The Correct Bookie PPH Software can be a Game Changer
If you’re interested in making money, there are thousands of business opportunities. If you love sports and you’re good at dealing with people, why not become a bookie? It’s possible to slice out a living as a small-time bookie wherever you live.
An independent bookie is never going to grow as big as sportsbooks like BetOnline or Bet365, but thousands of local bookies make a living or a substantial secondary income in this industry.
Building an Online Presence
Even if your plans are to remain small-time, you need to have a website for your players.
No one is going to send a text to place a bet anymore. Thankfully, a pay per head (PPH) service will be able to handle your online presence by developing your website and providing the software.
The PPH service you join will be able to help you with the following:
- Software: You’ll have the technology to run a sportsbook, casino and racebook.
- Website: Your players will sign-in with an account you create for them to gamble.
- Day-to-Day Management: They handle odds, management, grading bets and support.
Your main job will be sourcing players and collecting money every week.
Without players, you’re not going to make money being a small-time bookie. Players are essential to making any money in this industry, but you don’t need to have a huge player sheet.
Even if you can grow your sheet to ten players, you’ll be making money. Let’s assume on an average week, five players are active. Even if each player loses $100/week on average, that’s $500/week.
A PPH service will cost around $10 per active player each week. So if you had five active players, the cost of the PPH service for the week is only $50. Everything else is profit if your players lose.
Stay Local
As a small-time bookie you don’t want to deal with the mess of sourcing players online. There are too many people that will try to find any way to scam you out of money.
Here are some tips for maintaining a quiet presence as a small bookie:
- Know Everyone: Don’t start booking action for strangers. Get your friends to start betting and then you can look to grow through referrals from your existing player base.
When a new player is referred to you, do a quick vetting process to learn about the player. Do they have a job? Do they have disposable income that they can afford to lose gambling?
- Pay Quickly: Word travels fast and if you aren’t paying a player on collection day, you’re going to end up losing players. The best marketing for a small-time bookie is to pay fast.
Your number one benefit against the big sportsbooks is that you can pay fast and in cash. There’s no paper trail when locals bet with you, which is a perk many of them will enjoy.
What are you waiting for? Sign-up to a PPH service and get started today. There are no contracts and if things don’t end up working out after a few months, you can always close up shop.
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