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?

[1715021350]

1715021350

[1715021350]

1715021350

[1715021350]

1715021350

[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.

[Astargath]

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. 

Yes its a shame there are many of them, and im talking about skill games not dice 1 vs 1 or that kind of stuff, im surprised no one is making them because a lot of people is interested in it, recently there was someone who made bomberman multiplayer to bet with bitcoins but i dont remember the name

[WhatTheGox]

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. 

Yes its a shame there are many of them, and im talking about skill games not dice 1 vs 1 or that kind of stuff, im surprised no one is making them because a lot of people is interested in it, recently there was someone who made bomberman multiplayer to bet with bitcoins but i dont remember the name

right here bro :

https://bitcointalk.org/index.php?topic=1010288.0

Its up and running still in testing mode, i deposited on this site today infact, traffic is low atm.

[shanem]

Gambling site is still profitable but it would be best to think of a new betting game to attract more people.
If you are going to create more of those dice sites, the chance of failing is quite high because the dice betting market is saturated.

[BrianM]

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?

There is always room for another gambling site.
It is also a good idea making something new.
Just a dice site is too booring.
Gamblers like to try different things once in while.
Many gamblers are casual players, so having a good time is more important that a quick profit.
You also need to make sure to have a bit bank roll, so the site does not run dry (it can happen fast statistically, if you only have a small roll) ... and that is the dead of the site, clients will not come back.

[kinnu]

There are lot of gambling sites but people trust only few sites. You have to spend some money for marketing of your site.

[seoincorporation]

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?

I think the bitcoin gambling market still "Green", bitcoin users need some new ideas and new games. Gambling now is like 70%Dice, 29%Poker and 1%others....

The most profitable gambling site can be, dice... and more if you have a fake fair system like 999dice, lol.

Other option is buy the slots game and open your casino.

[rodrigobitcoin]

The bitcoin gambling world is really saturated, but is possible.
I like more a gambling with nice promo, giveaway ecc, where is possible bet in bitcoin and more other altcoin (like just-dice with clam)

[ticoti]

You must know how to attract people to your site,and making your site attractive
Marketing and innovation are the keys

[Criterion]

The bitcoin gambling world is really saturated, but is possible.
I like more a gambling with nice promo, giveaway ecc, where is possible bet in bitcoin and more other altcoin (like just-dice with clam)

I have to disagree.

Promotions and giveaway will only help a site short term. In order to actually make it these days you need a site with a lot of features, no downtime, a great customer support and an ínnovativ idea.

[Nautiluss]

i think its really saturated, but thats just me. and most of the top sites have been there since 2 years.

[Ernest1]

maybe create or purchase a free nongambling game or application first
then add gambling as an option or
link to gambling site for free action
reduce the barriers to gambling

[Altcoin4life]

The only reason it seems saturated is because it's not mainstream yet. Bitcoin gambling And casinos are just infants compared with wider adoption. There is much room to grow but it won't do that with just our little community. The real winners will announce to us as a favor not as a money maker. Most people on bitcointalk just want free money they could give a crap about supporting the furthering of the bitcoin gambling ecosystem. 98% of users on this forum are too poor to support a strong money making casino.

[Nidaleee]

so i guess theres more room for competition then, but bitcoin had 6 years though to be exposed to mainstream though no?

[Altcoin4life]

so i guess theres more room for competition then, but bitcoin had 6 years though to be exposed to mainstream though no?

Ask 20 people if they have even a basic concept of what bitcoin is I'm betting 18 or more won't have a clue. It's very far from mainstream. If online fiat gamblers understood the benefit of using bitcoin vs. fiat we could easily be looking at multi-billion dollar a year industry. Give it time, need to have the market mature as right now it's a bunch of smart people that have no idea how to market. Though from what I'm hearing some upcoming casino's are about to change that.

[bitbaby]

@OP: It's a tough business, I can tell you this much.

Attracting players to your site is going to be your biggest obstacle. And on top of the cost of making the website secure and attractive, you will have to invest a lot on promotions and marketing.

I have seen many gambling websites which ran good for few months and then they were closed due to loss in interest because they weren't offering anything special to gamblers.

Also, don't make a site based on same games. Think of something new and exciting but make sure it is provably fair and easy to understand. If done right, a site can still create a space for itself in the BTC Gambling world but it needs a lot of Investment, Patience and Effort.

[fox19891989]

Bitcoiner love spends their bitcoin, some of them also like to try new things
So, if you can make innovative gambling site. I'm sure many people will come

Even DaDice introduce their dice games even there are many other dice sites
But, their site is growing very fast

Yes, dice site market is saturated now, but dadice is growing very fast. We can see how marketing and promos are so important from dadice case.

Dadice owner has enough funds to operate good marketing campaigns and promotions. Signature campaign is the best, now they pay highest rate on avatar campaign. Besides, there is a social media campaign, which helps media promotions on twitter and facebook. Additionally, dadice run the best bounty, #20000000 and #50000000 run very well and successfully, many players got the bounty.

So I hope OP now has learnt how to run a popular casino/dice site now, and how to get players and traffic.  

[BitcoinAddicts]

Bitcoin gambling is a profitable business if you have something new and unique for gamblers,if you want to start a simple casino to dice then there are already many reputed similar sites there then why people join yours
try to make something new,easy and unique gambling site

[michinzx]

assuming you dont get exploited, it should be profitable long term given the house edge, but youll need a sizable bankroll.

[Slark]

There is a place for new ideas in the casino business. But you must be creative. I think that another simple dice site won't bring you many new customer. But something like nice variation of old casino games might.
On to of that you need to assure people that you are provably fair business from the start, and provide great support. Also there is no way that you succeed without promoting your casino so some sort of advertising is a must (buy a banner on bitcointalk or open signature campaign might be good idea).

[jmasterson]

i finally created a very simple game
the link is here
https://bitcointalk.org/index.php?topic=1040815.0
i hope you give it a try and let me know your thoughts

[operrajunk74]

I'm waiting to invest in your gambling site.. Ofourse new gambling site has a great future.. Market of Gambling sites is not saturated yet.. u have wide variety to earn profit..U just need to come out with the best features and user friendly site n that will definitely attract your target customers.

[ayesha98170]

Huge profit from a betting site is the problem there is nothing to debate. But to implement it is not simple at all. Most importantly you must have great capital, good PR, good promote, good design,... Money will automatically flow into your pocket. I am sure that

[seoincorporation]

i finally created a very simple game
the link is here
https://bitcointalk.org/index.php?topic=1040815.0
i hope you give it a try and let me know your thoughts

Really, that was your best?

Make a game or a gambling site is not easy but if you do it, it can be a great business. keep trying and some day you will have a great gambling site.

[Mr no juice]

There are pay per head shops out there which provide betting software all u do is collect its like 10 bucks for every Active customer a week so it really just takes clients to start one.

[Ingatqhvq]

you should make your site is special from others, then you may have chance to make profit. the competition   is fierce.

[jmasterson]

i just started two blockchain gambling site with guaranteed payments and stopped it because i lost a lot lol
the price of experience
but i will not give up. i will keep on learning.

[hasiramasenju]

i just started two blockchain gambling site with guaranteed payments and stopped it because i lost a lot lol
the price of experience
but i will not give up. i will keep on learning.

make it for the start even you lost and create something new and you will attract people
more interested for try you game

[Bitcoin Marketing]

No gambling website, even the best in the market, will success without marketing, operation and players traffic.

[PocketRocketsCasino]

No gambling website, even the best in the market, will success without marketing, operation and players traffic.

Your marketing strategy involves resurrecting 6 month old threads to increase post count?

[Harpua]

Ok, so I know this is an old thread.. but asks the questions that's been on my mind for a good while.  What if we think we have a really good idea for a new gambling game, but are stuck behind the legalities of not being able to create one because I live in the US?  Is there any way to legally go about making this website?

[Nahl]

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 still profitable and as you can see many gambling site around us and they always get profit every day

[chennan]

Ok, so I know this is an old thread.. but asks the questions that's been on my mind for a good while.  What if we think we have a really good idea for a new gambling game, but are stuck behind the legalities of not being able to create one because I live in the US?  Is there any way to legally go about making this website?

I'm not quite sure what the legalities are with creating/hosting a gambling website in the US, but I'm pretty certain that it's not good.  I would maybe try to find someone to host it for you? But then again, I'm not quite so sure about this stuff, and personally wouldn't want government busting down my door for creating some game I put up on the internet lol.

[Bitcoin Marketing]

There are more than 600 bitcoin gambling operators in the market ( research made in July 2015 ), among them:

• 60% bitcoin casinos or mainly casinos with additional games
• 20% bitcoin dice
• 10% bitcoin lotteries
• 8% bitcoin poker

Among these you can find well established operations, with marketing budget, with experienced employees and with long term plans. But, also you can find one man show websites, self development which are also making revenue from their site and able to integrate 3rd party games.

The question is not if one can have a bitcoin gambling website, each can have with very small investment
The real question is if one can make the revenue and the operation out of it, and this only the owner can answer.

Anyway, good luck

[Superhitech]

For new people trying to start a gambling site, I would recommend using the moneypot API to build a gambling site. That way, you don't have to fund a bankroll, and you aren't suspicious, as you can't run with the money when you are using the moneypot API.

[Harpua]

For new people trying to start a gambling site, I would recommend using the moneypot API to build a gambling site. That way, you don't have to fund a bankroll, and you aren't suspicious, as you can't run with the money when you are using the moneypot API.

Yeah, me and the guy I've hired to develop the site were planning on doing that.. But unfortunately we hit a snag in trying to figure out a way to make the game public because we are both from the U.S., and don't know what to do about laws regarding creating online gambling websites... I think we might have hit a dead end, but would you know any way we could make this work/ be legal?

[subSTRATA]

Ok, so I know this is an old thread.. but asks the questions that's been on my mind for a good while.  What if we think we have a really good idea for a new gambling game, but are stuck behind the legalities of not being able to create one because I live in the US?  Is there any way to legally go about making this website?

I'm not quite sure what the legalities are with creating/hosting a gambling website in the US, but I'm pretty certain that it's not good.  I would maybe try to find someone to host it for you? But then again, I'm not quite so sure about this stuff, and personally wouldn't want government busting down my door for creating some game I put up on the internet lol.

i believe its a legal gray area at this point, and no legal action is being taken against it. what primedice did some time ago barring US players from playing was a precaution more than anything. as for legalities, you could simply host the site in a server based in another country if you want to be absolutely careful.

[Harpua]

Ok, so I know this is an old thread.. but asks the questions that's been on my mind for a good while.  What if we think we have a really good idea for a new gambling game, but are stuck behind the legalities of not being able to create one because I live in the US?  Is there any way to legally go about making this website?

I'm not quite sure what the legalities are with creating/hosting a gambling website in the US, but I'm pretty certain that it's not good.  I would maybe try to find someone to host it for you? But then again, I'm not quite so sure about this stuff, and personally wouldn't want government busting down my door for creating some game I put up on the internet lol.

i believe its a legal gray area at this point, and no legal action is being taken against it. what primedice did some time ago barring US players from playing was a precaution more than anything. as for legalities, you could simply host the site in a server based in another country if you want to be absolutely careful.

But if I were to buy a VPS to host it on, would there be any chance of it coming to bite me/us in the ass? Like once it's on a server in, let's say Switzerland, the U.S. Government wouldn't be able to kick down our door, right?

[Harpua]

its still profitable uptill now, just make unique gambling site with unique prize will make your gambling site popular and at the end giving you profit

Yeah my game has definitely never been created or tried, but I believe it would become super popular once all the code is written and we figure out a way to host the site to a domain without running into legal troubles with government.

[FrueGreads]

I think it's all about marketing. Of course you can try to offer something different, but that will be very hard, and to be honest I don't think people care that much about what they are playing. I mean look a dice, I play it, but there is nothing really funny about that, except for the risk of winning or losing something. Also you can't really lower the edge to much or you won't be able to profit.

So I think it's all about marketing capabilities. Either you bring traffic to your site or you don't.

[Joel_Jantsen]

Market is never too saturated for creativity and some skills ! Even though most of the promoters around are into gambling or betting sites you can always out run them in the long run by creating something which is not there ! Start a gambling site  maybe with free option to play or better games to play ,overall a good user experience.If once players get hooked up to it, you will have your bacon! The idea is to make something which has not become  a cliche !

