Start a Gambling Site - page 4. | Bitcointalksearch.org

Small

sr. member

Activity: 266

Merit: 250

Grow SMALL amount of BTC by earning it

Quote from: Oscilson on October 23, 2015, 05:38:45 AM

Quote from: Small on October 22, 2015, 09:52:17 AM

Gambling site is hard to manage, you need a offshore server or risk getting your bitcoin confiscated for owning an unlicensed gambling site. I personally would not trust anyone to code the website for me so you would need some coding skills and need to manage the support. I would prefer investing in an existing one.

Then you have to trust the operators of the existing casino. You have to know the casino from inside out. That is still a big task.

True, reputation does take time to build. Always invest in casinos with trusted owners (e.g. just-dice) and have a public cold storage address for transparency. It is much better than losing your/investor's money to hackers or vulnerabilities.

ingiltere

legendary

Activity: 2982

Merit: 1485

Quote from: mindrust on October 23, 2015, 05:59:43 AM

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

Not if nobody knows you are the owner. That's why we have anonymous casino sites, anonymity is both needed for customers and owners.

mindrust

legendary

Activity: 3276

Merit: 2442

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

Light

hero member

Activity: 742

Merit: 502

Circa 2010

Quote from: enhu on October 22, 2015, 09:14:17 AM

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what i don't have. How much exactly do we need to start with just a simple poker site?

For a poker site, server costs might be $50-100 a month (as you'd want something in an offshore location and with a decent reputation - not the shady one man operations), running a signature campaign could go anywhere from 1-5 BTC per month (depending on how stingy and how big a campaign you'd want). Coding costs would be a one off so I wouldn't include it. If we go with the cheapest options, you'd probably spend in the vicinity of $250-300 a month, which you might not make with a poker site (poker isn't that big to be honest). Might be better off without a sig campaign and run poker/sports betting if you have no capital. IMO dice is still a good option if you have the capital to support whales and you know how to secure your coins.

Oscilson

sr. member

Activity: 434

Merit: 250

Quote from: Small on October 22, 2015, 09:52:17 AM

Gambling site is hard to manage, you need a offshore server or risk getting your bitcoin confiscated for owning an unlicensed gambling site. I personally would not trust anyone to code the website for me so you would need some coding skills and need to manage the support. I would prefer investing in an existing one.

Then you have to trust the operators of the existing casino. You have to know the casino from inside out. That is still a big task.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: nickenburg on October 22, 2015, 12:21:35 PM

I want to start a gambling site I think it is a unique idea and no other website is using this concept on bitcoins.
But I know they use it for something else and it is really succesfull.
And I already have those website files, so I will only have to change it so that it accepts bitcoins and maybe some other altcoins.

Is there someone with enough coding knowledge to help me with that?
And what would I need to do for it to succeed?

I may be able to help! I have a vast knowledge of python and so could possibly extract data blocks from there with analysis saved to textfiles. I have knowledge of html, javascript and some slight java too. I an not too confident in these languages and so would take a less cut. PM me if acceptable!
I can read/write/append to files in python and so thismay b euseful forrunning in the background of a webserver to send the variables to a spreadsheet(csv) files that can then be read by the webstie.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: jmasterson on April 24, 2015, 05:49:10 AM

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

Use traditional ideas and original ideas. Offer competition different to the big gambling companies. This powt may nt be helping my payment campaign for my signature.
Offer people a reason to switch to you

New Ideas
Othe Currencies accepted, not just bitcoin or USD/GBP. Allow DOGE, LTC etc...

nickenburg

sr. member

Activity: 434

Merit: 511

I want to start a gambling site I think it is a unique idea and no other website is using this concept on bitcoins.
But I know they use it for something else and it is really succesfull.
And I already have those website files, so I will only have to change it so that it accepts bitcoins and maybe some other altcoins.

Is there someone with enough coding knowledge to help me with that?
And what would I need to do for it to succeed?

Small

sr. member

Activity: 266

Merit: 250

Grow SMALL amount of BTC by earning it

Gambling site is hard to manage, you need a offshore server or risk getting your bitcoin confiscated for owning an unlicensed gambling site. I personally would not trust anyone to code the website for me so you would need some coding skills and need to manage the support. I would prefer investing in an existing one.

enhu

legendary

Activity: 2492

Merit: 1018

Quote from: leex1528 on October 22, 2015, 09:28:19 AM

Quote from: enhu on October 22, 2015, 09:14:17 AM

Quote from: leex1528 on October 22, 2015, 08:55:42 AM

Quote from: enhu on October 22, 2015, 08:52:42 AM

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it. You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll. You need something, a reason for people to come there instead of the tons of other sites.

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what i don't have. How much exactly do we need to start with just a simple poker site?

To be 100% honest I don't know the perfect number of what the actual bankroll should be. I am guessing to be 100% safe just starting a poker site you would want around 100BTC. Use roughly 10BTC to have promotions,giveaways etc. 90BTC just in case. With poker you don't need as much as a dice site because you aren't paying out with your money, you are mostly making a profit with people playing there and taking a small % of tournament fees or table games.

