Bitcoin Forum

Hi I'm new to this forum and I'm thinking of creating a bitcoin casino - just a simple dice game. Aside from having it hosted offshore, what are the basic steps to have it up and running?

Cheers

You will need a lot of money (and I mean a lot) , you should proof to the users that you actually own the amount that you claim having in your casino because people won't deposit anything unless they trust you .
secondly , you should hire a programmer because I'm more then sure that the Casino scripts out there have backdoors and using them will lead to losing money if you get hacked instead of making money

Will it be easier if I allow people to invest in the site? Early investors will definitely profit from this venture.

then I guess you can make a topic on the Securities section about your project , and tell that you are looking for investors etc ... that should do the job . Just make sure to make a good written topic , with all information's needed and make sure to use an escrow to hold funds be cause no one would trust you to hold big funds . (Escrow from the forum logically)

Indeed, with this business you better have a big wallet ready to be invested in your Casino, because having a mistake on your security can be fatal, you don't want to be known out there for running a Casino that had an exploit or so on. Provably fair that's demonstrable and being able to select the seed is pretty much a standard in 2016.

You need to pay a developer/designer to make the script and the layout if you aren't going to use a premade script, You would need a good capital as funding and offshore hosting, bug testing and an advertising budget, not a project I would recommend though.

You have to really understand the workings and the weaknesses of the system especially since you are new in this forum, developers can take advantage of your unfamiliarity to cheat you. For example you can check this thread https://bitcointalk.org/index.php?topic=1167828.520
Owner says was rigged developer you have to learn from this case

The most expensive asset will be your bankroll. And you will have to show proof that you have it or else nobody will gamble on your website. I am guessing at least $100,000 for a new dice site. The design, hosting, etc, will all be cheap in comparison.

Not the best idea as 'dice market' is pretty saturated. If you're keen to do it anyway, probably the simplest and safest option would be using Moneypot. Afaik they have free open-source dice site script. They handle all the money on your behalf, so you could benefit from their trust and userbase.

Check the 'for casino developers' section:
https://www.moneypot.com/

Again, don't expect too much in terms of profit, unless you have some unique ideas and are talented marketer.

Unless you have a shit load of money you need to forget about starting a bitcoin casino now.

All the top sites were created & run by very early adopters.

no point if your not rich, only way for you to open casino is moneypot.com otherwise you wont be able to hold even 1btc per roll.
regards.
-Katerniko1

Check Softswiss, Ultraplay and Coingaming as well

i think become a owner of bitcoin casino are very challenging, especially in bitcoin world.
there's alot of bitcoin casino around here, and some are really good.. so forget about create bitcoin casino unless you have alot of funds..
just become a player ;D

That is very true. In bitcoin casino business first think is your should prove you got a huge funds and second most think is trust to attract players. There are many scam so people are bit hesitates to play on new casino sites so you need to prove that you're trusted guy. Good luck to you.

Yes, in this business first players need to trust your site to gamble than you can surely attract more people. But for that, you need to do a proper marketing/advertising your site than you can make profit from your site otherwise site without traffic no use.

Like others have already said, this problem is easily fixed with moneypot, as they handle and provide your bankroll for you. In return, you share some of your profit with them.

Some advice to OP;

There are many free open source dice scripts out there like this one (https://bitcointalk.org/index.php?topic=1062680.0); it's very easy to get them up and running. However, users probably won't come to your site, as there are many other dice sites out there, they'd probably go to one of the more established dice sites such as primedice.com or rollin.io. You'd have to think of a very unique concept to attract users.

Also, from this post, it seems like you aren't very experienced with coding, etc. (I may be wrong - you might be a coding genius) but if you don't know how to code etc., I wouldn't recommend that you open up a dice site just yet. Get familiar with bitcoin and the industry, then open a gambling site. Best of luck!

Wow thanks for all the responses and the tips guys.

I'm more of a UX/UI designer,  I have a great concept of making the site aesthetically pleasing. I just need some experience in the backend. It's hard to trust any developers especially in online gambling, so my plan is to take some time to learn the backend side of things.

And after designing the dice game, I want to expand into other areas like Sporstsbook and esports.

Question: How do I implement bitcoin wallets for users to deposit into the site?

Their are so many dice casino sites , that is why you have come with a good unique concept in dice with good graphics and fast uploading. Their are so many links you will get in this forum where you can get the code freely or just paying small fee. Make the Security of your site very tight as their are so many scammers who will create a bot and they will rip your wallet.

I am going to test out the free Dice script "Untitled Dice" running with the the Honeypot API. This is going to be an adventure, setting up a Git account and all.

Any resources where I can learn how to script and operate a bitcoin powered website?

Cheers

I think it's also a good idea if you can chat with an owner of an existing Bitcoin casino and get some tips and possibly you get the whole picture of what you are planning to do.

But I don't think any owners will give such details to any one because if they do like that, indirectly they are creating compitation for their own site. But some good owners may give a some inputs, if not all. No harm in trying luck.

Whatever you do, keep the deposits and withdrawal options random, to increase anonymity for the users. The sites honoring the anonymity are doing pretty good at the moment. The sites with complex signup's and verification processes are not favorable.

Do not branch out too soon to other fields, before you know that the dice section would be profitable and secure. ^hmm^

god thats a lot. which gambling site do you think only just need few bucks to start with?

The most important is that you need some marketing. Marketing is the most important. Without marketing people wont find out that there is a Bitcoin casino.
I think if people will find out that there is a Bitcoin casino, I think it will be very popular. And many people will use it.

Yes, this is a good advice. Also the programmer you hire should be known to you personally. Don't rely on a programmer you hired online who might be from another part of the world. There were cases in the history of online casinos when such programmers were stealing money from their employers.

In my opinion, if you want to create a casino-based Bitcoin. You should have some research about gamblers who have been active in this site, you can organize a survey on the interest of gamblers. If you've found the conclusions of gamblers input, you can simply create a casino-based Bitcoin. And you have to have an acquaintance who is an expert in the field of webmasters, programmers, and Database. Therefore for the sake of continuity of your website.

Doesn't the Moneypot handle all the 'bitcoin elements' themselves on your behalf? Never used them tbh but I imagine they do.

I won't be able to help you much as I have zero experience in running such site. Let us know how it went though.

Have you got any unique idea how to attract players/investors? Starting yet another 1% dice site won't work, you will need something special.

Guess you can also contract people to carry your advertisement on their signatures and pay them just like most sites are doing right now.

That would likely be the worst marketing move for newly created dice site. Sig campaigns are expensive and won't generate much traffic, no one will leave their favourite and trusted sites to move to completely new one, unless you can offer them some solid incentive or something really unique.

You will need to b innovative in your site, offer soemthing that the other sites are lacking, you can try to to come up with the best graphics out there in a casino, for example that could be a niche since graphic wise casino sites for Bitcoin are pretty poor, or go directly to trying to improve the fees and offer cheaper fees, offer more free credits, offer something so people has an incentive to be on your site instead of other people's sites.

We hope you choose to work with us :)

As others have mentioned, we are a great source to use for developers looking to create a casino. More information is available here: https://bitcointalk.org/index.php?topic=1366689

Let us know if you have any questions!

@ OP

Sorry but the big hype for building bitcoin casinos and gambling websites is over.
Two years ago was a good time to start such a project.
Now the big ones have taken position on the market and building a new one will be just a loss of time and burning a lot of money.

Not necessarily, there have been many gambling sites that have popped up recently and have succeeded, to name a few, Jackpot Racer, and Da Dice. (Da Dice has fallen apart though, due to revelations that they lied to investors)

You just need to have a really good and unique idea to succeed, or be really good at marketing. It is definitely harder to succeed than two years ago, but it still is possible.

Marketing if done right, could be very easy on this forum. You just pay people to promote with your signature, but at first it can be costly before you generate profits.

The most important is the marketing. Without marketing nobody will know that you have a Bitcoin casino so you dont have costumers.
And you need have a good advertise. And good people that can make it happen. You need to invest it.

Its hard to invest to a casino site as your self, a good idea its build you games and connect it to moneypot.com that what we do, you will not earn so much but you have nothing to lose if you on the first week have a big gamber there bet 10 btc and you lose the bet, and the nice thing for moneypot.com is you can invest inside the BR so you get a % of the total BR  over time.

if you already all needed to open bitcoin casino, you just need good marketing and some good promotion to get player interested to trying you bitcoin casino.

That is correct. For any product to success marking is very important and for good marketing one need to spend quite lot of money.  Until site become popular, need a lot of money for advertisements and need to build good reputation to succeed in casino business.

As i know. the important thing is that you have a very large bankroll. at least 100 BTC
probably when the house was lost. he needs a bigger bankroll to recover a whopping

the best option is to hire a good developer who can design the website for you because if you are not familiar with website design you are going to encounter a lot of problems in the future like hacking, DDOS, exploits in the script that might lead to you losing your money, and many more.

strongly agree. advertising is most needed when you've made a gambling site, you see them (the owner) does not advertise their sites? sites they may be dead, like dustdice, bubblebit, etc, they do not do the promotion and advertising of their websites certainly are not widely known and being dead.

This is great. I'm looking to invest and this sounds like very good information to step in the casino world.