The Rise of Sportsbook Pay Per Head Software & Bookies

7 December 2021
sportsbook pay per head The Rise of Independent Sportsbooks
sportsbook pay per head The Rise of Independent Sportsbooks

The landscape of sports betting has undergone a profound transformation with the rise of independent sportsbook pay per head services. These platforms have emerged as a convenient and accessible option for U.S. residents, offering a plethora of benefits that cater to the needs of modern bettors.

With just a few clicks, individuals can access these platforms from the palm of their hand, making joining effortless and seamless. Moreover, the allure of generous incentives for new customers further enhances their appeal, driving their popularity among avid bettors.

The sheer scale of the online betting industry underscores its significance, with estimates placing its annual worth at over $100 billion globally. Notably, a substantial portion of this market value—approximately half—hails from the United States. According to leading authorities such as the American Gaming Association and H2 Gambling Capital, Americans wager between $50 billion and $200 billion each year through independent sportsbooks, underscoring their immense influence on the industry.

The repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018 marked a pivotal moment for the sports betting landscape, unleashing a wave of innovation and expansion. While some bookmakers opted to withdraw from certain states in the wake of this regulatory shift, the growth of independent sportsbooks has remained robust. This resilience can be attributed, in part, to the success of sportsbook pay-per-head (PPH) models, which offer bookies a cost-effective solution to manage operations.

PPH solutions enable bookies to operate efficiently by paying a small fee per player, thereby reducing operational costs and enhancing profitability. This model has revolutionized the sports betting industry, democratizing access and empowering individuals to enter the market with minimal overhead.

As the popularity of independent sportsbooks continues to soar, it’s essential to explore their performance and identify the best offerings in the market. By leveraging the advantages of sportsbook pay per head services, both bookies and bettors alike can enjoy a seamless and rewarding experience in the dynamic world of online sports betting.

What Is an Independent Sportsbook?

An independent sportsbook refers to a bookmaker operating from a foreign jurisdiction, such as Panama, Curacao, Costa Rica, or Antigua, while catering to players primarily from the United States. Unlike domestic bookmakers, these offshore entities are not licensed by any American gambling regulator. Nevertheless, they have garnered immense popularity among players for a variety of compelling reasons.

One primary allure of independent sportsbooks lies in their accessibility and convenience. With a simple internet connection, players can access these platforms from the comfort of their own homes, circumventing the need for physical proximity to a brick-and-mortar establishment. This accessibility extends beyond borders, allowing players from around the world, including the United States, to participate in the action.

Moreover, independent sportsbooks often offer a diverse array of betting options and competitive odds, appealing to players seeking variety and value in their wagering pursuits. From traditional sports like football and basketball to niche markets such as esports and rugby, these platforms cater to a broad spectrum of interests and preferences.

Another key factor driving the popularity of independent sportsbooks is their flexibility and innovation. Unlike their domestic counterparts bound by stringent regulations, offshore bookmakers can adopt cutting-edge technologies and creative strategies to enhance the betting experience for players. This agility enables them to stay ahead of the curve and adapt to evolving trends and preferences in the dynamic world of sports betting.

Additionally, independent sportsbooks often offer generous bonuses and promotions to attract and retain players. From welcome bonuses to reload bonuses and loyalty programs, these incentives add value to the player experience and incentivize continued engagement with the platform.

Overall, the appeal of independent sportsbooks lies in their ability to offer a seamless, diverse, and rewarding betting experience to players, transcending geographical boundaries and regulatory constraints. While they operate from afar, their impact on the global sports betting landscape is undeniable, shaping the industry and empowering players to engage in the thrill of wagering with confidence and excitement.

Why Independent Bookmakers Are Popular Among Players

The rise of independent sportsbooks could be a result of several things. These include:

1. The Range Of Sports Betting Options

While sports betting may be legal in certain states, local legislation often limits the comprehensive sports betting options available through domestic bookmakers. In contrast, independent bookies operating from offshore jurisdictions provide a vast array of sports betting options unrestricted by state laws. Despite sports betting being legal in 26 states, over 24 states have yet to legalize it, leaving many players seeking alternative options.

In regions where sports betting remains unregulated, players often turn to independent bookies as the most accessible and comprehensive betting solution. These offshore operators offer a wide range of sports betting options, catering to players from around the world, including those residing in states where sports gambling is not yet legalized.

