Operating a BTC gambling site - Worth it?

[FasTroy]

Really, It's a great project. I think you worked hard to create this site. Don't like other people who bought script and just copy / pasting.
So about the gambling site, I think it's nice idea. Many people like gambling and maybe a lot of them are addicted. so if you build your site correctly and adding all sections of gambling, with a nice design and easy to use, it will succeed. I assure to you.
Anyways good luck.

[Skarner21]

It will be worht it if you have a good build team that every each of one can protect your site from fraudulent and hacking. 1 member for database, 1 member for development of the gambling site and need more 2 or 3 support for your website.. you can not manage the site if you are the only 1.. and it will worth it if the game is unique or the gambling has a good design..
Operating those gambling site who are staying for too long here and i think they are not only 1 person they are all has own skills to protect and fix bugs the who gambling site..

[MinerHQ]

Passion won't be enough.  You'll also need to spend thousands on SEO linkbuilding because gambling is a very competitive niche.

No need to build bank links to your gambling site instead find a good way to promote your site in bitcoin forum and run some good attractive promotions then surely they can attract may gamblers. Marketing, bonuses and promotions are very important in gambling industry than building backlinks.

[beerlover]

Really, It's a great project. I think you worked hard to create this site. Don't like other people who bought script and just copy / pasting.
So about the gambling site, I think it's nice idea. Many people like gambling and maybe a lot of them are addicted. so if you build your site correctly and adding all sections of gambling, with a nice design and easy to use, it will succeed. I assure to you.
Anyways good luck.

You are right no matter how many new and old casinos sites exist in the market gamblers always look for more and more sites. I think though that now the market being so stable that people have their fixed site for simple games we need to give the gamblers some new sort of games or at least new concept with the same old hashing system for verification.

[Vaskiy]

Really, It's a great project. I think you worked hard to create this site. Don't like other people who bought script and just copy / pasting.
So about the gambling site, I think it's nice idea. Many people like gambling and maybe a lot of them are addicted. so if you build your site correctly and adding all sections of gambling, with a nice design and easy to use, it will succeed. I assure to you.
Anyways good luck.

You are right no matter how many new and old casinos sites exist in the market gamblers always look for more and more sites. I think though that now the market being so stable that people have their fixed site for simple games we need to give the gamblers some new sort of games or at least new concept with the same old hashing system for verification.

Yes, gambling websites will function successfully with at least a small profit. Because these days gambling websites with bitcoin usage is gaining more importance than gambling websites with fiat. Adding unique games with increased winning possibility will reach users easily.

[RoommateAgreement]

Really, It's a great project. I think you worked hard to create this site. Don't like other people who bought script and just copy / pasting.
So about the gambling site, I think it's nice idea. Many people like gambling and maybe a lot of them are addicted. so if you build your site correctly and adding all sections of gambling, with a nice design and easy to use, it will succeed. I assure to you.
Anyways good luck.

You are right no matter how many new and old casinos sites exist in the market gamblers always look for more and more sites. I think though that now the market being so stable that people have their fixed site for simple games we need to give the gamblers some new sort of games or at least new concept with the same old hashing system for verification.

Yes, gambling websites will function successfully with at least a small profit. Because these days gambling websites with bitcoin usage is gaining more importance than gambling websites with fiat. Adding unique games with increased winning possibility will reach users easily.

i agree with that but it is not like if you just make a new website it will be successful and make you profit!
you can see how many new online casinos start working every day and most of them dice games and none of them even become popular enough for us to hear their names.
it is because people think since other sites are successful if they make one, that would be successful too!

[ShetKid]

In my honest opinion... bottomline is that it's not worth it.

There's always the element of risk vs. Reward, etc
But also it is a huge investment and making something that would attract users (and isn't already out on other well known gambling sites these days) is extremely difficult.

However, if you (or someone else) believes that it is an educated investment then by all means go ahead and pursue it!

[Pamadar]

Passion won't be enough.  You'll also need to spend thousands on SEO linkbuilding because gambling is a very competitive niche.

