Topic: How to start portal like betfair etc (Read 220 times)

For serious projects it isn`t enough just 1-2 developers. Or it will take several years for beta-test version. But the same time you need to promote, get some money for start, feed your family, etc. The best way is a team, where everybody knows what he has to do. And anyway it wouldn`t bee 1 man for all.

Your request is quite tough to execute op. Firstly, creating something similar to Betfair in the crypto gambling world is extremely difficult since many have tried and failed. Fairlay is a decent substitute, but they are still leagues away from Betfair.

Secondly, 1xbet? That POS site is a scam site and is part of a group of trash like 1xbit etc who steal people's hard earned money without any form of remorse whatsoever.

Yeah, and like I've often said, this days, building a casino has become way more easier than we all can ever imagine, but the real work is in getting users, which also translates to how to effectively market the casino.

There was this book I was reading one time and I came across a place where the writer said that in the old day, building a website was a very big hassle, it required a lot of work, experience and expertise, but the reward was that, getting users was not a problem at all, that is you can get millions of users even without any form or marketing.
But today, things have completely changed, the table have turned around, In the sense that, building a website have become so very easy, but the hassle now is on getting users, and sometimes, you discover that you spend even money on marketing than you spent to built the site, and spend to maintain it.

I believe op already knows about this though, that is, the importance of marketing.

Even if you can replace developers or some other professionals, it's unreal to replace everyone. You have only 24 hours a day, so you can't do everything alone!

It doesn`t work so. Nowadays it is impossible to know everything. If you want to make a high quality project you have to hire professionals. When it will work, it is possible to support by yourself, but it would be much later.
I see sometimes projects, which are created by 1-2 devs. I see that they tried themselves to do as good as possible, but it is good only to show to friends. It can`t bring money.

I believe some freelancers would help you do the job with the right amount of price. It would take a lot more effort to build something like Betfair and you would need to develop your site and of course, the marketing side so that there would be users in your site. It would be a big project and there are a lot of resources like YouTube when building stuff like it.

According to what OP said, it looks like he wants to learn on his own, so I'm sorry in advance that he may not follow your advice there. He might also have a money problems but the good thing is he have a lot of time, though this may not be possible if he has a money because that means he is busy working on a job or on his business. It's still more beneficial and proudful if we figured out things on our own.

@OP, you better google things out for this, or you can also go to youtube directly. There is a good chance that what you are looking for is there because the platform helped me a lot of times for fixing things and I'm sure other people do too. Trying to build a casino on your own must be a good thing but that requires lots of patience and hard working.

I am sure there are pre-made scripts are available but I am not sure about its costs. If you are affordable to a script package then you do not need to focus on each and every component of a casino separately.

What do you mean by resellers? So, is it going to be an actual casino or not?

Don't get into any agreement with this kind of solution if you don't know yet what you're about to do. The tendency of you spending a lot of money and losing it is high if you don't know have an idea on what you're about to do.

So, if you want to learn the expensive way, well then this is the way to go. But if you don't want to, there are many ways and just as they say, one of it is to just hire a team or someone to do it for you.

You have to hire professionals. 1-2 programmers at least, someone for marketing and promotion, someone who knows something about cryptocurrencies, etc.
It is a long process and it would be better to find specialists who understand what they are doing and what you want.

You hire someone lol. If you're not that invested in trying to research it, you can hire someone who actually knows how to instead. Probably the easiest way. If you want to do it yourself, you'd usually still need to hire someone for the IT side, for the marketing side and at that point, you'd need an accounting team and an HR team as well. As for those stuff you said, they're mostly handled by the IT so just leave it to them lol.

Most of those stuff can be obtained by coordinating with the providers of games by directly contacting them, there's no really publicly available method since they'd need to give you an API key for you to be able to show it to your casino in the first place. Same with payment gateways and banking solutions.

Are you planning to run your own casino as well? If you are already an expert in coding and all these stuff, then it would be easy for you to learn with the ideas being shared. But if you not an expert, I suggest you hire someone who are in this field already as you have already including API for banking which requires a high security control in order for funds to be secured on the gambler's side.

Consider all these, if you have no enough budget yet, you can try building a trial and error program until you perfected it, but if in case you feel you can opeerate it, that's where the funds is needed as not only the system is important but your capability to pay on how to market your casino and enough bankroll to  pay the winners.

