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Author Topic: Looking to start an online casino  (Read 977 times)
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July 22, 2022, 10:28:37 PM
 #21

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

Don't start if you don't have marketing skills and you don't have money to start with, money and marketing skills are two of the most important thing if you want to start a project if you're really interested get to know the in and out of gambling casinos and how these big online casinos work and how they promote their casinos, it's hard to begin a venture where you have little knowledge and will just learn as you go along.

Starting from being a player play on many casinos to see their functionalities casinos are very much different from other sites you have to have the love of the game, not just money, and yes its better to start with knowledgeable partners than doing it alone.

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July 22, 2022, 10:33:21 PM
 #22

Recently one of the oldest casino ended its service.

wow i missed this, what casino are you talking about? and a casino from here on the forum?

By that time, casino quoted a selling price of 2BTC. I don't know did someone bought it or not.

selling for 2 bitcoin seems too high to me, because the client is just buying the script, I know there will be games, but I need to see that the client will have to have money for the bankroll, money to pay employees' salaries, money to promote the casino for many months, especially if it is an old casino, the new customer will be forced to contact the campaign manager (if he had any campaign in the past) in order to run a signature campaign that is of the same or a higher quality level (I am speaking of participant payout values) so that it attracts established casino customers. anyway it won't be easy

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July 22, 2022, 10:35:56 PM
 #23

If you have funds, you can always contact gambling game providers and bookmakers to integrate them into your planned casino.  You also need a person that is well experienced in financial management since money will be the oil to your engines of plans.  So basically you need a team of experts in every department such as marketing, R&D, finance, legal, etc, to at least increase your chance of success in the gambling industry.
^ Expecting that this needs a huge fund to sustain the project and you are definitely right, OP cannot do this alone, he needs a team for this but the problem is how he starts to have a team. It is better probably if he has a team that he knows personally, nowadays it is hard to trust someone on the internet, we always doubt strangers because this always happens and most of them are scammers. That is now the possible problem of the OP, how he will start to have a partners.

In my opinion, the OP should forget about this possible business venture.
From my impression, he is not ready to tackle this gambling business.
And he may just end up with launching a substandard online casino, which will only last short-time.
He will just waste his resources if he can't find a good financial backer that will go all in.
His background is only on coding, that's a small part only in this business.
Don't think of creating a crap casino that will deceive users. Better look for other business that you think you can do better.
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July 22, 2022, 10:41:30 PM
 #24

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

It's good that you have a goal or plan but it will get you nowhere if you don't have a clear plan and money, defer your plan and get to know everything that you need to know about running a casino, because it involves a huge amount of money and a great marketing skills marketing skills start with the casino itself, if you know little about casino your chances to suceed is zero so learn first before looking for partners to start your casino.

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July 22, 2022, 10:44:24 PM
 #25

That's also unpredictable how much fund because every little detail is also counts to make a new casino, whether it's marketing costs, staff, platform games, etc. Even to start a new dice site gambling requires a lot of funds, so that gamblers are interested to beating you site. Finding investors is also not easy, when you create a large scale project like a casino you must have very experienced people to be successful.

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July 22, 2022, 10:58:05 PM
 #26

OP, I am afraid you may be underestimating the work and investment necessary to open an online casino.
It is okey if you have experience with coding, but I am afraid these kinds of ventures need also people to take care of marteking, graphic design, security, book-keeping, perhaps even a lawyer etc.
That means you will likely need to hire and pay thousands of dollars only in competent personel to help you to start your business and of course, you must be aware that the competition is hard, you would be fighting against well-known and reputable casinos for the attention of the players/gamblers, you would be initially in disadvantage because you would be new and you need to build your reputation.

So please before starting this kind of project, do some math and research and calculate a budget for your casino during the first 6 months or first year, which would be likely the toughest ones.

You could also try and find a job in one of the existing casinos as programmer, so you can gather some experience and contacts within this world. Good luck!


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July 22, 2022, 11:01:48 PM
 #27

I do not see any clear goal on your part in establishing a casino.

