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Topic: Running an online Bitcoin gambling website - page 3. (Read 1252 times)

sr. member
Activity: 1554
Merit: 334
January 31, 2020, 11:29:49 PM
#70
Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.
hero member
Activity: 2926
Merit: 567
January 31, 2020, 10:42:14 PM
#69
I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.
Even if there is a chance that you can run one without a license I still going to advise you to get one, so your online gambling casino will run without any issue in the future, it's better to have one than none at all you never know what's going to happen in the future, and the worst thing that can happen is to have a legal issue.
legendary
Activity: 3122
Merit: 1140
January 31, 2020, 07:25:59 PM
#68
- snip ..
When it comes to trying to create a new casino you are basically facing 4 different problems, the first is the license, where are you going to get the license to run a casino, the second issue is the money, you need a lot of money to start a casino, you need to pay for the license, the website, the servers and the bankroll, the third issue is how to secure the funds of your players since hackers will try to steal the money from the casino and finally you are trying to enter in an established industry that is already saturated with casinos and many do not get enough clients to sustain their operations.

yes that is all true but i think the op isnt concerned of other factors that you mentioned but he is only more concerned of the license and the legality of the gambling on thier country   . since you mentioned the money or the funds already  ,  funds is also the most important aspect before anything else because he cant obtained a license without a fund right  ?  it could take lots of time and money to go thru a process of getting a licensed  whether offline or online gambling site .
I know that he is worried about the license and that is correct but there are many other issues with running a casino, getting the license is just the first step and there are even more issues that I did not even thought at the time I gave my answer, one of the most important is the software you are going to run in your casino, the games need to be fair otherwise you could be accused of rigging the games, or even worse, a smart player could find a pattern and then bankrupt your casino if he is able to win more than what he should by chance.
Indeed. Sometimes there are smart players who studies first a real and great strategy to bankrupt a certain casino and that is the one of the biggest problem you will face if you run a casino so if they are smart, you should be smarter than them in order for you to be successful in your casino. You should think a lot of tricks that they can't easily think so that you could protect your casino from bankruptcy.
Tricks doesnt work if we do talk on a fully operational casino site and it is free from bugs or whatsoever. No one beats the house on any way
unless if theres exploit which can be abused on then thats an another story.Therefore, before launching you should really take into consideration
when it comes to security and backdoor thingy because this problem can really give out big problem to your business.
Back to topic about licensing then this would need some professional advice locally.
hero member
Activity: 1498
Merit: 586
January 31, 2020, 07:03:19 PM
#67
I know that he is worried about the license and that is correct but there are many other issues with running a casino, getting the license is just the first step and there are even more issues that I did not even thought at the time I gave my answer, one of the most important is the software you are going to run in your casino, the games need to be fair otherwise you could be accused of rigging the games, or even worse, a smart player could find a pattern and then bankrupt your casino if he is able to win more than what he should by chance.
Indeed. Sometimes there are smart players who studies first a real and great strategy to bankrupt a certain casino and that is the one of the biggest problem you will face if you run a casino so if they are smart, you should be smarter than them in order for you to be successful in your casino. You should think a lot of tricks that they can't easily think so that you could protect your casino from bankruptcy.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 31, 2020, 01:44:22 PM
#66
- snip ..
When it comes to trying to create a new casino you are basically facing 4 different problems, the first is the license, where are you going to get the license to run a casino, the second issue is the money, you need a lot of money to start a casino, you need to pay for the license, the website, the servers and the bankroll, the third issue is how to secure the funds of your players since hackers will try to steal the money from the casino and finally you are trying to enter in an established industry that is already saturated with casinos and many do not get enough clients to sustain their operations.

yes that is all true but i think the op isnt concerned of other factors that you mentioned but he is only more concerned of the license and the legality of the gambling on thier country   . since you mentioned the money or the funds already  ,  funds is also the most important aspect before anything else because he cant obtained a license without a fund right  ?  it could take lots of time and money to go thru a process of getting a licensed  whether offline or online gambling site .
I know that he is worried about the license and that is correct but there are many other issues with running a casino, getting the license is just the first step and there are even more issues that I did not even thought at the time I gave my answer, one of the most important is the software you are going to run in your casino, the games need to be fair otherwise you could be accused of rigging the games, or even worse, a smart player could find a pattern and then bankrupt your casino if he is able to win more than what he should by chance.
sr. member
Activity: 1988
Merit: 275
January 29, 2020, 05:20:05 PM
#65
There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region, I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.
Yes, a legal advice is needed in this case, every country has their own law regarding gambling, even local lottery has their own rules and regulations needed to obey, if you want to have a gambling website online, better to prepare your files first, hire a programmer that will maintains the security of the website to avoid any problems , and to  prevent hackers , in that way you can run online gambling without any issues.
Established an online gambling platform has never been an easy task. For sure, you could purchase the gambling website script from various sources for few bucks and develop it into your own platform but it would not complete your work. You need to have proper security, fair games, decent number of gamblers on the platform and much more.

