because there are players who play with considerable amounts, sometimes there are lucky people who play with little money and manage to win a lot of money and you will have to pay them. a casino or faucet is something you must have money to run. and it seems to me that the faucet business is not profitable

Even running a faucet need some sort of funds to maintain the site. What more of a casino, as you need bankroll on this business. Otherwise, you will be running a fly-by-night casino and you won't sustain the business. It means, you are just probably wasting your resources to begin with. Better use your small funds in other ventures, which you think will only need small amount of money to operate with. 

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June 17, 2024, 05:33:25 AM
 #47

Even running a faucet need some sort of funds to maintain the site. What more of a casino, as you need bankroll on this business. Otherwise, you will be running a fly-by-night casino and you won't sustain the business. It means, you are just probably wasting your resources to begin with. Better use your small funds in other ventures, which you think will only need small amount of money to operate with.  
Some people just think that they can achieve something good like to start a business without much money and turn it to a multimillionaire business. This is possible but not with common businesses. Casinos and faucets are common businesses and there are many sites like them that are well marketed and needed better competitors and not what are inferior to it. If someone start these kind of businesses or almost all kind of businesses nowadays, the person really needs to spend money on a lot of things. There are money to run servers, money to pay many workers because you will need workers. Also money is needed for marketing. There are still some money which we have not even mentioned that would be needed for the existence and progress of the site.

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davis196
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June 17, 2024, 06:48:33 AM
 #48

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

I'm confused. What do you want to "open"? A crypto casino or a faucet? Faucets are dead and there's no point creating a faucet.
How do you plan to gather active and paying gamblers, if you don't want to spend any money on advertising?
Do you plan to get the casino template for free? I think that free casino template kinda suck. They are totally generic and your casino will look like 1000 other casinos. Standing out from the crowd is the biggest goal in the casino business(and every other business).
If you really want to create and run a business properly, a big initial investment is a must. Trying to do everything without investing money will lead to subpar results(or no results at all).

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June 17, 2024, 09:25:03 AM
 #49

What you are going to use the money invested there is the question. If you are willing to use the money you already have to open the payout wallets, then you dont need investments, if you are lacking there then you do need it.

Because you dont want the scenario of not being able to pay out big winners happen on your site at all. That immediately raises red flags in the gambling community.

Faucets also have a wallet running to pay out the users, if you cant pay, you will not get traffic.

 
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June 17, 2024, 10:54:50 AM
 #50

You're pretty much want to create scam sites if you don't have any bankroll, if your sites have been successfully created, don't forget to mention in this forum, so it will make people to not get scammed by playing in your sites.

You can also create a fake lottery without need to run website, just ask people to choose number from 1-100, pay x for one entry and then you can use this site https://www.random.org/, use other account to make an entry, after the entry filled up, make sure you spin till the number you pick.

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passwordnow
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June 17, 2024, 11:59:32 AM
 #51

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs.
It's possible but payout should be transparent to your customers if you want to attract a lot of them. Because that's one thing that most gamblers want to get assured of before they even sign up on your casino. A matter of proof on how to trust a casino is on how capable they are to do payouts without having any problems at all.

Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
There are many that you can do as well without having a lot of capital to start with. But you should determine on where you are good at and what you really want to start. Because it's not always about the investment or capital that you can use. However, obviously you need money for you to purchase all of those stuff that includes licenses, codes/software licenses, etc. And if you think that you're able to establish your faucet, you can take the path on how other casinos did to themselves as they've gained a lot of user. You can always expand however you want as long as you've got it all on your roadmap.

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June 17, 2024, 12:26:17 PM
 #52

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Maybe you will have to come out a bit clearer for us to better understand what you mean, for personally, I do not understand how possible it is to open or launch a casino without investing a dime aside from  obtaining a domain and hosting it.

