Start a Gambling Site

[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