The recent times the world of online gambling has witnessed a revolutionary shift with the cryptocurrencies coming into space. Traditional casinos rapidly adapt to this digital disruption, creating the space to make a crypto gambling website that offers unparalleled benefits to both – its operators and players.
Therefore, along with the current “greening” of the crypto market and growing interest in web3.0 casinos, the question of how to start a Bitcoin casino is gaining more popularity. In this article, we would like to share our experience in crypto casino development and showcase our work for the Moonwin project. Based on this practical experience we will give the information about how to make a crypto gambling website, mention the main steps you need to go through and a pro-tips for developing a crypto casino.
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Are you wondering how to make a bitcoin casino? Before you find out how to start a crypto casino, you need to know what a crypto casino actually is and how it works. This will help you create all the necessary business environments for casino development. Let us help you figure it out through this article! Or drop us a message and we correctly draw up the requirements for your project.
Table of contents:
- Why Make a Bitcoin Gambling Website
- What to Consider Before Start Your Own Bitcoin Casino
- All Must-Have Features for Crypto Casino
- How to Make a Crypto Gambling Website: 4 Main Stages
- Cost to Start Your Own Bitcoin Casino
- IdeaSoft experience
- Summary
Why Make a Bitcoin Gambling Website
The primary advantage you might notice if you start your Bitcoin casino is that it attracts many players who appreciate the unique benefits of cryptocurrency. These advantages include but are not necessarily limited to the following:
- Low or no transaction fees – Some casinos offer no transaction fees but those that do offer lower fees than those associated with traditional payment methods. The fact is that there are no financial institutions involved, so there is no need to pay higher commissions for making deposits or withdrawing money.
- Lower deposits – players can make bets much lower than traditional minimum deposit limits.
- Near-instant payments – You can deposit and withdraw cryptocurrencies quickly, with little or no waiting.
- Global access – cryptocurrencies are available worldwide, so players all over the globe who use them can play at any crypto casino at any time of the day or night. And it is possible to convert them into any existing currency.
- Anonymity – another great advantage of crypto casino development in particular, is the anonymity blockchain technology offers to its users. It can be beneficial for many reasons, some include: players’ privacy, secure fund transfers but at the same time transparency of them, and more.
However, with all those advantages, let’s not forget that in order to make a crypto gambling website you need to ensure legal and tax compliance. Thus, we will talk about this and other aspects you need to pay attention to as in the next parts of our article. So keep reading!.
What to Consider Before Start Your Own Bitcoin Casino
Now let’s move on to the main aspects you need to know to successfully start Bitcoin casino that provides revenue. Generally, the stages are not very different from starting a traditional gambling platform, but there are some aspects to pay attention to. They include:
- Legal and regulatory compliance. As the crypto market develops, so does the regulatory coverage for the crypto related businesses. In order to stay compliant, we highly recommend to stay up-to-date with at least the main cryptocurrency regulations around the world. Check Securities and Exchange Commission (SEC) and the IIJA for US; Markets in Crypto-Assets(MiCA) for Europe; FATF and FCA for crypto regulation in UK; IOSCO draft proposal for the unified global regulation for DeFi market published in September 2023.
- Security measures. One of the mane things to remember, is that your crypto gambling website should be a safe platform for user to come and operate with his funds. Therefore, do not neglect audits of your blockchain and back-end parts integrations, as well as secondary audits even for the small feature implementations or architecture changes. There are plenty of protocols being drained every week, do not make your platform one of them.
- Cryptocurrencies and blockchain part integration. While integrating the blockchain part (especially smart contracts) you and your team need to pay attention to architectural aspects in order to make a smooth connection between blockchain and “non blockchain” parts. This is a complex task which requires previous experience with both blockchain and back-end infrastructure building. So, first of all, consider working with the team who had successfully conducted such work in the past. Second of all, we highly recommend to engage into discovery phase prior to development in order to eliminate future unpredicted adjustments and final overall cost increasement.
- Fund management. Effective fund management in crypto casino development involves risk management that encompasses maintaining game fairness, mitigating cryptocurrency price volatility, and preventing fraud. At the same time, it should focus of effective revenue management that requires (as one of the options) integration of multiple cryptocurrency payment gateways,transaction fees management, and strategical usage of funds for promotions and marketing.
The development of a solid software for crypto gambling website is a complex task, so choosing an experienced blockchain development team is crucial here. Make sure you hire crypto casino developers who know all specifics of the industry and can implement your idea with the best ratio of price and quality. To do this, check the company’s portfolio, talk to the tech specialists and CTO who will work on your product, and find out if they have experience in implementing such projects.
After selecting a crypto casino software development team, the next key point is to choose the features that your blockchain casino will have.
All Must-Have Features for Crypto Casino
The choice of functions for a casino is a separate detailed issue since their number and complexity affect the development process of your gambling casino platform. In addition, the features selected determine the value of your platform to users, the experience they will get when using it, and hence popularity in the market
We have prepared a list of the most popular and useful features if you want to make a successful crypto gambling website. They include but are not necessarily limited to the following:
- Cryptocurrencies support – Build a financial infrastructure with an integrated cryptocurrency system that allows users to make deposits using Bitcoin and other popular crypto payments.
- Fiat multi currency acceptance and convenient payment options. Platforms with fiat multi currency convenient payment options enable users to facilitate transactions without any frets. However, when you start a bitcoin casino, you should keep in mind that usually introducing fiat money into casinos requires registering a casino and obtaining a gambling license.
- Anti-fraud system. The anti-fraud system enables you to prevent breaches and keep a platform safe and secure.
- Real-time chats. Real-time chats boost engagements and enable players to interact with each other, exchange ideas, and socialize better.
