bitcoin dice casinos. Is it profitable to have such casino?

[Janation]

Owning a gambling site is really profittable, the fact that there are a lot of gambling casinos or sites that is being made or published is one way to say that dice sites are really proffitable. Though I think it depends on how you handle your dice site. There are a lot of gamblers that like their own uniqueness from the other dice sites, like faucets, cash back and bonuses. If you can make a good dice site and you can make many gamblers attracted to it, i think you can say that it is a successful site.

[Yatsan]

It depends if you will run a dice gambling site or any gambling site you need to be popular first rather the site need to be popular to have a large profit. And the example for that is run a signature campaign and youtube review campaign in that way you can attract gamblers to play with your site and another is you gambling site should have unique feature. 

[jtipt]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Yes it is highly profitable in the longer run, there are some dice websites here from years and they must have made a ton of profit. A very low house edge is also very profitable there is no need for a high edge. Initially it is gonna require a high capital, if the casino attracts high rollers then you must have the BTC to pay them, keep in mind that these high rollers will make you a lot of profit in longer run.

[machinek20]

It is profitable but you need to build your reputation and you need to have a good marketing skill, because almost all of the dice site offered the same thing, you need to be creative to lure people to play on your site, if you offered something special then people will go to your site

[Oilacris]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Counting each of them as of now in the market would really be many and yes gambling sites is profitable if you already passed the state on hardships or challenges when you are just a new site.Its not easy to gain trust to public and if you are thinking to build a new site then its better to think on a new site which isnt on the market or unique among others because if you plan to build a dice site again then i can say it would be a hard stuff to compete among those who are older than you.

[dossantosleite]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Counting each of them as of now in the market would really be many and yes gambling sites is profitable if you already passed the state on hardships or challenges when you are just a new site.Its not easy to gain trust to public and if you are thinking to build a new site then its better to think on a new site which isnt on the market or unique among others because if you plan to build a dice site again then i can say it would be a hard stuff to compete among those who are older than you.

Maybe add some other games, which isn't in other websites.
What you think, how much these dice gambling site owners are earning per month ?

[Oralmat]

If you think most of the dice gambling sites are here, The reason is that mostly online gamblers like to play dice games, and when bitcoin came, than it give us easy way to play online gambling. So mostly people like to play easy and favorite game, So dice is one of them.
Definitely it would be profitable for the owners of the gambling sites, that's why every day we saw new gambling sites. But about the capital to start own gambling site, I really don't have any experience of it, but you should have experience of it to create it.  

Many thanks for answers and your opinion !

10btc is a lot of money

Yeah, 10 bitcoins is enough, But if you have decided to make own gambling site, should know that it is risky. Even i also have 4 and half bitcoins, but i think for me, is better to hold them. Because i hear next 3 years are very important for bitcoin's price, it will be grow more and more. So i happy to play litter bet. But i wish for you to make your own gambling site.      

[Labumi]

One thing you must have is your skills in providing the best for your site's users. I think not very seen by gamblers, if you have a site that is interesting and outstanding support. Since most gamblers do the game just for the fun of it. But sometimes it is indeed funds could become conditions of the users, but that's not to be personal. And be someone who can give the best thing from the previous
 

[joeydangerous]

It might not be profitable if someone figures out the Algorithim.

[Oilacris]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Counting each of them as of now in the market would really be many and yes gambling sites is profitable if you already passed the state on hardships or challenges when you are just a new site.Its not easy to gain trust to public and if you are thinking to build a new site then its better to think on a new site which isnt on the market or unique among others because if you plan to build a dice site again then i can say it would be a hard stuff to compete among those who are older than you.

Maybe add some other games, which isn't in other websites.
What you think, how much these dice gambling site owners are earning per month ?

Thats the thing you should seek out or discover on yourself on thinking a game which isnt on other site because most of games are now in the market and people do still strive to create there own unique game.Talking about earning on dice sites i dont have any idea and it does vary on how popular it is.

[jhenfelipe]

IMO profitable if and only if your site will have several number of active players. It won't get any profit if it can't maintain users who'll regularly visit and use it. So you need to think of a way for users that they can't resist visiting your site. That's a little bit hard since there are many dice sites out there and if you have small capital.