You lack experience in casino business. I suggest you get some from existing online casinos by working under them  as a developer or coder since you already got that skill. Then you can observe from within how a casino is run and managed, their selling points and the costs.

Next is established what can set you apart from other online casinos. If unique enough, that will get you your user base.

Having knowledge in coding and crypto is not enough to survive in casino business. That is common and you can just hire people to do that for you. What you need to have is good management and business skills and a clear goal.

Good luck with your endeavours.
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July 22, 2022, 11:09:28 PM
 #28

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

That was a tough and difficult task as you don't know anything. At least if that's your plan, you have already done your homework for a long, not by asking here, but by engaging in real-life persons that involve in such activity. I also doubt that you will find a partner here since what will be your contribution as you don't know anything.

Not discouraging you but it's better to talk that around your circle so that you will not find a random partner here that might take advantage of you.

Building and running a casino should not just because you are interested in it. As I mentioned above, try to find some people around your circle first.
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July 22, 2022, 11:52:13 PM
 #29

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

I don't want to give another bad approach even though we are just saying real facts here. It's hard to deal with a business with something you really didn't know.

I also doubt casino operators here will reply to give you the specific information you are asking for.

For a start maybe you can make a thread here: Project Development

You might encounter lurkers that want your idea. Just be careful though.

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July 22, 2022, 11:56:34 PM
 #30

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

I will recommend setting up your own team who are familiar with marketing, graphic and UI design, administrators, and a lawyer. These are essential as the background and design of the casino must be inviting to the point where it catches the attention of potential gamblers. I also recommend creating a designated "mascot" which represents the whole theme of your gambling website.

I mentioned that you needed a lawyer in order to familiarize yourself with the current laws of your country. This is practically needed in order to secure licenses, permits, taxes, and to know if creating an online gambling casino is prohibited on your given state/country.

R


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July 23, 2022, 12:46:20 AM
 #31

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!

This is a niche that is already quite saturated, but it is also expanding.
There are a number of factors to consider... from legal issues to website platforms.

As much as you know about programming and cryptography, I recommend the purchase or development of a robust web interface and integration with already reputable platforms, this will save you time and at the same time you will be able to put a very vast portfolio of games on your website.

Another important aspect... you need to have a lot of money at the beginning, both to pay the slots platforms and also to offer bonuses to players in order to attract their attention until your site manages to get a steady and organic flow of players.

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July 23, 2022, 04:09:46 AM
 #32

You need to get more experience.

Not really.

Most online casinos weren't made by one person. He needs a team, at the very least a partner and they need to hire a team.
For instance, he has some coding background, so let's assume he learns a bit and covers backend dev. He needs a front end guy, possibly another back end with experience in crypto wallets, unless they want to handle all deposits/withdrawals manually, in such case he needs someone trusted to manage the wallet. He'll need someone to handle all the advertising and promoting, someone to take care of support... That's not a one man job.

Then we should talk funds.
How much do you have at hand? If that's less than $100k it's going to be hard. You'll have to cut cost somewhere and limit bets to some small numbers like $10 so they won't break your bank, but by doing that your business will scream "i'm low on money" and it will deter players.

For the Devs, I am full-stack dev, and I have experience with crypto wallets as well.
It is just that, I am a perfectionist and I like to learn everything before I jump in.
For the funding, honestly I am under 100K in budget, i wanted to start a small casino at first, just to gain experience and see where it goes from there.
Yet, i prepare hope for the best.
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July 23, 2022, 04:15:31 AM
 #33

Thanks for the replies guys, i will look more into this, and hopefully i will try to start a very small casino! will keep you posted of course.
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July 23, 2022, 04:30:14 AM
 #34

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!
All you need is a Team , you cannot handle this alone because there are several casino sites here that runs long now that still trying to cope single or 2 person involving in which resulting to lack of response and support to the issues and problems.

maybe best to at least post in service section that you are looking for a team and experts to help you run a site .

but looking forward to your plans because you seems to be seriously wanting to have a gambling business in crypto space.









