Launching any type of casino requires quite an extensive knowledge of various aspects of the industry, such as legal regulation on a particular market at which the casino is targeted, promotion and marketing of a gaming website to a certain geographic territory, options and fees offered by payment processors, player psychology and retention, etc.
While some of the issues are still relevant when speaking of a Bitcoin casino, many of those are much simpler to handle. The main advantage of Bitcoin it that the currency is still unregulated so gambling for Bitcoin is not subject to licensing. This saves a lot of time, money and paperwork.
Besides, more time is saved on payment processing. Working with banks and payment providers can be tricky for businesses involved in gaming. Providing all of the due diligence documents and filling in numerous application forms takes several months and casino launch date is pending. High processing fees are also not to be neglected when planning the casino expenses. With a Bitcoin casino, all payments go directly to and from the operator’s wallet with no third parties or extra fees involved.
Bitcoin is used internationally, so the question of targeting is also irrelevant. Most of Bitcoin casinos are reaching out to advanced gamblers who have certain knowledge of how the crypto currency works and are ready to spend some of their savings at a trusted online casino. There’s no need of localization into local languages: English is understandable to the largest segment of Bitcoin players.
With all that said, starting a Bitcoin casino is faster and less pricey than a website accepting fiat currencies. The key success factor is choosing the right software. Not only shall the Bitcoin casino solution offer best-of-breed casino games and advanced functionality, but it shall also be fully adapted to the peculiarities of play for Bitcoin. The platform shall support direct Bitcoin transactions between the players’ and operator’s wallets and guarantee high security of the transactions. It is advisable to use a fully hosted and supported platform instead of a web script which is just handed over to the operator for further use. Although such variant has some advantages, such as the ability to customize the software, it is more important that a highly qualified team of programmers is always watching the performance of your website, keeps all financial transactions under control and takes the necessary fraud prevention measures. So instead of buying an affordable Bitcoin roulette script and give up on this business after realizing how complicated and cost-consuming it is to customize and keep your project live, you’d better evaluate the option of investing into a trusted turnkey casino solution developed and supported by professionals.
SoftSwiss Bitcoin Casino fully complies with the above requirements and allows for starting a successful online gaming business from scratch. There is a set of the most popular games fully adapted for Bitcoin play. Bitcoin payment transactions do not involve any third party providers. The operator has full control over the deposits and withdrawals. Anti-fraud system developed by SoftSwiss engineers helps discover suspicious players and block automatic cash outs. SoftSwiss casino solution goes as a hosted and supported package so the business owner does not have to worry about hiring IT staff but can concentrate on the marketing policy and business development strategy.