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Author Topic: Setting up a gambling business  (Read 679 times)
Prestongold (OP)
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September 07, 2021, 05:35:45 PM
 #1

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
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September 07, 2021, 05:44:00 PM
 #2

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
You would need to hire some front-end and back-end programmers for this one but of course you should need at least know if they've created something that hasn't any leaks or exploits left behind.

Yes, you do have the capital but you cant ensure the total security and this is one of the cons if you do built up a business specially online then you should at least having those basic knowledge.

Next, is to find out on what are the games which are on demand nowadays and make out some good marketing step and of course hooking up players via promotions and bonuses.

R


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September 07, 2021, 06:05:37 PM
 #3

Hiring some programmers I think is pretty good if you want to really dive in there but it will work better when you are there, although not at least you have to understand the basics in it because this is very supportive for your site make, that way you can analyze and can minimize data leakage, besides that you can also find out how your team works whether it's good or not.
but even if it does feel easy, it will be very difficult to do because making a site is not an easy matter and of course requires time and sufficient capital.
this is not without reason because to make your site you need a domain which is indeed the first step, besides that Hosting & Website Building is also quite important because it is like the home of your website, make sure you choose a really quality hosting so that later many are interested .

other than that, if you are really serious, you must also start looking for information about games and what rounds you like now so that later you can become competitive with other sites.

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September 07, 2021, 06:27:12 PM
 #4

You need a team, you need capital and you need a lot of time. If you're serious, you can create a team recruiting thread (and that's a lot to prepare for). Not only capital, if you don't start learning first from your gambling journey.

So instead of talking about things you don't believe about yourself, then try to get to know gambling a little bit longer. Visit each gambling, do your research, what are the advantages and disadvantages of each gambling you visit, record them all as a benchmark for your goals.

Remember Rome didn't exist overnight, so you have to learn a lot about gambling, for which the famous gambling games are already available on this forum.

.
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September 07, 2021, 07:14:48 PM
 #5

You need to take your time to research and build knowledge about how to operate a gambling site and also build a team that comprises high-tech programmers that will build the gambling program for your site. Having capital is not the most important thing to operate a gambling site. You need a lot more than that, ops.

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September 07, 2021, 08:07:34 PM
 #6

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

There is a lot of competition in this field and maybe this is not the right place to be asking such a question - few owners will be interested in helping and that just leaves regular users who are as clueless as you. The best thing to start searching for is white label solutions - the best way to start off is going to be a pre-built solution from a reputable established company. That way you can get a feel for what works and whether running such a site is suitable for you. Yes you might not get access to the front or backend, but there are so many security issues that you'd have to be aware of that it's better an expert handles it. If you start hiring developers and cannot understand the code yourself, beware that it might have all sorts of vulnerabilities or backdoors that could leave you penniless later on.

R


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September 07, 2021, 08:12:32 PM
 #7

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
When capital investment isn't an issue then developing your own gambling site is few steps away. Because there are people around to help with the licensing, developing and marketing. Even there are scripts kept ready for usage, you can also buy and give a try. Everyone have a thought about making a gambling website and make good money out of. Prior to starting it as a business, learn how many have lost through the same business.

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September 07, 2021, 08:13:44 PM
 #8

It will not be an easy task to establish a reputable site as it will require lots of effort and computer programming knowledge, gambling business environment has been a competitive one lately and you will have to hire the best set of computer programmers to help build a suitable gambling platform.
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September 07, 2021, 08:20:05 PM
 #9

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
I don't have finances and don't have experience in football management but still want to own as amazing clubs as FC Barcelona, Real Madrid, PSG, etc.

Okay, well. First of all, have realistic dreams. To fund a casino, you don't need to know coding but you need to have capital and good connections for that. As you mentioned, you have capital. Then, you could hire HRs, developers, lawyers, register business in offshores, etc.

If you want to get all in one business, then seems the shady company (1xbet, 1xbit) offers betb2b platform where you get the whole ready things.

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blockman
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September 07, 2021, 09:29:03 PM
 #10

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.
Go to the Gambling(https://bitcointalk.org/index.php?board=56.0) and then browse there, look for those specific threads that are offering a service of building your own casino. They're going to do everything that you need but after that, it's all on you on how you'll maintain and market it.
There should be another budget for the marketing because it isn't easy to give attraction to your casino especially if it's just newly launched.

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September 07, 2021, 09:38:29 PM
 #11

It will not be an easy task to establish a reputable site as it will require lots of effort and computer programming knowledge, gambling business environment has been a competitive one lately and you will have to hire the best set of computer programmers to help build a suitable gambling platform.

yes, definitely will need a programmer and a designer
you can search on these freelance websites maybe? like fiverr or upwork
better to hire someoe that has a track record and worked with other clients before if you're looking to do something professional.

good luck!