I think it's very important you understand that aside domain and hosting, there is still alot to be spent on, and one of those is the fact that you have to reserve a really nice amount of money for settle winnings just incase you are not so lucky at the very beginning.
And secondly, do not forget the place of marketing and promotions and how important this is to the casino or faucet's visibility.
Like I will always say, this days, marketing and promotions seems to cost way more than it cost to launch a casino.

So, there is definitely no way you can launch a casino or Faucet without investment, though I might not be completely right with my answer though, since like I said earlier, I don't completely understand the type of investment you are talking about.
Same with how I perceive OP's post. Launching a crypto casino is never easy, expenses there and everywhere. With that, you need to invest not only your knowledge and expertise but as well as great amount of capital that will bring your casino into reality. It would be a lot helpful if you also do some crypto investments aside from your casino investment, that way if one fails, you still have other source of investment that will probably work and bring you profits.

Maybe he just think that there's easy way to launch a service what casino could offer without costing him a lot of money. So for sure he realize that its really not easy as he think that there's a way that he can earn without spending anything for launching a casino.

Everything has a cost as the owner need to consider that he need to payout those people he win and also in order to convince people to gamble on the casino he built he also need to offer them something so that they can gather people to gamble on his casino. If he can't offer or spend any amount for the launch of his casino then expect that all he plans will just failed then people will think about that he's here to scam because the owner is not willing to spend some amount to create something good platform for their players.

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June 17, 2024, 01:51:26 PM
 #53

No. How are you going to cover the costs? Everything costs money. Or a lot of time. And honestly, I think it is better to pay with money than it is with time.

He basically wants to win the lottery, but instead of buying tickets by setting up a casino, at no cost to him. I hope that with the answers he will give up and in any case spend a couple of quid on a lottery ticket to see if he can win.

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betswift
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June 17, 2024, 03:18:30 PM
 #54

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Maybe you will have to come out a bit clearer for us to better understand what you mean, for personally, I do not understand how possible it is to open or launch a casino without investing a dime aside from  obtaining a domain and hosting it.

I think it's very important you understand that aside domain and hosting, there is still alot to be spent on, and one of those is the fact that you have to reserve a really nice amount of money for settle winnings just incase you are not so lucky at the very beginning.
And secondly, do not forget the place of marketing and promotions and how important this is to the casino or faucet's visibility.
Like I will always say, this days, marketing and promotions seems to cost way more than it cost to launch a casino.

So, there is definitely no way you can launch a casino or Faucet without investment, though I might not be completely right with my answer though, since like I said earlier, I don't completely understand the type of investment you are talking about.
Same with how I perceive OP's post. Launching a crypto casino is never easy, expenses there and everywhere. With that, you need to invest not only your knowledge and expertise but as well as great amount of capital that will bring your casino into reality. It would be a lot helpful if you also do some crypto investments aside from your casino investment, that way if one fails, you still have other source of investment that will probably work and bring you profits.

Maybe he just think that there's easy way to launch a service what casino could offer without costing him a lot of money. So for sure he realize that its really not easy as he think that there's a way that he can earn without spending anything for launching a casino.

Everything has a cost as the owner need to consider that he need to payout those people he win and also in order to convince people to gamble on the casino he built he also need to offer them something so that they can gather people to gamble on his casino. If he can't offer or spend any amount for the launch of his casino then expect that all he plans will just failed then people will think about that he's here to scam because the owner is not willing to spend some amount to create something good platform for their players.

As an option, the topic starter is unfamiliar with gambling sites, so he can't calculate the budget!

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June 17, 2024, 04:42:00 PM
 #55

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

For you to make money you need money and casinos are one of the costliest platforms to set up, script, and platform cost is not cheap, yes you can find pirated software that you'll get for free but what will you get from a platform full of bugs and a possibility of getting hacked.

I have not stumbled upon a casino operator who claimed that he set up a casino without investment. marketing alone will cost you a lot.

The casino is not something you build and players will just come you have to show them what you've got as players' attention is very important and marketing is not cheap.

