Looking to start an online casino - page 3.

Ararbermas

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Quote from: pablocokeninja on July 21, 2022, 11:47:37 PM

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

actually there's a lot of streamers nowadays when it comes gambling if you want to gain knowledge, and it's the easiest way to adopt such environment IMO.
Infact there's a lot of popular gambler around the internet that use to stream everytime they gamble. so it's a big help for you to get more information and surely you can adopt it ASAP afterwards.. But just put efforts how to find them in the internet. Cheesy

Theones

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Quote from: fullhdpixel on July 30, 2022, 05:23:29 AM

OP seems sincere as a newbie in this business so I believe that he wants to make a fair and legal business only not illegal where he can turned in to a scam later on. That one that you suggest, having a consultant is no doubt helpful but here in crypto or in bitcoin, anyone can start their own casinos immediately even without it and I think that having it can only add on the expense and then it can take some time for it to be processed.

Lastly it can demand users to do a kyc, which contradicts to the real purpose of decentralization or anonymity or cryptos. We know that many gamblers are sick and tired of kyc but majority of them values their privacy.

I think it's good to value your privacy - I was an open book and I had no idea about it unless I have suffered an identity theft issue.
some people are too evil to deal with. They misuse you - and cherry on the top - they blame you and curse you and kick you out of the room, Have you ever met someone like this I have met such kind of jerks twice.

fullhdpixel

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Quote from: PX-Z on July 29, 2022, 07:16:29 PM

I guess you need something like business consultant for gambling to give you more specific advice and process in a legal way. Only if you want it to make a legal business.

Opening a gambling business surely will involve a large sum of money from development to deployment and marketing, even aftersales stage.

Now, if you want it to make a DIY way if you don't have enough funds for this and not considering a license, the I guess you should focus on the design, the smoothness of the system, the funds of it.
You should note too that most people in gambling industry preferred playing to licensed ones. Although others preferred not since unlicensed casino means no KYC involve.

OP seems sincere as a newbie in this business so I believe that he wants to make a fair and legal business only not illegal where he can turned in to a scam later on. That one that you suggest, having a consultant is no doubt helpful but here in crypto or in bitcoin, anyone can start their own casinos immediately even without it and I think that having it can only add on the expense and then it can take some time for it to be processed.

Lastly it can demand users to do a kyc, which contradicts to the real purpose of decentralization or anonymity or cryptos. We know that many gamblers are sick and tired of kyc but majority of them values their privacy.

nullama

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Quote from: pablocokeninja on July 21, 2022, 11:47:37 PM

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

I think one area that is extremely important is the legal one.

The technical aspects are relatively simple compared to knowing all the details of the laws and making sure there are no issues with the users.

You will need to enforce all the local rules of all the countries you want to serve. Not a simple task

rodskee

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★Bitvest.io★ Play Plinko or Invest!

Quote from: bitgov on July 29, 2022, 11:12:38 PM

Quote from: PX-Z on July 29, 2022, 07:16:29 PM

I guess you need something like business consultant for gambling to give you more specific advice and process in a legal way. Only if you want it to make a legal business.

Opening a gambling business surely will involve a large sum of money from development to deployment and marketing, even aftersales stage.

Now, if you want it to make a DIY way if you don't have enough funds for this and not considering a license, the I guess you should focus on the design, the smoothness of the system, the funds of it.
You should note too that most people in gambling industry preferred playing to licensed ones. Although others preferred not since unlicensed casino means no KYC involve.

I believe there are many other things one should look at to earn decent money.
The gambling is not profitable all the time - and sometimes it is more a torture than blessing. So better be careful before landing into the world on gambling - its not easy to get out of it.

OP is not that weak person to start a business that he does not understand and also there are chances that they wanted to earn but the main thing here is to serve gamblers and also to put a service that this will last long .

and maybe OP is not having second thought as he open a escrow service instead of creating a gambling site that we can find in his newly created thread .

