Running a Business as a Bookmaker

Written by :

C Costigan

Published on :

9 October, 2019

If you are looking to run a business as a bookmaker there are two ways this can be done.

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Either you can do it the old fashioned way and do it over the phone and keep track of everything with paper and pen, or do it the new age way and pay a price per head service to do everything and have a professional looking website.

Doing it the old fashion way will obviously lower the costs, however it will be extremely time consuming and cost you enormous amounts of time each week, because sports gambling never sleeps. In addition there are literally thousands of different betting options that can be wagered on in any given day, however if you are just doing it the old fashioned way there would not be a way for you to offer all those betting options and be able to keep up with odds that constantly move.

Instead you would be stuck just doing plain old whole game straight bets for just the 4 major sports. Also you would not be able to offer one of the most popular betting options on the current market, which is live in game wagering because those lines move every second. As a result you will not be able to grow your bookie business that much because most gamblers will want to use a website and bet on everything that is available in the sports betting market. Lastly your profits will also be limited because the volume of wagers will be low because of the limited betting options that you would be able to offer your players.

The other more professional and more profitable way to run a business as a bookmaker would be to pay for the services of one of the various pay per head providers in the market. These companies generally charge a flat fee of $10 per active player per week and you only get charged if the player actually has a graded wager for that week. So if a player does not have a graded wager that week then you will not have to pay for that player that week.

In addition these services provide you with a fully functional professional looking website where players can even use right from their mobile devices. There are thousands of betting options and different types of bets to make such as straights, parlays, teasers, round robin, if win or tie bets, reverses, props, live and many more.

Also the top services such as www.AcePerHead.com are open 24/7 so lines are always updated up to the second and you as the agent can call, live chat, text or email them whenever you have a question. So even though you will have to pay a small fee to use the service, you can start with as little as 1 player or have as many players as you want, because the more players you have then the more money you will make.

The betting volumes will be so much higher using a website then doing it the old fashioned way which will just lead to your players losing a lot more money than if they were just limited to the betting options that you would be able to offer as a one man team taking wagers over the phone.

Lastly, having a website service such as Ace Per Head, will make you look like a legit bookmaker, which will end helping you to grow your business much faster and easier than just doing it with paper and pen over the phone. So if you want to run a successful bookmaking business then give Ace Per Head a call at 1-800-909-5193 and get set up immediately.