About Online casino/gambling projects

Lucasgabd

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There's no need to be upset

Quote from: Vaskiy on October 13, 2022, 12:41:48 AM

During the previous bull market of 2017-18 more number of gambling tokens came into existence. The major use was to be used on their own gambling sites. Apart from the usage on gambling sites these are mere tokens. Very few of those tokens are still in the market and are being used.

With gambling sites development, we can see a good number of cryptocurrency accepted gambling sites into usage for a long time period. More platforms gained good reputation and at their peak ended their service for various reasons. However the cryptocurrency accepted gambling sites usage and development keeps growing with time.

it's normal to have more businesses opening during bull markets
those with weak business models or that don't plan ahead well for difficult times will usually close when things turn south (markets turn bear)

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Quote from: aioc on October 13, 2022, 12:47:26 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kill such project because even one or two survived for a long I don't see many alive till now, they fail easily or turn into scam later.

They cannot keep up with the competition because there are many new casinos coming up offering better features better than other casinos, gamblers are always on the look for better casinos and the casino that can give them good features and treat them well are what gamblers are supporting.

And we have found many casinos that have provided excellent service to their members, which is what makes these casinos still able to survive now. This is no other than because what they give to their members is very meaningful and can make their members come back to play gambling. Good features and satisfying service are something that these casinos should pay attention to, especially if they want to be a casino that is trusted and recommended by gamblers. It is not easy to achieve that but it is a continuous effort to help the casinos achieve it in the future.

aioc

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

You can check the site's registration to see how old the domain is by using https://www.whois.com/whois/ and to check the site history you can use https://web.archive.org/

Quote

Also what are the things that kill such project because even one or two survived for a long I don't see many alive till now, they fail easily or turn into scam later.

They cannot keep up with the competition because there are many new casinos coming up offering better features better than other casinos, gamblers are always on the look for better casinos and the casino that can give them good features and treat them well are what gamblers are supporting.

Vaskiy

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DGbet.fun - Crypto Sportsbook

During the previous bull market of 2017-18 more number of gambling tokens came into existence. The major use was to be used on their own gambling sites. Apart from the usage on gambling sites these are mere tokens. Very few of those tokens are still in the market and are being used.

With gambling sites development, we can see a good number of cryptocurrency accepted gambling sites into usage for a long time period. More platforms gained good reputation and at their peak ended their service for various reasons. However the cryptocurrency accepted gambling sites usage and development keeps growing with time.

chaser15

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Undeads.com - P2E Runner Game

Quote from: bitcampaign on October 12, 2022, 12:57:54 PM

there are some gambling sites that still survive like primedice even though I have never played there but I often see them always actively promoting on this forum, sometimes many casino and gambling sites fail and close due to lack of promotions and campaigns, as we can see those who actively carry out promotions and campaigns are more persistent than those who do not, at least always provide casino and gambling project developments every time so that gamblers feel more comfortable playing there

In the first place, survival is not the best term since Primedice still actively operating since the days of its inception.

When we say survive, it should experience the worst on the way but I never encounter any issues before that Primedice faces that kind of experience.

They even born a partner site in the name of Stake which is now becoming more popular all over the world.

bitcampaign

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20BET - Premium Casino & Sportsbook

there are some gambling sites that still survive like primedice even though I have never played there but I often see them always actively promoting on this forum, sometimes many casino and gambling sites fail and close due to lack of promotions and campaigns, as we can see those who actively carry out promotions and campaigns are more persistent than those who do not, at least always provide casino and gambling project developments every time so that gamblers feel more comfortable playing there

Lucasgabd

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There's no need to be upset

Quote from: Wexnident on October 06, 2022, 08:15:37 PM

There are a lot of projects that have lasted pretty long (though the same can be said to the ones that were lost), heck some of the new ones can even compete imo with the older ones, so it's really just a matter of finding one that could actually last and you're willing to invest on. Crypto casinos are pretty much just like any other casino so anything that kills casinos would basically kill an online casino as well. Put importance on customer support and answering user queries, try to solidify that part before trying to put out bonuses, events, etc., so that it can last for a long time.

if there's something easy to ruin and hard to build up it's reputation
it's good that some businesses are doing it quite well, duelbites and roobets are two of them, in my opinion
but there are many others
just better to stay away from shady projects.

robelneo

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Yes, we have casinos that have been around for twenty years long before Cryptocurrency casinos have around and they integrate Cryptocurrency into their system, one of them is the industry giant Stake.com when Cryptocurrency becomes popular in casinos many casinos come out and they are still around, the Crypto casino industry is doing great and one of the most stabilize industry.

There are some casinos that folded up but they just rebrand or the group set up a casino to relaunch to adapt to the market, some casino becomes scammers but it expected to have bad actors in this kind of industry.

Rengga Jati

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royalstarscasino.com

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Actually if you are analyzing the gambling projects in this forum, moroever in Gambling Board, you will find several old gambling projects that still exitesd. Although they may stop doing the signature campaign in this forum, it doesn't mean that their operation is also ended.
How old gambling projects will survive although there are so many new gambling projects because they really deserve this. They commonly have goo supports, security systems, great display and games that make the suers comfortable being in the platform, good reputation and also trust for every user without anybig issues that is not solved.

TimeTeller

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Quote from: Fatunad on October 08, 2022, 03:59:09 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

What kills a certain old reputable gambling site or platform?

1. Withdrawal issues
2. Shady results or simply talks about fairness
3. Altering their terms and conditions

As long on anything that do really touch up trust issues or simply breaking one of the most important thing then this is where bad impression starts.
Community is really that highly reactive when it comes to this manner.If they do saw somethings off or not usual then expect on what
would be the upcoming words or sentiments to be thrown out.

If they won't resolve their existing problems, gamblers will start to doubt the reputation of the site.
But I have seen one old casino here, with frequent problem of withdrawal issues, delayed payment and slow response from the owners.
And yet, they are still up and running. If you are long enough in the forum, you may know which casino I am talking about.
But most of the time, if the casino starts giving issues with withdrawals, people start to avoid using such casino.

Fatunad

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

What kills a certain old reputable gambling site or platform?