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DoublerHunter
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September 07, 2021, 10:00:01 PM
 #12

It will not be an easy task to establish a reputable site as it will require lots of effort and computer programming knowledge, gambling business environment has been a competitive one lately and you will have to hire the best set of computer programmers to help build a suitable gambling platform.

yes, definitely will need a programmer and a designer
you can search on these freelance websites maybe? like fiverr or upwork
better to hire someoe that has a track record and worked with other clients before if you're looking to do something professional.

good luck!
^ Must be a professional programmer and designer that won't ever let you down.
It is really hard to find someone at this moment, that is truly working hard for you and never scams you in the end. I suggest finding near you first before looking at random people on the internet, it is better if you will interact with the programmer physically than the virtual one. We never know you are dealing with the scammer all your money will be gone as your capital. So be careful too.
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September 07, 2021, 10:07:14 PM
 #13

Whatever you do, please don't set up another crash site.

There are simply too many of them around right now that have had no innovation whatsoever.

Blindly copying/pasting code from a template is not going to attract you a lot of players at all. You need to truly differentiate yourself from the rest of the crowd and have a well funded operation in order to survive.

Smiley
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September 07, 2021, 10:19:45 PM
 #14

Whatever you do, please don't set up another crash site.

There are simply too many of them around right now that have had no innovation whatsoever.

Blindly copying/pasting code from a template is not going to attract you a lot of players at all. You need to truly differentiate yourself from the rest of the crowd and have a well funded operation in order to survive.

this is actually important, do you really have the bankroll needed to survive in this business, even before you start earning to survive? how long can you wait to get your first few hundred bucks of profit? setting up is definitely easy. but maintaining the site and not be discouraged by what it may turned out is another thing. you can't expect that your game will be a hit at first run. also, it is better to check the gambling board and see for yourself bout the site threads, and you will get a very comprehensive insights on how they run their business.

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September 07, 2021, 10:42:58 PM
 #15

You don't need to have a pre-knowledge about coding to embark on owning a gambling outlet or gambling bsite. You can hire a back-end programmer but for it would still be nice as time goes on you get the knowledge as well so you can fit in properly into the business and give your site the very taste you desire
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September 07, 2021, 10:53:11 PM
 #16

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

Definitely make sure that you are well capitalized first before you move ahead with your plans.

Also ensure that you are hiring the right people. There have been plenty of instances of failed dice sites/casinos due to internal security flaws.

Keep the games simple. Don't try to do too much at the start because there is simply no reason to. Focus on one game or two.

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September 07, 2021, 11:00:03 PM
 #17

Gambling is a competitive market. Over the last 10 years, some crypto gambling ventures have thrived. While others have gone bankrupt.

There were crypto based sports gambling sites I used around 5 years ago that went bankrupt and sent out emails informing account holders they had 24 hours to withdraw funds or they would be lost forever. There were others I've seen who resorted to desperation measures to stay afloat. Offering a share of their profits in exchange for funding liquidity, in an attempt to stave off a negative balance sheet.

While a lot of money can definitely be made. Its common for money to be lost as well. The gambling industry is somewhat resembling the silicon valley dot com bubble. With many looking to get in, expecting to make easy money by simply throwing more money down the rabbit hole.

Hope everyone succeeds. Hope everyone takes whatever steps they need to succeed. But there have been many who have not, which could mean the barrier to market entry could be high.
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September 08, 2021, 01:26:39 AM
 #18

Well good luck with that, there's a bunch of other gambling casinos out there that have been operating much longer so the competition you'd get would probably be a lot. First few steps should be quite obvious, get a license to operate a gambling business, get some programmers and probably some other staff as well that would handle the day-to-day operations of the casino, then next would be understanding the name of your casino to other players, like for example, here. It'd probably be difficult for the casino to make profits if you don't have anything new to it or if you can't get it's name far, so do be careful with that.

R


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September 08, 2021, 01:38:12 AM
 #19

Am beginning to pick interest in gambling but I don't have any computer code knowledge but will love to operate a gambling site and will like to get some advice from the members of this forum, I have the capital to run the business until it starts making profits.

As others have said, you need to hire programmers to do the code for you. I can't recommend you anyone, but you need to be very careful in choosing the individual or companies that you are going to hire. Not saying that they will scam you, but there are chances that they might inject some backdoor into the code. So hire someone with reputation or the experience to developed your gambling business, so best of luck!!!

R


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September 08, 2021, 01:41:44 AM
 #20

Whatever you do, please don't set up another crash site.

There are simply too many of them around right now that have had no innovation whatsoever.

Blindly copying/pasting code from a template is not going to attract you a lot of players at all. You need to truly differentiate yourself from the rest of the crowd and have a well funded operation in order to survive.
Why not ? I honestly think it's not that bad to start another crash site even though there's a lot of them you can still stand out just like some of the dice sites we have now. Like you've said it all comes down on how OP could make his game more unique and stand out against the rest of the competition. For example rocketpot used to have a unique crash game where they have three jackpots. After that he could start adding more games or other features depending on what their player wants.

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