Bitcoin Forum

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

You would need to hire some front-end and back-end programmers for this one but of course you should need at least know if they've created something that hasn't any leaks or exploits left behind.

Yes, you do have the capital but you cant ensure the total security and this is one of the cons if you do built up a business specially online then you should at least having those basic knowledge.

Next, is to find out on what are the games which are on demand nowadays and make out some good marketing step and of course hooking up players via promotions and bonuses.

Hiring some programmers I think is pretty good if you want to really dive in there but it will work better when you are there, although not at least you have to understand the basics in it because this is very supportive for your site make, that way you can analyze and can minimize data leakage, besides that you can also find out how your team works whether it's good or not.
but even if it does feel easy, it will be very difficult to do because making a site is not an easy matter and of course requires time and sufficient capital.
this is not without reason because to make your site you need a domain which is indeed the first step, besides that Hosting & Website Building is also quite important because it is like the home of your website, make sure you choose a really quality hosting so that later many are interested .

other than that, if you are really serious, you must also start looking for information about games and what rounds you like now so that later you can become competitive with other sites.

You need a team, you need capital and you need a lot of time. If you're serious, you can create a team recruiting thread (and that's a lot to prepare for). Not only capital, if you don't start learning first from your gambling journey.

So instead of talking about things you don't believe about yourself, then try to get to know gambling a little bit longer. Visit each gambling, do your research, what are the advantages and disadvantages of each gambling you visit, record them all as a benchmark for your goals.

Remember Rome didn't exist overnight, so you have to learn a lot about gambling, for which the famous gambling games are already available on this forum.

You need to take your time to research and build knowledge about how to operate a gambling site and also build a team that comprises high-tech programmers that will build the gambling program for your site. Having capital is not the most important thing to operate a gambling site. You need a lot more than that, ops.

There is a lot of competition in this field and maybe this is not the right place to be asking such a question - few owners will be interested in helping and that just leaves regular users who are as clueless as you. The best thing to start searching for is white label solutions - the best way to start off is going to be a pre-built solution from a reputable established company. That way you can get a feel for what works and whether running such a site is suitable for you. Yes you might not get access to the front or backend, but there are so many security issues that you'd have to be aware of that it's better an expert handles it. If you start hiring developers and cannot understand the code yourself, beware that it might have all sorts of vulnerabilities or backdoors that could leave you penniless later on.

When capital investment isn't an issue then developing your own gambling site is few steps away. Because there are people around to help with the licensing, developing and marketing. Even there are scripts kept ready for usage, you can also buy and give a try. Everyone have a thought about making a gambling website and make good money out of. Prior to starting it as a business, learn how many have lost through the same business.

It will not be an easy task to establish a reputable site as it will require lots of effort and computer programming knowledge, gambling business environment has been a competitive one lately and you will have to hire the best set of computer programmers to help build a suitable gambling platform.

I don't have finances and don't have experience in football management but still want to own as amazing clubs as FC Barcelona, Real Madrid, PSG, etc.

Okay, well. First of all, have realistic dreams. To fund a casino, you don't need to know coding but you need to have capital and good connections for that. As you mentioned, you have capital. Then, you could hire HRs, developers, lawyers, register business in offshores, etc.

If you want to get all in one business, then seems the shady company (1xbet, 1xbit) offers betb2b platform where you get the whole ready things.

Go to the Gambling(https://bitcointalk.org/index.php?board=56.0) and then browse there, look for those specific threads that are offering a service of building your own casino. They're going to do everything that you need but after that, it's all on you on how you'll maintain and market it.
There should be another budget for the marketing because it isn't easy to give attraction to your casino especially if it's just newly launched.

yes, definitely will need a programmer and a designer
you can search on these freelance websites maybe? like fiverr or upwork
better to hire someoe that has a track record and worked with other clients before if you're looking to do something professional.

good luck!

^ Must be a professional programmer and designer that won't ever let you down.
It is really hard to find someone at this moment, that is truly working hard for you and never scams you in the end. I suggest finding near you first before looking at random people on the internet, it is better if you will interact with the programmer physically than the virtual one. We never know you are dealing with the scammer all your money will be gone as your capital. So be careful too.

Whatever you do, please don't set up another crash site.

There are simply too many of them around right now that have had no innovation whatsoever.

Blindly copying/pasting code from a template is not going to attract you a lot of players at all. You need to truly differentiate yourself from the rest of the crowd and have a well funded operation in order to survive.

this is actually important, do you really have the bankroll needed to survive in this business, even before you start earning to survive? how long can you wait to get your first few hundred bucks of profit? setting up is definitely easy. but maintaining the site and not be discouraged by what it may turned out is another thing. you can't expect that your game will be a hit at first run. also, it is better to check the gambling board and see for yourself bout the site threads, and you will get a very comprehensive insights on how they run their business.

You don't need to have a pre-knowledge about coding to embark on owning a gambling outlet or gambling bsite. You can hire a back-end programmer but for it would still be nice as time goes on you get the knowledge as well so you can fit in properly into the business and give your site the very taste you desire

Definitely make sure that you are well capitalized first before you move ahead with your plans.

Also ensure that you are hiring the right people. There have been plenty of instances of failed dice sites/casinos due to internal security flaws.

Keep the games simple. Don't try to do too much at the start because there is simply no reason to. Focus on one game or two.

Gambling is a competitive market. Over the last 10 years, some crypto gambling ventures have thrived. While others have gone bankrupt.

