Is it profitable to run a dice gambling site? - page 5.

Red-Apple

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Quote from: Whosdaddy on April 09, 2016, 09:17:53 AM

Quote from: xxxDD on April 04, 2016, 01:35:22 AM

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.

yeah, i like moneypot too, it brings a lot of good features to the bitcoin gambling scene.

but i think it is always a better choice to handle everything on your own inside your own website, that way you can do whatever you like with no limits and also i think the site would look more professional that way.

SparkedDev

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Dice sites is so 2013 lol. Id say pick something with a unique niche.
The odds your going to compete with prime dice an the others.
Your going to need min of 15k to start if you want to start with strong promo's.

Also you'll need good coders unlike all these other sites, who have incompetent coders an never update.
Last thing you want to be is the next prime dice an get rekt.

Shinpako09

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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.

Whosdaddy

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Quote from: xxxDD on April 04, 2016, 01:35:22 AM

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.

Superways

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Yes it is profitable to run that sites, there you can earn from the members who invest as well as you can earn from that site or any site by placing ads from google adsense or any other ad network website ad. The other way to earn from there is; sell ad space to others on there. etc.

Kopper

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It is profitable, but you'll have to do a lot of work to promote it. There are a lot of well known sites already out there

Boosterious

sr. member

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The mind is everything. What you think you become.

everything that have chance to win and loss,its also have chance to get profit,gambling include on it,dice is the most simple gambling in my opinion,and people will get more chance to win,make dice site also profitable if you have good investor who can give you unlimited funds.

PaperTree

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Quote from: rickadone on April 08, 2016, 01:51:43 AM

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.

rickadone

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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.

shulio

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Quote from: crairezx20 on April 08, 2016, 12:16:33 AM

. also it depends o promotion.. if there free satoshi maybe they can get more players to play and your dice gambling site will be profitable..

If you are trying to attract players by giving away free money then it is a very bad move from you. Real gamblers are not attracted to few satoshi free money, only free loaders wants it therefore you will not attract players to your site but rather freeloaders which could turn your site into full of beggars

crairezx20

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Quote from: Nahl on April 03, 2016, 12:33:02 PM

yes it is profitable but for only some of dice gambling sites such rollin.io, primedice or etc because those sites is so popular with millions total wager but some of them also not lucky as those sites and ended became a death gambling sites

I think its depends in your design and reputation of the game that your dice gambling site will be profitable or not.. honestly most dice that i want is simple and very responsive and i like more feature like prime dice i like primedice than satoshidice.. also it depends o promotion.. if there free satoshi maybe they can get more players to play and your dice gambling site will be profitable..

bitbaby

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Quote from: andycarrol on April 04, 2016, 03:10:16 AM

as far as I see very profitable, because I always look at the statistics homeowners dice sites is growing every day

Don't believe everything you see in statistics, their profitability depends on the amount of gamblers they get and how much those gamblers play and that is the most difficult part, even older/trusted sites like Primedice has to do promotions from time to time to attract them, then there is the trust part, the trusted the site is the more whales it is going to get, which is not the case with the newer ones. Other than that there are problems like getting hacked, bugs and you have to maintain a huge bankroll for if someone gets really lucky you'd have to pay them.

So let's just say no, it is not easy to run dice or any other gambling site, at-least not at start, for first few months you'll have to run a lot of promotions/advertisements just to make people aware that you have a site and its expensive.

Kepler510

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Power The world for FREE!

The more players come and play at your gambling site the more money you can collect from it(house edge). The hardest part from this bussiness is to collect more people to come and play at your site. That's why a lot of gambling sites no matter new one or already run for a long period time site still advertise his/her site by giving bonus, faucet, contest etc to attract more people to come to their sites. So, running your own gambling is profitable with some conditions.

BTCevo

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Quote from: Nahl on April 03, 2016, 12:33:02 PM

yes it is profitable but for only some of dice gambling sites such rollin.io, primedice or etc because those sites is so popular with millions total wager but some of them also not lucky as those sites and ended became a death gambling sites

I dont really think that particular site will have profitable because what I know every gambling site is the same, if you have enough luck you will earn that for sure but that is only if you have luck. But if you have no luck or run out of luck no matter what you do you will end up losing your balance so it is not because of particular site that we played at

yenxz

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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

profitable or not depending how much and how often you playing dice,some dice site have big wagered,like primedice and fastdice,they popular and give many profit for people,and now i have new favorite dice game,its on yobit Grin

adaseb

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Quote from: SparkedDev on April 05, 2016, 04:02:12 AM

Quote from: xxxDD on April 04, 2016, 01:35:22 AM

With moneypot, you have no risk

Well you still do, if they run with all the funs your kinda screwed.
Or if they get hacked or they are down for any long period of time.
Those are the downsides to mp.
Its easier to make your own hotwallet/coldwallet system an you be liable its not hard to keep things secure.

I don't think them getting hacked is too much of a problem because most of the large bankroll is kept on cold storage like on most websites.

Herbert2020

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Quote from: SparkedDev on April 05, 2016, 04:02:12 AM

Quote from: xxxDD on April 04, 2016, 01:35:22 AM

With moneypot, you have no risk

Well you still do, if they run with all the funs your kinda screwed.
Or if they get hacked or they are down for any long period of time.
Those are the downsides to mp.
Its easier to make your own hotwallet/coldwallet system an you be liable its not hard to keep things secure.

i agree, it is not that hard to do things on your own. and even if you lack the programming knowledge you can hire freelancers to code things for you.
having your own system, and handling the finances on your own means being more secure and as long as the website is honest with a good record and provably fair also has a competitive theme then it can still be profitable.

EdenHazard

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Quote from: andycarrol on April 04, 2016, 03:10:16 AM

as far as I see very profitable, because I always look at the statistics homeowners dice sites is growing every day

Sure every casino built / created to earn profit from many loser who gamble their money.

I see very few casino closed or go bankrupt, in other hand casino always get success get profit. So I think running a dice site won't make you in loss, it will make you earn profit as long as you had a huge bankroll.

SparkedDev

hero member

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Quote from: xxxDD on April 04, 2016, 01:35:22 AM

With moneypot, you have no risk

Well you still do, if they run with all the funs your kinda screwed.
Or if they get hacked or they are down for any long period of time.
Those are the downsides to mp.
Its easier to make your own hotwallet/coldwallet system an you be liable its not hard to keep things secure.

andycarrol

hero member

Activity: 1106

Merit: 502

as far as I see very profitable, because I always look at the statistics homeowners dice sites is growing every day

Topic: Is it profitable to run a dice gambling site? - page 5. (Read 5669 times)