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Author Topic: STARTING OWN CRYPTO GAMBLING SITE  (Read 2928 times)
Silberman
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March 10, 2023, 12:10:38 AM
 #201

Great to hear that people like OP are considering entering the world of crypto-gambling-website building. I would love to add my two cents to the discussion even though I myself am not a casino owner nor do I have experience in owning casinos.

I think, like many people here, that you should avoid using ready-made scripts for anything other than research. There are way too many copy cats already. And you might not even receive a real script but rather some malicious code which will harm your casino in the long run.

Look at the other casinos and see if you can find some people who have experience in that area. Perhaps old project members who are interested in creating a new casino, again.

But you do need a good, new idea. There are too many casinos as is and they are almost all the same.
It is also important that whoever is thinking about creating a new casino has experience already on the industry or at least knows how to code, because if neither of those two options is true then it is going to be incredibly difficult for such a person to create a successful casino, as the lack of experience means they will have to learn everything on the go, and this means making mistakes which will cost them money, and if they do not know how to code then they will put themselves at risk as the programmers they pick to develop the project may do all kind of stuff behind their back and they will never know about it.
DevilSlayer
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March 10, 2023, 08:57:56 AM
 #202

Great to hear that people like OP are considering entering the world of crypto-gambling-website building. I would love to add my two cents to the discussion even though I myself am not a casino owner nor do I have experience in owning casinos.

I think, like many people here, that you should avoid using ready-made scripts for anything other than research. There are way too many copy cats already. And you might not even receive a real script but rather some malicious code which will harm your casino in the long run.

Look at the other casinos and see if you can find some people who have experience in that area. Perhaps old project members who are interested in creating a new casino, again.

But you do need a good, new idea. There are too many casinos as is and they are almost all the same.
It is also important that whoever is thinking about creating a new casino has experience already on the industry or at least knows how to code, because if neither of those two options is true then it is going to be incredibly difficult for such a person to create a successful casino, as the lack of experience means they will have to learn everything on the go, and this means making mistakes which will cost them money, and if they do not know how to code then they will put themselves at risk as the programmers they pick to develop the project may do all kind of stuff behind their back and they will never know about it.
Experience is the key in every industry in order to be successful, A casino will not be profitable if the team handling the business have not enough experience. Choosing employees are also the key to have a good service and better gameplay. For those who will start a crypto gambling site, it is better if you have experience working in physical casino and also in a crypto gambling site. The knowledge and the experience that you can get from it are so valuable wherein you can use to build a system for the casino that you want to build.

Capital is not the main thing that for a casino to become successful, there are a lot of casinos all over the world experienced bankruptcy because of poor handling due to low experiences. If you able to get experiences, then you will have an idea in your mind in order for you to run a profitable and successful crypto gambling site.
klidex
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March 10, 2023, 04:32:13 PM
 #203

Great to hear that people like OP are considering entering the world of crypto-gambling-website building. I would love to add my two cents to the discussion even though I myself am not a casino owner nor do I have experience in owning casinos.

I think, like many people here, that you should avoid using ready-made scripts for anything other than research. There are way too many copy cats already. And you might not even receive a real script but rather some malicious code which will harm your casino in the long run.

Look at the other casinos and see if you can find some people who have experience in that area. Perhaps old project members who are interested in creating a new casino, again.

But you do need a good, new idea. There are too many casinos as is and they are almost all the same.
It is also important that whoever is thinking about creating a new casino has experience already on the industry or at least knows how to code, because if neither of those two options is true then it is going to be incredibly difficult for such a person to create a successful casino, as the lack of experience means they will have to learn everything on the go, and this means making mistakes which will cost them money, and if they do not know how to code then they will put themselves at risk as the programmers they pick to develop the project may do all kind of stuff behind their back and they will never know about it.
Experience is the key in every industry in order to be successful, A casino will not be profitable if the team handling the business have not enough experience. Choosing employees are also the key to have a good service and better gameplay. For those who will start a crypto gambling site, it is better if you have experience working in physical casino and also in a crypto gambling site. The knowledge and the experience that you can get from it are so valuable wherein you can use to build a system for the casino that you want to build.

Capital is not the main thing that for a casino to become successful, there are a lot of casinos all over the world experienced bankruptcy because of poor handling due to low experiences. If you able to get experiences, then you will have an idea in your mind in order for you to run a profitable and successful crypto gambling site.
I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.

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Wapfika
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March 10, 2023, 04:39:02 PM
 #204

I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.