[LFC_Bitcoin]

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?

I kind of wish I knew about bitcoin in the early days, around 2010 etc. I think a casino or sports betting site would have been the best kind of thing to invest in bitcoin wise.

There are too many established & reputable ones around now though so I wouldn't start one now.

[Harpua]

Market is never too saturated for creativity and some skills ! Even though most of the promoters around are into gambling or betting sites you can always out run them in the long run by creating something which is not there ! Start a gambling site  maybe with free option to play or better games to play ,overall a good user experience.If once players get hooked up to it, you will have your bacon! The idea is to make something which has not become  a cliche !

What if I truly believe I've got the creativity and have a brilliant idea for a new gambling game/site, but don't have the skills to code nor the legal standing to host one since I'm in the US?  I really believe the game I have in mind will be a big hit.  If any one knows any body who would like to start a partnership to create the "next big thing" for online gambling, please respond to me, or shoot me a PM.  I would love for someone to jump aboard and help create it, if they are in a jurisdiction that allows them to make online gambling site; and in return I will do all campaigning and marketing of the game.

I've also got some spare funds to fund the creation of the site, but with this game you don't need a bank roll to start out (No it's not a ponzi).

[Joel_Jantsen]

You're at the right place then! There are lot of experience programmers and web developers available here to code! In fact, there are other investors who can invest with you if they sense strategy in your business model.As far as US government issues are concerned on a gambling site, I suggest you to take advice from the other gambling site owners here .

[Omikifuse]

Market is never too saturated for creativity and some skills ! Even though most of the promoters around are into gambling or betting sites you can always out run them in the long run by creating something which is not there ! Start a gambling site  maybe with free option to play or better games to play ,overall a good user experience.If once players get hooked up to it, you will have your bacon! The idea is to make something which has not become  a cliche !

What if I truly believe I've got the creativity and have a brilliant idea for a new gambling game/site, but don't have the skills to code nor the legal standing to host one since I'm in the US?  I really believe the game I have in mind will be a big hit.  If any one knows any body who would like to start a partnership to create the "next big thing" for online gambling, please respond to me, or shoot me a PM.  I would love for someone to jump aboard and help create it, if they are in a jurisdiction that allows them to make online gambling site; and in return I will do all campaigning and marketing of the game.

I've also got some spare funds to fund the creation of the site, but with this game you don't need a bank roll to start out (No it's not a ponzi).

Have you already made all the business stuff that the business people tell you to do before you open a business?

Like: what will be your public target, how much setup and maintain the site will cost, etc

[Harpua]

You're at the right place then! There are lot of experience programmers and web developers available here to code! In fact, there are other investors who can invest with you if they sense strategy in your business model.As far as US government issues are concerned on a gambling site, I suggest you to take advice from the other gambling site owners here .

Who would you suggest I contact? Do you know any of the gambling site owners, or developers here?  I don't really want to pay someone just to code it for me, because I still run into the problem of being faced legal issues with trying to find hosting; and personally, I don't want my door kicked in because I'm running some game online... I'd like to run a partnership.

If anyone on here is browsing this and knows a gambling site owner, or is one... please respond on here or shoot me a PM.  It's sports related, and I'm confident no one has done this ever... it's not daily fantasy, or anything of the sort... completely new idea and concept.

[Harpua]

Market is never too saturated for creativity and some skills ! Even though most of the promoters around are into gambling or betting sites you can always out run them in the long run by creating something which is not there ! Start a gambling site  maybe with free option to play or better games to play ,overall a good user experience.If once players get hooked up to it, you will have your bacon! The idea is to make something which has not become  a cliche !

What if I truly believe I've got the creativity and have a brilliant idea for a new gambling game/site, but don't have the skills to code nor the legal standing to host one since I'm in the US?  I really believe the game I have in mind will be a big hit.  If any one knows any body who would like to start a partnership to create the "next big thing" for online gambling, please respond to me, or shoot me a PM.  I would love for someone to jump aboard and help create it, if they are in a jurisdiction that allows them to make online gambling site; and in return I will do all campaigning and marketing of the game.

I've also got some spare funds to fund the creation of the site, but with this game you don't need a bank roll to start out (No it's not a ponzi).

Have you already made all the business stuff that the business people tell you to do before you open a business?

Like: what will be your public target, how much setup and maintain the site will cost, etc

Public target will be sports fans that are getting tired of placing bets against the "line"... I'll give more details to a person that runs a gambling website already, or wants to create one that's in the right jurisdiction to be able to host it. 

I was looking at VPS's and they look like there's one in switzerland that looks pretty good and basically costs ~ $6 a month... with the estimated profits the site will create, and buzz it will cause in the bitcoin and altcoin community, it will definitely be worth it.

[Bitcoin Marketing]

Not that im against and social and forum help,
but why dont you hire a consultant to escort you thru the process ?

[Harpua]

Not that im against and social and forum help,
but why dont you hire a consultant to escort you thru the process ?

I wouldn't even know where to begin to try to find a consultant for this kind of endeavor... most people still haven't really heard or paid attention to cryptos, so I feel that they wouldn't want to help me out because they feel it would be pointless.

[Hugroll]

id imagine you would need a giant capital to start with or some investors however thats unlikely since rarely anyone invests in new sites.

[Harpua]

id imagine you would need a giant capital to start with or some investors however thats unlikely since rarely anyone invests in new sites.

In this case I really wouldn't because it would be a PvP site that combines things in a pool for a big reward to the winner. That's all I'll really say, but the site wouldn't need a backup "bank" of investments if there are big winners, because players set the price points, in the game I have in mind.

[shulio]

I think it's all about marketing. Of course you can try to offer something different, but that will be very hard, and to be honest I don't think people care that much about what they are playing. I mean look a dice, I play it, but there is nothing really funny about that, except for the risk of winning or losing something. Also you can't really lower the edge to much or you won't be able to profit.

So I think it's all about marketing capabilities. Either you bring traffic to your site or you don't.

Nope I dont agree on that. May be part of it is about the marketing thing but for me personally I play at dice it depends on their chat, if there are active players and admin to chat it will be fun, any gambling site is all the same, sometimes people are gambling alone yeah it is no fun but if you can share strategy and chatting I guess that would be fun to play dice

[WEBcreator]

Not that im against and social and forum help,
but why dont you hire a consultant to escort you thru the process ?

I wouldn't even know where to begin to try to find a consultant for this kind of endeavor... most people still haven't really heard or paid attention to cryptos, so I feel that they wouldn't want to help me out because they feel it would be pointless.

Go to services tab. You can hire someone with a good skills there, there are so many people want to find this jobs. If you never try how can you even know that your site will be played or not? Thats why you need big amount of fund to open a new site and make some promotions and giveaways

[Pursuer]

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?

I think there is always room for new gambling site and the market will never be full. so anybody with a new idea can start in this market and still be successful.

but keep in mind that doing what a lot of other are doing is not a good idea. just look at this section, every day there is a new dice site is created and vanishes after a while. the reason is that they don't have any plan or new idea, they just copy a 1000 times used script and change a couple of things in it.

but if you have a new idea, and you can make it interesting. there is always room for it in this market.

[Altcoin4life]

Friend of mine and I thought starting a site was a good idea. Don't let this forum fool you there are less than 10k actual players and hundreds of sites. The forums make you think there's tons of ppl playing when in fact it's 85% or more just here to earn money with signature campaigns. If current trend keeps up there will be more sites than players so keep this in mind and don't let appearances fool you. Maybe 5 years if fiat players switch to bitcoin then sure right now...hell no.

[Hazir]

It is always profitable to start a new gambling site, why? Short answer is:Because it is profitable business.
But you need to answer some questions first:

1. Do you have money for this startup? Or you just want to copy old dice scripts?
2. Do you want to create something unique or copy good ideas of others?
3. Do you want to hit some gambling niche never explored before?
4. Do you think you can bring something new to the table?

[neochiny]

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?

ofcourse gambling sites is always profitable to its owner.
especially when you attract more gamblers.
in btc the most popular gambling is dice game i think.
but i should make it unique one so gambers will be
attracted to it.
goodluck..

[Harpua]

It is always profitable to start a new gambling site, why? Short answer is:Because it is profitable business.
But you need to answer some questions first:

1. Do you have money for this startup? Or you just want to copy old dice scripts?
2. Do you want to create something unique or copy good ideas of others?
3. Do you want to hit some gambling niche never explored before?
4. Do you think you can bring something new to the table?

Well I do have some funds to maybe do a couple free giveaway buy ins for users, and maybe start a new sig campaign, but that's why I want to go in on a partnership with someone already in the gambling business or knows how to code and host a website legally. I feel if someone can be a full time dev and I'll work in terms of marketing full time then it would be beneficial for both of us. I just don't know where to start, because I've tried starting something in project development and I feel that I might need to try services, but in that area it seems those guys are just looking for freelance work, rather than a partnership...

But idk how to go about trusting that a person won't just run away with my idea when I tell them because it is so simple and probably a more profitable site than running a sports casino that uses spreads to create some kind of house edge. My idea doesn't need an edge and guarantees to make profit off every game... Not much, but still it's gaurenteed. Plus the payouts for winners would be extremely high and worth the gamble if they can part away with some extra btc.

[subSTRATA]

Ok, so I know this is an old thread.. but asks the questions that's been on my mind for a good while.  What if we think we have a really good idea for a new gambling game, but are stuck behind the legalities of not being able to create one because I live in the US?  Is there any way to legally go about making this website?

I'm not quite sure what the legalities are with creating/hosting a gambling website in the US, but I'm pretty certain that it's not good.  I would maybe try to find someone to host it for you? But then again, I'm not quite so sure about this stuff, and personally wouldn't want government busting down my door for creating some game I put up on the internet lol.

i believe its a legal gray area at this point, and no legal action is being taken against it. what primedice did some time ago barring US players from playing was a precaution more than anything. as for legalities, you could simply host the site in a server based in another country if you want to be absolutely careful.

But if I were to buy a VPS to host it on, would there be any chance of it coming to bite me/us in the ass? Like once it's on a server in, let's say Switzerland, the U.S. Government wouldn't be able to kick down our door, right?

I believe not, as long as the content on the server is not illegal in Switzerland, but I might be wrong, I'm not a lawyer. I would advise you look around extensively on Google, but Swiss laws are generally lax on currencies.

[deadlyunknown]

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?

Something that is unique in the gambling market, and with a nice customer support as well, you will succeed as a site owner.

[panjul07]

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?

Something that is unique in the gambling market, and with a nice customer support as well, you will succeed as a site owner.

Dont forget about marketing strategy. Unique game and nice customer support without great marketing strategy (promotions, advertising, giveaway,etc) will lead in fail IMO.

[pooya87]

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?

it is profitable ONLY if you know what you are doing.
and also only if you are not planning on doing a quick copy & paste of the infamous moneypot script which we see everyday a new site is using it.

you have to invest your time and money into the project in order to make it successful, but one thing is for sure; and that is the market is still not full and has space for more new ideas.

[StevenLiang]

If you really consider to make some gambling sites.
Then you need to make secure sites which with good appearances and probably fair game.
I suggest to make poker site with bundle of html program. People will start to play in your game if "your marketing team" good.

[Harpua]

Ok, so I know this is an old thread.. but asks the questions that's been on my mind for a good while.  What if we think we have a really good idea for a new gambling game, but are stuck behind the legalities of not being able to create one because I live in the US?  Is there any way to legally go about making this website?

I'm not quite sure what the legalities are with creating/hosting a gambling website in the US, but I'm pretty certain that it's not good.  I would maybe try to find someone to host it for you? But then again, I'm not quite so sure about this stuff, and personally wouldn't want government busting down my door for creating some game I put up on the internet lol.

i believe its a legal gray area at this point, and no legal action is being taken against it. what primedice did some time ago barring US players from playing was a precaution more than anything. as for legalities, you could simply host the site in a server based in another country if you want to be absolutely careful.

But if I were to buy a VPS to host it on, would there be any chance of it coming to bite me/us in the ass? Like once it's on a server in, let's say Switzerland, the U.S. Government wouldn't be able to kick down our door, right?