Rengga Jati

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Quote from: pablocokeninja on July 21, 2022, 11:47:37 PM

Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

Creating or building a casino is not easy. Although you have that basic, this is not enough because the casino is not only about its creation platform. if you want to build a reputable online casino, you must have a strong and professional team that will help you to create, develop, manage, control, and also promote the platforms. this is done to make your casino online get bigger, more reputable, and also get more users. However on more this may not be easy because you may also need money to develop and promote the platform.
But, if you don't want to make such complicated things or activities, why don't you seek a job that relates to your basic?

xSkylarx

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Quote from: pablocokeninja on July 21, 2022, 11:47:37 PM

I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.

Online casino is indeed a good business but it's not that easy to build it even if you are knowledgeable in coding. Even if you manage to create the website alone and get it a license, you will need other staffs that will help you to manage the platform. You will need to think of marketing strategies on how to attract users on your website. You will also need a customer support that will cater to the issues that your users will experience.

bitgov

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Quote from: PX-Z on July 29, 2022, 07:16:29 PM

I guess you need something like business consultant for gambling to give you more specific advice and process in a legal way. Only if you want it to make a legal business.

Opening a gambling business surely will involve a large sum of money from development to deployment and marketing, even aftersales stage.

Now, if you want it to make a DIY way if you don't have enough funds for this and not considering a license, the I guess you should focus on the design, the smoothness of the system, the funds of it.
You should note too that most people in gambling industry preferred playing to licensed ones. Although others preferred not since unlicensed casino means no KYC involve.

I believe there are many other things one should look at to earn decent money.
The gambling is not profitable all the time - and sometimes it is more a torture than blessing. So better be careful before landing into the world on gambling - its not easy to get out of it.

PX-Z

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Activity: 1428

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Top Crypto Casino

I guess you need something like business consultant for gambling to give you more specific advice and process in a legal way. Only if you want it to make a legal business.

Opening a gambling business surely will involve a large sum of money from development to deployment and marketing, even aftersales stage.

Now, if you want it to make a DIY way if you don't have enough funds for this and not considering a license, the I guess you should focus on the design, the smoothness of the system, the funds of it.
You should note too that most people in gambling industry preferred playing to licensed ones. Although others preferred not since unlicensed casino means no KYC involve.

chaser15

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Quote from: johhnyUA on July 29, 2022, 05:37:19 PM

I think with advertisement it will costs around 4-5 btc to start. This price if you will do the site and everything else by yourself (I doubt that you will be able). So 2-3 btc is for:

- Advertisement (On Google, on other sites, on gambling forums, on bitcointalk)
- payments to the winners (we are honest casino, are we? )
- salary to managers, SMM and so on (at least for 2-3 first month)

But i think the final result will be (FOR SURE) bigger (maybe in 1.5-2 times)

And as an additional note to OP, that was just a sample figure. Along the way, there are unexpected things that might ruin the original budget.

The budget should be continued and not fixed that's why while spending too much on the operation, make sure the site is already functioning with only less technical problems raised, as much as possible. While the team is doing their best on the development, make sure that heavy and hard marketing is also in progress at the same time.

With the competition nowadays, marketing is really critical and should be a top priority. Not just that, the team should also think of a way to attract users as advertisements are useless if there's no catchy promotion on the website.

johhnyUA

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Crypto for the Crypto Throne!

Quote from: pablocokeninja on July 21, 2022, 11:47:37 PM

and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

I think with advertisement it will costs around 4-5 btc to start. This price if you will do the site and everything else by yourself (I doubt that you will be able). So 2-3 btc is for:

- Advertisement (On Google, on other sites, on gambling forums, on bitcointalk)
- payments to the winners (we are honest casino, are we? )
- salary to managers, SMM and so on (at least for 2-3 first month)

But i think the final result will be (FOR SURE) bigger (maybe in 1.5-2 times)

_act_

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Quote from: Finestream on July 29, 2022, 05:07:49 PM

It will be more ideal and profitable in the end if you as an online casino owner is also skilled and a good player from the start. Because the fact is, you can’t be good or successful enough if you are not a pro in most of the games because your experience will reflect the future success of your planned endeavor. And I don’t think looking a potential partner will solve that, at least you, yourself can be a good solution in the first place.

