Bitcoin Casino Question

[nydiacaskey01]

I see so many interesting answers, but i keep saying (at some other topic with almost same question):
- You should ask to other successfull Cassinos as well

I doubt any would give any true secrets away, and anything they would tell you would be publicly available or already posted on threads like this.

There is no secret actually on running a successful casino. It's almost the same as running a regular site, its just that you need to pour more money on site security. But there is one not so secret formula on keeping up with other competitors and that is to continue to improve your service. If in 2018 you are providing the same kind of service that you are offering way back 2016 then you will be left behind by other online casinos.

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[ethereumhunter]

I think it will be a big money to create a bitcoin casino especially if you want to promote your casino so it can reach more player to come to your site and play the games. you need to have many games in your site so you can attract more gamblers to play in your site but it's not guaranteed that you can get many players that will stay at your site. I don't know how much bitcoin that you should prepare to create the gambling site plus the promotion because it depends on what do you want on the gambling site.

It is a game of big investors, I do not think that is so easy to create your own casino and them run it so smoothly to make it a successful one. I think that for that you need to have a lot of money, may be countless. There are so many other necessary factors which are too much important for running a casino.

yea, I think with big money, he can be able to make something that will different than the other casino and he can attract more gambler to visit on his gambling site and play the games. this is why that I am saying that maybe he needs much money to crease gambling site or to buy gambling site from other people because he needs to adjust the site so the site can look different than before and the gambler will stay for a long time.

[iv4n]

I see so many interesting answers, but i keep saying (at some other topic with almost same question):
- You should ask to other successfull Cassinos as well

I doubt any would give any true secrets away, and anything they would tell you would be publicly available or already posted on threads like this.

There is no secret actually on running a successful casino. It's almost the same as running a regular site, its just that you need to pour more money on site security. But there is one not so secret formula on keeping up with other competitors and that is to continue to improve your service. If in 2018 you are providing the same kind of service that you are offering way back 2016 then you will be left behind by other online casinos.

To run a casino you need a lot of money, a lot more then a lot. Like you said casino owners needs to invest a lot in security, in games, support, in the end the bigger bankroll will attract big players, bigger bankroll will save casino owner from disaster. If some whale come and win what will casino do? Running casino is not an easy thing to do, the bigger you wish to be, more money you need, I doubt that this guy have that money. I have seen many similar topics here, with similar question, people wish to be owners of big casinos, but who have that money will not come here to ask about how to open casino. There are consulting companies, they cost a lot but they deliver a lot, without a good team nobody can start a big company.

[St4yInTh3D4rk]

I see so many interesting answers, but i keep saying (at some other topic with almost same question):
- You should ask to other successfull Cassinos as well

I doubt any would give any true secrets away, and anything they would tell you would be publicly available or already posted on threads like this.

There is no secret actually on running a successful casino. It's almost the same as running a regular site, its just that you need to pour more money on site security. But there is one not so secret formula on keeping up with other competitors and that is to continue to improve your service. If in 2018 you are providing the same kind of service that you are offering way back 2016 then you will be left behind by other online casinos.

The security of the funds is very much important in the gambling sites because there are some big whale payers only deposit their money if they can have them safe and withdraw at any time without any restriction,but OP now needs to concentrate on specific reputed games other than including all the games which make the cost more wider,it will be better if he can stick with one game and make it better in all terms which can provide the profits once the players started to play.

[gabmen]

I think it will be a big money to create a bitcoin casino especially if you want to promote your casino so it can reach more player to come to your site and play the games. you need to have many games in your site so you can attract more gamblers to play in your site but it's not guaranteed that you can get many players that will stay at your site. I don't know how much bitcoin that you should prepare to create the gambling site plus the promotion because it depends on what do you want on the gambling site.

