The first thing you need to do today to run an efficient bookmaking service is to get a bookie account. This is a platform where your clients can view betting markets and place their bets instead of making a call whenever they need to book a bet with you. Also, the account automates most processes, keeps records, and gives you equal competition opportunities as prominent sportsbooks.
In other words, a bookie can enter the online space with a bookie account from Power Pay Per Head. This allows a bookie agent to offer more betting options around the clock and run his business more efficiently. Below are six steps to setting up your bookmaker account with the top pay per head provider.
How To Get A Bookie Account
Develop a Strategy
The scale of your bookmaking enterprise is flexible, and contingent on your initial capital. While commencing with a modest venture and gradually expanding is recommended, others opt for a bolder approach. Regardless of your choice, it’s crucial to craft a strategy.
By formulating a strategy, you will be steered toward the effective establishment and operation of your bookmaking account. Your strategy must encompass key elements such as the launch date, client acquisition methods, operational procedures, and integration of Power Pay Per Head. Additionally, a well-defined financial strategy is indispensable.
Sign Up With Power Pay Per Head
Old school bookmaking required bookies to have a pen, paper, and newspaper. These tools enabled bookies to book bets for their clients and look out for upcoming events in newspapers. Today, there is much more competition, and clients have more demands.
Therefore, you need tools and services that put your betting business on the map. In other words, you need to partner with the best sports betting service provider to make a good profit.
When you partner with Power Pay Per Head, you get sportsbook software, a website, customer support for you and your clients, bookmaking tools, and a competitive edge. The price-per-head shop has award-winning software that has helped bookies grow their profits and run their businesses efficiently.
Fortunately, signing up with Power Pay Per Head is a simple two-step process. You need to fill in your contact information on the contact form provided on the home page. Then, you will get an email confirming your details.
Power Pay Per Head does not charge any initial cost for a bookie account. Therefore, you can sign up and learn everything about the account to determine whether it suits your clients. In fact, you can get 2-6 weeks of the free trial period, which is enough time to learn how to use the tools and services provided by the site and see how you benefit.
Find Clients and Create Their Sports Betting Accounts
Suppose you have clients. Power Pay Per Head can help you move them from your current pay per head company to your new account. But, if you have no clients, you need to start looking.
Fortunately, finding betting clients is easy, especially with millions hunting for unique bookmakers. Start by identifying your target. Consider the people that you want to become your clients.
Suppose you want to book bets for students in one of the universities in New York. If you are a student, enrolling your schoolmates will be easier because you have common places to meet sports betting fans.
Suppose you want to work with residents. You can hang out at your local bar, community activities, and other similar events and recruit several clients.
Once you have several clients, create their betting accounts. You need to consider several things while creating betting accounts for your clients.
For example, each of your clients is unique. Therefore, you need to set a unique minimum and maximum wager amount, credit limit, and what type of betting options a player can access. That way, you can control what players can wager on, how much they can wager, and everything about bookmaking.
Gather Your Available Funds
Starting a gambling business revolves around money. While you can launch your bookie account with Power Pay Per Head without spending a dime, you will eventually need money to run your business.
For starters, you need money to pay the price per head fee once the trial period is over. Usually, you can get this money from the profits you make. But, most efficient bookies pay a large sum of money, allowing a pay per head company to deduct the necessary bill each week.
Yet, this is not the only expense exposed to bookies. Instead, you need a bankroll to support your growing betting business. The size of your bankroll will depend on the number of players, bet limits, and sports your clients can wager on.
For example, a bookie with five average bettors needs a smaller bankroll than one with ten average bettors. Suppose the bet limit for your clients is $500 and $100 for another bookie. You need a much bigger bankroll than the second bookie would require.
Another thing to determine how much money you need is the popularity of a sport your clients can wager on. For example, more Americans are likely to wager on American football than soccer.
So, if you have 20 American clients, you can record bets from 15 clients for an American football event and 10 or fewer for a soccer event. Ideally, you need enough money to pay all your clients at the end of each game.
Decide How Much To Charge
Working with Power Pay Per Head has many advantages, including having an expert to run your bookie account. But, you need to learn how to run a sportsbook and how you can make your profits.
The amount to charge depends on the sport. For example, most American football events have a 100 percent to 110 percent ratio. You can change the vig from one event to another as other sportsbooks adjust their odds.
If setting vigorish is new to you, avoid it to prevent losses. Your pay per head provider can set vig for your bookie to ensure profits.
Get a Bookie Account Today
Getting a bookie account is the first step toward running a successful betting business. With everyone moving their betting services online, you cannot ignore what your players need and continue running a pen-and-paper bookie.
Partnering with Power Pay Per Head is the best decision for your business. For starters, the site operator has the incredible experience you can capitalize on to grow your business.
Another advantage is the numerous bookmaking tools the site provides. Whether you want to track your bettor’s betting history, limit their bets, or manage their accounts, Power Pay Per Head has a tool for your every need.
The company also provides a safe and secure betting platform. Thanks to a multi-layered security system, you and your clients will enjoy a secure gambling platform.
You will also enjoy the wide range of betting markets. Power Pay Per Head has the best gambling provision, from sports betting to casino games and racebook. This enables clients to wager on their favorite sports or horses and play casino games as they wait for winnings from their bets.
Apart from these advantages, getting a bookie account with Power Pay Per Head is fast and convenient. Ideally, you will get your account immediately after you fill in your email, phone, and name on the contact form on the homepage. Then, you can launch your bookie and start booking bets from your clients.