bitcoin dice casinos. Is it profitable to have such casino?

roadbits

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Quote from: mirakal on April 15, 2017, 04:17:13 AM

Quote from: FLoving on April 14, 2017, 03:29:57 PM

Quote from: michaelch on April 14, 2017, 02:53:55 PM

Casinos are almost always profitable. But depends on whether you can get enough customers and enough bankroll.

Having enough bankroll is compulsory while getting enough customers is not a problem if he have money for advertising his casino. If he will be able to advertise then he will be able to get more customers from everywhere while if he will not have money for advertising then he will close up sooner.

Having enough bankroll is the first step, with enough funds you can make all the development that it is in your mind, because your main intention is to attract people, it is to be noted that all the advertising and promotions should be aggressive due to the big competition in the market.
I have seen more and more casinos operating now because they see a big market for the industry, therefore if you plan to operate, you have to compete.

The big Bankroll is a major part to open new casino site, after launch your website if you are getting profit or loss no matter you should have money to run your site at least 6 months of the period, Then only you can enter this field otherwise remove this concept in your head. Becasue beginning we can not expect anything in any business we have to run certain period then only we will get the actual result.

mirakal

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Quote from: FLoving on April 14, 2017, 03:29:57 PM

Quote from: michaelch on April 14, 2017, 02:53:55 PM

Casinos are almost always profitable. But depends on whether you can get enough customers and enough bankroll.

Having enough bankroll is compulsory while getting enough customers is not a problem if he have money for advertising his casino. If he will be able to advertise then he will be able to get more customers from everywhere while if he will not have money for advertising then he will close up sooner.

Having enough bankroll is the first step, with enough funds you can make all the development that it is in your mind, because your main intention is to attract people, it is to be noted that all the advertising and promotions should be aggressive due to the big competition in the market.
I have seen more and more casinos operating now because they see a big market for the industry, therefore if you plan to operate, you have to compete.

FLoving

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Quote from: michaelch on April 14, 2017, 02:53:55 PM

Casinos are almost always profitable. But depends on whether you can get enough customers and enough bankroll.

Having enough bankroll is compulsory while getting enough customers is not a problem if he have money for advertising his casino. If he will be able to advertise then he will be able to get more customers from everywhere while if he will not have money for advertising then he will close up sooner.

michaelch

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Casinos are almost always profitable. But depends on whether you can get enough customers and enough bankroll.

michkima

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Quote from: YTBitcoin on April 09, 2017, 05:49:31 PM

Quote from: Bitcotalk on April 09, 2017, 04:30:10 PM

Quote from: emezh10 on April 08, 2017, 08:28:54 PM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Yes, It is very profitable but you need a lot of funds because that is very expensive business because you need to secure that no one can hack your site and get all of your money and your gambling site should be unique for gamblers go to your site because that is the most important the gamblers that is going to your site.

Yes it really take a lot of money to start a bitcoin dice site because you will need money for to make your site an established site and without that investment the site will die out like number of casinos whose owners do not have money and are unable to support their service.

yes that is also right but sometimes if he will not have money for running the casino then it is ok we will take care of that casino and will pay you some extra money.

Having enough bankroll is one of the most important part of having a casino. If you don't have a bankroll big enough to sustain it then you'll likely close down immediately because someone just won a big amount of money from one bet. Anyway, casino owners can always ask for investments.

YTBitcoin

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Quote from: Bitcotalk on April 09, 2017, 04:30:10 PM

Quote from: emezh10 on April 08, 2017, 08:28:54 PM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Yes, It is very profitable but you need a lot of funds because that is very expensive business because you need to secure that no one can hack your site and get all of your money and your gambling site should be unique for gamblers go to your site because that is the most important the gamblers that is going to your site.

Yes it really take a lot of money to start a bitcoin dice site because you will need money for to make your site an established site and without that investment the site will die out like number of casinos whose owners do not have money and are unable to support their service.

yes that is also right but sometimes if he will not have money for running the casino then it is ok we will take care of that casino and will pay you some extra money.

Labumi

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Quote from: --DarkSecrets-- on April 08, 2017, 06:16:52 PM

Quote from: Mike Mayor on April 08, 2017, 10:37:17 AM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Of coarse it is profitable or they wouldn't run them. You don't need much capital if you use investors. But you need a proper game plan. A marketing plan a layout and design for the website then the actual programming and probably fair. It's a lot of work but you can do it.
If you don't use investors you can probably start with half a bitcoin. Just make sure you set a limit. You can increase it when you aquire a higher bankroll. Good luck.

