Setting up a gambling business

[worldofcoins]

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.

Since you don't know to program then it's best to consider the option Lanatsa proposed by hiring front and back -end- programmers.

I'm sure if you talk to a freelance programmer on well-known sites like Upwork and freelancer then you would find some good way to build a gambling website.

[ScamViruS]

As easy as taking a team from online for the purpose of managing a gambling platform, but even harder to find someone trusted. Because you will find a lot of people who will want to work with you for their own benefit, but at the end of the day you will see that you can't go far with the project then it will create a very bad situation. Hire a good developer and hire a good advisor who can guide you in the right direction.

Because running a gambling website is not an easy task, you need to be aware of various issues including laws. And running a gambling website is costly enough, you must keep that in mind because you may not make a profit in the beginning.

[uneng]

The most accurate informations that may help you you will find by talking with someone who already has experience in the gambling industry. Here you will hear many different opinions and guesses based on the personal beliefs of each one, but not necessarily on their own personal experiences.

The only thing I can recommend is that you look for a trustful programmer expert who can at least assist you when dealing with another programmers who will work in your gambling site. Also, make sure to hire employees in a legit platform or just pay them after the service is done. This way you won't get scammed or end with a poorly made website full of bugs and security flaws.

Anyway, before spending money in this project, make sure there is enough demand and make sure you can stay competitive in this market.

[tippytoes]

The most accurate informations that may help you you will find by talking with someone who already has experience in the gambling industry. Here you will hear many different opinions and guesses based on the personal beliefs of each one, but not necessarily on their own personal experiences.

The only thing I can recommend is that you look for a trustful programmer expert who can at least assist you when dealing with another programmers who will work in your gambling site. Also, make sure to hire employees in a legit platform or just pay them after the service is done. This way you won't get scammed or end with a poorly made website full of bugs and security flaws.

Anyway, before spending money in this project, make sure there is enough demand and make sure you can stay competitive in this market.

This is very true. As we have a lot of casinos already, staying afloat is too difficult because of competition. You need to stay relevant so the interest of players will be sustained. Even if you have bankroll to sustain the first few months, still it is not enough to rely on the thought that you can easily get profit after few months or so. Do you think you have the capability to attract these gamblers and dedicate their time to your site, some things to consider as these factors will only be revealed once your site is up and running.

[coupable]

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.

I read many replies and many advices are good to help, not just random advices.
One single dev won't really help. Building a casino is a team work and no one can create it individually wihout calling for help [without to mention laws and juridictions in op locality or wherever he wants to lunch his project]. As also running a casino isn't an easy task that can be made by a single person.
Seeking for advices here doesn't mean that Op aims to fnd the easiest cheapper way because this is almost impossile either you hire a team from bitcointalk or from outside the forum. Building and running a gambling website should cost a fortune. Seeking for investors should be the first op goal .

[Smartvirus]

My focus is more on the capital, are you absolutely sure what you've got is enough?

I mean, the capital in this aspect doesn't end at hiring a programmer to set up the whole thing and hiring staffs to watch over the whole thing. The start of a business especially one that has the possibilty offline high returns over small investments or stakes in this case like gambling always poses some risk at the early phase. Supposing you've got less patronage which is likely the case with start ups and you happened to have a big win on your platform, far above what your profit your customers, its going to weigh heavily on you and your platform would be considered a scam.

So, you really have to be well prepared on the finance side, big wins happens and anytime.

[alegotardo]

[...]I mean, the capital in this aspect doesn't end at hiring a programmer to set up the whole thing and hiring staffs to watch over the whole thing. The start of a business especially one that has the possibilty offline high returns over small investments or stakes in this case like gambling always poses some risk at the early phase.[...]

I fully agree,
Mainly because in the beginning it's necessary to invest heavily in Marketing and Promotions.
This area, Gambling, is already quite saturated with several sites of all kinds, so giving visibility to the site itself with a lot of marketing and attracting users'
desire to visit them with really captivating promotions is something that costs dearly.

In fact, it's necessary to be very well prepared financially to face the first few months of loss.