1. Withdrawal issues
2. Shady results or simply talks about fairness
3. Altering their terms and conditions

As long on anything that do really touch up trust issues or simply breaking one of the most important thing then this is where bad impression starts.
Community is really that highly reactive when it comes to this manner.If they do saw somethings off or not usual then expect on what
would be the upcoming words or sentiments to be thrown out.

tabas

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Top Crypto Casino

Quote from: Cling18 on October 08, 2022, 12:17:54 PM

Lots of casino sites have started as small projects but developed and turned into big casino sites in time. Yes, they have been running for a long time and still working until now. It took a lot of courage for them to build up a strong reputation to maintain and keep their site running.

It's no joke on how they've built their brand and reputation. It took them a lot of them until they're able to be noticed and trusted by most of the gamblers that they have.

Quote from: Cling18 on October 08, 2022, 12:17:54 PM

Most top casino sites nowadays have been running for a long time already.

Yes and one thing that I have seen with them is that they've become consistent. And it's all about how they've given the best that their gamblers wanna have through the typical features like deposits, withdrawals and some giveaways.

ralle14

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Shuffle.com

Quote from: Reatim on October 06, 2022, 09:25:17 PM

Bonuses are just part of the luring process but the main case is the support and the withdrawals , without those 2 any other casino businesses online will die for sure like what we mostly see here as they are tagged as scam projects.

I agree support is so important because fast responses are needed whenever there's an issue between their customers and the same goes here in the forum side. Thankfully though most casinos process their withdrawals automatically and usually it only gets delayed for certain reasons(security flag, maintenance, etc).

Quote from: Lucasgabd on October 06, 2022, 08:08:51 AM

but running an online casino is an expensive operation?
besides security, paying employees and having some bankroll what are the other huge costs?

I'd also include the license of the casino as some of them have different licenses aside from the usual Curacao one.

Cling18

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Lots of casino sites have started as small projects but developed and turned into big casino sites in time. Yes, they have been running for a long time and still working until now. It took a lot of courage for them to build up a strong reputation to maintain and keep their site running. Most top casino sites nowadays have been running for a long time already.

dimonstration

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Dimon69

Quote from: Strongkored on October 06, 2022, 10:09:37 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Many have survived for a long time and they continue to grow into big casinos, profit and can make collaborations with big sports clubs and outside this forum there must also be.
Survive or not the casino you want to build really depends on your abilities and intentions, many online casinos that appear are just to cheat and or be a scam because they don't have the ability to develop it and to get a profit, also your capital greatly affect the development.

I think he mean startup casino with utility tokens and not old casino that start from scratch because there is only few startup casino that I know that still survive on crypto space except those new web 3 casino like Betfury and Owl whose currently top of this type of casino but the rest who start this project idea during 2017 like edgeless, vslice and crypto casino startup with utility tokens already die or not that active anymore.

So I would assume only few survive and not that many if we consider those old projects way back then and not the new generation casino with utility tokens because they need to experience long crypto winter too before we can conclude.

jostorres

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Quote from: crwth on October 06, 2022, 08:23:24 AM

There are a lot of online gambling crypto websites that have been existing for a long time now, and a lot of members have already mentioned it in their posts. I don’t know what you mean by you don’t see projects that have survived because there is a lot.

Maybe what he mean are gambling sites which came out in the early days of crypto. There are lots of them when we backread the pages of our gambling section but many of them are not active anymore. I think that's because they are on chain type of gambling and people find it not really secure because they will just deposit on one address and the rest will be done automatically not like to the gambling sites nowadays where we have our own separate deposit address and we can be able to withdraw our funds manually.

Quote from: crwth on October 06, 2022, 08:23:24 AM

None of the trusted casinos have been scammed, but there are issues, of course, but they can be resolved for sure. Just look at members signatures. There are a lot.

A trusted casino remains trusted until they commit a scam. There are cases like that on the past. We must stay vigilant at all times and watch out for the signs to prevent them.

Strongkored

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Leading Crypto Sports Betting & Casino Platform

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Many have survived for a long time and they continue to grow into big casinos, profit and can make collaborations with big sports clubs and outside this forum there must also be.
Survive or not the casino you want to build really depends on your abilities and intentions, many online casinos that appear are just to cheat and or be a scam because they don't have the ability to develop it and to get a profit, also your capital greatly affect the development.

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: Wexnident on October 06, 2022, 08:15:37 PM

There are a lot of projects that have lasted pretty long (though the same can be said to the ones that were lost), heck some of the new ones can even compete imo with the older ones, so it's really just a matter of finding one that could actually last and you're willing to invest on. Crypto casinos are pretty much just like any other casino so anything that kills casinos would basically kill an online casino as well. Put importance on customer support and answering user queries, try to solidify that part before trying to put out bonuses, events, etc., so that it can last for a long time.

Bonuses are just part of the luring process but the main case is the support and the withdrawals , without those 2 any other casino businesses online will die for sure like what we mostly see here as they are tagged as scam projects.
I hate to see them losing but without proper support and the delays from withdrawals? surely it will end in bad ways.
have been playing for years , also had experiences in withdrawal delays but lucky that those site I played are really trustworthy and bring their words into reality so finding those is hard nowadays so better keep an eye on those areas.

wxa7115

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Bitcoin is GOD

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

You can see for yourself that there are in fact several casinos which have survived and thrived in this market for a very long time, if you are interested you can check the gambling section of the forum and take a look at some of those casinos.

And about what ends up killing them the truth is that the same reasons that affect regular businesses affect cryptocurrency casinos as well, some of them turn into scams, some others were badly administrated and went bankrupt and in some cases the owners lost the desire to keep themselves in business and sold their casino or simply closed their doors.

Wexnident

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I don't request loans~

There are a lot of projects that have lasted pretty long (though the same can be said to the ones that were lost), heck some of the new ones can even compete imo with the older ones, so it's really just a matter of finding one that could actually last and you're willing to invest on. Crypto casinos are pretty much just like any other casino so anything that kills casinos would basically kill an online casino as well. Put importance on customer support and answering user queries, try to solidify that part before trying to put out bonuses, events, etc., so that it can last for a long time.

alegotardo

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☢️ alegotardo™️

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

In fact there are many gambling sites that do not last a year, it is due to their facts that have been created in the ambition of trying to make easy money with this warm niche, but are sites that are launched without any planning.
The rules for this type of operation in several countries is also increasingly rigid, which has been amazing new adventurers.
However, we have several old, consecrated and safe sites (already mentioned by other participants).
For those who have good planning, money to invest and want to do the right things, can progress and make a lot of profit from this type of business

goinmerry

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I have read this a lot of times and I realized, are you referring to those gambling site projects that held an ICO or related stuff in the past and still operating up to this point? The reason I have thought of that is, those old gambling sites that already established a good reputation here didn't start that way.

