Create a website for gambling

skyboss

New Member
I want to know how to make a website so I can post games so people can gamble and i make money doing so. Who can help or show me how to bill a website??
 

lookingforward

Building Trust
Entrepreneur
Well its a complex system, to create your own gambling website will take a lot of time, + you will need license and will have a lot of problems with payment processing. Some provide whitelabel solutions but they will take a lot of your bucks as %. I am not saying its not possible, been creating casinos before with a team, but it is impossible to do it alone.

For example whitelabels can cost from 40k of setup fee and 10k monthly fee or 20% profit fee.
Creating own system will cost not less.

Also you can just create website and get games from casino games providers like "Evolution" "Netent" but it will cost also money.

So if you dont have atleast 100k in your pocked, dont even think to start, and dont forget about money for payouts.

So solutions : Whitelabel Casino or hire team of developers to develop casino games or create website with developer team and connect games by contract from Netent or other game providers
 

Madman

Active Member
Is there any money in this nowadays? With hundreds of online casinos you have to really work hard at marketing to make it profitable...
 

BNERO

Sole Introducing Agents
Mentor Group
Is there any money in this nowadays? With hundreds of online casinos you have to really work hard at marketing to make it profitable...
that's the tricky bit. Can have the most glorious online casino on the 'net but if you have no one coming to it....apart from the white label set up fee which I'm sure will be at the very least 50K, like @lookingforward says as well, the monthly fees will be very high also.

So you'll need to drive clients to the site. Affiliates and expensive marketing. At least 50k per month...and they want it up front, and no guarantees that the affiliate will bring in even close to what he charges per customer.

And it's a high risk business...so few payment processors will touch you, and those that will, will charge through the nose (think 15%+).

I think 100K is nowhere near enough to get started.
 

Madman

Active Member
that's the tricky bit. Can have the most glorious online casino on the 'net but if you have no one coming to it....apart from the white label set up fee which I'm sure will be at the very least 50K, like @lookingforward says as well, the monthly fees will be very high also.

So you'll need to drive clients to the site. Affiliates and expensive marketing. At least 50k per month...and they want it up front, and no guarantees that the affiliate will bring in even close to what he charges per customer.

And it's a high risk business...so few payment processors will touch you, and those that will, will charge through the nose (think 15%+).

I think 100K is nowhere near enough to get started.
Yeah you could lose 100K on the first day, all it takes is some jackass to put his whole deposit on one spin in a slot machine and get lucky..

Regarding payment processors, are you saying that when you deposit 100 into a casino, they only actually get 85? That's incredible that they manage to make any profit if that's the case. If someone just plays a bit of roulette and blackjack, they'd have to wager their entire deposit multiple times before the casino even breaks even..
 

BNERO

Sole Introducing Agents
Mentor Group
Yeah you could lose 100K on the first day, all it takes is some jackass to put his whole deposit on one spin in a slot machine and get lucky..

Regarding payment processors, are you saying that when you deposit 100 into a casino, they only actually get 85? That's incredible that they manage to make any profit if that's the case. If someone just plays a bit of roulette and blackjack, they'd have to wager their entire deposit multiple times before the casino even breaks even..
Almost. When a player deposits 100 into the casino, they still get a 100...however the casino has to pay 15 on the processing fee. Over time this fee will come down but I'd be surprised if they end up paying less than 5%.

Often the white label supplier takes a cut of the deposits as well, for support and so on.
 

Sols

Building Trust
Entrepreneur
And it's a high risk business...so few payment processors will touch you, and those that will, will charge through the nose (think 15%+).
Just in case anyone thinks that this is actually true: It's not.

Depending on license and jurisdictions involved, you shouldn't be paying more than a few percent for card processing for gambling. It's closer to 1.5% than 15%. Not unusual to be paying under 1% if you have an EU license.
 

BNERO

Sole Introducing Agents
Mentor Group
Just in case anyone thinks that this is actually true: It's not.

Depending on license and jurisdictions involved, you shouldn't be paying more than a few percent for card processing for gambling. It's closer to 1.5% than 15%. Not unusual to be paying under 1% if you have an EU license.
And where are those processors actually based? Without history there's zero chance you get rates like that, especially in the EU. Even long established Adult entertainment sites pay 4%+ still...
 

Sols

Building Trust
Entrepreneur
And where are those processors actually based?
The ones I work with are mostly in Europe (EU/EEA).

Without history there's zero chance you get rates like that, especially in the EU.
That hasn't been my experience. I have negotiated very favourable rates for gambling startups.

Even long established Adult entertainment sites pay 4%+ still...
Apples and oranges. Gambling and adult are two different industries with very different risk profiles and customer behaviours.

I'm not trying to convince you of anything (or solicit anything to anyone). Just saying that if you are starting an online gambling business with a decent license (EU/EEA, Curaçao) and you're being offered 15% to process cards, you're being ripped off and should keep looking for alternatives and know that the actual going market rate is lower.
 

BNERO

Sole Introducing Agents
Mentor Group
The ones I work with are mostly in Europe (EU/EEA).


That hasn't been my experience. I have negotiated very favourable rates for gambling startups.


Apples and oranges. Gambling and adult are two different industries with very different risk profiles and customer behaviours.

I'm not trying to convince you of anything (or solicit anything to anyone). Just saying that if you are starting an online gambling business with a decent license (EU/EEA, Curaçao) and you're being offered 15% to process cards, you're being ripped off and should keep looking for alternatives and know that the actual going market rate is lower.
Fair enough, you are right Adult/Gambling are 2 vastly different businesses. One of my clients has a FX brokerage and paid upwards of 15% in the first 6 months until he got some history...and he was regulated! Certainly wasn't from a lack of trying/shopping around.
 

Sols

Building Trust
Entrepreneur
I guess Vanuatu or some other offshore jurisdiction? For forex, you need to have at least a CySEC license to be able to get good pricing on your card processing. 15% is murder if you hold an EU license, and quite outrageous even for offshore licensed.

I rarely see another beyond 10% even for unlicensed forex.
 

BNERO

Sole Introducing Agents
Mentor Group
I guess Vanuatu or some other offshore jurisdiction? For forex, you need to have at least a CySEC license to be able to get good pricing on your card processing. 15% is murder if you hold an EU license, and quite outrageous even for offshore licensed.

I rarely see another beyond 10% even for unlicensed forex.
He's licensed in the Caribbean. I was absolutely shocked at the rates he got, and PP's he was introduced to.
 

Latest Threads

Top