I believe not, as long as the content on the server is not illegal in Switzerland, but I might be wrong, I'm not a lawyer. I would advise you look around extensively on Google, but Swiss laws are generally lax on currencies.

But see, I don't even know what I pull up on Google is exactly right though.. and don't really want to hire a lawyer from where I'm from, because I know that person is just going to say "give up"; because people here in this part of the US have probably never heard or care about cryptocurrencies.  I don't even think the lawyer would have any idea their selves since crytpocurrency gambling is still so new.

[panjul07]

If you really consider to make some gambling sites.
Then you need to make secure sites which with good appearances and probably fair game.
I suggest to make poker site with bundle of html program. People will start to play in your game if "your marketing team" good.

It is hard to start a poker site because poker site need so long time to grow that means it needs much money. There were many failed poker sites this year because of that reason. Most of them had a great grand opening promotion and many players join on the promotion, then the players leave after the promotion is over.

[Xenoph0bia]

There are many gambling sites available and all of them are active but out of these sites only few gambling sites are very popular. Mostly gambling sites are  popular mainly because of the popular games on that sites. Sports betting sites are also very popular as many people follow sports and they think that they can predict the result of the match so they focus on sports betting. I think sports betting site will be more profitable.

[subSTRATA]

Ok, so I know this is an old thread.. but asks the questions that's been on my mind for a good while.  What if we think we have a really good idea for a new gambling game, but are stuck behind the legalities of not being able to create one because I live in the US?  Is there any way to legally go about making this website?

I'm not quite sure what the legalities are with creating/hosting a gambling website in the US, but I'm pretty certain that it's not good.  I would maybe try to find someone to host it for you? But then again, I'm not quite so sure about this stuff, and personally wouldn't want government busting down my door for creating some game I put up on the internet lol.

i believe its a legal gray area at this point, and no legal action is being taken against it. what primedice did some time ago barring US players from playing was a precaution more than anything. as for legalities, you could simply host the site in a server based in another country if you want to be absolutely careful.

But if I were to buy a VPS to host it on, would there be any chance of it coming to bite me/us in the ass? Like once it's on a server in, let's say Switzerland, the U.S. Government wouldn't be able to kick down our door, right?

I believe not, as long as the content on the server is not illegal in Switzerland, but I might be wrong, I'm not a lawyer. I would advise you look around extensively on Google, but Swiss laws are generally lax on currencies.

But see, I don't even know what I pull up on Google is exactly right though.. and don't really want to hire a lawyer from where I'm from, because I know that person is just going to say "give up"; because people here in this part of the US have probably never heard or care about cryptocurrencies.  I don't even think the lawyer would have any idea their selves since crytpocurrency gambling is still so new.

then you need to learn how to use google more effectively. do a search and make sure the websites you're going to are credible. example: do a search on the status of bitcoin as a currency in terms of swiss law, and cross reference that from multiple  credible sources you can find off of google. next, research online gambling laws in switzerland, etc. there isnt going to be a conveniently defined clause for you that says "bitcoin gambling hosted from x country run by a person in y country is legal/illegal."

[Ziggs]

You have to be aware that if a whale hits a big run, its a huge loss on your part.

And not seeing any returns anytime soon, it goes both ways, but you have to be prepared which requires a huge investment money.

[vendetahome]

of course it is still profitable to start a new gambling site if you have some unique ideas as people will surely play on it

[Harpua]

You have to be aware that if a whale hits a big run, its a huge loss on your part.

And not seeing any returns anytime soon, it goes both ways, but you have to be prepared which requires a huge investment money.

This wouldn't be a dice site where I would have to have a stash of BTC for me to have in case of a person wins a big prize... this will be a PvP gambling site that I want to create.

then you need to learn how to use google more effectively. do a search and make sure the websites you're going to are credible. example: do a search on the status of bitcoin as a currency in terms of swiss law, and cross reference that from multiple  credible sources you can find off of google. next, research online gambling laws in switzerland, etc. there isnt going to be a conveniently defined clause for you that says "bitcoin gambling hosted from x country run by a person in y country is legal/illegal."

Ok, I'll try it out and see what I can conjure up.  But how would I really know if a site that I come across is credible or not in your opinion?

[yanka50]

You can always start your dice site with low bets according to your bankroll.

[subSTRATA]

You have to be aware that if a whale hits a big run, its a huge loss on your part.

And not seeing any returns anytime soon, it goes both ways, but you have to be prepared which requires a huge investment money.

This wouldn't be a dice site where I would have to have a stash of BTC for me to have in case of a person wins a big prize... this will be a PvP gambling site that I want to create.

then you need to learn how to use google more effectively. do a search and make sure the websites you're going to are credible. example: do a search on the status of bitcoin as a currency in terms of swiss law, and cross reference that from multiple  credible sources you can find off of google. next, research online gambling laws in switzerland, etc. there isnt going to be a conveniently defined clause for you that says "bitcoin gambling hosted from x country run by a person in y country is legal/illegal."

Ok, I'll try it out and see what I can conjure up.  But how would I really know if a site that I come across is credible or not in your opinion?

use your head.

[Xerath]

You can always start your dice site with low bets according to your bankroll.

he just stated its not a dice site, but another gambling site thats towards pvp gambling.

i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.

[Harpua]

You can always start your dice site with low bets according to your bankroll.

he just stated its not a dice site, but another gambling site thats towards pvp gambling.

i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.

Haha, yeah... I don't really know why people are always assuming I'm trying to create yet another dice game like everyone else... or maybe they are trying to reference to OP's post, I'm not quite sure.  I feel bad for overtaking this thread for my own questions, but I wanted to get the consensus of what to do in the gambling thread already, and since the thread has already been made for me, why not? 

But I would like to get all of you guys's opinions on what I should do... Should I try and contact a moderator for a sports gambling website, or just any gambling website in general, and see if they would want to try and implement my game on their site, or to create another one?  Should I post in the services section and state that I want to form some kind of "partnership"?  I'm just not quite sure what to do...  I just truly believe I have a really unique idea that gamblers on here would love, especially if they are sports fans...

[adaseb]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

[hua_hui]

You can always start your dice site with low bets according to your bankroll.

he just stated its not a dice site, but another gambling site thats towards pvp gambling.

i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.

Haha, yeah... I don't really know why people are always assuming I'm trying to create yet another dice game like everyone else... or maybe they are trying to reference to OP's post, I'm not quite sure.  I feel bad for overtaking this thread for my own questions, but I wanted to get the consensus of what to do in the gambling thread already, and since the thread has already been made for me, why not? 

But I would like to get all of you guys's opinions on what I should do... Should I try and contact a moderator for a sports gambling website, or just any gambling website in general, and see if they would want to try and implement my game on their site, or to create another one?  Should I post in the services section and state that I want to form some kind of "partnership"?  I'm just not quite sure what to do...  I just truly believe I have a really unique idea that gamblers on here would love, especially if they are sports fans...

i think you can just assumed that some of them r not reading all the post so they will replied only to the first few posts and that is before you say it is not about dice gambling.

[subSTRATA]

You can always start your dice site with low bets according to your bankroll.

he just stated its not a dice site, but another gambling site thats towards pvp gambling.

i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.

Haha, yeah... I don't really know why people are always assuming I'm trying to create yet another dice game like everyone else... or maybe they are trying to reference to OP's post, I'm not quite sure.  I feel bad for overtaking this thread for my own questions, but I wanted to get the consensus of what to do in the gambling thread already, and since the thread has already been made for me, why not? 

But I would like to get all of you guys's opinions on what I should do... Should I try and contact a moderator for a sports gambling website, or just any gambling website in general, and see if they would want to try and implement my game on their site, or to create another one?  Should I post in the services section and state that I want to form some kind of "partnership"?  I'm just not quite sure what to do...  I just truly believe I have a really unique idea that gamblers on here would love, especially if they are sports fans...

i think you can just assumed that some of them r not reading all the post so they will replied only to the first few posts and that is before you say it is not about dice gambling.

yup, take this post spammer for example. didnt read past the op.

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

You can always start your dice site with low bets according to your bankroll.

he just stated its not a dice site, but another gambling site thats towards pvp gambling.

i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.

Haha, yeah... I don't really know why people are always assuming I'm trying to create yet another dice game like everyone else... or maybe they are trying to reference to OP's post, I'm not quite sure.  I feel bad for overtaking this thread for my own questions, but I wanted to get the consensus of what to do in the gambling thread already, and since the thread has already been made for me, why not? 

But I would like to get all of you guys's opinions on what I should do... Should I try and contact a moderator for a sports gambling website, or just any gambling website in general, and see if they would want to try and implement my game on their site, or to create another one?  Should I post in the services section and state that I want to form some kind of "partnership"?  I'm just not quite sure what to do...  I just truly believe I have a really unique idea that gamblers on here would love, especially if they are sports fans...

you should have your idea planned out thoroughly before even considering where to start in terms of development. make sure you have a clear picture of what's going to be implemented, then either decide if its best you look for a developer or contact a casino owner that might be willing to buy the idea off of you.

[StevenLiang]

If you really consider to make some gambling sites.
Then you need to make secure sites which with good appearances and probably fair game.
I suggest to make poker site with bundle of html program. People will start to play in your game if "your marketing team" good.

It is hard to start a poker site because poker site need so long time to grow that means it needs much money. There were many failed poker sites this year because of that reason. Most of them had a great grand opening promotion and many players join on the promotion, then the players leave after the promotion is over.

Actually poker sites not need too much capital or money for promotion. All their need is know to make secure and trasparent websites. When people start to trust and play in their 'secure site', they will earn profit from their rake.

*to increase marketing instead of making promotion give aways, they better to give high rake back referrals. Who invite a lot friends will get a lot bonus from rake their friends win's.

[darkangel11]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

Don't forget luck. Once you made the whole thing Bitcoin may cease to exist.
I've also seen businesses being destroyed by competition even though they were creative.

[StevenLiang]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

Don't forget luck. Once you made the whole thing Bitcoin may cease to exist.
I've also seen businesses being destroyed by competition even though they were creative.

In business not all probability depends on luck. But for some reason, yes. (such as destiny, fate, fortune, etc)
And about bitcoin will cease to exist, they also had possibility to be more expensive in future. Btw, i like to use bitcoin as my payments method.

[Superhitech]

You can always start your dice site with low bets according to your bankroll.

he just stated its not a dice site, but another gambling site thats towards pvp gambling.

i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.

PvP gambling is one of the hardest gambling sites to profit from though, that's why unfortunately you don't see many of them around. If you plan to run a PvP site, you will need very good marketing to get many players to play at your site.

[hua_hui]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

Don't forget luck. Once you made the whole thing Bitcoin may cease to exist.
I've also seen businesses being destroyed by competition even though they were creative.

In business not all probability depends on luck. But for some reason, yes. (such as destiny, fate, fortune, etc)
And about bitcoin will cease to exist, they also had possibility to be more expensive in future. Btw, i like to use bitcoin as my payments method.

i agree. we cannot say that bitcoin is uncertain now so dont use bitcoin as there is a risk. in this way, you should not even do anything because there is always a risk. it is about taking the right risk. Do you believe in btc? do you have the right mentality to create a casino? do you have the resources to operate it? do you have the right idea to standout among the other competitor?

[Hugroll]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

agreed if you get an amazing idea, you can turn into one of the biggest gambling sites out there. all u would need is an idea that seperates your site from the rest, only one that comes to mind is something like a bitcoin lottery system

[Superhitech]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

agreed if you get an amazing idea, you can turn into one of the biggest gambling sites out there. all u would need is an idea that seperates your site from the rest, only one that comes to mind is something like a bitcoin lottery system

I don't think bitcoiners like lotteries much though; there have been some lotteries sites in the past but they never became popular. What you need is a completely original concept, like bustabit.com.

[pooya87]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

agreed if you get an amazing idea, you can turn into one of the biggest gambling sites out there. all u would need is an idea that seperates your site from the rest, only one that comes to mind is something like a bitcoin lottery system

I don't think bitcoiners like lotteries much though; there have been some lotteries sites in the past but they never became popular. What you need is a completely original concept, like bustabit.com.

i agree. i have seen a couple of these lottery sites and also a lot of lottery topics here in this forum but none of them were successful so far.
i think it is mostly because the odds of wining lottery is usually low hence no winning. and as a result nobody can actually trust them or even bother spending bitcoin on not winning.