There were crypto based sports gambling sites I used around 5 years ago that went bankrupt and sent out emails informing account holders they had 24 hours to withdraw funds or they would be lost forever. There were others I've seen who resorted to desperation measures to stay afloat. Offering a share of their profits in exchange for funding liquidity, in an attempt to stave off a negative balance sheet.

While a lot of money can definitely be made. Its common for money to be lost as well. The gambling industry is somewhat resembling the silicon valley dot com bubble. With many looking to get in, expecting to make easy money by simply throwing more money down the rabbit hole.

Hope everyone succeeds. Hope everyone takes whatever steps they need to succeed. But there have been many who have not, which could mean the barrier to market entry could be high.

Well good luck with that, there's a bunch of other gambling casinos out there that have been operating much longer so the competition you'd get would probably be a lot. First few steps should be quite obvious, get a license to operate a gambling business, get some programmers and probably some other staff as well that would handle the day-to-day operations of the casino, then next would be understanding the name of your casino to other players, like for example, here. It'd probably be difficult for the casino to make profits if you don't have anything new to it or if you can't get it's name far, so do be careful with that.

As others have said, you need to hire programmers to do the code for you. I can't recommend you anyone, but you need to be very careful in choosing the individual or companies that you are going to hire. Not saying that they will scam you, but there are chances that they might inject some backdoor into the code. So hire someone with reputation or the experience to developed your gambling business, so best of luck!!!

Why not ? I honestly think it's not that bad to start another crash site even though there's a lot of them you can still stand out just like some of the dice sites we have now. Like you've said it all comes down on how OP could make his game more unique and stand out against the rest of the competition. For example rocketpot used to have a unique crash game where they have three jackpots. After that he could start adding more games or other features depending on what their player wants.

You need to learn how to manage given what you've just put in your thread, I assume that you don't have the adequate knowledge to operate a gambling site, not to mention that you're going to be needing a lot of money to be able to operate in a stable fashion because it's gosh darn expensive to maintain a gambling site including the taxes.

It's not enough just because you have a large capital and also like to play gambling, you can build a gambling site successfully. You need a lot of
people who have to help you, especially most importantly you need a programmer who is experienced in the gambling industry. Then you need
someone who knows the law, to help your gambling platform get a license. No less important is a solid marketing team, which can make many
gamblers able to play on your gambling platform. All of these things require a large sacrifice of time and money, then maybe you can start making
profits after a few months. So think again if you are ready with all that.

If you have the money, you have what it takes to start the ball rolling. I guess the first step is to have an idea as to what you want to build and create because this is what you need to relay to your people or team as soon as you have already gathered them. Of course, when you have it already then you will list down the talents and skills you need to have. You will be hiring people based on this list.

But first I think you need to expose yourself well to the business for some time before completely jumping into it.

You must learn first what are the types of gambling that you wanted to pursue because there are so many gambling available and you cannot just
ask for operation when you have no full knowledge about what kind of business you wanted to operates.

then Hire team like what the above posts given,there are many available here and best to look for correct person here


https://bitcointalk.org/index.php?board=52.0

since you have a funds so i cannot see anything that will hinders you .

You already need the capital, so I guess you have the basic requirement to start a business.

However, without enough knowledge, you cannot run a business successfully, you need a team to run the business, which means you have to hire experts in this kind of field, and not only that, aside from the operation, you also need some advisers to ensure that you will not be scammed.

I guess you have to start educating yourself first, it should start with the law in the gambling industry so you'll be safe against the regulators, and then the strategy on how to compete in this big market.

The most simple and the fastest way to start your own casino is by purchasing a ready to go gambling software but you need to do a lot of researches to find the most reputable/reliable software provider. But if you want to have a unique casino, you have to hire developer/programmers. It may take longer time for you to get the casino ready and may cost you more money. My suggestion, go find a person that you can trust who have great knowledge about and experienced in online casino.

Do you need any other advice, if you want to start a gambling business and make a profit.

I've seen a similar thing wanting to run their gambling business here asking for some advice they're doing it.
Try to read the two history threads below, these two threads will show you a better idea in doing the gambling business.

1. Topic: [GUIDE] Online Gambling Affiliate - Make Money Promoting Online Gambling (https://bitcointalk.org/index.php?topic=5240342.0)
2. Topic: How to Start a Bitcoin Casino/Sports Gambling Business (https://bitcointalk.org/index.php?topic=5131758.0)

And this one is additional advice that has been in the language and has some ideas to take.

3. Topic: Where to open an online Bitcoin Casino (https://bitcointalk.org/index.php?topic=5220760.0)

Good luck and success in running your gambling business in the future.

if you have the capital, better to hire someone who've experience in the field. sure members here could give you advice on what to do but in the end someone who has experience would give you a more informative and detailed ideas on the field. also, if you plan to hire a programmer, better learn how to program too. there are programmers who will make a loophole in order to abuse your website.

My advice is that you should not be using other templates to start your casino.

Whilst tempting, you are going to get a completely mediocre site design that is not going to last long, attract players, or produce yourself a profit.

Also, just be transparent when you first start out. Sign a message where you can show that you have sufficient bitcoin reserves to pay out any wins.

You need developer rather than programmer since the developer have a bigger scope of work rather than programmer, programming is just one of the things they can do. In setting up a gambling site of course you need a good developer that will develop the frontend  and back end of website, you should also consider hiring advertising team but if you are tight with your budget I think you can do it by yourself but you may need to work a little bit and lastly you need to have a gambling license of course it's required if you are going to run a legitimate gambling business.

