Gambling sites earnings?

[canah17]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Well, as far as i know gambling sites have save up BTC to manage to stay that long and also people wager their bitcoins to play in their sites and also they get addicted in gambling games like dice games just like me but some of the gambling sites get bankrupt because of people won't wager anymore because of some gambling sites have less BTC and can scam you but those big gambling websites have the true and fair games.

[lorylore]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Well, as far as i know gambling sites have save up BTC to manage to stay that long and also people wager their bitcoins to play in their sites and also they get addicted in gambling games like dice games just like me but some of the gambling sites get bankrupt because of people won't wager anymore because of some gambling sites have less BTC and can scam you but those big gambling websites have the true and fair games.

These gambling sites didnt go bankrupt. It is more like they just vanish into thin air and run away with all the investors money. There also have been some cases whereby the websites got hacked and thus went bankrupt but most of the time, the fake website will announce that they are 'hacked' and then run away with all the money.

[RealPhotoshoper]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

We can't really tell how much in figures but we can only analyze how wealthy they are because of their gambling business. My basis is the volume of gamblers, the more people gamble in a certain site, the more money will come in, dice is a game with a house edge, so it is automatic the house will win in the long run.

Gambling business is a promising business even though there will always a risk to not get a successful result.
But we all can see that there is very rare a case where a casino shutting down because of bankrupt in loss.
Even frequently we can see the gambling sites getting bigger and another newcomer keep popping up.

[Wowcoin]

When the time i gamble my earnings is 0.2 bitcoin that only i earned because everytime i won its been a small profit i get so my earnings are very low. But now i stop gamble because i start become greedy i want to win big so instead i get profit i want to get more and big profit but the worst thing i lost all even a Capital.

[Ayers]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Well, as far as i know gambling sites have save up BTC to manage to stay that long and also people wager their bitcoins to play in their sites and also they get addicted in gambling games like dice games just like me but some of the gambling sites get bankrupt because of people won't wager anymore because of some gambling sites have less BTC and can scam you but those big gambling websites have the true and fair games.

These gambling sites didnt go bankrupt. It is more like they just vanish into thin air and run away with all the investors money. There also have been some cases whereby the websites got hacked and thus went bankrupt but most of the time, the fake website will announce that they are 'hacked' and then run away with all the money.

it doesn't make sense for them to run away with the money, if they are earning they should keep the support to increase the userbase and make more, if they are not earning it mean that no one is using it and they can't either way run away with the money, it's the same as the exchange, customers support coem before everything

[lorylore]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Well, as far as i know gambling sites have save up BTC to manage to stay that long and also people wager their bitcoins to play in their sites and also they get addicted in gambling games like dice games just like me but some of the gambling sites get bankrupt because of people won't wager anymore because of some gambling sites have less BTC and can scam you but those big gambling websites have the true and fair games.

These gambling sites didnt go bankrupt. It is more like they just vanish into thin air and run away with all the investors money. There also have been some cases whereby the websites got hacked and thus went bankrupt but most of the time, the fake website will announce that they are 'hacked' and then run away with all the money.

it doesn't make sense for them to run away with the money, if they are earning they should keep the support to increase the userbase and make more, if they are not earning it mean that no one is using it and they can't either way run away with the money, it's the same as the exchange, customers support coem before everything

Well, for example, someone setup a gambling site and invite people to come to play or invest. So he put in 100btc as the bankroll for the site and a handful of people decided to invest in it as well. So these people put in another 400 btc to push up the bankroll into the site. At the same time, gamblers also put in 100btc into the site so they can gamble. The owner will then have access to 600btc so if the owner decide to run away, how are we able to even get any form of support. That is also how HYIP works and even rep gambling sites are not 100% safe.

[Kotone]

When the time i gamble my earnings is 0.2 bitcoin that only i earned because everytime i won its been a small profit i get so my earnings are very low. But now i stop gamble because i start become greedy i want to win big so instead i get profit i want to get more and big profit but the worst thing i lost all even a Capital.

The op was about how much gambling sites earning per month not those players or actually your earnings i guess , anyways that sounds good 0.2 bitcoin what type of gambling you usually play? And how much your initial deposit when you are playing with it and also im really amaze that you can control your emotion when already won.