You've got it right ,i also thinking and having idea of it as it once you launch your site you will gain income and to upgrade your site it doesn't mean you need at first to have a huge bankroll but it is a must for any reasons .
There are many reputable dice game exist and so if you want to build one make it competent so it would be also one of the playground of gamblers.

Indeed the Foundation of a site or where gambling is adequate facilities, where such facilities are needed and preferred by the gamblers. And to be able to realize all of that then the owner of the site or place of gambling will certainly need a big bankroll. Because it costs to do this requires funds that big anyway. But keep in mind, even if your place is very satisfying but if security is very weak then it will become a time bomb which is terrible for the site and your life. Be careful in managing gambling sites, for all it has a very big risk if you can't concentrate well

aardvark15

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Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Lots of people including me like to play dice on Bitcoin casinos. If you want to make one successful, you need to have a fun and user friendly platform. One of the biggest problems will be drawing in customers or even letting people know about your site. You may need to advertise somewhere like a signature ad campaign.

Bitcotalk

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Quote from: emezh10 on April 08, 2017, 08:28:54 PM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Yes, It is very profitable but you need a lot of funds because that is very expensive business because you need to secure that no one can hack your site and get all of your money and your gambling site should be unique for gamblers go to your site because that is the most important the gamblers that is going to your site.

Yes it really take a lot of money to start a bitcoin dice site because you will need money for to make your site an established site and without that investment the site will die out like number of casinos whose owners do not have money and are unable to support their service.

Pettuh4

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Quote from: TeraBite on April 09, 2017, 04:55:10 AM

Only owners are the real winners in long term so anyone have good business plan to run a dice site than it would be great decision. With some attractive marketing promotions he can get enough players on that unique gambling site but he must come with unique game.

I agree with you, the house always have the edge so it us definitely profitable to have an only be casino that runs well and it's reputed for its good works.

noormcs5

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Quote from: emezh10 on April 08, 2017, 08:28:54 PM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Yes, It is very profitable but you need a lot of funds because that is very expensive business because you need to secure that no one can hack your site and get all of your money and your gambling site should be unique for gamblers go to your site because that is the most important the gamblers that is going to your site.

Ofcourse bitcoin dice casinos are not cheap and they are expensive to built and run. But once you built the casino, you are lucky as now you will never lose and the casino games are designed in a way to benefit only the owners and not the players.

Ankara

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Quote from: TeraBite on April 09, 2017, 04:55:10 AM

Only owners are the real winners in long term so anyone have good business plan to run a dice site than it would be great decision. With some attractive marketing promotions he can get enough players on that unique gambling site but he must come with unique game.

The reason they are winners longterm is because they have the edge.

I wouldn't be so sure some attractive marketing players will get enough players.

People are creatures of habit and the ones you want to play at your site won't.

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Quote from: posternat on April 09, 2017, 01:10:01 PM

Quote from: blackhawkeye1912 on April 09, 2017, 11:17:12 AM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

well of course, in terms of ownership in kind of a gambling site it is really profitable always, especially nowadays many of the gambling site online arise here in this industry, meaning it is really profitable, but when it comes how much capital would be needed, sorry I don't have any idea. Huh

But everyone couldn't make his own gambling sites, it need skills and big capital. Than promote your site and than start to earn from it. But we can't start to make profit in a day, it needs time. Even we see many and many online gambling sites will come on everyday.

That's right, it's need a lot time to build a popularity, build a traffic and attract people to play, also need a lot capital to build it, like marketing cost, hire cost, promotion cost, ect.
But to build a platform there are some service which provide you to build your own gambling site, using their api and platform like moneypot, betbase, ect.

posternat

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Quote from: blackhawkeye1912 on April 09, 2017, 11:17:12 AM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

well of course, in terms of ownership in kind of a gambling site it is really profitable always, especially nowadays many of the gambling site online arise here in this industry, meaning it is really profitable, but when it comes how much capital would be needed, sorry I don't have any idea. Huh

But everyone couldn't make his own gambling sites, it need skills and big capital. Than promote your site and than start to earn from it. But we can't start to make profit in a day, it needs time. Even we see many and many online gambling sites will come on everyday.

blackhawkeye1912

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Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

well of course, in terms of ownership in kind of a gambling site it is really profitable always, especially nowadays many of the gambling site online arise here in this industry, meaning it is really profitable, but when it comes how much capital would be needed, sorry I don't have any idea. Huh

batang_bitcoin

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Quote from: daringdiscovered on April 09, 2017, 04:36:35 AM

Quote from: batang_bitcoin on April 08, 2017, 10:37:21 PM

Quote from: Maslate on April 08, 2017, 02:42:32 AM

Quote from: batang_bitcoin on April 08, 2017, 01:27:25 AM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Right now the competition of gambling sites is very tough and I don't know if you will able to compete against those that has built trust and running for a lot of years. It will be profitable if you will be a popular and you had something new because most of them are just the same. Something like 100+ BTC is enough to build your own. For the transparency of your bankroll, I guess it's a good thing if gamblers will see that you've got enough.

