Running a successful gambling business has never been easier because there are dedicated services that handle all the bookmaking aspects for any bookie. Not only do they make it easy because they do all the work for you, but you as the bookie still earn 100% of the profits on what your players lose, and you are your own boss, and you control the limits and betting settings of all your players.
Usually, a business entrepreneur has to spend loads of time and money to get their own business up and running, however, being a local bookie is just the opposite. There is an entire industry called pay per head that allows anyone to be a local bookie, by providing them with a fully inclusive sportsbook website. Then the provider manages all the lines and updates all the odds up to the second and posts thousands of betting options each day for your players to bet on. Then as soon as each game ends, they automatically grade all wagers, and all balances get immediately updated in both the players’ and agents’ accounts.
This means that you as the book don’t need to spend any time or energy on creating odds, understanding all the complexities of moving lines, or keeping track of all bets made and money won or lost on each account. Instead, the software does all the work for you, leaving you with plenty of time to focus on growing your business and acquiring more players.
Cost Effective and Huge Profit Margins
Besides doing all the work for you, the other reason these pay-per-head providers are such a huge benefit to anyone looking to run a gambling business is that they don’t cost a lot of money at all. Most entrepreneurial businesses cost a lot of money to start up, but not with being a bookie agent. Instead, these sites offer everything for an extremely affordable cost that is just based on how many active players a week bet thru the website.
On average the cost is $10 per player a week, and the player can bet one time or a thousand times during the week and it’s still the same price. Then whatever the player wins or loses, you as the bookie will handle the payments directly with your player and get to keep 100% of those profits. There are no hidden commissions, and in the world of gambling, players can easily lose hundreds to thousands of dollars gambling in any given week. For example, if one player lost $1,000 during the week, this would only cost you $10 for that player, which means you would net earn $990 in one week from just this one player.
The profit margins are huge, and since the cost is a flat fee, there is no limit to how much you can earn each week. The more players you have betting with you, then the more overall profits you will earn. Each player is going to earn the bookie a lot more than the small cost for that player being active.
It doesn’t get much simpler than that, and there are not many better ways to earn a large amount of money, with a limited cost, and not having to invest much time in doing it.
So get set up with a top pay per head service today and take advantage of these top benefits of running your own gambling business.