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Topic: Is it profitable to run a dice gambling site? - page 6. (Read 5669 times)

sr. member
Activity: 462
Merit: 250
It could be pretty profitable in my eyes but the fact is also that it has to be arranged good and you also need a good functional website for this.
Another thing what is of course important is the marketing, it will most likely also be expensive because of that, a tip can be let people invest in your gambling website to secure it will be more successful and profitable.
legendary
Activity: 1988
Merit: 1007
With moneypot, you have no risk
There is always a risk. Moneypot is not full proof and indestructible bitcoin bank. Although risk is significantly less it is still there.
Recently  MoneyPot was sold to a new crew and has a new owner and similar thing can happen in the future. We have no 100% guarantee.

I have to say that this statement is 100% correct. While there are MANY things done to help concrete things, nothing is foolproof. Even in the real world, your bank, FDIC, and government could crumble. It's all a risk vs. reward.

That said, running an app on the MP platform reduces dev. costs and keeps you from sustaining any losses from bets. Whether a player wins or loses, you earn money. It's as risk-free as you're going to get.
member
Activity: 98
Merit: 10
With moneypot, you have no risk
There is always a risk. Moneypot is not full proof and indestructible bitcoin bank. Although risk is significantly less it is still there.
Recently  MoneyPot was sold to a new crew and has a new owner and similar thing can happen in the future. We have no 100% guarantee.

Ah I mean with money pot he do not have to spend any money for bankroll, maybe he will profit less than own the bankroll but it is safer
legendary
Activity: 1288
Merit: 1000
With moneypot, you have no risk
There is always a risk. Moneypot is not full proof and indestructible bitcoin bank. Although risk is significantly less it is still there.
Recently  MoneyPot was sold to a new crew and has a new owner and similar thing can happen in the future. We have no 100% guarantee.
sr. member
Activity: 462
Merit: 250
in most of time is profitable as we all know the house always win so you will get so my profit but sometime a lucky man come and you will lose some.
is a type of gambling but is easyer you don't need to do anythink just put your money and stay. watch your profit go up and down.
i that is why they open investemeent so they device the loss between the invester and the house for having a gambling site life longer.
member
Activity: 98
Merit: 10
With moneypot, you have no risk
legendary
Activity: 1652
Merit: 1057
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 it is hard work, but to get profit you need lots of unlucky gamblers, and to get them you need to have something unique in your site

maybe interesting design, or something else that will attract them, then it will be profitable for you
Yes, with some other lucky gamblers he will lose some money but I think it will not depend on the luck of the gamblers, but infact it depend on the choice of machine/software. So it will not only benefit the users but the owner of the website will also be benefitted.
But I suggest that he start some other website as now a days he can earn a big amount with any website with some attraction to the visitors.
legendary
Activity: 1652
Merit: 1000
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
sr. member
Activity: 406
Merit: 250
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 it is hard work, but to get profit you need lots of unlucky gamblers, and to get them you need to have something unique in your site

maybe interesting design, or something else that will attract them, then it will be profitable for you
hero member
Activity: 1470
Merit: 655
it is not just about running a dice site, there is a lot of other stuff that has to be done on the side to make the business profitable.

for example you have to protect the site against exploits, hacks, and other kinds of attack.
also you have to know some SEO, and have the ability to advertise it properly, like advertising it in the right places, having giveaways,etc
hero member
Activity: 658
Merit: 500
of course is profitable if you open dice site but will not easy to get many player now because all member in this forum have a favorite site for they playing dice game.
true. the hard part is making a name became famous from the site. because players prefer to survive. more if other sites do not have a nice feature. so make dice sites are different from the others. create a good promotion.
I think that simple sites are still the main choice. like primedice
legendary
Activity: 1988
Merit: 1007
you'll be lucky to make a dice gambling sites. if you have a big bankroll and capital. I'm sure there are times when a player will win. for that you must have a large amount of capital, so that it can recover your loss


Having really a big capital on creating a dice site is a must and you must also how know how to run a website so you can be sure that your site is really secured or else all the money that put in your investment will be gone.

Or you use a platform like MoneyPot, where you just piggyback the investor bankroll and can prototype/launch sites quickly without all the security risks of maintaining wallets and the like. As of right now, you'd instantly have the backing of a 220 BTC bankroll, for example.
full member
Activity: 182
Merit: 100
you'll be lucky to make a dice gambling sites. if you have a big bankroll and capital. I'm sure there are times when a player will win. for that you must have a large amount of capital, so that it can recover your loss


Having really a big capital on creating a dice site is a must and you must also how know how to run a website so you can be sure that your site is really secured or else all the money that put in your investment will be gone.
sr. member
Activity: 420
Merit: 250
you'll be lucky to make a dice gambling sites. if you have a big bankroll and capital. I'm sure there are times when a player will win. for that you must have a large amount of capital, so that it can recover your loss
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
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

depends on how site will look like, if it will have nice design, free satoshis to gamble, friendly community, then people will gamble in your site, but if it will be ugly, same as other sites then i don't think that someone will play and you won't get profit
legendary
Activity: 1946
Merit: 1137
the market is not yet full but it is still hard to get in and become popular.
for example if a website exactly like PrimeDice starts today and even be honest and safe, nobody will ever go there to bet.
so in order to be profitable these days you should be different in a good way. like offering a competitive house edge, have promotional giveaways, have jackpots, lotteries and prizes for random people, have new games, also i think adding different altcoins to the mix is a good way of being successful.
sr. member
Activity: 420
Merit: 250
of course is profitable if you open dice site but will not easy to get many player now because all member in this forum have a favorite site for they playing dice game.
yes, I agree with you. you can make a profit with the site of the dice, but you have to prepare a good strategy to invite people to play at the site of the dice that you make. maybe you should create a promo that gets people interested in coming or something

Yes you are right. Because there are many dice sites for bitcoin, and if you want run a dice gambling sites you need have your own 'unique' and make a live chat and good promotion.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
of course is profitable if you open dice site but will not easy to get many player now because all member in this forum have a favorite site for they playing dice game.
yes, I agree with you. you can make a profit with the site of the dice, but you have to prepare a good strategy to invite people to play at the site of the dice that you make. maybe you should create a promo that gets people interested in coming or something
legendary
Activity: 1904
Merit: 1000
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.
hero member
Activity: 714
Merit: 500
Me, myself and I
of course is profitable if you open dice site but will not easy to get many player now because all member in this forum have a favorite site for they playing dice game.
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