How much money do you need to open an online casino?

How much money do you need to open an online casino???

Through official bookie offices and by franchise. It’s clear how much money is needed. (I’m curious how much is needed for an online bookmaker?)

There are also ready-made casinos for sale. Prices also vary a lot – from about a mil up to 100 mil.

From 30 to 50 thousand euros. + 200k euros for payouts and frills.

The answer is on our forum and on the website. If you look.

PS: you can buy a script on the internet for 100-1,000 bucks and try to promote it. That’s how Three Sevens and other “shops” work.

Well, we’ve got a bit of a handle on the casino price, about 3 million rubles. ttr says roughly the same. If we’re talking about a casino as a business, that’s not an astronomical amount. 

What are the advertising costs at the first stage??? 

regarding the 200k euros for payouts and trinkets: judging by how many casinos pay out small amounts, they probably don’t even have 10k euros. I mean, you can create rules like in the casino Zigzag666 and pay 45k rubles for weeks. (just as an example)). As for bonus policy, there’s a whole field of untilled imagination. It seems to exist, but in reality it doesn’t (I won’t list casinos)

Don’t think it’s all that easy and simple

A decent-level casino is a million-level investment (and not in rubles)

Here’s a casino for three mil. So where are the million-dollar expenses??

I don’t think it’s easy business or easy money, etc. It’s a hard and not-easy business.

But let’s take TTR – who is he even before the casino??

With that approach wouldn’t it be easier to buy a script and not pay at all, and once a month change the address and the name? 

So those millions are needed only for the opening, but read how much a casino earns from every lost dollar. Only pennies go into net profit and you can reliably make money only with a large number of players or with maximum cost-cutting that will scare players away.

99% of those casinos when cashing out 15k will fleece you three times, and the other 50% of casinos will take two weeks to pay out 45k. 

this 1xSlots I put 50k on, a couple minutes later it came. and all these Argo, Buran ones – how long does it take them to withdraw 45k????? there are tons of them

Igrovoy, Trisemerki and one other casino were paying out. And they were scripts. They didn’t scam, they didn’t ask for anything except a passport.

There was a great loyalty program. Cashback.

But people screwed it up, because these were scripts.

You can even make a candy out of s**t.

Well, there was a time when everyone played on scripts))) Many players promoted scripts and forums. but now it’s hard to find who promotes scripts))) well you buy a script the next day, you’ll send it to the blacklist yourself.

let’s continue in the vein of casinos for 20-50k euros. do you need big expenses for advertising???

For a casino to make even a bit of profit in the long run, the monthly betting turnover needs to be at least a million euros. And that’s a huge number of players or a bunch of sheikhs. Sure, you might get lucky and all the early players will lose all their money, but you don’t count on that in business.

At least the same amount again

ttr says the minimum should be 100k euros. and in the best case or for stability a million

Much more.

TTR is kind of right. If there’s no database. like he has.

ok.  for advertising another three million . all together 6 million.any other expenses???

TTR talks a lot, but that doesn’t mean he’s the truth)

1. Everything depends on the market you’re going to target. licenses, the platform the casino will run on, the number and method of connecting providers

2. Limits, daily, monthly.

3. Method of PR

Well, listen to TTR then, why ask. He doesn’t say anything outright, you need to be a bit in the know yourself for the promo to take off. You can get your casino seen among popular foreign streamers, buddy up with them, they’ll even put banners for you. That’s how TTR promoted himself on the foreign market; top streamers had banners for TTR casino

so advertising needs 6mln rub. that’s 9mln rubles in total.   any other expenses?

If the money side is roughly clear, the issue is the profitability of opening it. Right now every newly opened casino, so to speak, closes one or several older or not-so-advanced other casinos. So many casinos have closed on SoftSwiss alone. The heavyweights stay afloat – like BitStarz, Joy, PlayFortuna – where there will always be players. And the rest make do with small skirmishes over depositors.

I don’t consider TTR a Guru. and all the more his manner of speaking. that everyone is idiots. and he’s d’Artagnan. He didn’t earn money thanks to brains or his own money. I remember when he was making videos about doshiki (instant noodles) and streams with $100 and then sending casinos to the blacklist. because with $100, what is that supposed to give)) and how the two gurus TTR and Shamil for $1000 dumped friends with sh*t. because someone didn’t work off that money)). But I’ll give him a small plus: that he moved from doshiki to paella.

besides, I’m not arguing with anyone and don’t even try. I only listen to many respected forum members)))

I saw casino sites being sold turnkey online for 1,000 bucks, but there’s a worry that you buy it, it will run for a bit for you, and the original creator will restore access to the casino.

Better to build your own site and it won’t be especially expensive. You just need to find a good programmer, connect to providers and hook up payment gateways, and of course get a license – in general it’s a lot of work and not just one month……..

One Lekha is an optimist)) unlike all the pessimists. Keep it up, Lekha ))) 

Ready-made casinos are different too. Some are for a million, some for 10 million, some for 100 million. In the casino listing there’s how many players they have and the revenue. Whether that’s true or not is another matter.

Actually, the question is pretty relative. Because opening a casino, hooking up licensed providers and getting a license even in Curaçao costs insane money. I reckon opening a decent casino, with at least some reserve for payouts, providers and a modest advertising campaign will cost around ±20 million, obviously not pocket change, and who knows when it’ll even break even.

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no, that’s bullshit, nobody is going to sell their own business for money if that business is already bringing in good money anyway. There’s no point, this is just a straight-up money scam…….