Anyone even remotely familiar with sports betting probably knows that American football and more specifically the NFL is the biggest draw when it comes to the billions of dollars in revenue this industry pulls in on a yearly basis.

What most sports bettors probably do not know is that private bookies account for close to two-thirds of all the sports betting revenue this industry creates in the US alone. Independent sportsbooks that are run and managed by a private bookie continue to drive the lion’s share of the growth in US sports betting even as more and more individual states enter the market with both land-based sportsbooks and online betting sites.

If you are a private bookie running and managing your own sportsbook in what is still a very competitive marketplace, you should always strive to boost your sports product with the help of a quality pay per head online sports betting software provider.

Boost Your Sports Product With Expanded In-Season Betting Options

One of the easiest way to drive betting revenue to increase your sports product is by increasing the betting options for the games. A perfect example of this would be game, team and player props for individual matchups. Considering that the NBA and NHL regular season consists of 82 game ahead of an expanded postseason run spanning two extra months, bringing in some extra action on props for just a few games each week can add up to some serious profit over the course of the entire season.

Once June rolls around, the daily MLB game slate is the only consistent betting action on the board. Baseball is one of the best betting sports for props given just how many possible betting options there are in one single game.

You need to promote prop bets and other betting options within individual games to your entire sports betting base as well as to any prospective betting customers. By making them an integral part of your overall marketing plan, you will be able to maximize the added profit to your operation’s bottom line.

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Boost Your Sports Product With Offseason Betting Options

Football is king when it comes to sports betting with the NFL leading the way. No matter how much money you may make during the five months there are actual games on the board, there is still more money to be made during the extended seven month offseason.

Once the upcoming regular season’s official week by week NFL schedule is released and the annual draft is in the books, there are a world of betting opportunities on the board in the form of:

1. Expanded NFL futures
2. Team and player props
3. Betting odds for projected win totals
4. NFL Week 1 game lines

You need to work closely with your price per head shop to build out your offseason NFL betting board with everything that is available leading up to summer camps and the start of the NFL preseason schedule in early August. You never want to run the risk of having even one of your sports betting customers turning to a different source to bet on something that was not available on your betting board.

The same concept of expanded offerings holds true for any major sports league during its offseason. While limited in range and scope, there are added betting options for the top two college betting sports (football and basketball) during the offseason as well.

Boost Your Sports Product by Expanding Your Entire Betting Board

If football, basketball, hockey and baseball account for the majority of the action you take in, you are leaving money on the table. While sports such as professional golf and tennis, motor racing, soccer, boxing, MMA fighting and horse racing do not have the wide-scale appeal as the top four major betting sports, they can collectively add up to both increased revenue and overall profit.

At some point during the yearly sports calendar, each of these secondary betting sports is catapulted into the national spotlight. You need to position your bookie business as a one-stop shop for everything going on in the world of sports. Whether it is one of golf’s four Majors, the Daytona 500 in NASCAR or the Kentucky Derby in horse racing, working directly with your pay per head service will help you capitalize on everything else that goes on in the sports betting world during the year.

A bookmaking agent will normally take one of two different approaches to running and managing an independent sportsbook. The first is to develop a solid sports betting base of private customers that place all of their bets with you as a sole proprietor of that sportsbook. This has been a proven way to make a very lucrative return in the rapidly expanding sports betting industry.

The other approach to running and managing a private book is by expanding both the scope and reach of your business with the use of sub-agents that work under the umbrella of your bookmaking operation. You, as the business owner, assume the role of Master Agent in charge of the entire operation.

The easiest way to set up a bookie business as a master agent with a network of sub-agents is through a top-line Pay Per Head online sports betting software solutions provider. The bookie software solutions are designed to handle all the intricacies of placing bets online through an expanded network of agents. You will always maintain that high level of control needed to be successful as a master agent while also increasing the bottom-line profit your bookmaking operation brings in.

Proper Planning for Expansion

Once you decide to expand your bookie operation with the help of sub-agents, it is vital that you have a set business plan in place to smoothly handle this transition. The first step is to clearly define your goals over the next few months and over the next few years. Once you know where you want to take your business, you then need to put the proper plans in place to achieve those goals.

You need to keep in mind that growing and expanding any business is a work in progress and all plans are subject to change. However, you need to avoid going into anything new blindly without a clear direction in place.

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How to Find the Right Sub-Agents

At the top of the list when it comes to ways to grow your network is the task of finding the right sub-agents. They need to fit into your personal business style while also possessing the ability to grow their piece of the business behind their own style and abilities.

The following is a list of 5 character traits that should be taken into consideration when recruiting a sub-agent for your bookie business:

1. Dependability
2. Coachable
3. Compatible Personality
4. Dedicated to Their Craft
5. Sincerity

If your sub-agent is not dependable to do their job on a regular basis, they will prove to be more of a hindrance than an asset.

You do not have to find sub-agents with an extensive resume in the sports betting industry as long as they are coachable on how to run their piece of the business.

