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Author Topic: Do you think coming up with new gambling site is risky?  (Read 2615 times)
vendetahome
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December 18, 2015, 06:22:38 PM
 #41

it depends on how much you will invest into the gambling website if it will be unpopular among the other people you will surely loose money if you invest a lot the website has to be new and interesting
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December 18, 2015, 06:45:21 PM
 #42

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?
There's risk involved in every business! if you come up with something new and unique you might have a chance to stand and your promotions should be solid.  Wink
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December 18, 2015, 06:58:03 PM
 #43

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?
There's risk involved in every business! if you come up with something new and unique you might have a chance to stand and your promotions should be solid.  Wink

Every investition is risky, starting a new business is risky...so better believe in what u are doing, and give as much time, energy, money... u have and maybe u will succeed, maybe not. Point is that u will never know if u dont try. And dont listen people who tell u to not do it, too risky, too hard, too many casinos. Find your way and push it to the limits. Also u have topics here where u can read what people like, what people hate, in which things people enjoy.. read it and use it. Good luck in what ever u choose, and if u make that gambling site call me to try it.

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December 18, 2015, 08:34:56 PM
 #44

Today there are such a varioty of games and casinos to choose from, that i don't see how you would be able to pull off a profitable
business there. It would really have to be something new and interesting, otherwise you would just lose all the money you spent on trying it to work.
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December 18, 2015, 08:47:19 PM
 #45

life is a risk and you know gambling has a very big risk. if you really want to do so you must be prepared everything that will happen.

Yes, staring a gambling site must be riskier than gambling in my view. Before earning, you need to spend a lot for making your site more popular. You will need to have a niche game, but, it will be very hard to come up with a particular game that will draw the attention of people.
not really, although the gambling site market is sort of saturated now, and there arent that many new ideas that people are coming up with, people are still going over to play at new dice sites that pop up every now and then with good advertising to bring them exposure. i think dice is fairly safe to start, with all the martingale users bringing in a steady stream of profit.
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December 18, 2015, 08:49:32 PM
 #46

Coming with a new gambling site is a good thing, but you just need help from people.
If you think that you can do it why just not do it. When you are starting and earning money than I think it will be worth it.
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December 18, 2015, 09:00:52 PM
 #47

you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion
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December 18, 2015, 09:22:05 PM
 #48

you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion
new and different doesnt always work, if no one has done it yet, it means one of two things, either no one has though up of it, which is unlikely with the number of people that may be thinking about these sorts of things, or there isnt a market for it, and would be a waste of time even if it was made.
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December 18, 2015, 09:26:51 PM
 #49

I would imagine that there will need to be a lot of planning involved, securing of some cold bitcoin and making sure you have the correct licenses in place.  To be honest you would be better off investing your money as there are far too many sites.
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December 18, 2015, 11:21:40 PM
 #50

Today there are such a varioty of games and casinos to choose from, that i don't see how you would be able to pull off a profitable
business there. It would really have to be something new and interesting, otherwise you would just lose all the money you spent on trying it to work.

Maybe not. I know plenty of people who take turns betting on different websites - it doesn't make too much sense, but whatever floats their boats. Overall, as long as you promote it well (via BitcoinTalk ads, signature campaigns, and other ads that target bitcoin users), it should start becoming large.

As an answer to the question, it's definitely risky. It's as much of a gamble to you as to your users. Some days you'll lose 10+ bitcoin, others you'll win 20+ bitcoins. It all bases on luck, but as long as you have a decent house edge, you'll end up with profit in the long run.*

*But only if you have at least 100+ bitcoins for the original bankroll.
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December 18, 2015, 11:56:50 PM
 #51

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?

Well as for any other business, having money is not enough. You need to consider what type of offer you have, and is it goes to what the market need.
Is there any type of gambling that is not being explored yet?
If you are going to invest on the same offers that are already present, can you do a good job in marketing to be able to create a good player base?

I think creating a gambling site is very risky, but if you do it well it's worth the shot, because it will be profitable, since gambling will never end.

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December 19, 2015, 06:10:54 AM
 #52

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?

Well as for any other business, having money is not enough. You need to consider what type of offer you have, and is it goes to what the market need.
Is there any type of gambling that is not being explored yet?
If you are going to invest on the same offers that are already present, can you do a good job in marketing to be able to create a good player base?

I think creating a gambling site is very risky, but if you do it well it's worth the shot, because it will be profitable, since gambling will never end.

Exactly! Newer gambling site might have to massively advertise the site to attract not just attention but loyal players. Bringing players to your house is very challenging. One that I could suggest that would work is simply supporting a altcoin to where you can give the coin away for your gambling site, this way you could have players mining this particular coins.

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December 25, 2015, 03:19:52 AM
 #53

you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion

Yes, if any one planing for new gambling site than think of some thing new which can attract the crowd instead just coming up with same old dice site again. If you follow all the guidelines to register your new gambling site than there shouldn't be any risky and also you need to have quite a lot of funds to support you're new site.
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December 26, 2015, 01:09:59 AM
 #54

you will definitely have to find out how to make a new and different website in order to attract a lot of people to it and make money from people who would play it thats one of the hardest thing to do when you start a new gambling website in my opinion

Yes, if any one planing for new gambling site than think of some thing new which can attract the crowd instead just coming up with same old dice site again. If you follow all the guidelines to register your new gambling site than there shouldn't be any risky and also you need to have quite a lot of funds to support you're new site.

I think not just only new games but those games should attract gamblers attention. Just see every one knows dice we can't make money but many people still play dice games like that new game also should attract people than it will be very good opportunity to make lot of money from the new site.
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December 26, 2015, 04:54:02 PM
 #55

taking into account and analyze the situation, of course, although, under certain investments and for initial bonuses and promotion , but of course the success of the sponsorship and the percentage of return, although beautiful sheath will not prevent
professional approach, although with luck no cost and ease of maneuver and the reasons not , not an obsession, but not dirty hands
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December 26, 2015, 05:18:11 PM
 #56

in my opinion it is very risky to be honest, if you really want to do this you have to somehow be sure that you will manage to attract a lot of players to your website who would loose their bitcoins to your casino, if you will not do it you will most probably make no profits

 
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December 26, 2015, 05:21:42 PM
 #57

Do you think coming up with new gambling site is risky?

If one have funds is it enough or any other things need to consider before starting new gambling site?

Man, listen to me. It is very important to have a very large bankroll in case of many winnings from the user, but at the same time you have to increase so much security on your website. Every user have to deposit its bitcoin and withdraw it without any problem ! In this way, you'll be considered trusted, in other way maybe you'll have some problem.

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December 26, 2015, 05:27:21 PM
 #58

i guess it depends on how much money are you willing to invest into the website and how successful you will be with the casino, because of that i believe that its always very risky if you put in a lot of money because you might end up with 0 if no one plays

 
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December 26, 2015, 08:53:17 PM
 #59

You could try and use the moneypot.com API so you won't have to invest in a bankroll and security will be taken care of, so you won't need to invest an enormous amount of bitcoin to start your gambling site.

However, if you want to start a gambling site, you'll have to think of a unique idea, not just dice, as there are plenty of dice sites around and making a dice site probably won't attract many users, as why should they use your site if there's so many other dice sites around?

If you can get a solid user base, you'll make money for sure. However, in order to obtain a lot of users, you'll have to buy advertising and hold giveaways.

Good luck!
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December 26, 2015, 09:31:05 PM
 #60

i would rather stick to the old one unless they can really prove powerful trust .
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