You do not really have to be skilled and to be a good player before you start a casino or any other gambling company, if you have the money, you can start a gambling company that is fully licenced by the sport regulatory organisation in your country. You can get skilled people to work for you. No matter what, as more people gamble using your site, the more you earn more money.

Finestream

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Quote from: pablocokeninja on July 21, 2022, 11:47:37 PM

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

It will be more ideal and profitable in the end if you as an online casino owner is also skilled and a good player from the start. Because the fact is, you can’t be good or successful enough if you are not a pro in most of the games because your experience will reflect the future success of your planned endeavor. And I don’t think looking a potential partner will solve that, at least you, yourself can be a good solution in the first place.

abel1337

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FOCUS

Quote from: RealMalatesta on July 28, 2022, 05:44:45 PM

Quote from: goldkingcoiner on July 26, 2022, 10:57:50 AM

Yeah I will have to agree with what most people are saying in this thread. If you cannot make it yourself and you do not have the money to buy the people who can make it for you, then you are out of luck. There is no way for you, a online-casino-newbie to put hard work into your project therefore I doubt you will find any investors who will be interested unless you are very slick at talking. You can try crowdfunding. But you need to show a very detailled and nice idea of the project before anyone will even be interested in listening.

What if he can be one of the customers first where he will also play gambling inside a casino and who knows maybe he will get lucky and win a big jackpot there. That will be a way a nice way to achieve his dream or he can also use his skill to earn and save up some money. He had a nice skill which was still in demand nowadays and the pay for that skill is also high. That one is more surer than gambling. Having some skill can be helpful in creating our own gambling site but nowadays there are now services which can do the job for you. The only thing that you will be needing is a good amount of money to pay for their service and also to keep your site running.

Even winning on a casino or saving up money on what he earn isn't that sufficient enough to run a medium type size online casino. Remember that you can't be on a budget on making a casino, There are many things that you need to pay like license, security, developers, bank roll and other factors in it. This is why I think the sole money from just saving on what he earns is not enough. Investors and partners are possible if the casino is ready to operate. Investors and partners is the one that can help you in making the casino grow and market it to the community. I wouldn't think the investors would invest in a conceptual casino, They would basically choose running casino over that conceptual casino.

RealMalatesta

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Quote from: goldkingcoiner on July 26, 2022, 10:57:50 AM

Yeah I will have to agree with what most people are saying in this thread. If you cannot make it yourself and you do not have the money to buy the people who can make it for you, then you are out of luck. There is no way for you, a online-casino-newbie to put hard work into your project therefore I doubt you will find any investors who will be interested unless you are very slick at talking. You can try crowdfunding. But you need to show a very detailled and nice idea of the project before anyone will even be interested in listening.

What if he can be one of the customers first where he will also play gambling inside a casino and who knows maybe he will get lucky and win a big jackpot there. That will be a way a nice way to achieve his dream or he can also use his skill to earn and save up some money. He had a nice skill which was still in demand nowadays and the pay for that skill is also high. That one is more surer than gambling. Having some skill can be helpful in creating our own gambling site but nowadays there are now services which can do the job for you. The only thing that you will be needing is a good amount of money to pay for their service and also to keep your site running.

Betwrong

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I stand with Ukraine.

Quote from: ethereumhunter on July 26, 2022, 06:23:12 AM

~
That's right. As long as the development team can work together seriously and always put the common interest first, the casino can definitely develop well and when it is released it can get the attention of many people. They can also attract investors who want to come to invest and as long as the development team can provide what is useful for investors, other investors will also invest in the project. But it is not easy to find people who are dedicated to work together on a project and that also takes time.

"Time is money." Not always, not in every situation, but in business you can say that, okay?
If you have funding, you can hire whoever you want, and they will be working together on your project as long as necessary, overtime, whatever. But if you have only your genius idea and no money, and you want to gather a team for working on the idea to profit later ... Well, that happens only in movies and among some teenagers, literal or intellect-wise.