It makes all the sense in the world to work with someone you can get along with. The private bookie business relies heavily on the added level of customer service and attention to detail that the big commercial sportsbooks simply cannot provide. You need sub-agents that can mirror the higher level of service that you already provide.

Once someone does decide to become a sub-agent for your book, they need to be dedicated to both your short-term business goals as well as your long-term business plans.

Finally, you need to find sub-agents that are sincere and honest in their approach to working with their betting customers. If they work for you, they become a direct reflection of your business as a whole.

Where to Find the Right Sub-Agents

The same marketing tactics you employ to grow your sports betting customer base can also be used to find the right sub-agents to expand it. In fact, many of the best sub-agents that got into the bookie business started out as sports betting customers.

Start with your existing customer base when it comes to prospecting for potential sub-agents. Chances are that if someone loves betting on sports, they may jump at the opportunity to work in the sports betting field. Word of mouth referrals are still the best way to grow and expand your bookie business. Whether you are looking for additional customers or sub-agents that can successfully develop their own customer base.

Any business owner know just how important it is to generate enough profit to meet all the financial needs of their company as well as their financial expectations for an acceptable return on investment. Unfortunately, one of the main reasons why so many businesses fail, is the owner’s inability to meet those profit goals.

As a private bookie running and managing your own independent sportsbook, there are certain steps you can take to maximize the profit you earn on the betting revenue you bring in. A private bookie makes money on the hold percentage. This refers to the money leftover after all the winning bets have been paid and the losing ones with the juice (or commission) have been collected. As a general rule, you should be able to clear at least five percent of the total betting revenue your bookmaking operation takes in.

Working With The Right Pay Per Head Bookie Software Provider

One of the biggest and costliest mistakes a private bookie will make is shopping for an online sports betting software provider on price alone. The general Pay Per Head business model charges a weekly fee for every active betting customer. Included in that price should be all the business tools needed to successfully run and manage an independent sportsbook.

Your PPH service also needs to be safe and secure when it comes to processing all the daily online transactions that are part of booking bets. It also needs a reliable operating system that remains up and running 24 hours a day, every day of the year.

Your price per head shop should also provide all the betting lines you need, when you need them. Fast and sharp lines are the lifeblood of a private bookie business along with the ability to quickly move those lines or change your betting board to stay ahead of the daily action coming in.

The top pay per head sites are also backed with a highly trained customer service team that can work with you as the booking agent as well as with your sports betting customer base. The online sports betting software solutions package should be able to provide real-time business analytics through a variety of online business reports.

If you current PPH service is lacking in any of the features and benefits mentioned above, it is time to find a bookie software solutions provider that can fit the bill.

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Online Marketing Plans That Move the Business Dial

Today’s sports betting industry is far more advanced than it was just five years ago. The majority of sports bets are placed through a mobile betting platform with the use of a handheld device. Even most of your older betting cliental has gravitated to the internet to place their bets.

You need a marketing plan that maximizes your online presence to attract the type of sports bettors you choose to do business with. The top price per head shops can help you with this task by creating an online sports betting site that is highly professional in its presentation.

All of your online marketing efforts need to enhance the professionalism of your private book. Your plan does not have to be elaborate, but it does need to be targeted in its approach.

Creating Multiple Streams of Revenue

The easiest way to maximize profits is by increasing the services you provide. In order to build a bookie business than can meet all of your customer’s betting needs, you should offer:

• An extensive sports betting board with a wide variety of sports and sporting events There should also be a wide array of betting options.

• An expanded racebook for horse racing that covers the majority of the tracks in North America as well as major graded events in the UK, Dubai and Japan.

• An online casino application for slots, other video gaming options, electronic table games and access to live-dealer table games.

The ability to market your bookie business as a one-stop shop covering every online gambling option will help to create strong weekly cash flow as well as a strong balance sheet when it comes to your company’s bottom line.

The American Dream is all about owning and running your own business. The majority of the jobs in this country are produced by small business owners that are either self-employed or running a company with the help of a small group of employees.

There are far more business failures than success stories when it comes to forging out on your own. However, that should never be a deterrent if you have a solid plan and follow the proper steps to getting any small business off the ground.

It All Starts With a Plan

It is hard to drive to a new destination without GPS or a map. It is next to impossible to start a new business without a comprehensive plan. At the top of the list is the product or service you plan to sell. A close second is uncovering a viable customer base to buy that product or service. helloyes

 

If you are planning to be the fourth pizza shop in a town with a very small population, you are probably trying to enter a saturated market. If you are going to be the only person cutting hair in that same town, you should already have a customer base with strong built-in potential. The bottom line to any business plan is finding a strong market need and filling it.

Your business blueprint is essential to not only getting things started, but fueling that early growth with enough market resources to expand the overall customer base. Without customers you do not have a business, just a great idea for one. Without enough customers, you do not have the necessary resources to keep that business viable.

Raising Start-Up Capital

One of the main reasons why so many new businesses fail is the lack of financial capital to weather the early storms every new business owner is bound to face. You need to expect the unexpected when you open any new business and having the ability to handle the bumps in the road with available cash is crucial.