[chris200x9]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Well, as far as i know gambling sites have save up BTC to manage to stay that long and also people wager their bitcoins to play in their sites and also they get addicted in gambling games like dice games just like me but some of the gambling sites get bankrupt because of people won't wager anymore because of some gambling sites have less BTC and can scam you but those big gambling websites have the true and fair games.

These gambling sites didnt go bankrupt. It is more like they just vanish into thin air and run away with all the investors money. There also have been some cases whereby the websites got hacked and thus went bankrupt but most of the time, the fake website will announce that they are 'hacked' and then run away with all the money.

it doesn't make sense for them to run away with the money, if they are earning they should keep the support to increase the userbase and make more, if they are not earning it mean that no one is using it and they can't either way run away with the money, it's the same as the exchange, customers support coem before everything

Well, for example, someone setup a gambling site and invite people to come to play or invest. So he put in 100btc as the bankroll for the site and a handful of people decided to invest in it as well. So these people put in another 400 btc to push up the bankroll into the site. At the same time, gamblers also put in 100btc into the site so they can gamble. The owner will then have access to 600btc so if the owner decide to run away, how are we able to even get any form of support. That is also how HYIP works and even rep gambling sites are not 100% safe.

If anyone created gambling site to cheat people, then no one can stop those kinds of people. Because what you said all correct like this some casino sites will cheat people. But if anyone enters this field to make a name in gambling field and also long term big profit they will not cheat players. For examples old casinos they are running from last few years, but still, they maintain a good reputation.

[MFahad]

Due to bitcoins, the Gambling sites business is growing very high.  Many people these days are taking interest in playing gambling as it has become very easy only because of bitcoins. Your identity is also not disclosed due to the use of bitcoins.

[Gintama214]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Your right it is really interesting to know how much a gambling sites could actually earn on how many billions of people gamble everyday, even if they just bet 1 cents per person it would still be a great bag of money right there. I would think they are actually earning more than I do in my work, it should be profitable thats considering some of the websites are legit and some are still running for years now as you said. It should be same concept as casinos but just online. They make people win smaller parts then after they will make you lose everything you have. It it just in the program for them to take your money for them to be successful so even tho bitcoin prices goes up or down. They could still earn money and also maybe they have investors on their site so which is a good thing for them. 

[mirakal]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Many bitcoin casinos keep information about their profit open. Here's some examples.

Crypto-games: 15,910.87627156 - 15,278.65106029 = 632.22521127 BTC profit in Dice alone, over all time (around 3 years).

YOLOdice: 71.228 BTC profit, since Dec 06 2016.

You can check it by yourself in investor section or general stats of any gambling site.

Those who keep their earnings available for the public are those who accepts investments, it's an important information for everyone especially the investors to check if once they will put their money they can make a good return. I believe most of the sites that are operating now are in profit, so in totality investing in gambling sites are profitable.

[Vaskiy]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Many bitcoin casinos keep information about their profit open. Here's some examples.

Crypto-games: 15,910.87627156 - 15,278.65106029 = 632.22521127 BTC profit in Dice alone, over all time (around 3 years).

YOLOdice: 71.228 BTC profit, since Dec 06 2016.

You can check it by yourself in investor section or general stats of any gambling site.

Those who keep their earnings available for the public are those who accepts investments, it's an important information for everyone especially the investors to check if once they will put their money they can make a good return. I believe most of the sites that are operating now are in profit, so in totality investing in gambling sites are profitable.

Agreed, very few gambling websites have gone bankrupt. This happens due to the lack of funding for proper promotion of the sites as well updating with added features to grab the attention of all age of users. Recently in a article read about one of the oldest gambling website going bankrupt just because of lagging settlement to the users due to technical issues. The development team is the cause, so find the perfect site and invest.

[EdenHazard]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Many bitcoin casinos keep information about their profit open. Here's some examples.

Crypto-games: 15,910.87627156 - 15,278.65106029 = 632.22521127 BTC profit in Dice alone, over all time (around 3 years).

YOLOdice: 71.228 BTC profit, since Dec 06 2016.

You can check it by yourself in investor section or general stats of any gambling site.

interesting to know more bitcoin casino who make their profit amount closed for public and privately .

according to my source here https://www.forbes.com/sites/jonmatonis/2013/01/22/bitcoin-casinos-release-2012-earnings/#639244be48c2 they have got a lot of profit , no wonder a lot of new bitcoin gambling sites keep coming , it is really tantalizing . at least with that release people know how good this business.

