Before giving you some sort of "figures", do you know where to start?
You should consider this comment, for me you don't have to use a lot of bitcoin to start a casino, you can use other people's money, don't get me wrong what I meant is get some investors, present the project to them, pitch the price for investment, give them the sweet spot profit (not too low % and not too hgh % or they will think its a scam). Like what Robert Kiosaki said, "Only lazy people use their money". 
Topic: cost of making gambling casino? - page 2. (Read 536 times)
I think if you want to have your own casino the budget is very high what kinds of gambling casino it is traditional or online?
Becaude if it's online you need a permit and also to the traditional as well, and once you have own gambling casino you need to hire some programmer that can maintain your business good because every month you need to update the system or once they have issues they nee to fix as soon as possible but if you are programmer that know how to create you can save big money.
Becaude if it's online you need a permit and also to the traditional as well, and once you have own gambling casino you need to hire some programmer that can maintain your business good because every month you need to update the system or once they have issues they nee to fix as soon as possible but if you are programmer that know how to create you can save big money.
or if he is already a programmer he can save much fees compare to offline casino that needs more requirements to get started . the place , the certificate , the table , the chairs , etc while online does not really need a certificate or legalities because i see many gambling site run smoothy even without those . just need a working site and a capital , then your ready to rolll . cost is less on online casinos also online casinos are now more indemand and now allowed but offline casinos are now closed due to quarantine
if i have 25.000$ and new idea for a game i can start?
I don't know if that is enough, but you can check this thread, bustabit – The original crash game.
For the same amount, I will go for something else instead of creating an online casino. The costs will be huge and you need to compete with the brand gambling sites. Think twice before acting and I will invest in the altcoins rather than the only slots available online gambling website.
I think if you want to have your own casino the budget is very high what kinds of gambling casino it is traditional or online?
Becaude if it's online you need a permit and also to the traditional as well, and once you have own gambling casino you need to hire some programmer that can maintain your business good because every month you need to update the system or once they have issues they nee to fix as soon as possible but if you are programmer that know how to create you can save big money.
Becaude if it's online you need a permit and also to the traditional as well, and once you have own gambling casino you need to hire some programmer that can maintain your business good because every month you need to update the system or once they have issues they nee to fix as soon as possible but if you are programmer that know how to create you can save big money.
Hi guys, what is the cost of making gambling casino based on btc?
If you are going to create a broad gambling casino where you also host a live games and all the games that are possible with gambling casino then it will surely cost a lot like millions of dollars. Creating the site will already cost you money but the big problem that you are going to face is how to gather some users if you successfully created the site. Aside from that, you need to assure also the users that their money is secure in your site and your gambling site is fair. If I were you, it will be good if you can decide what do you like to create so you can focus on it because gambling casino is a very broad term that have a lots of game that only the casino owner can easily create.
All the aspects who has been mention by other users at this thread can still be handle.
Now the problem, how much bankroll on your cassino? based example of the amount you already post "$25.000" currently worth around 4-5 BTC that amount for the casino was pretty small. If some user with a big fund playing on your casino and hit some jackpot amount, can u pay them? sometimes due to the problem of the bankroll cant pay the winning amount the casino freezes the account with the reasonable suspicion activity from the bet/multiple accounts.
Now the problem, how much bankroll on your cassino? based example of the amount you already post "$25.000" currently worth around 4-5 BTC that amount for the casino was pretty small. If some user with a big fund playing on your casino and hit some jackpot amount, can u pay them? sometimes due to the problem of the bankroll cant pay the winning amount the casino freezes the account with the reasonable suspicion activity from the bet/multiple accounts.
if i have 25.000$ and new idea for a game i can start?
This is a fairly small amount considering that you want to make an online casino. With the software, licenses that you'll be purchasing how much shall remain to you? maybe there wouldn't that much anymore. Maintaining the casino will cost you that much including the security so that it can't easily be attacked. Be more specific about what kind of casino you want to build and the line up of games.Having one doesn't mean it's already a success, it's a very long process until the people recognize your game and brand.
if i have 25.000$ and new idea for a game i can start?
This is a fairly small amount considering that you want to make an online casino. With the software, licenses that you'll be purchasing how much shall remain to you? maybe there wouldn't that much anymore. Maintaining the casino will cost you that much including the security so that it can't easily be attacked. Be more specific about what kind of casino you want to build and the line up of games.if i have 25.000$ and new idea for a game i can start?