You need to create a trusted and skilled team for you to create a good gambling site because, to be honest, it will be hard for you to make it alone. You'll be needing a professional programmer's help. You also need to learn from the strategies of top and trusted gambling sites so you'll have an idea of how to operate them. Capital isn't enough but you also need knowledge and techniques to make it work in the future.

Creating an online casino that will look exactly the same as 100 other online casinos won't do the work.
You will have to find a way to stand out of the crowd and be creative and original.
It's not about webdesign and how the website will look.I'm talking about website functionality,having interesting games and being honest to your customers.
You would need a big marketing/advertising budget and some bonuses going on,so you could gather more customers in the beginning.Security is also a big issue.
Crypto gambling is not like offline gambling,the casino isn't guaranteed to make profits,mostly because the competition is furious.

I'm sure that you can't run it alone, you need a team for that. It seems that you have a budget for this I think you should hire a great team member to create your website, promote your website, run advertisements and other legal things but your number top priority is having a good bankroll. I see some users here that creates a gambling site with not enough bankroll and the player won and he didn't managed to pay him that would really affect your reputation.

You already have the big advantage to setting up your gambling business mate but I bet it would be hard for you to make it all possible by yourself since you've mentioned that you don't have any knowledge about computer code so better to used a portion of your capital for a front-end and back-end programmer. Also create a team that will help you a lot to make your dream gambling business work and effective. Also, know what kind of gambling business you really up to before setting up all these in action.

If someone comes to this forum just to ask how to set up a gambling business it's trolling! Especially when it starts with "I don't have any knowledge, but I have money"...
At least I think it's trolling, in the best case, in any other case OP is a clear moron who calls scammers to spam him, what will happen when they see "I have my and I am stupid", they will offer him to do all the job for him (any job) all he needs to do is to send them coins!

This is not the first thread of this kind, and I am sure it's not the last one! I see some nice comments, people who made an effort to give some good pointers where someone can look for information about how to start your own business, but I guess it's all in vain! Like it was before many times!

Just not sure you have something to start with, because to start something big will certainly have very careful planning and it's not enough to just randomly ask for advice. I personally do not have a view on this because I am aware, I do not have a large capital like you and also, limited knowledge at least that makes me only able to enjoy gambling. There are so many steps that you have to go through as a businessman and it's not only about coding, because apart from that there are also many terms and rules that you have to submit to the government or related institutions to start the gambling business that you dream of.

It depends on the budget, if you noticed before that some gambling site UI almost look similar with just little differences, it is because they are using an already existing code to build such site, the programmers will just only need to make little changes to the code and make the site run smoothly, but this type are for those that just want to start a gambling site with certain amount of low budget (the budget is still huge), the code is built from scratch, the cost will be higher and very more costlier that building it on already existing code.

Thank you for trusting the community by asking about your interest, you need to hire good coders not just coders but coders who you can trust, a coder that you can meet in person is a good option so you can talk about the details of the design and the features, it's the most important part of building a gambling site.

The license will come after you launch your gambling site, but getting people you trust that will help you run your gambling site is the first thing that you need to do, you need good and capable people because this is your first time running a gambling site, if you can talk to an administrator of gambling site it will help you to gain insight.

Aside from the money that you obviously need, there are some things that you need in order for you to create a successful gambling site.

1. Manpower - Programmers and when I mean programmers, expert ones. Spending more money for them would be better if they can secure and maintain your site.
2. Knowledge - of course you will not make a gambling site without knowing it right? Money isn't enough because there might be a scenario where your own people will go against you and will ask for more money or the like.
3. Passion - well, you need to love what you are doing in order for you to be a successful gambling site owner :). Maybe not that important for others but I believe that when you are loving what you are dong, you will become successful :).

Good luck in your gambling site creation :).

I will advise you to meet some team that is already in the gambling business and have a successful operating gambling site to seek advice on how to go about it rather than relying on some random advice. As I earlier suggest, get a good programmer that will work on the coding for your site personally.

If OP wants to spend less, a mentor can probably do the work and OP can just form his/her own team from scratch to try and make it as square one as possible. But if OP has the money to create an established team, they'll be setting up things much faster than a regular team made from scratch.

If you want to organize your own online casino, then you need to study the sites of competing organizations very well. 

You have to rate their sites from the player's point of view. 

Ask yourself questions - What was done well?  What could have been done better? 

Based on this analysis, you draw up a technical assignment and pass it on to the programmers.  You will need qualified programmers.  Necessarily with experience in creating similar sites. 

You will also need an experienced marketer. 

Your project must have a competitive edge over other similar projects.

It's better to take up a course and talk to a real gambling operator so you'll know where the road to take, it's hard to give advice in the back end of a gambling site when I can only grasp or am familiar with the front end of a gambling site.

We can only give you advice on how to properly promote a gambling site or what gamblers are looking for a good gambling site, but when it comes to running it and profitability you need to talk to operators or administrators, you'll also need huge money for marketing as the competition in gambling industry is very tough.

I think that a white label is the fastest and easiest way to start the casino business nowadays.
You will spend a lot of money and time hiring the team needed to develop a standalone platform.
A white label solution can offer both backend and frontend solutions.
You can also outsource the customer support, so the only thing that you will need to deal with is marketing.

Once you will have your white label casino up and running, you can start thinking about hiring the team for upgrading the product.

Yes White label can give you the fastest way to start your very own gambling sites there are trusted and reputable white label casinos builder that can give you what you wanted in a gambling site that suit your needs

Check this article about white-label it will give you a headstart on how a Whitelabel works what to look for and a list of trusted white label

Casino White Label and Platform Providers Explained – What Is The Difference? (https://www.newcasinosites.co/articles/casino-white-label-and-platform-providers/)

Having an online gambling site will certainly make quite a lot of money and of course it is a very profitable business, but of course it is not an easy job for us to build the gambling site, moreover we do not have good computer programming knowledge, but it never hurts for you may work with several people who have expertise in computer programs and the internet so that you can start the business with several teams who are experts in their respective fields.

