Would you like to break into the sports betting business? If so, you need to know how to choose an offshore bookie software company.
Bookie software companies (or sportsbook providers) make the software that bookies use to build their platforms. However, if you’re new to the industry, you may have a hard time determining which company suits you best.
Fortunately, Ace Per Head can provide all of the information you need, as we are leading experts in the sports betting industry.
Keep reading to learn how to choose a reputable offshore bookie software company!
Set a Budget
The first thing to do before you can choose an offshore bookie software company is to set a budget.
Setting a budget is crucial because it will help you narrow down your options. When you start searching for a sports betting provider, you can disregard anyone who charges more than what you are willing to spend.
Keep in mind that having a flexible budget is one of the best things to do as a bookie. However, you should have a general idea of what you’re willing to spend so you can afford other things as the business grows.
Another thing you should do is prioritize a company that offers a variety of features. This will make entering the sports betting industry much easier because you can offer more to players.
Some of the main features to look for are live betting, mobile support, notifications, and website templates. With these, you can quickly set up your platform and attract players. A feature like live notifications will also help you maintain the platform because you will have an easier time setting bet odds.
You should never start working with a sports betting provider unless you have compared all of your options. After setting a budget and thinking about the features you want, you can begin your search.
Visit the websites of several companies to learn more about their software, then look at customer review sites to see what other bookies think of them. Considering company reputation is crucial if you want to work with someone who will provide you with the best services.
When you find a company that stands out, contact them for more information. You will likely see their rates on their website, but contacting them will give you a better idea of what their customer support is like. They can also answer any questions you may have.
How Bookies Turn Bets into Profits
Unlocking Weekly Earnings:
Bookies thrive by embracing bets and converting them into profits week after week. Avail a special offer: 1 free week per month for life.
A bookie, at its core, manages bets spanning sports, casino games, and horse racing. They pay out wins and collect stakes for losses, offering upfront payments or extending credit limits to players. Settlements occur weekly, defining the financial flow between players and bookies.
Capitalizing on Losses:
Bookies strategically earn from the losses of individuals engaged in betting. Given the inherent long-term losses experienced by gamblers, bookies emerge as significant profit generators. The quantum of a player’s bets and the frequency of betting dictate the weekly financial outcomes. More players translate to increased revenue, even with a modest number resulting in substantial losses.
Crafting Success as a Bookie
Profitability with Simplicity:
Beyond its profitability, being a bookie stands out for its simplicity and cost-effectiveness. Unlike intricate startups with hefty upfront expenses and time-intensive commitments, bookies incur minimal costs, primarily a weekly fee per active player ranging from $3 to $15.
Enter the PPH Realm:
The introduction of pay per head (PPH) services reshapes the bookie landscape. Tailored for bookies, these services deliver professional sportsbook websites, managing lines, real-time odds updates, and prompt wager grading post-event.
Seamless Management with PPH:
Empowered with personal logins for site management, bookies effortlessly navigate player accounts. They can adjust limits, create new accounts, and monitor pending and graded wagers. PPH services eliminate manual bookmaking tasks, allowing bookies to focus on client connections, relying on word of mouth and outreach within their social circles.
The Road to Profit:
For those seeking a straightforward, low-effort income stream with minimal fixed costs, venturing into bookmaking emerges as an ideal option. The emphasis shifts to client connections, making bookmaking a viable supplementary income source.
Choose This Offshore Bookie Software Company
As you can see, learning how to choose the right offshore bookie software company doesn’t take long. However, if you want to get the best results as a bookie, you should work with Ace Per Head.
Over the years, we have helped bookies from all around the world build and maintain their platforms. Thanks to our experience, we can help you maximize profits in the sports betting industry, regardless of your background.
Get started with a 6-week free promo for our sports betting software today! Feel free to contact us at (800) 909-5193 if you have any questions.