Bitcoin Forum

Is there a way to see how much gambling sites makes?

In average, monthly the famous gambling sites are making millions. But my question is what you are going to do after seeing how much the gambling sites are making.

If you plan for entering into online gambling business, you can start right away even without knowing how much a gambling sites are making because it will be definite profitable when you are capable of promoting your site effectively and if you are confident to provide world-class gambling experience and support to your gamblers.

There are lot of topics you can find here about what gamblers expect from gambling houses. If you can come up with at least 50% of them then definitely you can also make millions.

Most of the site's now shows how much they won or how much they are in profit. So what you have to do is just go on that site and see site's profit. Case solved.

Generally I don't think so. You could estimate them as some gambling sites show how much they get as cut from investors when they earn from gamblers. So you just have to look at how much the investors earned or the total volume of bitcoins that was wagered in the site then multiply it by the set earning of the casino.

Yes, there is a way. Go to https://dicesites.com/ and see by yourself how much money casino can make, see "Profit". Thanks to NLNico for this.
P.S Not all gambling sites are listed on there, just some of them which their fairness system already been proven.

so wagered is their revenue? i see primedice is at total wagered 7k+, which is very high, they are making million indeed, or we can say that there are many people that are giving them money, i think the thread strated want to run his dicegame and he want to know if it's worth it

Casino that accept investment from users will show full stats about how much they are making each day/week/month for transparency and the amount depends upon several things. But there is no way to find out how much other gambling sites are making because they like to make their stats private.

We never know with certainty, it's depend how many player that play at these site and they loses or win and for other example, like you never know how much money will you spend for gambling in a weeks.

Correct,site nowadays does already have stats on how much did the site wager all in all and the stats on it maybe op interested on how much does a gambling site would profit because he might have a plan on building one.Gambling sites do profits on millions depending on how popular your site will be.

i don't know how we can see gambling sites make the profit because i don't think that the owner wants to show their profit into public because this will make them to be the good targets to hacked by an attacker so i think they will keep this secret for them. maybe if they shows some number to us but i am not sure this is the real amount of profit that they got from running gambling sites. maybe you can directly send email to the owner and asked about this but you might not get the real amount for their profit.

Yes no one will share personal information with the third person. and you are giving competition to them to open your new casino sites, in this situation definitely you will not get any source from casino owners. Don't expect anything from them suppose if you get also I am not sure they will provide you right information or not. So don't take any information blindly check it thoroughly and use.

i agree and this is why the owner is not giving the real amount to public because they don't want anybody know how much they can get from the gambling sites beside to avoid an attacker. but if you really want to know about how much the profit that gambling site made, maybe you can build your own gambling sites, make a promotion for your site in every where, invite player to playing gambling in your sites and finally you can see how much you can get from gambling site and in the end, only that will know the real amount of the profit.

No it's the EV beside the wagered is the exact revenue, their profits depend on how much people wager since pd have a 1% house edge they get a profit of 0.01 btc for every 1btc wagered.

I usually gamble in every sites that i know, but this question never crossed my mind. But I think they are earning a lot, though I do not know how much, but as far as I know they are earning a lot as a proof many investors are having a profit from it, though not all.

It depends if the gambling website has more players sometimes they can make almost 200 bitcoin if im not mistaken or they are actually earning lots of bitcoin per month if you can see if they had some event or giveaways they don't hesitate to give bonus to their players.

I don't think such a possibility is there to know about the profiting of the gambling websites. Some times on request might reveal about the early investment made on the implementation of gambling sites with bitcoin and other digital currency acceptance.

It's possible if they tell you/if they'll mention how much volume the site is getting and also their house edge(high = more profit) then do some simple math you could easily know how much they're making.

Crypto games shows stats on how much they make per game and per coin. You'd have to factor in that part of those profits are paid out to investors, but it's easy to calculate.
You can also check the invested amounts of the admins on the website, so you'll get an idea of what the owners earn.

Here are the stats for the BTC dice game:
https://i.imgsafe.org/02cf620c4a.png

quite simple as that, the more information you've got from that particular site the better you can assess if how much profits
they've got from their gambling site. just needed to be precise when asking for this information to get better results.

Some keep such information confidential and so will not display to the whole world but if you try to inquire from them privately and you're fortunate they can fill you in else try to do some social engineering of their staff and see if they can leak such information to you.

