Start a Gambling Site

[jmasterson]

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

[1714108066]

1714108066

[1714108066]

1714108066

[1714108066]

1714108066

[trafficolaa]

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

gambling market has still vast space to accept new ideas, gambling site is most profitable business if you come with unique games and offer more firendly way of gambling with nice customer support than no doubt to get succeed with your business.

[fox19891989]

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

Of course it's profitable, best gambling sites in the community can earn about 10k-30k btc pure profit, that's my estimation.

Q:What do you think is the most profitable gambling site to create?

A: I think you need good UI design, strong marketing and PR teams, top technology, reputation(if dooglus or stunna runs a casino, his casino must be also very profitable).

[Tschai]

There are a lot of same-same Bitcoin casino's, which add nothing extra. And doing the same -if you can afford it at all- will not be a success.
Even just having more slots, more games is not enough to compete.
And you might need funds greater than you already own.

Having said that:
The community loves to 'gamble' and make more Bitcoins...although many are dust-collectors, who get screwed by 'investor based games'.

So:
Just find your original, grabbing, niche...like MoneyPot/BustABit...something fresh.

And do promote your site regularly, to stay relevant...and you may succeed.

[hasiramasenju]

they are still profitable because many gambling site still survived until now with hundreds or even thousands BTC profit everyday
because gamble never end until whenever and i think the gamble is some kind hobbies

[WhatTheGox]

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

Create something unique and that people cant copy very easy, why not try p2p skill games, this is the next big thing in bitcoin gambling imo.  Pick a game which is already popular, allow people to bet coins on it, make sure its a skill game where people can be +ev.  If you can code i have some ideas.

[dr1wealth]

they are still profitable because many gambling site still survived until now with hundreds or even thousands BTC profit everyday
because gamble never end until whenever and i think the gamble is some kind hobbies

hundreds of bitcoin profit every day? i dont think that even primedice earns that much

[sandy47bt]

If you can make something unique & promote it well
I bet you will have a successful site

Bustabit & luckyb.it are the example

they are still profitable because many gambling site still survived until now with hundreds or even thousands BTC profit everyday
because gamble never end until whenever and i think the gamble is some kind hobbies

hundreds of bitcoin profit every day? i dont think that even primedice earns that much

I think it's possible primedice earn hundreds of bitcoin profit everyday
Since, they didn't bankrupt when hufflepuff cheated there

[WhatTheGox]

If you can make something unique & promote it well
I bet you will have a successful site

Bustabit & luckyb.it are the example

they are still profitable because many gambling site still survived until now with hundreds or even thousands BTC profit everyday
because gamble never end until whenever and i think the gamble is some kind hobbies

hundreds of bitcoin profit every day? i dont think that even primedice earns that much

I think it's possible primedice earn hundreds of bitcoin profit everyday
Since, they didn't bankrupt when hufflepuff cheated there

I doubt they earn hundreds of bitcoin daily as profit? that would mean $600k per month at worst.  There is also alot of competition for dice sites.  They may however have several 100+ profit days due to variance sure.

[shulio]

If you can make something unique & promote it well
I bet you will have a successful site

Bustabit & luckyb.it are the example

they are still profitable because many gambling site still survived until now with hundreds or even thousands BTC profit everyday
because gamble never end until whenever and i think the gamble is some kind hobbies

hundreds of bitcoin profit every day? i dont think that even primedice earns that much

I think it's possible primedice earn hundreds of bitcoin profit everyday
Since, they didn't bankrupt when hufflepuff cheated there

I doubt they earn hundreds of bitcoin daily as profit? that would mean $600k per month at worst.  There is also alot of competition for dice sites.  They may however have several 100+ profit days due to variance sure.

you can do a rought count based on the wagered amount and the house edge because house edge is like the loss of every wagered we made. So if PD got 10000 bitcoin wagered for 24 hours, then it is trus that they will roughly get around 100 btc in a day, could be more or less because this is just a rought count

[jmasterson]

wow now i want to start my own based on your replies lol

[SyGambler]

The gambling market is always profitable
but for a new site this is a little bit different

a new site should come with new ideas
or at least giving huge promotions and giveaways

cause nobody wants to try a new site if there is not something worth the try

[jmasterson]

The gambling market is always profitable
but for a new site this is a little bit different

a new site should come with new ideas
or at least giving huge promotions and giveaways

cause nobody wants to try a new site if there is not something worth the try

thanks i will think of something i'm excited.

[LiQuidx]

The thing when starting a new site is that you want to be as original as possible... Copies of the already existing sites are so many and that won't be a good thing. In order to attract more people you have to do something unique and make sure you have/maintain high exposure (running ad campaigns) and offer bonuses of some sort.

[achow101]

I think gambling sites with players based abilities or player vs player are really interesting.
Because it's provably fair based on each players abilities. 

[zcxvbs]

they are still profitable because many gambling site still survived until now with hundreds or even thousands BTC profit everyday
because gamble never end until whenever and i think the gamble is some kind hobbies

hundreds of bitcoin profit every day? i dont think that even primedice earns that much

Yes, for PD it's possible, but for you, a brand new dice site, I don't think you can make it happen as PD do, the reason why PD is successful, partly is because PD is one of the few oldest dice sites, something we call "First impressions are strongest". Unless you have lots of starting funds like dadice.

[fast2fix]

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

sure it's profitable, to start your own gambling site you need to have enough funds for development,payouts,bonuses,ads etc...
it's not that easy to handle a gambling site. everyday we hear about hot wallet hacks funds getting stolen you will have to be careful with the hackers.

[btc-facebook]

Is it still profitable to start a gambling site? Or is the market already saturated?
What do you think is the most profitable gambling site to create?

Yes it is. Just make something unique that will attract more bettor. Example : luckybit ,coin-sweeper, moneypot , and the new one bomberman games.

How about making big two card game (http://en.wikipedia.org/wiki/Big_Two) since I'm never seen any gambling site having it

[jmasterson]

i already have an idea and i'm developing it now we will see how it's going to be but it's just a small game. later i will announce it in the gambling section once it's done

[WhatTheGox]

If you can make something unique & promote it well
I bet you will have a successful site

Bustabit & luckyb.it are the example

they are still profitable because many gambling site still survived until now with hundreds or even thousands BTC profit everyday
because gamble never end until whenever and i think the gamble is some kind hobbies

hundreds of bitcoin profit every day? i dont think that even primedice earns that much

I think it's possible primedice earn hundreds of bitcoin profit everyday
Since, they didn't bankrupt when hufflepuff cheated there

I doubt they earn hundreds of bitcoin daily as profit? that would mean $600k per month at worst.  There is also alot of competition for dice sites.  They may however have several 100+ profit days due to variance sure.

you can do a rought count based on the wagered amount and the house edge because house edge is like the loss of every wagered we made. So if PD got 10000 bitcoin wagered for 24 hours, then it is trus that they will roughly get around 100 btc in a day, could be more or less because this is just a rought count

They used to offer a amount wagered stat but i dont see it anymore? unless its on a dice comparison site? If they get 100 btc profit per day that would be pretty jaw dropping considering all the dice sites around, i still think that feels a bit high profit.