Looking to start an online casino

[mindrust]

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 will only lose your time and money if you have no idea how start a business like a this one.

First of all you’ll need lots of money. You’ll need a team of devs, lawyers, customer support etc. You’ll probably beed some casino licenses if you are going to deal with FIAT.

You’ll need to know some basic programming too. Otherwise devs will fuck you over easily.

Just forget about it and invest your money in crypto

[coupable]

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 will only lose your time and money if you have no idea how start a business like a this one.

First of all you’ll need lots of money. You’ll need a team of devs, lawyers, customer support etc. You’ll probably beed some casino licenses if you are going to deal with FIAT.

You’ll need to know some basic programming too. Otherwise devs will fuck you over easily.

Just forget about it and invest your money in crypto

I really appreciate how he thinks big. Why you want him to forget about the whole subject.
If he has enough money, I don't see anything stopping him from trying it. I think it is good that he chose the forum to ask his questions, and he can at an advanced stage present the idea of ​​the project in the "Project and Development" section to search for partners. There are many trusted members who can provide the necessary support. I didn't like that you were trying to dissuade him from the idea.

[Mauser]

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!

Why do you want to start your own bitcoin casino? To be honest with you, you are a bit late to the online casino boom. We saw in 2020/2021 a big increase in new casinos that tried to take over market share from the old casinos who have been around for many years. Due to the covid pandemic online gambling was the only alternative since most physical casinos were closed during the lockdown. It seems that you are starting from the beginning and have no prior experience in the gambling industry. It requires a lot of knowledge, time and money to run a casino and I am not sure if you have that. Having a background in coding is a good starting position, I am just not sure about the business side. A cheap gambling licence already cost 10,000 USD, on top of that you need money for the website, infrastructure, support team and legal team. Plus you need to have a decent bankroll to start with in case a gambler gets lucky and hits a jackpot very early on. It's not guaranteed that you will make money in the first year of running a new casino. How about you work first in the industry? You could look for a job at an existing casino and get some knowledge and save up some money.

[coolcoinz]

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.

He can do without live support, this is not that important. I've worked with online service providers that had just 1 dedicated support employee who worked from home and wasn't there 24/7. Users were able to choose between emailing support or filling in a form on site that created a "ticket" for the employee. The employee was paid hourly and was supposed to check the email 2-3 times a day and answer all tickets as they appear. Live support starts making sense once you get popular.

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.

With that budget a good idea would be to do some research and focus on one game. Don't build a whole casino but rather a gaming site for one type of gambling, pretty much what primedice did in 10 years ago, just maybe not with dice, that ship has sailed. There are ways to gamble that don't require a a big bankroll, for instance sports betting, all types of lotteries, gambling with online game items, like those csgo chests or rust items.
Choosing the right "branch" you can cut the money needed to start the project to the minimum and focus all your money on securing a domain and building a site.

Good luck!

[robelneo]

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.

You should not do this alone of course it's not your typical site, but there's legality and proper functioning of all the features not to mention marketing and advertising it, its a passion first and money second, players can easily tell if a casino just wants to make fast bucks, you have to serve your clients first and give them what they want and at the same time properly implementing all your rules and what's on your TOS, you'll know this if you're playing long enough.

[Jemzx00]

He can do without live support, this is not that important. I've worked with online service providers that had just 1 dedicated support employee who worked from home and wasn't there 24/7. Users were able to choose between emailing support or filling in a form on site that created a "ticket" for the employee. The employee was paid hourly and was supposed to check the email 2-3 times a day and answer all tickets as they appear. Live support starts making sense once you get popular.

Having atleast one online support would be beneficial to the platform especially for a gambling casino. However, I think it's best for a casino to provide their users some way of contacting them 24/7 as issue may arise anytime especially withdrawal, deposits or any concern that involves money or crypto. One way would be thru Telegram supports or other community groups. Having these kind of support would be easy to find and cost efficient.

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.

With that budget a good idea would be to do some research and focus on one game. Don't build a whole casino but rather a gaming site for one type of gambling, pretty much what primedice did in 10 years ago, just maybe not with dice, that ship has sailed. There are ways to gamble that don't require a a big bankroll, for instance sports betting, all types of lotteries, gambling with online game items, like those csgo chests or rust items.
Choosing the right "branch" you can cut the money needed to start the project to the minimum and focus all your money on securing a domain and building a site.

