Since Wisconsin is home to over 5.9 million people, becoming a bookie in this populous state sounds like a great way to make money. However, if you’re considering opening a Wisconsin-based sportsbook, it’s important to know all the rules and regulations that bookies are subject to.
Read on to learn all about Wisconsin gambling laws and what they mean for those looking to become online bookies.
Wisconsin Gambling Laws 101
Sports betting is legal in Wisconsin, but only in very specific forms. Instead of legalizing gambling via bills or constitutional amendments, they let federally recognized Native American tribes request to open casinos.
They negotiate a contract that works for them, and the amendments usually allow for sports betting. So, instead of being legal under the Wisconsin government, sports betting is legal under the jurisdiction of certain native tribes.
There are currently six in-person tribal casinos that Wisconsin bettors can go to. There are also online gaming technologies run by native tribes that the state regulates.
Any new casinos, such as the current Hard Rock Casino development proposal, need to be approved by both the governor and the Federal Bureau of Indian Affairs.
Does This Mean You Can’t Become a Wisconsin Bookie?
Those based in Wisconsin can still become bookies even if they’re not part of a native tribe.
However, sports betting agents who set up online PPH sites in the Badger State are technically “offshore bookies.” This means that they’re not recognized or approved by the state of Wisconsin.
You can operate legally and will never get into trouble for taking bets from WI residents (or anyone else in the United States.) However, you’ll also have no legal protections in place in the event of scams and theft.
This is because your sportsbook is unregulated due to the lack of statewide recognition.
Taking Sports Bets in Wisconsin
This may sound scary, but there’s nothing to worry about in most cases. Working with a reputable pay-per-head (PPH) website ensures that you don’t fall prey to scams or lose money to unauthorized bettors.
This is because companies like Ace Per Head work tirelessly to keep the sportsbooks of agents they partner with secure and protected. You’ll get both multifactor authentication features and seven-layer DDoS protection.
Combine that with our high-end firewalls and secure Bitcoin payment methods, and both you and your gamblers will be safe from theft.
The random assignation of numbers to every account that is used instead of legal names also ensures that there’s no information on the network to steal even in the unlikely event of a breach.
Real-time Odds Software
Get the sharpest, fastest-moving real-time odds bookmaker software so you can start earning money as a bookie today & a free customized website. If you are looking to become a bookie and book action on sports from people you know, then you can do it the old-fashioned way and just take bets over the phone with pen and pencil. However, this will be lots of work and you will be limited to what you can offer in terms of odds and sports betting options, which will not allow you to maximize your profits as a bookmaker. Instead, the more professional way to be a bookie agent, is to use real-time odds software that will allow you to offer an online sportsbook website to your customers where they can make their bets online or through their mobile phone, on lines that get updated up to the second.
These types of real-time odds software providers are called pay per head companies, since they only charge you per active player per week that uses the site. Then they provide you with a fully functioning sportsbook site, where they manage all the lines and update all the odds 24/7. This will allow you to offer your players more betting options and odds that are accurate. Once each game concludes they will automatically grade all wagers, and all player’s balances will immediately update.
As the bookie, you will also have your own agent backend login, where you can see all your players wins and losses for the day and week, and all pending and graded wagers. There are also various other useful reports, such as a bet ticker that will show in real-time when a bet is placed and the details of that wager, a wager alert feature that will either text or email you when a bet is placed, delay the time lines open, the option to move lines, a detailed player analysis that can breakdown exactly what the player is winning or losing on and over specified time periods, and other useful reports.
The Sharpest Odds Software
One of the best rated pay per head companies is AcePerHead.com because they have the sharpest lines in the industry. They take an average of the 5 largest books in the world, and then update all lines based on where the action is going, and then also utilize the information from the sharp professional bettors gambling on their software, to move the line immediately and aggressively.
In addition, they have more betting options then other bookie software providers, which combined with having sharper faster moving lines allows them to have a weekly average hold percentage of 14% compared to the industry average of 5%. The difference between a half a point or a point in a game, is often the difference between a win or a loss, which is why a faster moving odds provider such as Ace, can have a higher hold percentage for their agents.
Hold percentage is just the total amount that is won or lost divided by the total amount risked, so the higher the percentage the more money the agent is earning.
So, get set up on one of the most profitable real-time odds software providers in the business by calling AcePerHead today at 1-800-909-5193, so you can start earning hundreds to thousands of dollars per week as a local bookie.
Cutting-Edge Real-Time Odds Software: Elevate Your Bookie Business Today!
Are you ready to step into the world of bookmaking and maximize your profits? Say goodbye to the pen-and-paper method and embrace the future of sports betting with real-time odds software. With AcePerHead, you’ll not only gain access to lightning-fast odds updates but also receive a free customized website to kickstart your bookie journey.
Why Real-Time Odds Software Matters
Gone are the days of manual bookmaking. With real-time odds software, you can offer your players a dynamic online sportsbook experience, complete with up-to-the-second lines and extensive betting options. Say hello to increased profits and satisfied customers, all at the click of a button.
The Pay Per Head Advantage
At the heart of real-time odds software are pay per head (PPH) sites like AcePerHead. These providers offer a cost-effective solution, charging a fee per active player per week. In return, you’ll receive a fully functional sportsbook website, managed 24/7 by industry experts. From line management to wager grading, everything is taken care of, allowing you to focus on growing your bookie business.
Agent Backend Insights
As the bookie, you’ll have access to a comprehensive agent backend interface, providing valuable insights into your players’ activity. Monitor wins and losses, view pending and graded wagers, and leverage various reports to optimize your operations. With features like real-time bet tickers and wager alerts, staying on top of your bookie game has never been easier.
Why Choose AcePerHead.com?
When it comes to real-time odds software, stands out from the crowd. With the sharpest lines in the industry, updated based on market trends and professional bettor activity, you can trust that you’re offering your players the best odds possible. Plus, with a wide range of betting options, AcePerHead boasts an impressive weekly average hold percentage of 14%, far surpassing the industry average.
Ready to Take the Leap?
Don’t miss out on the opportunity to earn hundreds to thousands of dollars per week as a local and successful bookie. Get started with AcePerHead today by calling 1-800-909-5193. With our cutting-edge real-time odds software, success is just a phone call away.
Get Started With Ace Per Head
Now that you know the ins and outs of Wisconsin gambling laws, it’s time to begin turning a profit as a Badger State bookie. Ace Per Head is excited to help you set up a custom mobile-ready website that you can use to engage and entice gamblers.
We offer dozens of skins for you to choose from and tons of great features to help your sportsbook stand out. Build a custom package to begin growing your bookie business ASAP!
Ace Per Head has been in the online bookmaking services business since 1998 running one of the top-rated and most trusted brands in the pay per head industry. We give our bookie agents the personalized dedicated service they deserve.
