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Topic: Should I start gambling site? (Read 8224 times)

full member
Activity: 322
Merit: 102
xdice.io
November 16, 2017, 07:47:40 AM
I think it's better to lock this thread. If still anyone interested to buy my script then he or she can PM me.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
November 14, 2017, 08:04:43 AM
Making gambling sites is very expensive, maybe you just need to encourage or invite some investors for you project you choose to build. It is a good business especially if your sites will become famous to different part of the world.
More people in the world are gambler and greedy to earn a lot of income, also gambling sites is one of the most profitable sites in the whole world.
Yup, it is not an easy task at all to start your own gambling site and make it functional through a period of few months and years.

Actually one requires a huge amount of capital at the beginning to make the script running and even if he has to buy it the prices are quite high and not easily affordable along with all this, you need a complete setup of the workers that could make the site functional throughout the day and provides safety to the users. I don’t want to start this business therefore I am not gonna contact you for the buying of script.
hero member
Activity: 700
Merit: 500
November 14, 2017, 02:37:44 AM
I guess it's not bad too think out on the future because that's how you become successful in my opinion. Focusing on gambling sites would be for sure profitable as long as there are players playing and depositing there. If you managed to invite a lot of people with that then it would be time to invest in security and we all know there are a lot of hackers trying to get into sites or something

Making your own gambling site is a good one, but you have to know the risks that you are going to face, for example is that it would be hard for you in the first to compete with other popular gambling sites out there, so, in order to compete or to be popular in instant, you have to think a game which is unique for others people to play it more than the other's gambling site game like DICE, and poker which is the common games in the gambling sites.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
November 13, 2017, 06:24:34 PM
Starting a gambling site would be good for business as competition tends to raise the standards and some reputable gambling sites have closed down leaving this room for new entrants to fill up... but this will be a tough journey for you, all the best hope you have some experience with gambling as a player.
But with the current demand of gambling sites, I don't think it would be an easy competition for a person that wants to start his business with a very little amount of capital. Sorry but I don't think you can survive with the entire life span of your business for having that starting amount.


I think it will better if he starts by looking for one that he can partner because it could also be worth it looking at his initial capital. He doesn't necessarily have to own a gambling site to be successful but by owning a part of a successful gambling website is good in every sense because you are not going to start from scratch.

There are start ups that are working with one man army. With partner or without as long as he know what he's doing he can make it. We seen how much his initial capital and that's not enough for making such project for a gambling website that you want to try out. I don't think that it's not really going to work out if you have small capital.
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
November 13, 2017, 10:22:18 AM
Yes but you need to understand what is the real meaning of the gambling in life.In taking a risky things you need to prepare your mind and body because you can be poor in gambling by just a second.Play for fun only not for profit and challenge all players luck in some gambling site here like poker
full member
Activity: 406
Merit: 156
November 13, 2017, 09:51:40 AM
If you are up to launching a gambling website that includes sports sections you will need to get live score website providers as partners to use their database and live traffic that is authentic and reliable to know the outcome of each game and to know which bets are won or lost in your website . You need also people to constantly make analysis about which games should be included and open for bets to users because you can't let a "manipulated game " open for bets otherwise you could loose huge amounts of money due to that cheating .
legendary
Activity: 1442
Merit: 1008
November 13, 2017, 04:46:33 AM
Seriously OP, you budget is way way way way way below the minimum requirement. If you are a coder though, then you can create your own unique gambling site like what bustadice did. They had an original concept and didn't need to have their own investment into the bankroll. However, if you just want to make a dice site of your own, I don't think your budget could even buy a decent working and secure dice script.
A lot of money is required indeed to create a gambling site of your own. But once it has been created and it is actually functional then obviously it would earn you back more than the price of your early investments. As far as your present is concerned, it is a way too low budget for buying some usable script for creating a site. But if you know coding well then go on with the idea and hope it would prove effective.
besides all of the financial matters you need to have a promotion plan how to make your casino attracted a lot of poeple and how to keep it up not just temporarily , actually there is a lot of new casino popping up and they have a good impression at first , but guess how long they could survive? not long enough to get decent profit , it wasn't easy really .
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
November 13, 2017, 04:46:09 AM
I guess it's not bad too think out on the future because that's how you become successful in my opinion. Focusing on gambling sites would be for sure profitable as long as there are players playing and depositing there. If you managed to invite a lot of people with that then it would be time to invest in security and we all know there are a lot of hackers trying to get into sites or something
legendary
Activity: 1316
Merit: 1011
November 13, 2017, 04:18:33 AM
If you have good bankroll then you can start gambling site.
That is right along with experience and skill of running a gambling site. It is also too much important to have good amount of money. Because there are always chances that one may make money from your gambling sites, which you have to play if you want people to continue trust on you and your gambling site.