Do you want to try a gambling platform? it is a good idea but I guess its better to find first a web developer that can handle the front and back-end of the website also with the database management I guess this kind of objective requires a good budget for the developers also you need to consider the multimedia part like creating a logo, design, wireframe, animations and many more. You can create a thread on the services board if you want to find out some of the legit members willing to work with you still care and choose wisely.

This ops advice will offer you a 70% success, white label solution that will help you avoid the technical and stress at the early stage. When you add your marketing and upgrade in the future, you will then have 100% success. This is the most technical advice I have seen on this thread.

It is not easy to find the right mentor, especially if he searches for the right person from the internet because he can meet people or groups that only want his money. But he can hire a freelancer from the website outsources and make a deal with those people to start his work. I think hiring some people from the website can be a good idea, but he needs to calculate his budget. Or he can ask his friends that have skills in coding so he can discuss everything with them.

It is easy to find a team that will make a gambling site, which means it is easy to find out the price of this issue. The problem is different - marketing. The most difficult and expensive thing is to attract customers, and here the costs are very difficult to estimate in advance, since most niches have already been divided and competition with already running projects can be too expensive.

Another thing is that not every gambler can start a gambling business. You not only need to have good amount of funds to start this business but at the same time you need to give a lot of time and dedication to this project. This is a full time business which can give you god return if you work hard but initial investment is high in this business.

Then don't look for them online, there are coaches out there that's offering their services out there in the real world and a mentor isn't someone you just found instantaneously just because you were looking for something.

It is difficult to find a team and people you can trust, so in my opinion this will be a big obstacle and there will be no progress whatsoever in building your gambling business. Then what can you do so that all of this can be resolved and form a business that you can fully manage? what if you end up choosing a physical casino.

It is ideal the advice you give, but don't forget the risks too, because no matter how far the reach of people who are far away and cannot be proven by the reality of their physical performance, will it be something that smells of fraud. Often offers programmer services as well as design services but underneath it all there is a way to find an upfront payment.

If the OP really means it, use these reputable forums and look for members who can provide reasonable assurances for what he's looking for.

Do you have a license to operate a gambling business? If not, get one first. It will not be cheap, depending on the country the gambling business should be operated from. Furthermore, you do not need any programming skills. There are many providers who specialized creating slots and gambling tools you just need to buy and install. If you then still need some technical help you can hire someone, a freelancer for example. However, I don't recommend to run such a business if you need to ask here for help. You should at least calculate with $1mln+ as capital you need to be at leat a little competitive to all the big players out there.

yes, with web3 and solidity, integration with injected browser and metamask there's definitely a lack of good professionals on the market since most of the good ones are already busy working on other projects

I bet it's a market that will grow a lot in the coming years
we'll see

You can hire developers, programmers and advisors when you have enough money and with the clear idea. There is no need for technical level skills to own a business but if you have then it gives better understanding than a common one.

But operating a gambling site is not simple as you think if you are not aware of it since every gambling sites needs license and they have to huge fee every year for that license.

There are way too many ready-made codes these days, so you could just simply get one that is very much loved and trusted by the community. However it is always money, because without money you could never have a proper casino and nobody would come to visit your website. At the end of the day, it is something that you would have to spend on marketing, spend on staff, spend on servers, spend on security, spend money on basically everything. The highest amount is always marketing, because you could spend 10k dollars on marketing and that would be basically nothing, in any other situation spending 10k on a new startup is a good amount of money, but in gambling that is nothing.

but will it be useful too?
because of course if you ask business people who are actually involved in gambling it is very good but it does not guarantee that they are telling the truth.
not without reason, they certainly will not be stupid to provide information to their potential competitors.
except maybe if our intention to join in terms of capital it will make more sense.

but I agree with your opinion that programmers are very important and needed in this sector.

Get a good programmer to do the job for you while you manage the site or still have the programmer do the management for you. You should also find out the laws governing gambling business in your locality so you don't spend so much on developing a gambling platform only to shot it down due to restrictions and unfavorable rules

Since you don't know to program then it's best to consider the option Lanatsa proposed by hiring front and back -end- programmers.

I'm sure if you talk to a freelance programmer on well-known sites like Upwork and freelancer then you would find some good way to build a gambling website.

As easy as taking a team from online for the purpose of managing a gambling platform, but even harder to find someone trusted. Because you will find a lot of people who will want to work with you for their own benefit, but at the end of the day you will see that you can't go far with the project then it will create a very bad situation. Hire a good developer and hire a good advisor who can guide you in the right direction.

Because running a gambling website is not an easy task, you need to be aware of various issues including laws. And running a gambling website is costly enough, you must keep that in mind because you may not make a profit in the beginning.

The most accurate informations that may help you you will find by talking with someone who already has experience in the gambling industry. Here you will hear many different opinions and guesses based on the personal beliefs of each one, but not necessarily on their own personal experiences.

The only thing I can recommend is that you look for a trustful programmer expert who can at least assist you when dealing with another programmers who will work in your gambling site. Also, make sure to hire employees in a legit platform or just pay them after the service is done. This way you won't get scammed or end with a poorly made website full of bugs and security flaws.

Anyway, before spending money in this project, make sure there is enough demand and make sure you can stay competitive in this market.

