Recently, I have a friend of mine who decided to quit his job and become a full-time bookie. I thought it was pretty unusual since he had a good job. However, he is the type of guy that decided to turn his hobby in a full-time job.
I asked him how he was able to start a sportsbook since, well, from what I understand it takes a lot of money to do it. He told me that he was able to do it by using a sportsbook pay per head and it only costs him a few dollars per week to run his sportsbook.
I thought to myself, wow, that is crazy. Since I have thought about retiring from nursing, I thought I would look into it to see if that is something I could also do. Especially since he makes a few thousand a week and he doesn’t have to do much.
What is a Sportsbook Pay Per Head
After a bit of research, here is what I found about what a Sportsbook pay per head is. Here is what I found:
A sportsbook pay per head service is a convenient solution for bookies who want to manage their betting business efficiently. Here’s how it works:
Pricing Model: In a pay per head (PPH) model, sportsbook software providers charge bookies based on the number of players using their platform. The more players a bookie has, the higher the cost. However, the cost is pretty small in comparison to buying the sports betting software. This is because on average, they charge from $2 to $20 per bettors.
When you compare it to how much it cost to buy the software, setup a website, hire people its pretty cheap.
This approach gives bookies flexibility, as they only pay for what they can handle1
Benefits for Bookies:
· Scalability: Bookies can easily scale their operations up or down without significant upfront costs.
· Customization: They get access to sportsbook software and can customize their platform.
· Outsourced Services: PPH providers often offer additional services like customer support, which bookies can outsource.
· Casino Games: Bookies can also offer casino games to attract more players and maximize profits12.
So, a sportsbook pay per head service simplifies bookie operations, allowing them to focus on managing bets and providing a better experience for their players.
I do know people that bet on sports and if I can get them to bet on sports with me, then I could make some decent money!
What is a good Pay per head company?
Since I found it exciting and definitively something I could do, so I began my search to find a pay per head company. And oh boy, there are lot of pay per head companies out there. I did luck out though an found this article on the top 10 sportsbook pay per head companies that really helped to narrow down my search.