Banks and other financial institutions are more than willing to finance solid business plans. However, they are only going to give you so much rope before you hang yourself. Being leveraged to the hilt before you first open your door for business is a very dangerous way to get any business off the ground.

You still need some cold, hard cash at your disposal to supplement weekly cash flow and your living expenses when things get a bit lean from time to time. This is extremely important if you decide to get involved in a seasonal business with major swings in business traffic.

Growing and Expanding a Customer Base

As mentioned, you really do not have a business without customers and you probably do not have a viable business without some kind of expanded business base. Growing and expanding a customer base is not too tall of a task in you are offering a product or service that is in demand.

The following is a short list of how to increase your customer base:

• Word of Mouth Referrals
• Targeted Advertising
• Professional Online Presence
• Targeted Social Media Applications

The two biggest takeaways from this list are ‘word of mouth’ and ‘targeted’. If you are good at what you make or what you do, you will attract a solid customer base. Having someone else sell your product or service for you because they are happy and satisfied is the quickest and most effective way to grow a business.

Shotgun approaches to reaching potential customers can work in certain instances. However, taking a targeted rifle approach to hitting potential targets is always a much more effective approach to finding the best customers for your business.

Long-Term Business Strategies

Too many businesses get caught up in early success to the point where they take their eye off the prize. A fast start out of the gate is great, but long-team planning is what will make a business financially viable for the long haul.

The main reason that people go into business for themselves is to be their own boss. You need to develop the mindset that your top priority is to be your own boss until you decide to retire. The combination of short-term and long-term planning strategies is the best way to ensure that you get the most out of any business venture.

Sports bettors in the United States are familiar with the land-based sportsbooks located in the big casino properties on the Las Vegas Strip. Recent expansion beyond the state of Nevada into new sports betting markets in New Jersey, Mississippi and Delaware just to name a few have helped to grow and expand the overall sports betting market in the US.

Another highly popular way to bet on sports is through the betting sites of big, commercial online sportsbooks catering to US players. Given the combination of both land-based and commercial online sportsbooks, one might get the impression that making money as an independent sportsbook agent would be tough to do.

The reality of the sports betting industry in the US dictates that private bookies running and managing an independent bookmaking operation still handle close to two-thirds of all the sports bets placed in the country. Aided by a Pay Per Head business model for bookie sports betting software solutions, the barriers to entry actually remain rather low.

Private Sportsbook Agents

Working for yourself has been the American dream ever since this country first gained its independence close to 250 years ago. Unfortunately, running a successful business that can meet your financial needs over the long haul is not as easy as it seems.

The two key ingredients needed to start any new business are supply and demand. It has already been determined that the supply of sports bettors in the US is at an all-time high. With this high demand, it has also been noted that today’s sophisticated sports bettor is looking for a higher level of customer service and personal attention to their online betting account that the big, commercial sportsbooks cannot supply.

This opens the door wide open for a private sportsbook agent working with the right price per head bookie software solutions package. As a private bookmaking agent, you can supply the higher level of customer service that today’s sports bettor is looking for. Best of all, you can basically hand-pick the sports betting customer base that you wish to work with.

Your PPH service’s operating system is designed to handle the day-to-day transactions that go into booking sports bets. This creates a situation that lets you spend most of your time building and growing your overall customer base to best meet your specific business goals.

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Making Money as a Private Sportsbook Agent

Successfully running and managing your own independent bookmaking operation as a sportsbook agent still requires hard work and careful planning. Working with the right price per head shop is a big part of the equation, but so is staying way ahead of all the daily betting action coming in. Even the best sports betting software solutions will be worthless if you do not learn how to use them.

The Pay Per Head business model is designed to be easy to operate in a very turnkey fashion. Real time analytics through any number of business reports can help you track the betting action on a daily, weekly and monthly basis. Individual online account profiles for each of your betting customers allow you to drill down as deep as you want into these stats. The ability to set and move your own betting lines as well as change your betting board to best meet your needs is a crucial aspect of sportsbook management.

The burden of making money as a sportsbook agent still falls squarely on your shoulders, but your chances for success are increased dramatically if you work with your price per head shop as a valued business partner.

Increasing a Sportsbook Agent’s Hold Percentage

The basic way any bookmaker makes money is the difference between the winning bets paid out and the losing bets collected plus the 10 percent commission charged. The difference between the two is often times referred to as a agent’s hold percentage. A few of the basic factors that affect a hold percentage are as follows:

• Total Weekly Betting Volume
• Balance Betting on Either Side of a Bet
• Betting Limits on an Individual Basis
• Betting Options on an Agent’s Total Betting Board

All four of these areas need to be addressed on a regular basis to create a hold percentage that can meet and hopefully exceed your overall profit goals.

Every single industry across the United States and around the world has been impacted by technology. More specifically, advanced online technology in conjunction with the internet. This evolution over the past few decades has dramatically changed the way we do business today.

It was not that long ago that gambling at a casino resort was limited to the state of Nevada. Las Vegas quickly grew to become the gambling capital of the world with some of the biggest and most famous casino resorts on the famous Strip.