No need to build bank links to your gambling site instead find a good way to promote your site in bitcoin forum and run some good attractive promotions then surely they can attract may gamblers. Marketing, bonuses and promotions are very important in gambling industry than building backlinks.

creating attractive bonuses and good advertisement will help your gambling site to be more recognized, just making sure that your trust
will not be affected of any kinds of bad feedback, this where the business will start to be more profitable, gaining more gamblers to play
inside your house.

[novemberwoah]

Really, It's a great project. I think you worked hard to create this site. Don't like other people who bought script and just copy / pasting.
So about the gambling site, I think it's nice idea. Many people like gambling and maybe a lot of them are addicted. so if you build your site correctly and adding all sections of gambling, with a nice design and easy to use, it will succeed. I assure to you.
Anyways good luck.

You are right no matter how many new and old casinos sites exist in the market gamblers always look for more and more sites. I think though that now the market being so stable that people have their fixed site for simple games we need to give the gamblers some new sort of games or at least new concept with the same old hashing system for verification.

Yes, gambling websites will function successfully with at least a small profit. Because these days gambling websites with bitcoin usage is gaining more importance than gambling websites with fiat. Adding unique games with increased winning possibility will reach users easily.

i agree with that but it is not like if you just make a new website it will be successful and make you profit!
you can see how many new online casinos start working every day and most of them dice games and none of them even become popular enough for us to hear their names.
it is because people think since other sites are successful if they make one, that would be successful too!

Yes, there are many a BTC gambling sites now. operate a BTC gambling site are very worth it. But to make it a profit does require hard work because the competition is very tight, there are many a gambling site here and only a few can be successful and be trusted. Still need good ways and strategies to be successful and played much of a gambler.

[coynedterm]

Hey everyone. 

I'm a passionate Web-Developer and currently got a little bit more time on my hands than usual.
I really love what I'm doing and enjoy running my own projects, so I decided to sit down and start coding a new BTC gambling website.

Everything is prepared already:
 - I have a really catchy Game which I couldn't find anywhere else to play online
 - I have designers on my hand for some neat graphics
 - I have done the math to maintain a small house edge
 - The automatic handling of BTC transactions is finished
 - Provably Fair is planned to be done today
 - My dedicated server is ready to handle a good amount of traffic
 - [...]

But I'm interested to know: Is developing a BTC gambling websites considered to be profitable?
Can I expect people to pay attention to a new game?
Is the market maybe already saturated?

My decision to code this website isn't going to change, regardless of the answers I will receive. 
I'm simply wondering what dimensions I could be entering with this project.

I'm excited to hear your thoughts and opinions on this! 

If you have  willing to start then start your gambling site but you should keep some best things in your mind to make your gambling site more successful .
1) Make a free faucet option ,like freebitco.in
2) Gambling system like high/low direct bet system .
3) Make site browsable easily at mobile as well as desktop .
4) You should have 5-6 BTC to make better start of your site .
5) you need small advertisement for your site , so that everyone comes to understand about your site and service .

[ImHash]

Don't bother, community is truly saturated with all kinds of gambling services plus a few of the best casinos are owned by admins and staff here so you'll probably need to advertise heavily, I noticed that you said no matter what we say you'll do whatever you want, so do whatever you like but be prepared to get rekt

[Japinat]

Don't bother, community is truly saturated with all kinds of gambling services plus a few of the best casinos are owned by admins and staff here so you'll probably need to advertise heavily, I noticed that you said no matter what we say you'll do whatever you want, so do whatever you like but be prepared to get rekt

It's not good to lose one's interest in having their own, the business is not that saturated as you think, we are getting more adopters now. The competition will always make gambling sites serves the gamblers with the best because they will also want to be on top so they maintain or improve their business. But since this is a big business, you also need a bigger amount to start, otherwise just don't do it.

Considering the advertising cost would already cost your much, you much has some back up funds for your bankroll to attract gamblers.

Please everyone, do no think it's easy to run a business, establishing is the easiest part only but to maintain it, that's a bigger challenge.