Mostly from what I remember, most gambling sites that went through there didn't end up successful.

Finestream

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Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

This problem has been very common to most of the gambling casinos as they suddenly become tight when it comes to winnings withdrawals when in fact gamblers should be given more convenience withdrawing their own money. The reason why mostly gamblers do not gamble anymore on those casinos who have technical issues on deposits or withdrawals as it only means they are not reputable and they cannot be trusted most particularly if you win such huge amounts.

crwth

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https://linktr.ee/crwthopia

There are a lot of online gambling crypto websites that have been existing for a long time now, and a lot of members have already mentioned it in their posts. I don’t know what you mean by you don’t see projects that have survived because there is a lot. None of the trusted casinos have been scammed, but there are issues, of course, but they can be resolved for sure. Just look at members signatures. There are a lot.

Lucasgabd

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There's no need to be upset

Quote from: cryptomaniac_xxx on September 28, 2022, 04:05:54 PM

Quote from: ralle14 on September 28, 2022, 03:44:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Most likely it will be their financial situation that will really cause them to stop. We have seen a lot of casinos that we thought are really successful because they started here in the community and even have campaigns that have been running for many years. And yet we don't know what is happening from behind and we will suddenly here that they are going to shut down for good and we can only speculate that there is money problem despite them very active here. Others may have just re-brand themselves, but still if there is some scam or reputation issues, if won't solve it by just changing their names.

but running an online casino is an expensive operation?
besides security, paying employees and having some bankroll what are the other huge costs?

yes, re-branding is a thing sometimes
better to keep eyes open not to fall for scams
sticking to the most reliable casinos is probably the safest bet.

lionheart78

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Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

Most probably the problem is on the financial side of the casino. If they have the available fund, I believe they can have your withdrawal transaction processed instantly. The thing that delay your withdrawal is the lack of fund on the hot/cold wallet of the casino and is collecting funds on the losses of their player. When they have enough, then that is the time when you got your withdrawal request processed.

Quote from: Lucasgabd on September 28, 2022, 07:54:18 AM

Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

snipped..

this issue ends up coming to costumer support
if the website is responsive and helps with the issues it'll end up building trust over time and people will think it is reliable.

of course it's challenging when they are scaling exponentially.

I do not think that the is coming from customer support. Customer support are there to process or answer the client's inquiry. The processing of withdrawal is up on the Finance Dep't or technical Dep't and has nothing to do with support staff.

I believe if withdrawal request is delayed, there is problem with their finances and this will make players doubt the platform and eventually leave it and may start of the decline of the casino if not fixed. Many gambling project or online casino shutdown because of fund mismanagement even though their platform is working perfectly fine and had a successful marketing campaign.

cryptomaniac_xxx

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Quote from: ralle14 on September 28, 2022, 03:44:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Most likely it will be their financial situation that will really cause them to stop. We have seen a lot of casinos that we thought are really successful because they started here in the community and even have campaigns that have been running for many years. And yet we don't know what is happening from behind and we will suddenly here that they are going to shut down for good and we can only speculate that there is money problem despite them very active here. Others may have just re-brand themselves, but still if there is some scam or reputation issues, if won't solve it by just changing their names.

Lanatsa

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Quote from: ralle14 on September 28, 2022, 03:44:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Most of the time it would be pertaining about revenue on which you cant really make and considering that there are lots of expenses on running off a site then it would really be just normal that you would really be

looking that you should really be making up some money or profits so that you could sustain.Whenever your popularity had decreased and people do play on the site lessens out then you would definitely be

considering on closing up the doors.Surprisingly there are lots of casino gambling sites on this market which are old and able to sustain for long time.

ralle14

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Shuffle.com

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Vinaa77

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

If you use the platform too, and you bet there, of course you will see the level of win you get. For example, if you have $1k in cash, you bet the first stage, then fail. And you add $1k for the second stage, and it fails again. Then you add $1k in the third step, if that doesn't work then the platform isn't worth using, because the platform owner is really making a one-sided system. In another sense, the bookie can't be beat.

So that in this condition in a short time, users will leave the platform which makes the platform owner no longer able to maintain their platform because it is not matched with expenditure. This is what makes them close the platform. Maybe this is not at the stage of a scammer.

jrrsparkles

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

There are some casinos are still under operation even near a decade and the competition among the new casinos made the market to be more competitive as well as has to keep finding innovative ideas.

About the tokens launched by casinos mostly they failed and they are not really having any utility since the cryptocurrency like bitcoin is more preferred by players as well as investors.

dezoel

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IDK if what suddenly got you to this but are you lately been involved in gambling? Because, usually if you are new to it, you will also explore more things which are also related to it and one of it of course are those casino tokens. Crypto gambling is not a utility but it's an industry and they have been here for years. When you say utility that must be the usefulness of a casino token.

There are old projects like betfury's bfg and next would be the tfs token. the recent one would be owl token by owl casino. There's also freebitco's fun tokens but I think this one has a lack of utility among the three. The one that can kill a project is of course lack of interest of the owner and also the heavy competition.

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Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

this issue ends up coming to costumer support
if the website is responsive and helps with the issues it'll end up building trust over time and people will think it is reliable.

of course it's challenging when they are scaling exponentially.

danherbias07

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Stake.com, Sportsbet.io. These two sports and casino online site had been in the industry for quite some time.
There are those who had personal problems that's why they closed down. They are not scams just having some trouble dealing with both. i.e. Bitvest, 777, and Yolodice owned by ethan.
I think what you need is a strong team. Trustworthy ones that could deal with large amounts of money and cryptocurrencies because once you open it, there will always be players that will try.
Creating events is also important as it can boost the number of players, especially thru referrals and affiliation links.

Mauser

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

What do you mean with crypto gambling projects? Are you interested in running your own crypto casinos? A crypto casino is not really different from a normal online, only that it deals mainly in crypto currencies. Do you have prior experience in running gambling companies? If not, you should make a lot of research before getting into it. Over the last 18 month we saw a lot of new casinos entering the online market and many of them failed. It takes a lot of time, resources and money to run a successful casino. The main issue with new casinos is that they are struggling to attract enough customers to remain profitable. A promotion can bring a lot of gamblers to a csfino, but it's difficult to make sure that they stay and gamble regularly.

