Worth it to Offer a Cryptocurrency Deposit Bonus?
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- Category: Bookie Tutorials
- Created: Thursday, 21 January 2021 10:43
Local bookies often ask the question, is it worth it to offer any deposit bonus? It certainly can be, and it can give you a huge advantage if you play your cards right.
Deposit bonuses are a good thing if you are willing to follow your clients with the rollover and do the work, however, they are next to impossible as a local bookie. If you have more than a handful of clients, you will probably not want to offer any kind of bonus.
If you do, then be prepared, and make sure that your bookkeeping skills are fine-tuned. You can’t cut corners with this; I guarantee your client won't! The best advice we can give you is to hire a pay per head to do all of the math and calculations for you.
They will also advise you on how to set up a cryptocurrency and use it on your website.
- · If you don’t have a website but have been thinking of going online with your business, then now is a better time than most. There are fantastic deals and the best PPH sites will custom-build your gaming site for free.
- · There are a select few PPH providers that are offering a package deal that includes the sportsbook, the racebook, and the virtual casino. As a local bookie, it’s next to impossible to offer anything other than a few daily side bets on sporting events. You certainly can’t offer any kind of casino and any horse racing action is limited.
- · The PPH opens up an entirely new world to your bookmaking operation. Now you can kick back and let someone else do the work. The sportsbook offers every sport known to man along with every possible way to bet on those sports. You will have the ability to offer your clients hundreds of daily prop bets, futures bets, exotic bets, lottery, squares, contests, free contests, deposit bonuses, free play, free bets, and more. Again, you get the website and all of its features for free.
- · The PPH will have your gaming website operational in a few days. Your clients will love the easy transition and the PPH will help you integrate your players for free.
- · The great thing about taking your business online (besides them doing all of the work), is the fact that you can now accept payment online. This is something that any bookie should consider. Who wants to run around looking for your client so they can deposit? Well, let’s back up, there are times and exceptions when this would be beneficial but in general, you don’t want to do this.
- · When thinking about payments you must think about what is best for you and your clients. You are probably used to taking cash. This is fine; however, you can’t offer your clients any incentive for depositing cash. Cash is cash, is cash. We all love cash but at the same time, there are no real advantages for the player or you.
- · You want to position yourself to give a bonus anytime you can. A bonus is built to bring the player back. They can beat you with a bonus if they play it correctly, but most don’t.
- · Give a bonus and attach a rollover or a playthrough (casino)- this will keep them coming much more.
- · A deposit bonus is worth your time because you need your clients in these crazy times. If they think they can get something for free, they will press you to offer it. Give them freebies in moderation and always know your budget.
No matter where you go or what walk of life you may be from, there is one certainty, gamblers are still gambling, and they want to give you money. Find someone that knows sports and hang around them for a while. Find a great PPH provider and talk to them about everything they can offer to make your business grow. Most of all, find a PPH that’s willing to give you the goods on a silver platter but charge a fair price. You must have great customer service that you and your clients can reach out to at any time, for any reason.
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