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Author Topic: How much can you make from a gambling site?  (Read 1348 times)
High Plains Drifter
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April 25, 2016, 09:33:59 PM
 #21

Oops, yeah I misread that.  Go ahead and open up a sports gambling site so I can put you out of business

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myCoin ID
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April 25, 2016, 09:48:35 PM
 #22

Since the house always wins overall, you can make a lot of money if you get users/customers to visit the site.  Advertising is important but also the quality of the site and make sure it is very user friendly.
HeroCat
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April 26, 2016, 06:41:02 AM
 #23

You can make ~ 200 - 400 BTC in first three years, if the gambling site will be popular. But keep in your mind that there are a lot of dice sites all around.  Wink
MI6
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April 26, 2016, 08:57:34 AM
 #24

only made around 0.005 - 0.01BTC in a day with sportsbook

ThirstyMoon
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April 26, 2016, 09:42:37 AM
 #25

You can make a lot. Bustabit has currently made 900+ btc. 0,5 % is from me.

On the other hand I haven't encountered another provably fair game where you're sure you can beat the odds and then the game completely destroys you.  Smiley
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April 26, 2016, 09:48:21 AM
 #26

Well i will try for a 3rd time.. apparently my "hints" went over your heads.

- Security + Experience = ?

Is it smart to start an exchange or other crypto service now a days by ONE guy ?

CoinEX was hacked via it's chatbox.. get it ?

Problem is this type of thing puts its users in a vulnerable position.
Want to start using a new ATM system made by a high school kid after school ?
Or the Interac business who has done it for decades ?

THIS is hands down the most important part of the equation.
And yet i am literally the only guy as usual to point out the obvious.

It's like some kid starting a world wide internet digital currency.
(Which is what usually happens around here)

Even the veterans don't have the experience and skills needed to compete
on a playing field that keeps getting tougher with hackers who get more skilled
and other competing big names like Google or Apple or Paypal etc.

When you put your money / coins into a crypto service you are entrusting it's run by someone competent.
And this is rarely the case.. look at Gox or Cryptsy or Mintpal etc

It's not a question of can you ?
It's a question of SHOULD you ?

It's also not a question of "How much will i make ?"

Kids if you want to make money get a job at McDonalds after school instead of starting a Bank or Casino etc  Roll Eyes

And adults.. use your fucking brain.
Do i have to tell you not to invest in Grand Master B's latest scheme ? (Married with Children "Bud Bundy" joke)
My little brother growing up used to have all kinds of bloody schemes & ideas.
Every time i talked to him he was going to be a Fireman or join the army etc LOL

Kids ..fuck off.
Crypto is for adults.

Adults grow up & use your fucking brain already.
Crypto is already full of IPO / coin scams by little children (such as Carbon Coin or BlockNET)
So quit supporting little children's idiotic little fantasies !

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April 26, 2016, 04:38:09 PM
 #27

House Edge * Bet volumes?
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April 26, 2016, 05:01:00 PM
 #28

Depneds how lucky and exeprienced you are. But personaly, I don't know anyone who made a fortune with gambling, mostly people got into deep trouble by loosing big amounts. But if you can control yourself and play smart you can be always around 0 or in some small plus but don't expect to live from gambling.

Oralmat
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May 01, 2016, 07:50:55 AM
 #29

Actually i m not touching the gambling sites. because i believe less profit is better than big lose.
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