[iqlimasyadiqa]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

of course it will be very profitable. you just shut at the computer and wait for visitors to play on your site. you must require a lot of capital and also have knowledge of Internet marketing so that you can attract more people to play on your website. This is a great opportunity, especially the development of bitcoin gambling is very good.

[panjul07]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

of course it will be very profitable. you just shut at the computer and wait for visitors to play on your site. you must require a lot of capital and also have knowledge of Internet marketing so that you can attract more people to play on your website. This is a great opportunity, especially the development of bitcoin gambling is very good.

It is not a guarantee that having dice site is profitable, there were some examples of failed dice sites in the past.  They have spent some money to promote the site but still hard to attract many players. Nowadays the competition among dice sites is so tight, you need to work very hard to compete with the older trusted dice sites. Even though you have a lot of funds to promote, but it is not enough as it is not about money at all.

[novemberwoah]

Having a casino site would be very profitable, especially accept bitcoin. Many people who do gambling mainly at casino using bitcoin, it was because the security of identity and easy to use. And it is definitely many people will gamble in the casino with bitcoin. If you make site that would be a trustworthy and attractive, I believe will be able to bring a lot of profits. For the capital needed to start a dice gambling site I do not know precisely because sure it varies according to the needs of site. But the minimum capital maybe around 300 BTC and greater will be better.

[KuromaYoichi]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

Counting each of them as of now in the market would really be many and yes gambling sites is profitable if you already passed the state on hardships or challenges when you are just a new site.Its not easy to gain trust to public and if you are thinking to build a new site then its better to think on a new site which isnt on the market or unique among others because if you plan to build a dice site again then i can say it would be a hard stuff to compete among those who are older than you.

Maybe add some other games, which isn't in other websites.
What you think, how much these dice gambling site owners are earning per month ?

Don't know the ammount but it always depends on the active player on the casino, if the casino has many active players, then surely the income will be way higher than the one with few active player. The hard part is promoting your casino, attracting players, gaining their trust, providing them with entertaiment and services and keep them happy to throw money at your casino.

[Xenophoto]

Hello,

I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?

It's only as profitable as how popular your gambling casino is. Since this niche has been around for a long time, there's a huge competition already. There's companies that's already at the top like Primedice, CloudBet, Betcoin, Bustabit, etc. Imagine what's something that you have that they don't. You can't climb to the top with just promotions, and advertisements. You have to be something unique and not just a copy+paste of these websites. I see dice sites popping here and there but they all do the same and they all look the same.

You either think of your own unique business or you battle your way in to go to the top. The former is quite hard but all you have to do is think. There's no money involved yet. The latter will require you money which can all lead to nothing at the end.

Yes, there are different gambling sites that comes up but most of them fails and the top stays at the top.

[pereira4]

I think it's great that some people still want to invest in casinos in the bitcoin space. I think the bitcoin casino is still a green field and we are far from it being cornered, still big possibilities to do a good job if you offer an edge against the competition.

[FiiNALiZE]

It depends on how many visitors are using your website. If the people that are using your website choose a dice game and then they end up losing then you would make a little bit of money though you might not have that visitor go to your website again.
Website's like YoBit feature a wide variety of things that the user's could spend their Bitcoins on and when they get bored with that then they would go back to playing dice even though they lost a while ago.

[wuvdoll]

I think it's great that some people still want to invest in casinos in the bitcoin space. I think the bitcoin casino is still a green field and we are far from it being cornered, still big possibilities to do a good job if you offer an edge against the competition.

Already we do see some gambling sites are coming up with zero house edge (but they will use some specialized tokens instead of bitcoin or fiats), so not just house edge I believe the new gambling sites need to revolutionize the gambler's experience to make a hit.

Still, I too believe there would be more possibilities for new sites to make decent profits as this forum has lot of promotion methods to make use of.

[mrcash02]

I don't think it's profitable anymore to start a casino site as we have many legit and reputable sites already that cover the demand of BTC users we have at this moment. Also, with OP reputation it would be ver hard to start a casino and to have people playing there...

The investment necessary is big, because you need to have a decent bankroll to cover the initial expenses in case gamblers win nice prizes. If you really want to start a new casino make sure to have features other casinos don't have, only this way you can have success. Nobody will play in a new casino if there are the same features on another trusted sites.