Pages:
Author

Topic: Have your own casino. - page 5. (Read 1431 times)

hero member
Activity: 1316
Merit: 787
Rollbit - The #1 Solana Casino
November 11, 2023, 06:30:46 AM
How many of you have dreamed about having your casino? Be the house and play the always-win game.
Dream of having your own casino and always being in a position to win without losing. This is due to losses that continuously occur every time I play. By having your own casino, you can enjoy the game in a winning position and can control other players who will win.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.
In previous years I didn't really know the system of having a casino with the requirements that had to be met. Currently, the desire to have your own casino faces real obstacles such as obtaining a license. It may take a lot of money to obtain a casino license. For countries that do not legalize casinos, the dream of owning a casino can only be had in a dream and will not come true. Maybe it's possible as long as someone inside helps.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
November 11, 2023, 05:25:42 AM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.

There's one thing about having a desire for something and another thing is having an idea about what we are craving for, this does not applies to opening a casino alone, if we are doing any form of business and we lack the effective ideology to manage the business then it will surely fold up one day, that's why it's not about starting big, it's all about knowing what to do and how to achieve a specific target through an effective management practices, but I've also seen some people having no experience in something but made determination of learning and are doing well in them.
You are absolutely correct and I completely agree with you, It is like what I pointed out I think on this thread or another thread, I can't remember vividly, but I do remember writing about passion, having a passion for something is what drives many into such a thing, even though they have no prior knowledge of or in that thing, passion drives them to want to learn it.

That is just the different between the result of those who start really big, but end up failing, and those who seem to start small but become big later on in the future. Many who start big on something are usually chasing after profit, while those or many who don't mind starting small are are most of the time usually driven by passion, in the end, passion will always win.
sr. member
Activity: 672
Merit: 416
stead.builders
November 11, 2023, 04:46:19 AM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.

There's one thing about having a desire for something and another thing is having an idea about what we are craving for, this does not applies to opening a casino alone, if we are doing any form of business and we lack the effective ideology to manage the business then it will surely fold up one day, that's why it's not about starting big, it's all about knowing what to do and how to achieve a specific target through an effective management practices, but I've also seen some people having no experience in something but made determination of learning and are doing well in them.
sr. member
Activity: 938
Merit: 292
November 11, 2023, 04:12:30 AM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.
It is one of the most important thing we need to have before having our own casino but you forgot to mention about CAPITAL mate because even how good we are in technicalities yet we must always consider the capabilities in running one because this is the Main issue, as it is not that cheap to run a casino and also to need more Guys in helping you operate .
and also It is good in your part to never plan in running one and just focus in your gamble activities and your other portion in life like mine that don't want to put burden to myself having a casino site.
Conducting a casino is not easy if they want to build a casino organization with good intentions. Of course it would be better to make a tame to build a casino. It is impossible for one person to observe everything. In this case, those who have more money can hire skilled manpower to do the work, but if there is no management committee, it is very difficult for the casino to maintain everything. There are many casinos that have closed their operations after operating for some time. If a casino site can be built by bringing together a few technological individuals, especially those who have good experience in running casino gambling companies, then the site is must be established.
full member
Activity: 2548
Merit: 217
November 10, 2023, 11:12:16 PM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.
It is one of the most important thing we need to have before having our own casino but you forgot to mention about CAPITAL mate because even how good we are in technicalities yet we must always consider the capabilities in running one because this is the Main issue, as it is not that cheap to run a casino and also to need more Guys in helping you operate .
and also It is good in your part to never plan in running one and just focus in your gamble activities and your other portion in life like mine that don't want to put burden to myself having a casino site.
Well, it was never a mandate or important that every gambler must own a casino, 
Don't know how this will ever take place, every gambler owning a casino? this means no one will gamble because everyone needs to have players of their own and this will never happen ,businesses must be scattered to all types so everyone will have their own merchants and supporters.
and also each business needs to be qualified depending in our capacity either in Knowledge or in capitalization.
so yes this will never be mandatory yet this is a competition that hard to win , we can see how huge each casino we have in Online so how much more in physical casinos .
hero member
Activity: 2184
Merit: 599
November 10, 2023, 10:13:36 PM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.
It is one of the most important thing we need to have before having our own casino but you forgot to mention about CAPITAL mate because even how good we are in technicalities yet we must always consider the capabilities in running one because this is the Main issue, as it is not that cheap to run a casino and also to need more Guys in helping you operate .
and also It is good in your part to never plan in running one and just focus in your gamble activities and your other portion in life like mine that don't want to put burden to myself having a casino site.
Yes it's quite important, and actually there are still many other important things as well as to manage a casino, such as experience in managing casinos/or at least having worked in the casino operations that allows you to know what to do, what must be prepared and like What is the way in the future so that the casino goes well.
Even if you know someone who understands the technical techniques of a casino, at least you must also have knowledge in making a casino and caring for it.