It is a game of big investors, I do not think that is so easy to create your own casino and them run it so smoothly to make it a successful one. I think that for that you need to have a lot of money, may be countless. There are so many other necessary factors which are too much important for running a casino.

yea, I think with big money, he can be able to make something that will different than the other casino and he can attract more gambler to visit on his gambling site and play the games. this is why that I am saying that maybe he needs much money to crease gambling site or to buy gambling site from other people because he needs to adjust the site so the site can look different than before and the gambler will stay for a long time.

Well for starters you have to really spend on promotions and bonuses to attract initial customers and also on things that will really put a mark on these people since your first customers will likely be the ones to spread word and reviews. Im all you really would need to spend a lot.

[Hobo66]

Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.

The costs of running a casino are greater than just having a big amount of capital to pay your players, there are too many expenses, like the servers, customer support, paying for the creating of new and interesting games that bring people to your casino and probably one of the biggest expenses of all which is marketing.

This industry like almost all of them is full of competition with casinos that have been established for a long time in fact if you take a look you will notice that some of the longest running signature campaigns in the forum come from casinos and this is not really surprising because the moment you stop promoting your casino then another casino begins to take new players that could have played in your casino if you did not stopped the promotion.

Yes that is right that there is a lot of competition between casino, if you want to open a successful casino for that you have to provide more facilities to their customers and only then they may be like to visit your online casino and play gambling there.

[jossiel]

Agree. Building a gambling site is a competition because there are already established gambling sites that can attract many visitors. The capital needed is of course not just to build it. To attract more people, through advertising, to use it will certainly cost a lot.

Competition is existing and not only to bitcoin casino's but everywhere.

There's no certain amount for the total cost of operation but it should be huge if the owner wants to gather more gamblers all over his casino. It depends on the maximum and limit of total winnings that one can withdraw.

[btctalk4life]

I think it will be a big money to create a bitcoin casino especially if you want to promote your casino so it can reach more player to come to your site and play the games. you need to have many games in your site so you can attract more gamblers to play in your site but it's not guaranteed that you can get many players that will stay at your site. I don't know how much bitcoin that you should prepare to create the gambling site plus the promotion because it depends on what do you want on the gambling site.

It is a game of big investors, I do not think that is so easy to create your own casino and them run it so smoothly to make it a successful one. I think that for that you need to have a lot of money, may be countless. There are so many other necessary factors which are too much important for running a casino.

yea, I think with big money, he can be able to make something that will different than the other casino and he can attract more gambler to visit on his gambling site and play the games. this is why that I am saying that maybe he needs much money to crease gambling site or to buy gambling site from other people because he needs to adjust the site so the site can look different than before and the gambler will stay for a long time.

Well for starters you have to really spend on promotions and bonuses to attract initial customers and also on things that will really put a mark on these people since your first customers will likely be the ones to spread word and reviews. Im all you really would need to spend a lot.

Yeah, i think it will cost so much money at the start for promotions and bonus to attract gamblers to play on your casino and it's normal because to promote a new casino is not cheap.

[wuvdoll]

Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.

At this point I do not think creating a new casino or a dice website would be logical, I think if you are capable of spending that much money than I would rather buy another persons casino from what its worth. That way you are buying a casino that is already running, already known, already has workers and already has promotions going on.

You will have to give him a big chunk of the money or at least offer him something he can't refuse and in the end you will own a successful casino that is working and making you money from day one. If you can't afford that than you probably can't afford start one from scratch neither because it would require at least that much to own or make a new one.

[kryptqnick]

I see so many interesting answers, but i keep saying (at some other topic with almost same question):
- You should ask to other successfull Cassinos as well

I doubt any would give any true secrets away, and anything they would tell you would be publicly available or already posted on threads like this.

There is no secret actually on running a successful casino. It's almost the same as running a regular site, its just that you need to pour more money on site security. But there is one not so secret formula on keeping up with other competitors and that is to continue to improve your service. If in 2018 you are providing the same kind of service that you are offering way back 2016 then you will be left behind by other online casinos.

