Looking to start an online casino - page 7.

harizen

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Quote from: pablocokeninja on July 21, 2022, 10:47:37 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 don't want to give another bad approach even though we are just saying real facts here. It's hard to deal with a business with something you really didn't know.

I also doubt casino operators here will reply to give you the specific information you are asking for.

For a start maybe you can make a thread here: Project Development

You might encounter lurkers that want your idea. Just be careful though.

goinmerry

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Quote from: pablocokeninja on July 21, 2022, 10:47:37 PM

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.

That was a tough and difficult task as you don't know anything. At least if that's your plan, you have already done your homework for a long, not by asking here, but by engaging in real-life persons that involve in such activity. I also doubt that you will find a partner here since what will be your contribution as you don't know anything.

Not discouraging you but it's better to talk that around your circle so that you will not find a random partner here that might take advantage of you.

Building and running a casino should not just because you are interested in it. As I mentioned above, try to find some people around your circle first.

jakelyson

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I do not see any clear goal on your part in establishing a casino.

You lack experience in casino business. I suggest you get some from existing online casinos by working under them as a developer or coder since you already got that skill. Then you can observe from within how a casino is run and managed, their selling points and the costs.

Next is established what can set you apart from other online casinos. If unique enough, that will get you your user base.

Having knowledge in coding and crypto is not enough to survive in casino business. That is common and you can just hire people to do that for you. What you need to have is good management and business skills and a clear goal.

Good luck with your endeavours.

Hispo

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OP, I am afraid you may be underestimating the work and investment necessary to open an online casino.
It is okey if you have experience with coding, but I am afraid these kinds of ventures need also people to take care of marteking, graphic design, security, book-keeping, perhaps even a lawyer etc.
That means you will likely need to hire and pay thousands of dollars only in competent personel to help you to start your business and of course, you must be aware that the competition is hard, you would be fighting against well-known and reputable casinos for the attention of the players/gamblers, you would be initially in disadvantage because you would be new and you need to build your reputation.

So please before starting this kind of project, do some math and research and calculate a budget for your casino during the first 6 months or first year, which would be likely the toughest ones.

You could also try and find a job in one of the existing casinos as programmer, so you can gather some experience and contacts within this world. Good luck!

Doell

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That's also unpredictable how much fund because every little detail is also counts to make a new casino, whether it's marketing costs, staff, platform games, etc. Even to start a new dice site gambling requires a lot of funds, so that gamblers are interested to beating you site. Finding investors is also not easy, when you create a large scale project like a casino you must have very experienced people to be successful.

aioc

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Quote from: pablocokeninja on July 21, 2022, 10:47:37 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's good that you have a goal or plan but it will get you nowhere if you don't have a clear plan and money, defer your plan and get to know everything that you need to know about running a casino, because it involves a huge amount of money and a great marketing skills marketing skills start with the casino itself, if you know little about casino your chances to suceed is zero so learn first before looking for partners to start your casino.

TimeTeller

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Quote from: DoublerHunter on July 22, 2022, 05:20:01 PM

Quote from: serjent05 on July 22, 2022, 04:59:03 PM

If you have funds, you can always contact gambling game providers and bookmakers to integrate them into your planned casino. You also need a person that is well experienced in financial management since money will be the oil to your engines of plans. So basically you need a team of experts in every department such as marketing, R&D, finance, legal, etc, to at least increase your chance of success in the gambling industry.

^ Expecting that this needs a huge fund to sustain the project and you are definitely right, OP cannot do this alone, he needs a team for this but the problem is how he starts to have a team. It is better probably if he has a team that he knows personally, nowadays it is hard to trust someone on the internet, we always doubt strangers because this always happens and most of them are scammers. That is now the possible problem of the OP, how he will start to have a partners.

In my opinion, the OP should forget about this possible business venture.
From my impression, he is not ready to tackle this gambling business.
And he may just end up with launching a substandard online casino, which will only last short-time.
He will just waste his resources if he can't find a good financial backer that will go all in.
His background is only on coding, that's a small part only in this business.
Don't think of creating a crap casino that will deceive users. Better look for other business that you think you can do better.

Slow death

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Quote from: romero121 on July 22, 2022, 03:48:42 PM

Recently one of the oldest casino ended its service.

wow i missed this, what casino are you talking about? and a casino from here on the forum?

Quote from: romero121 on July 22, 2022, 03:48:42 PM

By that time, casino quoted a selling price of 2BTC. I don't know did someone bought it or not.

selling for 2 bitcoin seems too high to me, because the client is just buying the script, I know there will be games, but I need to see that the client will have to have money for the bankroll, money to pay employees' salaries, money to promote the casino for many months, especially if it is an old casino, the new customer will be forced to contact the campaign manager (if he had any campaign in the past) in order to run a signature campaign that is of the same or a higher quality level (I am speaking of participant payout values) so that it attracts established casino customers. anyway it won't be easy

coin-investor

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Quote from: pablocokeninja on July 21, 2022, 10:47:37 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!

Don't start if you don't have marketing skills and you don't have money to start with, money and marketing skills are two of the most important thing if you want to start a project if you're really interested get to know the in and out of gambling casinos and how these big online casinos work and how they promote their casinos, it's hard to begin a venture where you have little knowledge and will just learn as you go along.

