There are many strategies to become a bookmaker, but some of these are out of reach for most because of investment issues and logistical problems. This leads to the question of which is the most cost-effective and successful way to become a sportsbook owner.
Is it to become a partner, to set up independently, or to work with a pay-per-head bookie service?
In order to answer that question, first, let’s look at the different methods of setting up a sportsbook:
Method 1: Partnership
This entails partnering up with an existing offshore sportsbook, this means you won’t have your own brand and you will have to comply with the rules and regulations established by the existing sportsbook, leaving you little room to set yourself apart. While this method may seem quick and low-cost, in the end by partnering you will have to give a portion of your profits to your partner, and this may seriously hamper your income.
Method 2: Set Up Your Own Offshore Sportsbook
20 years ago, this was the preferred method of bookies agents who wanted to do their own thing, create something and add their own personal touch to it. While this method may still be appealing to some, it is not for the faint of heart; setting up an offshore sportsbook requires a hefty investment, permits in the country where you wish to establish yourself, you will also need qualified staff to handle the tech side of the business, admin staff, line managers and customer service reps. You may also need a sales crew and a budget for marketing.
I will not stand in the way of anyone who wants to have their own business, but, there is an easier and cheaper way of doing it, which brings us to our third method.
Method 3: While Label PPH Service
Working with this model means you will have to work in collaboration with a larger PPH company like AcePerHead.com, but their role is relegated to providing software, line management, IT services, and general assistance to you and your clients. This method provides you with many more tools to influence the effectiveness of your business venture.
Thanks to the flexible and highly reliable sportsbook software platform utilized by Ace Per Head, nearly every item can be customized, giving you the freedom to offer your players what they want. They also provide the perfect branding opportunity, by building a custom website, complete with logos, color schemes, and dedicated toll-free numbers that only your clients will have access to.
If you commission your own website, nobody will be able to tell you are working with a PPH sportsbook service like AcePerHead.com, this provides you with the opportunity to create a name for yourself, and with the professional backing of Ace, you will achieve success in no time.
Answering the question of which is the most cost-effective and successful way to become a sportsbook owner, in my opinion, is to choose to work with the best, retaining the freedom of running your business the way you see fit, and not having to pay an arm and a leg to do so. This means working with AcePerHead.com. Get started today and start seeing results!