This is very true. As we have a lot of casinos already, staying afloat is too difficult because of competition. You need to stay relevant so the interest of players will be sustained. Even if you have bankroll to sustain the first few months, still it is not enough to rely on the thought that you can easily get profit after few months or so. Do you think you have the capability to attract these gamblers and dedicate their time to your site, some things to consider as these factors will only be revealed once your site is up and running.

I read many replies and many advices are good to help, not just random advices.
One single dev won't really help. Building a casino is a team work and no one can create it individually wihout calling for help [without to mention laws and juridictions in op locality or wherever he wants to lunch his project]. As also running a casino isn't an easy task that can be made by a single person.
Seeking for advices here doesn't mean that Op aims to fnd the easiest cheapper way because this is almost impossile either you hire a team from bitcointalk or from outside the forum. Building and running a gambling website should cost a fortune. Seeking for investors should be the first op goal .

My focus is more on the capital, are you absolutely sure what you've got is enough?

I mean, the capital in this aspect doesn't end at hiring a programmer to set up the whole thing and hiring staffs to watch over the whole thing. The start of a business especially one that has the possibilty offline high returns over small investments or stakes in this case like gambling always poses some risk at the early phase. Supposing you've got less patronage which is likely the case with start ups and you happened to have a big win on your platform, far above what your profit your customers, its going to weigh heavily on you and your platform would be considered a scam.

So, you really have to be well prepared on the finance side, big wins happens and anytime.

I fully agree,
Mainly because in the beginning it's necessary to invest heavily in Marketing and Promotions.
This area, Gambling, is already quite saturated with several sites of all kinds, so giving visibility to the site itself with a lot of marketing and attracting users'
desire to visit them with really captivating promotions is something that costs dearly.

In fact, it's necessary to be very well prepared financially to face the first few months of loss.

I guess there's a problem even OP has a fund as capital to start the business, I am thinking about how the team should be trusted too that you can trust. This is very important because you will never know they are milking to your fund and right after they will disappear. It should be can be trusted or there should be a contract and as an owner, everything they do you must study, dont rely on your staff and the developers, they will I guess having a nad inetention.

OP needs to at least learn the basic before hiring someone or teaming up with someone, even he have funds to finance this business it still difficult for him to entrust his money to anyone, unless he'll take some time to learned the basic coding just to have an idea on how the business will work.

Though everything is available online with the right amount of offers, he can hire coders and he can tie the business up with the online gaming developers.

But the fact remains, better not to start something that you don't any idea, invest with your knowledge and be prepared with all the risk that accompanying your target business.

We can't just randomly attract other people into the team, because hiring other people is not easy. We must at least have basic knowledge about
the business we are going to build, Don't let us be fooled by our own employees. Having a lot of money does not guarantee that the business
we run is successful, sometimes in the process of starting a business, there are many obstacles that arise. I would suggest that the OP is
accompanied by a mentor who understands the gambling industry,  so the steps taken when building a gambling business are more focused.
Actually, as long as we have a strong desire and don't give up easily, whatever business we want to build can become a reality and be successful.

Setting up a gambling business would caused you huge amount of money causing you rare going to put so many things in place before evening thinking of launching your gambling company when it would online or just physical shop or Enterprise. Review is another important thing in gambling, many gamblers are scared of losing their money so they are not that interested in trying a new gambling platform especially when their is no review about the platform or ideas about those who had used the platform to place one or two bets.

If you have the "capital to run the business", then hire people to do it for you. Make sure they are trusted and they know what they are doing. A small mistake can be pretty expensive. You have to hire a lot of people to run the business for you. If you are planning to do it alone, I don't think you will be able to do it after a while.
And are you sure you want to start a casino? Look at the market. You will have a lot of competition. To stand out from the crowd, you will have to offer something unique that no other casino is currently offering.

OP already have a good plan in mind, he just need a good team and a proper execution. This is not easy at all, hiring someone might also be an issue so better to hire someone you know that is really good on this kind of industry. This is not just about buying computers or what, it needs a lot more than this also you need more time. Start planning now, don’t waste your capital yet and ask for some help.

I wouldn't recommend "hiring people to do it for you" just because you have sufficient capital.

It makes absolutely no sense in my opinion.

You're risking the security of the business as well as potentially hiring some real incompetent people when you can probably do a better job getting the business off the ground yourself as you are actually emotionally invested.

Partnerships in casinos are terribly dangerous.

Honestly, running a gambling platform is not easy. It is not only about creating the website or platform and then the effort is done.
No, the creation of the website is the beginning, only one of the steps.
What makes it difficult and you must do is finding the right person that understands many things about gambling, knows a very good marketing strategy and promotion, about the management, development strategy, and also others.
here, the most difficult thing is to gain a good reputation and trust from users, to attract people to use your new gambling site. Because you must be aware that you have many competitors in the gambling world.
that is why if you are serious to build a new gambling platform, better you find a good team that will really support you to create, develop, run, and also promote your paltform.

This is true. It will take some time to get ROI on this industry i=right now due to tough competition but base on OP statement, He seems aware and capable to shoulder all the initial expenses for while. He can start to operate a small casino and build it's reputation overtime before he full blast the develoment and promotion.  IIRC most of the trsuted casino right now like PD, Bitsler, FJ and Cloudbet start from below and they just improve slowly. I witness all there improvement through the years as a regular player before. Building reputation is the key to success on this business.

You should probably acquire at least some knowledge when it comes to coding before you start with this venture.

