start-bookmaking-business-steps

Easily Start A Bookmaking Business In 3 Simple Steps

Life has become much more difficult under the raging Covid-19. Lots of people even lost their jobs because of the financial crisis caused by this pandemic disease. However, there is still a silver-lining that people can even start a business from home which is safer and more comfortable. In fact, bookmaking business becomes a very popular business choice for today’s trends. Today, we want to show you how to easily start your own bookmaking business in just 3 simple steps!

Find the best Pay Per Head solution

The first and most important step to start a bookmaking business is to find the best Pay Per Head solution. This is because a good Pay Per Head company offers the secure, stable, easy-to-use interface and also a well-trained professional team to handle bets, lines and inquiries for you. For instance, their customer service will help you to configure the software, set up the best lines, place the bets and continually support both you and your players 24/7. Therefore, you can feel eased to start out this new business and Price Per Head will definitely provide the greatest assistance whenever you need.

Prepare some capital

After acquiring the right Pay Per Head service that suits your need, you should prepare some capital for a smooth run. Actually, it is very important to do so because you always need to pay winning players in order to keep a good reputation for business. That is to say, you need to count with some startup funds to ensure that you will have enough money to cover the winning bets and hold your bookie business accountable.

Set the different credit balances and maximum betting limits

Getting players is obviously the must-do task to start your own bookmaking business. Once you have your Pay Per Head package set up, the first thing you need to do is to get user names and passwords for your current customers so they can start the action to bet! Most important of all, do not forget to set the different credit balances and maximum betting limits for each of your players. Such action is to prevent any kind of enormous financial hits or negative impacts coming after. Eventually, you will even become more organized running your bookmaking business and have more control on the direction how you want your business to be.

player-acquisition-business-success

Player Acquisition Is Essential To Business Success

You can have the best products in the industry, but it won’t mean anything if you have no clients to appreciate them. So does bookie business, you can’t run a bookie business without having players betting with you. Therefore, if you want to grow a successful bookie operation, player acquisition becomes very essential to achieve the goal since more players you got, more money you will make from the commission. There are some useful tactics that can definitely help you acquire more players for business success.

Use a bookie Pay Per Head service

A successful bookie needs to provide more than just a few local sporting events. This is where a good Pay Per Head solution jumps in to take your bookie operation to the next level! For example, you need a secure, speedy and stable website to offer your players with competitive odds on all major sporting events around the world. Besides, with Pay Per Head solution acquired, you now are able to provide diverse betting options and games such as live betting, horse racing, online casino and box pools to attract your players.

Social media is the powerful marketing channel

Nowadays, people use Internet navigating, watching news, doing online shopping and catching up with friends everyday. This is why we are saying social media is the powerful marketing channel to advertise your sportsbook. Make sure that you engage with your clients and communicate with them all the time, so people could have the visibility on the conversation and learn how efficient your operation is functioning. If you can do it right, social media will become the best referrals from your actual players and more customers will join your business.

Encourage your players with some incentives

Everyone likes to receive incentives and so do your players. Therefore, you can start with giving out some free play bonus, cash rebates, limited time free premium membership or loyalty points to make your customers happier and stay with you. As a matter of fact, this is a very useful strategy to kill two birds with one stone because you can reward your loyal customers, and by the same time, you will also attract new players through your current customers’ referrals.

Image by Gerd Altmann from Pixabay

online-habits-successful-bookie

5 Online Habits Of A Successful Bookie

Understanding correct online bookie habits can help you become a successful bookie. Let’s break down 5 main points in this article. By following these, bookies will have the ability to make their business growth and even achieve the goal faster than ever expected. Partnering with Price Per Head is the very first thing that any bookie either starting out or a veteran ought to do. 

Here are 5 correct online habits that you should know:

Do not overuse the layoff account

Bookies who partner with PricePerHead.com have the access to their own personal layoff account. They can lay off betting action to mitigate the risk.

The layoff account is an important tool that permits bookies to run their sportsbooks to balance out the funds. However, bookies may overuse such feature which can result in significant profit loss. In other words, bookies should be very specific when and on which games they want to use their layoff account.

Have long-term mind set on business

Bear in mind, in case you lose money on a game because you didn’t properly use your bookie software, don’t just give up because you still have so much more to try and lead you to the success.

Figure out your possible mistakes and make sure not to repeat the same in the future. You must have a long-term mind set and take fully advantage of promoting various wagers on different sports leagues that Price Per Head offers. 

Use designed agent payment system to speed up process

PricePerHead’s agent payment system is one of the best within the per head industry. You can make super fast payouts which keeps players happy, and also collect quickly leading you feel satisfied.

By making quick payouts, you obtain the money back faster in betting action, then by collecting faster, you allow your players to remain even with you, which means they can keep enjoy betting.

Keep yourself updated and learn more

Don’t feel tired to continue educating yourself about the PPH knowledge. Make the good use of online sources as Price Per Head Bookie Tips and be updated about the latest financial news. Besides, you can even enhance the knowledge by reading any finance books or take financial courses at your local community college if you have the time. Additionally, keep up on the latest marketing strategies and learn as much as you can about the benefits of cryptocurrency such as Bitcoin as well.

Make decisions based on your business trends

Don’t make decisions based on what’s happening in whichever sportsbooks, instead, decide the action based on what’s happening on your own PPH sportsbook. You may need to change betting lines, use the layoff account, or set schedule limit overrides on what you see in your business, not anybody else’s.

It’s time to speak to a PricePerHead representative. They’re prepared to assist you manage your sportsbook easily and make the good use of the right tools.

Image by Gerd Altmann from Pixabay

public-wifi-dangerous

Do You Know Public WiFi Is Dangerous?

Nowadays, advanced technology becomes the normality of the day and there are easy wifi connections for people to connect from anywhere. However, have you ever thought about what might cost you for this free service (Public WiFi)? In fact, public WiFi can really put your online security at risk and even invade your privacy. Continue reading and find out why using public WiFi is dangerous to your business.

Data exposure

The major risk with public Wi-Fi is the fact that all the information you are transferring between your computer and destination is visible to everyone on the network. Therefore, attackers can intercept the communication between your device and the other end where you get information from or send to. Such data exposure will cause danger to your online privacy. 

Some potential snooping

Even with the protection of HTTPS, some potential snooping could still be happening because encrypted DNS is’t yet widespread. When you connect to any website, your device contacts its configured DNS server over the network and finds the IP address. In other words, some snoopers with bad intentions nearby could even monitor all the websites you browse while you are connected to the public Wi-Fi.

Malicious Wi-Fi hotspot

Public Wi-Fi may lead to a malicious hotspot which could redirect you to malicious websites. For example, if you are connecting to a malicious Wi-Fi hotspot and need to access your bank account in the website of Bank of America, it could forward you to a phishing website with similar address impersonating the real bank. As a result, they will capture your login details and even steal your personal sensitive data.

Malware

Public Wi-Fi may contain some dangerous malware which potentially gives the hackers the access to your device. They can steal your personal files, photos and even secretly turn on cameras or microphones to eavesdrop without you even knowing.

Now you know how dangerous connecting to a public Wi-Fi is! So, think twice if it’s really worth to risk your own online security to get the internet. If you really need to do so, make sure that you are connecting to the trustful network and do not access anything sensitive.

Image by isuru prabath from Pixabay