Own Your Own White Label Bitcoin Site for Bookies
Key takeaways: |
If you are an independent sports bookmaker trying to build a year round business with multiple stream of revenue, then you best course of action is to find a Pay Per Head site that can provide you with the a top-of-the-line online gambling software to handle a number of different Internet betting applications.
Sports may still be your bread and butter as a bookmaker, but the popularity of horse racing through an expanded racebook or live dealer games with your own white label casino can become a key part of the profit equation as you try and grow your overall customer base and build your bottom line.
PricePerPlayer allows anyone from the average Joe to the more skilled and established bookmaker to operate their own white label sportsbooks. PricePerPlayer does all the work for you, including providing the technically complex Bitcoin payment platform.
They offer expansive funding methods.
The PricePerPlayer.com Pay Per Head Software makes it easy for bookmakers to keep track of their player’s financial balance through its Player Payments and Transactions tool.
For bookies, this is an essential part of good bookkeeping practice for your sportsbook. This tutorial will go over the how to add a free play if you offer bonuses. Furthermore, it will also go over all different types of transactions/payments available.
How the Payment Solutions Tool Works
First, simply access the Player payment, adjustments, and transaction Tools. Here is how to access it:
- On the left menu, click on the” Management” link.
- Then Click on the “Player Management” option.
- Find the “Player you want to create a payment/transaction for
- You can Scroll down thru your list of players or use the “search” box option to find the player.
- Click on the icon that looks like a credit card. If you scroll over it, it will say “pay”
- A pop up will appear that will allow you to make a Player Payment/Transaction.
How to Create Player Payments, Transactions and Free Plays
- From there, you just need to choose the Transaction type you want to make and the amount of the transaction.
- Add a Description if you want so you can remember what the transaction was about or how it was paid or received.
- Click on Save and you are done!
Accounting Methods for Bookmakers
- Accrual Adjustment – For bookies, an accrual adjustment is one that affects the weekly balance but not the daily balance. This is mainly for
- Adjustment – This is to make a wager related adjustment that will reflect on today’s balance. An example of an adjustment is if a wager was void or to make an adjustment on a payout.
- Disbursement – For bookies, a disbursement is paying out money to players.
- Receipt – Adjustment to record a payment made to the bookie/agent. In simple terms, this is where a bookie would enter the any payment made by their players to pay off any balance that is owed to them,
- Free Play – Adjustment to give Players Free Plays and Bonuses.
Create a Bitcoin Sportsbook the Fast and Easy Way
Now that you know the advantages of opening a Bitcoin Sportsbook, the next step is to create one. This may same like an intimidating process on the surface but PricePerPlayer assures us that creating a bitcoin sportsbook is easier than one might think.
PricePerPlayer.com Pay Per Head platform is versatile and integrates various banking options for players. Therefore, when a player wants to deposit via Bitcoin, the bookie only needs to choose that option.
Once set up, simply point your players to one of their customized portsbook websites. However, if you want your own tailor-made online sportsbook, we can also help you with that. Either way, you players will have access to sports betting, live betting, online casino, live casino and a racebook.
The best part is that it only cost $5 per player and with no obligation or personal information necessary. In addition, the first 2 weeks are free which means no deposit or payment are necessary to open your sportsbook!
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