Become a Successful Bookie Business Now
The COVID-19 pandemic may have slowed down industries around the world. Being a bookie in one industry that has seen growth during the pandemic is online sports betting and gambling.
With land-based casinos operating with restrictions or still shut depending upon where you live, a lot of gamblers have moved exclusively online and that’s great news for bookmakers.
If you want to become a bookie, now is still an excellent time to get started.
As long as US sports are running, even without fans, bookies will be fine. Most bookies make the majority of their money from the big six sports leagues in the US.
The big six sports leagues are the NFL, NBA, MLB, NHL, NCAA football and NCAA basketball.
How to Start a Sportsbook Today
Do you know at least one person that wants to actively bet?
Here are the steps to open an online bookie today:
1. Sign-Up to a Pay Per Head: We recommend RealBookies, as they’re one of the best PPH sites and already have hundreds of bookies working with them for many years.
When you sign-up to a per head like RealBookies, they’ll set-up your account instantly.
2. Add Players: A rep will help you create accounts for your players. Once an account is ready, you can provide the log-in details to the player and they can start to wager.
Keep in mind, it’s not as simple as opening up an account and providing log-in details.
There are a few things you have to do beforehand. Once the account is created, you need to set-up a betting profile for the account. You also need to create betting and credit limits.
3. Analyze the Action: You can use real-time reports to analyze the action you’re bringing in to make sure you’re turning a profit. If you’re losing money, the reports will identify where and your job will be to make the necessary adjustments to turn a profit.
In some cases, you’re going to have to ban a player because they’re winning too much. Sometimes a bookie will need to remove a certain bet type to prevent players taking shots as well.
For instance, there isn’t really any benefit to accepting huge parlays as a small bookie.
For one, a $5 parlay can potentially payout huge sums of money. What happens if a player bets $5 on a longshot parlay and wins $10,000? You’re never going to make that money back off that type of player and you may not even have $10,000 in your bankroll to payout the winner quickly.
Pay Per Head Free Trial Promotions
You can start a bookmaking business today with no money down.
RealBookies offers a four-week free trial to every new bookie. You only need money initially to cover any winnings your players might accumulate. There will be no fees for the PPH service.