..

Should Online Bookies Offer Pony Betting In Their Sportsbook?

Written by:
Guest
Published on:
Feb/21/2019

Most online bookie agents open their sportsbooks because they’ve already got a group of players that wagers on football. If not football, their bettors wager on basketball or baseball.

That’s just the nature of betting in the United States.

Since most bettors wager on sports, bookies could be missing out on huge, consistent, betting dollars from their racebooks.

Why Opening Up Your Racebook Leads to Riches

Allowing horse racing betting can add consistent profit to any online sportsbook. Keep reading to discover why.

PayPerHead.com offers over 70 racetracks so bettors have races every day of the week. Plus, with multiple profiles to personalize the experience for your bettors.

Learn more about PayPerHead and what a premium sportsbook software can do for your sportsbook business.

Making winning horse racing wagers is a learned skill

Not everyone understands the ins and outs of horse racing. Even those who do understand must learn how to read a racing form before making winning horse racing wagers.

That’s tough, which  means most of your players will make way more losing wagers than winning wagers.

Horse racing attract action because of odds

Horse racing odds are different than odds on sports bets. While players must pay a fee to wager on a football game against the spread, they don’t pay fees to wager on a horse race. Instead, they get awesome odds.

How awesome? 2 to 1 are low odds on a horse to win a race. Decent odds are 5 to 1. Heck, sometimes the favorites goes off at 3 to 1.

That makes horse racing promotions built-in.

The ponies promote itself, attracts betting action all by itself, because it offers awesome odds.

Players have plenty of options

Pay per head agents, if they’ve partnered with the right pay per head company, can offer horse racing wagering on any race track in North America. They can also offer wagering on plenty of international tracks.

This is important because pretty much almost any time during the day, even when everyone’s asleep in the United States, a bookies’ players can wager on a horse race. That means your racebook could be making money close to 24/7.

Horse racing wagers don’t cost that much

Some professional horseplayers do invest hundreds of dollars in a single race. Most casual players, though, only bet $2 to $20 on a horse to win.

That’s good because pay per head agents don’t want to offer wagering services to professional horseplayers. They want their casual player making daily bets at around $10 to $20 on horse races.

All of those $10 to $20 wagers adds up to huge profit.  

Learn About PayPerHead.com And Experience Premium Today!

Horse Racing News

Pat O'Brien Stakes Betting Odds 2019

Pat O'Brien Stakes Betting Odds 2019

You can bet the Pat O'Brien Stakes race Saturday online.  Open your betting account with just an email - no address information or social security required, and payouts are in hours, not days.

Where Can I Bet the Arlington Million Online - 2019? Odds to Win, Payouts

Where Can I Bet the Arlington Million Online - 2019? Odds to Win, Payouts

Gambling911.com has your Arlington Million betting odds for this 2019 race.  Bricks and Mortar comes into this one as the odds-on favorite.

Where Can I Bet the Whitney Stakes Online - 2019?  Odds to Win, Payouts

Where Can I Bet the Whitney Stakes Online - 2019? Odds to Win, Payouts

You can bet the Whitney Stakes at Jazz Sports online.  They are currently offering 8 percent back on losses (8% rebates).

With the Heat on Monmouth Racetrack, PETA Takes Opportunity to Terrorize Small Children

With the Heat on Monmouth Racetrack, PETA Takes Opportunity to Terrorize Small Children

PETA (People for the Ethical Treatment of Animals) used a highly controversial decision to race horses in the heat of Monmouth Park to reinforce their stance against horse racing completely, waving signs and terrorizing small children apparently.

Monmouth Park Undercard Races Cancelled, Haskell Invitational Pushed Back

Monmouth Park Undercard Races Cancelled, Haskell Invitational Pushed Back

The Haskell Invitational has been pushed back to a new starting time of just after 8 pm ET it was revealed Saturday afternoon.  Most undercard races have been cancelled and graded races were set to start at 6 pm ET.

Syndicate