Thinking of how you can secure your future? As much as you try to sacrifice and save, you seem not to get to your target. You know you can do several things to boost the money you save.
However, all of these require capital that you do not have. One evening as you hang out with friends in your usual joint, you discover pay per head (PPH) sportsbooks.
The idea is so enticing that you are wanting to start your PPH sportsbook, which would eventually bring you closer to your goal; having enough pension and some more savings. But you do not have details on how to run one. It is your lucky day because you could start your bookie the same at almost no cost after reading through this.
What Is a PPH Sportsbook?
To understand what a PPH sportsbook is, you need to see the difference between it and other traditional sportsbooks. The usual sportsbook uses expensive overhead costs that would take forever to recover. Ideally, you need significant capital to start and run a conventional sportsbook.
This is because you will need to rent a physical office, hire employees, pull up a customer support team, hire oddsmakers, and set aside an emergency fund to cover unforeseen issues. On the other hand, a PPH sportsbook does not require significant capital to start.
Instead, you will need a per head fee. This is an amount you pay to the PPH service provider for the provision it renders to you based on the number of bettors that placed bets during a specific period.
Suppose you agree with a Power Pay Per Head to pay $5 for each player that places bets on your platform each week. Now, take the number of players that wagered during a specific week and multiply it by the PPH fee. That is the amount you pay to run your sportsbook.
The good thing is, you will get the same high-quality betting platform as any other you see out there. You have the same competitive edge, competitive odds, covers many leagues across different sports, and so much more than make up a sportsbook. The difference is that you will spend less.
Now that you know what a PPH sportsbook is, you can look into PPH services. These are services catering to sportsbooks and offer a professional betting platform for players to bet on sports, horses, and casinos on their mobiles any time of the day.
You do not have to worry about setting lines as a bookie operator as PPH services manage betting lines up to the last second of a game and grade all wagers once the game is over. Other actions under PPH services include:
- Extensive sports markets and bet options
- Customer support
- Phone and email agent support
- Layoff account
- Agent payment solution
- Live dealer
- Casino games
- Mobile and desktop platforms
Like any other industry, you will find hundreds of PPH service providers and feel overwhelmed to choose the right one. Each offers a different overall service. One of the top-ranked PPH service providers is Power Pay Per Head.
The brand offers one of the sharpest lines and an ideal weekly average hold percentage which goes a long way in making your profits. Power Pay per Head also provides all the above services, among others.
The company offers customer support to your clients and you. So, whenever you have a question about your business, you could always send a request by calling or through email. The customer support agents are available 24/7 and respond immediately, which is a good thing because you or your clients get to solve an issue as soon as possible.
One of the things you will think about when starting a bookie is getting wager money. With the PPH sportsbook, payment options should not worry you because the best offers several deposit and withdrawal methods to accommodate all players. Some of these are:
- Cryptocurrencies: cryptocurrency is a popular payment method for most gamblers today. Thus, you need to select a PPH service provider that offers several cryptocurrencies payment options, including bitcoin, dogecoin, Ethereum, etc.
- Debit/credit cards: A significant number of people still use traditional payment methods—their banks process gambling money, thus making it easy for them to transact to your betting site.
- E-wallet: another option you should have is e-wallets. Some of these are PayPal, Skrill, Neteller, and EcoPayz. Players transfer money to these online wallets then move it to a betting platform’s wallet.
You do not have to approach an individual payment processor to allow your bettors to transact their money. Instead, the PPH software comes integrated with these payment methods, and all you have to do is implement the software and start taking bets.
Where To Get Clients
It is easy to get clients betting on your platform if you are offering them what they need. Power Pay Per Head understands bettors’ needs. Thus, the PPH software you get addresses these needs, including good odds, many betting options, safe payment methods, data security, etc.
Once you have such a high-quality betting platform, you can start by telling your friends and family to bet on your platform. You can also reward them for every referral that bets on your platform.
Another way to find bettors is by marketing your business online. You can post about your bookie on social media or advertise it.
Start Running Your PPH Sportsbook
Now you have all the information you need to take the first step into owning your PPH sportsbook. You know what a pay per head bookie is and the PPH services that make running a betting site in the already crowded market easy and possible.
All you have to do is contact us by filling the contact form on the PowerPayPerHead.com homepage. Then, you will get a demo account and an assistant that will guide you through your platform.
The other step is to launch your bookie business. Depending on the active offer, you can get between one week and six weeks free trial to test our sportsbook software. Contact us today and have your own bookie in hours.