Do you think owning A gambling site is more profitable?

[Strongkored]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

Of course, because a casino is a business, and those who own it are running a business, and we know that the focus of business is profit. Unlike players, while some hope for profit, others primarily focus on enjoyment, knowing that winning in gambling isn't predictable or targeted, as luck is a major factor.
However, succeeding as a gambling site owner isn't easy, as capital, as is the team working to develop the site, is crucial.

[Asuspawer09]

Owning a gambling websites is surely going to be more profitable but for sure it has more risk since it's going to be a business it will involved a huge amount of money that is being at risk, you need to deal with a lot of stuffs, legalities, taxes etc. but it surely going to pay if you have user's or players around the globe, depending on marketing or how you are going to run, or is it going to be successful or not. Probably just going to be the same gambling or own the website just means more risk, if your luck then you are going to win huge if not, you are going to lose a lot. I never own a gambling casino, but I have experience in starting a business.

Scam gambling websites are getting popular for sure, because there was surely a huge amount of profit in that. There are a lot of people getting scam for sure, which is why there are a lot of scam gambling websites out there that is being launched.

[Shinpako09]

Since you've seen the influx of gambling sites, that says it all. I won't say you will automatically become profitable once you launch your own site. There may be a lot of gambling sites launching, but not all of them survive. The most important thing to consider is budget. If you have a sufficient budget, maybe you could survive. Others go bankrupt because they thought it's just like that, not until there’s a high roller or whale who plays. So, it's not as easy as it seems.

[Pi-network314159]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

It baffles me to see that someone of you caliber who have understood all this will still be asking such question. Of course everyone knows that casino owners are more profitable than Gambler. If casino business was not that profitable then it wouldn't have been a competitive market as it is today.

[alegotardo]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

Is it profitable? It depends!

It depends on how much money you have to invest, because it all starts with creating a secure website that complies with regulations (assuming the site is 100% legal). Then there is the cost of acquiring a license, costs for advertising campaigns and bonuses to attract new players, because gaining reputation and trust nowadays is complicated, especially considering the high level of competition. And of course... you still need to maintain a sufficient cash balance to cover the checkout of a few lucky players who will quickly empty your account until you can generate revenue with new deposits.

If you have the money for all this and also know how to manage it well (you need experience in the field), then I would say it is possible to earn more money than with an easy bet, because the house advantage will be on your side, not against you.

But honestly, how many people do you think have this profile?

[nara1892]

I don't know but owning a gambling site should be much more profitable than being a regular player, actually without having to discuss this topic further such as linking it to the signature campaign I think just the fact that “the bookie always wins” is enough to answer your question because everyone knows that the percentage of losses in gambling is much higher than wins.

[Samlucky O]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

They are definitely making profit because every now and then new casino emerges or surface into the space and people sign-up and start gambling. Looking at this forum alone you will notice a whole lot of gambling casino both old and new, and many are still making way to open new casino. With the rate of loses from gambling alone will make you know that people are losing more to the casino which is the house edge, and this is what is attracting more people to register and become a casino owner. The profit margin may be equated as %95 %5. Which means that the casino is making over %95 profit. This make casino more profitable than Gamblers. Although there may Also be risk associated with casino owners since no business without risk. But still it is profitable compeard to Gamblers.

[WhoYouCantKill]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

Sorry OP but is this topic about whether owning a gambling site or a casino is more profitable than than merely just gambling or whether owning a casino is the newest way of scamming people, cos I kinda got confused at some point. Because everyone knows that by far owning a casino is far better than just being a gambler, at least you’re running a business, compared to just being a gambler which isn’t a business or a reliable way of generating income, so I’m confused here, are you really asking this question because you don’t know or because you already know but just seeking for other people’s opinion and thoughts?

[vanesha]

After that you would see them becoming less active on their ANN thread most of them hardly reply while some still find little space to still attend to people but some doesn't. Is gambling site the new way of scam people since many people have became that clever towards to token launching and most do not make it true that and they find it that easier to scam people through gambling.

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

If they intended to scam from the very beginning, then clearly the gambling site owners would make huge profits. I believe some gambling sites are deliberately created as scams under the disguise of a casino. However, legitimate gambling sites that truly operate their platforms properly do not aim for quick and massive profits. Instead, they focus on gaining user data and trust over time. That approach is fairer and more deserving of trust—provided that the casino site is genuinely responsible and transparent in its operations.

[cryptoaddictchie]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

Running a legit gambling site can be profitable, but it requires big spending on licensing, games, marketing, and maintaining trust. Experienced owners say real profit comes from long term player retention, not quick cash grabs. The issue is that some launch cheap sites, promote heavily, then disappear after gaining deposits. Owning a serious casino can be more stable than gambling, but only if it’s built for the long run.

[yhiaali3]

I don't know what you mean by this question because the answer is quite obvious. Of course, owning a casino or gambling site is far more profitable than gambling, there's basically no comparison between the two.

However, owning an online casino or gambling site isn't easy. It requires significant initial investment, but then the profits become unimaginable if the casino achieves success and widespread adoption. The beginning is only difficult because it requires substantial capital and also time to build a good reputation and gain user trust.

[Outhue]

If you have enough money for business then run a casino you will make a lot of money, casinos are one of the most lucrative business in the world, people can't do without gambling around the world.