[milewilda]

Don't bother, community is truly saturated with all kinds of gambling services plus a few of the best casinos are owned by admins and staff here so you'll probably need to advertise heavily, I noticed that you said no matter what we say you'll do whatever you want, so do whatever you like but be prepared to get rekt

It's not good to lose one's interest in having their own, the business is not that saturated as you think, we are getting more adopters now. The competition will always make gambling sites serves the gamblers with the best because they will also want to be on top so they maintain or improve their business. But since this is a big business, you also need a bigger amount to start, otherwise just don't do it.

Considering the advertising cost would already cost your much, you much has some back up funds for your bankroll to attract gamblers.

Please everyone, do no think it's easy to run a business, establishing is the easiest part only but to maintain it, that's a bigger challenge.

Its not really good to discourage someone when they do have plans on building their own gambling site since they do have their own will to do so.We are here just to give opinions but seeing on each one of them most of it are right since market is somehow saturated and the competition is very high.

[hatshepsut93]

Don't bother, community is truly saturated with all kinds of gambling services plus a few of the best casinos are owned by admins and staff here so you'll probably need to advertise heavily, I noticed that you said no matter what we say you'll do whatever you want, so do whatever you like but be prepared to get rekt

If people would stop starting new business because markets are already saturated, that everything would be monopolised and we'd see decrease in quality and increase in prices. Competition is in interests of consumers, so we should always encourage entrepreneurship. As for casinos, there's still a lot of room for innovation, some people might like more sophisticated games or things like pvp games, or some new forms of betting. But ofcourse if you create another dice site you will find a hard time attracting any significant amount of players.

[patt0]

You seem to have it all planed out, so I don't see why it shouldn't work out.
After reading everything you said, you seem to have all the necessary support for logistics, and according to your opinion you have a catchy game.
I think that is the only thing that could go wrong, since we still don't know what game is, and it could be a good game to you, but not to the public.

I hope we will all like it, but maybe you should evaluate the market first?
As for the market being saturated, well it depends. There is a lot of gambling options for sure, but they are all very similar, so since you say you have something new and good, I don't see any problems for your business.

[yellow1]

The market will not be saturated and as long as you offered a new catchy game. And if this catchy game clicks then you will profit and your risk be rewarded. Looks like you are pretty much set it up, so goodluck.

[Patatas]

The market will not be saturated and as long as you offered a new catchy game. And if this catchy game clicks then you will profit and your risk be rewarded. Looks like you are pretty much set it up, so goodluck.

Have seen many catchy games with good graphics fall within a month of it's launch.Trust me,it's not about doing something different ,it's about doing the same thing better than the others.Market is saturated,agree but with full of opportunities. To.To stand out,either you need to be heavily invested or compound funded.You need a lot of money for marketing rather than setting the website up.

[Kevin77]

Yes it will work because you need to prove yourself that the way you are promoting your gambling sites and paying to winners on time. Mainly you have to promotional offer to your investors and you need follow different techniques to attract your investors.

It will be a challege to run and operate an online gambling site because hackers are looking for new ways to rip you off and it will be a constant pressure to be above them and the major factor you need is the bank roll to fund everything .Then only comes the promotion and other stuff.Having a good security is essential for an online gambling site.If you can do all those then it is worth a shot.

Hackers ca be easily avoided by making sure that there are no easy bugs to exploit and there is not much money in the hot wallet so in case hacker does his best to access the wallet he just gets a hundred dollars.

That been said I think the main feature people demand now is the giveaways and contests going on because almost all of us know that we have sufficient sites that are honest and instant but yet if you want the gambler to play at your site then give him something lucrative.

[Red-Apple]

Don't bother, community is truly saturated with all kinds of gambling services plus a few of the best casinos are owned by admins and staff here so you'll probably need to advertise heavily, I noticed that you said no matter what we say you'll do whatever you want, so do whatever you like but be prepared to get rekt

from what i have read from OP i don't think he is just copying other people's games. and yes market is saturated with some particular games such as dice and if someone tries the same game they will have lots of problems but there are a lot of other games that has no good casino to play at.
if he really makes a new game that is also interesting and advertises it properly then he can be successful.

[Decoded]

If you're dedicated, it's a good idea. The problem is, is that it's a long road to gain even the tiniest bit of reputation and you'll have to be really aggressive in your advertising, otherwise people will simply forget about your site.

What you could do is make a site script, and sell it, or do some jobs.