Like other members here I also wonder what you plan to do once you find out how much they make?
How much they make depends from how many gamblers they have on their site. I play poker for dollars, and poker site for dollars have much more players then bitcoin gambling sites, so they earn more probably.

And do you think they will display their actual l statistics of their revenue for all to see? I beg to differ, it is no public ledger and what you see might be contrary to what's actually happening down their chamber.

They are just showing how many wagered are their gamblers are making and on how much their gamblers are winning. I don't think there is a site that shows how much they are earning it's something private and I'm sure no one wants to disclose that to their site. It's a matter of statistics but it's not really a relevant information if that is the real amount they are earning.

I know you can see how much they wager, at least for dice sites. You can check this link: https://dicesites.com/
Users normally use before they try to invest in dice sites etc. But I don't think they will show you how much they earn, as in their profit.

Probably if you were somewhat creative and analysed their inflows and outflows by finding their cold and hot wallets, and then just calculated the difference, but that doesn't account for running costs and the like. If they run on a system like Moneypot then the data should be readily available, however.

Thank you so much

I don't have an idea on what gambling site shows an accurate amount on how much they are earning. But there are people who are making articles and gives an idea on how much they are making but that is still an inaccurate way of knowing how much they are making. I don't have an idea if there are gambling sites show their profit.

As i understand your thread, You want to ask how much gambling sites make money?
But you are asking in a short, should explain what you want to ask. Because now online gambling sites are also working, and also the real gambling sites are here. But in my thinking, as i know the owner of the casino always in profit. So definitely they are earning very well from all gambling sites. But no one know the exact average of the profit. 

If the gambling website is really popular i think the owner are earning approximately 100 bitcoin per month or less than this you wanna know why not all player are winning the game they are more players who looses and only free players are winning because of their luck

On casinos where it's possible to invest they say how much from their profit they share. Example: a casino sharing 70% of profit with investors, if the investors made 70 BTC profit the casino profit is 30 BTC. I don't know if all casinos show how much they are earning to players.

I'm sure that whatever statistics that you see within a gambling website states, you wouldn't find there exact monthly earnings. You could try to contact them by email and ask them, you would get a more in-depth reply if the person managing the website cares for the clients like they should. Most people managing the websites are crooks and you might just have to see how much they make by checking their transactions on Blockchain and doing the math.
It shouldn't be that difficult.

OP, the answer is no. Because no gambling site would ever disclose their real income that they actually make, as they are not interested in paying higher taxes which is why they have invested into bitcoins, and even if they state some numbers, those numbers would be gross ones and not net income, and that will also indicate a part of the actual income that they are getting.

I agree on this :) .  If they try to cheat the government then there is a possibility that they are cheating investors too.  They will try to give these investors the least possible return that will not make their investors suspect that they are giving them less than the investor should have received.

Yes, in a case of bankroll investment casinos it is correct. But whoever don't have their investment options most likely they will not reveal their profits in public. Also for gamblers, it is not that important to know how much casino is making money, but they should only worry about whether a site is trusted or not, their support and instant withdrawal facilities.

Yes and no, some sites doesn't want to published their income for their financial and bankroll purpose to avoid high roller drained their bankroll and goes bankrupt. AFAIK Crypto-games.net reveals their Bankroll so you should check them.

No, they wouldn't post such information in public. Also if you were the owner I bet you also dont like to revealed your income or bankroll in public. Thats some sort of confidential.

Thnak you so mucch

Well not really if the gambling site doesn't list their stats but most of the bitcoin casinos these days do offer you insight to their stats.

Most crowdfunded bankroll casinos will be able to get you their stats such as profit and investor profit, etc. etc. however most casinos that only have their admin and co-admin as founders don't allow you to look inside their stats.

You could email them, i haven't tried it before i don't think if it works or not.

You could look on DIcesites as well, that's a great site for casino stats.

Yes, I also think there is no way to know how many gambling sites makes. The only way is to ask directly to the gambling sites, but I am not sure to can get it easily. Because it will be their privacy. Maybe gambling sites will tell how much they makes to investors, but I am not sure this is real income or not. Because if speaks gambling sites it is a business game.

There's already some popular bitcoin casinos who share their stats by having a wagered counter or check dicesites like what most user suggests then get the 1%(house edge) of that number boom now you got an idea of how much they're making. Also if you ask that kind of question to their support i'm sure they won't answer.

