Bitcoin Forum

Hey guys, I decided to post here as I could not find some recommendation on how to start a crypto casino. Hopefully you guys can provide me some insight into this.

We have experience in the gambling industries however it is mostly all physical shops. Marketing and gathering customers are not an issue to us as we are looking to venture in creating a crypto casino. However we are trying to find the most cost effective approach into doing this.

I know that they are plenty of competitors out there and marketing along with advertisement costs can be costly. But we are confident that we are able to market it to our existing customer base.

I have done some research on WhiteLabel casinos and Turnkey ones, but I do not know who are the best to work with as I have seen some bad reviews on some of the providers.

Furthermore, consulting with a dev team, they charge hella a lot for it to be developed and said 1 game takes around 400 hours to be developed (which i know that is not true, as they charge by the hour)

So I am wondering if anyone here knows a place where we could whip up a simple MVP crypto casino to be done at a cost effective price, or even partner with an existing one to bring it to market.

Starting a casino either as offline or online platform isn't just like opening a shop, it comes at certain cost if I am not wrong I came across a thread which posted breakdown of investment and running cost of a casino which easily exceeds over a million dollar just for the license, security related job salary, games even if you outsourced other things for cost effective price.

Consulting professionals for advice will be the best option for new casinos. This is because they have the right technical skills and experience that can be beneficial to your casino setup. They might be very expensive but I also think that you could also find cheaper consultants that you can afford. It is good that you are taking your time in researching because the internet will help you get more information. I also assume that some of the campaign managers might be highly experienced in starting and running a successful casino. You could reach out to them for more technical support.

You might not get the information you want since it need professional brains to make things work out for you but somehow maybe you can get a hint from suggestion of people.

Maybe at least try to check this https://www.softswiss.com/knowledge-base/how-to-start-a-crypto-casino/ and if you are still not satisfied with information you read since usually those person which actively posting here are gambler and not a casino operator so maybe try to find those professional and hire then seek help to create your own crypto casino. If you have money to pay professional to work with you for sure this plan crypto casino will happen.

When you want to venture into a business like establishing a crypto casino, we have to know that it will require a lot of money and that has to be something that you are prepared for. Some casinos trapped their customers because of their very beautiful user interface and well structured platform that they must have spent a lot of money to achieve because of the use of the best developers, if you intend to create a casino that can contend or compete with these casinos already, you have to know that there has to be willingness to spend money.

I can't answer as far as how to start a casino. I will say, whatever you do make sure the dev you hire is trustworthy. If you are looking to purchase an existing platform or partner, I would make a thread in the gambling section and see what offers come your way. Negotiate a price and terms and go from there.

If you make it to a point where you are going to market your product, feel free to take a look at my managers thread (https://bitcointalk.org/index.php?topic=1704638.0) and I can help with some marketing here on the forum. I can also be contacted on telegram @yahoo62278

Good luck with the search and hope to hear from you.

Other than the games themselves, which can be supplied by a third party, everything else must be done in-house, otherwise you are taking the risk the developers of your website could set a backdoor which they can later exploit to steal from you and your customers.

But as you may guess that will not be cheap, since we are not talking about a random project here, you are trying to create a casino which could manage important sums of money, and whenever that is the case hackers will come your way, so you cannot take the cheapest option available and instead you must grab the best one, even if it is the most expensive.

Totally makes sense, all the replies here are valid.

Yeah its difficult to find a dev to help create this sort of thing that you can trust at the start.

Backdoors and multiple ways to hack the funds will play a massive risk when starting up one.

After making this post, been searching all around elsewhere and spoke to other online casino operators making around 300-400k a month (considered small i guess) in small communities and got great insight.

Spoke to  one recently and they didnt mind investing to help sponsor the license and games if possible. Hopefully will see this come to life.

Since you are already in the gambling industry, why don't you use your network to find developers who want to work with you? I don't have any knowledge in crypto casino development, but as far as I know developing a crypto casino is not as difficult as you imagine. All you need is to find a consultant who can direct you and a programmer who understands crypto, blockchain and casino games. It shouldn't be difficult for you to find such people, or you can hire a headhunter to help you.

