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Topic: Setting up a gambling business - page 3. (Read 729 times)

sr. member
Activity: 1848
Merit: 341
Duelbits.com
September 09, 2021, 10:33:42 AM
#89
I know that almost everyone here advises you to have a programmer and team with other skills. But in my opinion there are things that you need to prioritize, namely all the risks how the regulations in your country will also be a boost for the survival of the casino you want to create.
First, before you reach out to people outside the country you live in, you must be able to provide open access without complicating things like system settings errors. You have to do training or some kind of introduction to the gambling business, it doesn't just need intention and interest. Because you will be the main manager in determining a long-lasting business. You should know better than the team you are recruiting.
sr. member
Activity: 2268
Merit: 275
September 09, 2021, 10:00:06 AM
#88
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
You have the capital then there should be no problem here, you can start buying the things that you may needed on putting up an online gambling and I do also suggest to hire a good team with regards to this one, because its hard to do it alone.
I guess there's a problem even OP has a fund as capital to start the business, I am thinking about how the team should be trusted too that you can trust. This is very important because you will never know they are milking to your fund and right after they will disappear. It should be can be trusted or there should be a contract and as an owner, everything they do you must study, dont rely on your staff and the developers, they will I guess having a nad inetention.

OP needs to at least learn the basic before hiring someone or teaming up with someone, even he have funds to finance this business it still difficult for him to entrust his money to anyone, unless he'll take some time to learned the basic coding just to have an idea on how the business will work.

Though everything is available online with the right amount of offers, he can hire coders and he can tie the business up with the online gaming developers.

But the fact remains, better not to start something that you don't any idea, invest with your knowledge and be prepared with all the risk that accompanying your target business.

It's true what you all say, that the OP is still too hasty in making decisions in setting up a gambling business. Many things must be fulfilled. Aspects of team selection are also not arbitrary and as long as you choose, the suitability of goals and thoughts that are in line will be much more likely to lead to success. For the OP, he has to think of many tasks that he needs to make as detailed as possible to make such a business proposal, especially in the field of gambling business is not an easy thing.
legendary
Activity: 2464
Merit: 1943
Leading Crypto Sports Betting & Casino Platform
September 09, 2021, 08:59:11 AM
#87
I don't have to say it again but the guide on to start your own gambling business is already provided. You just have to follow what they said since you mentioned that you don't have knowledge about computer coding. All you need is the budget to hire all personnel that you needed to do it and acquire gambling license for your platform.

Totally agree with you. Any technical moments are trifles (of course, if you are not trying to create something revolutionary), the most important thing is management - lawyers and marketing who will spend the budget in the right way and establish financial flows. People who look at the business from the bottom up and think about technical trifles like coding are very wrong.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
September 09, 2021, 03:39:04 AM
#86
I don't have to say it again but the guide on to start your own gambling business is already provided. You just have to follow what they said since you mentioned that you don't have knowledge about computer coding. All you need is the budget to hire all personnel that you needed to do it and acquire gambling license for your platform.
hero member
Activity: 2828
Merit: 518
September 09, 2021, 03:17:24 AM
#85
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
Having people to help you to design and run your business is a part of the capital...
*Money
*Manpower
*Equipment

All of these things place an important role in business, you can't simply run the business alone but it needs more hands to work it perfectly or at least. So if you think you have enough money to start a business, then you should have acquired them.
hero member
Activity: 2352
Merit: 594
September 09, 2021, 02:52:19 AM
#84
If you want to go big, you should hire a programmer on a long-term basis because your website will need to be maintained and some loopholes will need to be fixed. It's difficult if you just bought a template online and run it because the upgrades and features you want aren't very flexible to add, but if you hire a talented programmer, anything you want can be added to your side. My recommendation is to hire a team of programmers and ask them to build a gambling site for you, along with an estimate of how much it will cost and how long it will take to complete or until the beta release. It is extremely costly at first and takes months to build, and maintaining the site's reputation is an additional task.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
September 09, 2021, 02:18:48 AM
#83
many good answers and info till now

but

no feedback from the Operator  Huh

very strange IMO
legendary
Activity: 1414
Merit: 1104
Bitcoin Casino Est. 2013
September 09, 2021, 01:39:22 AM
#82
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

Most times, when venturing into a new business say gambling in this case and you have the capital to push the business without the technical knowledge, it is good that you get yourself a team of professionals in different aspects involving gambling to get involved in your project to build and run a gambling site, you can't do it on your own, some projects run better with a team rather than an individual.
full member
Activity: 2408
Merit: 202
September 08, 2021, 11:24:36 PM
#81
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

You should probably acquire at least some knowledge when it comes to coding before you start with this venture.

