..

Sportsbook Promotions To Switch Players To Cryptocurrency

Written by:
Payton
Published on:
Mar/22/2018

Pay per head agents should be making transactions in either Bitcoin or Ethereum. If they aren’t doing so, they should start doing so today.

(Don’t forget, at PayPerHead.com, you’ll get 5% cash back up to $5,000, find out more, and start using cryptocurrency in your sportsbook.)

Making transactions in a digital currency is a two-way street, though.

It becomes burdensome for agents to make transactions in Bitcoin or Ethereum if their players don’t.

Keep reading for a few sportsbook promotions that agents can run to switch players to cryptocurrencies.

Sportsbook Promotions to Switch Players to Bitcoin or Ethereum

The easiest way to switch players to Bitcoin or Ethereum is to offer betting credits to those players.

When offering betting credits, pay per head agents must be careful to not offer the same type of bonuses that large online sportsbook promotions.

It’s impossible to compete with a 100% bonus. Most agents don’t have the capital to compete with a 100% bonus. Many agents don’t even have the capital to compete with a 20% bonus.

Keeping track of rollovers, like what the big online sportsbook do, can be a burden.

Stay away from offering percentage-based cash bonuses.

Instead, offer specific credit amounts, or specific credit wagers.

$50 in betting credits if you switch to Bitcoin or Ethereum

This should get most players to switch to Bitcoin or Ethereum right away. The goal with percentage-based bonuses is to encourage players to deposit a lot of money at one time.

Something like this is more attractive to many sports bettors because it’s about switching to the financial instrument they use to deposit money.

It also shouldn’t be a huge burden to most online bookie agents.

$25 free bet on some type of future proposition if you make the switch

The $25 free bet could be on something like the Kentucky Derby, the winner of Super Bowl 53, the NASCAR Monster Energy Cup.

Or even some other difficult to handicap event like this year’s PGA Masters Tournament.

A free entry to an outside tournament if you switch to Bitcoin or Ethereum

Offering free entries to outside tournaments could be harder to accomplish than simply adding betting credits to an individual account.

Pay per head agents should consider doing this, though. The reason is because by doing so, agents could offer something as a prize.

Offering a single $500 betting credit to the winner of an outside sports-based tournament could save bookies a lot of money.

These are just three examples. All online bookie agents should get creative when it comes to encouraging players to switch to cryptocurrency.

Online bookies have a reason to switch players too, why? PayPerHead.com has eliminated transaction fees for all cryptocurrency, plus the added 5% cashback bonus of up to $5,000.

So, what’s the hold up? Sign up for PayPerHead.com and start keeping your money where it belongs - in your wallet!

_________________

K

Gambling News

Feds Raid Home of Offshore Sportsbook Owner, Husband of Costa Rica Super Model

Gary Austin ran tout services, sportsbooks in Costa Rica, before that, Vegas.

Early Bettors Flip Silva to Favorite Against Jake Paul

Early Bettors Flip Silva to Favorite Against Jake Paul

On Thursday, SportsBetting.ag released a line for the potential boxing bout between Anderson Silva and Jake Paul. Silva was positioned as a +160 underdog while Paul was a -200 favorite.

Boston Red Sox Betting Trends, Series Previews, Starting Pitcher Analyses

Boston Red Sox Betting Trends, Series Previews, Starting Pitcher Analyses

Gambling911.com has your updated betting analysis for the Boston Red Sox updated July 23, 2021.

House OKs Sports Betting Bill But Fate in Senate Uncertain

House OKs Sports Betting Bill But Fate in Senate Uncertain

Massachusetts House lawmakers have overwhelming approved a bill to legalize sports betting in the state, but it’s fate in the state Senate remains uncertain.

Cleveland’s Baseball Team Goes From Indians to Guardians

Known as the Indians since 1915, Cleveland’s Major League Baseball team will be called Guardians.

Syndicate