[ReiMomo]

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 have the capital then there should be no problem here, you can start buying the things that you may needed on putting up an online gambling and I do also suggest to hire a good team with regards to this one, because its hard to do it alone.

I guess there's a problem even OP has a fund as capital to start the business, I am thinking about how the team should be trusted too that you can trust. This is very important because you will never know they are milking to your fund and right after they will disappear. It should be can be trusted or there should be a contract and as an owner, everything they do you must study, dont rely on your staff and the developers, they will I guess having a nad inetention.

[Fredomago]

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 have the capital then there should be no problem here, you can start buying the things that you may needed on putting up an online gambling and I do also suggest to hire a good team with regards to this one, because its hard to do it alone.

I guess there's a problem even OP has a fund as capital to start the business, I am thinking about how the team should be trusted too that you can trust. This is very important because you will never know they are milking to your fund and right after they will disappear. It should be can be trusted or there should be a contract and as an owner, everything they do you must study, dont rely on your staff and the developers, they will I guess having a nad inetention.

OP needs to at least learn the basic before hiring someone or teaming up with someone, even he have funds to finance this business it still difficult for him to entrust his money to anyone, unless he'll take some time to learned the basic coding just to have an idea on how the business will work.

Though everything is available online with the right amount of offers, he can hire coders and he can tie the business up with the online gaming developers.

But the fact remains, better not to start something that you don't any idea, invest with your knowledge and be prepared with all the risk that accompanying your target business.

[BuNga_cute]

~

You have the capital then there should be no problem here, you can start buying the things that you may needed on putting up an online gambling and I do also suggest to hire a good team with regards to this one, because its hard to do it alone.

I guess there's a problem even OP has a fund as capital to start the business, I am thinking about how the team should be trusted too that you can trust. This is very important because you will never know they are milking to your fund and right after they will disappear. It should be can be trusted or there should be a contract and as an owner, everything they do you must study, dont rely on your staff and the developers, they will I guess having a nad inetention.

OP needs to at least learn the basic before hiring someone or teaming up with someone, even he have funds to finance this business it still difficult for him to entrust his money to anyone, unless he'll take some time to learned the basic coding just to have an idea on how the business will work.

Though everything is available online with the right amount of offers, he can hire coders and he can tie the business up with the online gaming developers.

But the fact remains, better not to start something that you don't any idea, invest with your knowledge and be prepared with all the risk that accompanying your target business.

We can't just randomly attract other people into the team, because hiring other people is not easy. We must at least have basic knowledge about
the business we are going to build, Don't let us be fooled by our own employees. Having a lot of money does not guarantee that the business
we run is successful, sometimes in the process of starting a business, there are many obstacles that arise. I would suggest that the OP is
accompanied by a mentor who understands the gambling industry,  so the steps taken when building a gambling business are more focused.
Actually, as long as we have a strong desire and don't give up easily, whatever business we want to build can become a reality and be successful.

[Desmong]

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.

Setting up a gambling business would caused you huge amount of money causing you rare going to put so many things in place before evening thinking of launching your gambling company when it would online or just physical shop or Enterprise. Review is another important thing in gambling, many gamblers are scared of losing their money so they are not that interested in trying a new gambling platform especially when their is no review about the platform or ideas about those who had used the platform to place one or two bets.

[adzino]

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 to run the business", then hire people to do it for you. Make sure they are trusted and they know what they are doing. A small mistake can be pretty expensive. You have to hire a lot of people to run the business for you. If you are planning to do it alone, I don't think you will be able to do it after a while.
And are you sure you want to start a casino? Look at the market. You will have a lot of competition. To stand out from the crowd, you will have to offer something unique that no other casino is currently offering.

[Johnyz]

OP already have a good plan in mind, he just need a good team and a proper execution. This is not easy at all, hiring someone might also be an issue so better to hire someone you know that is really good on this kind of industry. This is not just about buying computers or what, it needs a lot more than this also you need more time. Start planning now, don’t waste your capital yet and ask for some help.