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Quote from: sunsilk on September 26, 2022, 05:49:18 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Convenience is what I think the main reason why gamblers are staying on a casino. And that includes on how easy it is to contact customer support for most problems that a customer may face.

our money needs security so good communication is what we needs here for most of the chances .

I love to see players engaging in good casino than to those who promise bonuses.

Quote

Like having hard times or problems in withdrawals and deposits. That's one of the major problem that most gamblers would like to have an assurance that if a casino promised that it'll be an instant withdrawal, then just do it as what it's said in the promise.

I hate issues in every site that I am playing , even if it is minor or major, i will leave that site once i encounter problems.

Quote

Next is the variety of cryptos being accepted. It's part of being convenient to a casino that has wide range of supported cryptocurrencies because not everyone of us would like to gamble with bitcoin and other top coins because, we're all saving that in the future.

even if it accepts few coins as long as it is available in my wallet? its fine with me but yeah indeed that the more coins is the merrier for crypto gamblers.

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

One casino project falls and another casino project grows even more. And if one of the old projects stands up to now, it proves that the public's trust is so great. Primedice and Freebitco.in as far as I know have quite a long time in the world of online crypto casinos. But is that all you're looking for when the answer is already given? Would you decide to drop the bet after finding out?

Don't be surprised, not a few casino casinos have fallen and become scams, but when you know there is a casino that has been trusted by the public for quite a long time, it becomes a reference for us to be able to trust more where to play.

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

If you visit the Gambling section, you will find that some casinos have been around for years and are still doing well today. These casino sites are still casino sites that have a good reputation and have many members who still play there. So crypto casinos have been around for a long time and still exist today.

But indeed, some casino sites don't last long after launch, which can be due to some things. If the casino has a lot of scam cases, people will not want to play there because it means they will lose their money, even if they can get a win.

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I guess it's probably about management and whether there's enough patrons to sustain operations. But, yes, there are crypto casinos that have been in operation for many years, for almost a decade in the case of Primedice, for example.

Today, the competition has been elevated to a whole new level with the influx of new crypto casinos. Crypto gamblers are, of course, limited so crypto casinos are highly competing against each other. It's now a battle of features, perks and privileges, marketing and sponsorships, and so on.

xSkylarx

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

is there any old project that live this long and still functions?

I've known cloudbet, bitcasino, and primedice since my newbie days way back 2016 and those gambling websites are still operating until now.

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

If you are pertainining on gambling casinos, there are many factors why these platforms shut down. Reputation plays a big role to it. If a gambling website have many bad reviews, users will definitely not play there. If that casino doesn't have enough users in the long run, they are likely to close the website once they don't have enough funds to maintain it..

adzino

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Are you talking about those regular online crypto casinos? Well, there are lots and even more popping up every now and then, but only few managed to survive. And of course there are lots that has been around and still "functions" perfectly.

Or are you talking about those blockchain based crypto casinos? Well no one uses them because why would they need those casinos if normal casinos already exists? They don't offer anything new. They say they are "decentralized" but they aren't. The developers can control everything!

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

....Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Why not just ask what helped them survive?

Some basic things I could think of are,
- early crypto casinos had the first move advantage but they also had the tough task of making a name for themselves
- after the early movers made crypto gambling popular then come the casinos that introduced their native tokens with some perks that's only available to their token holders

passwordnow

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Quote from: samcrypto on September 26, 2022, 04:45:53 PM

Quote from: passwordnow on September 26, 2022, 04:30:48 PM

I've seen hundreds of them and from that a lot, only a few projects which you can count with your hands have remained or even less than that. If the interest you've got is about the tokens and its use case for being used in a casino, that's a lot of work to do and it's not easy based from what I saw from those projects before.

Not all site have their own token for their gambling site and I believe this is the reason why the top gambling site is still here simply because they didn’t focus in other things instead they focus on making the platform better by accepting many crypto as much as possible as preferred by many site. I’ve been with stake for years already and I can say that this is one of the old yet best site to bet with. Don’t look for small site OP, they are usually the one that turns into a scam.

Yes, not all casinos have their tokens but I guess he's specific on that part since he has mentioned about "project" and "utility". So, I'm assuming that he's talking about those projects that has tokens that has a main business related to gambling or being a casino itself. Those that want to be successful in this business has to learn from those that are at the top and don't have the idea of owning or launching their own tokens yet, they're still popular and known.

Quote from: serjent05 on September 26, 2022, 04:47:09 PM

Quote from: passwordnow on September 26, 2022, 04:30:48 PM

It's because tokens are not really that necessary at all, there could be from little to no demand if you're also accepting other cryptocurrencies into your casino.

It depends on how the project uses it. If players find the token to be beneficial to them, they will gladly avail of it, the sad thing is project owners often disregard the important ideas that can be integrated on the token making them useless to the development of the platform and just use them to money grab.

It will only beneficial when there's that staking part and it's allowing holders or stakers to earn dividends.
That's mostly the utility and usage that I've been seeing from casinos that has tokens.

DoublerHunter

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Quote from: el kaka22 on September 27, 2022, 05:05:18 PM

Casinos are quite difficult to manage because it requires a lot of people to make it work at the same time. I mean imagine being offline and sleeping, if nobody is looking at what's going on, you are going to get abused for user, people will figure out your times and will abuse it somehow.

It's better to have 3 people for each position to have 8 hours shifts at all times (and 2 people at 12 hour shifts when one of them is not available) and that means a lot of people, not just the owner, from developer to designer to staff, the staff needs to be a lot, so they can help with the support. And we are talking about opponents with millions of dollars in marketing, that's who you would be going against.

^Definitely right and this is true.
It is hard to compete with others now, especially those old gambling casinos that already existed in the gambling business.
It needs manpower or staff that can be able to manage and work your gambling casino 24/7, the fastest customer support seems like it is a part of business marketing in gambling, the first thing that gamblers looking for is the CS.
However, if I will you OP just choose a gambling casino that already existed here for how many years.