Probably you didn’t know how much capital you will need to setup a decent casino. Having a license will cost you more than 20Grand while the casino software, developers and supports payroll will cost you much higher. Plus the bankroll which needed to be high in able to operate smoothly in the presence of whale players.

Capital is the hardest part to acquire when setting up a casino unless you are super rich. Having a skills and experience is not a must since you can always hire employees that will do the work for you. Acquiring capital from scratch is the hardest part since you will need tons of it for marketing purposes to have a better chance to get customer. Skills and experience are useless if you don’t have capital to start.

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taufik123
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March 10, 2023, 04:59:48 PM
 #205

I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.
In my opinion Capital will be the first thing to think about, it is not easy to find capital when there is no connection with investors.

But when the connection with investors is very supportive and some investors dare to provide large capital, then finding people with the skills needed to build an online casino is very easy.

Those bookies may not fully master the technical skills of the casino, they use people who are already experts in each field.

The more capital, the easier it will be to build an online gambling site.
And the last one is doing marketing so that many online casinos can be known and many people enter to play.
The more comfortable the online casino is to use and the less hassle for users, the busier the online casino will be.

Providing bonuses for new users is also part of marketing so that more and more people use the online casino.
danadc
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March 10, 2023, 06:10:24 PM
 #206

Great to hear that people like OP are considering entering the world of crypto-gambling-website building. I would love to add my two cents to the discussion even though I myself am not a casino owner nor do I have experience in owning casinos.

I think, like many people here, that you should avoid using ready-made scripts for anything other than research. There are way too many copy cats already. And you might not even receive a real script but rather some malicious code which will harm your casino in the long run.

Look at the other casinos and see if you can find some people who have experience in that area. Perhaps old project members who are interested in creating a new casino, again.

But you do need a good, new idea. There are too many casinos as is and they are almost all the same.
It is also important that whoever is thinking about creating a new casino has experience already on the industry or at least knows how to code, because if neither of those two options is true then it is going to be incredibly difficult for such a person to create a successful casino, as the lack of experience means they will have to learn everything on the go, and this means making mistakes which will cost them money, and if they do not know how to code then they will put themselves at risk as the programmers they pick to develop the project may do all kind of stuff behind their back and they will never know about it.
Experience is the key in every industry in order to be successful, A casino will not be profitable if the team handling the business have not enough experience. Choosing employees are also the key to have a good service and better gameplay. For those who will start a crypto gambling site, it is better if you have experience working in physical casino and also in a crypto gambling site. The knowledge and the experience that you can get from it are so valuable wherein you can use to build a system for the casino that you want to build.

Capital is not the main thing that for a casino to become successful, there are a lot of casinos all over the world experienced bankruptcy because of poor handling due to low experiences. If you able to get experiences, then you will have an idea in your mind in order for you to run a profitable and successful crypto gambling site.

The experience is very good to have, but having enough capital I see it as the main thing, because what do you do if a whale comes in to play and they make a very big bet and win, how will they respond? If you don't have enough money and you can't pay, what will you do? Experience in a casino helps, but money is money, and as they say "Money kills a gallant" then here it is the same, a casino cannot stand on experience, they must have both, a lot of money and experience if they want to have success, I see no other.

R


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GiftedMAN
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March 10, 2023, 11:34:14 PM
 #207

I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.

Probably you didn’t know how much capital you will need to setup a decent casino. Having a license will cost you more than 20Grand while the casino software, developers and supports payroll will cost you much higher. Plus the bankroll which needed to be high in able to operate smoothly in the presence of whale players.

Capital is the hardest part to acquire when setting up a casino unless you are super rich. Having a skills and experience is not a must since you can always hire employees that will do the work for you. Acquiring capital from scratch is the hardest part since you will need tons of it for marketing purposes to have a better chance to get customer. Skills and experience are useless if you don’t have capital to start.
Having your own can is not as easy as we can think.a person that choose to have his own casino should be prepared to spend more money to set up the casino. There would be need to have a good team of developers on both backend and frontend that would manage the casino and always try to put things in order whenever the rise comes.

Creating a casino cost a lot of money that is why some persons that so not have a good income of money would not be able to have or develop a better casino. This kind of projects needs good research from the team.

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abel1337
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March 11, 2023, 03:32:47 AM
 #208

I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.

Probably you didn’t know how much capital you will need to setup a decent casino. Having a license will cost you more than 20Grand while the casino software, developers and supports payroll will cost you much higher. Plus the bankroll which needed to be high in able to operate smoothly in the presence of whale players.

