Step by Step on a Bookie Journey

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Category: Bookie Tutorials

Created: Sunday, 12 December 2021 18:04

Want to become a bookie? It’s a journey, but the only way to grow your passing into a career is to start from the bottom. We’re going to walk through the necessary steps to begin your journey.

Step One - Analyze the Business Opportunity

Have you already spent time analyzing the bookmaking business?

 Here are some of the main things you need to consider if you’re looking to become a bookie.

Time: A small bookie can operate with part-time hours, but you can’t disappear for weeks.

Technology: Do you know what software/technology you need to operate an online bookie?

Market: How do you plan on marketing your sportsbook to find active players?

Money: There are weekly costs bookies need to cover on top of paying out winning players.

Read more: Step by Step on a Bookie Journey

Advantages of Bookie Pay Per Head – PPH Makes Bookie’s Life Easier

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Category: Bookie Tutorials

Created: Saturday, 13 November 2021 20:17

When you start a bookie business, you’ll have control of the entire operation. At the same time, you have more time on your hands. However, being a one-man crew can be tiring. Thus, you need to know the advantages of bookie pay per head solutions and how they can help you with the independent sportsbook.

When becoming a bookie, you need to give what players want. But, also, you need to know about the games and the news. That’s how a PPH solution comes into play. It would reduce your workload and allow you to prioritize marketing the sportsbook.

The benefits of using a PPH solution are endless. However, here are some of the advantages you can get from a pay per head.

Advantages of Bookie Pay Per Head

The first thing you need to know about PPH is the low initial capital required. You only need to pay a small amount for every player each week. Also, PPH services will take care of all the backend operations, including handling financial transactions, updating odds and lines, and customer service.

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Know Your Players | Some Are Lucky-Some Have Skill

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Category: Bookie Tutorials

Created: Friday, 03 December 2021 01:08

A group of bookies from the Caribbean and Costa Rica decided they had had enough, and they wanted a better way to reach their clients. What was happening around them was some stiff competition from online sportsbooks. The bookies were realizing that a few investors had pooled their resources and started what would later become the “online sportsbook craze”.

They were taking the competition because gamblers want to gamble on their time, not the bookies time. With an online sportsbook, the gamblers can do exactly that. They can gamble at 3:00 a.m., or at any time, and from virtually anywhere in the world that has an internet connection.

A price is very reasonable if you are getting what you pay for. “Are you getting what you pay for”, is the question that you should be asking yourself. What is a reasonable price, is it $2 per head, what about $5 or $8. Let’s take a quick trip back to the late 1980s when this pay per head phenomena got its start.

Read more: Know Your Players | Some Are Lucky-Some Have Skill

Percentage Matters

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Category: Bookie Tutorials

Created: Friday, 05 November 2021 19:43

Some pundits are curious to know bookies' betting operations' profitability. You can check a company's hold percentage to get the total wins and losses players made.

Some agents view the percentage by day, game, week, year, or month. Read on to learn more

What Is Hold Percentage?

Hold percentage is the final amount casinos get from a game. Some operators use the percentage to record their average earnings from each table or to report the money the house has earned from the table in a day or night.

Typically, the house holds 10 percent from a table. So, a blackjack table will get £500 if players gambled for £5,000.

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Pick the Right One

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Category: Bookie Tutorials

Created: Thursday, 25 November 2021 01:22

Bookies across the United States are using the best pay per head services and there are more than a few good reasons for this. Before we talk about the best pay per head services, let’s first talk about the fact that the bookie business in general, has changed.

It has changed drastically over the last 20-years and has changed drastically in the last 5-years. It seems that every 2-3 years, the industry is turned upside down. What drives this change? Gamblers. They want more, they demand more and there are more of them. The industry must reinvent themselves every 2-3 years in order to keep up with demand. Gamblers will come if you supply what they are looking for.

They will spend a pile of cash if you give them the right opportunity to do so. You must be flexible to change and willing to reinvent the wheel every now and then. Good things come to those who are willing to go the extra mile and find a top of the line Pay Per Head.

Read more: Pick the Right One