These days, gambling has not only expanded across the country through land-based casino resorts and race tracks. It is now available wherever there is access to the internet.

Origins of Sports Gambling Software

Las Vegas was also known as the sports betting capital of the world for its proliferation of land-based sportsbooks located in most casino resorts. Sports betting also existed online with the expansion of offshore sportsbooks in certain Caribbean and Central America countries in the early 1990’s. Many of these books successfully tapped into the US sports betting market despite the federal government’s attempts to prohibit sports betting in the country.

Along with land-based books in Las Vegas and online through a wide variety offshore books, the local bookie still commanded the lion’s share of the revenue generated by people betting on sports. The tools of the trade early in the private bookie industry were a phone, paper and pen. Their primary market consisted of local bars, social clubs and pool halls.

Flash forward to today’s sports betting industry in the US and nothing has really changed except how sports bets are placed. Recent changes in the law have opened the gateway to land-based sports betting in a number of states such as New Jersey, Delaware, Mississippi and Pennsylvania with many more to come. The online sportsbook business is still booming with a grocery list of options for US players.

However, the biggest share of the sports betting market still belongs to the private bookie with the help of an online sports betting software solutions provider.

Pay Per Head Sports Betting Software

The main reason why independent bookmakers still dominate the sports betting industry is the online business model for booking bets. Just as the offshore sportsbooks developed specific software applications to take their business online, other software developers turned their attention to online sports betting solutions tailored towards a private bookie.

Known as “Pay Per Head”, a private bookie can contract all the business tools needed to run their operations online. The startup cost is minimal and the proper bookie software solutions can be obtained for a low, weekly fee for each active sports betting customers. Also known as price per head shops, these bookie software solutions have specifically been designed to help the private bookmaker level the playing field with the big commercial online sportsbooks.

Continuing advances in pay per head sports betting software have further refined the entire process to help fuel growth in this segment of the sports betting industry. Today’s highly sophisticated sports bettor is looking for a higher level of customer service and attention to detail that a private bookie can provide and a big books could never match.

The Nuts and Bolts of Pay Per Head Bookie Software

The typical pay per head site will present their online sports betting software solutions package in terms of features and benefits.

Some of the most basic features include:

• Online Sports Betting Bookie Dashboard
• Account Profiles for All Sports Betting Cliental
• Fast Access to Sports Betting Lines and Odds
• Real-Time Business Analytics Through Activity Reports

Once a bookie business goes online with a pay per head provider, the entire process of booking bets becomes completely automated and turnkey on a 24-hour a day basis, every day of the year. All the vital information is stored on a database that is operated with a very high level of redundancy. The operating system is also designed with security features that ensure that every online transaction is completed in a safe and secure manner.

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When it comes to the most important benefits that pay per head bookie software can provide, the short list would look as follows:

• Cost Efficient Business Model
• Applications for Multiple Revenue Streams
• 24-7 Customer Support
• Mobile Betting Platform for Handheld Devices
• Advanced Online Marketing Tools

Successfully running and managing an independent sportsbook still takes hard work and dedication. A quality pay per head provider can fill the role of the silent business partner handling the operational end of things. This will free up more time for building and growing the business with a specific marketing plan.

The best price per head shops in business today understand the concept that their future financial health and prosperity is directly tied to their bookie agent’s long-term success.

Other Pay Per Head Gambling Software Applications

What really adds value to the pay per head business model for private bookies is software applications that can generate multiple streams of revenue. As part of the weekly fee paid for active sports betting customers, the private bookie can expand their services to horse betting with an online racebook as well as casino gambling with online access to slots, video poker and table games.

One way that a private bookie can level the playing field with the big online sportsbooks is by becoming a full-service bookmaker. Along with an expended sports betting board with a wide variety of options, a racebook for horses and an online casino covers any customer’s online gambling needs. Offering all three online gambling services is also the perfect way to fill the seasonal gaps in the sports betting calendar.

Horse betting is a year-round activity given the sheer number of race tracks running a daily card in North America alone. Online casino gambling mirrors a land-based venue with slots, video poker and other electronic gambling games. The fastest growing segment of gambling online is specialized software offering access to live-dealer table games. Customers can interact with an actual dealer as well as other players at their table. Blackjack, Roulette and Baccarat are the three biggest live-dealer offerings.

Summarizing Gambling Software Solutions for Private Bookmakers

It would be next to impossible for any private bookie to duplicate the gambling software applications offered by pay per head services given the prohibitive start-up cost. The barriers to entry becoming a private bookie are extremely low as compared to starting any number of other independent businesses. The low, weekly price per head fee is a highly cost-effective way to acquire all the necessary business tools needed to run a sports bookmaking business.

Any apprehension towards taking a start-up bookie business online can easily be resolved by taking these pay per head software solutions for a test drive. Most quality PPH services offer a free trial period to decide if their software solutions are a good fit for a bookie’s specific business needs.