Capital is the hardest part to acquire when setting up a casino unless you are super rich. Having a skills and experience is not a must since you can always hire employees that will do the work for you. Acquiring capital from scratch is the hardest part since you will need tons of it for marketing purposes to have a better chance to get customer. Skills and experience are useless if you don’t have capital to start.
Having your own can is not as easy as we can think.a person that choose to have his own casino should be prepared to spend more money to set up the casino. There would be need to have a good team of developers on both backend and frontend that would manage the casino and always try to put things in order whenever the rise comes.

Creating a casino cost a lot of money that is why some persons that so not have a good income of money would not be able to have or develop a better casino. This kind of projects needs good research from the team.
A millionaire setting up a casino is far different from the experience of a middle class person who want to set up or make his own casino. It would be basically hard for a middle class person to establish his own casino especially if it's a crypto casino where the competition is very steep. A lot of money need to be invested especially putting up money on your starting bank roll. Though there are ways such as doing crowd funding, start up, or basically searching for investors to partner up with you. It would be an advantage if you are the developer itself and run things in the casino. This way you can lessen the cost and can deal with casino problem like bugs with no extra hassle. But yeah no one can run a big casino with just a one man team no matter how good you are.
redsun114
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March 11, 2023, 08:32:22 AM
 #209

It is also important that whoever is thinking about creating a new casino has experience already on the industry or at least knows how to code, because if neither of those two options is true then it is going to be incredibly difficult for such a person to create a successful casino, as the lack of experience means they will have to learn everything on the go, and this means making mistakes which will cost them money, and if they do not know how to code then they will put themselves at risk as the programmers they pick to develop the project may do all kind of stuff behind their back and they will never know about it.
Running a casino or a gambling business is not an easy thing, and it is not something that can be run by a single person, no matter how experienced they are regarding the business or programming languages. They will ultimately need a team to run the whole thing and manage everything efficiently. I agree that experience is important but it is just so that you can check and manage everything properly.

If you are inexperienced, it will be difficult for you to manage the team and all the departments and to see if things are being done properly or not. And your expertise and experience can add to the success of the platform since you can suggest marketing techniques, branding ideas, and much more to your team.

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Mr. Magkaisa
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March 11, 2023, 08:49:37 AM
 #210

I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.

Probably you didn’t know how much capital you will need to setup a decent casino. Having a license will cost you more than 20Grand while the casino software, developers and supports payroll will cost you much higher. Plus the bankroll which needed to be high in able to operate smoothly in the presence of whale players.

Capital is the hardest part to acquire when setting up a casino unless you are super rich. Having a skills and experience is not a must since you can always hire employees that will do the work for you. Acquiring capital from scratch is the hardest part since you will need tons of it for marketing purposes to have a better chance to get customer. Skills and experience are useless if you don’t have capital to start.

   -   You said that quite accurately mate, the question mate, do you think it should be in the amount of money needed to start a casino here in the crypto industry? Because even I know it's really expensive to build an online casino.

But I have no idea how much we should have in our hands, do you think 100k$ is enough to start a casino in this field of crypto space? this is for the knowledge of most community members here.

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klidex
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March 11, 2023, 09:45:02 AM
 #211

I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.

Probably you didn’t know how much capital you will need to setup a decent casino. Having a license will cost you more than 20Grand while the casino software, developers and supports payroll will cost you much higher. Plus the bankroll which needed to be high in able to operate smoothly in the presence of whale players.

Capital is the hardest part to acquire when setting up a casino unless you are super rich. Having a skills and experience is not a must since you can always hire employees that will do the work for you. Acquiring capital from scratch is the hardest part since you will need tons of it for marketing purposes to have a better chance to get customer. Skills and experience are useless if you don’t have capital to start.
But if you know what I mean, capital to set up a gambling business is something that is easy to find, such as borrowing from a bank or selling valuable assets to keep the business running.
My opinion, people who are rich or have a lot of money do not necessarily have experience and skills in the field of gambling.
How is it possible if someone sets up a gambling business without having experience and skills in his own business and that is very dangerous.
Because if someone starts a business without having experience in the field of gambling, they are vulnerable to manipulation by their own employees.
Who knows if that would happen if the gambling owners only believed in their employees but sometimes humans are greedy and can do whatever they want and if there is manipulation in their business, the owners will only believe and believe.
So for me experience and skills cannot be bought using money and if you set up a gambling business without having experience and skills, the long term risk is very dangerous for your own business.

