Hi guys I wanted to ask some of big family members who have experience in crypto and also in gambling. But my experience is not good in gambling.
If someone wants to start a Gambling casino online with Cryptocurrency than how much money is needed. I think that 100k dollars initial capital would be enough to satrt a better casino. Cause we have to promote and also do other such promotions.
So what are your thoughts?
If you dont have an idea of starting a casino from scratch, even a million USD might not be enough. $100k is definitely not going to be enough for everything imo. Whats your casinos bankroll going to be? $50k? No serious gambler will want to play there. $100k maybe enough for your education about this business but it is not enough to start a serious casino. Thats because you will have lots of hidden costs which you cant even imagine now. There are much better, easier, safer businesses which you can invest your $100k and still can make decent returns.