Good luck!

I kinda agree with this one, with the limited budget that OP have. It is best to focus it on a single but unique game that will attract it's users to the platform and keep them from coming back.
I must say, 100k maybe a lot to a regular person but not for financing a gambling company. OP has limited option on how he will be able to start up his company but it is not impossible. Also, I think it would be best if he try to contact other casino out there or atleast someone who is willing to partner with him to increase or posibly limit expenses.

[Lanatsa]

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.

You wouldnt really be getting some advice since they do know that it could really be a potential competitor for them thats why giving out some hints and ideas then it would really be out of their interest. 

Therefore it would really be hard to get some advice and recommendations for those people who are currently working or owning crypto gambling sites as of this moment.I do agree on the idea
about getting first some familiarization or even with the basics to those who are around specially on local i guess.

Getting or snipping out some idea and make yourself be aware on this business is a must or crucial because you arent shelling out small budget on here.

[agustina2]

You wouldnt really be getting some advice since they do know that it could really be a potential competitor for them thats why giving out some hints and ideas then it would really be out of their interest. 

Therefore, OP can't find any technical help here but rather just advice and suggestions. In any business, there should be already knowledgeable about it before building it. But were to gain that knowledge for those zero knowledge? By putting lots of time into studying any related fields regarding that.

OP needs to explore the right person for it by doing some research that was also based on his country or a place nearby. With the budget and capital mentioned by OP a few pages before, it can be used as cost to form a sponsorship. Much better if it's nearby to OP so they can set up physical meetings to discuss everything from scratch.

[BitcoinPanther]

You wouldnt really be getting some advice since they do know that it could really be a potential competitor for them thats why giving out some hints and ideas then it would really be out of their interest. 

Therefore, OP can't find any technical help here but rather just advice and suggestions. In any business, there should be already knowledgeable about it before building it. But were to gain that knowledge for those zero knowledge? By putting lots of time into studying any related fields regarding that.

True that setting up a business needs a careful study of every aspect. So basically, one shouldn't rush things out, he should commit ample time to organize the plan, study the feasibilities and finding right people.  Business done in a rush will produce half-baked products and services so @OP take your time in carefully planning and establishing your planned Casino.
   

[michellee]

You wouldnt really be getting some advice since they do know that it could really be a potential competitor for them thats why giving out some hints and ideas then it would really be out of their interest. 

Therefore, OP can't find any technical help here but rather just advice and suggestions. In any business, there should be already knowledgeable about it before building it. But were to gain that knowledge for those zero knowledge? By putting lots of time into studying any related fields regarding that.

True that setting up a business needs a careful study of every aspect. So basically, one shouldn't rush things out, he should commit ample time to organize the plan, study the feasibilities and finding right people.  Business done in a rush will produce half-baked products and services so @OP take your time in carefully planning and establishing your planned Casino.

Maybe learning from the many threads on this forum can help him a lot. What he has to prepare is a casino that is ready to operate by having a team that manages the casino well and don't forget to prepare a security team that will keep the casino site safe. After that, he can come back here again to say that all the preparations are almost done so that we can give other suggestions that might make the casino site even better. But clearly, building a site takes time to develop properly so that it can provide satisfaction for its customers.

[Betwrong]

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!

Hey,

Although there are many online bitcoin casinos successfully operating already, for us gamblers the more the better. They are competing with each other for users, and hence users enjoy more nice promos, lower house edges, and stuff.

So, I'm always glad when someone  wants to open a new casino.  If you want my advice, here it is. First find money, a million USD at least. Then come here on this forum and start hiring. I think, it is pretty much possible that your project will be successful in the end, but remember, first, the money. Otherwise you will look like someone just fantasizing.

[Theones]

Hey,

Although there are many online bitcoin casinos successfully operating already, for us gamblers the more the better. They are competing with each other for users, and hence users enjoy more nice promos, lower house edges, and stuff.

So, I'm always glad when someone  wants to open a new casino.  If you want my advice, here it is. First find money, a million USD at least. Then come here on this forum and start hiring. I think, it is pretty much possible that your project will be successful in the end, but remember, first, the money. Otherwise you will look like someone just fantasizing.

These forums are very interesting and you get to see some very good advices by the senior gamblers.
Try doing your research and get advice of some of the senior members and then then make a decision depending on your region.

