Is Gambling a Business?
Gambling is not just a business, but a multi-billion dollar worldwide business that people have been involved in one form or other since the beginning of time. Since May 2018, US states began opening the floodgates by legalizing sports wagering in the wake of the Supreme Court abolishing prior prohibitions against the activity. Unprecedented money has been made since including by bookies, gamblers, service providers including Pay Per Head providers, affiliates and....well, the states are the biggest beneficiaries.
In the Beginning....
Just look at Las Vegas, it is a town that was built in the middle of the desert and whose sole purpose is to attract people from all around the world, to come and gamble away their money. Everything about Vegas, with the over the top hotels and casinos, free rooms and drinks are meant to get people to come and spend their money gambling on card games, slot machines, and the sportsbook. All of the hotels and services are top of the line and luxuriously built because they make so much money from people losing from gambling.
However, you don’t need to be a Vegas-style casino to be in the gambling business. Instead, anyone that wants to book action, can become a bookie by using one of the various pay per head services that can be found online. These services provide a professional sportsbook website with thousands of betting options for players to choose from each and every day.
Lines Management
In addition, these services manage all the lines themselves and update the lines up to the second and are open 24/7. One of the most profitable pay per head services in the business is Ace Per Head because they have the sharpest lines in the industry and more betting options than the standard book. All they charge for this service is a flat fee of $10 per active player a week, and you only get charged if the player has a graded wager that week. So if the player does not actually bet that week then you will not get charged for that player. Then you as the bookie just handles all the payments directly with your players and you as the bookie keep 100% of the wins and losses from your players.
Get Gtarted Now
The best way to get started in the bookmaking business is word of mouth by reaching out to all your friends, family, coworkers, schoolmates, and social media friends and seeing if they would like to bet on your new sportsbook website. In addition, you can also offer people a small free play in order to get them started and interested in betting.
A free play is just a certain amount such as $50 that you give to a player that he will have the ability to use in one bet for the full amount, or separated into multiple bets with lower amounts. If the player wins the free-play bet then the free play just disappears and the money won is credit to his overall balance. If the player loses the free play then it just disappears and no money is deducted from his overall balance. This makes it a can’t lose bet for the player, and gives him the chance to try the website out for free and potentially get him hooked into the thrill of betting on sporting events.
Give www.AcePerHead.com a call today at 1-800-909-5193 and start your gambling business today.