Most of these online sports betting software packages are turnkey and extremely easy to navigate. As a big plus, they are also supported by a trained customer service teams with experience in the online sports betting industry.

Anything charged on a ‘per head’ basis implies that there will be a cost for each individual involved in using a specific product or service. An all-you-can eat buffet at a restaurant or a per person tax related to an offered service immediately come to mind.

The term ‘pay per head’ is also related to the online sports betting industry. This is the weekly fee that is charged for access to online sports betting software often used by private bookies to run a bookmaking operation. Sometimes this particular business model for leasing online sports betting software applications can be presented as a “price per head” service fee. The software package is also known as “online sports betting solutions.”

Regardless of how it is presented by the various companies offering these services, a private bookie can successfully run and manage an independent sportsbook by simply paying a low, weekly per head few for each sports bettor utilizing the online sports betting application.

Pay Per Head Features

Given the complexities of running an online bookie business, you need to have the proper business tools in place. The main function of pay per head is to process all the various daily transactions that go into a business of this nature as a low-cost alternative to duplicating these software solutions on your own. Given the basic economies of scale associated with the pay per head business model, the more sports betting customers you serve, the more cost efficient your operation will be.

Some of the most basic features included in pay per head online bookie solutions are:

• An online interface for placing sports bets
• A mobile betting platform for handheld sports betting applications
• Easy access to a line setting service to build out your betting board
• Backend software access for key business reports

This list just scratches the surface when it comes to all the features included in a quality pay per head plan. Two very important things to always keep in mind are that all price per head shops are not equal and price should never be a major determining factor in which PPH service you choose.

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Pay Per Head Benefits

There are more than enough pay per head providers trying to sell their services by price alone. If something seems to be too good to be true, cross that PPH service off the list. If you are just starting your bookie business, paying a higher price for a premium pay per head plan might appear to be overkill. However, having access to all the primary benefits now will allow you to grow into the role.

The last thing you want is to get hit with added fees and hidden costs when you need to add a service to a list. For example, receiving bet alerts in real time may be included in certain plans, but treated as an add-on cost in others. Whether you are booking five bets a day or 500, you will always want to stay way out in front of the betting action coming in.

The most important aspect of your bookie business is the ability to market your services online. Some PPH services will provide a generic online betting portal with your business name the only customized part of the site. Other price per head shops employ an in-house design team that can fully customize your company website to meet your specific business needs. They will also maintain that site as the host company.

Since the majority of sports bets are placed online these days, you need a highly professionalized online presence that can attract sports bettors to your services. Your built-in edge against the big commercial online sportsbooks is the higher level of customer service and attention to detail that you can provide.

However, if you have a third-rate website that looks like it was designed by your nephew in grade school, you will be viewed as a third-rate bookie.

The Right Pay Per Head Service

Finding the right price per head shop that can meet all of your business needs will be the most important business decision you will need to make as a private bookmaker. Making the right decision right out of the gate will save you hours of frustration and aggravation further down the road.

When you think of your pay per head service as a crucial but silent business partner, it will help to keep things in their proper perspective.

Remember that:

• There is money to be made as a private bookie in a fast growing industry

• The right pay per head sports betting software solutions provider can make all the difference in the world

• Short and long-term success hinges on proper planning, business expansion and a strong commitment to the tasks at hand

The sports betting industry across the United States and around the globe has evolved into a multi-billion-dollar enterprise aided by major advances in online technology and specialized software applications. When you think of betting on sports, the average fan most likely defaults to Las Vegas as the biggest hub for placing bets. The top offshore sportsbooks operating online also account for a big chunk of the revenue generated by betting on sports along with the UK and Canadian books in the marketplace.

Even when you add up the amount of money bet on sports at land-based and online sportsbooks, it is still far less than that amount of money bet on sports through private bookmakers also known as bookies. The sports betting industry started with local bookies and it continues to expand behind the growth of this segment of the industry.

The Basics of Being a Bookie

Booking your own bets is rather easy to do. As long as you have the cash reserves to pay off winning bets, you can sit back and collect the standard 10 percent commission charged on the losing ones. Also know as “juice” or the “vig”, a bookie makes the majority of their money on that 10 percent spread between winners and losers.

The extra profit is referred to as a bookmaker’s hold percentage. The goal of any bookie is to balance out the money that is wagered on either side of a game while pocketing the juice on the losing side of those bets. In theory, this should be a simple way to make a living. The reality of this business is that sports bettors in general tend to lean towards favorites which often times creates a situation that can be very hard to balance. The good news is that upsets are very common in any sporting event which helps to tip the scales in the book’s favor.

Starting a Bookie Business

Other than the upfront cash reserves needed to cover any bets you need to pay out right away, the cost barriers to entry are rather low to start your own bookmaking business. All you really need are a few sports betting customers to get your business off the ground. A working knowledge of sports and the mechanics of betting on sports can be extremely helpful, but if you keep things really simple at the start, it is amazing how much you can learn through some practical experience.