As much as I'd like to know the real statistics of online casinos but I'm afraid that tax organizations around the world  can't know for sure how much an online casino is earning because you know if there are millions of dollars involved then governments would love to issue tax and if they refused they could shut down their business.
I'd never trust the stats shown on their sites.

Whether it can be seen by everyone or just investors who can see it? Maybe you can tell me an example of gambling sites that share their stats and how do I know that? Very difficult to know how many gambling sites makes, most gambling sites hide it. But I still doubt whether it is real statistics or not, I'm afraid it's just manipulation for specific purposes. And yes it is very difficult to get an answer if asked a few questions like that in their support.

:)ok thank you so much

Yap. No way fo know about how much crypto-casino was earning. Except if you have someone inside casino team.  ;D I think two reasons for hiding profit is high taxes for gambling and a lot of money in one place evokes problems like hackers and a thief

That is true Hackers could be a big problem but I dont think it would be a big problem since I'm sure that all the funds in a casino wont be transferred into a single address. You'd have to be really stupid to do so and not branch out into different addresses. I've seen a few bitcoin based casinos disclose their revenues at the early stage. Avoiding taxes is not the best idea for casinos because if the insider information is leaked the whole casino would be at risk. As long as the business is making profits, its best to pay your taxes regularly.

Thats right i knew about business gambling this, always been the target hackers, but if it has workers high in the field of programers knowledge, you do not fear by hackers. On business gambling this you must have a lot of money or capital powerful because every day many gambler who will withdraw the money when they win

its better to work with them than playing with your money in casino I've been part of team of gambling before where I get 0.04 bitcoin per week being moderator I forgot what gambling site is because I had to much gambling site to play because of the bonuses and lots of events they made just to recruit players.  gambling can made up to 100 bitcoin per day where there are only 4% of people who made profit.

I think it was enough income appreciably with 0.04 / week, especially if can work together in several site gambling but it must be have time 24 hours to be in front of the computer.
If gambling can made up to 100 bitcoin per day where there are only 4% of people who made profit. This is business very promising for you want to try his fortune in the business gambling

Correct, because I think showing this gambling site how much money they are earning in a day or in a week is confidential, that is why they are only showing the History of their sites like the players history, I mean those players who win or lose.
So, if you really want to know how much money a gambling site can make in a day, it would be better if you would contact the owner of a certain gambling site.

They don't think like that, in fact that is the trend now, some dice sites showed how profitable their site is to attract new investors to grow their bankroll. Gamblers knew already that site are profitable in overall but they are also attracted to gamble when there is a bigger bankroll especially the whales.

Inside "Bankroll" tab in "Invest" you can also get access to profit chart since the start for every coin. This is a very good tool for analyzing past performance of the casino. YOLOdice feature even more detailed graph with lots of additional analytics. See for yourself https://yolodice.com/#stats/investor

Even the staff inside don't know how much bitcoin can earn daily only the owner but if you are addict on gambling and you always see those player who looses tones of bitcoin in my prediction they are generating of earnings around 50-100btc per day. plus minus of the salary of those staff.

You are wrong here. Being a moderator doesn't mean you need or have to stay for 24/7 (Are you a robot? You still need to sleep). They have their own schedule on what time they need to moderate the chat and gambling sites always have more than 1 moderator to keep the chat from spam or other bad behaviour.
The profit is really looks promosing, but you need big money before you can make/open a gambling site, you are also have many competitors/other gambling sites which already reputable and reliable.

https://thebitcoinstrip.com this place shows how much each bitcoin casino made, wagered, profits basically everything you want to know. Don’t forget tough, these websites are huge and spending a whole lot to keep being on the top charts. So these numbers are not available for everyone, just for big casinos.

Hmm only the staff will known the real profit of one gambling sites but when im going to predict it since i am a gambler as well gambling website can make almost 50-60 bitcoin per day this isn't bad to those running website and had atleast 20 players online every day .

There are websites that keep track of the daily profit, daily wages, daily amount wages etc. These data are taken from the respective btc casinos and they have agreed to let their database opened to everyone to view. These casinos are usually more 'safe' in my opinion and i am more willing to invest in these casino.

What website are you talking about though? You just mentioned it and never really say what it was. Is it a secret website for casino owners or some secret society so they can monitor the gambling sites? Well, I hope you can share it, it's a good tool for every gambler to check the legitimacy or whatever of the casinos available.