Your Own Online Sportsbook Could Make Big Money
There aren’t a lot of online businesses where you can earn money now. An Online Sportsbook has to be at the top of the list.
Most online businesses have a barrier to entry. For example, to sell products on social media, you need thousands of loyal followers that are willing to spend money.
To make money through display ads, online marketers need lots of traffic (100,000+ pageviews).
There aren’t too many ways to earn money now with an online business, but one way is to start an online sportsbook. All you need to start making money is at least one player ready to bet.
How Long Does it Take to Launch a Sportsbook?
Depending upon the option you choose, you can launch an online sportsbook today.
Here are several ways to launch an online sportsbook:
- Pay Per Head (PPH): The best price per head companies will help you launch a sportsbook today by utilizing their software, odds managers, support clerks and expertise.
- Licensed White Labels: Some white label sportsbook platforms will only allow you to start accepting wagers once you become licensed in one of the required jurisdictions.
- In-House: Developing your own software to run an online sportsbook would cost thousands of dollars and take months of development time with no guarantee of success.
As you can see, the best way to earn money now as a bookie is to partner with a pay per head.
How Many Sports Bettors Will I Need to Make Money?
You only need one sports bettor to start earning more from your sheet.
Even with just one active sports bettor, you could end up earning hundreds of dollars a week. As you build your betting sheet, the money will start to roll in consistently.
A small bookie operation with 10 active players can earn thousands in monthly revenues.
What other business are you going to have the chance to earn six figures in your first year with little to no investment? All you need to start making money is a reputable PPH service backing you.
What Is the Upfront Investment to Start a Sportsbook?
You can earn money now without spending a penny.
PPH sites have free trials. For instance, we recommend RealBookies and they have a four-week trial where you can start earning money now before ever paying them any PPH fees.
After the free trial ends, PPH services charge a weekly fee for everything. The cost starts at $10 per player. The per player fee will decrease once you have more players on your sheet.
Are you sitting at home right now and need to make some money?
Do you know any friends that are betting on sports? You can start a bookie today at RealBookies with no money down. Get your players signed up and start making money.
When your players lose, you keep all of the money. You simply pay a weekly fee per player to gain access to the software and dozens of other features provided by PPH services.
With sports betting legal in 20+ US states already, now is the time to jump into the deep end. The industry is growing and there is no better time to jump into it than right now.
RealBookies Sportsbook software is definitely one of the top PayPerHead software’s on the market. Give them a look.