If you are looking to be a bookie and accept wagers on sports, then the easiest and most profitable way to do that would be to sign up with one of the pay per head services. These services specialize in bookmaking and offering customers a sportsbook website so players can bet on various sporting events. They manage all the lines in house and up to the second, and grade all wagers once each event ends.
The reason these services are called pay per head services is that the cost is based entirely on how many heads or players use the site each week. The standard price per head in the industry is $10, which means you only pay that $10 fee if a player has a graded wager for that week. So for example, if you have 20 players, but only 10 players bet that week, then the price you pay for that week of service is $100.
Now with anything in life and business, there are various different prices offered in the current pay per head service. Even though $10 is the standard price there are services that charge more than $10, such as $12, $15, or even $20 per person. Then there are services that are very cheap and charge as little as $5 per person.
However, it is very important to know that, just like anything else in life, you get what you pay for, and if you decide to go with one of the cheapest pay per head services, then you need to be prepared to not have the best and most complete product in the market.
For example, very cheap sites, are cheap for a reason, which is because they do not spend enough money in other important areas of the business, such as website security that can be susceptible to DDOS attacks or not enough servers or space to withstand the peak betting times, which end up causing the site to crash and players to become very upset because they cannot place their wagers.
In addition, cheap sites, have cheap help, meaning less experienced lines managers that are lazy and copy other books lines and do not move lines according to the action or where the sharp and smart money is moving. Slow line moves could be extremely costly at the end of the day because the difference between a point or half a point on a line could often be the difference from a player winning a wager or losing a wager. Also, the customer service department could be lacking in the English speaking area and it can be very difficult to communicate and get simple requests handled in an efficient and timely manner.
So you as the bookie must remember that if you do decide to go with a cheap site, you are going to be leaving money on the table because of softer lines, also less betting options for your players to increase their betting volumes on, and lots of frustrations with an unreliable website and hard to communicate customer service providers. This will all affect an agent’s bottom line and the few dollars you may save on the price per head, may not come anywhere near the extra money you will make from players losing more money on a premium website.
Regardless of which pay per head service provider, you decide to use, just remember that cost should not always be the primary factor in the decision, because cheaper never usually means better. So if you are truly serious about earning a lot of money from booking action, then it’s better to spend a little bit more to offer your players a more quality product, which will also end up earning you more money over the long term. For a reasonably priced service and a quality product give www.AcePerHead.com a call today at 1-800-909-5193.