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Author Topic: Have your own casino.  (Read 1451 times)
seoincorporation (OP)
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November 04, 2023, 11:39:15 PM
Merited by avp2306 (1)
 #1

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

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November 04, 2023, 11:52:03 PM
 #2

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

A sort of dreaming to have running casino registered under my name since imagine that you could potentially earn a lot of money for running a global business like this. But when waking up on reality I say I don't have enough money to launch the whole operation sin e it cause a lot of money to make a casino successful. Since if we just create a casino without doing anything for sure those gamblers would provably go with other casino which can give them better offers and launch a lot of marketing.

But this is really a nice idea and would love to read others opinion or story regarding on this topic since for sure majority of gamblers would love to have their own casino since its hard for them to get defeated always that's why they want to be their own house and earn a lot of money from the gamblers play and get entertained on their casino.

But also I believe this topic belongs to gambling discussion section so maybe best to move there and talk about such topic that nice.to discuss.

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November 05, 2023, 02:12:18 AM
 #3

Back in 2018-19, I guess many of us have dreamt of owning a casino. At that time this casino business was at boom and many new casinos were continuously being launched. Many casinos also offered to invest in their bankroll and get a share from the profits. But owning a casino and organising it was really a tough task. Many didn’t know how to build a casino where in some casinos the bankroll wasn’t sufficient. So yes for these reasons many people along with me, stopped this idea of creating our own casino. Reading this post, made me feel nostalgic.

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November 05, 2023, 02:17:48 AM
Merited by NotATether (2), seoincorporation (1)
 #4

Its difficult because you need to have a solid bankroll to start with and an exeptional reach.

First you need to buy a solution + license  and that costs +150k. You need to pay monthly fees to the providers and a revenue share with them.

You need to pay big money to a celeb or some big streamers, and they only want to go with you - of you can pay them more than they already get. Thats kinda impossible.

You need players from day 1 to survive in the competition or Else your bankroll will be eaten up by fees and monthly expenses.

Today new casinos opens daily but there is always the doubled who stops operation. 1 opens, 2 closes. We are sadly 3-5 years to late. Unless you get an exeptional idea that can make your casino unique. I just brainstorm but an idea could be to invite one of the streamers to get a share of the company instead of just being an affiliate. That could maybe open some Doors to a big audience quite fast.
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November 05, 2023, 02:29:04 AM
 #5

How many of you have dreamed about having your casino? Be the house and play the always-win game.
Owning casino is profitable business and can make the casino owner successful entrepreneur if the casino can really develop to become large casino with very many customers.
Regarding the desire to become casino owner, I am sure that almost everyone here wants to have casino business, it just that to be able to own one you need very large budget and also extensive experience in the gambling industry because the casino owner will also influence the development of the business.

I think anyone who has casino business will definitely not be that interested in games or betting in it because they can make profits more easily from this business.
If they want to win and have fun then gambling is no longer the right choice because they will look for other pleasures that can really give them more satisfaction.

Quote
In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

That why I say that casino owners will influence the development of the casino itself because experience and networks in the gambling industry are very much needed.
So far, lots of new casinos have emerged but they failed to survive and develop so in the end they just went bankrupt.

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November 05, 2023, 02:44:50 AM
Merited by seoincorporation (1)
 #6

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.
I was fortunate enough to find a dev and have my own casino back when moneypot was running.

We no longer have an option like that where everyone was using a community bankroll from investors so to speak. Now you have to put a decent chunk of money into having your own site in order to have the ability to attract medium/large gamblers.

You can make a site and start with a micro bankroll but who wants to play where a max won is 100$ or something like that?

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November 05, 2023, 04:50:08 AM
 #7



But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

At one point in my time in my gambling venture when I was just starting to play online casinos, I dreamt of having my own casino, and why not, there's a lot of money to be made from operating a casino it's easy money for a casino operator but after reading the cost and the knowledge you need to run a casino I discard this idea, the cost alone is staggering you need at least $200k to run a competitive casino, I don't want a cheap script because I've seen the competition in the gambling industry the big ones just eating the small ones until the small ones just fold up because they can not keep up.