This is a fairly small amount considering that you want to make an online casino. With the software, licenses that you'll be purchasing how much shall remain to you? maybe there wouldn't that much anymore. Maintaining the casino will cost you that much including the security so that it can't easily be attacked. Be more specific about what kind of casino you want to build and the line up of games. if i have 25.000$ and new idea for a game i can start?
Technically you can if you're planning to start a simple site like a slot machine game.
For 25 you'll be able to rent a server, get some skilled coders to make your site safe and nice looking.
The main challenge will be advertising. It's going to cost you an arm and a leg to get people to play on your site because the market is saturated. Nobody wants another dice game because whoever plays this already has a favourite one.
if i have 25.000$ and new idea for a game i can start?
^^ The previous reply covered your question but wanna to add my opinion too. If you are looking for quality website, you shouldn't check the dip point of your wallet because long term vision is important before calculating the risk/reward.$25k budget would do but expect that it wont really be that much enough.
Also,what would be the games would this new site gives? A dice site? Its already a saturated one or we've been flooded by this kind of game.
We do need something unique but with that budget then it would be really a hard one.
if i have 25.000$ and new idea for a game i can start?
^^ The previous reply covered your question but wanna to add my opinion too. If you are looking for quality website, you shouldn't check the dip point of your wallet because long term vision is important before calculating the risk/reward.By the way, don't make a bet on the gambling website. The competitors will swallow your promotional budget if you leave a single gap on the service quality. Hard but not impossible.
if i have 25.000$ and new idea for a game i can start?
some already gave you links to get an idea where your expenses will be. you can only answer what are your priorities in setting up a casino. is gaming license your first priority? how about the software? do you want to buy a cheap or good script? do you want to run massive promotion?
$25k - you can already build a simple casino site without license and cheap script, small bankroll. but you know what the results will be...
if i have 25.000$ and new idea for a game i can start?
Hi guys, what is the cost of making gambling casino based on btc?
You just have to look at any traditional based casino and how much capital they started. The point of comparison is that gambling casino business involves a lot of money to begin with. So obviously when you want to start, the cost will be in the six to seven figures.- Gaming License
- Software Provider
- Marketing
- Websites or domain name
It is really very difficult to start a casino business, indeed Funding is the main thing. But many important things that really must be considered. And the calculation or estimation is actually just a preliminary description, there must be unexpected costs and must be willing to fund. If you have a mediocre fund, it will be very difficult too.
Hi guys, what is the cost of making gambling casino based on btc?
It will vary on what site you are tending to make because i do believe that a dice site do have different cost than building with a sports betting one.
Talking about the cost? Dont have much idea but for sure lots of factors will affect the total cost yet it will depend from UI/UX design until to marketing stuff etc.
There are some threads that might be useful for you to read up and might able to get some ideas.
https://bitcointalksearch.org/topic/how-much-does-it-cost-to-create-a-btc-gambling-site-1637945
https://bitcointalksearch.org/topic/how-to-start-a-bitcoin-casinosports-gambling-business-checklist-5131758
https://bitcointalksearch.org/topic/how-to-create-own-bitcoin-gambling-site-1760302
The vast majority of new casinos that spring up don't actually make their own stuff, they use whitelabel games and then stick their branding on it.
If you go this route, these startup costs are around 80% less, but you also don't bring anything truly orignal to the market.
Also, if you're going to apply for licensing, that can be any expensive process and there are usually yearly fees to pay, whereas complying with local laws and regulations can be an expensive task.
If you go this route, these startup costs are around 80% less, but you also don't bring anything truly orignal to the market.
Also, if you're going to apply for licensing, that can be any expensive process and there are usually yearly fees to pay, whereas complying with local laws and regulations can be an expensive task.
Hi guys, what is the cost of making gambling casino based on btc?
Do you want to make a gambling casino?If you are, then I would say you aren't ready at all to make one. If you would be ready, you wouldn't ask a question like this. You would have already been prepared, with list of better questions.
Yeah, it is going to cost you a lot. You can buy one of those scripts to lower your cost, but trust me, no one is going to play over there. And don't forget about the bankroll. The bankroll is going to define how successful your casino is going to be. No one ones to bet on a casino with a max win of only 20 bucks.
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