[rahmad2nd]

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!

Very interesting business idea, but you can't possibly build it with just a coding background. This business is interesting but I think building an online casino is not as simple as you think. there is a mechanism and a process that you have to go through and I think you understand it on the matter.

So before you can build an online casino, you need to get a gambling license.
to make this happen, you have to look at the requirements.The biggest problem for most people is the investment required, including all costs, I think licensing is quite a financial burden unless you have a healthy capital.

[TopTort777]

I suggest you not to try to economize on optimizing your page, as abusers can quickly turn your budget into zero. If you go through gambling sections and search for casino named Bitlucy, you might find an example how in one day bunch on cheaters ruined new project. Learn from their experience! Another suggestion - do not rush to start, test everything hundred times, make bug bounty. Because it is easy to ruin reputation in a second, and you might even never recover.

[fortunecrypto]

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!

Although in your last post here you appreciated all the feedback and post here I would like to add mine and that is forget it you have zero game development skill and don't know how to get users so in short, you don't deserve to be an admin you'll waste your time and money, running a casino is a career, start your career first as a player when you are good at being a player then you can set your goal to be a casino operator, and don't be to hurry the competition is very stiff on this industry.

[Bitinity]

So before you can build an online casino, you need to get a gambling license.
to make this happen, you have to look at the requirements.The biggest problem for most people is the investment required, including all costs, I think licensing is quite a financial burden unless you have a healthy capital.

License is not that important to be the 1st to get before building an online casino. It is not effective to get a license first, better to build the casino first and license can be gained once the casino is ready to be launched. What's the point of having a license but you have not even started to build the casino?  In my logical thought, the product is the first one to be focused on while license is a secondary thing.

[Viscore]

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 want to start an online casino with zero game development skills, no idea for the cost, and no idea for marketing there is only one way to do this. You need some money to make it real.

You could buy a gambling license, buy a slots game license, and a good VPS. with that you could start your casino.

Or other way is to post in the services section with a bounty for a casino 

I suggest you gain good experience first before you build your own online casino. Even if you have good amount of money, that won't guarantee that your casino will work as easy as that. It's always best that you are well knowledgeable first on the type of business that you are going to put into, otherwise if you can't work with small smatters, its impossible to expect it to succeed or make a progress. Yes, you could buy a gambling license, or any game license you want, but at least you should be a good player first since its always a good base to succeed.

[Lanatsa]

You wouldnt really be getting some advice since they do know that it could really be a potential competitor for them thats why giving out some hints and ideas then it would really be out of their interest. 

Therefore, OP can't find any technical help here but rather just advice and suggestions. In any business, there should be already knowledgeable about it before building it. But were to gain that knowledge for those zero knowledge? By putting lots of time into studying any related fields regarding that.

True that setting up a business needs a careful study of every aspect. So basically, one shouldn't rush things out, he should commit ample time to organize the plan, study the feasibilities and finding right people.  Business done in a rush will produce half-baked products and services so @OP take your time in carefully planning and establishing your planned Casino.

Maybe learning from the many threads on this forum can help him a lot. What he has to prepare is a casino that is ready to operate by having a team that manages the casino well and don't forget to prepare a security team that will keep the casino site safe. After that, he can come back here again to say that all the preparations are almost done so that we can give other suggestions that might make the casino site even better. But clearly, building a site takes time to develop properly so that it can provide satisfaction for its customers.

Honestly i wont really be taking some advise generally on this place specially into those people who dont actually have that the experience on running this type of business.You could definitely differentiate into those

people who do have actual idea and to those people who are just simply riding with the waves and just posting up some common sense matter but in speaking with technicality ideas and preparations then
this is where you could really see to those people who do have actual knowledge.

On building a big business something like this and have allocated big funds then you should really be seeking out some professional help and making out some
opinion check into this forum if you do have some doubts which for sure we do have some knowledgeable people on here when it comes to that manner.

[btc78]

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.

and specially like what i said? it is their truthfulness because in gambling we are talking about money and not just smaller but a big in case of jackpot or big wins.

so telling people here that he small casino will keep the players distancing from playing with big capital because they will limit their way to gamble and be safe when become lucky to win bigger .

[Daltonik]

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 the creation of a high quality casino is within the power of the development team if there is an interested investor with a large amount of funds, and it is extremely difficult to build such projects alone.