Should I start gambling site?

[Cryptoearner]

I have budget of 300 to 500$ for this project
Is my budget is enough to start own gambling site , exclude advertising.
How much time I need to spent on this?
Which features should I add in my gambling site? ( Games or etc.)
Anything Else or any suggestion.
PLEASE DONT COME IF YOU WANT TO LAUGH ON ME


( I don't have any knowledge but I want to invest my money somewhere which give me good profit or only profit)

what you are talking about and what is in your possession does not cover each other. the budget is very weak if you really want to make such an investment, you can say that first of all you can pay for the winnings of the players if you are going to do it in the style of the casino game: D

  Do not forget that the winner will be lost as well as the opposite

I know users can win, but they can or will loos also. So i am planning to start with small game ( small deposi , small play, and small withdraw, so everything is here controlled.)

[Cryptoearner]

I also agree here. I suggest that do not invest your money into gambling especially you want to come up to an earning profit, then gambling is not a circulating site for money, because once player won, then the edge of the site will lose too. Better search for more investing one, than gambling. Also you need to work hard in order to make visitors to your site.

I already said i am not good in investing for while playing or betting or trading. I have second option too there. I can sell my script if i will not get success. But i will build my own once.

[Cryptoearner]

No, this is not a good idea, to start your own gambling site. I was a reviewer for 3-4 years for AskGamblers, a professional website promoting casinos and slots and whatever gambling games. I can tell you there there are hundreds (if not thousands) of online casinos. If you make your casino, you have to get a licence for it, after this you have to get traffic for it. This is the most difficult part. From 1000 visitors to your casino, 1-2 visitors will pay. For a casino as you want to make you will receive 50-300 visitors/day , with all possible promotion that you make to it.
 This is not good business,  it was 3-5 years ago.

Almost everyone is saying no and only NO, When i have freinds to do coding for me( free) hosting or domain almost no cost) and for promotion i can spend 200$ for first month and i expect that i will get enough users from whom i will get my money back or i will not get. But i can hope so and i have 300$ still.

[Cryptoearner]

if I think the money you should not be used to join gambling forums because gambling is in my opinion just rely on luck alone. you should get the money you have bought gold, if it does invest

Do you know what you are saying? I am here to start my own gambling site on visiting forums  related to gambling.thanks for reply with you uncessord Post

Haha he posted at the wrong section. That should be posted in some threads on the gambling discussion like "Would you gamble your money?" @cryptoearner are you a dev alone? that budget of yours is very tight and you can't move forward with it. Gambling business needs to have bigger capital than the usual one or higher than we are thinking and expecting. Anyway, good luck with your project.

I thought i will find both types of people here, gamblers and developers and in my project both are or will play  important role. So i posted here. Maybe i will move there when i will come with my project.
Thanks

[Cryptoearner]

I wouldn't do it If I were you. Your budget is not enough and you seem to not have enough knowledge about the process. I would invest in bitcoin and mining.

I know budget is low. How you can invest in mining with 1k USD in altcoin or Bitcoin? If I will invest in bitcoin then I will not get anything from my invest. But maybe I will get profit with altcoin.. I am also analysing mining process.

I'm not a big fan regarding on investing with mining since I had a bad tragic experience before upon investing on that sites. But Maybe 1k$ is so enough to start investing on altcoin trading since he can made a lot of profits for that amount and 1k$ is not so low amount mate and not everyone afford to have that capital to spend on. But we can find some another alternative since 1k$ is already a flexible budget.

I can start mining ALTCOINs, hahahahahaha. I am not sure how much it will cost me here for mining. So its better to move where i am concentrating now.

[Cryptoearner]

The gambling site thing has already been done so many times and done very well in some cases. Why don't you try and come up with something different rather than trying to compete in what is already a very competitive space?

Any suggestion? What i can do different in my gambling site? I am thinking to do different but i cant.

[Cryptoearner]

With that amount of money, I would suggest that you invest it in a gambling site that would give you a small monthly profit. There are many gambling sites that you can search that are already established and you wouldn't have to go through all the hassle of setting up your own business and the risk of going bankrupt can be minimized.

That's not enough for starting your own gambling site. You need to have a bigger capital for this to get more gamblers that will come back to you all of the time. Why not add some more fund on it or you can invest that fund first in trading and just grow it. Once you have doubled it maybe you can now start as I really can't see that there will be a smooth operation on that budget. I'm not trying to give you some false hope but with that budget you are near to early closure.

Please read above replies.

[JackpotRacer]

The gambling site thing has already been done so many times and done very well in some cases. Why don't you try and come up with something different rather than trying to compete in what is already a very competitive space?