You need real life experience for yourself.

You need advisors that have past experience with casinos too.

You will also need to hire professionals that will keep the platform safe from any threat.

And also a lot of money, which makes me believe that partnering up with some other people is the best thing to do here.

---

It's not easy to run a casino unless you don't have a plan to become a successful one, it's easier to run a scam casino though but not a legit one, you need to be registered by the law and the biggest challenge begins after the casino is up and running, how to divert lots of attention to the platform is going to be very challenging.

If truly you have past experience about casinos then it should not be too hard to find the right people and create a team, you should know who to call and form a team up, get a fixed date for online meeting and start building, it's going to cost lot of money, just know that.

Perhaps, you can take a look on (casino) promotion and marketing.

Mostly right now, they are doing (sponsor) streaming especially on (Kicks). Since most of (Kicks) player are getting advertiser with Stake, basically you can gain more people based on the right topic you are advertiser (targeting user gambler).

Feel free to test, by sponsor some people spending a few grand on people who have a good number and then counted the data. It's wort or not.

That question is going to difficult to exactly pinpoint the right answer because how you will operate is going to be varying per country, some countries have a relaxed gambling laws in place and other countries have a really strict if not iron grasp gambling laws. But if you want to start now, I think that it's a good idea for you to have enough funds to make it real, there's also the manpower and depending on where you're going to do your business, you're going to spend a lot of money for labor but if I'm being frank, you're better off building your own online casino because you just need really good programmers to make your casino operational unlike with a physical that needs manual labor, real estate, building permits and many other bureaucratic things, online casinos are much easier to make, that's why we've got a lot of them all over the Internet.

Now that you've got your casino, it's time for your advertisements and branding, you're going to need to be able to find the right name for your casino, it should be a combination of unforgettable and attractive, when it comes to advertisements, just do a promotion for your first 100 customers, free rolls for new accounts, bonus spins and many other stuff, casinos don't really operate in TV advertising so don't do that, bombard the Internet with your ads by paying top dollar to show it everywhere, pay Google ads to put you in the first place of the search results, do some SEOs.

          -   In setting up a crypto casino in this field, you must have a plan and market research, which is also, of course, important. You should also know your business plan, and of course you should also know the regulatory requirements so that the government can't pry into it.

Then the technical infrastructure; you should also know that; you can't know anything about that. This is where the casino platform providers come in, as well as your gateway payments in cryptocurrency. You know what that means.

Well starting a crypto casino sounds cool and tapping into your existing customer base is a smart move. I get the concern about costs and important to pick providers with good reviews to avoid hassles. For development, explore partnerships with existing platforms or find a dev team that won't break the bank like get multiple quotes to be sure. Testing the waters with a simple MVP before diving in makes sense and its great to have this forum. Finding that sweet spot between keeping costs down and delivering quality will be the game-changer in the competitive crypto casino scene right

It's not that difficult but you need to have a huge budget for that so you can hire expert developers when it comes to programming and developing some website updates and the amount needed for that is no joke, it should be huge because the paying salary for the people you need to hire is indemand and we live in a digital world wherein IT developers are the top highest paying rate in the world

I don't think your team will encounter any issues since you have prior experience in running a physical casino checking online I found this tutorial on how to set up an online Crypto casino, the guidelines are great they really know what they are posting on their homepage

You can check it out here :

The Entrepreneur’s Guide to Launching a Successful Online Casino (https://gr8.tech/blog/the-entrepreneurs-guide-to-launching-a-successful-online-casino/)

They also offer help in launching your casino you can go here and fillup the form so they can start helping you set up your casino

LET'S MAKE YOUR ONLINE CASINO GREAT! (https://gr8.tech/contact-sales/)

Yes, you are right it can exist,It can really happen if you want to open a physical crypto betting casino shop first of all you need to seek for consultancy together all the ideas and knowledge you need to go into this program that you’re talking about and you have to also understand it’s not easy as you think it’s something that require good number of money more than $1 million. if you have a means to go about it, no problem you can go ahead that is cool but first of all remember what I told you here you have to see for consultancy you need someone to guide you through on this step to step you need to take through this.

