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Becoming A Bookie: Run A Bookie Business Like A Pro

Written by:
C Costigan
Published on:
Sep/04/2019

So, you finally got a considerable amount of money to start a business and you’re wondering what to do with it? And, at the same time you know you love the gambling industry, right? Have you ever considered becoming a bookie and taking bets?

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Don’t just sit there and take some small change with a few winning bets as a player. Start using your skills and knowledge of the sports wagering aspect of it all and start taking a piece of everyone’s action. Did you know that most gamblers and players just play for entertainment and frivolous purposes? This usually leads players to lose majority of the time, putting you in the driver's seat towards profits.

Become A Successful Bookie and Learn About Pay Per Head

Lucrative If Done Right...

Sure, being the bookie can be extremely lucrative if done right but it’s also important to know your limits. Start by testing the waters with a small group of people you know and set low limits on bets, making sure you can cover yourself in the process. You’ll have to know what you’re doing because sometimes juggling all those numbers can make some people buckle under the pressure of it all and get sloppy. Even in a small test run, you have to have funding available to your clients in case they win and you have to payout. Even if that’s the case, be reliable, be professional and always pay promptly.

 

Mini Guide: What To Know Before Becoming A Bookie

  • Learning how to run a successful bookie business requires the ability to work well with numbers and learning how to balance all your risk. Never bite off more than you can chew by getting greedy and taking on more than you can handle. Knowing your bankroll is crucial to becoming a bookie properly.
  • Organization is key. Keeping tight records in a secure manner is essential to the success of your business. You must know when to collect and payout promptly.
  • The gambling business runs literally 24/7/365 which means there’s literally always something to bet on, anywhere and anytime. Holidays and weekends are also no exception.
  • Your bookie business will eventually start growing and you’ll have to make some new choices and decisions. More bookies are currently realizing pen, paper and the old ways just don’t work anymore, you’ll have to ask yourself if you’re ready for the next level. Hopefully you are and you’re ready to go digital. Normally this takes a lot of time and money to start up from scratch. Not to mention it can be extremely daunting and stressful.Or, you can work smarter and by choosing a pay per head service that has so many features built-in that it’ll blow your mind away. Nothing is better knowing someone has done most of the work for you and you’re getting a turnkey bookie solution that works right out of the gate. The most important aspect of a pay per head sportsbook solution is knowing you’re in full control of your bookie business and can focus on growth.
  • Constantly learning and growing is always a major factor in anything you do in life. Applying that to becoming the bookie is no different. Working with a pay per head service (or PPH as it’s also known) makes growing and learning easier. How so? For starters, you’ll have access to various reports and analytics to know your clients and their betting habits better. On top of that, you’ll be able to offer them things like, live wagering, an online casino and even move your own pay per head lines. The more control you have as a bookie, the more potential for profit.

Just The Beginning...

These are just some of the basics that you can start to focus on while becoming a bookie. Premier Per Head will take care of the digital aspect of your sports gambling venture. There’s a reason why we’re #1 in The PPH Sportsbook industry. Personally, we recommend you start with calling us first or reaching out to us for a demo before you begin. We’re the pioneers of the Pay Per Head industry. We sacrifice nothing when it comes to stability, security and player offerings all at an affordable price. PremierPerHead.com always has your professional back!

Becoming A Bookie: Run A Bookie Business Like A Pro

So, you finally got a considerable amount of money to start a business and you’re wondering what to do with it? And, at the same time you know you love the gambling industry, right? Have you ever considered becoming a bookie and taking bets?

Don’t just sit there and take some small change with a few winning bets as a player. Start using your skills and knowledge of the sports wagering aspect of it all and start taking a piece of everyone’s action.

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