Any suggestion? What i can do different in my gambling site? I am thinking to do different but i cant.

why are you saying you cant?

[Ahmedcss28]

I don't think gambling website is good idea . And i dont think you gonna get good profit from it and on top of that ! The amount of money you have is not enough ! What if someone deposit 1000 $ and then win 3000$ . From where you gonna pay him and assure his withdraw

[BLAST2MARS]

$500 is very small and it won't make your gambling site last long enough. You need to invest larger than that.

[Cryptoearner]

The gambling site thing has already been done so many times and done very well in some cases. Why don't you try and come up with something different rather than trying to compete in what is already a very competitive space?

Any suggestion? What i can do different in my gambling site? I am thinking to do different but i cant.

why are you saying you cant?

Because I don't have any idea which make my site different from others. If I have any idea then definitely I will implement it on my site.
BTW my site is almost ready to Walk. Adding Faucet is good or it's ok without Faucet

[Cryptoearner]

I don't think gambling website is good idea . And i dont think you gonna get good profit from it and on top of that ! The amount of money you have is not enough ! What if someone deposit 1000 $ and then win 3000$ . From where you gonna pay him and assure his withdraw

Thanks for suggesting. But we have limit for deposit and withdraw. So no one will deposit more that 0.005 and no one can withdraw more than 0.01btc (for example) then I don't think I am going to loose anything.

[Cryptoearner]

$500 is very small and it won't make your gambling site last long enough. You need to invest larger than that.

Thank for suggestion. I will increase my budget if needed and if I have. Thanks

[lemipawa]

I found this old thread that talks about bankroll or investment in gambling sites https://bitcointalk.org/index.php?topic=1136572.0
...and here is a site that compares those site that accepts investments bitroll.com/house-bank-investment-guide/dice-investment-comparison

If you have no knowledge in running a gambling site and you have no business partner that you know personally better remove setting up your own gambling site in your bucket list, you might get scammed by those who will design and develop your site.

[ipanks]

The gambling site thing has already been done so many times and done very well in some cases. Why don't you try and come up with something different rather than trying to compete in what is already a very competitive space?

Any suggestion? What i can do different in my gambling site? I am thinking to do different but i cant.

why are you saying you cant?

Because I don't have any idea which make my site different from others. If I have any idea then definitely I will implement it on my site.
BTW my site is almost ready to Walk. Adding Faucet is good or it's ok without Faucet

i think for adding faucet is good especially if you have paid to click like adsense or else in your site because you can get additional income from the visitor. sometimes if we have the right visitor, our ads can be expensive too and we can get nice income. just be careful when you want to continue your project.

[liseff3]

I have budget of 300 to 500$ for this project
Is my budget is enough to start own gambling site , exclude advertising.
How much time I need to spent on this?
Which features should I add in my gambling site? ( Games or etc.)
Anything Else or any suggestion.
PLEASE DONT COME IF YOU WANT TO LAUGH ON ME


( I don't have any knowledge but I want to invest my money somewhere which give me good profit or only profit)

If your desire still wants to start a gambling site with a $ 500 budget and you plan to add some investors into your project, maybe this project can be started.

However, given the existing budget conditions, we recommend starting with the small (middle to lower), hopefully this brief suggestion is useful.

[SillyCat]

well as long as it is done under the law boundary i think it will be possible but
i am sure there will be a lot of up and downs.

[JunoCoin]

Surely gambling sites are profitting but I don't think you should start with that budget without knowing anything.Even if you manage to run the site online and secure the website from exploits and ddos attacks , what will you do if some crazy guy deposites $1000 and doubles his money.How will you be able to gurantee his withdrawal?

There are liquidity providers for paying larger amounts.

[g@brielikeR657]

I have budget of 300 to 500$ for this project
Is my budget is enough to start own gambling site , exclude advertising.
How much time I need to spent on this?
Which features should I add in my gambling site? ( Games or etc.)
Anything Else or any suggestion.
PLEASE DONT COME IF YOU WANT TO LAUGH ON ME


( I don't have any knowledge but I want to invest my money somewhere which give me good profit or only profit)

doing gambling is bad thing first. if we want to earn money fast in short period of time then choosing gambling. but it is risky process and dangerous. so try to think before coming in ti this. in gambling has more up and downs. if we are doing gambling earning profit easily and reaching our dreams and aims in very short period of time.

[doedz]

I understand, this situation I have experienced. Everyone wants big profits. but nothing is instant.
find your skills and start choosing strategies to increase the profitability of your capital. certainly not gamling.