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July 23, 2022, 04:54:58 AM
 #35

It doesn't look very good what the OP is proposing, after all the answers, mainly about having a good bankroll and having a team to work with, not trying to do it on his own, he seems hell bent on doing it his own way:

Thanks for the replies guys, i will look more into this, and hopefully i will try to start a very small casino! will keep you posted of course.

Good luck with your project, but I would take things slower to learn more about the industry, surround myself with a team, and maybe look for an investor or funding in some way to back up the bankroll.

Yeah, keep us updated, although something tells me that if your project is a disaster you won't be coming around here much to update.

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July 23, 2022, 04:58:32 AM
 #36

If done right, setting up an online casino can be very profitable as many people start an online casino business and then get discouraged because they don't know where to start.
and all you need to have is marketing experience, affiliate experience, live casino experience and most importantly, sufficient knowledge and capital to do so.
it's good to learn everything well so you don't make a wrong move and a strategy that will make you lose and regret, it looks easy but it's not as easy as you think because there will be many obstacles that you will face even unexpectedly.

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July 23, 2022, 05:14:20 AM
 #37

Hey guys!

So I am interested in starting an online bitcoin casino, yet i have no idea how to start from.
I have a background in coding, and I know the in and outs of integrating crypto, yet i have zero game development skills, and i have no idea how much it will cost, and will it even get users.
Any help would be well appreciated! and looking for partners if anyone wants to start that.

Thank you!
All you need is a Team , you cannot handle this alone because there are several casino sites here that runs long now that still trying to cope single or 2 person involving in which resulting to lack of response and support to the issues and problems.

maybe best to at least post in service section that you are looking for a team and experts to help you run a site .

but looking forward to your plans because you seems to be seriously wanting to have a gambling business in crypto space.

Basically he can do it alone in his starting stage as long as he knows everything about how online casino works. I think there were some casinos that started by single person and the owner handle it alone. A team is better obviously but it is hard to find trusted people to be in a team especially it is related to money. Looking at how he describes himself, yes he needs a team but he needs a decent amount of money as well to start a casino. To have a decent casino, it requires a lot of money to start in order to be competitive with the other existing casinos.

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July 23, 2022, 05:17:02 AM
 #38

Thanks for the replies guys, i will look more into this, and hopefully i will try to start a very small casino! will keep you posted of course.
At least you are truthful in your plans mate , not pretending to be a Big company but once the withdrawal comes? then problem will occur and scam will take place.

best to start a small casino because at least gamblers knew what they are entering and what to expect , not to seek too much .
Hope that your site will be one the most established in the future , and willing to try and take part in your plans.

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July 23, 2022, 02:05:31 PM
 #39

Thanks for the replies guys, i will look more into this, and hopefully i will try to start a very small casino! will keep you posted of course.
At least you are truthful in your plans mate , not pretending to be a Big company but once the withdrawal comes? then problem will occur and scam will take place.

best to start a small casino because at least gamblers knew what they are entering and what to expect , not to seek too much .
Hope that your site will be one the most established in the future , and willing to try and take part in your plans.
Everyone has a dream to have their own gambling place but when they want to build it, they must have very skilled programmers and of course they must have very strong capital because so far many have tried to make gambling places and ended up running aground because they did not have a foundation. and strong support because finance and programming skills are needed to build a gambling place that is attractive and liked by many people.

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July 23, 2022, 03:11:08 PM
 #40

Thanks for the replies guys, i will look more into this, and hopefully i will try to start a very small casino! will keep you posted of course.
At least you are truthful in your plans mate , not pretending to be a Big company but once the withdrawal comes? then problem will occur and scam will take place.

best to start a small casino because at least gamblers knew what they are entering and what to expect , not to seek too much .
Hope that your site will be one the most established in the future , and willing to try and take part in your plans.

Plans like this will succeed if a person has the eagerness to reach the requirements needed to establish a good casino site. You could start up with a small casino site but you really have to be equipped with knowledge on how to build one and enough information on how to operate it. You also need to be financially ready. You honestly can't do it alone and you need professional manpower. You can get ideas from reputable sites.
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