Bookmaking Business for Dummies
If you are interested in starting your own bookmaking business then the good news is anyone can do it, and you do not even need to have any type of experience in order to be successful at it.
The reason it is so easy to start one’s own bookmaking business is that there is an entire industry dedicated to bookmaking that is called pay per head and they provide people with all the tools one would need to run one’s own sportsbook.
These pay per head companies provide independent bookies with a professional website where they post thousands of betting options each day, and manage all the lines up to the second 24/7 and then grade each wager as soon as each sporting event ends.
One of the best pay per head companies in the business is www.AcePerHead.com and they manage their odds by taking an aggregate of the 5 biggest books in the market and then move the lines based on where the action is going, and they also utilize the sharp players in their system, to move the line faster and more aggressively. As a result, you as the bookmaker do not actually need to know anything about how the lines are moved since Ace has a team of lines makers with a combined over 150 years’ worth of experience making and moving odds on sports.
Instead, you as the bookie can just relay on Ace to do all the work in terms of bookmaking, and you as the agent will only need to worry about acquiring new players to grow your business and then just paying and collecting from your players. Acquiring players is fun and easy and the more you hustle the more players you will end up getting.
The best way to get new players is by word of mouth and reaching out to all your friends, family members, coworkers, classmates, social media friends, going to sporting events, casinos, racetracks and bars and just talking to people to see if they have any interest in betting. Once you start getting the word out that you have a website for players to bet on sports, horse racing, and a virtual casino, you will be pleasantly surprised to see that betting is very popular.
There are all types of bettors out there such as people that are degenerates that bet every day and numerous wagers per day, or people that just bet a couple of times a week, or people that just bet when they go to a game, or when there is a big game on TV. Regardless of what type of bettor each person categorically falls under, the key is to just get as many bettors as possible because the more people you have betting on your sportsbook, then the more money you will earn over the long term.
Free Play
Another great way to grow your bookmaking business is to offer players small free plays to get them started or offer your current players a small free play if they refer you to a new player. A free play is exactly what it sounds like it is, a free specified amount that can be used to make a wager, and gives the player a can’t lose chance on a bet. The reason it is a can’t lose bet is because if the player loses the wager the free play just disappears and no money is deducted from the player’s balance, and if they win the bet then the free play disappears but the winning amount is added to their overall balance. This is a great way to get people hooked into betting, by giving them the thrill of having action on a game with no chance for them to lose.
So give Ace Per Head a call today at 1-800-909-5193 and get set up today so you can start making money from your new bookmaking business.
