As for the budget half a million is not compulsary for a poker site to be up and running but I won't go into my own finances. My business partner is a very experienced software developer and web designer and we will be doing a lot of the ground work ourselves. Suffice to say the budget will be depending on the return on the investment I have no limit as of yet. As in any business its best to have a plan of action BEFORE you begin and know your objectives for features etc before the site is put into full production. Every feature that is decided to be planned into the site costs time and therefore money so the reason I am doing this is to set priorities on which features I definitely want in V1.
Good luck Kevin, but a new start up
poker site would usually have a program manager, 3 or 4 project managers, a lead architect, a few senior achitects and a few junior architects, a handful of consultants, project office staff, lead coders and coding managers, coders, test manager, test leads, test analysts, release managers, and release analysts. You've got a friend that's a bit handy on a PC!? You'll need to set up a company,get an office for your staff, get investment backing, find a host server strong enough to deal with the traffic, get a gaming licence etc etc and etc - I would have thought that deciding whether or not to have rabbit hunting would be a decision to make when you are 95% through the set up process.
If you are legit and i have underestimated you, my suggestions would be;
- making it as easy to withdraw as it is to deposit.
- have no minimum withdrawal (or at least, don't have a minimum withdrawal amount which is more than the minimum deposit amount).
- being able to withdraw an odd amount of cents
- being licenced by a legitimate and trustworthy authority
- have your Random Card Generator audited by a legitimate company.
- randomly monitor chat history and take action on all the trash talker that know how to get round censors by typing sh1t etc.