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Do you want to own your own casino?

darko asked 3 years ago
If you had the chance, would you own your own online casino?
36 Answers
darko answered 3 years ago
on the other side there is the privilege you don’t have to worry about serps, ppc, bringing traffic, as you have affiliates who do it

bonus-map answered 3 years ago
@darko 224083 wrote:

on the other side there is the privilege you don’t have to worry about serps, ppc, bringing traffic, as you have affiliates who do it

On the other hand, better to worry about the serps rather than about annoying affiliates like us:hehe:

Dominique answered 3 years ago
Nope. Being an affiliate and running a casino are two totally different skills. Just because I know how to be an effective affiliate doesn’t mean I know how to run a good casino.

Plus it takes a ton of money to be able to guarantee winners and affs are paid, and the processing is a huge head ache.

Not me.

TheGooner answered 3 years ago
@Roulette Zeitung 255198 wrote:

You don’t need to cheat players. As long as Endorphin flows through the brain during gambling, every serious casino owner can sit back and relax with a cup of tea.

We SHOULD all know that a casino / sportsbook / poker operation is profitable in a long term – on the gaming tables at least. The laws of probability and large numbers let us that it’s hard to beat the house.

But if you move into ownership then you need to deal with a lot more than drinking a cup of tea.
:shhh:

It’s a significant step up from running an affiliate business which can usually be done as a 1 man operation with a little bit of outsourcing for special skills and a whole lot of sweat equity by the affiliate.

You will have licensing issues, royalty payments, operational set-up issues, security patches, server decisions and capacity plans, game updates, staffing issues for contact centre (phone lines / email operations / payments) and a whole lot more details.

Being a successful casino owner requires a significant investment of time / effort and money. Those profits on the tables need to cover a whole lot of other stuff behind the scenes.

(at least that’s the way I see it).

Martins_ answered 3 years ago
It depends, if for you money is not a problem you can take the risk. But of course managing a casino involves lots of different work.

Roulette Zeitung answered 3 years ago
Buy a little roulette wheel from Ebay and play with your friends every evening for four hours. You are the casino, your friends are in the role of players.

Watch the casino chip counts after one week.

Leopold

green0 answered 3 years ago
I prefer being an affiliate. I mean, it looks like a hell of a risk to open a casino.
I’ve been working with Caesar’s online casino, and it’s working fine for me.

Roulette Zeitung answered 3 years ago
If you know the math of gambling, then there is no better way to have an own casino. The lowest house edge is below 1%, if a player plays perfect Black Jack basic strategy, but it’s still an advantage. Most players are losing 5-12% depending on their (lame) strategies e.g. never bust or mimic the dealer.

Most online roulette tables are eating up the simple chances in full if Zero hits. That is a safe 2,7% house edge in the long run. Because of using different progressions most players are losing all.

But … human being … without money greed?
Impossible!

So … some crooks gave you the chance to open your own casino …

And you was able to adjust the house edge as you like …

Look under “Admin Features” …

Last entry (“Set Casino Payout/Profit“):

29oo77a.jpg

Source: http://web.archive.org/web/20040622061119/http://www.start-your-casino.com/

You don’t need to cheat players. As long as Endorphin flows through the brain during gambling, every serious casino owner can sit back and relax with a cup of tea.

Leopold

SportsBets4Free answered 3 years ago
I would like a casino in Vegas for sure!

premiumbrands answered 3 years ago
Probably too much stress being casino owner <span title=” title=”” class=”bbcode_smiley” />