A Bad Place to be a Bookie Right Now: Boulder, Colorado
Boulder, Colorado and the area around it is no place to be a bookie this College Football season.
The Colorado Buffaloes have not only gone 10-2 Straight Up coming into their PAC-12 Championship game, they also covered the spread in 10 of 12 this season.
Nearby Colorado State has also enjoyed a stellar season, going 10-2 Against The Spread (though a somewhat less impressive 7-5 Straight Up).
The Denver Broncos, meanwhile, continue to enjoy a successful season, going 7-4 both Straight Up and Against The Spread heading into 2016 NFL Week 13. Boulder is just 30 minutes away from Denver and you will be hard-pressed to find anyone who follows the NFL who is not a Broncos fan, unless they happen to be transplants.
The hundreds of bookies serving this region would be wise to start doing business with a top flight Pay Per Head company the likes of PayPerHeadAgents.com.
Boulder is a decidedly white-collar city, with fully 92.63% of the workforce employed in white-collar jobs, well above the national average. This, coupled with the presence of an exceptional sports scene, makes the city and surrounding area an attractive target for bookies.
The use of a Pay Per Head service would have helped reduce losses through the offering of live in-play betting, numerous proposition and future betting options as well as the option of adding an online casino.
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.
Utilizing contracting services is common in many successful industries. In the case of a local bookie, the Pay Per Head provides a prudent means of adding that necessary layer of security, not just to protect from savvy sports bettors, but also by minimizing the potential of becoming victimized by criminal elements. A known area bookie residence will typically mean “cash on hand”, sometimes lots of it.
Boulder, like most cities of its size, does have its fair share of crime.
The chance of becoming a victim of either violent or property crime in Boulder is 1 in 31. Based on FBI crime data, Boulder is not one of the safest communities in America, thus reinforcing the need for local bookies to use a Pay Per Head company.
- Aaron Goldstein, Gambling911.com