How to Be a Bookie
As mentioned in our previous post in our bookie tutorials, being a bookie is managing your own players with your own sportsbook. This means you, as a bookie, will do as any businessman would: put up your place of business. Traditionally, a bookie managed lines and wagers with ledgers. But with modern technology, you can definitely automate the process and be able to offer multiple wagering options in various sports leagues and events.
This is where a bookie per head software comes in. The goal of using a pay per head software, is to cut down the expenses of putting up a sportsbook, and having the software take care of things. What exactly will you do?
How to Be a Bookie
First off, you need to get a reputable pay per head company. Our site is full of resources to help you with this. Sign up with one, and configure the following:
- Your lines will be the critical part of your sportsbook. This is where you post the odds of each game you will be offering to your players. You have to make sure that your odds are attractive enough for your players to wager on. But, you also have to balance both sides of the line to make sure one side isn’t getting too much action. If this happens, adjust your odds to balance it. This will prevent you from having to pay off the winnings from your own money if things go a certain way.
- You need a group of players to sign up. Your pay per head will come with a free website your players can use. Basically, you will just create profiles for them to access. There, they can browse through your sportsbook and place bets wherever they want.
These two steps make it appear like it is simple. But it’s truly as simple as it sounds. To become a bookie with a pay per head, you won’t need to meet with people to build you a website and make software for you. You cut down on costs and simplify your entry to the bookie industry. From here, you can adjust your sportsbook to your needs. The best part, is that pay per head services bill you for all active players per week, per player. Its very, very affordable, especially considering the alternative.