Mahanton

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Quote from: goldkingcoiner on July 27, 2022, 11:45:46 AM

Quote from: Mahanton on July 26, 2022, 07:51:02 PM

Quote from: TopT3ns on July 26, 2022, 07:10:22 PM

Quote from: goldkingcoiner on July 26, 2022, 10:57:50 AM

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I have worked with start up projects before and I have never seen a single serious project with less than $50000 USD seed capital. Usually it is even $100000 USD funding that they require from multiple investors or self-funding.

As far as Online Gambling Casinos go, especially considering the risk of having people win large amounts of money that you HAVE TO pay out immediately, I don't think that casinos will need less than double or even triple of that of regular projects.

So I am going to take a guess and say that no less than $100000 USD is going to bring you very far, even if you save on developer cost by being a developer yourself.

It should be the minimum considering from having capital then it wouldnt really be just enough i must say thats why i do really agree into your inputs about capital and since this is a big business then you cant just
put up less considering that there are lots of things need to be adjusted or fixed or to be set up then it wont really be that enough.When you are complete noob about expenses or something then you should
really consult someone who do have actually the idea and knowledge on building up these platforms from top to bottom but be careful that you wont really be dealing on someone who would really be taking some
advantage of your no knowledge which they can charge you up even more than as usual.This is the hard part when you are dealing on a business which you dont have even the basic idea.

Wakate

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Quote from: TopT3ns on July 26, 2022, 07:10:22 PM

Quote from: goldkingcoiner on July 26, 2022, 10:57:50 AM

Yeah I will have to agree with what most people are saying in this thread. If you cannot make it yourself and you do not have the money to buy the people who can make it for you, then you are out of luck. There is no way for you, a online-casino-newbie to put hard work into your project therefore I doubt you will find any investors who will be interested unless you are very slick at talking. You can try crowdfunding. But you need to show a very detailled and nice idea of the project before anyone will even be interested in listening.

to create a casino gambling place it will require a very large amount of money capital and at least the founder must understand the digital world or at least be able to programming languages because if you only rely on money and do not have computer science to build a gambling website system then one day when the developer who is recruited comes out it will be confused and can't check the system for bugs or not so that it can make this gambling owner not exposed to fraud as often happens in cyberspace.

It is never easy to create a crypto Casino except op has huge amount of fund to make this happen. You need to understand that you will need a lots of money for ads and ambassadors to maintain and have better reputation about your casino. Gamblers need to have trust in a gambling platform for them to keep gambling on it. Most if this casinos that are called scam once started as a neutral or good casinos before they changed hands. Also running a signature campaign can also help.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: coupable on July 27, 2022, 01:03:24 PM

Quote from: Peanutswar on July 26, 2022, 08:34:56 AM

Currently there are a lot of people already making gambling casino as a freelancer but of course take care of those to hire not all people are trust worthy.

Freelancers can never be relied upon in this field because they simply will not be able to prove their experience with previous projects. For someone who only has money and some programming experience, the most logical solution is to look for partners from the forum who will help develop a business plan with all the sufficient guarantees, and the escrow services can be used.

You can prove it, for instance with references. If someone built a site, they can ask the owner to confirm it and this way you have a good enough proof that someone can be trusted with the job.
It's even easier when it comes to graphic designers. All of them have portfolios and you can see if you like their work beforehand.

I feel like OP should start from getting money. A loan or maybe a wealthy partner could help. With less than 100k you're going to waste money and have a site that's not competitive on the market.

coupable

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Quote from: Peanutswar on July 26, 2022, 08:34:56 AM

Currently there are a lot of people already making gambling casino as a freelancer but of course take care of those to hire not all people are trust worthy.

Freelancers can never be relied upon in this field because they simply will not be able to prove their experience with previous projects. For someone who only has money and some programming experience, the most logical solution is to look for partners from the forum who will help develop a business plan with all the sufficient guarantees, and the escrow services can be used.

Topic: Looking to start an online casino - page 3. (Read 979 times)