It’s important to note that many domestic sportsbooks enforce geo-restrictions, limiting betting access to players located within specific states. This creates frustration for players seeking diverse betting options beyond their state’s borders. As a result, players often seek out sportsbooks pay per head services that accept players worldwide, providing them with unrestricted access to a broad spectrum of betting markets and opportunities.

By opting for independent bookies with global accessibility, players can enjoy a seamless and diverse betting experience, unconstrained by geographical limitations or local legislation. These platforms empower players to explore a multitude of sports betting options and pursue their wagering interests with freedom and flexibility, regardless of their location or the regulatory landscape of their state.

2. Live Betting

The evolution of sports betting has reached new heights with the advent of live betting, offering players the opportunity to wager on ongoing matches in real-time. With the assistance of a sportsbook pay per head service, players can immerse themselves in the excitement of live betting, adding an extra layer of thrill and anticipation to the sports wagering experience.

Live betting, also known as in-play or in-game betting, allows players to place bets on various outcomes and events as they unfold during a match. Whether it’s predicting the next team to score, the outcome of the next play, or the player to score the next goal, the possibilities are virtually endless.

The appeal of live betting lies in its dynamic and interactive nature, enabling players to react to changing game dynamics and capitalize on emerging opportunities. With each play and twist of fate, new betting opportunities arise, keeping players engaged and invested in the action until the final whistle blows.

By leveraging the capabilities of a sportsbook pay per head service, players gain access to a comprehensive array of live betting options across a wide range of sports and events. These platforms provide real-time updates, live odds, and interactive features that enhance the live betting experience and empower players to make informed decisions on the fly.

Whether you’re a seasoned bettor or new to the world of sports wagering, live betting offers an exhilarating and immersive way to engage with your favorite sports. With the assistance of a sportsbook pay per head service, you can dive headfirst into the excitement of live betting and take your sports betting experience to new heights.

3. Safety & Security

Despite operating offshore, reputable sportsbooks prioritize security to safeguard players’ data and ensure fair gaming practices. While these offshore bookies may not fall under the jurisdiction of domestic regulators, they often obtain licenses from reputable international gaming authorities to uphold stringent standards of security and integrity.

Licensure from recognized regulatory bodies ensures that offshore sportsbooks adhere to strict regulations governing data protection, privacy, and fair gaming. These regulations typically mandate robust security measures, such as encryption protocols and firewall protections, to safeguard players’ personal and financial information from unauthorized access or breaches.

Furthermore, licensed offshore sportsbooks are subject to regular audits and oversight by independent third-party agencies to verify the fairness and transparency of their gaming operations. These audits assess various aspects of the sportsbook’s operations, including the integrity of their betting markets, the accuracy of their odds, and the reliability of their payment processing systems.

By obtaining licensure from reputable gaming authorities and adhering to stringent regulatory requirements, offshore sportsbooks demonstrate their commitment to maintaining the highest standards of security and fairness for their players. This dedication to excellence fosters trust and confidence among players, ensuring a safe and secure environment for enjoying the excitement of sports betting without compromising on integrity or reliability.

4. Good Odds

Most sportsbooks in the USA have physical locations and an online platform through which players can place bets. Whether you choose to bet in the retail shop or over the phone, the odds are the same and average because of lower overheads. However, with offshore bookies, the odds are better.

For example, New York imposes a 50+ percent tax on sportsbooks, resulting in bad odds for bettors. Yet, players want to bet on a site that gives them a high return when their bets win.

5. Many Deposit Options

Having several methods to deposit and withdraw money to and from a gambling site appeals to many players. Fortunately, independent sportsbooks have both FIAT and cryptocurrency deposit and withdrawal methods.

6. Promotions

Most independent bookmakers offer promotions to attract new players. Besides a welcome offer, these bookies offer ongoing promotions.

These are some of the benefits that make these sportsbooks popular with players. With Bitcoin’s popularity, the rise of independent sportsbooks is more likely.

Bitcoin Plays a Huge Role in the Rising Popularity of Independent Sportsbooks

Forty percent of the wagers placed on independent sportsbooks are funded through cryptocurrency. In January 2018, marketing manager for BookMaker.EU, John Milton told Bloomberg Law that top online bookmakers had seen a rise in the number of people that deposited their funds through Bitcoin.

