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Topic: Is there a way to see how much gambling sites makes? (Read 1609 times)

sr. member
Activity: 448
Merit: 250
I do not think anyway that you can. It's strange that anyone can see how much he earns. I think you can make an estimate but you never know what it really is.
It would be weird if everyone knows each other how much the person earns.
legendary
Activity: 2492
Merit: 1018


 Can I somehow check how much gambling sites make ? Daily , Weekly , Yearly , doesn't really matter but the more the merrier.

It's "impossible" for some sites but not for others....
For example... you can follow second trade ! (because they have only some address and you can see all txs for each address).

But meanwhile you can't see for Direct Bet... Every User could get a new address to send btc ( or other crypto) is quite impossible see all btc wagered and the profit of this site.

Following all transactions is going to be a tedious task.
Gambling sites are regulated and as far as I know register their business to every state and so they may have to pay to IRS which means there is transparency to their records.
No matter that your purpose of asking these info, but sure they earn big. Some of them support and donate charities.
hero member
Activity: 924
Merit: 1001


 Can I somehow check how much gambling sites make ? Daily , Weekly , Yearly , doesn't really matter but the more the merrier.

It's "impossible" for some sites but not for others....
For example... you can follow second trade ! (because they have only some address and you can see all txs for each address).

But meanwhile you can't see for Direct Bet... Every User could get a new address to send btc ( or other crypto) is quite impossible see all btc wagered and the profit of this site.
legendary
Activity: 812
Merit: 1000


 Can I somehow check how much gambling sites make ? Daily , Weekly , Yearly , doesn't really matter but the more the merrier.

I know there are some data measuring sites for dice where you can see number of bets for each site but who knows what volumes are correct.  Even if you knew you could only approximate as gambling sites will have to deal with variance themselves.
hero member
Activity: 868
Merit: 1000
Its difficult to guess that how much these sites are making. These sites don't share their profits with the public or any other medium so its really difficult to predict their earnings. I think the sites which are more popular, must be the more profit making as there will be more players which means more chances of loosing the money, which is the profit for site.

Yes in fact true. I dont see a reason why anyone should share or tell his income to anyone else. I think gambling sites make house edge multiplied by 1/00 multiplied by wagered amount .. so its a rough idea though .
Anything divided by a '0' leads to infinity and i think there is no-one who can profit infinite amount's.
Though, you can find the graphs/charts for their profit's on some random blogs or on their thread sometimes.It's probably 1% of their wagered amount.
legendary
Activity: 1652
Merit: 1057
Its difficult to guess that how much these sites are making. These sites don't share their profits with the public or any other medium so its really difficult to predict their earnings. I think the sites which are more popular, must be the more profit making as there will be more players which means more chances of loosing the money, which is the profit for site.

Yes in fact true. I dont see a reason why anyone should share or tell his income to anyone else. I think gambling sites make house edge multiplied by 1/00 multiplied by wagered amount .. so its a rough idea though .
hero member
Activity: 784
Merit: 500
Its difficult to guess that how much these sites are making. These sites don't share their profits with the public or any other medium so its really difficult to predict their earnings. I think the sites which are more popular, must be the more profit making as there will be more players which means more chances of loosing the money, which is the profit for site.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
If you feel happy with gambling why not Smiley
enjoy it as entertainment and games, cheers
hero member
Activity: 518
Merit: 500
like secondstrade. i think perweek that site can make more than 2~ btc :/
hero member
Activity: 672
Merit: 500
I personally think not. It not be logical that they will show how much money they get.
That fact does no one but you can make your own estimate for how much they receive.
sr. member
Activity: 392
Merit: 251
Sites don't usually want to tell their status to gamblers, because when they see how much they've lost, they won't Gamble their anymore. Smiley

I think he means something like moneypot, where you can see how much people have over the total bankroll. But also take a look at the total investor profit: -27.5 BTC. Yeowch! Proof that the house can lose after all Smiley
Although if there is an invest option and you can find out how much the community owns of the bankroll, you can use the total profit and work out the ratio.

http://dicesites.com/ might help too.

That is true, no gambling houses would like to show the proof that they are always or most likely winner in gambling. Also I don't think, we can even check any way there earnings because they use dynamic deposit address for each user so you can't check it any way.
legendary
Activity: 1792
Merit: 1283
On Crypto-games you can see this under the 'statistics' tab of every coin. You just have to add everything to see how much they make for Bitcoin and every altcoin.

Here's a screenshot:

legendary
Activity: 1456
Merit: 1005
Sites don't usually want to tell their status to gamblers, because when they see how much they've lost, they won't Gamble their anymore. Smiley

Although if there is an invest option and you can find out how much the community owns of the bankroll, you can use the total profit and work out the ratio.

http://dicesites.com/ might help too.

That is true, no gambling houses would like to show the proof that they are always or most likely winner in gambling. Also I don't think, we can even check any way there earnings because they use dynamic deposit address for each user so you can't check it any way.
sr. member
Activity: 350
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
i dont think that it is possible if the websites do not share their statistics online, they can easily just dont show their wallets and thats it no one could predict that, there were a couple of websites that did that

Of course they don't. Most of them are hiding their real income to avoid paying taxes. This is one of the reasons Bitcoin is not loved by our governments because it's really easy to exploit the tax system.
You know, of course, that all gambling games are rigged, right? No one would really let things to chance. Too risky to actually let people play fair.
hero member
Activity: 490
Merit: 500
I don't think its possible to see it, most owners are very dark about it.
But I can understand it, You don't just throw numbers to the public.
Maybe someone will it soon, but its not traceable to check how much they make.
yeah they are very secretive about the cost of manufacture.
maybe you can see it when they sold their site.

in the auction, the selling price of precious betterbets 60~ BTC
The very large
sr. member
Activity: 406
Merit: 252
Side administrators can always see how much money they are making each moment.
The have an overall statistical setup embedded within its database which gives the exact report via some cron jobs.
Actually they need to view the earnings to estimate whether they are having a profit or loss compared with their initial bankroll.

If you are curious to know about their earnings you can ask their admins privately but I think they will not tell you the correct information because you might a government regulated tax collector.
Also what they say during promotions are all in average estimation just to attract more gamblers in the process.
hero member
Activity: 728
Merit: 500
Many sites owners don't want to let the players know about their real earnings or the real financial situation of the site.Many even will not let you know what is their bankroll or profit/loss is at the moment.
legendary
Activity: 1876
Merit: 1005
Not actually all sites give access to players to their statistics.There are still lot of big names which not only share their statistics and also give access to everyone to see all the history on main page or somewhere.You by self can't have access which isn't allowed this.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
i dont think that it is possible if the websites do not share their statistics online, they can easily just dont show their wallets and thats it no one could predict that, there were a couple of websites that did that

Of course they don't. Most of them are hiding their real income to avoid paying taxes. This is one of the reasons Bitcoin is not loved by our governments because it's really easy to exploit the tax system.
hero member
Activity: 861
Merit: 1001


 Can I somehow check how much gambling sites make ? Daily , Weekly , Yearly , doesn't really matter but the more the merrier.

You can check the profit of dice sites with investment options here:

https://dicesites.com/

As the other mentioned, you can get rough estimate by multiplying house edge by total amount wagered (if available).

Thank you Pawel. This website is amazing. I didn't know about it and always asked myself how much profit they could have.

I like the statistics options you can have about every website.

(Of course it's not absolutely correct because you should deduce the cost of running these websites)
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