Understanding the business
What would be the easiest way to make some cash on the side? Nowadays everybody needs an additional revenue stream. Definitely the bookmaking business is booming in the US thanks to the legalization of this industry in many states.
Taking this into consideration, becoming a bookie could be an option. Wait, I can’t invest thousands of dollars in a bookie software just for myself. This is where you can consider the PPH (pay per head) option.
This basically works like this. There are companies that outsource the booking software at a low cost per active player weekly. Not only that, with the same service the bookie gets access to a back-end that will provide him all the tools to analyze the action and make wise decisions while evaluating their action. Bottom line is easily checked and it’s just a click away.
The way it works is that the pay per head site provides the website and the bookie (you) will just concentrate in getting new players. Also with this type of business, the bookie or some of them are called agents, will be liable for the winnings and losses of their own players. The pph works as the vehicle to get that financial independence everybody is looking for. You can handle the players as cash or credit. It depends on how well you know your clientele.
Depending on your own circumstances, the agents that stick around are because they have found a feasible way to do business. The bookie business is a profitable one for the ones that are patient enough to understand that the odds are against the players always.
With a dependable service, stardom is around the corner. It offers an online sportsbook, racebook, and casino at an affordable price. Another aspect to consider is that you can get other people involved in this business as sub-agents with a commission base setup.