That way, you can be at least somewhat sure that you're not getting scammed by the developers that you hire, they're not billing you for more than necessary, and worse yet, they're not installing any backdoors in order to extract funds from your business once it's up and running.

And seriously make sure that you are sufficiently capitalized and not short on funds BEFORE you start this venture.

It is true, OP can start with any games but preferably with popular game like crash or dice. Business may start with something small, as long as the owner manage it well then it can improve a lot later. It applies in almost all type of business including gambling business. We have seen many succeed site started with single game but they are improving from time to time.

What is clear, to run a business can not be arbitrary because in addition to having to spend a lot of money, at least he must also be able to find and get exact colleagues. If he himself does not have the basic knowledge to build a business, then it requires him to hire someone else to be able to operate everything smoothly. The gambling business will be more difficult to develop because with the many controversies about gambling itself, then he must have a lot of knowledge and knowledge not only about building a business but about gambling itself which I think all of that must be learned.

If I were him and had much money, I would hire reputable and capable coders and programmers to help me create a new gambling site.
I am sure they can have a new idea to explore gambling games and know what they should give to the gamblers.
Hiring the programmers to design can give a different than the other gambling site to give the gamblers a new experience.
After the site is almost finished, he can invite some beta tester to see if everything can work or need more improvisation.

Correctly needed , because if you know nothing about the business then you will be fooled at all cost since you will be dealing with separate knowledge from other people.
He is confidently in having a capital so i think that cannot be a problem , only the operation is what he mostly in concern .

Most times, when venturing into a new business say gambling in this case and you have the capital to push the business without the technical knowledge, it is good that you get yourself a team of professionals in different aspects involving gambling to get involved in your project to build and run a gambling site, you can't do it on your own, some projects run better with a team rather than an individual.

many good answers and info till now

but

no feedback from the Operator  ???

very strange IMO

If you want to go big, you should hire a programmer on a long-term basis because your website will need to be maintained and some loopholes will need to be fixed. It's difficult if you just bought a template online and run it because the upgrades and features you want aren't very flexible to add, but if you hire a talented programmer, anything you want can be added to your side. My recommendation is to hire a team of programmers and ask them to build a gambling site for you, along with an estimate of how much it will cost and how long it will take to complete or until the beta release. It is extremely costly at first and takes months to build, and maintaining the site's reputation is an additional task.

Having people to help you to design and run your business is a part of the capital...
*Money
*Manpower
*Equipment

All of these things place an important role in business, you can't simply run the business alone but it needs more hands to work it perfectly or at least. So if you think you have enough money to start a business, then you should have acquired them.

I don't have to say it again but the guide on to start your own gambling business is already provided. You just have to follow what they said since you mentioned that you don't have knowledge about computer coding. All you need is the budget to hire all personnel that you needed to do it and acquire gambling license for your platform.

Totally agree with you. Any technical moments are trifles (of course, if you are not trying to create something revolutionary), the most important thing is management - lawyers and marketing who will spend the budget in the right way and establish financial flows. People who look at the business from the bottom up and think about technical trifles like coding are very wrong.

It's true what you all say, that the OP is still too hasty in making decisions in setting up a gambling business. Many things must be fulfilled. Aspects of team selection are also not arbitrary and as long as you choose, the suitability of goals and thoughts that are in line will be much more likely to lead to success. For the OP, he has to think of many tasks that he needs to make as detailed as possible to make such a business proposal, especially in the field of gambling business is not an easy thing.

I know that almost everyone here advises you to have a programmer and team with other skills. But in my opinion there are things that you need to prioritize, namely all the risks how the regulations in your country will also be a boost for the survival of the casino you want to create.
First, before you reach out to people outside the country you live in, you must be able to provide open access without complicating things like system settings errors. You have to do training or some kind of introduction to the gambling business, it doesn't just need intention and interest. Because you will be the main manager in determining a long-lasting business. You should know better than the team you are recruiting.

I hope that OP had read what we are saying here and spare his time to analyze the situation.
And there is one thing I could suggest you OP is to take someone who owns a business if you could find a person who is also in gambling much better as this person will guide and educate you to the things that you need to procure before having in real business. It is much better for you to have a business partner that could really teach of what you have to do because this was not easy, that was the truth.

He last log in two days ago but once he does and he is really interested to launch his own gambling site he has a lot of options and advice to read, hopefully, he can pick the right advice and guide so he can set up his own gambling site and launch it here when the time comes, the gambling community is always here to help people who like to contribute the gambling community.

I think he/she is and as per the last update from his account it seems it's getting better from his/her side. I believe @Sterbens hit it there on what the OP should be taken into consideration first - the legal matters (license and what jurisdiction you'd be in). Marketing, the software, the budget as what OP said isn't a problem should come next (the budget covers the legal issue matters and the team you want to build), just my two cents.

What the OP needs to know is that in every business there must be two things that are certain to happen, namely profit or loss, and before starting you must have a large enough capital and also a strong mentality to accept all possibilities that will happen.
because the name of the business is not just operational costs but how do you have the mentality to answer all the challenges that lie ahead.
Establishing a gambling business is not easy, you have to really study everything well and also need some experienced and reliable advisors because this is a big business and also requires very large capital and must be planned very carefully and not carelessly.
all good advice for the OP to not only learn the gist of it but prepare yourself very well overall.

absolutely correct so let's wait and see if he will show up

That's what should be built first. However the OP is not really serious about building on his idea. In fact he did not respond to input from all of us. Maybe this is just bullshit. The fact is that building a gambling business is not an easy process. At this time competing will further reduce the OP's interest in the initiative. It's just a wishful thinking that can't be realized without the professional team behind it all.

