..

Managing Your Pay Per Head Money

Written by:
Guest
Published on:
Sep/06/2017

Are you a bookie? Do you intend to become one? As you may know online bookie business and particularly with the help of the right tools such as online bookie software from PremierPerHead.com, you will be handling quite a lot of money.



But you are also not naive enough not to know that when it comes to money handling or financial management, many people lack the ideal knowledge on how to mange it. That is why many of them finally quit the race of online bookie business. Nobody wants this to happen to you. As such, you must learn how to handle your money.

But you may ask, what is involved in managing the money that comes to your pay per head business?  It is to your best interest to understand even much earlier before you start your pay per head business that apart from earning a 10% juice from whatever lost bet, you have to take care of all other expenses including payouts, which sometimes go far beyond what the business has collected.

The primary aspect of managing your bookie business money is simple: you need to have money on standby that will be used to cover all the expenses that are planned for and those that are not planned for. For instance, you know very well that each month, you need to pay your bills, your staff, however small orb big it may be, copy pasters if any, wins and several other planned expenses.

But did you also know that other things are not planned for that require money? Take for example a time you need to change your gaming software because the current one has failed. All those need money. Suppose you tend to chew up all the money at once, what do you think will come over you? Misery, isn’t it? That would be a bad thing that will happen to a reputable bookie.

Interestingly, with the right tools, it is pretty much simple to manage your manage your money. The latest reliable pay per head bookie software among other things will help you create a unique financial report summary that will help you balance, calculate and cross check what you have, the amount you’ve spent and what you’ll remain with in the end. Managing money also involves the collecting of money from clients who owe you. Again, with the ideal PPH software, you will all manage that with easy.

Business/Financial News

Cathie Wood Backing Sends Bitcoin Back Above $50K

Cathie Wood Backing Sends Bitcoin Back Above $50K

Ark Investment boss Cathie Wood told Bloomberg Tuesday evening she remains "very positive on bitcoin," and is "very happy to see a healthy correction here."  This may have helped push the cryptocurrency price above the $51,000 mark overnight.  But there are other factors perhaps.

Craig Wright Begins Landmark Legal Action Against Bitcoin Developers, Others

Craig Wright Begins Landmark Legal Action Against Bitcoin Developers, Others

Dr. Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, is now suing the developers of BTC, BCH, BCH ABC and BSV over 111,000 stolen Bitcoin, according to an announcement by ONTIER.

Bitcoin and Ethereum Prices 'Seem High,' Says Musk

Bitcoin and Ethereum Prices 'Seem High,' Says Musk

Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalization threshold.

Bitcoin Flirting WIth $54K: Hits $1 Trillion Market Cap

Bitcoin Flirting WIth $56K: Hits $1 Trillion Market Cap

The price of Bitcoin continued to rise Friday morning, peaking around the $57000 mark Saturday before dipping slightly. The cryptocurrency is currently used for more than 80% of transactions with online gambling sites operating in restrictive markets.

Defendant in Craig Wright Case: "Crazy Amount of Evidence He's Satoshi"

The latest hearing of the Wright v McCormack case took place this week, with the surprise return of Peter McCormack’s legal team for the pre-trial hearing.

Syndicate