Repeated Question Many times
Here is some threads Which may help you -
https://bitcointalksearch.org/topic/how-to-create-own-bitcoin-gambling-site-1760302
https://bitcointalksearch.org/topic/can-i-start-a-btc-dice-site-with-30btc-1534550
Your Approx budget must be 30-40 Btc to Start Own Website
Also this post In wrong section you must move it into Gambling discussion here below Link
https://bitcointalk.org/index.php?board=228.0
Topic: New Gambling Sites? (Read 1391 times)
I am pretty sure if the OP has like 500mBTC he will launch his own Casino like already the 100's of poor cloned dice sites already out on Bitcointalk forum.
Basically it works like this. Start a site with < 1 BTC, spam on Bitcointalk and hope you get tons of gamblers which will lose everything. If you get a whale which cleans you out, just shutdown the site and start another one.
Rinse and repeat.
Basically it works like this. Start a site with < 1 BTC, spam on Bitcointalk and hope you get tons of gamblers which will lose everything. If you get a whale which cleans you out, just shutdown the site and start another one.
Rinse and repeat.
So.. not sure if this thread has been made or not!
What does it actually take and need to start out a new sportsbook/casino/dice site?
What amounts needed to start up, what providers for themes/scripts all that stuff etc?
Can you all give a input please?
What does it actually take and need to start out a new sportsbook/casino/dice site?
What amounts needed to start up, what providers for themes/scripts all that stuff etc?
Can you all give a input please?
First off, you need shit loads of bitcoins or fiat to start one. If you would create your own casino then that would probably cost you 5+ bitcoins to create and then you need to have an initial house fund which could range from 10-20 btc at the start if you want to offer high rollers then you'll need more than that.
There are lots of third party casino and sportsbook white label service provider out there, you can either use those pre-made and working script to host your own casino or sportsbook and take the cut or start your own casino with simple games like dice, roulette, plinko etc and use your own bitcoin as site's bankroll using custom script or by modifying already existing scripts.
It is hard to calculate the total cost to set all this up, but it might take around 2000-3000 USD to just start it off and you should also add some funds for initial marketing and advertising.
It is hard to calculate the total cost to set all this up, but it might take around 2000-3000 USD to just start it off and you should also add some funds for initial marketing and advertising.
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You need a lot of money to build new gambling sites may be around 50 bitcoin for start the new site. all cost is included all that you needed to build gambling site.
I think other considerations, aside from the amount needed, are the white label service provider you want to be associated with, the games you want to focus on and how you are going to market your casino site. Better exposure means better chance to attract depositing players as soon as your gaming site is live.
Thats why he need a lot of balance to promote his site for long since low time exposure is so useless since people might be appealed for those gambling site who promotes their site very well. Try to look primedice,bitsler,betcoin ag and crypto-games they had been successfull for the fact that they are willing to spend to get their success and to run for more years.
I think other considerations, aside from the amount needed, are the white label service provider you want to be associated with, the games you want to focus on and how you are going to market your casino site. Better exposure means better chance to attract depositing players as soon as your gaming site is live.
So.. not sure if this thread has been made or not!
What does it actually take and need to start out a new sportsbook/casino/dice site?
What amounts needed to start up, what providers for themes/scripts all that stuff etc?
Can you all give a input please?
What does it actually take and need to start out a new sportsbook/casino/dice site?
What amounts needed to start up, what providers for themes/scripts all that stuff etc?
Can you all give a input please?
You would probably at least need 20 bitcoins or more. The cost of development and securing it will be the bulk of operations then you have to leave some more money for the bankroll of your site if you will not open investments. I would advise to just invest in casinos than creating and running one yourself.
This is just a solution:-
Gambling is a total loss for the one who uses it, but if you want to develop a gambling site, you can earn a lot profit.
i personally dont use gambling site anymore, but there are a lot people using gambling site. For promotion you can also start a new signature or avatar campaign over here. You can promote it in many ways like promoting on bitcoin giving websites like freebitco etc.
Gambling is a total loss for the one who uses it, but if you want to develop a gambling site, you can earn a lot profit.
i personally dont use gambling site anymore, but there are a lot people using gambling site. For promotion you can also start a new signature or avatar campaign over here. You can promote it in many ways like promoting on bitcoin giving websites like freebitco etc.
Take it from those who've run casinos or gambling sites active here on bct. They'll be the first to tell you that it's not easy and requires full-time dedication. I've seen some who say developers are not cheap. Tell you what: nothing good is cheap - design, coding, content, marketing. These are all easily available online, thousands of freelancers out there.
Some people understand the cost of quality. You should be willing to have the same understanding if you want to start any online business.
Some people understand the cost of quality. You should be willing to have the same understanding if you want to start any online business.
Yes that is not the case these days. Basically it almost every week or so when a few website open up out of the blue with really crappy designed or some copied script gambling site and they expect to be the next Primedice.
Also what is worse is that these sites basically do it with zero-risk. They have no bank roll so if they get a huge month of losses (for them) they will just say "hot wallet is empty" and will shut down and open another site a few days later.
Casinos aren't suppost to work like that.
So we must avoid that one so that we will not get any problem upon playing at them and OP should consider to have huge bankroll on this so that people could really tell that they might in the best site playing, But aside on all OP's Inquiries Surely This Gambling business dream would surely cost him a lot since Running this kind of business is money waster since you need to put more money so that you will be known in public.
And All things would surely work on him if his transparent on all things outhere.
