How much does it cost to create a btc gambling site? - page 2.

vasrasus

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Quote from: davis196 on October 06, 2016, 07:18:57 AM

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?

There are many things to consider before you take the plunge and start an gambling sites, poker or bingo website. The multi-billion dollar online gaming industry is on trend today on the internet commerce as it is being used and appreciated by people , but to achieve significant profitability it will take a lot of dedication for you about to make somehing for people. Youll need to ensure that you are or the site is not a on scamming or for the benefit of the owner only. You must overcome several obstacles such as security holes, inadequate payment systems, player distrust, and legal issues. The pay site business model can be the most trend now for business, but it can also be very expensive to launch and risky to operate.

If you really want to pursue it then be it if you think your capable enough.Hoping to play soon on your site. Hope it be a challenging and reliable site too.

roomfirst

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Quote from: davis196 on October 06, 2016, 07:18:57 AM

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?

For build and maintain a dice site like primedice you need at least 50 bitcoins. Some for the hot wallet and some for the promotions, some also for creating the dice sites. But if you want opening a gambling site like sportsbook, it will cost more but the future of sports book is more better than on dice site.

RealPhotoshoper

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Quote from: densuj on November 18, 2016, 12:36:01 PM

Quote from: davis196 on October 06, 2016, 07:18:57 AM

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?

I think 300BTC are enough here we go for details:
1. Hosting cost: about 50 bitcoins maybe it is too high cost but you must make sure the website is not down while there are many users who visit it.
2. Programming and design cost: 50 bitcoin you must be looking for people who can do programming and design with one.
3. Promotion cost: 100 bitcoin in my opinion the most much take out the gambling is for promotion.

We are here just make a random speculation , noone of the real gambling site owner speaking up here.
To make an explanation and clarification at least , so yeaaa this is just speculation and maybe an estimation.
But if you take a look here https://bitcointalksearch.org/topic/auction-moneypotcom-is-for-sale-818014 ,when moneypot get sold for 100bitcoin in an auction so i guess it would be the reliable estimation so far.

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Quote from: Positid on November 17, 2016, 11:31:00 PM

Quote from: Raimonn on November 17, 2016, 03:30:26 PM

If you don't have skills on programming, its better not to start. One of the problems of a new gambling site are related to security, user accounts and most important bankroll security. If you don't understand the code of your site you need to trust the coders. Any bug or back door could be a big problem.

Not necessarily required, it does not ensure success either even if you have the knowledge. What matters here is you must have a capital to start and you can hire competent people to run your business. It's like making your money work for you because you have the resources.

It is not necessary but it is strongly recommended we are talking about big money there a small error on the code can be taken advantage by a hacker or a player that knows how to code and if you don't know how to code you will be oblivious to any of that.

densuj

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Quote from: davis196 on October 06, 2016, 07:18:57 AM

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?

I think 300BTC are enough here we go for details:
1. Hosting cost: about 50 bitcoins maybe it is too high cost but you must make sure the website is not down while there are many users who visit it.
2. Programming and design cost: 50 bitcoin you must be looking for people who can do programming and design with one.
3. Promotion cost: 100 bitcoin in my opinion the most much take out the gambling is for promotion.

Bitcoinsummoner

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If you want to start a big bitcoin gambling it needs to invest almost 50 to 100 btc but if you want to start as small business or gambling you can start even 10 btc gradually you can increase your revenue and increase more games so that you can be like the same as other big gambling sites..

molsewid

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ofcourse you need to invest a huge amount there. approximately you're gonna spend 30-50 BTC to build a gambling sites ofcourse you need some people so you're gonna create a campaign which you gonna pay per week or per month and it depends on the rank how much the price per post will cost. but investing to create a gambling site is a good start of business.

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Some people start earning through gambling by just spreading their referral link and some sort of 'strategy' for that gambling site. Creating your bitcoin gambling site will cost you a lot of time and money.

I would guess that you'll need 20btc just for all the hosting, programming, design, and advertising. It would be better if you did hire a professional programmer/designer because people don't want to play on poorly-designed gambling sites. Poorly-designed gambling sites just look like a scam to me and it's not exciting to play there.

I guess your bankroll should be around 50btc. It's a huge amount all and all so you should definitely look for investors.

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To make a good gambling website in an easy accessible manner at least 30-40 bitcoin is needed and then based upon the number of events added to the website additional funds were required. And then for advertising through different sources at least 5-10 bitcoin is needed.

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Quote from: Nahl on November 18, 2016, 01:01:22 AM

Quote from: CraigWrightBTC on November 18, 2016, 12:08:19 AM

I think we must have capital around 2000BTC it will be enough because we need much money for promotion the website outside need much time up to website become popular and many users on there, we could learned from the website of gambling had been run on here, they been running out large capital just for making promotion.