The bookie is among the top five go-to independent sportsbooks for USA residents. Before the end of 2017, the bookie had recorded 42 percent of customers that had deposited through cryptocurrency methods. Moreover, 85 percent had used the option to cash out.

Bitcoin and other cryptos may be popular in the gambling industry for several reasons. But, the reason that tops the list is anonymity. According to Adam S. Tracy of Tracy Firm Ltd, people prefer to transact using crypto because they are anonymous.

Tracy represents firms and people that use Bitcoin or any other form of cryptocurrency. She noted that the anonymous structure of cryptocurrency allowed bettors based in the USA to bypass federal laws that restrict betting on sportsbooks based in another country.

Notably, more and more independent sportsbooks are opting to use cryptocurrency as payment. With this method, players do not have to explain how they use their money to transfer money from their banks’ accounts to offshore gambling sites.

For example, if you tried to deposit money to a foreign sportsbook using your credit, the transaction might be canceled. Your bank might even flag your account, which could lead to an investigation. With the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2016, financial institutions escape legal repercussions by refusing to process money to gambling sites or accepting withdrawals from these sportsbooks.

Top 5 Independent Sportsbooks

There are hundreds of independent sportsbooks you can play at. However, when you consider factors such as security, payment methods, and promotions, that list reduces to just a few. Below is a list of the top seven independent sportsbooks:

1. Bovada

This bookie takes the first spot on this list for several reasons. It is the leader in the live betting sector. Moreover, it offers live streaming, allowing bettors to watch a game unfold as they place bets in real time.

Another outstanding feature is the diverse betting markets of over 20 sports, including modern bet markets such as futsal, beach volleyball, politics, and entertainment. Players also get a welcome bonus after depositing through traditional methods or cryptocurrency.

2. BetOnline

Starting with hundreds of prop bets besides the usual Moneyline, against the spread, and over/under, this sportsbook has every feature to make players’ experiences worthwhile. Another reason this independent sportsbook makes it to this list is the friendly interface.

The layout is perfect, giving you a glimpse of everything in the bookie’s lobby. There is a dedicated section for live betting and a bet slip that a first-timer bettor will find easy to modify.

3. BookMaker

The legacy of BookMaker dates back to 1996 when it went online. One of the impressive things about this sportsbook is that it has never kicked out a player for winning large sums of money. Usually, most sportsbooks limit players on what they can win or bet. But, BookMaker is slightly different, and it always pays up in time.

The bookie also accepts funds through tens of deposit methods and even processes wins through crypto-options. BookMaker has also implemented the best security measures to ensure data and the platform’s security.

4. Sportsbetting

Sports betting has several perks for American bettors. One of these focuses on offering multiple bet markets for most American sports, including the NFL, Major League Baseball (MLB), college sports, and others. It also provides international bet markets for golf, horse racing, soccer, tennis, etc.

The sportsbook also offers a welcome bonus package. There is an eSports section covering different sports you can play when you want to take a break from betting on real sports.

5. Intertops

Intertops stands out from other bookies with its competitive odds. The slight difference between its odds and the ones offered by different sportsbooks makes a considerable difference in the long run.

Apart from that, the sportsbook has live betting on most sports and an HD streaming feature allowing you to watch a game as you place your bets. Moreover, it updates real-time odds along with prop wagers during popular games.

There is also a welcome bonus. The only disadvantage is the withdrawal limit set at $10 per transaction. However, all withdrawals are processed within 24 hours.

Become an Independent Sportsbook

From the details above, it is evident Americans are drawn to independent sportsbooks. As a billion-dollar industry, it is clear that you have a share. Join the industry by becoming an independent sportsbook pay per head.

This sportsbook solution allows you to have an independent bookie running as smoothly as any of the top five sportsbooks above. It comes with many sports markets popular in the USA and other countries, a payment solution, and live betting features. Most of the actions on the bookie are automated, including calculating winners’ payments and releasing the funds.

The only work left to you is the overall management of the sportsbook. What’s more, you can get a customized platform instead of the many unique templates we have. We could discuss incorporating a digital casino and a racebook to add several revenue sources.

Contact Power Pay Per Head today to get your sportsbook software. We will also guide you toward running a successful bookie.

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