Is Sports Betting a Good Investment?
Whether or not sports betting is a good investment depends on one major factor, which is if you are the one gambling and making wagers for yourself, or are you the one booking action on wagers for other people? The difference is extremely important because gamblers over the long term always lose money, so if you are the one betting and making wagers then this is not going to be a good investment. However, if you are on the other side of the wagers and are booking the action for people then this will be a great investment and you could easily make a career out of it and make thousands of dollars a week.
The reason it is so difficult to be a consistent long term winner when betting on sports is that it’s hard to pick the correct winning team, and there is juice or vig that is charged on each wager, which means you have to go at least 60-65% on all your wagers just to break even. Most gamblers can’t even win 50% of the time, which means they are losing money when betting.
Instead, the smartest thing to do if you really want to make money in the gambling industry is to be on the house side and be a bookie. Bookies are just people that accept wagers on various sporting events and pay the players when they win and collect from the players when they lose. This just means whatever the players place a wager on, then you as the book just need the other team to cover or win for the player to lose and for you to in essence win that wager.
For example, if the Kansas City Chiefs are playing the San Diego Chargers and your player has the Chiefs -6.5, then he will win if the Chiefs beat the Charges by 7 or more points. However, if the Charges win the game outright, or the Chiefs win the game by 6 points or less then you as the bookie will win and the player will lose.
In order to be a bookmaker, all you need to do is just get set up with a pay per head service, and then just have players that want to bet with you. One of the top-ranked and most profitable pay per head services in the business is Ace Per Head dot com.
Ace provides bookies with their own sportsbook website that they can give to their players to bet on, which has thousands of sports betting options available to gamble on each day. You as the bookie do not need to worry about the maintenance of the website or odds, because Ace, updates the lines 24/7 and has some of the sharpest odds in the industry. In addition Ace grades all games as soon as they end and all balances are automatically updated into each player and agent account.
Depending on how many players you have and how frequently they bet and how much they bet each day, will vary and this will also affect your long term investment profits. Obviously the more players you have, and the more they bet on each game, and the more they bet per day will greatly raise the amount of money you will make each week. However even if you have a handful of bettors, that bet a few times a week and $50 to $100 a game, they will still lose hundreds to thousands of dollars per week, which is money you will collect and keep.
So give www.AcePerHead.com a call today at 1-800-909-5193 and get set up immediately so you can start being a bookie and being on the money-making side of the sports betting industry.
