What is a Bookmaker in Gambling?
The simple answer for what is a bookmaker in gambling is that it is a person or organization that accepts wagers on various sporting events such as the NFL, NBA, MLB, NHL and more. This can vary from being a casino, offshore online sportsbook, or just being a local agent that accepts wagers on games. So now, more importantly, how does one become a bookmaker in the gambling industry if this is something you are interested in?
That answer is pretty simple as well because there are numerous pay per head websites that allow people to pay to use their platform and website to accept bets on sports. Pay Per Head Websites such as AcePerHead.com provides an all-inclusive website that has up to the second lines on thousands of different betting options each day. Ace does all the heavy lifting including having in-game live betting during all the games in the four major sports and then they grade everything as soon as the sporting event ends each day.
As the bookmaker, you will have your own agent backend where you can see all your players open wagers and then see all their daily and weekly balances automatically calculated for you by the website. You will also have an exposure feature that shows you exactly how much you have in terms of the monetary value of bets on each game. So if you are getting action on a game only on one side then you will even have the ability to move the line if you want to entice your players to bet the opposite team.
All of Ace Per Head betting lines are monitored and updated up to the second and 24 hours a day 7 days a week by a team of experienced bookmakers that have been in the industry for decades. In addition, the lines are calculated using an average of some of the biggest books in the world and then managed based on the amount of action each side is receiving, along with adjustments made for where the sharp and smart money is going.
The only thing you really need to do as the agent is just recruit players that are interested in betting with you. These types of people are very easy to find, and a good place to start is with your close friends and family members. In addition using social media networks such as Facebook, Twitter, LinkedIn and many others is a great way to contact old acquaintances from school, work, and life that could potentially be a new bettor for your bookmaking business. Also, the best thing about being a bookmaker is that they all make a lot of money because nobody wins from making bets over the long-term.
How to Become a Bookie Agent?