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Topic: Is it profitable to run a dice gambling site? - page 4. (Read 5669 times)

legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
If the odds are in favor of the house, then a gambling site would definitely be profitable in the long run.  I think one of the main things to consider though is if you can get a customer base or not.  Without people playing your game, you obviously won't be making a profit.  It would have to be well designed and attractive, to lure customers in.  Having a free faucet would really help lure people into playing.
Yes, site must be very customer friendly, support must be outstanding and never delayed payments, deposits and withdrawals. In a business that we are all anonymous we have to maintain a good customer service to boost you trust and to attract more gamblers to visit you site.
hero member
Activity: 616
Merit: 500
I AM A SCAMMER
If the odds are in favor of the house, then a gambling site would definitely be profitable in the long run.  I think one of the main things to consider though is if you can get a customer base or not.  Without people playing your game, you obviously won't be making a profit.  It would have to be well designed and attractive, to lure customers in.  Having a free faucet would really help lure people into playing.
hero member
Activity: 575
Merit: 500
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 Smiley
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.

but the site owner do not face that much chances of lose, they earn a good money from their site with different ways, the only thing which will cost the owners is spending money on advertisement, all the businesses success are dependent on advertisement, the more advertisements a site has the more will be it popular.
legendary
Activity: 1540
Merit: 1002
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.

Yeah that is right, every business demand how it have attraction for its users, something innovation will make it successful because bitcoin has bright future.
legendary
Activity: 1008
Merit: 1000
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.
legendary
Activity: 1288
Merit: 1000
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.
legendary
Activity: 1414
Merit: 1002
= jasad =
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 Smiley
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.
hero member
Activity: 686
Merit: 500
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.
legendary
Activity: 1624
Merit: 2481
A properly build up gambling site is profitable in the long run.
But coding is just a small part to get it profitable and widely used.
legendary
Activity: 1862
Merit: 1046
as far as I see homeowners dice always profit. This means that if you create a site dice and running a long time, chances are you could make thousands bitcoin.
hero member
Activity: 910
Merit: 1000
You can easily make profit I think, because couldn't you make money from the house edge, but it might end up being a hard time maintaining it.

Maintaining and securing will give you a headache. Remember that a lot of bitcoin sites are being attacked because it is easy money.
Setting up a safe environment will take a lot of time. Maintaining it, will cost you even more time.
Running a dice site needs a lot of work, you to provide a better services for you to stay in the business. I believe it is profitable since you control the rules of the game and as we know the house always has the advantage. All you need to do is just to maintain a good service to attract more bettors willing to burn their hard earn money in your site.
Yes now running this type of site is bit risky you have to do hard work here there are many dice game sites are there very famous sites they only struggling in some times suddenly the site will get slow and it will not work so they have lot of backend support then also they are getting this type of issues daily. So if you have support and you will maintain site without any issues means it is ok.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
I guess so there are many gamers of dice. For me its the most popular bitcoin game for now compared to games in casino sites.
although many gamers very like to playing dice but most of them only played at popular dice sites such primedice, rollin.io, or just-dice.com and for the brand new dice sites i think very difficult to contend with those sites so in my opinion only the popular dice sites can survive and profitable because they are have lots of active players
legendary
Activity: 1106
Merit: 1000
You can easily make profit I think, because couldn't you make money from the house edge, but it might end up being a hard time maintaining it.

Maintaining and securing will give you a headache. Remember that a lot of bitcoin sites are being attacked because it is easy money.
Setting up a safe environment will take a lot of time. Maintaining it, will cost you even more time.
Running a dice site needs a lot of work, you to provide a better services for you to stay in the business. I believe it is profitable since you control the rules of the game and as we know the house always has the advantage. All you need to do is just to maintain a good service to attract more bettors willing to burn their hard earn money in your site.
hero member
Activity: 672
Merit: 500
You can easily make profit I think, because couldn't you make money from the house edge, but it might end up being a hard time maintaining it.

Maintaining and securing will give you a headache. Remember that a lot of bitcoin sites are being attacked because it is easy money.
Setting up a safe environment will take a lot of time. Maintaining it, will cost you even more time.
hero member
Activity: 896
Merit: 1000
You can easily make profit I think, because couldn't you make money from the house edge, but it might end up being a hard time maintaining it.

Well bitvest has been growing just fine 32 btc profit since February for the investors.
Its done the smart way as the gi go's down so do the limits of betting plus you share the risk of loses with others so it don't just widely effect you.
Its impossible to lose 100% of everything you invest rule number one of investing in a gambling site someone might win big but for that win someone is always going to degen to bring profits back up.

Bitvest has a 1.7% house edge and most of the people invested are all doing 500% margin investments.
member
Activity: 68
Merit: 10
★777Coin.com★ Fun BTC Casino!
You can easily make profit I think, because couldn't you make money from the house edge, but it might end up being a hard time maintaining it.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
If you have a nice bankroll and appropriate knowledge needed to run gambling site, then yes. Basically a small mistake of yours can make you bear big losses like hufflepuff done with PD, anyways always a good choice to earn.
True.. You gotto run tests before launching it. Get some experts and take reviews. And there are two things. You can invest whole thing or get some investors and pay them part of house edge.

It is a good suggestion, if he do not know about it that how much is it profitable and how will it affect his economy, and he is totally new to it, he should have to be part of some expert group or person, so that he do not lose easily.
Yeah your right and i think there's a strategy to gradually don't loose all your investment to your gambling site.. as i can see its hard to start a gambling business that you need a lots of capital to start a business like that.. its nature of business that you will lose sometimes but you need to stay strong to stay popular of your business.. dice game is very fast profit and very fast lose if you have lots of capital maybe you can fight until you reach the top..
legendary
Activity: 840
Merit: 1000
If you have a nice bankroll and appropriate knowledge needed to run gambling site, then yes. Basically a small mistake of yours can make you bear big losses like hufflepuff done with PD, anyways always a good choice to earn.
True.. You gotto run tests before launching it. Get some experts and take reviews. And there are two things. You can invest whole thing or get some investors and pay them part of house edge.

It is a good suggestion, if he do not know about it that how much is it profitable and how will it affect his economy, and he is totally new to it, he should have to be part of some expert group or person, so that he do not lose easily.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
these days the bitcoin gambling is filled with dice games, it is so easy to make one and with sites like moneypot it is even easier to manage funds and bets.

i think it is the year of sports betting and also E-sports betting. especially as we get closer to summer and the big E-sports events start to kick off that is the the golden time for E-sports betting.
legendary
Activity: 3500
Merit: 1354
With moneypot, you have no risk
Though I like moneypot, but that also gives you limited access, like you are limited to certain tools and you can not add features and such from your side. I think its better to make a independent gambling site rather than depending on else sites.

You are absolutely correct, but to make an independent gambling site needs a huge fund which not all people can afford. So for those who have limited funds to start a gambling site, moneypot is the best optiom IMO.
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