Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.
how about 5-10 bitcoin for start? and if it's too big for you, maybe you can use 1-3 bitcoin because it still a new gambling site and you need to proves to many people that your site is really good. you need to think about how you can protect your members, your site from the attacker, you need to think about the promotions for your site too. I don't have an idea about how much the prizes because it depends on yourself.
That is such a big amount of money, and I think that only experienced people can take the risk to invest such a big amount of money for opining a online casino. In fact no one know that what is going to happen in future either it will become succeeded or not what will be the gamblers response therefore I think that it is not so easy to start and run a gambling site.