About Online casino/gambling projects

[qwertyup23]

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.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

[Eternad]

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.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for long time unlike startup casino that only have limited funds and usually closed when there funds run out since they don’t have capital from there own pocket to run the casino.

[virasisog]

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.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for a long time, unlike startup casino that only has limited funds and usually closed when their funds run out since they don’t have capital from there own pocket to run the casino.

Newly built casino sites are having a hard time competing with long-time reputable casino sites because old casinos have a firmer foundation and established capital to keep their site running. New casinos are having a hard time sustaining their sites especially if they're not able to attract and keep more players. It will be too challenging for them because old reputable casino sites have been through a lot and they know how to deal with the status of the crypto market. New casinos need to look for firm support that will also finance their utilities 

[Wiwo]

There's many casinos already survive since a long time e.g. cryptogames, 777coin, bitvest, primedice, bitcasino.io, sportsbet.io etc.

The reason why many casinos didn't survive for so long is mostly because of the casino bankroll. Most new casinos will offer a good promotion and it needs a cost especially if there's a lucky gambler who can beat the requirements and reach the maximum bonus they can withdraw

This is why before creating an online casino or business, you need to have enough funds first.

The casinos you mentioned are truly among the oldest casinos around and casinos like 777coin and bitvest have been around for as far back as 2013 and they are still performing well and reputable, unless for some issues that have been raised sometime back on some of them but aside from that stake is among the oldest casinos too but just that stake is not as old as the other ones. But what I want ops to understand is that even new casinos can be highly effective and profitable to players thereby building a good reputation as time goes on.

[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.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

Also in addition to this, some gamblers also contributed to the cause of this failures when they are trying to act funny and smart with bonus hunting by using crooked ways to accumulate and violate their rules, so OP should bear it in mind that there will be countless attempts on such if he got to lunch a casino, but nevertheless the site functionalityatters most to gamblers, having encounters on issues related to denied access to some functions is a big vexation on the gambler and the casino operators should build more defensive resistance ad against such abuses.

[kamvreto]

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.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for a long time, unlike startup casino that only has limited funds and usually closed when their funds run out since they don’t have capital from there own pocket to run the casino.

Newly built casino sites are having a hard time competing with long-time reputable casino sites because old casinos have a firmer foundation and established capital to keep their site running. New casinos are having a hard time sustaining their sites especially if they're not able to attract and keep more players. It will be too challenging for them because old reputable casino sites have been through a lot and they know how to deal with the status of the crypto market. New casinos need to look for firm support that will also finance their utilities 

Strong support such as several early investors who supported the establishment of the casino website as well as doing some advertising on forums such as the Bitcointalk campaign and in several casino communities. New casino sites do require quite a lot of initial capital so that they can be recognized by many players and become their favorite casino. Hiring a few casino influencers will also help to promote the casino site. and what is no less important for new casinos is that the User Interface must be really attractive and updated, following current user interface developments as well as more varied game support and customer support to help players when they get some problems.

[Mahanton]

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.

That is true- do you know what the common denominator of these gambling websites have? All of them have a designated and active customer support service that caters to the needs of the problems of gamblers online.

In order to attract and maintain a loyal player base, your online gambling website should have at least an active customer support service that relatively replies quickly to the problems along the way. By establishing a trust among your users, they will remain loyal to your website thus attracting more users in the process.

I think the OP is pertaining to those casino that start using an IDO to gather funds by selling the casino utility. Sportsbet, Stake and other casino that mentioned is privately funded with company so they have sufficient resources needed to fund the casino operation expenses for a long time, unlike startup casino that only has limited funds and usually closed when their funds run out since they don’t have capital from there own pocket to run the casino.

Newly built casino sites are having a hard time competing with long-time reputable casino sites because old casinos have a firmer foundation and established capital to keep their site running. New casinos are having a hard time sustaining their sites especially if they're not able to attract and keep more players. It will be too challenging for them because old reputable casino sites have been through a lot and they know how to deal with the status of the crypto market. New casinos need to look for firm support that will also finance their utilities 

Strong support such as several early investors who supported the establishment of the casino website as well as doing some advertising on forums such as the Bitcointalk campaign and in several casino communities. New casino sites do require quite a lot of initial capital so that they can be recognized by many players and become their favorite casino. Hiring a few casino influencers will also help to promote the casino site. and what is no less important for new casinos is that the User Interface must be really attractive and updated, following current user interface developments as well as more varied game support and customer support to help players when they get some problems.

Continous development + Active marketing + Decent bonuses and perks

This is what makes the business to sustain for long.There might be something new but these old ones wont really be stopping on competing and trying out to adapt on whats new or whats the trend.
Specially now we are seeing that casino platforms are integrating sports betting as of this moment which it did really make out some good impressions into those gamblers around.
And this is what makes people stay and support out on the site that they are playing with.The older the most reputable and trustable it is.
They wont really last long into this market if they dont really have those qualities.

[el kaka22]

Casinos are quite difficult to manage because it requires a lot of people to make it work at the same time. I mean imagine being offline and sleeping, if nobody is looking at what's going on, you are going to get abused for user, people will figure out your times and will abuse it somehow.

It's better to have 3 people for each position to have 8 hours shifts at all times (and 2 people at 12 hour shifts when one of them is not available) and that means a lot of people, not just the owner, from developer to designer to staff, the staff needs to be a lot, so they can help with the support. And we are talking about opponents with millions of dollars in marketing, that's who you would be going against.

[DoublerHunter]

Casinos are quite difficult to manage because it requires a lot of people to make it work at the same time. I mean imagine being offline and sleeping, if nobody is looking at what's going on, you are going to get abused for user, people will figure out your times and will abuse it somehow.

