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Author Topic: How much does it cost to create a btc gambling site?  (Read 2480 times)
milewilda
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November 17, 2016, 05:21:25 AM
 #61

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?
If You Want to Start A Bitcoin Gambling Site Then Firstly You  Need a Good Amount Like 100 Btc For Your Bankroll, Website Domain and Hosting and Advertising  and If You Have At least 100 Btc Then You can Start a Bitcoin Gambling Site Otherwise its Not Possible......

Yes, we need big Bankroll, but you can start if you have 60+ BTC, yes to creating a website and maintenance team cost and to promoting your website within 10 BTC you can manage. But you need money to run your website at least 3 months. So first set your limit bit low and start. When your site began to give you profit like that you can increase your limits that;s it.

60 Btc  would already  essential   to  put  in  the   bankroll. You are right  better to set   low limits  since you are  just starting  and if you  observe   that its  already  gaining profits then  thats  the time to make adjustments. 3  months  would be a good observation  period but  before you  can set all this  up, you will surely pass first to those important things  like promoting your site, if it doesnt get  good  amount of players  then for sure  your site would not  last long.

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November 17, 2016, 07:54:49 AM
 #62

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?
If You Want to Start A Bitcoin Gambling Site Then Firstly You  Need a Good Amount Like 100 Btc For Your Bankroll, Website Domain and Hosting and Advertising  and If You Have At least 100 Btc Then You can Start a Bitcoin Gambling Site Otherwise its Not Possible......

Yes, we need big Bankroll, but you can start if you have 60+ BTC, yes to creating a website and maintenance team cost and to promoting your website within 10 BTC you can manage. But you need money to run your website at least 3 months. So first set your limit bit low and start. When your site began to give you profit like that you can increase your limits that;s it.

60 Btc  would already  essential   to  put  in  the   bankroll. You are right  better to set   low limits  since you are  just starting  and if you  observe   that its  already  gaining profits then  thats  the time to make adjustments. 3  months  would be a good observation  period but  before you  can set all this  up, you will surely pass first to those important things  like promoting your site, if it doesnt get  good  amount of players  then for sure  your site would not  last long.
I have that 60 BTC, I would just probably invest that in different gambling sites. It's hard to put in one basket as that's still investing and I think with that 60 BTC is not enough to make a successful gambling sites because you still have to pay for the promotion and other necessary things to pay.

.
.Duelbits.
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BossMacko
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November 17, 2016, 09:15:12 AM
 #63

If you are rich and you want to create a Bitcoin gambling site then i think you need 100+ Bitcoin and just cap the max bet in order not to lose all your bankroll. But if you know how to create a gambling site you don't need to have 100+ Bitcoin just to run it , Just be partner with Moneypot and your site is good to go.
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November 17, 2016, 09:38:17 AM
 #64

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?

cheap DICE script here
https://bitcointalk.org/index.php?topic=1675611.msg16825170#msg16825170
thanks
hua_hui
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November 17, 2016, 10:15:28 AM
 #65

If you are rich and you want to create a Bitcoin gambling site then i think you need 100+ Bitcoin and just cap the max bet in order not to lose all your bankroll. But if you know how to create a gambling site you don't need to have 100+ Bitcoin just to run it , Just be partner with Moneypot and your site is good to go.

Moneypot is actually a good platform for you to make your own bitcoin casino and without the worry of not having enough funding. For a casino, the bankroll is a huge factor when choosing where to gamble.
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November 17, 2016, 11:28:25 AM
 #66

I think around 100 BTC

     ⚄  DICE  ⚄   ► Roll & Win   ► Feel The Adrenaline   ► No Ads   ► Earn Bitcoins   OneHash.com     
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November 17, 2016, 11:41:18 AM
 #67

Don't mix gambling games with casinos, game you can make with knowledge and few friends that have experience with programming and development. Then you can offer your game to various sites, casinos, or anyone who can place your game on their site.
Normally it's going like that, but you can make a game and put it on your site, if game is good you will attract many people. That is a bit different, but basically you can open such site with couple bitcoins, just you will need to limit bets and payouts.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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November 17, 2016, 11:57:48 AM
 #68

If it costs 100 BTC to build, and maintain a gambling website , especially one like prime dice, it should alarm you on how the owner of the website is prepared to get his investment back as quickly as possible. No wonder its a few people who can really make profit on dice games, the house edge is so big more than what many think.
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November 17, 2016, 12:13:23 PM
 #69

If it costs 100 BTC to build, and maintain a gambling website , especially one like prime dice, it should alarm you on how the owner of the website is prepared to get his investment back as quickly as possible. No wonder its a few people who can really make profit on dice games, the house edge is so big more than what many think.

