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Topic: What if you have a casino? - page 2. (Read 900 times)

hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
June 27, 2024, 08:58:35 AM
I wants to make money from my casino. That is what other casino owners wants so that is normal if we wants to achieve that.
We will use many ways to make sure that we can makes money from our casino and will promotes our casino to have many gamblers visits our casino. Although that will not easy in the beginning because our casino must competes with the existing casinos.
But with good promotion and services to our customer, I will makes money from the lose gamblers. That will be a matter of time for me to makes a lot of money from my casino.
legendary
Activity: 2758
Merit: 1228
June 27, 2024, 04:18:36 AM
If I am the casino owner for sure that I will not think about the profit I can get in early days of launching my casino. For sure all of the profits generated will surely goes to giveaways and promotions also including marketing on multiple big sites since this contribute for a huge success of the casino.

The problem with other casino fall down is they don't manage well to make their marketing side run so smooth since maybe they always count their profits and don't want to lose any amount since they are aiming for short term goal only.

I believe the key for success on operating a casino is to have proper fundings,active support,promotions&marketing and also have ears to listen to their community about following what they like to implement or happen.
hero member
Activity: 1008
Merit: 960
June 27, 2024, 04:10:04 AM
i mean isn't it great if people are interested in my casino business? if i were the owner, i would welcome everyone who wants to try their luck at my casino and i don't think that they will take all my money since i believe that the casino's gaming machines have a lower probability for the players, no matter how hard they try, the house will benefit. and for games that rely on strategy, i don't think that all players who play are geniuses, so i still have an advantage over these players. even when there are genius players, i can limit them on the grounds that their games are unfair. so there is no significant problem and i can make high profits.

Even a genius player will get a lower probability of winning compared to the casino, say 45/55. It's by design.

That's why casinos earn so much money. It's literally a money making machine.

The key to successfully run a casino is to bring as much people as possible, and to let them stay as long as possible.

The gamblers will do the rest. The odds are fixed so that the casino wins in the long term. No need to worry about that.
sr. member
Activity: 294
Merit: 433
HODL - BTC
June 26, 2024, 07:37:05 AM
#99
The more customers the greater the volume of your casino bets, meaning the casino owner will continue to benefit,, remember that the casino business must have large capital.

The casino owner will be the winner while the customers will continue to come and play at your casino, if you ask the feeling in your mind then of course it will be happy that their business continues to run while profits continue to increase.

Customers come to casinos come and go, they have the goal of making a profit as well as by playing fun, behind it all there are those who are addicted there are also those who can control themselves.
hero member
Activity: 1008
Merit: 960
June 26, 2024, 06:39:22 AM
#98
If I have a casino then I will do or want the same thing what others casino and casino owners do I mean want genuine user for my casino site and for that I will take main steps on marketing , branding and community building, taking members suggestions and options. So at the end of the day casino business is not profitable all thee times sometimes lack of proper strategy many shut down themselves.

I think most casinos are actually making a lot of money. Yes, there are some that have closed down, but it's usually based on bad management of them.

Casinos are clearly a huge money making machine, and that's why they usually require a license to run.

If someone is not able to win money from running a casino, they would have no chance in other businesses.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
June 25, 2024, 08:52:48 AM
#97
Back to the topic, I would be really happy that people are having fun at my place. I would like them to play more at my place, but not lose more, just play, because I know that my profit is more related to the amount wagered at my place than to the amount that was lost.
Yeah, I'd take that too.
In my younger years (not that I am old), we used to play poker in the house of a friend and all he wants is a bit of money, more like a donation to the jar in case some of his poker pieces went missing or damaged. He doesn't really care about us using his house because he also wants some company and he loves playing the same game. But we have to clean up when we are done.

I think this is what casinos should be like. More of a friendly environment where everybody is welcome not only because of their money but to feel the enjoyment of the place. I mean, we felt like we were in a casino at my friend's house but all we needed to do was buy our own drinks and smoke and then play the game. It's more like a DIY casino. Cheesy
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
June 25, 2024, 07:37:09 AM
#96
If I have a casino then I will do or want the same thing what others casino and casino owners do I mean want genuine user for my casino site and for that I will take main steps on marketing , branding and community building, taking members suggestions and options. So at the end of the day casino business is not profitable all thee times sometimes lack of proper strategy many shut down themselves.
hero member
Activity: 2184
Merit: 599
June 25, 2024, 07:26:13 AM
#95
Back to the topic, I would be really happy that people are having fun at my place. I would like them to play more at my place, but not lose more, just play, because I know that my profit is more related to the amount wagered at my place than to the amount that was lost.
But isn't it that if our customers lose more money in our gambling it will bring us much greater profits, and of course it will be very happy.

But if we have a wise soul and our morals are high, we will feel sorry for our customers who lose more money in our gambling, because it will give misery to the players, I also feel that way if they lose more money than what they can afford.