2000 btc is too high i guess but maybe 500 btc is enough to do so and yes sometimes promotions cost will more high rather than build the websites itself because usually some gambling sites will provide free btc to the players or free signup to attract more people playing at those sites so if OP really want to serious build new casinos online he have to prepare everything

With 2000BTC, that would already make a good online casino and you cannot just limit your games, you can have a dice games, roulette, and even sports betting. It's good if you have a lot of games so it's like a one stop shop and people will just stay there for their gambling needs.

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Quote from: CraigWrightBTC on November 18, 2016, 12:08:19 AM

I think we must have capital around 2000BTC it will be enough because we need much money for promotion the website outside need much time up to website become popular and many users on there, we could learned from the website of gambling had been run on here, they been running out large capital just for making promotion.

2000 btc is too high i guess but maybe 500 btc is enough to do so and yes sometimes promotions cost will more high rather than build the websites itself because usually some gambling sites will provide free btc to the players or free signup to attract more people playing at those sites so if OP really want to serious build new casinos online he have to prepare everything

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I think we must have capital around 2000BTC it will be enough because we need much money for promotion the website outside need much time up to website become popular and many users on there, we could learned from the website of gambling had been run on here, they been running out large capital just for making promotion.

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Quote from: Raimonn on November 17, 2016, 03:30:26 PM

If you don't have skills on programming, its better not to start. One of the problems of a new gambling site are related to security, user accounts and most important bankroll security. If you don't understand the code of your site you need to trust the coders. Any bug or back door could be a big problem.

Not necessarily required, it does not ensure success either even if you have the knowledge. What matters here is you must have a capital to start and you can hire competent people to run your business. It's like making your money work for you because you have the resources.

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Quote from: izanagi narukami on November 17, 2016, 12:18:03 PM

If you're calculate using bitcoin rate , surely it cose more expensive rather fiat.
AFAIK , if you want to make good site , you need BTC 50 or if you want to buy dice script site, their price relative lower ( about BTC 1 )

Mostly this is the right price of starting a dice site so usually 49 BTC will go to the bankroll and 1 BTC for the dice script. And it will still depend on how you will handle to build up your site by using your own skill in programming or by hiring someone.

Quote from: Raimonn on November 17, 2016, 03:30:26 PM

If you don't have skills on programming, its better not to start. One of the problems of a new gambling site are related to security, user accounts and most important bankroll security. If you don't understand the code of your site you need to trust the coders. Any bug or back door could be a big problem.

Even you don't have programming skill you can still start to build up your own site as long as you have bitcoin in your wallet.

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If you don't have skills on programming, its better not to start. One of the problems of a new gambling site are related to security, user accounts and most important bankroll security. If you don't understand the code of your site you need to trust the coders. Any bug or back door could be a big problem.

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Quote from: davis196 on October 06, 2016, 07:18:57 AM

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?

Having a good idea can be the difference between failure and success but it is not enough, some of the most successful business on the Internet started just with a bunch of teenagers in their garage without any money but with a lot of talent, so you can try to reduce the huge costs of establishing a casino by recruiting talented people but at some point you are still going to need money.

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I think even 20 btc is enough to start a small gambling site or business in bitcoin.. since the price of bitcoin is very high. and i think people who are gamble are thinking the price of bitcoin before they will play and bet..
Yeah like izinagi said there is some casino gambling script already someone selling here in our forum.. but honestly almost all that game are not unique unless in design..
If you really want to start a gambling make sure you have a new idea and unique gambling casino that can be attract more people to gamble.. you know old gamblers are always looking for new.

izanagi narukami

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If you're calculate using bitcoin rate , surely it cose more expensive rather fiat.
AFAIK , if you want to make good site , you need BTC 50 or if you want to buy dice script site, their price relative lower ( about BTC 1 )

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Quote from: marcuslong on November 17, 2016, 10:02:24 AM

Quote from: davis196 on October 06, 2016, 07:18:57 AM

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?

You need a starting capital of course for the advertising but if you can code your own gambling website then you are going to just think all about how it will become famous and it will play by people and security website is really hard you need to analyze those what you need in one website.

you can even find some investors who can help you with the initial funds and then start with a much smaller amount and build your site first and then little by little make it bigger and bigger.

which means more money, and more advertising with that profit you make and returning the investors funds with a decent ROI.

nikrobi

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I think with 100 BTC-200 BTC ou can start your casino. Since the first day you must allow investment from users to increase your bankroll. Be prepared for high jackpot earnings, you need to support all the possible losses for you on the first days.
You need to spend some time with marketing too, if possible, run a sig campaign on forum or twitter. Give bonus for first deposits too. And so on...

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