[absy]

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?

Its not too late.. you can still start it/. but the main thing is you must have creative mind and must provide something extra in your site which others are providing,.. why would somebody leave their fav site and come to yours? there must be a reason.. and you must find that

[chennan]

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?

Its not too late.. you can still start it/. but the main thing is you must have creative mind and must provide something extra in your site which others are providing,.. why would somebody leave their fav site and come to yours? there must be a reason.. and you must find that

It looks like this has been stated multiple times by people on this thread.. I think the main question that's being asked, mainly by Harpua, is that how would one act on that idea, with no coding capabilities.

Personally I'd think going to a legit online gambling site maker and asking them if they would want to go in on your idea would be the best bet imo.. I wouldn't try sneaking around laws.

[subSTRATA]

You can make alot of money with a Bitcoin gambling site. TONS of money but you need experience, capital, patience, and creativity.

You can't open up another dice site, there are way too many of them out there. You need a special creative idea and you will make TONS of money.

agreed if you get an amazing idea, you can turn into one of the biggest gambling sites out there. all u would need is an idea that seperates your site from the rest, only one that comes to mind is something like a bitcoin lottery system

I don't think bitcoiners like lotteries much though; there have been some lotteries sites in the past but they never became popular. What you need is a completely original concept, like bustabit.com.

i agree. i have seen a couple of these lottery sites and also a lot of lottery topics here in this forum but none of them were successful so far.
i think it is mostly because the odds of wining lottery is usually low hence no winning. and as a result nobody can actually trust them or even bother spending bitcoin on not winning.

i think its more a problem of a small playerbase; a lottery or any other pot-based game requires input from other players, which may not exist without enough marketing from the owners. single player games such as dice, blackjack, etc. can be played whenever the player wants, as long as the site is online and the player has money. the same can be said of many pvp games, example: tappabit.

[twister]

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?

With Bitcoin I think it's the most profitable business there is but you have to think different and don't follow the crowd and have some features different on your website to attract players and it's still a great market to do that. I actually have an idea but I know if I tell anyone, they're gonna cut me off and make one for their own. There is no copyright with ideas.

[Harpua]

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?

With Bitcoin I think it's the most profitable business there is but you have to think different and don't follow the crowd and have some features different on your website to attract players and it's still a great market to do that. I actually have an idea but I know if I tell anyone, they're gonna cut me off and make one for their own. There is no copyright with ideas.

Yeah, that's what I was thinking earlier too with how I should sell my idea to someone without having them take it and profit from it for them selves. But the fact is, is if you can come up with a way to describe what it is and what it does, without telling them the actual format of the game itself in much detail.. You'll be fine.

[BTCevo]

You can always start your dice site with low bets according to your bankroll.

he just stated its not a dice site, but another gambling site thats towards pvp gambling.

i think any form of gambling is a good business as long people are addicted to that type of game. these days you can bet on e-sports for gambling.

PvP gambling is one of the hardest gambling sites to profit from though, that's why unfortunately you don't see many of them around. If you plan to run a PvP site, you will need very good marketing to get many players to play at your site.

Actually this PvP games is nice to play although they can't get big profit but people are interested in this kind of game because you can do it with other players, so its like playing poker but in different version. But it needs a lot of players to play if not this game will not work

[BitMaxz]

No matter what happen gambling bussness is the most profitable than other bussness... but you need parters if you make your own gambling site because you do not support it with your self only.,...
some gambling site has 24/7 support active.. so think before you make gambling site....

[apriyani420]

i believe it might be really profitable to create a new gambling website as people will always want to gamble on an interesting website

[Inkvor]

if you have any good idea or something really different from poker and all that stuff then it could be profitable in the long run ...
but definitely not a dice site again...

[yanka50]

What kind of bankroll would you need to open a dice website?

[Buziss]

What kind of bankroll would you need to open a dice website?

It depends on how much risk you want to take, and how large you want the max bet or max profit limit to be. By Kelly formula, the max profit should be bankroll * house edge %. So if you want your max profit to be 1 btc with a house edge of 1%, you would need a 100 btc bankroll.

[Inkvor]

What kind of bankroll would you need to open a dice website?

It depends on how much risk you want to take, and how large you want the max bet or max profit limit to be. By Kelly formula, the max profit should be bankroll * house edge %. So if you want your max profit to be 1 btc with a house edge of 1%, you would need a 100 btc bankroll.

those calculations dont answer how much bankroll you need to open a website its just statistics and probables..
i would advice a minimum of 300 + bitcoins bankroll for any gambling casino.

[FrueGreads]

What kind of bankroll would you need to open a dice website?

It depends on how much risk you want to take, and how large you want the max bet or max profit limit to be. By Kelly formula, the max profit should be bankroll * house edge %. So if you want your max profit to be 1 btc with a house edge of 1%, you would need a 100 btc bankroll.

those calculations dont answer how much bankroll you need to open a website its just statistics and probables..
i would advice a minimum of 300 + bitcoins bankroll for any gambling casino.

Really 300+ BTC as a minimum for opening a casino? I see so many popping up (at least dice), do they all have that much?

[Shogen]

Really 300+ BTC as a minimum for opening a casino? I see so many popping up (at least dice), do they all have that much?

Of course not. Some are built as Moneypot apps and the owners don't need any bankroll for the site to work. Some are built as a standalone site but is only accepting small bets, while some take bankroll investment and thus the owners only need to contribute a relatively small amount themselves.

[Herbert2020]

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?

Its not too late.. you can still start it/. but the main thing is you must have creative mind and must provide something extra in your site which others are providing,.. why would somebody leave their fav site and come to yours? there must be a reason.. and you must find that

It looks like this has been stated multiple times by people on this thread.. I think the main question that's being asked, mainly by Harpua, is that how would one act on that idea, with no coding capabilities.

Personally I'd think going to a legit online gambling site maker and asking them if they would want to go in on your idea would be the best bet imo.. I wouldn't try sneaking around laws.

you don't need to know anything about coding. you just need to have a "good" "new" "idea" then you can hire somebody who does the coding for you.

the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.

[darkangel11]

you don't need to know anything about coding. you just need to have a "good" "new" "idea" then you can hire somebody who does the coding for you.

the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.

You'll still need money to start it and even more if you need to hire people to built the site for you. This is a serious investment.

[BitMaxz]

And you need a parters for this bussness and some assistance to  have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .

[Joel_Jantsen]

you don't need to know anything about coding. you just need to have a "good" "new" "idea" then you can hire somebody who does the coding for you.

the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.

You'll still need money to start it and even more if you need to hire people to built the site for you. This is a serious investment.

I don't think you need money or you need to hire people as such .You need initial investment which is TIME !To start a gambling site you need a creative idea ,not saturated stuff.people will come to your site if they see fair games and profit .Start off with some free website building tools and they are totally free! Once done you could learn basic coding to design flash based games.So many freelancers do it for very cheap prices and I wont count that as  a big installment .

[Nobitcoin]

People still go crazy on Bitcoin dice but there's a steady stream of new Casinos that popup weekly. I think the market is still open to new ideas but those seem hard to come by these days.

[Xenoph0bia]

Many gambling sites are popular among the gamblers. Most of the gambling sites are  popular mainly because of the popular games on that sites. Sports betting sites are also very popular as many people follow sports and they think that they can predict the result of the match so they focus on sports betting. I believe that sports betting site will be more successful.

[Joel_Jantsen]

And you need a parters for this bussness and some assistance to  have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .

I agree with the fact he needs little be contacts with partners like experienced people but doesn't need a capital of 4000$.Websites developing has become so much cheaper now .For 200$ anyone can develop a full fledged gambling website ,maybe they will ask 200 extra for bitcoin API but its still less than 1000$ he can spend rest of the money for the most important part SEO and traffic .

[Hugroll]

And you need a parters for this bussness and some assistance to  have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .

I agree with the fact he needs little be contacts with partners like experienced people but doesn't need a capital of 4000$.Websites developing has become so much cheaper now .For 200$ anyone can develop a full fledged gambling website ,maybe they will ask 200 extra for bitcoin API but its still less than 1000$ he can spend rest of the money for the most important part SEO and traffic .

the $4000 capital doesnt all have to be for development and for site maintenance, the money could also be used as capital for bets placed on the sites and such. although $4000 seems like quite a high number to me. but ive never made a gambling site so what do i know

[chennan]

And you need a parters for this bussness and some assistance to  have a good support from gamblers..
Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .

I agree with the fact he needs little be contacts with partners like experienced people but doesn't need a capital of 4000$.Websites developing has become so much cheaper now .For 200$ anyone can develop a full fledged gambling website ,maybe they will ask 200 extra for bitcoin API but its still less than 1000$ he can spend rest of the money for the most important part SEO and traffic .

the $4000 capital doesnt all have to be for development and for site maintenance, the money could also be used as capital for bets placed on the sites and such. although $4000 seems like quite a high number to me. but ive never made a gambling site so what do i know

$4000 would definitely be way too much.  If someone is just trying to start a PvP site where the site doesn't need a bank supply to ensure that they can pay out the winners, since it will be players playing against each other with their own bets, then all they would need is money for someone to code (if they already can't) and money to host a site (if they predict they wouldn't have the bandwidth to support incoming traffic).

[leex1528]

In order to start a good site you are going to need a new good idea.  The problem is there are so many dice sites, and since they offer the best house edge it is tough to compete with them.  You will need a unique idea with a low house edge and have to have many promotions to get people to the site.

[mtnsaa]

If you want to create the same old gambling site without bringing anything new to the table then not sure. But there will always be room for unique and innovative ways to gamble. I don't particular like same old house edge casinos or dice site, they provide a service that sometimes is good for quick fun but in the end you'll lose. Fantasy draft leagues are hot right now (not in Bitcoin but you know, FanDuel, etc), sports betting is a good option if you create one with a twist, etc.

It's just how you market the idea and the usability, if you create something very easy and appealing to use you'll be miles ahead of the competition.

[Kevin77]

If you want to create the same old gambling site without bringing anything new to the table then not sure. But there will always be room for unique and innovative ways to gamble. I don't particular like same old house edge casinos or dice site, they provide a service that sometimes is good for quick fun but in the end you'll lose. Fantasy draft leagues are hot right now (not in Bitcoin but you know, FanDuel, etc), sports betting is a good option if you create one with a twist, etc.

It's just how you market the idea and the usability, if you create something very easy and appealing to use you'll be miles ahead of the competition.

Yes starting a innovative new gambling sites would be more profitable than starting alt coin exchanges.
People always will be ready to gamble if they find funny things rather than profitable gambling. Many people are here who just gambling only for pleasure and joy not for making profits.

[NLNico]

Pretty much all estimates in this topic are a joke :X

- $200 - $400 to develop a gambling site? "the coding can be done by anybody and it is easy"? Lmao. If you want to be hacked or scammed, that sounds right. But if you want a trusted and good developer, you can add some zeros to that amount and be surprised how difficult getting such developer is.

- $6 a month for a VPS? Can be... (my site easily runs on such VPS) but you can't expect to process millions of bets a day on that The bigger sites generally do pay hundreds of dollars a month for proper servers.

- PD earns 100 bitcoins a day? It's actually easy to have a theoretical estimation of profits. Just look at my site. HE *  wagered, easy. Variance can be more sick than you think though.

In addition people generally overestimate their genius ideas, no offense. Perhaps it doesn't exist yet because people don't care for it. And altho unique ideas can be awesome (like bustabit), sometimes people are hesitant to try something new.

Actually there are some unique games that I like, for example 64blocks.com - and it's even properly developed / good UI / etc. Still almost no traffic/players. Good unique idea, properly developed, trusted owner (Dabs), .... still no players. Just put in some "marketing" and "SEO" is also a lot harder than you think



Overall: people highly overestimate how easy it is to get a gambling site running with a decent amount of players.

[cazkooo]

Overall: people highly overestimate how easy it is to get a gambling site running with a decent amount of players.

People just thought that if they have gambling site then people will come in and put their money there and play.

