Post
Topic
Board Gambling
Re: Is it profitable to run a dice gambling site?
by
Arcteryx
on 26/03/2016, 17:44:29 UTC
I wonder if it's profitable to run a dice gambling site (like dicecoin.io) ? I'm seeing that site has 30,000 BTC wagered in 2 years.. Huge amount.

Certainly it's not easy to operate, promote and maintain by one person but I can absolutely code a site. Is it worth to start?

Have a good night Smiley
But you have to consider what the payout of the winnings will be. Of that 30,000BTC I would imagine 3/4 of that are paid back to the players. I don't know how dice sites work but it is your typical gambling ideology of how most of them operate. Is the probability for these sites better than roulette? I wouldn't know that either but if it is, then that payout seems about right.