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Author Topic: Is it profitable to run a dice gambling site?  (Read 5607 times)
MyBTT
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December 16, 2015, 03:22:08 AM
 #41

Definitely. Just take a look at Stunna and Dooglus. They are both extremely rich Tongue


 
 
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katerniko1
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December 16, 2015, 04:09:10 AM
 #42

there is soo much dice sites because all of them are not earning money Smiley
regards.
-Katerniko1
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December 16, 2015, 04:36:07 AM
 #43

I think in 2015-2016 its very difficult making money wit ha dice gambling site for many reasons.

One of the reasons is that there are probably 50 active dice sites out there. Unless you offer 0 house edge or some incentive, nobody will want to bet on your site.

Also you need a big bank roll in case a whale comes and starts betting 50 BTC rolls and ends up cleaning out your hot wallet.

Most dice sites are on MP bankroll so a whale cannot come in n start dropping 50btc bets since the max bet there is 7.11btc
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December 16, 2015, 04:39:43 AM
 #44

there is soo much dice sites because all of them are not earning money Smiley
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-Katerniko1
I think it depends how to manage gambling sites.
so, when managing very well, he will get a very big advantage

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December 16, 2015, 06:01:35 AM
 #45

there is soo much dice sites because all of them are not earning money Smiley
regards.
-Katerniko1
I think it depends how to manage gambling sites.
so, when managing very well, he will get a very big advantage



Yeah may be one of them is about managing it well. But most gambling games will not last long because their site is less attractive and they dont give such giveaways or making some promotions, thats why there are only some people know. The most important thing is to attract big whale, if you can attract them I am sure your site will hold long enough. You can saw betterbets that have almost 30k wagered in just 6 months
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December 16, 2015, 06:19:18 AM
 #46

there is soo much dice sites because all of them are not earning money Smiley
regards.
-Katerniko1
Ya new dice site need face alot of old site.
But i think new dice site need make something different, alot alot of promotion and show their potential to player, that they can afford to pay big amount to users.

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December 16, 2015, 07:06:31 AM
 #47

making the same thing again and again is quite not profitable ,i mean come up with some new idea or yours and it will get you you the desirable results if it's really interesting .
there is soo much dice sites because all of them are not earning money Smiley
regards.
-Katerniko1
Ya new dice site need face alot of old site.
But i think new dice site need make something different, alot alot of promotion and show their potential to player, that they can afford to pay big amount to users.
correct , that is something very important.
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December 16, 2015, 07:53:25 AM
 #48

If you can make something different, unique, special, other than all the dices out there, go for it
If now, why bothers?

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December 16, 2015, 08:39:04 AM
 #49

If you rig it and advertise on it, it will be very profitable for you. If you are good with coding and stuff, you can learn a lot while earning a lot of money. But you need to advertise your site so people will go onto it in the first place.
enhu
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December 16, 2015, 09:20:54 AM
 #50

isn't there an existing script for gambling site like dice or poker?
I bet anyone can create a gambling site with just domain and a hosting plan if there is a script for these gambling site.  ITs jsut a matter of how you can promote it yourself.

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December 16, 2015, 09:24:22 AM
 #51

there is soo much dice sites because all of them are not earning money Smiley
regards.
-Katerniko1
I think it depends how to manage gambling sites.
so, when managing very well, he will get a very big advantage



Yes, that is very true. Any one can come up with dice site but marketing your site is very important to attract many players to your site. So dice business is more profitable, if you come up with some new features and you also should provide good customer support than surely one can make money from dice site.
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December 16, 2015, 09:34:31 AM
 #52

I think good marketing promotion is the key of the success for any dice site we have so many successful examples around us like Primedice one of oldest dice site still earning very huge amount.
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December 16, 2015, 10:38:17 AM
 #53

I think good marketing promotion is the key of the success for any dice site we have so many successful examples around us like Primedice one of oldest dice site still earning very huge amount.
primedice is the biggest and oldest dice site, they have a good marketing and strategy like giveaway, they always held big and cool giveaway, that's make them have a lot of fans out there, it's good to see gambling site just focus on dice, and certainly they're big competitor
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December 16, 2015, 10:44:14 AM
 #54

Seems like alot of you are only worried about if a site gives away money to users. Thats not really the best marketing strategy it just means half of you will visit to collect the freebies and then less than half of those members will actually play.

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December 16, 2015, 11:11:43 AM
 #55

I think good marketing promotion is the key of the success for any dice site we have so many successful examples around us like Primedice one of oldest dice site still earning very huge amount.

Actually, heavy marketing is the key of the success for everything. Anyway, thanks everybody for opinions. Looks like you have to have:

1- Big budget
2- Big budget
3- Patient

to compete with current big and consistent competitors in this field. Which is I don't have, at least for now.
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December 16, 2015, 12:26:00 PM
 #56

Seems like alot of you are only worried about if a site gives away money to users. Thats not really the best marketing strategy it just means half of you will visit to collect the freebies and then less than half of those members will actually play.

But giveaways and freebies are making users staying within your site and keeping them gambling even they run out of funds. Also, this way you can make new users get attracted to your sites by promoting happy hours/double giveaway hours.
I believe giveaways/faucets are must for a gambling site and must be covered under advertising expenses.
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December 16, 2015, 12:35:01 PM
 #57

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
Yes, it is profitable if the volume of players in your dice site is huge.
It is very easy to code the site yourself, but you need to enhance the security of your site as well. Do not just make a piece of code for the system, security is more important when it comes to gambling website.

It is worth it if you have the funds to do so. Smiley

Life sucks.
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December 16, 2015, 12:42:17 PM
 #58

Seems like alot of you are only worried about if a site gives away money to users. Thats not really the best marketing strategy it just means half of you will visit to collect the freebies and then less than half of those members will actually play.

But giveaways and freebies are making users staying within your site and keeping them gambling even they run out of funds. Also, this way you can make new users get attracted to your sites by promoting happy hours/double giveaway hours.
I believe giveaways/faucets are must for a gambling site and must be covered under advertising expenses.

Yes the freebies can not be ignored by gambling houses. Freebies play many role in gambling house's success by enabling users to gamble freely ans inducing gamblers to invest.
I too believe advertising a gambling site must be a biggest challenge for it's owners than setting it up.
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December 16, 2015, 12:51:48 PM
 #59

Yes the freebies can not be ignored by gambling houses.

Freebies only will attract small user to play that roll satoshis and keep on using your facet / freebies to gamble. You will not be able to attract huge whale by giving freebies , if you want to attract them then you need quality on your site

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December 16, 2015, 12:53:36 PM
 #60

There is dozens bitcoin dice website appeared,
i don't think it will be great idea to get profit by run the similar site game.

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