They charge hella a lot for it because it's very hard to create a casino game. It requires years of knowledge of different fields, including graphics design, UI/UX design, programming, development, testing and etc... It's a very hard job if you want a high quality product.
For a cheap alternative, you can contact casino b2b suppliers. For example, there is a well trusted company Spribe that offers famous and high quality games, that are tested by many major casinos globally. This is the link of spribe - https://spribe.co/welcome  Spribe offers many games like dice, plinko, crash, poker, slots, skill games and etc...
There is a company Hu88 that also offers 12,000+ games for casinos. They provide sportsbet.io, livecasino.io and bitcasino.io   This is their website - https://hub88.tech/
You can check moon.io for design, also check tradeart.io

Let me know what you think about them.

Starting a business any business can be challenging. I know you have already been in the business but want to transition to the online space. It comes with its own unique challenges as well. You don't just have to talk to anyone but the right person. Although, I do not know so much about starting an online casino and how to respond to your last statement, I have just the right person in mind who you can reach out to and have all of your questions answered. That person is SirJohnVonSlotty. He operates an online casino. You can refer to this thread (https://bitcointalk.org/index.php?topic=5482508.msg63538590#msg63538590) which is an evidence of him being the right person that you can ask anything about the online casino business.

Starting a crypto casino indeed requires careful planning and a solid budget and getting a gaming license is crucial, and the cost can be significant when it comes to compliance. Factor this into your initial investment plan.

I hope you'll prioritize top-notch security to safeguard your customers' funds.

Look for the real ones that have worked for a casino with this matter. They can serve as your consultant as well and can work with you with other things as you try to establish what you are trying to build up. Go with the ones that have experiences already into building a casino because this is the hardest part of whom you're going to choose to work with you until you get up there. At the same time, I know that believing in oneself is a big thing on this end but don't be too confident so that you just don't break your expectations and don't get frustrated when you're not able to deliver what you're expecting and thought of doing so.

This question should be replied those who are already into the casino business. I doubt  people here knows  about the processes involved from the registration, accreditation and relevant authorities that will certify its operation, then down to the development, you'll need a team of software developers that will work on it until its a success. As well as program managers to manage the products for you.

You can go ahead to do your own research, the requirements should be online already, but consultation of a reputable casino can help you get some useful hidden information both in its setting up and its operation.

Don't start with your own games, find a game provider who already offers crypto slots and also offers customization of their games. We're just making our own "crash game" which is actually a reskin of an existing crash game, working with the same provider who brought it to the market.

And I don't know what "hella lot" means, in my eyes casino games are cheap. For a good, templated game you need anywhere between 150k to 250k, which is peanuts when you compare it with making a basic PlayStation game where you can't do anything without 10 million.

If you're genuinely interested send me a PM and I'll forward you some contacts.

He already get a hint but the problem on how to implement or try to execute those recommendation since for sure there are so many technical aspects that only an experts can work with it. That's why he should consider to discuss this question to a legit casino operator and on the random people online since I'm sure that he can't get good answers from inexperience people.

But I also doubt he can get these advices from casino operators since maybe those existing  casino owner will think about they are their competitors and will  not teach them because this will be a minus for their profit especially if the crypto casino plan will continue to operate.

I am one of the users here who are blunt with casinos' reviews, and if I must advise you and be sincere about it as well, do not start a casino if you are not ready. By being ready, I mean mainly financially ready, so that you will not start what you can't finish or establish a casino that will be poorly created. You need your feasibility studies, you need to know the class of casino you want and the hands that would get it done for you. Those who you are refusing their services are still the best ones to consult for advice and guidance and not some kind of random people who are not even tech-savvy not to mention of working in the industry.

