I'm about to launch a "gambling" website soon which will not take any fees at all and will only live off ads/donations (not sure how well it will go, but we'll see). So the chances to double your money would actually be 50%, not a bit lower. I already have implemented a coin flip mode, where one player creates a new coin flip game and the other joins it, but I also want to create a mode which does not require a second user. For example slots or roulette, since you can play it alone and don't need to wait for a second player. One of the main reasons I want that kind of mode is that because most likely at first the website will not be frequently visited and I don't want users waiting minutes (or even hours) just to play a single game.
And I could make a mode that you could play alone, but what if someone keeps winning and winning? The money the player wins won't come from someone else, but from me. And I don't want to risk losing everything myselfmyself and then not have enough money to give out.
Anyways, I need an idea for a gamemode that a player could play by himself (WITHOUT a house advantage) without there being any other users on the website, while I wouldn't have to risk losing big money myself, because some user got lucky.
I think this is impossible, but perhaps there is some way, I've been thinking of something like "out of every $10 played, $5 will be lost", but I believe it could be abused and what if someone bets a huge amount once and wins?
So, any ideas?
When I first read it, I am like no no don't do it, relying solely on donations and ads is a very risky idea, what you could do is keep some house edge, you are targeting a player v player site, why don't you hire a developer to help you build your site. Your business model won't last long, no edge in rullete. I think you should do some heavy research and rework otherwise you shall go bust in no time.
Running one casino website is not a small job mate, before risking your money first learn how to get back your investment. And how much time it will take to get back with this idea. I think your most of the ideas will not help you to make money. And the idea is new, but it will work out or not I am not sure. Already many people suggested you make changes in your plans. After correcting those mistakes, you start your business.