But if only for your own gambling activity is a silly thing, moreover you want to make you always win in the casino that you make yourself, I will convince the OP that the pleasure in gambling will disappear and will also feel bored because you arrange so that you always win And that will provide a saturation effect, for my personal view the interesting thing from a casino that I play because it has a small percentage of victory, so the scarcity of victory is the most beautiful point that can be felt by gamblers, and that's where the interesting thing is interesting from a gambling.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
November 10, 2023, 09:31:42 PM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.
It is one of the most important thing we need to have before having our own casino but you forgot to mention about CAPITAL mate because even how good we are in technicalities yet we must always consider the capabilities in running one because this is the Main issue, as it is not that cheap to run a casino and also to need more Guys in helping you operate .
and also It is good in your part to never plan in running one and just focus in your gamble activities and your other portion in life like mine that don't want to put burden to myself having a casino site.
Well, it was never a mandate or important that every gambler must own a casino, the idea of owning and operating one's own casino is based on personal and business passion, so as an individual, if you don't have passion for such, then there is absolutely no need to want to go into such, for doing so, the person may likely not succeed because he or she lacks passion for the business in the first place, and lack of passion in what one does is one of the reasons why many do not succeed in that thing.

This is why we are often told that when choosing a career or business, choose something you love and you are passionate about, because you will surely face some challenges, and when faced with such challenges, your passion and love for that thing is what will keep you going until the challenges give way. But if you choose a career or business simply because of money, when challenges come and that money is no longer coming in, you easily give up.
full member
Activity: 2548
Merit: 217
November 10, 2023, 07:29:14 PM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.
It is one of the most important thing we need to have before having our own casino but you forgot to mention about CAPITAL mate because even how good we are in technicalities yet we must always consider the capabilities in running one because this is the Main issue, as it is not that cheap to run a casino and also to need more Guys in helping you operate .
and also It is good in your part to never plan in running one and just focus in your gamble activities and your other portion in life like mine that don't want to put burden to myself having a casino site.
sr. member
Activity: 2338
Merit: 365
Catalog Websites
November 10, 2023, 03:11:42 PM
How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

It has crossed my mind several times to set up a crypto online gambling business which of course does not require KYC and is very decentralized. I chose (had the intention and dream) to set up a crypto gambling site without KYC because there is quite a lot of privacy data trading nowadays, privacy data is considered gold nowadays, but looking at my very minimal knowledge and privileges, this makes me reluctant to do so lol, apart from my minimal knowledge, it seems that regulatory and liquidity issues are really a big problem for me lol.
legendary
Activity: 2814
Merit: 1192
November 10, 2023, 01:36:54 PM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.

Isn't it that you also lack the money needed to start such business? It's like when people get fired from a job and they tell everyone that they wanted to quit anyway Cheesy
Most people don't have enough money. Some got lucky like early bitcoin casinos that needed to fund a bankroll, so they bought bitcoin and that bitcoin went up from being worth $1 to $100 in less than 2 years, so imagine how much money they unintentionally made. You have to be lucky for your business to grow that much in such a short time.
legendary
Activity: 1022
Merit: 1341
November 10, 2023, 01:01:19 PM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.
Even though you are a gambler, developing a casino is very hard and it is not meant for everyone that play gamble. For one to own a casino there many things to do and understand if not you will own a casino and finally use it to scam people and run away all because you don't know how to manage it. There are many casinos that can't perform well to their customers satisfaction is because of this weakness. So if anyone is planning to own a casino,make sure have the in and out of what you are doing. The risk involved, enough cash to give out when gamblers win and must have that probably fair game. And customer friendly service. One can not just jump enter the casino industry business even though he has the money. You need the ideas and other factors to make workability.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
November 10, 2023, 11:54:16 AM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.

You go to a shop to buy things, this does not mean that you try to build your own shop. The same goes for the casino, You may visit a casino site to gamble but that does not mean that you may try to built your own casino. There is a big lot of difference between playing at a casino and building your own casino.

Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.

We cannot run a business without having proper knowledge and prior experience of it. So why do we think that we may run a casino without having any knowledge of how to manage it? Even running a casino is even more difficult as you constantly need the revenue in order to pay out the casino winners.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
November 10, 2023, 11:47:45 AM
...
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.

