If you want to create the same old gambling site without bringing anything new to the table then not sure. But there will always be room for unique and innovative ways to gamble. I don't particular like same old house edge casinos or dice site, they provide a service that sometimes is good for quick fun but in the end you'll lose. Fantasy draft leagues are hot right now (not in Bitcoin but you know, FanDuel, etc), sports betting is a good option if you create one with a twist, etc.
It's just how you market the idea and the usability, if you create something very easy and appealing to use you'll be miles ahead of the competition.
Topic: Start a Gambling Site - page 6. (Read 8485 times)
In order to start a good site you are going to need a new good idea. The problem is there are so many dice sites, and since they offer the best house edge it is tough to compete with them. You will need a unique idea with a low house edge and have to have many promotions to get people to the site.
And you need a parters for this bussness and some assistance to have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
I agree with the fact he needs little be contacts with partners like experienced people but doesn't need a capital of 4000$.Websites developing has become so much cheaper now .For 200$ anyone can develop a full fledged gambling website ,maybe they will ask 200 extra for bitcoin API but its still less than 1000$ he can spend rest of the money for the most important part SEO and traffic .
$4000 would definitely be way too much. If someone is just trying to start a PvP site where the site doesn't need a bank supply to ensure that they can pay out the winners, since it will be players playing against each other with their own bets, then all they would need is money for someone to code (if they already can't) and money to host a site (if they predict they wouldn't have the bandwidth to support incoming traffic).
And you need a parters for this bussness and some assistance to have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
I agree with the fact he needs little be contacts with partners like experienced people but doesn't need a capital of 4000$.Websites developing has become so much cheaper now .For 200$ anyone can develop a full fledged gambling website ,maybe they will ask 200 extra for bitcoin API but its still less than 1000$ he can spend rest of the money for the most important part SEO and traffic .
And you need a parters for this bussness and some assistance to have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
I agree with the fact he needs little be contacts with partners like experienced people but doesn't need a capital of 4000$.Websites developing has become so much cheaper now .For 200$ anyone can develop a full fledged gambling website ,maybe they will ask 200 extra for bitcoin API but its still less than 1000$ he can spend rest of the money for the most important part SEO and traffic .
Many gambling sites are popular among the gamblers. Most of the gambling sites are popular mainly because of the popular games on that sites. Sports betting sites are also very popular as many people follow sports and they think that they can predict the result of the match so they focus on sports betting. I believe that sports betting site will be more successful.
People still go crazy on Bitcoin dice but there's a steady stream of new Casinos that popup weekly. I think the market is still open to new ideas but those seem hard to come by these days.
you don't need to know anything about coding. you just need to have a "good" "new" "idea" then you can hire somebody who does the coding for you.
the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.
the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.
You'll still need money to start it and even more if you need to hire people to built the site for you. This is a serious investment.
I don't think you need money or you need to hire people as such .You need initial investment which is TIME !To start a gambling site you need a creative idea ,not saturated stuff.people will come to your site if they see fair games and profit .Start off with some free website building tools and they are totally free! Once done you could learn basic coding to design flash based games.So many freelancers do it for very cheap prices and I wont count that as a big installment .
And you need a parters for this bussness and some assistance to have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .
you don't need to know anything about coding. you just need to have a "good" "new" "idea" then you can hire somebody who does the coding for you.
the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.
the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.
You'll still need money to start it and even more if you need to hire people to built the site for you. This is a serious investment.
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?
What do you think is the most profitable gambling site to create?
Its not too late.. you can still start it/. but the main thing is you must have creative mind and must provide something extra in your site which others are providing,.. why would somebody leave their fav site and come to yours? there must be a reason.. and you must find that
It looks like this has been stated multiple times by people on this thread.. I think the main question that's being asked, mainly by Harpua, is that how would one act on that idea, with no coding capabilities.
Personally I'd think going to a legit online gambling site maker and asking them if they would want to go in on your idea would be the best bet imo.. I wouldn't try sneaking around laws.
you don't need to know anything about coding. you just need to have a "good" "new" "idea" then you can hire somebody who does the coding for you.
the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.
Really 300+ BTC as a minimum for opening a casino? I see so many popping up (at least dice), do they all have that much?
Of course not. Some are built as Moneypot apps and the owners don't need any bankroll for the site to work. Some are built as a standalone site but is only accepting small bets, while some take bankroll investment and thus the owners only need to contribute a relatively small amount themselves.
What kind of bankroll would you need to open a dice website?
It depends on how much risk you want to take, and how large you want the max bet or max profit limit to be. By Kelly formula, the max profit should be bankroll * house edge %. So if you want your max profit to be 1 btc with a house edge of 1%, you would need a 100 btc bankroll.
i would advice a minimum of 300 + bitcoins bankroll for any gambling casino.
Really 300+ BTC as a minimum for opening a casino? I see so many popping up (at least dice), do they all have that much?
What kind of bankroll would you need to open a dice website?
It depends on how much risk you want to take, and how large you want the max bet or max profit limit to be. By Kelly formula, the max profit should be bankroll * house edge %. So if you want your max profit to be 1 btc with a house edge of 1%, you would need a 100 btc bankroll.
i would advice a minimum of 300 + bitcoins bankroll for any gambling casino.
What kind of bankroll would you need to open a dice website?
It depends on how much risk you want to take, and how large you want the max bet or max profit limit to be. By Kelly formula, the max profit should be bankroll * house edge %. So if you want your max profit to be 1 btc with a house edge of 1%, you would need a 100 btc bankroll.
What kind of bankroll would you need to open a dice website?
if you have any good idea or something really different from poker and all that stuff then it could be profitable in the long run ...
but definitely not a dice site again...
but definitely not a dice site again...
i believe it might be really profitable to create a new gambling website as people will always want to gamble on an interesting website
No matter what happen gambling bussness is the most profitable than other bussness... but you need parters if you make your own gambling site because you do not support it with your self only.,...
some gambling site has 24/7 support active.. so think before you make gambling site....
some gambling site has 24/7 support active.. so think before you make gambling site....
You can always start your dice site with low bets according to your bankroll.
he just stated its not a dice site, but another gambling site thats towards pvp gambling.
i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.
PvP gambling is one of the hardest gambling sites to profit from though, that's why unfortunately you don't see many of them around. If you plan to run a PvP site, you will need very good marketing to get many players to play at your site.
Actually this PvP games is nice to play although they can't get big profit but people are interested in this kind of game because you can do it with other players, so its like playing poker but in different version. But it needs a lot of players to play if not this game will not work
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