I welcome all of you people to check moneypot and see from 600++ apps there how many apps is a success there. Some of the featured apps in there has a very little activity as well and most of the owner is not making anything

[Heutenamos]

Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .

maybe it is a good estimation for making a website  but i doubt we are here to build one ? there is a big difference between just a website and a gambling casino...its a business ,investment ...etc..not just simple website.

[RHavar]

People here really should study NLNico's post. Just to add to his points, you'll be lucky to find a reliable, qualified programmer you can trust for $100/hour. I've paid several people online for work, and the vast majority of cases have been total disasters. The last time I paid what should've worked out to ~$100/hour I ended up with poor quality, half-finished code that I needed to completely refactor myself. (I'm sure this gets a lot easier if you have stable work to offer. But it's rarely as simple as "find someone who can code")

People on BaB chat often speculate how hard it'd be to cost to run their own (the source is open), and most people seem to believe they can host it for ~$6 a month (on something like DO). While you can indeed host a dev version for that, in reality, i'm spending over $500/month on database hosting costs alone. (That's to have a replicated database (in different datacenters), streaming and nightly backups. Even a few minutes of dataloss would be completely unacceptable, you really can't tell people "sorry we lost all your bets since the last nightly snapshot!". Add in all the other hosting costs (bitcoind, webserver, cf, depositor) and it's starting to not look pretty.

Another good example is DustDice.com that's something that I personally thought would be an instant-hit, but to date it's only clicked with a very select few (ironically, one of which was a whale who raped the site) and it's not financially even come close to paying off its development costs. Fortunately the bankroll is used for multiple sites, otherwise it'd be a total disaster tying up 500+ btc just so a whale could play, who rarely plays.  To add the extra features that might making it more appealing (streaming all-bets), it basically needs a total rewrite at this point as well. While I still like the idea, at this point it's a bit of a write-off.

And I also think the market is a lot smaller than people realize. I believe BaB is the 2nd most popular bitcoin casino/game and I'm pretty sure I make less than I would working at a big tech company with significantly less stress and guilt.

[RHavar]

Slightly relevant, a couple weeks ago this guy approaches me to build him a casino. I told him I'm not really in the business of building casinos for other people, but he insisted that he needed someone he could trust to build it and he'd make it worth my while. So I decided to hear him out, and he explained his idea, and showed me his mockups. It seemed all pretty reasonable, and quite simple. Something that could probably be done in a month. So after a long speech, he finally started talking about consideration, and said that he'd be willing to pay 20, 10 before and 10 after it was done.

So I'm thinking I don't really have the energy to spend a month on someone else's project for 20 btc, but 20k USD on the other hand is something I'd have trouble turning down. So I asked him to clarify. No, $20. As in $20.00. Apparently he already has the idea and the mockup, so i just need to make it work. At that point I politely ended the conversation, and wished him luck finding someone else. (Which seems to be a good negotiating tactic, he later emailed me a 50% increase in the offer)



(Anyway, I don't mean to make fun of him. Many people are unaware of much energy, time, skill and care needs to go into coding. I get the impression that some people believe you just load up a form, tick a few boxes upload a config file and you're done)

[Harpua]

Slightly relevant, a couple weeks ago this guy approaches me to build him a casino. I told him I'm not really in the business of building casinos for other people, but he insisted that he needed someone he could trust to build it and he'd make it worth my while. So I decided to hear him out, and he explained his idea, and showed me his mockups. It seemed all pretty reasonable, and quite simple. Something that could probably be done in a month. So after a long speech, he finally started talking about consideration, and said that he'd be willing to pay 20, 10 before and 10 after it was done.

So I'm thinking I don't really have the energy to spend a month on someone else's project for 20 btc, but 20k USD on the other hand is something I'd have trouble turning down. So I asked him to clarify. No, $20. As in $20.00. Apparently he already has the idea and the mockup, so i just need to make it work. At that point I politely ended the conversation, and wished him luck finding someone else. (Which seems to be a good negotiating tactic, he later emailed me a 50% increase in the offer)



(Anyway, I don't mean to make fun of him. Many people are unaware of much energy, time, skill and care needs to go into coding. I get the impression that some people believe you just load up a form, tick a few boxes upload a config file and you're done)

Hmm.. So basically if I wanted to try and let someone here me out, and only had around, say, 1.5 btc to start out with.. I'd be wasting my time, right?

[BetterBets.io]

Pretty much all estimates in this topic are a joke :X

- $200 - $400 to develop a gambling site? "the coding can be done by anybody and it is easy"? Lmao. If you want to be hacked or scammed, that sounds right. But if you want a trusted and good developer, you can add some zeros to that amount and be surprised how difficult getting such developer is.

- $6 a month for a VPS? Can be... (my site easily runs on such VPS) but you can't expect to process millions of bets a day on that The bigger sites generally do pay hundreds of dollars a month for proper servers.

- PD earns 100 bitcoins a day? It's actually easy to have a theoretical estimation of profits. Just look at my site. HE *  wagered, easy. Variance can be more sick than you think though.

In addition people generally overestimate their genius ideas, no offense. Perhaps it doesn't exist yet because people don't care for it. And altho unique ideas can be awesome (like bustabit), sometimes people are hesitant to try something new.

Actually there are some unique games that I like, for example 64blocks.com - and it's even properly developed / good UI / etc. Still almost no traffic/players. Good unique idea, properly developed, trusted owner (Dabs), .... still no players. Just put in some "marketing" and "SEO" is also a lot harder than you think



Overall: people highly overestimate how easy it is to get a gambling site running with a decent amount of players.

I can state also from personal experience this is 100% correct. I have over 11 years in marketing and sales, closed deals for companies with several millions of Euro on the line. This by far is one of the hardest businesses to market and develop properly. Right now our casino is doing decent by this industry standards however, just to give you an idea from February to the current date; I alone (not including developer hours) have put in roughly 5200 hours this year in work. I spend quite a bit of time in conversation with casino owners in the fiat gambling industry as well and they too have similar time. Total cost to start BetterBets.io with developer hours was around 33k Euro and that's because my main dev is also one of my best friends and business partner.

The biggest misconception is that this is some simple way to get rich on Bitcoin when in fact it could not be further from the truth. You will have to work harder than your day job and spend countless hours trying to develop a long term strategy to keep players happy.

Edit: This business is a labor of love for those who not only care about their casino but the promotion and services that back Bitcoin itself.

[Inkvor]

Hmm.. So basically if I wanted to try and let someone here me out, and only had around, say, 1.5 btc to start out with.. I'd be wasting my time, right?

NO, you are wasting other people time too ..lol
if you can code all on yourself and  do all other things with much less cost..still you need bankroll unless you act as a broker.

[cazkooo]

Hmm.. So basically if I wanted to try and let someone here me out, and only had around, say, 1.5 btc to start out with.. I'd be wasting my time, right?

It means if you want to start a gambling site then you will need huge budget to make it work or you will be wasting your time. Everyone think making gambling site means to get rich instantly but it is not because you need to spend budget and also your time , without that your gambling site will not work

[XERES]

if you have a decent idea and the funds people will definitely throw some money at you, I always wondered why no one ever made a 0.1% house edge

[gampher]

I always wondered why no one ever made a 0.1% house edge

here you go .....https://bitcointalk.org/index.php?topic=1120115.0 
official thread - https://bitcointalk.org/index.php?topic=1169279.0
now you can stop wondering about it

[FrueGreads]

Really 300+ BTC as a minimum for opening a casino? I see so many popping up (at least dice), do they all have that much?

Of course not. Some are built as Moneypot apps and the owners don't need any bankroll for the site to work. Some are built as a standalone site but is only accepting small bets, while some take bankroll investment and thus the owners only need to contribute a relatively small amount themselves.

Now that makes more sense, because I see so many gambling sites, and it would be almost impossible that all of them had that much BTC I think.

[ashour]

It is really tough to make a new profitable gambling game nowadays. If you start a normal bitcoin casino app then you will need to have a huge marketing budget in order to grab some market share and to make profits.

[edmundduke]

It is really tough to make a new profitable gambling game nowadays. If you start a normal bitcoin casino app then you will need to have a huge marketing budget in order to grab some market share and to make profits.

Indeed. Making profits seems extremely difficult right now for several reasons. The main issue is that the userbase is extremely limited and small. Most of the players are the same, no matter what site you look at. And 95% of the players bring very little to the "house" so in order to profit house needs to "get lucky" with the 5%. But this means you first need to make sure those 5% make their way to your site

[darkangel11]

you don't need to know anything about coding. you just need to have a "good" "new" "idea" then you can hire somebody who does the coding for you.

the hard part is the idea, the coding can be done by anybody and it is easy and also not that expensive.

You'll still need money to start it and even more if you need to hire people to built the site for you. This is a serious investment.

I don't think you need money or you need to hire people as such .You need initial investment which is TIME !To start a gambling site you need a creative idea ,not saturated stuff.people will come to your site if they see fair games and profit .Start off with some free website building tools and they are totally free! Once done you could learn basic coding to design flash based games.So many freelancers do it for very cheap prices and I wont count that as  a big installment .

Oh yea, because time is all you need... The site hosting with broadband is free, anti ddos is free. All of us can make a good website, it just takes the time and you just need basic coding to make an outstanding site that integrates provably fair option and automatic deposits/withdrawals of funds. You don't need it to be safe or anything, right? Citing a popular actor: "just do it!"

[Supercrypt]

It is really tough to make a new profitable gambling game nowadays. If you start a normal bitcoin casino app then you will need to have a huge marketing budget in order to grab some market share and to make profits.

Yes a normal gambling site may not attract many users as there are lot of already available gambling opportunities. I myself really looking for a decent innovative and highly new looking sites for my gambling interests. So, a new innovative site will get a huge success.

[BitMaxz]

Making a website is to long to make then also css design database and scripts...... I think you need a capital around 4000$ .

maybe it is a good estimation for making a website  but i doubt we are here to build one ? there is a big difference between just a website and a gambling casino...its a business ,investment ...etc..not just simple website.

Yeah then you need also a hacking shield like anti trojan injector or any script that can protect your gambling site... If you make a simple gambling website without this your site will be hack easily.. Im always reading in hacker forum that some hackers planning to hack a bitcoin casino sites.. I saw that theres many hacking tool like monitoring cache monitoring cookies or any hacking tool... so good luck to make your own gambling site.....

[leex1528]

IMHO websites are probably not worth it.  Too many sites are out, you need  unique idea.  Then you need to build up rep and trust that you are going to pay out, probably with promotions and proof of bank funds.  Then you are going to have to advertise the heck out of it.  Then finally you are going to need great security as well, do all those things you probably will be down quite a bit of cash at first.

[ikydesu]

The important thing for make a service (gambling or anything) success is promote and how looks your service unique, and have good features on the market. Gambling industry have an own market, although there are some gambling site which more popular, but if you make an unique features on your site, it will be success and will attract more people to join. Also don't forget to make fantastic giveaway and promotion. Good luck.

[Kevin77]

The important thing for make a service (gambling or anything) success is promote and how looks your service unique, and have good features on the market. Gambling industry have an own market, although there are some gambling site which more popular, but if you make an unique features on your site, it will be success and will attract more people to join. Also don't forget to make fantastic giveaway and promotion. Good luck.

Yes, even a normal looking sites also get more success just because of intense advertising. Give free credits and bonus are the other type of promotions to make any gambling site into more successful. But to sustain with continuous success, we must need new creative games.

[ikydesu]

The important thing for make a service (gambling or anything) success is promote and how looks your service unique, and have good features on the market. Gambling industry have an own market, although there are some gambling site which more popular, but if you make an unique features on your site, it will be success and will attract more people to join. Also don't forget to make fantastic giveaway and promotion. Good luck.

Yes, even a normal looking sites also get more success just because of intense advertising. Give free credits and bonus are the other type of promotions to make any gambling site into more successful. But to sustain with continuous success, we must need new creative games.

That's what I said about unique feature, that's right, new games, new features is the one of important thing which can sustain continues success.

[cazkooo]

new features is the one of important thing which can sustain continues success.

Even with new feature you will not get any new player because many people dont care about that. All people care is they win, if they win they come back and if they lose they said the site cheating them. You can add ten new feature but I dont think it will attract new player, it will only bring players in because they are curious but soon they will leave again

[leex1528]

new features is the one of important thing which can sustain continues success.

