Do you think owning A gambling site is more profitable?

[AmoreJaz]

Yes, owning a gambling site is more profitable but you also need to consider the disadvantage  like your site being hack and other related cases, you know a lot of people thought about opening a gambling site but after considering the disadvantages then they just let go off the plan, for me I would prefer betting alone I never thought about opening a gambling site because I just feel that it is very risky considering the rate of scammers in the media lastly but those that really trust their security can also look into that but as for me I just feel that the security might not be enough because scammers has a lot of tools to use in getting whatever they want.

It is profitable if you have the resources that you need, right people that you are collaborating with, the skills that come with it - managerial, financial and all nine yards. Just look at the top casinos that we have here in the forum. They won't survive long if they are not getting profits out of their business. But of course, it will be different to those fly-by-night casinos which has the aim of scamming people. Their goal is usually short-term because the first thing in their mind is how to exhaust money as many as possible and plan for the exit game.

[ZeroVinsonN]

Let's for now completely ignore the whole issue on scam for now, do you really think there would be this much casino out there if it wasn't a profitable endeavour in the first place, maybe you don't know but there is slot of money to be made from running a casino but for the most part you have to be very financially capable first before you can start your own casino, it's not a cheap line of business so you can just jump into it on the impulse of wanting to make money out of it

[Onyeeze]

This question is laughable because nobody knows they are intention of having a different kind of Casino gambling platform everywhere I believe that there's no gambling platform is making casino owners reach and that is why many people is able to establish a casino gambling platform in order to make money the way other people are making money, you know so many of illegality gives money and I believe that this particular gambling platform being casino the owners are making much profit on it on a daily basis because the number of people who lose in Casino is higher than the number of people who wins in casino so it is understanding

[serjent05]

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

I always think that owning a gambling site is way more profitable than just being a gambler.  Just think of the house edge, this simply means that the house have more chance to win than the player.  In addition, most games are created to profit the house, just like in slots, the RTP of less than 100% means the players balance will get drained eventually.  We can attest to that since slot players experienced such an event.

[Miles2006]

Op raised two issues involving “scam and profit”, which ever way you think is more popular either scam attempt or profit making then it’s totally acceptable viewing everyone has a different opinion concerning gambling site. I doubt if scammers really give full attention into growing a gambling site so it’s obvious from the start and if observing such it’s best to avoid the casino fast meanwhile owners of gambling site are really making good profit as a result of gambling growth over the globe, the immense growth of gambling activity is much more populated so it’s safe to say they’re earning profit likewise gamblers.

[Nwada001]

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

I don't even know the right sarcastic way to use and respond to your question; I could not figure out which is right.

The gambling industry is one among few companies that are more profit-oriented than the possibility of running a loss, especially comparing them to their customers. How much can a gambler possibly win to meet up with the losing rate and the casino profit from all the time?

[coin-investor]

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

In any industry, the owners are the ones who benefit a lot. In the case of gambling, where it has an edge, you can make a lot of profit, but the gambling industry is no easy business; you need a lot of money, expertise and the right people to run your business.
But if you did all the right things, the profit is unimaginable, just take a look at the top casinos like Stake.com thry are in a stable position in the industry.

[Maslate]

Yes, no doubt. No wonder why a lot of online casino platforms have been advertised in the social media nowadays, this is a big proof that despite of the high market competition, the returns of casino business is always life-changing. Rather than being a gambler alone, if there are opportunities, I would always want to be a gambling site owner.

In addition, in gambling, the house always wins, so just imagine how massive the income of the owner if most often, majority of the gamblers are losing. Just do the math.

[Accardo]

I always think that owning a gambling site is way more profitable than just being a gambler.  Just think of the house edge, this simply means that the house have more chance to win than the player.  In addition, most games are created to profit the house, just like in slots, the RTP of less than 100% means the players balance will get drained eventually.  We can attest to that since slot players experienced such an event.

Don't you think it's not simple to run a casino business, rich executives go bankrupt operating a gambling business, the industry is so competitive that every house must spend so much to keep the business going. Payouts is somethingelse, staff upkeeps, site maintenance, government tax, Etc. The expenses are quite high, casinos have to leverage by all means to run effectively, that's the main reason players have to lose all the time.