Take it from those who've run casinos or gambling sites active here on bct. They'll be the first to tell you that it's not easy and requires full-time dedication. I've seen some who say developers are not cheap. Tell you what: nothing good is cheap - design, coding, content, marketing. These are all easily available online, thousands of freelancers out there.
Some people understand the cost of quality. You should be willing to have the same understanding if you want to start any online business.
Some people understand the cost of quality. You should be willing to have the same understanding if you want to start any online business.
Yes that is not the case these days. Basically it almost every week or so when a few website open up out of the blue with really crappy designed or some copied script gambling site and they expect to be the next Primedice.
Also what is worse is that these sites basically do it with zero-risk. They have no bank roll so if they get a huge month of losses (for them) they will just say "hot wallet is empty" and will shut down and open another site a few days later.
Casinos aren't suppost to work like that.
Take it from those who've run casinos or gambling sites active here on bct. They'll be the first to tell you that it's not easy and requires full-time dedication. I've seen some who say developers are not cheap. Tell you what: nothing good is cheap - design, coding, content, marketing. These are all easily available online, thousands of freelancers out there.
Some people understand the cost of quality. You should be willing to have the same understanding if you want to start any online business.
Some people understand the cost of quality. You should be willing to have the same understanding if you want to start any online business.
Well if there's a new gambling site, gamblers are already expert and updated to it but since I'm not an expert and I'm not into gambling, I'm not aware of the new site. However, if I am informed to it despite without any knowledge, I would be interested somehow because I can inform others those who are fascinated in gambling. Some people can't live without gambling in their daily routine so I guess it's pleasurable on their part.
So.. not sure if this thread has been made or not!
I guess there are some the same thread already but I can't do the digging.What does it actually take and need to start out a new sportsbook/casino/dice site?
For me, script, team, legality and what is the most important is the budget for your starting gambling site.
What amounts needed to start up, what providers for themes/scripts all that stuff etc?
I don't have an idea on how much are the scripts for a gambling site or a certain game exactly. But 10-20 bitcoin I guess is already enough for you to build your own.
It majorly depends on what type of gambling sites you want to start. For a simple dice gambling site, IMO 10BTC budget is enough, if you want to advertise it widely then 1-2BTC extra. I think that is more than sufficient. You can find website developers, hosting plan sellers as well as advertisers here, so try to get the best price.
Do you think a simple dice game will atrract players? With all the available dice sites in this gambling industry, low budget will not able to compete with other popular dice sites. You also need to think about bankroll, unless you are going to use moneypot.
It majorly depends on what type of gambling sites you want to start. For a simple dice gambling site, IMO 10BTC budget is enough, if you want to advertise it widely then 1-2BTC extra. I think that is more than sufficient. You can find website developers, hosting plan sellers as well as advertisers here, so try to get the best price.
Do you think a simple dice game will atrract players? With all the available dice sites in this gambling industry, low budget will not able to compete with other popular dice sites. You also need to think about bankroll, unless you are going to use moneypot.
It majorly depends on what type of gambling sites you want to start. For a simple dice gambling site, IMO 10BTC budget is enough, if you want to advertise it widely then 1-2BTC extra. I think that is more than sufficient. You can find website developers, hosting plan sellers as well as advertisers here, so try to get the best price.
If I'm not wrong these things already discussed many times.
I think you need surely more than 30 BTC to run any gambling site because if your bankroll is small then your chances of success will be less in the gambling business. Also if you want to be a success in this business then you need a very strong development team to handle the website. You can't just use any script because people expect a unique design and if someone tries to hack your site then need a technical people to handle those issues. You need to spend a lot of money to market your new site to attract players.
Yeah we already discussed this topic many times. No, to open online gambling does not require that much money. I say like that because now bitcoin price is high enough, remember not all gamblers will win while playing on their site and I think if he want to open online gambling may he only need about 10-15btc.I think you need surely more than 30 BTC to run any gambling site because if your bankroll is small then your chances of success will be less in the gambling business. Also if you want to be a success in this business then you need a very strong development team to handle the website. You can't just use any script because people expect a unique design and if someone tries to hack your site then need a technical people to handle those issues. You need to spend a lot of money to market your new site to attract players.
So.. not sure if this thread has been made or not!
What does it actually take and need to start out a new sportsbook/casino/dice site?
What amounts needed to start up, what providers for themes/scripts all that stuff etc?
Can you all give a input please?
sorry for late answer but saw just now.What does it actually take and need to start out a new sportsbook/casino/dice site?
What amounts needed to start up, what providers for themes/scripts all that stuff etc?
Can you all give a input please?
Creating a casino website isn't easy. At first you need license (only not for dice) for that with a lot of money. Creating takes a lot of money, you have to contact slot software owners like igrosoft and etc, also company which can to send you bet odds and need information and also a group of developers to always develope website and services and fix all issues. And than you still need a lot of money to cover wins if this will happen
But finally you will profit
There are lots of third party casino and sportsbook white label service provider out there, you can either use those pre-made and working script to host your own casino or sportsbook and take the cut or start your own casino with simple games like dice, roulette, plinko etc and use your own bitcoin as site's bankroll using custom script or by modifying already existing scripts.
It is hard to calculate the total cost to set all this up, but it might take around 2000-3000 USD to just start it off and you should also add some funds for initial marketing and advertising.
It is hard to calculate the total cost to set all this up, but it might take around 2000-3000 USD to just start it off and you should also add some funds for initial marketing and advertising.
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