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Author Topic: Is it profitable to run a dice gambling site?  (Read 5412 times)
shadobitz
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April 26, 2016, 06:46:30 AM
 #141

Gambling site with bitcoin is profitable and dice is most popular format of gambling with bitcoin, if somebody have enough funds to make unique dice site and to promote it on various platform than it can make it profitable business.
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April 26, 2016, 07:00:59 AM
 #142

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.

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April 26, 2016, 07:03:47 AM
 #143

Every business when done right if profitable. Being owner of Bitcoin Casino is no different that owing a grocery store or a bar.
If you can manage your business well it will bloom, if you mass it up your chance is gone and you will go bankrupt. That is law of the market.
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April 26, 2016, 07:06:51 AM
 #144

I think so run a dice gambling site can be profitable but it must be come from scratch with some interesting promo and contests to make it attractive for high rollers, copy past dice sites has no future like many are coming on moneypot with untitled dice script.
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April 26, 2016, 07:09:55 AM
 #145

Every business when done right if profitable. Being owner of Bitcoin Casino is no different that owing a grocery store or a bar.
If you can manage your business well it will bloom, if you mass it up your chance is gone and you will go bankrupt. That is law of the market.

Yeah that is right, every business demand how it have attraction for its users, something innovation will make it successful because bitcoin has bright future.
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April 26, 2016, 08:26:04 AM
 #146

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.

but the site owner do not face that much chances of lose, they earn a good money from their site with different ways, the only thing which will cost the owners is spending money on advertisement, all the businesses success are dependent on advertisement, the more advertisements a site has the more will be it popular.
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April 26, 2016, 01:30:17 PM
 #147

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.

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April 26, 2016, 02:30:06 PM
 #148

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.

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April 26, 2016, 02:46:40 PM
 #149

it is never late to run a profitable dice gambling site but the difference now with 2-3 years ago is than now the market is filled with different dice sites. so in order to stand out you have to really stand out!

i mean there should really be some difference, and surely there needs to be a lot of advertising and promotion of the site if you want to attract customers.

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April 26, 2016, 02:47:25 PM
 #150

Yes if you plan to run a dice gambling site means it's really profitable site. But if have capacity to maintain thi site means you can easily run this site. In all gambling site the house only making profit so you will never get loss here.
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April 26, 2016, 03:25:25 PM
 #151

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.
That can be only profitable if you are gambling on the right moment and right time and you have to be lucky also and that happens not that often so that is quite rare and bad.
But maybe you dont have to win but dont lose also not that much money with gambling otherwise you become poor.
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April 26, 2016, 04:17:08 PM
 #152

Yes it can be profitable on the long term.Actually all gambling sites are good and always make money to owners. The basic and important to reach to make it profitable is good marketing and promotions.If you succeed to get attention of players then it will turn into profitable.
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April 26, 2016, 04:18:02 PM
 #153

Just make sure you rig the dice, of course.

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April 26, 2016, 04:19:47 PM
 #154

As long as you're running it with honest , you will got profit and more profit everyday  !

I think so run a dice gambling site can be profitable but it must be come from scratch with some interesting promo and contests to make it attractive for high rollers, copy past dice sites has no future like many are coming on moneypot with untitled dice script.

I think it's quite difficult for now to gather attention of new gambler since they are so many gambling site company can't compete with old & trusted dice site.

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April 26, 2016, 04:59:55 PM
 #155

Gambling site with bitcoin is profitable and dice is most popular format of gambling with bitcoin, if somebody have enough funds to make unique dice site and to promote it on various platform than it can make it profitable business.

Although it would be hard to invent something new in this field I think it is possible and those who can do it will profit. But of course you can lose some money if you'll make a dice site which just a few will use. You should attract gamblers to your site, making a lower house edge for example.

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April 26, 2016, 05:06:11 PM
 #156

Every business when done right if profitable. Being owner of Bitcoin Casino is no different that owing a grocery store or a bar.
If you can manage your business well it will bloom, if you mass it up your chance is gone and you will go bankrupt. That is law of the market.
It is not easy like just operating a grocery store or something. To operate online casino lots of things have to take care off mostly protection of your fund from hackers which is quite common tgis days specially with crypto related casinos where it is easy to get funds in online wallet wothout getting tracked down.

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April 26, 2016, 05:09:26 PM
 #157

Maybe for the first week or first month, you will not get profit because you need to do some promotion. But i think dice sites still profitable for long-term.
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April 26, 2016, 05:10:03 PM
 #158

Yes it can be profitable on the long term.Actually all gambling sites are good and always make money to owners. The basic and important to reach to make it profitable is good marketing and promotions.If you succeed to get attention of players then it will turn into profitable.
The marketing and the promotion is the key. People will move and try your site if :
- Your dice is diffrent and unique than competitor.
- Giveawa, promo, event, games and round.
- etc

It's hard to compete with pd, rllin, fastdc and the others
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April 26, 2016, 08:55:08 PM
 #159

I think its profitable but you need to gain a lot of users and you have also to be trust worthy if you have only one bad review, it will break your gambling website for sure.
Always keep the people happy and you also would need a good marketing.
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April 26, 2016, 09:06:03 PM
 #160


The marketing and the promotion is the key. People will move and try your site if :
- Your dice is diffrent and unique than competitor.
- Giveawa, promo, event, games and round.
- etc

It's hard to compete with pd, rllin, fastdc and the others

The only reason why it's hard to compete with them is due to trust they represent, especially older ones like pd and such.
But if you look at their structure and what they offer, they are not so special in any way, atleast not to me. With enough budget money , anyone can
open up and run a gambling site, but it takes quite some time and money to build a reputable site.
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