Do these gambling sites make good money?

[Cacingkemi]

The answer is of course the host has many chances of winning so the gambling site is a place where they make good money continuously,but there are also those who are taken out by the players as examples of gambling sites that don't pay for the player are characteristic of the host's lose.The longer the image with a bad name and the more people don't want to play there.

[akosipepot]

I think its fair to assume that as long as you still see any of these website online means that there's probably a good chance they're making some money at least, otherwise they can't stay open for business

[Caladonian]

I think its fair to assume that as long as you still see any of these website online means that there's probably a good chance they're making some money at least, otherwise they can't stay open for business

As long as they are existing and not scamming their players, and keep building their reputations then we can say that the business are in good position, the outcome of their bankroll is multiplying allowing them to keep the business up, most of those reputable gambling site are really gaining from their business and also the reason why there's also lots of new servers/gambling house who wants to established their business as well.

[onrise]

I think its fair to assume that as long as you still see any of these website online means that there's probably a good chance they're making some money at least, otherwise they can't stay open for business

Yes they would be making money for sure due to which they are still existing else they would have wind up and nobody would or want to pay money from their pocket for very long. So this is probably assumes and also we need to consider how many new such sites are opening which will help us know if it is profitable or not.

[Barbut]

I think its fair to assume that as long as you still see any of these website online means that there's probably a good chance they're making some money at least, otherwise they can't stay open for business

Yes they would be making money for sure due to which they are still existing else they would have wind up and nobody would or want to pay money from their pocket for very long. So this is probably assumes and also we need to consider how many new such sites are opening which will help us know if it is profitable or not.

Isn`t that a general rule for all businesses, why would they exist if they don`t make money? Like many other businesses, casinos need more users, just with more users they can earn enough to pay for high security, for new games, a lot of promotions, without users every business will collapse eventually. We don`t need to assume nothing, some casinos share that informations for public, you can check how many users they have, how much profit they make, for example I have some bitdice tokens, every quarter they share informations about last quarter and they pay out dividends depending on that profit to all token holders.

[bryant.coleman]

And is it worth trying to recreate one? I would imagine it's already too saturated. Either way, I was mostly curious about how much these guys actually make (margin-wise). If anyone had some insight on this, I'd love to hear.

I heard that sites such as Prime Dice makes well over 1,000 BTC (7 million USD) a month. But they struggled a lot during the initial days and spent a fortune on promotional campaigns and bounties before rising to the top.

[Janation]

I think its fair to assume that as long as you still see any of these website online means that there's probably a good chance they're making some money at least, otherwise they can't stay open for business

That is right. The proof that there are still a lot of these gambling sites are being seen and being popular means that they are earning a lot or making good money on these sites or online casinos.

Also, another proof is that there are still a lot of people or investors that still wants to have or make their own online casinos. That is a proof that there are a lot of profit to these site though even there are a lot that earn, some are not that popular because of it's services or some of it's features.

[jakezyrus]

gambling is gambling no matter what sites , strategy , cryptos , etc that you are using your chances of winning is still verry slim .
 if you are looking a way to make a good money youd better try other profitable activities like working outside or start searching for a stable job that does not fully dependent on risk like what we already have on crypto  or on playing a gambling .

anyways , there are still people who can manage to earn some cold cash in  a gambling site but they did also loose a couple of times , so it doesnt makes sense at all to play gambling if you are only aiming for profits .

[Thanasis]

The online gambling is also a business like other field so not all the people can make money here,only the best will get more profits and the worst site can go into bankrupt too so the success and profits range will be based on how much they effort giving in this field.

[nl247]

And is it worth trying to recreate one? I would imagine it's already too saturated. Either way, I was mostly curious about how much these guys actually make (margin-wise). If anyone had some insight on this, I'd love to hear.

I heard that sites such as Prime Dice makes well over 1,000 BTC (7 million USD) a month. But they struggled a lot during the initial days and spent a fortune on promotional campaigns and bounties before rising to the top.

It is normal to struggle a lot in the start when there is a heavy competition and you need to do a lot to be able to gain some good recognition  and not just end up down the drain. It is a tough one from start it usually worth it at the end for those who are able to bring something different to the table most times.

It is a very profitable venture with the way gamblers increase each day, more addicts are born and even while losing so much, it is hard for those in the level of addiction to control themselves.

[CryptoGamblingSites]

And is it worth trying to recreate one? I would imagine it's already too saturated. Either way, I was mostly curious about how much these guys actually make (margin-wise). If anyone had some insight on this, I'd love to hear.

I heard that sites such as Prime Dice makes well over 1,000 BTC (7 million USD) a month. But they struggled a lot during the initial days and spent a fortune on promotional campaigns and bounties before rising to the top.

http://www.starsgroup.com/press-center/the-stars-group-news/the-stars-group-reports-fourth-quarter-and-full-year-2017-results-provides-2018-full-year-guidance

PokerStars did $1.3 Billion revenue in 2017 with $458M Adjusted Net Earnings.

So competitors have to take part of their market share by building something better and investing in the future product offered to players. There are hundreds of casino and sports betting sites that are out there also earning and spending similar amounts of real money.