That way, you can be at least somewhat sure that you're not getting scammed by the developers that you hire, they're not billing you for more than necessary, and worse yet, they're not installing any backdoors in order to extract funds from your business once it's up and running.
Correctly needed , because if you know nothing about the business then you will be fooled at all cost since you will be dealing with separate knowledge from other people.
Quote
And seriously make sure that you are sufficiently capitalized and not short on funds BEFORE you start this venture.
He is confidently in having a capital so i think that cannot be a problem , only the operation is what he mostly in concern .
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
September 08, 2021, 11:06:00 PM
#80
There are two ways to do this hire reputable and capable coders or programmers and those who are experienced to run a casino and start your own branded casino or get a white label to run design and manage your casino you need a huge budget on the first one but it's worth, gamblers will see the uniqueness of the design compare to white labels that offered generic designs.
If I were him and had much money, I would hire reputable and capable coders and programmers to help me create a new gambling site.
I am sure they can have a new idea to explore gambling games and know what they should give to the gamblers.
Hiring the programmers to design can give a different than the other gambling site to give the gamblers a new experience.
After the site is almost finished, he can invite some beta tester to see if everything can work or need more improvisation.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
September 08, 2021, 10:38:40 PM
#79
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

You did not mention how long have you been playing and your job, if you do not know how to program Whitelabel is the answer if you have prior knowledge on how gambling operates, then you can set up your own branded gambling site, it depends on your level of interest your funds and your location so I advise you to do a feasibility study before venturing in operating a gambling site.
What is clear, to run a business can not be arbitrary because in addition to having to spend a lot of money, at least he must also be able to find and get exact colleagues. If he himself does not have the basic knowledge to build a business, then it requires him to hire someone else to be able to operate everything smoothly. The gambling business will be more difficult to develop because with the many controversies about gambling itself, then he must have a lot of knowledge and knowledge not only about building a business but about gambling itself which I think all of that must be learned.
legendary
Activity: 3066
Merit: 1312
SOL.BIOKRIPT.COM
September 08, 2021, 09:15:57 PM
#78
Whatever you do, please don't set up another crash site.

There are simply too many of them around right now that have had no innovation whatsoever.

Blindly copying/pasting code from a template is not going to attract you a lot of players at all. You need to truly differentiate yourself from the rest of the crowd and have a well funded operation in order to survive.
Why not ? I honestly think it's not that bad to start another crash site even though there's a lot of them you can still stand out just like some of the dice sites we have now. Like you've said it all comes down on how OP could make his game more unique and stand out against the rest of the competition. For example rocketpot used to have a unique crash game where they have three jackpots. After that he could start adding more games or other features depending on what their player wants.

It is true, OP can start with any games but preferably with popular game like crash or dice. Business may start with something small, as long as the owner manage it well then it can improve a lot later. It applies in almost all type of business including gambling business. We have seen many succeed site started with single game but they are improving from time to time.
hero member
Activity: 1008
Merit: 531
September 08, 2021, 09:08:58 PM
#77
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

You should probably acquire at least some knowledge when it comes to coding before you start with this venture.

That way, you can be at least somewhat sure that you're not getting scammed by the developers that you hire, they're not billing you for more than necessary, and worse yet, they're not installing any backdoors in order to extract funds from your business once it's up and running.

And seriously make sure that you are sufficiently capitalized and not short on funds BEFORE you start this venture.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
September 08, 2021, 09:06:10 PM
#76
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
If you have the "capital to run the business", then hire people to do it for you. Make sure they are trusted and they know what they are doing. A small mistake can be pretty expensive. You have to hire a lot of people to run the business for you. If you are planning to do it alone, I don't think you will be able to do it after a while.
And are you sure you want to start a casino? Look at the market. You will have a lot of competition. To stand out from the crowd, you will have to offer something unique that no other casino is currently offering.

