Entrepreneur Forum

marron · #1 07-18-2007, 10:22 PM

Hi,

I have decided i am going to set-up my own internet betting website on a specific sport but with the odd Football, Tennis, Cricket etc. bets. I know i need to find a domain but is there anthing else and if so what order should they be on my 'to do list'. With my searching for a domain being in there aswell.

Is there some sort of business plan i should do?.

Any suggestions for any of my queries would be greatly appreciated.

Cheers,

Stephen

marron · #2 07-20-2007, 11:16 PM

Anyone with any advice?

Business · #3 07-21-2007, 08:55 AM

Some one posted something similar to this before, which someone privided the anwser to, but to set up any gambling website you will need to get authorization (i think)

I havn't read through these sites but check these
http://www.bettingmarket.com/

Quote:

Is there some sort of business plan i should do?.

Yes you should do a business plan check here for our sample business plan (not the best but its something)

www.EntrepreneurForum.co.uk/sample.html

You will need hosting

www.EntrepreneurHosting.co.uk

Domain - Godaddy.com

Betting scripts (may need to buy one, hire a programmer, or be able to get one for free)

marron · #4 07-21-2007, 11:23 AM

'Betting scripts'

What are these.

By the way cheers for the response

Business · #5 07-21-2007, 11:25 AM

You would need a site, and if your search around i'm sure theres a betting site already made for you which all you will need to do is upload the files.

What sport/ site do you want?

timmyuk · #6 07-21-2007, 05:24 PM

you can have my site for ?50 cash for quick sale

timmyuk · #7 07-21-2007, 05:25 PM

www.free-betting-offers.com

Dennis · #8 08-02-2008, 01:50 AM

Quote:

Originally Posted by marron

Hi,

I have decided i am going to set-up my own internet betting website on a specific sport but with the odd Football, Tennis, Cricket etc. bets. I know i need to find a domain but is there anthing else and if so what order should they be on my 'to do list'. With my searching for a domain being in there aswell.

Is there some sort of business plan i should do?.

Any suggestions for any of my queries would be greatly appreciated.

Cheers,

Stephen

Do you have AT LEAST $10K to start ?!

leacomi · #9 08-08-2008, 11:29 AM

You will need a LOT of money to set this up, with the risk of losing it if you don't chose the right odds. if you are thinking about this seriously, do a rediculous amount of market research. find out exactly how bookies make their money and how they effectively promote.
You will have to be working constantly to come up with odds on events every single day and a small mistake could be fatel! In my opinion, a less riskier way to start off would be to build a web site that reviews current bookies and their free bets, you will make money by sending customers to them and learn the industry, and once set up, not much work is required.