Those people, and also those established casinos are the ones that can give advice, especially on the budget to work with and can direct you to the best experts in the industry, and perhaps tell you what works for them and how they get the marketing done as so no. I have seen some works that are poorly done and even marketed here without success and without a single complaint about being defrauded. But maybe it just pisses people off, I don't know, which is why I issue my candid advice to you now. So, if the money is the problem, you can wait to make more money to ensure that you do it at best.

Good luck to you!

Hello ShadApoc, i have a casino software that works without providers, it has 4 provably fair games and works with its own node. The engine has features like a chat with moderators system, and a admin panel. And right now i have 2 versions, one running with Clamcoin and another one running with litecoin (this one is the fresh one). And the software could be adapted to other coins.

My software isn't public yet, but i have a private link for those who want to try it. I will send you my contact info in PM.

Even regular Fiat casinos aren't cheap to start, so don't expect to see it any cheeper rather up your budget or better still you could decide to wait some more to gather some more funds to start up your casino but know that cryptocurrency casino are much more expensive because they require more developing time because of the funding method that's been used, the method of crypto isn't like the regular funding pattern but requires some more time to access such payment gate. If you are funding with fiat, synchronisation with local banks is much easier to access than getting a crypto wallet which will later be transferred and converted to local currencies.

Crypto casino is a very innovative style of casino but if you are yet to have what it takes to create one, then you should just try using that which you are familiar with until you finally get the funds enough as you will still find developers who will charge higher with even more developing time added.

Starting a crypto casino is not easy as what you may really think it is it’s something that require more research and understanding, yes, it is very possible and you have the whole idea on this cost of starting it,It’s what you need to talk about and the promoting of the casino is not easy as fast as you think because you are building it from scratch and this is going to cost over millions as a budget so it may not be something you you would like to do if you get the breakdown of what it will cost you, but it is very possible and good, looking at the project you are about to start you can easily get it right and I have seen so many casino that crypto casino will be more better and more easier, but the only challenge is the cost.

So do you think it works for any purpose?

I don't think creating a casino is just to satisfy personal needs, because the problem is that your product or service needs users to generate revenue to maintain operations.

On the other hand, as I understand crypto projects, they can be developed in a centralized or decentralized way but still need to bring a product that users can use. So money, relationships, skills,... are all important factors for you to be able to do that.

Even though this is the gambling section, I don't believe that this is the right place to ask. You need to ask for assistance from professionals who specialize in this field. Moreover, I'm not quite sure if you have understood how complicated it is for an individual; you'll also need to acquire a license and, certainly, a legal team or practitioner to represent you. These two by themselves are costly procedures, let alone the game and website development. I think you need to think this through. Maybe you could consider developing a single game, like Bustabit's Crash, in case you have any unique ideas.

Not to mention, it requires some sort of license especially if your home country has some certain laws about it.
 
Be reminded that creating your own online gambling platform can be quite challenging due to the competition. Lots of new casinos are being created with tons of rewards and sign-up bonuses. You need to NOT just provide a space with better rewards, you must also have the marketing/advertising part figured out. Lastly, even if you do provide all of these services, you must also decide whether to implement a KYC function or not.

Since OP you have mentioned that you have things figured out, I still do recommend reaching to some of the veterans here that have an idea on how to startup a casino. Be reminded, however, that you should take extreme caution when dealing with random messages from people claiming that they are familiar with this process.

I think it fits just right in my opinion, it's about gambling after all, it's not like the people involved in building a business doesn't frequent this board, I'm sure that they do since this is a really populous board with thousands of people posting here daily, it's only a matter of time that a businessman that's been a member here will see this, also there's probably some other people in this forum that do other businesses, they can legitimately give advice on how you start a business, most of the time there's some similarities in gambling business and any other businesses out there, anything gambling should be on this board in my opinion.

You seem to know more than we know you have done your research already and you're not someone to be lured to pay higher fees for deceptive developers, why not create a topic on the service section and post your desire that you want to set up a casino and want to form a team or get in touch with a consultant.

A specific thread on what you want will gain a lot of attention from those already working in casinos, but continue your research as there are bad players in the industry, so you will not get deceived by their offers and suggestions.