[Yamifoud]

I guess you know the answer already but you only want more validations.

Well, just try to observe what most of the social media influencers are doing. Majority are now promoting gambling casinos because the payout offer is definitely life-changing, which means the income from the casino itself is way bigger than other types of businesses.

And the mere fact that gamblers keep complaining of their losses, that goes to say that while they are at huge loss, the casinos for sure are celebrating their wins and profits.

[Die_empty]

Don't you think it's not simple to run a casino business, rich executives go bankrupt operating a gambling business, the industry is so competitive that every house must spend so much to keep the business going. Payouts is somethingelse, staff upkeeps, site maintenance, government tax, Etc. The expenses are quite high, casinos have to leverage by all means to run effectively, that's the main reason players have to lose all the time.

Casino business could be done in small, medium, and large scale. Those who want to start a big casino need high capital because they would have pay developers, regulators, and staff. A small or medium-scale casino might start small and grow gradually as the business progresses. Physical casinos need more staff than traditional ones.

Online casinos don't also need to pay for expensive physical space where the gambling activities will take place. Online casinos have more means of avoiding these expenses. They don't require a large staff or expensive physical space. To compensate for poor staffing, they utilize trained bots to provide some services.

[Mandoy]

Don't you think it's not simple to run a casino business, rich executives go bankrupt operating a gambling business, the industry is so competitive that every house must spend so much to keep the business going. Payouts is somethingelse, staff upkeeps, site maintenance, government tax, Etc. The expenses are quite high, casinos have to leverage by all means to run effectively, that's the main reason players have to lose all the time.

Casino business could be done in small, medium, and large scale. Those who want to start a big casino need high capital because they would have pay developers, regulators, and staff. A small or medium-scale casino might start small and grow gradually as the business progresses. Physical casinos need more staff than traditional ones.

Online casinos don't also need to pay for expensive physical space where the gambling activities will take place. Online casinos have more means of avoiding these expenses. They don't require a large staff or expensive physical space. To compensate for poor staffing, they utilize trained bots to provide some services.

It is not an easy task to own a gambling site which can be profitable. Operating a casino- online and offline is associated with high expenses that include payouts, payroll, maintenance and taxes of the site. Big casinos take enormous amounts of capital to compensate developers, regulators, and workers, whereas the small ones develop gradually yet have difficulties. There are also advantages online casinos that include reduced overheads and reduced number of staff as they may be bots that perform automatic work, but the competition is stiff. Sustainable profits require management, shrewd marketing, and absolute compliance with the rules. Yes it can be profitable but to the wise planner and doer.

[Grace333]

Every gamblers assume that owning a casino is very profitable because they lose frequently to the casino, but you never know, until you’ve indulged in it yourself. There’s a quote that said “The person who put on a shoe, knows exactly where the shoe aches”. For someone with determination to start up a casino business, you’ll definitely do your market survey so you know the pros and cons of what you’re about to invest in. On here, you’ll only get a random assumption, because most of us here are gamblers.

[Yaunfitda]

Every gamblers assume that owning a casino is very profitable because they lose frequently to the casino, but you never know, until you’ve indulged in it yourself. There’s a quote that said “The person who put on a shoe, knows exactly where the shoe aches”. For someone with determination to start up a casino business, you’ll definitely do your market survey so you know the pros and cons of what you’re about to invest in. On here, you’ll only get a random assumption, because most of us here are gamblers.

It could be true but rarely we see casinos closing because they have lost money to gamblers. That is because there are ways for them not to go bankrupt, like there are a limit for how big you can bet, in every game and it's called max bet to protect the casinos. So even if you are a big whales, you can't just go and bet millions in one sitting and make the casinos suffer. And if some casinos closes, another one opens, so it means that there are serious business owners who are willing to invest and put up a online or land base casinos and get their ROI maybe in the next 5-10 years or even less. And after that it's all profit for them.

[Zadicar]

Don't you think it's not simple to run a casino business, rich executives go bankrupt operating a gambling business, the industry is so competitive that every house must spend so much to keep the business going. Payouts is somethingelse, staff upkeeps, site maintenance, government tax, Etc. The expenses are quite high, casinos have to leverage by all means to run effectively, that's the main reason players have to lose all the time.