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Casinos are quite difficult to manage because it requires a lot of people to make it work at the same time. I mean imagine being offline and sleeping, if nobody is looking at what's going on, you are going to get abused for user, people will figure out your times and will abuse it somehow.

It's better to have 3 people for each position to have 8 hours shifts at all times (and 2 people at 12 hour shifts when one of them is not available) and that means a lot of people, not just the owner, from developer to designer to staff, the staff needs to be a lot, so they can help with the support. And we are talking about opponents with millions of dollars in marketing, that's who you would be going against.

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Quote from: kamvreto on September 27, 2022, 01:49:41 PM

Quote from: virasisog on September 27, 2022, 01:19:24 PM

Quote from: Eternad on September 27, 2022, 10:27:04 AM

Quote from: qwertyup23 on September 27, 2022, 10:21:55 AM

Quote from: Little Mouse on September 26, 2022, 12:30:59 PM

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for a long time, unlike startup casino that only has limited funds and usually closed when their funds run out since they don’t have capital from there own pocket to run the casino.

Newly built casino sites are having a hard time competing with long-time reputable casino sites because old casinos have a firmer foundation and established capital to keep their site running. New casinos are having a hard time sustaining their sites especially if they're not able to attract and keep more players. It will be too challenging for them because old reputable casino sites have been through a lot and they know how to deal with the status of the crypto market. New casinos need to look for firm support that will also finance their utilities

Strong support such as several early investors who supported the establishment of the casino website as well as doing some advertising on forums such as the Bitcointalk campaign and in several casino communities. New casino sites do require quite a lot of initial capital so that they can be recognized by many players and become their favorite casino. Hiring a few casino influencers will also help to promote the casino site. and what is no less important for new casinos is that the User Interface must be really attractive and updated, following current user interface developments as well as more varied game support and customer support to help players when they get some problems.

Continous development + Active marketing + Decent bonuses and perks

This is what makes the business to sustain for long.There might be something new but these old ones wont really be stopping on competing and trying out to adapt on whats new or whats the trend.
Specially now we are seeing that casino platforms are integrating sports betting as of this moment which it did really make out some good impressions into those gamblers around.
And this is what makes people stay and support out on the site that they are playing with.The older the most reputable and trustable it is.
They wont really last long into this market if they dont really have those qualities.

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Quote from: virasisog on September 27, 2022, 01:19:24 PM

Quote from: Eternad on September 27, 2022, 10:27:04 AM

Quote from: qwertyup23 on September 27, 2022, 10:21:55 AM

Quote from: Little Mouse on September 26, 2022, 12:30:59 PM

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for a long time, unlike startup casino that only has limited funds and usually closed when their funds run out since they don’t have capital from there own pocket to run the casino.

Newly built casino sites are having a hard time competing with long-time reputable casino sites because old casinos have a firmer foundation and established capital to keep their site running. New casinos are having a hard time sustaining their sites especially if they're not able to attract and keep more players. It will be too challenging for them because old reputable casino sites have been through a lot and they know how to deal with the status of the crypto market. New casinos need to look for firm support that will also finance their utilities

Strong support such as several early investors who supported the establishment of the casino website as well as doing some advertising on forums such as the Bitcointalk campaign and in several casino communities. New casino sites do require quite a lot of initial capital so that they can be recognized by many players and become their favorite casino. Hiring a few casino influencers will also help to promote the casino site. and what is no less important for new casinos is that the User Interface must be really attractive and updated, following current user interface developments as well as more varied game support and customer support to help players when they get some problems.

348Judah

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Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

Also in addition to this, some gamblers also contributed to the cause of this failures when they are trying to act funny and smart with bonus hunting by using crooked ways to accumulate and violate their rules, so OP should bear it in mind that there will be countless attempts on such if he got to lunch a casino, but nevertheless the site functionalityatters most to gamblers, having encounters on issues related to denied access to some functions is a big vexation on the gambler and the casino operators should build more defensive resistance ad against such abuses.

Wiwo

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Quote from: Solosanz on September 27, 2022, 09:41:14 AM

There's many casinos already survive since a long time e.g. cryptogames, 777coin, bitvest, primedice, bitcasino.io, sportsbet.io etc.

The reason why many casinos didn't survive for so long is mostly because of the casino bankroll. Most new casinos will offer a good promotion and it needs a cost especially if there's a lucky gambler who can beat the requirements and reach the maximum bonus they can withdraw

This is why before creating an online casino or business, you need to have enough funds first.

The casinos you mentioned are truly among the oldest casinos around and casinos like 777coin and bitvest have been around for as far back as 2013 and they are still performing well and reputable, unless for some issues that have been raised sometime back on some of them but aside from that stake is among the oldest casinos too but just that stake is not as old as the other ones. But what I want ops to understand is that even new casinos can be highly effective and profitable to players thereby building a good reputation as time goes on.

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Quote from: Eternad on September 27, 2022, 10:27:04 AM

Quote from: qwertyup23 on September 27, 2022, 10:21:55 AM

Quote from: Little Mouse on September 26, 2022, 12:30:59 PM

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for a long time, unlike startup casino that only has limited funds and usually closed when their funds run out since they don’t have capital from there own pocket to run the casino.

Newly built casino sites are having a hard time competing with long-time reputable casino sites because old casinos have a firmer foundation and established capital to keep their site running. New casinos are having a hard time sustaining their sites especially if they're not able to attract and keep more players. It will be too challenging for them because old reputable casino sites have been through a lot and they know how to deal with the status of the crypto market. New casinos need to look for firm support that will also finance their utilities

Eternad

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Quote from: qwertyup23 on September 27, 2022, 10:21:55 AM

Quote from: Little Mouse on September 26, 2022, 12:30:59 PM

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for long time unlike startup casino that only have limited funds and usually closed when there funds run out since they don’t have capital from there own pocket to run the casino.

qwertyup23

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Quote from: Little Mouse on September 26, 2022, 12:30:59 PM

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

Solosanz

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There's many casinos already survive since a long time e.g. cryptogames, 777coin, bitvest, primedice, bitcasino.io, sportsbet.io etc.

The reason why many casinos didn't survive for so long is mostly because the casino bankroll. Most new casinos will offer a good promotion and it need a cost especially if there's a lucky gamblers can beat the requirements and reach the maximum bonus they can withdraw

This why before creating online casino or business, you need to have enough funds first.

