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Author Topic: Looking to start an online casino  (Read 1041 times)
coinerer
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July 23, 2022, 03:17:06 PM
 #41

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.
Without knowing about bitcoin it is difficult to starting bitcoin casino. if you haven’t knowledge about development or about marketing then it is not a big problem. In this case you can hire a dev and marketing manager. But if you Don't know about cryptocurrency and how to work bitcoin casino then how can you control your site?

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July 23, 2022, 03:21:51 PM
 #42

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!

You don't have to create the game yourself. There are tons of game providers in there that you can use to run your casino. All you have to take care of is the security of your platform and its design to make it look pleasing to the eye. You already know how to integrate cryptocurrencies in your platform so I guess you would just need to beef up your platform in terms of functionality. Once that's done, all that's left is for your advertisement game to do its charm and get new players interested in your casino.

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July 23, 2022, 03:51:50 PM
 #43

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!
The big question is how's your betting experience, have you played long enough to know, or are you familiar with how a casino works, so much depend on this so you have an insight on casino operations based on your perspective as a player if you're going to run a casino because you want the money side of it or its challenging for you, better think twice you will find yourself in big trouble and money wasted, dig deep and have the passion.

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July 23, 2022, 05:31:10 PM
 #44

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 think that you should act in this way:

- Prepare a business plan that is really important considering what do you want to do.

- Buy a gambling license from Curaçao, this will help you, this is first step to have some credibility.

- Buy slot game, and also a sportsbook.

- Hire frontend developer, support, and community manager, and start.

It seems to be easy, but be sure that is really hard to do !

 
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July 23, 2022, 05:49:01 PM
 #45

Making a casino from scratch is possible, Finding decent partners and talented developers is one key  to create one but your idea of what kind of crypto casino is the most important one. As we know, Crypto casinos is a very competitive space. You mostly need new or innovative concept to make your casino a spotlight.

I've seen many casino that has a good gambling sites that didn't thrive. Casino's are fighting on their marketing to gather gamblers by doing signature campaign, promotions, social media tractions, partnerships and other type of marketing just to make them know by the gamblers. All of these requires a deep pocket since you will spend money to survive and gain traction in your casino.  Remember that even those established casino are still doing marketing because it's how the crypto casino survives.

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July 23, 2022, 06:46:07 PM
 #46

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!

Starting a casino is not easy, but it is also not tough, but it is quite complicated when you do not have the resources to get started. When you want to build your own casino, you need cash to pay your employees, you don't start a casino with a little budget, as what happened to Bitlucy. They started successfully, but owing to a shortage of cash, they had to close down, and some forum members reputation was harmed because some players were unable to withdraw their winnings.
Also, don't forget to have skilled developers that can handle the backend extremely well, you don't want players complaining about missing funds, missing bonuses, or anything else that will make them uncomfortable.

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July 23, 2022, 07:54:45 PM
 #47

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!

Starting a casino is not easy, but it is also not tough, but it is quite complicated when you do not have the resources to get started. When you want to build your own casino, you need cash to pay your employees, you don't start a casino with a little budget, as what happened to Bitlucy. They started successfully, but owing to a shortage of cash, they had to close down, and some forum members reputation was harmed because some players were unable to withdraw their winnings.
Also, don't forget to have skilled developers that can handle the backend extremely well, you don't want players complaining about missing funds, missing bonuses, or anything else that will make them uncomfortable.
Money is all you do need because you could really able to move and find appropriate team members or hiring professionals for such job but of course you should really still make yourself aware on how this business works.

You cant just shell out some money without knowing everything but since op does have some knowledge about coding then its also a good skill to have at least but in most cases where funds or budget would be relevant

and the next one is to find out and make proper planning on what gambling site you are tending to built on.Also, dont anticipate that it would really be ending up on being  successful because considering the current
competition on crypto gambling industry then it would be surely tough and if you wont really be offering something good or interesting then dont expect that people would really be hanging into your new built site.
So success wont really be an assurance.

