Topic: Is there a way to see how much gambling sites makes? - page 2. (Read 1609 times)
Some of the sites that calculates each websites earning could give you the outcome of the earnings roughly but not the exact one as there are too much hidden fees that any implemented program by those website could able to measure the exact earning of gambling sites. Another way could be as if you know all of their BTCitcoin addresses then you could track all of them and do the calculation manually in case all of their earnings are in BTCitcoin as well.
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. 
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.
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.
I do not think any way is there unless the site mentions it themselves, which most site dont do. But the most appropriate way to check how much the site has earned is , check the total wagered and divide the amount by 100 , or accordingly with edge being.
, or accordingly with edge being. 
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.
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.
you are right, It's not possible to measure it but it is sure they win big every day.I think in 100 only 1 person is lucky who won from gambling.
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.
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.
If the site has a public bankroll because they let you invest then you can see how much they make. However most sites aren't like this.
You can always just assume that after 1,000,000 rolls they gains are the house edge but you have no way of knowing each bet size so it won't help either.
You can always just assume that after 1,000,000 rolls they gains are the house edge but you have no way of knowing each bet size so it won't help either.
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).
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
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).
One estimation that you can make is to multiply the house edge, which is usually 0,5% by the total bet amount.
This will be the betting site turnover. After that it depends on the number of employees, hosting, promotions, referral payments, etc.
This will be the betting site turnover. After that it depends on the number of employees, hosting, promotions, referral payments, etc.
That's a good method to estimate how much a gambling sites makes. Thanks!
Of course you can't say the precise amount but you will defiinitely pretty much have an idea.
Another way to know the amount is (if a site is based on investments) reading a quarterly statement for shareholders.
Can I somehow check how much gambling sites make ? Daily , Weekly , Yearly , doesn't really matter but the more the merrier.
Some site give will show their daily wagered and monthly so you can calculate it not precisely but round up. What I know some site will get 10% from their wagered so if particular site have 10k bitcoin wagered in a month so they will get approximately around 1k bitcoin
I don't think you would be able to find this out unless the particular site publishes their earnings, many non bitcoin companies tend to do this but I don't think there is anything similar in the bitcoin world.
There is no casino publish their profit earnings, but i have seen a casino which publish their negative earning and I think it is a little bit strange a casino did not get profit. I forgot what casino it is but I have seen it I am sure.What about count a total bets in dice site and make a percentage of 1% house? Is it will work to get to know how much they get profit?
It's not a 100% guarantee that they will profit, but with math you will always make a profit in the end.
nobody wants to reveal their earnings to public. they don't benefit from it and it might even be harmful for them. so the only thing you can do is to make estimates by checking their known addresses and amounts that people bet everyday on their website and try to do some calculations in order to find out how much they make.
One estimation that you can make is to multiply the house edge, which is usually 0,5% by the total bet amount.
This will be the betting site turnover. After that it depends on the number of employees, hosting, promotions, referral payments, etc.
This will be the betting site turnover. After that it depends on the number of employees, hosting, promotions, referral payments, etc.
you are right, i usually do this kind of calculation to estimate how much casinos earn per year or day, actually unless some public casinos like bet365, williamhill, seldom private casinos will public their financial reports to public, that's why we don't see the figure in here, but we can estimate the wagering amount times house edge.
Most of the sites wont give out their accounts details online to anyone, but some sites which are genuine gives their account details by registering to some sites which keep track records of the sites, because their are so many gambling sites which come and go very soon and players money are getting scammed, that is the reason they are not coming out with their site account details.
here you have Luckybit promotion, and house share 2% with users. https://bitcointalk.org/index.php?topic=873587.1360
you can find the amount of profit for a certain time and game. interestingly.
you can find the amount of profit for a certain time and game. interestingly.
I haven't seen other gambling site which allow you to see actual stats of bankroll of the site but bustabit stats can be found here https://www.bustabit.com/stats
And if those site uses the moneypot script and api than you can always check wagered amount, profit to casino and profit to investor in moneypot.
And if those site uses the moneypot script and api than you can always check wagered amount, profit to casino and profit to investor in moneypot.
If the site have an investment or profit sharing opportunity you can make some estimations on the profit. You can also make some calculations from publicly available data like house edge and amount of gambled coins, but that not going to include the costs of running the casino. Generally speaking casinos not used to publish data about their earning without a good reason (e.g. selling shares).
I don't think you would be able to find this out unless the particular site publishes their earnings, many non bitcoin companies tend to do this but I don't think there is anything similar in the bitcoin world.
There is no casino publish their profit earnings, but i have seen a casino which publish their negative earning and I think it is a little bit strange a casino did not get profit. I forgot what casino it is but I have seen it I am sure.What about count a total bets in dice site and make a percentage of 1% house? Is it will work to get to know how much they get profit?
In short, no. Not exactly for sure. Unless site owner provide you data about its earnings there is no definite way of knowing how much said Casino earned.
You can try to research some data, like number of bets, House Edge from them etc. But from my experience the final number could be different from that maths.
You can try to research some data, like number of bets, House Edge from them etc. But from my experience the final number could be different from that maths.
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