Pierre 2

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

are you planning to have a crypto gambling site? just make sure that you have enough funds to sustain this business because this is really a expensive type of business.

Quote

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

are you here since long time? if does then you should change your post because there are still tons of old gambling site that still exist nowadays.

Jody.Drummer

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Quote from: Rruchi man on September 26, 2022, 04:59:02 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Rather than rushing in to that new environment of business, your approach is good, trying to knowing what has kept old casino's in the game before trying to start is a good approach. I like that you want to learn from the experience of others instead of finding out for yourself which can be fatal to your business. Good luck on your dream.

Yes, don't get caught up in our own ignorance. Asking is important rather than having to suffer losses later. I mean losses in terms of because we entered the wrong casino or gambling provider. Now it has been enforced regarding the license and that is good news for its users. Because those who are registered must follow the steps to be trusted.
The advantage for us is that we can see from their seriousness in managing the casino. This will indirectly control them as a provider.

davis196

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

You want to start your own gambling project or you are simply wanting to know more about old gambling projects out of curiosity?
The things that could potentially kill a gambling project are:
1.The owner/s of the project getting greedy and running away with the money. A.K.A Exit scam.
2.A website that doesn't look good enough and lacks functionality.
3.Lack of good advertising.
4.Lack of customer support or bad customer support.

traderethereum

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Many online crypto casino sites still survive and still provide good service to their members, both old and new.
They can survive now because many of them can earn the trust of their members and always provide something that still attracts members and can even get more members.
They continue to promote on many media sites so that many people will see their site and end up visiting it.
But if you ask what can kill a casino project if they can't provide good service and always have problems, whatever the problem, then no one will want to stick around and use the site to gamble.

Poker Player

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Quote from: Little Mouse on September 26, 2022, 12:30:59 PM

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. .

Yes, gambling sites were very important in the history of Bitcoin and also of this forum. Just look at the number of signature campaigns that are from gambling sites.

Quote from: jackg on September 26, 2022, 03:03:26 PM

A lot turn into scam or disappear because they have bankrolls that are hard to manage. Even some places where the bankroll is invested by other users have seen issues in the site going offline (probably due to it not being profitible or due to a hack in some cases, exit scams are quite rife here too and there's been quite a few gambling related ones).

Also because it is very easy to disappear. At the beginning they didn't even have licenses, so setting up a bitcoin casino, operating for a while and disappearing without a trace was very easy. Today most of them have licenses, even if they are from tax havens, and although there are still scams, little by little more control is being imposed.

AicecreaME

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Quote from: Cookdata on September 26, 2022, 08:01:16 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I have seen some casino in this forum that has been functioning right way back in 2013 and 2014 that is still functioning to date and we have some that were lunch this year and just lasted for a couple of months. There are so many reasons that contribute to the longevity of casinos been live for long such as keeping a good reputation and not scamming players, paying instantly when users request withdrawals, doing promotions and marketing to keep players in check, free slots and bonuses and many more. What kills casino projects faster than anything others are denying users withdrawals and nothing having enough funds to pay players are the quickest way your company will die, we have seen cases like that here where such casinos end up scamming users and locking their accounts for nothing. If you don't have enough resources to start a casino, don't open one.

I agree with this. There are many casinos that has been established for five years and more already that has been standing strong and operating continuously up until this date. The reason why these casinos are still operating despite many arising competitors are already mentioned, but let me mention some that matter to me such as having a good reputation, maintaining their mission and vision prior to their peak of business, staying true and transparent with their clients, attending to their clients issues and concerns, and conducting up to date campaigns and promotions to keep their casino relevant and in par with the new and existing ones.

These are the things which can keep them going and being patronized by the gamblers. Of course, how they handle their business and how they present it to the players matter the most. If they satisfy or even exceed the expectations of their players, then it is considered to be guaranteed that the players will be loyal to them and might even bring new players in. Otherwise, they will slowly crumble and be like other businesses that didn't thrive because of lack of good management.

rodskee

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

your curiosity cam easily be answered just by browsing this section , clicking each casino threads and you'll find how long the list of old projects that still existing and many are still having their advertising in this forum.

and also there is only one thing that kills those project and that is their attitude and behavior , if they don't pay interest in any problems their players having? then they may kill their own project/company .

Cookdata

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I have seen some casino in this forum that has been functioning right way back in 2013 and 2014 that is still functioning to date and we have some that were lunch this year and just lasted for a couple of months. There are so many reasons that contribute to the longevity of casinos been live for long such as keeping a good reputation and not scamming players, paying instantly when users request withdrawals, doing promotions and marketing to keep players in check, free slots and bonuses and many more. What kills casino projects faster than anything others are denying users withdrawals and nothing having enough funds to pay players are the quickest way your company will die, we have seen cases like that here where such casinos end up scamming users and locking their accounts for nothing. If you don't have enough resources to start a casino, don't open one.

bittraffic

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Quote from: goinmerry on September 26, 2022, 06:58:41 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Some legit gambling sites here before are making their announcement that they will now close. In their farewell statement, they are including some of the possible reasons although we don't know if that's true.

However, it's a good characteristic that they are doing a good farewell statement instead of doing an exit surprise scam.

If I have time I can search those threads for you.

It's always assumed they are not making money out of it. Casino in crypto is competing with each other to emerge on top. Some of those who closed or just disappear is because they've got some scam accusations or not really earning.

There are honest casinos who actually announce on they are closing, you can just comment farewell though you have not tried them. The not so honest scam users first before shutdown without notice.

goinmerry

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Some legit gambling sites here before are making their announcement that they will now close. In their farewell statement, they are including some of the possible reasons although we don't know if that's true.

However, it's a good characteristic that they are doing a good farewell statement instead of doing an exit surprise scam.

If I have time I can search those threads for you.

harizen

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

You can check those active ANN threads in the Gambling section.

Check the creation date of that thread, obviously on the first page, and you should find some gambling sites that are operational already for several years and are still alive and kicking today or should I say, even getting more bigger as they progress!

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Various reasons are; site CEOs shift interest to other businesses just what happened to Yolodice (correct me on this, thanks), lack of funding and decide to stop now the operations, scammed exit, etc.

Other reasons are not mentioned.

Regardless of the reason why the site is closing, what matter is, they should do a good exit and give time for their users to withdraw their respective funds.

kawetsriyanto

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duelbits.com

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

~is there any old project that live this long and still functions?