If you have any plans to launch the gambling platform than your mainstream income would be from the gamblers and imagine if there is no one ready to gamble on your platform than what would be the use of creating this gambling platform? So prior thing to do would be to attract few gamblers and convince them to use your platform by placing few attractive offers for them. Huge capital would be needed to make this into a profitable running gambling platform.

And that translates to the fact that he needs a good amount of bank roll because if the players become aware that there is small or no bank roll in place, they will get out as soon as they can. That is because, the chance of not paying the winnings is very high.

There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region, I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.
Yes, a legal advice is needed in this case, every country has their own law regarding gambling, even local lottery has their own rules and regulations needed to obey, if you want to have a gambling website online, better to prepare your files first, hire a programmer that will maintains the security of the website to avoid any problems , and to  prevent hackers , in that way you can run online gambling without any issues.
Seeking professional advice for this matter should really be your first priority so that you would be aware on what are the currents laws so that you will avoid or proceed on what it would be.

When everything is cleared out and confirmed that you can make and operate on your own.Then, development is in next line and of course you should really be concern or in your top priority
when it comes to security.

Lots of gambling sites nowadays doesnt have a license but do freely operating.

But yes, before anything else, if he is serious about putting up a legal operating casino, he should see a lawyer that knows about the laws in his country. It would really take so much effort and resources to build one. The substandard casinos without license will not gain players in the long run. So why not start it in legal and right way?
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
January 29, 2020, 05:11:11 PM
#64
There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region, I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.
Yes, a legal advice is needed in this case, every country has their own law regarding gambling, even local lottery has their own rules and regulations needed to obey, if you want to have a gambling website online, better to prepare your files first, hire a programmer that will maintains the security of the website to avoid any problems , and to  prevent hackers , in that way you can run online gambling without any issues.
Seeking professional advice for this matter should really be your first priority so that you would be aware on what are the currents laws so that you will avoid or proceed on what it would be.

When everything is cleared out and confirmed that you can make and operate on your own.Then, development is in next line and of course you should really be concern or in your top priority
when it comes to security.

Lots of gambling sites nowadays doesnt have a license but do freely operating.
sr. member
Activity: 1568
Merit: 283
January 29, 2020, 01:19:31 PM
#63
There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region, I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.
Yes, a legal advice is needed in this case, every country has their own law regarding gambling, even local lottery has their own rules and regulations needed to obey, if you want to have a gambling website online, better to prepare your files first, hire a programmer that will maintains the security of the website to avoid any problems , and to  prevent hackers , in that way you can run online gambling without any issues.
Established an online gambling platform has never been an easy task. For sure, you could purchase the gambling website script from various sources for few bucks and develop it into your own platform but it would not complete your work. You need to have proper security, fair games, decent number of gamblers on the platform and much more.

If you have any plans to launch the gambling platform than your mainstream income would be from the gamblers and imagine if there is no one ready to gamble on your platform than what would be the use of creating this gambling platform? So prior thing to do would be to attract few gamblers and convince them to use your platform by placing few attractive offers for them. Huge capital would be needed to make this into a profitable running gambling platform.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 29, 2020, 12:58:21 PM
#62
How if you can find the hosting provider that will allow gambling running in their server? If yes, maybe you can visit on https://uncensoredhosting.com/gambling-hosting/ to read and find out which hosting provider that would enable gambling in their server. But unfortunately, I don't know which website from that list that can be your choice, so you need to find by yourself. The list has 10 hosting providers, and you can visit one by one of the hosting providers to find what you need.
hero member
Activity: 1372
Merit: 564
January 29, 2020, 12:28:04 AM
#61
There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region, I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.
Yes, a legal advice is needed in this case, every country has their own law regarding gambling, even local lottery has their own rules and regulations needed to obey, if you want to have a gambling website online, better to prepare your files first, hire a programmer that will maintains the security of the website to avoid any problems , and to  prevent hackers , in that way you can run online gambling without any issues.
sr. member
Activity: 2030
Merit: 269
January 28, 2020, 10:33:39 AM
#60
I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region, I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.
hero member
Activity: 2982
Merit: 597
Leading Crypto Sports Betting & Casino Platform
January 28, 2020, 07:55:46 AM
#59
If you do not want to run into a problem along the way, you should get a license, it's for your peace of mind whether there is a possibility that you can run one without it, it's still better to have one than none because it will favor you because you will have a peace of mind and your clients will have too, because you are doing things according to the law.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
January 28, 2020, 06:33:08 AM
#58
I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.
If I amn't wrong, gambling laws are a little bit different in Canada Provinces. You can use some Canadian gambling review websites to have an imaginary about what's happening in your country. It's not that easy task. Firstly, casino requires a lot of money, professional IT team behind it, customer supports, partners and etc, this requires time, knowledge and a lot of money. Crypto gambling websites are mostly launched in Curacao, seems this is the best place for them to operate from and there is a reason why every popular casino operates from Curacao. Do you even know laws of crypto in Canada?
As mocacinno said, better to talk experienced persons in this subject, it's not an online solvable task.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
January 28, 2020, 05:17:05 AM
#57
- snip ..
When it comes to trying to create a new casino you are basically facing 4 different problems, the first is the license, where are you going to get the license to run a casino, the second issue is the money, you need a lot of money to start a casino, you need to pay for the license, the website, the servers and the bankroll, the third issue is how to secure the funds of your players since hackers will try to steal the money from the casino and finally you are trying to enter in an established industry that is already saturated with casinos and many do not get enough clients to sustain their operations.