It's better to have 3 people for each position to have 8 hours shifts at all times (and 2 people at 12 hour shifts when one of them is not available) and that means a lot of people, not just the owner, from developer to designer to staff, the staff needs to be a lot, so they can help with the support. And we are talking about opponents with millions of dollars in marketing, that's who you would be going against.

^Definitely right and this is true.
It is hard to compete with others now, especially those old gambling casinos that already existed in the gambling business.
It needs manpower or staff that can be able to manage and work your gambling casino 24/7, the fastest customer support seems like it is a part of business marketing in gambling, the first thing that gamblers looking for is the CS.
However, if I will you OP just choose a gambling casino that already existed here for how many years.

[passwordnow]

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.

Yes, not all casinos have their tokens but I guess he's specific on that part since he has mentioned about "project" and "utility". So, I'm assuming that he's talking about those projects that has tokens that has a main business related to gambling or being a casino itself. Those that want to be successful in this business has to learn from those that are at the top and don't have the idea of owning or launching their own tokens yet, they're still popular and known.

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.

It will only beneficial when there's that staking part and it's allowing holders or stakers to earn dividends.
That's mostly the utility and usage that I've been seeing from casinos that has tokens.

[Yogee]

....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.

Why not just ask what helped them survive?

Some basic things I could think of are,
- early crypto casinos had the first move advantage but they also had the tough task of making a name for themselves
- after the early movers made crypto gambling popular then come the casinos that introduced their native tokens with some perks that's only available to their token holders

[adzino]

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.

Are you talking about those regular online crypto casinos? Well, there are lots and even more popping up every now and then, but only few managed to survive. And of course there are lots that has been around and still "functions" perfectly.

Or are you talking about those blockchain based crypto casinos? Well no one uses them because why would they need those casinos if normal casinos already exists? They don't offer anything new. They say they are "decentralized" but they aren't. The developers can control everything!

[xSkylarx]

is there any old project that live this long and still functions?

I've known cloudbet, bitcasino, and primedice since my newbie days way back 2016 and those gambling websites are still operating until now.

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.

If you are pertainining on gambling casinos, there are many factors why these platforms shut down. Reputation  plays a big role to it. If a gambling website have many bad reviews, users will definitely not play there. If that casino doesn't have enough users in the long run, they are likely to close the website once they don't have enough funds to maintain it..

[Darker45]

I guess it's probably about management and whether there's enough patrons to sustain operations. But, yes, there are crypto casinos that have been in operation for many years, for almost a decade in the case of Primedice, for example.

Today, the competition has been elevated to a whole new level with the influx of new crypto casinos. Crypto gamblers are, of course, limited so crypto casinos are highly competing against each other. It's now a battle of features, perks and privileges, marketing and sponsorships, and so on. 

[ethereumhunter]

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.

If you visit the Gambling section, you will find that some casinos have been around for years and are still doing well today. These casino sites are still casino sites that have a good reputation and have many members who still play there. So crypto casinos have been around for a long time and still exist today.

But indeed, some casino sites don't last long after launch, which can be due to some things. If the casino has a lot of scam cases, people will not want to play there because it means they will lose their money, even if they can get a win.

[naira]

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.

One casino project falls and another casino project grows even more. And if one of the old projects stands up to now, it proves that the public's trust is so great. Primedice and Freebitco.in as far as I know have quite a long time in the world of online crypto casinos. But is that all you're looking for when the answer is already given? Would you decide to drop the bet after finding out?

Don't be surprised, not a few casino casinos have fallen and become scams, but when you know there is a casino that has been trusted by the public for quite a long time, it becomes a reference for us to be able to trust more where to play.

[btc78]

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.

Convenience is what I think the main reason why gamblers are staying on a casino. And that includes on how easy it is to contact customer support for most problems that a customer may face.

our money needs security so good communication is what we needs here for most of the chances .

I love to see players engaging in good casino than to those who promise bonuses.

Like having hard times or problems in withdrawals and deposits. That's one of the major problem that most gamblers would like to have an assurance that if a casino promised that it'll be an instant withdrawal, then just do it as what it's said in the promise.

I hate issues in every site that I am playing , even if it is minor or major, i will leave that site once i encounter problems.

Next is the variety of cryptos being accepted. It's part of being convenient to a casino that has wide range of supported cryptocurrencies because not everyone of us would like to gamble with bitcoin and other top coins because, we're all saving that in the future.

even if it accepts few coins as long as it is available in my wallet? its fine with me but yeah indeed that the more coins is the merrier for crypto gamblers.

[Mauser]

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.

What do you mean with crypto gambling projects? Are you interested in running your own crypto casinos? A crypto casino is not really different from a normal online, only that it deals mainly in crypto currencies. Do you have prior experience in running gambling companies? If not, you should make a lot of research before getting into it. Over the last 18 month we saw a lot of new casinos entering the online market and many of them failed. It takes a lot of time, resources and money to run a successful casino. The main issue with new casinos is that they are struggling to attract enough customers to remain profitable. A promotion can bring a lot of gamblers to a csfino, but it's difficult to make sure that they stay and gamble regularly.

[danherbias07]

Stake.com, Sportsbet.io. These two sports and casino online site had been in the industry for quite some time.
There are those who had personal problems that's why they closed down. They are not scams just having some trouble dealing with both. i.e. Bitvest, 777, and Yolodice owned by ethan.
I think what you need is a strong team. Trustworthy ones that could deal with large amounts of money and cryptocurrencies because once you open it, there will always be players that will try.
Creating events is also important as it can boost the number of players, especially thru referrals and affiliation links.

[l3pox]

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.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

this issue ends up coming to costumer support
if the website is responsive and helps with the issues it'll end up building trust over time and people will think it is reliable.

of course it's challenging when they are scaling exponentially.