It happens with all things in life, actually, not only to casinos.
In all sorts of categories of services there will be always a majority of them which cannot comply with the minimum standars of quality which costumers are supposed to expect out of them, because of those factors your mentioned, specially inexperience and also lack of economical resources.  There is a sea of brand of technology, but we all know Samsung, LG, Apple, etc. there is a sea of casinos out there but we all know about Stake, Freebitcoin... Among others.

Because of the lack of experience and limited bankroll most of us lack, it would very difficult for us to properly Carter a huge audience of gamblers, in the case we ever decided to try our luck in such industry by opening out own casino.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
November 10, 2023, 10:49:23 AM
For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.
legendary
Activity: 1932
Merit: 2354
The Alliance Of Bitcointalk Translators - ENG>SPA
November 10, 2023, 09:20:30 AM
<...>
The gambling industry have witnessed a lot of inflow of new casinos popping up at some point and it may make it look as if the business is the most lucrative at this point but not knowing that,  running a casino has it many under laying negative impact that if the owner is not careful it can lead him to high loses and operational glitches that could result into heavy loses for the casino.

So to avoid that,  one needs to always have a long-term experience before considering ever venturing into the business,  so to say casino operations are not as easy as many take it to be.

Exactly! That's in other words what I tried to say some posts back. The clue is not to have a lot of money yourself to fund the casino, but experience on the specific field if online gambling, maybe working for others until you created your own business.

But, for those with no experience, although it may seem easy to create a new one, because the number of online casinos has grown in the last years and they seem to be profitable, doesn't mean it is in any way. This is not like creating your own website or sales platform. If it was, then there would be millions of gambling platforms and sportsbooks out there, and they are not so many (and well known in this forum, just a few).
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
November 10, 2023, 07:32:42 AM
How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

Establishing one of the biggest earnings right now which is the casino takes a lot of requirement, effort and of course, budget you must need to hire a social media expert, and developer, depending if full stack or a separate team but like other people I hope I can have a business too like gambling of course you can see other people getting entertained with your games plus you love what you are doing included that you are earning too but again not all successful gambling casino will have the same outcome it will depends on the management still ideal if you have the capability to gain more with other if your investment or asset as one of the backup source of income if this casino plan fails.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
November 10, 2023, 06:53:38 AM
How many of you have dreamed about having your casino? Be the house and play the always-win game.
This is part of the business that I have always considered having, but the challenges of setting them up always make me look at myself as just a dreamer. I start with the fact that I need to have enough money in order to even start dreaming about owning a casino, followed by the fact that I don't have much of the developing skills required to set up a game house as I can't entirely depend on others games and codes to manage my own business. Another thing is the licence and the condition of the business in my  country.
 
Taking the above-listed challenges aside, I forever want to own my own casino. The profits are encouraging, and I always like seeing people come together to have fun, which is also one of the reasons why I desire to own a casino. But since for now I can't afford to own one, I also have a backup plan of being a sponsor and investor/shareholder in a casino company someday, which I will just have to invest my money in, and others will be in charge if the company will generate income for me on a daily basis.
On the surface it may seem fun to own a casino, but when you think about it a little bit more then it is easy to realize how much work it would be, since you will have to develop the website from the ground up as paying someone else to do it for you may allow that person to put backdoors you are not aware about, and this is easier said than done as if you do not do it well then hackers will be able to steal from you and your clients, then we need to add getting the licenses, hiring employees for all the positions needed at the casino and finally you need a huge amount of money as your capital, so it is easy to see that for the majority of those that dream on having their own casino such a dream will probably never materialize.
You are wrong with your first assumption, as well as the last, I am not a web developer, and neither do I have any qualifying knowledge with or on codes, but If I decides to start up my own gambling casino, I would, and how.
Simple, hire a very good developer I trust to do the job of building the site from bottom to top, and also without letting him know, I will hire auditors to conduct a comprehensive audit on the code to make  sure there are no backdoors as you have said, in the codes that will grant hackers access into the system, over time as time progresses, I trust that I will find quality developers I can trust to work wit me on the project, and also make them treat the project as their own as well, by paying them handsomely well.

All that matter is having the money, it will only cost money, everything from building the site to hiring of staffs and marketing and so on, it will cost alot of money, and if the money is already available, what next is needed a just a personal decision of whether to proceed or not.

Nothing is too hard to achieve, as long as the resources needed to achieve that thing is already available, same also it is with building gambling casinos.
legendary
Activity: 3094
Merit: 1127
November 10, 2023, 06:32:07 AM
That is what I am trying to avoid, the failure to pay the customers when I know in the first place that this shouldn't be the case as a business owner that's engaged in the gambling industry. I know what it feels to be as a customer in that position so if I am aware that I don't have the capacity.

