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Author Topic: Is it profitable to run a dice gambling site?  (Read 5407 times)
poplolnman
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April 27, 2016, 03:30:57 PM
 #181

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

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April 27, 2016, 03:51:52 PM
 #182

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

Well, it is up to every individual what business they want to invest their resources into. A fancy restuarant or a casino can be both profitable. However, if we were to talk about setting up as an online business, casino seems to be a better easier and popular choice.


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newcoins1978
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April 27, 2016, 04:58:41 PM
 #183

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

Well, it is up to every individual what business they want to invest their resources into. A fancy restuarant or a casino can be both profitable. However, if we were to talk about setting up as an online business, casino seems to be a better easier and popular choice.

Correct, and although i am a web person i would rather open a blog then a dice site. I seems to involved too much money which can be stolen too easily if you are not on the alert 24/7
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April 27, 2016, 05:01:44 PM
 #184

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

Well, it is up to every individual what business they want to invest their resources into. A fancy restuarant or a casino can be both profitable. However, if we were to talk about setting up as an online business, casino seems to be a better easier and popular choice.

nah, there is no difference between investment even a restaurant can become a disaster if you don't know how to make it profitable. for example if you open up a restaurant on a street that already has a popular and good restaurant then you can not have any customer.

and it is the same with dice gangling sites, since there are many good and popular gambling sites already working the new site will have a hard time making a living.

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April 27, 2016, 11:08:10 PM
 #185

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

yeah that is a nice idea, I will also like to start an academy for teaching about computer , that will have a good effect on the life of our youngsters and they will be able to do something beneficial for their country and nation in the coming future.
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April 27, 2016, 11:39:54 PM
 #186

There's a ton more that goes into it than most would like to think, but us of course they're profitable! They wouldn't stay in operation if they were losing money lol. Gambling is a great way to go. People always like 'quick easy money'
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April 28, 2016, 01:19:51 AM
 #187

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

yeah that is a nice idea, I will also like to start an academy for teaching about computer , that will have a good effect on the life of our youngsters and they will be able to do something beneficial for their country and nation in the coming future.
Some people has a good specialty in a business they want to venture. If someone is good in gambling or may I say if gambling is his passion you cannot force him to invest in a different industry otherwise he will not productive and besides in the gambling world there is a big potential for profit.
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April 28, 2016, 01:20:44 AM
 #188

i think only if u got an high traffic on it and for this you may also ened a good promo to get itn going.
maybe it would be easier to buy an also runing gamlbing site..

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poplolnman
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April 28, 2016, 01:26:35 AM
 #189

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

yeah that is a nice idea, I will also like to start an academy for teaching about computer , that will have a good effect on the life of our youngsters and they will be able to do something beneficial for their country and nation in the coming future.
Some people has a good specialty in a business they want to venture. If someone is good in gambling or may I say if gambling is his passion you cannot force him to invest in a different industry otherwise he will not productive and besides in the gambling world there is a big potential for profit.
yeah well , due the fact we are talking about gambling site like dice , i would say just do it .
it's promising bitcoin online business too , we all know casino built to make money so the chance to get profit are higher than to lost money right?

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April 28, 2016, 02:03:02 AM
 #190

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

yeah that is a nice idea, I will also like to start an academy for teaching about computer , that will have a good effect on the life of our youngsters and they will be able to do something beneficial for their country and nation in the coming future.
Some people has a good specialty in a business they want to venture. If someone is good in gambling or may I say if gambling is his passion you cannot force him to invest in a different industry otherwise he will not productive and besides in the gambling world there is a big potential for profit.
yeah well , due the fact we are talking about gambling site like dice , i would say just do it .
it's promising bitcoin online business too , we all know casino built to make money so the chance to get profit are higher than to lost money right?
Of course, if I have an extra money, I would rather invest it in a casino that use it in betting. Just consider that the house always win and with a considerable amount of investment you will have a good share of profit a casino will earn from their operation.
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April 28, 2016, 02:08:11 AM
 #191

No  Grin  Cheesy I think then its more profitable to gamlbe with gold or silver Cheesy

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April 28, 2016, 07:05:47 AM
 #192

I wonder if it's profitable to run a dice gambling site (like dicecoin.io) ? I'm seeing that site has 30,000 BTC wagered in 2 years.. Huge amount.

Certainly it's not easy to operate, promote and maintain by one person but I can absolutely code a site. Is it worth to start?

Have a good night Smiley
Of course its profitable,chance of loss and win in dice are very simple and close,its why i'm playing in a second,and loss many bitcoins,its profit for dice site,and they also get from investor,i'm sure dice site have good and static investor.
Yes, I also have observed that the investors for dice sites are more active, so sites for dice will be more profitable for you if you create one for you, and also do not for get to start a signature campaign at here, with that you definitely will get a huge crowd.

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ranlo
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April 28, 2016, 07:11:32 AM
 #193

There's a ton more that goes into it than most would like to think, but us of course they're profitable! They wouldn't stay in operation if they were losing money lol. Gambling is a great way to go. People always like 'quick easy money'

Quite a few sites pop up that end up dying due to not going anywhere. Some run for a long time before this happens.

