Quote from: Hobo66 on September 03, 2018, 07:54:40 AM

Quote from: wxa7115 on August 10, 2018, 02:31:48 PM

Quote from: nds407 on July 28, 2018, 10:03:12 PM

Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.

The costs of running a casino are greater than just having a big amount of capital to pay your players, there are too many expenses, like the servers, customer support, paying for the creating of new and interesting games that bring people to your casino and probably one of the biggest expenses of all which is marketing.

This industry like almost all of them is full of competition with casinos that have been established for a long time in fact if you take a look you will notice that some of the longest running signature campaigns in the forum come from casinos and this is not really surprising because the moment you stop promoting your casino then another casino begins to take new players that could have played in your casino if you did not stopped the promotion.

Yes that is right that there is a lot of competition between casino, if you want to open a successful casino for that you have to provide more facilities to their customers and only then they may be like to visit your online casino and play gambling there.

Any new online casino coming into this space right now must be willing to come up with something a whole lot unique than just what is being done normally which would probably attract gamblers. I really do not see most gamblers these days hopping around since they are already loyal to the site they are used to. It is a huge competition, and to be able to make it as an owner, you must be ready to think out of the box.