Many online sports betting sites offer similar features. But are they all backed by pay-per-head software with years of experience? Tips to choose the best.
There are many scientific reasons that people love sports. They release dopamine and testosterone into the brain, making us feel happy and dominant. We also often feel as though we’re part of the game that we’re watching due to mirror neurons.
Regardless of the reason for their popularity, sporting events are a major part of many people’s lives. If you’re one of these individuals, becoming a bookie might be the right choice for you.
But how can you become a bookie online? How can you choose the right pay per head software to start taking bets ASAP? Read on to answer these questions and to learn more about investing in bookie software.
1. Learn the Basics of Pay Per Head
Pay per head (PPH) software is a type of sportsbook platform. It lets you easily run your sportsbook online, take bets, pay winning players, and communicate with bettors working with you. It also allows other sports enthusiasts to find you online so that they can immediately place bets.
PPH platforms are unique because of their payment method.
Subscription plans have long been a major player in the sports betting industry for new bookies. Most of these subscriptions charge a flat monthly fee in exchange for sportsbook management and assistance.
However, many agents encounter problems with these platforms’ lack of flexibility. The need to pay the same amount each month is a common pain point because these payment methods are not flexible.
Sportsbooks are always changing as they take on more new bettors and old ones leave. Their numbers fluctuate, so paying the same $500 that made sense during March Madness no longer is a fair fee during the off-season.
Pay per head Sportsbook software aims to resolve these pain points. Their primary objective is to provide a solution to this common problem.
How Can PPH Solve This Issue?
As an agent, you will only need to pay your provider for the bettors that you are currently working with. This fee will be around $10 but can increase to $20 if you choose to add additional services to your plan.
If you have 1000 bettors around March Madness, you would pay about $10,000 to your sportsbook provider. This is an extremely low amount compared to what you would be making. Those who enjoy gambling routinely place bets of $100 or more, so you may make $100,000 during these periods.
However, you won’t be paying anywhere near this much during the off-season when you only have 10 bettors. During these times, you’ll only need to pay about $100 (while making around $1000). This means that you won’t need to save money from your more lucrative periods simply to have an online sportsbook when you’re making no money.
PPH is therefore flexible, scalable, and lucrative. Once you have a full understanding of these services, you can make a more confident and informed decision about which provider to work with.
2. Understand Your Needs
When beginning an online betting services business, it’s important to remember that your sportsbook is just that: a business.
This means that you’re going to need to go through all of the things that you’ll need to make your business thrive. This is the first step in finding a sportsbook solution that works for you since the decision needs to be based on your business goals and mission.
Come up with a long-term abstract vision for your sportsbook. This vision should describe the desired position of your sports betting business’s future.
You also will want a mission statement that identifies the culture, values, strategy, and future goals of your company. A mission statement should be tangible and describe something that you intend to do when running your sportsbook. Make sure to use simple and precise language to clearly communicate the mission.
Consider Your Core Objectives
Your sportsbook business goals will have a huge impact on the pay-per-head software you choose. You’re going to need one that has features and assistance that help you attain your goals. Thus, defining what your goals are and keeping them somewhere safe will give you a basis for making your decision.
Start by making short-term goals. How many bettors do you want to take on in your first 3 months? What is the monthly profit that you hope to turn?
Then you can move on to long-term objectives.
How profitable do you want your sportsbook to be annual? What regions and countries do you hope to expand to? Are there any additional sports that you hope to someday offer bets on?
Once you know exactly where you want your business to go, you can apply these objectives and begin looking for sportsbook platforms.
3. Be Clear About Features
After making your objectives, you’ll likely have some ideas about what online features could help you reach your goals. You’ll want to find a pay per head bookie software that offers the features that matter most to you.
Security features are the most important things that you need to consider. If you don’t have measures in place to keep yourself and your bettors safe, you won’t sign on any players. You won’t build a reputation and you won’t be able to reach any objectives.
Make sure to sign on with a managed provider that lets you pay them in Bitcoin. You want them to also let you set up crypto payments on your website. By taking bets in Bitcoin, you keep your own financial information as well as your players’ off the network.
Ace Per Head- the top PPH provider in the online sports betting industry- encourages Bitcoin payment methods for everyone. We also assign all accounts (of both agents and players) a random number and exclusively use that to communicate. No one knows anyone’s name, birthday, or location.
In the unlikely event that a cybercriminal breaches our top-notch authentication system, they’ll find nothing to steal.
Updates and Support
You also want a PPH provider that provides you with the assistance necessary to meet your goals.
Ace Per Head provides automatic software updates to ensure that your site is always running smoothly. This decreases downtime, speeds up load times, and prevents high bounce rates. It also ensures that there are no glitches that prevent smooth navigation and site functionality.
You also want to be able to call a 24-hour customer service hotline like the one that we offer. Agents can discuss their needs whenever necessary, including in the middle of the night. In fact, with our round-the-clock player hotline, so can bettors!
4. Look Into Multiple Options
While we can confidently say that Ace Per Head is the top-performing sportsbook software out there, we understand that you won’t just want to take our word for it. That’s why looking into all of the sportsbook providers out there is a smart decision. You can feel more confident in your decision.
Do a quick Google search and look at some of the more reputable PPH providers. Compare and contrast the features that they offer and how well they’ll help to meet your objectives.
Remember that there are some unique features that you won’t want to compromise on if possible. While security, upgrades, and customer support are of the utmost importance, Ace Per Head also offers more. A fully mobile-compatible custom website is the bare minimum.
You also will want:
- A player watch report that lets you monitor specific bettors closely
- A secure agent-to-player messaging system for your smartphone
- A bet ticker that lets you watch bets come in in real-time
- The ability to customize lines, bets, limits, betting strategies, and approved players
- Real-time alerts when someone places a wager
- Live score-tracking that links to other sites so that you can see how teams, players, and events are doing
- While you look into many different possibilities, keep these features in mind. Unless you find something comparable, there’s no reason to even consider the other possibilities.
5. Read Online Pay Per Head Software Reviews
Online reviews can tell you a lot about a PPH platform. You can use them to learn what features worked for people and which ones weren’t up to speed. You can also get information on how well the site functions from the agent end (as well as from the player end).
There are likely forums where you can talk to bookies that use the services that you’re considering. Ask them any questions that you have after reading the reviews.
Make sure that you don’t treat talking with other bookies as a substitute for actually communicating with the pros. Confirm everything that other people tell you by talking with Ace Per Head’s professionals. This is the best way to feel secure and knowledgeable about the technology.
Get Started With Ace Per Head
While there are many pay-per-head software providers out there, only Ace Per Head has the talent and tools necessary to get your sportsbook off the ground. Now that you know how to find an online sports betting platform that works for you, it’s time to get more information about launching your new bookie business.
We’re committed to helping you become one of the most reputable and successful agents in the sports betting industry. That’s why we look forward to chatting with you about your objectives, vision, and specific needs. Create your package today to begin your six weeks free of our services so that we can show you what we’re made of.