Booking a few bets from your buddies for this Sunday’s NFL games is one thing. Successfully running and managing your own independent sportsbook as a private bookie is a whole other ball game. Back in the old days, the only business tools needed to run a book were a phone along with a pen and some paper. In today’s highly technical, computerized business environment, it takes a rather extensive number of tools to get the same job done.

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Pay Per Head Bookie Software Solutions

The rise of the Internet over the past few decades has changed the way people do business in just about every industry across the board. Offshore sportsbooks in locations such as the Caribbean and Central America were able to expand their customer base on a global scale with a heavy concentration on the United States through the use of online betting venues. Along with that expansion, other offshore companies in the sports betting industry began to develop online betting solutions for private bookmakers.

These emerging sports betting software companies were referred to as Pay Per Head bookie service providers given the business model they employ.

The pay per head provider basically leases its online sports betting software solutions to private bookies by charging a weekly fee for every active betting customer. This has turned into an extremely affordable way to run your own independent sportsbook.

The top three attributes of the pay per head business model are:

• Affordable online sports betting software that is turnkey and easy to navigate

• Automated online sports betting through a customized bookie website

• Fast and easy access to betting lines from professional oddsmakers

Running Your Own Bookie Business

Even if you only have a handful of betting customers, it makes business sense to take your bookie operation online with a quality pay per head site. Not only does this automate the day-to-day transactions and administrative tasks that go into booking bets, it transfers the operational end of your private book to a PPH service located in a legal sports betting jurisdiction. This will help shield you from any existing legal issues that still cloud the waters.

Once you are up and running with a price per head shop, you can begin to devote the bulk of your time to building and growing your operation. One of the best things about running a private book is the ability to develop your own sports betting customer base. Some bookies only want to work with recreational bettors that take a very casual and conservative approach to their overall betting strategy. Other bookies are willing to dial up the risk with heavy bettors placing high-unit wagers.

Regardless of how you decide to shape your customer base, the right pay per head site can be instrumental in helping you achieve your business goals. One of the biggest benefits a PPH service does bring to the table is an online presence for your bookie operation.

Some providers will design and maintain a custom website that meets your specific needs. This can help you level the playing field with the big online sportsbooks in the industry. It will also allow you to fully exploit your biggest edge over competition- the higher level of customer service and attention to detail- that the big books will never be able to duplicate.

Achieving Success as a Bookie

You have a sufficient sports betting customer base and you also have the right pay per head site as your silent business partner. The road to long-term financial success as a private bookie hinges on your ability to use both to elevate your overall service to a higher level.

Too many bookies start getting lazy with some level of success. They rely way too heavily on football and basketball to drive their bottom-line profit. They become content with what they have right now with no real eye towards the future. Any business that stands still long enough will eventually start moving backwards.

You always have to keep in mind that you are running your own business and that takes hard work on a regular basis. Today’s highly sophisticated pay per head bookie software solutions offer a number of ways to build additional revenue streams leading to higher profits. Starting with an expanded betting board for sports, you can add online applications to run your own racebook for horse betting and an online casino equipped with slots, other video gaming options and live-dealer table games.

There are few businesses that you can start for basically no money down. Often times upfront costs can act as a barrier to entry for the average entrepreneur looking to start out on their own. The dream of owning your own business can come at a cost that is just too high to pay.

Suppose you could find a business model that is turn-key, free to start and easy to run with the help of the right software solutions. Now suppose that this independent business was in one of the fastest growing industries across the US and around the globe. If this sounds like something that might interest you, then you should take the time to explore the opportunity of running your own sportsbook with the help of Pay Per Head bookie software solutions.

Pay Per Head Online Sports Betting Solutions

The pay per head business model is built around the concept of low-cost online software that can process all the various transactions that go into running and managing your own independent sportsbook. There are no upfront costs and you only pay for what you use.

The actual term “pay per head” refers directly to the low weekly fee that you pay for fast and easy access to all the online business tools that are needed to be a private bookie. The best part of the deal is that you only have to pay that per head fee for each of your active sports betting customers. Whether you have five customers or 500, you will always know what your weekly cost of doing business will be.

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Getting Your Bookie Business Up and Running

Given the nature of sports betting, you will need a start-up cash reserve that is roughly two and a half times the weekly action you plan to take in. This can be thought of as working capital that can cover any weekly cash flow needs. Once you are up and running, your weekly profits will begin to build a cash reserve that can be used to run the business.

The most important thing you will need to get your bookie business started is customers. It does not take are large number of sports bettors to get things off the ground. Some of the most successful private bookies started out working with a small group of family, friends and acquaintances. Word of mouth and personal referrals are still the best way to grow any grassroots business. Once you have established yourself as a private bookie, you can focus your energy on growing and expanding that base with a set sales and marketing plan.

After you have developed a starting base of weekly betting customers, it is time to take your bookie business online with the help of a price per head shop. This will be one of the most important business decisions you will have to make. The goal is to find a pay per head provider that meets all of your business needs.

