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Topic: Do you think coming up with new gambling site is risky? - page 3. (Read 2677 times)

hero member
Activity: 658
Merit: 500
in my opinion it is very risky to be honest, if you really want to do this you have to somehow be sure that you will manage to attract a lot of players to your website who would loose their bitcoins to your casino, if you will not do it you will most probably make no profits
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
taking into account and analyze the situation, of course, although, under certain investments and for initial bonuses and promotion , but of course the success of the sponsorship and the percentage of return, although beautiful sheath will not prevent
professional approach, although with luck no cost and ease of maneuver and the reasons not , not an obsession, but not dirty hands
klf
legendary
Activity: 1344
Merit: 1000
you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion

Yes, if any one planing for new gambling site than think of some thing new which can attract the crowd instead just coming up with same old dice site again. If you follow all the guidelines to register your new gambling site than there shouldn't be any risky and also you need to have quite a lot of funds to support you're new site.

I think not just only new games but those games should attract gamblers attention. Just see every one knows dice we can't make money but many people still play dice games like that new game also should attract people than it will be very good opportunity to make lot of money from the new site.
legendary
Activity: 1456
Merit: 1005
you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion

Yes, if any one planing for new gambling site than think of some thing new which can attract the crowd instead just coming up with same old dice site again. If you follow all the guidelines to register your new gambling site than there shouldn't be any risky and also you need to have quite a lot of funds to support you're new site.
legendary
Activity: 2492
Merit: 1018
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?

Well as for any other business, having money is not enough. You need to consider what type of offer you have, and is it goes to what the market need.
Is there any type of gambling that is not being explored yet?
If you are going to invest on the same offers that are already present, can you do a good job in marketing to be able to create a good player base?

I think creating a gambling site is very risky, but if you do it well it's worth the shot, because it will be profitable, since gambling will never end.

Exactly! Newer gambling site might have to massively advertise the site to attract not just attention but loyal players. Bringing players to your house is very challenging. One that I could suggest that would work is simply supporting a altcoin to where you can give the coin away for your gambling site, this way you could have players mining this particular coins.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
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?

Well as for any other business, having money is not enough. You need to consider what type of offer you have, and is it goes to what the market need.
Is there any type of gambling that is not being explored yet?
If you are going to invest on the same offers that are already present, can you do a good job in marketing to be able to create a good player base?

I think creating a gambling site is very risky, but if you do it well it's worth the shot, because it will be profitable, since gambling will never end.
legendary
Activity: 1168
Merit: 1049
Today there are such a varioty of games and casinos to choose from, that i don't see how you would be able to pull off a profitable
business there. It would really have to be something new and interesting, otherwise you would just lose all the money you spent on trying it to work.

Maybe not. I know plenty of people who take turns betting on different websites - it doesn't make too much sense, but whatever floats their boats. Overall, as long as you promote it well (via BitcoinTalk ads, signature campaigns, and other ads that target bitcoin users), it should start becoming large.

As an answer to the question, it's definitely risky. It's as much of a gamble to you as to your users. Some days you'll lose 10+ bitcoin, others you'll win 20+ bitcoins. It all bases on luck, but as long as you have a decent house edge, you'll end up with profit in the long run.*

*But only if you have at least 100+ bitcoins for the original bankroll.
legendary
Activity: 1848
Merit: 1000
I would imagine that there will need to be a lot of planning involved, securing of some cold bitcoin and making sure you have the correct licenses in place.  To be honest you would be better off investing your money as there are far too many sites.
sr. member
Activity: 364
Merit: 250
you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion
new and different doesnt always work, if no one has done it yet, it means one of two things, either no one has though up of it, which is unlikely with the number of people that may be thinking about these sorts of things, or there isnt a market for it, and would be a waste of time even if it was made.
sr. member
Activity: 406
Merit: 250
you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion
sr. member
Activity: 434
Merit: 250
Coming with a new gambling site is a good thing, but you just need help from people.
If you think that you can do it why just not do it. When you are starting and earning money than I think it will be worth it.
sr. member
Activity: 364
Merit: 250
life is a risk and you know gambling has a very big risk. if you really want to do so you must be prepared everything that will happen.

Yes, staring a gambling site must be riskier than gambling in my view. Before earning, you need to spend a lot for making your site more popular. You will need to have a niche game, but, it will be very hard to come up with a particular game that will draw the attention of people.
not really, although the gambling site market is sort of saturated now, and there arent that many new ideas that people are coming up with, people are still going over to play at new dice sites that pop up every now and then with good advertising to bring them exposure. i think dice is fairly safe to start, with all the martingale users bringing in a steady stream of profit.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
Today there are such a varioty of games and casinos to choose from, that i don't see how you would be able to pull off a profitable
business there. It would really have to be something new and interesting, otherwise you would just lose all the money you spent on trying it to work.
legendary
Activity: 3248
Merit: 1179
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?
There's risk involved in every business! if you come up with something new and unique you might have a chance to stand and your promotions should be solid.  Wink

Every investition is risky, starting a new business is risky...so better believe in what u are doing, and give as much time, energy, money... u have and maybe u will succeed, maybe not. Point is that u will never know if u dont try. And dont listen people who tell u to not do it, too risky, too hard, too many casinos. Find your way and push it to the limits. Also u have topics here where u can read what people like, what people hate, in which things people enjoy.. read it and use it. Good luck in what ever u choose, and if u make that gambling site call me to try it.
legendary
Activity: 1400
Merit: 1009
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?
There's risk involved in every business! if you come up with something new and unique you might have a chance to stand and your promotions should be solid.  Wink
hero member
Activity: 658
Merit: 500
it depends on how much you will invest into the gambling website if it will be unpopular among the other people you will surely loose money if you invest a lot the website has to be new and interesting
sr. member
Activity: 392
Merit: 250
Simple it back to your lucky, if today is your lucky day you will win but if not it's not your time.

Remember all gambling is risky very risky, from start you join there.
hero member
Activity: 2688
Merit: 588
life is a risk and you know gambling has a very big risk. if you really want to do so you must be prepared everything that will happen.

Yes, staring a gambling site must be riskier than gambling in my view. Before earning, you need to spend a lot for making your site more popular. You will need to have a niche game, but, it will be very hard to come up with a particular game that will draw the attention of people.
legendary
Activity: 1512
Merit: 1000
Sure, starting/creating a new gambling site is risky and you could fail miserably if you don't know what you're doing. Hell, you can even fail if you DO know what you're doing.

But if you do things right - web design, security, marketing, customer service/support, segregating player funds from operating funds, etc, etc and you succeed, you stand to reap fnck tons. Easy(-ish) money.
hero member
Activity: 1204
Merit: 500
yes, I think the new gambling site is not fully reliable, it could have been the site of fraud and could be played on the site can be a big risk, so to start gambling on the latest gambling site better invest with little money or with little bitcoin
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