Sports Betting in the Cleveland Area a Bookie Killer With Indians, Cavs
The Cleveland Cavaliers won the 2016 NBA Championship and the Indians have been on fire, just ending a 14-game winning streak.
This has all translated into a meltdown for local area bookies, at least in recent months.
It should be noted that the Cavs should have been profitable for bookies who stood by them since Day 1 since Cleveland ultimately went 37-42-3 Against The Spread in 2015-2016. The Indians, as of this writing, owned a 49-31 record.
So how will the Browns perform this upcoming season? Whose to say all this won’t rub off on the home town NFL team?
A Pay Per Head runs all aspect of the bookie business with the exception of handling financial transactions. They charge a small weekly fee per customer (per head), often starting around $10. In the long run, bookies and agents alike save money while minimizing the headaches involved in running such a business entirely on their own.
Pay Per Head services the likes of PremierPerHead.com would have helped boost that profit margin further through the offering of live in-play betting, numerous proposition and future betting options as well as the option of adding an online casino.