Have you done research first before you made this thread? I suspect you forget to check the "gambling board".
Freebitco.in, Stake.com, Sportsbet.io, Bitcasino.io, Bitvest.io, Crypto.games, and Primedice.com are some examples of casino/gambling sites that already survived for many years. You can find more on the gambling board, it is easy to check whether they still function or not.

*Gambling board: https://bitcointalk.org/index.php?board=56.0

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

~what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Of course, there should be scam casino projects, scammers take advantage of the popularity of online casinos.
I think for the scam cases, it is clear that they didn't survive because it is not intended to survive, scammers made them grab instant money only. They will leave the scam project when they got enough money.

sunsilk

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Convenience is what I think the main reason why gamblers are staying on a casino. And that includes on how easy it is to contact customer support for most problems that a customer may face.

Like having hard times or problems in withdrawals and deposits. That's one of the major problem that most gamblers would like to have an assurance that if a casino promised that it'll be an instant withdrawal, then just do it as what it's said in the promise.

Next is the variety of cryptos being accepted. It's part of being convenient to a casino that has wide range of supported cryptocurrencies because not everyone of us would like to gamble with bitcoin and other top coins because, we're all saving that in the future.

uneng

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Lack of updates and innovation from times to times make customers lose interest for the websites and migrate to the new ones. However, there are many sites alive for many years already, as we can see on previous posts on this same thread. To remain active and popular an online casino has to offer similar or superior features their competitors are offering.

In early days a simple dice game was enough to make an attractive crypto gambling website, but no more. Now platforms have to offer a complete selection of classical gambling games, plus a great variety of live games and sports betting as well. And probably in some years it won't be enough anymore, so casinos must be constantly developing and upgrading their services.

coin-investor

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Stake.com has been around and they have been here long before Satoshi created Bitcoin it was launched in 1998 and it became the leader in the Cryptocurrency casinos industry they can boast as one of the oldest online casino

Quote

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

One word, they cannot keep up. competition is very stiff in the gambling industry either you ship in or you ship out, if the casino cannot deliver what the community wants and they don't have good marketing the competition will kill them, so if you're going to play, play on a more established casino, many casinos before they close down are scamming their players

Slow death

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

In this thread, casinos that have been operating for years have already been pointed out, if you are interested in creating a project I advise you to take a lot of time and do research and preferably find out about the risks and profits of a casino, but like this one It is a sensitive and extremely important subject, ideally, you can get an interview with a casino owner so that you can get better answers.

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

without a doubt the biggest problem is in the management and planning. if you have access to a lot of information, you have good bankroll management and you also have an advertising campaign then you can succeed. now why many casinos become scams? because this is a market that is already full of casinos, so there is a lot of competition, so to survive in this market you need to have good bankroll management, a good advertising and innovation campaign, if you are offering the same thing as all casinos too offer then you won't attract many customers, you have to offer services that other casinos don't offer

Rruchi man

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Rather than rushing in to that new environment of business, your approach is good, trying to knowing what has kept old casino's in the game before trying to start is a good approach. I like that you want to learn from the experience of others instead of finding out for yourself which can be fatal to your business. Good luck on your dream.

famososMuertos

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You can't be generic without handling statistics, on average with Fiat casinos the same thing happens, some projects close, others become scams, others go bankrupt, etc. In the first decade of the 21st century, Fiat poker casinos abounded, then to the current date there may be less than 10% of those who started in that decade.

What is interesting to compare is that, and this is a sensation, I don't have the data, but in the first decade of the 21st century, more Fiat casinos disappeared than those that have disappeared from the crypto environment in the last 10 years.

serjent05

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Mismanagement is the number one issue that kills the project. Since mismanagement involves the overall operation of the online casino, being poor on that will lead the gambling project to being bankrupt. Others to save the financial status of the project often rely on dirty tricks that are borderline scamming the player of their winnings by using holes on the TOS that is easily exploited by the project owner.

Becoming a scam I think is planned even before the project is created, so it is actually the end goal of the project owner, to run away with the fund when right time came.

Quote from: passwordnow on September 26, 2022, 04:30:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's because tokens are not really that necessary at all, there could be from little to no demand if you're also accepting other cryptocurrencies into your casino.

It depends on how the project uses it. If players find the token to be beneficial to them, they will gladly avail of it, the sad thing is project owners often disregard the important ideas that can be integrated on the token making them useless to the development of the platform and just use them to money grab.

Quote from: Baofeng on September 26, 2022, 04:25:55 PM

One thing that kills gambling projects is obviously if they don't have players to begin with, and those who don't processed withdrawals and then who are blatantly scamming gamblers. Others could have been dead because they weren't able to maintain good security, been hack and drain everything.

Indeed marketing strategy is also one very important aspect of gambling platforms. We can see successful Casinos and gambling site have partnerships with known people, have regular promotional options on their site, and keeps advertising on a different platform to ensure the platform exposure is done regularly.

Mahanton

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

There are lots as far as i know.These are the ff:

Freebitco.in
Primedice
Bitkong
Crypto.games

I know i had missed something but much sure that there are already some numbers in speaking with those
long time running casinos that we do have on this crypto space.Question on how they do sustain?
They do just give their best on offering the best as they can in the community.

samcrypto

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Quote from: passwordnow on September 26, 2022, 04:30:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

I've seen hundreds of them and from that a lot, only a few projects which you can count with your hands have remained or even less than that. If the interest you've got is about the tokens and its use case for being used in a casino, that's a lot of work to do and it's not easy based from what I saw from those projects before.

Not all site have their own token for their gambling site and I believe this is the reason why the top gambling site is still here simply because they didn’t focus in other things instead they focus on making the platform better by accepting many crypto as much as possible as preferred by many site. I’ve been with stake for years already and I can say that this is one of the old yet best site to bet with. Don’t look for small site OP, they are usually the one that turns into a scam.

passwordnow

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

I've seen hundreds of them and from that a lot, only a few projects which you can count with your hands have remained or even less than that. If the interest you've got is about the tokens and its use case for being used in a casino, that's a lot of work to do and it's not easy based from what I saw from those projects before.

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's because tokens are not really that necessary at all, there could be from little to no demand if you're also accepting other cryptocurrencies into your casino.