R


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July 23, 2022, 09:23:53 PM
 #48

Money is all you do need because you could really able to move and find appropriate team members or hiring professionals for such job but of course you should really still make yourself aware on how this business works.

OP mentioned that he has a 100k budget. I don't know if it's on USD value or what. If OP will hire professionals, I think those will not be partnered with him but rather they will just offer OP their service. Since that's the case, OP still needs to find team members and that's another set for the budget.

As I said, OP can consult first those people around its circle. OP can refer to gambling companies that operate online casinos on their local for business consultation. These companies might help OP since, in the first place, there's a decent budget and might be a partnership. The crypto-integration is now the role of OP.

I have never seen a gambling casino representative here that gives pointers to those who want to establish an online casino that's why it will be hard for OP to find the right people here. That's how difficult to start an online gambling casino with 0 knowledge.

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July 23, 2022, 09:35:06 PM
Last edit: July 23, 2022, 09:50:13 PM by nakamura12
 #49

No idea about how much it will cost you to fully build and running Bitcoin casino but if you are not sure where to start then how about creating the domain name first. It is a business after all so, about casino owners didn't give tips for ideas to people who wanted to create their own casino as they don't want to have a competition.

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July 23, 2022, 09:38:41 PM
 #50

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.

or better yet, look for another business and not gambling business. gambling business needs a large capital even if you want to start small. because what if there's big winnings, how can you pay the player? unless, you will limit their winnings and you will have an arrangement when it comes to payment. there are so many factors to consider in setting-up a casino. the OP should be prepared to face those possible bottlenecks.

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July 23, 2022, 09:49:57 PM
 #51



or better yet, look for another business and not gambling business. gambling business needs a large capital even if you want to start small. because what if there's big winnings, how can you pay the player? unless, you will limit their winnings and you will have an arrangement when it comes to payment. there are so many factors to consider in setting-up a casino. the OP should be prepared to face those possible bottlenecks.
That's much better than creating your own casino when you are not a developer skills and also the cost of hiring a person to help manage the site. I don't think it would be easy to manage a casino all alone. So, I think the total cost won't be small amount though you may get it all back once there are gamblers gambling on your site or your site did become successful.

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July 23, 2022, 09:55:03 PM
 #52

As mentioned by other users, capital is main barrier for opening online casino. Coding knowledge and experience as developer will not make it easy, you have to make business plan. But first you have to find investor or capital without thinking profit at first year of business.
Budgeting will require a lot for him to have that casino that he's thinking of establishing but it won't just go down with money, knowledge about coding and if he's not really into codes, money will suffice that part as he can hire someone who's good at it.
But, he needs to have a good negotiation skills for him to have someone accept the job but basically, there are a lot of devs that would like to take care of a job like this.
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July 23, 2022, 10:39:52 PM
 #53

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!

First of all, I just want to tell you that your idea is good, you have the skills needed to start a website, an online casino. But I highly suggest that you need to have a team for it, it will help you to create plans, develop the website and you need some marketing strategies for this project since we have a lot of online casino right now.  It is not good to have a one man team in this project, you need a help, no matter how much skills you do have right now still you need someone help, you can't focus in different things. You need also a capital that will be more enough for security and database of your website.
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July 23, 2022, 10:52:09 PM
 #54

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.
You have almost summarized everything in your answer.

- Since he has programming experience, he will need to develop that experience to be able to supervise the development process of the platform’s programming, including improvements, additions, and updates. This does not mean that he does the work himself, but at least improves his skills to be able to supervise who will delegate him to carry out the task, which is preferable to be a partner and not an employee, at least at the beginning of the project.
- He will have to use one of the payment gateways to supervise the withdrawal and deposit operations to be done automatically because doing this manually will cause a lot of time to be wasted. This is until it is possible to program a payment system for the platform without the need to purchase the service from automated payment gateways that may not provide sufficient support when needed. Of course, the owner of the capital is the one who must fully control the hot wallet of the platform.
- For promotions and advertisements, the best place to do this is the Bitcointalk forum, but you need to hire a trusted moderator to do these operations. This will increase the credibility of the platform and increase the demand for it.