You are guaranteed profit so long as you become the house because the house always have the edge but if you have no experience about setting this up then i will suggest you hire an expert to do it  for you or you partner an expert because it involves money and with a little recklessness move you loose big time.

You will make a profit only when you can have a big bankroll which even big whales can't eat up your bankroll otherwise you may lose all your bankroll if anyone wins huge amount at the beginning. So nothing is guaranty but yes, they can make a good profit if they can manage all these things properly with good support team members.
sr. member
Activity: 686
Merit: 253
November 13, 2017, 04:04:20 AM
If you have good bankroll then you can start gambling site.
That is right along with experience and skill of running a gambling site. It is also too much important to have good amount of money. Because there are always chances that one may make money from your gambling sites, which you have to play if you want people to continue trust on you and your gambling site.

You are guaranteed profit so long as you become the house because the house always have the edge but if you have no experience about setting this up then i will suggest you hire an expert to do it  for you or you partner an expert because it involves money and with a little recklessness move you loose big time.
sr. member
Activity: 555
Merit: 252
November 13, 2017, 03:41:16 AM
If you have good bankroll then you can start gambling site.
That is right along with experience and skill of running a gambling site. It is also too much important to have good amount of money. Because there are always chances that one may make money from your gambling sites, which you have to play if you want people to continue trust on you and your gambling site.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
November 13, 2017, 03:35:01 AM
I have budget of 300 to 500$ for this project
Is my budget is enough to start own gambling site , exclude advertising.
How much time I need to spent on this?
Which features should I add in my gambling site? ( Games or etc.)
Anything Else or any suggestion.
PLEASE DONT COME IF YOU WANT TO LAUGH ON ME


( I don't have any knowledge but I want to invest my money somewhere which give me good profit or only profit)

Are you going to do the UI/UX and coding yourself?  You will need more than 500$ reserve to pay out your players when they hit.  As far as time spent on this, if you are talking about time until a MVP, i would say 4-6 months.  But realistically for a legit gambling site you would need at least 25K to pull this off with 10K in reserve and you doing a big portion of the work yourself.
Legit gambling site hmmm sounds interesting to me.
Almost all the gambling platform i use i always loose the bet.
I donot know but i feel there is a bot that always play against me and never let users to win.
It require a lot of experience, I think it can only be possible if a person have already good experience in casino. Who have already run a casino.  But still he must have good knowledge about computer, internet and even about online business etc. then can get some desire result from the gambling site that he want to start.

Exactly, knowledge and experience is must need to make own gambling site, and also big capital. I just read his thread then i guess he only has desire to make own gambling site, even i think he has no experience of running the casino, also he has no enough capital. That's why i never suggest him to make own gambling site, it is better for him to invest his money in any casino site and earn profit.
legendary
Activity: 1540
Merit: 1003
November 13, 2017, 03:15:12 AM
Seriously OP, you budget is way way way way way below the minimum requirement. If you are a coder though, then you can create your own unique gambling site like what bustadice did. They had an original concept and didn't need to have their own investment into the bankroll. However, if you just want to make a dice site of your own, I don't think your budget could even buy a decent working and secure dice script.
A lot of money is required indeed to create a gambling site of your own. But once it has been created and it is actually functional then obviously it would earn you back more than the price of your early investments. As far as your present is concerned, it is a way too low budget for buying some usable script for creating a site. But if you know coding well then go on with the idea and hope it would prove effective.
hero member
Activity: 1204
Merit: 505
November 13, 2017, 02:21:39 AM
I have budget of 300 to 500$ for this project
Is my budget is enough to start own gambling site , exclude advertising.
How much time I need to spent on this?
Which features should I add in my gambling site? ( Games or etc.)
Anything Else or any suggestion.
PLEASE DONT COME IF YOU WANT TO LAUGH ON ME