Running a website is about reaching some audience without necessarily the need of them to engage and purchase something. Casinos are mainly very similar and apart from attracting users there, they also need to make the users deposit some money and start playing. I think it's harder than simply reaching the audience. Moreover, many websites offer goods that people might actually need, so convincing the audience to buy stuff is not that hard. Everyone knows that casinos are mainly making one lose money and sometimes lead to the development of addiction, so the person is not willing to get involved initially.
And surely now the market of crypto casinos is too old, so newbies are having harder time trying to make their casinos popular, since many gamblers simply use good old trusted ones instead.

[crwth]

Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.

At this point I do not think creating a new casino or a dice website would be logical, I think if you are capable of spending that much money than I would rather buy another persons casino from what its worth. That way you are buying a casino that is already running, already known, already has workers and already has promotions going on.

You will have to give him a big chunk of the money or at least offer him something he can't refuse and in the end you will own a successful casino that is working and making you money from day one. If you can't afford that than you probably can't afford start one from scratch neither because it would require at least that much to own or make a new one.

Hmm, it would make things easier for the buyer and just have less hassle compared to one that you are going to make. I'm not sure buying a casino would be budget friendly though, especially if you have a lot of people to pay off. You need to have a lot of BTC. It would be nice to check if the casino you are trying to be is that of worth, not just some lame casino. It is interesting also to have your own twist in it one day, so that it could be yours.

[btctalk4life]

Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.

At this point I do not think creating a new casino or a dice website would be logical, I think if you are capable of spending that much money than I would rather buy another persons casino from what its worth. That way you are buying a casino that is already running, already known, already has workers and already has promotions going on.

You will have to give him a big chunk of the money or at least offer him something he can't refuse and in the end you will own a successful casino that is working and making you money from day one. If you can't afford that than you probably can't afford start one from scratch neither because it would require at least that much to own or make a new one.

I think creating a new casino or dice website is not worth anymore nowdays, because there are so many dice sites out there. What i think is, how about bitcoin/cryptocurrency sportsbook? The competition on bitcoin sportsbook is not big and i think it's more worth than open a bitcoin casino or dice site.

[upsidedown75]

I think it will be a big money to create a bitcoin casino especially if you want to promote your casino so it can reach more player to come to your site and play the games. you need to have many games in your site so you can attract more gamblers to play in your site but it's not guaranteed that you can get many players that will stay at your site. I don't know how much bitcoin that you should prepare to create the gambling site plus the promotion because it depends on what do you want on the gambling site.

It is a game of big investors, I do not think that is so easy to create your own casino and them run it so smoothly to make it a successful one. I think that for that you need to have a lot of money, may be countless. There are so many other necessary factors which are too much important for running a casino.

yea, I think with big money, he can be able to make something that will different than the other casino and he can attract more gambler to visit on his gambling site and play the games. this is why that I am saying that maybe he needs much money to crease gambling site or to buy gambling site from other people because he needs to adjust the site so the site can look different than before and the gambler will stay for a long time.

Well for starters you have to really spend on promotions and bonuses to attract initial customers and also on things that will really put a mark on these people since your first customers will likely be the ones to spread word and reviews. Im all you really would need to spend a lot.

Yeah, i think it will cost so much money at the start for promotions and bonus to attract gamblers to play on your casino and it's normal because to promote a new casino is not cheap.

It apparently will cost a lot of money to start with. First and foremost, you will at least need to have a bank roll before you can end up being able to start so as to be able to pay any winner as the case may be, when it comes to security, platform running smoothly and so on, they are not things that we just get to lay our hands on cheaply and you will apparently be ready to shed some money to that perspective unless you can build the whole platform on your own and all you will be looking forward to will be server.

[loverets45]

Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.

The costs of running a casino are greater than just having a big amount of capital to pay your players, there are too many expenses, like the servers, customer support, paying for the creating of new and interesting games that bring people to your casino and probably one of the biggest expenses of all which is marketing.