That's a debatable reply but in short yes it's true there will be winnings and losses here and there in a business.
But without considering the variable of losses in the beginning or later on is a dumb move, in my opinion, There's always a chance that some user making a huge sum of money from gambling on the website of OP's website but will he pay that or deny that just because he can't afford losses?

I think in the beginning it's better if OP limits the total bet amount to where they can afford the losses to be.

It's very important to know your capabilities, it's true that without calculating your capacity, it will harm your business once a big whale wins.

OP needs to set this thing out and understand the impact if in case he can't afford to pay for such kinds
of gamblers inside his house.

deliberations and better preparations after collecting all this information in setting this business, never to rush
things as it will only lead you to lose your investment.

without the skills to develop a website that is responsive and works well, you must hire someone who is an expert in that. and also you have hire people to do maintenance and security for your website. and have you ever made a similar business like this before? like a sportsbook broker? or some oldschool poker room build in prepaid software ?

Programmers alone aren't enough, if it turns out the OP doesn't really want to destroy his business. The work as a whole made us not feel that here the OP is building a business which he just couldn't give us further explanation and how he is growing while looking for a professional team. It would indeed cost a fortune and that definitely stopped him from pursuing that desire.

What kind of platform are you exactly looking at? There are tons of established crypto casino already and to compete, you must have some hell of a platform that offers lots of generous bonuses and a robust security system in order for your players and patrons to feel safe. You can also setup a sports book and there are less competitors, though the licenses together with the connection you need to have in order to get your lines ready will be a lot of work. Programmers who will do the dirty work of setting everything up is easy. You just have to have the connections, the money, the time, and the unique idea in order to establish that platform of yours.

I will be very direct, it is going to be difficult for you to create a profitable casino, I say this because you have no deep knowledge about the industry and you do not know how to code, which in my opinion you need at least one of those characteristics to have a chance to become successful.

Now you need to hire two different people with that knowledge while you put the money, but running a casino is very expensive, coding it is probably the easiest part, then you need a marketing campaign and you need to have a huge bankroll to not go bankrupt on the first months of operation, so I would recommend that you do not do something as risky as this.

not only, but also

definitely a person for marketing or a team is really important if they want to grow a gambling website, signature campaigns here can help but are only a minor part of what you need for a website to grow and be trusted on the web, specially when it comes to money and the gambling sector

There's no wrong to make out such step because if you do have the money then its your decision whether you do engage on business or something.So let him be if he decided to make some gambling
site the thing here is that he should know on what he's doing and since he do ask out for some advices then better answer it out rather than on making out conclusions that he wont succeed.
@OP, you should hire some professional on coding your website but of course you would need to pay up some sum for it and you should
be at least knowledgeable on this industry.

Getting exposure in one fo the most popular crypto forum would help, a wise gambler would see a forum's information more valuable that a personal review of a person in youtube because it could be bias, here, if one gambling site has a thread (not moderated), members would see the real reputation of a gambling site, so signature campaign would really help a lot.

Surprised that most replies are suggesting to hire a developer to create the website! If you want to start your gambling business then there is much more than that to consider.
Aside from creating the platform (which needs more than one experienced developer to accomplish), you need to obtain a gambling license and probably you will have to hire a lawyer to take care of that. Also, you have to develop your own games or use some software providers to provide content to your platform.
You should also take care of integrating a secure and reliable payment gateway. Not to mention advertising, hiring a customer service team, maintenance...

In short to make an start-up business OP will literally start from scratch, gather people that could highly help him to make his dream come true and not to forget that OP need to educate himself too because the command or the final decision for the business transactions will be done through his final word. It would be a great factor too if OP could have a computer code knowledge. Overall starting up a gambling business is difficult but possible since OP have had already a fuel to start the engine.

Create a team that will help you in doing everything, you need to have a lot of funds though if you want to invest in that kind of team where you don't have to work a single time because you have the employees to do what needs to be done. Try to find them offline if possible to gauge the character of the applicant.

Creating a team is part of building the business the ops need to first develop his skills in gambling operation from an existing gambling platform after he gains adequate skills he can now set up a team that are mostly technical and computer programmers that will help build and run the site smoothly.

I do not follow this topic closely, but I remember that even on this forum I saw announcements for the sale of ready-made casino scripts + work with existing casinos on the basis of a franchise. I think the last option is very working, given the fact that if this is a real franchise and not a fraud, then for your money you get a complete business model with ready-made algorithms and you just have to follow it instead of learning everything from scratch.

The best source of information would be someone who has already launched a gambling website, but person like this probably will not speak up here, because why help build competition ..  ;) :D

I think if you have funds you need to buy a casino script and learn the basics of how to install and operate it, or just hire someone who knows how to do it. It is much more difficult to promote a casino and attract players to it, i.e. marketing. But you can also hire professionals for this.

Have you already taken any first steps to launch your gambling website?

You are absolutely right. Working in a franchise of a well-established company is a great option to start a business not only in the area of gambling. Working in a franchise will provide support for your business during its formation. The main thing in this business is not to run into crooks, and it is better to choose a franchise without additional royalty payments.  

seems you really have a lot of capital because it could take a long time for a business to became profitable and within this time you can spend lots of money for marketing and other expenses .
i think operating or managing a gambling site dont need heavy knowledge in coding and there are now services that offers a solution in gambling business , they can make a site for you and do other technical things .
 like this one for example https://slotegrator.pro/

In my opinion, at the beginning you should try as much as possible to learn about the operation of this type of business. The majority of websites is that it is enough to throw them on the server and all this. In the case of websites related to money, the security case is very complicated, and the more gambling services.
Without basic knowledge, you will be exposed to a large danger of losing funds.
You must hire specialists and auditors and then deal with marketing.
Knowledge about programming is not the most important, but without it certainly the costs of creating a gambling website grow a lot.

