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The Trick to Be a Successful Bookie

Written by:
C Costigan
Published on:
Nov/13/2019

Looking to become a successful bookie owner? There’s a lot of interest in this opportunity as of late and it’s one of the most lucrative businesses you can operate from anywhere in the world.

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There are lots of ways to position yourself to become a successful bookie. The first thing you need to do is make sure you partner with a successful pay-per-head (PPH) service.

You’ll also need to be a people person and be able to communicate with multiple personality types, as a bookie owner you’re going to run into problems with some players no matter what.

To become a successful bookie owner you’ll also need to be able to market your bookie to players, understand the basics of bookmaking and plenty of other little things that’ll you’ll learn.

The #1 Tip to Become a Successful Bookie

Regardless of your marketing expertise or your ability to communicate with every type of bettor, the #1 trick to becoming a bookie is to make sure you never risk your reputation.

Your reputation is everything in the sports betting industry. It can take years to build up your rep among the community, but your reputation could also be tarnished by making one bad call.

Here are some ways to build and maintain your reputation as a bookie owner:

    • Payouts: If you’re a local bookie, setting up a weekly collection day is the best way to collect your money and to payout any winners. If you start accepting online clients you’ll want to maintain a bankroll to payout your players whenever they request a payout.

    • Customer Service: Sometimes you may have to bend the rules a bit or be flexible with some of your players to ensure they remain happy. Being able to deal with your players is one of the most important ways in building up your reputation, especially as a new bookie.

    • Loyalty Promotions: You’ll likely need to offer players deposit bonuses to remain competitive, which is expected. However, one way to build your rep with players is by offering them a free play or cashback after a bad week/month of betting. A little goes a long way with bettors

You can work relentlessly on your sportsbook. You can spend thousands of dollars marketing your brand to online sports bettors. You can even have the best-looking modern sportsbook

However, none of that will matter if your reputation isn’t bulletproof. Sports bettors are going to spend time reading about a sportsbook online before they consider joining and depositing.

If you have a reputation for slow playing or not being accessible, it’s unlikely you’re going to see any success. Sports bettors talk a lot online and your reputation will spread quickly.

The most important thing to online sports bettors is receiving quick payouts. You can be lacking in other areas, but if you payout quicker than the competition, you’re going to have success.

Remember, once your reputation is soiled as a small bookie, it’s next to impossible to redeem it.

More pay per head tips:

1)    Professional Bookies Need Real Bookies Professional Services

2)    Real Bookies’ Mobile-Friendly Betting System

3)    Real Bookies Player Management Options

4)    Mobile Bookie Dashboard Access With Pay Per Head

5)    Leveraging Real Bookies Sports Betting Expertise This Football Season

 

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