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GxSTxV
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March 11, 2023, 10:57:45 AM
 #212

The first impression people have about opening a casino is that it's an easy way to get rich quick. However, once you start thinking about each step you realize that it requires a substantial amount of money. You need to invest in creating a special design and coming up with a unique idea or game. If you plan to start a non licensed casino, gaining users trust will be difficult, and you need to offer something that will make them choose your casino and take the risk of gambling.
Marketing is also crucial, and it will cost you a considerable amount of money for events, contests, and giveaways to build a reputation and gain people's trust. Personally If I had enough money I would definitely consider such an investment. There are many similar businesses such as starting an online casino.

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maydna
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March 11, 2023, 04:15:22 PM
 #213

The first impression people have about opening a casino is that it's an easy way to get rich quick. However, once you start thinking about each step you realize that it requires a substantial amount of money. You need to invest in creating a special design and coming up with a unique idea or game. If you plan to start a non licensed casino, gaining users trust will be difficult, and you need to offer something that will make them choose your casino and take the risk of gambling.
Marketing is also crucial, and it will cost you a considerable amount of money for events, contests, and giveaways to build a reputation and gain people's trust. Personally If I had enough money I would definitely consider such an investment. There are many similar businesses such as starting an online casino.
And if the prospective casino owners don't have the money, they will give up building a casino and think of other ways to get more money. And if they can't get it, maybe they will borrow money from the bank to start their project immediately. But for those who do have a lot of money, it will not be difficult to open a casino because there is a possibility to get bigger profits and maybe they can get passive income from their casino.

And there really is a lot that they have to do before they can start building a casino. At the very least, prospective casino owners already have a team of people who are experts in their fields so they are familiar with how it works. This will provide acceleration in making the casino so it will not take long to create a casino from scratch.

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March 14, 2023, 02:56:17 AM
 #214


When a casino wants to do things right, it does so without so much demand, what happens is that the new standards make all players verify that they have licenses and that everything legal is up to date, it's not bad to do it either, but security and Reputation is already a subject that there is a lot of debate, personally I will always say that it is best to trust casinos that have a good reputation.


All gamblers must understand that a casino that has a license is definitely legal, so it is unlikely that in the future the casino will be entangled by a legal problem that can harm users in the casino.
The existence of a license can also make gamblers think that they or the casino really want to develop and really become a decent casino.
Actually, security and reputation are not a topic that is much debated, but a statement to be able to prove that the casino is indeed worthy of use and can be relied on as a place to play or bet in the long term and can be trusted that the casino will not commit an act such as fraud.
It seems like not only you but surely almost all gamblers will also say the same thing which is that it is best to trust a reputable casino.

The must be is to meet the highest expectations, such as accepting all kinds of countries and not requiring KYC, because it is known that they are government requirements to maintain control, if a casino guarantees that, I think it would be the most famous casino of all, and also that they are honest and trustworthy.

For example, we as players must understand that licenses and some casino permits ask for these requirements, but just as they may have all the licenses, they do not guarantee that it can be an honest casino, for me it is important to play in a reliable casino with a great reputation, obviously the casino should pay when players win, that's enough for me. I don't complicate myself, it's just having the basics.

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March 14, 2023, 03:04:43 AM
 #215

The first impression people have about opening a casino is that it's an easy way to get rich quick. However, once you start thinking about each step you realize that it requires a substantial amount of money. You need to invest in creating a special design and coming up with a unique idea or game. If you plan to start a non licensed casino, gaining users trust will be difficult, and you need to offer something that will make them choose your casino and take the risk of gambling.
Marketing is also crucial, and it will cost you a considerable amount of money for events, contests, and giveaways to build a reputation and gain people's trust. Personally If I had enough money I would definitely consider such an investment. There are many similar businesses such as starting an online casino.
It is easy to think that creating a casino is not a big deal as it seems as a relatively simple business to run, but nothing could be further from the truth, creating a successful casino requires an enormous amount of work, money, talent, experience and a whole of other factors, and even with all of that a casino may not be as successful as we may expect, so unless one of the founding members of the casino has experience on the industry it could be better to use that money to create a different kind of business.
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March 14, 2023, 03:45:50 AM
 #216

And if the prospective casino owners don't have the money, they will give up building a casino and think of other ways to get more money. And if they can't get it, maybe they will borrow money from the bank to start their project immediately. But for those who do have a lot of money, it will not be difficult to open a casino because there is a possibility to get bigger profits and maybe they can get passive income from their casino.