Nay I don't have that amount and I don't consider joint venture if it involves that much of investment.
Making people to play on the site actually is harder than I thought especially if the site don't have much fancy features compare to the established ones. how much % does the admin for tournament and game fees?

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: enhu on October 22, 2015, 09:14:17 AM

Quote from: leex1528 on October 22, 2015, 08:55:42 AM

Quote from: enhu on October 22, 2015, 08:52:42 AM

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it. You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll. You need something, a reason for people to come there instead of the tons of other sites.

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what i don't have. How much exactly do we need to start with just a simple poker site?

To be 100% honest I don't know the perfect number of what the actual bankroll should be. I am guessing to be 100% safe just starting a poker site you would want around 100BTC. Use roughly 10BTC to have promotions,giveaways etc. 90BTC just in case. With poker you don't need as much as a dice site because you aren't paying out with your money, you are mostly making a profit with people playing there and taking a small % of tournament fees or table games.

enhu

legendary

Activity: 2492

Merit: 1018

Quote from: leex1528 on October 22, 2015, 08:55:42 AM

Quote from: enhu on October 22, 2015, 08:52:42 AM

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it. You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll. You need something, a reason for people to come there instead of the tons of other sites.

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what i don't have. How much exactly do we need to start with just a simple poker site?

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: enhu on October 22, 2015, 08:52:42 AM

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it. You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll. You need something, a reason for people to come there instead of the tons of other sites.

enhu

legendary

Activity: 2492

Merit: 1018

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Inkvor

hero member

Activity: 553

Merit: 500

Quote from: Kevin77 on October 20, 2015, 01:21:54 PM

But to sustain with continuous success, we must need new creative games.

Quote from: ikydesu on October 20, 2015, 01:58:23 PM

new features is the one of important thing which can sustain continues success.

what new features are added to Primedice or Just-dice ? none.
the most important thing is assurance and secondly quality service, Proof of real funds.
Gamblers should have a guarantee that they are going to get paid if they win.

adaseb

legendary

Activity: 3738

Merit: 1708

CoinPoker.com

Quote from: WhatTheGox on October 21, 2015, 04:41:05 PM

Quote from: cazkooo on October 20, 2015, 01:57:49 AM

Quote from: Harpua on October 20, 2015, 01:29:38 AM

Hmm.. So basically if I wanted to try and let someone here me out, and only had around, say, 1.5 btc to start out with.. I'd be wasting my time, right?

It means if you want to start a gambling site then you will need huge budget to make it work or you will be wasting your time. Everyone think making gambling site means to get rich instantly but it is not because you need to spend budget and also your time , without that your gambling site will not work

You probably need to offer more than just money and time. You also likely need to either be very interested in gambling sector or have great experience to gain the needed edge. Money and time sets the foundations for sure.

Yes exactly because if you open a website and there are technical issues. People will just withdraw or call your site a scam and you will have a hard time going from there.

WhatTheGox

legendary

Activity: 812

Merit: 1000

Quote from: cazkooo on October 20, 2015, 01:57:49 AM

Quote from: Harpua on October 20, 2015, 01:29:38 AM

Hmm.. So basically if I wanted to try and let someone here me out, and only had around, say, 1.5 btc to start out with.. I'd be wasting my time, right?

It means if you want to start a gambling site then you will need huge budget to make it work or you will be wasting your time. Everyone think making gambling site means to get rich instantly but it is not because you need to spend budget and also your time , without that your gambling site will not work

You probably need to offer more than just money and time. You also likely need to either be very interested in gambling sector or have great experience to gain the needed edge. Money and time sets the foundations for sure.

Oscilson

sr. member

Activity: 434

Merit: 250

Quote from: twister on October 16, 2015, 08:57:01 AM

Quote from: jmasterson on April 24, 2015, 05:49:10 AM

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

With Bitcoin I think it's the most profitable business there is but you have to think different and don't follow the crowd and have some features different on your website to attract players and it's still a great market to do that. I actually have an idea but I know if I tell anyone, they're gonna cut me off and make one for their own. There is no copyright with ideas.

Gambling is the most profitable legal business using bitcoin since Silkroad was burst by FBI. Hoever, you have to get some innovative ideas to separate your site from others.

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: cazkooo on October 20, 2015, 02:32:08 PM

Quote from: ikydesu on October 20, 2015, 01:58:23 PM

new features is the one of important thing which can sustain continues success.

Even with new feature you will not get any new player because many people dont care about that. All people care is they win, if they win they come back and if they lose they said the site cheating them. You can add ten new feature but I dont think it will attract new player, it will only bring players in because they are curious but soon they will leave again

This just isn't true. People who lose and blame the site are usually idiots. People who lose at many sites come back with more money and try to earn there losses back. Usually that ends up bad for them as well.

Community and trust brings in new users to casinos. That is it.

cazkooo

legendary

Activity: 1540

Merit: 1013

Quote from: ikydesu on October 20, 2015, 01:58:23 PM

new features is the one of important thing which can sustain continues success.

Even with new feature you will not get any new player because many people dont care about that. All people care is they win, if they win they come back and if they lose they said the site cheating them. You can add ten new feature but I dont think it will attract new player, it will only bring players in because they are curious but soon they will leave again

Topic: Start a Gambling Site - page 4. (Read 8433 times)