Online Sportsbook? 1, 2, 3 - Go!
It is Easier Than Ever to Open an Online Sportsbook
Most online businesses are quick to launch although some are quicker than others. You might be surprised to learn that starting an online sportsbook can be quick. In fact, with the help of a pay per head (PPH) service, you can start accepting bets in less than 24 hours.
Follow These Three Steps to Start a Sportsbook Today
Starting a bookie with a PPH service allows for easy set-up. Just follow the following steps.
1. Join the Best Pay Per Head
There are a number of great PPH services, but spend some time researching them. You don’t want to have to switch anytime soon, so joining one of the top PHP companies is your best bet.
A1PPH offers all of the features of the best PPH services, but they charge slightly less than most of their competitors, which is ideal for new bookies looking to launch on a tight budget.
With A1PPH, you’ll even be able to get started with a four week free trial.
2. Set-Up Player Accounts
The PPH service will set-up your website and make sure everything is working.
You don’t need to have any technical know-how, as PPH services handle the entire set-up process. Your next job will be to work on setting up player accounts for your players.
If you need help, your PPH will assist you with this process. It’s not as simple as creating a username and password. Bookies also need to create a betting profile for every account.
The best PPH services have pre-made betting profiles that you can use or even tweak a bit.
You need to determine whether your players can bet on all of the markets available, how much they can bet, how much credit they have and what commission (vig) you’re going to charge.
3. Study the Reports and Data
At this point, you already have a functional website, you’ve created player accounts for your players, now you just need to sit back and allow your players to start wagering.
As the data grows, you can begin to study the real-time betting reports provided by your PPH.
These reports will allow you to view your exposure, how much you’ve won/lost by day/week/month and much more. It’s important you study these reports to find out where you need to adjust.
Get Started Now
There’s no better time than now to get started as a bookie. Sports betting has grown massively in recent years and there’s a massive market that’s hungry to place bets online.
As you can see, it’s not difficult to start a bookie when you join a PPH service.
The sooner you launch, the sooner you’ll begin to accumulate experience. One thing about this business, the more experience you have, the more successful you’ll be.
Don’t be disheartened if you have less than a handful of players when starting out. You only need one active bettor to start earning money and learning the ropes of the bookmaking business.
Start with a free trial and find out whether this industry is for you without spending money.