I'm not saying it's an off-topic thread, it's just that his question is a little technical and require replies from a very specific set of people. Those who have either developed games or have worked with casinos in the past, or those who own casinos. Although this forum probably has both kind of users, I'm not sure if they browse this section so much to actually bother giving advice to a newbie who has just signed up.

Nowadays creating casinos is turning to be a huge industry and competition, the main important thing now is how that team is managing the casino, fast and various payment methods, a good support for the players. Marketing now requires only a big capital and I believe it should be the biggest part of that investment.
You called it a crypto casino, so you must hire blockchain developers and not any regular ones that would face a lot of abstractions and security vulnerabilities.

It’s all about the good money and a good tram to hire, advisors, marketers…. You can see the examples of successful casinos here running signature campaigns.

Launching a casino may be easier but the sustenance of its operations is the usual bottleneck in lengthening the operations of the casino. This is why if your group do really want to launch a crypto casino, better approach developers that you know of, near your area as developing a site is not a one-time deal. As long as you operate the site, you will still need their services, fixing bugs, improving the site, additional features and so on.

Aside from that, you need to look at the bankroll part. Do you really have enough bankroll to sustain the site? If there are big winnings, can you pay those players? Do take note, launching may be the easier part, but when it comes to sustaining the operations, that's the challenging part.

To be added I don't think one person is enough for you to establish an crypto casino, meaning OP has to raise funds and attract many investors in order to have a capital because you will never know that someone might win in your website and thebOP should be ready to handle that, anyway in summary the cost of building a crypto casino is cheaper than a physical casino but it doesn't mean the expenses is not huge, it is because you will need to consider many things, such as develovers that will build your website or application, license to operate legally, initial release of token or like an airdrop for your casino and of course the first year will be a very hard road as you are just starting and funding your business, so you should make a hard work in terms of promoting your website or marketing it in order to attract more players.

Yes this is true on which having this kind or type of business is never been that cheap and even if you do tend to find for some lower amount or overall cost then the result might really be that ending up
non appealing so it would really be still ending up on a failure. When it comes to cost then i do believe that it is really indeed a reasonable cost on whats been stated above.
Setting up plus having staffs and other components should really be intact and also with marketing on which we know that this could really be costly.
Trying out not cut off one of those components? That would surely be giving out that huge impact.

There would really be tons of considerations or steps that you would really be needing to do to create one and it doesnt come cheap i would repeatedly say.

In my opinion, spending time and money on creating an online casino while the person does not have great knowledge in coding could be a big mistake, because the person would have to depend on everything the coders say, which makes it very dangerous. Also if a person wants to start an online casino, then that person must have a team made up of people from the real world who have knowledge in coding, marketing, finance management, human resource management and know how online casinos work, what are their strong points and weak points. that they are people who have new ideas for this saturated market, and most importantly they have funds that know that such funds should be considered lost

The moment they decide to invest in the creation of the casino, this is because the owner of the money will have no guarantee that he will be able to recover the money. Therefore, if he carries out a study of how much money he will need to spend to create the casino and this study concludes that he will need to spend 2 million dollars, then he must consider that he will lose 2 million dollars... if the person is rich and knows that That's the risk, so you can move forward with the project of having your own online casino. but always doing everything with people from the real world that he knows, preferably it is better that the person hires a real-world software company to create the casino, this allows the person to make a legal contract in which the law is on his side

The real-world software company will not provide malicious software nor will it take advantage of this software because once done, the casino software will be audited by another real-world software company, with this you can guarantee quality and security. Don't look for people on the internet that you don't physically know to create software for your casino. You will have no place to complain if they deceive you. Also don't hire employees from the internet, you need real-world employees who occupy relevant positions. for things like support person you can put internet person

While looking for consultants why not collaborate with marketing experts here these people have insight and contacts to casino operators that could lead you to people who can help materialize your plan, marketing people here are trustworthy they can give you a good lead on the road to realizing your goal.

And while at it, why not start with setting up a domain, It's hard to think of a domain that is gambling-related that will make a good impression on the gambling community, and having a domain you can have something to present to your potential partners.