Sportsbook Pay Per Head Services: Sportsbook Ownership with Maximum ROIby Josh Ingram Marketing Expert
Do you have friends that like to bet on sports? If you do then this is probably the best way to easily make money while at the same time providing a service to your friends. Opening your own sportsbook is no longer beyond the reach of anyone because thanks to the new sportsbook pay per head services, you no longer have to pay for an expensive sports betting software, an office and a staff.
The advantages of using a sportsbook pay per head service are many and the main one being is that instead of paying hundreds of thousands of dollars for a sports betting software, you only pay a small fee) per week for your active players.
For example, if you pay $5 per active bettor, that if you have 100 bettors that that use your service in a week you pay $500. If you only have 50 players that placed a bet the week after, you only pay $250 for that week.
This is why a sportsbook pay per head service is ideal for start-up sportsbook as it allows you to provide a gambling service with maximum return on investment. The beauty of it is that the best pay per head companies like PricePerPlayer.com, give your players access to a full customized sportsbook which include sports betting, horse racing and even a casino.
You heard me correctly, for a small price, you get your very own website, customer service support for your players and complete management of your players from what sports they can betting limits and control over your odds.
Just like a normal sportsbook, a pay per head service allows you to keep track of all of your players betting habits and statistics and you can pull a daily, weekly or monthly report on how your sportsbook is doing anytime you want.
If you were to open your own sportsbook from scratch, the cost on the low end would easily run you over $500,000 on the low end and that is not counting the bankroll you will need to cover your players’ bets. The software and the website itself would be around $200,000 and if you add licenses, servers, office and a staff you are easily talking about a $1 million dollar operation.
With a Sportsbook pay per head service, you are spending money only on your active players. On average, a sportsbook will have a betting hold of around 3% for all of the bets a player does. This means that if you only have 10 players, the bet $10,000 in one week, then you would make $300 in revenue and pay only $50 for the service. That is a $250 a week in profit for only having 10 bettors!
Imagine how much money you could make if all of your friends told their friends to bet on your website and you ended up with 100 or 1,000 players? The possibilities are endless.
As Warren Buffet once said, “If you don’t find a way to make money while you sleep, you will work until you die.” And this is exactly what owning a sportsbook will do for you, it will allow you to make money while you sleep!
Created on Dec 31st 1969 18:00. Viewed 0 times.