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Author Topic: Setting up a gambling business  (Read 679 times)
Kong Hey Pakboy
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September 08, 2021, 02:23:17 AM
 #21

You need to learn how to manage given what you've just put in your thread, I assume that you don't have the adequate knowledge to operate a gambling site, not to mention that you're going to be needing a lot of money to be able to operate in a stable fashion because it's gosh darn expensive to maintain a gambling site including the taxes.

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September 08, 2021, 02:42:48 AM
 #22

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.

It's not enough just because you have a large capital and also like to play gambling, you can build a gambling site successfully. You need a lot of
people who have to help you, especially most importantly you need a programmer who is experienced in the gambling industry. Then you need
someone who knows the law, to help your gambling platform get a license. No less important is a solid marketing team, which can make many
gamblers able to play on your gambling platform. All of these things require a large sacrifice of time and money, then maybe you can start making
profits after a few months. So think again if you are ready with all that.

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September 08, 2021, 02:52:58 AM
 #23

If you have the money, you have what it takes to start the ball rolling. I guess the first step is to have an idea as to what you want to build and create because this is what you need to relay to your people or team as soon as you have already gathered them. Of course, when you have it already then you will list down the talents and skills you need to have. You will be hiring people based on this list.

But first I think you need to expose yourself well to the business for some time before completely jumping into it.
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September 08, 2021, 02:55:42 AM
 #24

You must learn first what are the types of gambling that you wanted to pursue because there are so many gambling available and you cannot just
ask for operation when you have no full knowledge about what kind of business you wanted to operates.

then Hire team like what the above posts given,there are many available here and best to look for correct person here


https://bitcointalk.org/index.php?board=52.0

since you have a funds so i cannot see anything that will hinders you .

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September 08, 2021, 03:50:24 AM
 #25

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 already need the capital, so I guess you have the basic requirement to start a business.

However, without enough knowledge, you cannot run a business successfully, you need a team to run the business, which means you have to hire experts in this kind of field, and not only that, aside from the operation, you also need some advisers to ensure that you will not be scammed.

I guess you have to start educating yourself first, it should start with the law in the gambling industry so you'll be safe against the regulators, and then the strategy on how to compete in this big market.

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dustboy
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September 08, 2021, 03:55:51 AM
 #26

The most simple and the fastest way to start your own casino is by purchasing a ready to go gambling software but you need to do a lot of researches to find the most reputable/reliable software provider. But if you want to have a unique casino, you have to hire developer/programmers. It may take longer time for you to get the casino ready and may cost you more money. My suggestion, go find a person that you can trust who have great knowledge about and experienced in online casino.
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September 08, 2021, 04:12:37 AM
 #27

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.
Do you need any other advice, if you want to start a gambling business and make a profit.

I've seen a similar thing wanting to run their gambling business here asking for some advice they're doing it.
Try to read the two history threads below, these two threads will show you a better idea in doing the gambling business.

1. Topic: [GUIDE] Online Gambling Affiliate - Make Money Promoting Online Gambling
2. Topic: How to Start a Bitcoin Casino/Sports Gambling Business

And this one is additional advice that has been in the language and has some ideas to take.

3. Topic: Where to open an online Bitcoin Casino

Good luck and success in running your gambling business in the future.

R


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September 08, 2021, 04:28:34 AM
 #28

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.
if you have the capital, better to hire someone who've experience in the field. sure members here could give you advice on what to do but in the end someone who has experience would give you a more informative and detailed ideas on the field. also, if you plan to hire a programmer, better learn how to program too. there are programmers who will make a loophole in order to abuse your website.

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September 08, 2021, 04:45:04 AM
 #29

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.

My advice is that you should not be using other templates to start your casino.

Whilst tempting, you are going to get a completely mediocre site design that is not going to last long, attract players, or produce yourself a profit.

Also, just be transparent when you first start out. Sign a message where you can show that you have sufficient bitcoin reserves to pay out any wins.

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September 08, 2021, 05:18:28 AM
 #30

You need developer rather than programmer since the developer have a bigger scope of work rather than programmer, programming is just one of the things they can do. In setting up a gambling site of course you need a good developer that will develop the frontend  and back end of website, you should also consider hiring advertising team but if you are tight with your budget I think you can do it by yourself but you may need to work a little bit and lastly you need to have a gambling license of course it's required if you are going to run a legitimate gambling business.

