Starting Bitcoin based Casino - page 3.

praprata

sr. member

Activity: 420

Merit: 250

Quote from: Golftech on July 26, 2016, 02:11:11 PM

Quote from: Hhampuz on July 26, 2016, 01:46:18 PM

Quote from: minime0105 on July 26, 2016, 01:37:39 PM

Goodluck to you mate, but i must tell you that it is no easy task, several important things to have in mind is bankroll and time to established it, and one most important thing is that "how can you defeat the other trusted sites which is already exisiting?". Thats the biggest question, you have to face.
-cheers-

Yeah I do realize the challenges I'll face. That's why I'll make sure not to rush it and care for it as it were my baby.
Thanks!

yes mate be extra careful the bankroll should be high before you can actually profit from it, i know if you make it successfully you will earn more profit
so make sure to observed first on how this business work before engaging yourself into it. good luck.

Bankroll is a key element in a casino, but let me tell you 1 even more element.
That's security, after your casino is ready, and you got funds make sure to make a security audit, if you work years for a good name and you got hacked, it's all gone and also game over for you.

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: Golftech on July 26, 2016, 02:11:11 PM

Quote from: Hhampuz on July 26, 2016, 01:46:18 PM

Quote from: minime0105 on July 26, 2016, 01:37:39 PM

Goodluck to you mate, but i must tell you that it is no easy task, several important things to have in mind is bankroll and time to established it, and one most important thing is that "how can you defeat the other trusted sites which is already exisiting?". Thats the biggest question, you have to face.
-cheers-

Yeah I do realize the challenges I'll face. That's why I'll make sure not to rush it and care for it as it were my baby.
Thanks!

yes mate be extra careful the bankroll should be high before you can actually profit from it, i know if you make it successfully you will earn more profit
so make sure to observed first on how this business work before engaging yourself into it. good luck.

Yeah, bankroll Will be key.
Thanks, appreciate it!

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: Hhampuz on July 26, 2016, 01:46:18 PM

Quote from: minime0105 on July 26, 2016, 01:37:39 PM

Goodluck to you mate, but i must tell you that it is no easy task, several important things to have in mind is bankroll and time to established it, and one most important thing is that "how can you defeat the other trusted sites which is already exisiting?". Thats the biggest question, you have to face.
-cheers-

Yeah I do realize the challenges I'll face. That's why I'll make sure not to rush it and care for it as it were my baby.
Thanks!

yes mate be extra careful the bankroll should be high before you can actually profit from it, i know if you make it successfully you will earn more profit
so make sure to observed first on how this business work before engaging yourself into it. good luck.

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: minime0105 on July 26, 2016, 01:37:39 PM

Goodluck to you mate, but i must tell you that it is no easy task, several important things to have in mind is bankroll and time to established it, and one most important thing is that "how can you defeat the other trusted sites which is already exisiting?". Thats the biggest question, you have to face.
-cheers-

Yeah I do realize the challenges I'll face. That's why I'll make sure not to rush it and care for it as it were my baby.
Thanks!

minime0105

hero member

Activity: 1246

Merit: 534

Goodluck to you mate, but i must tell you that it is no easy task, several important things to have in mind is bankroll and time to established it, and one most important thing is that "how can you defeat the other trusted sites which is already exisiting?". Thats the biggest question, you have to face.
-cheers-

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: hua_hui on July 26, 2016, 12:20:47 PM

Quote from: Hhampuz on July 26, 2016, 11:22:41 AM

I'm not going to make a dice game. I'm making a casino, that mainly means slot machines, board games (roulette, blackjack) and in the future sports bets. It Will function as a normal casino, but at the same time having its own unique ideas. Main goal to attract money in to bitcoin and further increase its usage.

Design and security Will be the leading words.

And promotion part will be high up on the list, including members here to participate in gaining awareness.

I have a plan, just need to get in contact with the right people and execute it to perfection (I'm a perfectionist).

For these table games, do you plan to have a live version as well? Personally, i would prefer to play for live version as it is more exciting and feel more real for me. I have a greater sense of satisfaction of playing the games.

It is definetely something i'd be interested in pursuing, but most likely post launch. As when it comes to live casino that's a whole new level of logistics to take in mind.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: Hhampuz on July 26, 2016, 11:22:41 AM

I'm not going to make a dice game. I'm making a casino, that mainly means slot machines, board games (roulette, blackjack) and in the future sports bets. It Will function as a normal casino, but at the same time having its own unique ideas. Main goal to attract money in to bitcoin and further increase its usage.

Design and security Will be the leading words.

And promotion part will be high up on the list, including members here to participate in gaining awareness.

I have a plan, just need to get in contact with the right people and execute it to perfection (I'm a perfectionist).

For these table games, do you plan to have a live version as well? Personally, i would prefer to play for live version as it is more exciting and feel more real for me. I have a greater sense of satisfaction of playing the games.

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: maku on July 26, 2016, 11:29:23 AM

And you will better check everything either in closed beta, or in test net environment with virtual tokens. Exactly to avoid problems like this:
https://bitcointalksearch.org/topic/m.15694418 where some players reported that basically new casino is running +EV mode under certain conditions.

Yeah, will definetely run bug bounty programs aswell as thorough beta testing, to ensure we won't face any foreseeable mishaps. One mistake and we could be done for thanks to bad rep, I know that.

Appreciate the info

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: LFC_Bitcoin on July 26, 2016, 11:24:43 AM

Good luck with everything. I wish I would have started a bitcoin sportsbook myself but I only got into bitcoin in 2014. It costs a hell of a lot to run a sportsbook or casino, if you do it properly any way.