Features and Benefits of Pay Per Head Bookie Software

The main benefit that pay per head bookie software can provide is a completely automated approach to running and managing your own bookie business. The software is designed to process all of the daily, weekly and monthly transactions that take place. You will have daily betting action coming in, weekly settlement reports and monthly recaps for each of your betting customers as well as for your overall business as a whole.

A few of the individual features and benefits that come with the online sports betting software package include:

• A comprehensive bookie dashboard that gives you total control
• Individual account profiles for each of your betting customers
• Fast and easy access to a wide array of betting options
• An advanced online mobile betting platform
• An online business presence through a custom website

This is just a general overview of the most important aspects of your bookie software package. There are many other features and benefits that can make your business easier to run and manage on a day-to-day basis. The best part of the pay per head bookie business solution is a fixed cost per head for everything you need to be successful.

Pay Per Head Bookie Software in Action

As mentioned, you will have access to all the sports betting lines you need, when you need them. You will also have the ability to set and move your own betting lines while making changes to your online betting board to best meet your specific needs. Pay per head bookie software gives you a very high level of control that can always keep you way out in front of all the betting action coming in.

Online sports betting can be a very dynamic and sometimes volatile business that needs to be monitored and controlled. Having the ability to make instant moves and changes is just one way to accomplish this goal. Any betting or credit limits that you wish to put in place can be done through a mass edit option or on an individual basis through your account profiles.

It is far easier to capitalize on an opportunity ahead of time then trying to deal with an issue or problem after the fact. Your pay per head tool box contains all the proper business tools needed to run your own successful sportsbook.

Sports Wagering Online Software Features

Preference-based Odds Display – Prices are shown in the format of the player’s choice; money line, UK or world format, (ie: +300, 3/1 or 4.00)

Automatic Wagering Assistant – Calculates the amount to win or risk depending on which is input, when no team is selected, this feature ensures the player is always prompted to correct mistakes

Convenient – Our software allows users to make multi-league combination, as well as to purchase points, leave open spots and to have access of all the wagering options in the market.

All Options – Including teasers, if bets, parlays, reverses, action points, point buys and round robins.

Event Grading – Ensures money is returned to the player’s account promptly by grading each event and portions of events, the moment is concluded.

Account Management – Allows player to see all his/her bets and transactions online, reducing the use of the 800-call center, and ensures 24-hour availability to the player

Fully Customizable Website – Colors, logos, layout and design can all be modified to suit your requirements.

Secure Login – One-step, secure, login process.

Sports Betting Agent Management Panel

Additional Revenue Streams With Pay Per Head

While sports wagering remains your primary revenue stream, pay per head software packages also offer online applications to run your own racebook for horses as well as an online casino equipped with slots, video poker machines and table games manned by live dealers. Most PPH services will include these applications as part of the weekly per head fee you are already paying, so there is no added cost to turning your bookie business into a full-service operation.

Racebook Features:

• Access to a wide array of racetracks running a daily race card
• Separate business reports to track all betting activity
• Marketing tools to grow and expand your horse racing business

Online Casino Features

• A wide selection of slots and other electronic gambling games
• Real time tracking of all casino activity
• Live dealers for all the most popular table games

When it comes to sports betting, football and basketball draw the most action. While there are a vast number of other betting options for sports on a year-round basis, revenue generated from a racebook and online casino can help fill the gaps in the sports calendar. They are easy ways to generate additional weekly cash flow as well as added profit to the bottom line.

Summarizing Pay Per Head

• Low-cost software solutions for private bookmakers
• Comprehensive operating system handling day-to-day administrative tasks
• Online marketing tools designed to help grow and build your customer base
• Multi-streams of revenue to cover all online gambling activities

The online sports betting industry continues to grow and expand at a rapid pace with private bookmakers still handling the majority of the betting action. With turn-key online solutions such as pay per head, now is the best time to open that online sportsbook you have always been dreaming about.

The sports betting industry in the United States alone generates billions of dollars in revenue every year. As more and more individual states enter the industry with both land-based sportsbooks in casino and race track locations, along with online betting sites, the overall industry continues to expand. When you add in all the revenue generated from online sportsbooks catering to US bettors, you can see why booking sports bets can be a very lucrative business opportunity.

Breaking down the US sports betting industry, private bookmakers still account for more than half of the total market. Even with the recent proliferation of commercial sportsbooks backed by some of the biggest players in Las Vegas as well as an increasing number of offshore books operating online, more and more sports bettors continue to turn to private bookies to place their bets.

The driving force behind the tremendous growth in the private bookie segment of the sports betting industry are pay per head bookie software providers. Working with the right sports betting software provider can enable anyone to run and manage your own successful independent sportsbook.

What is a Pay Per Head Sportsbook?

Private bookies have been taking betting action on games for as long as sports have been played. Not that long ago, the primary tools of the trade needed to run your own book consisted of a small cash reserve, a phone and a handwritten betting ledger. Local bars, pool halls and social clubs were a bookies’ primary source for customers and football drew the most action.

With the advent of the Internet and computer technology dating back to the 1980’s, the seeds of change in the sports betting industry were first planted. Over the next 10 years, offshore sportsbooks began to use this new technology to reach a whole new sports betting market in countries such as the United States. Their business plan revolved around online access through the internet with the help of specially designed sports betting software.