This is true. It will take some time to get ROI on this industry i=right now due to tough competition but base on OP statement, He seems aware and capable to shoulder all the initial expenses for while. He can start to operate a small casino and build it's reputation overtime before he full blast the develoment and promotion.  IIRC most of the trsuted casino right now like PD, Bitsler, FJ and Cloudbet start from below and they just improve slowly. I witness all there improvement through the years as a regular player before. Building reputation is the key to success on this business.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
September 08, 2021, 07:27:43 PM
#75
Honestly, running a gambling platform is not easy. It is not only about creating the website or platform and then the effort is done.
No, the creation of the website is the beginning, only one of the steps.
What makes it difficult and you must do is finding the right person that understands many things about gambling, knows a very good marketing strategy and promotion, about the management, development strategy, and also others.
here, the most difficult thing is to gain a good reputation and trust from users, to attract people to use your new gambling site. Because you must be aware that you have many competitors in the gambling world.
that is why if you are serious to build a new gambling platform, better you find a good team that will really support you to create, develop, run, and also promote your paltform.
hero member
Activity: 1526
Merit: 596
September 08, 2021, 06:55:49 PM
#74
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
If you have the "capital to run the business", then hire people to do it for you. Make sure they are trusted and they know what they are doing. A small mistake can be pretty expensive. You have to hire a lot of people to run the business for you. If you are planning to do it alone, I don't think you will be able to do it after a while.
And are you sure you want to start a casino? Look at the market. You will have a lot of competition. To stand out from the crowd, you will have to offer something unique that no other casino is currently offering.

I wouldn't recommend "hiring people to do it for you" just because you have sufficient capital.

It makes absolutely no sense in my opinion.

You're risking the security of the business as well as potentially hiring some real incompetent people when you can probably do a better job getting the business off the ground yourself as you are actually emotionally invested.

Partnerships in casinos are terribly dangerous.
full member
Activity: 2086
Merit: 193
September 08, 2021, 06:53:17 PM
#73
OP already have a good plan in mind, he just need a good team and a proper execution. This is not easy at all, hiring someone might also be an issue so better to hire someone you know that is really good on this kind of industry. This is not just about buying computers or what, it needs a lot more than this also you need more time. Start planning now, don’t waste your capital yet and ask for some help.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
September 08, 2021, 06:31:04 PM
#72
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
If you have the "capital to run the business", then hire people to do it for you. Make sure they are trusted and they know what they are doing. A small mistake can be pretty expensive. You have to hire a lot of people to run the business for you. If you are planning to do it alone, I don't think you will be able to do it after a while.
And are you sure you want to start a casino? Look at the market. You will have a lot of competition. To stand out from the crowd, you will have to offer something unique that no other casino is currently offering.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
September 08, 2021, 06:17:49 PM
#71
Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
Setting up a gambling business would caused you huge amount of money causing you rare going to put so many things in place before evening thinking of launching your gambling company when it would online or just physical shop or Enterprise. Review is another important thing in gambling, many gamblers are scared of losing their money so they are not that interested in trying a new gambling platform especially when their is no review about the platform or ideas about those who had used the platform to place one or two bets.
full member
Activity: 1736
Merit: 116
September 08, 2021, 05:46:24 PM
#70
~
You have the capital then there should be no problem here, you can start buying the things that you may needed on putting up an online gambling and I do also suggest to hire a good team with regards to this one, because its hard to do it alone.
I guess there's a problem even OP has a fund as capital to start the business, I am thinking about how the team should be trusted too that you can trust. This is very important because you will never know they are milking to your fund and right after they will disappear. It should be can be trusted or there should be a contract and as an owner, everything they do you must study, dont rely on your staff and the developers, they will I guess having a nad inetention.
OP needs to at least learn the basic before hiring someone or teaming up with someone, even he have funds to finance this business it still difficult for him to entrust his money to anyone, unless he'll take some time to learned the basic coding just to have an idea on how the business will work.

Though everything is available online with the right amount of offers, he can hire coders and he can tie the business up with the online gaming developers.

But the fact remains, better not to start something that you don't any idea, invest with your knowledge and be prepared with all the risk that accompanying your target business.

We can't just randomly attract other people into the team, because hiring other people is not easy. We must at least have basic knowledge about
the business we are going to build, Don't let us be fooled by our own employees. Having a lot of money does not guarantee that the business
we run is successful, sometimes in the process of starting a business, there are many obstacles that arise. I would suggest that the OP is
accompanied by a mentor who understands the gambling industry,  so the steps taken when building a gambling business are more focused.
Actually, as long as we have a strong desire and don't give up easily, whatever business we want to build can become a reality and be successful.
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