Start a Gambling Site

[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

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[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?