This industry like almost all of them is full of competition with casinos that have been established for a long time in fact if you take a look you will notice that some of the longest running signature campaigns in the forum come from casinos and this is not really surprising because the moment you stop promoting your casino then another casino begins to take new players that could have played in your casino if you did not stopped the promotion.

Yes that is right that there is a lot of competition between casino, if you want to open a successful casino for that you have to provide more facilities to their customers and only then they may be like to visit your online casino and play gambling there.

Any new online casino coming into this space right now must be willing to come up with something a whole lot unique than just what is being done normally which would probably attract gamblers. I really do not see most gamblers these days hopping around since they are already loyal to the site they are used to. It is a huge competition, and to be able to make it as an owner, you must be ready to think out of the box.

[Barcode_]

I think creating a new casino or dice website is not worth anymore nowdays, because there are so many dice sites out there. What i think is, how about bitcoin/cryptocurrency sportsbook? The competition on bitcoin sportsbook is not big and i think it's more worth than open a bitcoin casino or dice site.

I also think that there are too many online casinos that are focusing their business on the dice game, and the competition for customers between online casinos that focus on the dice game is strong, it is a good idea for casino owners to launch more online sports betting websites that accept crypto-currencies, one way to attract more customers to place bet on the site would be to give a slightly better odds among competitors.

[Symphonized]

I see so many interesting answers, but i keep saying (at some other topic with almost same question):
- You should ask to other successfull Cassinos as well

I doubt any would give any true secrets away, and anything they would tell you would be publicly available or already posted on threads like this.

You would be surprised from the informations i have then

If you know the admins very well you can get these sort of Informations.

[crwth]

I see so many interesting answers, but i keep saying (at some other topic with almost same question):
- You should ask to other successfull Cassinos as well

I doubt any would give any true secrets away, and anything they would tell you would be publicly available or already posted on threads like this.

You would be surprised from the informations i have then

If you know the admins very well you can get these sort of Informations.

Hmm. What kind of information do you have? I want to be surprised too. Lol

[el kaka22]

Any new online casino coming into this space right now must be willing to come up with something a whole lot unique than just what is being done normally which would probably attract gamblers. I really do not see most gamblers these days hopping around since they are already loyal to the site they are used to. It is a huge competition, and to be able to make it as an owner, you must be ready to think out of the box.

Thinking out of the box !
That is absolutely one way to go if you really want to make the best from this space right now.

It is not about just owning a bitcoin casino, it is about drawing the attention of gamblers to your platform and we all know attentions is hardly hard to draw and you must be ready to come up with something totally unique from what others have been doing, and be ready to do it right so no one will end up playing a fast one on you to beat you to it.

Loyalty is something that is hard to gain, and if you want to draw people out from where they are already comfortable, you have to do something out of the ordinary.

[rickadone]

I see so many interesting answers, but i keep saying (at some other topic with almost same question):
- You should ask to other successfull Cassinos as well

I doubt any would give any true secrets away, and anything they would tell you would be publicly available or already posted on threads like this.

You would be surprised from the informations i have then

If you know the admins very well you can get these sort of Informations.

Hmm. What kind of information do you have? I want to be surprised too. Lol

Surprised indeed! It is not a bad thing to seek for information though from successful casinos, but in reality a lot of them may not be willing to share their secrets unless probably you have a tie or link to any of them. Except he has that, I really do not see how he would have been able to accrue a lot of information. Now, for you willing to be surprised as well, that is if he is also willing to share.

Truly, unless you are very close to the admin of these casino sites, and even if you are, they certainly will not give you all the information as you will simply need to find some out on your own in the process.

[Aikidoka]

Guys, let's be positive and optimistic about what the OP said. He wants to start his own business. Although it is difficult, but he can do it. OP, you need to have lots of bitcoins to start the casino. I do not know if you want to wait for the price to pump or not. But with this current price, you will be at a total loss if you cash your bitcoin out. I recommend that you wait a bit longer for the price to grow, only then you can start your business. And by the way, do not start it all by yourself. You need a good trusted team with you.