You will need to spend money on ads and other to atleast create some awareness at first, this is a necessity in gambling, it is a must to get your name out in the public to attract people around the world. Owning a casino is far more profitable than most businesses around the world, and and anyone trying to compare profit between casinos and gambling don't know anything, they are not even close.

[Free Market Capitalist]

What do you think, is owning a gambling site that more profitable than becoming  a mare gambler?

If you own a gambling site, you have HE on your side, whereas if you bet on it, HE is against you. Seen this way, it seems like simple math, but there is one caveat: a gambling site is a business, and if you want to make money, the business has to work, which is no easy feat.

To start with, you need to have a lot of capital. I remember someone saying in another thread that it was a minimum of $100K, that's the absolute minimum, and if, for example, you only have $20K, you'll have to take out loans or look for partners, which increases the risk and the hassle. Whereas if you're a gambler, you can deposit as little as $10, which makes a big difference.

Then you have to manage the casino, you have to make it work, which is not easy, and if you don't succeed, you will have lost your monetary investment and the time you invested.

That's why I say it's not as easy as it may seem. 

[Cityhunter34]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

Common mate, these are the things that we keep on preaching all the time. It has been said several times here that the game is for the casinos for profit more than the gamblers, so without even told we are meant to know by ourselves because as a gamblers that normally gamble all the time would understand that the house are the ones benefiting because it is easy to know how many times you had winning, while you can never calculate your losses.

That is exactly why they said we shouldn't take it very serious, rather we should just view it as an entertainment or having fun with the amount that we can afford to lose because there is no guarantee of winnings in the game.

[Bitinity]

In general or in theory, no doubt that owning a casino is more profitable than being a gambler. While in the reality, being an owner of a casino is also risky and there is no guarantee that the casino will be able to survive due to so tough competition in the industry. There were many casinos that unable to survive while they have spent some money or in other words is that they have not made any profit yet.

[Mpamaegbu]

With the high rate of casino being launched on a regular basis, I want to know if having a gambling site is that profitable or does it mean that is the easier way to scam people who are making use of the gambling site?

<snip>
What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

Owing a gambling site is profitable and that's why we find so many of them spring up here and there. I don't believe these sites make money because they scam gamblers. Nah! It's just that there are more gamblers who lose than win. It's a business. There's no way the house won't have an edge on players. From where I stand, I think that edge counts for the gains these gambling sites make; not that they're scamming. Yeah, I know there are bad eggs amongst them. It's expected in every business. Bad eggs will always be there.

Owing gambling sites pay more than those who merely gamble.

[swogerino]

With the high rate of casino being launched on a regular basis, I want to know if having a gambling site is that profitable or does it mean that is the easier way to scam people who are making use of the gambling site?

Of recently I have seen the much influx of gambling site and you can't really tell which is Good or not, what we do see is that after launching their sites they look for a way to run sig campaign in other to attract people to their gambling site, and some could be just a month or two months after run that and they have gain exposure, and users trust you would see them ending the sig.

After that you would see them becoming less active on their ANN thread most of them hardly reply while some still find little space to still attend to people but some doesn't. Is gambling site the new way of scam people since many people have became that clever towards to token launching and most do not make it true that and they find it that easier to scam people through gambling.

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

There is the golden rule that I say it often here in the forum which is that there are indicators of how to spot a good casino that most likely will not scam anyone (no real way to predict what will they do in the future). These indicators are easy to spot and start with knowing for how long a casino may have been here in the forum, for how long they have operated a signature campaign and the longer they have the higher the chances of them being a good one, last but not least is activity and feedback in their ANN thread, as long as it is positive and their ANN thread is many pages long that is another good indicator. Casinos who do not meet such requirements should be looked upon with doubt.

[YOSHIE]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

The gambling industry is often synonymous with business, where every business has a positive and negative background, this is regardless of any fraudulent activities.

If you are a player/user, not the owner, you will definitely come and play. If you win, of course you will get money and if you lose, you will give them money, but every venture and business that we want to develop is of course the ultimate goal of achieving as much profit as possible.

Conclusion: every gambling business that you want to develop, of course depends on how we do it, the point is that in today's era with technology and various supports, developing an online gambling business is something that is promising.

[viljy]

There is no doubt that owning a casino is more profitable than being a gambler, since casinos are a business, and gambling is not a source of regular income for a gambler at all. But, as I understand it, the OP is not asking about normal casinos, but about "one-day casinos", in fact, about a scam. Of course, being a fraudster and having your own scam casino website is much more profitable than being an ordinary gambler. But only until the fraudster is thrown into a prison cell. It is already a personal choice of who to be in this life and what kind of payback to bear for it. Not everything in life needs to be evaluated in terms of profit. This may not lead to the expected consequences.

[Dechris_08]

What do you think, is owning a gambling site that profitable than becoming  a mare gambler?

Of course owning a casino is more profitable, you have a guaranteed mathematical edge on every single bet, while gamblers have guaranteed negative EV.

Not every casino that ghosts is a scam, some just fail because they underestimated the competition and capital requirements.

Running a casino sounds like printing money until you realize you need six-figure bankrolls to cover variance, marketing budgets that rival your revenue, and you're competing against giants like Stake who have unlimited ad spend.

I'd bet half the scams you're seeing are just broke founders who ran out of money and couldn't admit defeat.

The real scams are the ones who collect deposits, then claim they got hacked right before disappearing.