Casino business could be done in small, medium, and large scale. Those who want to start a big casino need high capital because they would have pay developers, regulators, and staff. A small or medium-scale casino might start small and grow gradually as the business progresses. Physical casinos need more staff than traditional ones.

Online casinos don't also need to pay for expensive physical space where the gambling activities will take place. Online casinos have more means of avoiding these expenses. They don't require a large staff or expensive physical space. To compensate for poor staffing, they utilize trained bots to provide some services.

It is not an easy task to own a gambling site which can be profitable. Operating a casino- online and offline is associated with high expenses that include payouts, payroll, maintenance and taxes of the site. Big casinos take enormous amounts of capital to compensate developers, regulators, and workers, whereas the small ones develop gradually yet have difficulties. There are also advantages online casinos that include reduced overheads and reduced number of staff as they may be bots that perform automatic work, but the competition is stiff. Sustainable profits require management, shrewd marketing, and absolute compliance with the rules. Yes it can be profitable but to the wise planner and doer.

Not just that talking about easy task but rather its something a business that you would be needing up that big capital. We do know that this business isnt something that you can start a few thousands because if you would be just that looking on the capital or bankroll then it would be something that more bigger and we do know about financial status and capability of most people is that we arent that capable on building up such business excluding of course into those who do have multi-millions on which they can be able to make up these kind of businesses and this is something the reality. There are those who do make up some corporations or having that multiple owners but of course its not something that still comes cheap. Whether we do speak or talk about online or offline casinos on which the amount that you do need up to shell out. Speaking about profitability then there's no doubt that this business is making up some good revenue because if its not then we wont be seeing tons of them in the market.

[Oluwa-btc]

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?

You can decide to own a casino site and still be profitable or not, because merely you would've to go through a whole process of maintenance and out things in place.overtime there have been much records of gamblers to gambling site but of recent now there have been so many openings of casino sites to make gamblers have access to different gambling sites and with that you can find some that are scam and reputable ones as well but yet becoming a gambler is more profitable to me cause keeping up to most policies regarding the sites and also loosing sometimes to gamblers.

[AmaGold70]

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?

Owning a gambling site is actually a lucrative business, considering the number of people who gamble and their rate of winning, most people who gamble make more losses than they make profit. More also, not all gambling sites are genue, while their are some gambling sites that are trusted, their are also some that are scam and it is necessary as a gambler to identify those gambling sites with low trust score and poor customer service in other to avoid scamming.
Obviously, owning a trusted gambling site is far profitable than being a gambler.

[eisen33]

I think a casino is just like many other businesses everything depends on how well you’re able to manage it. But beyond that, there’s also a moral aspect. Are you comfortable making money in a place where other people are losing it? If that’s acceptable to you, and you’re a good manager, then I believe a casino can be a solid business.

[junder]

It's obvious that owning something, not just a gambling site is going to be profitable in the long term, because it's business. And you are not going to enter into this kind of operations if you know that you are not going to make a lot of money.

And looking at any gambling sites, I will assume that they are in the net positive with the growing numbers of gamblers around the world. But the question is, do you have that kind of money to put up a business? Because you will need a lot of money to established it and then be running and operational for years.

What you said is true. If we knew this kind of business had little chance of being profitable, we wouldn't have the intention of starting it. I've considered creating a gambling website, especially since I have a friend who's an IT expert. But when I asked him to join, he refused. I don't know why. What I do know is that he's not interested in gambling, even if it's profitable.

[Oasisman]

Obviously yes. Just like you said, a bunch of casinos being launched regularly, that's a good indicator of a business model who's thriving and making good profit.
Though it may sound like an easy setup, but it's pretty much challenging at the very beginning, considering how tight the competition in the gambling industry today. So, those who thinks their website didn't attract more players like others do, when they grow very impatient, that's where they start scamming people just to break it even or at least get some profit for their effort.
If their gambling business lifts off, I don't see them any reasons to scam people, not unless if they can't keep up with the competition. Some people are just too lazy to do the dirty work, because they think it's easier to just run away and steal other people's money, and I think it's easier for them to scam people if there's a growing significant amount of players being interested in gambling.