MoneyPot helps reduce the risk to site owners and help boost them up (bankroll is currently almost 500 BTC and all apps have access to that pool right from the get-go for bets). Along with that, app owners get guaranteed income based on each bet, so their only cost is whatever their own hosting is -- no risking money in a bankroll or anything.
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April 28, 2016, 07:22:58 AM
 #194

There's a ton more that goes into it than most would like to think, but us of course they're profitable! They wouldn't stay in operation if they were losing money lol. Gambling is a great way to go. People always like 'quick easy money'

Quite a few sites pop up that end up dying due to not going anywhere. Some run for a long time before this happens.

MoneyPot helps reduce the risk to site owners and help boost them up (bankroll is currently almost 500 BTC and all apps have access to that pool right from the get-go for bets). Along with that, app owners get guaranteed income based on each bet, so their only cost is whatever their own hosting is -- no risking money in a bankroll or anything.

Yeah but you also have to remember if money pot go's down your not earning anything.
Also if money pot gets rob you have no control an bye bye casino.
I'm not saying its a bad site i like the idea but it does have its negatives.

Such as downtime
Funds that you don't control.
If something go's wrong an they are down for a few hours to days what do you do then?
Cant make profit if users can't play.
If money pot shuts down so does your site.

I'm a fan of hot wallet cold wallet systems for the site an a proof of liabilities.
If you run a secure trustworthy site with investment capabilities they will come.



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Rainbot
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April 28, 2016, 07:44:10 AM
 #195

There's a ton more that goes into it than most would like to think, but us of course they're profitable! They wouldn't stay in operation if they were losing money lol. Gambling is a great way to go. People always like 'quick easy money'

Quite a few sites pop up that end up dying due to not going anywhere. Some run for a long time before this happens.

MoneyPot helps reduce the risk to site owners and help boost them up (bankroll is currently almost 500 BTC and all apps have access to that pool right from the get-go for bets). Along with that, app owners get guaranteed income based on each bet, so their only cost is whatever their own hosting is -- no risking money in a bankroll or anything.

Yeah but you also have to remember if money pot go's down your not earning anything.
Also if money pot gets rob you have no control an bye bye casino.
I'm not saying its a bad site i like the idea but it does have its negatives.

Such as downtime
Funds that you don't control.
If something go's wrong an they are down for a few hours to days what do you do then?
Cant make profit if users can't play.
If money pot shuts down so does your site.

I'm a fan of hot wallet cold wallet systems for the site an a proof of liabilities.
If you run a secure trustworthy site with investment capabilities they will come.

Yeah, this is all definitely true. But most people asking the questions like in this thread don't have the ability to:

1) Keep a site secured (i.e., user balances, investments, etc.)
2) Keep it all online (especially when they're dealing with incoming/outgoing transactions)

Not to mention there's risk involved. A player winning 50 BTC on a site where they are hosting 100 BTC would mean a loss of 50 BTC. On MP's platform, the site owner wins regardless, so even though the player won 50 BTC, the site owner also won.

That said, there's obviously the trade-offs you brought up.
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April 28, 2016, 10:32:07 AM
 #196

If the odds are in favor of the house, then a gambling site would definitely be profitable in the long run.  I think one of the main things to consider though is if you can get a customer base or not.  Without people playing your game, you obviously won't be making a profit.  It would have to be well designed and attractive, to lure customers in.  Having a free faucet would really help lure people into playing.
Yes, site must be very customer friendly, support must be outstanding and never delayed payments, deposits and withdrawals. In a business that we are all anonymous we have to maintain a good customer service to boost you trust and to attract more gamblers to visit you site.
Yes, an active support is must in running any business, also you have to make the deposit and withdrawal instant to that people do not have to wait for the approval or other procedures as with that people feel irritating.
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April 28, 2016, 12:35:31 PM
 #197

It is certainly profitable to run a dice site. Much better if you can incorporate it with Moneypot platform. But all you need to care about is the huge bankroll that is needed to start the project otherwise it may go bankrupt a sudden morning.

yeah  basically bigger bankroll bigger chance to avoid bankruptcy Cheesy , i agree the most important thing to start run dice gambling site are the big bankroll that could cover big winning for many times.
3,000 btc to start maybe more than enough as bankroll tu build a solid dice site?

good bankroll is very important. however, it is also very important to have a good marketing strategy to attract customers to come and play. i have seen a lot of the app/gambling site dont even have a single bet in a day and soon it is closed down.
but if you think twice , with 3,000 bitcoin or worth around $1,350,000 you could build a fancy restaurant or another promising business than casino.
if have to choose i would take to start a fancy restaurant business instead a casino.

But do you ever think about the future of your restaurant? I think every millionaire have enough money to restaurants but why some of them dont even have one? Did you ever think about that? Besides casino is the best business as I know because casino will never die, see vegas for example or may be other smaller casino they will never die too
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April 28, 2016, 01:10:21 PM
 #198

It isn't easy way to run dice site and to make it profitable now.I don't say it is impossible but competition is getting serious day by day.There have been seen many new sites throughout the time and over 99 % of them just disappeared.Launching a site is easy but hard is to manage and handle the things later.
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April 28, 2016, 01:20:28 PM
 #199

Gambling industry is expanding and there is and will always be space for new start-ups.All you need just like every business better strategy,offers,marketing and attractive design.We have watches few sites recently have become successful by promoting heavily on social media.Starting a new business always contains some risks too.
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April 28, 2016, 02:00:32 PM
 #200

Run a dice site with bitcoin has very bright future but it must come with something unique, promotions are very important part of the gambling business so if you will get succeed to managed this wonderful support than it will be profitable for sure.
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