bookie-money-management

Best Money Management Tips For Bookies

by Tips

Being a bookie is not just knowing how to create betting lines. In fact, money management even matters more if you want your bookie business to succeed. In other words, if you don’t know how to handle every cent that comes in and goes out, you can be broken even you have an abundant capital. How you manage your finance is actually a key to being a successful bookie in the long-term. Now, check out these money management tips to help you better operate your bookie business.

Get Pay Per Head software

The very first thing you need to get is the right Pay Per Head software in order to have a clear view on all the financial details. Indeed, Pay Per Head software provides several important reporting features for users to monitor their transactions history and even mitigate any potential risks. There is no question that modern technology makes your life easier because pay per head platform will do the organizational work for you. 

Save some money and don’t spend all

Are you the type of person who spends the money as soon as you make it? It’s totally understandable the excitement of making the profits. However, you shouldn’t spend all the money since you still need to save some to pay the winning players when they got lucky. Otherwise, you won’t have enough money to pay your customers on time which will definitely affect your business reputation.

Set betting limits

Since gambling business is the uncertainty of the events, you should prepare more yourself to any outcome. In this case, the more certain you are of the business control, the less risk you expose yourself to. Therefore, one of the most important step you should do is to set betting limits. This is to say, you need to limit how much your players can wager which can efficiently avoid excessive financial burden in the future.

Properly use layoff account

You still need to make bets yourself although you have become a bookie. Many bookies use layoff account to offset possible losses. However, you have to keep track of where your potential losses might be and properly use the feature of layoff account. 

Simply remember that a good money management equals to a successful bookie business. With the greater assistance of Pay Per Head platform can offer, your bookie business has never been easier to master. Sign up with PricePerHead.com now and make your sportsbook a big shot.

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Possible Risks Of Choosing Wrong Pay Per Head Service

by Tips

We have been talking about tons of Pay Per Head choices existed in this current gambling industry. If you type in the key words “pay per head” in any search engine, you will find hundreds and hundreds of results about it. And these Pay Per Head companies could offer their services ranging from approximately $15 to as low as $5 and even giving away 1 to 6 weeks of free trial. As you already know that cheaper Pay Per Head is not necessarily the best option for bookie business, we want to emphasize how important choosing the Pay Per Head service is. Here are some possible risks that you might face if you choose the wrong Pay Per Head service and it could even cost you your business!

Setting up the wrong line

As a bookie, you should know the way how you set up the lines could cause a great impact on your business. After acquiring the Pay Per Head service, their line managers will help you set up the lines to make your job easier. However, wrong per head company may hire unskillful and incompetent line managers to monitor your odds. Which will become the first risk you may have and lose a serious amount of money because of its inefficiency.

Unstable platform

The second possible risk that you may find is an unstable platform. This is because a bad Pay Per Head didn’t invest good enough on their hardware or software; as a result, their platform couldn’t handle a surge in traffic when there are big games. In other words, frequent system crashes may happen and your players will lose the patience with your website and then leave your book. 

No security protection

A top-rated Pay Per Head provider like Price Per Head uses the most advanced technology and software to protect their customers’ data. Therefore, their clients can have the peace of mind because the entire network is secured by the advanced firewall and DDoS protection. On the other hand, cheaper Pay Per Head service couldn’t afford paying such costly features which may cause many network vulnerabilities and endanger both you and your players’ cybersecurity. Unfortunately, accounts could be hacked and all the important data might be stolen, and then you can even lose your business because of the loss of clients.

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advantages-price-per-head-solution

The Advantages Of Using PricePerHead.com Solution

by Tips

There are hundreds of Pay Per Head solutions existing in this current gambling industry. But, you may wonder which one you should pick? Today, we would like to recommend the best choice to you and it is PricePerHead.com. Let’s take a clear look on all the advantages of using Price Per Head solution. And you will understand why choosing their service is the best decision that you have ever made for your business.

No more crashes

Using Price Per Head’s bookmaking solution means that you will barely have issues with the system crashes. This is because Price Per Head has invested a great amount of money on the technology used on their software and hardware. Therefore, once you joined Price Per Head, you will have access to a speedy platform with stable servers that don’t crash. Simply imagine on the biggest betting days, the servers crash during the games and all your players calling you to solve the problem? Well, that won’t be a problem you would face if you are with PricePerHead.com. 

Securest system

Given the fact that there are hackers everywhere trying to steal people’s important data. Offering your clients a safe and secure betting platform becomes necessary to ease their mind and stick to your business. And Price Per Head is one of the per head companies who has the best betting platform with the securest system in the industry. Besides, word of mouth is one of the best channel to get your business bigger and successful, and your satisfied customers may tell their friends about how great your book is. As a result, you will have more and more clients joining with your bookie business and make more profits.

Mobile friendly

Nowadays, people tend to spend much more time using their smart devices than the computers. This is why you should definitely choose a Pay Per Head service providing with the mobile friendly interface. Price Per Head will perfectly give you the best management experience and even your players can fully enjoy their games through some simple clicks.

Greater variety of games

With Price Per Head solution, you get the access to a greater variety of betting games even including the add-on features. For example, your players can try different betting options such as futures, props, total runs, teasers and much more on hundreds of sport games. Besides, some fantastic add-on features like Live Betting, Online Casino, Racebook and Box Pools are also attractive to other players who might not be so interested only with the sport games.

Best customer service

Price Per Head offers the best customer support team leading by the experts who have more than 10 years of experience and knowledge. In addition, their customer service is running 24/7 and assist on any kinds of inquiries you and your players might have. Therefore, having a greater customer support not only can help you build a good business reputation, but also you will be able to manage your bookie business with ease.

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cheapest-pay-per-head

The Cheapest Pay Per Head Isn’t Necessarily The Best

by Tips

When you are just starting out in this bookmaking industry, you may want to have as many clients as possible. You probably prefer not to pay a lot of money each week to a pricey Pay Per Head service; however, the cheapest one is not necessarily the best choice. Let’s take a look at some factors that you should keep in mind before choosing the wrong service for your bookie business.

What you get is what you pay for

If you are looking for the cheapest Pay Per Head service, you definitely should consider that the features you got will be very limited. Due to low budgets of investment, their gaming platform may only contain minimal features. As a result, your website might not suit your needs as you were expecting.

Security and privacy

You may be saving some money for paying less on Pay Per Head service; however, you could miss out on profits after a period of time. This is because the cheaper Pay Per Head company may not have a secure system to protect the client data base. In other words, both of you and your customers could have a higher vulnerability towards hacker’s cyber attack. Some personal information such as credit cards numbers, bank accounts or any sensitive data may be stolen which could lead to close your business. 

Quality of customer service

Another important factor that you need to take into account is the quality of customer service. The cheapest Pay Per Head tends to hire whoever to fulfill the position even people with no experience. Besides, they might not be capable to provide a 24/7 support for all their customers’ needs. Unlike what a leading Pay Per Head company as PricePerHead.com offers, your book could be set up with the shoddy service and you will have a harder time growing your business.

Betting options

The cheapest Pay Per Head solution may not include many betting options. Some add-on features like Online Casino, Live Betting, Racebook probably will find hard to get because they only invested on basic level of platform. Since they can just provide the minimum service for your operation, your players may be attracted by other competitors and leave your book.

Image by Gerd Altmann from Pixabay