Even with new feature you will not get any new player because many people dont care about that. All people care is they win, if they win they come back and if they lose they said the site cheating them. You can add ten new feature but I dont think it will attract new player, it will only bring players in because they are curious but soon they will leave again

This just isn't true.  People who lose and blame the site are usually idiots.  People who lose at many sites come back with more money and try to earn there losses back.  Usually that ends up bad for them as well.

Community and trust brings in new users to casinos.  That is it.

[Oscilson]

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?

With Bitcoin I think it's the most profitable business there is but you have to think different and don't follow the crowd and have some features different on your website to attract players and it's still a great market to do that. I actually have an idea but I know if I tell anyone, they're gonna cut me off and make one for their own. There is no copyright with ideas.

Gambling is the most profitable legal business using bitcoin since Silkroad was burst by FBI. Hoever, you have to get some innovative ideas to separate your site from others.

[WhatTheGox]

Hmm.. So basically if I wanted to try and let someone here me out, and only had around, say, 1.5 btc to start out with.. I'd be wasting my time, right?

It means if you want to start a gambling site then you will need huge budget to make it work or you will be wasting your time. Everyone think making gambling site means to get rich instantly but it is not because you need to spend budget and also your time , without that your gambling site will not work

You probably need to offer more than just money and time.  You also likely need to either be very interested in gambling sector or have great experience to gain the needed edge.  Money and time sets the foundations for sure.

[adaseb]

Hmm.. So basically if I wanted to try and let someone here me out, and only had around, say, 1.5 btc to start out with.. I'd be wasting my time, right?

It means if you want to start a gambling site then you will need huge budget to make it work or you will be wasting your time. Everyone think making gambling site means to get rich instantly but it is not because you need to spend budget and also your time , without that your gambling site will not work

You probably need to offer more than just money and time.  You also likely need to either be very interested in gambling sector or have great experience to gain the needed edge.  Money and time sets the foundations for sure.

Yes exactly because if you open a website and there are technical issues. People will just withdraw or call your site a scam and you will have a hard time going from there.

[Inkvor]

But to sustain with continuous success, we must need new creative games.

new features is the one of important thing which can sustain continues success.

what new features are added to Primedice or Just-dice ? none.
the most important thing is assurance and secondly quality service, Proof of real funds.
Gamblers should have a guarantee that they are going to get paid if they win.

[enhu]

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

[leex1528]

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it.  You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll.  You need something, a reason for people to come there instead of the tons of other sites.

[enhu]

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it.  You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll.  You need something, a reason for people to come there instead of the tons of other sites.

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what  i don't have. How much exactly do we need to start with just a simple poker site?

[leex1528]

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it.  You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll.  You need something, a reason for people to come there instead of the tons of other sites.

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what  i don't have. How much exactly do we need to start with just a simple poker site?

To be 100% honest I don't know the perfect number of what the actual bankroll should be.  I am guessing to be 100% safe just starting a poker site you would want around 100BTC.  Use roughly 10BTC to have promotions,giveaways etc.  90BTC just in case.  With poker you don't need as much as a dice site because you aren't paying out with your money, you are mostly making a profit with people playing there and taking a small % of tournament fees or table games.

[enhu]

There are still dice and poker sites that spurt out every now and then and I guess its still profitable. I even consider creating my own if I just have the money to start with. What I'd like my poker site to have is the tracking and analysis software and HUD for the players so that they are equipped while they play.

Tons of sites are starting up but I don't think they are making it.  You need a lot of rep + you need a lot of promotions which means you need to have a larger bankroll.  You need something, a reason for people to come there instead of the tons of other sites.

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what  i don't have. How much exactly do we need to start with just a simple poker site?

To be 100% honest I don't know the perfect number of what the actual bankroll should be.  I am guessing to be 100% safe just starting a poker site you would want around 100BTC.  Use roughly 10BTC to have promotions,giveaways etc.  90BTC just in case.  With poker you don't need as much as a dice site because you aren't paying out with your money, you are mostly making a profit with people playing there and taking a small % of tournament fees or table games.

Nay I don't have that amount and I don't consider joint venture if it involves that much of investment. 
Making people to play on the site actually is harder than I thought especially if the site don't have much fancy features compare to the established ones. how much % does the admin for tournament and game fees?

[Small]

Gambling site is hard to manage, you need a offshore server or risk getting your bitcoin confiscated for owning an unlicensed gambling site. I  personally would not trust anyone to code the website for me so you would need some coding skills and need to manage the support. I would prefer investing in an existing one.

[nickenburg]

I want to start a gambling site I think it is a unique idea and no other website is using this concept on bitcoins.
But I know they use it for something else and it is really succesfull.
And I already have those website files, so I will only have to change it so that it accepts bitcoins and maybe some other altcoins.

Is there someone with enough coding knowledge to help me with that?
And what would I need to do for it to succeed?

[jackg]

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?

Use traditional ideas and original ideas. Offer competition different to the big gambling companies. This powt may nt be helping my payment campaign for my signature.
Offer people a reason to switch to you

New Ideas
Othe Currencies accepted, not just bitcoin or USD/GBP. Allow DOGE, LTC etc...

[jackg]

I want to start a gambling site I think it is a unique idea and no other website is using this concept on bitcoins.
But I know they use it for something else and it is really succesfull.
And I already have those website files, so I will only have to change it so that it accepts bitcoins and maybe some other altcoins.

Is there someone with enough coding knowledge to help me with that?
And what would I need to do for it to succeed?

I may be able to help! I have a vast knowledge of python and so could possibly extract data blocks from there with analysis saved to textfiles. I have knowledge of html, javascript and some slight java too. I an not too confident in these languages and so would take a less cut. PM me if acceptable!
I can read/write/append to files in python and so thismay b euseful forrunning in the background of a webserver to send the variables to a spreadsheet(csv) files that can then be read by the webstie.

[Oscilson]

Gambling site is hard to manage, you need a offshore server or risk getting your bitcoin confiscated for owning an unlicensed gambling site. I  personally would not trust anyone to code the website for me so you would need some coding skills and need to manage the support. I would prefer investing in an existing one.

Then you have to trust the operators of the existing casino. You have to know the casino from inside out. That is still a big task.

[Light]

Marketing the site can be done by a newbie like me on social media, here in bitcointalk via signature campaign and a bit of content and video marketing an time. Larger bankroll is what  i don't have. How much exactly do we need to start with just a simple poker site?

For a poker site, server costs might be $50-100 a month (as you'd want something in an offshore location and with a decent reputation - not the shady one man operations), running a signature campaign could go anywhere from 1-5 BTC per month (depending on how stingy and how big a campaign you'd want). Coding costs would be a one off so I wouldn't include it. If we go with the cheapest options, you'd probably spend in the vicinity of $250-300 a month, which you might not make with a poker site (poker isn't that big to be honest). Might be better off without a sig campaign and run poker/sports betting if you have no capital. IMO dice is still a good option if you have the capital to support whales and you know how to secure your coins.

[mindrust]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

[ingiltere]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

Not if nobody knows you are the owner. That's why we have anonymous casino sites, anonymity is both needed for customers and owners.

[Small]

Gambling site is hard to manage, you need a offshore server or risk getting your bitcoin confiscated for owning an unlicensed gambling site. I  personally would not trust anyone to code the website for me so you would need some coding skills and need to manage the support. I would prefer investing in an existing one.

Then you have to trust the operators of the existing casino. You have to know the casino from inside out. That is still a big task.

True, reputation does take time to build. Always invest in casinos with trusted owners (e.g. just-dice) and have a public cold storage address for transparency. It is much better than losing your/investor's money to hackers or vulnerabilities.

[eyeknock]

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?

ofc that this is still profitable, you just need to make an attractive one and you will see how people soon or later will join, you know bad habits...

i dont know whats the most profitable site for gambling, but for example, for me, i like so much the poker sites, and/or sports betting sites.

[StevenLiang]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

I think the risk is not from competitor. Own the online casino means you need to pay your users wins. And that's mean a high risk for you too.
And when your identity goes to public, some lost user will try to revenge.. nah, bad business.

It's better to give provably fair dice, blackjack and another card game like Crypto-Games.net

[Supercrypt]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

Not if nobody knows you are the owner. That's why we have anonymous casino sites, anonymity is both needed for customers and owners.

Yes anonymity is an essential thing now everybody prefers to. This is because of security and to avoid any kind of situations. Now a days we can get everything without revealing our identity information. So starting a gambling site anonymously will give you extra protection as well.

[leex1528]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

Not if nobody knows you are the owner. That's why we have anonymous casino sites, anonymity is both needed for customers and owners.

Yes anonymity is an essential thing now everybody prefers to. This is because of security and to avoid any kind of situations. Now a days we can get everything without revealing our identity information. So starting a gambling site anonymously will give you extra protection as well.

Even with security it is still possible to find out who is at the end of the computer.  I personally wouldn't start a casino for fear of that, plus it makes you a target for your coins.  You need to hire a lot of smart people in order to have that happen, and they have to be trustworthy.

[Oscilson]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

Not if nobody knows you are the owner. That's why we have anonymous casino sites, anonymity is both needed for customers and owners.

Yes anonymity is an essential thing now everybody prefers to. This is because of security and to avoid any kind of situations. Now a days we can get everything without revealing our identity information. So starting a gambling site anonymously will give you extra protection as well.

On line casino is good as along as the operators do not reveal their information, otherwise, there is no difference between an online and off line one.

[Small]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

I think the risk is not from competitor. Own the online casino means you need to pay your users wins. And that's mean a high risk for you too.
And when your identity goes to public, some lost user will try to revenge.. nah, bad business.

It's better to give provably fair dice, blackjack and another card game like Crypto-Games.net

Yup you do have to bear the risk. The risk is relatively low in the long term due to the house edge, the house is much more likely to win compared to the gambler which means that in the long run, you would win. Even though, they may win in the short term, you would profit in the long term. You can choose to not reveal your identity. Gambling sites can cheat their investors too.

[Inkvor]

Forget anything that relates to gambling. Unless you know what you are doing its too risky to own a casino. You may even get shot.

Not if nobody knows you are the owner. That's why we have anonymous casino sites, anonymity is both needed for customers and owners.

Yes anonymity is an essential thing now everybody prefers to. This is because of security and to avoid any kind of situations. Now a days we can get everything without revealing our identity information. So starting a gambling site anonymously will give you extra protection as well.

On line casino is good as along as the operators do not reveal their information, otherwise, there is no difference between an online and off line one.

you cannot be anonymous from the government or other ruling bodies .
the of-line casino owners are tied up with the the govt.. nobody can do this kind of stuff unless you have those connections and money.
the reason these casinos are not being rated is because of their too small scale investment and the use of decentralized currency.

[cazkooo]

Even with security it is still possible to find out who is at the end of the computer.  I personally wouldn't start a casino for fear of that, plus it makes you a target for your coins.  You need to hire a lot of smart people in order to have that happen, and they have to be trustworthy.

If you hide behind anonymous vpn then you will be safe and thats all you need to operate it. Also you only need to use moneypot if you fear to be a target for your coins , some gambling site cost almost nothing to host their site and use moneypot api but they are not making good enough but still good for experience to handle gambling site

[Winalunt]

Even with security it is still possible to find out who is at the end of the computer.  I personally wouldn't start a casino for fear of that, plus it makes you a target for your coins.  You need to hire a lot of smart people in order to have that happen, and they have to be trustworthy.

If you hide behind anonymous vpn then you will be safe and thats all you need to operate it. Also you only need to use moneypot if you fear to be a target for your coins , some gambling site cost almost nothing to host their site and use moneypot api but they are not making good enough but still good for experience to handle gambling site

NO, you are not anonymous with just single software you install and start using in a couple of seconds.
every plugin u install can be traced back to ,every single transaction.....its just impossible to stay anonymous .
some countries just dont care about bitcoin and its casinos, what leex' says is most probably a fact.
its just not that easy.

[Oscilson]

On line casino is good as along as the operators do not reveal their information, otherwise, there is no difference between an online and off line one.

you cannot be anonymous from the government or other ruling bodies .
the of-line casino owners are tied up with the the govt.. nobody can do this kind of stuff unless you have those connections and money.
the reason these casinos are not being rated is because of their too small scale investment and the use of decentralized currency.

