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Topic: Making a bitcoin cassino (Read 477 times)

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 07, 2019, 12:34:03 AM
#34
Any casino that is opened has to have funding behind it to payout anyone that wins big and there is a minimum requirement that is needed to be able to get a gambling license. Most Bitcoin gambling services over in the gambling sub forum are not licensed and could be taken down in the near future. We will be seeing increasing legislation with gambling and Bitcoin in the near future so make sure to acquire a gambling license before opening anything.  

You only need a gambling license if you want to go legal. The trend at the moment seems to be that most online gambling operations are not going the legal route, because it is too expensive to pay for these licenses and to adhere to all the rules & regulations that goes with that.

So you find that these people are hosting these websites on services that are not easily traceable or out of reach of their local law enforcement agencies. The primary reason is also tax evasion in their own countries and some even use these sites to launder money for their other illegal activities.  Shocked
legendary
Activity: 1232
Merit: 1080
November 06, 2019, 06:01:04 PM
#33
Any casino that is opened has to have funding behind it to payout anyone that wins big and there is a minimum requirement that is needed to be able to get a gambling license. Most Bitcoin gambling services over in the gambling sub forum are not licensed and could be taken down in the near future. We will be seeing increasing legislation with gambling and Bitcoin in the near future so make sure to acquire a gambling license before opening anything. 
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 06, 2019, 03:21:07 AM
#32
There are a lot of white label casino providers out there, but the trick is to find the legitimate operations that would not build in some backdoor in their code to empty your bankroll, once you are operational.

Unfortunately there are a lot more to running a casino than just downloading a script and getting people to gamble at your site. In many countries you will have to deal with obtaining a gambling license and if you want to bypass that step, then you will have to find ways to run the casino on a platform, where it cannot be taken down.

You will also have to fund a massive Bankroll and have a huge marketing budget to compete with other online casinos out there.  Roll Eyes
newbie
Activity: 6
Merit: 0
November 05, 2019, 06:46:04 PM
#31
If you are not a programmer that can tweak any template either free or premium and you don't have the capital to pay well for a veteran programmer, it is better to stay away from it. The security aspect is very essential, even the almighty binance was hacked and you are going o be dealing with people's data and money. You need to do a well-structured finding including the legal framework within your domain.
Yeah. That's a good point, all the free templates out there are likely ridden with bugs and backdoors and if you don't have anyone that's competent with code there's just going to be no point for you to run a casino - once any hacker sees your project, it'll just get hacked.

You can try raise money through friends and family and actually fund a good developer to work for you. Or get lucky and find someone willing to do it for equity.

Or he can make a bank loan, I think that will be a good start and if that doesn't work then go to your friends and families instead of looking for investors. Yes there could be angel investors out there but it will be very difficult because of the current (worsening) conditions of the market. I doubt that he can find partners or programmers who's willing to work for equity as these guys usually do one job and then go on the next.
I think you underestimate how easy it is to get a bank loan. To get a decent sum (enough for some basic marketing and enough for decent code), it'll be something over 25,000 USD.

Banks don't just give this money randomally and you'll need a buisness plan for them to grant such a loan to you, but since banks dislike crypto and dealing with crypto ventures, you'll likely never get it.

guys I don't know where I should talk about the opportunities I have here in Iran, but as you just said, in Iran I can loan money from bank from $23k to $75k without any plan or anything at all (I put my lands docs for this loan),! and in half an hour I can chage it to BTC, I have authority for this loan and everything ready , the payback plan start 5 years after paying day, and its 3% profit at all. But 2 problem I have : if i won't  change it from rial it will turn to nothing because of Iran economical collapse and low money level .
legendary
Activity: 1134
Merit: 1118
November 02, 2019, 02:27:14 PM
#30
I've gotta say that I really love the poll that the OP has put on this thread:



"Has it been done before on here" - genuinely asking whether or not someone in the history of Bitcointalk has ever made a casino Roll Eyes Judging by the 22k topics and 1.8m posts in the Gambling section, I think I'll have to go with no, no-one has ever done that.
legendary
Activity: 2016
Merit: 1107
November 02, 2019, 05:46:01 AM
#29
creating a bitcoin casino is more than just paying money and buying a hosting and a script
this is a very dangerous and hard business to start , there is so much competition and you need to have a decent bank to start with
I would say that even 3 bitcoins is not enough to start a good casino nowadays , you got to pay for marketing, set up and also make sure you have enough to pay the winners etc.
if you want to create it as some sort of a hobby project is one thing , but if you plan to make money , you'd have to do a lot of research first and come up with an original idea at the very least
my advice: check the quotes and ....  forget the idea , it is not worth it if you don't have good coding , marketing skills or at least a solid bank to hire a pro team
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
November 01, 2019, 07:51:09 AM
#28
It would be possible to open a casino using only 3rd party providers and these agreements are fairly easy and affordable to make, you would then need a reasonably talented UI dev to build a site around them.
And how many of such sites are taken seriously? I won't even bother checking a site out if it's all 3rd party providers. They're simply not reliable and have the worst support from the community.

If you want to make your own casino you need to be prepared to fork out 4 or even 5 digits on custom development (unless you are a skilled front-end and back-end developer), and have 5 digits minimum for bankrolling also. If you can't afford those - which you probably can't if template fees are a big deal to you - then don't start one.
Accurate as it can get! I wonder how someone working in a Domino's wakes up and plans to start a gambling website when they don't know how to write a line of code.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
October 31, 2019, 01:54:06 PM
#27
It would be possible to open a casino using only 3rd party providers and these agreements are fairly easy and affordable to make, you would then need a reasonably talented UI dev to build a site around them.

You can use them for table games, slots, live games, sports betting, pretty much anything you like these days. There's a lot more than just this of course which goes into running a casino, it's always best to have a team member experienced in running casinos and to have the tightest security, as online casinos are a target. I'm the CEO of Play Royal which is an established Tron casino now breaking out into the general cryptocurrency market and I'd be happy to have a chat with you if you have any questions.
I have to post again there. I wouldn't say 3rd party providers are affordable for everyone, it really needs good amount of money. What games do you want in your casino? Only dice? Even in this case you need to have huge bankroll in order to accept high bets from players and cover possible loses. Opening a casino doesn't mean it's the date where profit start counts. And also if you want other games like Live Blackjack, Baccarat and others, still you have to sign contract with live game service providers which aren't as affordable as you think. They charge good amount of money and without dedicated tables, you just depend on their generic rules.
hero member
Activity: 966
Merit: 535
October 31, 2019, 04:10:20 AM
#26
I have been investing in bitcoin since it's inception. I've used it for very notorious things, DW, sports bettings, buying lifelong subscriptions etc. Well I am kind of over that and the other day it occurred to me when I lost my last hand of blackjack. Why don't I just make my own?? I did lots of googling and the templates available make you pay extra fees and add scripts to enable games. Total rip off.

Are there any normal bitcoin templates out there? I already have hosting and domain from previous thing. It seeems so damn easy and I feel like most of the time your losing anyway.

If someone could help point me in the right direction that works I will send them a gift, seriously!!!

You obviously have no idea what you are talking about. Just go back to sleep rather.

Templates? Do you even know what a template is? How are you going to make a casino with templates?

lol, "hosting and domain" oh wow then you just about ready right??

"It seeems so damn easy" Eh? So where is your casino? You are not serious you made one post and you haven't even come back to reply.

Btw just the payment structure alone is a mission to put together. If you make a mistake or use some dodge script you could lose everything. You also need a large bankroll. I think at least 50x your minimum bet amount.
legendary
Activity: 1134
Merit: 1118
October 17, 2019, 05:00:54 AM
#25
If your strategy for making your own casino is to google for templates and then complain that they make you *gasp* pay money, then perhaps bankrolling a casino might not be a good idea for you. I've seen a silly amount of people on this forum use a template they googled and spam up the Gambling section with their revolutionary 1% house edge dicing game and it gets tiring; obviously, you won't get anyone using your casino if you do that.

