If you are looking to be a professional bookmaker then the first thing you need to do is get a professional online sportsbook. Many people would assume that this would cost a lot of time and money to create with a team of web designers and technicians, which would be true, however there is a much simpler and cheaper way to be your own professional bookmaker.
The better way is to get set up with one of the pay per head providers that cater to the professional bookmaker market. These companies are called pay per head companies because the cost structure for them is entirely based on how many active players per week each bookmaker has. One of the top rated pph providers is Ace Per Head.com and their price is $10 per player a week. So for example if you as a bookmaker have 60 players, but only 37 of them have graded wagers for that week, then you will just pay a total of $370 for that week. (37 players x $10).
The best part about this sports betting software is that Ace Per Head is the ones that handle the entire website, such as putting up thousands of sports betting options each day, and then grading everything as soon as each game ends. They offer sports from all around the world, such as football, basketball, baseball, hockey, soccer, tennis, golf, rugby, cricket, e-sports, entertainment, politics and more. In addition they have multiple different betting options such as straight bets, parlays, teasers, reverses, round robins, if win or tie bets, live in play betting, props and futures.
You as the bookmaker do not actually need to even know how to set lines or the rules of betting on each sport and type of wager. Instead all you have to know is just people that would like to bet. This is as easy is just asking your friends, family members, classmates, coworkers, and social media friends if they would like to gamble on your sportsbook. Then whatever your players win or loss would be handled directly between you and your players, and you would keep 100% of the profits, because Ace does not take any type of commission, only the $10 per active player a week fee.
Once you start acquiring players, then the sky is the limit with how much money you can earn, because in the world of sports betting, gamblers always lose over the long term. Sure there will be weeks when the players will do well and win some money, but this is a necessary evil, because if players never won, then they would run out of money and or lose interest in betting since they never get the thrill of ever winning.
However when they do win it is very important to pay them as fast as possible, because the best way to acquire even more players is from referrals from your current players. This is because gamblers always know other gamblers, and the faster you pay someone then the happier they will be, and they will tell their other friends that bet what a fantastic bookie you are since you pay out in full promptly, instead of players that get the run around, or slow paid from their current bookies.
More Tips for Bookmakers:
- TAKE YOUR BUSINESS TO THE NEXT LEVEL
- NOT ALL BOOKIES ARE COMPETITORS
- FULLY MANAGED SPORTSBOOK
- FROM ROOKIE TO STAR
- How to Run a Small Sportsbook?
- TOSS THE COOKIE-CUTTER APPROACH
- HOW DO BOOKIES WORK?
- Start a Great Online Sportsbook
- PAY PER HEAD BOOKIE
- Top Software for Bookies – What you Need
- The Best Things in Life Are Free
- Which is the Best Pay Per Head for You?