( I don't have any knowledge but I want to invest my money somewhere which give me good profit or only profit)

Are you going to do the UI/UX and coding yourself?  You will need more than 500$ reserve to pay out your players when they hit.  As far as time spent on this, if you are talking about time until a MVP, i would say 4-6 months.  But realistically for a legit gambling site you would need at least 25K to pull this off with 10K in reserve and you doing a big portion of the work yourself.
Legit gambling site hmmm sounds interesting to me.
Almost all the gambling platform i use i always loose the bet.
I donot know but i feel there is a bot that always play against me and never let users to win.
It require a lot of experience, I think it can only be possible if a person have already good experience in casino. Who have already run a casino.  But still he must have good knowledge about computer, internet and even about online business etc. then can get some desire result from the gambling site that he want to start.
sr. member
Activity: 756
Merit: 253
November 12, 2017, 10:47:02 PM
Starting a gambling site would be good for business as competition tends to raise the standards and some reputable gambling sites have closed down leaving this room for new entrants to fill up... but this will be a tough journey for you, all the best hope you have some experience with gambling as a player.
But with the current demand of gambling sites, I don't think it would be an easy competition for a person that wants to start his business with a very little amount of capital. Sorry but I don't think you can survive with the entire life span of your business for having that starting amount.


I think it will better if he starts by looking for one that he can partner because it could also be worth it looking at his initial capital. He doesn't necessarily have to own a gambling site to be successful but by owning a part of a successful gambling website is good in every sense because you are not going to start from scratch.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
November 12, 2017, 05:34:51 PM
Starting a gambling site would be good for business as competition tends to raise the standards and some reputable gambling sites have closed down leaving this room for new entrants to fill up... but this will be a tough journey for you, all the best hope you have some experience with gambling as a player.
But with the current demand of gambling sites, I don't think it would be an easy competition for a person that wants to start his business with a very little amount of capital. Sorry but I don't think you can survive with the entire life span of your business for having that starting amount.
legendary
Activity: 1372
Merit: 1027
Dump it!!!
November 12, 2017, 05:25:31 PM
Starting a gambling site would be good for business as competition tends to raise the standards and some reputable gambling sites have closed down leaving this room for new entrants to fill up... but this will be a tough journey for you, all the best hope you have some experience with gambling as a player.
full member
Activity: 168
Merit: 100
November 12, 2017, 04:24:08 PM
It's not that easy to start a normal website , a gambling website is 10 times harder . Apart from developing and choosing what architecture you'll choose , you need a high level of security and firewalls , secured payment methods so users won't get their infos stolen . You need databases to collect your data and lots of staff to assist clients with their demands and problems . You also need to own or develop the codes that track games around the world and their results and secyre your casino games to prevent people from using 3rd party tools to cheat , you need design engineers too. If you got all of this then go on.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
November 12, 2017, 03:10:28 PM
We already dropped our idea for starting own gambling site . infact we are not selling our script. At affordable rate if you are interested then on me.
It is a good decision to drop the project with such a low amount of initial capital as the gambling site needs a bigger capital to pay off your users and never expect any profit in the initial period,you could set up a site and start selling your script and make sure you give a demo. 

It won't be worth it if you'll just start a gambling site with that initial capital. You have to attract people with your big fund so that they are secured as if they are all thinking that they can hit the jackpot and will make your business bankrupt. I don't recommend that thing to someone that wants to start a gambling business but with other business for that budget, it would be fine.
full member
Activity: 462
Merit: 100
November 12, 2017, 02:56:10 PM
I have budget of 300 to 500$ for this project
Is my budget is enough to start own gambling site , exclude advertising.
How much time I need to spent on this?
Which features should I add in my gambling site? ( Games or etc.)
Anything Else or any suggestion.
PLEASE DONT COME IF YOU WANT TO LAUGH ON ME


( I don't have any knowledge but I want to invest my money somewhere which give me good profit or only profit)

I think that kind of money is too small to start a gambling site, because you need to advertise your site and make sure that you have a little stash to pay those who will play on your site. You even need someone to create your website, which I think would be a little expensive.
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