With this amount of bitcoin you can already create maybe 2-3 games with your gambling site. And you will save a lot of bitcoins if you are already a programmer for the labor of programming the script of your site will be just for free for you are the one to do it. But if not, then that will also cost some of your capital bitcoins.

.
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November 17, 2016, 12:48:57 PM
 #70

If it costs 100 BTC to build, and maintain a gambling website , especially one like prime dice, it should alarm you on how the owner of the website is prepared to get his investment back as quickly as possible. No wonder its a few people who can really make profit on dice games, the house edge is so big more than what many think.

With this amount of bitcoin you can already create maybe 2-3 games with your gambling site. And you will save a lot of bitcoins if you are already a programmer for the labor of programming the script of your site will be just for free for you are the one to do it. But if not, then that will also cost some of your capital bitcoins.

You are  right if you are  a  programmer   you could  able to save some  bitcoins  hence  you could  do it  on  your  own  but as  we all know  not all people  does have this  kind of skills  and only  have a  few does  have this  kind  of  talents which  is somehow a  good advantage from others  but  if  you dont have any idea  on  how to  build one  it would sure cost  you  some bitcoins same as  you mentioned.

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November 17, 2016, 01:07:05 PM
 #71

If it costs 100 BTC to build, and maintain a gambling website , especially one like prime dice, it should alarm you on how the owner of the website is prepared to get his investment back as quickly as possible. No wonder its a few people who can really make profit on dice games, the house edge is so big more than what many think.

With this amount of bitcoin you can already create maybe 2-3 games with your gambling site. And you will save a lot of bitcoins if you are already a programmer for the labor of programming the script of your site will be just for free for you are the one to do it. But if not, then that will also cost some of your capital bitcoins.

You are  right if you are  a  programmer   you could  able to save some  bitcoins  hence  you could  do it  on  your  own  but as  we all know  not all people  does have this  kind of skills  and only  have a  few does  have this  kind  of  talents which  is somehow a  good advantage from others  but  if  you dont have any idea  on  how to  build one  it would sure cost  you  some bitcoins same as  you mentioned.

creating the site is not even the biggest expense you have to deal with, although it may seem big and expensive but it really is not because there are scripts to start with and there are so many developers who can do it cheap besides it is a one time fee you are paying.

the biggest costs are advertising, security, and paying the players who can win big as long as your site is provably fair.

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November 17, 2016, 02:09:32 PM
 #72

It is expensive because you can't work all alone and so you need to pay staff members, then you need to pay for very good developer to build a platform very secure and bulletproof, that is a very expensive part, there's some guys around here (better open a new thread for it) who dominate this area of developing. The low costs will be in hosting and promo, but the to maintain a bankroll it depends a lot of what kinda game you'll offer, because dice and slots don't have so much winnings, but cards has, so you need a very good mathematical base to don't give more than the "house" could win.


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Kotone
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November 17, 2016, 02:16:33 PM
 #73

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?
You need a big balance when you are planning to create a gambling website ofcourse you need to pay your programmer designer but if you can do this alone then you need is capital starting approximately of 20bitcoin is enough to run a gambling website.

boyptc
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November 17, 2016, 02:22:25 PM
 #74

If it costs 100 BTC to build, and maintain a gambling website , especially one like prime dice, it should alarm you on how the owner of the website is prepared to get his investment back as quickly as possible. No wonder its a few people who can really make profit on dice games, the house edge is so big more than what many think.

With this amount of bitcoin you can already create maybe 2-3 games with your gambling site. And you will save a lot of bitcoins if you are already a programmer for the labor of programming the script of your site will be just for free for you are the one to do it. But if not, then that will also cost some of your capital bitcoins.