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September 08, 2021, 05:19:27 AM
 #31

You need to create a trusted and skilled team for you to create a good gambling site because, to be honest, it will be hard for you to make it alone. You'll be needing a professional programmer's help. You also need to learn from the strategies of top and trusted gambling sites so you'll have an idea of how to operate them. Capital isn't enough but you also need knowledge and techniques to make it work in the future.
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September 08, 2021, 05:41:49 AM
 #32

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.

Creating an online casino that will look exactly the same as 100 other online casinos won't do the work.
You will have to find a way to stand out of the crowd and be creative and original.
It's not about webdesign and how the website will look.I'm talking about website functionality,having interesting games and being honest to your customers.
You would need a big marketing/advertising budget and some bonuses going on,so you could gather more customers in the beginning.Security is also a big issue.
Crypto gambling is not like offline gambling,the casino isn't guaranteed to make profits,mostly because the competition is furious.

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September 08, 2021, 05:52:06 AM
 #33

I'm sure that you can't run it alone, you need a team for that. It seems that you have a budget for this I think you should hire a great team member to create your website, promote your website, run advertisements and other legal things but your number top priority is having a good bankroll. I see some users here that creates a gambling site with not enough bankroll and the player won and he didn't managed to pay him that would really affect your reputation.

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September 08, 2021, 05:55:08 AM
 #34

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 already have the big advantage to setting up your gambling business mate but I bet it would be hard for you to make it all possible by yourself since you've mentioned that you don't have any knowledge about computer code so better to used a portion of your capital for a front-end and back-end programmer. Also create a team that will help you a lot to make your dream gambling business work and effective. Also, know what kind of gambling business you really up to before setting up all these in action.
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September 08, 2021, 05:56:38 AM
 #35

If someone comes to this forum just to ask how to set up a gambling business it's trolling! Especially when it starts with "I don't have any knowledge, but I have money"...
At least I think it's trolling, in the best case, in any other case OP is a clear moron who calls scammers to spam him, what will happen when they see "I have my and I am stupid", they will offer him to do all the job for him (any job) all he needs to do is to send them coins!

This is not the first thread of this kind, and I am sure it's not the last one! I see some nice comments, people who made an effort to give some good pointers where someone can look for information about how to start your own business, but I guess it's all in vain! Like it was before many times!

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September 08, 2021, 06:02:16 AM
 #36

Just not sure you have something to start with, because to start something big will certainly have very careful planning and it's not enough to just randomly ask for advice. I personally do not have a view on this because I am aware, I do not have a large capital like you and also, limited knowledge at least that makes me only able to enjoy gambling. There are so many steps that you have to go through as a businessman and it's not only about coding, because apart from that there are also many terms and rules that you have to submit to the government or related institutions to start the gambling business that you dream of.

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September 08, 2021, 06:16:34 AM
 #37

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.
It depends on the budget, if you noticed before that some gambling site UI almost look similar with just little differences, it is because they are using an already existing code to build such site, the programmers will just only need to make little changes to the code and make the site run smoothly, but this type are for those that just want to start a gambling site with certain amount of low budget (the budget is still huge), the code is built from scratch, the cost will be higher and very more costlier that building it on already existing code.

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September 08, 2021, 07:34:27 AM
 #38

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.

Thank you for trusting the community by asking about your interest, you need to hire good coders not just coders but coders who you can trust, a coder that you can meet in person is a good option so you can talk about the details of the design and the features, it's the most important part of building a gambling site.

The license will come after you launch your gambling site, but getting people you trust that will help you run your gambling site is the first thing that you need to do, you need good and capable people because this is your first time running a gambling site, if you can talk to an administrator of gambling site it will help you to gain insight.


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September 08, 2021, 08:57:13 AM
 #39

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.
Aside from the money that you obviously need, there are some things that you need in order for you to create a successful gambling site.

1. Manpower - Programmers and when I mean programmers, expert ones. Spending more money for them would be better if they can secure and maintain your site.
2. Knowledge - of course you will not make a gambling site without knowing it right? Money isn't enough because there might be a scenario where your own people will go against you and will ask for more money or the like.
3. Passion - well, you need to love what you are doing in order for you to be a successful gambling site owner Smiley. Maybe not that important for others but I believe that when you are loving what you are dong, you will become successful Smiley.

Good luck in your gambling site creation Smiley.

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September 08, 2021, 09:14:34 AM
 #40

I will advise you to meet some team that is already in the gambling business and have a successful operating gambling site to seek advice on how to go about it rather than relying on some random advice. As I earlier suggest, get a good programmer that will work on the coding for your site personally.
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