If you want to make your own casino you need to be prepared to fork out 4 or even 5 digits on custom development (unless you are a skilled front-end and back-end developer), and have 5 digits minimum for bankrolling also. If you can't afford those - which you probably can't if template fees are a big deal to you - then don't start one.
hero member
Activity: 1806
Merit: 672
October 16, 2019, 03:40:02 PM
#24
Just a little bit of tip after you have somehow develop your own crypto gambling site, since I think you are new from this stuff I think you must know that even if you have a fully working gambling site you must know that before you can operate it you must be legally licensed to go on business with it. I'm talking about registering a gambling license for you to operate and one of the most quickest and safest ways is having your own website licensed by the island country of Curacao which a lot of crypto gambling sites registered their businesses. The license if of course recognized by a lot of countries who welcome international gambling sites for their citizens to play with and the license also is an added benefit for boosting your reputation as a trusted gambling site.
copper member
Activity: 58
Merit: 0
October 16, 2019, 12:33:12 PM
#23
It would be possible to open a casino using only 3rd party providers and these agreements are fairly easy and affordable to make, you would then need a reasonably talented UI dev to build a site around them.

You can use them for table games, slots, live games, sports betting, pretty much anything you like these days. There's a lot more than just this of course which goes into running a casino, it's always best to have a team member experienced in running casinos and to have the tightest security, as online casinos are a target. I'm the CEO of Play Royal which is an established Tron casino now breaking out into the general cryptocurrency market and I'd be happy to have a chat with you if you have any questions.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
October 14, 2019, 04:25:12 PM
#22
I've done it a couple years ago. A full site. Had to close it due to lack of volume and you really need to spend time and money on it for all sorts of expenses aside from hosting and domain. You'll preferably want to run a full node on it (maybe pruned) if it accepts bitcoins, even if just to watch the wallet.

Before that, I ran a weekly lotto/raffle on these forums.

I might help a new site get launched, but I don't know the extent of my involvement yet.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
October 14, 2019, 03:05:29 PM
#21
I have been investing in bitcoin since it's inception. I've used it for very notorious things, DW, sports bettings, buying lifelong subscriptions etc. Well I am kind of over that and the other day it occurred to me when I lost my last hand of blackjack. Why don't I just make my own?? I did lots of googling and the templates available make you pay extra fees and add scripts to enable games. Total rip off.

Are there any normal bitcoin templates out there? I already have hosting and domain from previous thing. It seeems so damn easy and I feel like most of the time your losing anyway.

If someone could help point me in the right direction that works I will send them a gift, seriously!!!
Creating a crypto gambling site may not be an easy task but making the people to play on it is the real job behind creating one for that you may need few thousands of dollars to advertise it and also need team to actively monitor the things going on your website so if you are ready to spend money to make some then you can but having this idea just to don't want to lose your money to other gambling sites looks silly for me.
newbie
Activity: 26
Merit: 0
October 14, 2019, 01:03:59 AM
#20
I have been investing in bitcoin since it's inception. I've used it for very notorious things, DW, sports bettings, buying lifelong subscriptions etc. Well I am kind of over that and the other day it occurred to me when I lost my last hand of blackjack. Why don't I just make my own?? I did lots of googling and the templates available make you pay extra fees and add scripts to enable games. Total rip off.

Are there any normal bitcoin templates out there? I already have hosting and domain from previous thing. It seeems so damn easy and I feel like most of the time your losing anyway.

If someone could help point me in the right direction that works I will send them a gift, seriously!!!

If you make a decision that wanna carry out that may need any developer team to support and build you idea into reality Blockchain DApp.
Otherwise you know the cryptocurrency quite well and already engaged the programming job many years and experience.
If you are not the guy has much skill with dev. should be not ok.
we could assist all the solution the mining method and blackjack games or publish your token or build it ecosystem and community.
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hero member
Activity: 952
Merit: 513
October 13, 2019, 04:59:25 PM
#19
If you are not a programmer that can tweak any template either free or premium and you don't have the capital to pay well for a veteran programmer, it is better to stay away from it. The security aspect is very essential, even the almighty binance was hacked and you are going o be dealing with people's data and money. You need to do a well-structured finding including the legal framework within your domain.
Yeah. That's a good point, all the free templates out there are likely ridden with bugs and backdoors and if you don't have anyone that's competent with code there's just going to be no point for you to run a casino - once any hacker sees your project, it'll just get hacked.

You can try raise money through friends and family and actually fund a good developer to work for you. Or get lucky and find someone willing to do it for equity.

