Gone are the days when you could only work in an office, or at a location, to earn money. Instead with the use of technology and in a post-pandemic world working online to earn an income is not only possible but can be extremely lucrative depending on the type of online business you choose.
One of the most lucrative and easiest ways to earn a living income online is to become an online bookie. A bookie is someone who accepts wagers on various sporting events. A player makes a wager on a game and if the player wins the bet, then the bookie pays the winnings, and if the player loses the bet the player pays the bookie, along with the juice or vig on the wager.
For example, if a player bets the Golden State Warriors -5.5 -110, against the LA Lakers, the player would need the Warriors to win the game by 6 points or more to win the wager. If the Warriors lose the game outright or win by 5 points or less then the player would lose the wager. If the player wanted to win $100, he would need to risk $110 to win the wager, and that extra $10, or the -110 is called the juice or the vig on the wager. This vig is essential to the bookie because it helps increase his profit margins, and means players need to win 60 to 65% of the time just to break even, however, players all lose over the long term, which becomes the profits of the bookie.
Using a Pay Per Head Site to Run your Online Sportsbook
The most affordable way to run your online bookie business is by using a company in the pay-per-head industry. These services provide a ready-to-use online sportsbook website, where they post thousands of betting lines each day and update all odds up to the second for bookies to offer their players to wager on. All wagers are graded by the service once the game ends, and all balances are automatically updated into each account. These services do all the bookmaking work for the bookie, and only charge a small flat fee of around $10 per active player per week. So if the player does not bet that week then you don’t get charged for that player.
Whether the players win or lose on the website, you as the bookie would handle the payments directly with them and keep 100% of the profits. These services do not take any commissions or have any type of hidden fees, which enable bookies to operate their business with huge profit margins. Just having a couple of players can easily earn a bookie hundreds to thousands of dollars per week.
There aren’t many online business models that exist that do all the work for you but allow you to keep all the profits. That is why being an online bookie for people you know is a very profitable business, and easy since the service is the one doing all the work.
Make Money as a Bookie
One of the best pay per head services in the business is AcePerHead.com, and they have the most betting options and sharpest lines compared to other websites. In addition, they have the top-rated customer service department that is available 24/7 through phone, text, live chat, and email, and offer the largest amount and best initial startup promotions.
So call Ace at 1-800-909-5193 and get set up today, so you can start earning a living income online.