Becoming a bookie sounds pretty glamorous but, if done correctly, it can also be a lot of fun and very profitable. If sportsbooking is something that you are interested in, here is your step-by-step guide to getting started as a bookie so that you’ll be successful from the start.
Bookies are people who take bets on various sporting events. The bookie sets a “spread” that acts as a break-even point and collects the money from the losers and pays out the earnings to the winners. The bookie also gets to determine their fee, also known as the “juice,” which is based on a percentage of the bets.
Becoming a bookie today is nothing like it was ten or twenty years ago. You don’t need to work your way up through some seedy organization to get started. In fact, anyone can become a bookie today and make excellent money doing it using pay per head services.
Pay Per Head Service
One of the most important elements of becoming a successful bookie is selecting the right pay per head service (PPH). This is a software that is designed to allow your customers to place their bets online and that also helps you to manage your bookmaking business. A good PPH service has several essential elements if you want your business to be successful:
• It is based offshore where it is legal to accept sports wagers.
• The service offers easy set-up, whether with a website, transfer of clients, or choices in payment options.
• There is 24/7 call center that can take phone calls on your behalf.
• Clients can place bets online or by phone through the call center.
• It provides multiple product and wagering options.
• Multi-lingual support provided for an expanded client base.
Once you’ve selected the best PPH system for your new bookie business, it would seem that everything is running on autopilot for you, right? This is true to an extent, but your job as a successful bookie is to continue to find new clients. The best place to start is with family, friends and acquaintances and then work out from there. There are also many great strategies for finding new clients outside of your circle of influence. The golf course, local bar and even the bowling alley are great places to find people who want to place a wager.
Offer your first bettors a great experience from the start and you’ll quickly benefit from word-of-mouth.
One activity that has always withstood the test of time, no matter what the economy was doing, is gambling. With the help of a PPH system, it has never been easier than it is right now to become a bookie. Not only do these systems make setting up and running a business easy, but they also make it very profitable and free up your time so that you can focus on finding new clients. If you’re looking for a new way to earn money and become independent, becoming a bookie may be just the answer.
Ready to give it a try? Sign-up for a free trial today with BettorsNet.com, the industry’s leading PPH provider! It’s quick and easy; You can have your new bookmaking business up and running today!