Or he can make a bank loan, I think that will be a good start and if that doesn't work then go to your friends and families instead of looking for investors. Yes there could be angel investors out there but it will be very difficult because of the current (worsening) conditions of the market. I doubt that he can find partners or programmers who's willing to work for equity as these guys usually do one job and then go on the next.
I think you underestimate how easy it is to get a bank loan. To get a decent sum (enough for some basic marketing and enough for decent code), it'll be something over 25,000 USD.

Banks don't just give this money randomally and you'll need a buisness plan for them to grant such a loan to you, but since banks dislike crypto and dealing with crypto ventures, you'll likely never get it.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
October 13, 2019, 01:22:42 PM
#18
If you are not a programmer that can tweak any template either free or premium and you don't have the capital to pay well for a veteran programmer, it is better to stay away from it. The security aspect is very essential, even the almighty binance was hacked and you are going o be dealing with people's data and money. You need to do a well-structured finding including the legal framework within your domain.
Yeah. That's a good point, all the free templates out there are likely ridden with bugs and backdoors and if you don't have anyone that's competent with code there's just going to be no point for you to run a casino - once any hacker sees your project, it'll just get hacked.

You can try raise money through friends and family and actually fund a good developer to work for you. Or get lucky and find someone willing to do it for equity.

Or he can make a bank loan, I think that will be a good start and if that doesn't work then go to your friends and families instead of looking for investors. Yes there could be angel investors out there but it will be very difficult because of the current (worsening) conditions of the market. I doubt that he can find partners or programmers who's willing to work for equity as these guys usually do one job and then go on the next.
Before taking any loans on any banks or loans into his close friends or relatives just make sure on the things hes trying to create because not
all would succeed as you think or he can see on some gambling sites that generate monstrous income.About scripts and templates its much better
if he do hire some developer but be sure that there would be no backdoors because it will be all useless.
legendary
Activity: 3080
Merit: 1353
October 13, 2019, 05:15:20 AM
#17
If you are not a programmer that can tweak any template either free or premium and you don't have the capital to pay well for a veteran programmer, it is better to stay away from it. The security aspect is very essential, even the almighty binance was hacked and you are going o be dealing with people's data and money. You need to do a well-structured finding including the legal framework within your domain.
Yeah. That's a good point, all the free templates out there are likely ridden with bugs and backdoors and if you don't have anyone that's competent with code there's just going to be no point for you to run a casino - once any hacker sees your project, it'll just get hacked.

You can try raise money through friends and family and actually fund a good developer to work for you. Or get lucky and find someone willing to do it for equity.

Or he can make a bank loan, I think that will be a good start and if that doesn't work then go to your friends and families instead of looking for investors. Yes there could be angel investors out there but it will be very difficult because of the current (worsening) conditions of the market. I doubt that he can find partners or programmers who's willing to work for equity as these guys usually do one job and then go on the next.
hero member
Activity: 952
Merit: 513
October 12, 2019, 09:19:49 PM
#16
If you are not a programmer that can tweak any template either free or premium and you don't have the capital to pay well for a veteran programmer, it is better to stay away from it. The security aspect is very essential, even the almighty binance was hacked and you are going o be dealing with people's data and money. You need to do a well-structured finding including the legal framework within your domain.
Yeah. That's a good point, all the free templates out there are likely ridden with bugs and backdoors and if you don't have anyone that's competent with code there's just going to be no point for you to run a casino - once any hacker sees your project, it'll just get hacked.

You can try raise money through friends and family and actually fund a good developer to work for you. Or get lucky and find someone willing to do it for equity.
legendary
Activity: 3080
Merit: 1353
October 12, 2019, 12:46:59 PM
#15
Are there any normal bitcoin templates out there? I already have hosting and domain from previous thing. It seeems so damn easy and I feel like most of the time your losing anyway.

If someone could help point me in the right direction that works I will send them a gift, seriously!!!

Of course, there's a lot of templates out there, but the thing is you really don't know if there's some backdoor on the code specially if you are a non technical guy. That's why it is really not advisable to used free templates out there as it might give you a big head ache in the end. There could be some that offer licenses, If I'm not mistaken, to be able to used their build in apps and then you will just have to customized it. It's not that easy as you pointed out, there are things that you really need to take care of specially in the back end.
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