You need a big sum of money, assemble a team to manage the platform, and the hardest part is the knowledge of the ins and outs of casino operation, if you're just a player you cannot grasp all this knowledge alone.

I have not yet surrendered my dream of running a casino I just don't want to make so many casinos made, maybe I can start with being a team that knows how to run a casino and be an apprentice in the management it will take some time to learn the ropes of running a casino but if I am patient enough maybe I can reach the level where I can say I can take a shot in running a casino.



 

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November 05, 2023, 05:02:08 AM
 #8

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

    -  Having my own casino is no joke, and I also never dreamed of having a business like that in real life. I would rather be the one to learn how to gamble than my casino business, which will be built to ruin their lives because of gambling.

We know that gambling, when it is not used correctly, drives a person to become addicted to gambling, which is not good for me. If it's okay with other casino owners, it's not okay with me. Even if we say that it's the gambler's choice, the casino still became an instrument, and that's why it happened.

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November 05, 2023, 05:25:24 AM
 #9

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.
Well sure, but I'd take my hands off with managing its marketing activities and whatnot though. It is rather easy to set up a crypto casino afaik nowadays though since gaming licenses are rather easy to get and gaming providers are dime a dozen out there. I'm pretty confident as well with starting out the website by myself as well. The only problem left really is bankroll, which is really hard to set up and obtain in my case. Maybe a few years down the line if it's still relevant I might try and give it a go. Probably not worth the effort by then though tbf.

R


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November 05, 2023, 05:38:41 AM
Merited by seoincorporation (1)
 #10

I have always wanted to be the casino owner and feel like Eddie, Stunna or Trump for a change. Something like that Vegas Mafia riding a lambo with a black suit and girls. Grin

But we can still relieve it in a part as an casino bankroll investor. A discreet method to be a partial owner of a well-reputed casino with no headaches regarding the technical side of setting up a casino. You set it up and I will fund it.

Currently I am investing in at least two of such casinos, it was more advertised in the older casinos, recent ones dont take interest in it. Sad

Dont forget that the only long term winners in casino are the casino owners/investors and affiliate marketers, not the players.

R


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November 05, 2023, 05:55:19 AM
 #11

But are you also dreaming about your own casino? Before you create a thread like this then means you have ambition of getting a casino site or planning to affiliate with other and that is why you are asking others to join the industry. And one thing I know is that for you to have a casino company, you have to be a gambler because at that you might at the danger, the cheating methods, and all the tricks of gamblers. But those who are not gamblers can also have a casino site but the knowledge will not be as the other person.

For you to own a company at least you have to know the details of the things to the in-depth. If you think that because people are making profit from the business so you decided to join without knowledgeable about casino, you won't survive. And some people are not good in business even though they are good in gambling. So they will at the side of always win games.









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November 05, 2023, 05:56:39 AM
 #12

I used to dream of building my own casino but as soon as I realized it would make a lot of money, I didn't go through with it. I don't have much money and even though it is a crypto casino, it still requires a lot of money.

We must realize that having a lot of money is a must in starting a business. Even though we can start with sufficient capital, it will never be enough because if we grow the business, we need additional capital. That is why only people with a lot of money can build casinos. They continue to try to grow it until now and this is proven by several old casinos that can still operate today.

And lucky those who can find investors willing to give them large capital to build their casino. They can also build the casino together with these investors.

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November 05, 2023, 06:13:44 AM
 #13

if you count owning a share to a casino that shares revenue, i guess i own one.  Grin

planning to own a casino this 2023 might just be the most ambitous anyone can do but also a good decision while crypto is booming. this will of course be a life changing plan as you will have to be very devoted to promote the casino. promoting a casino seem a tight job that requires a ton of hours every day. the competition of casinos online is very harsh so one decides to own one be dedicated.









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November 05, 2023, 06:41:11 AM
 #14

How many of you have dreamed about having your casino? Be the house and play the always-win game.
There are many other business in the world. I have dream to have a business but casino or any other gambling site like bookies has never been on my mind. Although it is lucrative to have casino business or if you have a gambling site because you will always make money from people as they will continue to lose more than win. To start and maintain a casino is not that easy too, you need money for it.