Watch out for the competition, now we have edgeless who are very successful and their marketcap is growing, it's the gamblers that will make the dice casinos rich if they continue to gamble because obviously they have the advantage all the time. However, with this edgeless in the market, it will surely affect the business of dice casinos since people will choose to gamble on games that will give them a better chance.

I guess it should be, "gamblers are going to choose the casino's that are going to give them advantage for it's bonuses and other stuffs tat can give their gamblers a very good gambling experience".

Many players are also turned to edgeless gambling site because they have zero house edge, obviously, and this is a very big advantage to all the gamblers out there, for their chance of winning increase. It is also a great way to attract those gamblers which want to earn money badly, I mean those gamblers that's just want to win all the time, but there is no such thing like that in gambling.

Well it's very hard to find a gambling site that will be at edgeless position. There's no business that is going to allow it's customers to get their service for free or just give their money for free. I don't consider that type of casino which is edgeless because for making their site stable, where they are going to get their fund instead while operating?

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Only owners are the real winners in long term so anyone have good business plan to run a dice site than it would be great decision. With some attractive marketing promotions he can get enough players on that unique gambling site but he must come with unique game.

daringdiscovered

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Quote from: batang_bitcoin on April 08, 2017, 10:37:21 PM

Quote from: Maslate on April 08, 2017, 02:42:32 AM

Quote from: batang_bitcoin on April 08, 2017, 01:27:25 AM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Right now the competition of gambling sites is very tough and I don't know if you will able to compete against those that has built trust and running for a lot of years. It will be profitable if you will be a popular and you had something new because most of them are just the same. Something like 100+ BTC is enough to build your own. For the transparency of your bankroll, I guess it's a good thing if gamblers will see that you've got enough.

Watch out for the competition, now we have edgeless who are very successful and their marketcap is growing, it's the gamblers that will make the dice casinos rich if they continue to gamble because obviously they have the advantage all the time. However, with this edgeless in the market, it will surely affect the business of dice casinos since people will choose to gamble on games that will give them a better chance.

I guess it should be, "gamblers are going to choose the casino's that are going to give them advantage for it's bonuses and other stuffs tat can give their gamblers a very good gambling experience".

Many players are also turned to edgeless gambling site because they have zero house edge, obviously, and this is a very big advantage to all the gamblers out there, for their chance of winning increase. It is also a great way to attract those gamblers which want to earn money badly, I mean those gamblers that's just want to win all the time, but there is no such thing like that in gambling.

batang_bitcoin

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Quote from: Maslate on April 08, 2017, 02:42:32 AM

Quote from: batang_bitcoin on April 08, 2017, 01:27:25 AM

Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Right now the competition of gambling sites is very tough and I don't know if you will able to compete against those that has built trust and running for a lot of years. It will be profitable if you will be a popular and you had something new because most of them are just the same. Something like 100+ BTC is enough to build your own. For the transparency of your bankroll, I guess it's a good thing if gamblers will see that you've got enough.

Watch out for the competition, now we have edgeless who are very successful and their marketcap is growing, it's the gamblers that will make the dice casinos rich if they continue to gamble because obviously they have the advantage all the time. However, with this edgeless in the market, it will surely affect the business of dice casinos since people will choose to gamble on games that will give them a better chance.

I guess it should be, "gamblers are going to choose the casino's that are going to give them advantage for it's bonuses and other stuffs tat can give their gamblers a very good gambling experience".

emezh10

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Quote from: dossantosleite on April 06, 2017, 01:50:46 AM

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Yes, It is very profitable but you need a lot of funds because that is very expensive business because you need to secure that no one can hack your site and get all of your money and your gambling site should be unique for gamblers go to your site because that is the most important the gamblers that is going to your site.

Topic: bitcoin dice casinos. Is it profitable to have such casino? (Read 2432 times)