About Online casino/gambling projects

[KiaKia]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

[Little Mouse]

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

[348Judah]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

OP your topic is an interesting aspect and i see the gambling section best suitable for your question to receive more response because there in gambling board, all discussion related to gambling where easily attended to upto satisfaction, there's jo need of creating another topic there, just move the thread to gambling discussion preferably.

[n0ne]

Very limited usage of those tokens is a big reason that makes the projects get unused. When we talk of projects associated with gambling, the tokens are used in the gambling site for gambling and it doesn't have any more usage. There were investment opportunities, and very few number of people prefer this over other cryptocurrencies available in the market.

[Viscore]

There are a lot of sites here for a quite long time and survive for years. Sportsbet, stake, bitcasino, and many more are here for a long time now. Primedice is in the online casino business since 2013 and they are still functioning. You have to find out this casino in the Gambling section. Also, you should move the thread in the gambling discussion if you want to get more valuable answers as the place has a lot of old gamblers. Check the lower side of this topic to0 move it.

Gambling has been around for long as well as those reputable gambling sites who are still very accessible until now and are still widely played by most of the gamblers. You can check it in the gambling boards if you like. However, moving this thread into gambling discussion will create more valuable and clear insights for you as a lot of gamblers will share their own experiences from different gambling sites.

[Jemzx00]

There are various different online gambling casinos that are still around for quite some time now. One of the longest-running crypto casinos out there is Primedice which has been trusted by many gamblers out here. Primedice offers a quite simple casino game which is a dice game but if you are interested in other gambling games such as slots, sports betting, and other casino games then I suggest you visit Stake which is created by the same makers of Primedice. Also, other than Primedice, Freebitco.in, JustDice, and other casinos that you can find here at the Gambling board has been running for a long time and is still active up until today.

[Fortify]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's a bit of a bizarre question to ask in a forum that is packed full of threads about different gambling companies that have existed for many years already. Are you looking for smaller scale projects that maybe revolve around one game? The thing is, these companies have to grow big and fast or they might get stamped out by all sorts of effects. These days if you want to successfully launch a new crypto casino or sportbook you really need to have deep pockets because there are a lot of factors conspiring to put you out of business and the basic infrastructure you'll need requires a lot of upfront costs. Then you have to plow in a lot of cash in advertising along with offering things like welcome bonuses, and maybe run at a loss for the first couple years while building a reasonable user base.

[Wiwo]

Ops you are advised to always use the search features of the forum before asking any questions, to know if it has been answered on the forum before. Am sure there hand full of old casinos that are still very active and relevant over the years and until now, you can read through the forum to see some of those old casinos, and am sure a handful of them are still active with their signature campaigns on the forum e.g stake.

[TimeTeller]

Ops you are advised to always use the search features of the forum before asking any questions, to know if it has been answered on the forum before. Am sure there hand full of old casinos that are still very active and relevant over the years and until now, you can read through the forum to see some of those old casinos, and am sure a handful of them are still active with their signature campaigns on the forum e.g stake.

Aside from that, I can attest that there are old gambling sites that have survived up until now.
A very good example are freebitco and primedice, and honestly, I knew these sites before knowing this forum.
I believe a lot of users here are also long-time players in those 2 mentioned sites.
We can understand about the question of the OP as he is a newbie in the forum.
But if he tries to read the gambling board itself, he will surely understand that there are several casinos that are still active today.

[jackg]

I remember primedice (stake.com), 777coin [currently offline] (bitvest.io) and freebitco.in being around since about 2013.

The sites in brackets are ones that share the same team or seem to have started as a branch from the same project/company.

A lot turn into scam or disappear because they have bankrolls that are hard to manage. Even some places where the bankroll is invested by other users have seen issues in the site going offline (probably due to it not being profitible or due to a hack in some cases, exit scams are quite rife here too and there's been quite a few gambling related ones).

[dothebeats]

Primedice and freebitco.in.

These two are still going strong after all these years, and have built a very active community and a huge playerbase with lots of loyal patrons. Even I remember the transition of freebitco.in from a dedicated btc faucet up until its transition to a casino. They just focused on their brand and just did what they do best, and people supported them for that. Community relations also go a long way. During Primedice and freebitco.in early days, a lot of their reps are active and can easily be approached.

[theskillzdatklls]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's a competitive industry. And while it may seem like lots of people like using Bitcoin/crypto inside some kind of bubble, especially on this forum, most people in the world still prefer using fiat, making the vast majority of gambling take place that way.

