QUOTE(Marcelo12343 @ Nov 19 2018, 04:25 PM)
Hey guys, right now I am looking at an opportunity of creating my own online casino. However, I want it to be special, so I am thinking, that I should build it on a blockchain technology and I would use smart contracts in order to transfer money to and from my casino. I was looking for similar casinos on Casino Guru
, but nobody uses this kind of technology. Do you think it would be technically possible? The biggest advantage I see the, is the safe place to play for my clients. Of course, there are much more to it, but at first I wanted to know as many opinions as possible.
As with any business, in your case Online Casino, you have to make sure you have enough capital to underwrite the risk of a casino business. Just because you use blockchain technology to finalize the betting contracts does not ignore the fact that you will need to stump up an amount of cash (in this case BTC) to handle the payout. Do you seriously think free BTC will just appear for you just because you implement blockchain technology ?
Your clients are not worried about a safe place to bet, they are more worried about getting the actual payout and whether you will be able to pay them when they win in your casino. You have to make sure that when they win , the BTC will be securely deposited to their wallet and subsequently they are able to cash it out.