One big win can clear you out, you need a lot of money to start off with. I think only early adopters run them & stick around.

Good luck though.

Thanks, I hear you. I got invested in bitcoins mid 2013, have some experience, but I do know whats lacking and what I need to succeed

maku

legendary

Activity: 1288

Merit: 1000

And you will better check everything either in closed beta, or in test net environment with virtual tokens. Exactly to avoid problems like this:
https://bitcointalksearch.org/topic/m.15694418 where some players reported that basically new casino is running +EV mode under certain conditions.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Good luck with everything. I wish I would have started a bitcoin sportsbook myself but I only got into bitcoin in 2014. It costs a hell of a lot to run a sportsbook or casino, if you do it properly any way.

One big win can clear you out, you need a lot of money to start off with. I think only early adopters run them & stick around.

Good luck though.

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

I'm not going to make a dice game. I'm making a casino, that mainly means slot machines, board games (roulette, blackjack) and in the future sports bets. It Will function as a normal casino, but at the same time having its own unique ideas. Main goal to attract money in to bitcoin and further increase its usage.

Design and security Will be the leading words.

And promotion part will be high up on the list, including members here to participate in gaining awareness.

I have a plan, just need to get in contact with the right people and execute it to perfection (I'm a perfectionist).

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: marlboroza on July 26, 2016, 10:50:43 AM

What is your bankroll? If you don't have more than 100K$ maybe it will be good idea to allow people to invest in your casino. High bankroll is very important for casino.

Right now im alone, looking for people to partner up with, aswell as possible investors, I'm not rushing in to anything here, just gathering all necessary info revolving it, and yeah, high rollers are something we'll want to attract

.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: socks435 on July 26, 2016, 10:56:53 AM

Quote from: marlboroza on July 26, 2016, 10:50:43 AM

What is your bankroll? If you don't have more than 100K$ maybe it will be good idea to allow people to invest in your casino. High bankroll is very important for casino.

Well i think its very hard to find investors to your site if you are just making a dice game.. because its a common game in online.. better to think unique game and explain how it works how to promote it.. so that they know what will happen to your sites.

There is too many dice games out there already. So you need to have a unique selling point to get people to come to your site. In this way, not just the gamblers will come, even the investors will see some potential in this sites and are more willing to invest in it.

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

Quote from: marlboroza on July 26, 2016, 10:50:43 AM

What is your bankroll? If you don't have more than 100K$ maybe it will be good idea to allow people to invest in your casino. High bankroll is very important for casino.

Well i think its very hard to find investors to your site if you are just making a dice game.. because its a common game in online.. better to think unique game and explain how it works how to promote it.. so that they know what will happen to your sites.

hua_hui

legendary

Activity: 1386

Merit: 1016

Although i am not an experience gambler, i feel that welcome bonus etc. that you have mention does not attract me to want go play at your site. You need to find ways to attract new comers. One recent upcoming dice site LIR they have a beta round of tournament and it is fun. That leads to more people aware of their existence. That move i think is a right step for the future.

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: Sarthak on July 26, 2016, 10:43:46 AM

If you're looking for a coder, better create a new post on the Service section of the forum. Running a casino is a sensitive business so hire a trustworthy coder and have your code reviewed by people you trust.
I'd advice you also keep a security bug bounty program for security researchers. Prevention is better than cure.

And for the investment part, you can just put an investment option available in the website(just like Justdice or bitdice) and include about the Investment in the Announcement thread of your website. Good luck

Edit: Further promotions might me necessary for investment part though

Thanks for the tip, and yeah the bug bounty part is a good Idea that I Will implement.

For the investment part, yeah I've seen those sites and would probably do something similar. I Will properly market it when I have something to show for it

marlboroza

legendary

Activity: 1932

Merit: 2272

What is your bankroll? If you don't have more than 100K$ maybe it will be good idea to allow people to invest in your casino. High bankroll is very important for casino.

Sarthak

hero member

Activity: 518

Merit: 501

Error 404: there seems to be nothing here.

If you're looking for a coder, better create a new post on the Service section of the forum. Running a casino is a sensitive business so hire a trustworthy coder and have your code reviewed by people you trust.
I'd advice you also keep a security bug bounty program for security researchers. Prevention is better than cure.

And for the investment part, you can just put an investment option available in the website(just like Justdice or bitdice) and include about the Investment in the Announcement thread of your website. Good luck

Edit: Further promotions might me necessary for investment part though

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: Sidas_Crew669 on July 26, 2016, 10:26:03 AM

Quote from: Hhampuz on July 26, 2016, 10:19:56 AM

Quote from: praprata on July 26, 2016, 10:18:26 AM

Quote from: vetpet on July 26, 2016, 09:41:06 AM

Wouldn't you need a license to run a casino of any sort even if it is an online one Huh

Where would it be located(server or from your own home)?
This is important because certain jurisdictions don't allow gambling in their state or towns.

I doubt this online casino's here have a license. The license part will be mandatory when you operate in a certain jurisdiction and at this time most of the bitcoin casino's
online work with bitcoin (no paypal, creditcard etc.).

Yeah exactly like this

Not all countries do so, I see that gambling online is easy at manipulation by someone who just wanted to shy away from the policy of the country. License only as recognition and did not have the impact that good enough for gamblers who suffered defeat in the gambling

Yeah, I guess you just have to build up trust and be transparent with the users to avoid such instances to occur. However we do need to keep it as anonymous as it should be to protect the users.

Topic: Starting Bitcoin based Casino - page 3. (Read 2570 times)