[timerland]

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 to run the business", then hire people to do it for you. Make sure they are trusted and they know what they are doing. A small mistake can be pretty expensive. You have to hire a lot of people to run the business for you. If you are planning to do it alone, I don't think you will be able to do it after a while.
And are you sure you want to start a casino? Look at the market. You will have a lot of competition. To stand out from the crowd, you will have to offer something unique that no other casino is currently offering.

I wouldn't recommend "hiring people to do it for you" just because you have sufficient capital.

It makes absolutely no sense in my opinion.

You're risking the security of the business as well as potentially hiring some real incompetent people when you can probably do a better job getting the business off the ground yourself as you are actually emotionally invested.

Partnerships in casinos are terribly dangerous.

[Rengga Jati]

Honestly, running a gambling platform is not easy. It is not only about creating the website or platform and then the effort is done.
No, the creation of the website is the beginning, only one of the steps.
What makes it difficult and you must do is finding the right person that understands many things about gambling, knows a very good marketing strategy and promotion, about the management, development strategy, and also others.
here, the most difficult thing is to gain a good reputation and trust from users, to attract people to use your new gambling site. Because you must be aware that you have many competitors in the gambling world.
that is why if you are serious to build a new gambling platform, better you find a good team that will really support you to create, develop, run, and also promote your paltform.

[Coin_trader]

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 to run the business", then hire people to do it for you. Make sure they are trusted and they know what they are doing. A small mistake can be pretty expensive. You have to hire a lot of people to run the business for you. If you are planning to do it alone, I don't think you will be able to do it after a while.
And are you sure you want to start a casino? Look at the market. You will have a lot of competition. To stand out from the crowd, you will have to offer something unique that no other casino is currently offering.

This is true. It will take some time to get ROI on this industry i=right now due to tough competition but base on OP statement, He seems aware and capable to shoulder all the initial expenses for while. He can start to operate a small casino and build it's reputation overtime before he full blast the develoment and promotion.  IIRC most of the trsuted casino right now like PD, Bitsler, FJ and Cloudbet start from below and they just improve slowly. I witness all there improvement through the years as a regular player before. Building reputation is the key to success on this business.

[hello_good_sir]

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 should probably acquire at least some knowledge when it comes to coding before you start with this venture.

That way, you can be at least somewhat sure that you're not getting scammed by the developers that you hire, they're not billing you for more than necessary, and worse yet, they're not installing any backdoors in order to extract funds from your business once it's up and running.

And seriously make sure that you are sufficiently capitalized and not short on funds BEFORE you start this venture.

[Bitinity]

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.

It is true, OP can start with any games but preferably with popular game like crash or dice. Business may start with something small, as long as the owner manage it well then it can improve a lot later. It applies in almost all type of business including gambling business. We have seen many succeed site started with single game but they are improving from time to time.

[hahay]

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 did not mention how long have you been playing and your job, if you do not know how to program Whitelabel is the answer if you have prior knowledge on how gambling operates, then you can set up your own branded gambling site, it depends on your level of interest your funds and your location so I advise you to do a feasibility study before venturing in operating a gambling site.

What is clear, to run a business can not be arbitrary because in addition to having to spend a lot of money, at least he must also be able to find and get exact colleagues. If he himself does not have the basic knowledge to build a business, then it requires him to hire someone else to be able to operate everything smoothly. The gambling business will be more difficult to develop because with the many controversies about gambling itself, then he must have a lot of knowledge and knowledge not only about building a business but about gambling itself which I think all of that must be learned.

[traderethereum]

There are two ways to do this hire reputable and capable coders or programmers and those who are experienced to run a casino and start your own branded casino or get a white label to run design and manage your casino you need a huge budget on the first one but it's worth, gamblers will see the uniqueness of the design compare to white labels that offered generic designs.

If I were him and had much money, I would hire reputable and capable coders and programmers to help me create a new gambling site.
I am sure they can have a new idea to explore gambling games and know what they should give to the gamblers.
Hiring the programmers to design can give a different than the other gambling site to give the gamblers a new experience.
After the site is almost finished, he can invite some beta tester to see if everything can work or need more improvisation.