A bookie is someone who accepts bets on various sporting events, which is called booking action. There are billions of people in the world that bet on sporting events, and people place bets at casinos, offshore sportsbook companies, and thru their local bookies.
If you are a bookie you basically have the opposite side of whatever your players decide to bet on. For example, if the New England Patriots are playing the New York Giants and you have a player that bet Patriots -7, then for them to win the wager they would need the Patriots to win the game and win by more than 7 points. You as the bookie would then essentially need the opposite, which would be for either the Giants to win the game outright or for the Giants to not lose the game by more than 7 points. If the Patriots win the game by exactly 7 points then the game is a push and the money is returned as a no-bet.
In the long term players always lose when gambling, and if you are a bookie, then the more players you have the more money you will end up making because more players equal more people losing money each week. In terms of how much money you can make, the reality is that there is no limit to how much you can earn. However how much you make each week from being a bookie, will be determined by not only how many players you have but, also by how frequently your players bet each week and on average how much they bet per wager.
If you only have a few players that bet a couple of times a week and bet small amounts like $50 a game, then you are not going to become a millionaire overnight. However, if you have even just 20 players betting a week and they bet multiple games per day, and bet an average of $200 per game, then your players will be losing multiple thousands of dollars per week.
Become an Active Bookie
Lastly, the best way to be a successful bookie is to use a pay per head bookie service such as AcePerHead.com. They provide a professional website with thousands of betting options per day that are updated up to the second and 24/7. They have some of the sharpest lines in the industry and more betting options than the average book, which all leads to players losing more money when using Ace.
They charge as low as $3 per active player a week, and you only get charged if the player has a graded wager for the week. Then whatever the players win or lose you as the bookie handle the payments directly with each player through whichever payment method you prefer and then you keep 100% of those profits. So Ace Per Head does all the technical work with the lines, and you as the bookie can just focus on acquiring more players so you can continue to grow your bookie business, and earn more money over the long term.
AcePerHead Reputation: What You Need to Know
AcePerHead is a leading sportsbook provider that allows both bookies and players to take advantage of sports betting. Not only does AcePerHead provide software to bookies, but it also offers various resources to help them manage their platforms.
Players can benefit from AcePerHead because they get access to efficient sites that have more features. Because of this, bookies that use AcePerHead can increase their odds of succeeding in the sports betting industry.
The Pay-Per-Head Model
When working with AcePerHead, bookies can expect to pay low rates thanks to the pay-per-head model. This model lets bookies pay only for the active players on their platforms, which greatly benefits those with small player bases.
AcePerHead charges as little as $3 per player weekly. If a bookie only has 10 active players, they’ll pay AcePerHead $30 per week.
AcePerHead Is Reliable
If you check out this AcePerHead review, you’ll find that AcePerHead protects bookies and players with an offsite backup system. Should a bookie’s platform go down, the backup system will help their site go online within minutes.
The software’s DDoS protection also prevents hackers from distracting AcePerHead’s technicians by shutting servers down. In the event of a security breach, technicians can focus solely on protecting user data instead of getting things back online.
What to Consider:
Although AcePerHead can help you start your sports betting platform, you should consider a few things beforehand.
Bookmaking is a risky career that requires investing money. If you don’t have much, you aren’t ready to become a bookie.
Like any business, finding success as a bookie also relies on satisfying customers. When you start your platform, you must offer incentives to attract players, such as signup bonuses and free bets.
Initially, you may have a hard time setting odds that allow you to profit or players to win. Finding the right balance is necessary if you want to keep players while also earning money.
AcePerHead will help you get on the right path, but you’ll need to save money before starting.
Work With AcePerHead Today
No matter how much experience you have with sports betting, AcePerHead can help you succeed. With the AcePerHead sportsbook, you’ll have all the tools you need to create a platform, attract players, and maximize profits.
So give AcePerHead.com a call today at 1-800-909-5193 and get signed up immediately.