Your pay per head fees are well worth the price. Get the most out of them.
Become a Bookie Today
The cost of entry into the sports betting industry as a private bookie is rather minimal.
You need limited equipment and enough startup capital to cover the early weekly action you plan to take in.
Look at aligning that business with a top-rated pay per head bookie services provider. The steep startup costs covering the necessary gaming technology and software solutions are already covered.
The pay per head industry works on a very simple business model. For one set weekly fee per active betting customer. You will have access to everything you need. You can build a profitable bookie business easier than you think.
Weekly Pay Per Head Fees
The technology provided gives you the ability to fully automate the day-to-day administrative tasks. The gaming software solutions provide the means for operating that business completely online.
This works out to be one of the best business startup deals going.
The cost of trying to duplicate these products and services on your own would not be financially feasible. You’ll pay around $10 weekly per active betting head. Then, you will have all the tools needed to run and manage a highly lucrative bookmaking business.
Besides only paying for what you use, your weekly pay per head fee is not tied to betting volume. That fee is set no matter how high the handle with a particular customer. More than a few private bookies have generated an impressive weekly income only working with a limited group of high volume bettors.
How to Get the Most Out of Your Pay Per Head Service
How you decide to form your betting base and build out your betting board is entirely up to you. However, there are a few proven ways to make the most of the weekly pay per head fees you pay.
The first is through a sports betting board that offers a wide array of betting markets covering a broad selection of sports leagues. Too many bookies make the mistake of limiting their board to the biggest betting events. This can cost you money in two distinct ways.
First, by limiting yourself to booking straight bets on spreads, totals and money lines, you are putting yourself into a 50/50 win/lose situation. This will limit your hold on the betting handle taken in. By expanding your board into futures, game props and live in-game betting, you will be offering markets that can produce a higher hold for the house.
Pay Per Head Fees Are a Minimal Cost
You also need to level the playing field against the big commercial sportsbooks when it comes to an expanded betting board. Why risk turning away even one bet on something that was not available through your sports betting board?
Another proven way to make the most out of your weekly PPH fees is expanded gaming options. As part of your weekly PPH plan, you can offer an online racebook for horse betting and an online casino filled with Las Vegas-style slots and table games.
Along with your sports betting board, you will also have the proper tools for managing any other gaming options offered. You can set both betting and credit limits on an individual account basis.
Moving lines and making changes to your board can be made in real time through various business analytics. Through the use of a comprehensive online bookie dashboard, you will always stay way out in front of the daily and weekly action coming in.