You are  right if you are  a  programmer   you could  able to save some  bitcoins  hence  you could  do it  on  your  own  but as  we all know  not all people  does have this  kind of skills  and only  have a  few does  have this  kind  of  talents which  is somehow a  good advantage from others  but  if  you dont have any idea  on  how to  build one  it would sure cost  you  some bitcoins same as  you mentioned.

creating the site is not even the biggest expense you have to deal with, although it may seem big and expensive but it really is not because there are scripts to start with and there are so many developers who can do it cheap besides it is a one time fee you are paying.

the biggest costs are advertising, security, and paying the players who can win big as long as your site is provably fair.

That's what I've been saying that you need to pay the cost for the script and everything for building up the website. But once you have established it already and ready to go. Then you just need to go for the advertising and marketing of it to get the target gamblers you need. And after that when you are able to get some decent gamblers then expect the return from your investment.

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panjul07
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November 17, 2016, 02:23:57 PM
 #75

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?
You need a big balance when you are planning to create a gambling website ofcourse you need to pay your programmer designer but if you can do this alone then you need is capital starting approximately of 20bitcoin is enough to run a gambling website.

20btc is not enough to run a gambling site imho, first you need to pay for the script/code, design, domain, your devs, promotions and many other thing. Even if you say that the 20btc is for the bankroll only then I think your site will not get enough players. Usually max winning on single bet is only a little % of your total bankroll, you wont give max winning on single bet = your total bankroll. The problem is that when you have low max winning amount on single bet then big players wont come on your site, perhaps only dust players will play on your site. This condition is not good for your site definetely.

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uneng
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November 17, 2016, 02:52:50 PM
 #76

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?
You need a big balance when you are planning to create a gambling website ofcourse you need to pay your programmer designer but if you can do this alone then you need is capital starting approximately of 20bitcoin is enough to run a gambling website.

20btc is not enough to run a gambling site imho, first you need to pay for the script/code, design, domain, your devs, promotions and many other thing. Even if you say that the 20btc is for the bankroll only then I think your site will not get enough players. Usually max winning on single bet is only a little % of your total bankroll, you wont give max winning on single bet = your total bankroll. The problem is that when you have low max winning amount on single bet then big players wont come on your site, perhaps only dust players will play on your site. This condition is not good for your site definetely.

Yes, need much more to start a gambling site. But it's a good investment, BetKing is selling his site and the curent offer is 1500 btcs. We can imagine a good profit was made by the owner there and many players were happy to be on that site.
Miser persons shouldn't open a casino, on this business you need to create many promotions, giveaways, to try to please your customers, otherwise they won't play in your casino.

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marcuslong
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November 17, 2016, 03:02:24 PM
 #77

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?
You need a starting capital of course for the advertising but if you can code your own gambling website then you are going to just think all about how it will become famous and it will play by people and security website is really hard you need to analyze those what you need in one website.
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November 17, 2016, 04:33:31 PM
 #78

In my opinion, the price to make a gambling site depends on what kinds of a gambling site. There are a variety kinds of gambling such as hi-lo dice, sport betting, minesweeper, etc. Each of them needs the different ways and bitcoin to create and maintain. And, if you find that you do now have enough money to upgrade your site, you can open an investment program for investors who enjoy cooperating. You may collect many bitcoin from investors
nikrobi
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November 17, 2016, 04:49:28 PM
 #79

I think with 100 BTC-200 BTC ou can start your casino. Since the first day you must allow investment from users to increase your bankroll. Be prepared for high jackpot earnings, you need to support all the possible losses for you on the first days.
You need to spend some time with marketing too, if possible, run a sig campaign on forum or twitter. Give bonus for first deposits too. And so on...
Leonard2016
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November 17, 2016, 04:58:37 PM
 #80

How much does it cost to build and maintain a website like primedice (for example)?

Hosting,programming,design and advertising costs?

I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,

but i don`t know from where to start.

I don`t know if this is the right place to ask,but can anyone answer?
You need a starting capital of course for the advertising but if you can code your own gambling website then you are going to just think all about how it will become famous and it will play by people and security website is really hard you need to analyze those what you need in one website.

you can even find some investors who can help you with the initial funds and then start with a much smaller amount and build your site first and then little by little make it bigger and bigger.

which means more money, and more advertising with that profit you make and returning the investors funds with a decent ROI.


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