The sports betting market in the United States has had huge growth in the last few years. More and more states are legalizing sports betting and offering retail and online sportsbooks. On top of that, there are many offshore sportsbooks that are licensed and regulated and accept players from the U.S.
While the state-regulated and offshore online sportsbooks are a big piece of the sports betting industry, it is still private bookies that take in most of the action for sports betting. This is why the time is right for private bookmakers to run their own sportsbooks using a reputable pay per head (PPH) service.
A private bookie using a reputable PPH service can make a nice profit, but it is key to choose a reputable PPH software provider. The best services let you create your own custom pay per head plan.
The way that people wager on sports continues to change. What drives this is the latest technology as well as modern sports betting software.
A private bookie that does not have a solid PPH software provider will be behind the 8-ball from the get-go, and their chances of making a profit from their players will be much more difficult.
The cost of a PPH service does factor into the equation when it comes to coming out ahead in making a profit. However, it also helps to grow the sportsbook service to get more players and therefore increase the likelihood of making a profit being a private bookie.
To be ahead of the game, you need to take advantage of professional tools. Still, having your own online bookie business using a great PPH website does not have a huge cost to get the ball rolling.
If you were to set up your own online sportsbook, the costs are significant, to say the least. This is why PPH services came about, allowing people to be their own bookies using a solid PPH site where they can make money on every wager made, win or lose.
The PPH fee per week for your betting customers can allow you to get a turnkey online wagering software package for making sports bets. The solutions are set up so that the administrative aspect of the bookie service is taken care of.
Because of that, you can concentrate on dealing with your customers and making more betting options available to them. Using a solid PPH service allows you to offer many betting options to your customers, and the more bets they make, the more money you will make.
Finding the Right PPH Service
All PPH services are not the same, and you need to do a little research to find one that is best for your situation. One of the first things to pinpoint is how much money you can make from being an online bookie.
Solid PPH services will allow you to do that with a revenue calculator and a service that offers that is one you should use.
Some of the essential things that you should look for in a PPH service include:
- Experienced bookmakers on staff
- Customer phone support that is toll-free and available 24/7
- Has a good dashboard
- Allows for live betting and mobile betting
- Helpful tools
- The right price