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November 05, 2023, 07:06:05 AM
 #15

How many of you have dreamed about having your casino? Be the house and play the always-win game.
There are many other business in the world. I have dream to have a business but casino or any other gambling site like bookies has never been on my mind. Although it is lucrative to have casino business or if you have a gambling site because you will always make money from people as they will continue to lose more than win. To start and maintain a casino is not that easy too, you need money for it.
If you are planning to have your own gambling business, please know that it requires a lot of money and it needs a well defined business plan, careful planning and industry expertise because this is not a normal type of business. you need to secure a funding (scout for investors) in this business and there's a lot of legal process before you build it. Casino business is considered as the most profitable but casino business can be a complex and challenging endeavor so it is crucial to carefully consider the various requirements and factors involved.



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Rainbot
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November 05, 2023, 07:15:07 AM
 #16

A dream to have my own casino is something unrealistic because of some reasons. It requires a lot of money to start which something that I may not have it unless there will be a big luck for me to earn huge amount of money. Other reason is because I live in a country where gambling is considered as an illegal activity or a crime, so it will be very dangerous for me to own my own casino no matter online or offline. If I have the chance to have my own casino, maybe I need to go to other location in this world where it is friendly enough for casino owner.

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November 05, 2023, 07:30:33 AM
 #17

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

I don't understand, you want to own a casino only to gamble there yourself? But what would be the point of doing it, since any money you win is already your money as it comes from the casino and any money you lose will be yours again as it goes to the casino. You would also have to account for taxes which would make this a bad deal in the long run. However, doesn't this take out all the fun from gambling as there is no real upside and you could also be gambling with play money as it wouldn't affect your financial situation. Owning a casino sounds like a lot of fun, but there must be a lot of work behind it and with so many casinos around these days the success is not guaranteed. After watching all the Oceans movies with George Clooney as a kid I also dreamed of owning my own casino one day. It would be so cool to walk around the gambling for and engaging with all the high rollers while drinking champagne. Unfortunately, this seems much more glamourous in the movies than the job would be in real life.  Another issue is that you need a lot of money to run a casino, because there could always be a winning streak for a gambler that would lead to large outflows.
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November 05, 2023, 08:10:06 AM
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 #18

In the past I dreamt about it, because it is clear to me that if you want to make money in the casino, the best thing you can do is to be the owner of the casino. It's not just about putting in the money, you have to be able to attract customers, manage bankroll, staff, and even then it can go wrong and you have to close down.

What I did in the past was to invest in casino banrkolls, and it went well, but nowadays I don't even care and I don't even know if the option still exists because I don't want to give up my private keys for extra profitability.

I don't rule it out in the future, but today it requires a lot of money, and to comply with more regulations, as has been mentioned.

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November 05, 2023, 08:42:55 AM
 #19

Dreamed about having your own casino? Yes, as a gambler, particularly in online casinos, I dreamed of having my own online casino. First, because I like gambling, I like the different games that are fun to play. But as I said,  I don't often go to physical casinos, and I'm not a fan of crowded places. Second, I want to have my own because you can learn a lot, but it depends on how I manage the casino.




Why did I stop dreaming about that? Because for me, it is impossible for me to build such a thing, yes, I can make a website, programme games, and build my online casino, website, or application. But the thing is, it's not that easy. Others are right; you have things to consider before you can build your own—financial, capital, management, etc.—and I only know about programming, so I stop dreaming, and eventually I realise that it's just a dream. At my age, I just want to play an online casino.

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November 05, 2023, 09:21:34 AM
 #20

As my knowledge and experience in gambling expanded, I have sometimes thought about having my own casino, but I have not tried it or taken steps to achieve it because I know I am not in a position in my current status to fulfill this. We all know that it's a business and it requires a significant investment. But, of course, we should be aware of the things that need to be considered, and it's not easy to do. It's nice to hear and dream about, but there is competition in the industry. It could succeed, or it might not. For me, the most important thing is that you truly know what you're doing, and you can't start a business without being interested or having a passion for this niche.

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