Is there any way they can gamble responsibly and not lose more money than they can afford, we know the problem with gamblers is that they always push themselves, especially people who are addicted they will do everything just to gamble.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 25, 2024, 06:11:53 AM
#94
All casino owners are strictly there for profits while gambler are also there for profits as well, but casino owners makes their profit if gamblers keeps losing. ~

There are so many wrong statements in this one short sentence!

Most gamblers are not for profits in casino, they are for their entertainment. They realize that the chance of them winning is smaller than the chance of losing, so they just having not counting much on winning.

Casino isn't necessarily making profit. There are many cases of a casino going bankrupt, more such cases then when prosper actually.

Gamblers not always lose. Sometimes they win and sometimes they win big if they get lucky. If they were always losing, no one would be playing at casinos.



Back to the topic, I would be really happy that people are having fun at my place. I would like them to play more at my place, but not lose more, just play, because I know that my profit is more related to the amount wagered at my place than to the amount that was lost.
hero member
Activity: 1008
Merit: 960
June 19, 2024, 11:52:02 AM
#93
~snip~
 the issue of casino promotion can be solved with the help of money, it is not such a big problem at all. it is much more difficult to find competent people who will deal with such issues. Nowadays, a good specialist is worth his weight in gold. If you do manage to find such, you should also provide them with proper working conditions, which can be a problem. Few employers care about this. And for nothing.

Kind of...

At the end of the day it is usually going to be word of mouth, the casino that works the best, and the casinos that are shit.

You can't really just put money and spam, you need to do a proper campaign, yeah you are right you need the right people to do that kind of job.
hero member
Activity: 1148
Merit: 576
June 19, 2024, 12:58:20 AM
#92
Ideally, that's what owners should think as the point of marketing the casino and doing some promotion to keep the users active and as much as possible having constant giveaways and rakebacks. But casino is also a business and they have people to compensate as well. Making money is always the point of building a business.

If the users are staying, I think I'd be proud of what I have accomplished. This is temporary however, users are already finding new casinos especially if they are not winning, they are going to try out their strategy in other casinos and competition is very tight. The casinos will need to spend money to stay on top of the competition.
If the issue of casino promotion can be solved with the help of money, it is not such a big problem at all. it is much more difficult to find competent people who will deal with such issues. Nowadays, a good specialist is worth his weight in gold. If you do manage to find such, you should also provide them with proper working conditions, which can be a problem. Few employers care about this. And for nothing.

hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
June 19, 2024, 12:32:02 AM
#91
The gambling sites know the reason they added that, because they knew most people are losing.
Yes, I agree, most gambling sites know that the majority of gamblers will lose money instead of making any money because there can be only few gamblers who can win against the house edge of the casinos while most players lose against it.

I've never seen gamblers who win consistently but I've seen many gamblers who lost consistently and that shows that in gambling world losses are much higher in number as compare to wins and that's why one should gamble for entertainment and fun only.

When you own a casino of course you yourself want profit so surely you will do the best for your own casino whose purpose is to get profit, one of them is by retaining customers. Profits will be obtained when we can make customers comfortable so they don't switch to another casino. besides that, with so many people gambling of course it is to make money, but how do you get them to come back to gambling? By giving a little advantage to the player then most likely he will come back and gamble again.

It is strange that anyone can beat the host especially consistently, because basically the host also established a casino is to make a profit. so it is not strange that many people lose money even with a large amount because they lose at gambling, the amount of loss and victory for players is clearly different, the odds are different. Because with players they only have a small chance of winning and a big chance of winning, for the host it is the opposite.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
June 18, 2024, 02:14:23 PM
#90
I would say number one thing I would do would be just purely put only provably fair games, that's it, nothing more. If a game can't be provably fair, then it wouldn't be in my casino at all, and if I have enough money then I would not use third party providers, I would just have the hot wallet and cold wallet and make sure hot wallet is filled up with a small portion of cold wallet, so that even if hot wallet gets hacked, I could still keep it going.

Those are the only things, because if I can do these two things, then I would not have any issues, not trust related at least, people would be able to make sure I am not scamming them and I would always be able to pay up, when you do those two things, rest is easier to handle after that.
legendary
Activity: 1778
Merit: 1474
🔃EN>>AR Translator🔃
June 18, 2024, 01:43:17 PM
#89
Of course, I would be very happy for more users to visit my casino because this means making more deposits and thus more profits for the house, which means more profits for me. On the other hand, I would also feel upset if one of my competitors' casinos outperformed me. This is the business mentality and there is nothing surprising in that.

During our experience here on the forum, it has become clear to us how much profits casino owners get. It is not surprising that the wish of each of us is to be able to launch his own casino project and collect profits.
But on the other hand, we must not forget that it is not easy profits, and running a casino is not as easy as any of us might imagine. The project requires an integrated team, and I doubt that there is anyone capable of managing a project of this size alone.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
June 18, 2024, 12:52:21 PM
#88
Talking about it as "profit" seems like a defeat already to me. Treating gambling like a business doesn't really fit on how it really is IMO. It's always going to be the fact that it's risking your capital but of course, for entertainment purposes only.

If I were the owner of the casino, I would think of my customers as loyal members and find a way for them to stay.

Ideally, that's what owners should think as the point of marketing the casino and doing some promotion to keep the users active and as much as possible having constant giveaways and rakebacks. But casino is also a business and they have people to compensate as well. Making money is always the point of building a business.

If the users are staying, I think I'd be proud of what I have accomplished. This is temporary however, users are already finding new casinos especially if they are not winning, they are going to try out their strategy in other casinos and competition is very tight. The casinos will need to spend money to stay on top of the competition.
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform
June 18, 2024, 12:49:47 PM
#87
If you were the owner of the casino, what would you think when people like that gamble at your place?

I dont quite get what you are asking here. Casinos are businesses, gamblers are their customers.  The casino wants them to lose money, gamblers want to win.  Its pretty straightforward.

That's why I opened this thread, a simple answer but it has a very deep meaning and has a certain purpose for this thread that I made, that as you said the casino wants you to spend money there, I some people who don't understand how he is in a gambling addiction need to see this thread and how he is actually being used that he is just exchanging their time and money for a game.
That i own a casino today or in the future i probably see the gamblers that walk in to my casino to gamble as my clients/customers, as people that are in the weak end where in fact i am the one sitting at the strong edge of the whole obscuration interest for profit. because that's how i firmly perceive is the perspective with which casino owners view we gamblers with. it is never in their best interest that the gambler survive a session, for its a battle for profit which both parties don't want to lose (if one continuous to make loss he falls off from business, and the other should he loses either continuous to chase his loss or quit go home as a loser to come back another day), which is why i find it hard to comprehend why some gamblers will expose themselves to gambling addiction for what exactly.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
June 18, 2024, 12:33:06 PM
#86
Talking about it as "profit" seems like a defeat already to me. Treating gambling like a business doesn't really fit on how it really is IMO. It's always going to be the fact that it's risking your capital but of course, for entertainment purposes only.

If I were the owner of the casino, I would think of my customers as loyal members and find a way for them to stay.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
June 18, 2024, 12:30:46 PM
#85
The gambling sites know the reason they added that, because they knew most people are losing.
Yes, I agree, most gambling sites know that the majority of gamblers will lose money instead of making any money because there can be only few gamblers who can win against the house edge of the casinos while most players lose against it.

I've never seen gamblers who win consistently but I've seen many gamblers who lost consistently and that shows that in gambling world losses are much higher in number as compare to wins and that's why one should gamble for entertainment and fun only.
hero member
Activity: 994
Merit: 525
June 18, 2024, 12:19:31 PM
#84
If someone wants to open a gambling business, of course what is on their mind is how to find a permit first because this business is a business that has a very high risk, of course it will not be easy for someone to open a casino business unless they have a lot of money.
And then if they have a gambling business, the next step is how to make tricks to attract customers to enter and play on their gambling platform and if many customers are interested, then of course the casino owner will feel happy and happy because his business is running smoothly and of course the casino owner will make a lot of profit from the many customers who have entered and settled playing on the gambling platform that he opened.

That's right, after all gambling is something that usually tends to lead to prohibition. In addition, gambling also has a lot of bad views from the public and this is one of the things that has become a lot of opposition, so it does require a definite license. And it is not easy to open or start a casino, because there are many things that must be fulfilled and completed properly.

I think when they already have a casino they will definitely think about it, even in my opinion before they set up a casino of course the marketing must have been thought of first. Because the purpose of having a casino is profit so before opening a casino, of course, many things must be considered properly because what must be done is to develop the casino by having to attract many customers to play at the casino that is opened. And I think there are so many casinos today that are just popping up, whether there are bankrupts or not I don't know, but what is clear is that they are certainly doing their best to be able to develop the casino they opened.

Yup, especially if the casino is opened in a rural area, it is even more difficult to ask for permission, because in rural areas it tends to be very vulnerable to modern developments, meaning that in rural areas there is still minimal modern knowledge so that the community is easily influenced by bad habits and behavior in the casino business, where people think that gambling is an activity that will bring in a lot of money and also as entertainment.

Of course, the casino founder will spend many ways on how the business he built will soon grow rapidly and last a long time even though now many new casinos are popping up and the casino founder will try to maintain his business so that it does not stop that quickly or go bankrupt due to losing competition from other casino business openers.
legendary
Activity: 2282
Merit: 3014
June 18, 2024, 10:53:16 AM
#83
A little guessing the thoughts of casino owners and gambling dealers when they see gamblers playing in their casinos, what might come to mind?

The name of the business is opening a casino definitely wants to make a profit, while people who come to the casino to seek profit too, although not all, but focus on one object of people seeking profit.
If you were the owner of the casino, what would you think when people like that gamble at your place?

I think I would take a long hard look at how the most popular casinos are operated in Las Vegas and run my casino in a very similar fashion.  Of course one of the biggest ways of separating people from their cash is to offer freed drinks, which I know is quite common in Las Vegas.  Once people are good a "lubed up", then it will be much easier to separate them from their cash. 

I would also just try and offer as wide a range of games as possible, that way you "hit" every gambling sector or most of.
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