And there really is a lot that they have to do before they can start building a casino. At the very least, prospective casino owners already have a team of people who are experts in their fields so they are familiar with how it works. This will provide acceleration in making the casino so it will not take long to create a casino from scratch.
Every business person who is going to build or run a business, be it a casino or other profitable business, must have prepared everything, including big money for their capital.
For a casino business it will not work if the money for capital comes from borrowing from the bank because by borrowing from the bank there must be a time agreement for the return of the money, whereas in the casino business it takes time that is not fast to be able to develop to start getting profits and capital really needs to be big.
It would be better to build a casino business using money from cooperation or investor funds because that way the profit sharing can be agreed on longer when the casino can actually have its profits.
Indeed, besides capital, there are other factors that influence the success of the casino business, namely a team that can be relied on, responsible and solid. If all of this is ready and mature, over time the casino will run well until it can get its glory.

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Ben Barubal
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March 14, 2023, 04:17:02 AM
 #217

Great to hear that people like OP are considering entering the world of crypto-gambling-website building. I would love to add my two cents to the discussion even though I myself am not a casino owner nor do I have experience in owning casinos.

I think, like many people here, that you should avoid using ready-made scripts for anything other than research. There are way too many copy cats already. And you might not even receive a real script but rather some malicious code which will harm your casino in the long run.

Look at the other casinos and see if you can find some people who have experience in that area. Perhaps old project members who are interested in creating a new casino, again.

But you do need a good, new idea. There are too many casinos as is and they are almost all the same.
It is also important that whoever is thinking about creating a new casino has experience already on the industry or at least knows how to code, because if neither of those two options is true then it is going to be incredibly difficult for such a person to create a successful casino, as the lack of experience means they will have to learn everything on the go, and this means making mistakes which will cost them money, and if they do not know how to code then they will put themselves at risk as the programmers they pick to develop the project may do all kind of stuff behind their back and they will never know about it.
Experience is the key in every industry in order to be successful, A casino will not be profitable if the team handling the business have not enough experience. Choosing employees are also the key to have a good service and better gameplay. For those who will start a crypto gambling site, it is better if you have experience working in physical casino and also in a crypto gambling site. The knowledge and the experience that you can get from it are so valuable wherein you can use to build a system for the casino that you want to build.

Capital is not the main thing that for a casino to become successful, there are a lot of casinos all over the world experienced bankruptcy because of poor handling due to low experiences. If you able to get experiences, then you will have an idea in your mind in order for you to run a profitable and successful crypto gambling site.

    Experience in building a casino is an advantage. But sometimes there are other people who use their experience for bad things. They take advantage of that so they can do bad things.

    So I think that it is not always necessary to have experience in this type of business, although I believe that knowledge is important in every business that we enter into an industry such as the crypto business.

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Betwrong
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March 14, 2023, 09:06:49 AM
 #218

~

True. Word of mouth spreads quickly when it comes to better services. There're lots of gambling sites already and all of them  offers the same, it only depends on what bonuses they give and some perks alongside different marketing strategy, but most them have a common problem which is customer support. I have been watching the sidelines on those gambling sites and sometimes do gambling or bet whenever I feel betting, and most common things I encounter is because of lack of customer service.

That's why I think that investing in customer service is more important than investing in advertising, and maybe even more important than investing in some sophisticated site design. Make it simple, but without bugs and properly working, and gamblers will be drawn to your site by things that are more important to them: a good customer service, fast withdrawals and stuff.

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March 14, 2023, 09:17:28 AM
 #219

That's why I think that investing in customer service is more important than investing in advertising, and maybe even more important than investing in some sophisticated site design. Make it simple, but without bugs and properly working, and gamblers will be drawn to your site by things that are more important to them: a good customer service, fast withdrawals and stuff.
that's what most gamblers are looking for. a site with a simple design but very easy and comfortable to operate. hire experienced people for support, to provide good service to members.
the most important thing is that members are happy and comfortable playing. then they will continuously deposit their money to play.
creating advertisements will bring in new members, but good service will keep members loyal. If the two can be worked together, it can grow the casino even bigger.
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March 14, 2023, 09:39:21 AM
 #220

    Experience in building a casino is an advantage. But sometimes there are other people who use their experience for bad things. They take advantage of that so they can do bad things.

    So I think that it is not always necessary to have experience in this type of business, although I believe that knowledge is important in every business that we enter into an industry such as the crypto business.
It will be considered as a good initiative but often said that becoming an entrepreneur is not easy. An entrepreneur has to take risks. Because he has to keep a big budget for running the gambling site. Also it requires license and skilled developers and marketing strategies to operate it. One can manage such a site when one wishes to manage it after having a good understanding of these issues.
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