So it can and does exist and prosper for a bunch of reasons. But there's also a lot of things holding various aspects of it back.

[agustina2]

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Just like the usual business, success depends on how site owners will manage properly their business to last long. Since the competition in crypto-gambling is so tough, site owners have to think of the best possible promotions and features to lure users to play on the site.

Lastly, big capital is really necessary to run gambling projects that will last for a long.

If successful, that big capital can be soon achieved its ROI and what's next is pure profit.

[Zlantann]

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Most times there are always similar things that kill business or projects. Firstly, the foundation of the business or projects is important. If you want to begin and casino project that would last for a long time then you must ensure you study the market and come up with your goals, objectives and roadmap to achieve them. Most casino projects die because of lack of planning.

Some casino owners view the business as a get rich quick scheme. Hence, when the profit is not rolling the way they projected, they tend to close the business and run away with customer's deposits. You must note that business takes time to grow, hence there is need for diligence and patience.

Most online casinos fail because of lack of cybersecurity and privacy management. Most of them are hacked by scammers or sometimes information of customers are stolen and used to carryout criminal activities.

Qualified human resources is very important for the success of an online casino firm. Most casino firm die easily because they don't have the right team or staff that would drive the vision or goals of the business. It is very important to recruit and consult the right personal, if you want to succeed in the crypto casino industry.

[crzy]

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

The competition here in crypto gambling is huge, as we can see almost every month there’s a new site and they are competing with the top site which already have a good number of players if they failed to market the project most probably they wont last and the worst case is, they can turn into a scam project. There’s a lot of old site that is still here, they are also on the top simply because they offer great service and their platform is exceptional.

[Baofeng]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

You can check,

1. https://primedice.com/
2. https://stake.com/ - The one in my signature

They have been in crypto space for many years and the one who started the trend and still up to now they are still around even though there are a lot of competitions in the last 8 years or so.

One thing that kills gambling projects is obviously if they don't have players to begin with, and those who don't processed withdrawals and then who are blatantly scamming gamblers. Others could have been dead because they weren't able to maintain good security, been hack and drain everything.

[passwordnow]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

I've seen hundreds of them and from that a lot, only a few projects which you can count with your hands have remained or even less than that. If the interest you've got is about the tokens and its use case for being used in a casino, that's a lot of work to do and it's not easy based from what I saw from those projects before.

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's because tokens are not really that necessary at all, there could be from little to no demand if you're also accepting other cryptocurrencies into your casino.

[samcrypto]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

I've seen hundreds of them and from that a lot, only a few projects which you can count with your hands have remained or even less than that. If the interest you've got is about the tokens and its use case for being used in a casino, that's a lot of work to do and it's not easy based from what I saw from those projects before.

Not all site have their own token for their gambling site and I believe this is the reason why the top gambling site is still here simply because they didn’t focus in other things instead they focus on making the platform better by accepting many crypto as much as possible as preferred by many site. I’ve been with stake for years already and I can say that this is one of the old yet best site to bet with. Don’t look for small site OP, they are usually the one that turns into a scam.

[Mahanton]

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

There are lots as far as i know.These are the ff:

Freebitco.in
Primedice
Bitkong
Crypto.games

I know i had missed something but much sure that there are already some numbers in speaking with those
long time running casinos that we do have on this crypto space.Question on how they do sustain?
They do just give their best on offering the best as they can in the community.

[serjent05]

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Mismanagement is the number one issue that kills the project.  Since mismanagement involves the overall operation of the online casino, being poor on that will lead the gambling project to being bankrupt.  Others to save the financial status of the project often rely on dirty tricks that are borderline scamming the player of their winnings by using holes on the TOS that is easily exploited by the project owner.

Becoming a scam I think is planned even before the project is created, so it is actually the end goal of the project owner, to run away with the fund when right time came.

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

It's because tokens are not really that necessary at all, there could be from little to no demand if you're also accepting other cryptocurrencies into your casino.

It depends on how the project uses it.  If players find the token to be beneficial to them, they will gladly avail of it, the sad thing is project owners often disregard the important ideas that can be integrated on the token making them useless to the development of the platform and just use them to money grab.

One thing that kills gambling projects is obviously if they don't have players to begin with, and those who don't processed withdrawals and then who are blatantly scamming gamblers. Others could have been dead because they weren't able to maintain good security, been hack and drain everything.

Indeed marketing strategy is also one very important aspect of gambling platforms.  We can see successful Casinos and gambling site have partnerships with known people, have regular promotional options on their site, and keeps advertising on a different platform to ensure the platform exposure is done regularly.