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June 17, 2024, 08:09:53 PM
 #56

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
I'm confused. What do you want to "open"? A crypto casino or a faucet? Faucets are dead and there's no point creating a faucet.
How do you plan to gather active and paying gamblers, if you don't want to spend any money on advertising?
Do you plan to get the casino template for free? I think that free casino template kinda suck. They are totally generic and your casino will look like 1000 other casinos. Standing out from the crowd is the biggest goal in the casino business(and every other business).
If you really want to create and run a business properly, a big initial investment is a must. Trying to do everything without investing money will lead to subpar results(or no results at all).
I think what he said is very clear. Obviously he wants to have his own casino (not faucet). If about faucets, yes that's true that a lot of them have died but there are few that are still alive and kicking. It can only depend on how we maintain our faucet site, so we must not mind the others if they have failed because it can only discourage us.

In terms of advertisement, our forum is an example to advertise freely. We also have social media sites. Many casinos now looks identical to each other, so this is not a big deal. It only boils down to the contents inside it, the fairness, and the quality of service that we will get towards them. Once he had the money (enough of it) maybe he will still use it to improve his casino more but that is a must.
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June 17, 2024, 08:30:09 PM
 #57

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.
Basing up on previous or earlier reply on which i have seen which is viable.

1. PvP games- getting some % deduction on each game but what would be a pvp game type that you would be offering? Just make it sure
that it would really be something interesting and unique because if we've seen currently in the market on which there are already some pvp games
but honestly they arent that getting that much attention or demand. So this would really be that difficult.

2. Faucet like freebitco.in?
If you arent that aware on what happened on Freebitco then better check it out.  Cool
Faucet sites would really be that profitable if your site does have tons of ads or banners
if there's no adsense then it would be pointless.
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June 17, 2024, 10:38:41 PM
 #58

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

Well, I mean technically you could try to set up some kind of deal to avoid putting your own money upfront into payouts.  Maybe see if you could partner with a real crypto casino so they handle all that end of things while you provide a little faucet attraction on your own small site to direct people their way.  You would get a slice of the referrals.  But getting the big players to give you the time of day when you are just starting out would be tough sledding for sure.

Point is, you gotta put something into any kind of casino operation, even if it is not cash.  Sweat and hustle if nothing else and  takes work to get people to know and trust you exist.  Aint no free rides in this world.


Castles in the air seems all this to me. Nobody is going to give you leeway so that you become stronger, money and investment is absolutely required, not only to setup a system and pay for all the services, but also for the one fundamental thing required: growth. It is nearly impossible to gain market share on such a saturated market unless you do a lot of marketing.

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June 17, 2024, 11:27:38 PM
 #59

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

As I understand it, you want to profit from a field without making a financial investment. What is strange is that you targeted one of the most financially costly industries. This does not seem rational at all and is almost an “impossible condition” except within the limits of imagination, where you can imagine how to make money and accumulate wealth without bothering to think about any cost, since you are not even aware of it.

Even in the most extreme cases, if you succeed in getting a software developer to prepare a casino program for you for free, and perhaps also donors to provide you with enough reserves for the house, the cost of advertising may exceed all your imaginations, and perhaps if you had that budget you would not have thought about the casino’s profits at all.

This is one of the funniest hypotheses I have ever read on this forum.

 
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June 18, 2024, 12:31:55 AM
 #60

Hello, what do you think - it is possible to open a crypto casino without any investments. I'm not including domain and hosting costs here, but I'm mainly talking about payout costs. Alternatively, if not a crypto casino, then faucet, something like freebitcoin but without a casino, just faucet.

You also need payout costs, the worst thing is players think that you are a small and struggling casino, when setting up a betting or investment platform you must show and make the players feel that you are properly funded if they doubt that you are not players will leave your platform.
So instant withdrawals and not withholding a huge winning if the winners pass all the requirements are very important, withholding winning because of lack of funds could become the end of your platform.

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