Starting from being a player play on many casinos to see their functionalities casinos are very much different from other sites you have to have the love of the game, not just money, and yes its better to start with knowledgeable partners than doing it alone.

bitbollo

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the gambling and crypto industry has become extremely competitive. without a project a clear idea of what you want to accomplish... You are risking simply to waste time and money.

over the years I have collaborated with various gambling companies.
a common aspect of all projects is to understand what the competitors are offering and what the market is looking for.
You can start from this point and then start developing your plan.

good luck with your project, contact me privately for some ideas or suggestions Wink

DoublerHunter

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Quote from: serjent05 on July 22, 2022, 04:59:03 PM

If you have funds, you can always contact gambling game providers and bookmakers to integrate them into your planned casino. You also need a person that is well experienced in financial management since money will be the oil to your engines of plans. So basically you need a team of experts in every department such as marketing, R&D, finance, legal, etc, to at least increase your chance of success in the gambling industry.

^ Expecting that this needs a huge fund to sustain the project and you are definitely right, OP cannot do this alone, he needs a team for this but the problem is how he starts to have a team. It is better probably if he has a team that he knows personally, nowadays it is hard to trust someone on the internet, we always doubt strangers because this always happens and most of them are scammers. That is now the possible problem of the OP, how he will start to have a partners.

el che

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can't help with knowledge but can send you some good luck wishes in your dream. everything is possible if you have a good heart.

serjent05

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If you have funds, you can always contact gambling game providers and bookmakers to integrate them into your planned casino. You also need a person that is well experienced in financial management since money will be the oil to your engines of plans. So basically you need a team of experts in every department such as marketing, R&D, finance, legal, etc, to at least increase your chance of success in the gambling industry.

ultrloa

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Quote from: pablocokeninja on July 21, 2022, 10:47:37 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!

Study first how the industry works since if you have zero knowledge about how gambling industry works most provably you will fail for that. I guess you need to pay someone who have great experience with this like an advisor or even experience gambling site operator because for sure they can help you out build the business what you want to placed here.

FatFork

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Starting a successful gambling business requires funds. Lots and lots of funds. There are no easy ways to do it. It requires heavy investment to start a new casino business. And gambling businesses are one of the riskiest endeavors available. This is a fact.

A good way to start a successful casino business is to start with the small ones. These businesses will be easier to get into, will attract a smaller amount of risks, and will probably be profitable within the first year.

Even then, a good casino business requires money, time and patience to grow and get bigger. You need money for buying licenses, paying staff, advertising and other expenses. But most importantly, you need money for the house bankroll. You need to build a cash reserve to prevent the business from collapsing once the first big payout comes in.

crzy

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It’s ok to if you have zero experience in developing the games since you can just hire someone to do this job, i just don’t know the possible cost on setting up your own casinos but I think, it really requires a lot of money. Talk about your capital first, look for the important things before rushing into creating your own casino, there’s a lot of things that needs to address first, having a license can also be your problem here.

Johnyz

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Quote from: acroman08 on July 22, 2022, 03:09:18 PM

a lot of us here are most likely just gamblers. although we(or at least I) can have some suggestions on what gamblers look for on a gambling site, we(or at least I) don't know how much it'll cost to develop it or if will it get users after the gambling site's launch. It would be best for you to just hire a developer to build your gambling site and a marketing manager to advertise it to get the attention of possible gamblers.

Hiring professionals are the best way to create a good site but of course it will take a lot of money from you first, though you already have knowledge about putting the codes I still think a one man team can’t handle everything on creating a gambling site. Its not a plug and play site, it requires a lot of work and a lot of money. OP look for a good team, those who are interested in gambling as well discuss your proposals and start working with it slowly but surely.

goaldigger

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Quote from: romero121 on July 22, 2022, 03:48:42 PM

Recently one of the oldest casino ended its service. By that time, casino quoted a selling price of 2BTC. I don't know did someone bought it or not. To develop a new casino is no simple thing, it requires lots of efforts and lots of fund. Most of the gambling platforms initially start with only one game, and further increase the service with addition of more games.

That’s a very low price and probably will have a buyer right away especially if they already have a good traffic on their site. I agree that doing gambling is not easy at all since its not just about the numbers and encoding the data, it takes a lot of team effort and of course will take a lot of funds. So OP, if you still have a limited knowledge about it, look for a team that can help you and willing to invest along with you, because you must create an interesting site to at least enter into the competition and attract gamblers as well.

livingfree

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I think you're not yet ready to own one. At least get some idea on how things would work because if you still have not that much experience in operations, developing would be an easy thing if you've got tons of money.

There are companies dedicated in making proto types that will sell to their customers that want to make their own casinos. But it's not all about that because you need to cover the whole thing like operations, security systems, marketing and many others.

That's why it's being said that you need tooooons of money for it.

romero121

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Recently one of the oldest casino ended its service. By that time, casino quoted a selling price of 2BTC. I don't know did someone bought it or not. To develop a new casino is no simple thing, it requires lots of efforts and lots of fund. Most of the gambling platforms initially start with only one game, and further increase the service with addition of more games.

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