Baofeng

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

You can check,

1. https://primedice.com/
2. https://stake.com/ - The one in my signature

They have been in crypto space for many years and the one who started the trend and still up to now they are still around even though there are a lot of competitions in the last 8 years or so.

One thing that kills gambling projects is obviously if they don't have players to begin with, and those who don't processed withdrawals and then who are blatantly scamming gamblers. Others could have been dead because they weren't able to maintain good security, been hack and drain everything.

crzy

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

The competition here in crypto gambling is huge, as we can see almost every month there’s a new site and they are competing with the top site which already have a good number of players if they failed to market the project most probably they wont last and the worst case is, they can turn into a scam project. There’s a lot of old site that is still here, they are also on the top simply because they offer great service and their platform is exceptional.

Zlantann

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Most times there are always similar things that kill business or projects. Firstly, the foundation of the business or projects is important. If you want to begin and casino project that would last for a long time then you must ensure you study the market and come up with your goals, objectives and roadmap to achieve them. Most casino projects die because of lack of planning.

Some casino owners view the business as a get rich quick scheme. Hence, when the profit is not rolling the way they projected, they tend to close the business and run away with customer's deposits. You must note that business takes time to grow, hence there is need for diligence and patience.

Most online casinos fail because of lack of cybersecurity and privacy management. Most of them are hacked by scammers or sometimes information of customers are stolen and used to carryout criminal activities.

Qualified human resources is very important for the success of an online casino firm. Most casino firm die easily because they don't have the right team or staff that would drive the vision or goals of the business. It is very important to recruit and consult the right personal, if you want to succeed in the crypto casino industry.

agustina2

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Just like the usual business, success depends on how site owners will manage properly their business to last long. Since the competition in crypto-gambling is so tough, site owners have to think of the best possible promotions and features to lure users to play on the site.

Lastly, big capital is really necessary to run gambling projects that will last for a long.

If successful, that big capital can be soon achieved its ROI and what's next is pure profit.

theskillzdatklls

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's a competitive industry. And while it may seem like lots of people like using Bitcoin/crypto inside some kind of bubble, especially on this forum, most people in the world still prefer using fiat, making the vast majority of gambling take place that way.

So it can and does exist and prosper for a bunch of reasons. But there's also a lot of things holding various aspects of it back.

dothebeats

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Primedice and freebitco.in.

These two are still going strong after all these years, and have built a very active community and a huge playerbase with lots of loyal patrons. Even I remember the transition of freebitco.in from a dedicated btc faucet up until its transition to a casino. They just focused on their brand and just did what they do best, and people supported them for that. Community relations also go a long way. During Primedice and freebitco.in early days, a lot of their reps are active and can easily be approached.

jackg

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I remember primedice (stake.com), 777coin [currently offline] (bitvest.io) and freebitco.in being around since about 2013.

The sites in brackets are ones that share the same team or seem to have started as a branch from the same project/company.

A lot turn into scam or disappear because they have bankrolls that are hard to manage. Even some places where the bankroll is invested by other users have seen issues in the site going offline (probably due to it not being profitible or due to a hack in some cases, exit scams are quite rife here too and there's been quite a few gambling related ones).

TimeTeller

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Quote from: Wiwo on September 26, 2022, 02:40:19 PM

Ops you are advised to always use the search features of the forum before asking any questions, to know if it has been answered on the forum before. Am sure there hand full of old casinos that are still very active and relevant over the years and until now, you can read through the forum to see some of those old casinos, and am sure a handful of them are still active with their signature campaigns on the forum e.g stake.

Aside from that, I can attest that there are old gambling sites that have survived up until now.
A very good example are freebitco and primedice, and honestly, I knew these sites before knowing this forum.
I believe a lot of users here are also long-time players in those 2 mentioned sites.
We can understand about the question of the OP as he is a newbie in the forum.
But if he tries to read the gambling board itself, he will surely understand that there are several casinos that are still active today.

Wiwo

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Ops you are advised to always use the search features of the forum before asking any questions, to know if it has been answered on the forum before. Am sure there hand full of old casinos that are still very active and relevant over the years and until now, you can read through the forum to see some of those old casinos, and am sure a handful of them are still active with their signature campaigns on the forum e.g stake.

Fortify

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's a bit of a bizarre question to ask in a forum that is packed full of threads about different gambling companies that have existed for many years already. Are you looking for smaller scale projects that maybe revolve around one game? The thing is, these companies have to grow big and fast or they might get stamped out by all sorts of effects. These days if you want to successfully launch a new crypto casino or sportbook you really need to have deep pockets because there are a lot of factors conspiring to put you out of business and the basic infrastructure you'll need requires a lot of upfront costs. Then you have to plow in a lot of cash in advertising along with offering things like welcome bonuses, and maybe run at a loss for the first couple years while building a reasonable user base.

Jemzx00

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There are various different online gambling casinos that are still around for quite some time now. One of the longest-running crypto casinos out there is Primedice which has been trusted by many gamblers out here. Primedice offers a quite simple casino game which is a dice game but if you are interested in other gambling games such as slots, sports betting, and other casino games then I suggest you visit Stake which is created by the same makers of Primedice. Also, other than Primedice, Freebitco.in, JustDice, and other casinos that you can find here at the Gambling board has been running for a long time and is still active up until today.

Viscore

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Quote from: Little Mouse on September 26, 2022, 12:30:59 PM

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

Gambling has been around for long as well as those reputable gambling sites who are still very accessible until now and are still widely played by most of the gamblers. You can check it in the gambling boards if you like. However, moving this thread into gambling discussion will create more valuable and clear insights for you as a lot of gamblers will share their own experiences from different gambling sites.

n0ne

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DGbet.fun - Crypto Sportsbook

Very limited usage of those tokens is a big reason that makes the projects get unused. When we talk of projects associated with gambling, the tokens are used in the gambling site for gambling and it doesn't have any more usage. There were investment opportunities, and very few number of people prefer this over other cryptocurrencies available in the market.

348Judah

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

OP your topic is an interesting aspect and i see the gambling section best suitable for your question to receive more response because there in gambling board, all discussion related to gambling where easily attended to upto satisfaction, there's jo need of creating another topic there, just move the thread to gambling discussion preferably.

Little Mouse

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

KiaKia

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Vave.com - Crypto Casino

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Topic: About Online casino/gambling projects (Read 682 times)