If you start development, share your experiences with us.
Good luck.

It is not easy to find the right people who will join your team, especially if you do not know much about them. Maybe he can use selection among his friends who know about technology and computer programmers, especially those who have experience in coding. It will not be a problem if he can get the right people on his team but not all friends who know about his project will work better between the other friends so, in this matter, communications will be the important thing that he needs to concern.

It would be better to close this thread here. All arguments for and against opening a gambling business of the user have now been discussed in detail and nothing new is added. The discussion is just going around in circles.
We can conclude that the user should not open a gambling business, because he lacks basic knowledge about this industry.

absolutely right and BTW the OP was today active but not in here as he should thank all contributors but he did not  >:(

but he posted here in his new thread

https://bitcointalk.org/index.php?topic=5359235.msg57903450#msg57903450 (https://bitcointalk.org/index.php?topic=5359235.msg57903450#msg57903450)

It seems the OP is too busy to continue to make another thread, instead of having to do research on his desire to build a gambling business, I don't know what is in the OP's mind at this time, does he still want to start a gambling business or maybe not? because it seems he has given up because indeed building an online gambling site is not an easy job to do. ;D ;D

Exactly, and you jump to the right conclusions because that's the point. The OP will be surprised it seems like he started it but he can't give any further explanation. Let's leave this thread and let the OP come read all the discussion. Because there really is no common ground to resolve the OP wish. We tried to help provide solutions and views, but that didn't produce any output.
.

and it seems like here if we look I think the OP is more busy with starting a new thread than doing research and seeing the conclusions he has to accept in this thread. I think if that's the case this thread will feel useless if the OP just makes a thread like this just to add to the list of threads he made not to actually run a business.

but I've never doubted anyone on the forum who I think is cool in dealing with things.
and I agree if it's true that the OP wants to make a business in this environment I think it will only make him lose because it's basic that he still doesn't have the ability in this field, just relying on capital is not enough I think.

In that case, he better not pursue that otherwise, OP will just lose his money.
Running any business is wasn't a joke and it simply needs a concrete plan. It will not only just need of money but knowledge is very important in this. If OP never thinks that all the advice we gave to him will help, I don't know if he will be able to execute his plan.

Now, it was in his hand to make a decision about this. If he cares about himself and the money he has, then he should think wisely and let someone help him instead.

Before you setup an online gambling website, I highly suggest that you check your current laws on your country about gambling. If the law prohibits from operating such, then you already failed the first step. In addition, if the laws of your country allow you, then you should hire someone who is knowledgeable on that field. Though you may have the necessary capital, it is relatively difficult to look for people who are also knowledgeable about coding, etc.

Another thing, even if you do have the capital, you should do your research about the requirements needed.

Let's just hope that op will read many replies in this thread about what op should do to set up a gambling business. Many have share many ideas but I still didn't reply in this thread to look for more information and guidelines. Op made another thread instead of coming back here assuming op didn't come back here. Seems they are planning something about payment system according to the post made by op.

You're right but I meant that OP should create a team that's going to cover everything, from management to the customer service so I don't think it's necessary that OP has to learn management skills probably learn how to sniff that you're being duped by your employees is a much better skill.

Only the OP can close the thread and I agree that the same points have been discussed multiple times, maybe because no one has the patience to read all the hundreds of comments.

Technically, yes, one should not start a gambling site if he does not have prior knowledge but if you have the right resources then maybe still worth a try because crypto casinos are on a high right now. My stake's weekly bonus is higher than what I get at bet365 as loyalty bonus, which speaks of the volume these casinos earn.

Due to the many factors that are really mature in building an online casino business, it is quite a hassle for our finances. Even the initial release has not been able to return the initial capital. Team payouts aren't cheap either. I don't think it's in our realm to be able to build the casino the OP is planning. In the current situation, if I were the OP, I might prefer to just gamble as a newcomer to a trusted casino.

With so many replies here, advice, and suggestions, and OP even doesn't read or reply to them. So sad. because he only desired to make a thread and left it without any comeback here to read or reply.
I don't think that OP is serious about his plan. So, I don't know whether he will back again to this thread and lock this thread or not.
We can report to the moderator in order to lock this thread.

There has been so much advice about building a reputable gambling business, some give the advice, some disagree with the planning because it is risky, and choose to play gambling and others.
For me, as I said previously in this thread, building gambling is not easy, it needs long steps, professional teams, and of course much money in order to build up. there are so many things to do.

Building a casino would typically be needing huge funds or capital because this isn't something a business that you could only put up a small amount for you to start off.

Of course you would need to make your site attractive and of course you should make yourself a little bit decent in terms of promotions and bonuses because these are the most
or important thing when you do make business.

Although not all do really end up on being successful.

I've been waiting to read also some response of OP on conversation here in thread cause I've already made a 2 opinion on this thread however as many concern too OP still don't have any response about it. We all have an optimistic opinion that we could give to a hopeful gambling businessman aspirant some are disagree with the idea because of the risk it may take while building his own gambling business. If ever OP could read the replies and conversation here in thread he could probably get a good opinion here and could formulate if he should go or not.

You are right, this thread should be close to avoid spamming, as the thread has received enough comments that the thread starter can make use of for his gambling operation I hope he comes around soon or we report the thread to the moderator for it to be lucked.