Thank you all for your comments. To clarify, I am looking for an API and a portal similar to Betfair, where users and resellers can register and manage payments and withdrawals. Perhaps a white-label solution would be a good starting point for learning and getting things up and running?

It requires a lot of investment, especially in terms of capital. Even if you hire professionals, you yourself need to have experience in order to set up and manage this type of website.

If you are interested in building a gambling site and you don't have enough equity and experience, I highly recommend building an affiliate site. After you gain experience, you can develop something more complex.

being able to create a "big portal" requires very huge investments and knowledge.
the list of things that are needed is really long (not only on the server side, software, providers, adjustments with licenses) but you also have to consider personnel costs, marketing, promotions, bankroll, anti-fraud....

Here, personal opinion, if a person wants to make an investment of this kind, they are more or less already part of this industry and have at least clear ideas...
Without the funds, and no idea how to start such a business, I think it is really hard mission.

First of all, you should not create a portal similar to 1xBet because that one is known as a scam platform and creating something similar won't be fruitful for you at all, but if you want to have a good portal or a platform which may offer all those services then you first have to have enough money to do something like that.

I suggest you to find the people who worked in online casino industry and hire them for the tasks. You may need team of some professionals who are good at setting and running such platforms, and each member of the team need to get paid at time in order to continue the operations.

It's not an easy task to find such people but I guess you might contact the users of the forum who have worked in casino industry before, who might help you with that thing. I highly suggest you to contact SirJohnVonSlotty who has enough knowledge and experience in the field of online casinos.

Launching a new online betting and casino website sure ain't no picnic.  You gotta think about stuff like licenses, payment systems, marketing, customer service teams, reputation...  Getting the software and APIs is the easy part and  those are just the tools.  Building a real, long-lasting biz in this highly competitive and regulated industry - that's the hard stuff.  Makes me wonder if you know what you're getting into here.  Theres a whole lot more to running this kind of operation than just cobbling together the tech parts.

The opening already makes no sense at all.
He is looking for a site "like" betfair and/or 1xbet?? First of all, betfair is a betting EXCHANGE while (the scammer site) 1xbet is just a bookie/casino.
For a site like betfair it makes no sense to scam since they just offer a platform for people to lay/back gets against other players and they are earning a commission. The other is the simple "you against the house" betting system, can't even compare those 2.

Obviously OP doesn't even know what he is looking for, guess he need A LOT of help with this one.

Well, first you need to have plan and market study on what kind of gamblers is your service supposed to carter, in the first place. there is a lot of process to be done before even contacting to the providers of games of those companies which sell provably fair software to people like you who wish to start their own casino, you know. You need to research and think on what it would make your casino to be different from other small ones and the biggest ones in the ecosystem and the strategy you are intended to implement to hook your first clients off. Only when you have all those variables defined, then you move onto talking to the software providers, the employees you may need to hire and the graphic designers to be included in your payroll.

You are not the first time coming here  to the gambling section of the forum asking about this, and it is  likely you wont be the last, though all of you have something in common: you all seem to underestimate the sacrifice and the budget which is require to even start a small casinos which could become profitable in the long run.
My intention is not to kill off your dreams or discourage you, but you also need to have your feet on the ground and realize you would be trying to try to be part of a market which moves billions of dollars.

Anyways, that is the most things I can say for now. Good luck.

Usually when people are curious or concerned about how to go about the setup of a service they are usually very active but the fact that the Op created this thread and still didn’t bother to respond to any comments that has been made makes me believe that it might just be a means to try to promote 1xbet. After all there is nothing that they wouldn’t do to get their name out in the public.

Let’s see if this will be the last post that the op would make in this forum or if they’ll be more from him.

Well, to be honest with you, I think hiring someone that is well avast with knowledge in this areas is your best option, asking here might be fruitless since I don't think there are any casual users here who are well knowledgeable in this things you mentioned, except for users who are running/operating their own casinos, and I personally do not think  any of them will be willing to let you in with such imformation as you are asking.

So, what you should do is look for someone who is a specialist in the area of starting and building new online casinos and helping acquire and integrating all the necessary APIs, game softwares and so on and on.

Meanwhile, good luck on this one bud.