Decentralized currency such as bitcoin or anonymous coin such as Monero can help a lot. But you still have to rent a server, that might expose your identity.

[Xenoph0bia]

On line casino is good as along as the operators do not reveal their information, otherwise, there is no difference between an online and off line one.

you cannot be anonymous from the government or other ruling bodies .
the of-line casino owners are tied up with the the govt.. nobody can do this kind of stuff unless you have those connections and money.
the reason these casinos are not being rated is because of their too small scale investment and the use of decentralized currency.

Decentralized currency such as bitcoin or anonymous coin such as Monero can help a lot. But you still have to rent a server, that might expose your identity.

Agreed with you that no one can hide their identity while operating a casino whether its online or offline. You have to follow some procedure and has to show your identity in somewhere between this procedure. But I think online casinos will be very profitable as many people are preferring to use crypto currencies rather than traditional money for gambling purpose.

[yanka50]

On line casino is good as along as the operators do not reveal their information, otherwise, there is no difference between an online and off line one.

you cannot be anonymous from the government or other ruling bodies .
the of-line casino owners are tied up with the the govt.. nobody can do this kind of stuff unless you have those connections and money.
the reason these casinos are not being rated is because of their too small scale investment and the use of decentralized currency.

Decentralized currency such as bitcoin or anonymous coin such as Monero can help a lot. But you still have to rent a server, that might expose your identity.

Agreed with you that no one can hide their identity while operating a casino whether its online or offline. You have to follow some procedure and has to show your identity in somewhere between this procedure. But I think online casinos will be very profitable as many people are preferring to use crypto currencies rather than traditional money for gambling purpose.

Yeah, crypto currencies are awesome for gambling. Not to mention faster than most traditional payment method.

[enhu]

There are domain registrars and hosting that accepts bitcoin these days, can't they hide the identity of the gambling site owners?
I can see owners here are already into it, scammers had been hiding using those services. I assume michaelmorairty is doing it, users are already doxing him and seem to find nothing.

[Superhitech]

There are domain registrars and hosting that accepts bitcoin these days, can't they hide the identity of the gambling site owners?
I can see owners here are already into it, scammers had been hiding using those services. I assume michaelmorairty is doing it, users are already doxing him and seem to find nothing.

Yes, they can hide your identity when you buy a domain; you can protect your identity from WHOIS so the public can't see who bought the domain using WHOIS guard when you're buying a domain.

[shulio]

There are domain registrars and hosting that accepts bitcoin these days, can't they hide the identity of the gambling site owners?
I can see owners here are already into it, scammers had been hiding using those services. I assume michaelmorairty is doing it, users are already doxing him and seem to find nothing.

Yes, they can hide your identity when you buy a domain; you can protect your identity from WHOIS so the public can't see who bought the domain using WHOIS guard when you're buying a domain.

WHOIS guard is a good option for this. Also the police or CIA or anything will not be looking for you anyway unless if your site is already as popular as PD. There are many gambling site that is not touch by them

[Small]

Even with security it is still possible to find out who is at the end of the computer.  I personally wouldn't start a casino for fear of that, plus it makes you a target for your coins.  You need to hire a lot of smart people in order to have that happen, and they have to be trustworthy.

If you hide behind anonymous vpn then you will be safe and thats all you need to operate it. Also you only need to use moneypot if you fear to be a target for your coins , some gambling site cost almost nothing to host their site and use moneypot api but they are not making good enough but still good for experience to handle gambling site

It is hard to justify any VPN as being anonymous. There is no way to ensure that they do not keep any connection logs and any logs can be seen if the servers gets compromised, whether they delete it or not.

[Inkvor]

Even with security it is still possible to find out who is at the end of the computer.  I personally wouldn't start a casino for fear of that, plus it makes you a target for your coins.  You need to hire a lot of smart people in order to have that happen, and they have to be trustworthy.

If you hide behind anonymous vpn then you will be safe and thats all you need to operate it. Also you only need to use moneypot if you fear to be a target for your coins , some gambling site cost almost nothing to host their site and use moneypot api but they are not making good enough but still good for experience to handle gambling site

It is hard to justify any VPN as being anonymous. There is no way to ensure that they do not keep any connection logs and any logs can be seen if the servers gets compromised, whether they delete it or not.

assuming the software providers to be completely honest and loyal towards their customers/users but as soon as they get threaten to face jail or legal issues it wont be that long before your identity is revealed ,i am not including professional doxing here.
online casinos are not that easy.

[Oscilson]

It is hard to justify any VPN as being anonymous. There is no way to ensure that they do not keep any connection logs and any logs can be seen if the servers gets compromised, whether they delete it or not.

If the VPN provider keeps the user IP address, then the user is not safe. The user may have to use a public wifi to access, however, the user has to register to use the wifi by providing a phone number of receive activation code.

[adaseb]

There are domain registrars and hosting that accepts bitcoin these days, can't they hide the identity of the gambling site owners?
I can see owners here are already into it, scammers had been hiding using those services. I assume michaelmorairty is doing it, users are already doxing him and seem to find nothing.

Yes but it never is truly anonymous. You can't even get a anonymous VPN these days because many admins had too many issues with people performing illegal hacks with them.

[Small]

It is hard to justify any VPN as being anonymous. There is no way to ensure that they do not keep any connection logs and any logs can be seen if the servers gets compromised, whether they delete it or not.

If the VPN provider keeps the user IP address, then the user is not safe. The user may have to use a public wifi to access, however, the user has to register to use the wifi by providing a phone number of receive activation code.

Use your neighbour's wifi. You can also try to daisychain various VPN/Proxys/Tor nodes to ensure that it is hard to track the origin. The security would not be compromised whatsoever but it is not guaranteed to conceal your identity 100% too.

[Oscilson]

It is hard to justify any VPN as being anonymous. There is no way to ensure that they do not keep any connection logs and any logs can be seen if the servers gets compromised, whether they delete it or not.

If the VPN provider keeps the user IP address, then the user is not safe. The user may have to use a public wifi to access, however, the user has to register to use the wifi by providing a phone number of receive activation code.

Use your neighbour's wifi. You can also try to daisychain various VPN/Proxys/Tor nodes to ensure that it is hard to track the origin. The security would not be compromised whatsoever but it is not guaranteed to conceal your identity 100% too.

Using your neighbour's wifi is not a good idea. When the police trace it to the neighbour, then they will find you.

[Decoded]

If you have one or more of the following, you'll do well in the gambling business.

1) A great looking UI
2) A revolutionary new gambling game
3) A big budget for advertising, sig campaigns, etc
4) Exceptional advertising skills
5) Partners in a big gambling site

These are the main ones. But if you can persist and stay dedicated to your gambling site, you can make it work!

[panjul07]

If you have one or more of the following, you'll do well in the gambling business.

1) A great looking UI
2) A revolutionary new gambling game
3) A big budget for advertising, sig campaigns, etc
4) Exceptional advertising skills
5) Partners in a big gambling site

These are the main ones. But if you can persist and stay dedicated to your gambling site, you can make it work!

You missed the most important thing "provably fair mechanism" ). No one will play with their own money in a non provably fair site, perhaps people will only play when there is free money such as big faucet, no deposit bonus or other giveaways.

[FrueGreads]

If you have one or more of the following, you'll do well in the gambling business.

1) A great looking UI
2) A revolutionary new gambling game
3) A big budget for advertising, sig campaigns, etc
4) Exceptional advertising skills
5) Partners in a big gambling site

These are the main ones. But if you can persist and stay dedicated to your gambling site, you can make it work!

You missed the most important thing "provably fair mechanism" ). No one will play with their own money in a non provably fair site, perhaps people will only play when there is free money such as big faucet, no deposit bonus or other giveaways.

By the way is it very expensive to have the provably fair mechanism? Or anyone can have it?

[Eastwind]

If you have one or more of the following, you'll do well in the gambling business.

1) A great looking UI
2) A revolutionary new gambling game
3) A big budget for advertising, sig campaigns, etc
4) Exceptional advertising skills
5) Partners in a big gambling site

These are the main ones. But if you can persist and stay dedicated to your gambling site, you can make it work!

You missed the most important thing "provably fair mechanism" ). No one will play with their own money in a non provably fair site, perhaps people will only play when there is free money such as big faucet, no deposit bonus or other giveaways.

"provably fair mechanism" is a must in today's casinos. Many players want to find if they are betting in a fair casino. They do not want to be cheated.

[leex1528]

Even with security it is still possible to find out who is at the end of the computer.  I personally wouldn't start a casino for fear of that, plus it makes you a target for your coins.  You need to hire a lot of smart people in order to have that happen, and they have to be trustworthy.

If you hide behind anonymous vpn then you will be safe and thats all you need to operate it. Also you only need to use moneypot if you fear to be a target for your coins , some gambling site cost almost nothing to host their site and use moneypot api but they are not making good enough but still good for experience to handle gambling site

I agree that does give some security, what if moneypot gets hacked or goes under?  Then you are in the same boat.  I am not saying it is impossible to host something you just have to be careful when you are considering your options.

[enhu]

Even with security it is still possible to find out who is at the end of the computer.  I personally wouldn't start a casino for fear of that, plus it makes you a target for your coins.  You need to hire a lot of smart people in order to have that happen, and they have to be trustworthy.

If you hide behind anonymous vpn then you will be safe and thats all you need to operate it. Also you only need to use moneypot if you fear to be a target for your coins , some gambling site cost almost nothing to host their site and use moneypot api but they are not making good enough but still good for experience to handle gambling site

can you tell us which gambling sites that cost almost nothing?
Just wanted to check if maybe I can also create one. I wanted to experience handling such site. Its no a wonder why some aren't making enough but maybe I can just use some marketing skills for it.

[Winalunt]

Using your neighbour's wifi is not a good idea. When the police trace it to the neighbour, then they will find you.

it is probably the best idea in the market to make yourself anony.

By the way is it very expensive to have the provably fair mechanism? Or anyone can have it?

If you are not buying it from professional software developers, then it is cheap but a lot of hard work.

[Kevin77]

If you have one or more of the following, you'll do well in the gambling business.

1) A great looking UI
2) A revolutionary new gambling game
3) A big budget for advertising, sig campaigns, etc
4) Exceptional advertising skills
5) Partners in a big gambling site

These are the main ones. But if you can persist and stay dedicated to your gambling site, you can make it work!

You missed the most important thing "provably fair mechanism" ). No one will play with their own money in a non provably fair site, perhaps people will only play when there is free money such as big faucet, no deposit bonus or other giveaways.

"provably fair mechanism" is a must in today's casinos. Many players want to find if they are betting in a fair casino. They do not want to be cheated.

Yes. Provably fair seeds are essential now a days for any type of gambling sites. Even the hash seeds are biased people will look for the fair play always. This may be the extra protection one can enjoy from online gambling.

[Joel_Jantsen]

If you have one or more of the following, you'll do well in the gambling business.

1) A great looking UI
2) A revolutionary new gambling game
3) A big budget for advertising, sig campaigns, etc
4) Exceptional advertising skills
5) Partners in a big gambling site

These are the main ones. But if you can persist and stay dedicated to your gambling site, you can make it work!

That just hit the spot ! A great looking UI yes but I would like to add one more point to the list which is "Fair winning Chances ".Everyone deserves a fair win! Most of the modern day gambling websites don't really have that as as result of which most of users turn way .You can build a fair gameplay ,let the players win ,give them fair chances .

[BSM]

Take a look that a lot of known online casinos (satoshibet for example) made provably fair separately with their games. So inattentive players see on seeds, hashes but dont know how to calculate their result because their provably fair its fake. You cant see their probabilities because they are not posted on their site. And stupid people are playing and loosing...

[Bitcoininspace]

Take a look that a lot of known online casinos (satoshibet for example) made provably fair separately with their games. So inattentive players see on seeds, hashes but dont know how to calculate their result because their provably fair its fake. You cant see their probabilities because they are not posted on their site. And stupid people are playing and loosing...

I didn't think I'd see anyone call people stupid and misspell the word lose in the same sentence. Good job.

Reading through your history I wouldn't even spend 1 sec on your site let alone try it and deposit coins into it.

