Business Idea I have.

[MAPridelover]

So I know the basics of Python, pandas, and NumPy and want to use that, along with Pygame, which I am learning, to create a gambling website. Most gambling websites are set up in a way that it's just people who click buttons that take their money, but my website will be different in that it is completely skill-based. It will be made using various Python games where you put up a wager against another player to play, and if you win, you get a higher rank and the total money wagered. The ranking system will ensure that new players don't get destroyed. I'll also make the rankings based on points gotten from the game, to prevent more experienced players from making separate accounts and destroying newbies.


My main problems are my family's religion, age, and starting capital. I am 17, which means I'll probably have to register the game under an adult, which might be difficult to find as my parents are Muslim and are against gambling. I have about $4k to use for this project, which is by no means enough legally.


Do you think my concept is sound and would be able to make a profit, and do you have advice to bypass my constraints?

My other idea is option trading. I've used paper accounts and swing traded after stock drops, netting me a 1000% return after trading for 6 months. However, my strategies were risky and required options with high premiums, something that I doubt is sustainable with real money.

Anyway, I just wanna make money while doing the least amount of work possible.

 

[OverSince08]

So I know the basics of Python, pandas, and NumPy and want to use that, along with Pygame, which I am learning, to create a gambling website. Most gambling websites are set up in a way that it's just people who click buttons that take their money, but my website will be different in that it is completely skill-based. It will be made using various Python games where you put up a wager against another player to play, and if you win, you get a higher rank and the total money wagered. The ranking system will ensure that new players don't get destroyed. I'll also make the rankings based on points gotten from the game, to prevent more experienced players from making separate accounts and destroying newbies.


My main problems are my family's religion, age, and starting capital. I am 17, which means I'll probably have to register the game under an adult, which might be difficult to find as my parents are Muslim and are against gambling. I have about $4k to use for this project, which is by no means enough legally.


Do you think my concept is sound and would be able to make a profit, and do you have advice to bypass my constraints?

My other idea is option trading. I've used paper accounts and swing traded after stock drops, netting me a 1000% return after trading for 6 months. However, my strategies were risky and required options with high premiums, something that I doubt is sustainable with real money.

Anyway, I just wanna make money while doing the least amount of work possible.

I dont think first idea will work well in practise. U will have people purposefully manipulating their ELO to match against lower rated players to THEN make money. People are willing to manipulate their ranking for video game rating online imagine the amount of exploitative strategies they will find for money.

I suppose you could make tournaments but at that point its just Esports with a prize pool.

 

[Petsmart]

People already do this with regular games like CoD and Fortnite on skill based wager sites.

Your bigger concern would be making games people are interested enough to compete in.

 

[johnwick16]

So I know the basics of Python, pandas, and NumPy and want to use that, along with Pygame, which I am learning, to create a gambling website. Most gambling websites are set up in a way that it's just people who click buttons that take their money, but my website will be different in that it is completely skill-based. It will be made using various Python games where you put up a wager against another player to play, and if you win, you get a higher rank and the total money wagered. The ranking system will ensure that new players don't get destroyed. I'll also make the rankings based on points gotten from the game, to prevent more experienced players from making separate accounts and destroying newbies.


My main problems are my family's religion, age, and starting capital. I am 17, which means I'll probably have to register the game under an adult, which might be difficult to find as my parents are Muslim and are against gambling. I have about $4k to use for this project, which is by no means enough legally.


Do you think my concept is sound and would be able to make a profit, and do you have advice to bypass my constraints?

My other idea is option trading. I've used paper accounts and swing traded after stock drops, netting me a 1000% return after trading for 6 months. However, my strategies were risky and required options with high premiums, something that I doubt is sustainable with real money.

Anyway, I just wanna make money while doing the least amount of work possible.

Sounds good bro let us know where you're at in your project