Is it profitable to run a dice gambling site? - page 3.

hua_hui

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Quote from: poplolnman on April 26, 2016, 06:12:28 PM

Quote from: khalized on April 26, 2016, 05:18:22 PM

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah basically bigger bankroll bigger chance to avoid bankruptcy Cheesy

, i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.

Hatuferu

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https://trueflip.io/

Quote from: poplolnman on April 26, 2016, 06:12:28 PM

Quote from: khalized on April 26, 2016, 05:18:22 PM

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah basically bigger bankroll bigger chance to avoid bankruptcy Cheesy

, i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

3,000 BTC is quite a good amount to start. You don't wanna run out of pot money because that might leave a negative impact in you site. The effort you spent might be gone at an instant if you made a mistake on analyzing your strategies. You can to carefully study the other sites, list down all their strength and weaknesses so would know what to improve to attract more bettors.

poplolnman

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Quote from: khalized on April 26, 2016, 05:18:22 PM

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah basically bigger bankroll bigger chance to avoid bankruptcy Cheesy

, i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

LarryHocks

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Quote from: Nameless Coin on April 26, 2016, 04:23:48 PM

I would not try it myself to run a gambling site. Simple because it seems to risky. I do think it can be very profitable if you have a good marketing campaign.

You are exactly right about this because the marketing is the most important thing you need if you have a gambling website.
Building up trust and reviews is also important if you do not have this its game over for your gambling website most likely.

khalized

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It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

wikenpp

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Quote from: Superways on April 26, 2016, 05:06:08 PM

Quote from: Nameless Coin on April 26, 2016, 04:23:48 PM

I would not try it myself to run a gambling site. Simple because it seems to risky. I do think it can be very profitable if you have a good marketing campaign.

No it is not risky, nowadays you can earn a good profit from any website which you want to create and which have an attractive category, but one thing is compulsory and that is advertising, for its success you will have to spend a good amount on its advertising.

Marketing is mandatory for everything you will promote. Be it a shoe or a gambling site. I think signature campaign are very hand, but you need more things too.
PS A good coder will make easily make a secure site.

Superways

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Quote from: Nameless Coin on April 26, 2016, 04:23:48 PM

I would not try it myself to run a gambling site. Simple because it seems to risky. I do think it can be very profitable if you have a good marketing campaign.

No it is not risky, nowadays you can earn a good profit from any website which you want to create and which have an attractive category, but one thing is compulsory and that is advertising, for its success you will have to spend a good amount on its advertising.

Nameless Coin

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I would not try it myself to run a gambling site. Simple because it seems to risky. I do think it can be very profitable if you have a good marketing campaign.

ajareselde

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Quote from: btccashacc on April 26, 2016, 12:10:03 PM

The marketing and the promotion is the key. People will move and try your site if :
- Your dice is diffrent and unique than competitor.
- Giveawa, promo, event, games and round.
- etc

It's hard to compete with pd, rllin, fastdc and the others

The only reason why it's hard to compete with them is due to trust they represent, especially older ones like pd and such.
But if you look at their structure and what they offer, they are not so special in any way, atleast not to me. With enough budget money , anyone can
open up and run a gambling site, but it takes quite some time and money to build a reputable site.

sishendaoye

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I think its profitable but you need to gain a lot of users and you have also to be trust worthy if you have only one bad review, it will break your gambling website for sure.
Always keep the people happy and you also would need a good marketing.

btccashacc

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Quote from: bithasher on April 26, 2016, 11:17:08 AM

Yes it can be profitable on the long term.Actually all gambling sites are good and always make money to owners. The basic and important to reach to make it profitable is good marketing and promotions.If you succeed to get attention of players then it will turn into profitable.

The marketing and the promotion is the key. People will move and try your site if :
- Your dice is diffrent and unique than competitor.
- Giveawa, promo, event, games and round.
- etc

It's hard to compete with pd, rllin, fastdc and the others

adibe

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Maybe for the first week or first month, you will not get profit because you need to do some promotion. But i think dice sites still profitable for long-term.

mobnepal

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Quote from: maku on April 26, 2016, 02:03:47 AM

Every business when done right if profitable. Being owner of Bitcoin Casino is no different that owing a grocery store or a bar.
If you can manage your business well it will bloom, if you mass it up your chance is gone and you will go bankrupt. That is law of the market.

It is not easy like just operating a grocery store or something. To operate online casino lots of things have to take care off mostly protection of your fund from hackers which is quite common tgis days specially with crypto related casinos where it is easy to get funds in online wallet wothout getting tracked down.

Betwrong

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Quote from: shadobitz on April 26, 2016, 01:46:30 AM

Gambling site with bitcoin is profitable and dice is most popular format of gambling with bitcoin, if somebody have enough funds to make unique dice site and to promote it on various platform than it can make it profitable business.

Although it would be hard to invent something new in this field I think it is possible and those who can do it will profit. But of course you can lose some money if you'll make a dice site which just a few will use. You should attract gamblers to your site, making a lower house edge for example.

michietn94

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As long as you're running it with honest , you will got profit and more profit everyday !

Quote from: trafficolaa on April 26, 2016, 02:06:51 AM

I think so run a dice gambling site can be profitable but it must be come from scratch with some interesting promo and contests to make it attractive for high rollers, copy past dice sites has no future like many are coming on moneypot with untitled dice script.

I think it's quite difficult for now to gather attention of new gambler since they are so many gambling site company can't compete with old & trusted dice site.

bitbite111

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Just make sure you rig the dice, of course.

bithasher

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Yes it can be profitable on the long term.Actually all gambling sites are good and always make money to owners. The basic and important to reach to make it profitable is good marketing and promotions.If you succeed to get attention of players then it will turn into profitable.

RobinHoodster

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Quote from: Jasad on April 26, 2016, 02:00:59 AM

Quote from: @1234 on December 15, 2015, 06:58:13 AM

I wonder if it's profitable to run a dice gambling site (like dicecoin.io) ? I'm seeing that site has 30,000 BTC wagered in 2 years.. Huge amount.

Certainly it's not easy to operate, promote and maintain by one person but I can absolutely code a site. Is it worth to start?

Have a good night

Of course its profitable,chance of loss and win in dice are very simple and close,its why i'm playing in a second,and loss many bitcoins,its profit for dice site,and they also get from investor,i'm sure dice site have good and static investor.

That can be only profitable if you are gambling on the right moment and right time and you have to be lucky also and that happens not that often so that is quite rare and bad.
But maybe you dont have to win but dont lose also not that much money with gambling otherwise you become poor.

raaajlucky

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Yes if you plan to run a dice gambling site means it's really profitable site. But if have capacity to maintain thi site means you can easily run this site. In all gambling site the house only making profit so you will never get loss here.

BTCLovingDude

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BTC to the moon is inevitable...

it is never late to run a profitable dice gambling site but the difference now with 2-3 years ago is than now the market is filled with different dice sites. so in order to stand out you have to really stand out!

i mean there should really be some difference, and surely there needs to be a lot of advertising and promotion of the site if you want to attract customers.

Topic: Is it profitable to run a dice gambling site? - page 3. (Read 5669 times)