Operating a BTC gambling site - Worth it?

[Herbert2020]

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?

just developing the site and then what? sell it or also operate it yourself?
you have already done the most part of it that counts, and if the game you designed is as easy to play and as interesting as it sounds like then it can be successful. if you just developed and want to sell it later then it can be profitable for you.
but if you plan on operating it yourself too, then you have to invest some more money into your own project to make people pay attention to your game. they won't come on their own. and you can grow it slowly but it can happen, market is not full yet.

[btcdiggingmaster]

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.

[Natalim]

It's always worth it if you do your job as the owner of the site, though we have seen there are many gambling sites that are successful, we should not discount the fact that chances of failure is also their. There are plenty of things to consider starting from the right amount of bankroll and the promotion or advertising itself, and that entails money there so if you feel you have that budget that is necessary, do not hesitate, knowing that gambling sites are profitable is already something that will inspire us.

[hajimasan]

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! 

Yes of course it worth but a big thing in owing a gambling site is that you need first to make a big advertisment because without advertisment you can't get users for own gambling online casino .
So if you have big amount of bitcoin then you should start your gambling site .
And run your signature campaign in this forum.for at least one to two months .

[coinplus]

It's always worth it if you do your job as the owner of the site, though we have seen there are many gambling sites that are successful, we should not discount the fact that chances of failure is also their.

Yes any business would be profitable only when we are giving the right approaches. We need to learn how to run a gambling site then we can be successful by making enough profit from it. So, the basic thing required for operating a BTC gambling site successfully must be a acquiring management skill. After this, the required capital will come into action.

There are plenty of things to consider starting from the right amount of bankroll and the promotion or advertising

To gain knowledge on all different field, it would be more important to watch one  successfully running gambling site very closely. If we get chances we can work with the any successful gambling site's admin so that we can learn things quickly.

if you feel you have that budget that is necessary, do not hesitate, knowing that gambling sites are profitable is already something that will inspire us.

Yes, no one can argue, because big budget is more important for promotions so that gaining quick popularity. We need to give free giveaways and free credit so that we can make gamblers to test our site. We need to be sure our graphics experience and easy procedures to make them stay with us after that.

[ASHLIUSZ]

One among the favorite place where bitcoin users spend more time as well the firm where more bitcoin circulation.happens is in the gambling websites. Lot of gambling websites accepting bitcoin is found. Something a unique game will surely get the attention of users as well through campaigns you can easily make it reach more users in a short time period.

[boyptc]

One among the favorite place where bitcoin users spend more time as well the firm where more bitcoin circulation.happens is in the gambling websites. Lot of gambling websites accepting bitcoin is found. Something a unique game will surely get the attention of users as well through campaigns you can easily make it reach more users in a short time period.

But seeing the tons of gambling site all over the place now. It was one of the most dominant industry in bitcoin today. It's either you will have a boom business for operating a gambling site nowadays but the competition is really tough. You need to focus into operating a gambling because it's not that something you can control easily.

[--DarkSecrets--]

But I'm interested to know: Is developing a BTC gambling websites considered to be profitable?

For me ,it depends knowing that BTC gambling and altcoin accepting is good .It will be profitable if your Gambling site have many players.

Can I expect people to pay attention to a new game?

Yes, especially if it is interesting gambling make sure to provide a tutorial and some videos how does game works before they play .In that move you will know how they will feedback and be excited or not in your new gambling game.

Is the market maybe already saturated?

Not already , Just believe and do what you think would be great and unique for your gambling site to be competitive than others .If your gambling site is catchy and added some unique different taste from gamblers sure it will be worth all your works.

[Kemarit]

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
 - [...]

Looks like you got it all set-up. However, I suggest you do a soft release. You can ask a reputable
SR or above member or specially those experienced members here that gamble on on-line gambling
sites so that they can test your new on-line game.

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?

I don't think that the market is saturated at the moment. So putting a online gambling site
is still profitable. I just have a few questions.
How much bankroll are you going to put initially?
How much of your marketing budget are you allocating to online marketing?.
The reason I'm asking this is because I considered those 2 as important factors to
succeed in the business you are getting in.

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! 

Goodluck to your project and wish you well.

[Ayers]

I'm sure operating a bitcoin gambling site is very profitable but unless you're a very early adopter it's probably too late for you now unless you have a lot of money.

You're going to have to be able to afford to pay every users wins, if they win big can you pay them?

i don't think there are a high profit anymore, look at this place there is too much competition, and the big boy have already all the customers, you won't get much but the investment to run this sitr still is big, and risky, and aditionally you need trust at the beginning or no one will jump on your ship, and to do that you must lower fee and your edge, which mean lowering your income for the first months or two, not worth it for me

[Jannn]

Worth, not only btc gambling site but fiat gambling site too can give you nice income, as long as you can promoted as well and get many player, you will become rich in shortly.

Fiat gambling sites is good but you must have a permit in operating it to avoid some legal charges against you.

[chixka000]

If you are quite familiar in this forum. You would know that most of the signature campaigns includes gambling sites. Basically most this campaigns runs for a year or more which means that yes it is probably one of the best earning platform. Just imagine those signature campaigns paying i guess 1btc or up every month or week

[klf]

In all businesses to success marking is a most important thing. Even though you have a great product but don't know how to market it then no use of that great product. So until your site become popular you should find some expert marketing person to promote your site in social media and on this forum. Also to attract initially new players you should come up with very attractive promotions and another important thing is should have a good support to team to handle all the issues and should respond very quickly,

[SaShiRaJaVu]

In all businesses to success marking is a most important thing. Even though you have a great product but don't know how to market it then no use of that great product. So until your site become popular you should find some expert marketing person to promote your site in social media and on this forum. Also to attract initially new players you should come up with very attractive promotions and another important thing is should have a good support to team to handle all the issues and should respond very quickly,

Marketing and giving out attractive promotion are important things to attract new players and in order to keep the players the platform has to be interesting and for all these things you need to have a good bank roll to keep everything rolling and if you could add some interesting games then you will be having a successful business.

[uncle-monty]

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

[FLoving]

Yes you have to take the start as the players nowadays for BTC based casino are much more but for the success you will need an expert planning for promotions and bonuses for the people because in the start you will not think for your profit but will give benefits to the players so that they will attract to your casino.

[tribanogrami]

If u can code backgammon and rummikub game i can find a lot of users for u. Especially backgammon. Its common game in Turkey. Im searching for backgammon game for bet with btc but cant found anywhere.

For example bet for 0.01 winner take them all.

Rummikub can play 2 or 4 players. 4 players r better. It can play with a team 2 to 2. If i will find a site gamble with these games i can play until my balance 0 and i know lots of guys like me.

These games r so funny. People can spend lots of time with these games.  

[mrcash02]

I think at this point isn't interesting anymore to operate a new casino. There are many casinos already and it already supply the current amount Bitcoin gamblers. It will just worth if you come with something new that no one have, an original inedited casino.

When more people start using Bitcoins, maybe this idea could be good again, but now it's too risk and probably you can lose money trying to be a part of a saturated market.

[philiveyjr]

If I had the money and skills along with it, I'd definitely open a gambling site. I think its the best way to make money while not really doing much work once it is well setup.  What I mean is the return of investment is always there if you have a big bankroll to advertise the casino. If you dont have the big bucks for keeping th casino running, you could try to crowd fund the project.

[Clement Kaliyar]

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.