yes that is all true but i think the op isnt concerned of other factors that you mentioned but he is only more concerned of the license and the legality of the gambling on thier country   . since you mentioned the money or the funds already  ,  funds is also the most important aspect before anything else because he cant obtained a license without a fund right  ?  it could take lots of time and money to go thru a process of getting a licensed  whether offline or online gambling site .
the fact is to get a license requires funds to manage it, sometimes what makes a lot of expenses is paying lawyers who do legal work because without a strong lawyer gambling site will be difficult to get a license. the time to process to get a license will definitely be long, because in the legal entity structure of a company must be strong and this requires time to manage it.
newbie
Activity: 93
Merit: 0
January 28, 2020, 01:23:33 AM
#56
the biggest from that list of problems is the forth one. just watch the statistics of visitors for small casinos
full member
Activity: 1750
Merit: 118
January 28, 2020, 01:14:11 AM
#55
- snip ..
When it comes to trying to create a new casino you are basically facing 4 different problems, the first is the license, where are you going to get the license to run a casino, the second issue is the money, you need a lot of money to start a casino, you need to pay for the license, the website, the servers and the bankroll, the third issue is how to secure the funds of your players since hackers will try to steal the money from the casino and finally you are trying to enter in an established industry that is already saturated with casinos and many do not get enough clients to sustain their operations.

yes that is all true but i think the op isnt concerned of other factors that you mentioned but he is only more concerned of the license and the legality of the gambling on thier country   . since you mentioned the money or the funds already  ,  funds is also the most important aspect before anything else because he cant obtained a license without a fund right  ?  it could take lots of time and money to go thru a process of getting a licensed  whether offline or online gambling site .
sr. member
Activity: 1596
Merit: 335
January 27, 2020, 10:17:29 PM
#54
I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

You need to register your business. You are making profits here so you need to be legalized even you are operating in crypto. But if you are brave enough to avoid the regulations, then risks it since you are just a small site for now. But when you noticed that there is an increase in players, you need to make things legally.

Second, it's not just about legality but you must also provide your bankroll details via showing your signed address with funds.


I agree. There are people who are running online gambling in restricted countries. They have found ways to pursue it but if you want legality, then try to get a license first and you'll only find out if gambling is restricted in your country or not.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 27, 2020, 01:54:00 PM
#53
I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.
When it comes to trying to create a new casino you are basically facing 4 different problems, the first is the license, where are you going to get the license to run a casino, the second issue is the money, you need a lot of money to start a casino, you need to pay for the license, the website, the servers and the bankroll, the third issue is how to secure the funds of your players since hackers will try to steal the money from the casino and finally you are trying to enter in an established industry that is already saturated with casinos and many do not get enough clients to sustain their operations.
hero member
Activity: 1666
Merit: 629
January 27, 2020, 12:51:38 PM
#52
I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

I have done research since I was curious about the answers to some questions about this situation and I could not fulfill this dream due to the obstacles required due to my location and software fees. First of all, I want you to know that before you start this project, you have to learn the legal procedure by a really knowledgeable person and then hire a lawyer for all sorts of problems. Of course, things do not stay with this much, because you are the person to be contacted in all legal problems that may occur about the site, a few more precautions should be taken. After completing all these legal steps, unfortunately, you have to open the pocket of the purse to the end, because this kind of service software is very expensive. In order to save on these software, you do not have the chance to choose the cheapest one because these software work flawlessly. Who would use a new gambling service that has a legal obligation, software problems and especially a new gambling service? You are talking about a project that is problematic with every step but can cause you to earn very serious income. I hope everything will be as you want and without any problems.
sr. member
Activity: 630
Merit: 265
January 27, 2020, 12:10:52 PM
#51
I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.
Getting a license for creating a online gambling site is the first thing that you need to guarantee if your gambling site is legal or legitimate. You also need to know if online gambling sites are allowed in Canada for you to avoid violating the law, but if it is illegal it will be difficult for you to run a bitcoin gambling site.
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