These changes also gave birth to the Pay Per Head sports betting industry. The same software that the big online sportsbooks were using to expand their business was modified for private bookies looking to run an independent online sportsbook.

The actual term ‘pay per head’ simply pertains to a low, weekly fee that bookies pay for each of their active betting customers to gain continuous access to these complex software solutions. Since it would be cost prohibitive to try and develop software capable of handling the day-to-day administrative end of a bookie operation, partnering with a quality price per head shop to take care of this end of the business makes all the sense in the world.

Today’s highly sophisticated online sports betting software packages have been able to level the playing field for private bookies competing against the big players in the industry. The main reason why bookies still control the majority of the entire sports betting market is the higher level of customer service and attention to detail that the big books are still unable to match.

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How to Start a Pay Per Head Sportsbook

The first step in starting any business is finding customers for the products or services you are able to provide. Without customers, all you really have is a great idea of how to make money. Once you have gathered together a handful of sports betting customers willing to use your services to bet on the games, it is then time to take your bookie business online with a pay per head software provider.

Finding the right price per head shop to handle the administrative end of your bookie business will be one of the most important decisions you will ever have to make. There are a wide array of choices that continue to expand each year. However, not all private bookie software solutions are created equal.

The weekly per head fee you pay for your active sports betting customers is actually a very small part of the equation. Whether you are just starting out as a private bookie or running a thriving independent sportsbook, the features and benefits associated with that per head fee should be your biggest concern. You need a sports betting software provider that fits your business model, not the other way around. You also need a PPH service that can help fuel the growth and expansion of your sportsbook. That expansion drives your bottom line.

Most of the best bookie software providers will offer a free trial that allows you to ‘test drive’ their business solutions package to make sure it is a good fit. You need online sports betting software that is easy to navigate for you as the booking agent as well as for your sports betting customers when it comes to their online betting account. You also need fast and easy access to a wide array of business reports that keep you way out in front of the daily betting action coming in.

Finding the right pay per head site may take some extra time and effort on your part, but an extensive search now will pay some major dividends down the road. Matching the right sports betting solutions package with your business needs both in the short term and over the long haul is the best way to get your sportsbook off to a strong start.

Once you have found the right PPH service to take your bookie business online, the next step is to get your current betting customers up and running as well. This is where the added level of customer service and attention to detail can really work in your favor. You have the ability to walk your customers through the whole process to ensure that they are more than comfortable placing wagers through their online betting account.

Working hand-in-hand with the customer support team at your price per head shop is a big part of this process. Your customer service representatives have been expertly trained to make things run as smooth as possible. They normally come from an online sports betting background, so they already know what it takes to be successful as a private bookie. This customer service team can be the silent business partner that every independent sportsbook needs to succeed.

Running and Managing a Successful Pay Per Head Sportsbook

You have a sports betting customer base. You have the right pay per head site covering the administrative end of the operation. Now it is time to put your sales and marketing skills to the test. The big online sportsbooks have very deep pockets when it comes to attracting sports bettors to their million-dollar websites. The best part of running your own independent sportsbook is the ability to pick and choose your betting customers.

Any marketing plan designed to grow and expand your customer base should be targeted towards bettors that fit into your business model. Some bookies are looking for casual recreational sports bettors that remain moderate and consistent in their overall betting habits. Other bookies want the high rollers placing big unit bets on a regular basis. You need to set your own level of risk verse reward when adding new customers to the fold. The goods news is that there are more than enough sports betting customers to go around, so building that base is not nearly as hard as it may seem.

One of the first steps in managing this customer base is the use of individual account profiles that collect data based on each person’s betting history. This is an integral part of your sports betting software package and the best way to always stay on top of things. These account profiles can also be used to set any betting or credit limits you wish to put in place. You can set the limits across your entire customer base or on an individual basis. Either way, this is an excellent tool to manage risk and avoid any unwanted negative exposure along the way.

Pay Per Head Sportsbook Summary

• The Pay Per Head Sportsbook business model offers low start-up costs

The barriers to entry into the sports betting industry are minimal. The pay per head business model offers a low, fixed cost to all the bookie software solutions needed to be successful. Other than a cash reserve to cover your anticipated daily and weekly betting activity, there are no other substantial resources needed to take your bookie business online. Managed growth will support any cash flow needs as well as bottom-line profit projections.

• The sports betting industry continues to grow at a rapid pace

Current supply and demand in the sports betting industry creates a lucrative business opportunity for private bookies looking to run and manage an independent sportsbook. The future outlook for this industry points towards continued growth.

• Pay Per Head bookie software solutions automate your business processes

Pay Per Head Sportsbooks utilize the necessary business software solutions to run and manage every aspect of a bookie operation. With fast and easy access to a wide array of betting lines and odds, a comprehensive business dashboard and a multitude of real-time analytics to aid business decisions, the pay per head sports betting software solutions package can be thought of as a turn-key bookie business in a box.