Technology Can Always Help You

Details: Category: Tutorial; Created: Monday, 23 November 2020 01:32

Technology has changed many industries for the better, including online gambling.

The first online bet ever recorded was back in 1996 by Intertops. A Finnish bettor placed a $50 bet on Tottenham defeating Hereford United. Now billions are wagered by sports bettors online.

The explosion of online gambling can be mainly attributed to technology.

Anyone with an internet connection can place a bet from anywhere in the world. As countries have moved online, we’ve seen betting explode in countries all around the world.

Sports betting is growing the fastest in the USA, South America and Africa right now.

How Technology Will Make Your Life as a Bookie Easier

Let’s take a look at some of the ways technology can help bookies:

● Operational Efficiency: Bookies utilize powerful software suites provided by pay per head services. Your clients can bet on sports, horse racing, casino games and online poker.

You won’t be tracking bets using Excel anymore. When you use pay per head technology, everything is tracked in real-time and you can run your business part-time until your player list grows.

Your players will have an account they can sign-in to and place bets 24/7. You don’t need to accept the bets. Everything is automated with bookie technology, making your life easier.

● Unlimited Player Pool: Bookies aren’t restricted to promoting locally at the pub anymore. You now have a near infinite player pool that you can market to online.

Become acquainted with cryptocurrencies, as it’s the best way to deal with online players. They can post-up by sending you cryptos and then you pay them out if they end up winning.

● More Betting Markets: Technology allows small bookies to offer similar betting boards to the big players in the industry. With PPH software, you’ll have all sorts of markets available.

Your players can bet on futures, props, alternative markets and much more. Nowadays, technology even allows local bookies to offer in-play live sports betting as games are being played.

● Ease of Moving Money: Technology has made it easier for anyone to move money around the world inexpensively, securely and even in some cases anonymously.

Without online payment processors and cryptocurrencies, being an online bookie would be much more difficult, as moving money from country-to-country would be tougher.

Bookies need to be able to move money or they’ll quickly end up out of business. You also can’t use credit cards or your personal bank account to payout your gambling clients.

● Mobile Gambling: Watch your revenues increase by offering mobile betting. Your players can access their accounts on mobile devices, so they can bet from anywhere.

More people bet on smartphones than any other device nowadays. You need to embrace all of the available technology to ensure you’re putting yourself in the best position to make money.

Starting a sportsbook using pay per head technology isn’t expensive either.

You can even start for free by utilizing a PPH free trial. Test out the technology, make some money and then determine if this business is right for you without spending a dime.