Now please get lost.

/ignored

[adaseb]

Using your neighbour's wifi is not a good idea. When the police trace it to the neighbour, then they will find you.

it is probably the best idea in the market to make yourself anony.

By the way is it very expensive to have the provably fair mechanism? Or anyone can have it?

If you are not buying it from professional software developers, then it is cheap but a lot of hard work.

You can't use your neighbours wifi anymore. Most routers these days have random passwords set and WPA enabled.

Also many people use their ISP built in wifi anyways and those never have a default password. The days of using someone's wifi are over.

[BSM]

Take a look that a lot of known online casinos (satoshibet for example) made provably fair separately with their games. So inattentive players see on seeds, hashes but dont know how to calculate their result because their provably fair its fake. You cant see their probabilities because they are not posted on their site. And stupid people are playing and loosing...

I didn't think I'd see anyone call people stupid and misspell the word lose in the same sentence. Good job.

Reading through your history I wouldn't even spend 1 sec on your site let alone try it and deposit coins into it.

Now please get lost.

/ignored

If u only after my post saw how they scammed you its your problem.

Please get lost.

/ignored

[Eastwind]

Yes. Provably fair seeds are essential now a days for any type of gambling sites. Even the hash seeds are biased people will look for the fair play always. This may be the extra protection one can enjoy from online gambling.

I shall play only on a casino with Provably Fair settings.

But how do I know it is actually fair? Is there a way for the operator to cheat?

[SwingFirst]

I'm thinking about starting a gambling site with a system that guarantees I can't lose much on it. Imagine peerbet, where the only house income is fees since it's PvP.

[panjul07]

I'm thinking about starting a gambling site with a system that guarantees I can't lose much on it. Imagine peerbet, where the only house income is fees since it's PvP.

Dont think that you wont lose much on having a pvp gambling site. You need to lose some btc on promotions, it is always hard to start a pvp gambling site like peerbet or poker game.
Most new gambling site will always lose at start for the promotions, then they will get some profit after several times (could be a month, 6 month, a year or even more)
At least you need to prepare much money for it till you have good traffic, then you'll enjoy your profit

[leex1528]

I'm thinking about starting a gambling site with a system that guarantees I can't lose much on it. Imagine peerbet, where the only house income is fees since it's PvP.

Dont think that you wont lose much on having a pvp gambling site. You need to lose some btc on promotions, it is always hard to start a pvp gambling site like peerbet or poker game.
Most new gambling site will always lose at start for the promotions, then they will get some profit after several times (could be a month, 6 month, a year or even more)
At least you need to prepare much money for it till you have good traffic, then you'll enjoy your profit

Pretty good advice.  If you are doing a PVP site you are going to HAVE to do promotions no questions about it.  People are not willing to try new sites without testing them for free and maybe earning a small amount of coin. 

[SwingFirst]

I'm thinking about starting a gambling site with a system that guarantees I can't lose much on it. Imagine peerbet, where the only house income is fees since it's PvP.

Dont think that you wont lose much on having a pvp gambling site. You need to lose some btc on promotions, it is always hard to start a pvp gambling site like peerbet or poker game.
Most new gambling site will always lose at start for the promotions, then they will get some profit after several times (could be a month, 6 month, a year or even more)
At least you need to prepare much money for it till you have good traffic, then you'll enjoy your profit

Of course I am going to need to pay for promotions etc, what I mean is that I won't create a simple dice site and have a whale empty my house bankroll on day 1 :p

[Superhitech]

I'm thinking about starting a gambling site with a system that guarantees I can't lose much on it. Imagine peerbet, where the only house income is fees since it's PvP.

Dont think that you wont lose much on having a pvp gambling site. You need to lose some btc on promotions, it is always hard to start a pvp gambling site like peerbet or poker game.
Most new gambling site will always lose at start for the promotions, then they will get some profit after several times (could be a month, 6 month, a year or even more)
At least you need to prepare much money for it till you have good traffic, then you'll enjoy your profit

Of course I am going to need to pay for promotions etc, what I mean is that I won't create a simple dice site and have a whale empty my house bankroll on day 1 :p

Try out the moneypot API, you'll have to split your profit with moneypot and their investors, but in exchange, they take care of your site's bankroll, so you won't have to fund a bankroll and worry about whales emptying your bankroll.

[WillTat4Bitcoin]

Very profitable.

I have an idea of a skill based game that doesn't exist in the bitcoin world yet. However, learning to code it, would probably never happen. Then even if i did get it coded, i could never afford to bankroll it. eh

[gampher]

The days of using someone's wifi are over.

For the noobs, i ain't going to link you but you can find hundreds of software's in fishy markets online to do that .
its just suspicious and not worthy.

[CasioK]

Very profitable.

I have an idea of a skill based game that doesn't exist in the bitcoin world yet. However, learning to code it, would probably never happen. Then even if i did get it coded, i could never afford to bankroll it. eh

There ia always a warm welcome to the new innovative things. Many of my friends who usualy spend more time and money on gaming sites, always get feel of boring out of same type of games. So, it would be a nice idea for creating new type of games for gambling that too based on skill set.

[coinplus]

Very profitable.

I have an idea of a skill based game that doesn't exist in the bitcoin world yet. However, learning to code it, would probably never happen. Then even if i did get it coded, i could never afford to bankroll it. eh

There ia always a warm welcome to the new innovative things. Many of my friends who usualy spend more time and money on gaming sites, always get feel of boring out of same type of games. So, it would be a nice idea for creating new type of games for gambling that too based on skill set.

Yes new ideas will get more success usually in all community. Especially with bitcoin community in gambling sectors we can expect a huge success for new innovative gambling with skill set applicable games. I'm now itself so eager to play those kind of games at least in trail mode.

[shulio]

Try out the moneypot API, you'll have to split your profit with moneypot and their investors, but in exchange, they take care of your site's bankroll, so you won't have to fund a bankroll and worry about whales emptying your bankroll.

There is no profit share in moneypot, You always get 50 % of the house edge no matter if the player win or lose depends on the max bet of the player. But you will need a very good site to win over player because betterbets is there

[~Bitcoin~]

Yes to run gambling site is always profitable if you can get huge number of gamblers. Talking about saturation there are not so many gambling sites out there to saturate the internet specially in bitcoin gambling field.

But the main thing is the games and way you plan to promote your site. Try to add unique and user friendly games with good referral commision program. Good Luck

[shulio]

Yes to run gambling site is always profitable if you can get huge number of gamblers. Talking about saturation there are not so many gambling sites out there to saturate the internet specially in bitcoin gambling field.

The number of bitcoin gambler is the problem. There is only a little bit of person that know bitcoin and from that person only some small number is a gambler so the main problem is the gambler

[Technologeek]

Coming up with a innovative game is the key to success.Better security,provably fair rolls,small house edges are extra which adds up to it.You could try totally different games like i have seen some on the forum.BigGog ,Bitcrash you know they are doing good even though the market is pretty saturated .

[shulio]

Coming up with a innovative game is the key to success.Better security,provably fair rolls,small house edges are extra which adds up to it.You could try totally different games like i have seen some on the forum.BigGog ,Bitcrash you know they are doing good even though the market is pretty saturated .

Even if you make very innovative game, still the market is very sature so it will be hard. How many people play that bitgog? only a little . Last two months there is tappabit, it is a good one but no one play as well

[Bitinity]

Coming up with a innovative game is the key to success.Better security,provably fair rolls,small house edges are extra which adds up to it.You could try totally different games like i have seen some on the forum.BigGog ,Bitcrash you know they are doing good even though the market is pretty saturated .

Even if you make very innovative game, still the market is very sature so it will be hard. How many people play that bitgog? only a little . Last two months there is tappabit, it is a good one but no one play as well

True, new and innovative game does not guarantee a succesfull project. In my opinion marketing is important to promote your innovative game. Without great marketing strategy, new site will not succeed.

[enhu]

Coming up with a innovative game is the key to success.Better security,provably fair rolls,small house edges are extra which adds up to it.You could try totally different games like i have seen some on the forum.BigGog ,Bitcrash you know they are doing good even though the market is pretty saturated .

Even if you make very innovative game, still the market is very sature so it will be hard. How many people play that bitgog? only a little . Last two months there is tappabit, it is a good one but no one play as well

True, new and innovative game does not guarantee a succesfull project. In my opinion marketing is important to promote your innovative game. Without great marketing strategy, new site will not succeed.

Both usually play big part of the success though. And I mean if you created a multiple player 3D poker site where maybe 4-6 bitcointalk users can play at the same time on one table and chat at the same time while waiting for a player to call or the make a bluff, then that's something entertaining than just playing 2D dice game.

[Oscilson]

Both usually play big part of the success though. And I mean if you created a multiple player 3D poker site where maybe 4-6 bitcointalk users can play at the same time on one table and chat at the same time while waiting for a player to call or the make a bluff, then that's something entertaining than just playing 2D dice game.

That is a very good idea. It likes face to face gambling. Not sure if other players want to be anonymous or not.

[cazkooo]

if you created a multiple player 3D poker site

Do you think someone that has ability to create things like this will create a poker gambling site? gambling is illegal in most part of the world so if a guy do this then you are wasting your talent for something that could put you up in a jail

[wearepoor]

I think the sport betting site will be more profitable as lot of people are thinking that they can predict the result of the game and there are less chances of loosing the money and maximum chances of making some profit, so more and more people are attracted towards sports betting so its better to start with sports betting site.

[Technologeek]

The market is quite saturated right now,its not the right time to start another gambling site .What you could do is wait for a few days ,let the price of bitcoin increase more.You can then check on the market again whether still the're more buyers or the price has dropped out.

[crairezx20]

I think the sport betting site will be more profitable as lot of people are thinking that they can predict the result of the game and there are less chances of loosing the money and maximum chances of making some profit, so more and more people are attracted towards sports betting so its better to start with sports betting site.

I agree with this that the most profitable is sports betting we all know that besides we all know the sports and we can predict or choose a good team to bet.I mean like in boxing barera vs pacman we know that pacman is a great boxer than barera so i will go bet to pacman and gain a profit...

[Inkvor]

Coming up with a innovative game is the key to success.Better security,provably fair rolls,small house edges are extra which adds up to it.You could try totally different games like i have seen some on the forum.BigGog ,Bitcrash you know they are doing good even though the market is pretty saturated .

Even if you make very innovative game, still the market is very sature so it will be hard. How many people play that bitgog? only a little . Last two months there is tappabit, it is a good one but no one play as well

True, new and innovative game does not guarantee a succesfull project. In my opinion marketing is important to promote your innovative game. Without great marketing strategy, new site will not succeed.

It takes time to get enough popularity and fame . The well setelled casino's you are seeing now are years older.Proper Marketing can make it a little sooner.

[enhu]

Coming up with a innovative game is the key to success.Better security,provably fair rolls,small house edges are extra which adds up to it.You could try totally different games like i have seen some on the forum.BigGog ,Bitcrash you know they are doing good even though the market is pretty saturated .

Even if you make very innovative game, still the market is very sature so it will be hard. How many people play that bitgog? only a little . Last two months there is tappabit, it is a good one but no one play as well

True, new and innovative game does not guarantee a succesfull project. In my opinion marketing is important to promote your innovative game. Without great marketing strategy, new site will not succeed.

It takes time to get enough popularity and fame . The well setelled casino's you are seeing now are years older.Proper Marketing can make it a little sooner.

Doing a month or maybe just two weeks of google adwords may just reach thousand of or targeted traffic as the ads will be prompted to the bitcoin users.
Social media can play a role as well, marketing these days is easy with the use of pay per click advertising.

[crairezx20]

Starting a gambling website to host gameplay is profitable and fun, but demanding. The site owner must not only understand how casinos work and how to play, but also understand international gambling and financial regulations.
You can read it more how to start gambling site...
http://www.ehow.com/how_5598005_start-gambling-website.html

[Oscilson]

Starting a gambling website to host gameplay is profitable and fun, but demanding. The site owner must not only understand how casinos work and how to play, but also understand international gambling and financial regulations.
You can read it more how to start gambling site...
http://www.ehow.com/how_5598005_start-gambling-website.html

Understand international gambling and financial regulations is very important. You do not want to violate the laws of the country you operate.