- Live dealer games. Live dealer games are in high demand as they create a real casino atmosphere and make the casino even more enjoyable for users.
- Random number generator. A random number generator system helps to remove biases and maintain reliability and fairness in the ongoing games.
- Multi-lingual support. Multilingual solutions provide easy access and enable players to access platforms in the languages they prefer and are fluent in.
- KYC system. The KYC (know your customer) system is designed to store comprehensive information about players, thereby ensuring the platform’s security. You can implement KYC if you don’t plan on making anonymity your killer feature.
- Cross-browser and cross-platform compatibility. Cross-browser and cross-platform compatibility offer a smooth gaming experience to the players irrespective of the browser or device they are using (desktop, mobile, and tablet).
- Leaderboards and achievement badges. Leaderboards and achievement badges boost player enthusiasm by showing the ranks of the best players and helping players recognize each other by their achievements.
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How to Make a Crypto Gambling Website: 4 Main Stages
Now it’s time to review the process of developing an online crypto casino. Let’s Go step-by-step through the key points that our CTO highlights.
Discovery phase
As we mentioned before, discovery phase can be crucial in terms of web3 development cost optimizations, so we advise to start with it and not neglect this stage. The discovery stage starts with the process of collecting and analyzing information about a project, its intended market, and the audience to find out its needs and requirements better. It allows gaining a well-rounded and for in-depth understanding of the project goals and scope of work.
The analytical part is followed by the technical due diligence, during which our crypto casino software development team will answer the question of how to develop a crypto casino, which tech stack and developers you need for that particular product.
Considering the time, budget investments, and analytical part outputs, we then prepare a technical plan, which includes project features, suggested technology stack, architecture overview, suggested team lineup, and budget [we usually provide a few budget frames for our client to give an overview for the minimum and maximum performance your product can create].
UX/UI design
During the design phase, a design team determines the crypto casino’s look and UX that will be needed. This process includes visual content like images, logos, photos, graphics, and video, and logic of placing all elements of the user interface.
The quality of UX you implement for your platform affects the time and frequency of users reaching your platform. Experienced designers will help you create, crear and easy-to-follow user flow and friendly interface utterly responsive to the web3 audience’s needs.
Development
The development stage of an online crypto casino is generally the longest as it’s the backbone of the whole process. It’s run by a dedicated project manager who ensures smooth cooperation between a development team and a client. This is where we integrate the information collected during the initial stages, create the product logic, and animate the user interface.
The development part includes:
- The back-end and front-end development
- Blockchain part development & integration with back and front-end
- Database creation
- Features implementation
- Game API integrations and customizations
Once the complete architecture and crypto casino source code are built, the testing stage starts.
Testing and launch
Final testing ensures that the system works as intended and is free of vulnerabilities. For this QA specialists conduct testing of security, compatibility, functionality, usability, and more.
The testing phase allows us to ensure that your crypto casino is ready to launch, performs all the necessary functions, and is secure for users. Since gambling is already associated with certain user concerns, you can afford to release an unreliable system to the market. Therefore, we don’t recommend skipping the testing phase.
Cost to Start Your Own Bitcoin Casino
Making a crypto gambling website involves various factors that can affect the overall cost. Each project is unique, and it’s crucial to consider your specific requirements and goals. At IdeaSoft, our team of experts specializes in creating customized cryptocurrency casino solutions tailored to your needs.
We understand the importance of providing accurate estimates based on your specific project scope. We may roughly say that make your own crypto casino platform can cost anywhere from $30,000 to $100,000 or more, depending on customization and features.
Yet, to get a precise cost estimate and discuss the details of how to start a cryptocurrency casino, we encourage you to contact our experts at IdeaSoft. Our tech team will guide you through the process and provide a comprehensive analysis of the costs involved to establish a successful crypto casino.
IdeaSoft experience
It’s always better to showcase everything on your own experience, right? So, as we said before, the IdeaSoft team is an experienced tech provider and we know how to start a crypto casino. Therefore, let’s review one of our web3.0 gambling platform case studies – Moonwin project.
Moonwin is a pioneering decentralized gaming platform, often referred to as Casino 3.0. It offers users a transparent and fair gaming experience, with a particular focus on dice games facilitated through on-chain randomization. As a Web 3.0 gambling protocol, Moonwin allows players to gamble directly against a smart contract.
The IdeaSoft team has been integral to Moonwin’s development, contributing at every stage from the initial concept and MVP creation to the launch of platform versions V1 and V2.
One of the challenges for this product our team highlights is game mechanics development. Ensuring transparency, randomness, and provable fairness in game outcomes while maintaining engaging gameplay dynamics requires innovative design and strategies for user retention. Fortunately, we received excellent input from the client side, and our team consistently provided innovative and unconventional strategies for testing and integration.
After 5 months of continuous work and fruitful cooperation with the client, we delivered a solid crypto gambling platform that successfully functions cross-chain and creates revenue for the client.
Check what Moonwin CEO thinks about the platform development and proceed to the Clutch review for this case study.
Summary
Now even when you know how to develop a crypto casino, we are sure that you still have questions, because each project is unique and requires an individual approach. And we are here to help you to make a crypto casino.
At IdeaSoft, we offer blockchain development services tailored to the needs of each client. Over the past 5 years, we have successfully completed over 250 projects, including cryptocurrency exchanges, NFT marketplaces, DeFi lending protocols, DeFi wallets, issuance platforms, DeFi aggregators, and more. IdeaSoft is a team of over 140 in-house software development specialists. We provide a full cycle of services for creating a product from business analysis and design to development, testing, and support.
Feel free to check out our portfolio and contact us to discuss your crypto casino project. IdeaSoft specialists will be happy to answer all your questions, select the best technology stack and provide an estimate for your project. Let us bring your ideas to life with advanced technology!
