How to Profit From a Pay Per Head

Written by:
Guest
Published on:
Sep/05/2018

If you are looking to be a bookie then the first thing you should do is find a pay per head website that can provide you with a website and service with betting odds. These services can easily be found by googling best pay per head site and you will be able to choose from many different companies.

These services provide a website and thousands of betting options per day and then grade everything as soon as each sporting event ends. The service even includes a mobile formatted website since most players play from their mobile devices. The reason it is call pay per head is that these services charge you a fee per active player per week that uses the site. Most websites such as AcePerHead.com charge around $10 per active player a week, which means that if you have 10 players play during the week then you would be charged $100 for that week of service.

The term profit per head comes from what you will make per customer. So in simple terms, if you had 10 players and they all played then your cost would be $100 and if during that week your players lost $2,000 then you would make a net profit from your players of $1,900. Or put another way you would have an average profit per head of $190 that week from your players.

Now, this profit per head number is not always going to be the same each week, because you may have less or more players during any given week and these players are not always going to lose the same amount of money each week. Also sometimes these players are going to have some weeks where they actually win, which mean that you as the agent will not actually make any money those weeks.

However over the long term players always lose, and another way to determine if you can or will be profitable will be to look at it over the course of a year.††So for example, if a player were to play each week of the year and this player cost you $10 per week, then this player would cost you a total of $520 over the course of a full year.††This means that in order to be profitable from this player or any player they would have to lose more than $520 over a full year.

Many factors will contribute to how much a player will lose over the course of a year, and the main one is the volume of bets the player places per day and per week on average and the amount per bet.††If a player bets only a handful of times a week and they only bet $25 per game then this player could be difficult to profit from. However, a player that bets 10 times a day and 70 times a week and bets $25 a game can be a player that easily loses hundreds of dollars per week, which will definitely be a profitable player.

So the key to increasing your profit pay per head is to find players that actually make a lot of bets each day. Also, players that bet larger amounts and bet many times during the week will lead to these types of players losing thousands of dollars a week, which will only increase your profit per head.

How to Run a Bookie Operation?

Top Bookie Tips:

Gambling News

Syndicate

Subscribe to Syndicate
More