Do you think coming up with new gambling site is risky? - page 2.

neochiny

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Crypto.games

Quote from: bwonwen2015 on December 07, 2015, 02:20:29 AM

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?

every investment is risky. so making up a new gambling site is investment.
it is risky. if you really want to make one. you should be the most unique gambling site,a lot of advertisment and givaways to build your trust.
so people will check it and not compare you to other gambling sites.
considering theres a lot of gambling site nowadays. or else no one will even gamble on it.
because why gamble in a new site if theres a lot more trusted site.

newcripto

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I think it is very risky coming up with new gambling site.You should be prepared and aware of all the unexpected obstacles and situations before stepping in this filed of online casino business.

Erza

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Quote from: shulio on December 27, 2015, 02:26:45 AM

Quote from: Erza on December 27, 2015, 01:51:14 AM

I dont think there will be problem to their site. Although that site doesnt prove that they are legal

There should be problem at the future but Bitcoin gambling business is still new and government take no time to find out who is responsible with the site even if it is illegal but in fiat gambling business then this will be different because government doesnt allow any illegal gambling going around

But there is no way that government will find out who is behind all this thing because first it was annoymous when you played on gambling. And the second thing you can't prove it if the site is his or her. That is so many thing that he can do like send all his fund to address mixer so he can't be traced anymore

electronicfactura

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The competition in online gambling sites is becoming tougher and more serious now.There were many gambling sites appeared throughout the year and disappeared.If you have good plan with attractive marketing/promotions and competitive odds/services still you have chance to survive in any case risk factor will always remain the same.

BTCevo

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Quote from: Daijess on December 26, 2015, 05:03:43 PM

I will play on the new site but only with a few btc

if i am playing big i would go for some else more trustful on the forum

What will you do to this forum if you have big balance? As I can see everything in here is section is all about gambling so whether you have small balance or big balance one thing that you can always do that is gambling to get some profit or to lose it

shulio

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Quote from: Erza on December 27, 2015, 01:51:14 AM

I dont think there will be problem to their site. Although that site doesnt prove that they are legal

There should be problem at the future but Bitcoin gambling business is still new and government take no time to find out who is responsible with the site even if it is illegal but in fiat gambling business then this will be different because government doesnt allow any illegal gambling going around

Erza

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Quote from: BitMaxz on December 26, 2015, 05:08:59 PM

It may risky if the gambling site has no proof of legal business and if the site has no active support.
And also for security if all of this is none may your account will scam or your funds will stuck just like other..

I dont think that there are many gambling site that have proof that their are legal business. May be some of them have this kind of proof but mostly many sites dont have this kind of thing but people still coming to their site. As long as the withdrawal, deposit and their support is good enough to maintain the site. I dont think there will be problem to their site. Although that site doesnt prove that they are legal

BlackPanda

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The new gambling sites usually do not have the clarity that is awake and trust that speckle tested. but there are advantages new site, they always give an enticing promos. but the choice is yourself. I hope this helps .

raaajlucky

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Any new business to start will have there own risks like that in gambling also you will have a risk until you attract gamblers to your site.

thejaytiesto

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The competition is brutal. Daily, more and more people get invested in the Bitcoin gambling game because they know it's the future, but you have to bring something new to the table, so you either are really creative with your site like the Battlecoin game, or you offer really tempting offers in terms of chances to win, free entry credits etc.

HarryKPeters

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It is risky but you can make a good profit if you do some good marketing and have some clarity of your business
A fast gambling site with some good partners should gain enough trust for newcomers try and participate.

It's never impossible to make money with a new product/site.

Redrose

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Quote from: bwonwen2015 on December 07, 2015, 02:20:29 AM

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?

Advertising and promoting the site is going to cost you a lot of money... You need tons of funds to start with.

wikenpp

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If the site has information about the owners, address etc.
Then why would it be dangerous? if they are some anon company from east europe or have a domain protection, no I would not consider even betting 1 satoshi.

DarkStar_

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It would be kinda risky as someone could come at the start and make you lose all your bankroll, or no one will come and bet and you will lose your money that you spend on the site,e.t.c
You could use moneypot.com's api so you will 100% profit off it.

BitMaxz

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Playbet.io - Crypto Casino and Sportsbook

It may risky if the gambling site has no proof of legal business and if the site has no active support.
And also for security if all of this is none may your account will scam or your funds will stuck just like other..

Daijess

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I will play on the new site but only with a few btc

if i am playing big i would go for some else more trustful on the forum

PantFire

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i would rather stick to the old one unless they can really prove powerful trust .

Superhitech

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You could try and use the moneypot.com API so you won't have to invest in a bankroll and security will be taken care of, so you won't need to invest an enormous amount of bitcoin to start your gambling site.

However, if you want to start a gambling site, you'll have to think of a unique idea, not just dice, as there are plenty of dice sites around and making a dice site probably won't attract many users, as why should they use your site if there's so many other dice sites around?

If you can get a solid user base, you'll make money for sure. However, in order to obtain a lot of users, you'll have to buy advertising and hold giveaways.

Good luck!

fravia

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i guess it depends on how much money are you willing to invest into the website and how successful you will be with the casino, because of that i believe that its always very risky if you put in a lot of money because you might end up with 0 if no one plays

Gianluca95

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Reputation first.

Quote from: bwonwen2015 on December 07, 2015, 02:20:29 AM

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?

Man, listen to me. It is very important to have a very large bankroll in case of many winnings from the user, but at the same time you have to increase so much security on your website. Every user have to deposit its bitcoin and withdraw it without any problem ! In this way, you'll be considered trusted, in other way maybe you'll have some problem.

Topic: Do you think coming up with new gambling site is risky? - page 2. (Read 2691 times)