Finally, with regard to the support team, support workers must be assigned to cover their work shifts 24 hours a day, provided that their supervisor is in direct contact with the other three departments: the development department, the payments department, and the advertising department. This will help them respond to users' questions and help them overcome difficulties while using the platform.

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July 23, 2022, 10:55:30 PM
 #55

Start off with a game of Plinko which is really just an ancient maths problem and relates to a standard equation you can program probably quite easily.   Everyone recognizes the game and can gamble right away, after you establish the basics of the site it allows you to build it up into something more diverse but basically gambling is very distributive and progressive I think

https://www.forbes.com/sites/startswithabang/2020/11/11/how-the-game-of-plinko-perfectly-illustrates-chaos-theory/

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July 23, 2022, 11:42:32 PM
 #56

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.

Not intending to do this alone at all, actually i am learning more and trying to understand the business and learning from this thread as well as taking every advice into account.

Thanks a lot for the feedback however.
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July 23, 2022, 11:57:06 PM
 #57

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.
There will be so much homework that you must think, plan, and prepare, dude. Clearing an online casino may be easy when only creating. But,t hsi will be difficult when related to managing and building the online casino until get many users. We must not only think about the profits that we can gain by having an online casino but also how much we must spend in building and developing the platform. This is also not easy. It will depend on how you make the progress. you do not only need the platform but also need promotion parts, safety, backend and front end, and other elements.

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July 24, 2022, 12:02:08 AM
 #58

or better yet, look for another business and not gambling business. gambling business needs a large capital even if you want to start small. because what if there's big winnings, how can you pay the player? unless, you will limit their winnings and you will have an arrangement when it comes to payment. there are so many factors to consider in setting-up a casino. the OP should be prepared to face those possible bottlenecks.
There's nothing wrong with casinos that have small bankrolls since casinos need to start somewhere right? If winnings become an issue then a feature like casino investments could be an option, it used to be popular back then as it's one of the ways to increase the site's max profit and encourage high rollers.

For OP, the only thing I could suggest is to look for similar threads with the help of the search button at the upper right, as you might find a helpful thread that'll give you some information like this one for example.
How to Start a Bitcoin Casino/Sports Gambling Business (Checklist)

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July 24, 2022, 11:06:56 AM
 #59

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!
If you have a lot of money in hand then you can overcome your shortcomings and create a very good casino in which people would like to play, but if that is not the case then it is going to be difficult for you to succeed, and this is because a casino is a very money intensive business, after all even if you could do everything yourself and you could overcome all the obstacles that are in your way if you do not have money to add to your balance then no player will want to play at your casino, since the maximum bet will need to be incredibly low and you will discourage whales from gambling at your casino.
lionheart78
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July 24, 2022, 12:38:56 PM
 #60

I have never seen a gambling casino representative here that gives pointers to those who want to establish an online casino that's why it will be hard for OP to find the right people here. That's how difficult to start an online gambling casino with 0 knowledge.

That is the challenge of creating a Casino especially when we don't know all the aspects of the Casino business.  He can do an in-depth research, a feasibility study, and even consult Casino specialists and ask for pointers on how to build one.

If you have a lot of money in hand then you can overcome your shortcomings and create a very good casino in which people would like to play, but if that is not the case then it is going to be difficult for you to succeed, and this is because a casino is a very money intensive business, after all even if you could do everything yourself and you could overcome all the obstacles that are in your way if you do not have money to add to your balance then no player will want to play at your casino, since the maximum bet will need to be incredibly low and you will discourage whales from gambling at your casino.

Business doesn't work that way.  He needs to find the right person for the job.  There are lots of millionaires who failed to set up a successful business because they failed to get the right people.  Besides, in the crypto industry, he can always ask for crowdfunding if his plan is feasible but somehow short of funding.
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