Then, I better leave that to those that are able and that's also one reason why I just want to be at the lower tier of the company or organization because that seems to be a tough burden for someone who owns the casino or on a higher level in the office.

I can't do it on my own unlike those that managed to start on their own. However, I think that most of the successful casinos today weren't just built by one single person.
Yes, if we build casino business we as owners have to have great sense of responsibility and always provide whatever is rightfully though it really drains the bankroll in the casino you own.
Many cases like this occur because casino owners don't want to lose large amounts of money but they don't think long term because after failing to pay customers winnings the casino business they own will be destroyed, gamblers trust in the casino will be lost.

It is clear that heavy burden will be felt by a businessman who owns casino because they have to be able to do many things to develop and make this business even bigger, plus they have to bear their own losses if bad things happen and even still pay the team even though there is no income yet.
This is a business of course there are many risks in it, but if you succeed then you will be one of the successful people.

From here I know why you only have desires but prefer to be part of this business because there is not too much risk and you can consistently get income because you are working, not building your own business.
When building a business on which similar as this then it is something that you can really be just that careless or confident or simply doesnt really have plans because we do know that this business isnt something
that comes cheap and this is really talking some serious capital on which means that it would really be needing that serious approach or handling.If you dont make some proper planning then you would really be finding for it to be that not much running well or something that could be profitable. It would really be needing several things to be considered for you to be able to handle it out and make it profitable.
Just like on what others been saying that there would be factors need to be followed and on the same time you would really be making your own ways and methods on having that kind of exposure into your
business. You cant really just simply ignore those basic things to have a successful business.

Lots of people or businesman would really be loving on building a casino specially into those gamblers who are really that fully aware on what it is or simply have that kind of idea on what kind of busines
it would be and how it do become that profitable. It is really just that the main issue that running or creating one doesnt come cheap and does really need up some
arrangement which we do know that this would really be talking about huge amounts.
sr. member
Activity: 812
Merit: 315
Vave.com - Crypto Casino
November 10, 2023, 06:06:22 AM
I have such dream too but the necessary things one will need to start this business is something I don't have right now, and if you are not in the right place to start this business it's also dangerous, as you will have to open up to other people, for bringing up this idea will make others believe that you have a lot of money, I am someone who have problem with trust or trusting people.

This is the only issue that could stop me from opening a casino after having all the necessary information needed and also the money, but there is also an issue, you don't want to start a casino without you ever working in a casino before, I have never work in any casino so there for I have no single idea about running a casino, it's going to be a big burden if I do it anyway.

You will also need to hire some professionals too, starting from the casino website creation and also choosing the best and reliable software providers, the thing is you can't always be in every field, even if you are a genius, it will be in a certain area, marketing is also a strong area that needs to be handle carefully, you also need to spend money and give the promotion activities to the right people and finally you will need to get a gambling/casino license.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
November 10, 2023, 12:18:50 AM
How many of you have dreamed about having your casino? Be the house and play the always-win game.
This is part of the business that I have always considered having, but the challenges of setting them up always make me look at myself as just a dreamer. I start with the fact that I need to have enough money in order to even start dreaming about owning a casino, followed by the fact that I don't have much of the developing skills required to set up a game house as I can't entirely depend on others games and codes to manage my own business. Another thing is the licence and the condition of the business in my  country.
 
Taking the above-listed challenges aside, I forever want to own my own casino. The profits are encouraging, and I always like seeing people come together to have fun, which is also one of the reasons why I desire to own a casino. But since for now I can't afford to own one, I also have a backup plan of being a sponsor and investor/shareholder in a casino company someday, which I will just have to invest my money in, and others will be in charge if the company will generate income for me on a daily basis.
On the surface it may seem fun to own a casino, but when you think about it a little bit more then it is easy to realize how much work it would be, since you will have to develop the website from the ground up as paying someone else to do it for you may allow that person to put backdoors you are not aware about, and this is easier said than done as if you do not do it well then hackers will be able to steal from you and your clients, then we need to add getting the licenses, hiring employees for all the positions needed at the casino and finally you need a huge amount of money as your capital, so it is easy to see that for the majority of those that dream on having their own casino such a dream will probably never materialize.
Being serious about achieving your goal is the very first step for someone who has a dream of building up a casino. Actually, it applies to every successful casino and other businesses. If you let yourself be discouraged just by thinking of how hard it will be for you to achieve your dream, start your business from scratch, and do every work on your own, that dream will always stay as a dream. Don't just think of the possible risks and the obstacles you may face in the future, think ahead and plan a possible solution.  
Pages:
Jump to: