Bitcoin Forum

Hey everyone.  ;)

I'm a passionate Web-Developer and currently got a little bit more time on my hands than usual.
I really love what I'm doing and enjoy running my own projects, so I decided to sit down and start coding a new BTC gambling website. :D

Everything is prepared already:
 - I have a really catchy Game which I couldn't find anywhere else to play online
 - I have designers on my hand for some neat graphics
 - I have done the math to maintain a small house edge
 - The automatic handling of BTC transactions is finished
 - Provably Fair is planned to be done today
 - My dedicated server is ready to handle a good amount of traffic
 - [...]

But I'm interested to know: Is developing a BTC gambling websites considered to be profitable?
Can I expect people to pay attention to a new game?
Is the market maybe already saturated?

My decision to code this website isn't going to change, regardless of the answers I will receive. 
I'm simply wondering what dimensions I could be entering with this project. ;)

I'm excited to hear your thoughts and opinions on this!  :)

it is surely good to see someone who is putting some effort into his project and not just copy pasting a script and wanting profit.
i hope you become successful.


not on its own. people who are using bitcoin have proven to be interested in gambling but they won't go for any game. they usually stick to certain types of games. mostly dice and some of them sports bet.


if a new game is interesting they may. but it is a risky move in my opinion to go into uncharted waters.


it is competitive but it is not full. there is still a lot of room for new casinos to come and be successful. you need a good plan, lots of promotions and advertisement which are all going to cost and then after some time reach profitability.

in my experience, as i said, people don't usually go for newer games that are too complicated and they don't know how to play them. that is one of the reasons why there are a lot of dice sites. because people will always play dice.

I think it will be profitable if you know how to attract gambler to your site, but the first step is you need to build your reputation, giving a lot of giveaways sure is going to boost your popularity, when you already famous, then you can earn profit, you can see there are a lot of casino and gambling site keep on popping out

Thank you kind sir, those words feel good and motivate.  :)

Actually my game isn't something I invented myself, but a game which is really old and got forgotten.  ;)
It's based on a game which will always be loved and is played all over the world, the differences to mine are actually quite small but the impact on how it feels are big.  :)

Sounds logical and fair to me. ;)
Luckily my game played fast too, just like dice games you can adjust certain things if you desire too but the game itself consists of simple rolls. :D
I'm aiming to code everything really basic and minimalistic - Within 3 clicks (without counting executing a deposit) a personal account will be created and the first roll done.  :)

Bitcoin users are used to the games that already existed and i think all games are already here from sports to simple game of luck like dice. IF you can create a real time game like a video on a corner where we get to bet which color of a car that will pass by each minute, we might just try betting on it. I don't have any idea whether such game already exist here in bitcointalk but i do hope you can have it on your site. Also allow us to bet using some altcoin like LTC, ETH and rest.

Atlast I saw already a meaningful consultation on someone who have a plan on making and launching a gambling site.Seeing on what is stated above I could say that it has a potential since ive read that you are creating a game that you didn't see on the market which makes some interest and im wondering on what game should it be. Goodluck on your project it will surely be worth it.

How about the status of the bankroll? To execute all your listed developments and plans, bankroll is needed. It will dictate the outcome of the gambling site since less bankroll means less accommodation by all of the gamblers. There are lots of bitcoin gamblers today so what if someone hit some big? How can you deal with that?

You also have to pay for advertisements like signature campaign since it's hard to build popularity today because there are lots of gambling sites that established a strong name even you have a unique game that no other gambling sites have. It's profitable in the long run if you can established a good name and maintained well the operation. Also doing giveaways in regular basis can be considered.

Indeed, websites like primedice or satoshimines (in my case) are definitly a big name and I don't think a websites with the exact same concept will have a big chance to ever beat them in popularity. :)
That's why I aim for something that's not existing yet, in that way I can ensure people who enjoy my concept are bound to my website - Atleast until somebody copies me.  ;D

With real-time betting you mean something like it's done on bustabit? Basicly my website running a certain process over and over (randomly of course) regardless of the visitors I currently have?  :)

Altcoins won't be a big problem to implement, ETH might cause some extra work but I can't tell that for sure rn, I only tried LTC and DOGE yet.  :D 


I really hope there will be more people like you beeing interested in a new game digitalized.  :)
I will definitly get back to you guys as soon as I got something to play around with, you'll be invited to test everything if you desire.  ;)


You're right, I will definitly need a certain base level of cash to be able to run the website without any problems  ;)
There are a few possibilities I have here, the first would be to simply use my own cash since I luckily got a good base myself. I'd also be able to get a few investors as soon as I can show the finished project.  :)
But I might approach this problem on a totally different way, I'm still thinking about a few techniques.  8)

Advertisement is something I will deal with as soon as I'm done. I'm quite active on a few Forums where I'm known as developer and got a remarkable, flawless reputation - So a bunch of people will atleast try my website and maybe even tell their friends. :)
Buying any kind of advertisement is no problem tho - if I feel like it's worth it, I'll do it. :)

Sure, that would be nice im quiet interested on this one since you said its a catchy game that cant be found in the market which is really a catchy thing for me.
I will wait for the launching of this gambling site and hope wont break peoples expectations here  :D

Operating a btc gambling site is worth it as the house wins more than it loses. However, you need to have a large capital to bankroll in case some btc whales get lucky and win some of your btc. You don't want to face a situation when nobody is able to withdraw because of lack of btc. I am tired of seeing all the dice sites sprouting up and it would be refreshing to have new gambling games.

i wonder what kind of the games that you makes in your sites? i am too curious about this and i am waiting the progress. i think you can add another altcoin like rdd, xdg, or bcn in your sites because there is not many sites that have this option for their members so members will have much option for the coins that they want to deposit. is there any ETA that you want to tells or its need more than a week before you launch the sites? i think every one in this forum will waiting for your sites and they expecting the best from your sites. good luck sir and have a best sites.

Operating a BTC gambling site can be extremly profitable thing, primedice's owner stunna, he makes at least 20K BTC per year. Many other big gambling sites like nitrogen, betcoin, fortunejack are making plenty of bitcoins everyday. But most casinos can't make huge money, operating casinos is not easy, it is similar to gambling and trading, always winners and losers, you need the best marketing team, it is the key of SUCCESS.

Agree and the owners must have much capital is for promotion the site
for example must there are money for pay Google advertising,
the other example pay members signature campaign if making promotion on bitcointalk
the promotions must be for long time until the sites are famous.

Haha, I'll give me best to deliver a high quality result, I promise.  ;)
As soon as I got something useable I'll visit this thread and PM you guys. :)


Yes indeed, this would be a real shame and probably instantly kill my reputation, I will take the necessary step to take care that this won't happen. ;)
Anything else would be half-hearted and that's something I really dislike when it comes to my work, especially to my private work. :)


Thank you for those kind words. :)
I will give my best to implement as many altcoins as possible, the only factor that slows my work down is my personal life, I'm quite busy and code the website alone but I'm confident that I will be able to finish this project. :)
Sadly the release will still take a certain time, it's hard for me to estimate the time I need but I'll let you guys know as soon as I have an overview of everything that needs to be done. ;)
Please don't get me wrong but I don't want to talk too much about the actual game I'm planning, if this really has potential I'd just risk my possibility to rule part of the market, I hope you understand this. :)
Even if you guys probably don't even know the game, I'm sure it will feel really familiar fast. ;)


This kind of profit would def. be nice. ;D
But even if it doesn't rocket-boost to the top, simply owning a running gambling site would be great enough for me - I love to see my projects sprout. ;)
Do you mind explaining what exactly you understand under "the best marketing team"? :)

always worth to try , nothing business have a free-risk. so far i didn't yet see there is bitcoin gambling site closed due to bankruptcy or something similar. most of them in profit especially a -EV games , no wonder there is very few games based on player vs player , would you take this challenge? to open a PvP game like PvP blackjack? goodluck btw.

Just by reading your post it sounds like it should be profitable even with a small house edge as long as you set a minimum max profit/payout to reduce damage to the house/bankroll. I want to know when do you plan to launch your casino? I'm interested in playing new games.

you got the point and Try + test = achieving this is what i think that should do first yeah theres a risk and you will not know if this project could be profitable or not.. since the other business there are started and the other business was not successful they are close but the other business here are still alive and active that i think they are really making a good profit..

If you feel that your gambling site able to compete , why not ?
Bitcoin gambling industry that love lasting still have low amount compare real life gambling industry. Just make sure that you can hire the honest and great people to handle since my experience taught me, good gambling site doesn't guarantee that they can long lasting instead they scam in the end

-> I think if you can run gambling platform smoothly and can insure security of bankroll than it will be profitable for sure.

-> Yes, new and pretty addictive game will always be in demand. Look at bustabit, satoshimines, luckyb.it etc they are successful because they have delivered games with pretty new concept and addictive.

-> Market for bitcoin only casino is still not saturated but if you are only planning to have dice, slots etc than market for dice site is saturated to some level.

I'm sure operating a bitcoin gambling site is very profitable but unless you're a very early adopter it's probably too late for you now unless you have a lot of money.

You're going to have to be able to afford to pay every users wins, if they win big can you pay them?

If we know how to manage the website and have knowledge about business gambling,
operating a bitcoin gambling site is wort but for the people who don't know anything about online gambling.
It is just burn the money because of there are cost must be paid.

What I see online gambling today is mostly have same features and games option. Just how you marketing it and give a promo to attract people join in your site.
That's good idea if you have a plan to build a new game, it's need to attractive, catchy design and not makes people boring. The unique features and promo also can makes boost your site.

The point is marketing strategy is the most important thing here, I ever see an attractive and good design games but it's lack of marketing boost and promoting, so people not aware about them.

True. Knowing how to manage website and how the games work are very important things to have if we wanted to make a gambling site. Beside of that, there are still plenty of works to do since we can't rely most of the job to other people. All of that stuffs are beyond my ability but I guess it is very profitable if we can operate a bitcoin gambling site.

I think this will depend on your skills and the money you have to invest in the business. If you have few programming and website design skills, you will probably have to hire more people who can help you, and this will increase the cost. If you already have good skills, this can lower costs, but it is important to consider expenses with marketing.

If this works out in a way that I can actually call my earnings or general gain noteworthy then I would be happy to further improve and extend the whole site. :)
There are many things I'd like to code. ;)


I definitely plan to launch the website as fast as possible! Sadly I can't estimate the time it will take at all. I'm dealing with a few things which are new to me and since I've never had to deal with them I don't know what expects me ;D Stuff like setting up fullnodes and getting them to interact, even under pressure. Or getting all the security measurements for transactions and the server itself done. ;)
I hope to have everything done within the next few months. :)


For now I don't think I need to hire anyone. ;D
What exactly do you mean with scamming? In the games itself? Because that's what I'm going eliminate with 'Provably Fair' :)

There are a few ways for me to handle big wins, the most brutal one would be to sign a contract with the company I work at, basicly partner them, I'll probably decide when the website is near to be done. :)


As stated before I don't plan to hire anyone, this will be a one-man job. ;)
I'm coding Websites for about 6-7 years now, mostly backend tho, so the frontend will probably take a little longer. :D
The marketing will be something I will also take a look at later, I have some plans already. :)

Everyone loves gambling and I think if that game of yours is really interesting there will be a lot of gamblers that will play in your site. There are tons of casinos or gambling sites that are being open but still many gamblers like new things and new sights. If you want to do that site maybe try to do some research and interviews before doing it so. This can be a good start as an interview.

Operating a gambling site is really interesting. In the past I was working on my site to operate one but due to an issue happened to me I was unable to start that so I will start it in the future. Actually it require a high amount of fund for to run it successfully for getting the best site script and for advertising it everywhere.

Yes, it can worth and be very profitable for you if you know what you are doing. But to have success you need to do successfully many things. I can tell you some of them. First of all you need to create your site, need to have knowledge to do this or you need to pay someone to do this.
A nice design brings more gamblers... Next you need to set the games you want to add on your site, more games = more activities = more gamblers. You need a big bankroll to start too, because if someone wins on the first day you need to have money to pay this one. Small house edge bring more gamblers too.

as long as it has house edge i guess there is no casino did not get profit .

all success and longlive, the most important in online gambling site are the provably fair system , you may have one in built currently right? as long as it could be verified you are good to go to have an establish gambling site.

I guess the market is so big that is why more investors are coming in to build their own gambling sites, it would be easy for them to do it as long as they have a great capital and a good game as well. This business is very promising since bitcoin is still new and the adoption process is progressive.

You can try but it's a hard work at the beginning, so you should know what you are doing so you will not be wasting money.

Yes actually operate bitcoin gambling site is profitable because with this ways
we can get profit from gambling and we will be always profit,
but it is not easy many developers of gambling site that losing the money on gambling business
and their sites are closed.

It can be profitable and not, Let's go with not first, because when you just recently opened your gambling site of course people doesn't have an idea with it. So you need to advertise with it and need some exposure to the gamblers and that's another thing. And yes, once you are already done with advertising positively you got a successful advertisement and that's when your expenses will come back from the gamblers who are going to play with your site.


Yes, there are people who are always looking for something new.


Somehow because there are a lot of gambling sites already.



Just pursue what you think and it's a good thing that you are the one to do it by yourself. Good luck with your project.

If you want to run a gambling site you need to be good marketer, because running gambling site is not easy job. You need to have of lot skills in order it will benefit's you and your customers. Every time you need to check security check ups because many hackers will hack the site, you need to take care of this. You need provide bonus to the investors who wants to play gambling.

it all depends how popular your sites because more popular means more active players at your site and automatically more profit to do so but you must know that rivalry of bitcoin gambling sites currently is very tight because all developers thought build new gambling sites was profitable because they see popular sites such as primedice or bustabit able to get very much profit from their players

OP is just asking if operating a gambling is worth it and that means that popular factor is not yet being consider because it is only new establish. I think it is better to take over old casino that are now for sale so that owner will not allocate huge amount for advertisement.


Operating a gambling casino is worth it if you have skills and discover new type of gambling that will gave a refreshment for a typical gamblers because there are so many existing casino out there with same type of game.

Goodluck OP

Building investment do really have only two results which is profitable or goes bankrupt and the risk is always there thats why its really important ton how you gonna handle it in able to get the interest of the public.If you do build a gambling site which is somehow different among others then the potential of being profitable is still there it depends on how you promote your site.

Worth, not only btc gambling site but fiat gambling site too can give you nice income, as long as you can promoted as well and get many player, you will become rich in shortly.

If you are developing the site by yourself and with the help of your friends so you don't have to pay for this in advance then at least you won't lose much if the site doesn't work.


If it's really unique like you said and you'll launch a Sig campaign to attract players to your site, why not?



No, it's not saturated. New gambling sites appear almost every day. Most of them disappear soon after the opening, but some of them become popular and successful.


Good luck with your project!

I agree with you gambling site can give nice income as long as can manage it and get many players,
unfortunately I don't agree with will become rich in shortly because building projects gambling game
is not easy needs long time until the owner become rich people.

There is a huge potential to become rich in making a gambling site. However, in order to make your gambling site good and popular, you need a huge capital to do that. Plus, you need also to put alot of your time and effort in order to handle in briefly. Certainly, building a gambling site is an opportunity to become rich as bitcoin is in the cureent trend.

just developing the site and then what? sell it or also operate it yourself?
you have already done the most part of it that counts, and if the game you designed is as easy to play and as interesting as it sounds like then it can be successful. if you just developed and want to sell it later then it can be profitable for you.
but if you plan on operating it yourself too, then you have to invest some more money into your own project to make people pay attention to your game. they won't come on their own. and you can grow it slowly but it can happen, market is not full yet.

Yes it will work because you need to prove yourself that the way you are promoting your gambling sites and paying to winners on time. Mainly you have to promotional offer to your investors and you need follow different techniques to attract your investors.

It's always worth it if you do your job as the owner of the site, though we have seen there are many gambling sites that are successful, we should not discount the fact that chances of failure is also their. There are plenty of things to consider starting from the right amount of bankroll and the promotion or advertising itself, and that entails money there so if you feel you have that budget that is necessary, do not hesitate, knowing that gambling sites are profitable is already something that will inspire us.

Yes of course it worth but a big thing in owing a gambling site is that you need first to make a big advertisment because without advertisment you can't get users for own gambling online casino .
So if you have big amount of bitcoin then you should start your gambling site .
And run your signature campaign in this forum.for at least one to two months .

Yes any business would be profitable only when we are giving the right approaches. We need to learn how to run a gambling site then we can be successful by making enough profit from it. So, the basic thing required for operating a BTC gambling site successfully must be a acquiring management skill. After this, the required capital will come into action.

To gain knowledge on all different field, it would be more important to watch one  successfully running gambling site very closely. If we get chances we can work with the any successful gambling site's admin so that we can learn things quickly.

Yes, no one can argue, because big budget is more important for promotions so that gaining quick popularity. We need to give free giveaways and free credit so that we can make gamblers to test our site. We need to be sure our graphics experience and easy procedures to make them stay with us after that.

One among the favorite place where bitcoin users spend more time as well the firm where more bitcoin circulation.happens is in the gambling websites. Lot of gambling websites accepting bitcoin is found. Something a unique game will surely get the attention of users as well through campaigns you can easily make it reach more users in a short time period.

But seeing the tons of gambling site all over the place now. It was one of the most dominant industry in bitcoin today. It's either you will have a boom business for operating a gambling site nowadays but the competition is really tough. You need to focus into operating a gambling because it's not that something you can control easily.

For me ,it depends knowing that BTC gambling and altcoin accepting is good .It will be profitable if your Gambling site have many players.


Yes, especially if it is interesting gambling make sure to provide a tutorial and some videos how does game works before they play .In that move you will know how they will feedback and be excited or not in your new gambling game.

Not already , Just believe and do what you think would be great and unique for your gambling site to be competitive than others .If your gambling site is catchy and added some unique different taste from gamblers sure it will be worth all your works.

Looks like you got it all set-up. However, I suggest you do a soft release. You can ask a reputable
SR or above member or specially those experienced members here that gamble on on-line gambling
sites so that they can test your new on-line game.


I don't think that the market is saturated at the moment. So putting a online gambling site
is still profitable. I just have a few questions.
How much bankroll are you going to put initially?
How much of your marketing budget are you allocating to online marketing?.
The reason I'm asking this is because I considered those 2 as important factors to
succeed in the business you are getting in.


Goodluck to your project and wish you well.

i don't think there are a high profit anymore, look at this place there is too much competition, and the big boy have already all the customers, you won't get much but the investment to run this sitr still is big, and risky, and aditionally you need trust at the beginning or no one will jump on your ship, and to do that you must lower fee and your edge, which mean lowering your income for the first months or two, not worth it for me

Fiat gambling sites is good but you must have a permit in operating it to avoid some legal charges against you.

If you are quite familiar in this forum. You would know that most of the signature campaigns includes gambling sites. Basically most this campaigns runs for a year or more which means that yes it is probably one of the best earning platform. Just imagine those signature campaigns paying i guess 1btc or up every month or week

In all businesses to success marking is a most important thing. Even though you have a great product but don't know how to market it then no use of that great product. So until your site become popular you should find some expert marketing person to promote your site in social media and on this forum. Also to attract initially new players you should come up with very attractive promotions and another important thing is should have a good support to team to handle all the issues and should respond very quickly,

Marketing and giving out attractive promotion are important things to attract new players and in order to keep the players the platform has to be interesting and for all these things you need to have a good bank roll to keep everything rolling and if you could add some interesting games then you will be having a successful business.

Passion won't be enough.  You'll also need to spend thousands on SEO linkbuilding because gambling is a very competitive niche.

Yes you have to take the start as the players nowadays for BTC based casino are much more but for the success you will need an expert planning for promotions and bonuses for the people because in the start you will not think for your profit but will give benefits to the players so that they will attract to your casino.

If u can code backgammon and rummikub game i can find a lot of users for u. Especially backgammon. Its common game in Turkey. Im searching for backgammon game for bet with btc but cant found anywhere.

For example bet for 0.01 winner take them all.

Rummikub can play 2 or 4 players. 4 players r better. It can play with a team 2 to 2. If i will find a site gamble with these games i can play until my balance 0 and i know lots of guys like me.

These games r so funny. People can spend lots of time with these games.  

I think at this point isn't interesting anymore to operate a new casino. There are many casinos already and it already supply the current amount Bitcoin gamblers. It will just worth if you come with something new that no one have, an original inedited casino.

When more people start using Bitcoins, maybe this idea could be good again, but now it's too risk and probably you can lose money trying to be a part of a saturated market.

If I had the money and skills along with it, I'd definitely open a gambling site. I think its the best way to make money while not really doing much work once it is well setup.  What I mean is the return of investment is always there if you have a big bankroll to advertise the casino. If you dont have the big bucks for keeping th casino running, you could try to crowd fund the project.

It will be a challege to run and operate an online gambling site because hackers are looking for new ways to rip you off and it will be a constant pressure to be above them and the major factor you need is the bank roll to fund everything .Then only comes the promotion and other stuff.Having a good security is essential for an online gambling site.If you can do all those then it is worth a shot.

Really, It's a great project. I think you worked hard to create this site. Don't like other people who bought script and just copy / pasting.
So about the gambling site, I think it's nice idea. Many people like gambling and maybe a lot of them are addicted. so if you build your site correctly and adding all sections of gambling, with a nice design and easy to use, it will succeed. I assure to you.
Anyways good luck.

It will be worht it if you have a good build team that every each of one can protect your site from fraudulent and hacking. 1 member for database, 1 member for development of the gambling site and need more 2 or 3 support for your website.. you can not manage the site if you are the only 1.. and it will worth it if the game is unique or the gambling has a good design..
Operating those gambling site who are staying for too long here and i think they are not only 1 person they are all has own skills to protect and fix bugs the who gambling site..

No need to build bank links to your gambling site instead find a good way to promote your site in bitcoin forum and run some good attractive promotions then surely they can attract may gamblers. Marketing, bonuses and promotions are very important in gambling industry than building backlinks.

You are right no matter how many new and old casinos sites exist in the market gamblers always look for more and more sites. I think though that now the market being so stable that people have their fixed site for simple games we need to give the gamblers some new sort of games or at least new concept with the same old hashing system for verification.

Yes, gambling websites will function successfully with at least a small profit. Because these days gambling websites with bitcoin usage is gaining more importance than gambling websites with fiat. Adding unique games with increased winning possibility will reach users easily.

i agree with that but it is not like if you just make a new website it will be successful and make you profit!
you can see how many new online casinos start working every day and most of them dice games and none of them even become popular enough for us to hear their names.
it is because people think since other sites are successful if they make one, that would be successful too!

In my honest opinion... bottomline is that it's not worth it.

There's always the element of risk vs. Reward, etc
But also it is a huge investment and making something that would attract users (and isn't already out on other well known gambling sites these days) is extremely difficult.

However, if you (or someone else) believes that it is an educated investment then by all means go ahead and pursue it!

creating attractive bonuses and good advertisement will help your gambling site to be more recognized, just making sure that your trust
will not be affected of any kinds of bad feedback, this where the business will start to be more profitable, gaining more gamblers to play
inside your house.

Yes, there are many a BTC gambling sites now. operate a BTC gambling site are very worth it. But to make it a profit does require hard work because the competition is very tight, there are many a gambling site here and only a few can be successful and be trusted. Still need good ways and strategies to be successful and played much of a gambler.

If you have  willing to start then start your gambling site but you should keep some best things in your mind to make your gambling site more successful .
1) Make a free faucet option ,like freebitco.in
2) Gambling system like high/low direct bet system .
3) Make site browsable easily at mobile as well as desktop .
4) You should have 5-6 BTC to make better start of your site .
5) you need small advertisement for your site , so that everyone comes to understand about your site and service .

Don't bother, community is truly saturated with all kinds of gambling services plus a few of the best casinos are owned by admins and staff here so you'll probably need to advertise heavily, I noticed that you said no matter what we say you'll do whatever you want, so do whatever you like but be prepared to get rekt :D

It's not good to lose one's interest in having their own, the business is not that saturated as you think, we are getting more adopters now. The competition will always make gambling sites serves the gamblers with the best because they will also want to be on top so they maintain or improve their business. But since this is a big business, you also need a bigger amount to start, otherwise just don't do it.

Considering the advertising cost would already cost your much, you much has some back up funds for your bankroll to attract gamblers.

Please everyone, do no think it's easy to run a business, establishing is the easiest part only but to maintain it, that's a bigger challenge.

Its not really good to discourage someone when they do have plans on building their own gambling site since they do have their own will to do so.We are here just to give opinions but seeing on each one of them most of it are right since market is somehow saturated and the competition is very high.

If people would stop starting new business because markets are already saturated, that everything would be monopolised and we'd see decrease in quality and increase in prices. Competition is in interests of consumers, so we should always encourage entrepreneurship. As for casinos, there's still a lot of room for innovation, some people might like more sophisticated games or things like pvp games, or some new forms of betting. But ofcourse if you create another dice site you will find a hard time attracting any significant amount of players.

You seem to have it all planed out, so I don't see why it shouldn't work out.
After reading everything you said, you seem to have all the necessary support for logistics, and according to your opinion you have a catchy game.
I think that is the only thing that could go wrong, since we still don't know what game is, and it could be a good game to you, but not to the public.

I hope we will all like it, but maybe you should evaluate the market first?
As for the market being saturated, well it depends. There is a lot of gambling options for sure, but they are all very similar, so since you say you have something new and good, I don't see any problems for your business.

The market will not be saturated and as long as you offered a new catchy game. And if this catchy game clicks then you will profit and your risk be rewarded. Looks like you are pretty much set it up, so goodluck.

Have seen many catchy games with good graphics fall within a month of it's launch.Trust me,it's not about doing something different ,it's about doing the same thing better than the others.Market is saturated,agree but with full of opportunities. To.To stand out,either you need to be heavily invested or compound funded.You need a lot of money for marketing rather than setting the website up.

Hackers ca be easily avoided by making sure that there are no easy bugs to exploit and there is not much money in the hot wallet so in case hacker does his best to access the wallet he just gets a hundred dollars.

That been said I think the main feature people demand now is the giveaways and contests going on because almost all of us know that we have sufficient sites that are honest and instant but yet if you want the gambler to play at your site then give him something lucrative.

from what i have read from OP i don't think he is just copying other people's games. and yes market is saturated with some particular games such as dice and if someone tries the same game they will have lots of problems but there are a lot of other games that has no good casino to play at.
if he really makes a new game that is also interesting and advertises it properly then he can be successful.

If you're dedicated, it's a good idea. The problem is, is that it's a long road to gain even the tiniest bit of reputation and you'll have to be really aggressive in your advertising, otherwise people will simply forget about your site.

What you could do is make a site script, and sell it, or do some jobs.

The only reason why it won't be worth operating a BTC gambling site is if your state disallow gambling. You wouldn't want to operate illegally online gambling site for once you are tracked, its going to be a hell of pay time for you. But it could be done stil if you partner with someone who are located on states where online gambling isn't opposed. House always win by the way, if you are the house of course if going to be a profitable business. People looking for opportunity strive hard to create a dice site for a start.

And even if bonuses are given they should be given in such a way that the gamblers don't just exploit it and forget the site forever.

I think more important than games and promotions is the security section which means that we at least know our funds are secure no matter what happen in the world and the admin is active often so we can discuss like for talking with stunna you need 2 years I guess, not complaining but he is too busy and hence it takes so long.

Just imagine the current price of bitcoin. Yet somehow it seems that they campaigns from gambling sites has no changes at all which is for me means that they are not so much affected of the currrent bitcoin price hike.

  Why arent they so affected? Well who knows? Maybe because they can still pay the price

There would be no effect at all since their bitcoins would grow and even they are paying on fix campaign rates it doesnt matter because its just on the same story.No matter how bitcoins price would hike they will still not change payrates which is really an advantage for its promoters.

I did notice that there are no changes on payrates but i do also see some campaigns who lessen the payrates because of sudden price increase of bitcoin but well they have their own different decisions.
Back to topic, its still worth to build a gambling site it just really need proper management and planning on how you gonna run it to attract potential players on the site.

first of all, when you are running some ad campaign (not just signature campaign) you dedicate the funds beforehand so when price goes up your funds are still the same. and you are still paying with bitcoin.

also it is still a lot cheaper than banner advertising on anywhere with this much view. even the forum banners would cost more.

and last but not least, people are gambling with bitcoin so these sites are earning bitcoin and also paying bitcoin so it really doesn't matter much how much bitcoin price is worth.
unless price goes up really high such as $2500 or these sites stop making money i don't see any reason for them to reduce their payment.

as an example you can check out bitmixer.io signature campagin. they have been paying the same rate even when price was $200 and still paying the same rate even when price is $1300!

It is profitable if you will make your site to be well known and popular. But don't always think that gambling sites will have profit easily in the first place or when it comes to starting your operation. You need to have capital also for making the popularity of your gambling site higher. And that will be worth it when you effectively made your site popular.

Right that they are psying bitcoin. However the price would really still varies on the part of their gamblers. Why?  Simple becausw it is still from the fiat which they converted so that they could play. The higher the price the lesser bitcoin that they could exchange which also means that it could lessen the gambling owners income

Actually a complete sportbook based on bitcoins may be the best option right now since you see directbet offers the support and coverage but fails in odds which is covered by nitrogensports but low coverage and less active admin then comes cloudbet whose everything is fine but the support is terrible and the withdrawals have always been in question.

I think it is still profitable to run a casino, but you need to be outstanding so you can attract people to go to your site, I suggest you come out with a new idea of games, if you only got a usual game then you need to compete with other famous casino

Well this is one good profitable idea :) but the real question is how can you get user's or gambler's to trust your website? That's a great plan and a big one of course its really difficult you must surely make have a support from other major websites those are popular so that your website will be user by some gambler's and also i recommend you for easy gambling sports games :D just bettings :D

What type of game are you developing? Dice?

How are you going to prevent hackers?

I think to reach the success with gambling site in the most beginning you will have to invest a lot to promote your site and to get the status of trustworthy gambling site. Add to that nothing will be posssible without players. So you have to count to be profitable it will have to pass pretty much time. I wish you much of luck with your idea, cause I think this kind of business can be really good nowadays.

One best thing about bitcoins gambling sites owners is that they don't really have to spend money on SEO and other promotions like backlinks since they can just make a thread here nicely and they will already get 90%of the gamblers who actually gamble with bitcoins.
SEO and backlinks are important when you need a site popular in search engines which is clearly not required here.

I agree with you regarding SEO. Although having a signature campaign here help in getting  traffic to your new website, but you also need to have a good SEO to really rank good in Google specially when gamblers are searching for a gambling site. So saturated or not, SEO is a must to rank your website against competition so that you can attract more players in your website.