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Where more money on the gambling industry: online or offline?

Discussion in 'General Business' started by Solodisef, Feb 23, 2015.

  1. #1
    Where it is possible to earn more in gambling: online or offline? Now I'm interested as the owner, and not as a player.
    I think, or make the network of gambling sites? Or in my town to organize something like a bookmaker or any other gambling.
    In what firm handle on the software and hardware, if that?
     
    Solodisef, Feb 23, 2015 IP
  2. jrbiz

    jrbiz Acclaimed Member

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    #2
    Well, bookmakers generally make a lot of money but they also are at very high risk for going to jail. Especially for activities involving their deadbeat customers. :) Internet gambling may or may not be a safer bet from a legal perspective because it depends upon where you and your business are based and your local, state or federal laws regarding gambling. Other than these legality issues, both business opportunities have the potential to generate significant revenues for the owner.
     
    jrbiz, Feb 23, 2015 IP
  3. Snoopy240

    Snoopy240 Well-Known Member

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    #3
    I think Online. Since a lot more people are coming to play online. Since it is more private and a faster way to gamble, a lot more people are doing it online :)

    I wish you the best!

    Cheers! :D
     
    Snoopy240, Feb 23, 2015 IP
  4. Sycrid

    Sycrid Well-Known Member

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    #4
    Online. Simple as.

    I worked in this industry for a while, and although they have the classic shop based gambling options which are still quite profitable. They reach more people and return more money via the online option. It's less effort for them with bigger returns.
     
    Sycrid, Feb 24, 2015 IP
  5. antoseeg

    antoseeg Member

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    #5
    The answer to this is simple: Wherever you can generate the most customers at is where you will make the most money at. Wherever your marketing skills are best at, is where you should focus on. You should also take into consideration if you have enough money to successfully compete in the offline casino world.
     
    antoseeg, Feb 25, 2015 IP
  6. eric_wahlberg

    eric_wahlberg Well-Known Member

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    #6
    Why don't you try both options. You will learn yourself. Going offline can be quite risky in your neighbour-hood, but income is guaranteed.
    While in online, you have to work consistently hard to make it work, yet it is safe which means you won't have cops visiting your den.
     
    eric_wahlberg, Feb 26, 2015 IP
  7. Profitup

    Profitup Greenhorn

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    #7
    Online is more simple, more safe and faster. That's why I would choose online only.
     
    Profitup, Feb 26, 2015 IP
  8. Rado_ch

    Rado_ch Well-Known Member

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    #8
    I honestly don't see how one can build a good offline gambling business, let alone profit from it. A comparison with online gambling is like comparing a 30yo Volvo which is one step away from the junkyard and a brand new Mercedes .

    The way online gambling works is you almost always get a ready-made platform and tweak it (unless you have the developers who can build a brand new one from scratch). Most such companies are registered on exotic places like Gibraltar, Curacao or some islands you have never heard of, just so they can bypass certain taxes and gambling laws. Otherwise, as an owner of such business, you will soon face costs you will probably not be able to afford. Further down the line there is another thing to consider. How good your product and offering is will get you a veeery, veeery small piece of the pie (if you're lucky). This business is controlled by a very closed society and they have their own web of connection with good players. Being in that business for a while I know darn well that a few big players are much better than a lot of small punters. Having a great Trading department is a must as they will analyze the player and market behavior.

    All in all, if you are not well connected and super rich, you have a pretty big mountain to climb. Good luck.
     
    Rado_ch, Feb 26, 2015 IP
    jrbiz likes this.
  9. Gantro

    Gantro Member

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    #9
    Online easier! In addition, offline requires much more budget. All gambling can bring income to the owner. While all have their own characteristics. I have a sites, where bet on sports. It brings good income. Cooperate with the company "Inbet Games" (inbetgames.com) by the way they provide software and equipment for both: online and offline. Besides solve legalization problems of business in many countries.
     
    Gantro, Feb 26, 2015 IP
  10. Arzent

    Arzent Member

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    #10
    You can show your website? At least in the private? Or where I can see how work gambling sites from the company Inbet?
     
    Arzent, Mar 14, 2015 IP
  11. Mattingley

    Mattingley Greenhorn

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    #11
    If your asking on a public forum like this, then you can't afford to setup either..
     
    Mattingley, Mar 15, 2015 IP
  12. Mr.Nguyen

    Mr.Nguyen Peon

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    #12
    I would recommend being a agent for a gambling site, which gives you as much accounts you need, then you can provide accounts for your local gamblers, everything is tracked for you win/loss's and less work required. Just the collecting part at the end of each week, and this is from a "owner's" perspective. Little more detail is you pay $15 for each account that is used that week and all payouts are to your own bank.
     
    Mr.Nguyen, Mar 15, 2015 IP
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  13. Gantro

    Gantro Member

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    #13
    I will not show my site for some reason. But I can show the demo site of the company Inbet Games, here cafe.inbet.cc
     
    Gantro, Mar 19, 2015 IP
  14. nard

    nard Well-Known Member

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    #14
    Online. Although there are others, especially seasons gamblers who like the thrill of seeing the players in person, people are now turning to online sites to play for the obvious reason of privacy and convenience. Online gambling sites are more profitable these days since anyone who wanted to try can start for a very low investment without leaving the comfort of their homes.
     
    nard, Mar 24, 2015 IP
  15. Shasta Arenburg

    Shasta Arenburg Peon

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    #15
    With hard work you can choose both of site. It's make you rich quickly but simple risk may not fall you problem. But i like online most because it's probably safe and well controlled. So i suggest you mostly online site.
     
    Shasta Arenburg, Mar 24, 2015 IP
  16. Xochitl Shatt

    Xochitl Shatt Greenhorn

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    #16
    You can try both site. Whatever i like online because it gives me more success what i want. Online gives you fast success. If you invest online it's will gives you benefits comfortably. Whatever it might be risky but more save for success what you want.
     
    Xochitl Shatt, Apr 4, 2015 IP
  17. alvinperez

    alvinperez Well-Known Member

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    #17
    Online is better then Off line, for online you will allow to do so
     
    alvinperez, Apr 4, 2015 IP
  18. Olopseu

    Olopseu Peon

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    #18
    Thank U! Good advice. I also started to work with them last month.
     
    Olopseu, Apr 5, 2015 IP
  19. Gantro

    Gantro Member

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    #19
    Olopseu
    I am glad that my advice helped you.
     
    Gantro, Apr 15, 2015 IP
  20. abdelrazak

    abdelrazak Peon

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    #20
    good luke
     
    abdelrazak, Apr 15, 2015 IP