[hajimasan]

I was always curious about knowing how much gambling sites actually earns and how profitable is it for them considering that some websites such PrimeDice are running for years now and bitcoin price is going up and down since then so how do they manage to keep their reserve filled and make profit in same time ?

Those sites who serve Thier service for the Gambling are really succesful if Thier gambling game system are honest to the gamblers .
Here I will not take your example of prime dice .
Here I will take consider the secondstrade.com which is in this forum from long ago and is accepting unlimited users for the signature camapagin .
Now here is a thing , why they are running Thier campaign if they have no Profit , Ofcourse they are running Thier signature camapagin in this forum Because they are making money in bulk amount and day by day they want increase Thier Profit for the Gambling .
So here the best thing is to said that we should leave every thinking about the casino earning whether they are making Profit or not because they are running Because they are getting and we are donating our money .

[densuj]

When the time i gamble my earnings is 0.2 bitcoin that only i earned because everytime i won its been a small profit i get so my earnings are very low. But now i stop gamble because i start become greedy i want to win big so instead i get profit i want to get more and big profit but the worst thing i lost all even a Capital.

Well I think we don't talking about the experience in play gambling or talking about earning in gambling game
but we are taking about gambling sites earning, the profit from gambling website business
how they manage the money in bitcoin on gambling business, and how much amount of profit from gambling
business.

[onrise]

Mostly majority gambling sites or casinos whether its private or public will definitely be earning profits due to which they are still running. Nobody of them is actually doing any charity that they will keep on running in losses. Either they are being funded or they made profits.

[klf]

Mostly majority gambling sites or casinos whether its private or public will definitely be earning profits due to which they are still running. Nobody of them is actually doing any charity that they will keep on running in losses. Either they are being funded or they made profits.

Yes, that is correct. Any business if one want to do then expect a profit from the business whether it is gambling or any other business. But these gambling sites will not disclose all their profit to the public unless they are accepting public investments for bankrolls. In the beginning, these gambling sites need to spend a lot of money for site promotion and to gain a trust. Once they are reputed then surely they will have many regular gamblers, and at the end, these houses are the one going to make a profit.

[michkima]

Mostly majority gambling sites or casinos whether its private or public will definitely be earning profits due to which they are still running. Nobody of them is actually doing any charity that they will keep on running in losses. Either they are being funded or they made profits.

Yes, that is correct. Any business if one want to do then expect a profit from the business whether it is gambling or any other business. But these gambling sites will not disclose all their profit to the public unless they are accepting public investments for bankrolls. In the beginning, these gambling sites need to spend a lot of money for site promotion and to gain a trust. Once they are reputed then surely they will have many regular gamblers, and at the end, these houses are the one going to make a profit.

Cost of running a gambling site is really about advertising. If there are enough people gambling on the site, then there would be bigger money casinos can use which is good. Since the prices of advertising and other operational costs stays the same, then all else is already profits.

[Zadicar]

Mostly majority gambling sites or casinos whether its private or public will definitely be earning profits due to which they are still running. Nobody of them is actually doing any charity that they will keep on running in losses. Either they are being funded or they made profits.

Yes, that is correct. Any business if one want to do then expect a profit from the business whether it is gambling or any other business. But these gambling sites will not disclose all their profit to the public unless they are accepting public investments for bankrolls. In the beginning, these gambling sites need to spend a lot of money for site promotion and to gain a trust. Once they are reputed then surely they will have many regular gamblers, and at the end, these houses are the one going to make a profit.

Cost of running a gambling site is really about advertising. If there are enough people gambling on the site, then there would be bigger money casinos can use which is good. Since the prices of advertising and other operational costs stays the same, then all else is already profits.

Only the beginning on launching a new gambling site would be the hardest part in my own view because you will surely do all the things that should really be needed for the public to gain attraction on potential players on the site.Once you passed this stage then next is having regular players but still depends on how good is the gambling site on giving its services specially on support matter because most people do really always seek for fast support and provably fair system.

[SvenBomvolen]

I think the real profit of gambling sites can't be calculated, maybe just approximately. Because of the bank is nonstop filling or getting empty. People are playing night and day and this process can't be calculated.